The Madoff Fraud – Are There More?

Here is the latest update on the Madoff sentencing from CNBC: http://www.cnbc.com/id/31610169 A few months ago, I wrote an article titled “Crime During Economic Stress,” that is listed under the “Individuals” section (about halfway down the page) here: https://www.economicgreenfield.com/prosperitybypencom-directory/ One of the questions that I have is whether there are more frauds in existence that haven’t yet … Read moreThe Madoff Fraud – Are There More?

Gold and Inflation

Much has been written in the financial press about the possibility of impending inflation, or even hyperinflation.  These possibilities are discussed as being likely due to the “loose” monetary policy that has been enacted to combat The Financial Crisis. If one were to believe that inflation has or will soon “breakout,” one would probably expect gold to perform strongly.  At around … Read moreGold and Inflation

An Economic Brownfield Facet

I am posting a letter from Guy Haselmann, as I believe it is very well-written and illustrates how actions can promote an Economic Brownfield environment.   My comments will follow the letter: __ To the Editor, May 6, 2009 The Obama administration is creating the next future crisis. Their handling of the Chrysler situation is irresponsible, … Read moreAn Economic Brownfield Facet

“Opportunity of a Lifetime”?

One phrase that I have heard mentioned a few times is that the economic and market declines of 2008-early2009 created a “Opportunity of a Lifetime” to buy stocks, businesses, and other assets. I am not sure what reasoning is used to justify the “Opportunity of a Lifetime” phrase (and no reasoning has been provided).  It would … Read more“Opportunity of a Lifetime”?