Author: Dennis Miller

Philly Soda Tax Is Fizzling Flat

Philly Soda Tax Is Fizzling Flat

What is it about politicians? When they have budget problems, their solution is to contrive all kind of excuses to create and raise taxes. Cost cutting is seen as performing an unnatural act. The newest gimmick is a “Soda Tax”, basically a tax on sugary beverages. Philadelphia started the trend. Their efforts are fizzling out […]

TORONTO - NOVEMBER 30: Customers visit the closing Sears at Eaton Centre in Toronto, Canada on November 30, 2013.

Sears is Dying – It’s Sad – and bad!

Once a mighty giant retailer, Sears is now on life support and dying. Many investors are also going to suffer. My affinity for Sears began when my first son was born. He needed special shoes – a new pair every three months. My wife was in tears; the shoes cost over half my weekly earnings; […]

Character light bulb dressed as wizard. 3d illustration

Games People Play – Beware of Corporate America’s Games

The games played by corporate America put Houdini to shame. Their illusions exclude the warning, “Don’t try this at home”, nor is it for entertainment purposes only. Corporate America and Wall Street encourage investors to buy overpriced stocks, while executives collect bonuses for lousy performance. Looking behind the curtain Generally Accepted Accounting Principles (GAAP) versus […]

Automatic Metal Cutting Band Saw Machine

Robots, Retirees and Reality

Are robots a threat to our society? Can they take away our jobs, or manage our retirement nest egg safely? How will people earn money to buy goods? In the early 1960’s I had the privilege of working for Leighton Wilkie, a lesser-known captain of industry. He and his brother invented the band saw and […]

The Fed is Playing, “Pin The Tale On The Elephant!”

The Fed is Playing, “Pin The Tale On The Elephant!”

The Federal Reserve’s Zero Interest Rate experiment saved the banks and destroyed the retirement plans of many generations. Now they want to “normalize” things. Their solutions are ill timed and risky! When things collapse, President Trump will become a combination of Herbert Hoover and Jimmy Carter – blamed for the catastrophe. Democrats will be cheering, […]

Mercury bursts through the thermometer with words Crisis, Meltdown, Big Mess, Trouble, Concern and Issue to symbolize and warn of a terrible disaster or emergency

The Bank Was Saved And The People Were Ruined – Part II

Despite Federal Reserve Chair Janet Yellen’s expression of confidence in raising the federal funds rates, the worst of the tragic consequences of the government bank bailouts is yet to come. Part II of “The People Were Ruined” is on the horizon, and “the people” are going to suffer dramatically. William Gouge (1796-1863) was credited with […]

A male robot thinking about something. Isolated on white background.

Social Security, Robo-Advisers & Misinformation

For decades, every presidential candidate has vowed to “fix” social security, yet it never happens. In the meantime, workers have money deducted from their paychecks and retirees get paid. Is the system really broken? In a word – YES! While the politicians fiddle, the system continues to deteriorate. The challenge becomes more difficult because there […]

What’s Going To Happen To The Value Of The Dollar?

What’s Going To Happen To The Value Of The Dollar?

President Trump wants to increase exports and says the dollar has to come down. Janet Yellen and the Fed are hell-bent on raising interest rates, which should increase the value of the dollar. Historically the economy slows down when rates begin to climb yet the stock market is soaring. High inflation affects all of us […]

What Will Be Your Deathbed Regrets?

What Will Be Your Deathbed Regrets?

While you may have checked off items on your Bucket List, what will be on your deathbed List of Regrets? Bonnie Ware, an Australian nurse, spent several years caring for people in the last days of their lives. On their deathbed many patients opened up to her about their life and regrets. She wrote an […]

Dividend Paying Stocks – Part of The Solution?

Dividend Paying Stocks – Part of The Solution?

All dividend-paying stocks are not equal. Some may be very high risk; some will putter along, while others may be the salvation for those desperate for income. Why consider them? How do you pick the right ones? Since the 2008 bank bailouts, even with the recent increases, interest rates have been at historically low levels. […]