Straight Talk about Money, Markets, and Politics

Denny Hastert Cops A Plea

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Last week Politico reported that former Republican House Speaker Dennis Hastert had entered a plea of guilty on a single felony charge of violating bank money transfer laws enacted after 9/11 as part... READ MORE

Hillary Clinton . . . the Necessary Choice

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In the coming Democrat nominating process, Hillary will likely be the necessary, but not necessarily the popular choice. By that I mean she will probably be the most formidable (electable) pick to run... READ MORE

The Sucker’s Rally

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The Dow ended down 588 points on Monday. Overnight the Chinese lowered interest rates and their reserve requirement. This had the futures contract in the overnight market up over 400 points. The markets... READ MORE

Donald Trump . . . the Media Master

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The first big Republican debate is over, drawing a record cable viewing audience. And—predictably—the Donald was the star of the show, leaving the rest of the Republican clown car standing on the corner,... READ MORE