| Dec 11, 2013 | Economy / BusinessOne of my favorite stories of 2004 concerned Senate Majority Leader William Frist and his campaign fund. Realizing he had an excess of funds, he invested in the stock market. He lost about $450,000 between 2000 and 2004. You would think that would have taught...
| Nov 27, 2013 | UncategorizedDeck the halls, this holiday season, with scenes of hunger. Struggling families all across America now have less food on their tables. Budget cuts that kicked into effect November 1 have lowered the nation’s average federal food stamp benefit to less than $1.40...
| Nov 19, 2013 | Economy / BusinessDavid Cote, the CEO of Honeywell, has more than $134 million in his personal retirement fund. If I were sitting on a nest egg that big, I might feel a bit sheepish about telling ordinary grandmas and grandpas to take a cut in their Social Security payments. But Cote —...
| Sep 11, 2013 | Economy / BusinessHow’s your 401(k) doing? Working Americans ask themselves this question — and angst about the answer — a great deal these days. And why not? For most Americans, retirement reality has turned chillingly stark: Either you have a robust set of investments in your...
| Apr 17, 2013 | Economy / BusinessThe federal budget is, according to many experts, a “political document.” It’s how our political leaders convey their priorities to the people they serve. So what’s the political lesson of Barack Obama’s recent budget plan? He apparently...