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Warren Buffett minced no words in his most recent annual shareholder letter (which came out over the weekend) when he told investors that “retirees face a bleak future.” Buffett was referring to the pitifully low interest rates that dominate fixed income investments (like bonds and annuities). In September 1981, he

Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. China “Accidentally” uses Covid anal swab tests on US Diplomats In January we mentioned

There used to be a show from the 90s called America’s Funniest Home Videos, where host Bog Saget would show silly home movies that people sent in from across the country. The videos typically featured people doing stupid things. And if the video was funny enough, someone could have won

On December 24, 1943, in the midst of World War II, General Dwight Eisenhower formally took command of all Allied forces in Europe. This was a big deal after such a pivotal year. 1943 saw Hitler suffer a devastating loss in Stalingrad; and by the end of the year, he

There are famous stories that come out of the Great Depression in which very astute financiers sold all of their stocks just before the big crash of 1929. Joseph Kennedy famously dumped his portfolio after receiving stock tips from a shoeshine boy. And Bernard Baruch, one of the wealthiest financiers

Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. “Chestfeeding People” is the New Gender Inclusive Term in UK Hospitals The Brighton and

In the early first century AD, in the final years of his reign, the Roman emperor Augustus imposed a new tax on his subjects called the vicesima hereditatium. In Latin this means literally “twentieth of inheritance”, and in effect it was a 5% tax (i.e. 1/20th) on money and property

One of the most important lessons that a lot of people learned the hard way last year was how important it is to have OPTIONS. Nearly everyone on the planet suddenly experienced, almost in unison, an astonishing loss of freedom, practically overnight. Local public health officials went from being little-known

On April 3, 1948, when Europe and Japan were still smoldering from the devastating effects of World War II, the United States government passed a massive stimulus bill that became known as the Marshall Plan. The Marshall Plan was highly controversial; the US national debt was at an all-time high

Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. California Public Health Department: “Stay Away from your Loved Ones” “Love means staying away,”

In honor of Black History Month, schools across the Land of the Free are adopting a curriculum that’s being pushed from the organization Black Lives Matter. Curiously, the “Black Lives Matter at School” curriculum has absolutely nothing to do with history, let alone black history. Instead, the organization presents an

Earlier this week, the right honorable politicians of the United Kingdom rolled out strict new Covid travel rules. Bear in mind that the UK already has some of the strictest Covid rules in the world right now. People must stay at home and only go out if they have a
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