President Obama has given us our next mega income opportunity. Whether you are an Obama loyalist, a Tea Partier or anything in between, it's clear the next major issue – besides possibly energy – will be education.
Even with massive increases in education spending over the last several years, comprehension and retention rates are falling flat. According to the Department of Education, reading levels have not improved one iota among 17-year-olds since it started keeping track of them in 1971. Yet we're paying twice as much on an inflation-adjusted basis.
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Taking Advantage of the Fed’s All-You-Can-Spend Buffet
The big discussion this week — and the reason we’ve seen such a stellar week for stocks — was the decisions of the world’s Central Banks to give free money to Europe. And why not? They’ve been giving free money to US banks for the past few years. And just look how well that’s been working out! Clearly these wise monetary sages know precisely what they’re doing.
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