Dearest Cha-Ching Wisdom Readers,
So much has transpired in the last 6 – 8 months that it becomes overwhelming to report on the world from a financial and economic perspective. The important part is the translation into what it all means to you and me, the spectators on the sidelines of the numerous debacles erupting around us.
First of all, let us examine the late, not-so-great, so-called Super Committee of 2011. The 535 members of the United States House of Representative and Senate failed to come up with a reasonable plan to restrain expenses and/or raise taxes to close the now $15.053 trillion cash-based national debt, a number...
