News and Events
Buffett's son gives parenting advice
Peter Buffett, Warren Buffett's son, says he learned a lot by not having his famed philanthropist father spoil him, "I learned more in difficult times about myself and my resiliency than I ever would have if I’d had a pile of money and I could have glided through life."
Social Security Raise
The Social Security Administration announced yesterday (10/19/11) that Social Security beneficiaries will receive a 3.6% cost of living adjustment beginning in January 2012. This amounts to a $43 per month raise for the average recipient, bring their average annual benefit to $14,748.
Finke: Up, down, up, down – whiplash
Independence, MO — It has been almost 24 years since the stock market crash of October 1987, and less than three years since the 2008 autumn crash and the March 2009 bottom.
Finke: Profit is not a dirty word
Independence, MO — Why do we allow companies to have any profit at all? If a company makes a profit, doesn’t that mean that it charged more than it should have for its products?
Finke: Deficits, debt and disgrace
Independence, MO — On Tuesday the U.S. government debt limit was officially raised. This obviously could have and should have been avoided by proper actions by Congress and all of the presidents since at least Lyndon Johnson.