The first thing I will say is that I am not one of those "the Fed is the devil" type of people. There are legitimate criticisms of the Federal Reserve out there, and there are irrational ones. I am critical of present monetary...

Five years ago today Wall Street lost one of its staple investment banks to bankruptcy, and Main Street woke up to the reality of the financial crisis. The American economy had been in a financial crisis for at least a year, but it was...

This piece does a great basic run-down of how things really work for the wealthy, and how Mickelson essentially keeps 26 cents of every dollar he earns going forward (if he is lucky). Ultimately, many don't care what guys like Phil experience from a...