QUESTION: Marty; there is another documentary on the Abacus Bank and how they were singled out and charged for the 2007-2009 crash. While they said this was a tiny banks for immigrants that was too Small Enough to Jail, I found this offensive that they said it was the first bank to be indicted since 1991. Not even Matt Taibbi […]
While some of the news coverage was interjecting global warming as the cause of the storm, in fact it tends to work in the opposite direction. This has been a sharply declining period of temperature. I wrote about how this was the year without an Arctic Summer. This has been the coldest summer in Europe and even […]
QUESTION: Dear Marty, I sure would appreciate any thoughts you have on rumors making the rounds that the International Monetary Fund has tipped its hand, in part via its June 2017 “Fintech and Financial Services: Initial Considerations” IMF Discussion Note, and intends to replace the US Dollar as the global reserve currency as early as […]
The devastation in the Florida Keys and in the Caribbean Islands has one thing in common. Those houses constructed in wood frames cannot withstand even a Category 3 storm no less a Category 5. To understand the disaster, we have to face the fact that construction standards are critical. Wood houses should be prohibited and […]
As the DXY continued its bounce, so Asian currencies returned their recent gains with the most noticeable move being in the Japanese yen. The currency in late US trading is seen with a 110 handle a decline of 0.6% on the day. The declines were counter-balanced by stocks that all rallied with the Nikkei 1.2% […]
Welcome to the reality of the Digital World and there are those in government who want to eliminate cash and force everyone into electronic deposits. Well the new data breach at credit bureau Equifax appears to have affected up to 143 million people. On top of that, Equifax has been slow to deal with the issue. […]
Tampa 1921 QUESTION: Marty, You said in Orlando last year you ran your models on where to locate in Florida and said a big one was due in 2017. Now with your target coming into play for the week of 9/11 and the storm about to hit your area, do you think this target of 9/11 […]
There are a lot of people claiming that price gouging should be criminal. What they fail to take into consideration is that price gouging is the only way to really allocate resources. The critics will claim that this is people taking advantage of others. However, gasoline prices were fixed and what happened was that everyone […]
While Socrates is not located in Florida and all our sites are also not dependent upon one location, unfortunately, one of our data provider operates on servers in Boca Raton, Florida. They obviously do not have backups out of the region and the power is down. The Socrates site is up as is our blog. […]
We are supposed to live in a free society, but we do not. A federal judge claims the same power as the former king and he can sentence you to die in prison without a lawyer, trial, or even a charge. The majority of Federal judges are the most ruthless people you will ever encounter. […]
