Haddonfield NJ-  After 15 years working in the financial and insurance field, Adam V. Puff knew exactly what he did not like about the industry. Adam decided to do it his way. On Saturday, September 21, he will launch Haddonfield Financial Planning in a bigger space.

"Cryptocurrencies: The Ultimate Safety Valve"

The 99% Get a Bigger Raise!!!

Following World War 2, many believed that the central planning that won the war was also a framework for economic prosperity. The United Kingdom tried to apply it with coal and steel, while Japan focused on consumer products. The UK strategy was a failure almost from the start, and it took Margaret Thatcher's leadership in the 1980's to get back on the free market path. Japan got lucky, and their growth in the 80's caused many to think that economic theory had been turned on its head. But when the music stopped, Japan's luck was exposed. They couldn't pivot.

Now many think China's communist approach has proven itself a path towards sustained growth, but they are missing the message of history.

Furthermore, if only the US were to go on the gold standard, this move would create a windfall for those countries with large gold reserves and would also put the US money supply at the mercy of Russia, China, and a few other countries who are not our strongest allies at the moment.

Oops, they did it again!
 
Just weeks ago, the pouting pundits were predicting near-zero GDP growth in the first quarter.
 
Instead, last Friday's report showed real growth at a 3.2% annualized rate. And Q2 looks likely to come in above 3% as well.
 
For the umpteenth time, Conventional Wisdom said the growth was over. The economy – and markets – had reached their peak.
 
Just because wisdom is conventional, doesn't mean it's correct.

The logic of Alberta leaving Canada is difficult to deny. If the rest of Canada remains hellbent on cramping the Albertans’ style, why not quit the Canada Show? Alberta isn’t dependent on the federal government’s financial handouts like other provinces. It has an energy sector, public infrastructure, educational system and workforce that has drawn plenty of international investment interest on its own. Negotiating export pipelines directly with the United States would be infinitely easier than with other Canadian governments, especially since the U.S. Gulf Coast is home to the only concentration of refineries in the world that can process Albertan heavy crudes. The money the Albertan government would save by not having to underwrite the rest of Canada would be gob-smacking.

Everyone has heard of the Federal Reserve Bank or “The Fed” and that it has something to do with the value of our money — and so it must be very important. But few even claim to really understand what the Fed does and how it does it.

The Dow Jones Industrials Average and S&P 500 are breathing down the neck of record highs set last Fall. Some take that as a sign to sell, time to shift out of equities and realize gains. We think that would be a mistake.

It feels like we are living in the Land of Oz and the Fed is the "all-powerful" wizard in control.

From just about every significant group of thought leaders – the press, politicians, economists, analysts, and government officials – the narrative of the past twelve years has been all about government and nothing about the entrepreneur. They say the crisis ended because of government bailouts and easy money. It's an artificial sugar high, covering up fundamental problems that still exist and could come back without the Fed's support.