by A Schaef | Jun 21, 2010 | Schaef Report
“The nature of humans is to reject what is true but unpleasant, and to embrace what is obviously false but comforting.†– H.L. Mencken Money Addicts. Stimulus packages and bailouts are implemented for one reason: to give a temporary appearance of an economic...
by A Schaef | Jun 8, 2010 | Schaef Report
During President Obama’s May 27, 2010 press conference he announced that he would be extending the moratorium on offshore drilling for at least another 6 months. This announcement just happens to coincide with the time of year that the demand for oil historically...
by A Schaef | May 25, 2010 | Precious Metals, Schaef Report
“The strength of a nation’s currency is based on the strength of that nation’s economy; and the American economy is by far the strongest in the world. Accordingly, I have directed the secretary of the Treasury to take the action necessary to defend the dollar...
by A Schaef | May 10, 2010 | Schaef Report
SCHAEF BRIEF: May 6, 2010 -The Intra-day Crash Heard Around the World On May 6, 2010, between 2:30pm and 3:00pm EST the American Stock Market experienced the largest intra-day crash in history, falling as much as 998 points before quickly rebounding but still ending...
by A Schaef | Apr 28, 2010 | Schaef Report
“…but while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.†– Franklin Delano Roosevelt (ridiculing fiscal conservatives while lobbying for the...
