A Modest Proposal to Save the U.S. Auto Industry

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The American auto industry is in deep trouble, and our government is hard at work trying to save it through some complex type of taxpayer funded loan, subsidy, or Christmas present. An easier way to attack the problem is as follows.

Pass legislation requiring every American citizen with a driver’s license to own or lease at least one vehicle manufactured by a U.S. automaker.

Viola! Problem solved. My proposal has several blockbuster features. First, it’s simple - a refreshing change indeed from the arcane financial instruments and baffling legislation we’ve been marinating in over the past several months.

Second, it…

Learn How Markets Really Work from Ken Fisher

We are all victims of financial pornography. Mainstream media does a horrible job of explaining what’s going on in the economy, why it’s happening, what the impact will be, and what’s likely to happen next.

The is bad news for investors (and that includes anybody with a 401(k) or similar retirement plan) and non-investors alike. How can you make good financial decisions for yourself or your business if you don’t have accurate information about finance and the economy?

Ken Fisher, a highly esteemed professional investor with an impressive track record, wrote a book called The Only Three Questions that Count. It’s a…