Archive for AIA Newsletter
Be Afraid, Be Very Afraid: The “Nuclear Solution” to Underfunded Public Pensions
By Dennis Miller With few exceptions, state and local pension funds are woefully underfunded. Five heavily populated states—California, Illinois, Ohio, New Jersey, and Texas—collectively lack $431.5 billion; money that won’t be paid out to hopeful pensioners. That’s according to those states’ own accounts published in a 2012 Harvard University study…
Is It Time to Hide Your Money Under the Mattress?
By Dennis Miller “I don’t know what to do,” said my good friend Rob after inviting my wife Jo and me to dinner for the third time in two weeks. “I know I should do something. Every time I think about it, it scares the hell out of me! Maybe…
How to Manage a Crisis… Before It Happens
By Dennis Miller My wife Jo and I live in Central Florida, and having ridden out a few hurricanes in our lives, we’re as well prepared as we can be for emergencies. We have, among other things, a generator, food, batteries, candles, and a water purification kit. My wife and…
Collateral Damage: What You and Monica Lewinsky Have in Common
By Dennis Miller Collateral damage can assume many forms—and though some may be more newsworthy than others, the latter are no less real, nor any less frightening. On Tuesday, controversial radio talk show host Rush Limbaugh called Monica Lewinsky “collateral damage in Hillary Clinton’s war on women,” saying that President…
Kitchen-Table Economics
By Dennis Miller What is it about retirement that causes confident, successful businessmen and -women to lose that edge when they invest their own life savings? Many otherwise dynamic people become virtually impotent in the face of retirement investing. I have many friends who were very effective in business—folks who…
Do Not Let The Next Downturn Leave You Penniless
Doug Casey is emphatic that a downturn will affect us all. When it comes, we want to minimize the damage. That’s particularly challenging for baby boomers and seniors who may be at, or past, the end of their careers. In the past I’ve shared some experiences from speakers who had real…