Common CNBC segments reflect the stupidity of the common viewer of the channel I guess which is a dumb individual investor who only cares about headlines and overtrades – and probably loses money by investing.

What do you do when inflation gets in the way of policies?  Well you change how we define inflation of course!  As long as the CPI number is in good standing, nobody can argue that inflation is here!  Forget $10/gallon gasoline, we have a flat CPI! (sarcasm)
If it weren’t so serious, it’d be funny, but this is exactly what is being considered by our great leaders in DC.
An article from Zero Hedge discusses the considerations over changing the CPI formula.  Here is an excerpt:
“Lawmakers are considering changing how the Consumer …

Must read information for people who invest in precious metals, especially if you own the gold and silver ETFs such as GLD and SLV.

In the last few years, plenty of people have jumped onto the gold bandwagon. Unfortunately, some have gotten a little “too” pro gold — to the extent that plenty of people have gone completely bankrupt in the last few years making insane bets and bad calls when it comes to both gold and silver investing.

Debt has become a serious problem in the United States. It is a hot issue in the news right now, with concerns about the slowly recovering economy and raising the ceiling for our national debt.

This is pretty fascinating, but Apple (AAPL) is actually leading the market… lower. I wrote a post for Seeking Alpha at the end of last week how Apple had closed below its 200 day moving average for the first time since early 2009. Since the stock stopped making new highs a few months ago it has basically led the stock market lower. How significant is this? Well, it’s not 100%, but it’s definitely significant. Apple has been viewed as a major market mover and leader …

A 20smoney reader wrote in to comment on the recent article with regards to the Republican politicians and why they are wrong on the economy in certain areas. I also provide my response to the reader’s comments. Check it out and add your own comments.

I’m often mistaken for a die-hard Republican because of my criticism of the progressives on the economy and especially the current administration.  These people who label me a Republican simply show how little they understand and how unwilling they are to dis-engage from partisan politics and from the two-party system which dominates the media and political arenas.
The reality is that I don’t line up with most Republicans either on my views of the economy, and after watching the Republican debate the other night on CNN, most of what I already …