News

High inflation has been in the news for a long time and will continue to be.  Gasoline, food, and most recently oil are just a few of the many items whose prices have been rising sharply.  This is concerning any time it happens, but especially so now. That’s because the Fed has raised interest rates 11 times since March 2022 to control inflation, and the statistics prove the medicine is not working.  So now what?  Is the government losing control of the economy?  Do we have to worry about hyperinflation?  Let’s hope not, because that would mean hard times are ahead for consumers, businesses, investors, and the world.  

New York is home to every nationality, political party, and special interest group - which is fine.  People have a right to express their views and support them.  Unfortunately, many people reject this idea.  They think only their opinions matter, and they threaten anyone who disagrees.     

News of the horrible terrorist attack in Israel caught all of us off-guard, and understandably so.  After all, we were in the midst of celebrating a holiday, only to be shocked by news of the brutal, ruthless events unfolding in Israel.

Right after Israel’s war with Hamas erupted, Secretary of the Treasury Janet Yellen was asked whether the US can afford to provide military aid to Israel while, at the same time, continuing to give massive aid to Ukraine.  Her reply: “Absolutely.” 

In 1789, Benjamin Franklin famously said that “in this world nothing is certain except death and taxes.”  Franklin certainly got that right, but these days the idea needs to be updated and add the military industrial complex (MIC). 

“As an American Jew, you are safer now in Saudi Arabia than you are on a college campus like Columbia University.”  This is the opinion of Jared Kushner, senior advisor to former Pres. Trump and one of the architects of the Abraham Accords.  Sadly, his view is all too true.