Dubious Campaign Promises — Exhibit A; How Many Loopholes Can YOU Spot? “If they’re too big to fail, make ’em smaller.” –George Shultz, Ronald Reagan’s Secretary of State (and a former Treasury Secretary). At least in some parts of the country, Hillary Clinton’s thread-the-needle comment about big banks last week would be met with a...Read More
“Nice Try” Department I give the listing agent (representing the Seller) credit for trying: the line (above) certainly sounds like a compliment. And it may even have been true, once upon a time. But, best guesses are: a) the home was built a long time ago; and b) it’s hardly beautiful now (there were no pictures accompanying...Read More
And Exactly What Quality is That? Letting the days go by, water flowing underground Into the blue again, after the money’s gone Once in a lifetime, water flowing underground Same as it ever was, same as it ever was, same as it ever was, same as it ever was Same as it ever was, same...Read More
Synonyms for “Receive”: “Charge,” “Levy,” “Assess,” “Subtract,” “Deduct,” “Reduce” “TFLIC receives an asset charge of 1.18% from the assets of the separate account.” –Prospectus On the list of really annoying things about a great many mutual funds and how they disclose their (too-high) fees, add this one: a bond fund sponsored by Transamerica Financial Life Insurance (“TFLIC”)...Read More