Question of the Week
This year, one of the most revered political figures in the world passed away. Lee Kuan Yew took a poor nation with no resources and made it an economic powerhouse. Today, Singapore is admired by nations and leaders everywhere. But his methods were strict and people could be fined or jailed for things like:
Not flushing public toilets
Selling chewing gum
Illegally peeing in elevators
Walking around their house naked
Graffiti, they would get caned
Are there things we could take away from Singapore's success or does our freedoms come even before things like flushing public toilets?
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Charles Payne's Market Commentary
Main Street's Sacrifice
3/31/2015 - Much is being made over what ails the economy and it often comes back to the consumer (s) still reluctant to spend. This is certainly a theory that gained credibility when Americans put their gas savings inside empty coffee cans.
There's evidence now that consumers are picking up the spending at discount stores and things like cruises. However, the tight-fisted nature of the household remains a puzzle. The fed has printed up a gob of money under the guise of sparking a virtuous cycle...
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|Recent commentary from Charles
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MAIN STREET WISDOM
Observations of a concerned public
Rodman from Texas writes:Your comments should be required reading for all members of congress. Especially the bit about lack of political will and smart fiscal policy. ...more
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