On January 1, 2013, the U.S. is going to be driven over the aptly named fiscal cliff.
“You load sixteen tons what do you get. Another day older and deeper in debt. Saint Peter don’t you call me, ‘cause I can’t go. I owe my soul to the company store.” —Merle Travis
One simply cannot serve two masters: one cannot ethically be on both sides of the table.
When I began research for this article I thought I would talk about how increased regulation has slowed economic growth and created uncertainty, and therefore decreased investment returns while increasing volatility…
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