by A Schaef | Jun 8, 2010 | Schaef Report
During President Obama’s May 27, 2010 press conference he announced that he would be extending the moratorium on offshore drilling for at least another 6 months. This announcement just happens to coincide with the time of year that the demand for oil historically...
by A Schaef | May 25, 2010 | Precious Metals, Schaef Report
“The strength of a nation’s currency is based on the strength of that nation’s economy; and the American economy is by far the strongest in the world. Accordingly, I have directed the secretary of the Treasury to take the action necessary to defend the dollar...
by A Schaef | May 10, 2010 | Schaef Report
SCHAEF BRIEF: May 6, 2010 -The Intra-day Crash Heard Around the World On May 6, 2010, between 2:30pm and 3:00pm EST the American Stock Market experienced the largest intra-day crash in history, falling as much as 998 points before quickly rebounding but still ending...
by A Schaef | Apr 28, 2010 | Schaef Report
“…but while they prate of economic laws, men and women are starving. We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.†– Franklin Delano Roosevelt (ridiculing fiscal conservatives while lobbying for the...
by A Schaef | Nov 14, 2009 | Schaef Report
Schaef Report Issue: November 2009 “All human situations have their inconveniences. We feel those of the present but neither see nor feel those of the future; and hence we often make troublesome changes without amendment, and frequently for the worse. ”...
by A Schaef | Nov 4, 2009 | Schaef Report
Schaef Report Issue: Fall 2009 “Watching the news, you might have thought that the only question was whether the plan was too big, too ambitious. Yet many economists, myself included, actually argued that the plan was too small and too cautious.†– Paul Krugman,...
