Peter's Place

Lords a-leaping is the U.S. economy slow to recover! Reflecting a steep decline in energy costs, lower inflation and slow-but-steady economic growth, the  2015 PNC Christmas Price Index® (PNC CPI)  experienced its lowest growth rate in six years at 0.6 percent in the whimsical economic analysis by PNC Wealth Management. Except for years in which the PNC CPI fell, this is the lowest rate by which it has risen in its history . According to the 32nd annual report, which measures the cost of the gifts in the holiday classic  The Twelve Days of Christmas , the price tag for the PNC CPI is $34,130.99 in 2015, a mere $198 more than last year’s cost and in-line with the U.S. government’s Consumer Price Index, which has increased 0.2 percent over the past 12 months. The cost of 10 lords a-leaping increased 3 percent over last year, but the price of nine of the other 12 gifts listed in one of the most well-known Christmas carols,  The Twelve Days of Christmas ...

April 1, 2014 Santiago, Chile In an absolutely astounding announcement today, Janet Yellen made a stern and heartfelt apology for 100 years of asset bubbles, depressions, recessions, panics, banking crises, and all-around inflation caused by the Federal Reserve. Flanked on both sides by former Fed Chairmen Ben Bernanke, Alan Greenspan, and Paul Volker, Ms. Yellen stated emotionally, "As grand wizards of the financial system, we must accept full responsibility for the consequences that our decisions have had on the lives of ordinary people around the world..." "Frankly," Ms. Yellen continued, "I can't believe in this day and age that total control of the money supply is awarded to a tiny handful of unelected central bankers. It is a most undemocratic system and should be abolished immediately." Well... a man can certainly dream. Happy April Fool's Day. (credit: Simon Black )

Found this awesome video clip from one of my favourite famous women who do not work in the field of entertainment, Suze Orman: Here is a partial transcript of quotes that I thought should be transcribed for all to see: Back [in the 1980s], there were ethics. There were ethics with money, believe it or not. You couldn't buy a house unless you had 20% down. They didn't give you credit cards unless you had the money to get out of credit card debt. They didn't give you a financial rope so that you could hang yourself. Today's economy is based on the ignorance of the people everywhere in the hopes that you're going to make some serious financial mistake that makes these people over here be able to meet their earnings reports for the stock markets and the this and the that. Way back when, money made sense. You could go to the university and pay $100 a semester to attend. Now we have kids graduating college with more student loan debt than they have any idea ...