GI Bill’s History

It has been heralded as one of the most significant pieces of legislation ever produced by the federal government—one that impacted the United States socially, economically and politically. But it almost never came to pass. The Servicemen’s Readjustment Act of 1944—commonly known as the GI Bill of Rights—nearly stalled in Congress as members of the […]

IRA vs Roth IRA

IRA stands for Individual Retirement Arrangements. It’s a savings account with big tax breaks. Thus, making it an ideal way to save cash for your retirement. An IRA itself is not an investment. It’s just the “basket” in which you keep stocks, bonds, mutual funds and other assets. In 2011, you can contribute up to […]

In the words of Thomas Jefferson

“(W)ith respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age.” — Thomas Jefferson, in a letter to James Madison (1789) I […]