Haddon Libby

ZOOM, ZOOM, ZOOM!

ZOOM, ZOOM, ZOOM!

By | October 15, 2015 at 4:24 am | No comments

By Haddon Libby Like the start of a new school year and the fall television season, the 2016 models of your favorite vehicle have hit the lots. Nearly fifty vehicles are considered all-new and redesigned this year.  Some of those with the most buzz include Acura’s NSX...

Posted in: Columns, Haddon Libby

STOCK MARKETS LOST $11 TRILLION LAST QUARTER

STOCK MARKETS LOST $11 TRILLION LAST QUARTER

By | October 8, 2015 at 1:42 am | No comments

By Haddon Libby Globally, publicly traded companies had about $110 trillion in market value in June.  Over the last three months $11 trillion of this value was wiped out - the worst performance for stock markets in four years.  According to the SIX Group, a financial...

Posted in: Columns, Haddon Libby

Jeb, the Pope and Climate Change

Jeb, the Pope and Climate Change

By | October 1, 2015 at 12:28 am | No comments

By Haddon Libby “Any harm done to the environment is harm done to humanity.”  These are words spoken Pope Francis as he stood before the United Nations last week on the ecological crisis facing the world. Presidential candidate, Jeb Bush, immediately rejected the...

Posted in: Columns, Haddon Libby

CHINA & U.S. MONETARY POLICY

CHINA & U.S. MONETARY POLICY

By | September 24, 2015 at 1:19 am | No comments

By Haddon Libby Last week, the Federal Reserve’s announced that the Federal Funds rate was going to remain at essentially 0% - an emergency rate level that has been in place for six years.  In deciding not to raise this key indicator rate to 0.25%, the Fed reasoned that...

Posted in: Columns, Haddon Libby

The Fed and Cheap Money

The Fed and Cheap Money

By | September 16, 2015 at 11:49 pm | No comments

By Haddon Libby The financial markets are in a tizzy over anticipated interest rate increases.  Rate increases are needed in order to begin eliminating the extraordinary monetary easing policies of the Federal Reserve.  Since the end of 2008, the Federal Funds rate has been...

Posted in: Columns, Haddon Libby

Jobs & Corporate Greed

Jobs & Corporate Greed

By | September 9, 2015 at 11:04 pm | No comments

By Haddon Libby The White House has been touting the August unemployment number of 5.1% as the best results since March, 2008.   While the economy is doing significantly better than at any point during the Obama Administration, a deeper look shows that fewer people are...

Posted in: Columns, Haddon Libby

TRUST and POTUS 2016

TRUST and POTUS 2016

By | September 3, 2015 at 3:04 am | No comments

By Haddon Libby The Pew Research Center has studied public trust in government going back to 1958.  Back then, 73% of Americans trusted their elected leaders.  Trust in government peaked in 1964 at the beginning of the Johnson administration (right after the JFK...

Posted in: Columns, Haddon Libby

IS GAS RATIONING COMING?

IS GAS RATIONING COMING?

By | August 26, 2015 at 11:41 pm | No comments

By Haddon Libby The California State Senate passed a bill this month requiring that 50% of all electricity used in our state be generated from renewable sources like wind and solar by 2030.  Additionally, greenhouse gas emissions from cars will have to fall by 80% from 1990...

Posted in: Columns, Haddon Libby

Edumacation

Edumacation

By | August 19, 2015 at 5:53 pm | No comments

By Haddon Libby With the high temperature recorded last weekend in the Coachella Valley, you might be interested to know that we have a ways to go to reach the highest temperature ever recorded on Earth.  That happened on September 13, 2012 in Libya when it reached 136...

Posted in: Columns, Haddon Libby

Puerto Rican Debt and Return-free Risk

Puerto Rican Debt and Return-free Risk

By | August 13, 2015 at 2:41 am | No comments

By Haddon Libby The Coachella Valley has a large population of retirees and nonprofits who rely on interest from fixed income investments for their sustenance.  With interest rates being at or near historic lows over the last few years, many have stretched for higher yields...

Posted in: Columns, Haddon Libby

Lefthanders and the Dog Days of August

Lefthanders and the Dog Days of August

By | August 5, 2015 at 7:13 pm | No comments

By Haddon Libby As we enter the ‘dog days of August’, you might find it interesting to know that the phrase finds its origins back in 750BC.  It seems that the heat of the summer coincided with the rise of Orion’s dog, Sirius and the dogstar in the constellation Canis...

Posted in: Columns, Haddon Libby

Donald Trump and Grumpy Old Man Syndrome

Donald Trump and Grumpy Old Man Syndrome

By | July 30, 2015 at 12:23 am | No comments

By Haddon Libby Grumpy Old Man Syndrome.  We all know someone who suffers from it.  He complains about everything and nothing all at once. Donald Trump is the poster curmudgeon for Grumpy Old Man Syndrome.  The other day while Trump was chastising fellow grouch John...

Posted in: Columns, Haddon Libby

Miley Cyrus and the End of Civilization as We Know It

Miley Cyrus and the End of Civilization as We Know It

By | July 22, 2015 at 7:55 pm | No comments

By Haddon Libby It is hard to believe but many high schools and colleges start in less than a month.  Locally, I always struggle to understand why our kids start school during the hottest month of the year. Wouldn’t an October 1st start date make more sense? As for...

Posted in: Columns, Haddon Libby

In the Year 2030…

In the Year 2030…

By | July 16, 2015 at 12:29 am | No comments

By Haddon Libby The world is in the early stages of the technology revolution that will change literally every facet of life.  Thomas Frey, innovation editor for The Futurist magazine, believes that 2 billion current jobs will be eliminated over the next fifteen years as a...

Posted in: Columns, Haddon Libby

Slippery Dicks and Pickle Research

Slippery Dicks and Pickle Research

By | July 9, 2015 at 1:18 am | No comments

By Haddon Libby It is far too hot to write a serious article this week. What does this mean to you?  It means that you will be getting a series of humorous and factual tidbits.  If you memorize all of these facts, you can be the hit of any barbecue, pool party or other...

Posted in: Columns, Haddon Libby

Freedom Requires Tolerance

Freedom Requires Tolerance

By | July 1, 2015 at 9:15 pm | No comments

By Haddon Libby Independence Day is a celebration of the liberation of the United States of America from the oppressive rule of Great Britain.  With this as the backdrop, why is it that some Americans work so hard at having their freedoms protected yet also work tirelessly...

Posted in: Columns, Haddon Libby

CORPORATE ALL-STARS

CORPORATE ALL-STARS

By | June 25, 2015 at 3:01 am | No comments

By Haddon Libby Over the last few weeks, I have been pointing out some of the companies that do not treat their customers and/or employees well. The worst of a large and motley group include Bank of America, Chase, Citibank, Wells Fargo, General Motors, Wal-Mart and...

Posted in: Columns, Haddon Libby

The Bad Boys of Retailing

The Bad Boys of Retailing

By | June 18, 2015 at 1:32 am | No comments

By Haddon Libby In part three of this who-know-how-many part series on Corporate Cannibals, let’s acknowledge a few of the retailers who fit the description. As a reminder, Corporate Cannibals must have a history of doing things that are illegal or unethical against their...

Posted in: Columns, Haddon Libby

Corporate Cannibals: The Automakers

Corporate Cannibals: The Automakers

By | June 11, 2015 at 2:15 am | No comments

By Haddon Libby Price fixing by parts suppliers to automakers has and will lead to more jail sentences than auto defects that have killed hundreds of Americans. In fact, it is unlikely that anyone will go to jail despite the intentional cover up of defects that have led to...

Posted in: Columns, Haddon Libby

Corporate Cannibals

Corporate Cannibals

By | June 4, 2015 at 12:34 am | No comments

By Haddon Libby Corporate Cannibals consume their consumers.  Ethics are a slogan and not an ethos.  They pretend to be responsible Corporate Citizens by giving token amounts of their ill-gotten gains as donations to worthy charities.  By making these charitable donations,...

Posted in: Columns, Haddon Libby

CANARY IN A COAL MINE

CANARY IN A COAL MINE

By | May 27, 2015 at 6:52 pm | No comments

By Haddon Libby Cleveland cop Michael Brelo jumps on the hood of Cleveland couple Timothy and Malissa Russell and fires fifteen shots at close distance at this unarmed couple.  The couple had led the police on a high speed chase that at one point had sixty police cars and...

Posted in: Columns, Haddon Libby

Crosscheck for Arrival

Crosscheck for Arrival

By | May 21, 2015 at 1:51 am | No comments

By Haddon Libby The long Memorial Day weekend marks the start of summer for most.  Over the next few months, many of us will be flying off to vacation destinations both domestic and abroad. Skytrax Air Travel ranks all airlines on a five star scale using dozens of factors...

Posted in: Columns, Haddon Libby

One in Five Live in Poverty

One in Five Live in Poverty

By | May 13, 2015 at 10:54 pm | No comments

By Haddon Libby While the Coachella Valley is a second or third home to many of the nation’s most affluent people, many of our full-time residents struggle financially.  Only 17% of our communities have income levels above the state or county averages.  Meanwhile, nearly...

Posted in: Columns, Haddon Libby

State of the World’s Mother

State of the World’s Mother

By | May 7, 2015 at 2:17 am | No comments

By Haddon Libby Every day, 800 mothers and 17,000 young children die of largely preventable causes.  More than 60 million women and children are in need of humanitarian assistance every year. To help us in defining the best and worst places to be a woman and raise a child...

Posted in: Columns, Haddon Libby

Entrepreneurs, Angels & Politicians

Entrepreneurs, Angels & Politicians

By | April 30, 2015 at 10:10 am | No comments

By Haddon Libby When it comes to starting a business, the Coachella Valley does not have a competitive edge over many other places throughout the Southwest.  As a result, our area has to develop its own opportunities as state taxes and a lack of skilled workers serve as...

Posted in: Columns, Haddon Libby

Your “Trusted” Advisors

Your “Trusted” Advisors

By | April 22, 2015 at 11:10 pm | No comments

By Haddon Libby Some financial advisors and insurance agents make used car salesmen look like a bunch of Mother Theresas (no disrespect to used car salesmen intended). Why? These “trusted” advisors sell variable rate or indexed annuities to the elderly.  They sell...

Posted in: Columns, Haddon Libby

The New Wild West

The New Wild West

By | April 15, 2015 at 11:20 pm | No comments

By Haddon Libby Here is a commercial that you might see on the Fox Business Channel in the not too distant future: “A $16,000 investment in Apple back in 1980 earned two Buffalo, New York grandparents a cool $2 million!  Don’t you wish you were them?  Guess what, you...

Posted in: Columns, Haddon Libby

The Math to Water Conservation

The Math to Water Conservation

By | April 8, 2015 at 2:30 pm | No comments

By Haddon Libby California uses about 38 BILLION gallons of water a day or nearly 14 TRILLION gallons of water annually.   This equates to daily use of 976 gallons for every man, woman and child. That is a lot of water. When Governor Brown called for a cut of 25% in...

Posted in: Columns, Haddon Libby

The Business of Charity

The Business of Charity

By | April 1, 2015 at 8:35 pm | No comments

By Haddon Libby Excluding tax-exempt organizations like the NFL and Credit Unions, over 5% of all economic activity in the United States ($1.65 trillion) is transacted through nonprofits.    Nearly 10% of all wages and salaries in the United States come from nonprofit...

Posted in: Columns, Haddon Libby

Coachella’s Hermanamiento

Coachella’s Hermanamiento

By | March 26, 2015 at 1:17 am | No comments

By Haddon Libby Something unique and special happened to a Coachella Valley city on Friday, March 20th.  A ‘Hermanamiento’ or Sister Cities Agreement was signed between the cities of Coachella and Mexicali, Mexico. The signing ceremony took place at the Casa de la...

Posted in: Columns, Haddon Libby

LOGO CONTEST IDENTIFYING LOCAL FOOD

LOGO CONTEST IDENTIFYING LOCAL FOOD

By | March 19, 2015 at 1:23 am | No comments

By Haddon Libby You may not know it but the Coachella Valley produces more than $670 million in fruits and vegetables annually. Typically the foods produced here are shipped to somewhere else for processing before being shipped back here. That sojourn means that you and I get...

Posted in: Columns, Haddon Libby

Danger, Will Robinson!

Danger, Will Robinson!

By | March 5, 2015 at 2:20 am | No comments

By Haddon Libby Which city is the safest in the desert? According to data compiled by location.com for use by real estate agents nationwide, Twentynine Palms comes in as the safest place to live in the desert. With one property crime per 72 residents, they were the only...

Posted in: Columns, Haddon Libby

Happy Shiny People and their Unhappy Cousins

Happy Shiny People and their Unhappy Cousins

By | February 26, 2015 at 12:50 pm | No comments

By Haddon Libby The Gallup Organization recently compiled 2.1 million surveys in order to capture how people feel about their daily lives. Termed the Well-Being Index, the data collected was split into five categories: Purpose, Social, Financial, Community and...

Posted in: Columns, Haddon Libby

Franchising in America

Franchising in America

By | February 18, 2015 at 4:55 pm | No comments

By Haddon Libby What business type is expected to outperform the overall economy this year? Franchises. Franchises can be in any business - food, accounting, cleaning, etc. On the whole, business owners of franchises can expect business to increase 5% this year, a full 2%...

Posted in: Columns, Haddon Libby

Conflate-gate

Conflate-gate

By | February 11, 2015 at 9:35 pm | No comments

By Haddon Libby The state of news reporting in America has yet again reached an all-time low thanks to Brian Williams, NBC News anchor and head of their entire news division. For over ten years, Williams has said that, his “bird” or helicopter was hit by enemy fire...

Posted in: Columns, Haddon Libby