Charles Carroll Insights

\"Individual investors need more than conventional wisdom\"

Prescription for Failure ???

bill | July 16, 2009

Governor Mitt Romney was determined to provide a healthcare plan that served all the citizens of the Commonwealth of Massachusetts. On April 12th, 2006 Governor Romney signed the bill into law. Regardless of what you might think about the plan it was well conceived, implemented with the appropriate bumps along the way, and delivered on [...]

Health Care’s Fate?

bill | June 1, 2009

Needless to say Health Care is an issue that touches everyone. The new administration is looking to move toward a new methodology for curtailing the costs associated with keeping America healthy. According to the National Coalition on Health Care nearly 18% of Americans (46 Million) do not have health care. The issue is extremely frustrating [...]

What Happens Next?

bill | June 1, 2009

Under President Barack Obama’s budget plan, the federal debt is exploding. To be precise, it is rising – and will continue to rise – much faster than gross domestic product, a measure of America’s ability to service it. The federal debt was equivalent to 41 per cent of GDP at the end of 2008; the Congressional Budget Office projects it will increase to 82 per cent of GDP in 10 years. With no change in policy, it could hit 100 per cent of GDP in just another five years.

Annuities and Guaranteed Income

bill | May 14, 2009

After many attempts to refrain from making comments about the state of financial services companies in today’s market environment, an advertisement on CNBC struck me as being worth a more definitive look. Not long ago Mark Cuban in his blog wrote a story about Fidelity Investments guaranteeing income to its clients through the use of [...]