Go ahead. Everyone who doesn’t really know the meaning of the word, shout the word socialism at the top of your lungs. Come on, get it over with because, whatever the untutored may think, the subject of this post has nothing whatsoever to do with that awful word.
Anyone thinking that national healthcare is somehow related [...]

[Read more →]

So, you want to get rich. Surprise, surprise. The question is how do you get there.
How much are you willing to gamble on your retirement? Everything? Half of everything? How lucky do you feel putting your children’s college funds at risk? Come on now. Be honest.
How do you get rich? How do you get to [...]

[Read more →]

Many will consider this post sacrilegious. They are merely the deluded, the Kool-Aid drinkers. Reaganism has become a religion. Let me be the bearer of bad news. Reagan is dead.
Every Republican candidate for president in the recent campaign tried to outdo his rivals in their claims to the mantle of St. Ronny. Now congressmen are [...]

[Read more →]

I‘ve heard all of the arguments for the Big 3 going the bankruptcy route. They seem to be ignoring a few facts.
First, let’s ignore all of those to whom ideological purity is more important than the economic health of the country. Our economic health has a direct effect on our national security, our perceived leadership [...]

[Read more →]

Are you getting a little dizzy? I think Hank Paulson was sober at his little press conference but I could be mistaken. Sober or stoned, it doesn’t really matter. He will hold another press conference as soon as he hears another ’solution.’
The ‘Smartest Man in Washington’ has changed his mind again. Of course that doesn’t [...]

[Read more →]

Strange Bedfellows. A major battle has been going on and we didn’t even realize it. And coming to the rescue is that card-carrying member of the opposition: Bloomberg News. Who woulda thunk it?
Bloomberg News has filed both a request under the Freedom Of Information Act and a lawsuit against the Federal Reserve. The issue is [...]

[Read more →]

We’ve been sitting around stunned by the financial crisis. What to do? We don’t trust the experts, and rightly so. They lurch from one answer to another. There is little confidence that they are doing anything more than thrashing around, grasping at straws.
Actually, since their starting point is their religious belief in a simplistic and [...]

[Read more →]

Old Alan is quoted as saying, “I still do not fully understand why it happened.” Really?
Oh, how the mighty have fallen. Poor old Alan, formerly the architect of America’s prosperity, is now the fall guy. There he was being grilled by Representative Henry Waxman and his crew. There he was being treated as just a [...]

[Read more →]

Being laid up with bronchitis isn’t pleasant. Thousands of thoughts race through my mind. Although I haven’t fully recovered, I just couldn’t wait. The absurdity of our present situation is so obvious. The lack of understanding of why it happened is not.
The only thing that has relieved my misery has been laughing at the idiot [...]

[Read more →]

Cheer up. You knew that you were the proud owner of the world’s largest insurance company. You may not have been able to afford insurance. Now, you may not be able to afford the insurance company.
I bet you thought $85 billion dollars was a lot of money. It bought you 80 percent ownership in AIG. [...]

[Read more →]