bankruptcy

Our Goose Is Cooked

February 1, 2012

ow many minutes has it been since you heard someone call this the greatest country in the world? How many seconds? Did you agree? Ooops. Was it you saying that? It used to be arguably true. We got accustomed to telling ourselves it was so. We believed it. Many of us, most of us still [...]

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Medi-cure

March 30, 2011

Medicare is wonderful. Medicare is terrible. Medicare is in trouble. Medicare is wonderful. Medicare is also complex. People are always suggesting changes. Some wish to extend it. Some wish to eliminate it. People are running around predicting bankruptcy for Medicare around 2017 or 2019 or whenever. No, it’s not that bad. There would be a [...]

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Danger, Will Robinson

May 10, 2010

Did you know that Dr. Zachary Smith was actually a Wall Street banker? If not, he certainly shared the same mores. Recently, an email was published that showed just want these “Masters of the Universe” think of those putting their financial futures in the hands of these touts. I find it hard to believe anyone [...]

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The Jet Sat

April 30, 2010

There was some interest in the recent volcanic activity in Iceland. Don’t worry. I have no intention of showing off my ability to type its name just to twist your tongue. My own interest was also sparked. I used to work for Delta Air Lines, back in the dark ages before deregulation. It was constantly [...]

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Private Immorality, Corporate Virtue

January 8, 2010

Here is something I stumbled upon that deserves attention. Roger Lowenstein is the author. He states the case well and doesn’t need me to interpret for him. His advice will likely go against everything you have been told on this subject. So, what? You were told that for someone else’s benefit. Bookmark It Hide Sites

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It Ain’t That Complicated

September 18, 2009

Change. Change? What change? How about some meaningful change? Three issues are at the top of the agenda. They share a commonality. They are healthcare, the economic crisis and the impending decision by the Supreme Court on Citizens United v. The Federal Election Commission. The commonality they share is the usurpation of power by corporations [...]

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Upside Down

February 24, 2009

A commentary by a noted economist. Reactions to that commentary on the Sunday talk shows. At first glance it appeared that the world had, overnight, turned upside down. First impressions aren’t always accurate. There was South Carolina Senator Lindsey Graham (John McCain’s BFF) willing to consider nationalization of banks. New York Republican Congressman Peter King [...]

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What’s Good for General Motors

December 12, 2008

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 [...]

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