nationalization

Don’t Get Your Hopes Up

March 16, 2009

Actually, hope is a good thing. It’s good psychologically. It’s even good for the economy. It’s just that a systemic, global meltdown isn’t ready to disappear quite so quickly. It has been said that expectations are the largest factor in determining the ups and downs of the economy. A little hope is giving us the […]

Read the full article →

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 […]

Read the full article →

Decisions, Decisions

February 23, 2009

Actually, we don’t have a choice to make. It has been made for us and was never in question. We are going to save the bankers. Why? Because the bankers in government think exactly like the bankers, their friends, who are not in government. They all consider themselves and our banking system to be indispensable. […]

Read the full article →