treasury

They Are Wrong

August 11, 2011

Don’t listen. They are all saying the same thing, so it must be wrong. There aren’t that many intelligent people in finance, politics and the media. We are assured that the crash of the stock market is the result of our massive debt. Really? The market, whose computers are among the fastest in the world, [...]

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Worry Not

July 14, 2011

Yes, I’m back from vacation. I know. You didn’t even realize I was gone. Well, it wasn’t really a vacation. It was 9 days at Fall Creek Falls State Park with about 70 of my wife’s relatives. No it wasn’t as bad as it sounds. Actually there is a little good came about while I [...]

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Not A Fan Of Ceilings

June 25, 2011

I am not a fan of ceilings. Well, at home is good. Maybe in most any building. But that’s not the kind that we have as the subject today. We’re talking about the debt ceiling of the federal government. It’s possible one or two people may not be as familiar with this issue as they [...]

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Imagination At Work

April 1, 2011

I pay more taxes than General Electric. You pay more taxes than General Electric. Technically, they pay more, just not to the United States Government. For some reason, though the bulk of their business income comes from this country, they always seem to lose money here and make tremendous profits overseas. Why didn’t TurboTax do [...]

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Foreclosure

September 27, 2010

It isn’t the prettiest word in the dictionary. Don’t skip this. You might become an evictee and I have an idea. It isn’t bad enough that people are losing their homes. The banks and mortgage companies are doing everything possible to make matters worse for their customers. In the process, they are stretching out this [...]

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Good Taxes

March 29, 2010

Yeah, I know. There isn’t such a thing as a good tax. Well, maybe there is. Let’s think about it for a moment. As illustrated by the graphic, Wall Street got a huge tax break. Actually, they got a lot of our tax money. That in addition to several reams of tax breaks, subsidies and [...]

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Doing God’s Work

November 25, 2009

The CEO of Goldman Sachs, Lloyd Blankfein, claims that he is doing God’s work. Has God retired? Is God not upset with Lloyd for causing his 401K to tank? Wouldn’t you like to get a peek at God’s portfolio? Such gems of wisdom from one of the Masters of the Universe generates lots of questions. [...]

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Don’t Miss This

October 9, 2009

Bill Moyers is one of the few serious, informative journalists on television. Rather than have you labor over my writing, I’m giving you a break. The bulk of this post consists of several paragraphs of transcript from tonight’s Bill Moyers Show on PBS. There is also a couple of minutes of video from tonight’s show. [...]

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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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Get Rich, Not

December 30, 2008

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 [...]

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