When JP Morgan Chase says oops, we lost $2 billion, or maybe three, and it’s no big deal to the world at large, you have to start wondering how desensitized we’ve become to common sense. Losing $2 billion is a very big deal to most of us, most of us think that losing $100,000 in Read More
Today, many of you who don’t play the lottery, may decide to plunk down a buck or two on the “MegaMillions” for a chance to win $540 million. In their “how to play” section, it doesn’t take that long to tell you what you have to do to win- “MegaMillions tickets cost $1.00 per play. Read More
The news about the economy is good (according to Nan Whaley and Matt Joseph and national statistics) with very modest job growth. But the real question is what kind of jobs are we creating? I have a friend with a terminal degree in his field, working two jobs, one at Wright State, another at UD Read More
Where did the money go? Enron, AIG, MCSi, IMF Global. All massive failures, where the shareholders, pensioners, and even government operations who hold investment portfolios with our tax dollars were left holding the bag. While a few may have gone to jail, the fact is that the people who were robbed, weren’t made whole. And Read More
The “American dream” is that this is a land of opportunity. America is supposed to be the magical place where anyone can work their way up from poverty to the presidency, or at least that’s what we’ve believed. Recent studies found that our country is now far from that. Americans enjoy less economic mobility than Read More
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