Credit crisis

Fannie Mae and Freddie Mac aren’t the problem- they’re the symptoms.

There are two approaches to medicine in my humble opinion: one tries to prevent illness or fix what’s causing the symptoms, the other- treats the symptoms and could care less about the cause. Back aches are the best example- often, losing weight, proper shoes, changing mattresses and a lot of pilates/yoga will cure back problems- Read More

What now, Tonto?

This is a follow up to Bob Shiffler and the Arcade, Ted Strickland and the State of the State and the whole frickin world economy. It’s time for a reality check. If insanity is doing the same thing over and over and expecting a different result, what have we learned from history if nothing else? Read More

Why it’s still the economy stupid.

As a former US Army paratrooper, I know a little bit about parachutes. As a businessman, I know that profit is a return for risk. What I don’t understand is how a man who risked nothing personally, yet ruined the lives of thousands of employees, set our financial markets into a tailspin, is granted a Read More