Bush Should Have Invaded Wall Street Instead of Iraq
We, as a nation, are still trying to find out who is to blame for the credit crisis and the loss of faith in the U.S. financial markets. Previously, I have pointed the finger directly at the U.S....
View ArticleWhy the present U.S. Bailout will not work
“The money that’s made from manufacturing stuff is a pittance in comparison to the amount of money made from shuffling money around. Forty-four percent of all corporate profits in the U.S. come from...
View ArticleWe Need Board of Director Seats as a Requirement for Bailout Funds
The U.S. auto manufacturers are in dire straits and are asking the U.S. taxpayer to bail them out of their current problems. The Republican members of Congress have decided that any bailout of the...
View ArticleLoss of Confidence in Financial Markets Revisited
I thought it might be beneficial to revisit a first quarter of 2008 posting and podcast as a start to the New Year. It seems the actions that created the previous two bubbles, dot.com and housing, may...
View ArticleThe Financial Regulation Bill – no complete mandate to regulate:
I was reading a major newspaper summary of the recently released Dodd-Frank Financial Regulation Bill. I was particularly impressed with the summary’s statement that the Bill mandates an improvement in...
View ArticleWhy are employment quotas in the Dodd-Frank Financial Regulation Bill?
Section 342, entitled “Office of Minority and Women Inclusion,” of the Dodd-Frank Financial Regulation Bill requires the establishment of an “Office of Minority and Women Inclusion” which is designed...
View Article2011 will be another rocky year
It is no secret that tax revenue for cities, counties and states has been decreasing rapidly since 2008. These governmental entities have been able to stay afloat because of stimulus money from the...
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