That some degree of regulatory reform is in order after the financial debacle of 2008 is incontestible. I do not know a conservative or a liberal who believes that every single part of the system is fine as is (or as was). However,...
Warning - I will amend and modify this list 16 times (or more) before November 2. But 24 hours after the completion of Primary Tuesday, I am going on record with the races I am most captivated by this fall (and the races I urge...
General elections tend to excite the masses; primary elections tend to excite the junkies. I am a junkie, so I stayed up until 1:00 in the morning following the results and hitting "refresh" on various web sites I had open. The results are basically known...
I am sitting in my hotel room late the night before two scheduled talks at the Acts 29 Network in Denver, CO. I usually blog with a specific topic in mind but a few random musings are in order this evening ...
Your Senate passed a bill today that is surpassed only by the Health Care takeover bill in its audacity and absurdity. I refer to the Financial "Reform" bill in which the entity that single-handedly built the housing bubble, single-handedly caused the credit crisis, single-handedly...
In David Wessel's delightful 2009 book, In Fed We Trust (reviewed here), he tells a story about Federal Reserve chairman having an epiphany one night with his chief staffers, grinning ear-to-ear as he revealed to them the clever title he had come up with for...
One of my favorite Proverbs is Proverbs 20:14 which says, "It's no good, it's no good, says the buyer; then off he goes and boasts about his purchase." The fact that buyers and sellers participate in gamesmanship is as old as King Solomon. ...
The new commercial General Motors is inundating the airwaves with is a piece of work, primarily because I only found out it was not a Saturday Night Live skit today. How many "takes" did it take for GM Chairman, Ed Whitacre, to say with...
Sen. Charles Schumer (D-NY) just appeared on my office TV screen courtesy of CNBC and said he wants to ban airlines from charging a fee for carry-on baggage. I am relieved to see that one man in upstate New York is able to look...
Just so we're all clear, I am not condoning questionable accounting in corporate America. In fact, I am super opposed to it. Okay? But I do want to make something very clear - Enron, Worldcom, Lehman Brothers, and Bernie Madoff combined have...
