Fleecing Stockholders

I’ve always been interested in the moral disconnect that frequently comes when huge companies owned by numerous, faceless stockholders hire CEOs  to tend their stakes.  It’s a bit like thinking the way I did when I was a kid watching farmers bring their livestock to the Pig Palace in Omaha.  I thought they were going [...]

On the other hand … or is it Hoof?

In what is undoubtedly good news, the US Bureau of Economic Analysis (Dept. of Commerce) has announced that  REAL GDP grew by approximately 3.5% in the third quarter of 2009.  That is up from the second quarter growth of .7%.  It appears that the economy may be rebounding from the so-called “Great Recession”.  However, as [...]

Banking is supposed to Boring

There really isn’t much to being a banker.  It’s boring and not too difficult.  Basically, you take in deposits and safekeep them for a saver.  You keep a portion to cover any possible withdrawals.  The rest you lend out to some one at a reasonable rate of interest.   That rate needs to cover the [...]

All Hail the Corporatist in Chief

Any one who thinks the Democratic Party or the Democratic President represent the interests of the little guy in this country can’t be reading any newspapers.  I’ve always thought that the Republican Party overly favored big business and was out to set up monopolies for all its cronies.  It’s hard to believe anyone aligning themselves [...]

Who Holds Wall Street Accountable?

If your answer included any of number regulators or congress with its oversight duties or the traditional media with its watchdog of the public duties sorta answer, that would be a wrong answer. There were so many articles today about past and present Wall Street tomfoolery that I almost forgot [...]

Revenge of the Beta Males

There’s only a few places in the real world where Beta Males get to whoop it up and extract their revenge on the Alphas that shoved them around during their model-building, star wars loving, well-spent but unhappy youths.  Those places would be on Wall Street, what passes for journalism these days, and Washington D.C..  It’s [...]

The Bear Whisperer

Bless his little heart.  He called for “common sense” rules for Wall Street.  He had sharp words of warning for those who didn’t learn the lessons from  Lehman Brothers and the global financial crisis. Isn’t that nice?   We no longer have to  “speak softly and carry a big stick”?  I guess those were different [...]

Speechification Alert

Well, it’s my turn to listen to a Obama Speech.  Those speeches usually have the same dizzying effect on me that tennis matches do.  Instead of watching balls go back and forth  rhythmically while lulling me to sleep, I get to watch the head of the President.  Teleprompter Right, 1,2,3 to Teleprompter left, 2, 3 [...]

and the Band Played On

So the so-called conservatives are having their so-called freedom event with so-called commentators and news anchors from so-called news stations.  It’s all a side show to the real problems of the country.  It’s easy to misplace anger in an environment where misinformants rule the airwaves.
So, let me show you where the real theft is happening, [...]

Zombie Regulation

Public Policy chaos is hard to miss these days.  One moment it’s which health plan will make its way through the blue dogs in the Senate and the liberals in the house.  The next moment it’s escalation of military actions in Afghanistan; probably where the original quagmire reference was developed at the dawn of time.  [...]