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From Iraq to our Pocketbooks

I can’t help but notice some chilling similarities between the Bush Administration’s approach on the financial crisis and the Iraqi War Resolution.  I literally sat awake until almost 5:00 this morning...

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Fuzzy On The Whole Good-Bad Thing?

Then allow Princeton economist and NY Times columnist Paul Krugman [on Bill Maher's show last night] to bring home the gravity of our current predicament.  “We hit the wall but good this time … there...

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Senator Shelby Says: The Truth Hurts

Never been a huge fan of the man from Alabama.  But he had some great words of wisdom at today’s Bailout of the Century hearing: “I understand the situation is dire.  But so is the condition of the...

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Bailout Boondoggle

The bailout will be yet another crime foisted on the American taxpayer.  All the reward from the “up” has been consumed – burned away like the vapor it was – and now the risk, the cost of the “down”...

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Fixed Income Panic

Cozy weekend reading. Seeking Alpha: Corporate Bond Market Grinding to a Halt “The market in my opinion is on the verge of ceasing to function… it is nearing the time when my next post will be an...

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