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4th Grader Explains How to Become Wealthy

That’s from ptMoney.

Midnight Candles

A cold wind from the future blows into my nighttime bedroom, more often than not during those midnight hours when fear dominates and hope retreats to a netherworld. This wind is a spectre, an oracle of darkness and eventual death, not easily dismissed. Once merely a whisper, its decibels intensify with the advancing years. It [...]

Innovation through Regulation

Respected publication The Economist lets loose a, to some, heretical notion:
THE most important factor that led to America’s stunning success in information technology was not the free market but government regulation.
Say what? Big, bad government regulation didn’t crush the creative impulse with stifling regulation? It was instead the most important factor [...]

Health Care Costs

The New Yorker has an excellent article on health care costs. It focuses on the Hildago county Texas area and it’s main city McAllen. This area has the second highest health care costs, as measured by health care spending, in the USA. It is second only to Miami. This is [...]

Election Spending Perspective

Tired of campaign ads? Not too happy with the (obscene?) amount of money spent on election campaigning? You have lots of company. The Center for Responsive Politics estimates this US election cycle will cost $5.3Billion. Yow!

For a point of comparison American’s spend over $6Billion on potato chips last year. So [...]

Birk Bunk

Perhaps you too have recieved this email:

The Birk Economic Recovery Plan

I’m against the $85,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving $85,000,000,000 to America in
a We Deserve It Dividend.

To make the math simple, let’s assume there are 200,000,000
bonafide U.S. Citizens 18+.

Our population [...]

Bailout Criticism

From Robert Greenwood at Salon.com comes a top ten list of what’s wrong with the bailout. Number 10 on the list:

Whenever you think that the Government has done things so extreme that it can’t top itself — torture, theories of presidential lawbreaking, a six-year war justified by blatantly false pretenses — it always tops [...]

Wall Street Discontent

Cliches: Wall Street votes Republican. Old white guys with lots of money are conservative.

There are some strains in that relationship. One money manager expresses his deep unhappiness with Republicans. Unhappiness so deep they have, for the first time, lost his vote.

I am a lifelong ( 51 years old) “rock-ribbed” conservative… [...]

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