Let me get this straight. It was a credit and debt problem that got us into financial difficulty. The credit and debt problem was built upon the foundation of the Government injunction under CORE that banks HAD to loan money to those that weren’t credit worthy because that would promote diversity of home ownership and [...]
Posts Tagged as ‘conservative’
February 3, 2009
Teamwork matters, lessons from the ancients
When you go to see a typical “sword and sandals” epic movie there will inevitably be a battle scene depicted at some point. The normal depiction is lots of individual hand to hand combat between two foes and everything is willy nilly and a confused mess. Even to the casual eye there is little if [...]
January 26, 2009
Madoff is a retread of free lunch theory
For the past month we have been inundated with news about the Madoff scandal and the implications of its reach. It is amazing to me that so many people act like this is something new and unprecedented. From the news reports it would seem that folks merely repeated the mistakes from the past. They allowed [...]
January 23, 2009
Political Potshots From the Great Unwashed
The elites over the years have often referred to the common man or public as the “great unwashed public”. Well, we may not have the sophistication of our betters but we can tell the difference between the real deal and poppycock more often than not. We get fooled sometimes for a bit but usually sooner [...]
