14 April 2009 3 Comments

Aren’t we shooting the messenger?

It seems to me that there is some dishonesty among bankers at the moment (shocking, I know). I hear them in public interviews and televised congressional hearings talking about how they take responsibility for the crisis… how it was their fault… on and on. Then I pick up the Journal of Accountancy or CFO Magazine [...]

2 April 2009 1 Comment

Derivatives and ensuing financial crisis explained

An interesting explanation of derivatives leading to financial crisis that is floating around the internet: Heidi is the proprietor of a bar in Detroit . In order to increase sales, she decides to allow her loyal customers – most of whom are unemployed alcoholics – to drink now but pay later. She keeps track of [...]

13 March 2009 Comments Off

The Jim Cramer, Jon Stewart Feud… Really Not Funny

Wow… so this was funny for awhile. Jim Cramer and Jon Stewart firing back and forth for a week. I posted several blogs like two years ago that basically said I thought Jim Cramer was an idiot, and do often find Jon Stewart very funny but somewhat uninformed as well. But… when Jim finally came [...]

22 February 2009 Comments Off

The benefits of recession and importance of capitalization

It doesn’t seem the daily economic news can get any worse at this point… though it seems we’ve all been saying that for a couple months now. As I observe the the actions companies are taking as of late however, I really see a lot of opportunity out there. Am I crazy? Every company I [...]

25 September 2008 1 Comment

My Letter to Congress

This letter has been sent to both my Senator (Ken Salazar) and Representative (Mark Udall) in regard to the current banking crisis. Dear Representative Udall, I write you today to express my overwhelmingly strong sense that any government intervention in the current banking crisis will be a disaster in the long run for the American [...]

24 September 2008 Comments Off

Bailout… “There goes your country”

Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike. The events of the past week are no exception. The bailout package that is about [...]

22 September 2008 Comments Off

Another video, even better than last…

I think this interview was even better than the last one I posted. Please take 5 minutes and watch it. This is really important. Wow, I am really nervous about this.

21 September 2008 Comments Off

$700 billion and a voice of reason

Well I have said it to most everyone I know lately, as most of you know. And now a similar voice from who I am beginning to believe may be the one voice of true sanity in all of the 535 people who make up the key pieces of the three branches of the Federal [...]