If you are having a hard time understanding the current financial crisis then you’re screwed - you won’t be able to catch up. For the rest of you I suggest reading this WSJ article. Here’s an excerpt:
The financial crisis that began 13 months ago has entered a new, far more serious phase.
Lingering hopes that the [...]
Lehman Brothers is going down and BofA or “the mother ship” as I’ve been calling it is buying up Merrill Lynch. In the video below Al Capone = Ben Bernanke:
So its going down hill fast. Which economic dolt running for President can fix this mess? Is it:
A. Obama the community organizer who has never run [...]
I said sometime ago that I was going to stop blogging about politics. I even went so far as to delete a bunch of previous posts. I think that might have been a mistake. I don’t think its right for me to keep my mouth closed when I feel that I have a duty as an American [...]
I am sad today as I reflect on the events of September 11, 2001. What a horrible day. I remember my wife coming into our bedroom that morning and waking me up with the news. She told me that something happened to one of the twin towers and it was on fire. I walked out [...]
