The crisis in Haiti is devastating and consumes much of the news hour these past days, and well it should. We Americans pride ourselves in doing good and valuing life and humanitarian principles. Our response in such times is an outpouring of support and service. While there are always delays and issues in organizing massive [...]
There is a lot of talk presently about excessive executive compensation. Many are deeply angry about the looting of our companies and country by a handful of nepotic plutocrats who serve on each other’s boards and award excessive compensation packages to one another, and rightly so. Executive compensation here in the States is vastly more [...]
With the National Health Care bill before congress the cost of health care has been on everyone’s minds lately. Despite outspending other nations by orders of magnitude our level of national health is nowhere near as stellar. First our spending: Current estimates put U.S. health care spending at approximately 15.2% of GDP, second only to [...]
Despite government assurances the economy continues to falter with further problems for which we have yet to feel the effects. Though the market has rallied substantively off the March lows, most believe it to be a sucker’s rally and I have been using the opportunity to raise cash. I don’t buy the “green shoots” argument [...]
As the financial crisis continues placing a drag on our economy and the dollar, I’ve often wondered why we aren’t seeing more indictments of those at the helm of these corporations that have so threatened our way of life. The scope of this fiasco makes the S&L crisis look like chump change. Have we come [...]
The latest episode of Frontline: Ten Trillion and Counting aired last night and can be watched here. It highlights the stratospheric ballooning of our national deficit over the past decade, which has now reached a crescendo in the orgy of bailout funding in which Wall Street is currently awash.
