Wars may be fought with weapons, but they are won by men. It is the spirit of the men who follow and of the man who leads that gains the victory.
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For a little while now, I’ve been going after Obama and his bunch for attacking big banks when the problem is with regional banks. He’s given them TARP, gotten most of it back, called them names, and begged for their help. All the while, smaller banks have been totally ignored while the Feds have been [...]
I read Seeking Alpha’s “Bigwigs Debate Too Big to Fail“. It discusses the opinion of several key financial players of the US economy regarding whether institutions can be “too big to fail”, and if so, what to do about them. Very excellent read. The players fall into two categories: Bust ‘em up: Alan Greenspan Simon [...]
Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]
