Banking

Time to Finally Finish Off The Banks? New Treasury Idea Gives Hope to Haitian-Style Takeover Of America

February 28, 2010
By John
Time to Finally Finish Off The Banks? New Treasury Idea Gives Hope to Haitian-Style Takeover Of America

Administration Proposes Ban on Foreclosures In what could prove to be most destructive proposal yet floated by our friends in Washington – and it’s tough to reach that level of fecklessness in a parade that includes floats submitted by ObamaCare; Cap & Trade; Stimulus I, II and III; Sotomayor; Bond holder rip-offs at GM...
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Posted in Banking, Economics, Politics, Uncategorized | 1 Comment »

Is the Iron Chef in Chief Fast Tracking Another Financial Crisis?

January 24, 2010
By John
Is the Iron Chef in Chief Fast Tracking Another Financial Crisis?

Cloudy with a Chance of Meatheads? This week, a panicked American political leadership took important steps toward pushing our financial system off a cliff.    The election loss on Tuesday triggered a round-robin of recriminations, accusations and repositioning by elected politicians around the country.  And on Wednesday the President joined the chorus of confusion with a...
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Posted in Banking, Politics, Uncategorized | 1 Comment »

Regulate Me Before I Betray You Again!

January 15, 2010
By John

Banking is a great business.  Nobody believes me when I tell them that.  But it is a noble enterprise.  You get to hold your neighbor’s hard-earned savings in exchange for a small amount of interest, you can lend those savings to worthy borrowers and generate a reasonable rate of interest in return, and you...
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Posted in Banking, Economics, Politics | 1 Comment »

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