Comment from Nate answered

Happy Friday! I hope that this message finds each of you doing well. Thankfully, here in Santa Fe we have snow falling for the first time in awhile. Today’s post is an answer to a question asked by Nate in the comments section. Here is what Nate asked: “I...

Rah-rah, the rally

You have of course heard about the recent large rally in the financial markets? The rally feels good to me. This is because it is based on strong and positive news, rather than just “bargain basement” price taking. I also like the rise in asset prices...

21st century business

Some of you may have noticed that I am not happy with U.S. businesses. It’s not that I am opposed to making money – far from it. In fact, I think that capitalism easily does the most efficient job of allocating resources; and that is the purpose of an...

Taxing of bonuses

You are probably aware of the public furor about AIG’s numerous million dollar bonuses paid out even after the Company received public monies, yes? You are also probably aware of the fact that Congress passed legislation that would tax these bonuses up to 90%....

The Federal government’s toxic asset program

According to my reckoning this is the blog’s 100th post. Thank you for your continued interest in my little endeavor. I hope that each of you is enjoying it and hopefully getting something of use from it as well. ***** Late in the afternoon on Friday, March...