Daily Archives: October 28, 2010

Here is something people without wealth frequently miss: unlike the masses who are clamouring just to get a few dollars, those who have amassed a large chunk of their life savings already, have something to lose! There are just 10 … Continue reading →

The governor of Washington State thinks famed banking analyst Meredith Whitney is wrong. Responding to Whitney’s comment in late September that states resemble banks just before the financial crisis, Governor Christine Gregoire, a Democrat, said, “We’re in crisis mode. We … Continue reading →

Asset buying programs are the idea du jour as governments scramble to do something (“anything!”) to avert renewed weakness in the global economy. There seem to be no good choices in the near term, so governments are reaching for cosmetic … Continue reading →