Ever stop and try to put financial figures from the current economic crisis into perspective? Does $700 Billion really mean anything to you? How about $4.6 Trillion, which is what our government has already pledged toward the credit crisis?
Well, Barry Ritholtz has taken time to bring these large figures into perspective. Below you’ll find a [...]

Christmas Gifts
Don’t buy gift cards for gifts this Christmas. With the likes of Circuit City filing for bankruptcy and Linens ‘n Things closing, more retailers are sure to follow. Bankruptcy court judges have ruled unfavorably toward customers who have gifts cards – meaning the cards become worthless. No one knows what the [...]

With all the talk of government bailouts, universal healthcare, and wealth redistribution, along side accusations of socialism and marxism, I thought I’d do a little research into socialism and communism. The following is what I found, and thought I’d share with you.
The Principles of Communism
by Frederick Engels 1847
- Section 18 -
(i) Limitation of private property [...]

Today is Veteran’s Day and as I listen to tributes on the radio and read various news articles, I can’t help but remember my hero, my grandfather. My grandfather, on my dad’s side, was a great man, and I regret not having more time with him. He died of colon cancer the summer after I [...]

Contrary to popular belief, an election is not the end, it’s the beginning. Most people act as if the election is simply the end of campaign season. After hearing the results, they tune politics out, as if their job is done. They come back 2-4 years later and try to assess what their representatives have [...]

THE TEN CANNOTS
-Rev. William J.H. Boetcker (1916)
You cannot bring about prosperity by discouraging thrift.
You cannot strengthen the weak by weakening the strong.
You cannot help little men by tearing down big men.
You cannot lift the wage earner by pulling down the wage payer.
You cannot help the poor by destroying the rich.
You cannot establish sound security on [...]