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The Shakedown

I don’t know what else to call it.  Last week’s “settlement” with the five biggest banks in the country, where the Obama Administration squeezed $25 billion to settle “claims” of “inappropriate” lending practices that...
Warren Buffett’s Taxes

Warren Buffett’s Taxes

For some strange reason, probably because this is an election year, I decided to watch President Obama’s State of the Union address tonight.  I usually avoid watching because I don’t need to elevate my blood pressure beyond what’s safe, given my...

Connecting the Dots

Yesterday the Labor Department released the employment statistics for October.  I prefer to refer to is as “employment” rather than “unemployment”.  While it may seem to be nothing more than semantics, it is more positive. The good news is that...
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