by Fersboo
I’m tired of everyone dumping on George Bush. I’m the first to admit that he has some serious leadership deficiencies, but he is the President and won the job fair and square twice, despite what the Libs think. As President, he deserves our respect, just like...
by Fersboo
If you’ve not read Daniel Henninger’s column in the October 2, 2008 edition of The Wall Street Journal, I encourage you to. In this column, Mr. Henninger defines the term “moral hazard”, particularly as it relates to Wall Street, Fannie Mae...
by Fersboo
Today’s Wall Street Journal contains an op/ed by Brian Wesbury, one of the more level-headed and highly respected economists in the country. His recommendation is that Congress suspend mark-to-market accounting rules, because investors refuse to put money into...
by Fersboo
At 6:00 this morning I was in the middle of my daily 15 minute workout routine, watching CNBC’s Squawk Box and trying to get a read on the markets. If you’re unfamiliar with this show, it’s hosted by Joe Kernan, Becky Quick and Carl Quintinilla. If...
by Fersboo
I have to admit, my thoughts regarding the latest financial debacles waver from one extreme to the other. My initial instinct is that the markets need to be stabilized, and anything that provides a floor for a stock market in apparent free fall is a good thing. My...
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