The story of the financial collapse of 2008 is well rehearsed in our national consciousness: an over-priced housing market supported risky “sub-prime” mortgages made to middle- and upper-middle class folks who overreached, borrowing more than they should have, and those […]
Your Government Hard at Work?
A dangerous game of political chicken is being played in our country with the debt ceiling, and it stands the chance of bringing the further downfall of the American Empire. I wouldn’t say that this “crisis” of the debt ceiling […]
Is The Car Industry in for a Double Dip?
The aftereffects of the earthquake and tsunami in Japan are still a major cause for concern as the auto industry tries to pull itself up from recession, but that isn’t the only thing that is giving industry experts pause these […]
The New Obama
Flag-waving rhetoric arrives at the mid-point in his first term. Is it too late? One of the criticism often voiced of Barack Obama is that he is not proud of his own country. That conclusion, reached primarily (though not exclusively) […]
Airport Security Welcomes YOU
Airport Security Welcomes YOU!
Now that the holidays proper have begun, a little comment on airport security. A Man Called Da-da has schlepped through airports all around the world, so he has a good handle on that rarest of animals, PE…
My Kids and the Coming Economic World
A large part of my paternal job is to keep tabs on the world and how it affects my family. What’s happening and what must I do to adapt? More importantly, how do I help prepare my children for the […]
American Manufacturing Lives
Tour of Toyota’s plant proves manufacturing survived the recession. PRINCETON, Ind. – Manufacturing survived the Great Recession. It’s easy to think this once-proud sector of the American economy died during the recent economic downturn. But it’s alive and well in […]
Fiat: A Currency and a Car
Fiat Currency. Global Reserve Currency. Gold Standard. You might have heard terms like this, but what exactly do they mean? How is what’s happening in Greece related to what’s happening here and why should I care? We’re going to use […]
[A DOSE OF COMMON SENSE] Inherent Instability
There was a big drop on Wall Street last week. You probably heard about it. It seems that our stock market, the Dow, the heart and soul of our nation’s market economy, dropped nearly 1,000 points in one afternoon before […]
The Whats, Whys, and Effects of the Federal Student Loan Program Change
Many were surprised – me included – to find that the recently passed Health Care Reform Bill also contained legislation that made significant changes to the Federal Student Loan Program. And the healthcare uproar has carried over to the college […]
Reviving Common Sense
“These are the times that try men’s souls.” These simple words by Founding Father Thomas Paine were read to the Continental army in the opening months of the American Revolution shortly before the Battle of Trenton in December of 1776. […]
Talking to Your Kids About Haiti
Talking to children about tragedy is a job most parents would love to avoid. If only our children did not need to hear about things like this week’s devastating earthquake in Haiti. But they do hear. And they are full […]
Will 2010 Be a Better Year to Buy a Car?
One thing auto industry veterans will tell you is they never saw a year like 2009 … and they never want to see another one like it. The year included the seemingly unthinkable: bankruptcy for General Motors. And as an […]
Why You Should Worry About the Future of Healthcare
Turn on the news and watch about 5 minutes. Chances are that unless you tuned in to the local sports roundup, that you heard at least one story about health. Even if you were listening to the local sports roundup, […]