" let me assert my firm belief that the only thing we have to fear is fear itself nameless unreasoning unjustified terror which paralyzes needed efforts to convert retreat into advance " President Franklin D Roosevelt in his first inaugural address 1933 If LTCM Enron and now the…
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The foundation for our next financial crisis is being laid right now. The question isn’t whether we will have another, but when. The biggest clue can be found on websites where you can search for mortgages to purchase or refinance a house. On my last visit to bankrate.com, for instance, a person…
ReadWhen I was a kid Tom Fitzgerald’s The Great Brain was one of my favourite book series The main character was a boy genius growing up in Utah during the late 1800s He could solve nearly any problem He once strategized how to find two boys lost in a cave network another time he taught a…
ReadPresidential candidate Barack Obama speaks with a broad brush He explains the current crisis with typical overgeneralization It is he says the result of “eight years of failed Republican policies ” Republicans take the opposite tack They follow a narrow trail from the Community Reinvestment…
ReadSunday, February 14, 1999 Sitting in his room at the Adolphus Hotel, David Reynolds doesn't look like a man who once sold two pizzas for $8,000. Then again, I'm not sure what such a person would look like. "It was the right price at that moment," he explained. "It was a good cause and neither…
ReadNEW YORK Trundling a suitcase and a computer bag in piercing cold I head into an office building on 55th Street I am immediately stopped by an array of security turnstiles and watchful guards One calls to confirm that I am actually scheduled to visit a particular person in a particular office…
Read"What really startles me is that so few people realize how close we are to being out of energy capacity We seem to have two camps those who think we can never run out because there will always be more and those who think it doesn't really matter because energy is old economy In fact we may…
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Last week, Jair Bolsonaro was stabbed at a campaign rally. He’s running for president of Brazil. Many call him “the Brazilan Trump.” He’s known for his racist, sexist and homophobic comments. But he might follow Trump’s success. After he recovers from surgery, he’s expected to win the election. …
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In April, U.S. President Trump tossed a couple of punches at Chinese President, Xi Jinping. Trump’s left hook was an import tariff on steel. His uppercut was a tariff on aluminum. These tariffs are like taxes aimed at China. They’ll make it tougher for Chinese companies to sell goods to the United…
ReadAt last Democrats and Republicans have something in common! Whether it is President Obama’s budget plan or the alternatives being offered by republicans both purport to reduce federal spending As you might expect the President’s budget cuts less than Republican alternatives but both are…
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