As we fall deeper into our current recession, we hear on a daily basis various reports about Wall Street and how corporate earnings are failing to meet expectations. Amazing right? Are the stock owners and corporate accountants that far removed from the society you and I are living in? A simple fact finding expedition through […]

While enjoying a night with our family recently, we engaged into a conversation relating to the existence of true patriots within the borders of our country. The debate filtered down to this topic after initially talking about the current dire state of our economy. If our country continues down the path into a modern day […]

Today, the National Bureau of Economic Research confirmed what any sensible American citizen has known for a very long time… we are in a recession. For those late to the party of realization, the last few months of increasing home foreclosures, the massive federal bailouts required to keep many key institutions above water, and the […]

Over the last few months, when we were treated with economic distress reports or bailout packages, the common denominator was the valuation term of billions. Billions of dollars here, billions of dollars there, billions upon billions of necessary dollars required to rescue our nation’s failing financial industry, our nation’s car industry, and our nation’s housing […]

Over the last month, our financial markets have been crumbling before our eyes. Stock market losses have decimated retirement accounts, bank failures have completely seized our credit markets, and our housing decline has incinerated the equity of millions of American families. The adjectives used to describe these occurrences – crumbling, decimated, seized, incinerated – pale […]

As our government continues to try and rescue our nation’s financial markets in an effort to prevent a horrific economic freefall, we hear about one of the most outrageous and heinous uses of taxpayer money yet. AIG, a company our government deemed necessary of bailing out with federal funds, received an $85 Billion loan recently […]

We want to protect our youth, our children, and our infants. We want to have a place where these young ones can be taken care when their primary caregivers cannot. While implementing these ideas of how society “should” work, we have invited some potentially negative consequences. These “Safe Havens” some states are creating have led […]

Our current economic woes have handcuffed our running political campaigns. On one hand, it has given the two candidates specific talking points to showcase their ability to deal with imminent crisis. On the other, it has completely obliterated the need to focus upon education, tax reform, social security, military, and foreign policy as debating issues. […]

To bailout or not to bailout, that is the question. We’ve been inundated over the last week with words such as bailout, meltdown, Wall Street versus Main Street, foreclosures, economic crisis, and even the most dastardly economic terms known to the financial man… recession or even, (say it with a low voice, we don’t want […]

Lately, we’ve been hearing news about executives of failing businesses receiving millions of dollars upon exiting their position. Sometimes, the exits are removals, firings, or basic business collapses leaving the company in ruins. Is it fair that an executive in charge of a company receives millions while the employees and shareholders are left with nothing? […]