My Own $2.5 Trillion Stimulus: $25,000 to Each Taxpayer: Three guys hatched...
A trillion here, a trillion there. A trillion for TARP, a trillion for TALF. Throw in what’s in the “stimulus” package and you’re probably at close to $3 trillion. So why not simply distribute $25,000,...
View ArticleThree Little Words Tell You Civilization Is Collapsing
We frequently identify the shaping forces of human affairs as “isms”: communism, fascism, capitalism, mercantilism, socialism and so on. In looking over the wreckage-strewn landscape of global finance,...
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Dance to the Music of Geithner
Let me begin this week’s sermon by quoting from myself, from a piece I wrote for Forbes.com last October: “Most halfway educated people know about idiots savants, people who are dyslexic, autistic or...
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Who Will Be Left Holding The Bag?
Unless I’m mistaken, it was only seven months ago that Lehman Brothers slipped beneath the waves and others of this great republic’s signature financial institutions were poised to follow—unless...
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Yes, Virginia, There Is a Goldman Sachs
When one looks at the financial/economic mess, one cannot help but be moved and saddened by the “collateral damage,” as functionaries call innocent bystanders killed and maimed in a terrorist or...
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Of Goldman, Geithner and Grifters
Last week I turned 73. In all that time (as it seems to me), I cannot recall seeing anything in a newspaper that filled me with as much disgust and outrage as this, which appeared on the front page of...
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Friendship in the Land of Lost Content
The lengthy lead story about Lehman Brothers in the Business section of last Sunday’s Times appeared to confirm a theory I’ve been trying to put across for some time now (including to some well-known...
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The Great Geithner Giveaway, Part II
For today’s sermon, let us return to the always popular subject, Your Dollars and Mine at Work and Play. I doubt that 1 in 10,000 of We the Taxpayers (and 0 in 535 on Capitol Hill) has a grasp of what...
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Life, Liberty, and the Pursuit of the Great Giveaway
I think we have to be realistic. The people who brought us this mess, beginning with the failure of securitized loans that led to a credit crisis that has culminated in general economic conditions that...
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Panic in Detroit
Let's talk Detroit for just a minute. Forget the brouhaha the media have blown up around the head of "car czar" Steven Rattner. It doesn't bother me and shouldn't bother you. He happens to be one of...
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