President Obama’s bipartisan panel he created last year to reduce the deficit has published its initial findings. The bipartisan panel has many reasonable recommendations, and some pretty wild ones. But though the bipartisan panel will run into trouble when a very partisan Congress actually looks at the numbers. Did I mention it was bipartisan? I [...]

A poem by Amanda Whitney The bravest man I know. Is a man I’ve never met. He’s a man who risks his life To save a friend, Not only to save a friend, But to save a nation. Risking his life For those he does not know. Stepping up Leaving loved ones behind, So that [...]

This post might sound like an advertisement, but I promise you it is not. It’s a genuine endorsement of a really cool website. Some of you may know about Intrade, if so just hang on for a minute. Intrade is a website that allows you to place bets on the future. Have you ever made [...]

I realized over the weekend that I have dozens of blogs and news sites set up to feed me information about economics, business, and personal finance. I follow so many blogs that I can’t really follow them all. I see the headline to the same story written in 5 different ways every day. And I’m [...]

Economists Robert Shiller and Mark Kamstra have a problem with government debt. Most companies issue equity (shares) and return part of the company’s income to the investors. They might also borrow money and return it to the lenders with interest. But the government only issues debt. Shiller and Kamstra think the government should issue equity, [...]

As I said yesterday, my wife and I are in NYC. I’ll be brief since I want to get back to enjoying the city, but I did want to share some thoughts. First of all, I think I like it more than DC. The people are nicer, and dare I say it, it’s cleaner too.Traffic [...]

So, this is going to be more personal than most of my posts. But when someone has an awful day, it makes for entertaining reading at that person’s expense. My wife and I have been planning a trip to NYC for some time. Today we were going to leave on our trip. We had booked [...]

AKA “The Leafer State” Vermont is the beautiful New England state that time forgot. You never hear anything about it. Unlike it’s neighbor New Hampshire which hogs all the glory with beach property, primary elections, and an Ivy League school. Vermont was just sitting around smoking pot in college while New Hampshire was scheming to [...]