It never fails. Every morning on TV if you channel surf you’ll find three things. There’s always someone hocking a gadget for the kitchen, there’s someone else talking about the new weight loss plan, and finally there’s someone telling you that wealth is just around the corner in real estate investing. This continues even today. [...]

As a young lad in college I couldn’t fathom why people ever got bonuses.  My naivety continued for a while outside of college, even when I collected bonuses while working at a bank.  People shouldn’t get rewarded for working hard.  Their base salary should be enough and if you didn’t work your hardest your arse [...]

This is a post for the non-financial types out there. I always think of people that think they are getting a good deal on an item that is on sale not realizing (or caring) that the store is still making a profit on the sale price. Every once in a while I’ll overhear someone, or [...]

Am I the only one that can’t help but think of this when people keep talking about the hurricane?  I can’t be. Seriously though, this hurricane nonsense has been extreme.  It’s the perfect example of a media frenzy during a time when there just really isn’t anything else to talk about. A hurricane is nothing [...]

Boys, everywhere you go you use a urinal to tinkle. I counted yesterday and I used a urinal twice as often as I use a toilet. And it’s only at home when I don’t have access to one. Why is that? Urinals use a lot less water than toilets, and most people don’t subscribe to [...]

After stocks stopped trading yesterday, Apple CEO Steve Jobs announced that he was leaving his post at Apple.  Says Jobs: “I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day [...]

As much crap as I or anyone give about the government, they do some fantastic reporting. As my headline suggests, I’ve got five charts from the FDIC that tell two interesting stories about banks. The first story is relevant to our current economic times, the second is just merely interesting. Let’s start with the overall [...]

In the battle to reduce health care costs, few consider the opportunities afforded by eliminating waste in the system.  Only as recently as the healthcare reform bill did the general public learn that the healthcare industry is not an efficient and well oiled machine.  It’s about as efficient and useful as a early 90s SUV [...]