China Worries

Posted on February 13th, 2009 by mark in Economics & Politics

Shakespeare warns us, “Neither a borrower nor a lender be”, which seems like good advice. Sadly, like a lot of other good advice, it suffers from difficulties during implementation. It seems we’ve borrowed – quite a bit.  Even those who haven’t personally borrowed or lent are still under the collective borrowing of our country. Worse [...]

Geithner’s Folly

Posted on January 26th, 2009 by mark in Economics & Politics

If he can make it through the Senate, Timothy Geithner will be our nation’s next Treasury Secretary. If you’ve forgotten exactly what a Treasury Secretary does, it’s recently become a ridiculously powerful position. Essentially, he will become the “Economy Czar.” Unfortunately, during his Senate confirmation hearing, Geithner made a monumental error in judgment. He accused [...]

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