Archive for November, 2009

Trampling on America’s soul

November 10, 2009

There is nothing more close to one’s personal interest as their health and the ability to manage health issues, which for many includes insurance coverage. All the polls I have seen indicate the majority Americans do not want higher costs, increased taxation, fewer options, and government interference between patients and their doctors. But the [...]

The dollar crisis

November 7, 2009

I recently received a newsletter from the noted economist and financial advisor, Martin D. Weiss, PhD. who made some very interesting observations, some of which I have included in this post.  Dr. Weiss notes that after the collapse of Lehman Brothers in September of 2008, it took the Federal Reserve just 112 days to double [...]

Too big to fail

November 4, 2009

Too big to fail is used to describe financial institutions that must be bailed out when they reach insolvency. One way to reduce the risk is to break up the large institutions into smaller ones, but the government seems to be merging them instead of dividing them which – in the case of banks – negates the ability of the FDIC to cover a bank run, much less insolvency, without calling on Treasury or the Fed for cash.