Archive for November, 2008
Bailout or Boondoggle
Like most of us, I have to write down the numbers in a trillion dollars to count the zeros.
($1,000,000,000,000) I think that’s enough zeros.
There are too many zeros to remember easily. It is an amount that is at the very edge of my capability to imagine. I do have experience borrowing money for [...]
The Perfect Storm
Several years ago there was a movie entitled The Perfect Storm. Fishermen searching for a profitable catch made a bunch of bad decisions seeking really big profits catching swordfish. Circumstances combined to engulf them in a storm that was of epic proportions due to the unusual collision of weather patterns. The combination of the bad [...]
Choppy Sailing Ahead
An economic slowdown presents special challenges and sometimes an opportunity for personal growth. The possibility of losing a job, foreclosure threats on your home and the constant barrage of bad news in the media can combine to threaten some of life’s more important assets.
Family, friends and self confidence can all be lost unless a total [...]
Bubble Bubble Toil and Trouble
HOW CAN WE SURVIVE?
Reading the papers and watching television these days can be depressing to even the most optimistic members of our society. If you believe the media slant put on the current financial situation 1929 would seem like a walk in the park.
Lets analyze things for a moment. Do you think that your [...]
A Hamburger Helper
Last week one of the college students that work at my son’s pizza shop said to me, “Buck, I have one more year to graduation and I have no idea what I am going to do with my life. Do you have any thoughts that will help”
I told her that I would think about it. [...]
Pay Yourself First
When I was a kid we ate together as a family almost every night of the week My mother was not that interested in cooking as a major part of her life so two or three nights a week and every Sunday we ate out .
I had no idea till well into adult life that [...]
At Last
The presidential campaign has finally ended with our nation selecting our next President. The last 21 months filled the TV and general media with what seemed like a never to end stream of invective, hateful insinuation and plain mean spirits.
This was not a new phenominon in an election. There has always been an [...]
Money-Money-Money
Almost everyone is focused on the financial crises that has swept the world markets. Many are currently wishing that the global market was not quite so global. The panic in markets around the world is a pandemic that the experts did not express as to being part of the global market that was [...]
