Back in the day when I was a very young NYU student, I took a few Art History classes and discovered M.C. Escher, famous for his drawings of optical illusions. The drawing above was one of my favorites. Notice how …
With all of the useless things the government has spent our money on, the one that tops the list is the time our treasury officials are spending preparing for a debt default. I have a quick solution that might prevent …
While the debt ceiling issue is ticking away, the guys inhabiting Capitol Hill are playing chicken with our future. This political game of cockfighting should be outlawed just like the real thing. One big difference between us and other countries …
The stock market continued its bull charge this week trampling some of the big hedge funds and anyone crazy enough to be short based on economic fundamentals. Even with an anemic job growth number reported last Friday morning, the market …
The big news this week was the Greeks (for now) agreed to austerity measures in order to get bailout loans, saving the country from default and keeping it in the European Union. Also helping to cap off a rare 5% …
To the surprise of many and under the influence of bad economic reports, 28 countries led the US to agree to release oil from their rainy day (strategic reserves) stash of crude oil to ease the economic suffering around the …
The markets teetered and then stabiized as Germany finally coughed up a few bucks (with a little help from France) to keep Greec part of the EU. Another too big to fail scenario as many European and US banks are …
While the Media and Capitol Hill hyper-focused on Weiner's wiener, the stock market continued to falter at an accelerated rate. With QE2 coming to it end and the economy stalling, the stock market has fallen for 6 weeks straight. Adding …
Consumer Confidence rose in May as the US consumer said "never mind" about the housing mess. Last month's cheaper gas prices left many feeling better about driving from their foreclosed homes to the mall.
By the week's end, the market …
Please excuse the delay in getting our weekly commentary to you but I was in a bit of a quandary. Spend my last day on earth writing commentary to potentially non-existent readers or spend my last day on earth at …