My Two Cents

I haven't found much of the commentary criticizing the Bush/Paulson/Benanke engineered bailout very convincing. I don't think there is any doubt...

Remember the Bush Administration's push to partially privatize Social Security? The privatization advocates warned that insolvency loomed unless...

I got a note this morning from a certified financial planner that I really respect. It's a letter he sent out to clients. In the note,he makes an...

Last night, I was doing laundry and watching the news when Paulson, Bernanke, and the main powers of the House and Senate came out of their meeting...

In the latest of a long list of stunning events, the U.S. Treasury (or really the American taxpayer) is now guaranteeing that money market mutual...

The credit crisis is having an impact on the race for the White House. The trading gap between Obama and MCCain had narrowed on the Iowa electronic...

Do you remember the kids book, Where's Waldo? It was a fun picture book for youngsters searching for Waldo who was cleverly hidden in the crowd....

The 3 month Treasury bill yield is almost zero. It's at 0.03%. That's a stunning sign at how much capital flowed into the safest security in the...

...that a major money market mutual fund has "broken a buck"! Say what?...

George Magnus, senior economic adviser at UBS Investment Bank in London has been one of the more accurate observers of the ongoing credit crunch....