Presidential level stumbles

What worries me about the Perry and Cain stumbles is the gravitas of the people finding their way to highest levels of politics and corporations not just in the US, but all over the world. Not surprising that we often find ourselves…

Greece Again ???

Too much of a coincidence? Negative news seems to leak near market tops and seemingly positive news near bottoms.  Are Sarkozy, Merkel, Papandreou trading this market? With this kind of pension, easy for them to stick it to Greece. And, nice work…

Revenge?

It has been reported that the Securities and Exchange Commission is considering a civil action against Standard & Poor’s for its rating of a 2007 mortgage debt offering.  

The US is not Greece ….. Yet

Let’s name a few.  You are invited to add to the list. non-recourse mortgages walk-aways Solyndra type stuff bubble-after-bubble VC community almost entirely focused on social Web 2.0 15% poverty rate probably 15%+ real unemployment outsourced contractors that do a…

Venture Capital is Part of the Problem

Money sitting in US bonds is terribly unproductive, but venture capitalists that can’t break the “dot bomb” addiction continue to make net/net unproductive investments. A few college kids (with no expenses since parents and their college provide the overhead) in the US,…