Credit Card Rates are too Damn High!

The “rent is too damn high” and so are credit card rates. Traditionally the source of credit for new and small businesses, credit card rates are much too high. 10-year Treasuries at 2% and credit card rates still 12% to 25%…

To Avoid Becoming Great Britain

Young people for a variety of reasons are rioting in England.  As usual, both the Left and the Right are wrong as to why. To avoid the same problems in the US, we need a public works/service program. In a…

Why Punish the Savers ?

These artificially low interest rates do not make any sense.  And, they have not and will not work.  The rating agencies are involved (as usual).  Something is going on. Big govt, big corp, and the rating agencies.  What are they…

Always the Unintended Consequences

Maybe I’m saving a few bucks on my home equity line, but I’m giving it back many times over in higher food and gas prices.  The Obama, big govt policies are actually HURTING the little guy. The govt might not…

The Big Corps Win Again

On Fox News, Rangle appears to be saying he favors confiscating the huge cash balances and profits if Corp America (and the rich) do not start hiring. This appears to be another sore spot.  The first was the “dot bomb”…