Federal Reserve Chairman, Ben Bernanke has written a manual on preventing deflation and has been implementing the steps contained therein.  “Entitled ‘Deflation: Making Sure It Doesn’t Happen Here’, it is a warfare manual for defeating economic slumps by use of extreme monetary stimulus once interest rates have dropped to zero, and implicitly once governments have [...]

In a recent commencement speech at Harvard, Former Supreme Court Justice David Souter took the opportunity to explain the role of Judges in interpreting the U.S. Constitution, as he understands it.  One can see this speech as an explanation of a judicial point of view different than that espoused by Justices Scalia and Thomas.  They often [...]

 As much as I can see how the storyline is compelling (evil BP secretly manipulates the internet searches of millions of people), the way this story is being told is totally wrong. OK, first the story: it has been reported that “BP has bought the phrase “oil spill” on google and yahoo”. Here is a [...]

You can now text “Haiti” to 90999 if you are a Sprint user to donate $10 to the red Cross for Haiti earthquake relief.  At one time, the phone companies were getting 1,000 texts per second.  So far these and similar donations made through cell phones have raised 10 million dollars.  “The donation is charged [...]

…in the drive through line to get your Chick-fil-A and the Bentley is too big to fit around the turn and gets stuck, don’t honk; don’t get out and for goodness sakes don’t get into a fight with the driver and his two sons! “[A]bout 11 a.m. Saturday, a couple received their order from the [...]

The most accurate financial reporting that I read comes from the folks at Elliot Wave International.  In the most current “Theorist” which comes out monthly for subscribers, they are calling for the bear market to renew – perhaps not right away, but shortly.  While acknowledging that the fast run up in the markets over the [...]

Merrill’s former chief economist, David Rosenberg, had some very negative comments about the much touted “turn around” calling it the stuff of fairy tales.  Some of his comments were published on a blog, causing his former employer to work hard to remove those posts! Here is a quote from an article about that effort:
“Rosenberg’s reports [...]

The administration has been making decisions about what used to be called private businesses which are, in some quarters, coming under fire as being too invasive.  On one hand though, if the tactics seem to be working (and the market’s present rise is one justification for this viewpoint), then the objecting parties may well keep [...]

In response to one case of confirmed swine flu and the fear of more cases which are suspected but have yet to be confirmed, the Fort Worth Independent School District closed yesterday.  The closing is through at least May 8th.  That decision means 80,000 students from 144 campuses are confined to their houses; which means: [...]

Michael McBride has given many talks about the different aspects of bankruptcy over the years. Just recently, Mr. McBride spoke at a conference sponsored by the University of Houston Law Center. It was held both in Dallas and in Houston and discussed the foreclosure process and collecting deficiencies.
If you would like a [...]