For a three year old, my son is something of a computer expert. He has been playing educational games on his favorite websites for well over a year, and he has developed a pretty sound understanding of basic web navigation. His biggest problem is the fact that he can’t read, so he has to depend [...]
Since the bailout hearings began, GM has claimed that Chapter 11 was not an option and that they had no Plan B. If they don’t file for Chapter 7 today, the whole process was nothing but a high stakes game of chicken.
The defining characteristic of introversion is the fact that we draw our energy from within. Extended contact with other people, even our own families, leaves us feeling physically and emotionally drained. We require regular periods of time alone to recharge our internal batteries. Finding that private time can be especially difficult during the holiday season.
While [...]
In my view of the world, religion should be a deeply personal and intensely private matter. The relationship between an individual and the god of their choosing is simply none of my business. Likewise, the fact that I do not believe shouldn’t offend those of you who do. The wonderful thing about this country is [...]
Negotiators in the House and Senate worked through the weekend to cobble together a temporary bailout plan that would tide the embattled Detroit automakers over until they are able to secure a more generous deal under the Obama administration. The plan would provide $15 billion in loans to keep the companies afloat through March. It [...]
It’s hard to believe, but in a few short weeks I will mark the one year anniversary of my last day as a small business owner. I did hang around for a few months to help the new owners through the transition period, but I’ve basically been unemployed for all of 2008. Luckily my wife [...]
The heads of the Big 3 automakers are heading back to Washington this week for another round of congressional hearings on a proposed bailout package. There is little question that the Democrats in the House and Senate will eventually pass a relief package, but what remains in doubt is where the money will come from. [...]
If the federal government had not approved the endless series of mergers and acquisitions that allowed them to become so large in the first place, we wouldn’t be bailing out giant financial institutions that are now considered too big to fail.
As the Obama administration prepares to take office, Democrats on Capital Hill are scrambling to piece together a so-called economic stimulus package with a price tag that could top $700 billion. The centerpiece of this package would be a massive New Deal style program of public infrastructure spending. The fact that this same type of [...]
By some estimates, the federal government has already committed more than $7 Trillion in loans, asset purchases and guarantees in an attempt to bring an end to the global credit freeze. In spite of this unprecedented spending, there has been no measurable improvement in the state of our economy. The fact that Timothy Geithner was [...]