Buy Low, Sell High

Here’s an inter­est­ing wrin­kle on the bank bailouts.

Patriotic Purchases

On Craigslist, in the for sale / wanted / musi­cal instru­ments sec­tion, some­one posts the fol­low­ing plea: Do not buy any­thing being made in China… Do not buy any equip­ment made in for­eign coun­tries. Sup­port the coun­try and only buy amer­i­can. All of those amps made over­seas are crap. Save your money and buy either american […]

Still Life in Cleveland

A good friend who lives in Cleve­land sent me this link [1] to a recent New York Times photo essay on the eco­nomic real­i­ties in Michi­gan. I’ve received his per­mis­sion to print his thought­ful email to me in its entirety: Almost any photo frame from Michi­gan can be found here in Ohio. For many today there […]

On Cynicism and Truth

I received the fol­low­ing in a chain email let­ter today which got me think­ing: Sub­ject: Eco­nomic Stim­u­lus Pay­ment… Below is some help­ful advice on how to best help the US econ­omy by spend­ing your stim­u­lus check wisely: If you spend that money at Wal-Mart, all the money will go to China. If you spend it on […]

Request for Proposal

Upon read­ing about today’s new $34 bil­lion bailout plea by the Big 3 US auto mak­ers, com­plete with “pay-us-or-have-a-Great-Depression” scare tac­tics, I felt com­pelled to send the fol­low­ing let­ter to my state rep­re­sen­ta­tives and the Obama tran­si­tion team: The poten­tial bailout of the Big 3 US automak­ers raises an inter­est­ing ques­tion. What would small, emerg­ing automakers […]

Re-Invention

What a strange and won­der­ful time we live in. Even as stocks crash through 8,000 and we con­tem­plate a return to the 1930s, I see mount­ing rays of hope for the near future. In 2008, we are wit­ness­ing the col­lapse of great pil­lars that have defined our world for three gen­er­a­tions since the end of […]

Why Conservatism is Bad for Capitalism

Cap­i­tal­ists are (gasp) Lib­er­als! Con­ser­v­a­tives like to bash us progessive-minded folks, while claim­ing the man­tle of patri­o­tism for them­selves. What’s good for con­ser­v­a­tives is good for Amer­ica, they say. Not so fast. A quick real­ity check within any main­stream busi­ness text will sug­gest oth­er­wise. Well-known CNN Busi­ness News com­men­ta­tor Paula Nel­son says, “Going into business […]