Developing Affordable Housing Ecosystems World Wide
By: David A. Smith
Proving that America has no monopoly on good ideas, the impending collapse of Greek finances is revealing, strand by strand, that whatever shenanigans and subterfuges might have been pioneered by the Enrons of this world, the sovereign nations of Europe will have perfected and taken to scale. As reported in the Wall [...]
By: David A. Smith
Shouldn’t have let us have anything valuable
Otter : Flounder, you can’t spend your whole life worrying about your mistakes! You effed up – you trusted us! Hey, make the best of it! Maybe we can help. Flounder : [crying] That’s easy for you to say!
Last week, at his company’s annual meeting, JPMorgan [...]
By: David A. Smith
Am I allowed to gloat?
Not gloating, just celebrating
Back in early December, I posted about Dubai World’s default announcement, calling it ‘a shock of the first magnitude, with consequences that will reverberate for years if not decades.’ In the days that followed the financial press was fully of it-ain’t-that-bad stories as various observers [...]
By: David A. Smith
[Continued from yesterday's Part 1.]
Yesterday, examining the New York Times‘ reporting of Ben Bernanke’s reconfirmation as Federal Reserve Chairman, we saw that the Times focused on what happened – a 70-30 final vote – rather than the mountainously glaring things that didn’t happen:
“But the Senate did nothing at the hearings.”
“That was the [...]
By: David A. Smith
It’ll go down in the box score as a line drive, baseball announcers chortle when a seeing-eye dribbler finds the hole between shortstop and third – as if claiming a base that way is somehow unmanly.
Doesn’t look unmanly to me
Yet newly reconfirmed Chairman Ben Bernanke knows, as I wonder how many [...]
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