Author Archive

America Needs to Stop The Lies and The Liars »

Real long term success and greatness are founded upon the principles that people do not lie, cheat, or steal. Our nation is neither succeeding nor is great at this point in time because we have allowed these vices to grow and spread throughout our society. Shame on us. Our nation does have the potential to [...]

Obama’s Conundrum »

Cut the deficit? Promote jobs? Stimulate the economy? Get re-elected? What’s a President to do? In the short term, is there any doubt that Barack is fully supportive of Ben Bernanke’s ongoing backdoor bailouts and bubbling up of the market via his quantitative easing programs? Ben made no bones about his utilizing asset inflation as [...]

How Much Do We Trust Our Banks, Media, and Government? NOT MUCH! »

If you do not trust an individual, a company, an industry, or any entity, how can you really do business with them? At the very least, how or why would you want to engage them? The simple fact is without trust, nobody really wants to engage. Why are banks, the media, and our government finding [...]

POGO: “Reports the SEC Doesn’t Want You to See” »

The Project on Government Oversight has become the financial regulatory eyes and ears for our nation. While one would think Congress might care to thoroughly investigate government agencies and hold them to account, our recent history has shown us that the Congressional oversight is severely lacking. Enter POGO. What has POGO provided us now? By [...]

Which U.S. Senator Blocked the Whistleblower Protection Enhancement Act? »

From my Sense on Cents blog: Let’s bang the drum once again to promote truth, transparency and integrity. In this rendition, let’s collectively work to expose the Congressional coward, that is the United States Senator, who blocked the Whistleblower Protection Enhancement Act. In the process, Senator “Coward” took a stand against our prized virtues while [...]

Paul Ryan (R-WI) Addresses ‘Fiscal Train Wreck’ (+ Open Thread) »

Upon further review and with a little prompting from some regular readers, I am correcting an oversight and am pleased to now induct Congressman Paul Ryan (R-WI) into the Sense on Cents Hall of Fame. He clearly deserves it. Why induct Ryan now? Well, listen for yourself as Mr. Ryan provides a healthy dose of [...]

Whom Should Darrel Issa Investigate? »

Darrell Issa, Republican Congressman from California, will be the new chair of the House Oversight and Government Reform Committee. Early indications are that he will pursue investigations of Wikileaks, Fannie Mae and Freddie Mac, perhaps the Food and Drug Administration, and the failures and ineptitude of the Financial Crisis Inquiry Commission. Is there any doubt [...]

The True Spirit of Christmas, 2010 »

Editor’s Note: The story that Larry tells below the fold will move you, and its origin is facsinating. I firmly believe the greatest gift of all is the ‘giving of oneself.’ In giving, the donor receives so much in return. The beauty and grace of seeing a smile on the recipient’s face. The warmth of [...]

Wikileaks vs Wall Street »

Will Wikileaks ‘regulate’ Wall Street in a manner that Washington never would or could? The technological revolution over the last few decades has taken us far further and far faster than many ever would have believed. Just think of your daily regimen and the number of times you utilize technology and equipment that were mere [...]

Gaining the Edge »

What competitive individual worth his salt does not want to ‘gain the edge’? Have you ever come across successful individuals–success being a very relative term–who did not want to ‘gain an edge’ and then widen the gap with the competition? I haven’t. I had fully intended on writing this morning about the ongoing developments in [...]

A ‘Graphic’ View of the U.S. Credit Collapse »

Editor’s Note: Reprinted from Larry’s blog, Sense on Cents. If a picture paints a thousand words, then the graphs I am highlighting today would encompass many volumes. I thank the regular reader of Sense on Cents who brought them to my attention. Major prop to Barry Ritholtz of The Big Picture who ran this commentary [...]

Who Really Deserves to ‘Pay’ for Bernie Madoff’s Fraud? »

NOTE: In a following article, I discuss the suicide of Bernie Madoff’s son: “Mark Madoff’s Suicide.” Bernie Madoff is back. While news of deficits, tax packages, currency devaluation, and the like capture the business headlines, is there any doubt that far more people in our nation are interested and intrigued by what is going on [...]

Will Ireland Deliver a ‘Bomb’shell on December 7th? »

Ed. Note: Reprinted from Sense on Cents blog. A day which will live in infamy. The course of world events changed forever that day. Although there is no meaningful comparison between the loss of life and any amount of turmoil in the markets and global economy, we should be fully aware that December 7, 2010 [...]

“Retire Barney”; Sense on Cents Endorses Sean Bielat »

The Wall Street-Washington incest MUST end. This coming Tuesday, America has a chance to ring that bell, expose that incest, cleanse the system, and deliver the message loud and clear. The peal of that bell must emanate from the 4th District in the state of Massachusetts. You do not need to read Sense on Cents [...]

Ben Davies: Ex Scientia Pecuniae Libertas/Out of Knowledge of Money Comes Freedom »

I thoroughly appreciate those involved in the markets who also have an equal appreciation for history, languages, literature, and the arts and sciences. Rare is the individual who is able to intertwine their passions and fluent enough to share them with others. I thank a loyal reader of Sense on Cents who brings us just [...]