by Henry Oliner | Jan 31, 2009 | Economics, Politics
President Obama is dead on for blasting the Wall Street firms for paying big bonuses when they are asking taxpayers to bail them out. Such behavior is reprehensible. Not only is this irresponsible management it breeds contempt for our entire economic systems and thus...
by Henry Oliner | Jan 31, 2009 | Social
I just finished Outliers by Malcolm Gladwell. He has a knack for insights and thinking that most of us miss. The premise is that success is less a matter of IQ and talent and more a matter of culture, opportunity and hard work.The Chinese advantage in math is more a...
by Henry Oliner | Jan 31, 2009 | Economics, Politics
Here is how I am seeing the financial markets.The government is wildly stimulating the economic with fiscal and monetary stimulations. There is a huge amount of cash on the sidelines restrained by fear. Everyone is cutting inventories and production is feeling the...
by Henry Oliner | Jan 30, 2009 | Politics
“Crisis is the rallying cry of the tyrant”- James Madison“Never let a serious crisis go to waste. What I mean by that is it’s an opportunity to do things you couldn’t do before.” Obama White House Chief of Staff Rahm Emmanuel.“We won the election. We wrote the bill.”...
by Henry Oliner | Jan 30, 2009 | Economics, Politics
The Hunt brothers had made a fortune in the oil business, but in the 1970’s they tried to corner the market in silver and ran the price up to $50 an ounce. The bubble burst and the metal fell to a few dollars an ounce and never recovered to the bubble highs. Even...
