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Discretionary Failure

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was enacted to prevent another financial crisis, but it misdiagnosed the crisis and enacted the wrong remedies.  People are now waking up to the fact that the bill does not do what its supporters...

Whose Property is It?

Somewhere in the debate on inheritance or death taxes lies the core of the difference in the two parties. The difference is not in which party favors the rich over the common man, which party feels entitled to privilege at taxpayers’ expense or which party  succumbs...

Lost With the Wrong Map

If you have the cue ball and just one other ball on the pool table lined up for shot in the corner pocket, AND you are a reasonable competent pool player then you can determine with some degree of accuracy and consistency that you will have a high degree of...

Understanding the Meltdown

(this was published previously in the Macon Telegraph) Being in the middle of a record economic crisis presents a rare learning opportunity.  Several books are worthwhile for those seeking to understand what just happened. Too Big to Fail by Andrew Ross Sorkin details...