From the category archives:

Budget

CBO too Optimistic?

January 31, 2010

The Congressional Budget Office does a decent job of making projections on the budget…usually. What usually throws this organization off is the government ends up spending more than projected. This time I think CBO is too optimistic in its projections, and it isn’t just based on the inevitable spending overruns by our elected “leaders.” Above [...]

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Is America’s Debt Manageable?

January 27, 2010

An interesting article by James Kostohryz over at Minyanville.com about a McKinsey report that shows America’s debt problem is very manageable. This view coincides with the author’s personal view. Kistohryz points to a few factors to base his belief. My comments follow his: 1. US public debt levels are quite moderate compared to other developed [...]

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Unemployed Wall Street Hot Shots

June 3, 2009

Interesting article about some Wall Street employees who have hit hard times due to this downturn. I feel really bad for anyone who loses a job. I lost a job once when my wife was six months pregnant with our first child. It was a scary time. But, in hindsight, it forced me to move [...]

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Government Credit Card Reform Will Hurt Responsible Customers

May 19, 2009

I am all for the credit card companies having to disclose their fees in an easy to read manner. I think full transparency is essential, and I believe they don’t do that now. Their contracts are harder to read than Beowulf. But, the government is overstepping its bounds by mandating capped rates and disallowing card [...]

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