Who’s money is it?

Gerald E. Scorse is a nut case.  Not quite Charlie Sheen nut case, but he isn’t too far away.  Read this Op-Ed he wrote in the LA Times. He seriously thinks that people who bother to save for their own retirement are cheating everyone else in the country out of “untold billions in future Treasury […]

Is the savings rate killing the economy?

I saw this article today on CNN and had to save the link so I could comment on it tonight when I had time.  The headline reads Why saving is killing the economy. To put it bluntly, this is one of the most inane, ignorant, and generally stupid stories I’ve read in quite some time.  […]

“Fraidy Cat” Investor

“Fraidy Cat”?  C’mon, Walter, can’t you do better than calling people names and making fun of them when they get nervous? http://money.cnn.com/2007/11/29/pf/expert/expert.moneymag/index.htm?postversion=2007112910 Since this article was posted by Walter Updegrave on November 29th, the market (as measured by the S&P 500) is down more than 7%.  That’s more that it gained during all of 2007.  But Walter says […]