Join the DOER Revolution
The $8000 first time home buyer tax credit is a mistake.  Congress should have enacted the original idea: a $15,000 tax credit.  This goes for the repeat home buyer tax credit as well.  As a matter of fact, I would like to have seen both tax credits even higher.  If you’ll maintain an open mind [...]

The #1 Obstacle to Success
What keeps us from our goals?  Whether it be work, personal, health, money; what is the number one obstacle to achieving our potential?  Assuming our goals are attractive to us and within our ability, shouldn’t we reasonable expect to achieve a majority of them?  Yet most of the people I talk to say they’re [...]

Goldman Sachs is Paid Very Well for Doing God’s Work
I guess I haven’t reached that point in my life yet when I’m so jaded (or is it cynical) that nothing will surprise me.  I say this after reading an interesting little article in the London TimesOnline.  They had the chance to interview Lloyd Blankfein, the Chairman and CEO of Goldman Sachs.  It seems he’s [...]

Deeds for Lease Program: More Bad Ideas from the Bad Idea Factory
Fannie Mae announced today it’s implementation of the Deeds for Lease Program (which name, interestingly, they have trademarked). I cannot begin to count the problems with this latest attempt by the government to sober up an alcoholic nation by supplying enough booze to drown a water hippo. You can read the press release and imagine the [...]

CIT + FED = BK
A few months back, as part of a Tin Foil Hat Production, I mentioned CIT’s desperate need for funds and the Fed’s decision not to bail them out. Why is this noteworthy? After all, I don’t believe the Fed should bail anybody out.  I cheer wildly to see Ford record surprising profits while [...]