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Stress tests….Is the treadmill going fast enough?….

(Banks speaking to the auditors)….. Stress…What stress…I feel fine…just give me a minute to catch my breath…get your hand off that start button or I’ll……. A lot of people seem to be breathing a sigh of relief since the release of the so called  “Stress Test Results” were released. However no one seems more relived…

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What’s worse than a house of cards?……

The answer is much easier to state than  getting  someone to understand. Here’s an example…. A house built of solid materials,  new technology, great neighborhood, energy saving technology, new paint, etc, etc.  What  could possibly be wrong?…..How about a  weak foundation….. or improperly mixed concrete……..shoddy foundation work…etc, etc. Most people (and even worse a lot…

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The problem is not with the pendulum.

You keep hearing this explanation and that explanation for the trouble with the economy. One says “blame this”…another says “blame that”….all seem to be missing the bigger point.  Let me state right here, right now…”There is ..NO…I repeat NO….single reason for the current economic crisis. The situation was caused by a multitude of problems that…