Happy New Year to all of you that are regular readers of this blog and to those of you who might be coming to it the first time.  May 2008 be a happy year for everyone.  I can promise that it will be another year of upheaval and change, probably exceeding 2007 in that regard.  I will submit to you my annual predictions, both general and specific, for the year within the next two weeks.  Right now I would like to take a quick look at several late in the year developments of 2007 that provide indication as to where …

The Bush Administration has always made me think of George Orwell and his novel “1984” from the point of view of language.  While all politicians and all administrations I can remember have been somewhat loose with language and the truth, the current administration has realized the vision of Orwell in that language means nothing and is to be used to manipulate the citizens of the country.

What makes me think of this once again?  The Bush EPA blocking California and 16 other states from enforcing states laws to protect the environment and their citizens. EPA stands for Environmental Protection Agency, yet …

Thinking a lot about the future as I do, I keep coming back to the fact that there are five or six fundamental and critical issues that face America in this still new century. The degree to which we begin to face these key issues and to start to do so right now will determine whether our greatness as a nation will continue and build upon our magnificent history. 

Will America continue to be the great nation we still think it is?  As a nation will we be able to adjust to the rapidly changing realities of the world?  As we …

It feels like we are moving through a watershed moment in both the U.S. and global financial markets. When the mortgage securities market collapses as though it was the tulip bulb market centuries ago in Holland it is truly time to take pause and look at what has been allowed to occur.  Mortgages, secured by real estate, have long been considered as a secure type of investment, unlike say junk bonds.  Now the marketplace is saying that they cannot value them so no one is either buying them or allowing them to be used as loan collateral.  Wow!

In the new …