Working Life

   It still seems astonishing to me that, despite the evidence that they simply can’t be trusted, the people who got us into the mess we are in–the rabid "free marketeers"–still seem to have jobs–and are being asked to continue to serve in our government and are sought after for advice. While certainly I am […]

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Yes, to begin, let’s posit that a president with the lowest approval rating in the history of polling has no credibility about any subject of importance–and, in fact, most of the country would like, as David Letterman joked, to let Barack Obama start his new job right away. But, the current president’s pronouncements that the […]

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    If you think the home value situation couldn’t get worse, think again: American homes are losing their value at the fastest rate in two decades, according to a closely watched report released on Tuesday. In the 12 months ended in February, the Case-Shiller home price index, which measures the value of single-family homes in […]

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It doesn’t astound me that people are angry and bitter. What astounds me is that somehow the goodness of most people keeps them from taking to the streets in mass rioting. To wit:    A whole bunch of very powerful and wealthy financiers create an economic disaster and who suffers? Citigroup, caught in the midst […]

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    This morning, Sen. Obama is scheduled to give a major address on the economy. Yours truly is scheduled to appear on CNBC’s "Power Lunch" (hey, I didn’t come up with the name) at 1:20 p.m. (Eastern Time). I may not have a chance to post the entire speech here before the CNBC gig but […]

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    Yesterday, I observed the bizarre proposal by Sen. Clinton to hand over fixing the economic mess we’re in to the very people who helped create the mess (well, actually, for most workers we’ve been in an economic mess for a very long time–but you’all know that). I wasn’t trying to pick on Sen. Clinton […]

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I have been waiting to hear what the presidential candidates have to say about how to address the financial crisis gripping the country, and the international markets. Very little of substance has been said, beyond vague pronouncements—until yesterday. Sen. Hillary Clinton released a plan, which, in my humble opinion, underscores why another Clinton Administration would […]

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