November 16, 2008 WE’RE ALL IN THIS TOGETHER – THE WORLD IS A GLOBAL VILLAGE WHEN IT COMES TO FINANCE, BANKING, LINKED ECONOMIES, TRADE, MARKETS --AND SHARED FATES – WELCOME TO WASHINGTON, Y’ALL!
Very impressive -- over the weekend the governmental leaders of the world’s largest economies gathered in Washington to exchange ideas and lay the groundwork for greater cooperation in solving the multiple financial crises their...
November 14, 2008 WHO WERE THE PROGRESSIVES – WHAT CAUSES DID THEY ADVOCATE? AND, ABOUT THEIR ENDURING POSTIVE IMPACT ON THE AMERICAN WAY OF LIFE…
As we await the arrival of our new president and vice president, cabinet members, and the new members of House and Senate… During the primary campaign season at one point Senator Hillary Clinton was asked about her political...
November 13, 2008 PRESIDENT BUSH COMES TO WALL STREET TO REAFFIRM FAITH IN CAPITAL MARKETS
President George W. Bush came to Wall Street today to meet and greet Wall Street’s power crowd, and to reassure the capitalists that HE still has faith in the capitalist system. The president spoke in what was the first capitol...
November 12, 2008 NOT EASY BEING ON THE RECEIVING END OF GOVERNMENT RESCUE? AIG’S CEO IS IN THE HOT SEAT AND MEDIA, GOVERNMENT AND PUBLIC CRITICS KEEPING WATCH
Two months ago when the massive federal government’s bailout of large banks and financial service firms began, the largest flow of cash to a private company went to AIG (American International Group), the nation’s largest...
November 11, 2008 DOING IT RIGHT – EYES ON MACY’S
Are you seeing the delightful TV commercials currently being placed by Macy’s? A parade of stars from movies and television are being featured in the original settings portrayed by the actors – with scenes from such movies as...
November 10, 2008 AS WE SURVEY THE CARNAGE IN THE CAPITAL MARKETS, THE 2009 BURNING QUESTION WILL BE: WHAT REGULATIONS, AND OVERSIGHT ARE REALLY NEEDED GOING FORWARD?
The new president and his administration will have lots of issues awaiting them on “Day Two,” after the inaugural balls have ended and the partygoers have flown home. One of the biggest headaches – one that may have President...
November 07, 2008 NEXT UP FOR A RESCUE: IT’S THE US AUTO INDUSTRY… AS THE BIG THREE APPEAL FOR TAXPAYER RELIEF
The leadership of the US auto industry traveled from Motor City to Capital Hill yesterday to plead for federal government intervention in their business affairs…as the American economic situation worsened. This was an important...
November 06, 2008 REACHING BACK TO FDR FOR HISTORY’S LESSONS – WILL THEY BE APPLICABLE IN JANUARY 2009?
We heard today that President-elect Barack Obama’s advisors are scouring the records for examples of the crises events that faced President-elect Franklin Delano Roosevelt 75 years ago, when FDR took the oath of office. Some of...
November 05, 2008 HISTORY WAS MADE YESTERDAY – AND WE CAN CONTINUE
What drama we’ve been witness to, unfolding over the past year-and-a-half, when the first candidacies were announced by aspiring presidential hopefuls in both major political parties – remember Romney and Edwards and Huckabee and...
November 03, 2008 WHAT WERE THEY THINKING… AS WE NEARED THE EDGE OF THE CLIFF?
Hello again. This commentator’s voice was temporarily “semi-silenced” in early October by a minor stroke. I was in New York City at a luncheon meeting when a tiny blood clot laid me low. Happy to report I expect full...