government

If the bailout doesn't happen, I will probably lose money. However, I am still not in favor of the proposed bailout. Why? Because I would rather lose money over the next 3 or 4 years in order to keep my country strong over the next 10 to 50. The last time we heard this much talk about the bad things that would happen if we did nothing, we went to war in Iraq. It now seems that the "bad stuff" that was suppose to happen if we didn't go to war was overrated and based on faulty information. My guess is that this is happening again. It seems to me that the long term damage from a bailout is likely to be worse than the shorter term damage (if any) of not passing the bailout. But what do … [Read more...] about Thoughts on the Bailout

Recently the state of Michigan made a big bet. The government decided that they could spend money more efficiently than businesses could, so they raised business taxes. I don't understand the logic making it harder for businesses when a good percentage of your work force is looking for jobs. The result is that businesses are moving out of Michigan. This along with a number of companies simply shutting down is putting a strain on the economy. The thought of "if we only had more money we could fix our problems" is prevalent in government, business and personal life. If your focus is on getting more money you will often overlook solutions that actually solve the problem. Worse still, … [Read more...] about Michigan’s Big Bet