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The Necessary Evil

In spite of appeals for civility from President Obama, acrimony continues in Washington, with prominent administration and Congressional personalities calling Republicans “terrorists” for refusing to roll over on budgets, the debt ceiling, etc. The heart...

Raising the Roof 6 – Panic

Today the Dow Jones Average dropped 500 points after dropping 800 over the past 10 days.  How is that possible?  I thought Congress and the president had saved us by raising the debt ceiling. I thought Wall Street liked certainty and Tuesday’s deal for raising...

Raising the Roof 5 – Puzzlement

Well, the Debt Ceiling debate has ended.  The deadline was August 2 and that’s when the politicians finally got around to doing something.  The “whimper-instead-of-bang” conclusion to the debate had few surprises: the debt ceiling was raised (yawn),...