George Soros recently announced the closing of his hedge-fund and his plans now to focus on running his own family office. A public philanthropist, Soros has donated over $8 billion within the last 30 years, a significant portion to the nonprofit MoveOn.org. MoveOn.org is funded solely by individuals and is recognized for its support of … Continued
The July 21, 2011 issue of the Wall Street Journal carried an article about Canada titled “How Spending Cuts – Not Higher Taxes – Saved Canada.” The discussion focused on the problems Canada was confronting in the mid 1990’s and how those problems were solved by the Liberal Party taking a decidedly un-liberal tack – … Continued
Amidst the lingering cloud of uncertainty hanging over the US financial sector over just who, or whom, or what caused the financial crisis of 2008-2009, I came across intriguing material in reviews of Gretchen Morgenson’s new book, Reckless Endangerment: How Outsized Ambition, Greed and Corruption Led to Economic Armageddon. Morgenson is a well respected and … Continued
A Wall Street Journal article dated July 2, 2011, titled “Did Someone Say Tech Bubble?”, indicated that entrepreneurial idea flow continues unabated in the US. Given the dour headlines dominating the newswires over Greece’s debt problems and the US’ own budget problems, it is easy to lose sight of what is going on “off of … Continued
Citizens outside of Greece, specifically the Germans, are frustrated by the notion that their taxes will be used to pay for what they view as the recklessness or laziness of others. German Chancellor Angela Merkel has been very vocal about her stance on the situation. Her position is quite simple – all stakeholders, no matter … Continued
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