by Greg Scandlen March 26, 2010 It’s ugly weather in Washington, DC today – but last weekend, when Capitol Hill staffers were locked indoors in the final rush to vote on the Senate version of health care reform, it was the most beautiful weekend of the year. Outside, people ran and played with their dogs…
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An Easily Understandable Explanation of Derivative Markets
Heidi is the proprietor of a bar in Detroit. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with new marketing plan that allows her customers to drink now, but pay later. She keeps track…
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Government Circus
The Queen’s Jet This is QUEEN PELOSI’S NEW JET!!! And the Democrats talk about Sarah’s dresses??? Queen Pelosi wasn’t happy with the small USAF C-20B jet, Gulfstream III, that comes with the Speaker’s job …. OH NO! Queen Pelosi was aggravated that this little jet had to stop to refuel, so she ordered a Big…
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Steve’s Say…
Right Wing Political Curtain? Who Needs It? My partner in “Reality News,” Bob Jewell, handed me an opinion article from the March 13th “The Daily News,” a publication based in West Bend, Wis. He prefaced his gift by saying, “Here’s someone that needs to meet you.” And guess what. He was right. So I read…
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The Mortgage Crisis
A Small Town Banker’s Perspective A Small Town Banker’s Perspective by Jerry O’Connor, President The National Bank of Waupun January 2010 Editor’s Note: This article is the second in a three-part series about the current mortgage crisis in America. CHANGE IN MORTGAGE LOAN DELIVERY SYSTEMS: Numerous regulatory changes in the banking industry brought about by…
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Climate Change at the Crossroads
South Africa Building Mega Coal-Fired Power Plant by Will Alexander South Africa’s application to the World Bank for a substantial loan of $3.75 billion for the completion of its large coal-fired Medupi power station could have serious consequences for the whole climate change issue. The situation has changed from years of endless discussions, to the…