I am disgusted this New Year.  Like many of us I have watched the simultaneous destruction of real estate values, corporate entity values as evidenced by stock prices, as well as disruptions in the prices of almost everything.  Fundamentally everything we knew turned out to be wrong.  The question remains were we dumb or […]

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Hmm. First let’s look at the term bailing.  I beleive that refers to a situation where a boat is sinking and you use a bucket to try and keep throwing water out to slow down the process of inevitably sinking until you can be rescued. 
 I think we can all agree on that.  Now the key […]

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