HenriReynard.com

Or How Obama Can Handle Bunk Banks And Turgid Traders

The screaming on Wall Street is audible on Main Street. But in the Beltway it is business as usual. Not that Tiny Tim Gerthner and his boss Ebenezer Obama are not trying. But a political establishment as entrenched and deviant as the one in Washington D.C. Is slow to change. Forty days in that ideologically driven desert, where no new ideas dare bloom, would cause most Messiah's to despair.

Or How Credit Card Interest Rate Rules Help Destroy Entrepreneurs

If you happen to be one of those peculiar people who love to start businesses you have to know how to handle debt. It is not an optional skill it is a required one. Few people who live in the world of confusion and promise that  offers them a handle on their own destiny do it without going massively  in hock. Debt and equity are two sides of the coin entrepreneurs flip when they design a new business. It is usually all done with OPM, (Other People's Money).

Or how Much all of the Savings Going to the Mattresses Matters

The world is experiencing a savings glut! In the latest gospel according to Paul, Krugman, a newly minted Noble Laureate lasso's the truth with his trusty lariat. The world is experiencing a savings glut! Duh!! I know explaining all of this is complicated. That fact is exacerbated by the publics' ignorance of accounting principles, business principles and the basis of Economic theory. But good grief Paul, just give us a clear path out of here.

Or how to Make Form Follow Good Intentions in the Foreclosure Crisis

I have a bold new idea. Lets not give taxpayers money to the people who stole money from the banks in the first place. I know, we need people with a little sophistication to rewrite these bad loans. Let's just not use anyone who sold a bad loan to any of these people to fix the problem. That will not be easy. The government is already selling former Countrywide executives, under a deal called PennyMac, mortgages at 38 cents on the dollar. They then recycle them and take both consumers money and taxpayers money in the bargain.

 Or How You Can Massively Destroy Wealth and Profit Twice

Now anyone who knows me for long realizes that I am a bit of a strange creature. I believe that games ought to be played by rules that are fair to all participants. I believe the world works better when markets reward good behavior and punish those who cheat and lie to win. In short, during a long time in the entrepreneurial world of blood guts and glory I have always liked it when the good guys win.

 Or How Federal Reserve Bankers End Their Glory Days --

This is the scene after the calamity. The Roaches are still around, aren't they cute in their little coats with tails? Some tiny mammals will probably live on, Oh! There's a shrew and her whole brood of investment bankers. A few big fish and; oh yes there are a couple of former chairmen of the Fed in that listing old yacht and a few of their crony's.

Or How Federal Reserve Bankers End Their Glory Days

After working so many long years at the Federal Reserve. Preserving nothing, conserving nothing, and really, reserving nothing for later what does a former Fed Chief deserve? If you are talking about Alan Greenspan the whole world of journalism knows. They are sprinkling a little gasoline on the fire that is consuming Alan's undeserved reputation for fiscal probity and wisdom.

Or How Class Warfare Never Ended

The growing gap between rich and poor in the most prosperous nation on earth, is under attack. Now my Uncle taught me never to bring just a knife to a gunfight. He was very careful to never say anything about that to me in front of my mother. But he quietly taught me how to shoot and take care of a gun before I was ten years old. His gun catalogs and magazines were worse than porn in my mother's eyes. I loved them.

Or How We Know That Nothing Will Help Until People Change Their Minds

No doubt about it, we are in a recession heading for a depression and no one can fix it unless we all work together. I have a dire secret for you. I never listen to talk radio anymore. Even the oldie but moldy Rock station is boring. I now have to turn on classical music to get a small lift. Today they were playing the Requiem Mass. I grimaced for a moment and then I thought,”How Appropriate!

Or How the Politics of Governors Will Destroy Republican Chances in 2010

“We don't want no new filthy stinking taxes sullying our pristine reputations?” “We are so absolute about maintaining the smallest level of taxation on the wealthy in the world that we have lost all political sense?” Or maybe just, “We think most of you are just as mean spirited as we are and that benefits us politically, too bad if you're broke.”