youngolf

The British Pound Takes a Pounding, but Will It Win the Race to the Bottom?

wonder what we should invest in now, then?

Largest Gold Reserves by Country

well, hey, why would we for a second, actually doubt anyone or any organization in the investment world??????

The Great Shift: China Rising, U.S. Falling

Super great comments above. The USA has to have a resurgence in small business and entrepeneurship to survive, to defuse this 'too big to fail' environment we are in. Small business/sole proprietorship can only flourish when one does not have the issue of how to 'health insure' themselves and family, and eliminate the risk of losing everything to illness. Health care reform is necessary. The current system causes talent to migrate to the large employer with the great benefits. This has to stop.

Outlandish CEO Pay: How to Fix the Problem

yes, when they are allowed to pick their own board members, what do we expect? honesty, integrity?? LOL

Stay Away from AIG - Barron's

when or if we can ever return the stock market to 'investing' rather than its current state of 'casino gambling' for short term wins by traders, we might begin to progress. doubt this will ever happen again though. too bad. this country is in trouble in a lot of ways.

A Conversation with David Swensen

Good man - Swensen. Wish we had more of him versus the common place swine in the business now, who've made a mockery of the word 'fiduciary'. It is a failure in our country's promotion of morality and religiousness that has led us down this path. People need a discipline to keep them themselves in check, otherwise they run like swine....like we just have.

AT&T: The iPhone's Achilles' Heel

in the last 6 months, i have had issues with walmart selling coffee that was 'sell before April 2008', glad bags who's ties kept tearing when you tried to tie them, coffee creamer that splattered and leaked when you tried to shake it up, customer service robotrons who can only say what is on their 'script' and act almost inhuman, a gas company that takes 3 months to 'refund a deposit'......and on and on. and most lately a publix that let the shelves run empty during a 'changeover to a new system'......it is so ridiculous what the finance and IT brilliance is doing...all in the 'name of becoming more efficient and measureable'...what a sad joke.

AT&T: The iPhone's Achilles' Heel

corporate America is by and large running themselves over the cliff....they are predominantly run by "financial ceo's' who team up with IT executives......and therein lies the problem. the nerdy, excel driven, financial report, metric measurements are deluded into thinking all business effort should be run by their brilliance. and so the spirit that use to be in the worker is drained out, and service that use to be good and common sense is being replace by technology and metrics.....it is getting worse by the day. bring back the ceo's who rise up from sales, customer service, operations....those areas where people use to know how to treat other people. the financial and IT 'experts' don't have a clue -they need to be put in the back room where they use to be.

Why GM Is Ready for a Rebound

'New' GM, needs to make high quality vehicles that last and endure...it is so simple, and yet so seemingly difficult for them to get - for corporations (as they grow, they become more strategic, more metric, more gummed up with VPs and Exec Assts, and inventing new words to impress us with....like they know something new?).

To have to bring back a 77 yr old grandpa to jumpstart?? How sad a commentary is that, about our 'new, metric driven managers of today'???

Something Stinks At the Insurance Corral

response to paulg828,,,,please just ask questions and don't attempt to insult.....lets keep the dialogue intelligent. If you'd like to present some thoughts I'd be happy to respond.

Something Stinks At the Insurance Corral

someday, maybe when we collapse, someone will realize that with all the trillions the insurers have stashed, and the admin costs from processing claims by profit making companies, and the ancillary businesses that have evolved......that we could fund a startup for and provide care for USA citizens and have money left over.

its time to end BCBS execs walking the hallways in armani suits, $150 pinpoint oxfords, and $175 ernesto zegilda ties.....

Something Stinks At the Insurance Corral

Even BCBS in my state is laying off 150. Trust me, when BCBS lays off, it is bad. They typically have multi-hundreds of billions in that old quote-unquote 'claim reserves' account - that is never used to offset any underwriting loss from the year, thats right, the ins dept allows them to keep that money 'separate'...and of course they can always find an actuary to state they need that amount of funds 'to assure there is monies to cover the risks of all the members they insure'....and they continue to gain 'earnings' on those reserves, that are also protected from being used to offset underwriting losses each year.........so, this is typical absurdity and greed that is ruining this country, sucking money out of productive uses and 'stashing it' to enrich the insurers. It is sad indeed - for the little guy.

The Leading Cause of Personal Bankruptcy

I worked in our health ins system for 20 years. It is a system gone mad. And with $17 trillion floating around? Don't you think it is floating into a lot of pockets of powerful entities that will do anything to stop change? If not, you are very naieve.

Imagine being 68, with no medicare program. What would our wonderful private for profit insurers, who are just trying to help us meet the challenges...do then?

Someone in power has to rise above it all and force change. There is a ton of money against it, but we need it for all citizens, and now.

Credit Card Bill of Rights: Why I'm Mildly Skeptical

The credit card industry, out of the usual greed, became poorly regulated loan sharks, nothing more.

U.S. Pension Nightmare Has Begun

All pensions, with the exception of health insurers and probably other insurers too. Check the BCBS plan's pension funding.......they have done quite well with your premiums as their funding mechanism....