Entries from February 2008

February 29, 2008

The Top One Percent – Patrick Arbor

I interviewed Patrick Arbor for my book, “The Top One Percent” There are some people you meet at they are just electric in their radiance. That is Patrick. I met him a few years ago at a fund raiser for Chicago Mercy Home for Boys and Girls. I can understand why he [...]

February 3, 2008

Big Bang World Record

Since I’m in the process of writing a book and need readers input, I’m putting the Big Bang World Record meme on Resource Economics blog…
Thank you
Monday Morning Power!

*Start Copy Here*
You do not have to be tagged to play along. This game is simple and so are the rules.

1. Copy from *Start Copy Here* through *End [...]

February 1, 2008

The truth about the mortgage crisis, interest rates, and it’s relationship to the tech bubble

Today’s mortgage crisis is similar to the tech bubble in 2002, except it’s worse. Back in 2002 Greenspan bailed out the techies by lowering interest rates and what happened? Home prices were inflated. Today’s crisis is a thousand times worse because banks won’t even loan to one another. The Fed [...]