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Two Abbreviations that Explain the Financial Collapse
20 hours ago ago from Finance Guy
I was traveling this weekend -- back! -- and last night it occurred to me that if you want to understand why this financial crisis occurred, you can look hard at two often bandied-about abbreviations. Forget about low interest rates, regulatory lapses, securitizations, risky derivatives etc. etc. Those are reasons, but these are meta-reasons. These are the reasons that create the environment for the reasons. These abbreviations are easy to ...
Related contentThe New Math
15 hours ago ago from Success Warrior: Alan B. Rowley II - Beachbody.com, P90X, Voluntaryism, Voluntarism
$200 billion is going to be used to create jobs and pay down the $12 TRILLION debt. Mwuaahahahahahahahahaaha! And, you may find this part hard to believe, but that s all I m going to say about the latest insanity. It s not plausible enough to even discuss further. Speaking of numbers though, it s 17 freaking degrees here and it s supposed to get down to -1. Have I mentioned my aversion to cold? I m actually dealing with it ...
Related contentSelling Hope: The Ethics of Lottery Tickets
3 hours ago ago from Million Dollar Journey
I n early November Kirby and Marie Fontaine, each without the other’s knowledge, bought a Lotto Max ticket. Both in their 30s, two kids at home, living in a mobile home they were down to their last few dollars. She worked in a care home. He had to give up his position in security because of a stroke months before. Money was tight and there wasn’t enough for him to get the rehabilitation he so desperately needed. Marie beat the odds that ...
Related contentDreams : You Offend Me You Offend My Family
18 hours ago ago from You Offend Me You Offend My Family
I day dream about winning the lottery. I've been interested in the idea of a life change for one dollar. Yeah, one dollar to jump tax brackets. One dollar to be RICH! But wait a second Have you ever met anyone that one more than 5bucks off some scratch it ticket? I mean where are the real winners? It's almost like Santa, you hear a lot about them but up to you to believe if it's real or not. In the mornings when I shop for stuff ...
Related contentApproaching Difficult Changes
4 hours ago ago from aspiration+perspiration
Today I am writing my blog about change involving critical issues as discussed in chapter 12 of the book “Exploring Leadership” by Susan Komives, Nance Lucas, and Timothy McMahon. The book discusses the difficulty in approaching situations where change is critical and the task can seem overwhelming and impossible to begin. This causes a feeling of hopelessness and often results in no serious changes. In order to tame a daunting task the ...
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9-Year-Olds Remember The 2000s (VIDEO)
18 hours ago ago from Huffington Post
They can't recognize the sound of dial-up, they hear "Baby One More Time" and say "It's the song from 'Robots'," but they know about climate change and how to download music to their cell phones. Yes, they are 9-year-olds just coming to understand the absurd decade they were born into. What makes these kids' explanations so adorable? Just after talking about terrorism and global warming, they go on to list their biggest fears as Bigfoot, ...
Related contentCarmen Burcea-Haber: Remembering the Fake Revolution -- Part 3: After the "Revolution"
18 hours ago ago from Huffington Post
Since 1990 I have been back to Romania often, as my parents and friends are still there. These visits have been difficult. The first time I brought my husband there, in 1994, we were followed by Securitate, and one guard, who offered to be our guide in the mountain town of Sinaia . The guard actually pulled his gun out and started complaining how, being a crappy Romanian gun, it could go off suddenly. Many provincial Romanians considered me a ...
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