State Budget
Build America Bonds Encourage “Buy Now, Pay Later” Mentality
As part of the 2009 stimulus package, President Obama and Treasury Secretary Timothy Geithner created a new program to subsidize municipal bonds. Unlike traditional municipal bonds, Build America Bonds are…
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Where Were These Guys a Few Months Ago?
At a recent town-hall meeting, Federal Reserve chairman Ben Bernanke said he had to ‘hold my nose’ over bailouts. I wish he had expressed some of those misgivings when…
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Can We Sell our GM Shares?
Imagine if I told you that my stockbroker told me I should invest in a failing company, and I told him not to. My stockbroker then invested in the company…
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