It’s time to be scared straight.

Posted on October 16, 2008 - Filed Under Financial Crisis, Society, Taxes | 2 Comments

Let’s pick a middle class home in Tyler at random and eavesdrop on the conversation taking place inside between husband and wife.
HIM: “Honey, we need to rein it in. We talk about it every year before the holiday season begins and we promise that we’re going to keep a lid on things at Christmas but [...]

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At least Howard Beale knew who to be mad at.

Posted on October 9, 2008 - Filed Under Financial Crisis | You Tell Me (Comment)

Click here to listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, October 10, 2008.
“I’m mad as hell, and I”m not going to take it anymore.”
Peter Finch as Howard Beale
“Network” 1976
If you’re not mad as hell, you’re not paying attention. And even those of you who are mad as hell, too [...]

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Who will be critical of the critic?

Posted on October 2, 2008 - Filed Under Financial Crisis | 2 Comments

Click here to listen to the broadcast of You Tell Me on Newstalk 600 KTBB, Friday, October 3, 2008.
It has been a tumultuous two weeks. Let’s review. As a result of poor lending practices in the home mortgage market and particularly egregious practices at mortgage giants Fannie Mae and Freddie Mac, non-performing loans have served [...]

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