Song Rights

When do we own what we create? It depends. For Bruce Springsteen and Billy Joel, hit albums controlled by record companies might soon become theirs again. During the mid-1970s, the Congress decided th…

Debt Compromises

This story is about a country that had massive debt. A recent war had been expensive and the economy had big problems. Still though, powerful political leaders opposed the solution that the Secretary …

Too Big To Fail

The HBO documentary, “Too Big To Fail” was excellent. But what to come away with? TBTF (Too Big To Fail) solves problems and it creates them. TBTF can reverse a confidence crisis. When the…

Looking at the Debt Ceiling

Today, at this moment, we might be hitting the debt ceiling. During the past 11 years, Congress has voted to raise the debt ceiling 10 times. In 2000, the ceiling was approximately $6 trillion; in 201…

Budget Issues

There are so many budget issues. How to remember them? You might think of 3 and 8. 3 decisions: 1) The shutdown: There might be a partial government shutdown on Friday, April 8, because Congress canno…

Innovative Challenges

Is it likely that, with each new discovery, innovation gets tougher? It might have been easier to identify an asteroid a century ago because the undiscovered ones were very big. It might have been sim…

A Debt Tour

Calling it “financial disaster travel journalism,” author Michael Lewis (The Blind Side and The Big Short) takes us to Iceland, Ireland, and Greece in 3 Vanity Fair articles that are wonde…

Virginia and Germany

“Where…is the justice of compelling a State which has taxed her citizens for the sinking of her debt, to pay…the debts of other states, which have made no exertions whatever?” …

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