Book Review: The Color Of Money

Book Review: The Color Of Money

By The Banker | Book Reviews, Inequality, Taxes

I think of myself as pretty informed about financial history in the United States, but Mehrsa Baradaran’s The Color of Money: Black Banks and the Racial Wealth Gap covers a whole area of history about which I knew very little. In a narrow sense Baradaran’s book is about the history of black-owned and black-customer-oriented banks. […]

Where Are The Fiscal Conservatives On War Costs?

Where Are The Fiscal Conservatives On War Costs?

By The Banker | Blog Posts, How Not To Invest, Taxes, Texas

Where is the fiscal conservative voice to cut federal defense spending? I’m on the fiscal conservative team. By that, I mean that I believe responsible government expenditure includes a plan for paying government obligations. Sometimes that means cutting spending. Sometimes that means raising taxes. If you’re a fiscal conservative in Congress and you voted this […]

SIGAR And The Afghanistan War Costs

SIGAR And The Afghanistan War Costs

By The Banker | Blog Posts, How Not To Invest, Texas

This month we debated tax reform and upcoming tax cuts, and a logical follow-up thought to the tax-reform debate is “why does the federal government cost so much to run?” Each of us will answer that question differently – possibly depending on our political persuasion – but everyone likes to agree in a bipartisan way […]

Capital Markets Theory You Can Use

Capital Markets Theory You Can Use

By The Banker | Blog Posts, How Not To Invest, Investing, Texas, Wall Street

I’ll be the first to admit that financial capital markets theory can be dry as dust and that mostly you should just live your best life in blissful disregard for almost all of it. Today, however, indulge me in discussing a capital markets rule that can help you avoid fraud, seek better investments, and make […]

Ask An Ex-Banker: It's Spiritual Christmas Time!

Ask An Ex-Banker: It’s Spiritual Christmas Time!

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Don’t feel broke at Christmas – Change the game. Editor’s note: This post first appeared on the personal finance website Make Change, where I irregularly contribute to their It’s Complicated advice column and podcasts! Also, I had previously mentioned my family’s spiritual christmas tradition on an earlier B$A blog post. Dear Ex-Banker: The holidays are […]