Archive for the ‘Blog Posts’ Category

Kooky and Good Idea To Address Inequality

Kooky and Good Idea To Address Inequality

By The Banker | Blog Posts, Inequality

UK economist Anthony Atkinson published a book “Inequality: What Can Be Done?” in May of this year in which he proposes radical solutions to the most pressing financial problem of our time. I thought I’d heard all the important arguments on the topic, and then this economist comes along with a totally bonkers idea that [&hellip

Saving Is Never Easy

Saving Is Never Easy

By The Banker | Blog Posts

When it comes to saving money, no amount of income is enough to make this easy. “If I made a million dollars a year,” you might think, “then I could start saving money pretty easily.” Nope, you’re wrong. That’s not easy at all. Once you make a million dollars, you start living with people who [&hellip

Ex-IM Bank - Why It Should Die

Ex-IM Bank – Why It Should Die

By The Banker | Blog Posts

Normally I don’t align myself politically with the Tea Party, but every once in a while wackadoodles have good ideas. So I try to keep an open mind. One of those good ideas is closing the Export-Import Bank, which technically went into ‘liquidation’ on July 1st, although it will most likely be revived by the [&hellip

Dueling Mortgage Gurus and Uncertainty

Dueling Mortgage Gurus and Uncertainty

By The Banker | Blog Posts, Personal Finance, Texas

One of the things that makes finance endlessly fascinating (to me!) is that perfectly sound logic for one situation turns out to be perfect madness in another situation. In my best moments I appreciate the ironies and contradictions. In my worst moments I despair for people whipsawed by the seeming complexities of financial choices. Most [&hellip

Greece On The Brink: Notes From The Island

Greece On The Brink: Notes From The Island

By The Banker | Blog Posts

Editor’s note: The following is from The Banker’s Editor-in-Chief, aka Mom. Mom spends a month every year on a Greek island, populated by ex-pats. She has watched the island move from the drachma-economy of extremely cheap living, to a much more expensive, but possibly unsustainable, economic model. All sides blame others for this crisis. In the details [&hellip