World War II was a transformative event for our nation in many different ways.  Some of the societal norms that existed before the war never returned.  The national transition from…

https://www.youtube.com/watch?v=o7EJMyL6htw There is a bear in the woods.For some people the bear is easy to see.Others don’t see it at all.Some people say the bear is tame.  Others say it…

Frank Sinatra’s 1958 hit personifies how the public romanticized airline travel in the late 1950s.  The 1950s are considered to be the golden age of air travel.  However,  the cost…

In high school my pastor was a veteran of World War II, a war in which he served as a pilot.  A story he told regarding night-flying training has stayed…

During the holidays many Americans reacquaint themselves with the large maps found in the walkways of shopping malls and airports. Looking at the building’s layout from a birds-eye view, your…

Over the summer, in both the financial press and in conferences I have attended, the dreaded R word, recession, has been the topic of discussion. The second R word, rates,…

When do we take the training wheels off? As an uncoordinated kid, training wheels were a great comfort while learning to ride a bike.  I became upset anytime my dad…

The recent headlines in the financial press would lead one to believe that the market is in a middle of a monster wave.  In fact, if you look at a…

"There are certain industries which cannot now successfully compete with foreign producers because of lower foreign wages and a lower cost of living abroad, and we pledge the next Republican…

The financial business is a numbers business.   The jargon can make your head spin.  We have alpha,  beta,  PE, PB, PS.  The list goes on and on.  The numbers are supposed to communicate risk and…