Banks Cash in On Cash Deposits

Banks need to make money.They have to loan out the cash deposits of their clients in order to do so.If banks cannot accrue wealth through debit fees or high loan interest rates, they will collect revenue from more controversial, though still common, sources.Many banks...

Corporate America vs. the American Body Politic

While the United States Government suffers through one more downgrade from global bond-rating agencies, multinational corporations based in the United States are enjoyinf reasonable profits, despite variable profit margins.The difference between the two is crucial to...

Deficit SuperCommittee Was a Super Stupid Idea

Partisan politics are ever at play in the Beltway, whether in the full assembly of both chambers of Congress, or in a select committee from the ranks of both sides of the aisle.The irreconcilable differences fall along two distinct views of government.The Democrats...

The Crystal Cathedral Goes to the Catholic Church

"Tough times don't last; Tough people do."One of Reverend Robert Schuller's books on the power of positive thinking carried this up-beat cliché.I wonder how he and his staff would appraise its message now.With their paean to modern self-importance on...

CSU Strike and Other People's Money

From Long Beach to Dominguez Hills, college instructors are joining the warped ranks of the Occupy Everywhere movement, claiming not just a presence in the "99%", but also as the educators for this motley group.Professor Domingo-Forasté claims that the...