Flip Its

I actually trademarked the term, "The Can't Stop the Revolution" a few years ago. And their inability to stop the revolution is the good news. Ultimately, there's no stopping the will of the people in this country and the innovation and prosperity built thereupon. Right now, there's just no easy answer, no easy solution, no easy way out of this. So many of the virtuous cycles of the recent ... read more

Here I thought I owned the trademark "Flip It", but it seems that maybe I woke up in a Flipped country lately.  Explain this: I thought the Democrats were supposed to be for the "little guy" whom we're going to tax/borrow from his grandchildren and they were supposed to be against the big corporations/Wall Street crowd that will be the only direct beneficiaries of this bail out package...YET ... read more

So the Republicans and Democrats in power whose policies have created and developed this bubble that's now popping on Wall Street and under homeowners now want to take an outright $1 trillion of your savings and borrowings and give it straight up to those firms who took enough bad risk that they're about to go bankrupt because they say if they don't you'll be broke and never be able to tap any ... read more

I suppose it's important in the midst of all this economic and socialist meltdown engulfing our country and our world that we should still remember that other things are important too. Like blowing off a little steam and having some fun sometimes. So a couple friends of mine and I were supposed to have some steaks and wine Thursday night, but one of the dudes ends up with a last minute invite ... read more

You'd think AC/DC just wrote this song about our current environment, no? Who made who? The people make it all happen. Not Wall Street. Not Paulson. Not Bush or Pelosi. And neither Obama nor McCain made you either. They can destroy you. They can't make you. Read the lyrics. Think about whether the intervention helps or hurts you. Who made you? AC/DC -- Who Made Who? The video ... read more

All these guys you read in the papers and magazines -- Fortune's cover says "Paulson to the Rescue" -- and on TV and on the radio want you and me to believe that two dudes who've been directly involved in causing the crisis can somehow fix it by redistributing your money to them and their well-connected, very rich friends. They're either idiots or thieves and they make me sick. Flip it ... read more

You guys see me freak out about the nationalization of our mortgage industry on Happy Hour last night? I'm not okay with the nationalization of Freddie and Fannie and I'm serious that I'm scared about the US economy's vitality for the first time ever in my life. Lots of people tell us that the government had to step in and save these homeowners and their creditors because the "crisis in ... read more

I'm terrified by what Paulson and Bush and the Democratic/Republican congress have just done to our country. So many guys whom I used to consider freedom-loving individuals have embraced this heartbreaking loss of personal property rights in this country caused by this nationalization of the two largest investors in mortgages in this country that I want to address their supposed logic. The ... read more

I interrupt this vacation for a special public announcement.   One of the most important Flip Its any American can do is to ignore the advice from financial planners and the oft-under-educated and ill-equipped advisors at your company that always try to convince you to invest in the stock of the same company you work for. From idiotically foolish 401(k) and IRA plans that will match your ... read more

FT:  Big banks seek to limit their own risks