What’s good for the goose is good for the gander. Apparently until it comes to politics. President Obama‘s campaign for re-election cleverly utilized the ENTIRE Facebook social network, utilizing information that was not available to the Republicans because they had…
Illustrative of the new regulatory requirements, one of the banks with which we deal sent me two typewritten pages outlining the information they now needed to have in my file. Our file with that bank will be three to four…
When capital access is denied to businesses, the only way they can survive is often to cut expenses. Sometimes the only way to cut expenses is by eliminating employees. Pennngton County had 40,000 ton of gravel ground on our ranch…
What happened to one of our local banks is instructive, because the same thing happened to small banks across the country. Those were the small banks that loaned money to small businesses, not the big banks that helped throw our…
Small businesses, which provide roughly two-thirds of the employment and much of the economic muscle, are still the key to economic performance. Our eight year recovery has been abysmally slow—most of the time our nation’s economic growth has inched along…
At long last I am now a Dodd-Frank survivor. No longer do I need to fear foreclosure on a property or non-renewal of a loan if the economy changes and income drops. To have a loan declared nonperforming and hence…
I could readily be a football addict. My watching time had to be severely limited for me to be able to accomplish anything else during football season. Listening, however, was a different matter. Some activities could be scheduled so that…
Charlottesville (home of the University of Virginia, founded by a slave owner) was my home for many years. Unfortunately, I have simply not had the time to put into writing many of my views with regard to recent tragic events…
Insurance rates are skyrocketing for those whose insurance is not furnished by their employer. Deductibles are frequently so high that even the insured may be effectively denied routine access even when insured. The debate should be less about whether Obamacare…
Protecting the small-business-destroying Dodd-Frank Act seems to be a major goal of prominent Democrats. Simply exempting small banks from the ravages of Dodd-Frank would make a major difference, but then the big banks (the ones that can contribute generously…