See the finextra article below. A lot of Bastiat "that which is unseen" aspect to these rational reactions to government "solutions". See also - makemarketsbemarket.org http://www.finextra.com/community/fullblog.aspx?id=4253 Continue reading

Telling a "SCARY" story to your kids around a campfire. One of your kids gets scared and decides to leave and go into your cabin. How to turn this into a teaching moment? Ans: Be proud of your child. “Bravery is often choosing to "not" do something rather than "doing" something. 'Restraint' is sometimes the bravest act of all. You were brave because you showed 'wisdom' in not listening to something you knew you DIDN'T have to listen to. You were o.k. leaving and risked being made fun of by others - about "being a scared-e-cat" - in order to protect yourself from NEEDLESS harm. You knew YOUR limits. You stood up for YOURSELF. That, my son, is a very BRAVE and COURAGEOUS thing. I am proud of you. “ Continue reading

Interview with "yours truly" on the MarketsWiki Continue reading

Sheila Bair has been one of the loan voices of reason throughout the financial crisis. This is an interview with the WSJ in which she discusses some of her "lessons learned" and aspirations after her term ends in mid-2011. Continue reading