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HomeJalen Rose Leadership Academy: The Model for Urban Education
Posted by Larry Doyle on December 31st, 2011 12:37 PM |
I am passionate about a number of things, including integrity, accountability, discipline, fairness, and opportunity.
I am not bashful in calling out those people whom I believe willingly and wantonly flout these virtues.
I also welcome heaping praise on those who not only embrace these virtues but then also go about doing something to promote them.
I typically immediately place these real American heroes into the Sense on Cents Hall of Fame. On that note and on this the final day of 2011, I welcome inducting Mr. Jalen Rose into our hallowed hall of heroes. (more…)
I Repeat, America Needs to Stop the Lies and the Liars
Posted by Larry Doyle on December 30th, 2011 10:32 AM |
As we get ready to usher out 2011 and embark on a new year and a Presidential primary season leading to the general election in November 2012, I would like to rerun one of my personal favorite Sense on Cents commentaries written here this past February.
The simple fact remains, our nation will never regain its standing in the world unless and until we stop lying to ourselves. On that note, I humbly repeat, America Needs to Stop The Lies and The Liars,
Real long term success and greatness are founded upon the principles that people do not lie, cheat, or steal. Our nation is neither succeeding nor is great at this point in time because we have allowed these vices to grow and spread throughout our society. Shame on us.
Our nation does have the potential to be a fabulous nation again; however, let’s stop kidding ourselves in thinking that we are a great nation currently. How is it that America has lost its greatness? Where are the aforementioned vices on display? (more…)
Lessons of Financial Amnesia
Posted by Larry Doyle on December 28th, 2011 11:26 AM |
We often hear that those who do not learn from history are doomed to repeat it. Does anybody in the audience contest those words of wisdom?
Why do you think I hear from many former colleagues and other Wall Street insiders that we are very likely going to experience another economic crisis—or perhaps merely a prolonging of our current crisis—and accompanying significant market decline?
My ‘sense on cents’ indicates to me that we will have more economic and market turmoil for the very simple reason that our financial titans, our political leaders, and our nation as a whole have not embraced nor learned from the lessons of the past. (more…)
Which Republican Will Win the Iowa Caucus?
Posted by Larry Doyle on December 28th, 2011 7:31 AM |
With the Iowa caucus now less than a week away, let’s run an unscientific poll.
1. Whom do readers believe will win the Iowa caucus?
2. Whom do readers hope wins the Iowa caucus?
3. Whom do readers believe will be the ultimate Republican Presidential nominee?
4. Whom do readers believe presents the greatest chance to win the general election?
Please feel free to make any other editorial comments.
Larry Doyle
Rick Santelli’s Sense on Cents
Posted by Larry Doyle on December 26th, 2011 12:51 PM |
Many of our expert analysts in Washington, on Wall Street, and throughout our land are consumed in a debate about the finer principles of Keynsian vs Classical economics.
Our economic and political wonks can debate all they want because ultimately the debate regarding our nation’s economic health is a function of basic math.
Let’s take a quick look at Rick Santelli’s class on ‘sense on cents’. I think everybody who sits in on this 2 minute tutorial can fully understand that the math being utilized in our nation’s capital —and many state capitols as well—possesses few of the basic principles of ‘sense on cents’ and is actually more a game of charades than anything else. (more…)
Christmas 2011 – Christmas 1919
Posted by Larry Doyle on December 25th, 2011 8:00 AM |
To those who celebrate the birth of Christ and the blessings He brought to the world may you enjoy this day in all its glory. To those who celebrate Hanukkah, Kwanzaa, or another traditional form of worship may this season also bring you peace and happiness.
As we come together to enjoy the company of family and friends and to look forward to hopefully better days in 2012 I encourage you to look back and view our current state through the perspective of a story I first read and shared three years ago.
This story made such an impression on me that I am compelled to continue to spread its message of love, determination, strength, and courage.
Enjoy!!
A Christmas Tale — 1919, The Wall Street Journal, December 2008
By Hans von Spakovsky
It’s easy to complain in the midst of a stressful holiday season. But my family has a unique remedy: We remember one special Christmas in 1919 that gave us the freedom and liberty we enjoy today. This will be the 89th anniversary of the year my father celebrated Christmas Eve deep in the snow-laden woods of Russia as he fled the Communist takeover of his homeland.
Merry Christmas, Happy Hanukkah, Season’s Greetings from Sense on Cents
Posted by Larry Doyle on December 22nd, 2011 8:04 AM |
The pace of financial and economic news continues at breakneck speed.
We see breaking stories of massive fines for discriminatory lending practices, continued financial flailing within the Euro-zone, and ongoing obfuscation of the truth on Wall Street and in Washington.
Three plus years and counting and we continue to encounter the burdens and stress of our steep climb along our economic landscape.
Three plus years and counting I am truly grateful to all those who have welcomed me into their lives via my writing and work here at Sense on Cents.
On that note, while our financial and economic issues are not going away anytime soon, I hope that at this time and throughout the year we can gain a fuller appreciation and direct our focus to the most important aspects of life.
I cherish my faith. I love my family. I am grateful for so many truly great friends.
I hope that everybody who reads this can stop for just a moment and focus on those within their lives whom have really made a difference and thank them. That gratitude is the spirit of the season and the gift that keeps on giving!!
I firmly believe that a focus on faith, family, and friends are not merely appropriate during this season but are critically important for our nation as a whole as we try to restore the values upon which our nation was built.
These values for me are the true meaning of the season and the essence of Sense on Cents.
However you may celebrate, I wish you all the best today, tomorrow, throughout the holiday season, and every day thereafter.
I thank you again for your support. I want to especially thank those who are serving our nation and will not have the opportunity to be with loved ones during the holidays. I salute you!!
I hope you will take a minute to enjoy this video Christmas card put forth by my Alma Mater, Holy Cross.
Navigate accordingly!!
Larry Doyle
Isn’t it time to subscribe to all my work via e-mail, RSS feed, on Twitter or Facebook?
Do your friends, family, and colleagues a favor and get them to do the same. Thanks!!
I have no affiliation or business interest with any entity referenced in this commentary. The opinions expressed are my own. I am a proponent of real transparency within our markets, our economy, and our political realm so that meaningful investor confidence and investor protection can be achieved.
SEC’s Robert Khuzami: “All Individuals Will Be Held Accountable…”
Posted by Larry Doyle on December 18th, 2011 7:35 PM |
What do we think of the SEC’s attempt to pursue former Freddie and Fannie CEOs Richard Syron and Daniel Mudd?
Is this a fully legitimate pursuit of justice against these executives? Could there be more than a whiff of political motivation on the part of the current administration buried in this pursuit?
As The New York Times reports the other day, SEC Accuses Fannie and Freddie Ex-Chiefs of Deception:
On Friday, S.E.C. officials trumpeted their actions in the Fannie and Freddie case as part of a renewed effort to crack down on wrongdoing at the highest levels of Wall Street and corporate America……….. (more…)
Sense on Cents Poll re: Jon Corzine and MF Global
Posted by Larry Doyle on December 17th, 2011 12:41 PM |
I have no doubt that those within the senior executive suites on Wall Street along with their ‘incestuous’ colleagues in Washington and their financial regulatory ‘cousins’ would hope that the MF Global and Jon Corzine affair would fade into the sunset.
Well, those in our country who care about the virtues of truth, transparency, and integrity—along with the MF Global customers—have little interest in seeing this story go away, just like the cool $1.2 BILLION of supposedly segregated customer funds went away.
The stench of the demise of MF Global is so overpowering, but the need to determine what really happened to those customer funds is so great.
At the suggestion of a regular reader of Sense on Cents, I am compelled to launch a poll and take your pulse as to what you would like to see happen with Corzine and MF Global. (more…)
What About the Economy?
Posted by Larry Doyle on December 16th, 2011 7:54 AM |
With many eyes focused on the ongoing demise within the Euro-zone, what about our own economy?
Is that proverbial light around the bend merely another train coming the other way? Or utilizing another railroad analogy, can our economic caboose continue to chug along under the weight and duress of so much excess capacity and baggage?
Well, given the fact that I have limited trust in economic releases from our friends in Washington, let’s review a private survey of chief financial officers produced by Duke University, >>>> (more…)
