Archive for the ‘General’ Category
Posted by Larry Doyle on October 15th, 2012 8:35 AM |

Have you ever been tempted to blindly look for “treasure” without knowing what you were really doing or what risks you really faced?
This kid’s game is played all the time on Wall Street, and investors need to be very careful not to get trapped in the process. How so?
With the Federal Reserve and other global central banks implementing serious financial repression, investors everywhere are searching far and wide in pursuit of yield/income. This setting is perfect for issuers and/or sellers of financial products to hang a juicy yield out there in hopes of luring investors to bite. (more…)
Tags: search for income, search for yield, Sheila Bair, Tier two assets
Posted in General | 2 Comments »
Posted by Larry Doyle on October 12th, 2012 7:00 AM |
Thanks to our friends at eWallstreeter for making the effort to organize and run a poll for the best financial blog of 2012.
Is there any doubt that the blogosphere has changed the manner in which news and opinion in our nation are disseminated? So many bloggers, both financial and otherwise, produce fabulous work and evoke the true American spirit in the process. I tip my hat to bloggers everywhere for engaging in debate in the public square. In fact, I would go so far as to say that given the current positioning of the mainstream media, the case for exceptional bloggers has never been greater.
I thank those who have already voiced their support and have cast their vote for my work here at Sense on Cents. I hope others who visit my blog share that sentiment. You can rest assured my passion in pursuit of truth, transparency, and integrity while navigating the economic landscape has never been stronger. I thank you, the readers, for your own passion which fuels so much of what transpires here.
On that note, I hope you will take a minute or so to vote for the Best Financial Blog of 2012.
Larry Doyle
Tags: best financial bloggers, best financial blogs, best financial sites, best financial websites, financial blogging, Larry Doyle Sense on Cents, Sense on Cents best financial blog, top financial bloggers, top financial blogs, top financial websites, what are the best financial blogs
Posted in General | 2 Comments »
Posted by Larry Doyle on October 10th, 2012 6:05 PM |
In writing here at Sense on Cents, I try to stay true to my mission of promoting truth, transparency, and integrity while navigating the economic landscape. That said, every now and then a story or clip comes along that I believe is so powerful and compelling that it warrants my highlighting it.
Today a clip of this magnitude crossed my desk and I feel obligated to share it. (more…)
Tags: Afghanistan, CBS News Lara Logan, CBS' Lara Logan Slams Obama administration, failure in Afghanistan, Lara Logan on Afghanistan video clip, Lara Logan on Taliban, Lara Logan on terrorism, Lara Logan video clip, Lara Logan war on terror, military failure in Afghanistan, what is happening in Afghanistan, what is really going on in Afghanistan
Posted in General | 36 Comments »
Posted by Larry Doyle on October 10th, 2012 10:03 AM |
Love him or hate him, Jack Welch did America a real public service last Friday. With his tweet minutes after the release of the seemingly incredulous employment report, Welch embraced a virtue long ago appreciated but now too easily dismissed, especially by those within the media.
What virtue is this?
QUESTION AUTHORITY!!
Some may think Welch was more making a statement rather than posing a question. I would view that as a matter of semantics. (more…)
Tags: Jack Welch, Jack Welch editorial in Wall Street Journal, Jack Welch Kenneth Rogoff, Jack Welch response to October employment report, Jack Welch tweet, jack Welch twitter, Larry Doyle, question authority, the emperor has no clothes, these Chicago guys will do anything, Washington's emperor has no clothes
Posted in General | 5 Comments »
Posted by Larry Doyle on October 10th, 2012 7:12 AM |
I had initially planned on writing today about a story of how the SEC is employing what could only be described as thuggery and intimidation tactics against a small credit ratings firm that has dared to pursue the truth.
The thought also crossed my mind of addressing a long overdue suit against another of Wall Street’s giants for propagating fraud within the mortgage origination business. Are the regulators and prosecutors aware it is almost 2013 and that they are years late in pursuing justice on this front?
Why is it that when I think about both of these fiascoes and so much more, I feel that the powers that be in Washington and New York attempt to foist upon us a reality that could only be equated to The Twilight Zone. The lies, the perversions, and the daily stream of garbage that emanate from the political and financial power bases can be overwhelming if we were actually to give it a degree of credibility. The lack of credibility ship and the losers aboard it sailed a LONG time ago. (more…)
Tags: Army soldier Dustin Gross, Dustin Gross Kentucky, Larry Eckhardt, Larry Eckhardt of Illinois, Larry the Flagman, paying respect, paying respect to fallen American heroes, saying thanks to fallen American heroes, the American spirit, The twilight zone, true American patriotism, who is Larry Eckhardt
Posted in General | No Comments »
Posted by Larry Doyle on October 8th, 2012 4:19 PM |
Our nation has endured a lot of hits over the last weeks, months, and years. Despite these hits — and the accompanying shortcomings of many whom we might deem to be our leaders but partake in various iterations of crony capitalism — our nation remains the land of the free and the home of the brave.
Having not often taken a break from the standard delivery of this blog, I welcome doing just that right now. Why? The rendition of our national anthem highlighted below truly inspired me. I would like to pass that inspiration along. (more…)
Tags: America, Home of the Brave, land of the free, life liberty pursuit of happiness, Our national anthem, Star Spangled Banner, the American spirit, the national anthem, USA
Posted in General | 5 Comments »
Posted by Larry Doyle on October 8th, 2012 7:15 AM |
There is nothing inherently wrong with borrowing money. Taking out a loan to fund a business, buy a house, pay for education are all worthwhile endeavors for individuals and a nation alike. This said, there comes a point where imprudent borrowing and lending run the risk of fiscal calamity. That segment of our economic landscape is a distant memory in our nation’s rear view mirror.
My 8th grade son is mesmerized by the Debt Clock in the left hand sidebar here at Sense on Cents adding ~$5,000/second to our national debt. He asks me how our debt could have gotten so high and so out of control. For his benefit and that of others, I welcome providing another view of our nation’s past and projected fiscal deficit. (more…)
Tags: borrowing and spending like a drunken sailor, CBO estimates of our national debt, Debt Clock, deficit spending, funding our deficit, our national debt, spending like a drunken sailor, what do we have to show for our debt, what is funded by our deficit, where do our debts go, White House Budget Historical tables, White House budgets
Posted in Deficit, General | 2 Comments »
Posted by Larry Doyle on October 5th, 2012 10:13 AM |
Was the unemployment report released this morning gamed by the powers that be in Washington? Former General Electric CEO Jack Welch thinks so and had this to say in a tweet released right after the report:

Well, while Welch and many others believe a conspiracy is at work, let’s take a harder look at the numbers.
(more…)
Tags: jack Welch tweet about October employment report, October employment report, October jobs report details, October jobs report what really happened, October unemployment report, what happened with October jobs report
Posted in Employment, General, Unemployment | 17 Comments »
Posted by Larry Doyle on October 5th, 2012 6:40 AM |
Reeling from a widely acknowledged trouncing in the first debate, President Obama had this to say while on the stump yesterday:
“. . . if you want to be president you owe the American people the truth.”
Is that right? Why do visions of Susan Rice boldly lying to America regarding the recent terrorist attack in Libya dance through my mind?
I will allow others to weigh in on how much truth emanates from the White House and Capitol Hill. Regular readers are well aware of my trumpeting for truth, transparency, and integrity from ALL of our elected officials and everybody else. The president’s call for veracity compels me to highlight one of the most widely commented reviews ever run here at Sense on Cents.
(more…)
Tags: America Need s to Stop the Lies and the Liars, America's rankings in education, Charles Blow New York Times, if you want to be president you owe the american people the truth, is Obama a liar, Obama lies, President Obama, stop the lies and the lying, Susan Rice lying to America, the need for the truth
Posted in General | 4 Comments »
Posted by Larry Doyle on October 4th, 2012 6:35 AM |
With the 2012 campaign entering the home stretch and the first Presidential debate now in the record books, I would welcome hearing from readers what they think at this critical juncture in our nation’s history.
Did last night’s debate change your opinion of either Republican nominee Mitt Romney or President Barack Obama?
Did you learn anything new last evening? Are there issues you would like to see further explored? How about the manner in which the respective campaigns have been managed and/or covered relative to what we saw displayed last evening?
The floor is wide open. I hope supporters of both candidates may offer opinions. Additionally, I would welcome hearing from voters who remain undecided.
What do readers think? Please do not be bashful.
LD
Tags: 2012 Presidential debate, 2012 Presidential Debate in Denver, feedback on presidential debate in Denver, voter feedback on 2012 Presidential debate, who won the first presidential debate
Posted in General | 28 Comments »