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Question of the Day

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Should We Bring Back Usury Laws?

Wednesday, October 14th, 2009

In the last post, one of the questions I asked Charles Geisst was about usury laws. For those of you not familiar with the term, usury laws are essentially caps on the rate of interest that lenders are allowed to charge borrowers. In the past, usury laws were set at the state level [...]

Question of the Day – What Makes a Good Employee?

Thursday, September 10th, 2009

Last night I had to make a quick trip to the grocery store. As I was walking into the store, I noticed a young man out gathering up grocery carts. I kid you not, a 90-year old with a walker could have moved faster than this kid was moving. Of course it’s [...]

Question of the Day – Your First Job

Friday, August 28th, 2009

Here’s today’s Question of the Day:
What was your first job?
My first job was working for a restaurant called O.K. Corral in the town I grew up in. It was a restaurant that took over the building that was vacated by Sonic. My job was to get clean and cook. I HATED THAT [...]

Question of the Day – Executive Pay

Tuesday, August 4th, 2009

Here’s today’s Question of the Day:
Should the government put forth measures to curb executive pay?
I’m torn on this issue. On the one hand, I abhor the idea of government intrusion. On the other hand, I don’t like the idea of companies excessively paying their managment. Here lies the problem: who decides what [...]

Question of the Day – Is the iPod Dead?

Wednesday, July 22nd, 2009

I just read a somewhat interesting article that raised the possibility that Apple may kill off the iPod. Personally, I think the author is just trying to get some attention and the way to do that is to make some bold headline like, “Is the iPod a Goner?” I’ll admit it got my [...]

What Should Happen to Angelo Mozilo?

Friday, June 5th, 2009

The SEC has charged Angelo Mozillo with fraud. You can read the full complaint here (PDF).
The article seems pretty clear that Mozilo was aware of just how bad things were while he was dumping his company stock. Mozilo had always played the “I-don’t-know-how-this-could-have-happened” card. I remember reading in the Wall Street Journal [...]

Question of the Day: Kids and Money

Thursday, June 4th, 2009

I was just taking a money survey over at Charles Schwab and came across this question:
Of the following, which are the most important lessons in saving and investing for parents to teach their children?
Select up to two options:
A. Live within your means
B. Begin saving at an early age
C. Avoid [...]

Question of the Day: Is There an Inheritance in Your Future?

Wednesday, June 3rd, 2009

Here’s a question I don’t think I have ever asked before:
Do you expect an inheritance sometime in the future?
My wife and I don’t for a couple of reasons:
1. My grandparents have all passed away and left what little they had to their kids (my parents and their siblings). My wife’s remaining grandparents are [...]

What’s Good Computer for a 14-Year Old?

Wednesday, April 29th, 2009

I got an email this morning from Stacey (a frequent reader and commenter here) asking me if I had any recommendations for a laptop computer for her 14-year old son, who will be starting high school this fall. I told her I had no idea but that I would post this as a question [...]

OT: Who Would You Like to See Play the Role of Dagny Taggart in “Atlas Shrugged?”

Thursday, April 2nd, 2009

It looks like they finally might be making a movie based on Ayn Rand’s book, Atlas Shrugged*. Here are the possible candidates to play the lead role of Dagny Taggart:
Angelina Jolie
Charlize Theron
Julia Roberts
Anne Hathaway
Angelina Jolie is supposedly the front-runner but I think I’d rather see the part go to Chalize Theron or Anne Hathaway. [...]

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