Fannie Mae Has Lost Their Minds With Our Money
This morning, mortgage giant, Fannie Mae, announced new rules aimed at getting tough with what it calls “strategic defaults”. The company has found that there are a group of people who are walking away from their homes that have “the capacity to pay”. However, Fannie Mae plans to get tough with all borrowers that default [...]
Happy Women’s History Month for Men
Kush Jenkins – Recently, a young leader asked my insight on an essay question. The question was, “What, if any, cultural norms, ways of life, practices or beliefs will people who live 100 years from now look back and say, ‘How did they tolerate that?’.” As a black man, I am sure she was anticipating [...]
A Father’s Day Tribute
I am listening to a financial advisor’s pitch about a company. Great balance sheet, low P/E multiple, great product, the same thing everyone begins with before making their buy recommendation. Then comes the details or, in essence, how this stock is going to make you rich. The gentleman says to me, “This company is going [...]
9 for 2009
Kush Jenkins, The Bottom Line As Puxitony Phil peaked his head out of his hole and saw the new state of America, one cannot blame him for opting to stay put for just a little while longer. The Dow sunk below 6,500, unemployment is out of control, and President Obama is talking Bushanomics with a [...]
What Works and Does Not Work In The Stimulus Package
Oh politics is here again! As we cheered the greatness of our nation last January 20th, the politicians have reminded us thereafter that it is about everything but. While Americans are suffering, the politicians are jockeying for position with the new stimulus package. I am amazed to hear about Americans killing themselves because of their [...]