UNDERWATER MORTGAGES, ARE THEY REALLY A HARDSHIP?
Some things confuse me. Mainly the political spins i hear all the time on the news. By both sides! One is the mortgage situation and the underwater mortgages for sure. I don’t understand why it is more of a hardship to make payments on an underwater mortgage than one that is not underwater. The [...]
WHY I LOVE THE MOVIE “THE KING’S SPEECH”
I’ve watched this movie 5-6 times, once in the theatre, 4 times on cable and once on a disc. It fascinates me. Why do i like it? • I like the history of the time • I like that the King had a stammer. It proves that anyone can have problems that can prevent them from being [...]
NEWT IS A SINNER!!
In case you didn’t know it Newt Gingrich is a sinner as his wife Calista. Not a news flash unless you have been living under a rock. Now Newt’s ex has come forward to talk about it and just how bad he was! I won’t argue with her comments other than to say that carrying [...]
ARE WE HANDLING UNEMPLOYMENT COMPENSATION RIGHT?
When businesses lay someone off they frequently provide a severance pay for the individual. Depending upon rank and tenure it is designed to help the former employee out while they seek a new job. It is a fixed amount, and is paid over time regardless whether the person gets new job during the payout. I [...]
INVESTING IN TURNAROUNDS IS A TOUGH BUSINESS FOR TOUGH PEOPLE
Turnaround guys I think much of the flak about Bain Capital is not deserved. This group and others may be considered predatory or corporate raiders and some may very well be that. I don’t know enough about Bain to comment, but do know a lot about the turnaround business. I have financed many turnarounds, some [...]
HOW TO MAKE A DECISION
Okay, there are other ways to make decisions too, but I like the decision matrix. I learned this technique 35 years ago and have used it frequently over the year for many decisions. I like it because it gives me a quantitative bases to clarify my thinking. I have here an example of how i [...]
I THINK PEOPLE SHOULD BE REQUIRED TO BUY HEATH INSURANCE!
That may seem like an odd opinion from a conservative. I recognize the constitutional issues and it may not come to pass, but why do I feel this way? First, many people would not buy it unless their employer provided it. I don’t know about other states but do know that in Minnesota that it [...]
BOOK REVIEW FROM LUTHER STUDENT I MET ON LINKEDIN
I met Tyler Zey on the Luther group on Linkedin. He is a remarkable young man who has already started an internet busineess and some blogs. I admire his ambition and entrepreneurship! Check out his site: ChangeJars.com Here is his review of my book: Rob Severson’s “Connecting Peace, Prosperity, and Purpose” is a neatly formed [...]
HOME OWNERSHIP FOR EVERYONE?? IS THAT REALLY A GOOD THING?
Well that sure sounds good doesn’t it? It just makes sense that we should all own a home! I for one disagree! I think there is so much more to home ownership than just getting the mortgage and moving in. even though one may qualify for the loan there are other things to consider that [...]
HATING YOUR JOB GETS YOU NO WHERE AND ONLY HURTS YOU, NOT YOUR BOSS!
I often hear about people who their jobs. Frankly I don’t understand this because I never hated a job. My jobs paid me so I could support my family, and if I did well in my job I got more opportunities. Some jobs may be dead end, I realize, but there are ways to deal [...]
