I was in a convenience store today and someone was buying some tobacco. I asked the clerk when the tax increase was coming and she said Monday. She knew well because she was a smoker. I was surprised to learn that there hadn’t been a run on tobacco yet, she was too and as a […]
FAST GROWTH CAN BRING EVEN FASTER PROBLEMS! In the last 40 or so years I’ve seen thousands of businesses, many of them with financing problems. I have made my living by helping businesses with problems find financing. One common problem is high growth. Businesses that grow too fast often run out of working capital to […]
“Look, if you’ve been successful, you didn’t get there on your own” Barack Obama I agree with him!! We all benefit from what society provides us. That is one of the things government should provide for us, a helpful environment for businesses that can prosper and provide jobs as they prosper. A healthy business climate […]
I confess i used to be very apathetic about politics and world affairs. Even in the Viet Nam years I barely knew what was going on and it followed me for many years as i was focusing on my career and family. Now that i have more time along with cable news and the internet […]
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 […]
This is a piece a friend of mine wrote. He actually reaearches while I just bloviate!! Please Know and Understand This: The Liberal’s Numbers Don’t Work! First, recognize that the proposed Republican plan for fiscal reform is just that – a proposal, a place to begin negotiations. It does do many things, and raising tax […]
I think by now everyone knows the US is in a financial bind. Too much debt, too much spending that increases debt, and many other problems. Why don’t they do something we keep asking? One of the best classes I took while at Norwest 30 years ago was a class in problem solving and decision […]
Most people my vintage believe that social security is not an entitlement, but a return on money we have invested over our working life. I know I want to believe that! However thinking about it I believe Congress believes it is an entitlement, just like welfare, unemployment compensation, and a host of others. As such, […]
I’ve been thinking again! I don’t claim to have all the answers, but as a country boy do have a bunch of observations and questions! I’ve been around businesses in distress for over 30 years, having financed them, coached them and procured financing for their turnaround plan. Some make it; some don’t. I liked working […]
