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Day: May 1, 2011
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George Rebane Number One Raghead Osama bin Laden is dead – RIH. On to the next ones.
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George Rebane Would you lend money to someone who already owes you more than he can repay, wants you to loan him more so he can use some of it to pay you the interest on what he currently owes (a la Madoff), and owns a printing press that is already printing his debt to…
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George Rebane This is a truism in the world of financial decision making, why? Because sunk costs are just that, irretrievable. So any decisions about what to do in the future should only consider costs that you have yet to incur; in short, things you can still influence. How many times in political debates have…
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