Tag: short term loans

West, Texas

I find it funny that Texas government officials are falling all over themselves to let the residents of West, Texas know that they are large and in charge. I know that many in Texas and around the country believe with all of their hearts that the government is useless. The scariest thing is that old Ronald Reagan line, “I’m from the government and I’m here to help.” Well, now, the good folks of West need help. They need someone to check the air quality and make sure that it is safe. Who’s going to do that? They need low-interest long- and

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Repo Madness

I’ve been furiously reading about the economic meltdown. There are so many factors and so many people involved. The system is so complex. For those of us who never studied economics, this has been an eye-opening experience. I foolishly thought that huge Wall Street firms had some amount of cash on hand. This cash would then be used to fund the trades of that firm and its clients. Well, this just proves that I’m old and misinformed. That is not how it’s done. The repo market, repurchase transaction, grew up in the late 80s and early 90s. These amount to short-term

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ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
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