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A small subsidiary of Berkshire Hathaway has decided that enough is enough in the bank insurance business. Kansas Bankers Surety Co. announced that it would no longer sell insurance on bank deposits over the FDIC limit of $100,000. In the days before the financial collapse, the insurance was extremely profitable as bank failures [...]

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The talk of inflation has never been this high. Bernanke and company are trying very hard to keep the markets up while keeping inflation lower than the key 3%, doing so is problematic. Trying to infuse billions of dollars without making prices rise universally is against the laws of economics. So far, [...]

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The worst part about this is that the 15.3% loss represents a hefty piece of American consumerism. Its now safe to suggest that people who purchased homes in the last few years have $0 in equity, and are even upside down on their homes. While this may seem to be a microeconomic situation, [...]

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January to March quarter posted a 0.9% gain in GDP, giving investors the fundamental understanding that textbook recession is out of the picture. It was certain that investors would respond favorably, and they did. The dow was up 52 points to 12,646. This kind of optimism is great for a market that’s [...]

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