Rolfe Winkler

Why did Johnny Mac pick Sarah Palin?

August 31, 2008

Oh I’ve heard all of the conventional wisdom: 

    She’s a woman and can pick off disaffected Hillary supporters. At 44, she offsets McCain’s age problem She has a very strong conservative record.  She’s pro-life and pro-guns.  (Exhibit A to the right: an AP photo of her posing with a caribou she shot.)

But there’s another reason no one’s mentioning, at least not in polite conversation: she’s gorgeous.  I mean, have you seen her photos?  She’s a former beauty queen and her looks have only improved with age. Look at that bone structure!

Another Friday, another bank failure

August 30, 2008

Integrity Bank in Georgia was shut down by the FDIC today.  Bloomberg has the story.

Suez, America-style

August 26, 2008

It’s no longer any secret that the USA is deeply in hock to foreign governments, particularly China, Japan, the Petro States, and increasingly Russia. We have two very large deficits that have to be financed: a trade deficit and a fiscal deficit. Americans buy more than they sell. We consume more than we earn. To keep the process going, Americans and our government have to borrow money from abroad. At rates that are totally unprecedented.

Movie Review: “I.O.U.S.A.”

August 22, 2008

Who knew someone was working on a documentary following David Walker’s Fiscal Wake-Up Tour? I interviewed Walker for an article about the Tour earlier this year, during the period when much of this movie was shot.

Foreigners push back….

August 20, 2008

How often does the NY Post beat the Journal and the Times to a good financial story? Today they did, noting that Lehman tried to secure $5 billion of rescue capital from South Korea, but failed to do so:

Lowenstein Lecture

August 17, 2008

In researching my last post, I found this video. It’s long, but worth it. One of the best summaries of the state of the American economy that I’ve seen or read.

Summer Reading

August 15, 2008

I had a chance to catch up on some reading while in South America. Two books that may be of interest to readers of this blog include Roger Lowenstein’s new book While America Aged on the various pension crises facing America and Martin Mayer’s older book The Greatest-Ever Bank Robbery on the collapse of the savings and loan industry in the late 80s.

MBA’s Kempner out, replacement a doozy

August 13, 2008

This is old news at this point, but since I’ve been on vacation (a few pics here), I thought I’d note it just the same.

Back from vacation

August 11, 2008

Hello again all. I’m back after 3 weeks in South America on the Amazon River and sailing the Galapagos Islands. The Amazon was fantastic, though the wildlife in Galapagos made for better photographic opportunities: