Ron Paul, long a critic of the Federal Reserve, has sponsored HR 1207 This time he might actually get somewhere with the idea. HR 1207 has 179 co sponsors, a copmpanion bill has been introduced in the Senate by Vermont Independent Sanders . The way the FED is throwing money around, about time I would…

I always enjoyed Freidman's comments on KLBJ talk radio when I was able to listen. And so I grabbed this one off the shelf at the library. If Tom Clancy had written this as fiction, it would end his writing career. What is amazing is not so much the predictions of hundreds of people in…

The Unintended Consequences continue. My contention all along has been that a GM bankruptcy would put over one thousand GM dealers, and hundreds at Chrysler, out of business. This would spread the distress all over America, not just in the midwest.  Dealers forced to expand to new buildings in the last few years would default,…

Sears SHLD released its earnings last Thursday, showing a positive result. But same store sales are down. This speaks to investigating the whole picture before jumping to any conclusions. Earnings alone are not the whole story.

Here is a nice article on one of our graduates. IN addition it highlights accomplishments of the campus.

Okay, how many of the Fortune 500 companies are headquartered in Texas? If you guessed 113, move to the head of the class!  We will have each student pick a Texas based company for a report in both Intermediate II and Cost class this summer, how about focusing on San Antonio companies first?  My thinking…

We will be studying managerial accounting this summer. Toyota Lean Production Methods now constitutes an advanced cost course in many universities. I ran across these posts from readers at  http://www.motortrend.com In an effort to slow the crash, Toyota Motor Corp. is undertaking a massive overhaul and management reorganization next month when Akio Toyoda takes over…

The New Drug Czar has echoed my concerns for many years. THat is a link to a WSJ article so it may or may not work. The upshot is that the White House Office of National Drug Control Policy, Gil Kerlikowske beleives we have a War on People, not on things.  And that is the perception…

Black Swans Ahead   We recommend Malcolm Gladwell's Tipping Point as well as Outliers, add Nassim Taleb's  Black Swan.  The reader will be on the  way to understanding just how dangerous  this environment can become. For centuries it was believed no Black Swan existed, then one was discovered in Australia.    The point of these best…

As Hugo Chavez continues to blame his problems on foreign investors, his expropriation of their property continues. Jim Rogers predicted it would end this way, when others were worried about the rise of socialist governments in South America he remarked that none of those programs would work anyway, sure enough, here we are. I suspect…