Last evening I discovered that near no one had seen Scent of a Woman.  The two best actors of my lifetime were surely Dustin Hoffman and Al Pacino.  Oddly Pacino did not win any Academy Awards for the Godfather, but he did for this quirky movie about an accidental Thanksgiving Weekend in New York.  A young…

A tip of the hat to Dr. Sam Rock for this article on Behavioral Economics.  This is what socionomics is all about. This article addresses the herding instinct  meaning we tend to follow the crowd, oh that the crowd was headed in the right direction! that is what Obama is trying to do, head the…

Here in San Antonio we were treated to the first edition of the physically smaller Express News this past Sunday. Not only is the physical size of the paper smaller, the original content contained could probably all fit easily in the Parade Magazine supplement, if one does not count the classifieds as 'original content.' Indeed…

This came in on our TAMUK e mail, beware Greeks bearing gifts from Washington DC! (Ahem…) FBI: Internet Fraud Rates Rose 33% Last Year   Consumer complaints to the Internet Crime Complaint Center (IC3), a joint venture between the FBI and the National White Collar Crime Center, rose by more than 33% in 2008 over…

From the Wall Street Journal MGM Mirage's debt woes are compounded by troubles with the City Center project under construction on the Las Vegas Strip. MGM Mirage is being sued by Dubai World, its partner on the project, over mismanagement and cost overruns. Dubai World, owned by the government of Dubai, skipped its half of…

Carl Perkins may have invented Rock A Billy music but Lil Bit and the Customatics are carrying the torch right here in San Antonio.   Sunday evening at Floore Country Store they ran the gamut from  Jerry Lee Lewis (Whole Lotta Shakin)  to Ernest Tubb (Waltz Across Texas). Lil Bit (click the hyperlinnk to their site) and…

The Governator has hired the LA City Comptroller to oversee the Federal money coming to Caliornia, good idea. No doubt he has watched the bankers et al unable to account for where the money went and does not want to be in that situation. Here is another example of how the economy, at its worst,…

The Editor of Motor Trend describes the GM takeover as pragmatism not socialism. Look back to see my comments on how no one seems to flinch when the US dicates who should run entire countries. Yet the critics that support intervention in countries around the world are upset that the US is actually trying to…

ZZZZ Best provides an extreme example of what ratios can show an alert accountant or in this case perhaps one even asleep at the wheel.  Had the auditors looked they would have realized something was surely terribly amiss. Take a look at this article from the Journal of Accountancy.