$5 Will Get Makeover Afterall

If you’re a fan of the new monopoly-colored $10 and $20 bills then you’re going to love this! The Associated Press is reporting that the Bureau of Engraving and Printing is changing it’s mind and will redesign the $5. The change is in response to a growing new scam in which counterfeiters are […]

Money Growth is Not Evil

Steve Conover over at The Skeptical Optimist has an excellent introduction to a series of posts on money’s role in the economy. Like Steve I am a firm believer in the fact that an increase in the money supply is not necessarily a red flag for inflation concerns… instead it’s a way of keeping […]

Customer Support In India: Economic Genius or Customer Nightmare?

I was relieved this week to learn that Apple had decided to close down it’s India-based customer service center. Apparently, Apple told workers in a meeting on May 29 that “the company is revaluating its operations and has thought of pulling back its Indian operations.” I’m all for globalization and international operations, but I’m also […]

Why Boycotts Don’t - and Won’t Ever Work

You’ve undoubtedly received at least one email forwarded from a friend telling you that if everyone boycotts gas next Tuesday that oil prices will come down and oil companies will be “forced to listen.”

The same tactic has been used over the past few weeks by immigrants who are calling on their fellow immigrants to boycott […]

Congress’ Version of Sarbanes-Oxley: Car-Box?

I’m not sure if you’re aware or not, but fairly recent legislation has provided job security for almost every accountant. It’s called “Sarbanes-Oxley” or “SARBOX” for short - and it was created in the wake of Enron and WorldCom to prevent similar corporate fraud. It’s basic function is to (1)formally assign responsibility to […]