• Wasteful Spending at Milwaukee Public Schools

    I have spent plenty of time ranting about the employee costs at Milwaukee Public Schools. The bulk of the problem is teacher salaries and benefits, which average $100,000 per teacher per school year. In order to make things work financially […]

  • Get over the Facebook privacy drama

    Today Daily Finance has published an article by me about the current state of the Facebook privacy drama. Simply put, it’s completely overblown. I don’t like the fact that Facebook seems to make huge changes just when I’ve finally figured […]

  • Someone is Finally Starting to Talk Sense at MPS

    No one is really solving the money problems at Milwaukee Public Schools, but finally the school board is at least talking sense about some of the costs. Last night the school board made it clear that if MPS teachers want […]

  • No Surprise: MPS is Cutting Teachers Because of Out-Of-Control Employee Costs

    Yesterday it was reported that Milwaukee Public Schools is cutting 684 jobs, which includes 260 teachers. The reason? Out-of-control employee costs, thanks to the teachers’ union. The first thing you’ll hear is how the district doesn’t have money, and more […]

  • Lennar Corp: Being Right Feels So Good

    On January 7, 2009, Barry Minkow and the Fraud Discovery Institute issued an initial report on Lennar Corporation (NYSE:LEN), citing 10 Red Flags of Fraud.  Lennar immediately came forward and called FDI and its investigators liars, saying in one press […]

  • The Heart of the Milwaukee Public Schools Problem: Employee Costs

    Every year we hear how Milwaukee Public Schools (MPS) has a budget problem. We’re told they simply don’t have enough money to operate the school system. That is an outright lie. Every year they increase spending. Here is a breakdown […]

  • This is Why Welfare Sucks

    There are many different types of welfare. There are straight-up handouts to those who haven’t earned them. There are programs to bridge a gap and help a family in dire need. There are things like unemployment, which people somewhat earn […]

  • The U.S. Government Wastes Our Money, and Wants Us to Let Them “Run” Health Care?

    You don’t have to look far for examples of the ineptitude of the American Government. They waste billions and billions of dollars each year, but somehow, we’re supposed to believe they’ll do better with health care? Hardly. It’s not even […]

  • Timothy Sykes Calls Foul, Shaq and His Lawyer Cry

    Timothy Sykes is a fantastically successful blogger, penny stock trader, and educator. He makes a living by teaching people how to recognize “pump and dump” schemes by penny stock promoters… and then short those stocks for a profit. They make […]

  • Financial Motive For Arson?

    One type of case I really enjoy working is suspected arson. On either a personal or business level, an insurance company may be looking for a motive when arson is supsected. A difficult financial situation is one obvious motive for […]