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In last' week's article it was described how Ivy League colleges no longer have a Dean's List.  In 2002, when Harvard scrapped the Dean's List, 92% of Harvard undergrads were on the Dean's List.  The number one major at Harvard is economics and the number one destination for Harvard undergrads is Wall Street.  So what did all these supposedly super smart 'Dean's List' students do when they star

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SUMMARY:
We didn't have a financial crisis in spite of so many political, central bank and Wall Street power brokers graduated from Ivy League universities.  Instead, we had a financial crisis because so many political, central bank and Wall Street power brokers graduated from Ivy League universities.

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Two weeks ago - I had to work all last weekend!

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Whenever there is an economic slowdown, there is always a cry for "stimulus spending" by government to help counteract the downturn's effect.  The idea is people who would otherwise be unemployed should be put to work for local, state or federal governments.  Not only will the people working on the project have money to spend, but all sorts of 'infrastructure' will be built.  Like most of what

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