Re: financial illiteracy

From the American School of Entrepreneurship

We normally don’t write about politics or economics, but the feverish comments about ‘default’ and associated topics by pundits, radio talk show hosts and other are just too much.

We’d like to inject, for our readers at least, some financial sanity into the discussion.

About the only national pundits on this topic who know what they’re talking about on the default topic are Rush Limbaugh, Dr. Charles Krauthmmer and George Will, who have all correctly used the ‘default’ term.

It’s clear that most of the national punditry never took a course in finance.

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