Alan Greenspan has taken time from his job as understudy to the Count on Sesame Street to reminisce about the economy that could have been. Looking back on the crisis of ’08, Greenspan said that he sees now that everyone knew the housing bubble was an issue, but no one foresaw its ultimate scope.  Brilliant. It’s reassuring to know hindsight is 20/20, even at  87.

Links

-> Bubbles and leverage cause crises

-> Redistributing Wealth From Working Moms

-> Don’t Hold Your Breath on Marijuana Investment

-> 10 Things You Need To Know Before The Opening Bell

-> The 10 Simplest Brands In The World (And Why They’re Successful)

-> Listless Job Growth Likely Pushes Fed Taper To March

-> How (and Why) to Throw a Kick-ass Company Retreat

Top Photo:  Gerwin Sturm via Flickr

Was it the chicken or the egg that came first?  A new ‘study’ is out, linking the low wages of fast food mavens like McDonald’s and Taco Bell to the glut of people on the government dole, and on the surface, that makes sense, but in reality that’s like blaming car makers for car insurance requirements.  Just because the qualifying threshold for welfare coincides with the income level for a number of people working in fast food, doesn’t mean Ronald McDonald is ripping taxpayers off.  Business is booming for fast food, maybe they’re doing something right.

Links

-> Fast Food Companies Outsource $7 Billion In Annual Labor Costs To Taxpayers

-> Politically Connected Firms Got Lion’s Share of Health Exchange Contracts

-> Bob Costas’ War on Words

-> Three Secrets to Making an Impact With Few Resources

-> 6 Personality Types to Ban From Brainstorming Sessions

-> 2 Collapsing Stocks Have Whacked 100 Points Off The Dow

-> 10 Things You Need To Know Before The Opening Bell

Top Photo: Ellyn via Flickr

If there is a need, the market will fill it.  Everyone has a need to be loved and one new business in Madison, WI wants to make sure that everyone’s need is satiated, for a price.   The Snuggle House is open for business today and for $60/hour you can get one-on-one time with a ‘professional snuggler.’  Elsewhere, the Govt is refusing to satiate the public’s thirst for water, go figure.

Links

-> Congressmen (and Reporters) Get Free Flu Shots During Shutdown

-> 10 Things You Need To Know Before The Opening Bell

-> Elderly Parents Can Now Sue Their Children for Financial and Emotional Support

-> Why You Should Be Renting For The Rest Of Your Life

-> The One Question Every Entrepreneur Asks

-> WATCH THIS: 3 TIPS TO GET MORE WORK DONE 

-> Stocks Stage Upside Reversal In Lower Trade

Top Photo: MissMessie via Flickr