Monday, April 16, 2007

We're Entering the Terrible Twos!

Doesn't seem like two years ago that Jim Gust started this Weblog. But it is. Some 450 posts have appeared here!

Blog postings are by nature ephemeral. As hopes for estate tax repeal rose and fell, twisted and turned, we told you all about it. Ditto the efforts to at least reform the estate tax, with a reasonable exemption and nontoxic rate. All ancient history now.

A few posts may merit a second look:

“Rich” but in debt. Was anybody really idiotic enough to take out a $5-million interest-only mortgage with negative amortization option? Follow the link to Daniel Gross's article to be reminded of the all-too-recent bad old days.

Trusts for transhumans. Remember the PRT (Personal Revival Trust)?

Who Says Trust Fund Babies Can't Rap?

Brush Up on Shakespeare . . . and See His Last Will!


In the latter 1980s, investors were flipping condos like crazy. The real-estate bubble burst, but around 18 years later they were at it again. Now why does that time span sound familiar? But of course! It's the famous Saros Cycle at work again.

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