The Daily asked me to debate an able writer from the American Enterprise Institute about whether or not Mitt Romney's years at Bain Capital are worthy of our praise of criticism.  I think I was pretty even-handed here, as I really don't have it out for the private equity industry, or the finance industry in general.  I think we should have a healthy, vibrant way to help allocate resources towards people's business ventures.

I’m looking for reader input on whether and when I, William K. Wolfrum, should actually do work, or whether I should just look at porn all day.

One example mentioned recently by a reader: “Mr. Wolfrum, there have already been two GOP Primaries and several GOP Debates. You have written nary a word about these events. I wish you would stop spending your days looking at porn and instead try working for a change.”

This week in The Daily, I wrote about the Federal Reserve's white paper urging Congress to act to make it easier to convert foreclosed homes into rental properties, in order to support the real estate markets.  I was happy to see the Fed come to this conclusion, four years too late.

Even though Detroit is hurting, the North American International Auto Show (NAIAS) is still a big deal in the industry. The historically Big Three did fairly well in 2011, particularly Chrysler, which increased sales some 26% more than 2010. I hated Chrysler's product line at last year's Baltimore show, but their Imported From Detroit campaign included several redesigned models. I read one article that attributed Chrysler's comeback to a patriotic fervor stimulated by the 2011 Superbowl advertisement featuring Eminem. That would be ironic, because since June, Fiat owns about 58% of Chrysler Group, LLC.