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Our Wealth Management Blog, View from the Bluff, will explore the world of investments, financial planning, insurance, tax issues and more. We'll have a number of authors help us out here, as well as give you a look at what is of interest from around the web. We'll also let you know about new material in other sections of the site that might be of interest.

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Barry Ritholtz jumps on one of my pet peeves, the whole "gobs of money on the sidelines" scam (silliness, nonsense or delusion work also) which constantly crops up in financial commentary. Folks, don't fall for it. The stock market may rise or fall in coming months but "money on the sidelines" will not have anything to do with it. Barry resurrects an old John Hussman piece which is one of my favorite dissections of this myth:

Our government is now on the hook for trillions in mortgage loans, and traders are making money selling them more debt. The problem is that the bailout just may be suffering losses that are leaving our government scrambling to shuffle the pea from cup to cup. From Heidi Moore:

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