Here is your entitlement mentality at work. Here are people who don’t understand the meaning of “I am willing to do anything to get a job” but dont realize that this means you have to do work you really dislike. socialism works until you run out of other peoples money, and the globe has simultaneously […]
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Tea baggers confuse leadership with ideological purity
By playing their game of tactical chicken to appease a subset of the republican party, the GOP has already walked away from the best deal they were going to get; There was a chance to get important concessions on major entitlements, but the no new taxes mantra puts us back into gridlock. The deal that’s […]
This is what you get
This is what you get when you essentially compress an industry into a utility and put governmetn in charge of it: massive cost overruns, unreliable forecasting predictions, lack of accountability, and no viable alternatives. Given the record of government’s ability to deliver on time, on price target, to standard, is it really a good idea […]
fantastic World Cup championship game, congratulations to Japan!
Congratulations to Japan on winning the women’s World Cup in soccer in a beautiful demonstration of what soccer can be. Both teams played to the highest level and played beautifully. The soccer gods were smiling on the Japanese and the Americans will be kicking themselves for their inability to convert their numerous chances in the […]
Obama’s truthy truths
The writer cant wait to make the point that even though Obama’s story about his mother and her insurance strugglers arent exactly true, the LARGER ISSUES are still pertinent Its truthy without being burdened down by the weight of actual truth. Much like his claim that 80% of the people are in favor of tax […]
weekend strategy report for July 16, 200
Market in Bull Normal; Market is Oversold on a short term basis Equities sold off this week, with volatility increasing slightly Blended monthly rebalancing, current holdings: 26 ETF portfolio: FXF, IYR, IEV 13 ETF portfolio: IYR, DIA, EFA next re-evaluation on/about 1 Aug ETF2 notes: no change, adjust stops Theoretical exposure is recommended at 50%; […]
the only surprise is why it took so long to introduce the race card
Sheila Jackson Lee is usually much quicker, maybe she’s just getting tired http://thehill.com/blogs/floor-action/house/171807-sheila-jackson-lee-suggests-congress-complicating-debt-ceiling-because-obama-is-black memories are pretty short apparently when it comes to the disrespect that previous presidents have been shown in difficult negotiations. You’d think that by now politicians would’ve learned to disregard what other people think about them; that doesn’t seem to be one […]
Weekend report review, exec summary for Jul 09, 2011
Market in Bull Normal; Market is Overbought on a short term basis Equities maintained the gains this week, with volatility declining slightly inspite of weak employment numbers Blended monthly rebalancing, current holdings: 26 ETF portfolio: FXF, IYR, IEV 13 ETF portfolio: IYR, DIA, EFA next re-evaluation on/about 1 Aug ETF2 notes: no change, adjust stops […]
Bad form in Britain, when it comes to respecting our own legacy
Obama is willing to use Reagan for his own purposes when appealing to the moderate Right, but when the Brits offer a tribute to Reagan on Independence Day (remarkable maturity by the Brits dont you think?!), our ambassador, who’s chief qualification is his effectiveness as a fund-raiser, can’t be found. His absence was both remarkable […]
The cost of payback, using GAAP
This is what comes from an effort to divert market energy into central planning schemes designed to reward Democratic constituencies. When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact […]