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Another Mouth to Feed

Monday, November 16th, 2009, by

The gravy train of mindless stimulus spending now has the nation’s newspaper industry lining up for their share of the swag. I just finished watching the Journal Editorial Report (JER) broadcast twice daily every Saturday on the Fox News Network.  You need to add this to your information mix in order to watch intelligent discussion […]

Your Government Hard at Work, Part II

Monday, October 19th, 2009, by

Well okay, everyone is entitled to have an off day. But the evidence suggests that the Fed’s haven’t got a clue as to how to maximize the asset sales of their newly nationalized holdings. The most recent buzz is over the shotgun sale of the old Phibro (originally known as Phillips Brothers) oil trading firm […]

Your Government Hard at Work, Part I

Friday, October 16th, 2009, by

This might be an opportune time to see how our Uncle Sam is working to protect our newly nationalized insurance and banking industries. We’ve just had two back to back announcements on asset disposition that will help to shine a spotlight on the hard working Feds out to protect their taxpayer investments. Today we will […]

Social Promotion

Wednesday, October 14th, 2009, by

That’s the term teachers and school administrators use when they advance the dim and failing students to the next grade level…even when they have not qualified for promotion. It was certainly one very effective way to make sure no child was left behind… …and it avoided the accountability trap that was later set when objective […]

Medicare Makeover, Part I

Tuesday, October 6th, 2009, by

For the younger readers whose eyes automatically glaze over when the subject of Medicare or Social Security is brought up….you’d best pay close attention. After all, you are the ones who are going to get stuck paying the tab. The health care reform debate continues to rage on, and my prediction as to the outcome […]

The New World Order

Wednesday, September 30th, 2009, by

Investing insights range far beyond the arcane world of financial statements and Federal Reserve policy decisions. The foundation for investment is an economic order based on private property rights, the sanctity of contract law…and most importantly… Peace and Stability I’m now tracking a highly volatile global security issue that threatens to be the dominant theme […]

Life Expectancy Humbug

Friday, September 25th, 2009, by

That’s the title of a must-read article in the September 21, 2009 issue of Forbes…by Marie-Josee Kravis, a senior fellow at the Hudson Institute. You know the drill by now.  There are three kinds of lies. Lies… Damned Lies…and Statistics. The statistic du jour that is bruited about to disparage our present health care system […]

The Company Store

Tuesday, September 22nd, 2009, by

Younger readers will not be familiar with the term. In years past, small factory or mining towns, dominated by one major employer, would often pay the employees in scrip redeemable only at the company owned store. Of course, they abused their monopoly pricing power, and held the hapless employees in thrall to their meager, overpriced […]