Random Predictions

McCain will defeat Obama by 6 % points. McCain will be propelled by significant reduction in troop deployments and successes in Iraq. Obama will suffer further setbacks after debates with McCain.Oil will be below $100 per barrel in 6 months. High prices will deflate...

Obama and Oliner on Energy Policy

Obama wanted to levy an excess profits tax on oil companies. Our last experience with this was with Jimmy Carter and it was a disaster. He then proposed to crack down on speculators who are driving up the market. For a man whose financial disclosures showed few...

Polling Sites Added

Just a note that I added links to Zogby, Rasmussen and Gallup Polling sites to the Recommended list on the bottom left. They post regularly updated polls and news stories that are polling related. I also recommend that you view Intrade, which is a betting service that...

Inventory Profits

Let us imagine a time when I bought steel for $400 per ton and sold it for $500 a ton, making a $100 a ton profit or 20% ($100/ $500). The markup would be 25% ($100/ $400).From that $100 I have to cover all of my payroll and expenses which, let’s imagine cost $90 per...

The Truth About Chuck Norris

Ian Spector was an undergraduate student at Brown University and noticed an Internet forum that mocked Vin Diesel’s role in the Pacifier. Spector linked to the site and launched his own www.4Q.cc/vin and created a ‘random quote generator’ where...