Monthly Archives: May 2009

Archive of posts published in the specified Month

Bad Political Theatre

From American Thinker May 04, 2009A Wind Blows Against The Political SpectrumBy Lee Cary Read the whole article here. Excerpt: So from FOX we get the signature format of battling talking-heads shouting at each other, a fair and balanced format

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Financial IQ

From James Grant’s “Mr. Market Miscalculates. “ “ I urge the regulatory bodies of the U.S. to incorporate an IQ test into their security licensing. No minimum passing grade would be mandated, but no one with an IQ of over

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Hard Lessons on Human Behavior

In1986 Michael Milken received a bonus of $550 million as a senior vice president of Drexel Burnham for a single year’s performance. Drexel Burnham was a revered name on Wall Street with a long history. In 1990 shortly after the

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Orthodox Boxer

Orthodox Chabbad Professional Boxer

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Wait Till The Cycle Ends

From James Grant’s Mr. Market Miscalculates. This is from a piece written on 5/11/2001 “The soundness of a central bank varies inversely with the breadth of its mandate. The more it’s expected to do the longer the odds against its

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Unintended But Not Unforeseen Consequences

Conservatives push energy independence through more energy production including drilling and nuclear. Liberals push alternative fuels such as biomass, solar and wind. While carbon reduction is the primary goal, energy independence is a close secondary goal. While such noble objectives

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Banned in Beirut

In the May 1, 2009 WSJ William Marling writes about books and films banned in Lebanon. Jane Fonda’s films are banned because she visited Israel in 1982. “Torn Curtain” is banned because Paul Newman starred in “Exodus”. “The Nanny” is

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Looter’s At Large

“Only in the political arena could two unsecured creditors receive vastly different treatment, as have the Bondholders and the Unions. The UAW, whose unsecured VEBA is owed $10 Billion by GM, will receive 39% of the GM stock; the Bondholders,

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Car Thoughts

Random thoughts and questions on the automobile intervention: Does the equity stake in GM and Chrysler awarded to the UAW make you more or less likely to buy one of their cars? If oil prices remain low for years to

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Jen’s Quest

I stumbled on this blog through through the Twitter maze. The excerpt is from a Blog called The Jen. I thought this excerpt shows a very thougthful perception of a young woman on a political quest. My generation hates soccer

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Ignoring Basic Principles

I recently finished reading James Grant’s “Mr. Market Misses”, and he noted in his newsletters years ago that something was terribly amiss in the home and mortgage markets years ago. Some time ago I read Nassim Taleb’s “Fooled by Randomness

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Stimulating Reason

Reason Magazine interviews 10 economists on the Stimulus package- “Will We Be Stimulated?” complied by Nick Gillespie- Reason May 2009. Here are some of the morsels offered: “The genius of the American system, for all of its flaws, has been

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How to lose a customer in 10 easy steps

1. Interrupt him – show him that what you have to say is far more important than anything he could possibly tell you. 2. Treat him like an idiot- for example, tell him you are not meeting the competition’s price

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An Ammunition Shortage

In the midst of a hard recession the gun business is booming. The last time sales were this good was during the Brady Bill days of Bill Clinton. So many just feared losing their right to bear arms that many

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