Are We As Smart as We Think We Are

In a very thoughtful reply to a Rebelyid posting about how intellectuals and academics miss seemingly obvious points that ordinary people with common sense seem to readily get, Roy Fickling sent this Marylin Savant math problem. I have to confess that it took  some...

Economic Demoralization

Larry Kudlow in National Review July 10, 2009 4:49 PM The Road to Economic Demoralization Washington is going the wrong way. read the whole article here. excerpts And China has no capital-gains tax. It only has a 15-to-20 percent corporate tax. The U.S., on the other...

The Missing Ingredient for the Economy

A friend involved in investment market research believes the stock market is bullish for several reasons one of them being the overwhelming bearish market sentiment. Experienced investors understand that bottoms happen when sellers are exhausted and when bears rule...

Obama’s Czars

1. AIDS Czar: Jeffrey Crowley2. Bailout Czar: Herbert Allison Jr.3. Border Czar: Alan Bersin4. Car Czar: Steve Rattner5. Counterterrorism Czar: John Brennan6. Cyber-Security Czar: Melissa Hathaway7. Drug Czar: Gil Kerlikowske8. Economic Czar: Larry Summers9. Deputy...