Archive for May, 2011

Which is the more miserable profession?

Political Economy: This Week on Meet the Press
MR. DAVID GREGORY:  …This Sunday, Is Medicare the new third rail of American politics?  Why the fight over the future of an entitlement for 47 million older Americans has become the key battle for 2012, tipping the balance in a closely watched special House race this week in [...]

2012:

Why I like Newt Gingrich, Ron Paul and Michele Bachmann for the highest elected offices in our land
Politics and economy are intrinsically linked. They used to be considered moral philosophy, what Aristotle called Nicomachean Ethics, how men should best live.
http://en.wikipedia.org/wiki/Nicomachean_Ethics

The policies and programmes of the current occupant of 1600 Pennsylvania Avenue failed to deliver [...]

The Death of Debt~

Flight into Dollars and Equities?
Some days we just wake up and say to ourselves, what would blow the collective consciousness the most now?
It took us a long time, but we may have gotten it, divine madness.
So many were conditioned to dollars and equities going opposite directions, it is worth recalling much of the time in [...]

Why we are not selling stocks here,

But buying more bargains like KFT>18.96

Sentiment went from ebullient to bearish in a fortnight, with the pungent whiff of debt default deflation that collapsed Precious Metals and oil for a time.
Many believe/feel this stock market skating on thin ice.

As often stated here on JP, sangfroid makes the money.
While many could be right that the cliff [...]

Bin Laden Oil Boom?

XOM>32.61
As posted here previously and repeatedly, we were richly rewarded for accumulating XOM automatically, the middle of each month, for some time, without commissions or fees, courtesy of Exxon Mobil, Computershare and market fluctuations:
http://bit.ly/eSwvct

Over the last decade, XOM traded as low as 32.61 in September 2002, and as high as 94.81 in December 2007.
XOM was [...]