So Which Is It? Hmm

| October 13, 2011

“A conflict exists between competing certainties: Between followers of Faith, who know because they believe, and followers of Reason, who believe because they know” 

How Poetic, Little Did Mark Twain Know How Timeless His Quote Would Be!

| October 13, 2011

“Suppose you were an idiot. And suppose you were a member of Congress. But then I repeat myself” ~ Mark Twain

A Little Chit Chat At COMDEX…Hmm

| October 11, 2011

At a recent computer expo (COMDEX), Bill Gates reportedly compared the computer industry with the auto industry and stated:‘If Ford had kept up with technology like the computer industry has, we would all be driving $25 cars that got 1,000 miles to the gallon.’ Did he really say that? Upon some thought, here is the […]

Twelve Opinions From World Respected People About The Economic Crisis At Hand

| October 3, 2011

We should say this is a horrific economic crisis that’s about to get (out of) hand…..Debt is a very cruel master. It will almost always bring more pain and suffering than you anticipated. It is easy to get into debt, but it is very difficult to get out of debt. In the end, we will see that the debt-fueled prosperity […]

In Memory Of September 11, 2001

| September 10, 2011

Image was courtesy of www.ingerletter.com

Federal Reserve Bank: Hard Years Ahead For Baby Boomers

| August 22, 2011

Demographics my dear Watson……According to a Federal Reserve Bank report just out stocks could fall an average of 13% over the next ten years solely because of retiring baby boomers. The actual P/E ratio should decline from about 15 in 2010 to about 8.3 in 2025. The model-generated path for real stock prices implied by demographic trends […]

We Would Pay Attention If We Were A Wall Street Banker

| August 15, 2011

Couldn’t have said it better……home owners are already ahead of this curve! “You just slip out the back, Jack. Make a new plan, Stan. You don’t need to be coy, Roy. Just get yourself free. Hop on the bus, Gus. You don’t need to discuss much. Just drop off the key, Lee. And get yourself […]

U.S. Postal Service (USPS) Says It Will Be Insolvent By Next Month

| August 11, 2011

It couldn’t happen to a worst run government enterprise.  Excuse us, second worst, Fannie Mae probably takes the brass knuckle.  Our advice….give the whole pile of crap to United Parcel Service (UPS), they would only need to black out one initial.  Not to be too greedy, it might even be smart to pay them to take everything,…even […]

Fine Dining in Zurich, Switzerland

| August 9, 2011

A Big Mac priced in U.S. Dollars is $17.19 (for one), in  Zurich….But Fed Chairman Bernanke says we have no inflation.  Question to Mr Burnanke:  Just how did a McDonald’s Big Mac get so expensive in Zurich?  Um…..

When Ever We See The Government Working Hard On Something, We Like To Drag Out Of The Closet The Good Old Governmental Flow Chart

| July 31, 2011

We couldn’t be more poetic if we tried…… scratch Pelosi from this chart and substitute Boehner, but it won’t change a thing!

Apple Goes On A Rodent Killing Binge And Kills The Mouse

| July 21, 2011

Apple’s newest Lion software upgrade is laying in wait to test out the latest Mac book computer.  Bloomberg reviews the newest tech below! Apple says its newest operating system called Lion won’t need a mouse, that’s right, no mouse…..Lion, is the new version of the software that runs Apple Inc. (AAPL) s Macs and is also the first personal-computer operating system […]

Rocks As Big As Diamonds….

| July 21, 2011

Treasury exits Chrysler bailout with $1.3-billion loss……declared it a success. The Chrysler Group bailout officially ended Thursday when the Treasury Department sold off its remaining stake in the automaker, and the final tally shows the taxpayers lost $1.3 billion.  The Treasury is unlikely to recover the remaining $1.3 billion. But Tim Massad, the Treasury assistant […]

So Easy Even A Dog Can Do It….Well Sort Of

| July 21, 2011

Medi is her name and Meditation is her game….Medi asks, now can I have my biscuit?  By definition the English word meditation is derived from the Latin meditatio, from a verb meditari, meaning “to think, contemplate, devise, ponder, meditate”. The subject gets even deeper but this will do for now. www.jsmineset.com

Steve Wynn On Barack Obama: “This Administration Is The Greatest Wet Blanket To Business And Job Creation In My Lifetime”

| July 18, 2011

Steve Wynn is very wealthy and very smart.  When he talks, people tend to pay attention….no pun intended!  During the Wynn corporate earnings call, Steve Wynn gave without doubt the most blistering and scathing critique of the Obama administration by anybody yet, and he’s a Democrat. From the call transcript: I believe in Las Vegas, I think its best […]

Happy Independence Day And Fourth Of July To All Americans

| July 4, 2011

Today commemorates the day of the Declaration of Independence for the United States Of America.  It was on this day, July 4, 1776 that the United States declared its independence from the Kingdom of Great Britain.  It is also known as …..The Fourth of July,  The Glorious Fourth and The Fourth and is a federal holiday in the United States.   From […]

U.S. House Rejects Increase In Debt Ceiling To $16.7 Trillion

| May 31, 2011

The answer is NO….In a symbolic vote, House GOP leaders voted against a debt ceiling increase of $2.4 trillion to a new ceiling of $16.7 trillion….the final roll call: Nay (Republicans 236, Democrats 82), total: 318 Yea (Republicans 0, Democrats 97), total: 97 Not Voting (Republicans 3; Democrats 6); 9  www.zerohedge.com

Could The Government Be Stuck Like A Hound Dog?

| May 16, 2011

So here’s the real question…..is any kind soul going to bother pulling your stupid dumb ass out of this precarious spot you’ve put yourself in!  Sort of reminds us of the U.S. debt situation, kind of stuck between a rock and a hard place trying to raise the debt ceiling.

Interesting Tid Bits….Why We’re A Broke Society

| April 12, 2011

There are now 6.4 million fewer jobs in America than there were when the recession began, but the government says the recession is long gone…….. Total home mortgage debt in the United States is now 5 times larger than it was 20 years ago…..so we’re talking 5 times larger than 1991 folks! Wow, and people wonder why we’re […]

The Dance Of The Strandbeests

| February 9, 2011

Amazing! http://www.talkingscience.org/2011/01/the-dance-of-the-strandbeests/

The Story Of Johann Gutenberg….Who’s That You Say? Read On

| February 3, 2011

From Art Cashin on the floor of The New York Stock Exchange On this day in 1468, one of the most influential figures in the last 2000 years (and maybe all of history) died.  To keep things in perspective try to remember a few things:  Leonardo Da Vinci was seven years old, Michelangelo had not […]

A Fabulous Story, My Good Watson

| January 31, 2011

From Art Cashin on the floor of The New York Stock Exchange On this day in 1876, an already legendary medical professor at Edinburgh University began to address a new group of students.  He began his lecture with his usual demand for observation.  He pounded on his theme of the “vast importance of little distinctions” […]

Donald Trump Says A Mideast Explosion Could Destroy OPEP While Lowering Oil Prices…And Tells Us How He Would Rebuild America

| January 31, 2011

Whether you like him or not, most would probably agree after reading this that Donald Trump would show us how an Eagle with clipped wings (the U.S.) can fly again.  This guy gets it.  You want to see growth again in the U.S., then here is the man for the job! So Donald, tell us how you really feel […]

Listen Up Everyone…This Is Important! … You Will Likely Have But One Chance To Get This Right!

| January 23, 2011

We have followed Clif Droke for a number of years, and his record with the Kress Cycles is one step ahead of most others. The Kress cycles will take on the financial markets, and by extension the economy from 2012-2014.  This will come as a shock for the most optimistic observers.  The final “hard down” phase of the […]

A Short Neurological Test

| January 21, 2011

Let’s Get Started Here: 1- Find the C below..    Please do not use any cursor help. OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOCOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 2- If you already found the C, now find the 6 below. 99999999999999999999999999999999999999999999999 99999999999999999999999999999999999999999999999 99999999999999999999999999999999999999999999999 69999999999999999999999999999999999999999999999 99999999999999999999999999999999999999999999999 99999999999999999999999999999999999999999999999 3 – Now find the N below. It’s a […]

Proposed 28’th Amendment To The United States Constitution:

| January 18, 2011

An idea whose time has come!  We would ordinarily say “send a letter to your congressman”, but they’re in a self serving mode with these entitlements, so let’s send this to everybody else that you can think of! Many citizens have no idea that members of Congress retire with the same pay after only one term, […]

Jeremy Grantham On Ignoring Eisenhower’s Warnings

| January 14, 2011

Wow!  How is it possible that we collectively seem to have forgotten this clear warning? It appears that Eisenhower’s worst fears have been realized and his remarkable and unique warnings given for naught.   “As we peer into society’s future, we – you and I, and our government – must avoid the impulse to live […]

Sunday Evening Update: Congress Woman Gifford’s Condition

| January 9, 2011

A second person sought in Tucson shootings is said to be cleared by authorities…..Was cab driver of the shooter. Reporting from Los Angeles and Tucson — The bullet that passed through U.S. Rep. Gabrielle Gifford’s  brain tore through only one hemisphere before exiting, missing the crucial central parts of the brain that control most bodily and […]

A Homeless Man’s Inspiring Story

| January 5, 2011

CLEVELAND — With a deep, refined voice, one that had been sadly misplaced, Ted Williams simply asked for help to get him off the streets. He’s been heard. Left homeless after his life and career were ruined by drugs and alcohol, Williams has been offered a job by the NBA’s Cleveland Cavaliers and is being […]

A True Story From 1931

| December 21, 2010

On or around this day in 1931, America was spiraling into the depths of the Depression.  Thousands of banks had closed and there was a national panic that more closings might be imminent.  And large corporations announced huge layoff programs, stunning many who thought they were safe.  Those who had a job were grateful just to be […]

Quote Of The Day

| December 18, 2010

“Make Each Day A Masterpiece!”                            John R. Wooden – UCLA Basketball Coach

The Real Story Of Eonomic Inequity In The United States (Must Listen To Video)

| December 10, 2010

Economic Inequality…..we present a great 3 minute summary, which even a third or fourth grader will understand.   What is gradually becoming accepted as the most troubling social, economic and political development in America, namely a record amount of income,wealth and social inequality. From the CBS 60 Minute interview of Fed Chairman Ben Bernanke: Q: The gap between rich and poor in this […]

Kindergarten Economics 101A

| December 10, 2010

For those who understand this, no explanation is needed.  For those who do not understand this, no explanation is possible, you flunked kindergarten. Kindergarten Economics….The Tax System Explained In Layman Terms Ten men go out for beer and the bill for all ten comes to $100…If they  paid their bill the way we pay our taxes, it would go […]

Federal Workers Making Over $180,000 Increase By 2,000% In The Past Five Years And Congress Is Planning On Giving Them A 1.4% Across The Board Pay Raise. At The Same Time Social Security Recipients Get A 0% Cost Of Living Raise….That’s Right, ZERO

| November 15, 2010

Write your congressman about this!  On second thought maybe not, they’re in on this whole ruse.  Yes, it is a ruse! Since 2000, federal pay and benefits have increased 3% annually above inflation compared with 0.8% for private workers, according to the Bureau of Economic Analysis. Members of Congress earn $174,000, up from $141,300 in 2000. […]

The Resilient Household

| November 14, 2010

Hallow’s Evening….Or As We Now Know It, Halloween

| October 31, 2010

Back in (approx.) 823 B.C., the most inventive, charming and clever people ever to grace God’s green earth came up with an ingenious idea.  They were, of course, the Irish (at this time A/K/A the Celts).  Being bright they did not labor upon the obvious.  So they let somebody else invent fire, the wheel, iron, […]

Forbes Ranking of 400 Wealthiest Americans

| September 23, 2010

The cutoff for the Forbes 400 wealthiest americans list is back up to $1 billion after falling to $950 million last year, and on average they are down about 13% from the high mark a few years ago. Bill Gates, the co-founder of Microsoft Corp., remains the richest American with estimated assets of $54 billion, according […]

France Wants To Raise Its Retirement Age From 60 To 62….And The Workers Come Unglued

| September 7, 2010

So…….What’s going to happen here in the good old USA when, not if our congress gets around to this.  Hint….. judging from the french reaction,  it won’t be pretty!   If you would like to know more about the demographic problem, just go to Categories on the left and click on Pensions and Retirement.  There is plenty to read about on the […]

Paradoxical Thought For Today

| September 6, 2010

  “Fathom the odd hypocrisy that Obama wants every citizen to prove they are insured, but people don’t have to prove they are citizens.”               ~ Ben Stein

The Old Normal Worked Well……So What We Really Need Is A Back To The Future Event

| September 4, 2010

Without tax incentives, this may all be for not……..John Mauldin explains the simple facts of job growth…..Want to increase productivity and jobs? The best way it seems, is to encourage private business, and especially startups.  “So we can’t count on the Intels or Microsofts to create employment: we need the entrepreneurs.”   Delta Force There are […]

Distribution Of Net Worth…Getting Current Using Fuzzy Logic

| September 4, 2010

Even after looking at the market’s rebound from the lows of 2009, nest eggs remain severely impaired.  As of the first quarter of 2010, net household assets—homes, 401(k) plans, pension assets and other investments minus debts—stood at $54.6 trillion, down an average of 18% from the end of 2007.   We actually think the losses are higher but we’ll […]

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