This Makes No Sense.
The U.S. government decided to step in and take control of Fannie Mae and Freddie Mac yesterday.
The U.S. stock market responded today by jumping higher: the Dow Jones Industrial Average closed up about 290 points or 2.58% and the S&P 500 was up 25.48 or 2.05%
How can piling on more national debt to “bailout” Fannie Mae and Freddie Mac be considered a good thing for the American economy and American businesses? Read more
The Evacuation Of New Orleans Went Great. The Re-Entry Is Being Botched.
You have to give credit when credit is due.
Those who planned and orchestrated the recent evacuation of metro New Orleans in advance of Hurricane Gustav deserve great credit: by all accounts almost 2 million people were moved out of harm’s way within 48 hours with minimal loss of life.
Great job. Read more
Why Is Barack Obama Not Whipping John McCain?
8 out of 10 Americans think the country is headed in the wrong direction, Republican approval ratings across the board are at their lowest levels since Watergate, the economy is headed south, foreclosures, gas prices, and the national deficit are at all time highs, we’re engaged in a very unpopular war, and our President likes to make up laws as he goes along.
And yet, the Republican candidate for President, John McCain, is now either slightly leading or tied with Barack Obama in most major polls. Read more
Some Questions To Ask Before Buying A Stock
Here are some questions I normally ask myself before making an investment decision:
1. What does this company do to make money?
2. Will these ideas make money consistently over the long-term? Read more
Katrina Meant "Pure." Gustav Means "Staff Of The Gods." How Re-Assuring.
The word Katrina means “pure.” [1]
Following Hurricane Katrina some folks made a verb out of it and implied the storm was “purifying” sinful New Orleans, punishing the city for it wickedness. Read more
McCain Should Pick Huckabee As VP. Promise To Make Ron Paul Secretary of the Treasury.
So Senator Barack “Damn, I just introduced Joe Biden as the next President of the United States when I’m the nominee” Obama has made his VP pick. [1]
Now it’s Senator John “I can’t keep track of how many houses I have but trust me, I can run the country just fine” McCain’s turn. [2] Read more