Archive for June, 2011
« Previous EntriesMy Thoughts on President Obama’s Interview with Ann Curry…
Thursday, June 30th, 2011Lots of conservatives are giving President Obama a hard time over his comments on the economy (starts at around 2:00). Visit msnbc.com for breaking news, world news, and news about the economy He mentions that technology has taken jobs from people. He’s right. But… He’s not seeing the full picture. Technology may replace workers but [...]
A Little Hump Day Humor For You…
Wednesday, June 29th, 2011For some reason this scene from The Jerk popped into my head and I had to find it:
Lawerence Lindsey: The Deficit is Worse Than We Think
Tuesday, June 28th, 2011Lawrence Lindsey wrote an interesting op-ed piece for today’s Wall Street Journal titled The Deficit Is Worse Than We Think. He points out three reasons for concern: 1. The projected interest rates are based on 2.5% while the average interest rate in the past has been 5.7%. The 10-year rise in interest expense would be [...]
S&P 500 Index First Six Months, Second Six Months, and Annual Returns
Thursday, June 23rd, 2011As you know, I like to take my S&P 500 total return data base and look at the numbers in different ways and then post what I have found, regardless of the outcome. My latest look at the data involved looking at the returns for the first six months of each year and seeing what [...]
Food Stamp Fraud
Thursday, June 23rd, 2011Interesting opinion piece in today’s WSJ about food stamp fraud. The last paragraph pretty much sums it up: H.L. Mencken quipped that the New Deal divided America into “those who work for a living and those who vote for a living.” The explosion in the number of food-stamp recipients tilts the political playing field in [...]
Housing Woes Continue…
Wednesday, June 22nd, 2011From today’s Wall Street Journal: … Sales of homes under $100,000 were up 6.7% nationwide in May, compared with a year earlier, led by a 58% gain in the West. Meanwhile, sales of homes priced between $100,000 and $500,000—which represents the vast middle tier of the market—declined nearly 19%. The middle tier of the housing [...]
Report: Many Americans Will Not be Able to Retire Until They’re 80s
Tuesday, June 14th, 2011Lou Dobbs: “The Baby Boomers have been a highly irresponsible generation.”
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