Economy
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California Fires
The big story coming out of California is of course the Woolsey fire which is destroying Malibu. Our President, true to form, has injected himself into the issue and not in the most positive way. Instead of displaying compassion, the President focused on the mismanagement of the California forests. Hollywood activists are enraged. Well, they…
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Our Phony Media
Why is the media liberal? The oligarchs who control the media are greedy capitalists who are consumed with making money. So why do they support a socialist agenda? They do so because they’re not true capitalists but socialists posing as capitalists. True capitalists take risks with their own money. These oligarchs do nothing of the sort.…
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My Land of Lakes, Sweet Land of Liberty
Just the other day Land of Lakes butter decided to rescind support for Representative Steve King of Iowa. I suppose they think he is some sort of racist or bigot. Well, maybe he is. I don’t know. He sure sounds extreme. There are many, many of his views I disagree with. My question is this: Why does Land of…
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The Bond Scam
What would happen if we got rid of the bond market I’ve been looking at the bond market for over 35 years, and it’s as confusing today as it was 35 years ago. It shouldn’t be confusing for a bond is just a loan. Yet economists have gobbledygooked bonds into a state of incomprehensibility. They…
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Death and Resurrection
Venezuela is dying. The country lived large a few years ago; it was making a helluvalota money in oil with which it lived large. Unfortunately Venezuela didn’t follow the advice of Ben Franklin who would have advised them that a penny saved is a penny earned. Or to save for a rainy day. Instead Venezuela…
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Why Trump Punches Low
Why is Donald Trump behaving the way he does? Every day brings a new low for the President as he insults people’s physical features, as he breaks all social taboos. The media regularly deplores his actions. Trump’s fans cheer, but it’s doubtful that his cheering fans would behave in the same manner. They know the…
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Pain, Brexit, Reality
I hate pain because it tells me that something is wrong. I’d much rather live in pain than do something about it. Inertia is a powerful force. Pain ruins my day. Pain means I have to take time off and fix it. I don’t want to take time off. I want my life to be the same. I’ve…
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The Stock Market
Since the stock market is falling, I thought it would be a good idea to give you some rules in the stock market. These are some lessons that I have learned over 35 years. I list them not necessarily in order of importance. Invest in what you use and believe in if you think the…
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The Art of Mumbo Jumbo
Have you ever listened to a business school graduate speak? Unless you’ve been reverse-engineered like he has been, you can barely understand a word. That’s right, reverse-engineered. These business schools specialize in reverse-engineering. They take bright people and make them stupid. They turn diamonds into lumps of coal. They do it with stupid juice and…