Wednesday, November 19, 2008
Monday, November 17, 2008
Last LaughThis is a compilation of interviews with Peter Schiff (Ron Paul's economic advisor), an accomplished economist who warned against the current market down turn for years and in the process became the laughing stock of Wall Street. During one of these interviews Ben Stein recommends buying Goldman Sachs when it was trading at $230. As of this morning Goldman is trading at ... $62.
Tuesday, November 04, 2008
Giving UpObama will likely win. I've never seen 'queues' like this on election day before. (I'm listening to the BBC this morning which is evident that I've really lost hope). I'm waiting for the rain to start this afternoon so I don't have to listen to Obama supporters while I wait in line to do my civic duty.
Somewhat related I was sitting next to Gwyneth Paltrow's mom in Starbucks the other day. She was making phonecalls in Pennsylvania for Obama. Good for her. Talking to 'the American people'. I wonder if she told them she was Gwyneth Paltrow's mom.
I'm going to go get my free Starbucks now and try to come to grips.
Monday, November 03, 2008
Yet another quote that must have been taken out of contextThe latest, (and why this has only been publicized two days before election day is beyond me) is that Obama has no problem with higher energy prices provided we can develop cleaner coal emissions through a cap and trade taxation policy. Do people realize how detrimental this will be to the U.S. economy? Coal supplies more than half the electricity consumed by Americans. Plus it's one of our biggest exports. So not only does this affect coal state jobs and export revenue, but we will all have the burden of additional increases in energy prices.
Obama speaks for the poor people like I speak Gaelic.