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When Financial Statement Analysis Becomes More of an Art than a Science

Part of a global equity analyst’s job is to deconstruct the financial statements of companies from around the world. This can be a harrowing task, especially when one considers the multitude of differing accounting standards practiced in countries outside the U.S. American companies and foreign companies listed on domestic exchanges must report financial data using […]

Desperate and Ugly in Florida

The same ugly tactics that worked for the Clinton administration during impeachment are now being used by Al Gore in a last desperate effort to capture Florida and the presidency. These tactics include creating as much noise and chaos as possible in the media, with reckless and inflammatory charges made by professional loudmouths, led by […]

Dr Laura: Moralistic Busybody

Moralistic busybodies, like “Dr. Laura,” love to tell you: “Thou shalt not…” Under the pretense of originality, Dr. Laura even wrote a book glorifying The Ten Commandments. Did she ever stop to think: If human civilization is still in such a moral mess after all these centuries, might not something be wrong with the moral […]

A Vicious Double Standard in Journalism: Fog Horns of the Fourth Estate

TV journalism means never having to be truly sorry. You would think that after last Tuesday’s election coverage fiasco, the broadcast networks might show a smidgen of humility. Instead, NBC and MSNBC — which led the blow-dried lemmings in erroneously awarding Florida to Vice President Al Gore — ran self-congratulatory promotional ads this week. NBC […]

Al Gore’s Coup D’Etat

Karl Marx said it best: “Audacity is 90 percent of the battle.” Lenin showed that he had learned this Marxist lesson well when he declared his tiny band “the majority” and seized power in Russia in the name of a non-existent proletariat. It is the year 2000 in the United States, not 1917 in a […]

It’s Time to Call the Bush Victory

It’s time Vice President Al Gore and the Democratic Party concede that George W. Bush won the popular vote in the state of Florida, thereby winning the Electoral College and becoming the President-Elect of the United States. George Bush won the popular vote in the state of Florida on the first count of ballots election […]

The Two Americas

The vote last Tuesday wasn’t even close. I know what you’re thinking. If you look at the national totals, the electoral college count, and the chaos in Florida, this election is probably the closest in history. But look at it again, state by state, precinct by precinct, and you’ll notice a very different story. For […]

International Markets Handle American Political Risk

There is an old saying that when the U.S. market sneezes, international markets catch a cold. This week, the election seems to have contributed to a big sneeze in the U.S. markets, but foreign markets handled it with little more than a sniffle. A number of foreign media sources have even gloated over America’s electoral […]

True Love Demands No Sacrifices

Never ask your spouse or partner to make a sacrifice for you. If you really love someone, then you don’t wish to control them. It’s not that you merely won’t ask them to do something they don’t want to do. We’re not just talking about manners here. It’s deeper than that. It’s that you don’t […]

Al Gore’s Legal Fishing Expedition: Who Cares About Election Fraud Now?

Faster than you can say Court TV, a high-priced flock of Democrat Party lawyers packed their polo shirts and jetted to Florida to investigate claims of election fraud. Al Gore’s presidential campaign is reportedly drumming up $3 million from lobbyists to pay for the legal fishing expedition. Democratic National Committee spokeswoman Jenny Backus was quickly […]

“Blood In The Streets” in Asia — Again.

While the eyes of the world have been focused on the spectacular rise and fall of the NASDAQ over the past 12 months, Asian stocks have had an even more spectacular ride, declining to levels not seen since the depths of the 1997-98 Asian financial crisis. The Asian economic crisis began in July 1997 with […]