Washington D.C., Our No-Spine Zone
Suppose one day you meet with a security specialist to safeguard your business. They’re called “For Everyone’s Defense” — FED. Fed tells you what bad things could happen and how they’ll protect you from them. You say okay and sign...Laffer’s Curveball
Arthur Laffer’s op-ed piece in the Wall Street Journal (November 21, 2001) will set supply-side tongues wagging — or more likely, supply-side teeth gnashing. The upshot is: Laffer is endorsing the idea of a 10-day federally underwritten suspension of state...An INS Horror Story
The INS bureaucracy is a cesspool of elbow-rubbers, string-pullers, chest-puffers and cover-uppers who care more about protecting their backsides than upholding the law. Look no further than the man who currently heads the U.S. Immigration and Naturalization...The Trouble With ‘Timing’: It Doesn’t Work
In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will go up or go down. Over the long term, stocks generally rise at a nice pace. History shows they...Arianna Huffington is Wrong Again! Profit is a Virtue
It’s tempting to accuse someone like columnist Arianna Huffington of profiting from capitalism, given the tirades she’s launched at certain industries. Since she’s attacking profit (alternately spelled “heinous”), I would expect...Protect Yourself Through Diversification
Warren Buffett, who was probably the greatest investor of the 20th century, is fond of quoting the salacious actress Mae West as saying, “Too much of a good thing can be wonderful.” In the market, such a motto would lead you to avoid diversification and...World Trade Center to Fly Flag Over Aircraft Carrier Stennis
Thanks to a patriotic New York City cop, this flag will serve as a constant reminder to the Stennis’ warriors of the justness of our cause: “‘Tis the star-spangled banner! O long may it wave, O’er the land of the free and the home of the brave.”
