Social Security and the Stock Market

Recent fluctuations in the stock market have been used by some liberal politicians as a reason why Social Security should not be privatized. What if someone invests retirement money in the stock market, instead of in Social Security, and then retires at a point when...

Que Pasa, Senor Bush?

If you thought ethnic pandering disappeared from the White House with the silverware and the Clintons, think again. Last weekend, President Bush proudly delivered the first White House radio address in Spanish. “Republican strategists” — media-hungry...

Eureka! Gold!

Yesterday I wrote in this column that we had taken a position, as advisor, in a couple of gold stocks — Newmont Mining and Homestake Mining. It’s been over 20 years since I’ve traded gold stocks — doing it again took me back to my earliest days...

The Evil of Animal “Rights”

Scientists are closer than ever to finding cures for AIDS, cancer and other deadly illnesses. But more research and testing are needed and much of it must be done on animals. But will it occur? Not if the animal “rights” terrorists plaguing Huntingdon Life...

About Face on the Market

Yesterday I wrote in this column, “So many people are so totally hypnotized by the “don’t fight the Fed” mantra that it wouldn’t surprise me to see a brief rally here, back toward the highs achieved two weeks ago. Maybe a narrow defensive...

At Least the FED Didn’t Blow It

At least the Fed didn’t blow it. The FOMC’s 50 basis point rate cut yesterday gave the markets just enough oxygen to keep breathing until further evidence of a deteriorating economy necessitates the next rate cut. It could have been worse. And based on the...