POLITICS

President Donald Trump on War on Iran

Iran can never have a nuclear program. We will annihilate their every army and missile industry.

Rosa Parks: Pursuit of Profit vs. Racism

Rosa Parks: Pursuit of Profit vs. Racism

The death of Rosa Parks has reminded us of her place in history, as the black woman whose refusal to give up her seat on a bus to a white man, in accordance with the Jim Crow laws of Alabama, became the spark that ignited the civil rights movement of the 1950s and...

Stocks Will Shine Again

Two weeks ago I suggested that investors sell Exxon Mobil and use the proceeds to buy Wal-Mart Stores. If you'd made the trade that day, then you'd be ahead 11% overall -- Wal-Mart is up 3.6%, and Exxon Mobil is down 7.4%. I imagine most people didn't follow my...

Random Thoughts: October 2005

Random Thoughts: October 2005

Random thoughts on the passing scene: Neither the depth of despondency nor the height of euphoria tells you how long either will last. We are so easily deceived that many people think that the Senate Judiciary Committee is acting nicely if the Senators wear a genial...

Spoiled Brat Politics, Part 2

Spoiled Brat Politics, Part 2

The idea that what I want overrides what you want has increasingly become part of our thinking, our policies and even our laws. There is literally a federal case before the Supreme Court over the fact that many colleges and universities refuse to allow military...

A Nation of Sheeple

President Bush informed the nation, during a press conference, that he might seek to use the U.S. military to quarantine parts of the nation should there be a serious outbreak of the deadly avian flu that has killed millions of chickens and 60-some people in Southeast...

Spoiled Brat Politics, Part 1

Spoiled Brat Politics, Part 1

An editorial in a recent issue of the National Geographic's "Traveler" magazine complained that kayakers in Maine found "residential development" near national parks and urged its readers to use their "influence" to prevent such things. "You are the stakeholders in...

On the U.S. Obligation in Iraq

Democrats and Republicans, liberal media as well as Fox News, all seem to take for granted the following position on Iraq, as (in this instance) reported today at MSNBC.com: "The constitution is a crucial step in Iraq's transition to democracy after two decades of...

Running Out of Gas

There aren't many iron-clad rules in investing, but there's one: Bet against anything that the vast majority of investors agree upon. Right now, based on conversations with my clients, who are some of the best and brightest investors on Wall Street, I'm seeing a...

Personal Lie-ability

The Brady Center to Prevent "Gun Violence" was handed a victory on Monday when the Supreme Court ruled that its lawsuit against firearms manufactures could continue. Under Washington DC's Assault Weapons Manufacturing Strict Liability Act of 1990, firearm...

A Flood of Free Money from FEMA

If you think the government's initial response to Hurricane Katrina was incompetent, at all levels, wait till you see the tidal wave of ineptitude, cronyism, irrationality, waste and thievery that's guaranteed to be involved in the clean-up and rebuilding. "It's gonna...

Letters to the Editor: October 2005

Oil Companies Have a Right To Their Profits Dear Editor, Why should we be angry at high profits of oil companies when it is these companies that make our very way of life possible. The high profits and the high prices of oil also act as a price signal to oil companies...

FEMA is Crazy!

Ex-FEMA Director Michael Brown recently told a congressional committee that he wasn't an inexperienced manager who blew the federal response to Hurricane Katrina. Summing up the efforts of state and local officials in Louisiana as "dysfunctional," Brown scored his own...

When to Sell a Stock

My biggest mistake in 25 years of writing newspaper and magazine articles about the stock market started innocently. My intention, in a February 23, 2003, column for the Washington Post, was to show readers how to analyze a stock and decide whether to buy it. The...

“Windfall Profits” Tax on Oil Companies

"An angry public wants quick relief from high prices" at the pump, says Business Week. That's hardly a surprise. Over the past year, the Energy Department reports, a gallon of regular gasoline has gone from $1.86 to $2.96. But even at less than bottled water, $3...

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