Thursday, October 25, 2012
Why I'm Pro Choice
The liberal mantra "it's my body and I'll do with it as I want" applies to reproduction, but not to consumption. It's not just ok for taxpayers to pay for contraceptives and abortions for everyone; it's a god-given government-given right. But when it comes to using your own money to buy a soda...... well that's a whole other story. Nanny Bloomberg has already but the squelch on big gulps in NYC. Now the DC city council is looking to do the same for their residents out of passion and concern for their health and well being. I'm from the "just leave me the heck along and I'll be better off" school of government. That's why I'm pro-choice when it comes to type of soda and size of soda. If someone is spending their own money for an item they desire why should the government impose its iron will on the people (doesn't DC have much bigger problems to address like failing schools and crime?). Set the convenience stores free.... don't demonize the soft drink companies. Don't send taxpayers over the state line to NJ, VA or MD to buy their refreshments.
Sunday, October 14, 2012
Bruce Berkowitz on WealthTrack
Ignore the crowd.....
"Even the intelligent investor is likely to need considerable willpower to keep from following the crowd." - Benjamin Graham
Saturday, October 13, 2012
Lara Logan on Al-Qaeda in Afghanistan
The art of politics is making otherwise intelligent people believe what they know to be false just long enough to pull the right lever in the voting booth.
Friday, October 12, 2012
The Bubble Trailer
This movie is written by Tom Woods of the Mises Institute and is based on his best seller, Meltdown. Will this be one of the few honest accountings of the 2008 meltdown? Here is the trailer.
Monday, October 8, 2012
Bogle on Future Stock Market Returns
Bogle's prediction based on current valuation: Expect stocks to grow on average 5% a year for the next decade.
Monday, October 1, 2012
The Return on "Investment" in Education
Is it a positive or negative number or just flat-lined at zero? No doubt the Education Industry is the big winner here, with the taxpayers continually forking over higher and higher dollars for flat to diminishing returns. Maybe it's time to try a different approach than throwing money at the problem.
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