My brother Mark has done very well by his investment in Apple stock over the past decade. Given the recent, relatively substantial downturn in Apple stock PE ratio he received an investment advisory from ye Editor. Here is the jist of those remarks. I think Apple is at a crossroads– they could have become the major desktop PC […]
Apple at the Crossroads: Leadership in Client Computing at Stake Read More »
Over and over again, the world is seeing an anguishing and paradoxical debate over the Deficit Conundrum . Simply stated, nation after nation has allowed bubbles of inflated values to occur, accumulate and eventually topple their economies. The classic bubbly case is the overinflated housing markets in the US and parts of Europe that burst
The Deficit Conundrum Read More »
The best lines at the ABCTV-sponsored debate this past weekend was Michelle Bachmann’s “Newt Romney”, AKA Newt Gingerich and Mitt Romney. Michelle could show the two not only flip flopping together but also abandoning conservative principles at the drop of a hat. The Daily Beast has been following the two since the debate and the marriage
Nicholas Kristoff at the NYTimes, has a very telling piece about the Bankers who brought about the 2007-2008 Financial meltdown. Recent disclosures by Bloomberg and others have made it clear that the $0.70 Trillion TARP bailout was just the tip of the iceberg as 10 time the TARP, or $7.0trillion has been spent to bailout
Occupy Wall Street’s Enduring Message Read More »
Some media argue that Occupy Wall Street, now that it has been disbanded will peter out and the group will have minimal influence. Don’t let anybody sell you that notion. The vote in Ohio on November 8th restoring Union Collective bargaining in state and local government showed that Occupy Wall Street had managed to change voting preferences.Suddenly
What Occupy Wall Street Accomplished Read More »
In an article on her website, Ariana Huffington raises the issue of the level of lying in politics – Mitt Romney Brazenly Lies and the Media Lets Him Slide. Here is he crux of the complaint against Mitt Romney and his election team: The lie is found in Romney’s first television ad, run last week in New
The Level of Lying Stokes Radical Political Partisanship Read More »
Harry’s Law, in yesterday’s episode called Head Games, takes up the Occupy Wall Street Message in full form.The episode deals with a woman whose home is foreclosed; so in desperation she goes and robs one of the bank’s branches. The team’s defense for the woman is the so called Outrageous Government Misconduct defense. In the
Occupy Wall Street Moves to TV? Read More »
In options market trading ye Editor has always wondered why Naked Puts are allowed as transactions. Naked Puts mean I don’t own the underlying stock but I am guaranteed being able to sell it at a fixed price up to a fixed date. Why the transaction? If I own the underlying security a Natural Put
Wall Street as a High Risk Gambling Den Read More »
Is it a tenor of the Times that only an American writing for a British paper, the Guardian, could produce a plausible story of why the Occupy Movements, predominately peaceful, non-violent protests, were shutdown? Naomi Wolf writing for the Guardian,has produced a story that shows that Federal Homeland Security officials worked in co-ordination with 18
How and Why the Occupy Wall Street Camps Were Shutdown Read More »
The NYTimes has an article today Israel’s Other Occupation – that gets at the core issue in Israel, how its democracy is being corrupted by the West Bank Occupation. This is no small matter because Israel is an outsize player not just in Mid East politics but also as a shaper of US policy. For example,
The Corrosion of Israeli Democracy Read More »
The above 60 Minutes Report on how badly compromised members of Congress are is echoed in this report from the Daily Beast on Obama’s Energy Department graft that extends well beyond Solyndra. Clearly the US is teetering with political graft and scandal that extends across parties and is making Washington a place of Moral Compromise
Why Congress Has Failed to Regulate Wall Street, Healthcare, Energy, etc. Read More »
The Penn State Abuse case seems at first glance to be too dramatic and perhaps media lead. So a football coach was caught molesting a ten year old in the showers at Penn State. Shameful but not outside the bounds of experience [see US Swim team].So the football coach that obeserved it did not stop
Penn State Abuse: National Mirror Read More »
Political cartoons are making a comeback with the help of turbulent times and dimwitted politicians. Nowhere is that on better display than in in the cartoons by Washington Post caricature draftsman extraordinaire – Toles: This is the first in a slideshow of fun fun fun… The really great jests are down in the righthand corner,
Political Cartoons Make A Comeback Read More »
Call them like the GOP sees them – the Job Creators, the Fortune 300 largest businesses in the US. As the NYTimes describes here, the top US Businesses are not paying their fair share of government taxes and support. And given that Corporations are People and certainly do benefit mightily from government programs they are remiss
Top US Business Doing Their Fair Share of Damage to the Economy Read More »
Three new reports on MF Global’s Bankruptcy and its Impact on Financial Policy are worth noting: NYTimes – Gretchen Morgenstern, who has been instrumental in exposed recent Financial Follies, describes the damage to the credibility of current financial regulatory reforms and how the current European financial crisis impacts American banks and financial institutions as a consequence. Marketwatch
MF Global:Wall Street Reforms Fail: Update Read More »
What are the Marks of Class Warfare? Is it the fact that Occupy Wall Street is fundamentally right about Class Warfare perpetrated by an Elite 1% of the population who can afford to spend $5billion to purchase access to politicians and policy making venues and thereby get their way. Is it the fact that popular
The Marks of Class Warfare Read More »
The balance of power in US Politics has reached a tipping point – John Q. Public can be effectively ignored and bypassed in policy making. The recent article in the NYTimes, Flat Taxes and Angry Voters, is just one of many proofs. The article points out how the GOP Presidential candidates are ignoring many polls
Ignoring John Q. Public Read More »
Supporters for President Obama face two quandaries. First, there are the Bundlers for Obama: Look who is contributing to Obama campaign this Fall The second problem is that even if Obama wins the Presidency his party will likely lose at least one House of Congress. This result will then continue the political gridlock that has occurred
The Obama Quandaries Read More »
The Congressional Budget Office’s recent report on National Income trends for the past 30 years finds that the top 20% of earners have gained at least twice as much in income while all other other groups have fallen behind. The Wall Street Journal felt compelled to respond with the interview below in its Opinions section. From the
Occupy the Wall Street Journal: FoxNews-like Messaging and Reporting Read More »
The respected and non-partisan CBO-Congressional Budget Office in a just released report has confirmed the basic chart and message posted below. Indeed the rich have gotten a lot richer while all other major income groups have lost income in the past 30 years. And in the hard battles to “lower our cost structure substantially” =
Occupy Wall Street Message: Update Read More »
PCWorld has a very revealing table on the top smartphones for this Christmas: Color coding of the best versus the lowest ratings is more revealing as Motorola’ s RAZR unexpectedly stands out with better weight and size dimensions and a key feature, MicroSD card which already allows adding of 64GB of storage for all those full
Christmas 2011 Smartphone Showdown Read More »
The following stories catch various Evangelicals and other Christian groups misbehaving: NYTimes – The Evangelical Rejection of Reason YouTube – When Christians Misbehave Guardian – Attacks on Mitt Romney for Mormon faith heightens Republican rivalry. ChristianPost – Can Christians escape the “Hate” label in Gay marriage debate? Wikipedia – Anti-abortion violence, Christian terrorism This raises
Evangelicals Misbehaving Read More »
Here is one party that can’t believe that the GOP, Masters of Manipulation of their Message, allowed so many debates to take place. God bless them, because unlike in the broader media coverage and analysis, much is being revealed in the debates about the candidates inherent knowledge of the domestic and world scene, their beliefs
The Unbelievably Revealing GOP Debate in Las Vegas Read More »
Takethe5th has been advancing the idea that the US, in a major departure from its democratic roots, has been in the process of becoming a Bautocracy. This is the process of the very wealthiest replacing one-man-one-vote with bought political access and therefore power. This buying of influence has been accomplished through unprecedented political access and power
Occupy Wall Street: Bautocracy Brought Into Focus Read More »
For the past few years admirers of Hewlett Packard as envisioned by the two founders, William Hewlett And David Packard, have had to endure so much unseemly tumult at the top. This is definitely not the founder’s enlightened HP Way. The following Dilbert cartoon catches the madness: But the humor is truly black. Is the
HP Way Gone Astray Read More »
NYTimes David Brooks is taking a bruising for saying in his column he was a sap to believe in Obamaism and the “myth of hope”. Look at the reaction: Rolling Stone – Why David Brooks Is A Sap The premise of the piece was that he, Brooks, was a “sap” for believing Barack Obama when
NYTimes David Brooks as a Sap Read More »
Florida, NRA, and Grover Norquist[ he who brought you Starve the Beast Deficit spending by Republicans and then flipped flopped and now wants No Deficits now that GOP Presidents have added 60% to the national debt] are up to national mischief again. Sales of concealed handuns in the US have suddenly spiked since 2006. Map
Large Rise in Sales of Concealed HandGuns due to Out of State Licensing Loophole Read More »
Bloomberg has an interesting story of how political credit works => you get no credit for preventing something bad from going to worse. Case in point, Michigan auto-supplier E&E would have gone belly up – now it is doing $75million/year; up from $30 million and going under until Obama’s auto company rescue plan was passed.
Obama gets No Credit: Even from President of Rescued Firm Read More »
This is the second part of the Taketh5th review of NYTimes Roger Cohen’s assessment US Interventionism. Our first take was that despite over 100 years of increasing US Intervention in foreign affairs and despite not just the UN but a whole phalanx international agencies such as Atomic Energy Commission, WHO, IMF, World Bank, and others
US Interventionism at Home Read More »
Roger Cohen has a story in today’s NYTimes entitled “Score One for Interventionism” which argues that the Libya action, because it prevented a slaughter like in or worse than in Syria, has been a success. Ye Editor has some problems with Rogers analysis. Looking at VietNam, Iaq I and II, Bosnia, Sierra Leone, and now
US Interventionism Read More »
The NYTimes, just like in its coverage of the Japanese Earthquake and Tsunami, show that it is ahead of the print and Web media pack with its coverage of Hurricane Irene with its interactive storm track. This Google Map powered animation shows the relevant timeline and trail of Hurricane Irene, its precise direction, wind power, etc. As
NYTimes Ahead of the Media Pack Read More »
Our sister publication, theOpenSourcery.com, did a story on the day the Google buy out of Mototrola was announced. Unlike the markets which punished Google stock with a 3% drop that day, theOpensourcery was much more positive about Google’s buy of giving the following five reasons: 1)Google is going to operate the company as is and
Google Manufacturing Read More »
