Thoughts after the RNC and the DNC
(Disclaimer – I am a moderate, centrist Democrat; seemingly an endangered species.) The parties are over in Cleveland and Philadelphia as both the Republican and Democratic National Conventions have have packed up and gone home. The cameras are gone, the balloons and confetti have been swept away and the placards have been sent out on the campaign trail. All that’s left now is...
Read MoreWhat I’m Thinking Today
In honor of the extra day in February this year, and on the eve of Super Tuesday, I thought it was a good time to jot down some random thoughts on the market, the economy and the election. So, in no particular order, here goes . . . I hope you listened to my pleas in the last few newsletters not to panic and sell your quality holdings into the correction. If you didn’t, you’ve...
Read MoreI’m Back – Time To Speak Some Truth
After a long absence from blogging, it’s time for me to return to writing more frequently. Between the upcoming election and the turmoil in the stock market, there is plenty to write about. So let’s get to it. To start things off, I’d like to comment briefly on the election. I will certainly be writing at greater length and frequency in the coming months.(Disclaimer: I am a...
Read MoreWill the Republicans Actually Close the Government?
At midnight on Monday we will find out if the hard-liners within the Republican party (read: the Tea Party) will follow through on their threat to close the government as they refuse to negotiate in good faith on a deal to expand the debt ceiling. Whether one agrees with ObamaCare or not, I think it’s reprehensible that the right-wing members of the Republican party led by Congressman Ted...
Read MoreThe Gutless Weasels Win The Day Again
The gutless weasels in Washington once again displayed their partisan colors yesterday by failing to pass legislation requiring slightly more stringent background checks before purchasing guns. This would have in no way limited the right of anyone to buy a gun, nor would it in any way have infringed on our vaunted 2nd Amendment rights, no matter what the irrelevant Sarah Palin had to say. It...
Read MoreThe Cliff, The Deficit and What It Means To You
A few weeks ago (the December 8th entry) I told you that the world wasn’t coming to an end because of the Fiscal Cliff. I said that “it is HIGHLY UNLIKELY that every tax increase and spending cut will, in fact, come to pass. Some compromises will certainly be made by our leaders in Washington, despite the radical bleatings of the far right and far left. Whether the deal is brokered...
Read More