Breakfast Links
- Posted by Jeff Carter
- on July 19th, 2012
Amazing video at the link. How the sausage is made. Guaranteed to make you puke. Shovel ready. Reminds me of the Milton Friedman repartee with a government official in Asia. Friedman, “why aren’t you using backhoes and heavy equipment to move the earth?” Official, “It’s a jobs program.” Friedman, “Why don’t you give them spoons?”.

You know who did have some college friends.
By the way, it looks like the “1%” are hurting too. Sales at Hermes slow.
“If the rest of them can survive only by destroying us, then why should we wish them to survive? . . . Nothing can make it moral to destroy the best. One can’t be punished for being good. One can’t be penalized for ability”.-Ayn Rand, Atlas Shrugged
20% of the corn crop ($CORN, $ZC_F) is lost. Livestock producers, devastated($HE_F, $LE_F) in Nebraska and Iowa.
Do business schools incubate criminals?
Some info on crop insurance.
”Businessmen are the symbol of a free society—the symbol of America. If and when they perish, civilization will perish. But if you wish to fight for freedom, you must begin by fighting for its unrewarded, unrecognized, unacknowledged, yet best representatives—the American businessmen.” – Ayn Rand. from whoisjohngalt.com (and the Atlas Shrugged Facebook page!)
John Kass article yesterday was great.
Lot of people hurting in the US.
Since we seem like we are in the 1970′s again, some 1970′s music
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Jeffrey Carter is an angel investor and independent trader. He specializes in turning concepts into profits. He co-founded Hyde Park Angels one of the most active angel groups in the United States in April of 2007. He previously served on the Chicago Mercantile Exchange Board of Directors. He has done market commentary for (More...) -
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