Figure of the Day 9-5 Cubs Win, Cubs Win!

Opening Day at Wrigley. Cubs won 9-5 over the Brewers. Yesterday, Soriano dropped another fly ball. Today, the wind was blowing hard out of the south-so he didn’t have to worry about dropping one. Hit it hard enough, get it …

Figure of the Day-Greece Wins 45 Billion at 5%.

Greece receives a loan package from the EU, and partially from the IMF. The amount of debt to GDP in the Greek government actually goes up, from 12.7 to 12.9 percent of GDP. My prediction is European markets will rally …

Nudge, Nudge, Know What I Mean?

Nudge is a book written by Richard Thaler and Cass Sunstein. If one name sounds familiar to you, it’s because Mr. Sunstein is deeply involved in the Obama administration. He is the Director of Information and Regulatory Affairs, or DOIRA. …

Figure of the Day

I know it’s baseball season, and the Masters. However, this stuff always amazes me. I briefly attended the U.S. Air Force Academy in Colorado Springs on a basketball scholarship. I got jazzed then when an F-15 blew over, and I …

Angel Capital Association Letter

In a couple of previous posts, I highlighted the pending Senate Banking Bill that Chris Dodd is in charge of. Truly, it’s a really bad bill all the way around. I am not the only fish in the sea that …

Figure of the Day -8

I dig the Masters. What a surprise? Who doesn’t? Augusta looks so beautiful. One day I would love to go there. It would be fun just to walk around the place, let alone swing a club there. Ian Poulter and …

Smoot-Hawley Redux

Historians love to say that history repeats itself. There are some aspects of this downturn that are very similar to the Great Depression. I think that’s why both parties say the word “Depression” in their vernacular from time to time. …

Interns under attack

Sometimes you wonder what kind of Kool Aid people drink. Today Obama continued his assault on employment. The administration is after “interns”. Not the kind in a hospital, but the college kids that go out and find jobs at firms …

This guy wants to pay more in taxes-Bullshit.

In the Washington Post today, there was an article about a liberal investment banker that feels he doesn’t pay enough in taxes. Warren Buffett has said he doesn’t pay enough either. Well, there is only one word for that, bullshit. …

Figure of the Day-3.86%

Good auction today.  A sigh of relief in Washington.  Fears of a coming debt crisis in Washington are overblown for today.  They probably are not for tomorrow.  One thing is for sure, the stock market rally isn’t for real if …

VAT, stands for Vamoose America Today

Paul Volker must want more meetings with President Obama. Volcker was trotted out during the campaign as a fiscal conservative that backed Obama. As soon as Obama was elected, Volcker was shut out. When Obama needed to bash Wall Street, …

Figure of the Day, just one

Growing up, we all had our favorite teams. I was a Cub fan. Ron Santo, Ernie Banks, Billy Williams, Burt Hooten, Fergie Jenkins; I could name a bunch of guys from the late 60’s and 70’s. This interviewer put Obama …

Bank Tax, Ominous. Bad for Main Street

In today’s Financial Times and in the Wall Street Journal, along with other sources, there were articles about a bank tax. First floated by Gordon Brown of the UK, it is one of the poorest ideas yet at how to …

Michelle Obama, plants the seed

http://www.youtube.com/watch?v=proi6NFdKVs&feature=player_embedded First lady Michelle Obama loves to garden. She knows that in the spring, you plant seeds for plants that you want to see grow. She plant one in this video. The “birther” movement is bunk. Unfortunately, fringe people are …

Social Justice, the guilt of our time

There has been a lot of talk about “social justice” in the past several years. It is the “political correctness” of our time. Social justice is just designed to make you feel guilty so that government can utilize that guilt …

Education innovation, but not in America

Education is the lifeblood of our future. We are beginning a long overdue debate on the structure of education in America. It’s too simplistic to simply blame teachers’ unions for the failure of education, but they should shoulder a large …

Unenjoyment

Traders on the floor used to call the first Friday release of Unemployment numbers, “Unenjoyment”. Order fillers were going to fill a lot of business, but were deathly afraid of someone making a mistake that could cost them money-sometimes big …

Figure of the Day-$85

Crude oil, and commodities in general have been on a bit of a tear higher. Oil is up near $85 bucks a barrel. The dollar is stronger, so this isn’t the old weak dollar strong oil play. Generally, as summer …