Hey, who threw that pie in my face?!!

Living in the city of Chicago, you run into a lot of different ideas, views, people and see what can only be described as weird stuff from time to time. I had always heard of vegetarians, but had never heard …

Tea Party at Congressman Lipinski's office yesterday

Tea party yesterday at Congressman Lipinski’s office. They had great weather for it. The last tea party there was bitter cold! Here is a link to a few photos. Hopefully, Congressman Lipinski will vote NO on the socialization of health …

Figure of the Day-fluid

Pelosi needs more votes to pass socialized medicine. You can follow different whip counts here and here. It’s close, but the fat lady is warming up her vocal cords. Amazingly, all the lives that America has lost to preserve and …

Expected Outcome years after Obamacare is enacted

What would conceivably happen if Obamacare is enacted? I think it’s useful to think about. I agree that today’s health care system is unsustainable. But, Obama and the Democratic view of health care is abominable. First, the health care bill …

Figure of the Day 53% Increase in taxes under Obamacare

Looks like we are headed down the road to socialism. The Democratic party is leading us there. Just so you know what socialism brings, it’s really high taxes. High taxes are not just for the rich. They don’t have enough …

Weak Dollars and the Yuan

It’s funny to listen to government officials talk about their currency value. The US hasn’t had a true strong dollar policy for years. Even though officials have publicly stated they were for a strong dollar, their policy hasn’t followed suit …

Hot Dogs

My friends that visit Chicago always ask about the steaks. Of course, we have great steaks. We have great other stuff too. Charlie Trotter’s, Aruns, Spiaggia, Frontera Grille, are top restaurants in their categories. World famous. Chefs on TV. But …

Figure of the Day

1% That’s the total amount of beer consumption today when compared to annual consumption! Or, 1% of all beer drank in a year is consumed today. Happy St. Patrick’s Day!

Capital Gains, the truth that no one talks about

Today’s Wall Street Journal has an op-ed about the coming capital gains tax increase under the abomination called Obamacare. The pending bill will raise capital gains taxes 2.9%, on all investment income. That money will be transferred into Medicare. In …

FOMC Meeting

Today the FOMC meets. They are having lunch and smoking cigars while I type. Fed policy has been on hold since the financial crisis started. The only dramatic day has been the day they announced a quantitative ease last year. …

New Basic Training

The military basic training experience is designed to acquaint you with the differences between military protocol and civilian life. It is not a pleasant experience. Anyone that has been through it can attest to that. To me it wasn’t the …

Is the Gild finally off the Lily?

Maria Pinto is the designer to Michelle Obama, and Oprah. She is closing her store in Chicago. Big sale there. Ms. Pinto is blaming a soft economy. However, places like Hermes are doing bang up business. She certainly got the …

Figure of the Day – 12000

Gross This woman is shooting for a new Guinness Book of World record. 1000 pounds. She eats $815 bucks of food a week. High calorie diet, 12,000 per day! She currently weighs 602lbs. Wow. What a role model! And you …

Dodd's Bill

Senator Chris Dodd will introduce his bill to the Senate without bi-partisan support. I blogged about it earlier here. It’s generally a bad bill. Why? It doesn’t address the root causes of the financial crisis and colors outside the edges. …

today's early market

Market volume is still subdued. It’s roll over in the S+P’s, and the volatility has been pitiful in the spreads. They traded only two prices on Friday! If we were talking Treasuries that wouldn’t be a big deal, but the …

60 Minutes, Inside the Collapse

Tonight on the television show 60 Minutes, they profiled the writer Michael Lewis. He wrote Liar’s Poker, and his new book on the collapse of the financial system is out later this week. It was a compelling interview. Normally I …

The Pacific

Tonight on HBO a new mini series starts. If you get HBO, you ought to take the time to watch it. It’s about the war in the Pacific. Peruse the internet, and you will find many reviews of it. Some …