Posts tagged White House

Republican Congressman Aaron Schock Resigns

Republican Congressman Aaron Schock resigned.  Too bad.  He is young, 33.  He had a bright future in politics.  That being said, I think his resignation is a teachable moment for America.  First, the fact that I wrote, “bright future in …






Go Big or Go Home

There were a lot of funny adages in trading.  “When in trouble double”; “If you got a hunch, do a bunch”.  Another one was “Go big or go home”.  In trading it meant, take more risk. But, that meme works …






Is The Internet A Utility? (Part 2)

What’s the definition of a utility? Wikipedia defines it this way-in terms of economics.   The internet is certainly a circular utility as defined by economist Joan Robinson.  “Utility is the quality in commodities that makes individuals want to buy …






Ebola Helping the Market Break

This market is reminding me a little of 1987.  The trading action the week before the crash in 1987 was extremely volatile.  There were weird events that happened that caused instability as well.  We have a ways to go to …






Do You Engineer The Meeting?

More and more, I am seeing meetings being used as a legal timestamp and not actual communication/action/discussion.  The meeting happens before the meeting.  In politics, this has always been the case.  That’s why we see trial balloons and the press …






Breakfast Links

Why spending more on education will change nothing. The Thiel 20 under 20. Learn more about why Angelina Jolie decided on a double mastectomy. 22 things happy people do differently. Do you understand Pay to Play? Don’t embarrass the Prez, …






Breakfast Links

IRS targets conservative groups, and Jewish groups.  It’s not low level employees but upper level employees.  Most transparent administration ever.  With high gas prices, a stagnant economy and a President that uses the Executive branch for his personal missions, I …






Austerity is The Culprit; Not Bernanke

As the world economy slows, austerity is being blamed.  Keynesians have ramped up their efforts to skewer classical economic theories by pointing out that since austerity programs in the EU have been in force, there has been an economic slowdown. …






How Much Is Enough?

In the latest budget, Obama decided to try and get yet another tax increase on “people making more than $250,000 per year”.  He also is starting to make a move to go after private pensions. That movement was started back …






Breakfast Links-Welcome to the Mitch McConnell Tax Hike

That Constitution, total bunk.  From a law professor.  Education is in the very best of hands. Glass half full on the budget deal. Some more fiscal cliff analysis, along with subsidy commentary. Even the RINOs at the NY Times don’t …






Electing a New Speaker is Not a Win for Democrats

If the Democrats think they are #winning by seeing Republicans fracture and possibly elect a new Speaker of the House to replace John Boehner, they are sadly mistaken.  Boehner is being cursed on both sides of the aisle for failing …






Compromise on The Fiscal Cliff

Why is it such a big deal that Boehner offered a compromise?  The way the news is being reported,  “The Republicans finally offered a compromise.”.  Why can’t the Democrats offer one? Instead, this debate is turning the Republicans into Farmer …






Breakfast Links

Up in Madison, Wisconsin.  On a panel tomorrow.  We ate at Merchant tonight and it was tremendous. 5 Ways to protect yourself from Obamacare-and none of them involve leaving the country-yet. Gary Becker made some remarks at the Milton Friedman …






Whine at the White House

Today, the White House decided not to list the wines and vintages served at state dinners. Too bad. I understand that they are sensitive because sometimes they serve pretty expensive stuff there and they don’t want to seem out of …