I meant to get this up for Martin Luther King day but was not able to obtain permission from the author in time. Still worth listening to: mlk-1 The site where this piece and others were originally published is The Seanachai. Good site!
A new menu item, “Favorites,” has been added. It contains some of Monty’s favorite posts.
It looks like Al Gore has a new follower. Osama bin Laden is apparently modifying his image and adopting the role of elder statesman for the world. Here as reported in the NY Times is his recent advice: “Talk about climate change is not an ideological luxury but a reality,” Mr. bin Laden was quoted as saying in a report [...]
I sure would like to know the rationale behind this “deal” as reported in an article in the WSJ. The U.S. is going to lend billions of dollars to Brazil’s state-owned oil company, Petrobras, to finance exploration of the huge offshore discovery in Brazil’s Tupi oil field in the Santos Basin near Rio de Janeiro. Brazil’s planning minister confirmed that [...]
For those who want to understand more about money and inflation, the following piece by Bill Bonner of the Daily Reckoning is good reading. The Descent of Money By Bill Bonner Paris, Fance Science and technology have produced many wondrous breakthroughs. But there are some things it cannot improve. A kiss from natural lips is still the lover’s choice. Baby [...]
When the economic crisis hit, there were many statements about not being able to see it in advance. Obviously, these were nonsense. Any economist that claimed “There was no way to see this coming” was either dense or duplicitous. At the one-year mark of Obama’s Presidency there is growing “buyer’s remorse.” Many who voted for him claim “I didn’t know [...]
As expected, the State of the Union (SOTU) speech was delivered with the usual élan from the gifted orator, President Obama. Unexpected, for most, was the content of the speech. President Obama “doubled down” on policies soundly rejected by the American people. For a candidate who was so politically adept, his tone deafness in office is startling. From Jonah Goldberg: [...]
The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international monetary system. How this system collapses is indeterminate. It could be initiated a collapse of the dollar or it could be a collapse within a particular trading zone. Either outcome [...]
I don’t know what President Obama will try to sell tonight in his State of The Union speech. I do know that what he says will have no relation to reality. But that could be said of any President in recent years with respect to this occasion. This particular President has speech-making skills that few of his predecessors had. He [...]
Image via Wikipedia These links from Instapundit are indicative of how bad things are for Obama. As these problems become more apparent and worsen, his own team will turn on him in order to protect their own political lives. For political junkies or sadists, this will be very entertaining. January 27, 2010 WOW: Meltdown in PA: Toomey up 14 over [...]
Healthcare destroys a presidency and jeopardizes a political party. In the fledgling days of the personal computer industry, software vendors frequently announced products that were not yet ready for release. The term “vaporware” was coined to describe such software. Most of these products never reached the marketplace. Some that did should not have. The recent health-care reform effort was nothing [...]
For those who are interested in getting a lot of investing ideas for 2010 and beyond, check out the collection at The Kirk Report. A variety of different viewpoints that might help you think through what may happen in the next year. Some might even be correct.