bfwebster on June 20th, 2009

Hope at last!
US To Trade Gold Reserves For Cash Through Cash4Gold.com
Makes as much sense as any of the financial plans coming out of Congress and the Administration these days. ..bruce w..

Continue reading about A solution to the financial crisis

Bruce Henderson on May 14th, 2009

I honestly don’t blame the administration for talking up the economy over the past few months. I am sure they wanted to see if they could nudge Americans into coming out of the bunkers and buying again. It worked for George Bush after 9-11, maybe they can give it one more go?
Sadly, Sally and [...]

Continue reading about Global Economic Indicators Still Cold

bfwebster on April 29th, 2009

MORNING LINKS
ITEM: Speaking of swine flu hysteria, this may be a good time to invest in pork belly futures – there may be a shortage soon.
ITEM: Yet another way in which Western Europeans are looking for the US to help them financially.
ITEM: Here’s a slideshow of items from the Michael Jackson Neverland Ranch auction. Some [...]

Continue reading about Wednesday’s a snooze day

bfwebster on April 10th, 2009

MORNING LINKS
[Welcome to AoS readers, and thanks to Genghis for the links and the kind words! Feel free to bookmark ASIP! Also, my Saturday links are posted here, my Monday links are here, my Tuesday links are here, and my Wednesday links are here.]
ITEM: Remember me quoting Machiavelli (”It is better to be feared than [...]

Continue reading about Friday spawns

bfwebster on April 8th, 2009

MORNING LINKS
BREAKING NEWS: The American crew on that ship hijacked by Somali pirates has retaken control of the ship. A reminder to the world: don’t screw with Americans.
ITEM: Two books you really, really should read are Fooled by Randomness and The Black Swan, both by Nassim Nicholas Taleb. These are outstanding works that deal with [...]

Continue reading about Wednesday prawns

bfwebster on April 7th, 2009

AFTERNOON LINKS! Yes, there are actual afternoon links!
ITEM: Maybe it’s because he paid all his taxes — actor Kal Penn (of the “House” TV series and the “Harold and Kumar” movies) joins the White House staff.
ITEM: President Obama visits Baghdad. Good for him, and I mean that in all sincerity. My son Jon (CPL Webster, [...]

Continue reading about Tuesday dawns

bfwebster on March 23rd, 2009

MORNING LINKS
REMINDER: While I am happy (truly) to see the stock market rising after Sec’y Geithner unveiled his toxic asset plan, I have to always remember that the foundation of basic stock market transactions is the Greater Fool theory, namely, that if I pay $10 for a share of XYZ Corp, I do so in [...]

Continue reading about Punch drunk love for a Monday

bfwebster on March 18th, 2009

Does the phrase “going to Hell in a handbasket” mean anything to you?
I’m starting this post on Tuesday evening, with “American Idol” on the background. I can hardly keep up with the gaffes, mendacity, and sheer idiocy coming from the Obama Administration and the Democratic Congress on a daily basis. And trust me when I [...]

Continue reading about Wednesday morning, 3 AM

bfwebster on March 17th, 2009

. . . will be later today. Right now, it’s Tuesday morning, so it must be link time:
President Obama’s War on Business continues. As I noted yesterday, I’m not happy with the AIG payout, but it is both unseemly and dangerous to have the President of the United States singling out and using taxpayer dollars [...]

Continue reading about Tuesday afternoon . . .

bfwebster on March 16th, 2009

. . . can’t trust that day . . .
Obama & Company are trying to figure out how to get out in front of taxpayer anger rather than be the target of it. Good luck with that! On the other hand, if Obama had been honest before the election last fall . . .
Obama Approval [...]

Continue reading about Monday, Monday . . .