Many years ago, we had news stories about someone occupying a chair at a major brokerage firm for six months while “the board” searched for a full-time candidate. After attending only a handful of meetings, this individual pulled the ripcord on a $360 million dollar golden parachute. Needless to say, the blue- and white-collar workers who had retirement accounts holding mutual funds managed by said brokerage firm were immediately crying foul. The brokerage firm brushed … Ethics in Income ActRead more
Investing
Posted inInvesting
2016 – Year of the Water Electric Hybrid
The title is not a fluke. In truth, we will most likely see production vehicles much sooner. Most people who live in cities don’t understand why the country needs an Ag bill. Most people, like Mitt Romney and his baker, are Ag-stupid. The vast majority of kids these days think food comes from a store, it just magically appears there. You see, the Ag-stupid baker can get business interruption insurance from any number of companies. … 2016 – Year of the Water Electric HybridRead more
Posted inInvesting / Thank You Sir May I Have Another
Days Like These
I am convinced days like these happen because we as humans are both too stubborn and too stupid to heed the warning signs. You all know the kind of days I’m talking about. You wake up at the wrong time. Go to shave and the head falls off your razor. Get in the shower and the knob comes off in your hand. Put on a shirt and a button pops off just as you get … Days Like TheseRead more
Posted inInformation Technology / Investing
Free Nationwide WiFi
I was absolutely elated when I heard this story on NPR. Later there were many stories posted about it being “wish fulfillment” or “wishful thinking”. Personally, I don’t think it was either, despite the research done in the above link. I do believe it will happen, possibly not during this presidency, but I believe it will happen in the near future none the less. Why? Both the FCC and the general population are pissed at … Free Nationwide WiFiRead more
Posted inInvesting
No More Saturdays
In an effort to wipe out the national debt by collecting taxes sooner congress is passing a bill removing Saturday from the calendar. Republicans have determined that taking 52 days out of most years will lesson the amount of interest paid by the federal government and speed its revenue collections in a move which will dramatically reduce the federal deficit. Saturdays will not return until the federal government starts running a surplus, which pretty much … No More SaturdaysRead more