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This tag is associated with 46 posts

Maybe There Is Light At The End Of The Tunnel… Or Not

Today the NY Times reports that President Obama’s budget proposal, which will be released next week is, “Dismissed by the GOP and attacked by the left.” In the real world when you come up with a proposal that equally hurts both sides, it’s the sign of a pretty good compromise. So…  do we feel lucky?

Big Latte

I was recently surprised to learn from The Economist that a Starbucks Tall Latte sells for the same price as a McDonald’s Big Mac in the USA. $2.80 to be exact, and really I shouldn’t have been surprised. This in The Economist’s latest update on their annual exchange rate survey of PPP, which we’ve written about previously … Continue reading

This “L” Train Doesn’t Go To Brooklyn

Why, oh why, did John Paulson sit down for an interview with Businessweek magazine? Here’s a guy who became a financial legend by betting against subprime mortgages before the market collapsed in 2007, netting his investors $15 billion while putting almost $4 billion in his own pocket. And historically he’s kept a very low profile. “I … Continue reading

Thinking Outside The Exercise Bottle, You’re Never Too Thin

Some days it’s hard to tell if your glass is half empty or half full. (Politicians can get pretty creative when they describe the state-of-the-glass, but that’s why they take get the big bucks.) But for me today is a really good day. I am proclaiming my “glass at least half full”. In fact it’s exactly … Continue reading

JP Morgan FUBAR’d

As tempting as it is, I’m not going to pile on JP Morgan for their $4 Billion write-off. Really. I have to give Jamie Dimon credit (sic) for his candid review of the situation: The bank’s strategy was flawed, complex, poorly reviewed, poorly executed and poorly monitored, Mr. Dimon said … He called the mistake … Continue reading

We Don’t Know “What We Don’t Know” About Google

Full disclosure right off the bat: I’m a total Google Fan-Boy, even though in my case the term “boy” stopped being appropriate over 50 years ago. Nevertheless. I’ve talked before about how Google changed my life, and the life of virtually everyone else on this planet, by ‘organizing the world’s information’ and making it available. But … Continue reading

Some Parts Of Immigration Reform Really Ain’t Rocket Science

Ah, the immigration debate ramps up again. It shouldn’t take a Rocket Scientist to figure out, that by definition, enforcement requires a way to distinguish between the legals and illegals. Common sense should tell you that the only way to do that on a day-to-day basis is with a National Identity Card authenticated by some … Continue reading

The Ultimate, And We Mean Really Ultimate, In Packaging

I have an acquaintance  in the packaging industry whose products utilize a super-strong cardboard. You can stand automobiles on boxes made of his cardboard; we are talking here about serious robustness. Their shipping containers are  used to transport auto engines and heavy machinery. Sit in your car, raise your hand up to touch the ‘head-liner’ on … Continue reading

A Very Serious Look At “Assistance”

My father’s name was Jack. When I hear someone say “You don’t know Jack”, I think of him. This coming Saturday, HBO will air a film starring Al Pacino titled, “You Don’t Know Jack”. But it’s not about my dad, it’s the story of Dr. Jack Kervorkian and the end-of-life debate. Last week Anderson Cooper … Continue reading

From Skinny Cows To Fatted Calves

Close on the hooves of our Skinny Cow report comes further bovine news from Wall Street, which we’ll put under the category of Fatted Calves. Fatted calf is a metaphor or symbol of festive celebration and rejoicing for someone’s long-awaited return. It derives from the parable of the prodigal son in the New Testament. In … Continue reading

Children Should Be Taxed And Not Heard

As far as I’m concerned, all babies look like Winston Churchill. I’ve never thought of babies as contributing members of society. But now that’s changed. Parents aren’t just raising adorable kids. They are also producing little human capital units that are likely to grow up, get jobs, pay taxes and raise little human capital units … Continue reading

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