President Obama is late to the plate with stimulus I took a look at the President’s proposal to stimulate the economy which amounts to $347 billion and my first look surprised me. This is not going to work. A couple of hundred billion is dedicated to temporary tax cuts like cutting payroll taxes for both [...]
Archive for the ‘Uncategorized’ Category
September 15th, 2011
Presidents New Stimulus Package Better Look Close
admin 
Posted in Uncategorized 
Tags: jobs, jobs package, obama election, obama stimulus, stimulus package, stimulus plan 
No Comments » September 9th, 2011
Does Keynesian Economics Still Work or did it ever Work
Does Keynesian Economics Still Work or did it ever Work? The United States entered the Great Depression in 1929 subsequent to the stock market crash. The crash did not create the Depression, but was certainly a major symbol of it. At the end of the day, if you put liberal and conservative economists in a [...]
September 2nd, 2011
Apple without Steve Jobs Unthinkable
Steve Jobs, the most successful entrepreneur of his generation God bless the security analysts. They always seem to get it wrong in the end. Recently Steve Jobs resigned as the Chairman of Apple for medical reasons. Jobs has had perhaps the most extraordinary business career of his generation. It will take time and distance to [...]
admin Posted in Uncategorized Tags: apple computer, apple without steve jobs, ipad, iphone, ipod, steve jobs No Comments » August 31st, 2011
Bank of America Is there a Conspiracy Afloat
I have been involved with Bank of America on and off, for the better part of 30 years as an investment. Since 2008 and the financial crisis I have watched the largest bank in our country self-destruct.
admin Posted in Uncategorized Tags: bac, bank of america, banks, fed, nyse, short sellers 2 Comments » August 29th, 2011
Gold May Be Peaking NOW !!!!!
Stack of Gold Coins Anybody who knows my work knows that I am actively engaged in the world’s markets including equity, commodities, and currency. I have been following gold for several decades. In fact in 1980 my principal client was the largest gold player in the world. He probably controlled a billion dollars’ worth of [...]
admin Posted in Uncategorized Tags: gold bars, gold movement, gold price, inflation hedge, price of gold No Comments » January 18th, 2011
New Tax Law What’s in it for YOU
In the closing days of December, President Obama capitulated (maybe) and entered into an agreement with the Republicans to pass a new tax law after 2 years of bickering. It amounts to an $858 billion cut based on the expiration of the old Bush tax rates which are now being extended through 2012. This is [...]
admin Posted in Uncategorized Tags: barack oboma, capital gains, john boehner, nancy pelosi, tax compromise, tax rate No Comments » January 15th, 2011
Is Uncle Sam Still Worthy of a Triple A Credit Rating?
Ben Bernanke & Treasury Secretary Timothy Geithner – It’s not up to them, it’s up to us. Many people believe that any potential downgrading of the United States credit rating would be years away. I am not so sure. At the moment US Government paper is accorded the highest credit rating possible. We are Triple [...]
admin Posted in Uncategorized Tags: america credit rating, america debt, ben bernanke, moodys, timothy geithner, usa credit rating, usa debt 2 Comments » October 30th, 2010
Stock Market is Celebrating Republican Victory early
Focus should be Jobs, Jobs and more Jobs The stock market has been in a real bull rally the last few weeks. In my opinion it is anticipating a Republican controlled House of Representatives, and a near change in control in the Senate. This is as it should be all things considered. The people will [...]
admin Posted in Uncategorized Tags: defnese, energy, euro, jobs, more jobs, obama, schools, unemployment, usa, usa future 2 Comments » September 15th, 2010
Your Hospital Bills and You
You want to wind up like this? You got to get this right folks. I have clients who go to the hospital and never look at their medical bills to determine if perhaps there are inaccuracies. We are dealing with clerks here. They are not perfect, nor are they even super clerks, so be careful. [...]
admin Posted in Uncategorized Tags: hospital, hospital bills, medical insurance, medicare No Comments » September 13th, 2010
General Motors versus Ford Which way to go?
Whitacre-one of four GM Chairman in 20 months I have held Ford for clients for a while now, and it has done very well. The stock trades near $12, and we are in at about $2 per share. It’s up 600 percent for us, and that’s not too shabby. So now I have to make [...]
