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Latest  |  Highest rated
  • Partying Like It Is 2007 [View article]
    Also why taxes are much higher in Canada, there is no such thing as a free lunch.
    Jul 4, 2015. 09:54 PM | 1 Like Like |Link to Comment
  • My Second Half Predictions - Part I [View article]
    If the world is waiting on our continuing anemic post war recovery (the weakest of the ten on record with half the growth of the previous 9 post war recoveries) it is in trouble. Getting to trend growth will have to wait until 2017 at best.
    Jul 4, 2015. 06:30 PM | 1 Like Like |Link to Comment
  • My Second Half Predictions - Part I [View article]
    That must be why Democrats are at their weakest position in Congress since the 20s and poorest showing in state houses/legislatures since the Civil War after two mid-term drubbings.
    Jul 4, 2015. 05:21 PM | 2 Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Likewise.
    Jul 4, 2015. 04:03 PM | Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Unfortunately overly generous entitlements are crowding out spending on the truly needy. For example under Bloomberg, spending on municipal employees pension and health benefits (most of which spend more time on the taxpayer's teat than actually working) went up over 300% in 12 years...hardly sustainable and will be worse than De Blasio. Even conservative Orange County has seen the percentage of budget going to govt retirees grow from 8% to 30% over the past 15 years mostly due to state increases to these underworked/overpaid special interests.
    Jul 4, 2015. 10:54 AM | 2 Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Media Matters? Really. Organization was purposely set up by ex Clinton to counter truth with misinformation. Even the NY Times and Washington Post, hardly bastions of conservatism, have pointed out the huge conflicts of interests of the Foundation and the seemly entities that fund it. If you were not so lacking in self awareness, you would realize that you are to the far left of the Naders and Sharptons of the world while thinking you are somewhat in the middle. AKA, delusional
    Jul 4, 2015. 10:50 AM | 2 Likes Like |Link to Comment
  • My Second Half Predictions - Part I [View article]
    It is calling taking the pain. Have to do so otherwise you just muddled along forever, ala Japan for last few decades. No one likes it, and politicians are loathe to do it because they worry more about their re-election than the long term interests of society, but it is the only way to get back on a strong recovery course.
    Jul 4, 2015. 07:34 AM | Likes Like |Link to Comment
  • Las Vegas Sands: Sentiment Finally Starting To Turn Positive [View article]
    Not my investment style, but have found him to be very good at saying where the money is migrating to. And he does have a following.
    Jul 4, 2015. 05:25 AM | 4 Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Money just needs to be spent more wisely. Example, charter schools get better results on the whole than public schools (Ex, graduation rate in New Orleans has gone from 52% to 78% since most of school age population migrated after Katrina) and cost less per pupil. Unfortunately, one party is totally beholding to the teacher unions which are more concerned about keeping every teacher employed (no matter how bad) and living off the taxpayers dime after 30 years of service than the education children receive.
    Jul 4, 2015. 05:23 AM | 1 Like Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    That is the difference between you and me. You see the govt is only spending $4T a year with federal, local and state govt spending some 35% of GDP, and think that is not nearly enough. I look at the waste like $150 billion in annual medicare, medicaid and social security fraud, not to mention all the other money going down a rathole and think there is plenty of govt funds, they are just used incorrectly.


    Most Americans don't realize the country has over $100T in unfunded entitlement liabilities as it is and a good portion can note even take of themselves despite living in the easiest times in history because they have become dependent of govt handouts instead of good old fashioned self-reliance. Instead of working harder or smarter, they just whine how unfair the "system" is...That is my thought for this 4th of July weekend.
    Jul 4, 2015. 05:20 AM | 2 Likes Like |Link to Comment
  • My Second Half Predictions - Conclusion [View article]
    Municipal muni bond holders from Virginia to Texas were not holding Detroit debt (which was one quarter the size as Puerto Rico's) nor were insurers like MBIA severely impacted. Not as big as deal as Greece or China, but definite watch out item.
    Jul 3, 2015. 05:13 PM | Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Part charity, part slush fund http://bit.ly/1IWm1mw
    Jul 3, 2015. 05:10 PM | 1 Like Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    I have that ranked higher than Greece as well.
    Jul 3, 2015. 05:07 PM | Likes Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Biggest driver of budget and deficit are unfunded entitlements like medicare, medicaid, ssec disability, etc....at federal level. On state and local level it is the huge growth in costs for overpaid government workers health and pension costs which is crowding out spending in other areas and led to bankruptcy of Detroit, Stockton and eventually Chicago, etc..
    Jul 3, 2015. 04:43 PM | 1 Like Like |Link to Comment
  • Partying Like It Is 2007 [View article]
    Sounds like the Clinton Foundation....:-)
    Jul 3, 2015. 03:47 PM | 1 Like Like |Link to Comment
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