VintonCounty

The Bailouts Are Doomed - All of Them

You use words well, Alan; and blaming Congress is astute. After I realized congresscritters are tyrants, thieves and liars, I was seldom surprised by their actions.

Southeastern Asset Management: 10 Reasons to Be Bullish on Stocks

Morningstar reports that Longleaf Partners Fund's (LLPFX) total returns trailed its category peers, large blend funds, by 6 and 5 percentage points annually over the trailing 3 and 5 years, respectively. It was a little worse relative to the S&P 500's total return. Are you sure you want to pay attention to the opinions of its managers?

Hillary, Greenspan and Volcker

I don't like for money the government takes from me at gunpoint to be used to subsidize other people's mortgage payments. That is what Hillary is describing, and I would not call it outstanding.

It's Getting Harder to Keep on Truckin'

Re the New York limos, this is another instance of politicians saying we must accept their preferences rather than following our own. Other examples are auto fuel (octane and must contain ethanol), CAFE, toilets (water per flush), shower heads (minimum flow resistance), lawn mowers (deadman handle), wood finishes (no oil vehicle), cash movements (must be less than $10,000) and cigarette ads (verboten). A complete list would probably exceed a thousand pages. The explanation is that Americans are effeminate sheep, afraid to insist on making their own choices.