mikesall

Ben Stein Watch: December 28, 2008

I gave my opinion of Stein a while back on my blog..

An addendum..Ben Stein weighed in on TV today and said those of us opposed to a bailout are un-American..This from a would be conservative who gave Al Franken money for his senate campaign (now that's really un-American), whose father was an economist but he can not even understand supply side economics. I kid you not. With every financial crisis, or crisis of any sort, he advocates raising taxes, buying into the Democratic insanity that money can be extracted from the economy without any effect. Earth to Ben: The life blood of an economy is capital...raising taxes is no different than bleeding a sick patient. Every economy in every part of the world proved this. It is not only that he is wrong, but he is arrogant and has now slandered those of us who disagree.

Which Energy Trusts are More Vulnerable to Distribution Cuts?

Harvest is less likely than most to cut..They did not enjoy much of the benefits of the price rise of oil (due to large hedges), and thus their cash flow be less affected than most by the oil price decline.. They also earn about one third of their money from refining, which last quarter was a disaster, but this quarter has improved considerably. Currently the crack spread is over 3 times what it was at the low.. Their cash flow this quarter will exceed the last..

Dendreon: The Provenge Approval Scandal, One Year Later

re: user 108506 The answer to your question about why not a 500 or 1000 patient test (implying DNDN was afraid of a larger test), is COST.. These test costs are astronomical..period.....