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The Patriot

The Patriot
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  • "A Carbon Tax That America Could Live With" [View news story]
    " However, while being suitable skeptical of placing too much reliance upon ‘the reasonable man’ in assessing economic matters, it is equally questionable to discount the prospect that, on balance, people as a whole will tend to respond rationally provided the issue in question is squarely put."

    I consider myself a "reasonable man". The computer model of man made climate change is not IMO "squarely put" . The only reason CO2 is a pollutant, is because the Supreme Court said it was.

    If evidence mounts over the next couple of years to show there is no warming but indeed cooling, would you still support a carbon tax ?
    Sep 2 03:14 PM | 1 Like Like |Link to Comment
  • "A Carbon Tax That America Could Live With" [View news story]
    Its is very hard for me to forego anymore taxes until I see proof of more responsible spending. I for one, am furious over how my tax dollars are spent. As one that doesn't buy into the global warming model, a carbon tax is nothing more than a slap in the face.
    Sep 1 07:31 PM | 3 Likes Like |Link to Comment
  • GMO corn failing to protect fields from pests, report says [View news story]
    The population is now too large to maintain any semblance of balance. Man does not live by berries alone.
    Sep 1 11:51 AM | Likes Like |Link to Comment
  • Environmentalists say Keystone XL fails Obama's test [View news story]
    I agree with the grand standing scenario. I just want the public to be
    aware that "global warming" is a theory, a computer model. There are other credible explanations.
    Aug 30 01:24 PM | Likes Like |Link to Comment
  • Environmentalists say Keystone XL fails Obama's test [View news story]
    Sure would like to see a televised debate from the scientific community - for and against the theory of man made global warming.
    Aug 29 09:20 PM | Likes Like |Link to Comment
  • GMO corn failing to protect fields from pests, report says [View news story]
    Man is a "curse" to almost every other living creature on the planet.
    To think man can live in harmony with nature is wishful thinking. For everything that lives, something must die. It will always be survival of the fittest. If fertilizers, pesticides, and GMO crops are not used,
    a sizeable amount of the population will parish.
    Aug 29 06:11 PM | Likes Like |Link to Comment
  • GMO corn failing to protect fields from pests, report says [View news story]
    Those that perished into extinction never found a way ??
    Aug 29 06:06 PM | Likes Like |Link to Comment
  • 10-year Treasury yield wants 3% [View news story]
    "Confidence" is beginning to enter into the equation. Spending is still out of control and the strength of future economic growth is questioned. Half the country thinks we have fools running the country. In reality, nobody knows what the consequences will be - intended or unintended. Place your bets and hang on !!
    Aug 17 09:02 PM | Likes Like |Link to Comment
  • Interior Department: Building Keystone pipeline could damage U.S. parks [View news story]
    And how do claim anymore of a view than me ?? Your McMansion
    had no effect on the landscape ??
    Aug 16 09:06 PM | 2 Likes Like |Link to Comment
  • Interior Department: Building Keystone pipeline could damage U.S. parks [View news story]
    I feel a "light pollution" tax coming !!
    Aug 16 06:19 PM | 3 Likes Like |Link to Comment
  • Three signs we're close to a market top, according to Mark Hulbert: 1) A bull market's best returns typically come right before it dies, with the average bull gaining 21% in the year before topping. The SPY is currently up 23% Y/Y. 2) Riskiest stocks do best ahead of tops, and growth stocks have trumped value stocks by triple the historical norm in the last year. 3) Contrary to expectations, a nosebleed level of a P/E ratio is not a necessary condition for a market top. [View news story]
    No matter where we are in the market, half will be calling a top and the other half will be calling a bottom : )
    Jul 24 01:19 PM | Likes Like |Link to Comment
  • Should the government help finance homeownership? asks Robert Shiller in the NYT, referring to the conservatorship of Fannie Mae and Freddie Mac and the Federal Housing Administration's direct subsidization of home-ownership, not to mention execptionially loose monetary policy. Shiller doesn't seem so convinced, pointing out that renters can more easily move if they find a new job, while it's "hardly wise to put all of one's life savings into a single, highly leveraged investment in a home." [View news story]
    "Higher rates of home ownership are highly correlated to a lot of positive social effects -- lower crime, better school performance, more community involvement, the list goes on"

    I have heard that statement for decades. For the sake of argument,
    I will say its mostly true. My guess it has more to do with "family values" than home ownership.

    The stupid loan idea was fully backed by B.Frank et al
    Jul 14 10:47 AM | 3 Likes Like |Link to Comment
  • Base metal stocks have been hammered on China's weakening outlook, and Dundee Securities thinks there's worse to come, as another 15% drop in prices would cause "significant" distress for many miners. The firm downgraded 17 of them today, including Thompson Creek (TC) and HudBay (HBM), and upgraded only Teck Resources (TCK), to Buy thanks to its strong balance sheet as proof it can weather the storm. [View news story]
    Thinning of the herd is a good thing for the longer term investor.
    One cant time the top or the bottom - just try to get close.
    Jul 8 07:17 PM | Likes Like |Link to Comment
  • More fast food chains could follow the lead of Taco Bell (YUM) which is identifying menu items as "protein" instead of "meat" after a rash of global scandals tainted the word meat with consumers. Taco Bell's "Power Protein" menu is one of the first in the sector to highlight nutrition at the same time as it increases portions of chicken, beef, or steak. [View news story]
    In a few years they will change the labeling from protein to "soylent green"
    Jun 24 01:23 PM | Likes Like |Link to Comment
  • Market recap: Stocks powered up and closed near session highs after the monthly jobs report painted a Goldilocks picture of steady economic growth that's slow enough for the Fed to maintain its stimulus policies. Fund clients added to positions and hedge funds closed out some bearish bets, as some of the calm that had prevailed for much of the year was restored. The dollar nosed higher and Treasury prices fell in choppy trading. [View news story]
    Any guess to what the average % drop would be, to start triggering the stops ??
    Jun 7 05:21 PM | Likes Like |Link to Comment
COMMENTS STATS
316 Comments
499 Likes