July 30, 2015 As America becomes more polarized, many citizens are making political statements with their investing. Liberals shun the so-called evil oil companies while there are mutual funds for social conservatives to avoid investing in products such as birth control pills and IUD's. This makes little sense. If you are a political ideologue, you should invest in products you despise. That way, no matter what happens, you'll be happy. For example, let’s say you are outraged by the corporate malfeasance of British Petroleum. It galls you that they reportedly cut corners on worker safety resulting in an explosion that cost 15 workers their lives and polluted the Gulf Coast for years. You can e-mail your complaints to politicians who will use robo software to delete them from their inbox; or you can make the smart move and buy British Petroleum stock. It has been battered so much that it is now paying a generous 6.3% dividend. If the stock continues to decrease, even though you lost a few bucks - you can console yourself with the knowledge that some canned BP executive is in divorce court with his screeching trophy wife who has been humiliated … [Read more...]
A Fourth of July Salute to the Anglo Saxons
We Americans love to celebrate our diversity. We have Columbus Day, St. Patrick’s Day and Martin Luther King Day. Various ethnic groups have parades to honor their culture; and this is fine. But we often forget about the one group to whom we owe our freedom and prosperity – the Anglo Saxons. Tenth century England was a primitive place. It was barely an Iron Age culture, with marauding tribes engaged in internecine struggles among themselves and against the invading Vikings. Illiteracy was the norm. Meanwhile, Japan had established an advanced culture of writing and literature. Thirteenth century China built ships ten times the size of those Columbus used to cross the ocean. The Arab world invented algebra, advanced architecture and a body of literature that delights children to this day. Meanwhile, the English survived by subsistence farming, lived in huts and walked around in clothing that was nothing more than a burlap sack. Yet the people from this small island established global hegemony. Why? Because while other cultures lived under Rule of Men, the English developed Rule of … [Read more...]
Journalists and Republican Party Insiders Need More Education
June 8, 2015 Now that the Democrats have succeeded in massively increasing our taxes, Republicans are outraged.Some are blaming the media, claiming biased liberal journalists misled the voters by covering up Governor Dan Malloy’s obvious lie when he pledged not to raise taxes. Others are blaming Republican Party Insiders for manipulating the Convention System and denying electable candidates access to the ballot in order to receive lucrative consulting gigs and yacht rides from unelectable Greenwich millionaires running vanity campaigns. Both are wrong. The real problem is a lack of education. Journalists do not have to take classes in mathematics; thus, they are unaware of some basic concepts. For example, let’s say Sally has 4 apples. She would like to have 5 apples. How many apples does Johnny have to give Sally so that Sally has 5 apples? This problem can be solved by employing what is called subtraction. Since Sally wants 5 apples but she only has 4, we subtract the number 4 from the number 5. 5 – 4=1. This means Johnny must give Sally one apple. Most journalists will get this correct after several attempts. The problem occurs when … [Read more...]
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