Thursday, November 30, 2017
A Power Equation
If a man in the public eye is making millions and is considered to have great clout in media, if he makes a pass on a female subordinate, is it attempted seduction or abuse? It sounds to me like the mob making the offer you can't refuse and seems very exploitative and wrong.
Wednesday, November 29, 2017
The Spear Catchers
Members of my family have had about as much luck picking stocks as the fellow who bought the horse-drawn carriage manufacturer in 1920 knowing it was just a matter of time before the horse and buggy made a big comeback. We never bought into companies that were "too big to fail", preferring to sock our money away in enterprises too small to succeed.
Tuesday, November 28, 2017
Juggling Some Chainsaws
I am watching a particular stock that surged yesterday on an announcement that they are restructuring. I still will not buy in because forty-six state attorneys general are suing this particular company (and several others) for price fixing. How does restructuring mitigate the damage the government going after a company does?
Monday, November 27, 2017
Which Bursts First
Do you think the BitCoin bubble or US stock markets will crash first? I think BitCoin because there is absolutely nothing behind it, no government guarantee, no intrinsic value, and a great chance some national or transnational entity figures a way to mess it up.
Sunday, November 26, 2017
Spring in Fall
Nashville is in the sixties today. I saw dozens of bicyclists, joggers, and motorcyclists out today enjoying the false spring. That will change soon enough though.
Saturday, November 25, 2017
About Economic Fairness
In spite of the fact that there are hiring signs up all over Nashville, you still see homeless on street corners holding signs emblazoned with "will work for food". These con artists do not want to "work" at all or they could easily find work with fair wages.
Friday, November 24, 2017
Just Spend Away
Social critics from Pope Francis on down have condemned consumerism. What more fair way of distribution is there than free market capitalism? How nice was life in planned economies like the Soviet Union? Pope Francis could not be more wrong. Allowing a person to offer their labor for the price they believe it is worth and buying what they need and want with the proceeds is the best way ever devised to distribute resources.
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