MARCH 2012 On April 1, our ally Japan is playing a cruel little April Fools’ Day joke on us: The country is lowering its corporate tax rate from 39.5% to 35%. This will give the United States the dubious and awkward distinction of having, at 39.2%, the highest integrated federal/state tax rate among the developed […]
MARCH 2012 I sure do love the management team at Apple. It’s not because I own shares in the company (this has nothing to do with whether my clients or myself own shares), but because of the lessons they can teach all of us, especially our friends in Washington, D.C. about removing uncertainty from the investment landscape. Specifically, […]
JANUARY 2012 Poor Sport What a $%^&*#@ crybaby! Democrat Steve Driehaus from Ohio’s 1st Congressional District is throwing a hissy fit after losing the 2010 mid-term election. What do Democrats in the midst of hysteria do? They sue. Charging that its activities contributed to his defeat and therefore contributed to “loss of livelihood,” Driehaus is […]
JANUARY 2012 We want underpants today, all day Search for underpants, today We won’t stop until we have underpants Yum yum yummy yum yay Time to go to work, work all day Search for underpants today We won’t stop until we have underpants Yum yum yummy yum yay […]
NOVEMBER 2011 A recent study by the Swiss research University of St. Gallen seems to have scientifically proven what readers of our newsletter and listeners of the Watchdog on Wall Street Radio Show have been privy to for years. The University found that the behavior of stockbrokers’ tops that of psychopaths when it comes to […]
DECEMBER 2011 We have reported extensively on the National Labor Relations Board vs. Boeing travesty. We need to inform you that the episode has come to its conclusion. Chalk up a big win for the crony socialist extortionists. Not only did Boeing lose, but anyone who believes in liberty and the free markets did as […]
NOVEMBER 2011 Congratulations to all of our elected officials who were involved in making 2011, a record breaking year! Our fearless leaders really outdid themselves once again by wrapping up its biggest spending year ever and its second largest annual budget deficit. According to the Congressional Budget Office, for fiscal year 2011 which ended September […]
OCTOBER 2011 I find it interesting that many in our enlightened class, whether it be the mainstream media or some Nobel prize winning economist, fail to recognize the double-edged sword of artificially low interest rates. Low-interest rates are grand if you are a debtor, not so grand if you are a saver. It is even […]
OCTOBER 2011 I have been pointing out the painfully obvious and the all too often ignored truth about Wall Street and how it operates for some time now. It has been my contention that white-collar crime in this arena does pay. Almost every major scandal that has been exposed over the past fifteen years, has […]