I don’t know which team you were cheering for in the Super Bowl, but a friend of mine said there are 5 million reasons we all should have been cheering the Packers.
You’ll be glad to know that no matter who wins the Big Game this Sunday, it will mean a good year for U.S. stocks. That’s because “the Super Bowl predictor” — a statistical oddity first noted by market analyst Robert Stovall — says that whenever the winner is an original member of the National Football League, the market will end the year higher than it began. Since both the Pittsburgh Steelers and the Green Bay Packers meet that criterion, expect good things for the Dow in 2011.
*Show me your papers, Mr. President. In case you missed it, Rush Limbaugh has joined the debate about where Barack Obama was born. Rush took to the airwaves on his hugely popular radio show last Friday and declared, “It’s stunning to me… Where’s the President’s vow to end the debate over his birth? We’re going on four years on this… So much of this is difficult to fathom, to believe.” Stay tuned, folks. We may finally find out if our President really does have a Hawaiian birth certificate.
*If I lived there, I’d flee, too. Pity the poor folks in Illinois; they just got slapped with the largest tax increases in their history. Their legislature just hiked the state income tax by an astronomical 67 percent. Business taxes were raised an eye-opening 50 percent. No wonder the folks in the state above them are running ads saying “Escape to Wisconsin.” Wisconsin has actually promised to reduce taxes. Guess which one will get more new taxpayers?
*They actually read the Constitution. Well, here’s an encouraging sign. When the members of the new Congress took their seats for the first time last week, the very first thing they did was to read the U.S. Constitution. Out loud. On the floor of Congress. It’s the first time in history this has been done. […]
*They only need a million more. There was a story in the papers just before Christmas about Dennis Ferguson, a recent retiree who sent the State of California a check for $10,000. The gift was his way of saying “thanks” for unemployment benefits he received back in 1964. Gee, if they could only get a few more folks to be so appreciative. It would only take … let’s see now … oh, about a million more such gifts to pay off the state’s deficit.
*How to keep your new year’s resolution. Forget willpower, the experts say. It doesn’t work. (How many of us have learned that lesson how many times?) Instead, try punishments and rewards. Give yourself an extra treat when you achieve a goal for a certain length of time. And a punishment, such as missing a favorite TV show, when you have one of those inevitable lapses. Plan all of this in advance. And most important of all, keep trying until you make that new behavior a habit.
I have heard this powerful piece of poetry many times over the years — from a simple, solemn reading in a country church to the majestic pronouncement at the conclusion of the Radio City Music Hall’s Christmas show — and I have never failed to be deeply moved by it.
*They said WHAT about their leader? Seems a whole bunch of Democrats in Congress are upset with President Barack Obama about his compromise with Republicans over extending the Bush tax cuts. Heck, even Obama seems upset with Obama! But not to the extent of some Dems in the House, who chanted “Just Say No!” when […]
*One heck of a payday. Have you seen how much money the lawyers handling the liquidation of Bernard Madoff’s firm are being paid? The Manhattan Bankruptcy Court has approved payment of $5,010 a day for trustee Irving Picard. That sounds like a lot — until you learn that his law firm, Baker & Hostetler LLP, is receiving $283,179.45 a day for the work the rest of the staff is doing. Wonder if that includes Sundays and holidays?