*Where were you on Nov. 16, 2000? Most of us would find it impossible to know for certain where we were on any given day—especially if it were almost a decade ago. But for one hedge-fund manager, his whereabouts for four days in 2000 was worth almost $27 million. That’s how much Julian Robertson saved […]
*What Barack Obama should do. A Straight Talk salute to Liz Cheney, daughter of former Vice President Dick Cheney, for the best suggestion I’ve heard regarding Obama’s acceptance of the Nobel Peace Prize. Here’s what she said: “What he ought to do, frankly, is send the mother of a fallen American soldier to accept the […]
*A congressional honor role. Here’s a tip of the hat to the seven House members of the Congressional Black Caucus who voted to defund the Association of Community Organizations for Reform Now (ACORN). They were Sanford Bishop of Georgia, William Lacy Clay of Missouri, John Conyers of Michigan, Artur Davis of Alabama, Hank Johnson of Georgia, Kendrick Meet of Florida and Laura Richardson of California. Since there are 35 members of the Congressional Black Caucus in the House of Representatives, this means that a staggering 80 percent of them voted not to stop taxpayer funds from going to an organization that has been caught on video at least five times offering advice on how to practice slavery.
Thanks to the recession, the Federal government is collecting less in taxes than expected, but increased spending is ramping up the deficit. The recession is also affecting millionaires, and the ranks of that group fell by 15 percent last year. But the recession isn’t affecting China as much, as almost one-third of new listings on Nasdaq are Chinese companies. American ingenuity hasn’t been stifled either. To learn more on these subjects, continue reading…
*Congress rebukes Obama for dictatorial claim. It wasn’t the biggest issue to come before Congress in a long time. But as a straw in the wind, it could be significant. On July 9, the U.S. House voted overwhelmingly (429 to 2) to tell President Obama he has to obey the law. The previous month, when […]
Barack Obama defeated John McCain by about 7 million votes last fall. Now some 10 million voters say they don’t like what the president is doing. Is the Obama honeymoon over, and what does it mean for the future of the president and his party? Read this article to find out…