October 2013
Labor statistics were reported last week and they stunk again, as just 148,000 jobs were added. A number twice that amount is good, but three times is what we really need. Even so “the market” instantly traded up on the weak labor stats. Why? Because a poor jobs market means continued quantitative easing (QE). Every...
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In what many hoped would end with a long-term solution to our Nation’s fiscal woes, all the drama and fanfare surrounding Washington DC ended in a thud, again. Last week a “deal” was struck to end the government “shutdown,” and for all the perceived relief it brought, details are sparse. What exactly was agreed to?...
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A little sanity needs to be inserted to the conversation regarding the government shutdown and the debt limit. Let’s begin by eliminating one easy distraction: the government shutdown is not an actual “shutdown.” It’s a temporary minimization of government. The people furloughed (or temporarily laid-off) during this time will be paid their full salary for...
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of