The most wonderful thing has happened! The recovery has arrived. The recession is over, and there are sunny skies ahead. Ask anyone on CNBC, if you don’t believe me. Ask Sir Greenspan, and he’ll tell you. Isn’t it great to know that the storm has passed, and the “all clear” has sounded? It gives one […]
Would you put Greasy Smeazy’s Motor Oil in your Mercedes, Ford, or even lawn mower? Of course not. “Greasy Smeazy” would be the hallmark of that motor oil. A hallmark is similar to a trade mark, brand name, or other identifying mark which guarantees the quality, quantity, or manufacturer of that product. You buy Duncan […]
What is a “buck?” The term’s origin may interest you. It seems that well over a hundred years ago, in Oklahoma, George Washington Miller, a budding entrepreneur, started what became America’s first theme park. Called the “101,” it featured bareback riders, Indian raids, roping, bronc riding, fake bank robberies, and a host of other amusements […]
We all have “assets” of various kinds and types. We have our looks, and this seems to be especially important to women, who go to great lengths and expense to maintain them. Us guys have looks, sort of anyway, which most do not go to any great length to maintain. But these assets we all […]
Is there any other kind? As an example, suppose you are Sam Waksal, a doctor, who thinks he has developed a cancer fighting drug that really works. Naturally, you must have government approval, and we all know how truthful and unbiased the government is, don’t we? Well, the government says, “no dice” to poor Sam, […]
I know this is unusual, but it has to be done, simply because of its wide implications, and the fact that it might be the hinge on which the American economy swings. More and more letters have come to me about these columns on housing. Letters from South Carolina, California, Maine, Maryland, Ohio, Las Vegas, […]
I’ll never forget the raspberries Gold Eagle writers used to get, when we accurately predicted the stock market crash. “You guys are nuts,” is basically what our dire warnings were greeted with, by the 90% who disagreed with us. At my Kiwanis club, 2 years ago, when I warned a speaker who was stock-broker about […]
This could be America’s next nightmare, and possibly even worse than the stock market going down the tubes. Think about what has been the second biggest balloon of late. The NASDQ went through the roof with no profits, nothing but momentum and ’pro forma’ estimates of future profits. As the old song goes, “They say […]
Monday, July 15th, will go down in the history of stock market trades as the pinnacle of manipulation. July 15th will be used as the classic case of the PPT in operation. The PPT, to the uninitiated, is the so-called “Plunge Protection Team,” which was formed by executive order under the Reagan administration, after the […]
Government is inherently stupid, greedy, and self-serving. We all know that the more bucks they print, the less they will be worth, and the higher prices will go for everything bought with dollars. Shouldn’t we be upset when government gives dollars away like it is a huge Monopoly Game? A billion here, $500 million there, […]
