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Be fearful when others are greedy, and be greedy when others are fearful.
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.” Op-ed for The New York Times, “Buy American. I am.” October 16, 2008, Warren Buffett
While Buffett is wrong about some things, he is right about this. It just may take some time.
Sheila Jackson Lee (Democrat) asks if the Mars Pathfinder will take pictures of the flag the astronauts left…
Around 1997 during a subcommittee briefing, Sheila Jackson Lee (Democrat) asked if the Mars Pathfinder will take pictures of the flag the astronauts left…
(see seds.org and NR)
All That She Wants is Another Baby by Ace of Base does not mean boyfriend, it means baby.
Some claim that in the song “All That She Wants” by Ace of Base “another baby” is synonymous with boyfriend (“Of course, baby means boyfriend”. *1).
Of course that is nonsense if you look at the lyrics to the song.
Look at:
She’s going to get you All that she wants is another baby
She’s gone tomorrow, boy.
How often is someone you would term of “boyfriend” “gone tomorrow”.
And look at:
“So if you are in sight and the day is right
She’s the hunter, you’re the fox
The gentle voice that talks to you
Won’t talk forever
It is a night for passion
But the morning means goodbye“
So a one night stand is a “boyfriend”? Since when?
The meaning is what it says: she wants a baby, perhaps in order to collect welfare benefits in Sweden – which were quite generous at the time.
*1 https://books.google.com/books?id=kOdwBgAAQBAJ&pg=PT32#v=onepage&q&f=false
30000 Florida Felons can vote
You gotta love this, 30,000 convicted felons who are supposed to be ineligible to vote in Florida are still eligible. See:
http://www.sun-sentinel.com/news/local/southflorida/sfl-flbfelons1012sboct12,0,3762352.story
Joe Biden misunderstands the Constitution
Gwen Ifell asked in the Vice Presidential Debate:
Governor, you mentioned a moment ago the constitution might give the vice president more power than it has in the past. Do you believe as Vice President Cheney does, that the Executive Branch does not hold complete sway over the office of the vice presidency, that it it is also a member of the Legislative Branch?
Senator Biden’s full response:
Vice President Cheney has been the most dangerous vice president we’ve had probably in American history.The idea he doesn’t realize that Article I of the Constitution defines the role of the vice president of the United States, that’s the Executive Branch.He works in the Executive Branch. He should understand that. Everyone should understand that.And the primary role of the vice president of the United States of America is to support the president of the United States of America, give that president his or her best judgment when sought, andas vice president, to preside over the Senate, only in a time when in fact there’s a tie vote. The Constitution is explicit.
The only authority the vice president has from the legislative standpoint is the vote, only when there is a tie vote. He has no authority relative to the Congress. The idea he’s part of the Legislative Branch is a bizarre notion invented by Cheney to aggrandize the power of a unitary executive and look where it has gotten us. It has been very dangerous.
1. It is Article II, not I.
Continue reading Joe Biden misunderstands the Constitution
No one making less than $250,000 under Barack Obama’s plan will see one single penny of their tax raised
No one making less than $250,000 under Barack Obama’s plan will see one single penny of their tax raised, whether it’s their capital gains tax, their income tax, investment tax, any tax.
Joe Biden during Vice Presidential Debate, October 2, 2008
Obama creates ‘truth squad’
KMOV reports:”Last Tuesday without any fanfare, the Barack Obama campaign announced Jennifer Joyce and Bob McCulloch, the top prosecutors in St. Louis city and St. Louis County, were joining something called an Obama truth squad.”
The governor of Missouri responded today, appropriately illustrating the outrageousness of these actions. In a free society, such tactics areabhorrentandreminiscentof the police state tactics of the USSR:
?¢‚Ǩ?ìSt. Louis County Circuit Attorney Bob McCulloch, St. Louis City Circuit Attorney Jennifer Joyce, Jefferson County Sheriff Glenn Boyer, and Obama and the leader of hisMissouricampaign Senator Claire McCaskill have attached the stench of police state tactics to the Obama-Biden campaign.
Biden says higher taxes are patriotic!
After noting that wealthier Americans would indeed pay more taxes, Biden said, “It’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”
Joe, two questions for you:
First, how patriotic have you been in the past 20 years? Have you been paying extra taxes to be patriotic?
No family making less than $250,000 a year will see any form of tax increase.
I can make a firm pledge, under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes. … [Y]ou will not see any of your taxes increase one single dime.
Barack Obama, Dover, N.H., on Sept. 12, 2008.