Relevant and even prescient commentary on news, politics and the economy.

We love people too

rdan RL says last night: Let me tell you who we conservatives are: We love people. [Applause] When we look out over the United States of America, when we are anywhere, when we see a group of people, such as this or anywhere, we see Americans. We see human beings. We don’t see groups. We […]

Shareholders and risk

rdan Paul Kagan asks this question: You won’t find the names of many of these funds in the published lists of banks’ largest investors, because they’re hidden behind the names of the money management firms they retain to make the actual investment and trading decisions. If nationalization destroys the common stock (and possibly preferred shares) […]

Warren Buffet’s annual letter to shareholders

Reader Donald sends us this note on Warren Buffet’s wisdom: I’ve just finished reading through Warren Buffet’s annual letter to Berkshire-Hathaway shareholders I’ve extracted some general interest stuff below: … “This debilitating spiral has spurred our government to take massive action. In poker terms, the Treasury and the Fed have gone “all in.” Economic medicine […]