Tuesday, January 28, 2014

THOMAS PERKINS...THE RIGHT TO SPEAK YOUR MIND...

For twenty years I have read almost everything I can find on the history of Germany and its people.  There are no words to describe World War II and the Holocaust.  Words like horror, terror , Apocalypse, torture, cruelty, abomination and whatever you can think of cannot represent one grain of sand in the atrocity of the Nazi regime.

Albeit, that does not take away from a person's right to compare the holocaust to other human behaviors.  Whenever a minority group by race, religion, sex, economic standing, disability, education level or any such criteria are singled out for a form of punishment, that they are not given a right to vote down, they may be being abused.

The first thing the Nazis did was to confiscate the possessions of the Jews.  It was only later that the physical tortures and annihilation came into being.  

A person's wealth is their personal possession.  The Democratic party has singled out what has been called in the press the top "1 percent" as almost criminal because they have more money than others do.  The truth in the matter is that progressive tax rates don't increase the standard of living of people of less wealth.  What they do is form the basis of a democratic political  policy of promises rather than real results.

It was said long ago if we really want to improve our "best of class" country to an even better place we can.  We have to add more policies that increase the well being of the largest majority of people and stop the class warfare.

For the record, Federal Express and UPS do a more efficient job than the United States Postal Service.


WHAT IS INSIDE INFORMATION...WHERE DO YOU DRAW THE LINE?

A friend of mine went to a Doctor.  She was told she had a severe cancer.  The hospital had an experimental drug for this type of cancer.  She went home, looked up the drug, found out who made it and bought the stock.  Not only that so did her family, etc.  As it so happens the drug did not work as it was thought it would and the stock eventually collapsed.  The patient died.  Did she use inside information to purchase this stock?  Should her estate be sued for her use of this "inside" information?


PRESIDENT OBAMA - MINIMUM WAGE EQUALS POPULARITY IN POLLS...

The problem with President Obama is that he knows that his proposals on minimum wage are destructive to economic activity, not constructive.  The point being he proposes them anyhow because he is not interested in true economic improvement, yet only interested in political power which can come from giving people what they think they want, even if it will do them more harm than good.

President Obama should focus his energy into improving our educational system and providing more economic incentives to people of all ages who want to further their education so they can pursue higher level jobs.

Many young people have started by earning minimum wage and then worked hard to rise in their ranks and increase their income through success in their careers and seeking further education.  That is the way the world works.  If it isn't broken, why does he insist on fixing it?


Thursday, January 23, 2014

SAC PORTFOLIO MANAGER - WHAT IS RESEARCH??

There are so many things I could write about but I don't.  Our infamous government can't get Snowden, so it goes after a young money manager who tried to make his clients money.

The subject of what represents "research"on behalf of investment management clients has not even begun to unfold.  
 

Shepard Osherow. All Rights Reserved