Thursday, July 31, 2014

Got a letter to the editor published in New York Post today-about Joe Torre's snub of George Steinbrenner.

Got a letter to the editor published today in the New York Post.It was about Joe Torre giving a speech at the Hall of Fame ceremony and not mentioning(giving thanks) to George Steinbrenner in the speech.
This is what I wrote,"Steinbrenner,whether in heaven or hell,is paying for his sins,for he ain't the boss no more.
Now,to add insult to injury,he is snubbed at the Hall of Fame ceremony by Joe Torre.And one can just imagine the former boss with great ire saying:"Say it ain't so,Joe!" 

Tuesday, July 29, 2014

Wilbur Ross to invest heavy in the Bank of Cyprus

Wilbur Ross,well know buyer of distress asset,is buying stock in the Bank of Cyprus.Of course,a few years ago the bank had liquidity problem,deposit over 100,000 euros where siege,evently the deposers were given stock in the bank.
Curiously in these time most sieges of deposit where from Russian.The Bank still has close relation with Russian,indeed,it's branches are only in Cyprus and Russian.
Interest the other day a Russian Steel company sold two plants in America to Steel Dynamic(an American Company started by Mitt Romney) for over 2 billion dollar.Now why did the Russian company do that? Maybe Putin want to move in wood have less asset out the country,or maybe the owner want to get there money out and put it in foreign bank say the Bank of Cyprus.

Is Sarah Palin crazy or crazy like a fox?

Is Sarah Palin crazy or crazy like a fox? When Sarah Palin went on Fox News about week ago and said President Obama should be impeached,I thought(which usually leads to headaches)myself Palin is either an idiot or desperately seeking attention.Well it turns out she is starting a TV Web show,charging 10 dollar a month to subscibers.So maybe she is crazy like fox.But it's all about Sarah don't you know,for Ms.Palin cares little about the conservative movement(indeed she cares more about bowl movements)or the Republican.

Friday, July 25, 2014

The great divide in the Republican Party isn't the establishment versus the conservatives no but rather the conservatives versus the populist.

The great divide in the Republican Party isn't the establishment versus the conservatives,but rather,the conservatives versus the populist. The Tea Party isn't conservatives it's populist,for example a conservatives would pro-business pro-corporate,the Tea Party is none of that,indeed,their rhetoric often sounded quite socialist.Government must brend to will,comprise is alien idea to those people of the Tea Party.Indeed,the Tea Party just maybe the death of conservatism and the Republican Party.

Argentina broke,Statoil(Norway's oil company)doubles profits,Germany confidence down.

Argentina broke,Statoil(Norway state control oil company) doubles profit,Germany's business confidence index down.
Argentina near default on bonds,so what else is new?
Statoil(Norway's state control oil company,the state doesn't own a hundred percent of Statoil,indeed,you could buy their shares on the NYSE) doubt the promise of shale oil,curious story in that a story has appeared that Scotland has much promise of shale oil,however,maybe a rumor to get people to vote for independence,North oil is at peak? What would Scotland do if separates from U.K for currency? Can't use Pound,Bank of England said no.EU says maybe not admitted to the,hence, can not use Euro as currency.
Germany confidence business index down maybe not such a wonderland.

Thursday, July 24, 2014

A good time to invest in Russia?

A good time to invest in Russia? You must crazy to invest in Russia or maybe crazy as a fox? Lord Rothschild once said the time to make money is when there is blood in the street.A few weeks ago gold bug Jim Grant said Gazprom was good stock to buy.However, back in 1917 Noble sold his monopoly on Russia oil to the Rothschilds,henceforth,Russia of course had revolution and Rothschilds sold their interest to Standard Oil of New Jersey in 1922 bad deals only Noble make the smart move so somethings blood in street doesn't work out,but most times it does.

Saturday, July 19, 2014

Are Rand Paul and Obama perfect together?

Are Rand Paul and Obama perfect together? I think so,both believe America should shrink from it's foreign obligation,they both see  America as an force of evil and aliens forces to democracy serve the interest of the world.Both believe in legalize drug and same sex marriage,indeed,perhaps Paul and Obama should get marry.
Now nonsense written about foreign policy,for example in my local paper the Record a columnist and from Philly(although he sounded silly)cable show guy(I think on CNN) who claims to be a conservative,but isn't wrote that Obama's foreign is like Nixon and maybe Reagan's.And heard Paul claim he's foreign is like Reagan:WHAT NONSENSE!!!
Nixon and Reagan like most American Presidents(although Reagan was most successful in history:after all when you win a war without firing a bullet that's pretty remarkable thing)were Wilsonians the opposite of Paul and Obama.