Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Economy
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Friday January 21, 2010 I have advocated a business history course but it is not to be with the new 120 hour limitation. Here is a good example of why history is important. The French were driven out of Haiti with a slave led rebellion in 1791, rebellion was sweeping the globe. The French dominated…
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Tuesday Jan 19 2009 Marc Faber lives in Hong Kong and travels the world. There are many forecasting an imminent collapse in the US Dollar. Well it has to collapse against something, Other currencies around the world are in much worse shape than the US Buck. We have been posting about this but to re…
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Monday January 18 2009 Bull markets are inclusive and reflect good feelings .Bear markets are exclusive and reflect increasingly negative feeling. We are witnessing those negative feelings over backroom deals for Nebraska and Louisiana as their Senators got favorable treatment to vote for Obamacare backroom deals to exclude Cadillac union health care plans from various…
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Sat Jan 16 2009 I assume the black line is inflation adjusted. The blue line is what is known as a parabolic curve, all parabolas end with a crash. The headline is that buyers find bargains on country property. However the correct comment is from A & M REal Estate researcher Charles Gilliland, The…
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In the continuing downturn expect to see many more realistic approaches. Expect people to find alternate careers. One woodworker in Kerrville has done just that with Final Furniture Funeral costs are ridiculously high. And as Final Furniture points out, frankly the body decomposes n matter what kind of fancy box one uses for burial, so…
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The Permian Basin of Texas consists of the 50 counties in far West Texas that produce about 20% of all the land based oil and gas in the US. We should be proud, not ashamed of this. Yet the fantasy of green jobs continues. I am all for wind energy, there are many large wind…
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Wed Jan 13 2010 Hmm, seems a study reveals that all that stimulus money has not resulted in any job creation. Yet the Administration claims it would have been worse with out it. Okay class how about a little critical thinking here? The markets collapse, massive selling on Wall Street, house prices plunge, there is…
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Wed Jan 13, 2010 It is important to read a variety of opinions, reading writers outside the US is also important to obtain different points of view. Forbes magazine used to be the to business magazine. But in my opinion they are more a sort of Town and Country meets Vanity Fair at Wall Street.…
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Wed Jan 13 2010 The latest revelations about communications between Treasury Secretary Geithner and AIG Now there are calls for his removal from office if not prosecution for securities law violation. We have linked to many articles the last few months about the behind the scenes shenanigans involving the various bailout schemes. But the gist…
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The internet can bring distinguished Speakers right into your computer, here is an example as NRO interviews Prof Tom Sowell on his latest book. Prof Sowell usually avoids tv interviews as he does not like to be boxed in by the questions or later editing. A rare opportunity to hear this well published author speak. …