Wed Nov 16, 2016 A lead article in today's WSJ describes how China is discovering the price of global power. Or as the Fish Rag put it during the Viet Nam War https://video.search.yahoo.com/yhs/search?fr=yhs-adk-adk_sbnt&hsimp=yhs-adk_sbnt&hspart=adk&p=the+fish+rag#id=0&vid=4fcc663a9e2273e2413d74fd8da4704c&action=click Which is to say people die in war. The article details a Chinese soldier with a UN Force in Africa. His vehicle…

Friday August 26, 2016 I have seen a couple of movies where the heroes were being chased. The heroes were on a wood burning train or a ship with a fired boiler. Out of fuel, in each instance they began tearing up the wood in the train or the boat to fuel the boiler. So…

Friday April  15 2016   Oil Prices Rebound as Governments Target Big Oil Zero Hedge provides a look at just how much oil is waiting to be off loaded. http://www.zerohedge.com/news/2016-04-13/stunning-photos-huge-oil-supertanker-lines-forming-worlds-biggest-traffic-jam This link is provided to emphasize the point we have been making in this space the last few months; new readers take note. The price…

Weekend March 12, 2016 How the EPA is Contributing to Global Warming! By Alan M. Preston, MHA, Sc.D. The mission of Environmental Protection Agency (EPA) is to protect human health and the environment. The EPA came into existence during the 1970s under the Nixon administration. It seems there is an impression that only Democrats care…

Wed Feb 17 2016   Sociologist Inexplicably Charged With Saving Venezuela’s Economy Fired After One Month Venezuelan Sociologist Luis Salas has been fired after just one month on the job as the country’s Economy Minister. The Venezuelan economy is currently spiraling out of control due to low oil prices. Oil exporting giants Russia and Saudi…

Wed  Oct 14 2015 We are studying the calculations of earnings per share in ACCT 3304. Today WMT reported a drop in their earnings of 12%. Investors promptly took the stock down 10% as a result. This is the biggest one day drop for WMT in 17 years. TGT and SHLD also fell but not…

Thursday Oct 1 Jacob Lew is a political hack, with no qualifications to be Treasury Secretary.  But even he recognizes the USA is broke.  The political solution is to of course, raise the debt ceiling. The better solution would be to cut spending, like say for entitlements. 

Tuesday Sept 8, 2015 Tom Sowell teaches at Stanford and is always worth reading.  The WSJ Weekend Interview is with him.  He has authored over 40 books and is now 85 years old. 

Weekend July 25, 2015 Puzzling Divergences in the Energy Sector I’d say there is a big difference psychologically between $50 and $49. Allen Gilmer, CEO DrillingInfo The market for surface oil technologies in North America is stabilizing though it is unclear where it goes from here. Charles Sledge, CRO, Cameron International The prognosis assumes no…