Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: New Civil War
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3/28/2025 Falling on His Own Sword The NFIB recently reported the net percentage of businesses raising average selling prices rose 10 points between its January and February surveys, which was the largest one-month increase since April 2021. Those results are consistent with reports from Eighth District business leaders who tell us they expect to pass…
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Tuesday Sept 22 2020 One of my 12 steps in Conquer Accounting is to adopt a pattern of reading investment websites as well as the WSJ every day. Today's Tuesday issue is a great example. Let's get started On the back page fellow socionomist Peter Atwater is quoted commenting on the GM Nikola deal at…
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Tuesday July 4, 2017 Hello! Is this Gordon's Pizza?No sir, it's Google Pizza.I must have dialed a wrong number. Sorry.No sir, Google bought Gordon’s Pizza last month.OK. I would like to order a pizza.Do you want your usual, sir?My usual? You know me?According to our caller ID data sheet, the last 12 times you called…
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Tuesday April 29. 2014 Toyota has moved from Torrance, CA to Plano, TX. Toyota said it was too far from manufacturing in Kentucky, and presumably Texas, and engineering in Michigan. This article lists other firms which have moved. The names are impressive. CA of course disses this with th Governor saying there are little problems in…
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Monday April 28, 2014 A couple has been awarded $3 M for contaminated ground water from tracking. There are clear analogies to this case. For years the cigarette companies successfully beat back similar cases claiming health loss or death from smoking. Once the plaintiffs finally won a verdict, it was all downhill for the tobacco…
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Friday July 19 2013 Roy Bragg responds to NYmiddlefingerTX.com, which as he says really is the web address http://www.nymiddlefingertx.com which of course has negative things to say about Texas. Welcom to the New Civil War, now on the net.
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Friday July 19 2013 TAMUSA accounting student Joe Dupuy requests a comment on the Detroit bankruptcy. He noted I have mentioned this in class. Here is a good WSJ explanation of what is going on. Detroit joins Jefferson County AL, Stockton, CA, and San Beniamino, CA in BK court. Chapter nine was created for cities after…
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Friday October 26 2012 One student reports that many govvernment contractors in San Antonio are already worried about job and contract looses due to the looming sequestration and fiscal cliff. This article suggests that the pullback and uncertainty is already causing job losses. In one of his novels. Tom Clancy has a 747 crash into a joint…
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Monday March 26, 2012 $270 Billion in student lons are 30 days delinquent. We maintain that the trillion of student loans will be the sub prime crisis for the next financial meltdown. It may have begun already. While a dilapidated shack in Tornto or Detroit can lose most of its value, the dirt under the house…
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wed Sept 7, 2011 While we can debate the best calls here or what is truly useful, the clear winner in the worst call so far was my suggestion last year to purchase UUP, a bet on the US Dollar. The same bet on TLT paid off very well this year and we hope that…