Professor Elam
Accounting & Investing Info for San Antonio A & M
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This article suggests that the Tax Revolt is alive and well, it certainly was in Indianapolis. I suggest that the concept of what constitutes a tax needs to be exapanded. For example UT Austin has proposed hiking tuition yet ANOTHER 13% over the next two years. UT Austin is the highest state tuition in Texas…
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As always, Tom Sowell clear ths air on whether folks are making more money, surprise, they are. This flies in the face of the media mantra that the poor are getting poorer, no they aren’t, read Dr. Sowell and see why. And here is Part II as Dr. Sowell continues to deconstruct misleading statistics. We…
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Martin Sosnoff actually plays the Wall Street Game and I would rather listen to a player than someone on the sidelines pretending to lay. This weekend I reached the same conclusion that C had finished five waves down on the charts and might be a buy, there is certainly enough bad news to justify it.…
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Okay the holidays approach and that means a lot of folks will be home yes including the kids, what to see that is not some syrupy ‘family’ fodder and not some silly cartoon, well let’s start our list! Ratatouille is out on DVD and reallyreminds one how far computer animation has come. The scenes in…
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Amierican Airlines avoided Bankruptcy in 2003. Now we can compare them with other airlines that took the BK route. Regrettably all the graphs in the printed article are not in this hyperlink, another reason why print still has advantages. I have the actual article and you should examine it for more tips on how to…
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A New Jersey SWAT Team was disbanded after ‘racy’ photos them with Hooters waitresses, along with the handcuffs and guns, were ‘discovered. ‘ Did these guys think this would get them a promotion? Now employers are routinely checking web sites, you tube, etc for any of you extra curricluar activites that you might have neglected…
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In the Intermed I class this week I asked why gold was $800 and oil is about $100. The answer is the low level of the US Dollar. This topic was proposed at the OPEC Meeting. No friends of the US, Iran and Venezuela, suggested that OPEC would do much better by diversifying out of…
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JCP stock price has fallen 05% in the last few months. Earnings not only affect stock prices but bond ratings as well. As you will read JCP debt has gone from junk to marginal investment grade status. I will be checking prices on their debt this next week. This is another good example of how…
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Daniel Henninger takes a look at 1968. I don’t think any of my students were around then but as he says, it was quite a year. By the end of February, a scant three months off, the two major candidates will have been chosen. With Iraq off the front pages of the papers, things must…
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In Intermed Acct Class this Wed I asked why gold was $800+. The answer is the falling dollar. In this article Pat Buchanan provides some historical perspective on what has been going on with the US Buck. Whle Buchanan is hard to pin down, he seems better when writing as an outsider. We have dsicussed…