Congratulations to Paul Pierce for a great career and retiring as a Celtic. After 19 incredible years in the NBA, Pierce signed a contract allowing him to retire as a Boston Celtic, where he spent the bulk of his career. Pierce said of the contract "It's an honor to have this opportunity to once again call myself a Boston Celtic. The organization and city took me in and made me one of their own, and I couldn’t imagine ending my career any other way. I’m a Celtic for life." … [Read more...]
Are EnerVest Investors at Risk?
The energy hedge funds of private equity firm EnerVest are said to be worth "essentially nothing" to its investors by the Wall Street Journal. But the firm's senior vice president Ron Whitmire says that's just not true. According to Houston Chronicle reporter Jordan Blum, Whitmire "disputed that assertion, arguing that upcoming asset sales will create the necessary value to pay off much of its debt. That may not alleviate the concerns of investors who have seen their financial bets largely disappear. Whitmire declined to comment on what EnerVest is telling its investors, citing … [Read more...]
Why Don’t the Pro-Tax Rich Pay More Voluntarily?
Dan Mitchell of the Cato Institute shines a spotlight on politicians and activists who advocate for higher taxes but don't voluntarily pay the rates they recommend. The obvious takeaway, these folks don't put their money where their mouths are. If you want to see a bunch of hypocritical leftists squirming with embarrassment, there’s a very clever video [watch below] showing what happens when a bunch of pro-tax hike millionaires are asked to voluntarily pay more money to the IRS. I’ve even debated some of these rich, pro-tax statists on TV, telling them not to make the rest of us victims of … [Read more...]
Bezos and Musk Ignite The American Rocket Revolution
If you're near Oshkosh, Wisconsin from the 24th to the 30th, you'll have an opportunity to check out Blue Origin's New Shepard rocket and astronaut space capsule at the Experimental Aircraft Association's 65th annual fly-in convention. Blue Origin, funded by Amazon.com founder Jeff Bezos, calls the New Shepard "fully reusable," explaining: The New Shepard system is a fully reusable vertical takeoff, vertical landing (VTVL) space vehicle. Blue Origin explains: The system consists of a pressurized capsule atop a booster. The combined vehicles launch vertically, accelerating for approximately … [Read more...]
This is the Best Way to Achieve Good Fiscal Results
Dan Mitchell, a senior fellow at the Cato Institute and author of the blog International Liberty , has posted a great video by the Center for Freedom and Prosperity explaining why spending caps are the best way to achieve good fiscal results. In addition to the video, narrated by Yamila Feccia (watch below), Dan offers five extra points about government spending control: Demographics – Almost all developed nations have major long-run fiscal problems because welfare states will implode because of aging populations and falling birthrates (Ponzi schemes need an ever-growing number of new … [Read more...]
This Major American City is Looking at Bankruptcy
I have recently written to you about the possible bankruptcy of the state of Illinois, potentially the first state in the country ever to go under financially. But travel a thousand miles east from Springfield, and you'll land in Hartford, CT a major American city that just had its debt rating cut to junk status. Zerohedge writes: ...on Tuesday afternoon, S&P pulled off the band-aid, and downgraded the city's bond rating by two notches to BB from BBB-, also known as junk, citing "growing liquidity pressures" and "weaker market access prospects", while keeping the city's General … [Read more...]
“What a Sexy Gun this Is”
If you want to train with an instructor that takes shooting seriously and yet helps you feel relaxed then Sig Sauer’s Chris Cavallaro is your guy. “Cav” was my instructor for the Sig Sauer Academy shotgun course I took a number of year’s ago. Yesterday, a friend emailed me a picture of his new 1911 Super Target. It’s a beauty. … [Read more...]
My Most Popular Post so Far this Year
This year my investment readers, focused on their long-term retirement survival, have been tuning in to one post more than any other. "Why Vanguard GNMA Works for You in 2017" has been a hit. Read it below. It’s time to get your lazy money off the couch and back to work. You know the lazy money I’m talking about. The rainy day fund that’s turned into a big-screen TV, the matured CDs that took a cruise to the islands, and the emergency cash that’s betting on Apple. Let’s not forget where your safe money should safely be employed: At Vanguard GNMA. Did you know that over the last … [Read more...]
“What a Sexy Gun this Is”
If you want to train with an instructor that takes shooting seriously and yet helps you feel relaxed then Sig Sauer’s Chris Cavallaro is your guy. “Cav” was my instructor for the Sig Sauer Academy shotgun course I took a number of year’s ago. Yesterday, a friend emailed me a picture of his new 1911 Super Target. It’s a beauty. … [Read more...]
No Surprise that State-Run Schools Advocate Bigger Government
It's no big surprise when teachers at public schools espouse ideas that focus on expansion of the state. They are part of the government after all. Maria Biery, writing at The American Conservative examines the issue of liberal indoctrination during school. In my own experience, during my years at a public high school, I had a teacher who aired his left-leaning political views on a daily basis, during class hours, when we were supposed to be learning biology. I can remember sitting in the back of the class with my fists clenched asking myself, “What are we learning right now besides what he … [Read more...]
- « Previous Page
- 1
- …
- 425
- 426
- 427
- 428
- 429
- …
- 494
- Next Page »