NASDAQ crossed 5,000 for the first time in 15 years. That’s a long-time to wait, especially if you’re not getting paid. Back in 2000, when it peaked, NASDAQ yielded one-tenth of the S&P 500 or 0.12%. Imagine investing for 15-years and getting paid. I’ll use a 4% yield as an example, which was hard to […]
Archives for March 2015
Lincoln: Malice Toward None, Charity for All
From President Lincoln’s second inaugural address, delivered 150 years ago on March 4, 1865: One-eighth of the whole population were colored slaves, not distributed generally over the Union, but localized in the southern part of it. These slaves constituted a peculiar and powerful interest. All knew that this interest was somehow the cause of the […]
Grateful Dead: “Fare Thee Well”
The Grateful Dead’s “Fare Thee Well”: Celebrating 50 Years of Grateful Dead” comes to Chicago’s Soldier field this Summer. From the WSJ: The Grateful Dead’s Bob Weir, Phil Lesh, Mickey Hart and Bill Kreutzmann will be joined at the “Fare Thee Well” concerts by Phish’s Trey Anastasio, Jeff Chimenti, and Bruce Hornsby. Online tickets to […]
War on Women Gibberish
“The truth is not nearly as politically useful as scare statistics,” writes Thomas Sowell in NRO. “The ‘gender gap’ is not nearly as big as the honesty gap.” Hillary paid the women on her Senate staff 72% of what she paid the men. And at the White House, there is a pay gap between men […]
Only 14 States Set up Exchanges
Read here the Cato Institute’s Ilya Shapiro writing on King v. Burwell: King focuses on the subsidies that help people pay insurance premiums, one ACA pillar the administration has toppled. Because Congress couldn’t constitutionally command states to establish exchanges, it authorized these credits for people who buy insurance “through an exchange established by the State.” […]
Obamacare’s Broken One Size Fits All
“The stakes couldn’t be higher,” writes Nebraska’s Senator Ben Sasse in the WSJ. “Either we will continue the march toward a harmful European-style system, or we’ll adopt real patient-centered solutions.” King v. Burwell—to be argued March 4 before the Supreme Court—challenges the legality of 75% of Obamacare. Should the Court strike down the subsidies as […]
Stop Obama: Save M855 Ammo
Your 2nd Amendment Rights are being infringed with the proposed ban on M855 ammo. You can help protect your rights by contacting the ATF & Congress here. A sample letter has been provided for you by SaveM855.com: To whom it may concern, I am writing to voice strong opposition to the proposed change to current law […]
France’s Manuel Valls and the Two-Fold Islamic Threat
France’s Manuel Valls and the Two-Fold Islamic Threat In his first interviews with an American publication since the Charlie Hebdo massacres in Paris in January, French Prime Minister Manuel Valls tells the WSJ’s Sohrab Ahmari that the Islamist threat is twofold: There is the “outside enemy,” like the Islamic State and al Qaeda, and there […]
The Swiss Debt Brake Miracle
The Cato Institute’s Dan Mitchell’s Golden Rule: The Private Sector Should Grow Faster than the Government. Dan writes, “This is a great argument for some sort of spending cap, such as the Swiss Debt Brake or Colorado’s Taxpayer Bill of Rights.” But let’s look beyond the headlines to understand precisely why a spending cap is […]
Greetings from the Keys