Crime and (No) Punishment. Still. “President Obama [chose to] save the banks rather than throw all the bankers in jail, which they deserved.” –Thomas Friedman, “Hard Lines, Red Line, and Green Lines“; The NYT (9/23/2012). As unsavory as Richard Nixon’s pardon by Gerald Ford was, you could at least argue two things: 1) it was...Read More
Everyone has their own associations with Fall. For some, it’s the leaves turning color. Others note the first frost (and the end of summer vegetable gardens). In our household . . . it’s invariably the “low tire pressure” light on our car dashboards that switches on when the overnight temp’s dip close to (or below) freezing....Read More
Pawlenty Takes Top Lobbying Job Pawlenty’s exit from the public stage should be applauded, [former Pawlenthy aide Brian] McClung said. “It’s what the founders had in mind when our system was created,” he said. “Pundits and the chattering class often seem confounded when someone chooses to do what Governor Pawlenty is doing, but it’s a good...Read More
Plus New Zealand, Qatar, Germany, etc . . . This blog may not generate the traffic of TMZ or The Drudge Report, but it does get read literally around the world. Given the time zone difference(s), much of the “overnight” traffic (CMT) is foreign, including hits from the above-mentioned countries in just the last eight hours....Read More
Warm-Up’s vs. Main Event I’m hardly a big boxing fan, but I seem to recall that big fights were usually preceded by one or more “warm-up” fights, also called “the undercard” — just like movie matinees used to have short films before the main event. Essentially, that’s what Minnesota’s game vs. Western Michigan is today...Read More
Investing Theme Du Jour: “Dynamic Asset Allocation” As a result (I assume) of subscribing to The Wall Street Journal, I’m treated to a steady stream of junk mail pitches from various mutual funds, money managers, etc. The latest: a Boston-based firm that claims to deliver superior returns based on their prowess at “dynamic asset allocation.”...Read More
