Category Archives: Investing

One Man’s Thoughts Has Moved

We Have Moved To
http://www.PatriotThoughts.com

All the articles and all the comments are ready for you to see at our new location.

If you wish to make a new comment, you need to go to the new site as the comment ability of this site has been turned off.

Thank you for reading my blog all these years. I hope you continue to enjoy it.

Vytautas

This Blog Has Moved!

We Have Moved To
http://www.PatriotThoughts.com

All the articles and all the comments are ready for you to see at our new location.

If you wish to make a new comment, you need to go to the new site as the comment ability of this site has been turned off.

Thank you for reading my blog all these years. I hope you continue to enjoy it.

Vytautas

Time To Shut Down The US Federal Reserve?

One Man’s Thoughts Has Moved To

http://www.patriotthoughts.com

You can read this article at:

http://www.patriotthoughts.com/2010/07/16/time-to-shut-down-the-us-federal-reserve/

Thank You, Vytautas

Illinois Facing ‘Outright Disaster’ Amid Budget Crisis

One Man’s Thoughts Has Moved To

http://www.patriotthoughts.com

You can read this article at:

http://www.patriotthoughts.com/2010/07/16/illinois-facing-outright-disaster-amid-budget-crisis/

Thank You, Vytautas

Robert Gibbs Says Democrats Could Lose The House In November

One Man’s Thoughts Has Moved To

http://www.patriotthoughts.com

You can read this article at:

http://www.patriotthoughts.com/2010/07/12/robert-gibbs-says-democrats-could-lose-house/

Thank You, Vytautas

Bernanke Created Half of Our Money Supply

“The U.S. turned 234 years old yesterday, and yet over half of the nation’s money supply was created since Helicopter Ben took over the flight controls four years ago. No wonder gold is in a full fledged bull market . . .”

-David A. Rosenberg  Chief Economist & Strategist
Gluskin Sheff + Associates Inc.

http://www.ritholtz.com/blog/2010/07/half-of-234-years-worth/

Dallas Fed Chairman: White House & Congress “Dead Wrong” on Financial Reform

Richard Fisher, president of the Dallas Federal Reserve Bank, has long been a proponent of serious financial sector reform. As a former commercial banker, he sees quite clearly that the legislation now headed into “reconciliation” between House and Senate versions amounts to very little. He also knows that pounding away repeatedly on this theme is the best way to influence his colleagues within the Fed and across the policy community more broadly.

He is now taking his game to a new, higher level. Couched in the diplomatic language of senior officials, his speech on June 3 to the SW Graduate School of Banking was both a carefully calibrated assault on the administration’s general “softly, softly” approach to the big banks and a direct refutation of arguments put forward by Larry Summers in particular.

As the title of Mr. Fisher’s speech implies, if the legislation is not real financial reform (and it is not, according to him), then our current policy trajectory amounts to facilitating further rounds of financial dementia.

Sharron Angle Wins Big In Nevada Primary

Fellow Patriot,

The Nevada Primary results are in and MMPAC’s Sharron Angle won big! Sharron began to surge in recent weeks after MMPAC’s critical endorsement along with key financial support from Minuteman Patriots like you.

And now we add Sharron’s name to the growing list of Patriot candidates who have already won or are poised for a decisive victory in coming elections in 2010!

Now that Nevadans have cast their overwhelming support for Sharron Angle as their choice to go up against “Dirty Harry” Reid, it’s time to buckle down and put our money where our mouth is.

I know firsthand how corrupt Harry Reid and his union-thug operation is. So, believe me when I tell you that they will STOP AT NOTHING TO DESTROY SHARRON ANGLE!

SHARRON ANGLE WINS BIG!
HELP US PUSH HER TO VICTORY OVER HARRY REID!

In addition to my personal experience with Reid’s leftist regime, I’ve heard horror stories from Nevadans who are afraid to come out publicly against him for fear of political and economic reprisals that he has threatened them with.

Is this the kind of corruption and abuse of power we want at the helm of the United States Senate?! NO WAY!!!

That’s why it’s time to retire Harry Reid…once and for all!

HELP MINUTEMAN PAC PUT PATRIOT SHARRON ANGLE IN THE SENATE!

Minuteman PAC strongly supported Sharron four years ago when she narrowly lost a race for Congress. I personally campaigned with her and I’m proud to stand with her again.

A recent Rasmussen Reports poll showed Sharron beating Harry Reid by 51-40, topping the critical 50% threshold. It’s pretty clear that Sharron can beat Harry Reid.

This is where Minuteman PAC comes in…

By law, Minuteman PAC can contribute $5,000 to Sharron’s primary campaign — and we can also spend it on coordinated expenditures, where your donation is leveraged to increase its effectiveness!!!

And we’ll use these critical additional resources to ensure that we defeat Harry Reid…just like we defeated Tom Daschle in South Dakota, the previous leftist Senate Majority Leader. We’ve done it once, and we can do it again!

HELP US DUMP “DIRTY” HARRY REID FROM THE SENATE!

We’ve focused on a three-point plan of attack.

**Mobilization of our Minuteman PAC supporters through emails and phone calls to get involved in Sharron’s campaign.

**Radio ads highlighting Harry Reid’s support for Illegal Alien Amnesty, outlining why Amnesty opponents and border security supporters need to get behind Sharron’s campaign.

**Personal appearances with Sharron at campaign rallies to help get out the vote.

America is in trouble, and our nation needs to elect the “real deal” to stand strong and defend us in Washington, D.C. On the record, Sharron has proven herself with DEEDS, not just WORDS.

HELP US REPLACE “DIRTY” HARRY WITH PATRIOT SHARRON ANGLE!

Polls are already showing that Sharron Angle can defeat Harry Reid. In fact, if the election were held right now, Sharron would trounce Harry Reid!

But we can’t forget that the radical pro-Amnesty left doesn’t play by the rules. And that’s our weakness…we do play by the rules.

Harry Reid’s campaign has reportedly already spent $10 MILLION on his campaign…and he didn’t even have a primary election!

AND HERE’S THE KICKER: Left-wing union thugs have launched the “Patriot Majority Fund”–a 527 just like George Soros’ MOVEON.0RG–to confuse and divide the conservative, patriot voter base in November.

Not to mention, Barack Obama will throw everything he’s got into ensuring Harry Reid wins in November!

Only a true-blue Patriot like Sharron Angle will be able to out-maneuver Harry’s goons and show him for what he is: an unabashed socialist hell-bent on rewarding 20 million illegal aliens with free citizenship and health care.

That’s why we MUST HELP SHARRON WIN IN NOVEMBER! This is an all-hands-on-deck call to arms! It’s now or never! Will you join the ranks to help take out Harry Reid?!!

Please CLICK HERE to support Minuteman PAC and our efforts to defeat Harry Reid and elect pro-Constitution, pro-Minuteman, pro-America candidate Sharron Angle to the United States Senate.

Please stand with me on this. Together, let’s take Harry Reid down!

Thanks for taking the time to read this, and for your support for our efforts to save our nation.

For America,

Chris Simcox

Honorary Chairman

Minuteman PAC

P.S. Barack Obama, Harry Reid, and Nancy Pelosi are hell-bent on forcing through Amnesty, the worst immigration policy in the history of America! It destroys federal, state, and local immigration enforcement; gives a free pass to all illegal immigrants; and leaves our borders wide open!

Help us defeat pro-amnesty liberal Harry Reid with your best donation of $35, $60, $100 or even $200 and help Patriot Sharron Angle prevail!!!

Schwarzenegger: ‘Terrible Cuts’ to Close Deficit

California Governor Arnold Schwarzenegger will seek “terrible cuts” to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said.

Schwarzenegger, 62, who will introduce his revised budget plans on May 14, has said he won’t seek tax increases to bolster California’s finances. The Republican’s forecast for the budget gap may rise after revenue fell short of his targets last month.

“We can’t get through this deficit without very terrible cuts,” Schwarzenegger spokesman Aaron McLear told reporters in Sacramento. “We don’t believe that raising taxes right now is the right thing to do.”

California’s revenue in April, when income-tax payments are due, trailed the governor’s estimates by $3.6 billion, or 26 percent. The gap wiped out gains from the previous four months, leaving collections $1.3 billion behind projections for the budget year that ends in June.

Schwarzenegger will revise the proposals introduced in January to account for the tax-collection shortages. In January, the governor said California may have to eliminate entire welfare programs, including the main one that provides cash and job assistance to families below the poverty line, without an influx of cash from the federal government.

Since then, the Democrat-controlled Legislature has made few strides toward closing the budget hole. Legislation adopted during the emergency session ordered by Schwarzenegger knocked about $1.4 billion from the deficit.

Democrats this week introduced a package of bills that would raise as much as $2.9 billion annually by imposing a 10 percent severance tax on oil production in the state, repealing corporate-tax breaks approved last year to spur job growth and assessing commercial property taxes differently.

Schwarzenegger is girding for his final fight over California’s budget before leaving office in January. Over the last two years, he and lawmakers have had difficulty redrawing the budget fast enough to make up for revenue lost amid rising unemployment.

By the beginning of 2010, Schwarzenegger and the lawmakers had closed a $60 billion deficit partly by slashing spending on schools, temporarily raising taxes and borrowing from local governments.

The fiscal strains have left California with the lowest credit rating among U.S. states.

You Own the Red Roof Inn, Thanks to the Fed