4.07.2006

4.06.2006

Woo-hoo!!!!

Gold hits $600!!!

Bonds hit a new low today too! Who would have thought?

4.05.2006

Stock stuff

The porn purveyor I bought a few months ago and recommended a few weeks ago, New Frontier, had a big pop today on news of a deal with DirecTV.

I sold half my position. I'll keep the other half in hopes of a May run-up for the Russell 2000 addition.

And congratulations to those that bought NOOF along with us. While we're at it, the buy gold/buy stocks/avoid bonds trade is still working too.

UPDATE (4/8/06): The stock was up again yesterday. I sold the rest of it. I wouldn't be surprised if it keeps going, but I don't want to get greedy.

4.04.2006

Keep digging

Last month, I asked, "How low can a Bush Administration official sink?"

Little did I know. A Bush Administration official can sink much lower:
Brian J. Doyle, 55, was arrested at his residence in Maryland on charges of use of a computer to seduce a child and transmission of harmful material to a minor.

Selfish Prius drivers ruining the environment

It's bad enough that selfish, self-righteous, latte-sipping hybrid drivers take up space in the carpool lanes when driving solo.

Now comes evidence that hybrids are worse for the environment than gas-guzzlers.

The downside of conservatives

Canada has been run by left-wing idiots for decades. So it was welcome news when center-right non-idiot Stephen Harper became Prime Minister.

Just too bad he's going to stop one of the only sensible things the socialists wanted to do: legalize marijuana.

4.02.2006

World's finest news magazine: France sucks!

The Economist on France:

This particular stand-off, between the centre-right government of Dominique de Villepin and those protesting against his effort to inject a tiny bit of liberalism into France's rigid labour market, may be defused. The Constitutional Council was due to rule on the legality of the new law on March 30th. But the underlying difficulty will remain: the apparent incapacity of the French to adapt to a changing world....

The delusion is that preserving France as it is, in some sort of formaldehyde solution, means preserving jobs for life. Students, as well as unqualified suburban youngsters, do not today face a choice between the new, less protected work contract and a lifelong perch in the bureaucracy. They, by and large, face a choice between already unprotected short-term work and no work at all. And the reason for this, which is also the reason for France's intractable mass unemployment of nearly 10%, is simple: those permanent life-time jobs are so protected, and hence so difficult to get rid of, that many employers are not creating them any more.


Michael Ramirez agrees:

Why does America keep winning?

X : Yes. But also, America's abundance of natural resources and history of fortuitous developments kinda seems like God shed His grace o...