Twitter
 
  

Reveille Letter - Pre-market morning financial commentary with an international circulation

 
Home
 
      
How to Subscribe
 
      
Reconnaissance Blog
 
      
About Reveille
 
      
Contact Us
 
      
Subscriber Login
 
    
Blog Detail


Reveille Reconnaissance Blog

This blog is for the benefit of both subscribers and non-subscribers and is public to assist...
To subscribe to the Reveille Letter,
click here

From:   To:    Search:
In The News for Wednesday, May 22, 2019
Posted May 21 2019 11:12PM

·        Thought of the Day:

We Do Not Need Tax Records of Millionaires Who Became Politicians…

We Need Tax Records of Politicians Who Became Millionaires!

·        I’ve been skeptical... [Read More]

You Be The Judge: Sane or Insane?
Posted May 21 2019 10:37AM

This is only a small sampling of the headlines out there (by the way, there are at least a few sane ones just to keep you honest)

·        Hillary calls for China to hack Trump.

·        Code Pink tells Venezuelans to accept Maduro.

Read More]

In The News for Monday, May 20
Posted May 20 2019 7:13AM

·        Atty. Gen. Barr sat down for a fifteen-minute interview on Friday morning with Fox News. The whole thing is worth watching. It certainly appears that he intends to get to the bottom of things. Inadequate answers and explanations that done hang together? PowerLine had some comments.

·        The Administration has withdrawn almost $1 billion in grants for the California high-speed rail project that has gone nowhere and... [Read More]

In The News for Friday
Posted May 16 2019 10:59PM

·        An interesting piece in PowerLine talking about the left and discussing some of Austrian economist Ludwig von Mises comments.

Our whole civilization rests of the fact that men have always succeeded in beating off the attack of the re-distributors. But the idea of re-distribution enjoys great popularity still, even in industrial countries. . . If we wish to save the world from barbarism, we have to conquer Socialism, but we... [Read More]

In The News for Thursday
Posted May 16 2019 8:25AM

·        You gotta like someone with a sense of humor. It was reported yesterday that Atty. Gen. Barr and Nancy Pelosi were both at a National Peace Officers Memorial Service at the Capitol and that Barr approached Speaker Pelosi and asked, “Madam Speaker, did you bring your handcuffs?” Supposedly the two laughed about it, but I suspect Nancy’s laughter was pained. I so hope this is a true story.

·        Also this. You’re... [Read More]

In The News for Wednesday
Posted May 15 2019 7:29AM

In The News:

·        Apparently, John Dunham has been on the job longer that just a few days and he had some people very worried.

·        This week’s update on the Democratic Presidential Clown Car. Always worth a read.

Read More]

In The News for Tuesday
Posted May 14 2019 7:52AM

·        Breaking News from last night. It’s starting. Atty. Gen. Barr has assigned the U.S. Attorney in Connecticut, John H. Durham, to review origins of Russia inquiry. It’s about time. Watch the hysteria build. This is the U.S. Attorney who took on the crooks in the FBI who were protecting Whitey Bulger. He is by all reports an apolitical, straight arrow. Better have plenty of popcorn.

·        This is hardly a surprise to anyone... [Read More]

In The News: Weekend Edition
Posted May 12 2019 2:33PM

·        This is a long, interesting article on Darwin’s theory of evolution. If you have any interest in things of this nature, you’ll find that the science is anything but settled. I was unaware of what has been going on in scientific circles questioning the theory.

·        Comey says Barr has ‘lost most of his reputation’ by acting like Trump’s lawyer. I have a feeling that when this is all said... [Read More]

Friday, May 10, 2019
Posted May 10 2019 3:04PM

In The News:

·        Another layer of the onion had been revealed and, as the author says, the FBI’s sworn story to a federal court is fraying faster than a $5 t-shirt from a tourist trap. A typed memo and handwritten notes taken by Deputy Assistant Secretary of State Kathleen Kavalec on October 11. 2016, 10 days before the FBI used the Steele Dossier to justify a FISA warrant, indicated that the dossier was highly questionable and likely leaked to the media. Comey’s recent behavior... [Read More]

Burger King Pull Russian Ad
Posted Jun 21 2018 8:33AM
Wonder who in the advertising department thought this was a good idea. Burger King has backed away from an ad offering a free lifetime supply of Whoppers for Russian women who get pregnant from World Cup players. It had promised a reward to women who get “the best football genes” and “ensure the success of the Russian team for generations to come.” Sounds like their Russian franchisee might need to be reined in. Amazing!
In The News for Friday, April 28, 2017
Posted Apr 28 2017 11:00AM

In The News:

·        North Korea has a new video out showing the White House in crosshairs and carriers exploding. It’s hard to see this situation improving as long as the increasingly delusional punk who rules the DPRK is in place. There are indications that his own people may be getting tired of his act.

·        If you live in a high tax state, you might not like one facet of the President’s new tax reform proposals. The loss of being able to deduct state and local taxes will not be popular with high-tax blue states and some that went red in the last election. As one executive of a moving company said, “I wish I had a... [Read More]

In The News for Friday, April 28, 2017
Posted Apr 28 2017 11:00AM

In The News:

·        North Korea has a new video out showing the White House in crosshairs and carriers exploding. It’s hard to see this situation improving as long as the increasingly delusional punk who rules the DPRK is in place. There are indications that his own people may be getting tired of his act.

·        If you live in a high tax state, you might not like one facet of the President’s new tax reform proposals. The loss of being able to deduct state and local taxes will not be popular with high-tax blue states and some that went red in the last election. As one executive of a moving company said, “I wish I had a... [Read More]

SMART Cells Open Door to Arthritis Vaccine
Posted Apr 28 2017 9:54AM
Faster, please! SMART cells open door to arthritis vaccine. For those of you with a more scientific bent, here is the report published in Stem Cell Reports. This would go a long way toward making 65 the new 40.
In The News for Friday, April 28, 2017
Posted Apr 28 2017 9:51AM
In The News: ·        North Korea has a new video out showing the White House in crosshairs and carriers exploding. It’s hard to see this situation improving as long as the increasingly delusional punk who rules the DPRK is in place. There are indications that his own people may be getting tired of his act. ·        If you live in a high tax state, you might not like one facet of the President’s new tax reform proposals. The loss of being able to deduct state and local taxes will not be popular with high-tax blue states and some that went red in the last election. As one executive of a moving company said, “I wish I had a conveyor belt running from California to Texas.” And maybe an offshoot that runs to Tennessee. ·        Co-workers at this St. Louis 7-Eleven are referring to one of their fellow clerks as a She-ro. As... [Read More]
SMART Cells Open Door to Arthritis Vaccine
Posted Apr 28 2017

·        Faster, please! SMART cells open door to arthritis vaccine. For those of you with a more scientific bent, here is the report published in Stem Cell Reports. This would go a long way toward making 65 the new 40.

In The News:
Posted Feb 26 2017 1:30PM
• In case you’re interested, here is President Trump’s speech at CPAC. As John Hinderaker says, “he seems to be getting better at the politics game.” • This is just classic. State Department Writes Anti-Leak Memo…Which Quickly Leaks To The Washington Post. That swamp is going to take a lot of draining. • This is news to me and you can bet I’ll ask my pharmacist directly next time I have a prescription filled. • A California State Senator was removed from the chamber for telling the truth. Her comments were about Tom Hayden. • DHS is soliciting pitches for the border wall. Potential contractors will submit a concept paper by March 10, and then those selected will submit actual full proposals and potential pricing. • Shale Is Reshaping America’s Oil Trade Balance. No kidding. I seem to remember that President Obama mocked Sarah Palin by saying we couldn’t drill our way out of our energy shortage. Here he is in... [Read More]
In The News – Monday, January 12th, 2015 Edition
Posted Jan 12 2015 7:00AM
In The News – Friday, January 2nd, 2015Edition
Posted Jan 02 2015 7:00AM
  • Merry Christmas and Happy New Year from your government agencies who make law by fiat. The EPA is probably the most egregious offender and one that badly needs to be reined in by Congress.

  • Starting to see more of this in societies that have been radically affected in Europe and Scandinavia. I expect it will grow.

  • I don’t doubt this study for a second. My fifteen year old is uncanny in his ability to navigate. My wife on the other hand has no sense of direction at all. The entorhinal region of your brain determines this ability.

  • Need more proof that these heathens need to be eradicated? How about this? Again, these half-wits aren’t religious by any shape form or fashion. They are psychopathic killers who should be shown no mercy.

  • Vlad isn’t a happy guy. Read More]

In The News - Thursday, December 18th, 2014 Edition
Posted Dec 18 2014 7:00AM
  • Politics as usual. Should we be surprised? I think not. This is from the New York Times by the way, not some conservative blog site. Apparently the solution to immigration and visa problems is making political contributions to the right folks.

  • A Federal judge has ruled that the... [Read More]

In The News – Wednesday, December 17th, 2014 Edition
Posted Dec 17 2014 7:00AM
  • Islamic militants strike again in Pakistan. Taliban militants kill 126 in Peshawar, most of them students.  This has nothing whatsoever to do with religion. This is uneducated, ignorant people terrorizing the rest of the world. They don’t deserve anything except to be wiped from the face of the earth by any means possible.  

  • Unless you’ve been under a rock for the past few weeks you have to be aware of the massive Sony hack from the so-called “Guardians”. While the gossip and backbiting among the hoi polloi is as fascinating to me as to anyone else, I have to agree with this piece by Adam Sorkin in the New York Times. Mr. Sorkin makes the point that our own media has aided and abetted this massive breach of the law by publishing this stuff.  

    • Rats have apparently set up housekeeping in the new One World Trade Center offices of Vogue. Supposedly Anna Wintour had refused to go into the One World Trade Center until the rats are cleared out. I can assure you she and I see eye to eye on this one.

    • All I can say about this is “what a putz”!

    • I put in the link to... [Read More]

In The News – Wednesday, December 10th, 2014 Edition
Posted Dec 10 2014 7:00AM
In The News – Thursday, December 4th, 2014 Edition
Posted Dec 04 2014 6:30AM
  • It’s not comforting to see Santa Claus carried away in the back of a paddy wagon. It brought watching children to tears as they realized their Christmas toys might be in jeopardy.

  • This probably shouldn’t be a surprise. November oil & gas permits Hedge Funds have had a tough year. According to this article on CNBC’s web site, nearyl 1000 hedge funds will close this year. The previous record was 1,471 in 2008 during the financial crisis. Smart money, indeed.

  • More on the Energy picture

    • I’ve mentioned the possibility that the Saudis might have miscalculated. This article in the UK Telegraph makes the same point. They suggest that it may well heighten “geostrategic turmoil” across the Middle East and hurt... [Read More]

In The News – Monday, December 1st, 2014 Edition
Posted Dec 01 2014 7:00AM
In The News – Wednesday, November 26th, 2014 Edition
Posted Nov 26 2014 7:00AM
  • As if the situation in Ferguson isn’t bad enough, Al Sharpton is there to lend his usual level headed conciliatory demeanor. Easy way to fix that is to just remove the TV cameras.

  • Is OPEC becoming marginalized? There are deep divisions in OPEC and Saudi Arabia may be tired of being the axe when it comes to cutting or increasing output. We have commented in the past that the United States emergence as one of the world’s largest producers and our diminishing need to import oil was likely... [Read More]

In The News – Monday, November 24th, 2014 Edition
Posted Nov 24 2014 7:00AM



  • The President’s amnesty proclamation dominated the news yesterday and enough has been and will be written about it that I’m not going to wade in. We have laws on the books that should be enforced or amended. It’s not as complicated to me as some seem to want to make it. We have folks we’ve elected to wrestle with such things based on feedback from their respective electorates.... [Read More]

In The News – Thursday, November 20th, 2014 Edition
Posted Nov 20 2014 8:00AM
  • Santa Monica sushi restaurant pleads guilty to selling meat from endangered Sei whale. Wonder if this restaurant is owned by Elliot Mainway?

  • Here is an interesting article about how President Eisenhower handled a similar problem with illegal immigration. The scale would be somewhat larger today due to decades of politicians not enforcing our laws, but it might be a step in the right direction toward handling a problem that most Americans believe Congress and the President have failed at.

  • Could the Administration be playing game with their social media presence? You may remember the “surprise” that 70% of the President’s 19.5 million Twitter followers were actually fake. It now appears that the Obamacare Facebook page may be similarly misleadingOK. I think I’ve found my new career. How to make homemade ice cream? Scotch for beginners? Crème Brûlée to kill for? Got to be something.

  • Sorry, I don’t agree that this is “virulently racist or indicative of “outright hostility toward Muslims”. It clarifies something that has been an absolute nightmare in the United Kingdom. In the recent midterm election the voters in Alabama voted by a wide margin on Alabama Statewide Amendment 1 which preemptively bans the application of Sharia Law. I have no... [Read More]
In The News – Wednesday, November 12th, 2014 Edition
Posted Nov 12 2014 7:00AM
  • Read More]

In The News – Thursday, November 6th, 2014 Edition
Posted Nov 06 2014 6:30AM
  •  Election Update: Good ole Edwin Edwards couldn’t quite pull it off but he did force a runoff on Dec. 6th. At 87, he had his 35 year old wife and 1 year old son at his side. As I said, one of the great characters in American politics. As of right now Republicans will have 52 seats but that could rise when the results from Alaska are final and Louisiana has their runoff. 54 seats would be at the top of anyone’s pre-election estimate. The Republican House majority will be the largest since the Great... [Read More]

In The News – Wednesday, November 5th, 2014 Edition
Posted Nov 05 2014 7:00AM
  • Well, the election is over and the electorate has spoken. The message seems to be that they are good and tired of business as usual in Washington. To the extent that the election was a referendum on the policies of the past six years, it was a clear repudiation of them. Pretty much all the media, even the New York Times, got it right. Bloomberg, with its notably liberal editorial bias, just couldn’t bring themselves to face reality. The headline yesterday was “Day of Decision Arrives with Fight for Senate Control Too Close to Call.” Didn’t exactly turn... [Read More]

In The News – Wednesday, November 5th, 2014 Edition
Posted Nov 05 2014 7:00AM
  • Well, the election is over and the electorate has spoken. The message seems to be that they are good and tired of business as usual in Washington. To the extent that the election was a referendum on the policies of the past six years, it was a clear repudiation of them. Pretty much all the media, even the New York Times, got it right. Bloomberg, with its notably liberal editorial bias, just couldn’t bring themselves to face reality. The headline yesterday was “Day of Decision Arrives with Fight for Senate Control Too Close to Call.” Didn’t exactly turn... [Read More]

In The News – Tuesday, November 3rd, 2014 Edition
Posted Nov 04 2014 6:30AM
  • Election Today. Get out and vote or you have no excuse to complain about what happens. And make no mistake, this is a referendum on the policies of the last six years and whether you think government... [Read More]

In The News – Friday, October 31st, 2014 Edition
Posted Oct 31 2014 7:00AM
  • As we near next week’s elections it’s getting harder and harder to put out in the news without diverging into politics. The news is just covered with the various races around the country and the campaigning going on. Turnout is likely to have a big effect on how things turn out, so please plan on voting. It counts.

  • As we near next week’s elections it’s getting harder and harder to put out in the news without diverging into politics. The news is just covered with the various races around the country and the campaigning going on. Turnout is likely to have a big effect on how things turn out, so please plan on voting. It counts.

  • This is a potentially lifesaving technology.  Being able to diagnose multiple diseases by sampling a patient’s breath. I volunteered for this test and the doctor told me he diagnosed Scotch on my breath.

  • Who do you think the world’s largest growing consumer is? If you guessed the Chinese you got a big goose egg. Malawi take the prize followed by Sierra Leone, Turkmenistan, Saudi Arabia and Mongolia. Of course Malawi is about the size of Pennsylvania and Sierra Leone is smaller and has been affected by Ebola so I’m not sure I see any investment plays here.

  • 95% of Vietnamese support free market capitalism. I was there in 1971-1972 and there was a thriving black market and very industrious merchant class. Ultimately, maybe we won that war after all.  It’s interesting that emerging economies are more optimistic than rich countries.

  • This is a very interesting article from USA Today that shows the evolution of our diversity from 1960 projected to 2060. It’s clear from looking at this that we are undergoing a major transformation. Black Americans will notice it even more as they become a smaller and smaller minority due to immigration from other countries. Scroll down to... [Read More]

In The News – Tuesday, October 21st, 2014 Edition
Posted Oct 21 2014 7:00AM
  • This is a little disquieting, isn’t it? Apparently we’re taking the Bible’s words to heart – “If your enemy is hungry, feed him, and if he is thirsty, give him something to drink.” Romans 12:20 and Proverbs 25:21-22. As the article points out there is no sign that ISIS is shamed at all or even grateful. Go figure. Your tax dollars at work.

  • Read More]
In The News – Wednesday, October 15th, 2014 Edition
Posted Oct 15 2014 7:00AM
  • I’ve talked about the reason for owning blue chip, dividend paying growth stocks until you may be tired of hearing it. Here’s an example of a company with a 2.8% dividend yield (the ten-year treasury is 2.2%) and earnings and revenue growth.

  • In The News – Tuesday, October 14th, 2014  Edition

    • This is sad. Apparently even family members of employees and commentators aren’t even tuning in anymore. MSNBC in deep ratings spiralAn interesting critique of Presidential speeches. Over time they seem to have been dumbed down for obvious reasons. Back in the day when one had to be a landowner to vote, Presidential speeches were given as if the Predident was speaking to men of equal intellectual capabilities. Now we’re lucky if we can find a man on the street... [Read More]

In The News – Friday, October 10th, 2014 Edition
Posted Oct 10 2014 7:00AM
  • Better call your bookie. Microsoft’s Cortana correctly predicted 13 of 15 games in week five of the NFL season. For the year it is 47-29. Here are the picks for this week.  The interesting one to me is the one where Cortana goes against the Vegas line by picking the Steelers over the Browns.

  • There’s been a real rush to the presses by those in the Administration who realize there is a finite shelf life for memoirs about the Obama presidency. In the past these tomes have typically come out after the President leaves office and in some cases well after the President leaves office. In this case there are already been five... [Read More]
In The News – Wednesday, October 8th ,2014 Edition
Posted Oct 08 2014 7:00AM
In The News – Thursday, October 2nd Edition
Posted Oct 02 2014 7:00AM
In The News – Tuesday, September 23rd Edition
Posted Sep 23 2014 7:00AM
  • Wow! Talk about pulling a Johnny Paycheck! Take this job and shove it! I ain’t working here no more.

  • With American, British and Australian citizens apparently fighting for Islamic Terrorist organizations, the governments are planning new anti-terrorism laws to target them when they try to return. I think we already have Treason on the books with suitably harsh punishment. We are apparently supporting what looks to me like a If ever there were a case of divine intervention I would say this is it. Al Gore’s microphone falls off while quoting Jesus on the word “hypocrite”. ROTFLOL!

  • I haven’t used this travel site so I can’t vouch for it, but it... [Read More]

In The News – Thursday, September 18th Edition
Posted Sep 18 2014 7:00AM
In Memoriam – Frances Seay Wilson – Born May 1922, Died August 2014
Posted Sep 01 2014 9:30AM

I want to share with you a personal experience I had last week on the occasion of my 92 year old Mother’s death. It caused me to reflect on her generation and all we owe them.

My Mother died peacefully in her sleep, having had the opportunity to say goodbye to her close friends and family and my father, her husband of 68 years. He asked that she be buried in her Navy uniform. You see she was a Naval officer in World War II responsible for the re-supply of the ships in the Atlantic theater. In that capacity she always knew where my father’s LST was at every moment during the war. He was a Naval officer on an LST responsible for the eight small boats, LCVP’s,... [Read More]

In The News – Thursday, August 28th Edition
Posted Aug 28 2014 8:00AM
  • This phone app will let you check to see if the manufacturer of a product leans toward the Republicans or Democrats. You just scan the bar code and it tells you the percentage of contributions made to each party. This could be very helpful. I’d hate to accidentally buy some Democrat baked beans or shaving cream.

  • Doesn’t this just give you the warm fuzzies?

  •  I’ve commented time and again on the ridiculously intrusive nature of our government bureaucracy, but this one stands alone as a prime example of how abusive it has become. The Federal Bagpipe Police?!?

  • By way of an update... [Read More]

In The News – Friday, August 22nd Edition
Posted Aug 22 2014 7:00AM



In The News – Thursday, August 21st Edition
Posted Aug 21 2014 7:00AM
  • The news yesterday had me in a blur funk and I really didn’t want to pen a screed that would be a full page rant, so I elected to hold my piece. I’m better now. Still PO’ed about a lot of stuff, but able to discuss it without foaming at the mouth so here is today’s version of In The News.

  • Andrew Puzder is the CEO of CKE Restaurants. He is one of the CEO’s who makes very good sense and is willing to speak out. The President, in an interview with The Economist, recently said he thinks the administration has “managed the economy pretty well.” Mr. Puzder’s comment is ..." It's certainly revealing that a president, whose critics often accuse him of trying to ‘turn us into Europe,’ actually believes the federal government is supposed to manage the... [Read More]

In The News – Monday, August 18th Edition
Posted Aug 18 2014 7:00AM
  • Jim Rogers is always an interesting guy and he has some things to say that make a lot of sense. One of them is that successful investors do nothing most of the time. In other words, time is your friend, not timing.

  • You may remember “Planking”, an internet social media craze from a few years ago. Now we have the “Ice Bucket Challenge”. It is being done to support ALS, Lou Gehrig’s disease, and has caught on with executives and news media. It’s certainly for a very worthy cause.

  • Well, what the heck! They elected Jesse Ventura governor. Having a dog for a mayor could be a step up.

  • Milwaukee County, Wisconsin Sheriff David A. Clarke, Jr. handily beat his opponent... [Read More]

In The News – Wednesday, August 13th Edition
Posted Aug 13 2014 8:00AM