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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.

  • Somehow, I don’t find this surprising but then I’m an iPhone fan. 39.3 million iPhone sales. The good news is that iPads aren’t flying off the shelves which means that I might get a chance to upgrade my iPad 2 when they decide to start dealing.

  • I thought this piece in Seeking Alpha was worth a read. A Different Interpretation Of Recent Market Signals. The Equity Risk Premium, which is another way of looking at the Fed Model, is the highest it’s been since the financial crisis. They come to the same conclusion I do which is that investors should be buying.

  • In addition to potentially better than expected earnings, corporate buybacks may play a role in putting a bottom in stocks.

  • Leave it to a Texan to think that a Ferrari needs just that little something extra. 570 hp isn’t enough? Try 738 hp and  zero to 60 mph in 2.8 seconds. As I’ve said before, the last words of far too many Southern boys is “hey, y’all! Watcheeis!

  •  Everyone remembers the “Death of Equities” BusinessWeek cover from August 1979. Here’s a look at how the market has done following some magazine covers. Turns out they aren’t a very good indicator.

  • Somehow, I don’t see this putting Carrier out of business. I can see uses for it, though like wearing it while mowing the yard.

  • A lesson learned from Nigeria on containing Ebola.

  • Rich Karlgaard: America’s Missing Wealth. Don’t ever underestimate the power of compounding. This article posits that more than taxes it has been “runaway federal regulation that has crimped U.S. growth”. I don’t think there is any doubt.

  • This is hardly surprising but disgusting nevertheless. The politicization of the Justice Department has been out of control and needs to be reined in. Punishment is due.