Archive for April, 2011

EPA Rules Force Shell to Abandon Oil Drilling Plans

Monday, April 25th, 2011

As gas went from $3.99 to $4.17 here today what do I find in the news but that EPA Rules Force Shell to Abandon Oil Drilling Plans off the coast Alaska.  There are many things that make up the cause of the current oil super spike. Confidence in accessibility of known reserves is one of them [...]

Abuse of Power

Monday, April 25th, 2011

“The essence of Government is power; and power, lodged as it must be in human hands, will ever be liable to abuse.” –James Madison

Toshiba Update

Friday, April 22nd, 2011

Called Toshiba support and they literally walked me through the trouble shooting steps in the manual that came with the TV.  Then told me to call their service company which fortunately has a location in Indianapolis (East 96th) so that’s easy enough. The problem is $50 to tell me how much its going to cost [...]

Atlas Shrugged

Friday, April 22nd, 2011

After all the lousy reviews I was prepared for a fairly dismal movie and was pleasantly surprised.  Well worth seeing and I plan to see it again as it moves pretty quickly and I’m sure I missed things. The Missus who is neither political nor a reader also enjoyed the movie and as important, got the point. [...]

Goodbye Toshiba

Thursday, April 21st, 2011

An LCD television should last more than 3 years. Our previous Toshiba tube television, an expensive “black stripe” model didn’t live to 9 years.  And a Toshiba DVD player that was almost twice the price of the average player lived all of 18 months. Yet I have a 22 year old Emerson VCR that still [...]

Super rich see federal taxes drop dramatically

Tuesday, April 19th, 2011

Everyone running small businesses had better watch out for this class envy fear mongering as it will lead to a drive to disallow business losses which was the cause of the lower tax rates. I’m just a little guy  yet I saw a nice little bump in my meager return due to business losses reported on [...]

Saab

Tuesday, April 19th, 2011

The troubles with Sweden’s Saab aren’t really a surprise but are disappointing.  I’ve always been a fan of Saab and actually drove a 900 Turbo for many years.  The Missus and I still talk about how great that car was even while having owned more capable vehicles since. But Saab’s originality was essentially destroyed by its [...]

Gold-Shortage Threat Drives Texas Schools Hoarding 664,000 Ounces

Tuesday, April 19th, 2011

The reach of  Gold as a physical financial instrument since the economic death spiral started is interesting.   As someone recently asked me, if the financial infrastructure goes down what good is gold? A good question since you can’t eat it and unless you’re planning on exchanging an entire bar or Krugerrand for a loaf of [...]

Republicans will make US ‘Third World’ nation?

Friday, April 15th, 2011

Its strikingly funny to hear Obama say the Republicans will make US ‘Third World’ nation when that his largely been his goal from the beginning.  Strangely though is what in his view constitutes a 3rd world country. To him its a lack on entitlements – to me its a bankrupt government and riots in the street.

Free Exercise of Industry

Friday, April 15th, 2011

“To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his [...]


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