Two decades have passed since nightclub entertainer and blond bombshell Gennifer Flowers stepped before cameras and announced she had a 12-year affair with then-Gov. Bill Clinton, joining a roster of attractive women who reported similar dalliances, wanted and unwanted. Miss Flowers has stepped forward once again to reveal that in 2005, Mr. Clinton offered to come visit her once again.
“I picked up the telephone, and it was him. I said, ‘No, you can’t [...]
From Casey Research:
Warren Buffett’s #1 rule of investing is “Don’t lose money.”
It’s good advice, though not to be taken literally; all investors lose on occasion. Still, it is a worthy goal for which to aspire. And to have any chance of reaching it, you must learn how identify and avoid bubbles.
Which is easier said than done. We’ve all seen that seductive sector that just keeps going up…and up… and up… [...]
From Mark J. Grant, author of Out of the Box
The Dangerous Road Ahead
“The last time Quantitative Easing was stopped the equity markets dropped precipitously. There is no reason to think that will not occur again though the severity may be less. Today’s FOMC minutes are quite significant in my view. They also said, for the first time, that the pledge to hold short rates at near zero was “conditional.” This [...]
(CNSNews.com) – Speaking Friday at what the administration called “The White House Forum on Women and the Economy,” President Barack Obama said that after his two daughters were born, he and his wife—both Harvard Law School graduates—could not afford the “luxury” of having her stay home with the children.
In 2005, when Obama began serving in the U.S. Senate (and his daughters turned 4 and 7), he and his wife were [...]
More from the advice file (via Fortune):
“My father, Benjamin Shiller, told me not to believe in authorities or celebrities — that society tends to imagine them as superhuman. It’s good advice. People are snowed by celebrities all the time. In academia people have this idea of achieving stardom — publishing in the best journals, being at the best university, writing on the hot topic everyone else is writing about. But that’s [...]
If you have marijuana in your pocket, it’s not a good idea to pet a patrolling police dog.
The Binghamton Press & Sun Bulletin reports that 48-year-old Kelly Simpson was busted Wednesday after he stopped to pet K-9 Tarah, who was on foot patrol with her handler in Endicott. – NBC
Generation Limbo – Waiting It Out
But when his parents started charging him $500 a month for rent, he moved into a windowless room in a Baltimore row house and took a $12-an-hour job at a Baltimore call center, making calls for a university, encouraging prospects to go back to school. “There’s no point in being diplomatic: it is horrible,” Mr. Shore said.
Great! More debt.
A more [...]
President Barack Obama spoke by phone with German Chancellor Angela Merkel for the second time in three days, adding to the international pressure Europe has faced since a hurriedly arranged conference call of Group of Seven finance chiefs on May 7. Obama today emphasized Ã¢â‚¬Å“the importance of the members of the European Union taking resolute steps to build confidence in the markets,Ã¢â‚¬Â White House spokesman Bill Burton told reporters in [...]
The dollar may very well benefit as this plays out. It may fall in value and rise in price or if this contagion spreads globally, it could even show a rise in value to most currencies. How to know what the dollar is doing in value will be to watch resource nation currencies, gold, food basics like grains, etc. If this spreads globally, I look for oil to drop significantly [...]