America has not bottomed out yet — ask Stanford
Posted By: Big Bopper, 1/1/2023 12:37:47 PM
In stock market investing, you’re supposed to be pessimistic when everyone else is optimistic, and optimistic when everyone else is pessimistic. Warren Buffet famously put it this way: “Be fearful when others are greedy, and greedy when others are fearful.” The reason the aforecited principle applies well in stock market investing is that the herd instinct makes people buy or sell stocks because other people are buying or selling. The result is that the stocks get over-sold or over-bought, thereby driving their price too low or too high in relation to their real indicators of value – mainly their current and future profits.
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In stock market investing, you’re supposed to be pessimistic when everyone else is optimistic, and optimistic when everyone else is pessimistic. Warren Buffet famously put it this way: “Be fearful when others are greedy, and greedy when others are fearful.”
The reason the aforecited principle applies well in stock market investing is that the herd instinct makes people buy or sell stocks because other people are buying or selling. The result is that the stocks get over-sold or over-bought, thereby driving their price too low or too high in relation to their real indicators of value – mainly their current and future profits.
Scientists generally agree that the universe – defined as everything in existence – has not always existed. It came into existence with a bang about 13 billion years ago. This bang was a big one, so they named it the “Big Bang.”
Before the Big Bang, there was no space, no energy and no time – not even empty space, zero energy or stopped time. There was nothing.
And then everything was created out of this nothing. We call this everything “creation.” It’s the tangible universe around us, seen and unseen. It’s the energy, the matter, and the progression of time.
The Biden administration made headlines last year when they boastfully appointed to a high level position at the Office of Nuclear Energy a certain person. This person is “non-binary” and refers to his/her/them/itself with ungendered pronouns.
OK, I get that. The person feels that he/her/it/they does (do?) not fit neatly into the anachronistic gender labels developed over about two million years of human history and prehistory as interpreted by science, medicine, genetics, sociology, biology, logic, anthropology and biochemistry promulgated by dead white European men – and dead men and women of color on the rest of the planet – consistent with the male/female dichotomy in the animal world.
In a case argued at the Supreme Court this week, a Colorado website designer appealed a decision from lower courts requiring her to create wedding websites for gay couples in violation of her religious belief that marriage is between a man and a woman. The Court is likely to reverse the lower court decision, and allow her to decline to create such websites.
The liberal minority on the Court and the liberal media argue that such a decision will lead to a new Jim Crow era where the providers of public accommodation are allowed to refuse services to people on the basis of their sexual preferences or skin color.
In a COVID panic, we told people to stop working. It became not only permissible not to work, it became a mandate. Sitting around the house watching daytime TV in pajamas became the responsible thing to do. With no one working, unsurprisingly, no work got done. It was like a two-year snow day. Or Ferris Bueller’s Two-Years Off. Democrats loved it, of course, because Democrats hate work.
A gunman entered a gay nightclub – or I guess they call them LGBTQ nightclubs now – in Colorado Springs last weekend and opened fire. Five people were killed and 18 were injured. He was finally stopped when a former army soldier pounced on him, kicked his gun away, and pinned him to the floor.
Then Democrats pounced. Not on the gunman, but on Colorado Springs. The New York Times declared that Colorado Springs:
“was known for years as the Vatican of Evangelicals — a home base for a well-funded, well-organized conservative Christian political movement that broadcast dire warnings about the dangers of homosexuality to the nation.”
The GOP performance in the midterm elections is very disappointing, but here’s some good news. It would take a miracle for the Democrats to retain the House of Representatives. Let’s do the math.
According to Wall Street Journal and other credible sites, the GOP has won about 211 seats and the Dems have won 192. That means about 32 seats are still undecided. The GOP needs at least 7 of those 32 to reach the bare majority of 218.
It’s fair to assume that the odds on each of those races is about 50/50. If it were otherwise, they’d have been decided. They’re “toss-ups”
Aspen newspapers continue to whitewash
or ignore allegation that Boebert’s
opponent was blackmailed 6 replies
or ignore allegation that Boebert’s
opponent was blackmailed 6 replies
A few weeks ago, the Democratic candidate for Colorado’s Third Congressional District was accused of being blackmailed into changing his position on a matter of city policy while he was a city councilman in Aspen. He’s running against conservative firebrand Lauren Boebert, a person the liberal Aspen elite undisguisedly hate and would love to see beaten by Frisch.
The Aspen newspapers – part of that Aspen liberal elite – have mostly dismissed or buried the blackmail story, to the extent they’ve covered it at all.
The Supreme Court on Monday considered the arguments of Harvard and the University of North Carolina justifying their racial discrimination in admissions. The schools will probably lose.
They schools argue their racial discrimination (they refuse to call it that, of course) is just one of many factors they consider in admissions. But the data show it’s by far the most important one. For example, at UNC a white person with a given set of test scores, grade point average and other factors, with 10% chance of getting admitted, would have a 98% chance with the same qualifications if he were black.
Extrapolating from Glenn Youngkin’s win in the Virginia governor’s race, I predicted a year ago that the GOP would flip about 46 seats in the House in the midterm elections, and two or three in the Senate.
So here we are a year later, on the verge of those midterms. How’s my prediction holding up?
Quite well, thank you. The Real Clear Politics aggregation of pundit predictions says the GOP will pick up between 12 and 47 seats.The first – the 12 seat prediction – is clearly from a transexual-grooming Democrat pot legalization pundit with purple hair
As reported in numerous outlets including this site, a man came forward last week alleging that he blackmailed the Democrat candidate challenging conservative firebrand Lauren Boebert for Colorado’s Third Congressional District, while the candidate was a city councilman in Aspen. The two daily newspapers – both overtly liberal – refused to run the story even while numerous citizens brought it to their attention.
The Dem candidate is Adam Frisch, and the Congresswoman he is campaigning to unseat is Lauren Boebert. Frisch presents himself as a high-minded moderate intellectual, but his initial broadcast email drumming up support name-called Boebert, in junior high fashion, “Boebert the Betrayer.”
The story in Glitter Gulch this week is one of blackmail, video cameras, small-time and big-time politics, sex, corruption and, of course, money. But the local newspapers refuse to report the story, apparently because they want a bad guy to win.
Here’s the story, as reported initially in Breitbart and now picked up by half a dozen outlets.
Democrat Adam Frisch is running to unseat conservative firebrand Lauren Boebert in Colorado’s 3rd Congressional District. Frisch was an Aspen city councilman for eight years, stepping down in 2019.
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Big rigs and buses made before 2010 are now banned from operating on California roadways.
The law, which went into effect on New Year’s Day, was part of a set of clean air regulations the California Air Resources Board passed nearly 15 years ago.
According to truck lobbying groups, the new law will prohibit about 10 percent of the commercial motor vehicles that are operating in the state.
“The rule applies to diesel vehicles that weigh at least 14,000 pounds. The air resources board said there are an estimated 200,000 vehicles that have yet to comply with the rule just days before the new year, including roughly 70,000 big rig trucks,
Why Congress Can’t Refuse to Seat Santos
32 replies
The Democrats and the Fourth Estate have finally found, in congressman-elect George Santos (R-N.Y.), a Republican who is genuinely guilty of lying to the voters. Having thus discovered themselves — for once — in possession of the moral high ground, they have made the welkin ring with cries of outrage and calls for his resignation. However, if he ignores those calls, it may be difficult to stop him from being seated in the House and even harder to expel him once he takes office.
ST. LOUIS — Unless Missouri Gov. Mike Parson grants clemency, Amber McLaughlin, 49, will become the first openly transgender woman executed in the U.S. She is scheduled to die by injection Tuesday for killing a former girlfriend in 2003. McLaughlin’s attorney, Larry Komp, said there are no court appeals pending. The clemency request focuses on several issues, including McLaughlin’s traumatic childhood and mental health issues, which the jury never heard in her trial.
The Buffalo Bills and Cincinnati Bengals game Monday was temporarily suspended in the first quarter after Bills safety Damar Hamlin collapsed with 5:58 remaining in the first quarter.
A second-year player out of Pittsburgh, Hamlin tackled Bengals wide receiver Tee Higgins after a 13-yard gain. Hamlin stood up but collapsed to the ground.
An ambulance was brought onto the field and ESPN reporter Lisa Salters said medical responders were “working on him” for more than nine minutes.
Joe Biden, despite his dodderiness, insists he's up for a second term as president, but the record shows he's a man of semi-retired status.
According to the Daily Caller:
President Joe Biden spent nearly 40% of 2022 in Delaware, Camp David and vacation destinations.
A Daily Caller analysis of Biden’s 2022 public schedule shows that the president spent 92 days or partial days at one of his Delaware properties, and 32 days or partial days at Camp David.
Biden also vacationed seven days in South Carolina, five days in Nantucket, and five days in the U.S. Virgin Islands, bringing his total getaway
Why did Republicans underperform during the 2022 mid-terms? That question has become a near-constant point of contention on the right.
Was it a candidate quality issue? I’d argue that was certainly the case in several high-profile races, but that’s obviously not the only thing that plagued the GOP. There was also a lack of coherent messaging from leadership, and in many important races, Democrats were simply able to outspend their opponents by large margins. The RNC’s inability to harvest votes and bank early votes didn’t help either. Donald Trump is looking elsewhere for an explanation, though. In an eyebrow-raising rant on Sunday, he appeared to blame pro-lifers for GOP woes.
Biden and his family of grifters last week traveled to St. Croix for another vacation.
Biden has spent 280 days – or 40% of his presidency on vacation.
Biden is vacationing in sunny St. Croix while Americans freeze to death.
The island of St. Croix in the US Virgin Islands has been one of the Bidens' favorite vacation destinations, a spot he traveled to when he was the Vice President serving under former President Barack Obama, Caribbean Journal reported.
But this is his first trip to the US territory as President.
They even decide to send a cringe New Year's message!
President Joe Biden plans to appear with Senate Minority Leader Mitch McConnell (R-KY) in Kentucky on Wednesday, to promote infrastructure.
The president will use his appearance with McConnell to signal bipartisanship with establishment Republicans even as they take control of the House of Representatives.
Biden and McConnell are expected to celebrate the massive $1.2 trillion infrastructure bill passed in 2021, which McConnell and establishment Republicans worked with Democrats and the White House to get passed.
House Republican Leader Kevin McCarthy told reporters Tuesday would be a 'good day' after his staff spent Monday morning moving his office furniture into the Speaker's chambers.
Looking somewhat stressed on Monday afternoon, the California Republican was rushing out of the US Capitol when reporters asked him about the following day's House-wide vote to elect their chamber's leader.
McCarthy's campaign for the gavel has been somewhat bumpy for weeks, but the pressure has ramped up in the final 48 hours with as many as 15 GOP members allegedly ready to vote against him. He can only lose four votes to still clinch victory.
Suspected Idaho murderer Bryan Kohberger spends his days ranting and singing lyrics from violent rap songs inside the Pennsylvania jail where he is being held.
And several times the man accused of killing four University of Idaho students tried to expose himself to a female inmate who was held in a cell close to him.
Now that inmate, 50-year-old Valerie Cipollina, has revealed exclusively to DailyMail.com how Kohberger taunted guards, saying they were too scared to go in his cell.
'I cut them, I'll cut you,' Kohberger yelled repeatedly, said Cipollina, who was held at the Monroe County Jail for six hours on a New Year's domestic violence charge.
Disney Got Absolutely Wrecked in 2022
17 replies
2022 wasn’t the year The Walt Disney Company’s descended into wokeness, but it was the year the media giant fully embraced it. From the legacy-character emasculations of “She-Hulk” and “Thor: Love and Thunder” to the variety of children’s movies pushing LGBT ideology, Disney decided to go all in. Unfortunately for their shareholders, that wasn’t a great strategy. The company had its worst year since 1974, seeing $123 billion in value wiped out.
According to Discern Report, Disney lost 44% of its market value in 2022 and is showing no signs of changing its corporate direction
Even to a jaded journalist, the New Year inspires hope that anything is possible. In that spirit, here are my three wishes for 2023.
No. 1 is Joe Biden announcing he won’t seek re-election. It would be the first thing he’s done to fulfill his pledge to unite the nation, with a decision to retire worthy of bipartisan celebration. Biden is a bumbler, and always was, even before cognitive decline turned his appearances into spectacles. The big achievement of his tenure has been to prove the wisdom of two warnings about him.