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The United Nations Moves In
It was 60 years ago on Aug. 21, 1950, that the advocates of one-world government and defenders of murderous tyrannies and corrupt dictators got the world headquarters they had sought for nearly a century. The United Nations moved into its new home along the East River in [....]
http://www.personalliberty.com/this-week-in-history/the-united-nations-moves-in/
The Root Cause of America's Economic Pain
Despite all the grumbling by American economists about the Chinese keeping a lid on the value of the Renminbi (yuan), it is not the primary source of economic pain in America today. For this reason, Ben Bernanke's "QE2" policy (i.e. printing money) will not be successful because it does not attack the root cause of U.S. economic weakness. What is the root cause of American economic pain, and how can I make such a confident statement? The U.S. Commerce Department reported September 2010's trade [....]
http://seekingalpha.com/article/238920-foreign-oil-dependency-the-root-cause-of-america-s-economic-pain?source=email_the_daily_dispatch
Governments', Terrorists', and Corporations' Reactions to WikiLeaks
Placing hundreds of thousands of classified military and diplomatic cables on the Internet constitutes a massive betrayal of America. A nation must safeguard its military and diplomatic secrets if it is to be trusted in the international system. Whoever provided the material to WikiLeaks should be prosecuted under the death sentence, regardless of his or her alleged motivations or mental worries. Traitors always feel aggrieved. Al-Qaeda and other terrorist groups read the Internet avidly, so it is likely that, by now, some individuals who cooperated with America have fled for their lives, or been murdered. (Capital punishment is a deterrent to betrayal.) As for the founder of WikiLeaks, surely [....]
http://www.nationalreview.com/corner/254028/long-term-effects-wikileaks-bing-west
{**}
There are plenty of reasons for taxpayers to scream. Here it is, year-end tax-planning time, when investors must decide whether to take gains or harvest losses and make important retirement-account choices. Yet crucial questions remain—not only about next year's tax law but also about this year's.
If Congress doesn't pass an extension of the Bush-era tax rates for upper-income earners, the top rate on long-term capital gains will rise by one-third next year—an increase that is double the rise in rates on ordinary income. The rate on dividends, meanwhile, could nearly triple. And many taxpayers are still waiting for answers on the 2010 alternative minimum tax, the estate tax and the gift tax. Adding to taxpayers' anxiety, two serious overhaul proposals were just [....]
http://www.marketwatch.com/story/smart-year-end-tax-moves-2010-11-29?pagenumber=1
The Veteran Vote
Each of the two major parties enjoys overwhelming advantages with certain demographic groups, and equally stark disadvantages with others. The Washington Post characterizes the divide this way:
http://www.nationalreview.com/articles/253985/veteran-vote-william-f-buckley-jr?page=1{**}Smart Year-End Tax Moves for Investors
Results from November’s midterm elections have exposed a deepening political divide between cities on the coasts and the less-dense areas in the middle of the country.The Post story notes that “Democrats remained strong in areas with the party’s core of minorities and higher-educated whites” but suffered overwhelming setbacks among white working-class voters. “Exit polls,” it pointed out, “showed that Democrats lost [....]
The Republican Party’s big gains in the House came largely from districts that were older, less [racially] diverse and less educated than the nation as a whole. Democrats kept their big majorities in the cities.
Four Stocks That Have Pop Potential
Isilon Systems (ISLN) has already received a $33.85 offer from EMC and the deal seems done, or is it? I went long the Dec $35's at $.10 2 weeks ago, then the Dec $34's at $.05 last week and even the Mar $35's at $.05 last week too. Why? Some feel that this deal wasn't the best that ISLN could get and if there is a big enough outcry as some law firms are suggesting, "maybe" the deal gets sweetened to $35+ (my opinion) or perhaps someone else steps in like the PAR deal and who knows where this goes to - $40? Having options that cost $5 each with the "potential" in a small incremental raise to say $35 would be almost a 20:1 payoff if sold at par. If, and I mean a BIG if, the deal is busted and another steps in at say $38, that is a 60:1 payoff. Again, if you know me, I take big swings (and often miss) but when I connect, it's a landslide. TIVO... Ahhh Tivo, I had (for friends/clients) over 3500 TIVO Nov options expire worthless a week ago, standing there waiting for some sort of positive news and ready to collect a couple million if [....]
http://seekingalpha.com/article/238923-four-stocks-that-have-pop-potential?source=email_the_daily_dispatch
Americans Give Mixed Marks To Limits On Mortgage Tax Deduction
A new Rasmussen Reports national telephone survey finds that 41% of Adults favor limiting the income tax deduction a homeowner can take only to the first $500,000 of any home mortgage, but 38% oppose any such cap. Twenty-one percent (21%) are not sure. Currently, the cap for deduction purposes is $1 million. Another alternative is to limit the mortgage income tax deduction to the size of the average home mortgage, although it is important to note that [....]
http://www.rasmussenreports.com/public_content/business/federal_budget/november_
2010/americans_give_mixed_marks_to_limits_on_mortgage_tax_deduction
3 Tech Stocks That Could Jump +20% to +40% in No Time
While staying focused on your best long-term ideas, it also helps to boost your portfolio by looking for stocks with a chance for quick moderate gains. And in the tech sector, we've seen all kinds of headline-induced winners in the past six months, thanks to M&A activity, robust quarterly results and other catalysts. Here are three more names that could be quick risers during the next few months.
1. Motorola (NYSE: MOT)
This former tech stalwart has been on the mend after a disastrous few years. This $25 stock in 2007 fell below $5 in early 2009, but is now back up above $7.50. Yet by January[....Check URL below for the other two stocks!]
http://seekingalpha.com/article/239542-3-tech-stocks-that-could-jump-20-to-40-in-no-time?source=email_the_daily_dispatch
Arizona Legislator Calls Obama’s Actions “Impeachable”
The campaign to impeach Barack Obama has a distinguished new advocate: Arizona State Senator Russell Pearce, who authored Arizona’s immigration law S.B. 1070. During a speech on November 19, Pearce told an audience:
Think about it. This is the first time in the history of the United States that a sitting president has sided with a foreign government to sue the citizens of its country. For defending our laws? For defending and protecting the citizens of the state of Arizona? It’s outrageous, and it’s impeachable.{*}
http://floydreports.com/arizona-legislator-calls-obamas-actions-impeachable/?utm_source=Expose+Obama&utm_campaign=412aa71b94-EO_11_30_201012_1_2010&utm_medium=email
Don't Get Caught Holding These 3 Well-Known Stocks
In the final stages of the dot-com boom, a number of stocks tacked on stunning gains day after day, in what's known as a "melt-up." These stocks were no longer logically valued on any sort of fundamental basis, and instead were squarely in the hands of momentum investors that know a happy stock chart when they see one. I've been looking at three companies that looked fairly pricey a month ago, and now they're much more expensive today. You'd be crazy to buy these stocks now, and with a strong stomach, you're likely to [....]
http://seekingalpha.com/article/239674-don-t-get-caught-holding-these-3-well-known-stocks?source=email_the_daily_dispatch
More DHS Controls Coming FAST
Coming soon, to a sporting event, concert or other public venue near you — Future Attribute Screening Technology (FAST) from the Department of Homeland Security. (The video below is from the DHS.) This is truly Orwellian technology. And it’s just one of many programs DHS is working on to “keep you safe.” In the days before Thanksgiving, the people staged a mini-revolt over the Transportation Security Administration’s dangerous and unConstitutional naked body scanners/peep show and the increasingly invasive enhanced body pat-downs/grope fest being conducted on innocent airline passengers. The TSA backed down on the day before Thanksgiving by roping off most of the scanners and ceasing the pat-downs in order to thwart the passenger[....]
http://www.personalliberty.com/conservative-politics/more-dhs-controls-coming-fast/?eiid=&rmid=2010_12_03_PLA_[PIZ4910E]&rrid=387432349
Netflix May Be Too Good to Be True
Netflix (NFLX) is truly on a roll! It has vaulted over 50% in the last three months alone and has nearly quadrupled in the last nine months. Its market cap of almost $10 billion rivals some of the biggest names in the S&P 500 and is the darling of Wall Street. Although its shares have had such a[....]
http://seekingalpha.com/article/239033-netflix-may-be-too-good-to-be-true?source=email_stocks_and_sectors
Netflix: Will This Movie Ever End?
After driving Blockbuster (BLOKA.PK) out of business and taking a good chunk of subscribers from cable TVs, Netflix (NFLX) is now setting sight on the streaming video business. On Monday Nov. 22, Netflix announced a new subscription service - -$7.99 a month for unlimited downloads of movies and television shows, while raising prices (by one dollar) on its existing DVD-related service plans. This officially moves the DVD rental king onto the turf of heavy weights like[....]
http://seekingalpha.com/article/238854-netflix-will-this-movie-ever-end?source=email_stocks_and_sectors
Sprouts: A Genuine Super Food
Sprouts are tasty, nutritious, and versatile, from their familiar use in salads to baking sprouted-grain breads to making excellent quick snacks by the handful. Their virtues were discovered by the Chinese millennia ago and modern research continues to uncover their benefits.
Legumes such as beans, peas, and soybeans provide fiber, folate and protease inhibitors, all of which may offer protection against heart disease and cancer. All of these may be sprouted. In addition, alfalfa is actually an atypical legume and provides similar benefits.
As a living food, sprouts have active biological processes going on that give you a head start on digestion, making them more nutritionally efficient than raw or cooked whole seeds. The conditions of sprouting overcome the enzyme inhibitors that help keep dry seeds and grains from sprouting randomly, and break down the concentrated starch stored in the seeds, making it more accessible to the body. Proteins are also broken down into their constituent amino acids, from which the body can efficiently pick and choose to build its own protein. In short, more nutrients reach the cells with less effort on the body’s part, and with less quantity of food consumed. The principle digestive benefit of sprouts comes from[....]
http://offthegridnews.com/2010/11/29/sprouts-a-genuine-super-food/
Will Obama Fund Hezbollah?
Earlier this month, Rep. Howard Berman (D., Calif.) lifted a hold on $100 million of funding for the Lebanese Armed Forces. When he initially announced the hold, Berman explained, “Until we know more about this incident and the nature of Hezbollah influence on the [Lebanese Armed Forces] — and can assure that the LAF is a responsible actor — I cannot in good conscience allow the United States to continue sending weapons to Lebanon.” While Berman should be lauded for initiating the hold — especially when so many of his colleagues on the House Foreign Affairs Committee remained silent — going ahead with funding for the LAF at this point is a mistake.
I just returned from Lebanon, where I visited an array of pro-sovereignty Lebanese officials, and also spent a day in Hezbollah strongholds in south Beirut and southern Lebanon. It is an open secret among Lebanese of all political stripes that Hezbollah has infiltrated the Lebanese Armed Forces. The only figures who objected to such a characterization were those who stood to benefit financially from the provision of the aid. The State Department wants to fund the Lebanese army in order to symbolize America’s commitment to Lebanese sovereignty and counter[....]
http://www.nationalreview.com/corner/253689/will-obama-fund-hezbollah-michael-rubin
Til Nex'Sunday....
{*} Senator Pearce was referring to the Obama administration’s decision to invite 11 Central and South American nations to join the federal government’s lawsuit against Arizona. This outsourcing [....]
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