Blog Category:

Abigail Disney is screaming about how Disney furloughed 43,000 employees from their parks.  Abigail, relax.  First off, because of the CARES stimulus package, all of these employees will get $600 added to their unemployment insurance, so they will be making about $1,100 a week. Much more than  the average Disney Parks employee makes. The parks […]

“Wake up, you idiots!” shouted John McAfee, founder of McAfee, the virus software company, and now billionaire-on-the-run as he hops from country to country after being charged with tax evasion.  Earlier he told me, “I went to the Bahamas, but then the U.S. tried to get me there… Cuba… the Dominican Republic… and now I […]

We have shut down the economy because of the experts. First the mathematical models said there could be up to 140 million deaths worldwide.  Then they said fewer, and fewer, and fewer, and we shut down the economy, and fewer, and they were wrong about the effect of the shutdown, and fewer… There is no […]

1994 – Clinton used an executive order to create the National Homeownership Strategy, with the very good intention that everyone should be able to afford a home. This began reducing borrowing standards so more people could get loans. 1995 – Presidential executive orders forced banks to establish a lending quota of up to $6 trillion […]

COVID-19 has shown us what the myths of society are and now they are quickly unraveling. Here are 13 myths that COVID-19 is shining its light on: MYTH: Owning a home will give you “roots.” Many people have left their homes, or stopped paying their mortgage, taxes or rent. We’ll see who truly “owns” these […]

I like that the market went down 1.5%.  In other words, a normal day. To me, this is MUCH more bullish than the market GOING UP 10% in a day.  It shows me that the general population thinks that the market is fairly valued around here (it might be, it might not be, but that […]

SUMMARY: Don’t read the headlines tomorrow on the virus and unemployment.  There’s been a peak in N.Y.C. cases as evidenced by several days in a row of fewer hospitalizations. California, Washington, Oregon, and possibly N.Y.C. are now RETURNING ventilators, saying they have enough.  Unemployment is obviously not good. But not as bad the newspapers will […]