Comments about the financial markets, politics and other random thoughts of interest.

Tuesday, June 15, 2004

Dell to develop services to deal with viruses and pop ups

There is an opportunity and a risk here. This subject was discussed in today's USA Today. The risk is that Dell has to spend too much time on dealing with these issues and it hits the business. The opportunity is that they convert this problem into extra dollars in terms of services revenues. My take, Dell is one smart company and they make hay out of grass clippings.

Friday, June 11, 2004

Perhaps one of Reagan's greatest quotes

“We who live in free market societies believe that growth, prosperity and, ultimately, human fulfillment are created from the bottom up, not the government down. Only when the human spirit is allowed to invent and create, only when individuals are given a personal stake in deciding economic policies and benefiting from their success –only then can societies remain alive, dynamic, prosperous, progressive and free."

President Ronald Reagan, March 28, 1995 Speech to the New York Stock Exchange

Best quote to sum up the week for Reagan

We suspect there's something far sturdier at work, in particular the desire for Americans to regain their sense of national pride and direction. Even Mr. Reagan's critics have praised his "optimism" this week but as if to reduce it to a smile. The Gipper's optimism was much deeper, connected as it was both to specific policies (which we discussed on Monday in this space) and to a faith in America's fundamental goodness and moral purpose. Mr. Reagan genuinely believed, and said regularly, that democracy and freedom are universal aspirations and that America has an obligation to promote them to the rest of the world.


From the WSJ.com Review & Outlook section in Friday's paper.

Wednesday, June 02, 2004

Carville a.k.a. The Snake Man with the Quote of The Month

"Back in 2000, a Republican friend of mine warned me that if I voted for Al Gore and he won, the stock market would tank, we'd lose millions of jobs, and our military would be totally overstretched. You know what? I did vote for Al Gore, he did win, and I'll be damned if all those things didn't come true."

James Carville

Tuesday, June 01, 2004

The U.S. Energy Policy = no energy policy

For the past twenty years, the U.S. energy policy has been not to have one. We have not learned from our past mistakes and once again will repeat them. The problem is not the lack of crude production by the Saudis but rather 1.the lack of any new refineries in the U.S. and 2. a screwy policy of the composite of gasoline that impacts how gasoline is produced state by state. Bottomline, time to invest in companies that will 1.help build new refineries 2.alternative sources like natural gas 3.auto companies that manufacture cars that are fuel efficient.