Posts Tagged ‘Arnold Schwarzenegger’
Posted by Larry Doyle on June 11th, 2011 7:12 AM |
I love America.
I love when our nation rises to the occasion to help each other during times of national crisis. I love when people who would prefer to remain anonymous perform real acts of heroism. I am truly grateful to be a citizen of this great land and to have the freedom to pursue fabulous opportunities and to speak my mind while doing so.
While I love our great land, I cringe when I witness those whom I believe are more concerned with pursuing self-promotion than real national interest. I put Donald Trump in this camp.
I cringe when I witness those in public office or the public arena whom I believe lack the decency and integrity to be upstanding model representatives for our children. I put Anthony Weiner, Arnold Schwarzenegger, and David Vitter amongst many more in this camp. (more…)
Tags: Anthony Weiner, Anthony Weiner's lack of decency and integrity, Arnold Schwarzeneger's lack of decency and integrity, Arnold Schwarzenegger, Barack Obama, Chris Matthews Sarah Palin, CNN Sarah Palin, David Vitter, David Vitter's lack of decency and integrity, Donald Trump self-promotion, freedom of speech, helping people during national crisis, I love America, instead of looking into Sarah Palin's e-mail, investigating Sarah Palin's e-mail, Jesse Lee White House communications, lack of decency and integrity, lawrence O'Donnel Sarah Palin, looking into Sarah Palin's e-mail, media investigations, media pettiness, MSNBC, MSNBC Sarah Palin, Obama Administration, politics of self-destruction, promotion of public interest, Rachel Maddow Sarah Palin, real acts of heroism, reviewing sarah palin's e-mail, reviews of sarah palin's e-mail, Sarah PAC, Sarah Palin, Sarah Palin's e-mail, Sean Hannity Sarah Palin, take back our country, the destruction of Sarah Palin, The Huffington Post Sarah Palin, The New York Times Sarah Palin e-mail, This is not our finest hour, time and effort spent reviewing Sarah Palin's e-mail, trying to destroy Sarah Palin, Washington Post Sarah Palin e-mail, what is in Sarah Palin's e-mail, What really happened between mary schapiro and bernie madoff, what really happened with allen stanford, what really happened with bernie madoff, what really happened with Chrysler bailout, what really happened with FINRA and its auction rate securities, what should the media investigate, who is investigating sarah palin's e-mail, why is the media looking into Sarah Palin's e-mail
Posted in General | 13 Comments »
Posted by Larry Doyle on October 25th, 2010 8:47 AM |
I thoroughly appreciate those involved in the markets who also have an equal appreciation for history, languages, literature, and the arts and sciences. Rare is the individual who is able to intertwine their passions and fluent enough to share them with others.
I thank a loyal reader of Sense on Cents who brings us just such an individual, that being Ben Davies, CEO of London-based Hinde Capital. Davies spoke the other day to the Committee for Monetary Research and Education in New York. Although his remarks are extensive, I found them to be quite compelling and truly insightful. I commend Ben for his passion and well rounded perspectives. If you consider yourself a student of the markets, interested in our global economy, or merely a lover of topics well written, you will want to read and savor Ben’s thoughts. I am happy to share them here today.
Remarks by Ben Davies,
CEO, Hinde Capital, London
Fall Dinner Meeting
Committee for Monetary Research and Education
Union League Club, New York
Thursday, October 21, 2010 (more…)
Tags: Arnold Schwarzenegger, Ben Davies of Hinde Capital, cause and effect, CMRE, Committee for Monetary Research and Education, Donald Rumsfeld, economic predictions, Ed Seykota, ex scientia pecuniae libertas, Federal Reserve, fiat currencies, George Soros or Louis Bacon, gold, Gustav Le Bon, Heisenberg Uncertainty Principle s, Hinde Capital, inflation vs deflation, intervention in the marketplace, investing in gold, known unknowns, Larry Doyle, Law of Mass Action, losing faith in government, mark mahaffey, market distortions, Market Wizards, Michael Steinhardt, Niall Ferguson, Out of Knowledge of Money Comes Freedom, philosopher Karl Popper, reflexivity, self-fulfilling prophecy, Sense on Cents, the outlook remains unusually uncertain, Travie McCoy, union league club in new york, unknown unknowns, variant perception, what makes a great trader, who is Ben Davies
Posted in General | 4 Comments »
Posted by Larry Doyle on April 6th, 2010 10:50 AM |
Making promises that can’t be kept.
Garnering support via payback, if not kickbacks.
Effectively misrepresenting expected returns.
Am I talking about Bernie Madoff and every other con artist who has ever perpetrated a Ponzi scheme? No, although I could be. I am addressing the reality of the public pension system in our country. Those participating in public pensions can rail on me all they want. The simple fact is the power and leverage of the public unions combined with the willingness of public officials to sell their souls, while mortgaging our children’s futures, have created a massive gap in the funding of public pension liabilities in our nation today. (more…)
Tags: Arnold Schwarzenegger, Bernie Madoff, Calpers, calstrs, Democratic party and public unions, entitlement programs, expected returns on pension holdings, financial frauds, financial promises, government control of retirement accounts, government entitlement programs, government IOUs, is California broke?, Larry Fink warns Calpers, mortgaging our childrens future, Obama administration takeover of retirement accounts, pension gaps, pension liabilities, pensions, Ponzi schemes, public officials, public pensions, public unions, Shortfall Awaits California's Big pension Funds, Social Security, Stanford University pension report, underfunded state pensions, University of California Retirement System i, will Uncle sam takeover my IRA
Posted in California, General, IRAs, pension obligations | 9 Comments »
Posted by Larry Doyle on January 7th, 2010 8:07 AM |
Should 49 states bail out one? Should the American public be compelled to cover the fiscal disaster of our largest state? Will America ever face reality?
The ticking time bomb that is the fiscal disaster of the state of California is making its way to Washington. As reported in yesterday’s Wall Street Journal, the Governator Arnold Schwarzenegger Seeks U.S. Funds. If Uncle Sam bails out California, then who is next?
Not surprisingly, the general media is not giving this story even close to the attention it deserves. I wrote extensively on this ticking time bomb last spring and summer. Tick…tick…tick. The fuse is running short.
Let’s quickly review some general statistics about the state on our Left Coast (in more ways than one). As I highlighted last May in writing “As California’s Economy Goes, So Goes the Country,” California has:
– 8 of the 50 largest cities
– population of approximately 37 million people (that we know of), a full 12% of our national population
– an economy similar in size to Italy, ranking it as one of the top 10 in the world (I have seen rankings of 8th and 9th)
– California’s economic output represents 13% of our national GDP!!
– an unemployment rate north of 11% compared to the national average of 8.9%. With a high unemployment rate amongst illegal immigrants, it is not a stretch that California’s unemployment rate is approaching 15% and its underemployment rate is greater than 20%!! (LD’s edit, the current rate is 12.3%).
What is Schwarzenegger’s case? The WSJ reports: (more…)
Tags: Arnold Schwarzenegger, bailout california, California, California bailout, california unemployment, california's gdp, economy in California, fiscal disaster in California, mismanagement in california, population in california, Schwarzenegger Seeks U.S. Funds, Schwarzenegger's state of the state, statistics about california, the left coast
Posted in California, General | 15 Comments »
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