Thursday, July 31, 2014


Israel is fighting for its survival.   CNN keeps putting up the United Nations representatives as the protectors of the Palestinians and not keeping the context of civilian casualties honest and unbiased.


In the old days every army had people who were arrow makers.  They made an endless supply of arrows.  In addition, most battles were always fought with a certain number of troops being kept in reserve.  Reserves have often been the difference between winning and losing.  Obviously, if you didn't have arrows you lost.

It's incomprehensible for Israel to not have an endless supply of ammunition. Their reserves are limited, but not to have ammunition suggests that this generation of Israelis generals don't fully grasp what happened to the French in Vietnam. Limited reserves, limited ammunition and confused leadership.  Very scary...

Wednesday, July 30, 2014


There are very few words to describe war.  People die horrible deaths.

In World war II 25 million civilians died.  In the continuing turmoil in the Middle East, Pakistan and Afghanistan, 250 thousand civilians have died.

Whether the four little Palestinian boys on the beach in Gaza were just playing or placed there is irrelevant. They are unfortunate civilian casualties of war.  No nation has made the effort to avoid civilian casualties more than what we see being made by  the Israeli government.

Most news media sources distort the news when they don't present the full picture of why civilians die in wars.

Israel and Hamas are at war.  Unfortunately civilians will die.  The news media has to totally stop "psychologically" trying to place the blame on Israel.

If Hamas doesn't want its civilians to die, all they have to do is stop fighting.


Gorbachev dismantled the Russian Federation.  Putin is going to rebuild it.

There are 140 million people in Russia.  Putin knows population counts.  Atomic weapons aren't going to be used therefore you need, in Putin's view, a powerful armed forces.

Ukraine has over 40 million people. Controlling the Ukraine would increase Russia's population significantly.

China doesn't care.  India doesn't care.  Europe is impotent.  We have developed a similar proclivity.

Most Americans don't serve in the Armed Forces.  It wouldn't be too difficult to make the leap into believing that we are served by a mercenary hired Armed Forces.

Europe and other countries in close proximity to Russia will have increasing fear of Russian aggression.  Our middle eastern allies will have an increased tendency to look East.

The West didn't lend help to the Ukraines...the consequences should be clear.  Weakened influence around the entire globe. 

Tuesday, July 29, 2014


The New York Times has the audacity to keep on telling everyone else how to live their lives, yet they can't recognize their own inability to manage their own house.  Today the New York Times reported another miserable business quarter.

Beware of about anything you read in this paper...

Monday, July 21, 2014


If you accept the thesis that Putin views the Russian population as too small to contend with the huge populations of Pakistan, Indonesia, India and China, etc. then you begin to see the reality of what is truly taking place.

If you accept another  thesis that there is a long term plan, most significantly by Russia and several Islamic terrorist groups, to diminish the European and American alliance then you are seeing  the real picture.

No one even talks about Crimea anymore.  We have absolutely no power to sanction Russia in any meaningful way.  The Europeans will not join with us for fear of losing their energy resources.  If Russia chose to cut them off, the hardship in the European nations will far exceed the drop of Russian oil revenues.  In any case, Russia is a country  on a mission and Europe would freeze before Russia gave in.

Putin realizes that no threats, from anyone, have any substance behind them. No one is prepared to go to war over any action that Russia takes.  What would we or Europe do if Russia decided to reclaim Poland, etc.?  Putin theorizes that there is absolutely nothing we would do.

We can't even stop the French from sending advanced weapons to Russia; even under the current circumstances.

There have been long periods history where fear of consequences trumped evil actions.

Because of the political mistakes made by the U.S., and Europe choosing to put its security into Russian hands, Putin now indirectly controls more oil outside of Russia than he ever could dream of.

Russia also knows no civilized nation is going to use atomic weapons.  It is only a question of how far Putin is willing to go to achieve the "Renaissance of the Motherland".

Thursday, July 17, 2014


The Taliban continue to thrive in Afghanistan.  Al Qaeda is still a problem throughout the world.  Iraq  continues in a semi-state of war.  Socialists have taken over in France.  Russia refuses to cooperate with the Obama administration in the Mideast.  Its seems if no progress has been made on the Iranian situation.  Egypt has elected fundamentalists similar to the Iranian government.   Syria borders on the unbelievable in this day and age. Obama was elected with little or no foreign policy experience.  

America's a democracy, we get what we vote for.  


Exactly at the point where everything is changing, pessimism runs deep in the personal computer space.

Practically no one who goes into an office or classroom setting uses a tablet to prepare their spreadsheets, letters, term papers, etc. etc.  We wrote a blog in April 2011 (A Retailer Making Computers) about the destructive nature of the tablet to the PC business.

Now we are pointing out that PC business is at the beginning of a resurgence of significance.

Wednesday, July 16, 2014


Russia provides arms to Hamas, Hezbollah, Iran, Taliban, Syrians, Al Qaeda, and almost every other anti-western military organization.

President Obama has actually believed that our "disengagement" would cause the opposition to retreat.  Thousands of years of world history has shown retreat becomes an endless process, where at best you are left with the choices of the aggressor.

A recent New York City newspaper editorial wrote about weakening the Russian expansion by building our energy independence.  This editorial actually talked in some whimsical way about President Obama capturing the moment by setting us on a decades long rebirth of our nation.

Russia has slowly but surely cemented an increasing share of the energy supply.  As I wrote in a blog a while back, it would have been alot easier to solve the Syrian situation if we would have done what had to be done at the beginning of this murderous catastrophe.

It has been forgotten in the press that up until recently a Russian battleship was stationed in Cuba. As far I know, it may still be there.  If Russia will not back down when we stand up to them, its only a matter of time when we reach the point that they will never back down and guess what, we will.

Just as the IPad changed the outlook for the PC Industry, Russia's long term plan seems to be the resurrection of the Russian Empire, especially under the Obama administration.

Tuesday, July 15, 2014


The first thing that really has to be understood, in order to have clarity of insight,  is to determine whose in charge.

In the money management industry people sometime change from one manager to another.  When they do their existing portfolios consist of stocks and bonds.

The new money management firm takes on responsibility for managing the client's portfolio; meaning they have responsibility of the clients assets from the day they receive the new client's portfolio.

It is close to impossible to be able to blame the prior portfolio management firm for performance under the new manager's aegis.  The new manager is responsible for the performance from day one and can't blame poor performance on who managed the money before them.

This exact same concept is true about foreign policy. President Obama and his team have been responsible since they got elected.  They made their choices, they could have made different ones.

The dominoes are falling in the Middle East and potentially in alot of other places around the world.  As the Polish foreign minister just implied, relying on president Obama for protection is ludicrous.

Blaming George Bush or Cheney is politics and is the rhetoric of self interested and dangerous people.  It was Obama's portfolio from the day he was elected. 

Tuesday, July 8, 2014


We continue to watch the ineptitude of the Obama administration.

President Obama blackmailed Israel into supporting the joining of Hamas with the Palestinian government.  The weakness of our foreign policy is allowing the Middle Eastern dominoes to fall.  Jordan, Kuwait and Saudi Arabia will be next.  Unfortunately I don't believe you can stop terrorist organizations with fancy words and appeasement.

We may be getting close to a tipping point, with Kerry and Obama totally incapable of handling the situation.  

Monday, July 7, 2014


Human nature may be human nature.  The atrocity in Israel of six Israeli Jews murdering an innocent Palestinian boy reaches beyond what diaspora  Jews expect Israel to be.

I have written about the black murders in Chicago extensively.  The fact that a disproportionate number of murders were committed by black people meant little.  The color of their skin was irrelevant, it was the murder rate that was and still is atrocious.

As a Jew, continuously supportive of the plight facing Israelis, I now find myself disgusted. There is no excuse or explanation any more so than applies to any other group of people.  A friend of mine once told me that if Jews don't support each other, no one else will.  If this is what the circumstances have brought Israeli's society to, they are no better than any other crime ridden group.

The fact is, just as there are significant problems in minority segments of our population, there is a big problem in Israel.  Explanations don't cut it.

Shepard Osherow. All Rights Reserved