WHY HILLARY CLINTON SHOULD NOT BE ELECTED PRESIDENT...

Hillary Clinton recently claimed that prosperity is not just for CEOs and Hedge Fund managers.  She conveniently forgot that prosperity may not just be for Ex Presidents either.  

Furthermore, she doesn't bother to point out that if state governments, university endowments, unions and others did not give hedge funds their assets to manage, hedge fund managers would be making a lot less.

She said that democracy is not just for corporations. She left out almost everyone works for "corporations". Corporations are the basis of how we organize together for a substantial part of our lives. 

She conveniently left out that the entertainers and Hollywood people that support her are billionaires and millionaires  and CEOs.  To be more precise, she forgot to point out that almost the entire retirement and pension system is funded in one respect or another by our corporations.  She also left out that a significant portion of the wealth of the country is invested for the benefit of millions and millions of future retirees in the stocks and bonds of these corporations for which "most of us" work.  She also doesn't seem to care or know how the economy functions (for another time).

She should not be running for President because her campaign will be based on these kinds of deceptions and outright belief that the electorate is "stupid".

 

FIFA SUIT IS DUE TO RUSSIA, OIL AND GOOGLE..(ORIGINALLY PUBLISHED 9/22/11)...

If you want to be really disgusted with the functioning of the Justice Department, take a look at the extensive list of antitrust cases filed under the Department's website.

The Justice Department has brought cases against Alcoa; a company that's gone nowhere, Eastman Kodak; a company that is virtually out of business, Microsoft; as it came under intense competition, IBM; still around but not really ever growing, etc. Now they are finally attacking Google, as it's primacy in the Internet market comes under fierce attack.

I decided to just pull a case at random. It's hard to believe but in 1993 our Justice Department, yours and mine, actually filed a case against a company for attempting to maintain the retail price of HOCKEY SKATES WITH V2 BLADES. There is no more inept view of our country than the destruction brought to the business community by the insanity of having an antitrust case over hockey skates.

Another example of a government department that's overzealous, over sized and out of control.

THE BLOG IS BACK

I decided to put the website back up because so many people reached out and requested I do so.  Thank you to all of our loyal followers. 

OBAMA'S DEMOCRATIC DECEIT...

It may have been going on for a long time but there's a serious flaw in the Democrat's political stance.

When President Obama says he is for the middle class and not the rich cats of Wall Street it makes me disgusted because it's a big lie.

Millions of people work for his so called "Wall Street". Pension funds, mutual funds, banks, brokerage firms, insurance companies, real estate companies, payroll processors, consultants, accountants, lawyers and the list could go on and on.

Does President Obama mean that his supporters, George Soros,  Bruce Springsteen, Barbara Streisand, George Clooney, Bill Clinton, Nancy Pelosi, Elizabeth Warren, Beyonce and Jay Z are the rich cats of Wall Street.  These people are multi-millionaires or billionaires.

The Democratic party should be held to explaining who exactly they are referring to.  Do we want to keep the majority of our people ignorant of economic realities?

Does he mean if a middle class person is invested in the stock market that they are rich cats of Wall Street? His whole political equation is so stupid that its not worth writing about anymore.

I've written hundreds of blogs.  Some were significantly correct and a few were somewhat wrong.  I tried my best to be objective and fair and for the most part I think I did a good job.

This will be my last blog and want to thank all the people who have followed the Osherow Institute.  May all be healthy and happy.

OIL IS NOT HOUSING - BLOG OF THE DAY...

The pundits of doom are reappearing.  This time it concerns the negative effect of the substantial and rapid decline in crude oil prices.  If the price of oil remains in the $70 dollar area it will cause the need for certain economic adjustments.  Some pundits are comparing the oil price decline to the housing crisis.

This is totally wrong.  The comparison is little or none.   The reason is that there were no real beneficiaries from the substantial decline in home prices.  There are countless beneficiaries from the substantial decline in crude.  That is the vast difference.  It will work out that way.  

OBAMA NEEDS A FREUDIAN ANALYST...

Since our President seems unable to effectively gain the respect of Putin, he's busy directing his manliness towards battles with the Congress.

Wouldn't it be better if he projected an agenda aimed at working together to improve the American experience?

OBAMA - IT'S FINALLY TIME TO SAY IT...

There seems to be so many negative headlines lately, Ebola, ISIS, Russia/Ukraine, Hong Kong Riots, Stock Market volatility, Destructive corporate policies, Secret Service scandals, Veterans Administration, IRS, Obamacare website fiasco and on and on.  All of these situations can be traced back to President Obama if only because he is the CEO of the nation.

His lack of action, his wrong actions, his inability to select experienced leaders, his inability to retain qualified leaders, his passivity, and his basic lack of experience is obvious.

He was elected on the premise of change. The reality is he has changed little for the better.

JONATHAN TISCH - THE STORY OF "I"

In a recent edition of a well know NY newspaper, there was an interview with the head of Loews
Corporation, Jonathan Tisch.  In my opinion, this executive sits in his position of power due to the fact he had a brilliant grandfather, not the results his company has generated since his grandfather's passing.

What made the article worthy of comment, was an absurd last paragraph where the executive is quoted with saying " I was taught never start a paragraph with the word I.  It sends a message that "I" am more important than the people reading the article."  The insanity of the article is that there were about forty "I's" referring to himself in the very short interview.  In my opinion, I have never seen such an egocentric interview ever.

Watch out for interviews in this newspaper.  

RUSSIA EXERTS POWERS WHILE OBAMA COWERS..(ORIGINALLY PUBLISHED 7/31/14)

Russia will begin to cut back on natural  gas supplies to Europe and an invasion of Ukraine is probably not far off.

ISRAEL - A GAME WITH ZERO PROBABILITY OF AN END?

In a baseball game there are players at all different positions.  If you remove one player at a time from the field, each removal will weaken the defense against the opposition.  The same thing is true in other sports.  In a chess game the objective is to take pieces from the opposing player in order to ultimately capture the king.

It has become obvious to me, that there is at this time no possible way to settle the Palestinian question.  Years ago associates of mine tried to involve me in an organization called "Peace Now".  It was one of many groups that sought to provide a specific methodology for bringing peace to the Israel/Palestinian confusion.  I didn't agree with the "Peace Now" plan then, and up until now it seems to have been totally wrong.  

ISIS, Hezbollah, Hamas, Taliban, Fatah, Muslim Brotherhood, etc. appear to be different groups  with various positions on one issue or another.  Yet each one of these groups are acting collectively as one team, prepared to take on whomever chooses to challenge them.  If one group (player) withdraws from the field by settling differences with Israel, United States, etc. the entire group (team) is weakened. 

Consequently it is becoming obvious that a settlement from any single terrorist related group will not occur in any time frame relevant to current attempts.  

BLOG OF THE DAY

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...

LATEST BLOG OF THE DAY...

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.

BLOG OF THE DAY

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...

WAR SUCKS...BUT LOSING IS WORSE...

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.

LAUGH OF THE DAY

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...

RUSSIA - REAGAN OVERTURNED...

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".

OBAMA ...NO COMMENT!!!(ORIGINALLY POSTED 7/23/12)

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.  

THE PC BUSINESS IS COMING BACK TO LIFE...(ORIGINALLY PUBLISHED 4/29/13)

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.

RUSSIA - THE PROBLEM IS WE REFUSE TO BELIEVE IT...(ORIGINALLY PUBLISHED 3/19/14)

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.

RUSSIA AND OBAMA'S UNDER PERFORMING PORTFOLIO....

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.