Make a Difference

Day: June 28, 2009

Cap And Trade US Self-Sabotage Bill Passed

Possibly the most monumental piece of economic lunacy ever proposed by any government anywhere (and I include the collectivisation of farms in Stalinist Russia) has passed through the US Congress.

This despite the fact that members of congress could not have read the bill for the simple reason that no complete, updated copy existed at the time of the vote. (Via Hyscience). As David Freddoso points out, global warming is apparently so urgent that politicians do not even have time to know what they are voting for.

Senator James Inhofe is not a brilliant speaker. But he is a clear thinker who does his homework. This video of his speech to the US senate illustrates the horrifying cost of this utterly pointless scheme. His criticisms apply  equally well to Australia’s equally disastrous proposed Cap and Tax legislation:

In related news, Polar Bear expert Mitchell Taylor has been told by the global warming alarmists preparing for the Copenhagen conference that because his research does not support the cause, his views are not helpful, and he is not welcome.

Copenhagen is not a science conference, it is a religious revival meeting.

Trading Stocks

Some tips from someone who has never made any money out of shares.

But I bet it is as good as any advice you will get from a broker or multi-thousand dollar charting package.

1.  Unless you invest in blue-chip stocks and plan to leave your money in the same stocks for years, trading in stocks is gambling. As in any form of gambling, don’t put in more than you can afford to lose.

2.  Buy when everyone else is selling, sell when everyone else is buying. The same applies to real estate.

3.  Stocks at historic low prices may be a great investment if the company is financially sound. But keep in mind, dead cats don’t bounce.

4.  Don’t panic over minor day to day price variations.

5. Low value stocks (penny stocks) may give high profits. If you invest $1,000 in a stock at 2c and it goes up 1c, you have made $500. But if it goes down 1c, you have lost $500.

6.  Tracking stock price cycles through charting is a bit like following the racing form guide. Don’t put any more faith in it than that. It isn’t science.

7.  Despite all the above, if you watch the news, think about what is happening in the world, what the weather is doing (this affects grain and exploration, amongst other things), and where the cycles are in stock prices (both general trends and the price cycle for the particular stock you are considering), it possible to make a better return on capital trading stocks than any other legitimate investment.

Farah Fawcett And Eternal Life

I never paid much attention to Farah Fawcett. I wasn’t fond of Charlie’s Angels, and when I did watch it, enjoyed Kate Jackson more.

Farah was indeed beautiful, and was an actress of considerable ability. But those are not the most important things about who she was.

Years ago I watched Brideshead Revisited with Jeremy Irons and Laurence Olivier. I had read the book as a teenager and loved it. The series was as good as the book – and that is saying something.

The climax of the story is when Lord Marchmain, who has violently rejected the Catholic faith in which he was raised, is lying on his death bed, and at the last moment, makes the sign of the cross.

That scene brought tears to my eyes. It told us that hope and redemption were possible, only a step away, no matter how far we might have strayed.

Now watch this video news story about Farah Fawcett:

Tears again, even though I did not know her. Hope and redemption and joy.

The most important thing about Farah Fawcett was that she was a woman of faith.

Rest eternal grant to her, O Lord, and let light perpetual shine upon her.

© 2024 Qohel