Buds Blog

SAVING AND INVESTING DEBUNKED

Thu, 19 Mar 2015 01:05:06 +0000

March 18, 2015: I read an article today written by Michael Hiltizik, a columnist with the Los Angeles Times Newspaper. In it he claims that the theory that any average person can become rich by way of hard work and rigorously virtuous thrift is one of the compelling myths of the American experience”. The idea [...]

A FUNDAMENTAL ECONOMIC PRINCIPLE

Tue, 17 Mar 2015 05:13:34 +0000

March 16,2015:  This chart below shows what the term “falling off a cliff” looks like in the security markets, in this case, the price of oil.  Only once before in the past 30-40 years has this commodity had such a sharp drop in market price and that was during the global economic financial collapse of [...]

Giving Us “the Bird”

Thu, 26 Feb 2015 07:51:32 +0000

Birdman or (The Unexpected Virtue of Ignorance), often referred to simply as Birdman a “black” comedy-drama film co-written, co-produced, by James W. Skotchdopl My wife  and I watched the Academy awards last Sunday along with several million people around the World.  I normally don’t pay much attention to the Hollywood scene although I grew up [...]

Having Skin In The Taxable Income Game

Sat, 31 Jan 2015 04:12:01 +0000

With seemingly good intentions, President Barack Obama began his pursuit of and eventual election to the most powerful office in the World, the Presidency of the United States of America, with a fundamental economic belief: The U. S. Federal Government has the obligation under the Constitution to place in effect those policies, legislation and regulations [...]

ARE COLLEGE CAMPUSES LIKE ARIZONA STATE UNIVERSITY SAFE FOR STUDENTS?

Thu, 22 Jan 2015 07:48:11 +0000

Late on Saturday night January 27th, my grandson Scott, a 24 year old junior at Arizona State University and two other students were walking toward a popular Jack in the Box fast food restaurant at 2145 East University Drive in Tempe, whereupon arriving at the restaurant, the two friends went inside to order something. Scott [...]

WHY IS THE GAME OF BRIDGE SO MUCH FUN

Tue, 30 Sep 2014 16:44:06 +0000

Unknown to most of the under 50 year old generations (except for a growing number of high school and middle school students across the Country like these in Reno, Nevada), the game of Contract Bridge is the most popular card game in the world. Created from the century old English game of Whist, Bridge was [...]

Political And Social Beliefs

Mon, 08 Sep 2014 05:14:45 +0000

It seems that most people in today’s world are uncomfortable expressing their beliefs about political, moral and social perspectives except when voicing them to those that they know believe as they do. Too many people remain mute when a statement is made with which they disagree or at least feel that it may not be [...]

The Agriculture Dept Says Raising A Child Will Cost $250,000 Until They Are 18 Years Of Age

Sat, 23 Aug 2014 04:26:21 +0000

WASHINGTON (AP), August 18, 2014: –” A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult with additional monies required for funding college or graduate studies”, according to a report out Monday from the Associated Press. Those costs — food, housing, childcare, health [...]