Buds Blog

Great Issues Of The Day

Thu, 25 Apr 2013 06:33:37 +0000

April 15,2013: I am one of those who suffer from waking up early in the morning and have difficulty getting back to sleep. So rather than sit there looking at the ceiling, I turn on the TV, and since I live in Reno, Nevada, I am able to tune in on New York City Morning [...]

Minimum Wage Vs Econ 101

Thu, 14 Mar 2013 19:50:42 +0000

March 4, 2013: Robert Barone is a frequent writer in the Gannett chain of newspapers. He has a Ph.D. in economics from Georgetown University. He wrote an article the other day about the Minimum Wage laws which should be read by those who are concerned about why there are so many people unemployed in today’s [...]

Free Market Capitalism Vs. Social Capitalism

Sat, 16 Feb 2013 07:03:14 +0000

February 12, 2013: I listened to the Presidents “State of the Union Speech” for a while last night until I began to feel sick to my stomach watching the audience stand up and sit down like Yo-Yo’s on a string whenever a theme or demagogic statement was expressed that pleased them. This traditional event should [...]

“Pomp And Circumstance”

Mon, 21 Jan 2013 23:08:39 +0000

January 21, 2013: Today, America celebrated the inauguration of Barack Obama to his second term as President of the United States. On such a day, the music, “Pomp and Circumstances Military Marches” written by Sir Edward Elgar, set the tone for recognition of a special event that takes place every four years, the change or [...]

How The President Will Balance The Budget

Thu, 03 Jan 2013 05:25:58 +0000

January 2, 2013: Most Americans believe that the wealthy should pay a larger percentage of their income ( or as the President says, a” fair share”) to fund the cost of government. President Obama has voiced over and over that we need to “invest “more dollars in education, special job training, repair and replace much [...]

A Realistic Look Ahead

Sat, 22 Dec 2012 06:37:35 +0000

When I read something that was written by a respected professional investor that coincides so very well with what I have been thinking and doing for the past two years, I think it appropriate to quote it in its entirety rather that just paraphrase it in my own words. The author of this treatise, pictured [...]

FINANCIAL REPRESSION

Sun, 09 Dec 2012 07:11:31 +0000

December 8, 2012: For all of my adult life, I have believed that ordinary people with a modest education could create wealth by saving a small portion; say 15% of what they earned, and investing a large part of it in interest bearing savings accounts and good solid corporate or municipal bonds along with some [...]

Cultural Change?

Thu, 08 Nov 2012 04:38:59 +0000

November 7, 2012: Tuesday’s presidential election results showed that the American voting public has not only become more permanently diverse in its makeup, but also in its mindset. Obama bet, and won, on the assumption that the electorate would retain much of the age, ethnic and racial diversity he brought out in 2008. But across [...]