According to Dan Walter’s article in today’s Sacramento Bee: The latest survey on state taxes has been issued by the conservative Tax Foundation, dealing with what it calls the ‘business tax climate’. Ironically, the Tax Foundation found that California’s business…
In an article today on Latina Republican assemblywoman Bonnie Garcia the Sacramento Bee wrote: At one point in the recording [of a Schwarzenegger meeting with his inner circle], the governor and an aide debate whether Garcia is of Cuban or…
On his radio show Real Money this morning (Thursday October 26) Jim Cramer, of CNBC’s popular Mad Money, had some interesting things to say about the upcoming election and Top Gun recommendation Comcast. On the upcoming election: Election day is…
“Nor shall private property be taken for public use without just compensation” – 5th Amendment of the US Constitution On June 23, 2005 the Supreme Court of the United States ruled for New London and against Susette Kelo in what is…
On Sunday I wrote this in the context of arguing against Props 1B – E: Nobody can deny the importance of the goals that Propositions 1A – 1E aim at. California’s infrastructure, especially its transportation system, is crucial to the…
Amazon (AMZN) reported 3rd quarter results today after the close (Tue Oct 24). In fact, the conference call which you can listen to live on the internet just ended a couple minutes ago. Apparently, the Street liked what it heard…
Netflix reported an excellent quarter after the close yesterday (Monday October 23, 2006) and the shares are popping today – up $4.12 to $27.35 with 8.7 million shares trading hands, according to Money Central (1:48pm EST, quotes 15 min delayed). If…
A very important election looms Tuesday November 7 – just 16 days away. Politics sets the framework within which we live our lives, including our economic lives, and its impact on the economy and therefore stocks and bonds is substantial. In…
The market responded negatively to Yahoo!’s mediocre 3rd quarter – even though everybody knew it was coming! Yahoo’s shares lost $1.16 yesterday to close at $22.99 on volume of almost 112 million shares. The shares have bounced a bit today and…
Since reporting 2nd quarter earnings 3 months ago, on Tuesday July 18, 2006 after the close, Yahoo’s stock (NASDAQ: YHOO) has been absolutely hammered. When it announced 2nd quarter results, it also announced that it will delay the release of…