I received some questions last week on my recent solar pieces as to whether I minded paying more money for ?green? power. My answer is ?hell no,? and I?ll tell you why. My annual electric bill comes to $1,500 a year. Since the California power authorities have set a goal of 33% alternative energy sources
We have been pretending that we?re too big to fail. We?re not too big to fail, You can jump off of a 90 story building and feel fine for the first 89 stories. It?s the sudden stop at the end that tells you you?re not.? said Tom Friedman, New York Times columnist and author of
I normally avoid the diplomatic circuit, as the few non committal comments and soggy appetizers I get aren?t worth the investment of time. But I jumped at the chance to celebrate the 61st anniversary of the founding of the People?s Republic of China with San Francisco consul general Gao Zhansheng. Happy Birthday China! When
?To get rich is glorious!? said Deng Xiaoping, the Chinese general who launched the country?s modern economy in the seventies.
This is the last chance to? join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Tuesday, December 27, 2011. A three course lunch will be followed by a PowerPoint presentation and an extended question-and-answer period. I?ll be giving you my up-to-date view on
When I was growing up in Los Angles during the fifties, the most exciting day of the year was when my dad took me to buy a Christmas tree. With its semi desert climate, Southern California offered pine trees that were scraggly at best. So the Southern Pacific Railroad made a big deal out of
?This isn?t a choice between vanilla and chocolate folks, it?s all rocky road: a few marshmallows to get you excited before the elections, but with a lot of nuts to ruin the aftermath,? said the ever insightful, Bill Gross, at PIMCO.
?Wow! So Goldman Sachs thinks this Tablet is going to sell. I have the perfect Tablet. It is made out of steel and is powered by coal,? said Zachary Karabell, President of River Twice Research
To the dozens of subscribers in Iraq, Afghanistan, and the surrounding ships at sea, thank you for your service! I think it is very wise to use your free time to read my letter and learn about financial markets in preparation for an entry into the financial services when you cash out. Nobody is going
?Unless developed economies learn to compete the old fashioned way ? by making more goods and making them better, the smart money will continue to move offshore to Asia, Brazil, and other developing economies both in the asset and the currency space. The United States, in short, needs to make things, and not paper,? said