We are disappointed. We had hoped for a Romney victory. Our case was simple. Romney understood America’s largest, most intractable problem and he was committed to solve it. We don’t believe President Obama understands or cares. The problem is America’s massive debt burden, now higher than America’s GDP. It needs to be cut before it…
Editor’s Note: In this series of articles, we include important or interesting videoclips with our comments. This is an article that expresses our personal opinions about comments made on Television and in Print. It is NOT intended to provide any investment advice of any type whatsoever. No one should base any investing decisions or conclusions…
A veteran journalist asked me this week whether the stock market was signalling an outcome in Tuesday’s election. In my view, the stock market is more focused on the future of Chairman Bernanke than the difference between President Obama and Governor Romney. After all, this rally in the market is almost entirely due to Bernanke’s…
Robert Kaplan is one of the most respected geostrategy analysts in today’s America. We confess we have learned more from him than from just about any non-financial author. In our opinion, Stratfor hit a home run by hiring him. A couple of months ago, Kaplan wrote the single best article about India. The most intelligent…
In the 3rd Presidential debate, both President Obama and Governor Romney spoke of Afghanistan in a futuristic past tense. They promised that America will leave Afghanistan in 2014. No one should be surprised. Literally every one in America is fed up with that conflict. And no one believes there is any real value in that…
The New York Times is a great newspaper, probably the best newspaper in the world. It publishes superb, well researched articles about major issues. That doesn’t mean it is perfect. For example, we have compared the NYT with France. Like France, we wrote, the NYT has made significant contributions to intellectual thought and it practices…
Charles Maurice de Talleyrand-Perigord, the Prince of European diplomats, was famous for saying “speech was given to us to to conceal our thoughts“. Words can sound wonderful, they can promise so much, they can obfuscate and deceive. This is why a picture is judged better than a thousand words. In geostrategy, maps take the place…
Editor’s Note: In this series of articles, we include important or interesting videoclips with our comments. This is an article that expresses our personal opinions about comments made on Television and in Print. It is NOT intended to provide any investment advice of any type whatsoever. No one should base any investing decisions or conclusions…
Think about it. We all recognize that people with legacies get an unfair advantage in life. Successful societies recognize this, successful institutions recognize this. That’s why programs that create diversity, that encourage people without legacies are the norm today. Well, I think such programs are too narrow in their scope. That is because the programs…
Sometimes you just need to watch and listen. This Presidential election turned when Mitt Romney showed who he is in the first Presidential debate. All summer, the Obama campaign had painted a caricature of Romney. That was revealed as propaganda in the first debate. The pandits are now comparing this election with the Carter-Reagan…