With our SODA LEAPS now up 130% in the two months since we bought them, I’m getting giddy. Never a good sign. If you haven’t already sold half, why not do it now — and then just sit back and see where SODA goes in the next year and a half?
Meanwhile, there seems to have been no trading in Borealis shares over in Prague yesterday, but there it is, listed alphabetically right after a thing called BIGBOARD and before what appears to be some kind of bet on BRENT CRUDE OIL. Perhaps one reason an unusually heavy 10,688 shares of Borealis traded in the US yesterday was Czech market makers buying some to have in inventory, should European buyers come by wanting some. (But who knows?)
Yesterday I mentioned the three principal goals of the loyal opposition: lowering taxes on the rich; economic austerity; and opposing anything — even things they themselves first proposed — that the President supports.
I forgot the fourth: voter suppression. Making it as hard as possible for poor folks and students and minorities to vote.
Their justification for that one is “voter fraud” — surely if you need photo ID to borrow a library book you should need it to vote — but this is a solution in search of a problem. In a chapter of The Center Holds: Obama and His Enemies titled “The Voter-Suppression Project,” Jonathan Alter writes:
After five years of investigations and prosecutions, the Bush Justice Department acknowledged in 2007 that no evidence existed of a widespread problem with vote fraud. In a nation of more than 200 million citizens of voting age, fewer than fifty people were convicted of voting illegally, almost all of whom offered convincing explanations that they had done so unintentionally.
And don’t get me started on Chris Christy needlessly spending $12 million to hold New Jersey’s special election to fill the late Frank Lautenberg’s Senate seat three weeks before the regularly-scheduled November election, just so all those folks likely to turn out for Cory Booker (who is African American) will not likely turn out again three weeks later to vote against Chris Christie and his Republican state legislative colleagues. To a Republican, that’s $12 million in taxpayer funds well spent.
Quote of the Day
Your average Wall Streeter, faced with nothing profitable to do, does nothing for only a brief time. Then, suddenly and hysterically, he does something which turns out to be extremely unprofitable. He is not a lazy man.~Fred Schwed, Where Are the Customers' Yachts?
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The Case For A Conservative Boycott
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Long-Weekend Reading: The Compelling Nonpartisan Case For A Boycott
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