Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Yesterday’s Big News

March 10, 2009March 13, 2017

DOW 6,500

Joey: “The minute I read 3,500, I knew we’d reached the bottom (or at least close).”

☞ I had the same thought – and boy do I hope you’re right. We have a terrific Administration focused on putting Americans to work doing the work America needs done. That is the nub of it, and promises a stronger, more prosperous, energy-independent country a decade from now. Whatever happens in the market, if we’re smart about it, and work together, America’s best days do indeed lie ahead of us, as Warren Buffett notes time again.

THE REAL IMPACT OF WHAT HAPPENED YESTERDAY

Yesterday, Barack Obama reversed eight years of leaning against embryonic stem cell research.

This is huge.

I know you already know it, but it deserves mention anyway.

There is no guarantee, but a reasonable likelihood, that embryonic stem cell research will lead to spectacular advances in medicine.

If someone you love should ever need one of these advances, that need is likely to be desperate, and it will be a matter of more than theoretical importance whether it had been achieved in time. It could be the difference between life and death, paralysis and freedom, happiness and despair.

If he or she should miss the cure by a year or two – as thousands, if not millions, will – the policy of the last eight will be to blame. If they should make it by a year or two, yesterday’s action may be the reason why.

(It might also be noted, as we look for 21st Century industries in which America can generate profit and employment, that yesterday’s action unties a hand from behind our back.)

WORKING TIRELESSLY, LIKE A LASER BEAM

I have a modest proposal. Could we all just go back to working? And focusing?

Or, when appropriate, working “hard” or “well” or “joyously” or “creatively”? Focusing “intently”? (Though isn’t that what focusing is?)

Please, people.

STEVEN WRIGHT (thanks Peter)

“If any of you believe in telekinesis, raise my hand.”

AOL USERS!

Rex: “Go to aol.com, log in to your mail, click on ‘Settings’ at the top right, then on ‘Compose’ on the left. You will then see ‘Message Footer’ on the right and you can then turn off the stupid ads at the bottom of your e-mails.”

Post navigation

← 6,500
Four Minutes of Fun →

Quote of the Day

"Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce."

John Kenneth Galbraith, The Age of Uncertainty

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Unbelievably Bad -- Literally

    July 4, 2025
  • Repeal The Steal

    July 2, 2025
  • Our Record-High Stock Market

    June 30, 2025
  • Stuffing The Goose

    June 30, 2025
  • Yes! (Plus A Bonus)

    June 29, 2025
  • How Does THAT Make You Feel . . .

    June 27, 2025
  • Randi, David, Ken, and HYMC

    June 26, 2025
  • Six Links For Your Consideration

    June 25, 2025
  • Weekend Reading

    June 20, 2025
  • Oh, My

    June 18, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams