Cole's Notes - The Sunday Journalist

I often read Ben Stein’s Diary on the American Spectator   – and they are great little pieces of nostalgia and celebration of the small things in life that should be enjoyed.  Ben is at that time of life were he has the ability to sit back and “smell the roses” as he gives thanks for each day.  A great way to live.  What I enjoyed about a recent column wasn’t the column itself, but rather the postscript.  From Far Away From the Panic . A LITTLE POSTSCRIPT. I notice that the papers and the Internet talk about the big losses on the stock markets yesterday as being based on "...waves of investor panic..." Nonsense. The selling is done by billionaire traders and immense hedge funds and high frequency traders who seek to make money by selling, then tricking others into selling even more, then covering their shorts at lower prices. This is not Ma and Pa Kettle calling their broker and selling their 1000 shares of AT&T. It is cynical, calculated m...

Aristophanes once wrote, roughly translated; "Youth ages, immaturity is outgrown, ignorance can be educated, and drunkenness sobered, but STUPID lasts forever."

Aristophanes once wrote, roughly translated; "Youth ages, immaturity is outgrown, ignorance can be educated, and drunkenness sobered, but STUPID lasts forever."

Rush Limbaugh On the S&P downgrade World War II, we had a AAA credit rating, and we lose it now, and for what? For what great purpose did we lose it? Except an ideological hatred of American capitalism and a love of class warfare, what did we lose our AAA rating for? A naked effort to get still more and more money to buy votes. A never-ending quest for power, that's why we lost our AAA credit rating. Get it all Here