On the one hand it would be nice to see Trump tell California go ask Mexico for aid since Trump is NOT their President. The California debt and unfunded liabilities exceeded $400 billion last year without a prayer of reducing this crisis. The California pension liabilities are way undervalued for they are based upon […]
QUESTION: You said Trump should concede that his immigration order does not apply to people already with green cards and visas. Your position seems to be practical. Was the order properly written and interpreted? Thanks PY ANSWER: The order was not written by anyone who understands Constitutional Law in my “opinion” for it should have […]
Another strong opening session for the week in Asia with equity markets improving from where they left-off on Friday. The news over the weekend that North Korea had tested weapons failed to scare markets as much as it did the media. Japan’s GDP was a touch under expectation but the Nikkei was pulled along with […]
Friday’s closing at 20,298.21 in the Dow was still bullish and the main resistance stands for this week at 20505. Exceeding that level and a close above it on Friday would point to an extension into next week. The top of the channel in the 20,700 area. Exceeding that level will warn that we could […]
The constant protests by the Entertainment industry against Trump will not subside. There is only one way this is going to end and that is blood in the streets. The riots will only escalate and the left ALWAYS becomes violent. They would not even allow the education secretary to enter a school. The Grammy show […]
COMMENT: Your stance on the global climate is absolutely correct. Global temperatures remain in a serious downtrend since the Minoan peak. As the Greenland ice cores show, today’s climate is COLDER than 90% of the past 10,000 years! The warming zealots are screaming about CO2, which has risen sharply in the last 150 years (well above […]
QUESTION: Martin, I have a question that is well outside your usual realm of discourse, so please bear with me as I explain. I have just returned from visiting my friend, who is a senior cetacean biologist at one of the large west coast universities. While there, he described an amazing situation to me that […]
http://pqasb.pqarchiver.com/ Back in 1971, the theory that burning fossil fuels would create an ice age, not global warming. The Washington Post reported on July 9, 1971, that Dr. S. I. Rasool of NASA and Columbia University said that the fine dust from fossil fuel use would block out so much sunlight that the Earth’s “average temperature […]
Greek Prime Minister Alexis is finally getting some backbone thanks to BREXIT. He has now warned the IMF and the German Federal Minister of Finance Wolfgang Schäuble and Merkel along with the Troika, that they should no longer “play with the fire” in the Greek debt crisis. The Troika’s demands have been an all or nothing approach […]
President of the European Union Jean-Claude Juncker has announced his departure saying he fears the breakup of the EU and says there is just too much defeatism in Europe. The EU has refused to listen and its fixed goal on a federalized Europe has been unwilling to yield. They have made it an all or now choice, […]
