Imaginery Friends

If you thought the responses on our politicians to serious problems was somewhat of a joke consider the case of Texas Governor Rick Perry. Texas is in the grip of a severe drought much like parts of Australia had been. His response is to call for a national three days of praying for rain. TO…

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How Depressingly True…..

To the shock of most sentient beings, Facts died Wednesday, April 18, after a long battle for relevancy with the 24-hour news cycle, blogs and the Internet. Though few expected Facts to pull out of its years-long downward spiral, the official cause of death was from injuries suffered last week when Florida Republican Rep. Allen West…

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Explainations

I always find it intriguing that fund managers have to go to such lengths to justify their stance on issues – the interesting point is most of it seems like after the fact rationalisation. This is an example of such long winded thinking, unfortunately it also contains that the use of rational economic thinking to…

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