Trying to prove that a fool never learns, I am back in Orbital and for the first time in my undependable memory I am up (+12%) on an Orbital investment.
My shares were taken away from me after I held Orbital stock since March of 1993.
It happened just at the time when future prospects of the company were starting to
look very encouraging. Some companies try to do things to benefit their shareholders.
With Orbital it appears to be more like robbery.
I took a $7,000 loss on my Istar stock about four years ago and after thirty days bought back mostly preferred and some common. I'm up $124,000 on the buy-back right now. Overall I'm very happy with the company.
Yes, W. Bush went to a US Carrier and staged his "victory" statement wearing an aviator flight jacket. Who could forget that?
I've briefly talked to President Carter a couple of times. He had some bad luck while in office, but I've been impressed with what he has done as an ex-president.
Gumby, Reagan was a not-very-smart movie actor. He said that the Government would collect more taxes if it lowered the tax rate, and Congress went along with him. (It might be political suicide to oppose tax cuts proposed by the President)
If you didn't know his idea was stupid when he said it, you should know by now.
The National Debt was almost a trillion dollars when President Reagan took office, and it was almost three trillion dollars when he left office. He engaged the USSR in an arms race that bankrupted the Russians and caused the downfall of the USSR. Combined with the Reagan tax cuts, that saddled our descendants with a huge debt burden that got worse with the Bush deficit. The interest has made a balanced budget very difficult if not impossible. When Reagan took office he was saying the National Debt equaled a stack of thousand dollar bills 67-miles high. Reagan added 128 additional miles to that stack. Tell me more about what a great President he was.
I used to marvel that every time he held a news conference his PR people would spend the rest of the day telling us what Reagan really meant to say.
Another point on the Obama/Reagan comparison........as I recall, President Reagan doubled the National Debt with his tax cuts for the rich. And even with that stimulus he underperformed President Obama.
Norris, I'll give you another chance. Could you be more specific about exactly how bad things are, as you are so fond of claiming? I read that during the last nine months of the Obama Administration the Nation has created more than 200,000 jobs each month. I didn't check that statistic for accuracy, but maybe you have. Maybe the August figure was revised to make that true. And I read that President Obama has outperformed President Reagan on job creation and unemployment during the first six years of their Presidencies.
Tell us again that Obama has screwed up the economy, with some details so that we will have some respect for your repeated claims.
Norris, I regret reading that your economy has been overwhelmed by dysfunction. I have been making money hand over fist during the Obama Administration and I am perplexed by your failure to take advantage of the great opportunities that others are enjoying. Could you be more specific about exactly how bad things are? Maybe that happy part of your handle is a misnomer.
They just wanted to go to Canada, so they wouldn't have to go back to Afghanistan.....you can't blame them for that logical plan. But, they didn't quite make it across the border. They should have gone to a rural area and walked across. Seems to me that "no threat" was correct.