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Category Archives: MN Gordon
Best Laid Schemes
The grand plans of our local officials in Long Beach have been foiled by the coronavirus bug. After seven years of construction, at a cost of $1.5 billion, they can’t even hold a proper ribbon-cutting. Continue reading
Posted in Economy, MN Gordon
Tagged best laid schemes, bonnie lowenthal, gerald desmond bridge replacement, long beach, port, robert burns, to a mouse
13 Comments
This Stock Market Will Eat You
Captain George Pollard Jr. was hungry. Actually, he was starving. He’d been drifting aboard a small whaleboat with some of his crew in the South Pacific for over two months. The sun was ravaging. The thirst was unquenchable. The meagre food rations had taken their toll. Thus, Pollard did what he had to do to survive. He took a deep breath, said a prayer…then he devoured his 18-year-old cousin, Owen Coffin. Continue reading
Posted in MN Gordon, Stock Market
Tagged cannibalism, george pollard jr, herman melville, moby-dick, the essex, victor niederhoffer
12 Comments
Game Over Spending
Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace. Continue reading
Posted in Government Debt, MN Gordon
Tagged currency, debt, dollar, federal reserve, gold, treasury
21 Comments
Something Worth Striving For
The days are long and hot in the Northern Hemisphere when real American patriots spit upon their hands and hoist the stars and stripes. On July 4, the free and brave, with duty and self-sacrifice, begrudgingly accept federal holiday pay to stand tall upon their own two feet. Rugged individualism and uncompromising independence are essential to their character. Continue reading
Posted in Economy, MN Gordon
Tagged creative destruction, freedom, independence day, liberty, steve rocco, world industries
24 Comments