Greenspan

It was in 1998 (I believe) that Allan Greenspan mentioned the term "irrational exuberance". I totally agreed with him. What I didn't agree was that he said it publicly. I don't think that the governor of the Fed, or any president of Central Banks, shall go public and specially say anything that can influence the market. From that day on I have been a anti-Greenspan. I have been only one of a very few as Greenspan was put on a pedestal above any mortal. Later on I criticized Greenspan for holding interest rates too low for too long... specially just before the last presidential election, helping pres. Bush to be re-elected. Today it has been more common to read criticism to Greenspan while he was the governor of the Fed. Too bad that people look mostly at their own interests than at policies that sooner or later will affect us all. Greenspan is now retired, making millions with his books and speeches. I watched him the other day on TV... sorry folks, I can't stand him.

Condolleza Rice

Condi Rice was in the "war team" as special adviser to Pres. Bush. The she sided with Collin Powel and collided with Rumsfeld. She became Secretary of State in the 2nd. Bush term. Condi Rice became a major force in the US government is straighten things out in the world. Iran slowed down their nuclear program and specially talking about it, an agreement with North Korea has been set forth and the world seems to be quiet down lately. I do believe that Condi Rice has been behind the scenes working quietly in putting order in the convoluted world created by the invasion of Iraq. Condi Rice for president?!?!?

Pres. Bush and Israel

Many of my friends that took the unfortunate decision to vote for Pres. Bush and had as one of the reasons that he was the best friend of Israel may be wondering. In January 2008 Pres. Bush will go to Israel to try to convince the Israelis to give up the East side of Jerusalem to the Palestinians, so that the Palestinians can have their capital there ... regardless of the political decision in going on that path, is Bush a real friend of Israel? Or were people eluded by his bellicosity's in name of defending Israel? I told you so ...

Absentee and 2008.

For almost 1 year I didn't write anything though so often I though on doing it. I don't even remember the topics. Today, December 24,2007 I decided not to go to the office. I've worked a lot this year, had great successes and some disappointments. What's new? But the balance was positive. And I spent a lot of time in the manganese mine in Brazil. Though I got testimony's about the existence of manganese ore at that place from geologists and mining engineers I am still troubled about the end result. Ricky, my son, and Pat are doing a great job in supervising the project and making sure that my money is properly allocated. I am very happy that they are so involved.In about 2 weeks the verdict will be out. I hope that all documents are in order and that no new surprise will surface.
A new year is coming up. 2008 will be a great year in trading and if it will be also a great year for the manganese ore mine, it will be a fenomenal year.