Chyden Finance: profit from hypocrisy

The Hill reports that the US Senate Committee on Homeland Security and Governmental Affairs has approved a bill that grants the president of the USA a kill switch on the Internet. In Washington, DC, Orwellian doublespeak, this measure strengthens US residents’ access to information.
Watch out China, Iran, and North Korea, we gaining on you!
Meanwhile, the [...]

The Wall Street Journal reports that Rep. Maxine Waters (D, CA) is sponsoring legislation that would require “each federal financial agency, the Fed Board of Governors, and the 12 regional Fed banks” to create an Office of Minority and Women Inclusion as part of the financial reforms working their way through Congress.
The idea is to [...]

A recent conversation with an acquaintance elicited this response from me. I memorialize it here:
Worldwide regulation already is well underway.
National accounting standards are giving way to IFRS, national regulatory structures are converging through international treaties, national legal systems are increasingly a hybrid of common and civil law, Global English is the language of global [...]

“If a bridge collapses, you don’t focus your attention on the last truck that crossed it.”
Invest accordingly.
CWE

Most maddening of all in this debate over health-care reform in the USA is the tendency of the mainstream media to divide issues into two falsely dichotomous sound-bite extremes. We end up with a debate that is framed on a foundation of fallacies.
With regard to health insurance, we are told that ‘the’ choice is [...]

While reading Carmen M. Reinhart & Kenneth S. Rogoff’s dry-but-delightful This Time Is Different: Eight Centuries of Financial Folly, I came across a reference to David Hale’s “The Newfoundland Lesson” on page 83.
Newfoundland became the first self-governing dominion of the British Empire in 1855, and ceased to exist as a self-governing entity in 1934, after [...]

A couple days ago, I addressed some issues associated with trading liberty for safety. If the past decade has taught us nothing else, we have unequivocal evidence that moves toward a police state and a surveillance society, and away from rule of law, are bad for business.
For investors, this is less tragic than it [...]

Baron Rothschild, who provided funding to Cecil Rhodes to establish the De Beers diamond cartel, is quoted saying, “Buy when there is blood in the streets.” Warren Buffet, paraphrases this sentiment with somewhat more tepid political correctness, “Be fearful when others are greedy, and be greedy when others are fearful.”
Markets experience cycles. Pardon [...]

The Project on Government Oversight reported on 20 November 2009 that the US House of Representatives Financial Services Committee voted 43-26 on 19 November to remove restrictions preventing the US Government Accounting Office (GAO) from auditing the Federal Reserve.
The amendment was introduced by Reps. Ron “Dr. No” Paul (R-TX) and Alan Grayson (D-FL). Paul [...]