Oil and the macro economy. How far away is another slow down?

Golf and life are funny...and you funny too.

Lee Trevino....True story as told by him.

One day, shortly after joining the PGA tour in 1965, Lee Trevino, a professional golfer and married man, was at his home in Dallas , Texas mowing his front lawn, as he always did. A lady driving by in a big, shiny Cadillac stopped in front of his house, lowered the window and asked, "Excuse me, do you speak English ?" Lee responded, "Yes M'aam, I do" The lady then asked, "What do you charge to do yard work ?" Lee said, "Well, the lady in this house lets me sleep with her". The lady hurriedly put the car into gear and sped off.

Underwater dogs.

http://www.ritholtz.com/blog/2012/02/underwater-dogs/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

John Taylor and his common sense machine. Credibility is on the line.

http://online.wsj.com/article/SB10001424052970204909104577236852645109964.html?mod=WSJ_Opinion_LEADTop

How many Chinese workers does it take to produce what one Americna worker produces? Answer: 9-10.

http://mjperry.blogspot.com/2011/12/un-data-china-is-now-worlds-no-1.html?utm_source=twitterfeed&utm_medium=twitter

This is just plain stupid...and I'm not happy.

http://online.wsj.com/article/SB10001424052970204880404577225493025537660.html?mod=WSJ_Opinion_LEADTop

You know when I bring out my "jack ass" photo I am disgusted. Well, I am disgusted. Raising the dividend tax rate to an effective rate of 64.1% is whacky. But here we go. Don't blame China or India or anybody else for the destruction of American jobs. The president is doing a fine job all by himself. He does not give a tinker's damn about economic growth or job creation. He only wants to create his idea of a utopian society where everyone is equal and those who have skills and education and therefore employment take care of the rest of society. We are just about there. He only needs to figure out how to raise tax revenues as a percentage of GDP up to 25%. I think you are seeing his answer. Start liking it because he is going to get re-elected in November. Then America will get everything it deserves for that vile act. "From each according to their abilities to each according to their needs". This could not possibly be a more apt description of policy today. No, it is not in the Constitution. Rather it is the main thesis of The Communist Manifesto.

Have a great day comrades.

Seems to be getting nasty "over there".

http://mobile.nytimes.com/2012/02/17/business/global/the-rest-of-europe-vs-germany.xml

Very bad.

http://johnhcochrane.blogspot.com/2012/02/fed-independence-2025.html

Caught in the frozen years.

I am not really happy with golf lately. Thinking of trying the following.