A little stock market commentary

The Dow Jones Industrial average hit an all-time high yesterday, and then gained 123 points (about 1%) today. The close today was 11,850.61. Nice of course… HOWEVER The DJIA is ony 30 stocks. The much broader S & P 500 closed at 1350.22 today. This is about 15 % below it’s all-time high of 1553.87. … Read more

Is rugby football too rough?

Here’s an article from The New Zealand Herald about a concern in the world-wide rugby community – the seriousness and high number of injuries among professional players. The players are bigger, faster, and stronger, with high velocity collisions in tackle and ball-winning situations (and only very light pads for the shoulders). It’s fantastic to watch, … Read more

Brigid’s Australian family wing pays us a visit

Brigid’s brother Neville, his wife Geri, and their daughter June just finished a lovely five day/four night visit with us. They’d flown in Thursday from England, where they were visiting other relatives, including Brigid’s two sisters and left Monday afternoon. They’ll have a couple of nights in LA and then fly to Brisbane, completing an … Read more

Good editorial in the Wall Street Journal on Republican congressional policy failures

The title of this editorial is The GOP Record: The Roots of Republican Failure in Congress. OpinionJournal – Featured Article Social Security reform was never going to be easy, and Mr. Bush’s war-driven decline in job approval meant he couldn’t move any Democrats. But that still doesn’t excuse such prominent Republicans as Tom Davis (Virginia) … Read more