Flip Its

As I asked repeatedly on Happy Hour last night -- if the politicians really want to provide some relief for the little guy at the gas pump, then why not permanently eliminate the tax at the gas pump. See how that works? 2 + 2 = 4. But nooo, the Republicans and Democrats in power have all these tricks they play to screw over you at home and make sure they line the pockets of the big guys. ... read more

I wear my sunglasses at night so I can so I can Watch you weave then breath your story lines. And I wear my sunglasses at night -- Corey Heart Did I really just quote Corey Heart to start off a blog post? A stretch to connect the lyrics at that... With the 5% hit to the stock today, Altria's now yielding almost 6%. The stock, that is. I mean, I gotta ask you something -- all these ... read more

With all the pessimism and fear in the midst of all this artificial stimulation, this market has been a pretty good set up for the long side and being bullish. After leaving the business entirely myself and having my Mom take 30% of her savings out of the stock market back on air late last year, I got bullish in March after the markets had dropped 20% and had my mom put 1/3 of that money back into ... read more

Even though it's not a game and the repercussions of it aren't fun, let's start a new game on Happy Hour and here on The Cody Word called "The Food Shortage Blame Game". (Is Chuck Woolery avail?) I've been doing a lot of thinking about all this "Going green" by buying "Green guitars", or "Green luxury bags" and we've all been hearing/seeing all the hype and outsized consensus about how ... read more

On Happy Hour for weeks, we've been all over the rice hoarding and food riots. News that Sam's Wholesale is limiting sales of rice is either a perfect top indicator in a mis-perceived "shortage" of food that's actually just a figment of all you momentum traders and commodity bulls (most of whom are just mindless speculators chasing the latest trend on Wall Street). Or this really is the start ... read more

And then there's the pro sports subsidy scams. Yeah, let's not overlook another direct redistribution of wealth from the poor to the rich in the form of tax-games, subsidizations and what not. We take billions of tax-dollars to subsidize the building of stadiums and other professional sports welfare programs. What a crock. You realize today that the Seattle Seahawks, that bedrock of the ... read more

I sure didn't win any popularity contests today when I went and shot my mouth off calling a top in oil today, did I? People LOVE their peak oil theses! We pretty much got a consensus of disagreement with me about there being any chance of a top in oil ever in our lifetimes. Think about that. I'm not even exaggerating that the consensus seems to think that. "EVER". At some point, this ... read more

It was quite a rush being treated so nicely with an entourage and outpouring of support as soon as I'd landed in Albuquerque last Thursday.  I spoke in front of students during a lunch break in the Anderson School of Management and then even jumped headfirst and gave my "Flip It' lessons from whatever the students in a micro-economics and a commercial banking class were currently working on.  (I ... read more

People tell us that we play too loud But they don’t know what our music’s about We never listen to the record company man They try to change us and ruin our band. That’s why we don’t wanna be good That’s why we don’t wanna be good We’re prisoners of rock and roll. When were jammin’ in our old garage The girls come over and it sure gets hot We don’t wanna be watered ... read more

People tell us that we play too loud But they don't know what our music's about We never listen to the record company man They try to change us and ruin our band. That's why we don't wanna be good That's why we don't wanna be good We're prisoners of rock and roll. When were jammin' in our old garage The girls come over and it sure gets hot We don't wanna be watered down Takin' orders from ... read more