Health Care Reform
The House has passed the health care reform bill. I’m not sure what will happen next, as I find the whole drama a tad annoying. I was behind health care reform way back in the Clinton presidency, and I can’t really understand why anybody except the health care industry would oppose it, and I really fail to see why there has been this animated debate about something that, to me, is just really frakkin obvious. Anyway I presume the bill will now go to Obama to be signed into law.
Tristan is OK now after his hospital visit. There’s not a lot going on in Cheetopia, because we’re not spending money, which means we’re not doing anything. Like any huge metropolis, it costs money to have an interesting life.
The stock market futures are up a bit after the health care bill passed, which surprises me, but anything is possible these days. I can’t prognosticate beyond what I said previously, and anybody who tells you what’s going on is either guessing or a fool. Indeed the only smart thing right now is to sit on your cash. There are, unfortunately, people such as myself who need to make money. We are in a difficult position, because it is impossible to gauge the market beyond a very short window, say 30 days at a stretch. Most of my energy these days is spent trying to identify equities that are behaving predictably. There aren’t many. Walgreens is on. The Potash Company was until I bought it, then it joined the general mania of the rest of the market. Yes, Teggatz Enterprises is invested in Potash fertilizer, believe it or not.
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