__________________________________ Silver looks to be giving us another opportunity here. The miners are not taking too much of a hit here, so you may want to give the stronger stories more of a look, or you may want to take advantage of the actual pullback in fizzical silver itself by jumping on SLV right now in the form of long term options, the farther the better. Let’s say January 2014 or 2015′s LEAPs which have pulled back nicely here for my benefit and yours. Accumulate slowly here, because eventually you will wish you had been quicker.
Things are going well, and I appreciate my market meandering here a bit.
Sometimes watching the Pelosi controlled Congress is like watching a late season filler on“The CW.“ You know the sort– base, corn comedy, most of it recycled from better stuff in the past, but mildly entertaining as filler for the beer and cheeze doodle half hour. Unfortunately, this is real life, and the stuff Congress is producing these days isn’t mindless entertainment for the subliterate masses, but toxic fiats that will kill off whatever fluttering hopes our economy might still retain after this recent hideous downturn.
Case in point, this latest howler from FLORIDA Democrat Representative Alan Grayson (word to my boys Chivas, TC and Cash n’ Guns, whatsupwitdat?). Congressman Grayson claims that what we need to “stimulate the economy” again, this timewith mandatory paid vacations. Read the whole article here.
Yeah, in this economy I could see strapped businesses being all for paying their employees to hit the beach, Rep. Grayson. I can just hear the small business owner now:
“Mandatory vacation? Hmmmm… let me think a second. I tell ya what… why don’t you just take the rest of the year off?”
You just earned my Asshat of the Month, Congressman.
Congressman: We’re going to Disney By: Erika Lovley May 21, 2009 04:28 AM EST
Rep. Alan Grayson was standing in the middle of Disney World when it hit him: What Americans really need is a week of paid vacation.So on Thursday, the Florida Democrat will introduce the Paid Vacation Act — legislation that would be the first to make paid vacation time a requirement under federal law.The bill would require companies with more than 100 employees to offer a week of paid vacation for both full-time and part-time employees after they’ve put in a year on the job. Three years after the effective date of the law, those same companies would be required to provide two weeks of paid vacation, and companies with 50 or more employees would have to provide one week.The idea: More vacation will stimulate the economy through fewer sick days, better productivity and happier employees.“There’s a reason why Disney World is the happiest place on Earth: The people who go there are on vacation,” said Grayson, a freshman who counts Orlando as part of his home district. “Honestly, as much as I appreciate this job and as much as I enjoy it, the best days of my life are and always have been the days I’m on vacation.”According to the Center for Economic and Policy Research, 28 million Americans — or about a quarter of the work force — don’t get any paid vacation. The center says that a lack of vacation causes stress and workplace burnout and that those evil twins cost the economy more than $300 billion each year.
One more if-you’re-reading-this-then-you’re-probably-not-on-vacation fact: The United States is dead last among 21 industrial countries when it comes to mandatory R&R.
France currently requires employers to provide 30 days of paid leave.
Maybe next we can have full country truck strikes like they have in France, too, huh Congressman? Asshat!