Tuesday, February 14, 2006

Next week's Washington Times advert


A NEW FEATURE--Der Kibitzer" (Kibbitz--Yiddish word for an unsolicited advice.)

NEW YORK TIMES- February 14, 2006 U.S. Has Royalty Plan to Give Windfall to Oil Companies By EDMUND L. ANDREWS

The government is on the verge of one of the biggest oil and gas giveaways in U.S. history, some $7 billion over five years.

Der Kibbitzer says in dollars adjusted for the rise in housing prices from 1955 to now, gas has never been cheaper. Denominated in "Housing Dollars" the shares are so so performers. Since I'm a debt free old guy with the children grown and gone, hold big oil shares just for the dividends. No savvy younger investor in his right mind starting a family and saving for retirement should touch them.

What we have today is Peronism American style!

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