Posts Tagged ‘greatest Democratic senator in history’

Joyce Carol Oates on Teddy Kennedy

Joyce Carol Oates on Teddy Kennedy

Ted KennedyCourtesy of Christopher Fountain’s For What It’s Worth

The Norwichj Millionaire sends along this link. Oates is kinder to the man than I would be, or at least she leaves open a question that I would answer in a manner different from the man’s present mourners.

At Chappaquiddick, having been drinking and partying with young women aides of his brother Robert Kennedy, Senator Kennedy, at this time a married man and a father, slipped away with 28-year-old Mary Jo Kopechne, who was trapped in his car after he took a wrong turn off the Chappaquiddick bridge, lost control of his car which was submerged in just eight feet of water.

Kennedy chose to flee the scene , leaving the young woman to die an agonising death not of drowning but of suffocation over a period of hours. Incredibly, it was 10 hours before Kennedy reported the accident, by which time he’d consulted a family lawyer. The senator’s explanation for this unconscionable, despicable, unmanly and inexplicable behaviour was never convincing: he claimed that he’d struck his head and was “confused” and “exhausted” from diving and trying to rescue the young woman and had gone home to bed.

There followed a media circus, as all of the world rushed to Chappaquiddick to expose Kennedy’s behaviour and to speculate on his future. Yet, appealing to his lawyer and not rather seeking emergency help for the trapped Mary Jo Kopechne would seem, in retrospect, to have been a felicitous move.

If Kennedy had summoned aid, he would very likely have given police officers self-incriminating evidence, which might have involved charges of vehicular manslaughter or homicide. The local prosecutor was not nearly so outraged by Kennedy’s behaviour as other prosecutors might have been: the charges were “failing to report an accident” and “leaving the scene of an accident.” The punishment: two months’ probation.

That the Kennedys had always been a family operating outside the perimeters of the sort of legal restrictions that bind other citizens to “moral” behaviour publicly, is well known; no occasion so exemplifies this than Chappaquiddick and the subsequent cooperative silence of the Kopechne family who agreed never to speak of the tragedy.

One is led to think of Tom and Daisy Buchanan of Fitzgerald’s the Great Gatsby, rich individuals accustomed to behaving carelessly and allowing others to


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Phil's Favorites

Trump Vaccine Czar Still Stands to Profit

 

Trump Vaccine Czar Still Stands to Profit

Courtesy of Amee Vanderpool, SHERO 

The Trump administration has announced an ambitious plan to develop and produce millions of doses of a new COVID-19 vaccine by the end of 2020, a lofty and risky process that stands to shift conventional wisdom about the vaccine process and seems to have yielded substantial stock profits for the pharmaceutical executive Trump has appointed to lead the initiative.

On May 15, in a press conference in the White House Rose Garden, Trump and his deputies rolled out an initiative to speed up access to a vaccine for the novel coronavirus while calling it, “Operation Warp Speed.” At the time, Trump admitted the project was “risky and expe...



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Biotech/COVID-19

Trump Vaccine Czar Still Stands to Profit

 

Trump Vaccine Czar Still Stands to Profit

Courtesy of Amee Vanderpool, SHERO 

The Trump administration has announced an ambitious plan to develop and produce millions of doses of a new COVID-19 vaccine by the end of 2020, a lofty and risky process that stands to shift conventional wisdom about the vaccine process and seems to have yielded substantial stock profits for the pharmaceutical executive Trump has appointed to lead the initiative.

On May 15, in a press conference in the White House Rose Garden, Trump and his deputies rolled out an initiative to speed up access to a vaccine for the novel coronavirus while calling it, “Operation Warp Speed.” At the time, Trump admitted the project was “risky and expe...



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ValueWalk

New home sales smashed expectations during economic crisis

By Gorilla Trades. Originally published at ValueWalk.

The major indices are all sporting considerable gains at midday, with the S&P 500, the Dow, and the Nasdaq all hitting new multi-month highs in early trading. The continued COVID-related optimism remains the main catalyst behind the rally in stocks and global risk assets and investors shrugged off the diplomatic standoff between the U.S. and China despite the protests in Hong Kong over the weekend. On another note, small-caps have been leading the way higher this morning, together with the key cyclical sectors and that bodes well for the rest of the week, especially as the main overseas indices have also been pushing higher this week.

[reit]

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Zero Hedge

"This Ship Is Sinking" - The Economy Is Holed Below The Waterline

Courtesy of ZeroHedge View original post here.

Authored by Bill Blain via MorningPorridge.com,

“Until then men felt they had found the answer to a steady, orderly, civilized life. For 100 years the Western world had been at peace. For 100 years technology had steadily improved. For 100 years the benefits of peace and industry seemed to be filtering satisfactorily through society. Life was all right. The Titanic woke them up.”

...



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Kimble Charting Solutions

King Dollar Could Double Topping; Commodities Would Benefit If It Does!

Courtesy of Chris Kimble

The U.S. Dollar has been a pillar of strength for the past 12-years, at it created higher lows starting in 2008, near the 70 level. Since these lows, it has rallied nearly 50%.

The 102 level was resistance for nearly 13-years (1987 to 2000) until an upside breakout took place.

The rally over the past 12-years took it up to test the 61% retracement level of its 2001 highs and 2008 lows and the 102 level again at (1), where it created back to back monthly bearish reversal patterns in 2017.

The rally over the past 2-years has King$ testing its 61% retracement...



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The Technical Traders

Chuck Jaffe Talks Technical Analysis on Money Life - Indexes & Metals

Courtesy of Technical Traders

Chuck Jaffe, the host of Money Life, is a veteran financial journalist and nationally syndicated financial columnist whose work appears in newspapers from coast to coast. Today he talks with Chris Vermeulen.

Chuck has been named to MutualFundWire’s list of the 40 Most Influential People in Fund Distribution and was the first journalist to make the list. Over the course of his career, he has won numerous awards for business and personal finance journalism.

...

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Lee's Free Thinking

US Southern States COVID19 Cases - Let's Give Credit Where Due

 

US Southern States COVID19 Cases – Let’s Give Credit Where Due

Courtesy of  

The number of new COVID 19 cases has been falling in the Northeast, but the South is not having the same experience. The number of new cases per day in each Southern state has been rangebound for the past month.

And that’s assuming that the numbers haven’t been manipulated. We know that in Georgia’s case at least, they have been. And there are suspicions about Florida as well, as the State now engages in a smear campaign against the fired employee who built its much praised COVID19 database and dashboar...



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Chart School

Is this your local response to COVID 19

Courtesy of Read the Ticker

This is off topic, but a bit of fun!


This is the standard reaction from the control freaks.








This is the song for post lock down!







What should be made mandatory? Vaccines, hell NO! This should be mandatory: Every one taking their tops off in the sun, they do in Africa!

Guess which family gets more Vitamin D and eats less sugary carbs, TV Show



...



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Digital Currencies

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

 

Blockchains can trace foods from farm to plate, but the industry is still behind the curve

App-etising? LDprod

Courtesy of Michael Rogerson, University of Bath and Glenn Parry, University of Surrey

Food supply chains were vulnerable long before the coronavirus pandemic. Recent scandals have ranged from modern slavery ...



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Members' Corner

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

 

Coronavirus, 'Plandemic' and the seven traits of conspiratorial thinking

No matter the details of the plot, conspiracy theories follow common patterns of thought. Ranta Images/iStock/Getty Images Plus

Courtesy of John Cook, George Mason University; Sander van der Linden, University of Cambridge; Stephan Lewandowsky...



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Insider Scoop

Economic Data Scheduled For Friday

Courtesy of Benzinga

  • Data on nonfarm payrolls and unemployment rate for March will be released at 8:30 a.m. ET.
  • US Services Purchasing Managers' Index for March is scheduled for release at 9:45 a.m. ET.
  • The ISM's non-manufacturing index for March will be released at 10:00 a.m. ET.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
...

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Promotions

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Feb. 26, 1pm EST

Click HERE to join the PSW weekly webinar at 1 pm EST.

Phil will discuss positions, COVID-19, market volatility -- the selloff -- and more! 

This week, we also have a special presentation from Mike Anton of TradeExchange.com. It's a new service that we're excited to be a part of! 

Mike will show off the TradeExchange's new platform which you can try for free.  

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Mapping The Market

How IPOs Are Priced

Via Jean Luc 

Funny but probably true:

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