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Mark D. Wolfinger of Options for Rookies fame has launched an e-book publishing venture. The Option Trader’s Mindset: Think Like a Winner (150 pages and available for under $10 through Amazon) is the first of a planned series of books for option traders.
Self-publishing is always fraught with danger: never underestimate the value of a good editor and proofreader. The copyright page, for instance, has the usual caveat but with an unfortunate twist: “No part of this book may not be reproduced….” (my italics) A good editor would undoubtedly have restructured this book to minimize repetition and to expand on some of the telegraphic points, but then it would probably have cost upwards of $30 or $40. And the reader would not have learned all that much more, perhaps even less.
The main theme of the book is how to develop a way of thinking that benefits a trader’s career. Basically, it comes down to putting risk management and money management center stage and overcoming the psychological baggage that impels people to focus exclusively on potential profits (preferably quick and outsized). Yes, yes, I know you’ve heard this before. But I’d wager to say that most traders, with the exception of the nervous Nellies who find it difficult even to pull the trigger and for whom risk is something to be avoided at all costs, still haven’t absorbed the lesson.
Wolfinger takes the trader through a range of risk management techniques with specific examples, from adjustments to pulling the plug. He draws on his time as an active blogger to address questions from his readers, many of whom found themselves in losing positions and sought ways to turn the tide. His advice is almost always eminently sound. For example, one reader was desperately trying to repair a losing position. Wolfinger wisely answered: “When you make money, the dollars spend the same, regardless of which stock produces those profits. Do not feel compelled to earn money from XXXX.” (p. 62) Indeed, sometimes adjustments are just throwing good money after bad; better to move on.
This book is not meant as a guide to options strategies, but there are some useful tips about how to match strategies to market conditions. Iron condor traders are particularly well served.
Wolfinger recognizes that the path to profits is personal. He offers guideposts but consistently stresses that one size doesn’t fit all. “The winning mindset is to find a way of trading that is both comfortable and profitable.” (p. 127)
Although this book is editorially rough-edged, it conveys a lot of valuable information, particularly for the newer (or the not consistently profitable) options trader.
19 Şubat 2013 Salı
Morales and Kacher, In the Trading Cockpit with the O’Neil Disciples
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In 2010 Gil Morales and Chris Kacher wrote the popular Trade Like an O’Neil Disciple: How We Made 18,000% in the Stock Market. Kacher made 18,000% between 1996 and 2002, although he was in cash for most of 2000-2002; Morales, almost 11,000% from 1998 through 2005. Once the bull run and the subsequent selloff were over and base breakouts were no longer effective entry points, the authors developed new techniques for dealing with the choppy markets of 2004-2005. I described one of their trade setups, the pocket pivot, in my post about the book.
Their new work, In the Trading Cockpit with the O’Neil Disciples: Strategies That Made Us 18,000% in the Stock Market (Wiley, 2013), expands on the strategies outlined in their earlier book and on their website, VirtueofSelfishInvesting.com. It is in large measure a workbook. Almost half of the book is devoted to pocket pivot and buyable gap-up exercises, with a full-page daily chart recto and the answer on the following verso (its flip side). For the 40 pocket pivot exercises the reader is asked to identify the pocket pivots and add any comments or qualifications. In the buyable gap-up chapter the reader is supposed to decide whether she would buy the gap-up move shown on the chart and why or why not.
The authors also offer a 75-page trading simulation, “step-by-step, day-by-day through the relevant price/volume action in two leading stocks from recent bull market cycles”—FSLR and APKT. “In this manner,” they claim, the reader “can gain a practical understanding of just how decision making occurs in real time according to the rules and techniques embraced by our particular brand of the OWL (O’Neil-Wyckoff-Livermore) investing and trading methodology.” (p. 265)
Despite the hype in the subtitles of both books, and despite the fact that most of the touted gains were made before the authors developed their own strategies, OWL traders will find a lot to like. They will even learn more than entry signals in a bull market. The last chapter on FAQs addresses such issues as when to sell and how to short stocks.
Their new work, In the Trading Cockpit with the O’Neil Disciples: Strategies That Made Us 18,000% in the Stock Market (Wiley, 2013), expands on the strategies outlined in their earlier book and on their website, VirtueofSelfishInvesting.com. It is in large measure a workbook. Almost half of the book is devoted to pocket pivot and buyable gap-up exercises, with a full-page daily chart recto and the answer on the following verso (its flip side). For the 40 pocket pivot exercises the reader is asked to identify the pocket pivots and add any comments or qualifications. In the buyable gap-up chapter the reader is supposed to decide whether she would buy the gap-up move shown on the chart and why or why not.
The authors also offer a 75-page trading simulation, “step-by-step, day-by-day through the relevant price/volume action in two leading stocks from recent bull market cycles”—FSLR and APKT. “In this manner,” they claim, the reader “can gain a practical understanding of just how decision making occurs in real time according to the rules and techniques embraced by our particular brand of the OWL (O’Neil-Wyckoff-Livermore) investing and trading methodology.” (p. 265)
Despite the hype in the subtitles of both books, and despite the fact that most of the touted gains were made before the authors developed their own strategies, OWL traders will find a lot to like. They will even learn more than entry signals in a bull market. The last chapter on FAQs addresses such issues as when to sell and how to short stocks.
Fischer, Investing in Municipal Bonds
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Philip Fischer, a Wall Street veteran, was head of Municipal Research and the Global Index System at Bank of America Merrill Lynch before co-founding eBooleant Consulting. He draws on years of study and practice in Investing in Municipal Bonds: How to Balance Risk and Reward for Success in Today’s Bond Market (McGraw-Hill, 2013), a book aimed at high net worth investors, financial advisors, and trust departments.
Fischer first offers what he calls “a little history.” One of the more interesting tidbits was a paragraph on mandamus suits during the Reconstruction period. “[T]he administrators from the North were often highly unscrupulous in their issuance of municipal debt. The citizens were so incensed that they refused to make payments on the bonds. They didn’t just default; they repudiated the bonds, saying that their issuance was null and void in the first case. Mandamus suits by out-of-state bondholders were of limited value when the court sought to compel local officials to pay and a different mayor showed up each day.” (p. 11) Even though there are municipal defaults today and even though our current political dysfunction is often compared to the Reconstruction period, this example exposes the hyperbole of that comparison.
Fischer’s account of municipal bonds is thorough but not dense. He explains the various kinds of bonds—from general obligation bonds where the funds for the payment of interest and the repayment of principal come from the general taxing power of the issuer to revenue bonds that rely on a specific revenue source (water, sewer, power) to moral obligation bonds where “the state is not required by statute to help the issuer, but the legislature has the moral obligation to do so.” (p. 56) Then there are conduit bonds. Here the proceeds of a tax-exempt municipal bond issue go to a private entity. For instance, an issue sold by the Arizona Health Facilities Authority raised money for Banner Health, a nonprofit corporation.
Most people assume that all municipal bonds are tax-exempt, but Fischer explains that even so-called tax-exempt bonds are not always tax-exempt in reality: “whether and how municipal bonds are taxed varies depending on whether they are bought in the primary or the secondary market and whether they are bought at par, a premium, or a discount.” (p. 110) If this sounds complicated, it is. Fischer writes that “the market discount tax rules are some of the most befuddling in the tax code for investors.” (p. 113) Moreover, some municipal bonds, such as pension bonds, are taxable.
Municipal bonds can be a tricky lot, but Fischer’s book goes a long way toward making them understandable. Anyone who is thinking about investing in this area or who is advising those who do owes it to himself to become better informed about both the basic principles and the quirks of the municipal bond market. Investing in Municipal Bonds is the perfect place to start.
Fischer first offers what he calls “a little history.” One of the more interesting tidbits was a paragraph on mandamus suits during the Reconstruction period. “[T]he administrators from the North were often highly unscrupulous in their issuance of municipal debt. The citizens were so incensed that they refused to make payments on the bonds. They didn’t just default; they repudiated the bonds, saying that their issuance was null and void in the first case. Mandamus suits by out-of-state bondholders were of limited value when the court sought to compel local officials to pay and a different mayor showed up each day.” (p. 11) Even though there are municipal defaults today and even though our current political dysfunction is often compared to the Reconstruction period, this example exposes the hyperbole of that comparison.
Fischer’s account of municipal bonds is thorough but not dense. He explains the various kinds of bonds—from general obligation bonds where the funds for the payment of interest and the repayment of principal come from the general taxing power of the issuer to revenue bonds that rely on a specific revenue source (water, sewer, power) to moral obligation bonds where “the state is not required by statute to help the issuer, but the legislature has the moral obligation to do so.” (p. 56) Then there are conduit bonds. Here the proceeds of a tax-exempt municipal bond issue go to a private entity. For instance, an issue sold by the Arizona Health Facilities Authority raised money for Banner Health, a nonprofit corporation.
Most people assume that all municipal bonds are tax-exempt, but Fischer explains that even so-called tax-exempt bonds are not always tax-exempt in reality: “whether and how municipal bonds are taxed varies depending on whether they are bought in the primary or the secondary market and whether they are bought at par, a premium, or a discount.” (p. 110) If this sounds complicated, it is. Fischer writes that “the market discount tax rules are some of the most befuddling in the tax code for investors.” (p. 113) Moreover, some municipal bonds, such as pension bonds, are taxable.
Municipal bonds can be a tricky lot, but Fischer’s book goes a long way toward making them understandable. Anyone who is thinking about investing in this area or who is advising those who do owes it to himself to become better informed about both the basic principles and the quirks of the municipal bond market. Investing in Municipal Bonds is the perfect place to start.
Person, Mastering the Stock Market
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Mastering the Stock Market: High Probability Market Timing & Stock Selection Tools (Wiley, 2013) is the latest book by the well-known technical analyst, educator, and author John L. Person. Although Person is probably most famous for his work on pivot points, this book is wide-ranging. It covers seasonal analysis (don’t forget, he’s the co-editor of the Commodity Trader’s Almanac), sentiment analysis, comparative relative strength, breadth studies, volume analysis, patterns and indicators, scanning, pivot point analysis, and management tools. And, despite its title, the book also deals with futures and options.
Traders and investors should probably have some market basics under their belts before they pick up this book. Person packs a lot of information into Mastering the Stock Market and, even though he writes clear, fluid prose, he doesn’t linger over elementary points. His intended audience, I would suspect, is comprised of traders above the level of rank novice who have not already read (and absorbed) dozens of books on technical analysis as well as those who are in search of a good review course.
Need a brush-up on the Commitment of Traders report, VWAP, or the McClellan Oscillator? Want to learn about the seasonal trends of market sectors or spread trading? Interested in illustrations of convergences and divergences? This book offers all of the above—and much, much more.
Here’s one example of a COT option strategy. The COT data, Person maintains, “can act as a great confirming tool, especially when combined with seasonal analysis.” When high-beta stocks or sector ETFs “and/or the broad stock market are in a seasonally strong period, and if the COT data suggest that small speculators are net short more than 12 percent of the open interest in the E-mini S&Ps, then once you have a bullish trigger such as the Person’s Pivot Study (PPS) to generate a weekly buy signal, sell an at-the-money put (credit) spread with an option expiration of less than 35 days but more than 15 days. For added confirmation, look for the 9-day simple moving average (SMA) to cross above the 18-day SMA. If the market moves up, you profit by keeping the premium collected.” If the market moves against your position, to reduce losses “exit the strategy if the PPS indicator generates a weekly sell signal and/or the 9-day SMA crosses back below the 18-day SMA.” (p. 76) The PPS indicator, by the way, is currently available on several trading platforms. It’s not one of those proprietary tools that you can use only if you subscribe to an expensive service.
Mastering the Stock Market is a well-executed book by a seasoned professional.
Traders and investors should probably have some market basics under their belts before they pick up this book. Person packs a lot of information into Mastering the Stock Market and, even though he writes clear, fluid prose, he doesn’t linger over elementary points. His intended audience, I would suspect, is comprised of traders above the level of rank novice who have not already read (and absorbed) dozens of books on technical analysis as well as those who are in search of a good review course.
Need a brush-up on the Commitment of Traders report, VWAP, or the McClellan Oscillator? Want to learn about the seasonal trends of market sectors or spread trading? Interested in illustrations of convergences and divergences? This book offers all of the above—and much, much more.
Here’s one example of a COT option strategy. The COT data, Person maintains, “can act as a great confirming tool, especially when combined with seasonal analysis.” When high-beta stocks or sector ETFs “and/or the broad stock market are in a seasonally strong period, and if the COT data suggest that small speculators are net short more than 12 percent of the open interest in the E-mini S&Ps, then once you have a bullish trigger such as the Person’s Pivot Study (PPS) to generate a weekly buy signal, sell an at-the-money put (credit) spread with an option expiration of less than 35 days but more than 15 days. For added confirmation, look for the 9-day simple moving average (SMA) to cross above the 18-day SMA. If the market moves up, you profit by keeping the premium collected.” If the market moves against your position, to reduce losses “exit the strategy if the PPS indicator generates a weekly sell signal and/or the 9-day SMA crosses back below the 18-day SMA.” (p. 76) The PPS indicator, by the way, is currently available on several trading platforms. It’s not one of those proprietary tools that you can use only if you subscribe to an expensive service.
Mastering the Stock Market is a well-executed book by a seasoned professional.
Rittenhouse, Investing Between the Lines
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L. J. Rittenhouse spent ten years as an investment banker at Lehman Brothers (1981-1991) before leaving Wall Street to found her own firm, Rittenhouse Rankings, an investor-relations firm that advises businesses on improving valuation through candid assessments of corporate strategies, investor perceptions, and corporate communications. She is the author of two previous books: Do Business with People You Can Tru$t and Buffett’s Bites. Her latest book is Investing Between the Lines: How to Make Smarter Decisions by Decoding CEO Communications (McGraw-Hill, 2013).
The basic premise of the book is that high levels of executive candor are linked to superior market performance. On the one hand are the annual shareholder letters of Warren Buffett, the gold standard of executive candor. On the other hand are “FOG” communications, ones that abound in “fact-deficient, obfuscating generalities.” (p. 97) They use weasel words, clichés, jargon, and hyperbole. Their explanations may be incomplete, their grammar awkward. They often foreshadow subnormal, even disastrous returns.
Rittenhouse offers page after page of detailed analyses of corporate communications. These analyses are not always intuitively obvious. But the author is adamant: “When people tell me they don’t believe that they are smart enough to uncover the truth about executive FOG, I conclude that they either are lazy or lack the confidence to use their common sense.” (p. 271) Well, I guess that put me in my place!
I think back to Brand Blanshard’s 1953 lecture On Philosophical Style, the classic presentation of the thesis that profundity and clarity are not opposed philosophical virtues but rather required companions. Blanshard bemoaned the fact (in private 1980 correspondence) that “most writing nowadays is exceedingly shuffling, muddled, and ponderous.” By contrast, he noted in his lecture, John Locke and John Stuart Mill “each had the enviable faculty of making people say: ‘If he is not right, at least he deserves to be; he puts all his cards on the table; he keeps nothing back; he fights, thinks, and writes fairly, even to the point of writing clearly enough to be found out.’” For Blanshard, as for Rittenhouse, candor is a virtue.
The unfortunate reality is that good writing, whether in philosophy or in business, is a rarity. As Blanshard concludes his lecture, “We may have to agree with Professor Raleigh that ‘to write perfect prose is neither more nor less difficult than to lead a perfect life.’”
I’ve gone off on a tangent and I’m not quite sure how to bring this post home. Is it the case that for a CEO to write good (or at least candid) prose is neither more nor less difficult than for him to lead a good (or a profitable) company? I doubt it highly; in fact, the very suggestion sounds downright silly.
But a CEO has limited opportunities to communicate with shareholders, and shareholders have limited opportunities to find out how management views the company’s performance and its prospects. Rittenhouse works both sides of the street. She tries to help companies communicate better at the same time that she informs investors on how to decode these communications. It might be viewed as a conflict of interests, but I for one am grateful for her efforts.
The basic premise of the book is that high levels of executive candor are linked to superior market performance. On the one hand are the annual shareholder letters of Warren Buffett, the gold standard of executive candor. On the other hand are “FOG” communications, ones that abound in “fact-deficient, obfuscating generalities.” (p. 97) They use weasel words, clichés, jargon, and hyperbole. Their explanations may be incomplete, their grammar awkward. They often foreshadow subnormal, even disastrous returns.
Rittenhouse offers page after page of detailed analyses of corporate communications. These analyses are not always intuitively obvious. But the author is adamant: “When people tell me they don’t believe that they are smart enough to uncover the truth about executive FOG, I conclude that they either are lazy or lack the confidence to use their common sense.” (p. 271) Well, I guess that put me in my place!
I think back to Brand Blanshard’s 1953 lecture On Philosophical Style, the classic presentation of the thesis that profundity and clarity are not opposed philosophical virtues but rather required companions. Blanshard bemoaned the fact (in private 1980 correspondence) that “most writing nowadays is exceedingly shuffling, muddled, and ponderous.” By contrast, he noted in his lecture, John Locke and John Stuart Mill “each had the enviable faculty of making people say: ‘If he is not right, at least he deserves to be; he puts all his cards on the table; he keeps nothing back; he fights, thinks, and writes fairly, even to the point of writing clearly enough to be found out.’” For Blanshard, as for Rittenhouse, candor is a virtue.
The unfortunate reality is that good writing, whether in philosophy or in business, is a rarity. As Blanshard concludes his lecture, “We may have to agree with Professor Raleigh that ‘to write perfect prose is neither more nor less difficult than to lead a perfect life.’”
I’ve gone off on a tangent and I’m not quite sure how to bring this post home. Is it the case that for a CEO to write good (or at least candid) prose is neither more nor less difficult than for him to lead a good (or a profitable) company? I doubt it highly; in fact, the very suggestion sounds downright silly.
But a CEO has limited opportunities to communicate with shareholders, and shareholders have limited opportunities to find out how management views the company’s performance and its prospects. Rittenhouse works both sides of the street. She tries to help companies communicate better at the same time that she informs investors on how to decode these communications. It might be viewed as a conflict of interests, but I for one am grateful for her efforts.
18 Şubat 2013 Pazartesi
Glenn Beck the Phony Libertarian Partners with Theocratic Nazi Dave Barton.
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Glenn Beck has always claimed to be a Libertarian and he truly believes that he's leading a Glenn Beck styled Libertarian revolution. BEWARE! Benedict Beck and his Beckerheads are NOT Libertarians, patriots, liberty activists or even constitutionalists.
If Glenn Beck is a Libertarian so is George Bush, Dick Cheney, Barack Obama, Sean Hannity, Hush Bimbo and Fox News and we definitely know that none of those turkeys are Libertarians, not even close.
Beck is garnering tons of headlines these days because of his announcement that he's transitioning his organization into a Global Libertarian News Network.
Glenn Beck Relaunching The Blaze As Global Libertarian News Network
Glenn Beck is Planning a $2 Billion Libertarian Commune in Texas
Does anybody have any earthly idea who David Barton is? Barton is a very powerful and influential theocratic Republican icon in TX where he is revered as practically the Second Coming. I would personally classify Barton as pure concentrated evil. Barton, an Evangelical and Biblical literalist, is a prolific writer of books proclaiming that America's founders fully intended for America to be governed by the Bible. Barton also so despises Thomas Jefferson, the most Libertarian of our founders, that he even wrote a book castigating, demonizing and condemning Jefferson. The Barton book was so loaded with factual errors that its Christian book publisher, Thomas Nelson, pulled it from the shelves.
Anti-Jefferson Book by a TX Warvangelical Pulled from Shelves by Publisher For Inaccuracies
Don't fall for it folks. Beck is a fraud and Barton is a Biblical literalist nutjob who has been so discredited that a Christian book publisher pulled his anti-Jefferson book. The fact that this pair of Bat Shit Crazies are teaming up as partners under the facade of Libertarianism is a big RED flag.
Neither Beck nor Barton have moved into the liberty camp nor will they ever be Libertarians or constitutionalists. This ideological 'marriage' of the Mormon Beck and Evangelical Barton is a mating game that is unfit for human liberty.
Glenn Beck has always claimed to be a Libertarian and he truly believes that he's leading a Glenn Beck styled Libertarian revolution. BEWARE! Benedict Beck and his Beckerheads are NOT Libertarians, patriots, liberty activists or even constitutionalists.
If Glenn Beck is a Libertarian so is George Bush, Dick Cheney, Barack Obama, Sean Hannity, Hush Bimbo and Fox News and we definitely know that none of those turkeys are Libertarians, not even close.
Beck is garnering tons of headlines these days because of his announcement that he's transitioning his organization into a Global Libertarian News Network.
Glenn Beck Relaunching The Blaze As Global Libertarian News Network
Glenn Beck announced plans Tuesday during his online television program to expand the news operation in his media company, The Blaze, and refocus it as a libertarian network, opening three foreign bureaus, debuting a nightly newsmagazine show, and relocating his New York staff to showy new offices.The story grew even more legs when the Dallas Observe posted a piece that went viral and showed up on many alternate media sites and blogs, including some well known neocon sites that are now proclaiming loud and clear that many well known theocon-neocon nutjobs are really Libertarians.
Beck introduced his ambitious plans by standing in front of a split screen with MSNBC's Chris Matthews on one side and Fox News's Sean Hannity on the other, and bemoaning the fact that cable news has devolved into the "far left [and] far right... yelling at each other."
"We're not gonna play in that crazy space as a network," he said, adding, "I consider myself a libertarian... I'm a lot closer to Penn Jillette than I am to Chuck Hagel."He said over the next 60 days, The Blaze will open three foreign bureaus in cities that are "important to America." He will also relocate his New York staff from their current midtown offices into a building that will "send a very clear message to everyone in New York... it will piss everyone off."
Glenn Beck is Planning a $2 Billion Libertarian Commune in Texas
On his program last night, Beck revealed that his intention to "go Galt" is quite literal, unveiling grandiose plans to create an entirely self-sustaining community called Independence Park that will provide its own food and energy, produce television and film content, host research and development, serve as a marketplace for products and ideas, while also housing a theme park and serving as a residential community.STOP!
At the center -- in the middle of the lake that is itself larger than all of Disney Land - Beck (with the help of David Barton) will create a massive "national archive"/learning center where people can send their children to be "deprogrammed" and elected officials can come to learn "the truth."
Does anybody have any earthly idea who David Barton is? Barton is a very powerful and influential theocratic Republican icon in TX where he is revered as practically the Second Coming. I would personally classify Barton as pure concentrated evil. Barton, an Evangelical and Biblical literalist, is a prolific writer of books proclaiming that America's founders fully intended for America to be governed by the Bible. Barton also so despises Thomas Jefferson, the most Libertarian of our founders, that he even wrote a book castigating, demonizing and condemning Jefferson. The Barton book was so loaded with factual errors that its Christian book publisher, Thomas Nelson, pulled it from the shelves.
Anti-Jefferson Book by a TX Warvangelical Pulled from Shelves by Publisher For Inaccuracies
It's a well known fact that some Evangelicals absolutely detest Thomas Jefferson and practically consider him Satanic. Not surprisingly, TX Evangelical David Barton wrote an incendiary book about Thomas Jefferson titled 'The Jefferson Lies' which was published by Christian book publisher Thomas Nelson. Apparently, the publisher decided to fact check Barton's book and learned that is was overflowing with errors....Barton and Beck invoking the term 'Libertarianism' is cringe worthy. Just as the neocon statist fascists hijacked the Tea Party movement and took it over, the neocon Warvangelicals now believes that they can also hijack the Libertarian movement that was spawned by Ron Paul and liberty activists.
It's this dangerous Dispensationalism that has spawned the religious right as a powerful and controlling force within the Republican Party. These folks advocate for endless wars and murder, and they are frequently sarcastically dubbed Warvangelicals, theocons and neocons.
Folks who adhere to Dispensationalist theology have literally declared war on Thomas Jefferson. Jefferson is an admitted deist, though he never embraced any particular Christian theology. Above all, Jefferson was much closer to a modern day Libertarian in that he advocated for natural rights and recognized the right of folks to do whatever they want to do and live however they want to live so long as it doesn't infringe on the natural rights of another human being. It's this 'live and let live' philosophy of Jefferson that so incenses the theocrats who seek to be in everybody's bedroom as the religious police and the morality gestapo. They demand the criminalization of every possible human behavior that they don't approve of, including homosexuality. Many of these folks would implement Old Testament justice.
In Texas, Barton and his ilk succeeded in getting the State Board of Education (SBOE) to purge Jefferson from the list of people who were influential in the American Revolution as well as deleting him from the World History curriculum. The TX SBOE affair was so scandalous that Texas was the laughing stock of not only America but the entire world.
Don't fall for it folks. Beck is a fraud and Barton is a Biblical literalist nutjob who has been so discredited that a Christian book publisher pulled his anti-Jefferson book. The fact that this pair of Bat Shit Crazies are teaming up as partners under the facade of Libertarianism is a big RED flag.
Neither Beck nor Barton have moved into the liberty camp nor will they ever be Libertarians or constitutionalists. This ideological 'marriage' of the Mormon Beck and Evangelical Barton is a mating game that is unfit for human liberty.
America's Porker Kids and the Government that Subsidizes their Obesity and Diseases
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Much is being written about the epidemic of America's fat kids. It's a real tragedy because many of these kids become insulin dependent at very early ages as a result of the food that they consume. They are also acquiring a lot of serious health problems.
Wow—Obese Kids’ Health Is Much Worse Than We Thought
Only in America do we kill our kids for profit and do it with our tax dollars!!
Type II diabetes is attributable to lifestyle choices, obesity and is considered a lifestyle disease. It's on the rise in America's children and at an alarming rate.
The Increase of Obesity & Diabetes in Children
Much is being written about the epidemic of America's fat kids. It's a real tragedy because many of these kids become insulin dependent at very early ages as a result of the food that they consume. They are also acquiring a lot of serious health problems.
Wow—Obese Kids’ Health Is Much Worse Than We Thought
A large new study finds more health problems for very overweight children in childhood—not just later in life.Kids are eating high calorie, low nutrition diets that primarily consist of simple carbohydrates, sugar, corn syrup, fats, sodium, processed foods and GMO foods. Much of what kids eat in the schools is taxpayer funded garbage. Additionally, much of what is spent on the food stamp programs to feed the poor goes to very unhealthy junk food because subsidizing corporate profits of Big Food trumps a sound nutritional diet. Even more horrifying is that Migration Information reported that schools actually sell advertising to junk food purveyors by signing “"pouring rights" contracts that permit snack and soft drink companies to advertise to children on school vending machines, scoreboards, book covers, t-shirts, and news programs shown on televisions in the classroom., here.
We all know the number of American kids who are overweight or obese is at a scandalous rate (childhood obesity rates doubled between 1988 and 2006). But most of us might assume that the really bad health consequences of being very overweight will come later, in adulthood, when numbers for the big killers—heart disease, stroke, and diabetes—peak. And while that is true, there’s now new research showing a much bigger effect of excess weight on kids’ health when they are young.
The new study, which appeared in Academic Pediatrics, was led by Neal Halfon, MD, MPH, director of the UCLA Center for Healthier Children, Families, and Communities, in Los Angeles. The research looked at over 43,000 kids ages 10 to 17 around the country and asked about kids’ health issues like asthma, diabetes, and pain, as well as developmental and behavioral issues.
Only in America do we kill our kids for profit and do it with our tax dollars!!
Type II diabetes is attributable to lifestyle choices, obesity and is considered a lifestyle disease. It's on the rise in America's children and at an alarming rate.
The Increase of Obesity & Diabetes in Children
In many cases, obesity and diabetes go hand in hand. Diabetes and obesity in children is on the rise....Why are America's kids so unhealthy, fat, sick and diabetic from bad food? Because the government subsidizes the deadly poison that children consume. In many ways, it's a double special interest profit center. Sick kids with government financed lifestyle diseases then become highly profitable customers for Big Pharm and its dangerous drugs.
Children are exposed to several types of instant gratification with foods throughout the day, notes Keep Kids Healthy. Aside from vending machines, unhealthy snacks may also available to students in the cafeteria at school. Some school cafeterias offer a la carte items where the child can create his own lunch with junk food and processed food rather than choosing a healthy pre-planned menu option.
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