The Bottom Line
That may be what they say, but this is what they mean!
The Minyanville.com take on news, commentary and opinion from around the world:
- Frank Shostak, economist and adjunct Mises Institute scholar, asks, "Should we worry about falling savings?" Difficult to say, he concludes, when the measures of "savings" themselves are based on "an erroneous framework."
Bottom Line: Believe less than half of what you hear, none of what you see.
- According to the Asia Times, Pakistani President General Pervez Musharraf is "losing his grip." There are clear signals that within a matter of weeks the military regime could have further lost some of its grip on power.
Bottom Line: Like Iran, only drunk on Absinthe and staggering down a sketchy alley at 3 a.m. offering to trade anyone who will listen a briefcase full of nuclear launch codes for a cigarette and an order of cheese fries.
- Socionomic commentator Pete Kendall takes a look at the implications of Donald Trump's sudden eagerness to share even more with us. "I've made billions and now I want to share my success with you!," The Donald says. Also, get a free copy of the book, "Trump: Think Like a Billionaire."
Bottom Line: Trump: Think like a little bit desperate for attention here?
- Conservative Dallas Morning News columnist Rod Dreher's new book, "Crunchy Cons,"
is about people who vote for Bush but shop at places like Whole Foods and organic farmers' markets. According to Dreher, they are forming a thriving counterculture within the contemporary conservative movement. Meanwhile, a review in the Wall Street Journal says "Crunchy Cons is a rousing altar call to spiritual secession from an America that Mr. Dreher sees as awash in materialism, consumerism and "lifestyle-libertarian" thinking."
Bottom Line: Now it is even cooler NOT to buy stuff.
- According to the Sarasota Herald Tribune, for real estate obsessed America, a new noun has entered the lexicon without any obvious etymology other than high-tech cool. Zillow.com, which claims to have real estate values for some 60 million U.S. homes, has spawned the word "Zestimate," a noun, meaning, the estimated price of your house according to Zillow.com.
Bottom Line: Check out my "Zestimate" below...
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