Words to Live By
Another opinion on getting the U.S. back on track:
“Make Congress play by the same rules they impose on us. Enforce strict term limits and ban ALL lobbyists.”
Along with some words to live by…
“When it comes to politicians, believe nothing you hear and only half of what you see.”
In praise of ethics:
“My mother taught me that I do not know how people feel until I’ve tried to put myself in their place or I’ve walked a mile in their shoes. Because of that, I’ve lived my life — even to date — by the Golden Rule.”
If only we all lived that way.
Last, a reader laments just how far we’ve strayed:
“Our forefathers would be ashamed to discover what they envisioned for the country they fought so hard for has deteriorated to a government that’s for sale to the highest bidder.
“Then we wonder why there are social calamities like mass shootings!”
Many people would blame access to guns.
What say you? What are the root causes of “social calamities” that seem to be happening more frequently in the U.S.?
Your Rundown for Thursday, Oct. 10, 2019:
Pot’s “Positive Catalyst”
Guess who’s coming around on the issue of legalized marijuana?
“Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week,” Market Watch reports.
McConnell is said to be taking two days out of his schedule to meet with cannabis industry execs, business owners and pot lobbyists in Southern California.
On the agenda? Marijuana banking reform, among other issues.
“McConnell’s schedule includes two cannabis-related lunches with executives and advocates, one of which will take place in Newport Beach, Calif., and a tour of at least one cannabis-related company in the area.”
To be a fly on the wall.
According to PI Financial analyst Jason Zandberg: “The U.S. market needs the banking act to flourish, without it — there are legitimate companies that are following the rules that are facing major obstacles.
“Banking legislation would be a huge positive catalyst.”
Market Rundown for Thurs. October 10, 2019
S&P 500 futures are up 3 points to 2,923.
Oil is up 70 cents to $53.29 for a barrel of WTI.
Gold is down $10.30 to $1,502.50 per ounce.
Bitcoin is down $77.83 to $8,515.33.
Have a good day. We’ll talk again tomorrow.
For the Rundown,