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Sunday, November 30

Ralph Blumenthal wrote a fun article in Friday's NYTimes called Scholars of Twang Track All the 'Y'Alls' in Texas.

"So if you love Texas, they say, be fixin' to say 'naht' for 'night,' 'rahd' for 'ride' and 'raht' for 'right.' And by all means say 'all' for 'oil' ... Other idiosyncrasies have all but vanished over time. Texans for the most part no longer pray to the 'Lard,' replacing the 'o' with an 'a,' or 'warsh' their clothes."
Posted at 11:24 AM, GMT

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An essay at Cato explains that democracy is not a gift we can bestow on people in distant lands.

"... the Middle East lacks the conditions, such as a democratic political history, high standards of living, and high literacy rates, which [stimulate] democratic change ... the success of freedom rests upon the willingness of free peoples to sacrifice. But the people of the Middle East, not the people of the United States, must make these sacrifices. Indeed, heavy-handed attempts to force democracy upon the region by military conquest will ultimately prove counter-productive toward those ends...."

Posted at 11:17 AM, GMT

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Year-over-year performance for the top performing sector indexes I watch, and the top performing stocks within those indexes:

  • Gold BUGS Index (HUI.X) + 119.8%
    1. Golden Star Resources (GSS) + 535.8%
    2. Bema Gold (BGO) + 339.1%
    3. Coeur D'Alene Mines (CDE) + 269.7%
    4. Freeport McMoran (FCX) + 207.1%
    5. Glamis Gold (GLG) + 124.2%

  • Internet Commerce Index (ECM.X) + 88.3%
    1. Ask Jeeves (ASKJ) + 913.0%
    2. CNET Networks (CNET) + 159.5%
    3. Ameritrade (AMTD) + 155.0%
    4. Yahoo! (YHOO) + 143.3%
    5. Amazon.com (AMZN) + 131.7%

ASKJ
Ask Jeeves, Weekly Chart

Posted at 10:56 AM, GMT



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