A few weeks ago I moved into a more bullish position with my stocks. I share my reasons why for the interest of other investors.
10 reasons why I am bullish about the stock market. I realize that they are not your traditional points that stock analyst write about, and that I can't provide you with research to back them up, but I think you can appreciate them. Here you go in no particular order:
1. The flip side of weak housing is the best housing affordability index in decades. Heck, there are millions of home owners who aren't paying anything to live in their home because they've defaulted on their mortgages and haven't been evicted yet. If housing consumes a smaller percentage of the consumers' income they have more to spend or invest on other things.
2. Accelerated depreciation on capital investments/purchases is going to kick in three ways: 1) stimulating purchases, 2) those investments impact on business productivity and profitability, 3) as the full expense is written off in 2011 and 2012 the write-off is used up meaning the effects on EBITA are going to be more pronounced in 2013, thus compounding reported profit estimates for 2013 and adding to forward PE estimates.
3. Coming off years of low interest rates and presently more favorable debt markets for commercial lending has provided a large window for business to restructure debt at lower carrying costs. Many firms have used their cash to retire debt and/or to buy back their stock. All these moves translate into hirer EPS, and greater valuation.
4. The attitude of organized labor has shifted from combative to parterning. In addition, years of high unemployment has given the vast majority of workers a much better appreciation for their employers and higher motivation to help their firm to succeed. This win-win mentality is under estimated in terms of prodctivity, innovation, and competitiveness, especially against our European competitors! Furthermore, unemployment fuels entrepreneurship both as a catalyst and as an "agent of capitalism."
5. While the economy has been lackluster to say the least since 2008, the last five years have yielded many advances in science and technology. Developments in virtually every area of science and technology are maturing into practical use and will be applied to great value in the coming years in business, medicine, transportation, communication, defense, logistics, waste management, energy, space and sea exploration, etc. America's strong trade relations with countries like ours that excel in R & D, such as Israel and Singapore will serve us well too. Together we will have better and more innovative solutions for the world's needs and problems. The "next big thing" may not be one thing, rather I think it will be many big things!
6. Energy is coming home and so are the dollars. America is fed up with OPEC and our dependency on energy suppliers from the Middle-East. As we source more of our energy in North America we keep the energy revenues in North America too. The direct and indirect impact on the USA GDP and trade balance will be enormous!
7. Mobile computing, combined with, social networking, the cloud, and e-commerce are going to have a profound effect on everything!! All one has to do is look around to see how the smartphone and tablet have become an extension of human beings. Look around at a restaurant or in a mall and you will see them in everyone's hands! Couples and groups of friends can be sitting with one another while texting or tweeting or posting or checking something at the same time. The speed at which an idea can travel and become a transaction is unlike anything our world has ever known! As information and currency flows more easily and rapidly the velocity and multiplier of money will contribute to our GDP on a grand scale.
Furthermore, because America does "the Internet" so well we have a competitive advantage worldwide in a trend that is freeing up people, nations, and their wallets around the world. I like the idea of the "human network." Plus, a first cousin to e-commerce is shipping, and here again the USA excels in "logistics."
8. Emerging nations have developing economic classes. China, India, countries in South America, and in Africa are all joining the modern world with massive modern needs. The demands they have for transportation, telecommunications, waste management, water and food supply, consumer products and distribution, medicine, and much more is staggering! When you compound growth in these massive countries over years like we have seen and will continue to see you reach levels that will make huge contributions to world GDP and as a result our economy and the profits of USA businesses. You don't even have to be a direct supplier to benefit.
9. Nations and politicians in America and Europe realize that their fiscal spending spree is over and that Debt to GDP ratios have to be brought down. Government leaders (an oxymoron today) would rather increase the denominator (GDP) than just lower the numerator (debt). With their fiscal options limited and the need for higher employment posing a threat of social unrest, let alone to their political future, they know they have to turn to business with pro growth policies. The politicians are starting to realize that the best thing they can do to stimulate growth is to do nothing. In other words, the more government gets out of the way the better. Less regulation, faster approvals, fewer agencies, and lower taxes & fees are as stimulative as anything! Since "getting out of the way" is also less expensive for government it is a win-win for the taxpayer and business.
At the same time, central banks are doing their part with extremely accommodative practices! (E.g. Low interest rates, monetary purchases of debt, easy access, etc.)
While the Federal Reserve has been surprised thus far at the lack of traction they have gotten in translating their aggressive monetary policies into economic growth I believe that is about to take a big turn. And I think we could all be surprised at how fast the turn is. I can't help but wonder if the Federal Reserve is thinking the same way with their recent announcement about broadcasting rate changes more frequently in order to give them a means to respond in a more timely way without creating any sense of panic.
10. Last but not least, the pendulum of doubt and despair has a wide swing coming back the other way. The mood in the country and with investors is going on a long arch towards renewed optimism. Couple this the trillions of dollars in bank reserves and more trillions on business balance sheets and we can expect to see a giant wave of consumption and investment when the mood is right, and it is about to be right.
In conclusion, as these ten factors kick in they are self-reinforcing and the business cycle will gain more momentum. When this happens future EPS estimates will be raised upward. When this happens the current 12x multiplier that the market is priced with will be corrected by the market to be closer to the 14x historical average for the market. But, since estimates are being taken higher you have a double reason for a boost to stock prices. That is why I am bullish!
If you read all this, thank you! I hope you liked it.
Bob Ritter
Wednesday, January 4, 2012
Monday, December 19, 2011
28th Ammendment
Here's an idea that was passed to me and I am passing it on ...
No one has been able to explain to me why young men and
women serve in the U.S. military for 20 years, risking their lives protecting
freedom, and only get 50% of their pay. While Politicians hold their political
positions in the safe confines of the capital, protected by these same men and
women, and receive full pay retirement after serving one term. It just does not
make any sense.
Monday we learned that the staffers of Congress family
members are exempt from having to pay back student loans. This will get
national attention if news networks will broadcast it.
When you add this to the below, just where
will all of it stop?
For too long we have been too complacent about the workings
of Congress. Many citizens had no idea that members of Congress could retire
with the same pay after only one term, that they specifically exempted
themselves from many of the laws they have passed while citizens must live
under those laws. The latest is to exempt themselves from the Healthcare
Reform... in all of its forms. Somehow, that doesn't seem logical. We do not
have an elite that is above the law. I truly don't care if they are Democrat,
Republican, Independent or whatever. The self-serving must stop.
If each person that receives this will forward it on to 20
people, in three days, most people in The United States of America will have
the message.. This is one proposal that really should be passed around.
Proposed 28th Amendment to the United States Constitution:
"Congress shall make no law that applies to the citizens of the United
States that does not apply equally to the Senators and/or Representatives; and,
Congress shall make no law that applies to the Senators and/or Representatives
that does not apply equally to the citizens of the United States."
Monday, December 5, 2011
Taking the Euro-zone crisis to another level - national insults!
Headlines out of Germany are getting nasty. Have a look at this CNBC article by Senior Editor John Carney. There's some pretty inflammatory overtones. Wonder if leaders in some Euro-zone countries will take offense to Germany's "holier than thou" attitude? Coming from a country that pretty much set the world's record for 'unholy' achievements, you could see where comments like those that the article speaks of could lead to some very nasty retorts. If this escalates it could potentially unwind the momentum that appears to be going in the direction that Germany wants. I hope they put a lid on this before that happens!
Euro-Zone Get's Sick and Asia Takes the Medicine
One of the most interesting and positive aspects to the Euro-zone crisis is Asia's response. China's new five year strategic
plan is a game changer! Their stated move to greater internal
consumption, and increased currency valuation will reduce their
dependency on foreign exports at a time when Europe's demand for exports
will drop. Given recent announcements on rates and reserves, It appears
that china may be stepping up those efforts.
From a world GDP standpoint, it is easy to imagine that china's acceleration may overshoot Europe's slow down. A similar dynamic can happen in India. Furthermore, let's give some credit to the new thinking in Europe about capitalism and competitiveness. Behind the scenes of the protests there is growing recognition of the unsustainable nature of their entitlements and work rules. Europe is awaking to the fact that they can not survive unless they can compete in the world economy. (No more free lunch.) Furthermore, the same market forces that are driving up their borrowing rates are demanding a systematic response that is grounded in a sound economic development growth plan. Therefore, as the euro-zone transitions from a deficit financed economy to a self-sustaining economy we can expect the returns to work their way into equity futures. Simply put, the average European has to make a greater contribution to productive society. German Chancellor Merkel would like the "writing on the wall" to be somehow structured into the treaties as a price for a euro rescue. You have to give her credit for having nerves of steel! She dangles her euro partners' feet over the cliff knowing they are tied together at the waist.
Last but not least, as if the USA Fed needed another reason to maintain aggressive monitory policy, they surely have it. USA reserves, hot off the presses, are pouring into Europe to help their bank solvency. Back home in the near-term the success of USA treasury auctions is off the Fed and markets minds. Inflation is tame enough to keep a less weary eye on. As for US's defecit, there's much to not like about the dysfunctional way we arrived at deficit reduction but it is reduction. All focus is on growth to bring down unemployment. And even with the most partisan congresses I've ever known, there is unanimous belief that we need to create private sector jobs and reduce waist in government.
The only question in developed countries is where does the growth come from, or more specifically how do we achieve lasting, not artificial, private sector jobs? Some of the answers are obvious, an so the question is more whether or not we have the political will to make the changes that will spur growth!
From a world GDP standpoint, it is easy to imagine that china's acceleration may overshoot Europe's slow down. A similar dynamic can happen in India. Furthermore, let's give some credit to the new thinking in Europe about capitalism and competitiveness. Behind the scenes of the protests there is growing recognition of the unsustainable nature of their entitlements and work rules. Europe is awaking to the fact that they can not survive unless they can compete in the world economy. (No more free lunch.) Furthermore, the same market forces that are driving up their borrowing rates are demanding a systematic response that is grounded in a sound economic development growth plan. Therefore, as the euro-zone transitions from a deficit financed economy to a self-sustaining economy we can expect the returns to work their way into equity futures. Simply put, the average European has to make a greater contribution to productive society. German Chancellor Merkel would like the "writing on the wall" to be somehow structured into the treaties as a price for a euro rescue. You have to give her credit for having nerves of steel! She dangles her euro partners' feet over the cliff knowing they are tied together at the waist.
Last but not least, as if the USA Fed needed another reason to maintain aggressive monitory policy, they surely have it. USA reserves, hot off the presses, are pouring into Europe to help their bank solvency. Back home in the near-term the success of USA treasury auctions is off the Fed and markets minds. Inflation is tame enough to keep a less weary eye on. As for US's defecit, there's much to not like about the dysfunctional way we arrived at deficit reduction but it is reduction. All focus is on growth to bring down unemployment. And even with the most partisan congresses I've ever known, there is unanimous belief that we need to create private sector jobs and reduce waist in government.
The only question in developed countries is where does the growth come from, or more specifically how do we achieve lasting, not artificial, private sector jobs? Some of the answers are obvious, an so the question is more whether or not we have the political will to make the changes that will spur growth!
Wednesday, November 30, 2011
Could have heard a pin drop ...
The following was forwarded to me and I just wanted to share it! That's the nice thing about a blog.
Hearing the Pin Drop
At a time when our president
and other politicians
tend to apologize
for our country's prior actions,
here's a refresher
on how some of our former patriots handled
negative comments about our country.
* * * * *
When in England ,
at a fairly large conference,
Colin Powell was asked by the Archbishop of Canterbury
if our plans for Iraq were just an example
of 'empire building' by George Bush.
He answered by saying,
"Over the years, the United States
has sent many of its fine young men and women
into great peril to fight
for freedom beyond our borders.
The only amount of land we have ever asked for in return
is enough to bury those
that did not return."
You could have heard a pin drop.
JFK'S Secretary of State, Dean Rusk,
was in France in the early 60's
when DeGaulle decided to pull out of NATO.
DeGaulle said
he wanted all US military out of France as soon as possible.
Rusk responded,
"Does that include those who are buried here?"
DeGaulle did not respond.
You could have heard a pin drop.
There was a conference in France,
where a number of international engineers were taking part,
including French and American.
During a break, one of the French engineers said,
"Have you heard
the latest dumb stunt Bush has done?
He has sent
an aircraft carrier to Indonesia to help the tsunami victims.
What does he intend to do,
bomb them?"
A Boeing engineer stood up and replied quietly:
"Our carriers have
three hospitals on board
that can treat several hundred people;
they are nuclear powered and
supply emergency electrical power to shore facilities;
they have three cafeterias
can feed thousands of people three meals a day;
they produce several thousand
gallons of fresh water from sea water each day;
and they also carry half a dozen helicopters
for use in transporting victims and injured
to and from their flight deck.
We have
eleven such ships;
how many does France have?"
You could have heard a pin drop.
A U.S. Navy Admiral
was attending a naval conference that also included Admirals
from Great Britain, Canada, Australia and France.
At a cocktail reception,
everyone was chatting away in English
as they sipped their drinks
when a French admiral suddenly complained that,
whereas Europeans learn many languages,
Americans learn only English.
He then asked,
"Why is it that we always
have to speak English in these conferences
rather than speaking French?"
Without hesitating,
the American Admiral replied,
"Maybe it's because
the Brit's, Canadians, Aussie's and Americans
arranged it
so you wouldn't have to speak German."
You could have heard a pin drop.
I am proud to be of this land we call AMERICA.
If your're proud to be an American,
go ahead,
feel free pass this on!
Thursday, November 24, 2011
It's Not Fair and It Is Bankrupting America
I got a call for my property rental and I asked the prospective tenant what he does for a living. He said he was retired. I said, oh you sound so young. He said he was 47. I responded, so you must be a civil servant to retire so young. He answered, "yes, he was a civil servant." Then he said. "that's the only way to afford retiring at my age - you either have to be independently wealthy or a civil servant."
It should not be possible for a person to work for 20 years in a civil servant position funded by taxpayers, and then be able to retire with the level of salary and benefits that allow them to retire and live off the taxpayer for the next 30 plus years! If this man lives to an average life expectancy of around 80 years ago he will be earning nearly twice as much being retired than he earned while he was working. That's wrong!
Taxpayers don't enjoy these benefits and they certainly can't afford to support others with their taxes so that they can enjoy these benefits! This man, and millions like him, enjoy entitlements, (pensions, health and insurance benefits, special aid programs, etc.) that are out-of-whack with what the average employee is able to afford for themselves, and it is unfair for the rest of us to carry the burden of others who worked for government. Why should a civil servant or union worker be entitled to more for the work they do than a non-government worker? It's not fair and it is bankrupting America!
Here's another example. Earlier this year I volunteered to help a homeless shelter plant some flowers. It was a lousy rainy day and the last thing I wanted to be doing was work outside, but I made a commitment and I figured I was going to get dirty anyway so what's the difference if I got wet too. I arrived and went straight to work. The shelter director told me there was over 100 people on any given night at the shelter. She also had quite an ambitious amount of garden beds that she wanted me to clean up and plant flowers & vegetables in.
Given the volume of work and the fact that I wanted to finish up in a few hours, I asked the shelter director if she would ask a couple of the shelter's "guests" to give me a hand? I told her I would show them what to do. I was floored by her response. She told me that she could not ask any of them to help me! Why, I asked. Get this answer --- if any of them got hurt (planting flowers!) the shelter would be sued! I told her you have got to be kidding me! Nope, she said, not kidding! That's wrong!
People who are on the public troth should be required to do something in exchange for their benefits. Anything! There is a way that anyone can be productive. Frankly, I think the less pleasant the work the better!! This way they are motivated to get off of government assistance! And, while they are on it they can at least be productive members of society. That would be positive on many levels!
It's examples like these above that are why the Tea Party is gaining so much support! Many of us are fed up with the outrageous ways our government is spending America into bankruptcy. We need more common sense approaches to the problems with government spending. Besides spending less, we can get more bank for our buck by changing our foolish laws which make it possible for shelter residents to live scot-free and civil servants to collect a pension at age 47 when they could still be working.
It should not be possible for a person to work for 20 years in a civil servant position funded by taxpayers, and then be able to retire with the level of salary and benefits that allow them to retire and live off the taxpayer for the next 30 plus years! If this man lives to an average life expectancy of around 80 years ago he will be earning nearly twice as much being retired than he earned while he was working. That's wrong!
Taxpayers don't enjoy these benefits and they certainly can't afford to support others with their taxes so that they can enjoy these benefits! This man, and millions like him, enjoy entitlements, (pensions, health and insurance benefits, special aid programs, etc.) that are out-of-whack with what the average employee is able to afford for themselves, and it is unfair for the rest of us to carry the burden of others who worked for government. Why should a civil servant or union worker be entitled to more for the work they do than a non-government worker? It's not fair and it is bankrupting America!
Here's another example. Earlier this year I volunteered to help a homeless shelter plant some flowers. It was a lousy rainy day and the last thing I wanted to be doing was work outside, but I made a commitment and I figured I was going to get dirty anyway so what's the difference if I got wet too. I arrived and went straight to work. The shelter director told me there was over 100 people on any given night at the shelter. She also had quite an ambitious amount of garden beds that she wanted me to clean up and plant flowers & vegetables in.
Given the volume of work and the fact that I wanted to finish up in a few hours, I asked the shelter director if she would ask a couple of the shelter's "guests" to give me a hand? I told her I would show them what to do. I was floored by her response. She told me that she could not ask any of them to help me! Why, I asked. Get this answer --- if any of them got hurt (planting flowers!) the shelter would be sued! I told her you have got to be kidding me! Nope, she said, not kidding! That's wrong!
People who are on the public troth should be required to do something in exchange for their benefits. Anything! There is a way that anyone can be productive. Frankly, I think the less pleasant the work the better!! This way they are motivated to get off of government assistance! And, while they are on it they can at least be productive members of society. That would be positive on many levels!
It's examples like these above that are why the Tea Party is gaining so much support! Many of us are fed up with the outrageous ways our government is spending America into bankruptcy. We need more common sense approaches to the problems with government spending. Besides spending less, we can get more bank for our buck by changing our foolish laws which make it possible for shelter residents to live scot-free and civil servants to collect a pension at age 47 when they could still be working.
Tuesday, November 22, 2011
All European Life Died in Auschwitz
(The following was forwarded to me - in a chain. I post it pass it along too.)
ALL EUROPEAN LIFE DIED IN AUSCHWITZ
The following is a copy of an article written by Spanish writer Sebastian Vilar Rodriguez and published in a Spanish newspaper on Jan. 15, 2008. It doesn't take much imagination to extrapolate the message to the rest of Europe - and possibly to the rest of the world.
REMEMBER AS YOU READ -- IT WAS IN A SPANISH PAPER
Date: Tue. 15 January 2008 14:30
ALL EUROPEAN LIFE DIED IN AUSCHWITZ
By Sebastian Vilar Rodrigez
I walked down the street in Barcelona , and suddenly discovered a terrible truth - Europe died in Auschwitz ... We killed six million Jews and replaced them with 20 million Muslims. In Auschwitz we burned a culture, thought, creativity, talent. We destroyed the chosen
people, truly chosen, because they produced great and wonderful people who changed the world.
The contribution of this people is felt in all areas of life: science, art, international trade, and above all, as the conscience of the world. These are the people we burned.
And under the pretense of tolerance, and because we wanted to prove to ourselves that we were cured of the disease of racism, we opened our gates to 20 million Muslims, who brought us stupidity and ignorance, religious extremism and lack of tolerance, crime and poverty, due to an unwillingness to work and support their families with pride.
They have blown up our trains and turned our beautiful Spanish cities into the third world, drowning in filth and crime. Shut up in the apartments they receive free from the government, they plan the murder and destruction of their naive hosts.
And thus, in our misery, we have exchanged culture for fanatical hatred, creative skill for destructive skill, intelligence for backwardness and superstition.
We have exchanged the pursuit of peace of the Jews of Europe and their talent for a better future for their children, their determined clinging to life because life is holy, for those who pursue death, for people consumed by the desire for death for themselves and others, for our children and theirs.
What a terrible mistake was made by miserable Europe ..
***********************************
A lot of Americans have become so insulated from reality that they imagine America can suffer defeat without any inconvenience to themselves.
Absolutely No Profiling! Pause a moment, reflect back, and take the following multiple choice test.
These events are actual events from history. They really
happened! Do you remember?
HERE'S THE TEST
1. 1968 Bobby Kennedy was shot and killed by:
a. Superman
b. Jay Leno
c. Harry Potter
d. A Muslim male extremist between the ages of 17 and 40
2. In 1972 at the Munich Olympics, athletes were kidnapped and
massacred by:
a. Olga Corbett
b. Sitting Bull
c. Arnold Schwarzenegger
d. Muslim male extremists mostly between the ages of 17 and 40
3. In 1979, the US embassy in Iran was taken over by:
a. Lost Norwegians
b. Elvis
c. A tour bus full of 80-year-old women
d. Muslim male extremists mostly between the ages of 17 and 40
4. During the 1980's a number of Americans were kidnapped in Lebanon by:
a. John Dillinger
b. The King of Sweden
c. The Boy Scouts
d. Muslim male extremists mostly between the ages of 17 and 40
5. In 1983, the US Marine barracks in Beirut was blown up by:
a. A pizza delivery boy
b. Pee Wee Herman
c. Geraldo Rivera
d. Muslim male extremists mostly between the ages of 17 and 40
6. In 1985 the cruise ship Achille Lauro was hijacked and a 70 year old American passenger was murdered and thrown overboard in his wheelchair by:
a. The Smurfs
b. Davey Jones
c. The Little Mermaid
d. Muslim male extremists mostly between the ages of 17 and 40
7. In 1985 TWA flight 847 was hijacked at Athens, and a US Navy diver trying to rescue passengers was murdered by:
a. Captain Kidd
b. Charles Lindberg
c. Mother Teresa
d. Muslim male extremists mostly between the ages of 17 and 40
8. In 1988, Pan Am Flight 103 was bombed by:
a. Scooby Doo
b. The Tooth Fairy
c. The Sundance Kid
d. Muslim male extremists mostly between the ages of 17 and 40
9. In 1993 the World Trade Center was bombed the first time by:
a. Richard Simmons
b. Grandma Moses
c. Michael Jordan
d. Muslim male extremists mostly between the ages of 17 and 40
10. In 1998, the US embassies in Kenya and Tanzania were bombed by:
a. Mr. Rogers
b. Hillary Clinton, to distract attention from Wild Bill's women problems
c. The World Wrestling Federation
d. Muslim male extremists mostly between the ages of 17 and 40
11. On 9/11/01, four airliners were hijacked; two were used as missiles to take out the World Trade Centers and of the remaining two, one crashed into the US Pentagon and the other was diverted and crashed by the passengers. Thousands of people were killed by:
a. Bugs Bunny, Wiley E. Coyote, Daffy Duck and Elmer Fudd
b. The Supreme Court of Florida
c. Mr Bean
d. Muslim male extremists mostly between the ages of 17 and 40
12. In 2002 the United States fought a war in Afghanistan against:
a. Enron
b. The Lutheran Church
c. The NFL
d. Muslim male extremists mostly between the ages of 17 and 40
13. In 2002 reporter Daniel Pearl was kidnapped and murdered by:
a. Bonnie and Clyde
b. Captain Kangaroo
c. Billy Graham
d. Muslim male extremists mostly between the ages of 17 and 40
14. And now we can add: In 2009, 31 people wounded and 13 American Soldiers murdered on base at Fort Hood by a Major that was known as...
a: You guessed it - A Muslim male extremist between the age of
17 and 40.
No, I really don't see a pattern here to justify profiling, do you? So, to ensure we Americans never offend anyone, particularly fanatics intent on killing us, airport security screeners will no longer be allowed to profile certain people. They must conduct random searches of 80-year-old women, little kids, airline pilots with proper identification, secret agents who are members of the President's security detail, 85-year old Congressmen with metal hips, and Medal of Honor winner and former Governor Joe Foss, but leave Muslim Males between the ages 17 and 40 alone lest they be guilty of profiling.
The Global Islamic population is approximately 1,200,000,000; that is ONE
BILLION TWO HUNDRED MILLION or 20% of the world's population.
They have received the following Nobel Prizes:
Literature:
1988 - Najib Mahfooz
Peace:
1978 - Mohamed Anwar El-Sadat
1990 - Elias James Corey
1994 - Yaser Arafat:
1999 - Ahmed Zewai
Economics:
(zero)
Physics:
(zero)
Medicine:
1960 - Peter Brian Medawar
1998 - Ferid Mourad
TOTAL: 7 SEVEN
The Global Jewish population is approximately 14,000,000; that is FOURTEEN MILLION or about 0.02% of the world's population. They have received the following Nobel Prizes:
Literature:
1910 - Paul Heyse
1927 - Henri Bergson
1958 - Boris Pasternak
1966 - Shmuel Yosef Agnon
1966 - Nelly Sachs
1976 - Saul Bellow
1978 - Isaac Bashevis Singer
1981 - Elias Canetti
1987 - Joseph Brodsky
1991 - Nadine Gordimer World
Peace:
1911 - Alfred Fried
1911 - Tobias Michael Carel Asser
1968 - Rene Cassin
1973 - Henry Kissinger
1978 - Menachem Begin
1986 - Elie Wiesel
1994 - Shimon Peres
1994 - Yitzhak Rabin
Physics:
1905 - Adolph Von Baeyer
1906 - Henri Moissan
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1910 - Otto Wallach
1915 - Richard Willstaetter
1918 - Fritz Haber
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1943 - George Charles de Hevesy
1944 - Isidor Issac Rabi
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1961 - Melvin Calvin
1962 - Lev Davidovich Landau
1962 - Max Ferdinand Perutz
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - William Howard Stein
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976 - Burton Richter
1977 - Ilya Prigogine
1978 - Arno Allan Penzias
1978 - Peter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Roald Hoffmann
1982 - Aaron Klug
1985 - Albert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1989 - Sidney Altman
1990 - Jerome Friedman
1992 - Rudolph Marcus
1995 - Martin Perl
2000 - Alan J. Heeger
Economics:
1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Robert Fogel
Medicine:
1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herbert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Roselyn Sussman Yalow
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1995 - Edward B. Lewis
1996- Lu RoseIacovino
TOTAL: 129!
The Jews are NOT promoting brain washing children in military training camps, teaching them how to blow themselves up and cause maximum deaths of Jews and other non Muslims. The Jews don't hijack planes, nor kill athletes at the Olympics, or blow themselves up in German restaurants.
There is NOT one single Jew who has destroyed a church. There is NOT a single Jew who protests by killing people.
The Jews don't traffic slaves, nor have leaders calling for Jihad and death to all the Infidels.
Perhaps the world's Muslims should consider investing more in standard education and less in blaming the Jews for all their problems. Muslims must ask 'what can they do for humankind' before they demand that humankind respects them.
Regardless of your feelings about the crisis between Israel and the Palestinians and Arab neighbors, even if you believe there is more culpability on Israel's part, the following two sentences really say it all:
'If the Arabs put down their weapons today, there would be no more violence. If the Jews put down their weapons today, there would be no more Israel." Benjamin Netanyahu
General Eisenhower Warned Us It is a matter of history that when the Supreme Commander of the Allied Forces, General Dwight Eisenhower, found the victims of the death camps he ordered all possible photographs to be taken, and for the German people from surrounding villages to be ushered through the camps and even made to bury the dead.
He did this because he said in words to this effect:
'Get it all on record now - get the films - get the witnesses - because somewhere down the road of history some bastard will get up and say that this never happened'
Recently, the UK debated whether to remove The Holocaust from its school curriculum because it 'offends' the Muslim population which claims it never occurred. It is not removed as yet. However, this is a frightening portent of the fear that is gripping the world and how easily each country is giving into it.
It is now more than 60 years after the Second World War in Europe ended. This e-mail is being sent as a memorial chain, in memory of the, 6 million Jews, 20 million Russians, 10 million Christians, and 1,900 Catholic priests who were 'murdered, raped, burned, starved, beaten, experimented on and humiliated' while the German people looked the other way.
Now, more than ever, with Iran, among others, claiming the Holocaust to be 'a myth,' it is imperative to make sure the world never forgets.
How many years will it be before the attack on the World Trade Center 'NEVER HAPPENED' because it offends some Muslim in the United States ?
It will take only a minute to pass this along.
The following is a copy of an article written by Spanish writer Sebastian Vilar Rodriguez and published in a Spanish newspaper on Jan. 15, 2008. It doesn't take much imagination to extrapolate the message to the rest of Europe - and possibly to the rest of the world.
REMEMBER AS YOU READ -- IT WAS IN A SPANISH PAPER
Date: Tue. 15 January 2008 14:30
ALL EUROPEAN LIFE DIED IN AUSCHWITZ
By Sebastian Vilar Rodrigez
I walked down the street in Barcelona , and suddenly discovered a terrible truth - Europe died in Auschwitz ... We killed six million Jews and replaced them with 20 million Muslims. In Auschwitz we burned a culture, thought, creativity, talent. We destroyed the chosen
people, truly chosen, because they produced great and wonderful people who changed the world.
The contribution of this people is felt in all areas of life: science, art, international trade, and above all, as the conscience of the world. These are the people we burned.
And under the pretense of tolerance, and because we wanted to prove to ourselves that we were cured of the disease of racism, we opened our gates to 20 million Muslims, who brought us stupidity and ignorance, religious extremism and lack of tolerance, crime and poverty, due to an unwillingness to work and support their families with pride.
They have blown up our trains and turned our beautiful Spanish cities into the third world, drowning in filth and crime. Shut up in the apartments they receive free from the government, they plan the murder and destruction of their naive hosts.
And thus, in our misery, we have exchanged culture for fanatical hatred, creative skill for destructive skill, intelligence for backwardness and superstition.
We have exchanged the pursuit of peace of the Jews of Europe and their talent for a better future for their children, their determined clinging to life because life is holy, for those who pursue death, for people consumed by the desire for death for themselves and others, for our children and theirs.
What a terrible mistake was made by miserable Europe ..
***********************************
A lot of Americans have become so insulated from reality that they imagine America can suffer defeat without any inconvenience to themselves.
Absolutely No Profiling! Pause a moment, reflect back, and take the following multiple choice test.
These events are actual events from history. They really
happened! Do you remember?
HERE'S THE TEST
1. 1968 Bobby Kennedy was shot and killed by:
a. Superman
b. Jay Leno
c. Harry Potter
d. A Muslim male extremist between the ages of 17 and 40
2. In 1972 at the Munich Olympics, athletes were kidnapped and
massacred by:
a. Olga Corbett
b. Sitting Bull
c. Arnold Schwarzenegger
d. Muslim male extremists mostly between the ages of 17 and 40
3. In 1979, the US embassy in Iran was taken over by:
a. Lost Norwegians
b. Elvis
c. A tour bus full of 80-year-old women
d. Muslim male extremists mostly between the ages of 17 and 40
4. During the 1980's a number of Americans were kidnapped in Lebanon by:
a. John Dillinger
b. The King of Sweden
c. The Boy Scouts
d. Muslim male extremists mostly between the ages of 17 and 40
5. In 1983, the US Marine barracks in Beirut was blown up by:
a. A pizza delivery boy
b. Pee Wee Herman
c. Geraldo Rivera
d. Muslim male extremists mostly between the ages of 17 and 40
6. In 1985 the cruise ship Achille Lauro was hijacked and a 70 year old American passenger was murdered and thrown overboard in his wheelchair by:
a. The Smurfs
b. Davey Jones
c. The Little Mermaid
d. Muslim male extremists mostly between the ages of 17 and 40
7. In 1985 TWA flight 847 was hijacked at Athens, and a US Navy diver trying to rescue passengers was murdered by:
a. Captain Kidd
b. Charles Lindberg
c. Mother Teresa
d. Muslim male extremists mostly between the ages of 17 and 40
8. In 1988, Pan Am Flight 103 was bombed by:
a. Scooby Doo
b. The Tooth Fairy
c. The Sundance Kid
d. Muslim male extremists mostly between the ages of 17 and 40
9. In 1993 the World Trade Center was bombed the first time by:
a. Richard Simmons
b. Grandma Moses
c. Michael Jordan
d. Muslim male extremists mostly between the ages of 17 and 40
10. In 1998, the US embassies in Kenya and Tanzania were bombed by:
a. Mr. Rogers
b. Hillary Clinton, to distract attention from Wild Bill's women problems
c. The World Wrestling Federation
d. Muslim male extremists mostly between the ages of 17 and 40
11. On 9/11/01, four airliners were hijacked; two were used as missiles to take out the World Trade Centers and of the remaining two, one crashed into the US Pentagon and the other was diverted and crashed by the passengers. Thousands of people were killed by:
a. Bugs Bunny, Wiley E. Coyote, Daffy Duck and Elmer Fudd
b. The Supreme Court of Florida
c. Mr Bean
d. Muslim male extremists mostly between the ages of 17 and 40
12. In 2002 the United States fought a war in Afghanistan against:
a. Enron
b. The Lutheran Church
c. The NFL
d. Muslim male extremists mostly between the ages of 17 and 40
13. In 2002 reporter Daniel Pearl was kidnapped and murdered by:
a. Bonnie and Clyde
b. Captain Kangaroo
c. Billy Graham
d. Muslim male extremists mostly between the ages of 17 and 40
14. And now we can add: In 2009, 31 people wounded and 13 American Soldiers murdered on base at Fort Hood by a Major that was known as...
a: You guessed it - A Muslim male extremist between the age of
17 and 40.
No, I really don't see a pattern here to justify profiling, do you? So, to ensure we Americans never offend anyone, particularly fanatics intent on killing us, airport security screeners will no longer be allowed to profile certain people. They must conduct random searches of 80-year-old women, little kids, airline pilots with proper identification, secret agents who are members of the President's security detail, 85-year old Congressmen with metal hips, and Medal of Honor winner and former Governor Joe Foss, but leave Muslim Males between the ages 17 and 40 alone lest they be guilty of profiling.
The Global Islamic population is approximately 1,200,000,000; that is ONE
BILLION TWO HUNDRED MILLION or 20% of the world's population.
They have received the following Nobel Prizes:
Literature:
1988 - Najib Mahfooz
Peace:
1978 - Mohamed Anwar El-Sadat
1990 - Elias James Corey
1994 - Yaser Arafat:
1999 - Ahmed Zewai
Economics:
(zero)
Physics:
(zero)
Medicine:
1960 - Peter Brian Medawar
1998 - Ferid Mourad
TOTAL: 7 SEVEN
The Global Jewish population is approximately 14,000,000; that is FOURTEEN MILLION or about 0.02% of the world's population. They have received the following Nobel Prizes:
Literature:
1910 - Paul Heyse
1927 - Henri Bergson
1958 - Boris Pasternak
1966 - Shmuel Yosef Agnon
1966 - Nelly Sachs
1976 - Saul Bellow
1978 - Isaac Bashevis Singer
1981 - Elias Canetti
1987 - Joseph Brodsky
1991 - Nadine Gordimer World
Peace:
1911 - Alfred Fried
1911 - Tobias Michael Carel Asser
1968 - Rene Cassin
1973 - Henry Kissinger
1978 - Menachem Begin
1986 - Elie Wiesel
1994 - Shimon Peres
1994 - Yitzhak Rabin
Physics:
1905 - Adolph Von Baeyer
1906 - Henri Moissan
1907 - Albert Abraham Michelson
1908 - Gabriel Lippmann
1910 - Otto Wallach
1915 - Richard Willstaetter
1918 - Fritz Haber
1921 - Albert Einstein
1922 - Niels Bohr
1925 - James Franck
1925 - Gustav Hertz
1943 - Gustav Stern
1943 - George Charles de Hevesy
1944 - Isidor Issac Rabi
1952 - Felix Bloch
1954 - Max Born
1958 - Igor Tamm
1959 - Emilio Segre
1960 - Donald A. Glaser
1961 - Robert Hofstadter
1961 - Melvin Calvin
1962 - Lev Davidovich Landau
1962 - Max Ferdinand Perutz
1965 - Richard Phillips Feynman
1965 - Julian Schwinger
1969 - Murray Gell-Mann
1971 - Dennis Gabor
1972 - William Howard Stein
1973 - Brian David Josephson
1975 - Benjamin Mottleson
1976 - Burton Richter
1977 - Ilya Prigogine
1978 - Arno Allan Penzias
1978 - Peter L Kapitza
1979 - Stephen Weinberg
1979 - Sheldon Glashow
1979 - Herbert Charles Brown
1980 - Paul Berg
1980 - Walter Gilbert
1981 - Roald Hoffmann
1982 - Aaron Klug
1985 - Albert A. Hauptman
1985 - Jerome Karle
1986 - Dudley R. Herschbach
1988 - Robert Huber
1988 - Leon Lederman
1988 - Melvin Schwartz
1988 - Jack Steinberger
1989 - Sidney Altman
1990 - Jerome Friedman
1992 - Rudolph Marcus
1995 - Martin Perl
2000 - Alan J. Heeger
Economics:
1970 - Paul Anthony Samuelson
1971 - Simon Kuznets
1972 - Kenneth Joseph Arrow
1975 - Leonid Kantorovich
1976 - Milton Friedman
1978 - Herbert A. Simon
1980 - Lawrence Robert Klein
1985 - Franco Modigliani
1987 - Robert M. Solow
1990 - Harry Markowitz
1990 - Merton Miller
1992 - Gary Becker
1993 - Robert Fogel
Medicine:
1908 - Elie Metchnikoff
1908 - Paul Erlich
1914 - Robert Barany
1922 - Otto Meyerhof
1930 - Karl Landsteiner
1931 - Otto Warburg
1936 - Otto Loewi
1944 - Joseph Erlanger
1944 - Herbert Spencer Gasser
1945 - Ernst Boris Chain
1946 - Hermann Joseph Muller
1950 - Tadeus Reichstein
1952 - Selman Abraham Waksman
1953 - Hans Krebs
1953 - Fritz Albert Lipmann
1958 - Joshua Lederberg
1959 - Arthur Kornberg
1964 - Konrad Bloch
1965 - Francois Jacob
1965 - Andre Lwoff
1967 - George Wald
1968 - Marshall W. Nirenberg
1969 - Salvador Luria
1970 - Julius Axelrod
1970 - Sir Bernard Katz
1972 - Gerald Maurice Edelman
1975 - Howard Martin Temin
1976 - Baruch S. Blumberg
1977 - Roselyn Sussman Yalow
1978 - Daniel Nathans
1980 - Baruj Benacerraf
1984 - Cesar Milstein
1985 - Michael Stuart Brown
1985 - Joseph L. Goldstein
1986 - Stanley Cohen [& Rita Levi-Montalcini]
1988 - Gertrude Elion
1989 - Harold Varmus
1991 - Erwin Neher
1991 - Bert Sakmann
1993 - Richard J. Roberts
1993 - Phillip Sharp
1994 - Alfred Gilman
1995 - Edward B. Lewis
1996- Lu RoseIacovino
TOTAL: 129!
The Jews are NOT promoting brain washing children in military training camps, teaching them how to blow themselves up and cause maximum deaths of Jews and other non Muslims. The Jews don't hijack planes, nor kill athletes at the Olympics, or blow themselves up in German restaurants.
There is NOT one single Jew who has destroyed a church. There is NOT a single Jew who protests by killing people.
The Jews don't traffic slaves, nor have leaders calling for Jihad and death to all the Infidels.
Perhaps the world's Muslims should consider investing more in standard education and less in blaming the Jews for all their problems. Muslims must ask 'what can they do for humankind' before they demand that humankind respects them.
Regardless of your feelings about the crisis between Israel and the Palestinians and Arab neighbors, even if you believe there is more culpability on Israel's part, the following two sentences really say it all:
'If the Arabs put down their weapons today, there would be no more violence. If the Jews put down their weapons today, there would be no more Israel." Benjamin Netanyahu
General Eisenhower Warned Us It is a matter of history that when the Supreme Commander of the Allied Forces, General Dwight Eisenhower, found the victims of the death camps he ordered all possible photographs to be taken, and for the German people from surrounding villages to be ushered through the camps and even made to bury the dead.
He did this because he said in words to this effect:
'Get it all on record now - get the films - get the witnesses - because somewhere down the road of history some bastard will get up and say that this never happened'
Recently, the UK debated whether to remove The Holocaust from its school curriculum because it 'offends' the Muslim population which claims it never occurred. It is not removed as yet. However, this is a frightening portent of the fear that is gripping the world and how easily each country is giving into it.
It is now more than 60 years after the Second World War in Europe ended. This e-mail is being sent as a memorial chain, in memory of the, 6 million Jews, 20 million Russians, 10 million Christians, and 1,900 Catholic priests who were 'murdered, raped, burned, starved, beaten, experimented on and humiliated' while the German people looked the other way.
Now, more than ever, with Iran, among others, claiming the Holocaust to be 'a myth,' it is imperative to make sure the world never forgets.
How many years will it be before the attack on the World Trade Center 'NEVER HAPPENED' because it offends some Muslim in the United States ?
It will take only a minute to pass this along.
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