Saturday, August 20, 2005

Drug Stocks - Ouch!

Drug stocks are going to be a stickler on monday!

 

* Pre-season football is like kissing your sister.

* So the latest on the Social Security private savings debate is Grow Accounts.  That is, you'd be allowed to buy US Treasuries, and you'd own them.  This is the way the Federal Thrift Savings Program began, and then eventually it expanded into stocks.  Not a bad idea.

* Did you see Coach Carter?  I thought that was a fantastic movie.  I watched all the extras on the DVD.  I remember the story from a few years back, but it was great to see it retold.

* That Merck Vioxx settlement is going to be a dagger in stock shares monday.  I'm glad I don't own any drug companies.  When you think about it, it may just be a matter of time before those companies are sued out of business or nationalized (govt. takeover).

* Speaking of, Northwest Union trying to put that company out of business.  Is it any wonder union membership is on the decline?  Companies just can't afford these huge benefits in pensions and health care, and expect to compete.

* When was the last time you had a mineral water?  (Uh, now!)  Remember when these things were popular?  Now it seems Crystal Geyser is all that remains.

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