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Bud Stevenson

Russian missiles, muralist’s death, GOP politics spark interest

Once in a while there’s a headline out of the Middle East that doesn’t make me angry: “Russian missiles fell short of Syria, landed in Iran, U.S. says.” My goodness, the former communists can now be called “The Gang That Couldn’t Shoot Straight.” The question is, does that make the Russians more dangerous to us […]

October 09, 2015 | Posted in Local opinion columnists | Tagged , | 1 Reply

Ethnic-religious divide hiding on Wall Street?

I confess. A few months ago I made fun of market reporters and analysts who used the term “shrugged off” whenever stocks rose in the face of apparent bad news. But that appears to be what’s happening recently. I’m not talking about the horrible news from Roseburg, Oregon, since mass murder rarely, if ever, affects […]

College shooting, war in Syria leave much to consider

I turned on Fox News – with a topic in mind Thursday – to see if there was anything new about Syria. Then, out of nowhere, came the news alert about the murders in Roseburg, Oregon. Now, this may sound trivial, but why is the term “murder” out of favor when it comes to these […]

Much ado about VW emissions cheating

I guess he means me and probably some of you, dear readers. Pope Francis had harsh criticism for those who have indulged a “selfish and boundless thirst” for money. OK, guilty as charged, but I don’t recall ravaging the planet’s natural resources and impoverishing the weak and disadvantaged in the process. I do drive a […]

From Yogi to pope – lasting impressions

Are there events you might have seen on TV that have stayed with you, well, forever? One that sticks in my 70-year-old mind is the picture of catcher Yogi Berra jumping into the arms of pitcher Don Larsen in the fifth game of the 1956 World Series. The Yankees beat the Brooklyn — that’s Brooklyn not Los […]

Armageddon? No, just a hold on interest rate

It’s almost pointless to comment on stocks, interest rates or the economy. That was my thought as I scanned my email before sitting down to write this column. I was greeted by this message: “The massive downfall that will wipe out 49 out of 50 American states. . . . And it was predicted in the Bible.” […]

11 GOP candidates take stage: Who survives?

Did you watch the Republican debate Wednesday night? I was deeply disappointed in those wascally Wepublicans. Why, you might ask? For starters, none of the 11 candidates brought up police brutality, or Ferguson, Missouri, or the late college-bound teenager Michael Brown. Even more disturbing was the total avoidance of the subject of income inequality, which, […]

Avon’s troubles represent a bit of good news

Let’s start out with the good news. Avon Products – AVP – is in a state of collapse; at $3.45 per share, it’s down more than 60 percent this year alone. That’s a 90 percent drop since 2004, when it was still considered a “glamour” stock, not because of the business it was in, but […]

Immigration remains a thorny topic

Sinclair Lewis, probably the best read American novelist 80 years ago before Ernest Hemingway, wrote a book with the title “It Can’t Happen Here.” I thought of that famous book when I read an article online from InfoWars.com. See what you think: “German schools order girls not to wear short skirts to avoid offending Muslim […]

Market reacts to what? Jobs report, or Fed meet?

The Dow Jones Industrial average was down about 275 points Friday. Just think, it was only a couple of months ago that the Dow hit 18,000 and the bulls said the next target was 20,000. Why, you might ask, is the market dropping so sharply in the face of apparently good unemployment news? The August […]

September 06, 2015 | Posted in Local Business | Tagged ,

‘Deflategate,’ Iran nuke deal, Clinton controversy remain top stories of day

If I were in a typical network newsroom, I would have to lead off with the most important story in the world: more important than our presidential race, more important than the awful refugee crisis in Europe, more important than the almost treasonous “framework” deal with Iran, in order to talk about “Deflategate.” Let me […]

September 04, 2015 | Posted in Local opinion columnists | Tagged ,

Trouble in China rebounds around globe

My train of thought was just interrupted by a blast from Socialist/Democrat Sen. Bernie Sanders. He had me in his sights when he threatened to tear down Wall Street and its billionaires, plus, I guess, any of the predators like me who made a living in the Devil’s den of iniquity. I might ask the senator […]

August 30, 2015 | Posted in Local Business | Tagged ,

Va. shooting aftermath reveals politics of murder

It’s happened again – too much news to settle on just one item, so let me start with my favorite characters, one Democrat and one allegedly Republican. Most of you are probably familiar with the Quinnipiac Poll, conducted by the Hamden, Connecticut university of the same name. It is nonpartisan and unbiased and highly respected. […]

August 28, 2015 | Posted in Local opinion columnists | Tagged ,

Root cause of market sell-off hard to determine

If you follow the market, you’ve seen the headlines: “Global stocks fall further on China worries,” “Oil falls below $40 a barrel,” “Longest losing streak in 29 years,” “Down 60% from high just last year.” This is how it usually goes; first the actual news, then the “reasons why” and then, of course, more predictions. […]

August 23, 2015 | Posted in Local Business | Tagged ,

Week’s news hits new low

It’s no secret that I look for stories that are, as they say, grist for my mill. And, most days you-know-who’s name comes up. But there was a narrative Thursday that so far exceeds in its bloody awfulness anything that goes on in our own political arena. If you haven’t seen it, you’re not surprised […]

August 21, 2015 | Posted in Local opinion columnists | Tagged ,

Week’s business news offers ‘document dump’

Once again, I can’t choose just one story from the world of finance, economics and business, so I’ll do the equivalent of a “document dump.” First of all, I’ve learned that if you say “first of all,” you better have a second or more in mind. And I do. The most important business news in […]

August 16, 2015 | Posted in Local Business | Tagged ,

Comments by current, past govt. officials draw attention

Only a nitpicking you-know-what like me would notice this glaring grammatical error in comments from our retiring Army Chief of Staff Gen. Raymond T. Odierno. Speaking of our involvement in Iraq, the general said, “We shouldn’t a went in there . . . .” If I were retiring as Army chief of staff. I, of […]

August 14, 2015 | Posted in Local opinion columnists | Tagged ,

Regulations on fuel sources a sure-fire way to drive up prices

I’d love to know how Daily Republic readers feel about this headline from The New York Times: The Markets Dig a Grave for Big Coal. The article continues, “. . . the United States coal industry is reeling as never before in its history. . .” Can you guess why? Coal is “. . . […]

August 09, 2015 | Posted in Local Business | Tagged ,

Still some hope in GOP contest

One of the torments of writing a column is that it’s tricky to cover an event that ends when, I would guess, most of the editorial staff of the Daily Republic has packed up and left. In any event, since, as you well know, 98 percent of the pre-debate commentary has been about Donald Trump – […]

August 07, 2015 | Posted in Local opinion columnists | Tagged ,

Effect of 2016 vote on markets uncertain

We’re getting a very early start on the presidential race, which means that every financial or economic analyst is offering opinions about “what it all means.” So, I’ll join the crowd, in a totally nonpartisan way, if that’s possible. Before looking at likely candidates, Republicans and other conservatives have to admit they were wrong when […]

August 02, 2015 | Posted in Local Business | Tagged ,

Hillary Clinton’s character still a question of note

Instead of starting out in my usual cranky, irritable way, how about mentioning the most heart-warming story of the week? You probably saw the incredible demonstration of surgical skills as doctors attached left and right hands to an 8-year-old child. The surgery took 11 hours and was accomplished by a 40-person medical team. Nice going to […]

July 31, 2015 | Posted in Local opinion columnists | Tagged ,

Age no barrier for this new hedge fund owner

I don’t want my wife Clare to see this article from Friday’s edition of The Wall Street Journal. Since I retired two years ago, I’ve claimed that 71 is too old to do anything useful except to shop at Raley’s or Trader Joe’s and fix dinner. Now I see that George Zweig, an experienced market […]

July 26, 2015 | Posted in Local Business | Tagged ,

Week’s news offers irritation, fearful prospects

This week’s events have been anywhere from irritating to life-threatening. Let’s look at the annoying events first. If you’re not familiar with Martin O’Malley, he’s the former governor of Maryland who is trying to replace Hillary Clinton as the Democratic nominee. O’Malley is as left-wing as they come in the Democratic Party. The other day, O’Malley […]

July 24, 2015 | Posted in Local opinion columnists | Tagged ,

Precious metals claims amount to naught

Don’t blame me. Blame William De Vane, the gold huckster whose face is on cable TV perhaps more than any other “celebrity” salesman. Of course, it’s a close call between De Vane and the oily Chuck Woolery who sings the praises of the Willow Curve, the “miraculous” invention that is almost guaranteed to relieve joint […]

July 19, 2015 | Posted in Local Business | Tagged ,

Greece, Fed news sways markets

Before I get into a serious look at the world of finance and investments, let me Greece the wheels with a different kind of business story. It’s from Denver, Colorado, and it was the headline that caught my eye: “Mary Jane Group expands Bud & Breakfast brand with addition of third property in Colorado Springs.” […]

July 12, 2015 | Posted in Local Business | Tagged ,

SF’s sanctuary law under the microscope

If you’re wondering why and when San Francisco became a sanctuary city, a 1989 law, the City and County Refuge Ordinance, “prohibits city employees from helping federal immigration enforcement efforts unless compelled by court order or state law . . . .” We have a reaction to that moronic law from Julie Myers Wood, an […]

July 10, 2015 | Posted in Local opinion columnists | Tagged ,

Greeks go to polls with welfare on their minds

Have you seen “Never on Sunday?” Or “My Big Fat Greek Wedding”? How about “Zorba the Greek?” There may be a “sequel” to “Never on Sunday” called “Bankrupt on Sunday” depending on the outcome of the referendum in Greece. As you know, there’s an historic choice for Greek citizens, whether to agree to more austerity, which […]

July 05, 2015 | Posted in Local opinion columnists | Tagged ,

What’s the greater threat?

Yes, the claim made both by our president and his secretary of state still resonate with me. I’m talking about their insistence – time and again – that the biggest threat to mankind – pardon me – humankind, is climate change. I’d like to pose a question to readers of this column: Do you think that the British people, […]

July 03, 2015 | Posted in Local opinion columnists | Tagged ,

Subsidies show government’s penchant to promote favored tech

Here’s a question for my Sunday audience: If a technology turns out to be a flop, should taxpayers increase the subsidies that potential buyers receive? I’m talking about the would-be “miracle on asphalt,” the electric car. California taxpayers have contributed more than a quarter of a billion dollars so middle-income and even high-income eco-nuts can […]

June 28, 2015 | Posted in Local Business | Tagged ,

Was president’s use of racial slur OK?

One of the big Obama stories this week was his interview on the Marc Maron Internet show, in which the president discussed race. First of all, I was a little put off by the 67-minute interview on a program called “WTF with Marc Maron.” Do any readers of this column not know what WTF stands for? […]

June 26, 2015 | Posted in Local opinion columnists | Tagged ,
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