Day-End Notes
Because of a cranky Internet connection, a post of a few short items will have to do for the rest of the day:
- Gee that was quick — Don Wildmon’s American Family Association is calling for a letter-writing and phone-call campaign to protest Wal-Mart’s aggressive “gay-friendly” initiatives earlier this week. In case the Bentonville bunch missed it, he reminds them that what they’re doing is similar to what Ford, who AFA is boycotting, has done.
- Advanced Technology Inc. (symbol ACTC) is the company BizzyBlog thinks should be investigated by the SEC because of very irregular-appearing trading action both before and after its “no harm to embryos” research announcement, and because an across-the-board group of prolifers, pro-embryonic stem cell researchers, and people with contacts in the investment community all believe that the company overhyped what it had accomplished. As feared, the share price of ACTC has nosedived from 96 cents at the start of the week to 61 cents as of about 2:55 PM Thursday — a drop of over 36%.
- Mortgage interest rates have gone down six weeks in a row. (MarketWatch link requires free registration).
- Add up the five months at this link from the Bureau of Economic analysis, and you realize that personal income is up about 2.7% during that time — way more than inflation.
- Ignoramus of the Day — Jack Cafferty of CNN, who sees a Bush/Rove conspiracy ….. in the fall of gas prices.
- Post of the Day — “Americans Hate Their Fabulous Economy” (HT Instapundit). It has great charts showing that the only meaningful difference between the economies of 1996-1999 and 2003-2006 is how people feel about them.
