Video: Gabrielle Giffords resigning

I saw this coming when I watched a TV interview she did recently. While she was obviously recovering, she didn’t seem in any shape to run a campaign.

It’s good that she’s taking time to recover. If she does run for office again, we look forward to fighting hard against her big-government, pro-Obamacare, pro-cap-and-tax, pro-porkulus record. I’d rather not do that against someone who can’t fight back just as hard.

The Silicon T-bill

Bernie Madoff’s consistent returns earned him the nickname “the Jewish T-bill.” While 10% – 12% annual returns were too good to be true, the market does offer some nice, consistent yields now and then.

Back on Thanksgiving 2008, we pointed out that you could buy a very well-known semiconductor stock with a rock-solid balance sheet with a dividend yield of 4.5%, paying more than long-term Treasuries.  That stock is now up 91% since then, and the dividend has increased three times and is now 50% higher. Continue reading