Human Interest

While the high yield of the just priced 2Y auction came "on the screws" at 1.345%, below last month's 1.401%, but above the six previous auction average of 1.305%. and exactly where the When Issued suggested today's auction of $26 billion in 2Y notes would price, the internals were decidedly weaker than the stop out would suggest.

The bid-to- cover of 2.86 was a notable decline from last month's 3.06%, as well as below the 6 month average of 2.90%. It was also the lowest since April.

...and you pay tens of thousands of dollars for that?

Source: Branco

College is going to be one of the biggest investments of your life...

...which is why you should just trust what the student loan companies tell you without even thinking twice about how much you could be screwed after school has ended.

Here it is, in cold, hard black-and-white prose, a damning indictment of President John F. Kennedy in his own words...

Satirically authored by Straight Line Logic's Robert Gore...

From a dinner honoring Nobel Prize Winners April 29, 1962:

I want to tell you how welcome you are to the White House. I think this is the most extraordinary collection of talent, of human knowledge, that has ever been gathered together at the White House, with the possible exception of when Thomas Jefferson dined alone.

Authored by John Whitehead via The Rutherford Institute,

“If there is any principle of the Constitution that more imperatively calls for attachment than any other, it is the principle of free thought — not free thought for those who agree with us but freedom for the thought that we hate.”

 

- Supreme Court Justice Oliver Wendell Holmes

James Madison, the father of the Constitution, was very clear about the fact that he wrote the First Amendment to protect the minority against the majority.