Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Tenuous

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Many of you probably heard the news yesterday that teachers unions received a nasty (and well-deserved) blow from the Los Angeles Superior Court. I grew up in a fiercely anti-union household, and as a child, if I did a poor job making my bed, my mother would scowl and angrily say, “Union Worker!” I knew at that point I damned well better do the bed properly.

Mercifully, as a businessman, I never had to deal with any union issues. I did, however, at one point have to grapple with a salaried employee who, years into her employment, decided to get cute and threaten a state case to retrieve overtime wages based on the idea her job should have been an hourly one. She did not prevail. But it deepened my dislike for any prospective interference of the state into such matters. (more…)

Tim Goes Citizen-ish

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By happenstance, I noticed that there was a huge explosion in the purchase of BBY puts (the $35 weekly in particular) the day before the big announcement. (You remember Best Buy, right? I was tooting my own horn about it yesterday. But, of course, it was just an “occasional winner”, right?) This option was up 1600% the next day. I looked at other contracts, and there was nothing weird. But someone knew something, and they knew just what to buy to profit…… (more…)