John T. Reed’s news blog

A couple of thoughts on Hillary the felon.It is possible she could become toxic due to an indictment or leaks before the convention, and that the Democrats might change the rules to let them nominate some non-Bernie Sanders bright young star who has not been damaged by a tough primary fight and that person could win over the damaged-by-the primaries Republican nominee in November.It appears that Obama will prevent Attorney General Lynch and FBI Director Comey from doing their jobs and will give Hillary a pass. But she’d better win if they do, hadn’t she? Because on January 20, 2017,...

Wal-Mart today announced wage increases to stem an overly high turnover rate. I have often written about quit rate and its significance. Normal is about 20% per year. That is, in a normal organization, about 20% of the employees quit per year. I don’t want to quibble about the percentage. Whatever it is, there is a normal quit rate. Quit rate below 20% = overpaid If your quit rate is HIGHER, as at Wal-Mart, your pay/benefits/working conditions package is too low. Conversely, if your quite rate is BELOW 20% per year, your pay/benefits/working conditions package is too generous.Who fits that...

All baseball players should bat left-handed. I’m not kidding. If you know a coach who is letting any of his players bat right-handed, he is committing coach malpractice. If you know a father who is letting his kids bat right-handed, he is committing father malpractice.  Here’s why.

Donald Trump and Chris Christie have recently been denounced and dismissed as bullies. I have never met anyone who hated bullies as much as I did. The biggest fight of my life was a four-year battle when I was an Army officer. Against whom? Almost every single one of my military superiors. What was the problem? They were bullies. I refused to be bullied. To my amazement, I was accused of being a bully myself in the last year or two in some Facebook debates. No power over the bullied By my definition, neither I nor Trump nor Christie could...

I saw the movie The Big Short last night. I recommend it, although the book was far better.  Good explanations of the technical aspects They had an interesting approach to explaining the technical aspects of the sub prime crisis. Namely, they would essentially, stop the movie, and have the actors and celebrity experts in other fields speak directly to the audience using analogies to explain mortgage bundles, credit default swaps (insurance against bond defaults including mortgage bonds), side bets on the mortgage bundles, etc. Written by Michael Lewis The Big Short book by Michael Lewis (who also wrote Blindside and...