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OIL DROPPING LIKE A ROCK

November 17–. 2014.  Go to “Core Portfolio” for current holdings.  Hit the “Follow” button to get updates. 

Our oil positions (MLP) are dropping.…but I am holding on.

Some of the causes include retaliation to Russia and declining usage due to the awful economic conditions. Nobody seems to have the definitive answer altho there is prolly some amount of manipulation going on.

I suggest you maintain your positions and collect the dividends.  I also hear the oil market will continue downward.  It is too late to sell anything right now.

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Book Recommendation:  Citizens of the Green Room by Mark Leibovich.  This tome was heavily promoted and sounded interesting so I picked it up.  Very early in the book you realize they are talking about stuff ten years old.  Lo and behold these are OLD articles from the New York Times re-bundled into a book.  Rip-off!!!!  Having said that, there ARE some juicy stories about the politicians and other crooks out there….especially loud mouth Chris Mathews on MSNBC.

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Liberal media continues sucking-up to Obama:

Fox Business Network anchor Melissa Francis dropped a bombshell on her show Friday, revealing that when she worked at CNBC, she was silenced by management for questioning the math behind ObamaCare on television.

In the shocking clip (below) that has picked up major traction on social media, Francis explains that she is not surprised by the lack of media coverage of “Grubergate” because many liberal media outlets are all too happy to help the architects of ObamaCare cover up the truth.

“When I was at CNBC, I pointed out to my viewers that the math of ObamaCare simply didn’t work, not the politics, by the way, just the basic math,” Francis said.

“And when I did that, I was silenced. I said on the air that you couldn’t add millions of people to the system and force insurance companies to cover their preexisting conditions without raising the price on everyone else.”

“I pointed out that it couldn’t possibly be true that if you like your plan, you can keep it,” Francis said. “That was a lie. And in fact, millions of people had their insurance canceled.”

“As a result of what I said at CNBC, I was called into management where I was told that I was ‘disrespecting the office of the president’ by telling what turned out to be the absolute truth.”

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