Wednesday, September 11, 2019

Zito Remembers. Bernie - An Old Grumpy Pathetic Man. Value and Income Investing Finally In Vogue.


Sent by a very old and dear friend and fellow memo reader.
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Zito remembers.  (See1 below.)
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How the Obama Administration Made the Military More Politically Correct
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Sent by a dear friend and fellow memo reader:https://www.frontpagemag.com/fpm/274891/bernie-sanders-attends-isna-convention-islamists-daniel-greenfield

There once was a movie entitled Grumpy Old Men. Bernie could play it in a remake.
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My ancient type of investing - value and yield -  has finally come back in vogue after a long and painful period of  being dead in the water. T, IBM, KO among other stocks like utilities have begun to perform well.  My style of investing is always a late bloomer and also reflects the fact  the market is rotating, has more fuel but we are much closer to the end than the beginning. Still suffering with my energy stocks.
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Dick
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1)Solemn remembrance on hallowed grounds​

SHANKSVILLE 
Eighteen years after first cresting the hill on the county dirt road off of U.S. 30 in Somerset County, it is still impossible to shake the feeling you are entering the hallowed grounds of a battlefield. 
The ghosts of bravery, determination and resolve embrace you and force you to remember to never let go, never forget that people just like you and me were brutally murdered by terrorists who wanted to send a message to this country and change it forever. 
Eighteen  years later we are still trying to understand how much they have succeeded. 
Sept. 11, 2001, was one of the darkest days in American history. This farm field in Southwestern Pennsylvania is the most distant scene of the catastrophic events that happened on that brilliant sunny day: Two hijacked jetliners slammed into the World Trade Center towers in New York City, one crashed into the Pentagon and a fourth headed toward the nation's capital.
United Airlines Flight 93 was scheduled for a cross-country trip from Newark to San Francisco when four terrorists took control of the plane and set a course toward Washington. The 40 crew members and passengers did not go down without a fight: The jetliner traveling 563 mph and poised to flip exploded on contact, killing all on board.
The National Park Service began replacing the makeshift memorial that once held thousands of notes stuck to the plywood walls from passing visitors in 2006. Before the new facility was built, visitors left rosaries, heartfelt notes, badges, football jerseys, war medals, pennies, flowers and their love and admiration here. Cars and motorcycles from Kentucky, Alaska, New York and New Mexico lined up along the single-lane road as visitors struggled to find a way to thank the heroes of Flight 93.
Despite the robust crowd walking through the visitor's center and the pathways, everyone on the grounds is near silent, speaking only in hushed tones — the quietness is chilling. 
The memorial itself is a bleak alabaster and fitting. The interactive display that includes recordings from the tragic flight is devastating. Tears flow freely from every person listening. 
Dick and Marie Schweinberg traveled from Lima, Ohio, to pay their respects. They come here often, have donated to the construction of the memorial and even have a brick with their name on it in appreciation for their generosity. They're not wealthy by any stretch of the imagination: He is a retired fireman; she is retired from the railroads once owned by U.S. Steel. 
“We just felt as though it was the right thing to do,” she said.
“We've missed a couple of years because our health was poor, but we are here now,” her husband Dick said. When they move around the grounds he escorts her in a wheelchair.
One day earlier retired Gen. Michael Hayden and his wife Jeanine spent three hours walking the grounds. “It was our first time here and it was humbling,” he said. 
Hayden, appointed in 1999 by then-President Bill Clinton to the National Security Agency — which he led when Sept. 11 happened, is certain we are safer than we were on Sept. 10, 2001, but less safe than 2011. 
It is something he said he never stops thinking about.
Marie Schweinberg said our country has changed in so many ways since that fateful day. “We came together quickly but soon collapsed into different camps. We trust our government and ourselves less, our economy is unstable and our culture is out of sync,” she said. 
Still, she said, we will persevere. “They didn't win that day. They didn't win the next day. They only put a dent in us. Eventually we will work it out,” she said of the terrorists. 
Schweinberg is right — our healing will work its way out and that healing begins with reflection, not just on loss but on the valor and daring of the Flight 93 crew and passengers. 
Hayden is right too — we should never let our guard down.
Click here for the full story
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