Ron Hill Quotes on America (3 Quotes)

Gene 'Mr. America' Stanlee was one of my favorites as a younger boy. I think he was one of the best 'showmen' in the business, but I never would bet on him in a 'shoot' even if it was against my Aunt Tillie after we dug her up from the grave. I saw him in a match with Guy LaRose when Guy had to put him over two straight. That was when LaRose was leaving Paul Bowser's office and heading for Chicago where he became 'Hans Schmidt.' Guy didn't like it one but, but did his job. Gene was extremely hot at that time and was selling out wherever he went.

A more offbeat pick is Hill's selection of tobacco giant Philip Morris, which is entering the latest round of tobacco-related litigation, this time with the Justice Department. But, ... there is very little basis in legal theory from which that suit can even be launched. And this is a company that has better cash flow than 10 of the largest corporations in America combined. They also pay a 5 percent dividend year over year.

We've been raising rates in this country since about June of last year, so we've had over a year's worth of rate increases starting to flow into the market. That has slowly, but surely, drained liquidity out of the overall financial system in America. So money supply growth has been below nominal GDP growth now for a number of months. So what's happening is slowly, but surely, there's just not enough money out there available to make everything go up all at the same time. So that's why rallies fail sooner than you expect, and why you know people get punished more for bad news than they get rewarded for good news,