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Showing posts from August, 2011

Hurricane Irene...

What a dud. This was pitched last week as an impending destructive force that would destroy the mid-Atlantic an East Coast of the United States; failure. Not that I'm upset the Eastern side of the continent didn't get destroyed, but this over-reactionary actions by our Society is an epidemic. What was suppose to hit the US as a strong Cat 3, landed as a weak Cat 2 and went directly to a Cat 1; now at 10am on Sunday it is a Tropical Storm. At last count, 9 people have died either directly or in-directly because of Irene. Here is the problem, when the next Hurricane come around people will NOT take it seriously.

5.8 Earthquake in Mineral VA and you would have thought the world ended.

I'm watching the news and there is a 5.8 Earthquake in VA that could be felt all the way to New York. You literally would have thought the Earth was coming to an end the way the media covered it and how the Civilization responded. The Congress was evacuated as was the Holder and parts of the Dept. of Justice, Media people wouldn't shut up and Twitter lit up like a Christmas tree. Folks, this literally wasn't enough to set off a car alarm, let alone, end the Planet and warrant the type of coverage it received. God forbid there is ever a true disaster (like the impending Cat 4 Hurricane coming up the East Coast this week); people aren't going to know what to do..aside from you know, hit up Twitter and film random sh-t with their phones.

College Sports.

Miami sending 13 players to prostitutes, LSU constantly breaking the law and general disregard for policy in general aside, what is the deal in America with College Sports? Today I saw an ad for "College Colors Day", Sept 2nd, and it made me think...when was the last time the Nation celebrated a Colleges' ability to educate? Are Colleges places of advanced education or athletic development houses? I get the money aspect, I'm not missing that, but I'm wondering when America decided the money and the sports were the most important parts. Don't get me wrong I'm a huge sports fan, but sports as a career not as an aspect of an educational system. In far too many cases athletes are treated as cherished objects of revenue via the NCAA and the schools that support it. I'm just curious how long America will keep this obsession.

Wind farms, Hydrogen and the Volt.

Recently it was released that in the last month less than 150 Chevy Volts were sold; if you don't know what the Volt is, it is Chevy's attempt at a nearly 100% electric car. Much like the Nissan Leaf, there was a ton of hype but no go. The Volt rang in around 44,000.00 which was lessened by a usual Government attempt to enforce green, a 7500.00 rebate. Absurd. Wind farms were recently reported to be killing multitudes of birds, including on average 80 Golden Eagles, a year in California. Though for some reason the EPA has never filed a single suit on them; interesting. Hydrogen, the one true power source that the US should be utilizing is always put on the back burner. It has proven itself as an efficient form of power, it works with moderately altered internal combustion engines and it is completely possible...NOW. We need to get our Environmental Act together.

Low Mortgage Rates

I am so tired of hearing about low mortgage rates and no follow up as to the fact that because of the inability of those who are upside down to refinance, they can't take advantage. It is impossible for the correct people, those who have done things right, to capitalize on the low rates; thus it is a complete misconception that rates are low. If people were able to take advantage, the rates would be up and everyone would be making money. It is about time the Government, those who screwed up Freddie/Fannie, figured that out.

It isn't the vacations stupid.

Everyone on the Republican side is pissing and moaning about Obama going on vacation, everyone on the left defends it as "all Presidents do it". Here is the difference; every President since FDR has primarily used their own compound, or prior residence, as their retreat outside of Camp David. Whether it was Camp David, Kennebunkport, "Camelot", Gettysburg or 'Crawford' Texas, it has always been a primary compound BEFORE Presidency. During the POTUS vacations to Hawaii, Europe or the multitude of other vacation spots..cough cough Martha's Vineyard..cough. All of these are completely paid on the People's dime. That is the issue, not the vacation itself...or at least it should be the issue. Stop the stupid arguments over 'vacation time', instead focus on who is paying for it.

Hey Buffett, you realize you can donate as much as you like right?

I find it arrogant, ignorant and plain offensive when Warren Buffett comes out and declares, on behalf of ALL Billionaires, "we should pay more taxes". This coming from a guy who gives himself a 100,000.00 salary just to avoid being in the highest tax bracket and takes the rest of his some 50 BILLION net worth in Capital Gains (taxed at a meager 15%). There is a blank line, right on everyone's tax form, that allows you to "give" money to the US Government. If Mr. Buffett is feeling so generous, why doesn't he take advantage of this option? Easily, it is easier to spend others money. Now that good Old Warren has made his money, and his reputation, he wants to kill the exact path he took..slash and burn it if you will. Sounds like a "reborn" Christian telling you the pitfalls of drinking and sex after they spent 20 years carving that path. Absurd. If Warren really cared so much he could easily pay himself a higher salary, say 20 Million in taxable ...

Rick Perry and Liberals.

What amazed me when I listened to Rick Perry announce he was running for the Republican ticket wasn't his speech, it was Liberal dialogue that went as follows: "...so he created jobs in Texas, they are jobs paying minimum wage, like the kind you would find at Walmart..". Nothing sounded more pompous, arrogant, disrespectful or entitled as these types of comments. This arrogance has taken over the Democratic party, in particular the Liberal left. How dare a person during the current "Great Recession" and nearly 10% unemployment for the last 3 years, say something so pompous, as if these jobs are beneath them. That is exactly what is wrong with America and why Liberalism continuously fails. For some reason there is this belief that some people are entitled to a better life and anything that makes that difficult, or impossible, must be wrong and corrupt. I also heard comments about how poor the schools are in Texas. Well, if history says anything, does anyone rec...

Why a Reset button is the only way out.

At this point everything we have considered "solid" about investing, is gone. All the rules, out the window. Thanks to numerous factors ranging from Terrorist attacks, dependencies on Foreign Governments to Government demanding firms like Freddie/Fannie Mac allowing for certain segments of the unreliable population to obtain loans; we are now in serious financial trouble. This is something we can't tax or flood with funds to find a way out. We need to be DRASTIC. Government, who got involved in Real Estate and created false boundaries in a Capitalist system, is now relying on the same system to self balance...that is impossible. It is like doing an Algebra equation and then all the sudden being handed a brand new variable and asking the past formula to answer it. Not happening. Government mismanagement is what has made a normal decline an insurmountable impasse. One possible solution is creating a false bottom, or essentially a reset button limiting loss. This is someth...

So the Tea Party isn't liked, so what, neither were the Revolutionaries in 1776.

I hear liberal opinion after liberal opinion speaking on the 'disdain' for the Tea Party. In most cases it is followed by mocking, laughter, name calling and regards of utter stupidity to the position. I hear this and wonder, do these folks realize that around 1770 the position to revolt from England was not 'well liked'; and that no where near the majority favored leaving the crown? In fact, most felt that they were British and to add to this, the earlier settlers actually sailed (mostly) as indentured servants to England in order for free passage? Troop quartering and taxes are always pointed to as the tipping point for the inevitable declaration of independence from England: however these things were actually done in the name of protecting the people, if not the crown. The English quartered troops in the Colonies to protect against border disputes with the old English enemy, the French. The notion was to protect its assets, and that included its people. In realit...

How the Tea Party is saving America.

Sending shock waves into the spines of liberals, democrats and republicans alike, the Tea Party is the only thing holding Moodys credit rating of the US up. The reason Treasury Bills are still a gold standard, even given the reason credit downgrade, is the Tea Party. Foreign investors know that groups like the Tea Party and hardcore conservative groups in America are the only things that keep the debt within any range of closure. Without the recent Tea Party elections, America would have easily raised the debt ceiling and continued to spend. It is the Tea Party that halted it. And while it is more than accurate to say some Tea Party demands are excessive, given the current climate and the realization that things take time, it is the Tea Party that is saving America currently. When the first media element finally reports the effectiveness of the Tea Party in the global economic view of the United States, we'll finally be on the way to an effective Government and perception. But ...

Beyond Frustrated.

Well the US Government has failed its people again. For the first time since it inception in 1917 the United States does not have a AAA credit rating across the three boards; while Moodys still ranks the US as a AAA investment, S&P has lowered it to a AA+. This is a critical review of the nations ability to be a sound investment and should scare every American. This is a legitimate outside authority stating to the world that the US isn't what it use to be; while we all knew it already this is a stark reminder. America needs a tremendous turn in actions if the country wishes to succeed again. For too long America has pulled away from faith, pushed to individual identity, political correctness in the face of obvious discontent. Focus on what is truly necessary and what is a lavish extra and a push back to charity is what is needed. The entire course of America since the turn of the 20th Century was geared at Progressive policies; a strange amalgamation of Socialism, Communism...

Why do Liberal Americans hate rich people?

Day in and day out in the media you will find some new comment, opinion or action trying to slam it to the "rich". Apparently people with any amount of money over what John Doe earns have no right or reason to benefit from the Nation they live in. Routinely the rich are thrown under the bus in some adolescent attempt to create complete and total class warfare. The rich, that rag tag group of folks that pay the bulk share of American taxes that help fuel the glutton government. The rich, the same group that donates more money collectively than any nation in the world. The rich, that company or person you currently work for. The rich, the guy across the street with a nicer car than you. The rich, those selfish individuals who spend their days buying investments in the world. The rich, the ultimate scapegoat. Here are just a few recent headlines slamming the "rich": - USA Today - There shouldn't be tax holidays because they only benefit the wealthy - Fox Ne...

Turnitin.com and College Peer Reviews.

In my recent course load from the Univ. of Maryland I was instructed that all projects must be reviewed through "turnitin.com"; a general engine to validate that a persons work is relatively original. Here is the issue, my instructor demanded a score of less than 3%. Well, when students are writing papers where they quote a source multiple times, the ranking goes up. So I received a 3% on a source because some chick at UCLA decided to use my same source, but quote it about 15 times. How exactly is the 3% assessment fair? If this chick and her one paper was not entirely dependent on my source, I would have been fine. Man I hate school.