Wednesday, July 27, 2011

Democrat Game Plan

1.Blame Bush
2.Blame Tea Party
3.Blame Billionaires
4.Blame Private Jet Owners
5.Blame Bush
6.Blame Supply and Demand
7.Blame the Unfairness of it all
8.Hatred for anyone who has more than you or is more successful than you
9.True Economic prosperity can only be created by Government Investment(freebasing your tax dollars). Say this one over and over 10 times a day,then send it to 35 people you know and it will come true.
10.Only white cracker racists would oppose the incineration of more of their money by the Central Planners
11. There is no Inflation
12. But if there is Inflation it is good.
13. More inflation is better. Inflation is a hidden tax on those who save and used to pay for government schemes, like the con we are pulling on China. Communists are born suckers. In the end our government transfers the wealth of the middle class and the Commies to those in US who have been held back or trampled by Capitalists.
14. Blame Bush
15.Cant we all just get along
16. Republicans want to starve old people,children, and your pets.
as possible.
17. Racist Republicans do not properly inflate their tires
18.Everyone should be able to buy a home,even if they cant fog a mirror.
19.Turbo Tax is hard to use
20. Save us Hillary,but lose the pantsuits.

Please Stop the Noise

Here we go again. Just as with Tarp,the GM bailout,Stimulus 1,2,and 3,as well as QE 1,2,and maybe 3 Obama,Democrats and their lapdog media have to whip us into a panic to sell the notion that to avoid the end of the world we must raise the debt ceiling. They say we must do this to avoid a downgrade but the agencies that would do the downgrading say they want 4 trillion in spending cuts. So why is it we need to raise the Debt ceiling which allows the government to spend more money they don’t have? You see the insanity of the Left’s and Media’s argument. They are saying we must spend more to avoid downgrades which their spending will trigger or are they saying the only way they will accept cuts far out in the future is if we allow them to spend more now?Like petulant children they will scream and yell till they get what they want. They want more spending,less cuts and most important they want credit for any deal done. So how do we stop the 24/7 panic machine of the Left?
It should be obvious with the medias non coverage of Obama’s wars compared to the 24/7mad dog attacks on Bush for his war,that the Media will only accept spending cuts if they come from a Democrat. We all know,no Democrat worth his offshore bank account is gonna cut spending,which in effect lessens the power of a Congressman and his ability to raise personal "funds". Their power is derived from their ability to spend taxpayer money or Bernanke play money and the US tax code. Its why they will never stop spending or reform the tax code. Our only hope is a Manchurian Candidate. A sane fiscally responsible man or woman would have to masquerade as a Democrat ,infiltrate the party,and win the nomination.
Unfortunately by the time our Manchurian Candidate is old enough to run the good ole USA will be Greece. So I suggest Rep.Boehner go to Obama with a deal and agree to call it Obama’s Deal but dont worry the media will call it that anyways,just like they did when Republicans dragged Waskally Willy kicking and screaming to a balanced budget and welfare reform. This is where it gets good,you offer Obama a life time membership to Augusta if he accepts spending cuts. No way he turns that down. Once that is done,start working on the Cypress Point membership that you will need in 6 months when this whole God forsaken mess comes up again.

Monday, May 23, 2011

The Middle

I am so tired of hearing the talking heads preaching how the Republicans need someone who can appeal to the middle. Like Dole,McCain,and Bush? That’s how we got into this mess.
They pretend to pity the Republicans because “those tea party people” are putting pressure on them to be fiscally responsible. In truth any Republican who appeals to the middle will probably continue to drive the US down the “Road to Serfdom”. The middle is the problem,they are mindless lemmings heading for the cliff. They don’t want confrontation or tough choices. The middle favors the status quo. If the Republicans give us another one of these candidates,it will surely be the end of the Republican party and probably the country. We need someone not of the Republican-Democrat spending machine. We need BAchman.

The Wedding Toast

This was the plan,almost got it right but did leave some out as the my memory is not too good in front of 200 people and the tux choking my fat neck.
i would like to thank everyone who has traveled to Dallas for this wonderful occasion and beautiful wedding. Even though Dallas lacks the charm and sophistication of Houston,it is still part of Texas does have the Mavericks, and I hope you all are enjoying it here. This will probably be the most I have talked in the presence of Patty and Martha the past 6 months so excuse me if I am a little nervous.,I found out quick any time I spoke even it if it wasnt with a wedding suggestions, I got icy glares , or just told to go away. As my brother in law Doug MacLeod counselled me the best way to get through this stressful pre marriage period is to shut up,show up,shell out.

I would like to recognize two couples tonight, my parents Bob and Shirley Preston and Jims grandparents Jim and Chris Georgeadis both celebrating their 60 anniversary this year. Jim and Patty this is what its supposed to look like. Both couples are excellent representatives of the greatest generation, Bob and Jim served in the Pacific theater of WW2 and were entrepeneurs who were very successful in the retail and wholesale Oil business. As a side note Jim did not have the advantage of the large child slave labor force my dad had.



Patty and Jim met while in studying abroad in Italy. I can’t think of a more romantic place to meet. I know that included a couple trips to the beatiful Cinque Terra,much wonderful food and wine.
I have no idea what they were studying over there or were you studying.?
Tonight also represents a union of my two favorite states.My home state of Pennsylvania,known for its beautiful countryside, rugged and hardworking residents,the Steelers,wonderful Italian food, horrible winters,crooked politicians mixed with Texas. known for its endless horizons,friendly residents,larger than life characters, frontier spirit,far ants,great Tex Mex and of course crooked polticians.

The moment we met Jim we felt as if he was part of the family. We knew he was the guy for Patty when while hiking in Sedona he saved our family from a horde of wild javelinas by screaming a popular 4 letter profanity while running very fast in the opposite direction.

Jim has also become sorta of legend in the Dallas investment community by not only becoming one of youngest VPs in his firm but also one of the shortest in duration.



When Patty was in college she would call us before and after every test freaking out. I am going to fail or I did fail. The result was 4 years of straight As. Jim, these grades do not come from my side of the family. Unfortunately this has carried over into her job,and now we get the same calls a couple times a week about how she is failing at her job, she is gonna be fired
Jim it is now your duty to bring Patty down from the ledge each week . she is all yours now Jim. These calls now go to you,we wont be taking them anymore.
Jim as you and your family discovered very early Patty is unable to drink and wear high heels shoes. She becomes very wobbly and ultimately falls down. This does come from my side of the familly. Because of this I instituted the rule,after two drinks Patty must either be barefoot or stop drinking. I suggest you enforce this rule.

Through this marriage you are also related to the worst backseat drive in the world, Pattys twin sister Sara. Have fun with that one.




Jim, a good friend gave me some sound advice in the early troubled days of my marriage.He told me all I had to do to have a happy marriage was remember 4 things. Come home bearing gifts on Valentines Day,Birthday, Mothers day,and today your anniversary. So far,it has worked. And I would like to add do not gamble against your wife on the golf course and never let your wife watch you gamble in Las Vegas. Neither ends well. But no matter how much you have to give in on things,never let the TV remote out of your control, thats the last shred of dignity we have left.

Patty and Jim,the best advice I can give is always talk with each other, always eat dinner together,dont keep score ,dont be afraid to tell your partner what you think,dont be afraid to get mad at each other,dont be afraid to give in and whatever you do,dont drink black russians..

Lastly Patty and Jim, when in doubt take deep breaths and repeat the mantra of the great Frank Kastanza. serenity now

Monday, May 16, 2011

Deja Vu all over again?

Checked into the Stoneliegh Hotel in Dallas for my daughter Patty’s wedding. We are here for a week. Internet access still sucks. Last time I spent a week in this hotel was after Hurricane Ike hit Houston. We stayed here till our power came back. That was also the week the market got murdered. I remember following Joe Donohue,Upsidetrader,tweets. He was short the world and as the market collapsed he pressed his bets. It was indeed impressive. I would try to make the occasional dip buy and then lose my internet connection,only to find out by watching the TV or calling my broker I had had my head crushed in. Then when my internet would come back I would see Joe had shorted where I had bought. It was a painful day in learning you don’t fight the flow,you make the market your friend. If the wind is in your face all you have to do is turn around and its at your back. I love shorting but am long various stocks long term so I am hoping this isn’t a repeat of that black week a few years ago. Whatever happens I am going to follow what Joe does this time.
On another note it really sucks NFLX chooses to implode the day I am out of the office. I knew at some time my cancellation of NFLX subscription would be too much for the stock to handle.

Wednesday, April 27, 2011

There will be no inflation

It is obvious after today to even the most economically illiterate, the government is in the process of monetizing it’s debt. Simply put,the US government is gonna screw anyone who is a saver,lives on fixed income, or any country that has bought US debt.
In a perverse way it is also a massive redistribution of wealth. It is destroying the value of dollar to pay back debts built up financing social and entitlement programs. This inflation will also help pay for the millions of government employees and their sweet health and retirement programs.
How can any person think they are capable of managing something as massive as the US economy and its money supply is beyond me,but both Bin Greenspan and Uncle Benny believe they are up to the job. They are central planners,like the Wizard of Oz behind the curtain,with the same amount of effectiveness.
It’s really no surprise,governments have been robbing citizens since the beginning of time through various methods of inflation. Before the advent of paper money and the magic printing press,rulers had to physically change the size of coins. Coins got smaller and smaller till there was nothing left.
It is surprising the central planners are sticking to this there is no inflation story. I guess they figure,if we were stupid enough to vote them in we are also stupid enough to believe there is no inflation.
You see wages are not going up,homes are not going up in price,and technology devices are falling in price. But oil,food,commodities,stocks are going through the roof. Never forget these are same scoundrels who caused the financial crisis by forcing banks to loan money to people who could not fog a mirror.
In truth there is no way out. We either stop spending and live within our means,which will cause a slowdown and a painful recession,but with tax reform and smaller government the US economy will rebound from it stronger than ever or we keep printing money, destroy our currency, and let society fall into chaos. Doesn’t seem like that difficult a choice,unless you are a US politician.
In the meantime I will spend more time in meditation.Inhale,there is no inflation,exhale. Repeat.

Tuesday, April 12, 2011

Some swing thoughts I worked on tonight


1.
1.Take it back slow
2.Keep left foot on ground
3.Keep right foot on ground
4. Drop it in the slot
5.Fire the hips
6.Bump the hips
7.Release through the ball
8.Keep head still
9.Let head move
10.Visualize
11.Wait on it. This used to make a lot of sense when I drank.
12.Keep a light grip
13.Keep your mind clear of clutter
14. Bend knees more
15. Stand more upright
16. Change equipment
17.Short NFLX
18.Keep body behind ball
19.Arnies Grip
20.Keep head behind ball
21.WTF every happened to Jimmy Balard
22.Swing around the body
23.Fire through the ball
24.How many strokes will Boehner give Obama
25.Really, a movie rental company is the market lead. Really?

e it back slow
2.Keep left foot on ground
3.Keep right foot on ground
4. Drop it in the slot
5.Fire the hips
6.Bump the hips
7.Release through the ball
8.Keep head still
9.Let head move
10.Visualize
11.Wait on it. This used to make a lot of sense when I drank.
12.Keep a light grip
13.Keep your mind clear of clutter
14. Bend knees more
15. Stand more upright
16. Change equipment
17.Short NFLX
18.Keep body behind ball
19.Arnies Grip
20.Keep head behind ball
21.WTF every happened to Jimmy Ballard
22.Swing around the body
23.Fire through the ball
24.How many strokes will Boehner give Obama
25.Really, a movie rental company is the market leader. Really?
26.Never think or say the word "shank".