Manages Parisian Family Office. Began Wall Street, 82. Founded investment firm, Native American Advisors. Member, White Earth Chippewa Tribe. Was NYSE/FINRA arb. Conservative. Raised on Native reservations. Pureblood, clot-shot free. In a world elevated on a tech-driven dopamine binge, he trades from Ghost Ranch on the Yellowstone River in MT, his TN farm, Pamelot or CASA TULE', his winter camp in Los Cabos, Mexico. Always been, and will always be, an optimist.

Thursday, December 17, 2009

ANYBODY HOME?

Does anybody remember the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter Administration?

Anybody?

Anything?

No? Didn't think so!

Bottom line. We've spent several hundred billion dollars in support of an agency...the reason for which not one person who reads this can remember!

Ready??

It was very simple...and at the time, everybody thought it very appropriate.


The Department of Energy was instituted on 8-04-1977.

TO LESSEN OUR DEPENDENCE ON FOREIGN OIL.

Hey, pretty efficient, huh???

AND NOW IT'S 2009 -- 32 YEARS LATER -- AND THE BUDGET FOR THIS "NECESSARY" DEPARTMENT IS AT $24.2 BILLION A YEAR. THEY HAVE 16,000 FEDERAL EMPLOYEES AND APPROXIMATELY 100,000 CONTRACT EMPLOYEES; AND LOOK AT THE JOB THEY HAVE DONE!

THIS IS WHERE YOU SLAP YOUR FOREHEAD AND SAY,

"WHAT WAS I THINKING?"

Ah, yes -- good ole bureaucracy.

AND, NOW, WE ARE GOING TO TURN THE BANKING SYSTEM, HEALTH CARE, AND THE AUTO INDUSTRY OVER TO THE SAME GOVERNMENT?

HELLOOO! Anybody Home?

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