Wednesday, September 20, 2017

Short Sellers Beware

Since Forbes created its first list of the 400 richest Americans in 1982 some 1,500 different people have been included.
All with one thing in common.
There are no short sellers on the list.     

Monday, September 11, 2017

Hurricanes Harvey and IRMA..........

Watching these hurricanes makes me realize how little I want to pay carbon taxes to incredibly wealthy people and the international world order for my existence.

Sunday, September 10, 2017

Steve Bannon on 60 Minutes tonight.......

For those pressed on time, courtesy of Axios, here are Bannon's most notable quotes, starting with his war with the GOP: "The Republican establishment is trying to nullify the 2016 election. That's a brutal fact we have to face."
  • On 'the establishment': "In the 48 hours after we won, there's a fundamental decision that was made. You might call it the original sin of the administration. We embraced the establishment. I mean, we totally embraced the establishment ... Because ya had to staff a government."
  • On his relationship with the president: "I think I'm a street fighter. And by the way, I think that's why Donald Trump and I get along so well. Donald Trump's a fighter. Great counter puncher. Great counter puncher. He's a fighter. I'm going to be his wing man outside for the entire time, to protect [Trump]" and "to make sure his enemies know that there's no free shot on goal."
  • On Trump's Charlottesville remarks: "I was the only guy that came out and tried to defend him."
  • On the "Swamp": "The Republican establishment is trying to nullify the 2016 election. That's a brutal fact we have to face." 
  • On Gary Cohn's critical interview with the Financial Times: "If you don't like what [Trump's] doing and you don't agree with it, you have an obligation to resign."
  • On Republican criticism of Trump's national security strategy: "That's the geniuses of the Bush administration. I hold these people in contempt, total and complete contempt ... They're idiots, and they've gotten us in this situation, and they question a good man like Donald Trump," Bannon said, naming Condoleezza Rice, Brent Scowcroft and Colin Powell.
  • On Economic Nationalism: ""Economic nationalism is what this country was built on. The American system. Right? We go back to that. We look after our own."" 
  • On the Russia investigation: "It's a total and complete farce. Russian collusion is a farce."
  • On Trump's tweets: "He knows he's speaking directly to the people who put him in office when he uses Twitter ... [General Kelly's] not going to be able to control it either because it's Donald Trump."
  • On campaign discussions following the Access Hollywood tape's release: "Trump went around the room and asked people the percentages he thought of still winning and what the recommendation. And Reince started off and Reince said, 'You have two choices. You either drop out right now, or you lose by the biggest landslide in American political history.' ... And I told him as he went around, I was the last guy to speak, and I said, 'It's 100%. You have 100% probability of winning.'"
  • On the Catholic Church: "Because unable to really to come to grips with the problems in the church, they need illegal aliens, they need illegal aliens to fill the churches."

The Ghosts within Wells Fargo are alive and well..............

Look at the names below and see if you can find a common denominator.

Kidder Peabody & Co. Inc.

Drexel Burnham Lambert

Thomson McKinnon

Prudential Bache

Prudential Securities

A. G. Edwards & Sons, Inc.

First Union Securities

See a common thread? Probably not, but all of them, are names that are no longer in existence as brokerage firms. Amazing.

They are the names of every brokerage firm I was ever associated with, many names having changed while I was working in the same seat, wiith the same phone number, with the same manager.

Today it is about keeping your seat, selling the investment product de jour, global scale, trying to compete with the likes of BofA/Mother Merrill herself, keeping the compliance departments happy and trying to dish out the latest IPO that was no doubt the product of some private equity deal or venture deal in the fairly recent past. The liquidity out there is amazing and these firms trying to buy brokers and assets continues to make little sense for investors.

These deals aren't geared to make money for anyone except the honcho's at the brokerage firms.

And they are geared to separate the assets of the customers from the customer.

I always ignored the doubters.........always!


For wannabe HURRICANE reporters everywhere


The old days Rudy are long gone.........


DREAMER!!!

dreamer [dree-mer] noun 1. Someone who voted for , thinking he would keep his promises on immigration.

2. Nickname for Dean Parisian

Saturday, September 09, 2017

Bush Obama Trump ad nauseum...............

Quote of the Decade, maybe of our entire American history


The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
~ Senator Barack H. Obama, March 2006

Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173