Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Saturday, September 29, 2012
Friday, September 28, 2012
End result: jobs created or saved, ZERO!
How on earth do clowns like this justify taking a single dime from their employers?
He couldn't make a forecast, weather or otherwise, if it was raining.
The guy spends 10 minutes telling us what all the problems are in America without offering a single solution. This guy is all hat, ZERO cowboy. Listening to him talk about tax code change, rather the lack thereof is repulsive.
Where's Roy Grohs when you need him?
Wednesday, September 26, 2012
Let me make two predictions: 1. Obama will be given all of the questions before the debate and will have canned answers for every question. Given what you have seen from the "media" in this country just over the last few MONTHS, do you have any doubt whatsoever that they would even hesitate to cheat? There is no way Obama could possibly engage in honest debate. He lacks the intellect to speak extemporaneously, much less to debate extemporaneously. The media in this country is now more dishonest than Pravda in the Soviet Union. And you doubt for a second that they will give Obama all of the questions in advance? Come on. 2. Romney is going to get some sort of position in Obama's "second term" regime. Romney isn't throwing an election for free. I could totally see Obama naming Romney to a cabinet or czar position. SECTREAS? Why not? The damage is already done and irreversible. Let Romney twist in the wind as SECTREAS while the economy collapses while Timmy Geithner lands an eight-or-nine-figure spot at Goldman or JP Morgan. My point is, I don't think Romney is just going to quietly go home to LaJolla.
Tuesday, September 25, 2012
If America gave a shit about integrity of the "real game", say, social security, immigration, tax code changes, SNAP, EBT, unemployment, housing, lies from the Fed, lies from the Administration, lies from Congress "they" might do something.
It should be a terrific Christmas for the economy, let's hope the football is good!
As a Life Member of the NCAI, the groups President Jefferson Keel said it best last summer.
Today as a result, only two out of every five eligible American Indian and Alaska Native voters are registered to vote. In 2008 over one million eligible Native voters were unregistered. I think that Indian country should consider this a civic emergency. We should all be concerned; American Indians and Alaska Natives, tribal, and state and federal governments. There are a number of concrete actions that we can take now to change this situation.
Monday, September 24, 2012
Friday, September 21, 2012
Never try to teach a pig to sing, advised Robert Heinlein. It wastes your time and it annoys the pig. Similarly, never try to convince a central banker that his policies are destructive. After five years of enduring crisis, market prices are no longer determined by the considered assessment of independent investors acting rationally (if indeed they ever were), but simply by expectations of further monetary stimulus. So far, those expectations have not been disappointed. The Fed, the ECB and lately even the BoJ have gone “all- in” in their fight to ensure that after a grotesque explosion in credit, insolvent governments and private sector banks will be defended to the very last taxpayer.
Thursday, September 20, 2012
If any aspect of society needs change it is the cradle-to-grave mentality found on so many Indian reservations. If we could get it ingrained in 50 reservations students at each reservation that a private sector job is much greater than a government or tribal government job and that marriage is a precursor to raising children successfully we could actually, maybe, just maybe, get some change.
On second thought, maybe some jobs that aren't involved in the something-for-nothing aspects of casino gaming. Anyone else tired of seeing tribal members hit age 65 without a retirement plan because they "entertained" themselves while gambling pay-checks away?
Wednesday, September 19, 2012
To him, "Fair = More".
To Dean Parisian, everybody in America needs to have some skin in the game. A vested interest. Like a flock of Canadian geese who fly in a "V" formation to make it easier for the flock to advance, in an easier and smoother manner, all Americans need to have some economic "skin" in the game to make America a better place.
The leeches need to go some place else. Or have mandatory work requirements. Mandatory drug testing and EBT cards that can only purchase food staples. Since Obama took office, nothing is better, not a single thing, at home or abroad. And Obama has offered no recognizable plans, no new proposals, no substance at all, for making things better in a second term.
This presidency is a disaster.
Tuesday, September 18, 2012
Monday, September 17, 2012
The world is covered in blood shed, hate and death and the media wants to play this like a fiddle.
That ROYAL HOTNESS ought to come out with her own line of lingerie.
Talk about a global audience to sell to. She could give J.K. Rowling a run for her money.
Sunday, September 16, 2012
Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed.
Back from vacation, the once again penniless citizens of Spain, Greece, and Portugal have resumed protesting austerity.
US embassies attacked, in many cases with numerous casualties, in Egypt, Libya, Tunisia, Morocco, Sudan, Lebanon, India, Balgadesh, Indonesia, and others.
Japan "appropriating" China-contested islands provoking a firestorm of retaliation including demands for "war with Japan".
The Japanese ambassador to China dying mysteriously .
Netanyahu telling Meet the Press Iran will have a nuke in six-seven months and must be stopped beforehand.
Warships from more than 25 countries, including the United States, Britain, France, Saudi Arabia and the UAE, launching a military exercise in the Straits of Hormuz.
A third US aircraft - the CVN-74 Stennis - carrier is en route to Iran with an ETA of about 10 days.
And finally, a potential catalyst to light this whole mess on fire, Iran's Revolutionary Guard announcing that its troops are now on the ground in Syria.
As I sat in church this morning and my mind wondered, (it often does that in church, sorry Steven Gibbs) I had some sense of guilt in not trying harder to get more Native American tribes to invest in the precious metals. You can get them into the circle but sometimes they just won't dance!! Heavens, some tribal council members still don't even have personal checking accounts. I have spent years and years and thousands upon thousands of MY OWN MONEY (Obama wasn't in on this thank God) trying to get Native Americans and Native American entities to come aboard and have Chippewa Partners represent their interests in the financial markets. There is not a single Native American money management firm that has been doing this longer than my firm.
It is so sad that "they" run off to some local insurance agent or some stockbrokerage outfit that doesn't even have fiduciary responsibility for their assets and get creamed. The stories of financial carnage across Indian Country are almost infinitesimal. It won't change in my lifetime I don't think. It is sort of like Pine Ridge and Whiteclay. Everybody knows what they probably SHOULD do they just WON'T do it because of the politics involved and the money at stake as tribal council members.
The only people who lose is simple. Indian Country. Those who need it most.
Saturday, September 15, 2012
Within Ojibwe teachings, there are nine core values that have been passed down through generations by elders to Ojibwe youth.
Honor the Creator;
Honor Our Elder Brothers (the plant and animal beings);
Be Kind to Everyone;
Be Moderate in Our Thoughts, Words, and Deeds;
Be Courageous; and
Keep Our Promises.
These nine core values are timeless and transcend gender, race or ethnicity. They are fundamentally sound principles that should be followed by everyone.
Friday, September 14, 2012
Thursday, September 13, 2012
Think of that. Long term, the survival rate for anyone in fixed income assets will be near zero.
Wednesday, September 12, 2012
Tuesday, September 11, 2012
Monday, September 10, 2012
Sunday, September 09, 2012
Saturday, September 08, 2012
Wade calls it like it is........
OK, I will come right out and say it. I don't like anything about this guys (Obama's) program and I am extremely concerned about where he is pushing this country. I know, he told us that he was all about fundamental change but I am sure that most people did not understand what he really meant. Now, almost four years later there can be no excuse for misunderstanding. He believes that more government, less responsibility and accountability on the part of citizens, er, those that live in America is the way to go. I disagree with every fiber of my being.
Now don't get me wrong, I am not a big fan of the current bunch of Republicans either. They have been equally culpable with the Dems in creating this mess (can you say sequestration) but I still believe there is a difference, however minute, in their approaches. If it were up to me I would fire all of them and start over but in leu of that, the Republican ticket (mostly because of the addition of Paul Ryan) is the lesser of the two evils.
Let's take stock of where we are right now as a country. We are $16 trillion in debt. Real unemployment (U6) is at 15%. The U.S. Tax code is more than 73,000 pages. Participation in welfare, food stamps, and disability programs is up dramatically. Our education system is producing students ranked worldwide as average and on a downward trend. In terms of politics, religion, gender, economics, sexuality, race, culture, morality, social class, and age, this society is more fractured than ever before. Political correctness slash sensitivity has run amok. The value of America as a brand around the world is falling. Morale and confidence in what the future holds for us is dropping. 66% of us believe that we are headed the wrong direction, the rest of us must be distracted by internet porn, the Kardashians, or Facebook which btw has lost half of it's value since going public and is still over valued in my opinion.
So, the way I see it, we are at a crossroads folks. We have an important choice to make in November. Are we going to side with those that take advantage or those that take responsibility? Future generations are going to look back at this time as a critical point. Will they blame us or praise us? I am voting for my childrens future.
Oh, for your information, I am a conservative and a registered Independent (for more than 20 years).
Lastly, it says E PLURIBUS UNUM on the Seal of the United States for a reason. Out of many, one or one from many. How ever you translate it, the meaning is the same. Diversity doesn't make us stronger, it makes us divided and weak.EDITORS NOTE - I received a big response to this post and let me just say that I am not trying to persuade those of you that support Obama. Experience has shown me that is no more possible than them persuading me. It reminds me of the argument between hunters and anti-hunters, both camps are entrenched and heavily invested in their positions with neither able to change the mind of the other. And that is fine, you libs are entitled to your opinions regardless of how utterly absurd and wrongheaded they might be.
By all accounts, conservatives still out number liberals in the United States by a significant margin. This post is a call to action, my way of trying to get the majority to understand what is at stake and to act accordingly. If you don't, and he wins a second term, you have only your own apathy to blame for what happens as a result.
Much has changed since the birth of this country but we still have the power to impose our will by voting for candidates whose core beliefs are consistent with our own. We simply have to do our homework, act and see that our friends do the same. Thanks.Wade Nelson
Editor Sorting through the fads and fashion of the outdoor equipment industry to identify and promote the very best wilderness gear for high end recreational users, backcountry professionals and government agencies.
We can be educated and persuaded but not bought, bullied or bs'd.
Hardcore Outdoor is dedicated to those who can't or won't turn back.
Friday, September 07, 2012
Taxpayers, I know they are a foreign idea to a government official, continue to be abandoned by the Georgia DOT in so many ways. Rail, light rail or trolley might be a serious consideration. A decade ago they said frontage roads on 400 would be the cat's meow to alleviate congestion. Not a frontage road in sight yet. It's ugly out there.
Here is some more waste of taxpayer dollars without somebody doing some actual thinking.
Traffic cameras along Ga. 400 remained on the blink Friday, apparently because of the repeated thefts of copper and fiber-optic wiring that connects the cameras to the state Department of Transportation’s nerve center.
The feeds from a pair of cameras on Ga. 400 at the Chattahoochee River in Sandy Springs first went dark during the afternoon rush hour on Aug. 27, and when police officers checked on the cameras, “they realized copper and fiber had been stolen from a junction box,” Sandy Springs police Capt. Keith Zgonc said.
Early Thursday, all of the cameras up and down Ga. 400 were out, from Sandy Springs to Alpharetta, and the DOT told the AM750 and 95.5FM News/Talk WSB Traffic Center that it was again due to the theft of wiring. The cameras remained off line early Friday.
Efforts by the AJC to contact the DOT for specifics on the latest outages were unsuccessful, but last week, spokesman Mark McKinnon said the agency was “having a real problem with people going out and taking that copper.”
“Having those cameras operable is important,” McKinnon said. “That’s what helps your average motorist get to work every day, that we’re able to see what’s going on out there.”
McKinnon said the thefts are also dangerous to the thieves.
“Someone could get themselves killed doing something like that,” he said.
Wednesday, September 05, 2012
On IPO day he was the biggest tout/cheerleader on the boob tube. Letting the world know just how lucky those Smith Barney legacy brokers were to be able to "get" so much stock for their Morgan Stanley Smith Barney clients.
Yuck. And more yuck.
Monday, September 03, 2012
Was out kicking some footballs to my son today in my yard and President Obama stopped by.
Can you pick up the Secret Service agents in the trees? It was really exciting. As he sat in the chair I started to quiz him on some of the great aspects of his Presidency. We didn't get far. He said I was too much like Dirty Harry for his liking.
It all comes down to this; money and how much of it and under what circumstances and whether the nations with capital are willing to hand it to their neighbors and watch their credit ratings, their own cost of funding and their standards of living decline.
I will say it again. Europe is in financial trouble. May America do the right thing and keep the printing presses from running to bail out any or all of these ignorant nations. Our children and grandchildren deserve the best of what America has to offer. My late Mother, Betty Parisian, always said to me that, "God helps those who help themselves". Let's leave Europe alone to help Europe.
Sunday, September 02, 2012
"Some 12,000 workers at a gold mine operated by Gold Fields have gone on strike, in the latest industrial strife to hit South Africa’s mining industry. Sven Lunsche, a spokesman for Gold Fields, said the wild-cat strike was not directly related to the crisis at the Marikana platinum complex, where 44 people have been killed in violence after rock drill operators downed their tools to demand higher wages on August 10. But he acknowledged that “the atmosphere in the mining industry is very volatile at the moment and this may have had an indirect impact on the situation". The bottom line: "The strike was costing the company 1,660 gold ounces of production a day, Mr Lunsche said." In other words in addition to the fear of a resumption in money printing by central bankers, the gold price will now have to deal with the added fear that supply disruptions just may hamper China's stealthy hording attempts to become the world's biggest holder of physical gold, or at least at sub $2000/oz prices.
Furthermore, it appears that where the striking miners of Lonmin and Gold Fields have boldly gone, many more local unionized workers are set to go as well, in the process shuttering the biggest industry in the Southern African nation:
The unrest at Marikana mines operated by Lonmin, the London-listed company, has been complicated by a dispute between the NUM and a rival union, the Association of Mineworkers and Construction Union, a newer body that has been making inroads into the platinum sector.
Amcu has no representation at the Gold Fields mine, although it has previously attempted to recruit members there. Industry officials have said the fact that gold producers use collective bargaining to negotiate with unions should reduce the risk of the kind of dispute afflicting Lonmin spreading to that sector.
But the Marikana crisis has triggered nervousness throughout the industry, while also putting focus on what appears to be growing dissatisfaction among workers with the NUM, which has been the dominant union in mining for three decades.
Lesiba Seshoka, a spokesman for the NUM, said the union had sent a team to the KDC mine to see what the workers’ concerns were. But he said suggestions that it was related to an internal union dispute at the mine were “not true”.
As a reminder, South Africa is the world's third largest producer of gold in the world (although the output has been steadily declining year after year), and the broader mining accounts for just under 20% of the country's GDP.