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.
Monday, June 24, 2013
I hope prospective speculators in this company look and see what happened the first time around. Ugly.
Call any syndicate desk and ask for 10,000 shares of NEEDLESS MARKUP. Bet you a C-note they will know what company you mean.
This smells nearly as bad as ObamaCare. Whoops, my bad, it doesn't.
Consider some recent examples:
• Last week, the Pentagon inspector general released more than a year after its completion a highly redacted probe of the West Point Superintendent. It found that Lt. Gen. David Huntoon had improperly used his aides to staff private charity events, feed a friend's cats and provide driver's lessons. He agreed to reimburse the employees more than $1,800.
The report, which had been sought by the Washington Post and other news organizations, was completed in May 2012. It was released last week after West Point's graduation ceremony and weeks before Huntoon's retirement. The majority of it has been blacked out.
• Earlier this month, the Pentagon waited until late on a Friday night to announce that the Army's top commander in Japan, Maj. Gen. Michael Harrison, had been suspended for failing to properly investigate an allegation of sexual assault against one of his top aides. Its release, intended or not, came when most reporters had finished working for the week and ensured that it wouldn't get much attention.
It also came within days of his scheduled move to a new assignment.
• An ongoing issue involves John Allen, the recently retired Marine general who was entangled in the adultery scandal that forced David Petraeus to retire as CIA director. Allen, who had led all allied forces in Afghanistan, had been tapped by President Obama to become NATO's top commander.
At issue were emails Allen had sent to Jill Kelley, the Tampa socialite whose complaints to the FBI about harassment from Petraeus' mistress, Paula Broadwell, made the affair public. The FBI referred the emails to the Pentagon inspector general to determine if there had been any wrongdoing on Allen's part.
After weeks of investigation, the inspector general determined that Allen had done nothing wrong, Pentagon Press Secretary George Little announced in January. Little went on to say that then-Defense Secretary Leon Panetta "was pleased to learn that allegations of professional misconduct were not substantiated by the investigation."
Danielle Brian, executive director of the Project on Government Oversight, a non-partisan watchdog group, questioned how objectivity of the Pentagon's Inspector General.
"The mere fact that they're withholding it raises questions about the legitimacy of the investigation," she said.
Yet the Pentagon continues to refuse requests by USA TODAY and other media outlets, under the Freedom of Information Act, to release the 21-page report, or a summary of the findings that it says clear Allen.
Jeanne Miller, the chief of the inspector general's Freedom of Information and Privacy Office, wrote to USA TODAY that its release "would constitute a clearly unwarranted invasion of personal privacy."
The Pentagon's message: Move along. Nothing to see here. Take our word for it.
Sunday, June 23, 2013
The lesson here is that when you chase returns in markets you aren’t familiar with or chase Indians in country you don’t know very well there is a good chance one can get hurt. Quick and seriously. Stick with what you know and when it looks like you are out-manned, cut your losses and run. Living to fight another day is paramount.
Saturday, June 22, 2013
Friday, June 21, 2013
Why did the U.S. government spend 2.6 million dollars to train Chinese prostitutes to drink responsibly? Why did the U.S. government spend $175,587 "to determine if cocaine makes Japanese quail engage in sexually risky behavior"? Why did the U.S. government spend nearly a million dollars on a new soccer field for detainees being held at Guantanamo Bay? This week when I saw that the IRS was about to pay out 70 million dollars in bonuses to their employees and that the U.S. government was going to be leaving 7 billion dollars worth of military equipment behind in Afghanistan, it caused me to reflect on all of the other crazy ways that the government has been wasting our money in recent years. So I decided to go back through my previous articles and put together a list. I call it "The Waste List".
Even though our politicians insist that there is very little that can still be cut out of the budget, the truth is that the federal budget is absolutely drowning in pork. The following are 66 crazy ways that the U.S. government is wasting your hard-earned money...
#1 The IRS is about to pay out 70 million dollars in bonuses to employees even though discretionary bonuses are supposed to be cancelled due to the sequester.
#2 According to the Washington Post, the U.S. government is going to leave 7 billion dollars worth of military equipment behind in Afghanistan.
#3 It is being projected that the trip that the Obamas will be making to Africa will cost U.S. taxpayers $100,000,000.
#4 The NIH plans to spend $509,840 on a study that "will send text messages in 'gay lingo' to methamphetamine addicts to try to persuade them to use fewer drugs and more condoms."
#5 The National Science Foundation has given $384,949 to Yale University to do a study on “Sexual Conflict, Social Behavior and the Evolution of Waterfowl Genitalia”. Try not to laugh, but much of this research involves examining and measuring the reproductive organs of male ducks.
#6 The IRS spent $60,000 on a film parody of “Star Trek” and a film parody of “Gilligan’s Island”. Internal Revenue Service employees were the actors in the two parodies, so as you can imagine the acting was really bad.
#7 The NIH has given $1.5 million to Brigham and Women’s Hospital in Boston, Massachusetts to study why “three-quarters” of lesbians in the United States are overweight and why most gay males are not.
#8 The NIH has also spent $2.7 million to study why lesbians have more “vulnerability to hazardous drinking”.
#9 The U.S. government is giving sixteen F-16s and 200 Abrams tanks to the Muslim Brotherhood in Egypt even though the new president of Egypt, Mohammed Morsi (a member of the Muslim Brotherhood), constantly makes statements such as the following…
“Dear brothers, we must not forget to nurse our children and grandchildren on hatred towards those Zionists and Jews, and all those who support them”
#10 During 2012, the salaries of Barack Obama’s three climate change advisers combined came to a grand total of more than $370,000.
#11 Overall, 139 different White House staffers were making at least $100,000 during 2012, and there were 20 staffers that made the maximum of $172,200.
#12 Amazingly, U.S. taxpayers spend more than 1.4 billion dollars a year on the Obamas. Meanwhile, British taxpayers only spend about 58 million dollars on the entire royal family.
#13 During 2012, $25,000 of federal money was spent on a promotional tour for the Alabama Watermelon Queen.
#14 The U.S. government spent $505,000 “to promote specialty hair and beauty products for cats and dogs” in 2012.
#15 NASA spends close to a million dollars a year developing a menu of food for a manned mission to Mars even though it is being projected that a manned mission to Mars is still decades away.
#16 During 2012, the federal government spent 15 million dollars to help the Russians recruit nuclear scientists.
#17 Over the past 15 years, a total of approximately $5.25 million has been spent on hair care services for the U.S. Senate.
#18 The U.S. government spent 27 million dollars to teach Moroccans how to design and make pottery in 2012.
#19 At a time when we have an epidemic of unemployment in the United States, the U.S. Department of Education is spending $1.3 million to “reduce linguistic, academic, and employment barriers for skilled and low-skilled immigrants and refugees, and to integrate them into the U.S. workforce and professions.”
#20 The federal government still sends about 20 million dollars a year to the surviving family members of veterans of World War I, even though World War I ended 94 years ago.
#21 The U.S. government is spending approximately 3.6 million dollars a year to support the lavish lifestyles of former presidents such as George W. Bush and Bill Clinton.
#22 During fiscal 2012, the National Science Foundation gave researchers at Purdue University $350,000. They used part of that money to help fund a study that discovered that if golfers imagine that a hole is bigger it will help them with their putting.
#23 The U.S. government is giving hundreds of millions of dollars to the Palestinian Authority every single year.
#24 Federal agencies have purchased a total of approximately 2 billion rounds of ammunition over the past couple of years. It is claimed that all of this ammunition is needed for “training purposes”.
#25 During 2012, the National Science Foundation spent $516,000 on the creation of a video game called “Prom Week” which apparently simulates “all the social interactions of the event.”
#26 If you can believe it, $10,000 of U.S. taxpayer money was actually used to purchase talking urinal cakes up in Michigan.
#27 When Joe Biden and his staff took a trip to London, the hotel bill cost U.S. taxpayers $459,388.65.
#28 Joe Biden and his staff also stopped in Paris for one night. The hotel bill for that one night came to $585,000.50.
#29 If you can believe it, close to 15,000 retired federal employees are currently collecting federal pensions for life worth at least $100,000 annually. That list includes such names as Newt Gingrich, Bob Dole, Trent Lott, Dick Gephardt and Dick Cheney.
#30 The U.S. Department of Agriculture has spent $300,000 to encourage Americans to eat caviar.
#31 The National Institutes of Health recently gave $666,905 to a group of researchers that is conducting a study on the benefits of watching reruns on television.
#32 The National Science Foundation has given 1.2 million dollars to a team of “scientists” that is spending part of that money on a study that is seeking to determine whether elderly Americans would benefit from playing World of Warcraft or not.
#33 The National Institutes of Health recently gave $548,731 to a team of researchers that concluded that those that drink heavily in their thirties also tend to feel more immature.
#34 The National Science Foundation recently spent $30,000 on a study to determine if “gaydar” actually exists. This is the conclusion that the researchers reached at the end of the study….
“Gaydar is indeed real and… its accuracy is driven by sensitivity to individual facial features”
#35 In 2011, the National Institutes of Health spent $592,527 on a study that sought to figure out once and for all why chimpanzees throw poop.
#36 The National Institutes of Health has spent more than 5 million dollars on a website called Sexpulse that is targeted at “men who use the Internet to seek sex with men”. According to Fox News, the website “includes pornographic images of homosexual sex as well as naked and scantily clad men” and features “a Space Invaders-style interactive game that uses a penis-shaped blaster to shoot down gay epithets.”
#37 The General Services Administration spent $822,751 on a “training conference” for 300 west coast employees at the M Resort and Casino in Las Vegas. The following is how the Washington Post described some of the wasteful expenses that happened during this “conference”…
Among the “excessive, wasteful and in some cases impermissable” spending the inspector general documented: $5,600 for three semi-private catered in-room parties and $44 per person daily breakfasts; $75,000 for a “team-building” exercise — the goal was to build a bicycle; $146,000 on catered food and drinks; and $6,325 on commemorative coins in velvet boxes to reward all participants for their work on stimulus projects. The $31,208 “networking” reception featured a $19-per-person artisanal cheese display and $7,000 of sushi. At the conference’s closing-night dinner, employees received “yearbooks” with their pictures, at a cost of $8,130.
You can see some stunning pictures of GSA employees living the high life in Las Vegas right here.
#38 Do you remember when credit rating agency Egan Jones downgraded U.S. government debt from AA+ to AA? Well, someone in the federal government apparently did not like that at all. According to Zero Hedge, the SEC planned to file charges against Egan Jones for “misstatements” on a regulatory application with the SEC.
Normally, the SEC does not go after anyone. After all, when is the last time a major banker went to prison?
No, the truth is that the SEC is usually just a huge waste of taxpayer money. According to ABC News, one investigation found that 17 senior SEC officials had been regularly viewing pornography while at work. While the American people were paying their salaries, this is what senior SEC officials were busy doing…
One senior attorney at SEC headquarters in Washington spent up to eight hours a day accessing Internet porn, according to the report, which has yet to be released. When he filled all the space on his government computer with pornographic images, he downloaded more to CDs and DVDs that accumulated in boxes in his offices.
An SEC accountant attempted to access porn websites 1,800 times in a two-week period and had 600 pornographic images on her computer hard drive.
Another SEC accountant used his SEC-issued computer to upload his own sexually explicit videos onto porn websites he joined.
And another SEC accountant attempted to access porn sites 16,000 times in a single month.
#39 According to InformationWeek, the federal government is spending “millions of dollars” to train Asian call center workers.
#40 If you can believe it, the federal government has actually spent $750,000 on a new soccer field for detainees held at Guantanamo Bay.
#41 The U.S. Agency for International Development spent 10 million dollars to create a version of “Sesame Street” for Pakistani television.
#42 The Obama administration has plans to spend between 16 and 20 million dollars to help students from Indonesia get master’s degrees.
#43 The National Science Foundation spent $198,000 on a University of California-Riverside study that explored “motivations, expectations and goal pursuit in social media.” One of the questions the study sought an answer to was the following: “Do unhappy people spend more time on Twitter or Facebook?”
#44 In 2011, $147,138 was given to the American Museum of Magic in Marshall, Michigan. Their best magic trick is making U.S. taxpayer dollars disappear.
#45 The federal government recently spent $74,000 to help Michigan “increase awareness about the role Michigan plays in the production of trees and poinsettias.”
#46 In 2011, the federal government gave $550,000 toward the making of a documentary about how rock and roll contributed to the fall of the Soviet Union.
#47 The National Institutes of Health has contributed $55,382 toward a study of “hookah smoking habits” in the country of Jordan.
#48 The federal government gave $606,000 to researchers at Columbia University to study how heterosexuals use the Internet to find love.
#49 A total of $133,277 was recently given to the International Center for the History of Electronic Games for video game preservation. The International Center for the History of Electronic Games says that it “collects, studies, and interprets video games, other electronic games, and related materials and the ways in which electronic games are changing how people play, learn, and connect with each other, including across boundaries of culture and geography.”
#50 The federal government has given approximately $3 million to researchers at the University of California at Irvine to fund their "research" into video games such as World of Warcraft.
#51 In 2011, the National Science Foundation gave one team of researchers $149,990 to create a video game called “RapidGuppy” for cell phones and other mobile devices.
#52 In 2011, $936,818 was spent developing an online soap opera entitled “Diary of a Single Mom”. The show “chronicles the lives and challenges of three single mothers and their families trying to get ahead despite obstacles that all single mothers face, such as childcare, healthcare, education, and finances.”
#53 Last year, the federal government spent $96,000 to buy iPads for kindergarten students in Maine.
#54 The U.S. Postal Service once spent $13,500 for a single dinner at Ruth’s Chris Steakhouse.
#55 In 2011, the Air Force Academy completed work on an outdoor worship area for pagans and Wiccans. The worship area consists of “a small Stonehenge-like circle of boulders with [a] propane fire pit” and it cost $51,474 to build. The worship area is “for the handful of current or future cadets whose religions fall under the broad category of ‘Earth-based’, which includes Wiccans, druids and pagans.” At this point, that only includes 3 current students at the Air Force Academy.
#56 The National Institutes of Health once gave researchers $400,000 to study why gay men in Argentina engage in risky sexual behavior when they are drunk.
#57 The National Institutes of Health once gave researchers $442,340 to study the behavior of male prostitutes in Vietnam.
#58 The National Institutes of Health once spent $800,000 in “stimulus funds” to study the impact of a “genital-washing program” on men in South Africa.
#59 The National Science Foundation recently spent $200,000 on a study that examined how voters react when politicians change their stances on climate change.
#60 The federal government recently spent $484,000 to help build a Mellow Mushroom pizzeria in Arlington, Texas.
#61 At this point, China is holding over a trillion dollars of U.S. government debt. But that didn’t stop the United States from sending 17.8 million dollars in foreign aid to China in 2011.
#62 The U.S. Department of Agriculture gave the largest snack food maker in the world (PepsiCo Inc.) a total of 1.3 million dollars in corporate welfare that was used to help build "a Greek yogurt factory in New York."
#63 The National Science Foundation recently gave a whopping $697,177 to a New York City-based theater company to produce a musical about climate change.
#64 The federal government once shelled out $2.6 million to train Chinese prostitutes to drink responsibly.
#65 The U.S. Department of Agriculture once handed researchers at the University of New Hampshire $700,000 to study methane gas emissions from dairy cows.
#66 The federal government has spent $175,587 "to determine if cocaine makes Japanese quail engage in sexually risky behavior".
Thursday, June 20, 2013
Monday, June 17, 2013
NUMBER OF HOMICIDES IN CHICAGO IN 2012
June 10, 2013
NUMBER OF PEOPLE SHOT IN CHICAGO IN 2011
NUMBER OF PEOPLE SHOT IN CHICAGO AS IN 2012
Saturday, June 15, 2013
I learned long, long ago I chose great parents. Dad loved to eat fresh fish!.
Dad always tried to get us into the rough stuff. He did good.
Dad seldom, very seldom ever missed what he was shooting at. This wasn't his day.
They dug this up on the Kenyan. Priceless. Check it out.
Who said it?
Friday, June 14, 2013
In the 40 years since I was attending Oglala Community High School nothing has changed. The cycle of poverty, government dependancy and lack of moral courage is obvious to all.
The question is very simple, so simple in fact that it’s almost universally rejected as simplistic. How bad does Pine Ridge want change? How tired are Ridgers of their own personal insanity, not to mention everyone else around them? How desperate are they to push through the pain to the other side? Only they can answer these questions. Not you, not I.
Thursday, June 13, 2013
Can you hear the French and the Brits? Think the IDF has a plan?
It's all about the money folks. The natural gas for Qatar, the US military industrial complex, defense spending (lobbyists) and as we all know, anything, absolutely anything to straighten out the domestic issues facing the White House these days.
I reckon the community organizer has gotten in over his head. This ought to get good. I wish all the best to Mr. Snowden. Chairman Mike Rogers of Michigan sounds like an idiot on speaking about Mr. Snowden tonight. For God's sake, who would risk the death penalty or life in prison in order to inflate their resume? Who are you going to believe, a whistle blower dropout or a Congressman? So, the NSA hires flunkies and dropouts? There are over 1 million with top security clearance. That's one million who understand the corruption going on.
Wednesday, June 12, 2013
Monday, June 10, 2013
The sheep have been properly and thoroughly conditioned and brainwashed, which is why they continue to get precisely the government they so rightfully deserve.
Sunday, June 09, 2013
It's been a couple of years Dad. I miss you. We miss you. Many miss you.
Thank you for your effort, courage, humor and style. It was a good run all things considered.
Douglas Eugene Parisian.
I love you. Give Mom my best.
Douglas retired from the Bureau of Indian Affairs as a Criminal Investigator in 1985 in Crow Agency, Montana and spent his retirement years in Spicer, Minnesota up until April of 2010 when he moved back to Waubun, Minn., the town where he was born and raised on the White Earth Indian Reservation.
Friday, June 07, 2013
As well, the number of American households on foodstamps, which rose to a new all time high of 23,116,441 (each collecting an average of $274.30 per month) that perfectly explained the Dow Jones' 200 point surge higher: the transfer of wealth from the poor and middle-classes to the 1% continues without a hiccup.
There is one problem: Obama is lying.
Here's wishing you much success ahead in this new chapter.
Here are just some of Dr. Burry's great quotes. They probably ring more true today.
"Ben Bernanke continues to backfill this logic and I fear that history is being written wrong yet again that ignorance is willful. Our nation's economic policies are born of a synthesis of theories on how to deal with the great depression of the nineteen thirties yet seem unable to honestly examine the most recent one. Sadly at the highest levels of economic thought in government questions are not tolerated. It is as if we are dealing with the binary judgment of a fundamentalist religion. Finance theory and practice fare no better; the continuing crisis makes a mockery of the principles which have guided credit policy and risk management since the 1960s. As it turns out information is not perfect, volatility does not define risk, markets are not efficient, the individual is adaptable. But the dark ages of finance allow no such light. Mainstream economists and finance practitioners please check your premises. You have contradictions before you. Truthfully I do not expect much to change. Practically speaking, history has demonstrated the ability of sovereign nations to justify themselves and to postpone the moment of crisis."
Thursday, June 06, 2013
Verizon? Nope, not our guys. That was the Brits.
IRS? Nope, not our guys. The IRS broke their own scandal with a planted question.
The Justice Department's seizure of Associated Press phone records? Nope, not our guys. Believe it or not, the Associated Press didn’t even break that story. Like the IRS, we only found out because the Justice Department sent a letter notifying the AP of what it had done.
Benghazi? Are you kidding. With a couple of rare exceptions (Jake Tapper, Sharyl Attkisson) the media have spent the last eight months attacking those seeking the truth (Congress, Fox News)--not seeking the truth. It was the GOP congress that demanded the email exchanges concerning the shaping of the talking points, not the media.
Left up to the media, we wouldn't know anything about Libya. All of the media's energy was collectively poured into ensuring the truth was never discovered.
For over a year now, conservative Tea Party groups have been complaining about IRS harassment. But because Obama told them to, the media hate the Tea Party. So in the face of these complaints and even a few Congressional inquiries, the media ignored the harassment reports.
Such information is "a critical tool in protecting the nation from terrorist threats to the United States," the official said, speaking on the condition of not being named.
Wednesday, June 05, 2013
It was disgusting. State government, county government, government in general, the employees have zero incentive to be in a hurry.
What a waste of taxpayers time and hence money. It was ugly.
Tuesday, June 04, 2013
The details according to a White House Publicist:
- Reagan, Lincoln, and 8 others tied for first,
- 15 presidents tied for second,
- 17 other presidents tied for third,
- Jimmy Carter came in 4th, and
- Obama came in fifth
My bet is simple. Bernanke exits the Fed and goes to Goldman Sachs for $30 million a year and all will be well.
Monday, June 03, 2013
This will continue until it doesn't. I don't even see a healthy floor under the "whoosh" and the HFT crowd should make sure it gets way over-done.
Ugly is coming.