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, August 24, 2015
Friday, August 21, 2015
Thursday, August 20, 2015
Doesn't it make you wonder what part of "Take a frickin hike" these conventional politicians aren't getting?
I guess just blame the American public for agreeing to be swindled and manipulated by one liar after another, all of whom promise change yet end up merely perpetrating the broken, corrupt system they inherit.
The Republic is lost. Look around you today. Open your eyes.
Come to think of it, if I had some time today I would love to get a film crew out to a busy intersection anywhere in Atlanta and hold up a big sign that says, "FREELOADER, ABLE-BODIED NON-WORKING FOOD STAMP EATING, OBAMA VOTER NEEDS $$$$"
Imagine the hilarity. The new way to get rich.
Like being a banker getting fed billions upon billion at near zero cost from the FED!
Wednesday, August 19, 2015
There is no work, to my knowledge, that establishes a link from QE to the ultimate goals of the Fed inflation and real economic activity. Indeed, casual evidence suggests that QE has been ineffective in increasing inflation. For example, in spite of massive central bank asset purchases in the U.S., the Fed is currently falling short of its 2% inflation target. Further, Switzerland and Japan, which have balance sheets that are much larger than that of the U.S., relative to GDP, have been experiencing very low inflation or deflation.
A Taylor-rule central banker may be convinced that lowering the central bank's nominal interest rate target will increase inflation. This can lead to a situation in which the central banker becomes permanently trapped in ZIRP. With the nominal interest rate at zero for a long period of time, inflation is low, and the central banker reasons that maintaining ZIRP will eventually increase the inflation rate. But this never happens and, as long as the central banker adheres to a sufficiently aggressive Taylor rule, ZIRP will continue forever, and the central bank will fall short of its inflation target indefinitely. This idea seems to fit nicely with the recent observed behavior of the worldís central banks.
So in sum, the vice President of the St. Louis Fed has taken a look around and discovered that in fact, not only have trillions in asset purchases not worked when it comes to creating "healthy" inflation and boosting growth in the US, these asset purchases haven't workedanywhere they've been tried. Furthermore, he's noticed that central bankers that adhere, in a perpetual state of Einsteinian insanity, to the Taylor principle, will never be able to raise rates and finally, he thinks that the more the Fed talks, the more confused the public gets about what it is the central bank intends to do.Thus, the Fed's forward guidance experiments after the Great Recession would seem to have done more to sow confusion than to clarify the Fed's policy rule.
Thursday, August 13, 2015
I remember one instance when he missed a whitetail deer that was running and after he emptied his rifle I killed it. I was sure I had thumped the doe in the heart only to get up the hill into a snow bank and see that it had been hammered high in the neck. So much for my shooting prowess!
Anyway, on the second anniversary of the thuggery over in Ferguson I want to comment on how Dad would have probably handled things back in the day. Dad had been nearly killed by a sniper while driving in his patrol car and didn't take kindly to having guns pointed his way.
If you point a gun, any kind of gun, at a cop there is a high likelihood of getting shot at, or worse yet, shot, or worse yet, killed.
Point a gun at a cop you probably might or should become victim.
That's the Dad in me talking. Did I miss anything?
WARNING! SCAM ALERT! Be on the lookout for these two women. They are hanging out around the Target and Wal-Mart parking lots.
When you're putting your groceries away they ask you for a ride to McDonalds!
They are very convincing and very hot! Once in your car this one takes her clothes off and starts climbing all over you,while she keeps you busy, the other one takes your wallet.
I've had mine taken on the 7th, 8th, 10th and twice yesterday. Probably two more times tomorrow. Wal-Mart has wallets for $2.99, but I found some at the dollar store for .99¢ so I bought all they had. These two harlets not only take your wallet, but you never even make it to McDonald's so I've already lost 11lbs. Keep a lookout for them ( I find lunch time and around 5:30 are the best times).