Dana Perino, last night brought up a very interesting term. The more I thought about it the more impressed I was with what all it entails. Today, we are in a tsunami of what she calls "economic cannibalism".
So who is being devoured? Who is the next meal for the insiders within the money machine and the hallowed halls of DC? Insiders in DC should be the next meal but they won't. With its astronomical homicide rate, half the fire hydrants not working, rats on the Mall and the schools a disgrace, DC will survive.
Being eaten is Main Street. Food for the machine is the small businesses of America. They are the cash cow, the buffet, the cafeteria of money that these goons think will never end. Yesterday Goldman Sachs announced stellar earnings after taking $10,000,000,000 in direct aid from the American taxpayer and fives times that amount in indirect aid from hard working tax paying Americans. America, you are being used and fed upon by the insiders.
Cap-n-trade and health-care reform are just more reasons for DC to take your money and redistribute it to the insiders. I wonder when America will have had enough of being swallowed, digested and expelled before they get a clue and turn the insiders agenda into the "menu"?
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.
Wednesday, July 15, 2009
Tuesday, July 14, 2009
Amazing numbers......
If over 33,000,000 are on food stamps and we support crop subsidies with tax dollars maybe the health care reform problem could be taken care of by having those on food stamps eat food that is produced in this country and very healthy.
Why do "rich" people have to care for those who won't and don't care for themselves by their unhealthy lifestyles? The incentives should be on prevention of bad health and encourage good health. These idiots have it backwards. It's like putting rehab before education.
July 9 (Bloomberg) -- The U.S. House of Representatives approved a $123.8 billion budget for the Agriculture Department and the Food and Drug Administration that boosts food-safety funding and eliminates money for animal identification.
Discretionary spending would jump by 11 percent to $22.9 billion for the year that begins Oct. 1 under the bill approved today in a 266-160 vote. The rest of the budget funds programs whose spending is mandated by law, such as crop supports and
land conservation. About half of the budget covers food stamps, which went to a record 33.8 million people in April.
FDA spending would increase by 15 percent to $2.35 billion. Overall, funds allotted for the two agencies would rise 6.5 percent from this year’s spending as estimated by the White House, as wider use of government nutrition programs and increased efforts to improve food safety draw additional federal dollars.
The bill is “responsible agriculture legislation that encourages long-term growth,” Representative Rosa DeLauro said yesterday as she introduced the measure on the House floor. The Connecticut Democrat is chairwoman of the House Appropriations
subcommittee that oversees agriculture spending.
Opponents, mostly Republicans, questioned the bill’s cost. “What this bill does not have is decreases in spending,” said Representative Jack Kingston of Georgia, the top Republican on DeLauro’s subcommittee, who voted against the measure.
Why do "rich" people have to care for those who won't and don't care for themselves by their unhealthy lifestyles? The incentives should be on prevention of bad health and encourage good health. These idiots have it backwards. It's like putting rehab before education.
July 9 (Bloomberg) -- The U.S. House of Representatives approved a $123.8 billion budget for the Agriculture Department and the Food and Drug Administration that boosts food-safety funding and eliminates money for animal identification.
Discretionary spending would jump by 11 percent to $22.9 billion for the year that begins Oct. 1 under the bill approved today in a 266-160 vote. The rest of the budget funds programs whose spending is mandated by law, such as crop supports and
land conservation. About half of the budget covers food stamps, which went to a record 33.8 million people in April.
FDA spending would increase by 15 percent to $2.35 billion. Overall, funds allotted for the two agencies would rise 6.5 percent from this year’s spending as estimated by the White House, as wider use of government nutrition programs and increased efforts to improve food safety draw additional federal dollars.
The bill is “responsible agriculture legislation that encourages long-term growth,” Representative Rosa DeLauro said yesterday as she introduced the measure on the House floor. The Connecticut Democrat is chairwoman of the House Appropriations
subcommittee that oversees agriculture spending.
Opponents, mostly Republicans, questioned the bill’s cost. “What this bill does not have is decreases in spending,” said Representative Jack Kingston of Georgia, the top Republican on DeLauro’s subcommittee, who voted against the measure.
Money and power, hey throw in some greed and........
If only the SEC would move this quickly on the Wall Street thieves (Milken, Chanos, Cohen et al) as they did on the Russian (ex-Goldman employee) that "stole" the Goldman Sachs “Proprietary Trading software” (it took the FBI 48 hours to apprehend him after Goldman alerted them) or as quickly to implement rules to stop abusive naked shortselling as they did this theft.
The sheep eaters have plenty to pick from on Wall Street and America's regulators stand by and watch.
The sheep eaters have plenty to pick from on Wall Street and America's regulators stand by and watch.
Be a meat eater or be a meal, your call............
William J. Bennett, in a lecture to the United States Naval Academy on November 24, 1997 said: “Most of the people in our society are sheep. They are kind, gentle, productive creatures who can only hurt one another by accident.” We may well be in the most violent times in history but violence is still remarkably rare. This is because most citizens are kind, decent people who are not capable of hurting each other except by accident or under extreme provocation. They are sheep.
Then there are the wolves and the wolves feed on the sheep without mercy. Do you believe there are wolves out there who will feed on the flock without mercy? You’d better believe it. There are evil men in this world and they are capable of evil deeds. The moment you forget that or pretend it is not so, you become a sheep. There is no safety in denial.
Then there are sheepdogs and I’m a sheepdog. I live to protect the flock and confront the wolf. If you have no capacity for violence, then you are a healthy productive citizen, a sheep.
If you have a capacity for violence and no empathy for your fellow citizens, then you have defined an aggressive sociopath, a wolf. But what if you have a capacity for violence and a deep love for your fellow citizens? What do you have then? A sheepdog – a warrior – someone who is walking the uncharted path – someone who can walk into the heart of darkness, into the universal human phobia, and walk out unscathed.
Then there are the wolves and the wolves feed on the sheep without mercy. Do you believe there are wolves out there who will feed on the flock without mercy? You’d better believe it. There are evil men in this world and they are capable of evil deeds. The moment you forget that or pretend it is not so, you become a sheep. There is no safety in denial.
Then there are sheepdogs and I’m a sheepdog. I live to protect the flock and confront the wolf. If you have no capacity for violence, then you are a healthy productive citizen, a sheep.
If you have a capacity for violence and no empathy for your fellow citizens, then you have defined an aggressive sociopath, a wolf. But what if you have a capacity for violence and a deep love for your fellow citizens? What do you have then? A sheepdog – a warrior – someone who is walking the uncharted path – someone who can walk into the heart of darkness, into the universal human phobia, and walk out unscathed.
Monday, July 13, 2009
Just like an American Indian reservation.........
Did you know that 50% of deaths of Russians between the ages 15 to 54 are attributed to alcoholism?
That Russian future is bleak.
Extremely sad for the people who are impacted. Very sad.
That Russian future is bleak.
Extremely sad for the people who are impacted. Very sad.
SEC, politicians and media pundits please read carefully
THE 5-MINUTE VERSION OF EXPLAINING ABUSIVE NAKED SHORT SELLING (ANSS) FRAUDS
1) The DTC through their “nominee” Cede and Co. “volunteers” to act as the surrogate “legal owner” of all shares held in “street name” ostensibly to “streamline” the trade clearing process.
2) UCC-Article 8 authors warn the DTC and its co-owning “participants” not to “lever” this role over the financial interests of the purchasers of shares who have been stripped of their “legal ownership” title and rights.
3) The DTC replies, “Are you kidding, NONE of our many thousands of “participants” would ever dream of taking advantage of U.S. investors”.
4) The purchasers of delivered shares thus become the “beneficial owners” of shares instead of their “legal owners”.
5) The purchasers of undelivered shares on midnight of T+3 become “security entitlement holders” to shares presumed to be en route.
6) UCC-8 dictates that both groups be treated exactly the same because delivery is presumably due at any moment (the default presumption).
7) The purchasers of shares who are the most motivated to make sure they got delivery of that which they purchased therefore become blindfolded as to whether the shares they bought ever got delivered or not because UCC-8 mandates that their clearing firm treat them as if they did get delivered. This policy is fine as long as the default presumption is accurate 100% of the time.
9) Due to this policy all FTDs and all SBP “borrows” result in the “issuance” of share price depressing “security entitlements” being credited to the accounts of even the purchasers of undelivered shares (presumed until proven otherwise to be en route).
10) The DTCC over time attains a monopoly on 15 of the 16 sources of empowerment to do buy-ins by “volunteering” to act in certain capacities like the “central counterparty “CCP” to all transactions and as a “qualified control location” able to attain and grant compliance with “The Customer Protection Rule” (15c3-3).
11) The fear of a buy-in is the only deterrent and a “buy-in” is the only cure available when the seller of shares absolutely refuses to voluntarily deliver them to the purchaser.
12) Opportunistic crooks realize that refusing to deliver that which they sold both establishes and monetizes a naked short position.
13) The crooks refuse to deliver that which they sold and their employees the NSCC management predictably refuse to deploy the only deterrent and only cure available even after the default presumption was proven to be in error.
14) The share price crashes from the accumulation of readily sellable share price depressing “security entitlements” which MANIPULATES the “supply” of that which is readily sellable upwards.
15) The crooks are only asked to “collateralize” on a daily marked to market basis the monetary value of the failed delivery obligation which is accomplished almost entirely with the investor’s money i.e. the crooks have no “skin in the game”.
16) Even though the sellers refuse to deliver that which they sold the buyer’s investment funds still flow to the sellers of nonexistent securities because as the share price predictably plummets so too do the collateralization requirements.
17) As per the wishes of their bosses the NSCC management has simply shirked their congressional mandates in order to look after the financial interests of their bosses.
1) The DTC through their “nominee” Cede and Co. “volunteers” to act as the surrogate “legal owner” of all shares held in “street name” ostensibly to “streamline” the trade clearing process.
2) UCC-Article 8 authors warn the DTC and its co-owning “participants” not to “lever” this role over the financial interests of the purchasers of shares who have been stripped of their “legal ownership” title and rights.
3) The DTC replies, “Are you kidding, NONE of our many thousands of “participants” would ever dream of taking advantage of U.S. investors”.
4) The purchasers of delivered shares thus become the “beneficial owners” of shares instead of their “legal owners”.
5) The purchasers of undelivered shares on midnight of T+3 become “security entitlement holders” to shares presumed to be en route.
6) UCC-8 dictates that both groups be treated exactly the same because delivery is presumably due at any moment (the default presumption).
7) The purchasers of shares who are the most motivated to make sure they got delivery of that which they purchased therefore become blindfolded as to whether the shares they bought ever got delivered or not because UCC-8 mandates that their clearing firm treat them as if they did get delivered. This policy is fine as long as the default presumption is accurate 100% of the time.
9) Due to this policy all FTDs and all SBP “borrows” result in the “issuance” of share price depressing “security entitlements” being credited to the accounts of even the purchasers of undelivered shares (presumed until proven otherwise to be en route).
10) The DTCC over time attains a monopoly on 15 of the 16 sources of empowerment to do buy-ins by “volunteering” to act in certain capacities like the “central counterparty “CCP” to all transactions and as a “qualified control location” able to attain and grant compliance with “The Customer Protection Rule” (15c3-3).
11) The fear of a buy-in is the only deterrent and a “buy-in” is the only cure available when the seller of shares absolutely refuses to voluntarily deliver them to the purchaser.
12) Opportunistic crooks realize that refusing to deliver that which they sold both establishes and monetizes a naked short position.
13) The crooks refuse to deliver that which they sold and their employees the NSCC management predictably refuse to deploy the only deterrent and only cure available even after the default presumption was proven to be in error.
14) The share price crashes from the accumulation of readily sellable share price depressing “security entitlements” which MANIPULATES the “supply” of that which is readily sellable upwards.
15) The crooks are only asked to “collateralize” on a daily marked to market basis the monetary value of the failed delivery obligation which is accomplished almost entirely with the investor’s money i.e. the crooks have no “skin in the game”.
16) Even though the sellers refuse to deliver that which they sold the buyer’s investment funds still flow to the sellers of nonexistent securities because as the share price predictably plummets so too do the collateralization requirements.
17) As per the wishes of their bosses the NSCC management has simply shirked their congressional mandates in order to look after the financial interests of their bosses.
On hold until 2010
TED NUGENT's 'Runnin' Wild' Pushed Back To Early 2010
According to TheFutonCritic.com, CMT has pushed the planned August launch of "Runnin' Wild...From Ted Nugent" to early 2010.
"Runnin' Wild...From Ted Nugent" is an eight-episode competition series in which iconic rocker, hunter and modern-day Davy Crockett, Ted Nugent, teaches ordinary people how to survive in the wild, and then evade the master... Nugent himself. It will feature competitors who struggle in wilderness-based endurance challenges created by Nugent and his eighteen-year-old son, Rocco, with only one competitor emerging as the winner.
"Ted is the ultimate outdoorsman and all-around wildman," said Bob Kusbit, head of development for CMT. "This series takes us inside Ted's head as he trains competitors to survive in the wilderness, creates challenges to test their abilities and mentally pushes them to their breaking points. It's a game of cat and mouse that showcases the strategy and skill of outdoor survival, as only Ted can do."
"Eric and I couldn't be happier in extending our relationship with CMT. This series incorporates action, drama and comedy with an over the top character in Ted out front." said Jason Hervey.
In each one-hour episode of "Runnin' Wild...From Ted Nugent", Nugent instructs three competitors on one of what he calls the "Big Five of Survival," which include psychology of Survival, Shelter, Water, Fire and Food, and will then design an obstacle centered on that skill. The lessons learned in each episode will be put to the test in the "big hunt," as the competitors try to survive on their own, all while Nugent and Rocco attempt to hunt them down. In this twist on the competition/elimination format, Nugent will determine the outcome himself at the end of each episode.
Detroit-born Ted Nugent first grabbed America's attention as the Gibson Byrdland-wielding lead guitarist of the band AMBOY DUKES. After almost a decade together, Nugent left AMBOY DUKES to pursue a solo career. As a solo musician, Nugent has sold over 35 million albums, which include hits such as "Stranglehold", "Spirit of the Wild" and "Cat Scratch Fever". In recent years, Nugent has become widely acknowledged as a hunter and conservationist. In recognition of his prowess, Nugent was inducted into the National Bowhunters Hall of Fame in 2009. A devoted hunter since the age of five, for Nugent, hunting is not a sport...it's a way of life. As America's top proponent of the Second Amendment, Nugent has served on the Board of Directors of the National Rifle Association (NRA) since 1995.
"Runnin' Wild...From Ted Nugent" is executive-produced by Eric Bischoff and Jason Hervey of Bischoff Hervey Entertainment, as well as Steve Bowler, Bret Saxon and Jeff Bowler of Insomnia Media. Bob Kusbit, John Hamlin and Claire McCabe will executive-produce for CMT.
According to TheFutonCritic.com, CMT has pushed the planned August launch of "Runnin' Wild...From Ted Nugent" to early 2010.
"Runnin' Wild...From Ted Nugent" is an eight-episode competition series in which iconic rocker, hunter and modern-day Davy Crockett, Ted Nugent, teaches ordinary people how to survive in the wild, and then evade the master... Nugent himself. It will feature competitors who struggle in wilderness-based endurance challenges created by Nugent and his eighteen-year-old son, Rocco, with only one competitor emerging as the winner.
"Ted is the ultimate outdoorsman and all-around wildman," said Bob Kusbit, head of development for CMT. "This series takes us inside Ted's head as he trains competitors to survive in the wilderness, creates challenges to test their abilities and mentally pushes them to their breaking points. It's a game of cat and mouse that showcases the strategy and skill of outdoor survival, as only Ted can do."
"Eric and I couldn't be happier in extending our relationship with CMT. This series incorporates action, drama and comedy with an over the top character in Ted out front." said Jason Hervey.
In each one-hour episode of "Runnin' Wild...From Ted Nugent", Nugent instructs three competitors on one of what he calls the "Big Five of Survival," which include psychology of Survival, Shelter, Water, Fire and Food, and will then design an obstacle centered on that skill. The lessons learned in each episode will be put to the test in the "big hunt," as the competitors try to survive on their own, all while Nugent and Rocco attempt to hunt them down. In this twist on the competition/elimination format, Nugent will determine the outcome himself at the end of each episode.
Detroit-born Ted Nugent first grabbed America's attention as the Gibson Byrdland-wielding lead guitarist of the band AMBOY DUKES. After almost a decade together, Nugent left AMBOY DUKES to pursue a solo career. As a solo musician, Nugent has sold over 35 million albums, which include hits such as "Stranglehold", "Spirit of the Wild" and "Cat Scratch Fever". In recent years, Nugent has become widely acknowledged as a hunter and conservationist. In recognition of his prowess, Nugent was inducted into the National Bowhunters Hall of Fame in 2009. A devoted hunter since the age of five, for Nugent, hunting is not a sport...it's a way of life. As America's top proponent of the Second Amendment, Nugent has served on the Board of Directors of the National Rifle Association (NRA) since 1995.
"Runnin' Wild...From Ted Nugent" is executive-produced by Eric Bischoff and Jason Hervey of Bischoff Hervey Entertainment, as well as Steve Bowler, Bret Saxon and Jeff Bowler of Insomnia Media. Bob Kusbit, John Hamlin and Claire McCabe will executive-produce for CMT.
Tuesday, July 07, 2009
Banks and bankers..........
At best, gutless, at worst, thieves.
Hundreds of billions of stimulus, impeccable credit and the largest banks in the country back away from the simplest of credit lines. No wonder this country is in such a mess. This sham is taking us further along the direction we are headed.
Care to guess which direction that is?
Hundreds of billions of stimulus, impeccable credit and the largest banks in the country back away from the simplest of credit lines. No wonder this country is in such a mess. This sham is taking us further along the direction we are headed.
Care to guess which direction that is?
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