Tuesday, January 15, 2013

Greg Ball of New York

Wow.  A politician with some brains and chutzpah.

Congratulations Mr. Ball.  I wish there were more of you to go around.

As another former Air Force officer in politics, you are beast!!    This wind bag running your state as governor is a POS.

Obama and Lance share some common ground

Watch this series of clips in which Lance Armstrong repeatedly denies taking performance-enhancing drugs.

Lance is the best, LIESTRONG

Reminds me of Bill Clinton not having sex with that girl.

Sunday, January 13, 2013

Call it straight, call it B.S............

While on one hand the relentlessly rising total Federal student debt crossed $956 billion as of September 30, and was growing at a pace that will have put it over $1 trillion by the end of 2012, the one data point confirming the size, severity and ultimately bursting of this latest debt bubble was the disclosure in late November by the Fed that the percentage of 90+ day delinquent loans soared from under 9% to 11%  in one quarter. The "higher" educational system, which now includes such vaunted institutions of learning as study-in-your-pajamas.com and Everest University, is a huge racket that uses taxpayer guaranteed "student loans" (good luck getting water from the rocks that are debt-enslaved students, whether pre or post-bankruptcy), is a massive scam designed around job security and wage security for literally tens of thousands of "professors" (tenured or otherwise) and "deans."

In many respects, the higher education system mirrors the for-profit prison system in the U.S., where the average cost of a year of attendance at either institution is rising towards parity, and the U.S. taxpayer is ultimately on the hook for the costs of incarcerating or "educating" either the prisoner or student.

The prison and "college" subsidization needs to end. It's total, unmitigated bullshit.

Taxpayers should not be shelling out $40,000 per year to house prisoners who were sentenced to 3 years because some 19 year old had a dime bag of pot, and they certainly shouldn't be shelling out $50k to 200k so students can obtain a fine arts degree from the University of Pennsylvania or a vacuum tube repairman certificate from ITT Technical Institute.

I realize that taking many of the non-violent pot smokers out of prison and rejecting 50k taxpayer loans to students of educationconnection.com will adversely impact the for-profit Prison & Education scams (where wardens & deans get compensated based on headcount), but the shit has got to stop. Subsidization of banks, Wall Street, the defense contractors, the prison racketeering operation and the education scammers is out of control.

My question is: Why do the bankers insist you get an appraisal of the value of your home before you get a loan, but no one is appraising the value of these college degrees?

The moochers, leeches and parasites are in control. It's a dam joke from where I sit.

And my taxes are being wasted on it all

Friday, January 11, 2013

Herman Cain

I, I, I.    I give him a year on the flagship WSB and it will be "back when I WAS on air".

All talk, not enough grist.  Grist takes work.

It won't happen for the long haul.  Too much, I, I, I.

More can-kicking until we can't......

The debt owed by the US Government is over $16 TRILLION.

Putting that in context folks, if you were to put $100 bills in a pile and that pile of C-notes weighed 360,000,000 pounds, that friends would be $16 TRILLION. 

And these stooges in D.C. want to increase the debt. 

This quote pretty much sums up not only the present and future of US budget cuts, but everything else about the US:

  • PANETTA SAYS NO IDEA `WHAT THE HELL IS GOING TO HAPPEN' ON CUTS

Friday, January 04, 2013

NATIVE AMERICAN ADVISORS, INC.

Our only focus is to preserve and increase the net worth of our clients. We are not brokers or salesmen paid to generate fees and commissions for some brokerage outfit that only cares about their income and not a clients outcome.

Some days I wake up and can't believe my luck. I work to help my friends get ahead in their financial lives. Every week it seems I hear from somebody who was screwed over by a brokerage firm and they want independent advice without any conflicts-of-interest.

I still wonder how the brokers can stay in business, and figure that sooner or later the general public will have lost enough money to get a handle on it all but nope, not a chance. The public continues to get fleeced but it creates more clients for Chippewa Partners, Native American Advisors, Inc.      

Chippewa Partners. Doing the right things, the right way, for the right reasons for friends who don't have the time or training to manage serious investment portfolios. We do the homework for great clients around the world with a fiercely independent, fee-only approach.

Thursday, January 03, 2013

Mandaree, Pine Ridge, Crow Agency............


WELCOME 2013!

Yesterday we had a nice rally in the equity markets.  Okay, what's not to like besides my great friend in Boulder taking it on the chin with his massive put option position?  How could it be a surprise?
The sigh of relief was palpable that Congress did something, anything to address our fall over the "fiscal cliff", a rather lame term when compared to the FISCAL CRISIS coming soon.

If I were you, and I'm not, (you are the lucky one), I would not get too excited!

We raised taxes, we penalized those succeeding and we did it in a meaningful manner.

We did not cut the national debt as sung by the chorus across the airwaves. In fact, according to the Congressional Budget Office we decreased revenues by $3.6 trillion over ten years. We did not protect the middle class, but because of the expiration of the payroll tax decrease, Federal taxes will rise for 77% of all working Americans.  If you look at all the "pork" in the bill you might get hungry.

It's true folks, admit it.  Our government eats up wealth and shits out poverty.  Indian reservations are a great example.  Believe it.

In a nutshell, this bill (for those in Mandaree, Pine Ridge or Crow Agency) awarded non-working Americans at the expense of those who have jobs, who actually work.

The con game was (and is)  the continuation of postponement and avoidance and reckless governance of the nation we live in.  May the Creator shine on you and yours this year.

I still believe the best is yet to come.  I hope you do to.