Today's Tids Issue 3,161
Opening Stuff:
The kids are getting
ready for school, some going back to the educational grind in less than a
week. What’s with this late August return to the books? Everything used to
start after Labor Day. Maybe it’s to get a head start on snow days. Or maybe it’s
because there aren’t enough private sector union members left to properly celebrate
labor. Whatever it is, it certainly cuts into the businesses based on family
tourism. The way I read it is that what used to be a 10 week high business season
is now nine. Because of Boards of Education, businesses have lost 10% of their
money making opportunity.
A tip-o-the-Tids-Cap to the mighty USS Saratoga Aircraft carrier, which as I type is
being towed out of port, under the bridge, down the passage and out to sea. It’s
final destination, the scrap heap. It’s sad to think that a such a proud
warship must submit such an inglorious end. Sara, as it was known, spent a lot
of time in the Mediterranean, pushing the envelope, tempting various “Lines of
death” as established by various and sundry Middle East Tyrants. The great lady
fought in the Viet Nam war and also Dessert Storm. From the grandeur of its
birth in the early 1950’s to today where it is classified as a piece of junk
metal, it was ageat life withan ignominious end. But, we know there’s a heart
in there somewhere. which I expect accompany it in its next life.
As Long Term Disability
Insurance & Care premiums soar beyond comprehension, I’m hearing that
the management of Smith & Wesson have decided to offer a new kind of plan.
It’s called the Silver bullet Solution.
The Question:
10 Stocks valued at a total of $89 Billion Dominate Warren
Buffet’s Portfolio. What are they? Bonus:
In which city are people the most honest? The least honest?
The Headlines:
--Stocks Hovering Awaiting Fed Meeting Minutes.
--Israel Steps Up Air Strikes As Gaza Buries Dead.
--Islamic Militants Post Video Showing Alleged Beheading Of
US Journalist James Foley; Speaker Says US Journalist Steven Sotloff Would Be
Next depending How US Reacts in Iraq.
--Apple Reaches All Tin-me Split Adjust Intraday High Of 100.53.
--Johnny Football Gets Finger From Cleveland Browns Coach As
Hoyer Is Named Starting QB.
--New Lawsuit Says White House Conspired With Government
Agencies To Stonewall Delivery Of Requested Documents.
--Heroshima Landslides Kill Nearly 45.
--North Korea Lashes Out With Insults Against John Kerry’s
Looks; Says He Is Wolf With Face Of A
Sheep.
One thing I have
always liked is walking by small, backwater inlets from the sea, rock lined
coves or quiet marshes, with simple wooden skiffs tied to old wooden posts, meandering
to the changing tides
The latest about the Ferguson
mess is that the shooter Cop Darren Wilson first suffered an “Orbital
Blowout fracture the eye socket” allegedly (NY Post) from a bone crunching punch
delivered by the marauding, the very large, often intimidating teenager
subsequently shot, Michael Brown. So it is not as clear cut as reported by our disingenuous
media. A good cop, and by all accounts Wilson was a very good cop, does not
just shoot a person for sport. There has always been more to this, but a biased
media doesn’t take time to learn facts before accusing.
Calling the DC football team “Washington”, is far
more offensive than calling it Redskins.
The NFL in its attempt
to create more offense maybe giving up one of the more beautiful aspects of
the game, a solid rough and tumble “D”. Are they giving up the total beauty of
the game to succumb to American glitz and frivolity; and concepts of welfare?
The league has taken away the weapons of courageous defenders, thus creating
entitlements for pass catchers and their heroic quarterbacks. That wonderful tension
that only comes when the offense is faced with the impossibility of overcoming an
immovable defense, may be coming to an end. For what? Let’s hope it wasn’t because
super star Peyton Manning was whining again.
The Pundits are
saying that if the cameras are turned off and the reporters close their
note pads in Furguson, the agitators and the imported looters will leave, and
there will be peace and rational discussion. So I have decided to stop watch anything
about it as a start to the peace process.
Apple is at its all
time high! That’s either good news or bad. It either means that room for
growth has diminished and the future is murky, or that the lower price after
splitting has stimulated buying by more people who always wanted a piece of the
action in the past but couldn’t afford it.
The Answer:
Warren’s biggest holding is Wells Fargo - $25.4Bil. Next is Coca
Cola ($16,9), American Express ($14.4), IBM ($12.7), Wal-Mart ($4.4), P&G
($4.1), Exxon-Mobil ($4.1), US Bancorp ($3.5), Moodys ($2.2) and Goldman Sachs
($2.1). Bonus: To get a handle on
Honesty in America, a Group called “Honesty in America” set up Kiosks in 60
cities from Hawaii to the East Coast. Each kiosk offered Iced Tea on the honor
system. A place for money was clearly visible. Honolulu was the highest at near 100%. Other
super honest places were Lake Geoirg Ny and Manchester Ct at 99%. Tennessee and
Alabama hit 98% while Nevada, Nebraska and Arkansas hit 97%. The average for
the nation was a very good 95%. Last year Washington Dc was worst. But this
year at a dismal 80%, the worst was Providence RI. Rhode Island, The “I can get
it for nuttin’ State”. Ouch
As I was driving
along the west shore of East Passage I good only wonder if I was dreaming. The
morning sun was low, but partially blocked by a low cloud, casting eerie
shadows, emitting reds and yellows reflecting upon the still, dawning waters. I
knew I was dreaming as I arose upon a hill that gave me a view of West Passage
and Zeke’s creek marsh; the waters seemed awash in a field of marshmallows. Or perhaps, was it
really heaven, a place where angels might play. It was a very low fog, but it
looked like God’s playground. Maybe it was a sign that I should start going to
church.
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