Today's Tids Issue 3,007
Opening Stuff:
It looks like our investment portfolios will be at the mercy of the Fed, at least for the first half of the year. Yesterday's downturn at least in part was due to questions now emerging as to the effect on the market of The Fed selling off assets (That's a nice way of saying, turning off the welfare spigot for the gimmie crowd on Wall Street.) No matter how anybody views it, the eleimination of $85 Billion a month in free money flowing into the US economy has to have a major effect, no matter how the economy is doing statistically or whether the unemployment number has dipped below the suggest target 6.5. So, maybe by June we will have seen the effects of the turned off tap, and we can run the markets again without outside influence. Til then, reef in the sails and be prepared for chop.
Time to start cutting the doilies -- It's just one month til Valentines Day.
There are two ways to look att he word "Big" in the phrase Big Governemnt. Some will say that the "Big" is in the mammoth unwieldy body of decent people, necessary to perfom certain tasks for the citizens, but probably with at least twice as many people as necessary. Others define "Big" as in smothering, taking away individualism and self determination, getting much to much involved in daily living, creating intimidation purely for the sake of the mammoth's continued growth and encroachment. One big just costs money; The other costs much more -- loss of freedom.
The Question:
The Heisman Trophy in essence is a symbol of the difference between college and NFL football. Many truly great college stars don't make it at all in the Pros. Name the top 10 disappointments?
The Headlines:
--Markets Bounce Back...Slightly; Big Players Still Waiting for Key Earnings Reports.
--In Early Arguments, SC Appears Skeptical About Obama's Appointment Power.
--Congressional Negotiators Release Bipartisan Budget Bill Of $1.1 Trillion; Will Keep Gov Running Inefficiently Til October.
--US Appleals Court Stikes Down FCC Ruling Of Net Neutrality; Internet Providers Do Not Have To Treat Everybody Equally.
--OK For Charleston Area West Virginians To Use Water.
--New Ford 150 Pickup Is 90% Aluminum.
--Egyptians Voting On New Constitution.
--Israel Defense Minister Suggests Kerry's Call Fior Israel/Palestine Peace "Messianic And Obsessive"; US Gov Rebukes Israel.
--SC Refuses To Hear Appeal OF Arizona's Tough Law Banning Abortions After Twenty Weeks.
Movie stars and moguls like the to attach themselves to the famous and the infamous. A current darling in Glitterland is Jordon Belfort, an unctuous, banal human being who stole the savings of "little old women" and anybody else who succumbed to his nefarious charms,. He has been ordered to make restitution of $110.4 million. So far he has paid out $11.6 million. Upon release from prison he was ordered to pay back half of all his income going forward. He made $1,045,000 from the movie rights to his book and has paid out but $21,000. But Hollywood elite, including De Caprio and Scorsese want to give him a pass. They say he is a nice guy. All con men are nice guys -- that's their profession. The shallow will never grasp the ugliness of what this creep did to people.
Isn't it ironic that by the time a man reaches 70, the statistics say there are five women for every man.
There are two bigs in this human universe, each of them a factor in the disruption of daily living, each capable of dramatically changing the comfort of the world we knew -- Big Government and Big Finance.
Paranoia Department:
Maybe we should start adding "Big Internet" to the above Tid. Yetserday Google bought Nest. Nest is a thermostat company who's product allows you to adjust your home temps via Wifi. The device also learns the homeowners habits and can adjust automatically.to meet those needs. So now, indaddition to what Google already knows about ecvrybody, it will essentially know when a person comes down stairs in the morning. Couple that with an intelligent automatic coffee maker and ....? The issue is that massive amounts of once really personal info is beig colletced out there, and any time a government wnats access to it they can find a way to get it.
The most overused word these days is "Photobomb"! Photobomb may supplant "Selfie" as 2014's most oiverused non-essential word. A photo-bomb occurs is when a picture is interrupted by a crasher. It has become the new delight of celebrity reporting, and the giddy TV hosts. I guess we live in the era of short term fads.
The New England Patriots are loving going into the playoff game at Denver as the underdog. This weekend The Denver Broncos are picked to win by the largest margin in the two games played. The bookmakers have also posted Superbowl odds -- SF6-1; Denver, NE 7-1; Seattle 8-1.
On the RI gubernatorial front we had Repub cnadidate Alan Fung (A good Guy doing a good job as Mayor) making a barefaced mea culpa for his accidentally killing of a man while driving. On the other side we had Gina Raimondo officially announcing with a plan to bolster a RI business comeback, (It inclided a forgiveness of tuition loans for those graduates who promise to stay in the State with few jobs to work -- Right out of Cuomos new NY playbook). When asked specicfically about her plans to trim the 7% sales tax, she anaswered, "I have no quick answers for you today. (But) We need a plan. We need a plan. Duh!
It is interesting to note that Raimondo who had reformed the pension system for Public employees, and has been, and will be under relentless attack from those unions, had several Private union representatives at her side. The Biz manager of the Plumbers and Pipefitters said, "Many of us in private sector unions have dealt with our own pension problems -- We've had to make some of the changes she made. This is a can that was kicked down the road for too many years." Governments don't understand finite.
Did you notice yesterday that one of the big oft repeated news stories was that Pizza Hut was testing a new single slice strategy. America has it's priotirties right.
The Answer:
Number Ten is a tie between Matt Leinhart and Reggie Bush (Although Bush has had some fkashes). Next is Mike Rozier followed by Steve Spurrier, Howard "Hopalong" Cassady, Rashaan Salaam (Note this U. "Colorado" Grad had a marijuana problem! Say What!), Archie Griffin, Ron Dayne, Charles White, Terry Baker, and #1 Andre Ware. I expected to see Tim Tebow on or near the top of the list. Oh yeah, and Salaam had this to say on Marijuna, "That Marijuanna makes you lazy. Makes you not want to get up and workout. Makes you not motivated. It doesn't allow you to have positive thoughts."
Excuse me for talking so much about Football, but I start to get nervous, really excited and irrationally unstable about my team from now on til Sunday.
The Conscience will be rolling along again in fine style tomorrow.
Just consider me your affable checkout clerk at the local grocery store as I shout out with all of my unbearable elation, "Have a nice day!" An to my southern friends, "Have a nice day, y'all"
It looks like our investment portfolios will be at the mercy of the Fed, at least for the first half of the year. Yesterday's downturn at least in part was due to questions now emerging as to the effect on the market of The Fed selling off assets (That's a nice way of saying, turning off the welfare spigot for the gimmie crowd on Wall Street.) No matter how anybody views it, the eleimination of $85 Billion a month in free money flowing into the US economy has to have a major effect, no matter how the economy is doing statistically or whether the unemployment number has dipped below the suggest target 6.5. So, maybe by June we will have seen the effects of the turned off tap, and we can run the markets again without outside influence. Til then, reef in the sails and be prepared for chop.
Time to start cutting the doilies -- It's just one month til Valentines Day.
There are two ways to look att he word "Big" in the phrase Big Governemnt. Some will say that the "Big" is in the mammoth unwieldy body of decent people, necessary to perfom certain tasks for the citizens, but probably with at least twice as many people as necessary. Others define "Big" as in smothering, taking away individualism and self determination, getting much to much involved in daily living, creating intimidation purely for the sake of the mammoth's continued growth and encroachment. One big just costs money; The other costs much more -- loss of freedom.
The Question:
The Heisman Trophy in essence is a symbol of the difference between college and NFL football. Many truly great college stars don't make it at all in the Pros. Name the top 10 disappointments?
The Headlines:
--Markets Bounce Back...Slightly; Big Players Still Waiting for Key Earnings Reports.
--In Early Arguments, SC Appears Skeptical About Obama's Appointment Power.
--Congressional Negotiators Release Bipartisan Budget Bill Of $1.1 Trillion; Will Keep Gov Running Inefficiently Til October.
--US Appleals Court Stikes Down FCC Ruling Of Net Neutrality; Internet Providers Do Not Have To Treat Everybody Equally.
--OK For Charleston Area West Virginians To Use Water.
--New Ford 150 Pickup Is 90% Aluminum.
--Egyptians Voting On New Constitution.
--Israel Defense Minister Suggests Kerry's Call Fior Israel/Palestine Peace "Messianic And Obsessive"; US Gov Rebukes Israel.
--SC Refuses To Hear Appeal OF Arizona's Tough Law Banning Abortions After Twenty Weeks.
Movie stars and moguls like the to attach themselves to the famous and the infamous. A current darling in Glitterland is Jordon Belfort, an unctuous, banal human being who stole the savings of "little old women" and anybody else who succumbed to his nefarious charms,. He has been ordered to make restitution of $110.4 million. So far he has paid out $11.6 million. Upon release from prison he was ordered to pay back half of all his income going forward. He made $1,045,000 from the movie rights to his book and has paid out but $21,000. But Hollywood elite, including De Caprio and Scorsese want to give him a pass. They say he is a nice guy. All con men are nice guys -- that's their profession. The shallow will never grasp the ugliness of what this creep did to people.
Isn't it ironic that by the time a man reaches 70, the statistics say there are five women for every man.
There are two bigs in this human universe, each of them a factor in the disruption of daily living, each capable of dramatically changing the comfort of the world we knew -- Big Government and Big Finance.
Paranoia Department:
Maybe we should start adding "Big Internet" to the above Tid. Yetserday Google bought Nest. Nest is a thermostat company who's product allows you to adjust your home temps via Wifi. The device also learns the homeowners habits and can adjust automatically.to meet those needs. So now, indaddition to what Google already knows about ecvrybody, it will essentially know when a person comes down stairs in the morning. Couple that with an intelligent automatic coffee maker and ....? The issue is that massive amounts of once really personal info is beig colletced out there, and any time a government wnats access to it they can find a way to get it.
The most overused word these days is "Photobomb"! Photobomb may supplant "Selfie" as 2014's most oiverused non-essential word. A photo-bomb occurs is when a picture is interrupted by a crasher. It has become the new delight of celebrity reporting, and the giddy TV hosts. I guess we live in the era of short term fads.
The New England Patriots are loving going into the playoff game at Denver as the underdog. This weekend The Denver Broncos are picked to win by the largest margin in the two games played. The bookmakers have also posted Superbowl odds -- SF6-1; Denver, NE 7-1; Seattle 8-1.
On the RI gubernatorial front we had Repub cnadidate Alan Fung (A good Guy doing a good job as Mayor) making a barefaced mea culpa for his accidentally killing of a man while driving. On the other side we had Gina Raimondo officially announcing with a plan to bolster a RI business comeback, (It inclided a forgiveness of tuition loans for those graduates who promise to stay in the State with few jobs to work -- Right out of Cuomos new NY playbook). When asked specicfically about her plans to trim the 7% sales tax, she anaswered, "I have no quick answers for you today. (But) We need a plan. We need a plan. Duh!
It is interesting to note that Raimondo who had reformed the pension system for Public employees, and has been, and will be under relentless attack from those unions, had several Private union representatives at her side. The Biz manager of the Plumbers and Pipefitters said, "Many of us in private sector unions have dealt with our own pension problems -- We've had to make some of the changes she made. This is a can that was kicked down the road for too many years." Governments don't understand finite.
Did you notice yesterday that one of the big oft repeated news stories was that Pizza Hut was testing a new single slice strategy. America has it's priotirties right.
The Answer:
Number Ten is a tie between Matt Leinhart and Reggie Bush (Although Bush has had some fkashes). Next is Mike Rozier followed by Steve Spurrier, Howard "Hopalong" Cassady, Rashaan Salaam (Note this U. "Colorado" Grad had a marijuana problem! Say What!), Archie Griffin, Ron Dayne, Charles White, Terry Baker, and #1 Andre Ware. I expected to see Tim Tebow on or near the top of the list. Oh yeah, and Salaam had this to say on Marijuna, "That Marijuanna makes you lazy. Makes you not want to get up and workout. Makes you not motivated. It doesn't allow you to have positive thoughts."
Excuse me for talking so much about Football, but I start to get nervous, really excited and irrationally unstable about my team from now on til Sunday.
The Conscience will be rolling along again in fine style tomorrow.
Just consider me your affable checkout clerk at the local grocery store as I shout out with all of my unbearable elation, "Have a nice day!" An to my southern friends, "Have a nice day, y'all"
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