Today's Tids Isseu 3,510
Opening Stuff:
“If
you buy your 4th of July supplies at Wal-Mart,
you can celebrate your independent from Britain and dependence on China at the
same time”. I thought I’d start the day with a bad joke that is somewhat better
than the state of the financial markets. The object today is to smile and not
watch the ticker. How easy would it be if everybody just sucked it up and held
their stocks. See, life isn’t complicated at all, it’s just the outside influences
that divert a sound strategy. Do you need another joke yet?
Everybody
in global governments, high finance and corner offices
these days all of a sudden seems to be is racing madly trying to put a finger
in the dike. Frenzied money manipulation, job cutting and stock selling seem to
have taken over from the “Stay calm, it’s just a correction” mentality of a
mere couple of weeks ago.
With
Iran pumping like crazy again, their addition to
the oil supply could force prices down even lower, and push the potential per barrel
turn-around out farther. The negative way the oil prices are affecting global
growth, it appears that people will be paying less for gas while driving looking
for jobs. There are no vacuums in the real world.
Friar
Tuck
was a fast food cook.
The
Question:
Name the presidents who have been inaugurated on this
day, January 20. Bonus: Who are the
5, maybe 6, stars who make $20 Mil or more per movie?
The
Headlines:
--Dow Opened Down 300 Points; Continues Downward
To -430 By 11:00; Oil Drop Below 28 Grease Stock Skid; Gray Skies Ahead; Bears
Taking Hold.
--Taliban Gunmen Kill At Least 20 In Pakistan
University Attack.
--White House In Communication With Iraq Over
Kidnapped Americans.
--Russia Displaying New Military Might In Syria.
--Sanders Compares Hillary to Dick Cheney; Says She
Is In Wall Street’s Pocket.
--Ben Carson Suspends Campaign.
--ISIS Obliterates Oldest Christian Monastery; 1,400
Year Old Symbol Of Christianity Blasted Off The Earth; FBI Investigating Kent State
History Professor For Ties To ISIS.
--Inspector General Says Clinton Had Intel From
Most Secretive, Classified Programs On Her Unsecured Home Server; New Info of
Irresponsible Security Is Worse Than that Previously Reported.
--Palin Endorses Trump To Help Him With Iowa Tea
Party; John Wayne’s Daughter Jumps On Trump Stage Coach With Endorsement; Sarah’s
Oldest Son Arrested On Domestic Violence Charge.
My
doctor’s 11 year old son wondered why there was so
much commotion about the Eagles’ Frey: “The Eagles didn’t even make the
playoffs,” said the bewildered young man to a smiling Mom. Nice to see a boys heart
is in the right place.
Have
you wondered what would happen if the battery in
your keyless car fob died? From where I’m sting, it appears that you could not
start the car, much less get in it in the first place. There is no mechanical override
apparent to these eyes, or any searching I have done. Basically you are screwed
unless you carry an extra fob. Don’t you just love new technology.
So,
did you hear about the guy who got pulled over for
speeding? “What’s wrong Officer,” said the man with a innocent face. “You were
doing 60 in 40 mph zone,” came the authoritative reply, “Oh. I thought sixty
was the new forty!”
Leonard
DeCaprio makes $25 Million per movie. Yesterday he took the
stage to denounce Greed on Wall Street.
One
of the nice things aging couples realize is that they
lose their hearing, eyesight and walk with creaking legs, together.
I
like Bernie Sander’s Line as he talked about-his growth in
the polls: “We were 50 points behind the inevitable Democratic nominee. Well
guess what – the inevitable candidate ain’t so inevitable today.”
The
decline of the Stock Market doesn’t really have to be inevitable,
either.
For
several years now, the keen eyed economists of the Tids
Business Department have been following the changes in retailing, because it is
so dynamic these days, providing lots of fodder for writing. First, it has
become apparent that nobody is seriously buying until discounts get to 30%. Old
line department stores have sales continually, so that most products begin their
rack and shelf life discounted. (Some people feel that Kohls pays you to buy
there.) Today, in the latest big move that will continue to transform the
industry, Macy’s has announced a new venture, developing a store chain called “Backstage”.
It is designed to copy and compete with outlets like TJ Maxx and Nordstrom Rack.
Your local Macy’s may sport a new sign soon. Inside you’ll find merchandise at
80% off! Yikes. Macy’s and others will be surprising us a lot in the months and
years to come as they try to get the younger audiences, off-line!
Remember
IBM?
Union Carbide, Westinghouse, US Steel? Polaroid, Kodak, Paine Weber,
Woolworths, Eastern Airlines, TWA? Standard Oil, Pullman? EF Hutton? Blue chips
can make you blue.
The
Answer:
Jan 20 became the date for inaugurations with the second
election of FDR. All Presidents since FDR have stepped to the dais on a cold Jan
20 day, except the second terms for Ike, Ronald and 0-Man, (Jan 21 is used when
Jan 20 falls on a Sunday) Bonus: Lenny DeCaprio is tops at $25
Mil. He is followed by Sandra Bullock ($20M), Matt Damon ($20), Robert downy
Jr. ($20), Denzel Washington ($20 and almost there is Angelina Joli at $15-$20
mil/flick. I guess she is crying for equal pay. The $10-15 M are Dwayne
Johnson, Mark Wahlberg and Jennifer Lawrence. Those who will probably rise to
the upper strata for a given film would be Bradley Cooper, Ben Afleck, and Channing
Tatum.
Rodney
Dangerfield didn’t have a very good self image. In fact
he once, “Told his father he was tired of running around in circles. So he nailed
my other foot to the floor.” Ouch!
“I looked up my family tree and found three dogs
using it.”
“Somebody stole my car. I asked my wife if she saw
it was. She said no, but she got the license.”
“When I was a kid, my mother and father were
always moving. But, I tracked them down.”
“My wife always has sex with me for a purpose.
Last night it was to time an egg.”
“I got no respect from my father. I asked how to
fly a kite and he said run off a cliff.”
“Rodney came from a very tough neighborhood. The specialty
atg the local restaurant was broken leg of lamb.”
“When I was a kid in show business I was poor. I’d
go to orgies t eat the grapes.”
“I drink too much. The last time I gave a urine
sample it had an olive in it.”
I could go
on until 4:00 when the stock market closes, but my fingers are tired.
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