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Guard Dog

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Everything posted by Guard Dog

  1. Hey, man, we have souls. The title to them may or may not be clouded by remainder interests subject to contractual conditions subsequent, but nearly every lawyer I know still retains present possessory rights of enjoyment of that particular asset. Except divorce lawyers. Even you have to admit they deserve a beating. Anyone who takes such cruel delight in the ruin and suffering of their fellow human beings deserves bad things. Eh, I think the malice comes from the divorcee's not the lawyers. You might gain a new perspective on that one day. I hope not. My wife and I were heading for a fairly peaceful split until she got that miserable money grubbing parasite of a lawyer.
  2. We'll I can't kick out the heavy drinker because I'd have to kick myself out too. The ones somking pot won't hurt anyone, the worst thing they'll do is eat all the chips & dip. Now the ones doing coke & acid, they might be trouble. There are many scenarios where it might become necassary to kick their asses so I'd rather head off trouble right away and show then the door right off.
  3. Hey, man, we have souls. The title to them may or may not be clouded by remainder interests subject to contractual conditions subsequent, but nearly every lawyer I know still retains present possessory rights of enjoyment of that particular asset. Except divorce lawyers. Even you have to admit they deserve a beating. Anyone who takes such cruel delight in the ruin and suffering of their fellow human beings deserves bad things.
  4. So far Herman Cain is the one I have like the most. But I've got nothing against Romney. I'm not a fan of Pawlenty, don't know much about Bachman, and Ron Paul has too many bad associations. Gingrich is a buffoon, Santorum a democrat disguised as a republican, and Jon Huntsman is too vanilla. Palin will not run (thankfully) neither will Christie (too bad) or Thune. Rick Perry might, I could get behind hime if he did. Huckabee is an idiot and Guliani will never appeal to the Red States. Right now I'm supporting Cain and I think a Romney/Cain ticket would be formidable. But honestly, I'd take Micky Mouse over the fool we have now.
  5. Doh, typo on my part. I was in a rush when I typed all that. I actually cut & pasted from a post I made on a different forum but I did not proofread it obviously.
  6. Now reading Through My Eyes by NFL Quarterback and former Florida Gator Tim Tebow. It's about what you'd expect. Writing an autobiography at the age of 26 is not an act of humility. Therefore it defies reason that a man who does it should try to come off as humble in his book. But somehow he does it. Also reading Islands in the Stream by Hemingway. He is one of my favorite writers but this is not his best stuff. Also re-reading A Clash of Kings, by you know who. Getting refreshed for the bigh release of Dance with Dragons next month.
  7. True story. I was driving through Montgomery Alabama about 15-16 years ago and I heard about a grand prize for being the 5th caller to a radio show. The prize was your weight in spam. And to think, cell phones were uncommon back then! My loss I guess.
  8. But it's fun. Sort of.
  9. Short answer Amortization is the differential between equity & interest in intagible assets. For example if I bought a radio tower on a 10 year mortgage for $10 million and leased it out for 15 million for 10 years I'd have a 75% amortization on that income for the duration. Now the tower itself will decrease in value over that 10 years, that is call depreciation. They are different things. Debt/Equity is the ratio of capital a company have to it's liabilties. If I have $100M in assets and $300k in debt then my D/E is 30%
  10. Ok, there has been no secret of my hostility to Obama. He is a walking disaster of a President. Top it off with the fact that he is arrogant, condescending and disdainful of his country and countrymen. But really lets just look at the results of his presidency: When he took office in 2009 unemplyoment was ay a 20 year high of 7.6%. It is now close to 10% When he took office, the number of "long-term unemployed" in the United States was approximately 2.6 million. Today, that number is up to 6.2 million. When he became president, the average price of a gallon of gasoline in the United States was $1.83. Today it is $3.89. This causes the price of food, clothes, everything to increase. Food and consumables have increased in price by 29% since 2008. In January 2009, there were nearly 32 million Americans on food stamps. Today, there are more than 44 million on food stamps. According to the U.S. Census, the number of children living in poverty has gone up by about 2 million in just the past 2 years. When Barack Obama took office, the U.S. national debt was 10.6 trillion dollars. Today it is 14.3 trillion dollars. It took the US 230 years to accumulate $10.6T, Obama almost doubled it in just three years The federal government has borrowed 29,660 more dollars per household since Barack Obama signed the economic stimulus law two years ago. To sum up the last two lines, Barack Obama and the 111th Congress added more to the U.S. national debt than the first 100 U.S. Congresses and first 43 Presidents combined. The combined debt of the major GSEs (Fannie Mae, Freddie Mac and Sallie Mae) has increased from 3.2 trillion in 2008 to 6.4 trillion in 2011. The US Govt now has a financial stake in 63% of ALL home loans. Under Obama, the U.S. trade deficit continues to grow. The trade deficit was about 33 percent larger in 2010 than it was in 2009, and the 2011 trade deficit is expected to be even bigger. Only 66.8% of American men had a job last year. That was the lowest level that has ever been recorded in all of U.S. history. In 2010, more than a million U.S. families lost their homes to foreclosure for the first time ever, and that number is expected to go even higher in 2011. This is because of Dodd-Frank and the CRA. The U.S. real estate crisis just continues to get worse. During the first three months of this year, less new homes were sold in the U.S. than in any three month period ever recorded. The U.S. dollar has fallen by 17 percent compared to other major national currencies since 2009. The Fed has intentionally allowed this to happen. The Weimar Republic DID THE SAME THING. Because of this the Chinese are rapidly dumping U.S. government debt. That is not a good sign. When Barack Obama first took office, an ounce of gold was going for about $850. Today an ounce of gold cost $1523.00. All of the money driving up the Gold price used to be invested in business. For the first time in history the US government is forcing to the people to buy a commodity it has control of. If any other entity did this it would be a crime. My sources for the above are posted below. I don't care who wins the Republican nomination in 2012, I'm voting for them. Obama is an unmitigated disaster. http://theeconomiccollapseblog.com/archive...very-single-day http://www.goldprice.org/ http://www.bls.gov/opub/ted/2009/feb/wk2/art02.htm http://www.bls.gov/opub/ted/2009/feb/wk2/art02.htm http://www.bls.gov/news.release/pdf/empsit.pdf http://theeconomiccollapseblog.com/archive...-getting-better http://www.cnsnews.com/news/article/gov-t-...5-household-oba http://www.treasurydirect.gov/NP/BPDLogin?application=np http://www.cnsnews.com/news/article/111th-...-debt-first-100 http://www.marketoracle.co.uk/Article27872.html http://www.prnewswire.com/news-releases/cr...-116298504.html China divesting US treasuries
  11. I don't use it, never have (I think). But It's not my place to tell someone else they can't and I don't want a government telling someone else they can't on my behalf.
  12. Odd you should say so. Except for some flowery and conciliatory speeches Obama has followed the exact same foreign policy as Bush did. In 2008 after the election if I told you by 2011 we would be involed in three shooting wars and begining a fourth would you have believed me?
  13. Krez, I realize you do not consider me a credible source of info about...well anything, however this is a subject I know a little about and have enjoyed some success at. I have not looked hard at IBM or any other "tech" stock but I hope you are not buying in because you are hoping for another Apple like growth trend. If so you might as well by lottery tickets. Two thing to look for in a stock, 1) EBITA, Earnings Before Interest Tax Amortiztion. This is the 1# measure of the comapy's profitability. 2) Debt service or debt to equity ratio. Apple was a smart buy in 2003 because it's debt service was only 14% (under 30% is good). IBM according to Forbes has a EBITA of 23.3% and a D/E of 89%. Granted there is more to dertermining if this is a bad thing because you need to analyze just what their debt encompasses but at first look that does not get my juices flowing. My best advice to you based on your risk tolerance is buying into a real commodity (but NOT gold, it is way over price. In fact I've been selling my gold of late). Their demand is high with all of the economic unertainty and they are largely immune from inflation concerns. Silver or copper are solid bets right now. I would avoid currency or any government bond right not, no matter whose it is. If you are looking at stocks in the US choose one with a low debt service that is offering a product or service that will not be impacted by instability in the US govt. Just my $.02. I took the money I recived from my gold divestment and bought real estate over in Nashville & Murfesboro. The price has never been better and it won't stay that way forever.
  14. You gotta love Sean Bean, it turns out he gets stabbed in a bar fight over a woman last night and intead of going to the hospital he goes back into the bar and orders another drink. Huzzah! http://www.foxnews.com/entertainment/2011/...y-model-report/
  15. In Alaska it is legal to have and use MJ under a certain quantity. It is illegal to sell it, go figure, but it is legal to have it. I've never bought the argument that MJ use leads t other drugs or increases in crime. No one ever got stoned and killed their wife. The probably got stoned and forgot to kill their wife. I am of course all for legalization because it is not the proper place of the government to tell you what you can and can not have like some evil nanny.
  16. Here are two little surprises. While I was getting dressed for work this morning I had CNN on the TV, they actually ran a segment on how shocked viewers were and what a unexpected twist this was. Then on the way to work they were actually taking calls about it on the radio on WEGR. I guess it is a pretty poular show after all. A lot of folks said they were never watching again but I said the same thing after I read that part in Book 1 and again after you-know-what in Book 3. But here I am ready and waiting for book 5.
  17. I would put the story of Saint George and the dragon as a parable to this situation. They were sold by their governments but can you say without doubt that they weren't coerced into it? You of all people have in idea of what life is like in a place where people have no rights and suffer the predations and whims of their government. I don't know who is more despicable, the Guatemalan official who accepted the deal, of the US official who arranged it. Actually I could say the same thing about slavery in pre-civil war America. Who was worse, the slavers who captured and sold the slaves or the country that allowed them to be purchased and worked to death? I could not say.
  18. The United States as an institution has existed continuously since 1776. While Volo is correct, the politicians of today are not culpable for the crimes of predecessors they should be aware that evil done in the name of the US still must be atoned for even if it was done by those long gone. I am disgusted by this story, I don't know how I missed but I had never heard it before. An apology and acknowledgement is the least of what is appropriate here. Every survivor and their affected decendants should be compensated. The history of the US is not snow white and clean. No nation state on earth can be said not to have done evil in it's own interests at some point. Remember, the US did not go out and kidnap these people, they were sold as lab rats by their own government. As black as our crime is, theirs is as bad or worse.
  19. Just poured a highball, herre is a toast to Hurlie's son feeling better... and to Malcador's clean bill of health... and to Raithe's writing project and to Tales movie exeperience, and mod status... and to.... It seems I need another drink. There we go... An to the Canucks, may they play better than they have been. Now, back to the game.
  20. Just got home from a very long work day, capped off by a brutally long commute. I started to write a reply in the "Deficit Reduction" thread but it's just more mental energy that I have at the moment. I think I'll have a PB&J for dinner and spend the rest of the night on the porch drinking good bourbon on ice and playing my guitar.
  21. Nevermind what I said in this post... I don't want to bring in LoF, or Oby-somthing or whatever he's calling himself today.
  22. To reiterate what many of you have said, green energy is a great idea whose time has not yet come. Abandoning proven and reliable (to say nothing of fairly clean) nuclear power generaton with no workable alternative to take it's place is just lunacy.
  23. Now reading The Last Wish by Andrzej Sapkowski. I was not sure what to expect but it is light and entertaining reading. After this I'll give the game another go.
  24. The house is cleaned up, the fence is fixed, the road & yard have been cleaned of debris. I just got home, dialed up Bob Marley Legends on my Ipod. I'm going to fire up the grill and make grilled chicken for the dogs and a steak for me. Then I'm going to invite Sam Adams out to the porch and get ****** up!
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