Saturday, December 17, 2011

Here It Comes! Banker Inspired Des Moines Register Supports White Obama Er... I Mean Romney

And they say class warfare doesn't exist.

Thank God for ZeroHedge. So the gal who is the CEO for the Des Moines Register- used to be employed in the upper echelons of Citibank? Oh the hell you say. The Register openly endorses Romney...

Imagine that. Zero Hedge sums it all up nicely here. http://www.zerohedge.com/news/newspaper-chaired-private-equity-head-shockingly-endorses-mitt-romney-president I can't wait to elect one more worthless, bought and paid for, elite beauty contestant.

How many homes you got Mitt? Five? Are you sure that's enough?

Friday, December 16, 2011

The Abject Failure of the GOP

"Pay attention to what people have actually accomplished, pay far less attention to what they say they will do."

By that standard alone, Barack Obama would never have been elected President. In fact, after having been advanced 100k on a book deal- Obama could not write the book nor make the deadlines that he had agreed on. Many knowledgeable people believe his books were "ghost written." I am one of them. The point is- is that Barack Obama had accomplished very little with his life. A community organizer. A teacher and a lawyer. Good lawyers lawyer, the rest teach. He was a superficial black guy that could speak well. He let a lot of desperate and scared bankers escape in return for their financial support. That dear friends- is why he is President.

Has life turned into a beauty contest? It's hard to argue that it hasn't. Take a look at the candidates. The females are all attractive, some of the men. Substance? There is very little substance except for Ron Paul, Gary Johnson.

I remember my first political science class. The agreed upon secret to "winning elections" is to reach the widest possible audience by offending the least amount of people or groups of people. Cast the widest possible net because winning is about including others- not excluding them. Obama even employed behavioral psychologists to attract more people and make others- who did not sign up on the hope and change tour- feel isolated from the herd. Oh did I feel that pain as I wrote publicly in Moonbat Central and criticized Obama prior to election.

In addition, candidates hide all of those nasty little truths about themselves. The affairs, the shady insider trades, mortgages from people like Mozilo, getting rid of people in cushy jobs, giving cushy jobs to your friends. Alcohol and drug problems, arrests.

You can see the problem can't you? The goal for a politician is to win the election by casting the widest net and appealing to the largest segment of voters. That goal, simply winning the election, does not have a damn thing to do with predicting actual job performance or effectiveness. It is a lie we accept.
All it tells us essentially- is that one of these guys will kiss the public's ass to such an extent that they will win the nomination. In fact, we generally elect the most ineffective person of the bunch every four years. The man or woman who pisses us off the least. Don't we? And within that framework, is the abject failure of the GOP.

So what barometer should we use?

Past performance is the best predictor of future performance.

The guy you don't like the most in the beauty contest- is very likely the man or woman that you need the most. This is the person who is not afraid of the truth, who shows courage, who takes unpopular stands, and who could care less about casting the widest net and kissing the public's ass. That person does not compromise principles to win elections. What I am telling you is simple.

Time and time again, the voters in this country have proven that they can select the worst possible candidates. Our "pickers" are broken. As a country, we keep selecting these ineffective leaders who tell us what we want to hear. We believe them. It's complete bullshit- designed to simply get votes. Think about Obama coming off like a centrist. At any time did this guy mention that he was a stone cold marxist, possibly not even a citizen, and a childhood son of Islam? Think disclosing those slight imperfections might have isolated a few voters?

So we have been pretty good at selecting the best liars. Then we bitch about it. The cycle is about to repeat itself. We have a sorry ass crew of GOP candidates. Only two of these pass the sniff test and unfortunately- neither one is a front runner.

What I am about to say here is the God's honest truth. This country would be better off finding a guy that pisses us off and elect him. At least we would know truthfully where he stands. I can't even bear the thought of Gingrich- the serial cheater, smart ass, and professional politician- getting the nod. Ditto for the great pollyanna, Romney, who I call the white Obama.

This GOP crew is the sorriest assed bunch I have seen in a long time. Even the GOP faithful know it. All the GOP faithful can manage to do is clench their teeth and hope anything is better than Obama. Like their sorry nominee in 2008.

Had the GOP lured Scott Walker or Chris Christie away- we might have had some hope. The GOP and elections in general have in fact- become beauty contests. We are going to nominate another guy who pisses us off the least- the guy who comes off like a nice guy. A beauty contest winner and I don't see any way it is going to be anyone but Romney. And then we are going to get the same old results that we have always been getting- because we keep doing the same thing over and over again. The only guy that the GOP has put forward in my lifetime, a guy who had accomplished a great deal, a man of substance and courage, a man that was not a serial cheater, was Ronald Reagan. They still talk about him. Even blind squirrels find an acorn now and then.

Thursday, December 15, 2011

Troops Salute Obama

Obama closes the nine year Iraq war. Like the magnificent bastard that he is. Troops salute. Thanks Big Hairy.

Obama at Ft Bragg

Dark Closets

Who are you going to believe? The media or your lying eyes? Can you trust your government education?

A month or so ago, I got in a back and forth argument with my father. These days those things are usually avoidable. Unfortunately, like most Americans, my dad thinks that the Federal Reserve is some government institution where somebody plopped 20 trillion a hundred years ago. That this 20 trillion is just waiting around- gathering dust until at some futuristic and imminent flash point- the Fed will unleash it and save us. I guess.

Don't you find it unimaginable that not one public school anywhere- teaches the 100 year old history of the Fed? If you know of just one school or textbook that does...please by all means tell me about it. I beg you.

That is not a coincidence. If you plan on fleecing American workers forever- the last thing you want to do is tell those targeted sheep your game plan. Or admit you have been a horrible failure.

Ultimately when I find myself arguing about the Fed, I have to invoke the Frankenstein Government rule. I cannot engage is a discussion about the Fed with someone who doesn't know anything about the Fed, it's origin, it's history, or it's never ending string of failures for the American people- or the tremendous success it has been in lining international bankers pockets with billions each year. Generally speaking, a book such as "The Creature From Jekyll Island" will give us some common ground. But what makes that book credible?

Pops is one of these guys who practices contempt prior to investigation. He made his mind up years ago. The government he believes is essentially truthful. They would not allow a private banker to fleece us, would they? And ultimately, the issue lands on credibility. What makes my argument more viable, more compelling, or more truthful? Why can't I just believe that the Fed is this wonderful government institution that makes our lives better like most people?

What I like to say to people is this. You are entitled to your opinion. What you are not entitled to is your own set of facts. Before you go running your mouth, you need to investigate what somebody is telling you. They just might be telling the truth. In fact, the absolute best and most useful people in my life have told me the truth. What I needed to hear. Not what I wanted to hear.

That is the single greatest asset/skill that law enforcement ever bestowed upon me. That even the most outlandish story is plausible- it is your job as an investigator to try and prove or disprove it. If you are baffled by something like the Fed- you are baffled because they want you to be baffled. On it's own, the truth never seeks a closet to hide in. But men, for various nefarious reasons, have plenty of closets.

If it's your gold in Fort Knox and the government won't let you see it- then that's a problem. If the Fed is an arm of the United States government and they refuse to submit to an audit- that's a problem. What you don't know- will in fact hurt you. Ignorance is not always bliss. There are plenty of closets with plenty of skeletons in them. Don't be afraid to find them and peer in once in awhile. Ultimately every issue becomes one of credibility. The best you can hope to do is uncover facts that will support your conclusions. A little light finally finds its way into a dark closet.

Travelers Advisory, Interstate To Be Closed

They are taking a 200 ton lump of coal to Mt Rushmore to carve out President Obama's likeness. The load is coming down I-90. They could not find a 200 ton piece of shit.

I-90 will be closed tomorrow across South Dakota.
They are hauling a 200 ton lump of coal so they can add Obama
to Mount Rushmore... they couldn't find a 200 ton piece of shit.

Wednesday, December 14, 2011

The Greatest Smuggling Story Never Told

The strangest story I have read in quite some time. I offer this up and I really can't corroborate it other than to say- it must be real- a lawsuit has been filed. You are in for a real treat.

A little over two years ago, I ran into this story on some obscure website somewhere. Truth be told, I thought it had to be complete bullshit.

In a nutshell, two Japanese men were caught smuggling 135 BILLION dollars in U.S. bonds in 2009. Now for you numbers challenged folks out there- there are only 4 countries in the world that have that kind of money tied up in U.S. bonds. So wtf were these men doing? They appear to be couriers but why did they select Japanese men? And what follows is one of the strangest stories you will ever lay eyes on.

The speculation at the time- was that most likely the bonds were forgeries. I think that is where I landed. Well, it turns out that the bonds are real. And if you think two men smuggling 135 billion is odd, that's nothing. Read this link. And scratch your head. http://divinecosmos.com/start-here/davids-blog/995-lawsuit-end-tyranny

Precious Metals Getting Slaughtered, Hardly a Surprise, Get Ready To Buy With Both Hands

I love it when I hear some asshole on CNBC talk about what terrible investments gold and silver are. That happened this morning as gold was trading down 80.00 bucks an ounce. The "expert" was calling for 1000 dollar gold. Gold doesn't pay dividends he said. I was listening from my bedroom- so I didn't get a look at the suspect your honor. I have heard that rhetoric before.

My favorite line was this. Gold as an investment and a safe haven is 100% based on perception! No shit. That's what he said. Like that's a bad thing.

Now I want you to think about any decision you have ever made. Have you ever done anything- not based 100% on your own perception? Just when do we avail ourselves of our own perception to make decisions? I don't know when that happens.

Ok enough of that. Here are the reasons that today's selling comes as no surprise.

1. Central banks and investment arms all over the world are selling gold to raise cash. The euro is toast. It is trading at 129 and change as I write this. Europe is in big trouble. They are paying people to borrow gold. Negative lease rates. This is suppressing the paper price.

2. This is a "paper" gold price. Investors everywhere are fleeing paper investments. Why? Because MF Global stole at least 1.2 billion worth of customers' money and apparently nobody cares except the poor saps who have investment funds at risk.

3. Bullion banks and banks subject to position limits next year- desperately want to cover their enormous short positions as cheaply as possible. They can do this by driving prices down as fast and as hard as they can and then cover their short positions. This has already happened today in both gold and silver. As I write this gold and silver are rebounding. Gosh who would buy this bubble? Hmmm...

4. The world is broke. That has not changed. In fact, it continues to get worse. Ultimately, all strong currencies in history are backed by precious metals. That is precisely why China continues to buy bullion in record setting amounts. They want to be the world's reserve currency and they will be.

Fundamentally, nothing has changed. Make rational decisions, not emotionally driven decisions.

None of this metals downdraft is a surprise. I will not be surprised to see it get worse through the end of the year. Between Christmas and New Years, I am going to the coin shop. I will be buying with both hands.

I'd like you to remember something. If you do not have physical gold and silver actually in your possession- you don't actually possess it. I mean that. You cannot trust anyone to hold it. You must come up with a strategy for storing precious metals that you think is safe. The government is not stupid. If they move to confiscate precious metals like they did in the 30's- they will ask their buddies at the bank to close vaults containing safety deposit boxes until those boxes can be opened and their contents inventoried. I do not think that scenario is ridiculous. It has already happened once.

The absolute best investment in 2012 is going to be gold and silver. Nothing short of world austerity, honest and courageous politicians, and a deux ex machina (miraculous ending) solution can change this. If you think all that is going to happen, you might want to call CNBC and offer yourself up for an on "air interview" like that brainiac this morning. Let's hope precious metals can go lower so we can buy more!

Tuesday, December 13, 2011

Housing Sales- A Completely Fraudulent Number for the Past Five Years

And of course- they were inflating the number....gee I wonder who taught them that trick?

I would call this unfucking believable- except that it's not. We see similar fraudulent figures week after week from the Federal Government and the BLS. How do we know unemployment figures are fraudulent? Simple.

People with jobs pay taxes. People without jobs don't. The treasury has a two trillion dollar deficit this year which initially was supposed to only be a 1.2 trillion shortfall. That missing 800 billion? Well that's what happens when you start believing your own bullshit.

How do we know the CPI is fraudulent and understated? Because we are the ones buying inflated goods.

Anyway- here's the whole fraudulent tale from the National Association of Realtors. I only have two questions. Why did it take them so long and why disclose this now? http://money.cnn.com/2011/12/13/real_estate/home_sales_revision/index.htm?iid=Lead

In the End, There Can Be Only One! Highlander!

The second thing I've ever stolen from Ace. For Troy.


Clearly, they do not want your dieting advice.

Proud Moments in Law Enforcement

Well there is no big earth shattering news today, so I thought I'd tell you a war story.

Over the course of my 25 year law enforcement career, I had the good fortune to see some interesting and bizarre things. I also had the opportunity to see some really funny things. Some of the funniest shit- just happened to be things that I watched cops do. Sober, excuse free, cops. This story is one of the finest. You will never see this story on an episode of "Cops." There is simply no way that this story can remain untold. It will take a little character development, so please bear with me. I am going to use fictional names to protect the guilty.

A little over 20 years ago, I was patrolling a small town in Idaho. A much larger city that wasn't too far away was experiencing a big manpower shortage. I went to work for that city as a part time police officer, working a couple of extra shifts a week. It was during that time, in the early 90's, that I met the hero of this story. He was a Corporal by the name of "Rock" Jackson. Rock was a Vietnam veteran, an old time cop with over 20 years on the department. He was a gun nut and the department's range master. He was born and raised in Idaho. We liked each other right away.

Rock was a rural redneck, a real "ridin' fence" kind of cowboy. He talked slow and was never in a hurry to do much. He always invited me out for "pie" when we were working. At a place called "Sodbusters" no less. As much as I liked Rock, I gotta say- he wasn't the sharpest knife in the drawer. But he was a good guy, not a hard ass, and the kind of guy that tried his very best to be a good cop. He had a big heart and he did what he was told. He was well liked by virtually everyone.

Rock was one of those rare guys who never used drugs-ever. Not even in 'nam. Like I said, he was a redneck. He wouldn't have known what an ounce of pot looked like unless the bag was labeled "marijuana." Dope just wasn't his thing. But that didn't slow him down any.

In the late 70's, Rock decided he wanted to go to work on the local drug task force and in order to do so, he had to attend training which taught participating cops how to put together drug deals, surveillance, drug identification, that sort of thing. Participating officers would still be required to patrol in uniform but be called on from time to time to help with drug enforcement. Rock was very excited about working with the drug task force.

A few weeks after taking drug training, Rock was on patrol and driving down an alley. As he came down this particular alley, he spotted an incredibly tall marijuana plant growing in the back yard of a residence- not far from the police station. He radioed to dispatch that he would be out of the car on a marijuana grow. He knocked on the door of the home, got no answer, and left a note and a business card. Rock then returned to the back yard and snapped a photo of the large marijuana plant. Rock then uprooted the plant and dragged it to his patrol car. The plant was so tall that it would not fit in his trunk. Rock slid the 16 foot long marijuana plant under his light bar. It stretched from the hood all the way back to the car's trunk. Rock then got in his car and radioed dispatch that he was clear. He also stated that he was en route back to the station and he asked dispatch to contact the head of the drug task force, a man I will call Bobby. Bobby agreed to meet him back at the station.

Upon arrival at the station, Rock grabbed the marijuana plant and dragged it into the station's back hallway. There he was greeted by several cops, mostly drug task force members. After dragging the plant into the building, Rock looked at Bobby and said, "Isn't that the biggest pot plant you have ever seen?" Bobby and the rest of the cops were speechless as they gazed at the plant. You could hear a pin drop. Finally, Bobby leaned over the plant and said out loud, "That is the biggest fucking elmujuana plant I have ever seen, Rock!" Bobby broke out in hysterical and uncontrollable laughter. The rest of the cops were laughing so hard that they were crying. Rock had uprooted somebody's young elm tree and seized it. The worst part is that he had left his name and phone number at the house.

When they told me this story I laughed so hard I nearly pissed my pants. I forgot to ask the guys what the supervisor told the people when they called and asked about their missing tree. I can't imagine how they explained that.

Nobody told that story outside of the police department. I think it was just so embarrassing that even the cops felt sorry for Rock. He really was a good guy. I haven't seen Rock for 15 years. As I was writing this story- I started laughing- like this had happened last week. Every once in awhile, stories like this one bring a smile to my face. That's when I realize I really do miss law enforcement and all of the interesting and zany things that people do. On both sides of the law.

Monday, December 12, 2011

GImme Back My Drone!*Updated

Of all the funny shit that's been happening lately, I'm not sure that anything could top President Obama asking the Iranians for our drone back. The drone that we were spying on them with. http://www.boston.com/news/nation/washington/articles/2011/12/13/obama_calls_on_iran_to_give_back_downed_us_drone/

Now picture this. The greatest pussy man of all time, a guy who throws like a girl, gets beat up in a basketball game, and wears some high rise dork bicycle helmet is asking the Iranians to return our high technology drone. I'll bet they are just scared shitless.

Maybe Obama needs to throw a pair of Uggs at 'em to get their attention. That's how they do it over there. http://news.yahoo.com/jobless-men-disrupt-iran-president-speech-reports-190619347.html

Ain't that rich? Next thing ya know, Mexican drug smugglers will be asking for their confiscated dope back.

I managed to intercept this Iranian reply to President Obama's pleas to return the drone. *Now it's formal. http://news.yahoo.com/blogs/envoy/iran-rejects-u-request-return-drone-144436887.html

Mother Teresa Didn't Have Any Kids

Who thought buying a car was easy?

It's easy as long as you let the seller dictate the price, the terms, and the other little slick things they throw in the loan during closing. Including higher interest rates.

So it was, I have backed out of the third deal this month and I cancelled a flight because of it. After all of that, I finally have the deal on the car I wanted but I have to wait a month to take delivery. Big deal.

I am in absolute awe at how ridiculously priced car dealers price their inventory. Car dealers are piranhas.

So what I thought I'd do is show you a run of the mill used 2011 GLS Hyundai Elantra priced at what I believe is an absolutely insane price. This car invoiced new at 15,500. Here it is used. http://www.autotrader.com/fyc/vdp.jsp?ct=u&car_id=309775282&dealer_id=624435&car_year=2011&end_year=2011&model=ELANTR&distance=25&address=83705&start_year=2011&LNX=PNADAUSEDVALTEASER&search_type=used&make=HYUND&cardist=14&standard=false&rdpage=thumb

What would be an appropriate price for a one year old used car that invoiced for 15,500? I know this- not 19,999. That price is so ridiculous that I can't even approach the dealer. I looked at that car last night.

Here is a brand new Elantra with a manual trans. Add 1000 for an auto trans and you get a brand new Elantra GLS for 3700.00 dollars cheaper than our used car above. http://www.truecar.com/prices-new/hyundai/elantra-pricing/ How can that be?

Today, I finally put a deposit down on the Elantra I wanted. This after a month of dickering, wasted time, wasted phone calls, cursing at finance managers, unraveling mysterious charges for items that I don't want and don't need. Today I paid 15,800 out the door for a manual trans. The dealer will make 1000 on the sale, 500 on the manufacturer's hold back, and money on the loan financing. This Elantra is new and delivered in Jan. That's 4 grand cheaper than that used one here locally. Was it worth it?

Barely. The truth is, I hate dealing with car salesmen and dealerships. I simply have never had a good experience with these piranhas as they try to separate you from your money. Buying a car is a huge personal commitment. It takes an emotional toll on you. You can't just walk away and get your money back after a year or two. That's why you absolutely cannot over pay for a car on the front end. You are committed to a big payment or a big payoff. An upside down car loan or a voluntary repo is just not something most of us want.

So don't feel sorry about playing hardball with car dealerships. They will do everything imaginable to steal your money- your job is to try and prevent that. So yea, I suck to deal with but I'm not going to apologize. I've never received an apology from a dealership.

Woman Executed in Saudi Arabia For Just Trying To Make a Buck, In America She Would Have Been Given a SBA Loan

I am not a proponent of capital punishment. I know...I know...not wanting to kill people is irrational.

In Saudi Arabia, they apparently kill you for practicing sorcery or trying to treat illnesses contrary to accepted practices. http://news.yahoo.com/saudi-arabia-executes-woman-convicted-sorcery-132159048.html

In America, this woman could have applied for and received a small business administration loan for practicing alternative medicine. Had she proven that she voted for Obama, the loan would have been fast tracked and she might even be selling franchises by now. She would be alive and well, touted as a business woman with acumen, creating jobs in America.

Wait for the Precious Metals Selloff and Then Buy Physical Mortimer!

I've been reading Turd Ferguson's, "TF Metals Report" quite a bit lately. He has been "spot" on and he called today's huge sell off. He is on my blog roll on the right margin. And here. http://www.tfmetalsreport.com/blog/3122/stand-back

Gold and silver are getting their asses kicked today. Bad. Gold is off 50 bucks. Here is a very timely piece on why. Strange. http://news.goldseek.com/GATA/1323619500.php

Of all the reasons for today's metals sell off- the one I find most intriguing is that paper speculators are heading for the exits. There is simply no point in trading paper (futures, options) if the underlying commodity has several claims on it. Because of the MF Global bankruptcy, one investor has already filed a lawsuit claiming that he paid for and wanted to take delivery of physical gold and silver. Metals that he paid for before any bankruptcy was declared by MF Global. As the metal was about to be shipped, a trustee halted the shipment. The lawsuit is in the judge's hands- the point of contention being simple. Who has the priority lean on assets? Investors who got ripped off? Other people speculating on the same metal? Or this last guy who paid for the stuff? It's a fore shock of what is to come.

Rehypothecation is a practice that occurs principally in the financial markets, where a bank or other broker-dealer reuses the collateral pledged by its clients as collateral for its own borrowing.

Banks have been notorious throughout time for lending money or assets that they don't have. It's called fractional reserve lending and it's quite legal as long as you have a crooked central bank willing to do it. Like ours. Writing several calls or puts on the same underlying metal and believing that futures will be settled in cash- much as they always have been- is another scheme that bullion bankers use. Very few traders actually take delivery of precious metals. If everyone buying a contract stood for delivery- we'd find out in a hurry just how broken these markets are.

I've been expecting this de- leveraging. People are going to trade out of paper and into actual physical metals. People are also going to take year end profits and precious metals are one of the only places where anyone has made any money. Like Turd, I expect this hemorrhaging to continue until the end of the year and then we'll see how effective the new position limit rules will be. The banks are already suing the CFTC over the new rules.

I am going to add another 150 ounces of silver to my holdings if silver breaks below 29 or 28- and I am going to add a few ounces of gold as well. This may be the last opportunity you will have to add some precious metals on the cheap while people rush for the futures exits and unwind- as the world continues to print worthless and unbacked currency as it's only method of debt repayment.

Sunday, December 11, 2011

Why Obama Is Not The Anti Christ, The Archived Madness of the Lunatic Fringe

Friday, May 14, 2010

It's Official, Obama Is Not the Anti Christ

About a year ago, a neo conservative friend of mine called and asked if President Obama could be the anti-Christ. Although Obama clearly has many of the qualities and characteristics that one looks for in a good anti-Christ, I was not sure. After watching Dear Leader this year, I feel confident in saying that Obama is not the anti-Christ.

I know, I know, some of you righties want to cling to hope. Perhaps you are questioning my credentials for determining anti- Christs. But I've watched this dude closely last year, which you can do when you are unemployed. Eternally. Trust me, I am using solid logic.

One other thing. Just because I have determined that Obama isn't the anti-Christ doesn't mean that you non religious types can breathe a sigh of relief. You still have work to do.

The anti-Christ is thought to be a gifted orator. Now at first blush, many of you may think that great oratory qualifies Obama. It doesn't. In fact, what has been spilling out of Obama's mouth lately is precisely what has led me to conclude that he isn't the "big baddy." Nor is he the great genius the lefties think he is. In fact, I'd give this dude a slightly above average score on the big bell curve. Nothing special. Even aided by teleprompters. I could prove my suspicions if we could ever find those missing college transcripts.

The real anti Christ is thought to be cunning and devious, willing and able to persuade everyone. As Obama attacks and blames Bush, attacks and blames Fox news, attacks big banks, attacks auto makers, attacks health insurers, and attacks and blames big oil for a once in a lifetime spill, attacks and blames Arizona for doing the job his government won't, attacks his own constituency and adds glib, snide, and caustic comments- he is guaranteeing and sealing his fate. But not as the historic third anti- Christ. Before it's over, this guy might be able to unite this country but not because he is sneaky smart. We won't unite because of him, we will unite despite him. Obama is not the slick talking orator that will bring about the end times. To do that would take a lot more skill, tact, and savvy than this dude possesses.

There it is. Prima facia evidence Obama isn't the anti-Christ. He ain't even close.