Saturday, March 10, 2012
Calling All Young Males
Dr. Helen is asking young males for input in her new book. Go wonder over yonder and see if you can't help contribute your 2 cents over there.
Friday, March 09, 2012
Weekend Linkage
From the front lines in Wisconsin on the Glenn Grothman saga, a female's point of view which I believe was necessary.
Dalrock advances his philosophy to realize a very common problem we face here in the freedom/libertarian/manosphere world - you can't argue with ignorance or people who do not wish to be intellectually honest.
The term "crusaderism" is spreading! I'll be dead by the time this happens, but hopefully the term will make it into the lexicon of political discussion to aptly describe the world's most evil and corrupt people.
Have kids first. Then ask whether you have the time to adequately finance and raise them.
Chained to a desk, or chained to a man, I hope the desk hugs you back at night. But, then again, I have no skin in this game. I'm just thoroughly entertained watching full grown adults wade through the consequences of 1970's feminism.
Lord, grant me the strength (and life expectancy) to count the ways.
Dalrock advances his philosophy to realize a very common problem we face here in the freedom/libertarian/manosphere world - you can't argue with ignorance or people who do not wish to be intellectually honest.
The term "crusaderism" is spreading! I'll be dead by the time this happens, but hopefully the term will make it into the lexicon of political discussion to aptly describe the world's most evil and corrupt people.
Have kids first. Then ask whether you have the time to adequately finance and raise them.
Chained to a desk, or chained to a man, I hope the desk hugs you back at night. But, then again, I have no skin in this game. I'm just thoroughly entertained watching full grown adults wade through the consequences of 1970's feminism.
Lord, grant me the strength (and life expectancy) to count the ways.
I Hope She "Finds Herself"
Ug, you can just tell it was a mistake to bring three children into the world with this one.
But then again, never let children or responsibilities get in the way of your EPL Fantasy.
Men, you are hereby ordered to continue to enjoy the decline!
But then again, never let children or responsibilities get in the way of your EPL Fantasy.
Men, you are hereby ordered to continue to enjoy the decline!
I'm Just Glad I Have a Motorcycle
No, it can't be something as simple as supply and demand! It must be greedy speculators, or Big Oil! Or Wall Street!
The only thing I would add to it is how the weak dollar (caused by debt and our inability to produce anything that gives our currency value) is also to blame for high gas prices.
The only thing I would add to it is how the weak dollar (caused by debt and our inability to produce anything that gives our currency value) is also to blame for high gas prices.
Thursday, March 08, 2012
The Sad State of Virginia Community College
Fly by night degree mills I can understand, but a community college, which I presume is accredited, is offering a CULINARY SCHOOL?!?!
"Culinary arts provides more than slicing and dicing?" Yeah, like try a ton of debt, no employable skills, no job offers (just ask previous years' graduates) and increased taxes to the sucker taxpayers of Virginia. Trust me kids, I KNOW, I TAUGHT AT ONE OF THOSE CULINARY SCHOOLS. GET THE HELL OUT NOW KIDS! YOU'RE BEING TAKEN LIKE CHUMPS!
Wincing, I clicked on their little "My Future at VCCS" and amongst the expected mushy, sappy, touchy-feely garbage is a video you just have to watch. Wonderful happy music, with pretty birds and smileys and unicorns, but nothing about the shocking state of the labor market for young people or anything that would help them practically.
Would somebody over at Virginia Community College please get the funding to buy 10,000 copies of my books to distribute to those poor kids? Or how about some of these conservative institutions? You know how the government buys billions of dollars in vaccinations against malaria, AID's, or whatever else to use in Africa or wherever else? How about the private sector counterpart buy 10 million copies of my book and ship them to all the students in all of the colleges in the US? Not only would it vaccinate these poor kids from destroying their futures, it's an incredible return on investment! Imagine instead of millions of idiotic, brainwashed kids voting for socialism, they're woken up and they start voting for capitalism, lowering corporate tax rates, eliminating regulation. Somebody tell the Koch Foundation, or Peter Thiel, or heck any corporation's CSR department. Ug, how the heck do you fight this sickness!?
Go Glenn Grothman, Go
Roissy has discovered the tendered legislation to acknowledge single parenthood is a contributing factor to child abuse and neglect. Though he has it slightly wrong, in the post it cites single mothers, whereas I believe the legislation cites single parents (as it should).
Regardless it is interesting to see the contrast in the comments between what I deem mature, wise, tough fatherly love-maturity (though a bit crass) and the knee-jerk, reactionary rush-to-run behind the children, claim victim status and blame sexism (all while ignoring the children of course). It's also interesting to note the Yahoo article put in "single moms" as the target of the legislation, when the legislation is targeted towards single-parents (including single dads). Then again, what do you expect from those political and philosophical sophisticates who go to Yahoo for their news.
Regardless, what we're seeing here is the Manosphere, men in general, and women who genuinely do care about family, society and the country, clashing with the established media and political forces that have benefited and profited from single-parent households via the trillions of dollars in social programs that goes to "fight" (but never resolve) the symptoms. The conflict will be interesting, but in the end the productive and responsible members of society will win, if for any other reason they're based in reality, whereas the idea "single-parent households" are in general a "good thing" is based in La-La Land.
Regardless it is interesting to see the contrast in the comments between what I deem mature, wise, tough fatherly love-maturity (though a bit crass) and the knee-jerk, reactionary rush-to-run behind the children, claim victim status and blame sexism (all while ignoring the children of course). It's also interesting to note the Yahoo article put in "single moms" as the target of the legislation, when the legislation is targeted towards single-parents (including single dads). Then again, what do you expect from those political and philosophical sophisticates who go to Yahoo for their news.
Regardless, what we're seeing here is the Manosphere, men in general, and women who genuinely do care about family, society and the country, clashing with the established media and political forces that have benefited and profited from single-parent households via the trillions of dollars in social programs that goes to "fight" (but never resolve) the symptoms. The conflict will be interesting, but in the end the productive and responsible members of society will win, if for any other reason they're based in reality, whereas the idea "single-parent households" are in general a "good thing" is based in La-La Land.
Americana Community Bank Posts a Profit!
Congratulations are due to Americana Community Bank! For the first time in years, they finally posted a profit!
Some of you may remember this bank as the bank that I applied to in 2007, but they instead gave the job to my old boss. Americana is also the bank that when I asked them during the interview if they were making any bad real estate loans, they assured me that they had a great portfolio of clients and wouldn't have to worry about a "housing bubble." They were ALSO the bank that subsequently got a cease and desist order from the Feds.
But now it looks like they actually managed to make a profit! And I want to congratulate my old boss and the higher ups at Americana that claimed they didn't have any loan quality issues for the fine and outstanding jobs they did! It only took $14.5 million in cumulative losses, and a cease and desist order, and who knows how much in taxpayer money or shareholder money to recapitalize the firm, but by golly, you "leaders of men" and "financial geniuses" turned that bank around lickity split! I, and all the other young morons who obviously didn't know what we're talking about, salute you for the fine job you did!
As a visual aid to my youthful stupidity, I created this chart to compare what the company would have wasted paying stupid me 4 years salary vs. their minimal losses over those 4 years:
You see, this is why young people should never be trusted and why gray hair is the single, most important factor when deciding who to lead your companies. Additionally, you don't want any of the "out of the box thinkers" because they obviously never would have predicted the housing bubble and could NEVER lead a firm to greatness.
/sarcasm
Girls and boys, let this be a lesson to you. NEVER distrust yourself just because somebody is "older" and has "more experience." Chances are, given how this country is run, you can do a better job in most industries, especially banking. Besides, if you don't have faith in yourself, you'll sell yourself short and increase your chances of being the "scapegoat" when these morons play the blame game as the Feds come in and raid your office.
Some of you may remember this bank as the bank that I applied to in 2007, but they instead gave the job to my old boss. Americana is also the bank that when I asked them during the interview if they were making any bad real estate loans, they assured me that they had a great portfolio of clients and wouldn't have to worry about a "housing bubble." They were ALSO the bank that subsequently got a cease and desist order from the Feds.
But now it looks like they actually managed to make a profit! And I want to congratulate my old boss and the higher ups at Americana that claimed they didn't have any loan quality issues for the fine and outstanding jobs they did! It only took $14.5 million in cumulative losses, and a cease and desist order, and who knows how much in taxpayer money or shareholder money to recapitalize the firm, but by golly, you "leaders of men" and "financial geniuses" turned that bank around lickity split! I, and all the other young morons who obviously didn't know what we're talking about, salute you for the fine job you did!
As a visual aid to my youthful stupidity, I created this chart to compare what the company would have wasted paying stupid me 4 years salary vs. their minimal losses over those 4 years:
You see, this is why young people should never be trusted and why gray hair is the single, most important factor when deciding who to lead your companies. Additionally, you don't want any of the "out of the box thinkers" because they obviously never would have predicted the housing bubble and could NEVER lead a firm to greatness.
/sarcasm
Girls and boys, let this be a lesson to you. NEVER distrust yourself just because somebody is "older" and has "more experience." Chances are, given how this country is run, you can do a better job in most industries, especially banking. Besides, if you don't have faith in yourself, you'll sell yourself short and increase your chances of being the "scapegoat" when these morons play the blame game as the Feds come in and raid your office.
Wednesday, March 07, 2012
The "We're Americans" Bubble
After nearly 4 years of the media citing "green sprouts" or "slow downs in collapsing prices" and other such optimistic spins, there are some signs the economy is indeed turning around. Not booming (like it should based on economic history), but it is growing and and it is slowly turning around.
Naturally democrats (who have depressed and lowered people's expectations with essentially 3 years of economic stagnation) highlight this tepid recovery as proof positive Obama's economic plan is working. Republicans, actually fear it because with Obama at an incomprehensibly high 45% approval rating already, a continued economic expansion will hurt their election chances. I, however, fear this small economic recovery for another reason:
It's going to cause another bubble.
Understand Americans are incredibly and overly optimistic about the country, about the economy, about their futures and about themselves. They have this foolish notion that there is something "special" about America. That somehow America is "unique" and "we always get out of it! Because we're America!" Unfortunately there is nothing unique or inherent about America that makes us special or immune to economic collapse or the economic realities of the real world. Americanism, yes, THAT is special and unique. Free markets, free people, total personal responsibility, void of government interference and reality TV. Yes, that had never been tried before in the history of the world and it was the "Great American Experiment." But modern-day Americans are simply American't's who prefer to collect a government pay check, major in a worthless subject, expect the government to solve all problems and just plain don't have the work ethic or innovation to achieve Americanism.
Regardless of how delusional the average American is, it doesn't change the fact that they are operating under the false premise that "America always comes back." And this, combined with other ingredients makes it very likely we're going to have another bubble.
First, no matter how convinced you are "America always prevails in the end" it is ultimately the people residing in the geographical location known as America that will determine whether or not we do indeed come back. There is not an "American God" or "deity" looking down at us, intervening with his divine powers to make the land under our feet somehow magical and great. It is the people and their ability to produce, innovate, create, pursue profit, wealth and fun that makes the country great. And frankly boys and girls, we just aren't as great as we think we are.
Long term average economic growth is collapsing. It was originally 4.25% back in the 40's-60's and now has collapsed to about 2.5%.
The economic growth necessary to rationalize a genuine, booming, and sustained economic recovery is just not there. And it is no function of "monetary policy," it isn't even a function of fiscal policy. It's the fact most Americans rather watch "American Idol," major in communications, get a job in a non-profit and vote for socialism than get off their lazy asses, study up on economics, go to school for something that will produce genuine economic growth, and start voting for policies and politicians that advocate creating wealth instead of merely spreading dwindling levels of it around. Again, the country is full of American't's, not your WWII grandfather who became and engineer and could fix his own car. The economic growth just plain isn't there to "bring America back."
The second contributing factor to the "Yeah for Us" Bubble is the harshness and length of the current recession we're in. People, psychologically, are desperate for a recovery, whether we have the economic growth to make it a reality or not. And given the length and the painfully slow progress the economy has made, any little sign of a sustained recovery, no matter how weak, is going to be heralded as the greatest news ever. All one has to do is look at articles from 2003 when the unemployment rate peaked at 6.3% under Bush and the media ripped him apart and called the economy "the worst in 50 years," versus today where the people have become so desperate (and effectively brainwashed) that they're thankful that the unemployment rate dropped below 9% and a two-freaking-month extension of the payroll tax actually makes headline news.
And finally, there is the 9,000 pound gorilla in the room I'm amazed nobody on the left talks about, and that is debt. Forget wars, forget "big oil," forget "evil corporations." The majority of debt is caused by social spending we just plain can't afford (look it the freak up instead of thinking you know more than me). Not only have we gone into debt by multiple trillions of dollars per year for the past 3 years, given future commitments to entitlement spending such as Medicare and Social Security, our current debt levels are dwarfed by what we must incur in the future.
But debt is a crafty little creature. To simplify it for the non-economists out there, debt you can consider to be "future anti-economic growth." Kind of like matter and anti-matter. You can spend the money today, but in the future when it needs to be paid back, it counters economic growth. Also making matters worse, it's not like we're spending our trillions of dollars in debt on veritable INVESTMENTS. We giving the majority of it away to people who plain don't provide anything in return. Welfare recipients, social security recipients, WIC recipients, colleges and universities, Solyndra, GM, the "chillllldren," retirees, medical bills for people on the verge of death, even wars fall under this category. This isn't to insult or criticize these people or items (though some certainly do deserve criticism, ridicule and an immediate cutting off of funds), but to point out the fact NONE of these expenditures provide a return. It's not like you're lending money to IBM to build a new factory in Georgia at 7% and their ROI is 13%, paying back not only the taxpayer, but creating jobs and providing a net return of 6% to the shareholder. No. The $89,000 in medicare you spent to keep Grandpa Jones alive another 6 months is GONE.
Such debt levels, debt commitments and the fact most of it is merely wealth transfers that have no return, will inhibit any long term economic growth (not to mention drive productive people and businesses away who don't care to be around when the tab comes due).
Now, you combine all these factors and you now have the perfect storm for another bubble.
Of course, where will we see evidence of the bubble occurring? Asset prices as always, my dear Watson. Asset prices.
The stock market is overvalued if you want to look at it using P/E ratios or dividend yields.
I can't believe the US Treasury is getting as cheap of interest rates as it is.
The only reason the US dollar has recovered slightly is because the US' debt situation sucks only marginally less than Europe.
Why people keep going into debt to finance an education when there isn't an economy to provide them any jobs, I'll never know.
And let's not forget about that retirement bubble too. Yes, you just keep investing in that 401k because the government told you to. Never mind the ROI is laughable. You just keep plugging away thinking you're going to "retire" at, well, any age.
In the end I do know I'm fighting something more difficult than a 250 pound jiujitsu black belt. Because, whereas I can take on a 250 pound jiujitsu master, at least I can engage him (albeit, very briefly). When it comes to convincing people of the real and dire economic consequences facing the nation, and their galactically optimistic attitudes towards the future, I'm dealing with a mental disease. I'm dealing with people who have a psychological problem. I'm dealing with delusional American't's whose perceptions of themselves are only outdone by the enormous economic problems this country has. And since the situation is so hopeless, and there is such a discrepancy between what American't's think they're capable of versus what they'll inevitably deliver, there is, of course, only two things to do:
1. Sit back and watch reality crush their little "Yeah for Us" La-La Land Bubble
and
2. Enjoy the decline!
Naturally democrats (who have depressed and lowered people's expectations with essentially 3 years of economic stagnation) highlight this tepid recovery as proof positive Obama's economic plan is working. Republicans, actually fear it because with Obama at an incomprehensibly high 45% approval rating already, a continued economic expansion will hurt their election chances. I, however, fear this small economic recovery for another reason:
It's going to cause another bubble.
Understand Americans are incredibly and overly optimistic about the country, about the economy, about their futures and about themselves. They have this foolish notion that there is something "special" about America. That somehow America is "unique" and "we always get out of it! Because we're America!" Unfortunately there is nothing unique or inherent about America that makes us special or immune to economic collapse or the economic realities of the real world. Americanism, yes, THAT is special and unique. Free markets, free people, total personal responsibility, void of government interference and reality TV. Yes, that had never been tried before in the history of the world and it was the "Great American Experiment." But modern-day Americans are simply American't's who prefer to collect a government pay check, major in a worthless subject, expect the government to solve all problems and just plain don't have the work ethic or innovation to achieve Americanism.
Regardless of how delusional the average American is, it doesn't change the fact that they are operating under the false premise that "America always comes back." And this, combined with other ingredients makes it very likely we're going to have another bubble.
First, no matter how convinced you are "America always prevails in the end" it is ultimately the people residing in the geographical location known as America that will determine whether or not we do indeed come back. There is not an "American God" or "deity" looking down at us, intervening with his divine powers to make the land under our feet somehow magical and great. It is the people and their ability to produce, innovate, create, pursue profit, wealth and fun that makes the country great. And frankly boys and girls, we just aren't as great as we think we are.
Long term average economic growth is collapsing. It was originally 4.25% back in the 40's-60's and now has collapsed to about 2.5%.
The economic growth necessary to rationalize a genuine, booming, and sustained economic recovery is just not there. And it is no function of "monetary policy," it isn't even a function of fiscal policy. It's the fact most Americans rather watch "American Idol," major in communications, get a job in a non-profit and vote for socialism than get off their lazy asses, study up on economics, go to school for something that will produce genuine economic growth, and start voting for policies and politicians that advocate creating wealth instead of merely spreading dwindling levels of it around. Again, the country is full of American't's, not your WWII grandfather who became and engineer and could fix his own car. The economic growth just plain isn't there to "bring America back."
The second contributing factor to the "Yeah for Us" Bubble is the harshness and length of the current recession we're in. People, psychologically, are desperate for a recovery, whether we have the economic growth to make it a reality or not. And given the length and the painfully slow progress the economy has made, any little sign of a sustained recovery, no matter how weak, is going to be heralded as the greatest news ever. All one has to do is look at articles from 2003 when the unemployment rate peaked at 6.3% under Bush and the media ripped him apart and called the economy "the worst in 50 years," versus today where the people have become so desperate (and effectively brainwashed) that they're thankful that the unemployment rate dropped below 9% and a two-freaking-month extension of the payroll tax actually makes headline news.
And finally, there is the 9,000 pound gorilla in the room I'm amazed nobody on the left talks about, and that is debt. Forget wars, forget "big oil," forget "evil corporations." The majority of debt is caused by social spending we just plain can't afford (look it the freak up instead of thinking you know more than me). Not only have we gone into debt by multiple trillions of dollars per year for the past 3 years, given future commitments to entitlement spending such as Medicare and Social Security, our current debt levels are dwarfed by what we must incur in the future.
But debt is a crafty little creature. To simplify it for the non-economists out there, debt you can consider to be "future anti-economic growth." Kind of like matter and anti-matter. You can spend the money today, but in the future when it needs to be paid back, it counters economic growth. Also making matters worse, it's not like we're spending our trillions of dollars in debt on veritable INVESTMENTS. We giving the majority of it away to people who plain don't provide anything in return. Welfare recipients, social security recipients, WIC recipients, colleges and universities, Solyndra, GM, the "chillllldren," retirees, medical bills for people on the verge of death, even wars fall under this category. This isn't to insult or criticize these people or items (though some certainly do deserve criticism, ridicule and an immediate cutting off of funds), but to point out the fact NONE of these expenditures provide a return. It's not like you're lending money to IBM to build a new factory in Georgia at 7% and their ROI is 13%, paying back not only the taxpayer, but creating jobs and providing a net return of 6% to the shareholder. No. The $89,000 in medicare you spent to keep Grandpa Jones alive another 6 months is GONE.
Such debt levels, debt commitments and the fact most of it is merely wealth transfers that have no return, will inhibit any long term economic growth (not to mention drive productive people and businesses away who don't care to be around when the tab comes due).
Now, you combine all these factors and you now have the perfect storm for another bubble.
- A delusional population
- desperate for any good news,
- believing in an almost religious belief that "America always wins,"
- none of whom seem to be willing to go and produce something but all want to major in "music therapy,"
- who also coincidentally keep voting for socialism
- has deteriorating and declining long term economic growth
- crippling levels of debt
- all of which was wasted (not invested) on items that will never pay them back
- and a population so ignorant about basic economics they cannot vote real leaders to effectively lead it
Of course, where will we see evidence of the bubble occurring? Asset prices as always, my dear Watson. Asset prices.
The stock market is overvalued if you want to look at it using P/E ratios or dividend yields.
I can't believe the US Treasury is getting as cheap of interest rates as it is.
The only reason the US dollar has recovered slightly is because the US' debt situation sucks only marginally less than Europe.
Why people keep going into debt to finance an education when there isn't an economy to provide them any jobs, I'll never know.
And let's not forget about that retirement bubble too. Yes, you just keep investing in that 401k because the government told you to. Never mind the ROI is laughable. You just keep plugging away thinking you're going to "retire" at, well, any age.
In the end I do know I'm fighting something more difficult than a 250 pound jiujitsu black belt. Because, whereas I can take on a 250 pound jiujitsu master, at least I can engage him (albeit, very briefly). When it comes to convincing people of the real and dire economic consequences facing the nation, and their galactically optimistic attitudes towards the future, I'm dealing with a mental disease. I'm dealing with people who have a psychological problem. I'm dealing with delusional American't's whose perceptions of themselves are only outdone by the enormous economic problems this country has. And since the situation is so hopeless, and there is such a discrepancy between what American't's think they're capable of versus what they'll inevitably deliver, there is, of course, only two things to do:
1. Sit back and watch reality crush their little "Yeah for Us" La-La Land Bubble
and
2. Enjoy the decline!
Tuesday, March 06, 2012
You Can't Teach "Leadership"
Just as you can't teach integrity or morals.
But MBA schools and colleges sure can charge a lot of money to a lot of naive people making them think such things can be "taught."
Which behooves a question (that I ask in my book):
"How, precisely, does a 22 year old fresh out of "business school" think he's smart, able or experienced enough to lead anything?"
I know, I know. Why ask the question.
But MBA schools and colleges sure can charge a lot of money to a lot of naive people making them think such things can be "taught."
Which behooves a question (that I ask in my book):
"How, precisely, does a 22 year old fresh out of "business school" think he's smart, able or experienced enough to lead anything?"
I know, I know. Why ask the question.
The Captain Goes Shopping!
In addition to an AR15, book sales have allowed me to purchase two new items.
A new flask and a new "tactileneck."
I do believe that if you really want to be a true Cappy Cappite watching "Archer" is a must.
A new flask and a new "tactileneck."
I do believe that if you really want to be a true Cappy Cappite watching "Archer" is a must.
Race Card Trumps Gender Card
Language warning as the University of Man, is well, staffed by men and they have taken the stance (which I agree with) that they're men and they're going to curse if they want to curse.
Background:
East Indian doctorate, with an OK command of the English language is talking to a co-worker about said co-worker's mom who recently passed away. Inquiring about the funeral process, the East Indian is confused about buying a plot of land to bury the mother in and asks
"Why not burn her and put her in box?"
Said co-worker is not offended because the East Indian doctorate is obviously concerned, but just didn't know enough English to say, "are you going to cremate her?"
Two catty #@#$&%'s overhear this and file a harassment complaint.
Said co-worker informs HR he's not insulted and wants the complaint dropped.
The HR *&%$# says the women were offended by proxy.
See what our fine East Indian friend and said co-worker came up with as a response.
Background:
East Indian doctorate, with an OK command of the English language is talking to a co-worker about said co-worker's mom who recently passed away. Inquiring about the funeral process, the East Indian is confused about buying a plot of land to bury the mother in and asks
"Why not burn her and put her in box?"
Said co-worker is not offended because the East Indian doctorate is obviously concerned, but just didn't know enough English to say, "are you going to cremate her?"
Two catty #@#$&%'s overhear this and file a harassment complaint.
Said co-worker informs HR he's not insulted and wants the complaint dropped.
The HR *&%$# says the women were offended by proxy.
See what our fine East Indian friend and said co-worker came up with as a response.
Doug Short Is the Captain's Long Lost Brother!
Mr. Short, I believe must be my long lost twin brother.
Older.
More gray haired.
Probably not a salsa dancer.
But my long lost twin brother none the less.
He focuses on Tobin's "Q quotient" whereas I am lazy and just look up a mathematically similar measure over at Dr. Robert Shiller's office, the S&P 500 P/E ratio.
The moral of the stories are the same.
The stock market is overvalued. It always has been since idiotic politicians decided us people were too stupid to know what to do and engaged in the largest and (soon to be) most damaging social engineering project ever - the 401k/IRA/government ordained retirement program.
Let's essentially ordain the stock market as the ONLY means by which you can save for retirement. AND HEY, GUESS WHAT, let's give 300 million Americans a TAX INCENTIVE to throw their money into the stock market regardless of whether or not its a good buy. No, that won't cause a bubble now, will it?
I'm not a conspiracy theorist, but something tells me Wall Street might have had a role in getting this legislation through.
Regardless, it's nice to see somebody older than me (and therefore wiser, because I know how you baby boomers like to dismiss any human without gray hair as a "moron") point out what I've been pointing out since (cripes???) 2006???
But, no, no. You kids go ahead. I'm just an evil, party pooping republican trying to bring everybody's good time down. You throw your money into the S&P 500 when it only has a dividend yield of 1.8% (Herb, point of tax preference duly noted). I'm sure some spectabulous Obama Unicorn will fly over and fart economic fairy dust to overcome all of our economic problems and all of you baby boomers will retire in comfort, as will, of course, all of you Gen X'ers and Gen Y's who believe in social security, medicare and unicorns that fart economic fairy dust.
I shall part, with something that will probably be lost on most of you pinning your hopes on the woefully underfunded 401k plan:
Enjoy the decline!
Older.
More gray haired.
Probably not a salsa dancer.
But my long lost twin brother none the less.
He focuses on Tobin's "Q quotient" whereas I am lazy and just look up a mathematically similar measure over at Dr. Robert Shiller's office, the S&P 500 P/E ratio.
The moral of the stories are the same.
The stock market is overvalued. It always has been since idiotic politicians decided us people were too stupid to know what to do and engaged in the largest and (soon to be) most damaging social engineering project ever - the 401k/IRA/government ordained retirement program.
Let's essentially ordain the stock market as the ONLY means by which you can save for retirement. AND HEY, GUESS WHAT, let's give 300 million Americans a TAX INCENTIVE to throw their money into the stock market regardless of whether or not its a good buy. No, that won't cause a bubble now, will it?
I'm not a conspiracy theorist, but something tells me Wall Street might have had a role in getting this legislation through.
Regardless, it's nice to see somebody older than me (and therefore wiser, because I know how you baby boomers like to dismiss any human without gray hair as a "moron") point out what I've been pointing out since (cripes???) 2006???
But, no, no. You kids go ahead. I'm just an evil, party pooping republican trying to bring everybody's good time down. You throw your money into the S&P 500 when it only has a dividend yield of 1.8% (Herb, point of tax preference duly noted). I'm sure some spectabulous Obama Unicorn will fly over and fart economic fairy dust to overcome all of our economic problems and all of you baby boomers will retire in comfort, as will, of course, all of you Gen X'ers and Gen Y's who believe in social security, medicare and unicorns that fart economic fairy dust.
I shall part, with something that will probably be lost on most of you pinning your hopes on the woefully underfunded 401k plan:
Enjoy the decline!
Monday, March 05, 2012
Why "CSR" Won't Ever Work
Corporations, in their idiocy to pander to every possible market segment, failed to think long term what would happen to the business environment if they pandered to communists masquerading as "environmentalists."
While corporations think they're gaining a whopping 2% more market share by paying lip service and platitudes towards "going green," it's a fool's errand because the political forces that forced these corporations to set up CSR departments in the first place never really cared about "the environment." "The environment" was merely a tool for a larger, ulterior motive - socialism.
However, it seems some corporations are done being useful idiots.
While corporations think they're gaining a whopping 2% more market share by paying lip service and platitudes towards "going green," it's a fool's errand because the political forces that forced these corporations to set up CSR departments in the first place never really cared about "the environment." "The environment" was merely a tool for a larger, ulterior motive - socialism.
However, it seems some corporations are done being useful idiots.
Sunday, March 04, 2012
William Johnson is an Overpaid Baby Sitter
Boo, freaking hoo.
Something tells me he doesn't have to worry about health insurance.
Getting mighty tired of adult-children from the suburbs who think this teaching racket is a "tough" job. Just once, just once I'd love to see one of these pansified girly men work a 20 hour shift, or heck, I'd settle for them working the dog shift for 3 months and see if they need a therapist to address their sleeping problems and what the lack of sun does to the human mind.
Bunch of spoiled little children who merely aged past the point of puberty but never grew up or manned up and think government jobs are "tough."
Something tells me he doesn't have to worry about health insurance.
Getting mighty tired of adult-children from the suburbs who think this teaching racket is a "tough" job. Just once, just once I'd love to see one of these pansified girly men work a 20 hour shift, or heck, I'd settle for them working the dog shift for 3 months and see if they need a therapist to address their sleeping problems and what the lack of sun does to the human mind.
Bunch of spoiled little children who merely aged past the point of puberty but never grew up or manned up and think government jobs are "tough."
Crusaderism Consolidated
Had a couple requests for this a while ago. Finally got off my lazy butt and put all these seminars into one consolidated list:
Part 1 http://www.youtube.com/watch?v=LD2ofP62KLU
Part 2 http://www.youtube.com/watch?v=ri7euevDADg
Part 3 http://www.youtube.com/watch?v=cSb3-Z42fb8
Part 4 http://www.youtube.com/watch?v=x1_qkf23OiY
Part 5 http://www.youtube.com/watch?v=3nwPLaYJ6kw
Part 6 http://www.youtube.com/watch?v=T-jbgzCBNrw
Part 7 http://www.youtube.com/watch?v=9jUrT4S9GAY
Part 8 http://www.youtube.com/watch?v=mmP9VnLwzWk
Part 9 http://www.youtube.com/watch?v=RH22Ts_P7vY
Now look, I know you yahoos out there who read this blog. You'll click on the first link. watch it, then the second, maybe the third and then stop. You miss the good stuff at the end.
So start with Part 9 and work backwards. And yes, the intro on part 1 is long, deal with it.
Part 1 http://www.youtube.com/watch?v=LD2ofP62KLU
Part 2 http://www.youtube.com/watch?v=ri7euevDADg
Part 3 http://www.youtube.com/watch?v=cSb3-Z42fb8
Part 4 http://www.youtube.com/watch?v=x1_qkf23OiY
Part 5 http://www.youtube.com/watch?v=3nwPLaYJ6kw
Part 6 http://www.youtube.com/watch?v=T-jbgzCBNrw
Part 7 http://www.youtube.com/watch?v=9jUrT4S9GAY
Part 8 http://www.youtube.com/watch?v=mmP9VnLwzWk
Part 9 http://www.youtube.com/watch?v=RH22Ts_P7vY
Now look, I know you yahoos out there who read this blog. You'll click on the first link. watch it, then the second, maybe the third and then stop. You miss the good stuff at the end.
So start with Part 9 and work backwards. And yes, the intro on part 1 is long, deal with it.
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