RANT: My market outlook; catch that falling knife?

Sunday, August 29, 2010

http://online.wsj.com/article/SB10001424052748703908704575433670771742884.html?mod=WSJ_hpp_sections_personalfinance

* RUNNING WITH SCISSORS
* AUGUST 21, 2010

Rethinking Gold: What if It Isn’t a Commodity After All?

*** begin quote ***

For investors convinced U.S. lawmakers and central bankers will successfully manage the budgetary woes and the massive unfunded liabilities of Social Security and Medicare, then gold is overvalued in the long term. Righting America’s national balance sheet would explicitly raise the dollar’s value as investors with money abroad move assets into a more-sound American economy. The selling of euro, yen and pounds would push the dollar higher—and gold lower.

If, however, you worry the U.S. balance sheet is irreparably damaged, then gold currently reflects the likelihood that a weak-dollar trend still has years to run as the U.S. struggles with its financial mess. Investors—and consumers—looking to preserve their purchasing power will gravitate toward gold, since its quantity isn’t easily manipulated.

Invest in gold, then, according your beliefs about the future of the greenback. Just don’t invest based on the idea that gold is a proxy for inflation. You are likely to be played for a fool.

*** end quote ***

Yeah, trust that politicians and bureaucrats can put us back on the right track? And, the tooth fairy will leave “We, The People” a few trillion dollars under our pillow tonight.

No, this is going to get very ugly.

Just watch the politicians and bureaucrats get gold plated pensions and lifetime healthcare, and see that the serfs get? Obamacare and the proverbial iceberg for old people. Sarah was right about “death panels”. When the livestock is uneconomic what do you do with it? Off to the slaughter hose called healthcare. The State needs the young vigorous workers. The soldiers for its endless wars. Dumbed down by Gooferment education so they won’t object to being led by the elite. (Where do politicians send their children to school?)

At the first hint that the 2010 elections are not going to sweep the D’s out, the market will tank as EVERYONE, including me, tries to hit the exits.

Even if we dodge that bullet, at the first hint that the then Lame Duck is going to do bad things, again the “eject button” gets hit.

And, even if we dodge those two, at the first hint that the New “Tea Party” driven Congress is not going to: defund Obamacare, roll back spending in a big way, and reduce taxation / regulation on small businesses. Again, hit the “eject me from this market” button. Where that wealth goes is problematical: gold, overseas, into real assets like farmland?

And even if we dodge that, at the first hint that BHO44 isn’t a one termer, exit stage left. Wealth will again leave the playing field before it gets stolen. Better to bury your gold coins in your back yard than let your IRA be stolen for an “enhanced Social Security benefit”.

For your own good of course, the stock market is too risky. Never let a good crisis go to waste. The returns on your wealth that was stolen under the guise of Social Security Insurance are so superb; throw your IRA and 401K on the same bonfire.

Argh! Not looking too good for the future generations.

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GOVERNACIDE: Seven!

Sunday, August 29, 2010

http://apnews.myway.com/article/20100829/D9HT5OJ80.html

7 US troops killed in latest Afghanistan fighting
Aug 29, 9:10 AM (ET)
By CHRISTOPHER BODEEN

*** begin quote ***

KABUL, Afghanistan (AP) – Seven U.S. troops have died in weekend attacks in Afghanistan’s embattled southern and eastern regions, while officials found the bodies Sunday of five kidnapped campaign aides working for a female candidate in the western province of Herat.

*** end quote ***

Sadly reported.

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MONEY: DC eyes the IRA and 401k pots of gold

Sunday, August 29, 2010

http://www.wnd.com/index.php?fa=PAGE.view&pageId=196173

WND Exclusive
Government wants your 401(k)
Hearings set on plan to require Treasuries in ‘automatic IRA’
Posted: August 26, 2010 11:03 pm Eastern
By Jerome R. Corsi

*** begin quote ***

WASHINGTON – AUGUST 17: Treasury Secretary Tim Geithner speaks during a Conference on the Future of Housing Finance at the Treasury Department on August 17, 2010 in Washington, DC. Secretary Geithner hosted the future of housing finance conference with industry experts, leading academic experts and other stakeholders. The Obama administration appears to be proceeding with a novel way of financing trillion-dollar budget deficits by forcing IRA and 401(k) holders to buy Treasury bonds by mandating the placement of government-structured annuities in their investment accounts. The requirement to invest private retirement assets has been cleverly buried within plans to create “automatic IRAs” that would mandate employer groups enroll all employees in 401(k) or IRA plans.

*** end quote ***

When the Gooferment needs trillions, where can it find it?

The retirement savings of the workers.

Think it can’t happen here?

Think again.

Remember FDR and the gold confiscation?

And all “they” have to do is tell the less than 2,000 “custodians” to send it in.

What Congress gives; it can take away. And, one should NEVER trust a politician. EVER!

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GOVEROTRAGEOUS: Here’s why the Gooferment shouldn’t be involved in schools

Sunday, August 29, 2010

http://abcnews.go.com/US/miss-middle-school-bars-black-students-running-class/story?id=11498343&page=1

Miss. Middle School Bars Black Students From Running For Class President
At Nettleton Middle School, Student Government Posts Were Assigned by Race
By RUSSELL GOLDMAN
Aug 27, 2010

*** begin quote ***

After 30 years of barring black students from running for class president, a Mississippi public middle school, reversed a Jim Crow era policy today and announced students of all races would be allowed to run for student government.

Students at Nettleton Middle School looking to run for class president, previously needed to maintain a B average, obtain 10 signatures from their classmates – and be white.

Rules issued last week outlined the school’s rules for seeking office. Students could run for president, vice president, secretary-treasurer and reporter, but some positions were off-limits depending on race.

In all three grades, only white students could run for president. In eighth grade black students could run for vice president and reporter. In seventh grade blacks could only run for secretary-treasurer, and in sixth grade only for reporter.

There were no assigned positions for students of other races and no mention of students who are mixed race.

*** end quote ***

And, “We, The People” should throw the politicians and bureaucrats out of the “education” process.

“We, The People” are smarter than this.

Remember Walter William’s opinion on education. “If the Grand Dragon of the Ku Klux Klan wanted to sabotage black academic excellence, he could not find a more effective means to do so than the government school system in most cities.”

It’s immoral to do this to children. It’s immoral to propagandize them into being prisoners of the system. Any system.

It took us decades to get into this mess; it’ll take decades to get out. But let’s start. I’d propose a two part way out. (I wrote this up for the NJ tax revolt group HANJ which was hijacked by the Republican party,

(1) Each part would be twenty years.

(2) First part, we continue funding education as we do now. EXCEPT each student gets a voucher for X dollars. In year 1, all vouchers are “RED” meaning they must be “spent” at the local school district. Then each year, for the next 19, in a random draw, 5% of the vouchers turn “GREEN” meaning the parent can use that at a school of their choice. No limits. No Gooferment rules. At the end of 20 years, we now have a free market in education. The Gooferment o longer is operating youth propaganda camps.

(3) Second part, each year for the next twenty years, the value of the voucher decreases 5%. At the end of 20 years, we are no longer funding education; parents are. They had them; they should educate them.

And, I hope you’all have a much different society, much freer, than we do today!

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QUOTE: It’s impossible for education and schooling to be the same thing – John Taylor Gatto

Sunday, August 29, 2010

“I don’t think we’ll get rid of schools any time soon, certainly not in my lifetime, but if we’re going to change what’s rapidly becoming a disaster of ignorance, we need to realize that the school institution “schools” very well, though it does not “educate”; that’s inherent in the design of the thing. It’s not the fault of bad teachers or too little money spent. It’s just impossible for education and schooling ever to be the same thing.” –– John Taylor Gatto

http://www.preservenet.com/theory/Gatto.html

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FUN: Hospital stupidity

Saturday, August 28, 2010

FROM MY HOSPITAL NOTES

About 1AM, the night nurse WOKE Our Girl <<the patient>> up to tell her that “they needed her ADVANCED DIRECTIVE. BEFORE they could do the procedure today.”

(<Expletive Deleted> are you <synonym for excrement output> me! How many copies have I given RWJUHNB over the past 5 years and you can’t find ANY of them.)

So, now, Our Girl is upset. Is this procedure more dangerous due to the low platelets? Why are they asking for it now? Has the leukemia gotten worse? And what am I supposed to do at 1AM in the morning? Should I wake up the PA <<meaning me, the spouse>> who probably just went to sleep? Argh!

(Actually I was still awake.)

SOoo at 5:50AM, she calls PA. I’m dead out, but I hear the phone. Now, I start think: “Oh <excrement> what’s gone wrong now!” I answer the phone but she’s hung up. I’m looking at the caller id to see who called. Then, my cell phone starts to ring in its charging station in the “office” bedroom. So I stub my big toe running to catch it.

(THink of your favorite Marx Brother’s movie)

It’s Our Girl, who’s royally <synonym for urine output> off and relates the whole tale.

Now, I’m starting to worry. Why now, what’s changed since last night at 9pm. Is this just bureaucratic stupidity? No going back to sleep now.

(My toe still <Expletive Deleted> hurts.)

When I was on the phone, I couldn’t remember where the <Expletive Deleted> the papers were. I know that the originals are safely in the safe. But those are legal size and I don’t have a legal size copier. I know that they are on the website in a password protected directory but I haven’t used it in years. I should have a copy in the “medical records” bag but I haven’t looked for it in a year.

So, now I’m cranked.

Yeah, the form’s copies were where they were supposed to be in the bag in the patient’s room all the time.

Keep reading. It gets better!

I arrive around 730AM with the forms, (and coffee). (I’m going to need a LOT of coffee to stay awake today.) Our Girl says “don’t give them; make them ask”.

The morning proceeds, she goes for the test, and the routine rambles on.

Yup, you guessed it. NO ONE EVER ASKED!

Wait it gets better yet.

The “nurse manager” for the floor comes around two days later “conducting a patient satisfaction survey”. By now, Our Girl has had two days to stew and brew. Now, she RARELY complains or asks for anything in the hospital. She feels genuinely upset to be imposing on the hospital workers. BUTT (there’s always a big but) this is an exception. She vents it all out. Chapter and verse. And this manager says: “Oh, X is pregnant and has ‘baby brain’.”

Talk about volcanic eruption! Pour some case on the smoldering camp fire why don’t you? It was almost out and you have now mad eit ten times worse. Our Girl ended with: “Then she should be working in a file room somewhere; not tending to patients.” Nurse Manager shrugs her shoulder, thanks Our Girl for her input, and departs.

Our Girl is STILL <synonym for urine output> off and has it stuck in her craw!

And, I’m still amazed at the stupidity of all involved, the poorly designed processes, and the technology failure to capture and prevent.

Argh!

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PLINKY: One Law I’d Abolish

Saturday, August 28, 2010

It’s sad that “We, The People” keep allowing the political class to enslave us.

money to burn

It would be the 1913 law that created the Federal Reserve Bank.

This created a banking cartel of elite bankers, a monopoly, and turned us into serfs working for them. Andrew Jackson killed one central bank. Teddy Roosevelt stumped against monopolies. But some how this one whizzed by “We The People”.

It allowed bureaucrats to manipulate the money supply for the benefit of the banking elite and the politicians. It allowed Welfare and Warfare without having to pay for it. When FDR stole everyone’s gold and Nixon finally closed the Gold Window, the enslavement was complete.

Lest you think my tin foil hat is a might snug, because the Federal Reserve Bank’s charter talks about reserving purchasing power, consider that since 1970 the purchasing power of the dollar has lost 95% of its value. Since 1913, no one even talks about that. Some “preservation”.

In current day America, we have an out of control Gooferment, spending worse than drunken sailors — at least sailors are spending their own money and stop when they run out. Future generation are in debt to the Chinese in amounts that are nonredeemable. Deficits as far as the eye can see. Unfunded liabilities every where you look. Gooferment bureaucrats are over paid and have lifetime benefits retiring long before the serfs that have to pay the taxes.

My Rx:

0. End the FED, fiat currency, and use long term bonds (50-100) years to dig ourselves out;

1. End the personal and corporate dole;

2. End gooferment public education;

3. Stop the various wars — foreign and domestic;

4. Repatriate the troops home;

5. End the drug war; pardon all non-violent drug offenders;

6. Downsize ALL gooferments;

7. Eliminate all taxes but tariffs and excise;

8. Reform “social security” similar to what Chile did in the 1970;

9. Reform all Gooferment pensions similarly;

10. Begin to put politicians and bureaucrats on trial for “conflict of interest” and corruption. Enact term limits — one term for any elective office; one 18 year term staggered for SCOTUS.

11. Repeal the 16th and 17th Amendments.

And, it all starts with the law that created the Federal Reserve Bank. Which by the way is not Federal, Reserves nothing, and is not a Bank in any normal sense of the word. And why does it have its own police force. And, why has it never been audited.

Argh!

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WHIZDUMB: FOWG’s guide to “Patient Advocacy”

Saturday, August 28, 2010

http://en.wikipedia.org/wiki/Advocacy

*** begin quote ***

Advocacy by an individual or by an advocacy group normally aim to influence public-policy and resource allocation decisions within political, economic, and social systems and institutions; it may be motivated from moral, ethical or faith principles or simply to protect an asset of interest. Advocacy can include many activities that a person or organization undertakes including media campaigns, public speaking, commissioning and publishing research or poll or the ‘filing of friend of the court briefs’. Lobbying (often by Lobby groups) is a form of advocacy where a direct approach is made to legislators on an issue which plays a significant role in modern politics.[1]

*** end quote ***

http://en.wikipedia.org/wiki/Patient_advocacy

*** begin quote ***

A patient advocate acts as a liaison between patients and Health Care Providers to help improve or maintain a high quality of health care for the patients. The terms patient advocate and patient advocacy have a broad range of usage and may be applied to the actions of many different individuals and organizatons. The patient advocate may be an individual or an organization. Patient advocacy organizations are often non-profit and focus on one aspect of health care or a specific disease. There are also governmental agencies that study and ensure compliance with government regulations or help individuals get information, financial aid, or help with interventions to allow improved health care for the individual. Some patient advocates work for the institutions that are directly responsible for the patient’s care. Many health care professionals see themselves as advocates for their patients. In any case, the Patient Advocate is a vital instrument to both patient and physician in the optimal delivery of health care. There is currently no curriculum, certification or standards for becoming a patient advocate. A Patient Advocate need not be in the health care profession and may simply be a concerned citizen, supportive neighbor, friend or family to listen, take notes and help the patient communicate, understand, remember and cope with an often confusing and fearful process.

*** end quote ***

  1. Awareness
  2. Organized data collection
  3. Roster of Doctors and Pharmacy information
  4. Drug lists (including brand name and generic name, dosages in plain speak, who ordered when, who stopped it when, why is it being taken specifically)
  5. Readings and Lab Reports
  6. Itemization of major events with description
  7. Injections, Immunizations, Transfusions, Infusions, and Procedures
  8. Ledger for medical expenses
  9. Correspondence
  10. Archive for all of the above

It’s import to keep authentic holographic notes in a bound book. You need some type of a numbering system to refer to document into your bound book. The exception to the hearsay rule is recrods kept in the normal course of events.

As far as litigation is concerned, fuhgeddaboudit! (translation from the Brooklyn dialect: “forget about it” with a sneer.) Unless they have killed you or crippled you for life, it’s just not worth the effort and expense.

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RANT: A yute can see the “barbara streisand” in a recent new story. Is there hope?

Friday, August 27, 2010

FROM A FACEBOOK ECHANGE WITH A YOUNGSTER WHO MAY BE SEEING THE LIGHT

CS: Anyone else think it strange that right as we pull out of Iraq, Iran unveils a long range unmanned strike bomber?
** 9 hours ago via Facebook for BlackBerry · Comment · LikeUnlike

FJR: No stranger than anyone thinks we are really “out”!
**   7 hours ago · LikeUnlike ·

CS: Well never out but that’s what they have to say
**    7 hours ago · Like

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A fellow your age should be inquiring when exactly we will pull our troops from Germany. The folks who fought WW2 are dying off of old age, yet we’re still there. And, still paying and still paying and paying.

Most importantly, think of all the wasted human effort spent on a meaningless activity. Hours and hours of unproductive human potential flushed.

And, if you think of those hours as “transferable” (i.e., that effort applied to something else frees up some one else to do something undone or that can’t be done by someone else). Best description I ever read was that freeing up one soldier, who returns to be grocery checkout clerk in middle-of-nowhere Idaho, starts a long string of silent unseen human resource reallocations that ends with a research scientist somewhere finding the cure for cancer.

Sigh!

And, we’re borrowing the wealth from China to pay to secure Germany from the non-existent past threat from the defunct USSR that youse youngsters will have to pay back with interest.

Argh!

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POLITICAL: Not post-racial yet

Friday, August 27, 2010

http://www.youtube.com/watch?v=7qeMslmDBxY&feature=watch_response

Beat Whitey Night – Attacks mar Iowa State Fair – NBC-2.com WBBH News

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Guess we are not in a “post racial” amerika yet. Note the lady police officer saying “doesn’t know if it’s racial” but all the victims were white. Are you kidding me? If that was reversed, imagine the response? Argh!

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