Bad Seats…Hey Buddy!

| March 12, 2013

Hmm…This from the very successful Kyle Bass We are right back there! The brevity of financial memory is about two years. I don’t get paid to be an optimist, I don’t get paid to be pessimist, I get paid to be a realist – and a prudent fiduciary of the capital, and then if i […]

Samsung Galaxy Cell Phone May Work Like Magic With Eye Control

| March 10, 2013

Amazing things are happening in technology…… The Samsung S4 launch will be on Wednesday Rumoured features include wireless charging and ‘eye scroll’ screen The iPhone may face its biggest challenge for supremacy in the smartphone market this week with the launch of the new Samsung Galaxy. In what has been described by some as the most eagerly […]

So….How Do You Feel About The New Rule Changes For Golfers

| March 9, 2013

Yep, just as we thought, nobody likes the rules being changed as described below in this make believe scenario involving golf. Why? Because it gives an unfair advantage to those that didn’t earn it. The government is doing similar things involving almost every aspect of our lives. So then what makes it so hard to understand? Well, let’s look at an example. To put it all in perspective, we can look […]

Did We Read This Right…..They Gotta Be Kidding, Nope They’re Not Kidding

| March 8, 2013

Here are the key words from below:  Two categories of spending represent 12.5% of all discretionary spending. These costs go up when the economy is weak, they have never, repeat never declined. Consider just these two components of the discretionary spending budget; (1) Food Stamps, and (2) the Earned Income and Child Credits. 1) Food Stamps cost the government […]

Retirement Market Assets Are Looking Much Better…But We Have A Long Way To Go

| March 8, 2013

Hmm….the average working age person has only about $79,651 saved up for retirement. That works out to about  $416 per mounth of retirement payout if retiring at age 62. ICI recently released their retirement plan data through Q3 of 2012. The chart of the day shows the real (inflation adjusted) total retirement market assets per working age citizen […]

Something Smells Fishy Here…..Is It Really Tuna?

| March 3, 2013

So…… A New Study Shows 59% of “Tuna” Sold in the U.S. Isn’t Tuna The non-profit group Oceana took samples of 1,215 fish sold in the U.S. and genetic tests found that that 59% of those labeled tuna were mislabeled. It seems that “white tuna” should be avoided in particular as “84% of fish samples […]

The Consumer Appears Taped Out As Income Dropped By The Most In 20 Years…At The Same Time A Trap Door Just Opened, Taking The Savings Rate Back To 2007 Levels

| March 1, 2013

How do we define austerity?  Quit simply we think it means that out into the future… “we’re all going to be poorer”. This sets up a bad game, and looking at the view of the field, it really doesn’t look anything like the ticket they sold us……more specifically, we have  “bad seats, hey buddy…front row behind a pole, and we just sat […]

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