SAYING GOODBYE!
January 17, 2004
As we enter a three-day weekend away from the noise of ticker-tape stock market banter, I couldn’t help but think how many things are changing so fast. Before you know it, about everything we know is gone and we know nada. After all we DOUBLE the amount of knowledge in our universe every four years now. So, I know about 25% less today than I did a year ago. Some days it seems I know even less.
So, before we miss the chance, let’s say goodbye to the strong U.S. Dollar that will soon not be one. How about saying goodbye to Saddam Hussein as the head of Iraq. If we get lucky we might even get to say goodbye to UBL and his sidekicks.
Goodbye to Hans Blix and his vision imparied inspectors. Goodbye to low interest rates as American’s need for money will force rates up. Goodbye to cheap gasoline. And since he’s the reason for the recent spike in oil prices, goodbye to Hugo Chavez (you might have until the August elections to say goodbye, but just in case, let’s do it now). Now that he’s sternly called himself a “son of Fidel” and a “brother of Saddam”, I guess we know where he stands.
Then there’s the tens of thousands of marines and navy personnel who sailed out of San Diego today. Maybe you’ve seen some of the tearful goodbyes on TV. What we all know but don’t voice is that for some of them, it’s a final goodbye. Only fate knows.
Last, come Sunday morning I’ll be at the Army reserve unit at Beltway 8 and Hwy 290 watching some 160 men of the 808th Engineering Unit climb abord their vehicles and head out caravan-style to Ft. Hood: and then off to the Persian Gulf somewhere. One of those that I will say goodbye to is my twenty-one year old son, Pvt. first class, Justin Fitzpatrick. Some goodbyes are more real and personal than others.
SUPER BOWL” WEEK” IS COMING!
January 16, 2004
Are you “ready for some football?” Are you ready for some partisan politics? Are you ready to RUMBLE (Saddam)? I don’t know if you’ve thought about it, but the week after next will be a real barn-burner.
Make sure you’ve “hedged your bets.” Either head to the sidelines with your investments or be prepared for massive, radical movements in all directions.
Let me give you the Super Bowl Week agenda. We begin of course with the Super Bowl (duh) on Sunday evening the 26th. That will be the fun part. As for me, I think it will be Philadelphia and Oakland, but then again, football isn’t my main mojo.
Things really get interesting then on Monday the 27th when the weapon inspectors prepare their report. It is due that day. Wonder how they chose that day? The way things went down today, my bet is that it’s going to be quite interesting between now and then. I mean, we found eleven warheads (or whatever they are), and we hauled off a reluctant scientist. Hmmm.
Then on Tuesday the 28th, we have the State of The Union address. Wow! Could this qualify for a trifecta? And, just what will Bush tell us on this annual occasion when all the eyes of the nation are on him- and much of the world? Will he confirm we’re at war? Will he say it just started? Or, will he say Saddam has ten days left? Whatever he says, it will be dramatic and forceful.
What I can say is that these first three days (if you consider Sunday the first day of the week of course) will be an awesome start to what I call Super Bowl Week. The rest of the week should be filled with suspense as we close out January 2003.
RIGHT OR POLITICALLY CORRECT?
January 15, 2004
George Bush is one hundred and eighty degress from Bill Clinton. He’s even quite a few degrees away from Bush # 41. The truth can be harsh, it can be a two-edged sword that cuts both ways, and it can win you a lot of enemies. But, in the end, doing the RIGHT thing is the rewarding thing to do.
Bush keeps on stirring up the waters with his “Iraq Attack” rhetoric. Surely he would not go to war without another U.N. pow-wow. Are you kidding me? He’s not going to wait around for another year of inspections with “Hans Blix and his blind mice”. He’s not going to go through a few more months of wrangling with the U.N. Security Council.
In fact, if you wondered if Bush was a man of principles or if he had a backbone, Wednesday gave you more than a clue. In an environment of Trent Lott “hoof-n-mouth” disease, you’d think Bush would steer his political ship of state ten miles away from any issues with a racial tone, but no. Bush came out yesterday and took on the “quota issue” head-on. It’s wrong! It might be politically correct but it’s wrong.
Pickering is a lightning rod for the far left and another racial back-drop but did he back off of re-nominating him as a federal appeals judge? No way. We’ll have 200,000+ men in the Iraqi theatre shortly but they don’t have to go to war just because they are there. With a federal deficit in a parabolic pattern, it would please a lot of people if we’d just compromise with Saddam, bring them back home, and spend more money on “social programs”- ourselves of course. Win some votes with more pork-barrel.
Ahh, but here’s the deal in case you missed it. We have moved out of the Clinton “politically correct” paradigm into a “what’s RIGHT” mind-set. It’s a dangerous mode to be in but for me, it’s a breath of fresh air!
AN ORGANIZING RESOLUTION?
January 14, 2004
Ahh, just when you think we’ve got things under control, we have a Chavez-Opposition stand-off right here in the halls of our U.S. Senate.
You may not be aware of it but the Senate has always (with one exception) given the party in control of the Senate a “2-1 bennie”: as in benefits such as twice the office space and twice the money for support staff.
The one exception was two years ago when Jeffords jumped ship and an exception was allowed that established not a 2-1, but a 51-49 basis. I wonder how you divide an office up on a 51-49 basis? Hmmmm.
A memo has been uncovered that was written by Daschle wherein he urges Senators to stand with him on this issue, as it will hinder and keep the Republicans from doing business, because nothing can be done until an “organizing resolution” has been agreed upon.
So, this is how politics will be for the next two years? Bill Frist even shed his “nice-guy” image in an interview and looked more like a doctor with a scapel in his hand. And, he wasn’t about to do heart surgery. Hey, not all of the confusion is in Venezuela. In fact, maybe this is in honor of Ortega and Chavez who come to town tomorrow.
IMMIGRATION ANARCHY?
January 13, 2004
I know that she’s fairly new to the job; however, Nancy Pelosi’s idea of how to handle some of California’s immigration problems is one sure way to WTCII (World Trade Center # 2).
You see, she wants to allow ILLEGAL Mexican immigrants to use their Mexico identification card as a valid document to get into the local legislative offices, IRS, and other government offices. Are you NUTS?
Her comment when questioned was that the card was a legal document from Mexico. Right. And I am Richard Milhouse Nixon. So, we’re supposed to think that illegals could not create a fake card? And, If we start accepting ID cards from other nations, would we accept one from Canada, Iraq, Saudi Arabia, or Pakistan.
Come on Nancy. It’s one thing to cater to the minority voters in your district and it’s another to open up our borders more than they already are. We’ve got a serious problem with illegals pouring through the Canadian and Mexican borders (and they are not all Canadians or Mexicans). We don’t need to issue another “free pass” to the halls of government.
One of the operative issues here is the “validation” of the some fifteen million illegal Mexicans here in America. While I applaud most of what Vicente Fox is doing, this is a dumb idea and neither Nancy nor Vicente can rightfully justify what I say will only add to “Immigration Anarchy”.
WHEN THE GOING GETS TOUGH…
January 12, 2004
Yes, I bet you can finish the phrase. If not, maybe I’m getting too old. It does seem like more and more people remember less and less the older I get. Interesting what one could deduce from that.
But, back to the subject which by the way is George W. Bush and the times we’re living. Frum’s book had the right title- The Right Man. I’ve just started reading it. How many people wrote him off as “that cowboy from Texas” when in 1998 rumors started about him running for President. A lesson that Ann Richards learned was about to be taught to Al Gore. What the Democrats did not learn in 2000, they got reminded of a couple months ago.
Bush seems to be a “man for the times”, and a man destined for beating the odds. And the odds of a war in Iraq are dwindling. Few thought much about it when Sean Penn and the Hollywood set made their declaration of no more war. The Germans took their stand along with France and Russia as being against the war. Turkey has been balking of recent. But now, Tony Blair is feeling the heat and he’s arranging a pow-wow with Bush for later this month. The Brits want no part of an Iraq war.
My guess is that Bush knows a lot more than he’s saying and that he’s waiting for the right time to play his hole cards. The pair of fours and one ace that he has showing doesn’t look all that strong, but my guess is that he has a full house (two aces faced down).
So far history tells me that Bush seems to be a man that goes against the odds. He’s a man who gets tough when the going get’s tough. He seems to find out how to do the “right thing”. Or, maybe he has some divine insights. Could it be both?
WAR, WAR, & MORE WAR!
January 10, 2004
When it comes to the weekend, I usually think of what I might write that will have a two-day shelf life as I seldom do a post on both Saturday and Sunday. This weekend it’s a no-brainer. I know, I know, so I qualify! Right?
Everywhere I search the internet (and I do a lot of that), I find wars and rumors of war: well, actually promises of war.
N. Korea, in their current blackmail mindset (since we’re occupied with Saddam), are saying that if the U.N. imposes food sanctions that they will look at it as an “act of war”. Say what? They’re kicking the U.N. out and backing out of the nuclear treaty and WE are threatening war? Sometimes dumber trumps dumb.
Then there’s Iraq. Oh yes. Rumsfeld just called up another 35,000 troops and we’re on our way to having 200,000 troops in the Persian Gulf soon. Tomorrow I attend an orientation at the local Army Reserve unit, for my 21 year old son as he prepares to ship out. I am thinking that Bush will use his State Of The Union speech later this month to let the world know what most of us already know, we’re headed to Baghdad. For six straight days now we’ve bombed installations in the Southern no-fly zone. I mean, aren’t we already at war now?
Down South we have Hugo Chavez threatening to take over the banks and food industries, after just firing 1,000 PDVSA workers and thumbing his nose at the Supreme Court by keeping the military in charge of the Caracas police. The banks have been closed for the last two days and knowing Chavez he’ll continue to press and push the opposition into all-out war soon enough.
So, what can we say? It looks like we’re in a season of war and what the world will look like at the end of 2003 is foreign to me. Have a peaceful weekend!
THE RIGHT HEADLINES?
January 9, 2004
I just received my copy of David Frum’s book entitled, The Right Man. I previewed it and it looks like a book that extols the benefits of George Bush, like the title says. However, initial press releases were advertising just the opposite.
The Drudge Report had as a headline report for two days that Bush “insiders” were furious about how badly the book treated Bush. Wrong! Frum’s book does just the opposite of what most headlines read.
Greenspan was the most watched man in the 90′s and the headlines said he was the god of our economic success. Every time the FMOC met, they would analyze his briefcase for clues as to what he’d do. The fact is that he’ll go down in history as the worst Fed chief ever!!!
In fifteen years at the Fed, he’s helped create $5 trillion in U.S. credit money. He’s on his way to adding an additional $1 trillion in this year. And we are now paying the price for his failed policies, just the opposite of the headlines.
Thursday, the headlines around the nation fixed on one phrase by Hans Blix (No Smoking Gun). The stock market loved the phrase and shot up triple digits- big time. But if you really analyzed his words, he basically was saying the opposite of Iraq cooperation, but those comments didn’t get in the headlines.
Sometimes the HEADLINES are just plain wrong. Sometimes the HEADLINES are meant to sell newspapers or garner advertising dollars. Sometimes the HEADLINES represent only the predjudicial views of the author. Sometimes you simply cannot believe the HEADLINES!
HARDLY CLASS WARFARE!
January 8, 2004
The Democrats are trying to make all Bush programs a matter of “class warfare”, especially the economic ones. If you recall, it was the trumpet call of the Democratic Convention in 2000- and it didn’t work then.
I am not so sure that his program will work, in light of the war in Iraq that could cost $60B; however, I do know that taxation is the government’s means of controlling it’s citizenry. I also know that DOUBLE TAXATION, which is the dividend model, is wrong.
I also know that putting the emphasis on a corporation paying DIVIDENDS makes a corporation be more HONEST, and God knows we need that. Very few corporations pay DIVIDENDS because they aren’t making money. Duh! They give us accounting fu-fu dust called “pro-forma operating” numbers, which is a few letters more than BULL- if you get my drift.
Listen, the top 1% of income earners in America pay 37% of the taxes!. The top 10% wealthy citizens in America pay 67% of the taxes. And, the top 50% income bracket pay 96% of the taxes. So, now tell me, why should I give more money back to the bottom 50% who only pay 4% of the taxes. The Democrats don’t want you to know these facts. Instead they want to hide their socialistic, state-controlled agenda behind a “class warfare” chant.
The Bush plan has nothing to do with class warfare and much to do with a equitable lifestyle. You pay taxes, you get taxes back. I know, too simple, but that’s how I feel about it.
HUGO CHAVEZ MUST GO!
January 7, 2004
I have not had good feelings about Hugo Chavez even before he was elected as president of Venezuela, let alone since he took over in 1998. He ran on a platform of reform and help for the poor, of which there are millions in Venezuela. What has happened since he became president is that the poor have gotten poorer and the reform is from democracy to dictatorship!
I pray that the people of Venezuela will continue the sacrifice, which is great, until he is sent packing to his daddy in Cuba! Ever since he took over the office of president of Venezuela he has shown that he has neither the skills to run any country, nor the ability to understand any concept of democracy.
What he calls a democracy is really nothing but a nation being led into a socialistic, left-wing dictatorship. He runs the legislative puppet body and he will not obey the judiciary only if it’s in his interest. On numerous occasions he has told the military to ignore a Supreme Court order. When one man controls all three branches of government, it does not qualify as a democratic institution.
And, just in case you needed more to be alarmed about, Chavez wants to be more than the third leg in the South American triune entity of Cuba-Brazil-Venezuela, he wants to be the fifth wheel of the group of nations made up of Algeria, Cuba, Iran, and North Korea. Yesterday, education minister Hector Navarro declared that Venezuela aligned itself with those four nations.
It’s not just about oil, it’s about a mega-ego that will kill a nation and proclaim that “even if 90% of the people vote against me, I’m not leaving”. Really! It may just be smoke but my guess is that the al-Qaida story (that Chavez gave $1,000,000 to them), may just be the straw that broke the camel’s back. I hope so!
PS. For an interesting view of things, click on the link below in the right hand side entitled- Venezuelan Resistance Movement.
NOT YOUR DADDY’S MARRIOTT!
January 6, 2004
You’ve probably seen the commercial if you’re over 30, but then again, maybe not. You know, the Oldsmobile commercial as they try to sell it to the kids, claiming it’s not your daddys’ Olds! I have been staying at Marriott hotels for literally decades now and I knew the old man before I knew his surviving son. But, neither or them went by the first name Evan!
But then, how many knew the name Darva before she married a stranger before a nationwide TV audience, went on the honeymoon, and then refused to consumate the marriage.
As we mindlessly spend our time watching a twenty women chase after a hunk of a man like like hounds after the fox, we are sending some of our youngest men and women off to Iraq to risk their lives. While war and death await untold numbers of Americans and Arabs, we’re off in la-la land. It all seems a bit strange and convoluted.
I mean after all, “Joe Millionaire” is really just a sexy body who used to model skimpy underwear for “California Muscle” and snug boxers, when he’s not working for $19,000 a year in construction. And even if his last name is Marriott, he won’t be remembered for hotels because he’s not your “daddy’s Marriott”. He’s Evan, the latest made for TV fantasy to take our minds off the realities of life- if but for just a few weeks.
By the way, I’m so sorry I wasn’t able to watch the first program last night.
PS. A ‘google’ search turns up what they call “Joe Cheapskate”, since he was recently busted for not paying a road toll.
The lucky winner will find out the truth in the last and seventh episode.
THE OPENING SHOT- FROM IRAQ!
January 5, 2004
Saddam went on TV this morning in Iraq to proclaim that the weapon inspectors are SPIES! Can you believe it. The TV appearance, though taped, was advertised four days in advance so that all the Arab nations could listen, and it peaked the interest of his citizens (can you say slaves?).
So, was that all there was? Nope! What this mornings speech was all about was a change in posture. Saddam now knows he cannot hide, he will be found out, and that war is inevitable. So, he has begun to spin all matters in a different light and this morning’s diatribe was nothing more than a prelude to kicking the inspectors out- again!
Hey, these inspectors are now getting close: they are even acting smart. They are no longer just looking for weapons within Baghdad. They are looking in cities outside Baghdad. Shame, shame on them. They must be spies.
Meanwhile America keeps calling up reserves and active troops. After the dust clears this week, more than 215 units will be called up to active duty . So, from my side of the monitor, it looks as though Saddam is now changing strategies and therein he will show his true colors and aid America in lining up allies on our side. The fat lady is hauling her large body up on stage.
ANALYZE- WELL, EVERTHING!
January 4, 2004
DeNiro and Crystal are good but not THAT good in their lastest follow up to the movie Analyze THIS with the sequel Analyze THAT! It seems as though the rest of January will be a season to analyze- everything.
It all kicks off Monday with the Democrats getting a one day jump on Bush as they announce their economic plan. Once Buch announced he’d put forth his plan on Tuesday, they opted for Monday and after seeing both of their plans, we can ANALYZE THEM!
Then we have the report that the weapon inspectors will turn over to the U.N. on the 27th of Janaury will the headline. It sure seems umb if you ask me to have the inspectors spending the first month looking in Baghdad. Didn’t Saddam know THAT and wouldn’t he have hid them in the country hundreds of miles from Baghdad? Regardless, the report will come with the tag. ANALYZE THIS!
Of course everyone is acutely aware of the fact that gasoline prices are going up about a nickel each week; however, Bush says he’s not going to open up our reserves. But, with the strike in Venezuela still on-going and the war in Iraq about to begin, it appears that we need to ANALYZE EVERYTHING to make sure we have enough gasoline and heating oil supplies for the winter.
But then again, what’s the point? Isn’t beauty in the eye of the beholder and doesn’t it also follow that what’s being ANALYZED is dependent upon the mindset of the ANALYZER?
Yeah, I know, enough nonsense. Later!
ARE YOU AWARE THAT……
January 3, 2004
Every now and then something catches my eye that seems a bit off-beat, different, weird, and unusual. Recently, it’s been something about every hour! No, but see how this settles in your psyche.
Oil is now approaching $34 a barrel and may hit $40 soon. I know that’s not big news until you pay another 25 cents at the pump and THEN you’ll know it.
The Nasdaq index fell more than 78% from it’s high to it’s low in the last three years, and the one stock that’s held it up from falling through the floor is MSFT. Gate’s MSFT makes up a huge 11% of the total value of Nasdaq.
There are now more than 5,600 mutual funds while the NYSE only trades 3,400 stocks on a daily average. And yet mutual funds lost more than 27% of YOUR value in 2002.
German Foreign Minister Joschka Fischer and Iranian Foreign Minister Kamal Kharrazi are furiously trying to negotiate an exile agreement for Saddam in order to prevent a war. I’ll give odds on it not happening.
The three leading mutual funds that DID make money for YOU in 2002, with an average of 75% gains, were GOLD funds. But, you won’t hear that on CNBC- or Fox News for that matter.
Finally, and this is really the highlight, Ted Turner may be getting married for the fourth time. He’s madly in love with a 53 year-old Paris native, Frederigue Darragon. Just call them Ted & Fred!
PS. Did I mention that Al Sharpton is going to run for president also. Is that eight or nine Democrats now?




