Poll: Majority of Americans want withdrawal plan for Iraq
June 26, 2006
http://www.usatoday.com/news/world/iraq/2006-06-26-iraq-poll_x.htm
Where the public is now may not mean much four months from now. As you can see by this article, just a weeks change in Iraq qitrh some good news and Bush’s approval ratings jumpoed from 31 to 37%.
Welcome Aboard
June 26, 2006
Conventional wisdom says that the Democrats will win this falls elections. Why not? We’re in the middle of an unpopular war, the popularity numbers for Bush are as low as anyone has seen, it’s an off year, and the Republicans have had their say for a long, long time now. How can they not win? Let me give you a few reasons.
Can I Get A Witness?
June 26, 2006
Over the years, I have put my faith in a lot of gold-philes; however, there are three men that are more than interesting and while they arrive at the same delivery station, they could not be any further apart in methodology. But that’s part of the reason I have relied upon this triune brain trust. Let me share their backgrounds with you. We are all a product of those who have touched our lives in various compartments.
Gold ETF’s Aiming for $3,000 target
June 26, 2006
http://www.miningmx.com/events/lbma2006/604321.htm
What Do I Know?
June 26, 2006
In what seems like a galaxy far, far away; in another time and era, I bought gold at $250 and rode it to $816. And then turned around and lost it all in lumber, Ginny-Maes, and other commodities that I had little clue about- obviously. I did have enough sense to stay out of pork bellies
Know Where You Work
June 26, 2006
When you read the introductory title, you probably didn’t think about what the building was made of and when. However, you could be working in one of the areas that could end your life prematurely. One of the deadiest diseases known to man, which has a life span of literally months (less than a year) from disagnosis to death is Mesothelioma.
The Sovereign Individual
June 26, 2006
When I read Davidson’s book a decade ago, I could get a glimpse of what he was talking about; however, it wasn’t until I met Austin Davis that I totally understood. You never know who might come into your life was an answer to one of those perplexing questions.
FORTUNE Magazine: Bill Gates reboots – Jun. 26, 2006
June 26, 2006
FORTUNE Magazine: Bill Gates reboots – Jun. 26, 2006
Even those that are billionaires are looking for their next job! Bill Gates has found his next job when he steps down in 2008, and the enxt richest man is joining him.
Do What You Are
June 26, 2006
It seems like a no-brainer to say that we as people should be doing what they’re best suited for- what they’re created to be doing. Of course, if you feel like you are an accident, well, good luck.
Continue Reading »
LUCK & HARD WORK
June 26, 2006
A one minute web search, a two minute email, a thirty minute drive, and finally, a one hour interview. The end result was a job for this aspiring young man. Oh, and he started the job the enxt day. If this is how you think you’re going to find that job of your dreams, maybe you should reconsider.
FOLLOW THE THREE STORIES
June 26, 2006
Let me begin with the first story that should not be a story at all; however, the way politics has become so polarized these days, it is. I am talking politics.
John Murtha has now become the male Cindy Sheehan and he seems to be in about as much hot water as the NYT is. When does the right for the public to know exceed the right to tell our enemies what we’re doing to catch them? And when does a decorated ex-Marine step over the line by calling America the biggest threat to world peace?
The second story puts the U.N to shame. When Warren Buffett added his $37 billion to Gates’s $30 billion, they all of a sudden easily became the biggest charity in all time, of all time, and making what the United nations and the World Health Agency does, look pitiful! This will be interesting to watch.
And then we have the Fed!
Ben and the boys will meet this week and for the first time there is no consensus as to what they will do. Hold, raise a 1/4 point, or maybe a 1/2 point? Whatever happens, the markets are going to be girating wildly either way. More on this in my next post.
CHINA STILL DOESN’T EXIST!
June 26, 2006
I grew up in a time when a nation that had three-quarters of a billion people was said to not exist- politically. Then eleven days after my 27th birthday, the General Assembly of the United Nations officially gave “representation” on the world stage to The People’s Republic Of China (which is NOT a people’s Republic).
And here we are thirty four years later and it appears to me that the United States still does not know China exists: as a power that wants our destruction! With a land mass that staggers the USA, a population that is four times our size, and a political philosophy that is the antithesis of ours, can we not see where this is heading?
The Clinton administration gave them scientific and military information that only a fool would think. And it now appears the the Bush administration is going to turn it’s head while China goes after the purchase of one of our major oil companies.
I’m not sure that we can intervene when China decides to make Taiwan it’s puppet. Most insiders say an invasion will happen within the next 2-3 years. And who’s to stop them?
With China producing and manufacturing everything that the world could possibly want, and something like 60%+ of all products that Wal-Mart sells is from China, what’s a person (nation) to do? Good question don’t you think? How about waking up and looking down the road ten years from now?
IT IS FATE vs. THE BULLY PULPIT
June 25, 2006
As we head into the last week of June, and the really-really hot days of August (for Houstonians), it appears we have one of those proverbial battles shaping up. Call it the unmovable force hit by the unstoppable object. Something has to give.
For this week and between now and November, I think it’s going to come down to the bully pulpit (otherwise known as the power of the office of the president) vs. fate: and maybe a little stupidity thrown in for good measure.
Bush and the office of the presidency can command attention at any moment. There is so much power in the U.S. presidency. It’s undeniably the most powerful position in the world- bar none. He can, under darkness of night, fly into Baghdad. He can stunningly drawn down troops (at the general’s requests of course). You name it!
And yet fate can end a presidency in a moment’s notice. There are so many untold events that are out of our control: out of everyone’s control; which is why we call it fate.
Oh yes, and then there’s the stupidity factor: otherwise known as John Murtha. He seems to have lost a few screws along the way and is bent on shooting himself in the foot once a week until he bleeds to death. I can’t believe his latest rant.
PS. Tuesday, I will let you in on some web site changes that are about to happen to this site, and several others, that will be added to make your choice(s) of what you read, more selective.
WHAT WOLF? I’M NOT CONCERNED!
June 24, 2006
I guess it was about three years ago that I began to warn about a real estate bubble. Having spent a good twenty-five years of my life in real estate or real estate franchising, I do know something about it. What I felt three years ago, I feel TRIPLE about it today! How long before we have a crash in the real estate market? If I knew that to the exact month, I could retire from work.
But, let me give you an estimate. I don’t know how in the world we can’t see prices begin to cave sometime in the next twelve months. Would I buy any real estate in the next eighteen months? It would take one sweet, sweet deal to do that. And I believe the sweet deals will be in 2007 and beyond when the real estate market has crashed.
We are in the biggest real estate debt situation, since 1929. Last year, about HALF of all the residentail real estate transactions were done with ZERO down! In other words, people have no equity in their home and if things begin to turn sour, they’ll just walk away. I don’t know what the percentage is, but there’s a good portion of those transactions that are “no principal” loans. You’re just paying interest. No forced savings and a complete dependance on appreciation.
The last phase of a crash is when GREED becomes obvious- and it now has. People on the East coast are buying houses on the West coast at inflated prices with the intent of flipping them (sometimes known as mortgage fraud depending upon circumstances) and making $10-$30,000, or more. In fact, “flipping” is so rampant that mortgagors are now making a requirement of the purchase that you have to hold the property for at least six months.
And then I’m not even talking about the tens of trillions of dollars at risk through hedge funds, Fanny Mae, and Ginny Mae. I know, no one wants to hear me crying WOLF!
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