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adb_jaeger's LiveJournal:
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| Sunday, July 12th, 2009 | | 12:18 pm |
| | Saturday, July 11th, 2009 | | 10:27 pm |
Gambling with children.....
So we have our nine year old nephew visiting for 10 days. So far, we've taken him to a bar for cornholing, another bar for drinks and pool (ok, it was a Dave&Busters), and a Cubs game. I think taking the child to the Cubs game is the worst of the three offenses. But we hadn't done any gambling. Until tonight. We're flailing around on "Guitar Hero", which we bought for the Wii. Someone would pick a song, we'd all try it, and compare scores. That's not where the gambling came in. We were completely dissing his music, in the way that only old-fogy-(pseudo)-parents can ("You listen to this shit? There's no melody!!"). His answer "My dad likes it!". I pick "Carry on Wayward Son"..... and Joey begins feeding us the same lines: "This music sucks", etc. etc. Kim says..... "I bet your Dad likes it!" "No way". "Way.... I'll bet you $5. Call him". (ring ring ring). "Hi Mom.... yeah, can I talk to Dad?" (Kim, aside to me: 'This is the easiest $5 I've ever made'). "Hey Dad.... yeah, it's fun, uh huh... listen... we're playing Guitar Hero, and Aunt Kim said you loved this song..... um, Kansas, Carry On Wayward Son..." "yeah... um... yeah... but do you LOVE it?" (long pause). "Crap!!!!!" (ka-ching!) "Yeah, dad said it was a classic". I guess the first beer (or 1/2 a beer) is on Joey tomorrow night at the 2nd Cubs game.... | | Thursday, July 9th, 2009 | | 10:04 pm |
He must use a measuring device I am not familiar with
In totally shocking news, Roland Burris will not stand for election next year. A top source close to the senator said that since starting in the U.S. Senate, Burris wasn’t sure he could handle the grueling schedule of fundraising and trying to be a senator, especially in an environment where his popularity waned and “the tide was against him.”
His popularity WANED? I didn't think you could go below zero.
| | 3:20 pm |
Let's hear it for . . . . . honesty!
Snow JobHere is a severe-weather alert for U.S. retailers: Seasons change. They do it every year. The weather is different in different parts of the country. Every year and every season. If you don't have a business model that can account for that by now, maybe your business is more than just under the weather -- maybe it's in the ICU.
The weather that is drying up retail sales is the storm of job losses that has washed over this country in the last 20 months, the major recession we are suffering through and the fact that Americans' nest eggs have been reduced by 40% or more in this financial crisis.
Why not just admit that and quit blowing sunshine ...
Disclosure, as if there was any doubt I'm talking my book: I'm short. (The market, you jokesters!)
| | Wednesday, July 8th, 2009 | | 6:28 pm |
You know, I'm *almost* sympathetic here, but...
Banks draw line over accepting Calif. IOUsI really can understand the mantra of "you took government bailout money, how can you hose these people holding IOUs"?. Almost. I mean, isn't accepting poor credit risks exactly what got these banks in trouble? So now, when they turn around and say "we think this paper signed by the Governator isn't worth 100 cents on the dollar", only *now* do we get pissed off? Look people, make up your minds. Either you want the banks to fairly mark paper, or you don't. Which is it? | | 11:22 am |
| | Tuesday, July 7th, 2009 | | 8:09 pm |
| | 8:07 pm |
| | 10:56 am |
| | Monday, July 6th, 2009 | | 6:50 pm |
Not Understanding How Things Work
In the WSJ (possible subscription required).... Buyer's Remorse Hits Vegas Project One of the costliest and highest-profile condominium developments in the country -- the $8.4 billion City Center project in Las Vegas -- is facing a revolt from some early buyers.
Some buyers who signed contracts are demanding significant price reductions, and have hired a law firm to take their grievances to the project's principal developer, gambling company MGM Mirage. Others want their deposits back. Some are using a Web site, citycentercondodepositgroup.blogspot.com, to air their grievances.
. . . .
"You have 1,500 condo buyers right now who wish they'd never put this thing into contract and most of them have some kind of relationship with MGM Mirage," said one buyer who put a $600,000 deposit on a $3 million unit, and would like to get his deposit back. "It's tricky for MGM Mirage. You make your best customers angry."
Don't want to close? Fine, don't close. But you're not getting your money back.
I'm sure that had the real estate boom continued, and Mr. Early Buyer there had flipped his $3mm condo for $4mm, he'd be cutting MGM in on part of the winnings, right? Right?
| | Friday, July 3rd, 2009 | | 6:58 pm |
Wow... what a fucking train wreck
I just watched the entire statement by Palin. NFW did she do this by choice. That was the absolute *end* of her political career. I expect either severe criminal indictments or some ugly personal revelation is coming soon. | | 4:51 pm |
| | 7:22 am |
| | 7:07 am |
Well, good thing the Chosen One has excellent spin-meisters..
On CNBC, the head of the Council of Economic Advisor talks about Thursday's horrific jobs numbers. "My statistical people do tell me that these numbers do jump around". Really? Really? That's the best you can do? So, let me sum up....... If a number is less bad than last month (say, like the jobs report from early June), then that's a "green shoot", and the "second derivative is getting better". But if a number is horrific (like this month, where it missed expectations by a *wide* margin), then that's just a statistical fluke, and of no great consequence? I wish Mark Haines had done a better job of pinning her down on that. | | Thursday, July 2nd, 2009 | | 9:51 pm |
| | 6:42 pm |
| | 7:41 am |
From 1930, could be today.....
Mentioned this before, but this guy is running a "Best of the Wall Street Journal", day-by-day, from 1930. Today's issue (July 2, 1930), in the Stock Market Jokes section: At a recent large corporation's stockholder meeting, the secretary was annoyed to find two men with no proxy forms. "Whom do you represent?" the secretary asked. "The short interest," the gentlemen replied. | | Wednesday, July 1st, 2009 | | 8:03 am |
| | Tuesday, June 30th, 2009 | | 9:40 pm |
FauxNews...
I'm taking a schadenfreude filled glance at foxnews.com. One of the current headlines: Franken 'Winner,' Dems Get Filibuster-Proof Majority. I love how they're so fucking bitter they have to put air quotes around the word winner. To quote Jon Stewart (again): You lost... it's *supposed* to taste like a shit taco. | | Monday, June 29th, 2009 | | 3:00 pm |
Sold... to YOU!
Real estate transaction finalized. Leveraged depreciating asset, gone. |
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