Category Archives: politics

My Championship Sports Picks

2016 is setting up to be a historic year in regards to elections. The republican and democratic party have respectively and reluctantly chosen their presidential candidates. Through his marketing genius and ability to entertain Mr. Trump has eliminated and eviscerated the other GOP candidates. Similarly, through inherited political connections, promises and skulduggery Mrs. Clinton eliminated Bernie sanders and the primary ballots especially in New York are at the deepest end of the Hudson River. Trump is running a traditional Republican marketing campaign of values and low taxes. He himself is of questionable values but at least he follows through in being an advocate for lower taxes by himself not paying any taxes.

In essence and in effect they are both of highly questionable mores. That is why I suspect I will vote for Gary Johnson. He doesn’t know Aleppo from Adobo but I don’t care as long as he knows and focuses on what is going on here in America.

Just as important or possibly more important are the many local elections. I will list my championship team pics below. Some were chosen because I could not locate an online presence for their opponent, they were cute(Helen Voutsinas) or they had campaign  which I found noble. They come from Gree, Democratic and Republican parties. Enjoy.

Gary Johnson – President
Robin Laverne Wilson – US Senator
Edmund M. Dane – 10th District Supreme Court Judge
Du Wane Gregory – 2nd Congressional District Representative
Jack M. Martins – 3rd Congressional District Representative
Kathleen M. Rice – 4th Congressional District Representative
Gregory W. Meeks – 5th Congressional District Representative
Ellen R. Greenberg – Family Court Judge
Ayesha Keri Brantley – Family Court Judge
Eileen C. Daly-Sapraicone – Family Court Judge
Darlene D. Harris – Family Court Judge
Helen Voutsinas – 2nd District Court Judge
Eileen J, Goggin – 2nd District Court Judge
James F. Gaughran – 5th New York State District Senate
Ryan E. Cronin – 6th New York State District Senate
Adam M. Haber – 7th New York State District Senate
John E. Brooks – 8th New York State District Senate
Todd D. Kaminsky – 9th New York State District Senate
Joseph S Saladino – 9th New York State District Assembly
Charles D. Lavine – 13th New York State District Assembly
Michael F. Reid – 14th New York State District Assembly
Dean E. Hart – 15th New York State District Assembly
Anthony D’Urso – 16th New York State District Assembly
Matthew W Malin – 17th New York State District Assembly
Earlene Hooper – 18th New York State District Assembly
Gary B. Port – 19th New York State Assembly
Anthony P. Eramo – 20th New York State Assembly
Travis P Bourgeois – 21st New York State Assembly
Michaelle C. Solanges – 22nd New York State Assembly
Douglas P. Mayer – 4th Council District Town of Hempstead
Arnold W. Drucker – 16th New York State District Legislator

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Stop, theif!!

Today I want to rant about wage theft. I’m certain anyone that works for a salary and not an hourly wage can identify with what I will write.

Now all my young adult like I aspired to make thousands of dollars so I could make my parents proud and fund my creative activities and partying. When I was finally offered a living wage. I realized the concessions necessary to maintain that job compromised time with family and doing the fun things I expected the job to finance. I especially was not making a living wage if I divided my earnings by the amount of hours I worked and multiplied by 40 hours.

I felt deceived, no, dare I say, I felt robbed. Recently the HR department presented all the workers with a contract regarding “Wage Theft.” How dare they! Anyways just as we are all doing, I quivered in fear of reprisals and signed stating that the company has been compensating for hours worked over 40/week. By my calculations I have been robbed $16,000/year working overtime without compensation.

I must say though, that nowhere does it state that workers must work extra hours. It is an unspoken rule, somewhat of a culture. On at least two occasions it has gone beyond unspoken when my boss has stated [we all need to stay late, and if that’s a problem then we have a problem.] Being the submissive, yes-man that I am, I did not grab him by the throat ant throttle his wrinkly neck.

I must say that labor has gotten weak. What happened to the unions backed by Mafia dons who would punish these bosses and spread the spoils to keep the troops in good morale?(I’ve been watching a lot of Mafia documentaries of late.) Companies would not dare to send jobs away to another country or even state. They would not dare anger labor who had physical prowess to backup their pageantry.

I will close by saying that I am grateful that I am working for this company, in a time where jobs are scarce. I am definitely loyal and will provide them with a positive ROI. For how long is the only question, as I will take my talents elsewhere in conditions do not improve. Ideally to my own company, where I will reap the rewards and retards of exploiting my own labor.

People make the word go round.

We have done it to ourselves, as usual. In the attempt to plug small holes we have created one big hole somewhere else. I am referring to automated services that have saved companies on labor, therefore lowering overhead and increasing profits. TEMPORARILY. The increase is temporary because, when you eliminate jobs with automation you eventually and permanently eliminated a group of customers. Not only for your individual company’s goods/services but other’s goods/services.

This is potentially why the recovery was a jobless recovery. Stocks were moved around, markets and currencies manipulated, people were fired, wages/benefits were cut, and web-sites and automatic check-in/check-out machines were introduced. A large segment of the especially unskilled population became unemployed. Unskilled workers, who were WILLING to work are now have to use unemployment and other publicly funded methods of staying ALIVE. Creating a burden on local and federal governments.

So that’s a double whammy. No spending, plus leaning on the state. These people were WILLING TO WORK, but in our selfish and eventually collective shortsightedness we have screwed ourselves in the long term. We forgot Stylistics’ song “People make the word go round.”

I propose what the nut in the cabin in the woods proposed. Destroy these computers and job-killing automated systems. This will take people off state and federal doles and pump money back into the economy. FDR didn’t just give out money, he did public works projects. He put people to work. We just give out money and people become complacent. NO. Americans need to regain the culture of earning a living. Also while were smashing computers lets get rid of these reality shows full of wealthy people who are living off inheritances or non-working wealthy. That’s a terrible example. I dont expect government to do it alone that would be too hands-on. We the people have to hold public entities public and private to task. We come back to the fact that, “People make the world go round”.

I’m Cashing out

There is a annoying song. The singer keeps repeating the phrase “I’m cashing out”

I am somewhat following in his footsteps. After loosing 20% of my value investing in oil “I’m cashing out” The whole market seems to be going down the drain. I though that we were at the bottom but that was just a plateau. I wanted to ride out the storm but I am seeking a faster turnover than is needed to recover. To recover I would have to wait until the next election.

Barclay’s LIBOR scandal is still manifesting itself. The mainstream media has not yet taken to it, but when they do that’s when there will be shock to the market…..I’m on the phone typing so I’m not coherent…..Anyways, I am saying that to say this, GET OUT!!

The house wins when good men fail to act

It’s an understatement but I am timid to enter the market considering the last few months have been a race to the bottom.
Recent events an knowledge prompt me to sink myself deeper in. TECUA is Tecumseh who makes air conditioner compressors. This week there is a heat wave expected and speculators appear to have known this since last week Friday June 15th. I neglected to mention that I have lost about 15% of my holdings of TECUA in the previous 3 weeks, but a heat wave suggests to me I will recover. If it lasts I may more than break even. I am definitely a gambling addict.
In other news a conservative government has been elected in Greece today. Greece should get its own reality show. Anyways NBG the National Bank of Greece had about a 90% jump between 6/14/2012 and 6/15/2012 in anticipation of election outcomes. On 6/13 it was about $1.19 at end of day 6/15 it was $1.89. I wanted to get out of my chair and kick myself, but thats how the cookie crumbles. It’s like you have a rare encounter with a lady where you meet as strangers have a great exciting conversation and then leave without getting her phone number. While were talking, I actually got that amazing woman’s number but I still blew it, now shes married with kids and I’m still kicking myself. Now I’m confuse…..oh yes! NBG and TECUH should be scooped up on Monday, if anything is left. Dump NBG on Wednesday and TECUH you can follow the following chart to determine the peak:http://www.hpc.ncep.noaa.gov/heat_index_MAX.shtml.

Somebody is going to make a load of money, but you have to be in it to win it. Get in the game. Alas, it is better to have loved and lost that have lost money.

Very superstitious Part 2

Didn’t I tell you? If you read my post entitled “Very Superstitious” you would understand what happened in the markets today. I knew that if I spoke of oil rebounding, it would then fall. I should have kept my mouth shut, but I risked it for your entertainment.

Not 24 hours after I stated that the tensions with Iran would raise oil prices, a Iranian Navy ship helps an American commercial vessel to escape pirates. Now that public sentiment might turn(highly unlikely with the warmongering media) oil has fallen, after about 2 straight days of gain. When I say oil, I mean oil related etfs that I trade.

Watching BBC world news yesterday it appears Hugo Chaves is back in good health so the potential of him being ousted by the other guy is somewhat diminished. So there is still some fear out there, and enough to keep prices up there. Like I said previously Venezuela provides 11% of our oil. If the western leaning new guy in Venezuela even looks like he has a chance, oil companies will be licking their chops while investors loose their shirts with the new gained access to the reserves bringing prices down.

Looking at history we see that there is always war, because its profitable. In a world where the market has expanded to the point where there is nowhere to go, and all the money is less valuable, and EU nations shirk their agreements(Greece I’m talking about you), you have to start over. One way to start over is to just have a big war. Start from scratch, and that is how you make money. By building. so you spend money to destroy so you can make money on the rebuilding. The stock market is essentially a microcosm of the world, the universe even. Nothing goes to waste, things only change concentration.

Very superstitious

I saw Stevie Wonder on television the other day. He has a catchy a tune called “Superstitious.” That title sums up why I have been hesitant to post a new entry. It is understandable that I would be superstitious as any gambling addict would be.

I come from a environment where if you say things are getting better, you effectively just reversed whatever gains have been made by stating such. Better to keep it to yourself and don’t speak so soon. This would make it difficult to write a blog about investing. So ladies and gentlemen for tonights entertainment I will risk lucre and limb to tell you that oil will be going up again.

There is essentially one reason, that reason is Iran. The west will begin its sanctions in July of this year. Also, according to a Bloomberg article an Iranian official expected oil prices to double this summer. Just in time for the vacation season. Another observation I have made came from loosing 20% of my oil portfolio in the last month and seeing that loss reduced to around 15% in two days. Current trends persisting I will be even by this time next week. So if you are a fellow gambler and have something to wager, put it on domestic oil and hold until the first week of the embargo.

Frankly the embargo is a money making opportunity as the west will attack Iran, no matter what they do. The only events that could prevent oil from rising in July is if the debt ridden Euro-zone stops buying, or OPEC members decide to increase production. Oh! Also, Hugo Chaves is ill and the internet is buzzing about an opposition candidate. Venezuela provides something to the effect of 11% of our oil. So there you have it. Turmoil in Iran and Venezuela make it prime time to grab some cheap oil stocks.

Hey, if my superstition works the way it should, there will be no embargo, no war and no overthrow. A lot of lives will be saved.