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Boxed Merlot

Boxed Merlot
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  • Wall Street Breakfast: Tsipras Heads To Brussels For New Deal [View article]
    Can't let your (lack of) empathy for little people overcome your toadyism for banksters...

    Well Bob, this is Seeking Alpha, it's not ZH. GS is beloved by those continuing to inflate their digital cyphrage accounts held aloft in their hot air balloons and being blown by winds that they themselves do not feel as those of us still grounded on earth.

    Pensioners have always been and will ever be easy prey as their energies to fight have pretty much been exhausted battling the dragons in their earlier years / careers. Best to invest in family rather than WS or the hope peddled by DC.

    jmo.
    Jul 7, 2015. 08:16 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Tsipras Heads To Brussels For New Deal [View article]
    somebody who has addiction problems...

    I don't buy that. I know of people who have severe pain issues that regularly take 1-2 such meds per day to cope. These meds do not provide euphoric effects or even used to prevent withdrawal symptoms when taken, but merely allow normal daily human functioning.

    In the US, revealing one's medical history / treatment is enough to cause censure, but you're right in pointing out Dorothy's not in Kansas when she takes a position offshore, even it's with a major multi-national manufacturing company.

    Now, had it been with a multi-national financial institution, borders are irrelevant and she'd be exempt from any and all prosecution, even if she was an addict. (In fact, isn't that a prerequisite?).
    Jul 7, 2015. 11:02 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Tsipras Heads To Brussels For New Deal [View article]
    Greece has assets. It has artifacts. It has islands.


    Sell some of those off...

    Agreed. As long as they continue to own their sovereignty, they can then impose taxes at whatever rate necessary to bankrupt whatever malicious note holder has the audacity to purchase such properties and return said assets to the public.

    Win - Win. Now, get GS on the phone, I'm sure they can print up the details and handle the transactions. (For a fee of course.)
    Jul 7, 2015. 10:44 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Greece Votes 'No' - Now What? [View article]
    Never forget the Golden Rule, "Those who have the Gold, make the Rules."...

    Most realize this is a bastardization of the true biblical golden rule spoken by Christ, (Do unto others as you would have them do to you), but I'm old enough now to see the fallacy of continuing to propagate such nonsense.

    If one is going to misuse the scriptural injunction, at least give it the proper GS / JPM / WS / DC spin: "The one who makes the Rules, (and can get others to obey), gets the Gold".

    jmo
    Jul 6, 2015. 10:37 AM | 3 Likes Like |Link to Comment
  • Lessons Learned From The Grand Canyon [View article]
    Clicked on the article because I thought you were going to expound on the ever increasing chasm between WS/DC and us. I was instead treated to a Louis Rukeyser-esque analysis of a lifetime of learning.

    I sometimes wonder what his take and parable would've been of these last 7-8 years where the fed's massive injection of zero interest monetary devices through their member banks into not only your "Jackson 5" but virtually every other trade-able private sector company's title deeds, thereby increasing their and their member's ownership of these entities has exploded into uncharted territory.

    Perhaps he would've drawn on the way the Salton Sea was created years ago.

    Regardless, it was a delightful read and you're absolutely right, The Grand Canyon is a magnificent natural wonder of the world.
    May 22, 2015. 10:08 AM | 1 Like Like |Link to Comment
  • Saudi And OPEC Move: It's Just Good Business [View article]
    U.S. shale as production costs are constantly decreasing as efficiency is constantly increasing...


    I believe this is what sends shivers down the spines of our bought and paid for policy makers in WS and DC. The fact that their manipulative NIMBY tactics are ineffective in "flyover country" further fuels their drive to apply a tourniquet to the neck of US domestic oil independence with their "International" carbon credit scheme.

    Pathetic imho.
    Dec 2, 2014. 09:37 AM | Likes Like |Link to Comment
  • Do-It-Yourself Home Improvement - Can We Afford It? [View article]
    I also found the leap from home improvement to oil consumption a bit over reaching. I notice the definition of "home ownership" is still being applied to persons servicing promissory notes.

    Home Depot has for several years now realized most large scale "improvements" are viewed as expenses whereas before the mortgage / control fraud melt-down, it was easy to sell them as "investments".

    I also realize the large scale financial institutions which have benefited by the debasing of US currency to the tune of over a trillion new frn instruments a year since '08 will never allow the same jubilee to be extended to those they lord it over, so the US home buyers / renters and squatters will rely on bubblicious stock price gains on the aforementioned home improvement companies to continue unabated absent traditional stock market valuation matrices.

    Hey, per capita oil consumption is as good as any other cause I guess.

    Nov 17, 2014. 02:06 PM | Likes Like |Link to Comment
  • A Much Improved "Gold Standard": The Fisher-Hetzel Standard [View article]
    And no – we would not “manipulate” any market prices – at least not any more than in the traditional gold standard set-up...


    At the risk of providing the ad nauseam self-leveling arguments for the ballast characteristics a gold standard provides for a nation’s ship of state, let me reiterate the primary feature of gold is the rule of law it engenders.

    From the outset, i.e. the discovery of the material in a geographic location, it’s primary ownership, whether an individual, corporation or government entity’s claim to the material in the ground bears greatly on all subsequent ramifications of the prosperity enjoyed by the people of the host nation.

    The nation that provides a greater governmental force to control its resource inevitably carries over into a despotic tyranny of tightfistedness and places it’s citizenry in shackles. When one views the geopolitical risk Au miners place on their reserves, this becomes obvious.

    jmo.
    Jul 24, 2014. 08:49 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Commerzbank Settlement, Open Interconnect Consortium, Samsung Troubles [View article]
    I am warm to the idea of legalizing marijuana...


    Interesting to note the legalized forms are the oils and edibles. It's beginning to surface in Colorado a higher, (no pun intended), degree of tolerance for the physical flame burning stuff. Vap administered hash / hash oil products are necessary to produce the "recreational" euphoria being sought now.

    These will be products big business will likely provide due to being able to provide measurable dosing. NY's solution is akin to saying no beer, only white lightening.

    jmo.
    Jul 8, 2014. 01:16 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Commerzbank Settlement, Open Interconnect Consortium, Samsung Troubles [View article]
    6.4 million?...


    Make that frn 6.4M worth of product, according to Samsung's valuation. I suppose that's where the negotiations will begin with the insurance company.

    If they were insured through AIG, they'd be reimbursed frn 6.4B.
    Jul 8, 2014. 01:06 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I've been long Hewlett-Packard…

    Hasn’t "Waterboarding" technology been around awhile?
    http://bit.ly/1l4Euks
    “Four members of Congress met in secret for a first look at a unique CIA program designed to wring vital information from reticent terrorism suspects in U.S. custody. For more than an hour, the bipartisan group, which included current House Speaker Nancy Pelosi (D-Calif.), was given a virtual tour of the CIA’s overseas detention sites and the harsh techniques interrogators had devised to try to make their prisoners talk. Among the techniques described, said two officials present, was waterboarding, a practice that years later would be condemned as torture by Democrats and some Republicans on Capitol Hill.
    By Joby Warrick and Dan Eggen
    Washington Post Staff Writers
    Sunday, December 9, 2007

    Veteran reporter Robert Scheer wrote in the San Francisco Chronicle in 2007 that Pelosi and Harman hid from the 9/11 Commission and the American people the fact that the interrogations of 9/11 suspects were videotaped…”

    I suppose this new HP design will help .gov’s Bluffdale Utah Metadata Gathering Center. The center will constantly use 65 megawatts of power – enough to power 33,000 houses. http://bit.ly/1l4Eukt

    If so, they’ll need to find another hole to dump their overly budgeted energy resources into. Gotta love the MIC, still a growth sector.
    Jun 10, 2014. 12:18 PM | Likes Like |Link to Comment
  • Gold Manipulation: What Investors Should Do Now [View article]
    Hoping for a "mini-puke"? I agree, this backwoods speed trap “manipulation scandal” is nothing more than a diversion at best.

    I'm far more concerned with the likelihood of a grand mal seizure when the paper / electronic entry currencies backed by sovereign nation’s good faith and credit instruments begin their projected course into nirp and beyond.

    Jmo.
    Jun 6, 2014. 11:05 AM | 2 Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    who is going to buy the Bonds at the current interest rate yield?...


    I suppose the US government union pension plans could be forced by the government to purchase them. Yeah, right, like they'd be fool enough to invest in the US. They'll continue chasing high yields in inflated security valuations before they'd ever consider investing in their own "production".


    jmo
    Feb 24, 2014. 11:03 AM | 1 Like Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Care to back it up with something of substance to justify your faith in the economy and the one's who run it?...

    "Fed Releases Disturbing 2008 Photo"

    http://bit.ly/1fN1wdr
    Feb 24, 2014. 07:06 AM | 2 Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Of course, a fiat currency doesn't have to be tied to gold 1:1...

    Fiat currencies are tied to gold. Rather than a man's suit, I've preferred to view an oz of Ag to a blue collar hour of labor and an oz of Au to a week. The ratio Ag / Au shows the number of hours a "work week" is valued at for projecting labor rates in a developed nation.

    As for the destruction excessive printing does to a nation's balance sheet, it will begin to show soon in the US as the near zirp 10 years begin to mature. Basement gold will at least keep up with the labor exchange rate when the time comes to roll those securities over or cancel them all together in the future. Either way, it's going to get pretty messy.

    jmo.
    Feb 24, 2014. 06:45 AM | 1 Like Like |Link to Comment
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