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Franklin Feddersheim
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A red-blooded tea party patriot defendin states rights and freedoms and who don like ta be "forced"!, and wants to march like an egyptian. twang twang ding dang dong twang second amendment raiyts twang twong twing twang!
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  • Emerging Markets- The Final Frontier

    As we approach an unprecedented weekend, the grim reality of a global recession has investors once again placing their hopes in coordinated central bank intervention. Meanwhile, businesses and investors alike eye reluctant emerging market consumers as their best hope for earnings growth. Identifying willing customers outside of conventional markets will separate those who weather this storm from those who falter in a harsh global economic climate. In this letter, I will identify yet-to-emerge markets that are ready to fill the void in demand, but bold action must be taken.

    A brief discussion of Social Cognitive Theory will help illustrate my point. Social Cognitive Theory credits our ability model behaviors with the advancement, and perhaps, survival, of the human race. Put more simply; humans are capable of learning by means other than trial and error on an individual basis. This trait is not unique to our species. In fact, all social species in nature, from birds, to apes, to dolphins demonstrate this attribute as fundamental to their survival. Interestingly, humans are the only known species to exploit this tendency for selfish gain. In a perverse twist of fate, humans have invented marketing, political science, and even game theory to exploit our genetic "collective survival" programming.

    Social Cognitive Theory explains how humans were able to advance from mostly nomadic gatherers to middle-management dingleberries in less than 2.6 million years. It also explains how we are genetically programmed to be gullible consumerists. For such a sophisticated grasp of Social Cognitive Theory as it applies to our species, we fail to realize its effects on others.

    Recent studies have demonstrated various social animal species as "smarter than we previously thought". Apes, dolphins, and even birds have demonstrated behaviors previously thought exclusively human, such as the use of tools to obtain food, creativity, the ability to pass learned information on to their young and long-term memory of newly learned information. I contend that the non-human species recently observed using tools have not been doing so in secret for 2.6 million years. Instead, as Social Cognitive Theory would predict, these behaviors are indeed new. They were most likely learned through observation. Even, perhaps, through observing humans. Regardless of how they arrived as a species, they have entered their respective "Pre-Paleolithic" (Pre-Stone Age) eras. If that does not scream "emerging market" to you, you might as well quit investing now and take up cribbage.

    While it did take roughly 2.6 million years for humans to evolve from the "Pre-Paleolithic" Era to worthwhile consumers, we did so as a species without assistance, and with numerous inter-species conflict oriented detours. Coaching other social species already on the cusp of their respective Stone Ages up through the Modern Era could take as little as 15 years! Not a moment too soon for blue chips hard pressed to find willing consumers!

    The cost of accelerated Era advancement for non-human social species is as necessary now as investment in the internet infrastructure was in the 1980s. The economic impact of opening the doors to the avian, ape, and marine mammal consumer would dwarf that of the industrial revolution. Putting half of the worlds raven population into fuel efficient automobiles would spur US GDP alone by an estimated 2%. Corporations willing to invest in technologies targeted at markets ignorant to the concept of "caveat emptor" stand to gain mightily until competition realizes the missed opportunity and scrambles to catch up.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jun 16 1:15 AM | Link | 2 Comments
  • Meritocracy for All!
    A quote from Wal-Mart's CEO taken from Zero Hedge: "'About 11 p.m. customers start to come in and shop, fill their grocery basket with basic items – baby formula, milk, bread, eggs – and continue to shop and mill about the store until midnight when government electronic benefits cards get activated, and then the checkout starts and occurs. And our sales for those first few hours on the first of the month are substantially and significantly higher.' Wal-Mart CEO"

    Clearly a great tragedy has befallen our once great nation!  As the great Alexander Tytler might have said, "A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship."

    Democracy has failed, just as predicted by Tytler, and as evidenced by the monthly sales receipts at America's favorite shopping center.  Forget the $3 trillion and counting we're spening on wars for freedom, the real terrorists are pushing shopping carts around Wal-Mart at midnight on the first of the month!  I say we send a few F-18s back across the ocean and start bombing the real threats to our freedoms- deadbeat dependents on our overly-generous government entitlement programs!  It's time to eliminate runaway big-government waste!  It's time for Meritocracy!

    Our movement for merit based government appointment/aide should begin with a reality television show everyone would love called, "Weed-Out!"  A camera crew would follow three "Weed-Out" judges as they confront and report unworthy dependents on government entitlement programs.  To keep the liberal media/ lawyer-scum from suing the show, it would also have a second segment where a corporate executive accused of fraud or any number of other liberal business-stifling laws was reported and sent to trial for the charges brought against them.

    In this way, "Weed-Out" would have one segment that any given viewer would find appealing and another segment that they would find appalling.  Both would compel anyone to watch the show religiously!

    With enough of a following, the "Weed-Out" judges would become more powerful than our bloated government, making them the de facto leaders of our Meritocracy!  Then, everyone would see that the way to make America great again is to trim through the government fat and give this country what it needs- six reality show judge patriots- our 21st century founding fathers!  It's the only way to avoid the inevitable socialism fueled dictatorship we're headed for!
    Sep 22 5:39 PM | Link | 1 Comment
  • when I say "hang!", you say "over!"
    I sat down at my terminal realizing I may not yet be capable of writing, which may make it better:
     
    3:13 am- ish…
     
    3:15 am- ish…  Well, made it home safely.  That’s a win.
     
    3:17 am- ish…  Better eat some of these pills because my head is already starting to hurt.
     
    6:30 am- ish…  Waves of pain rolling in like the tide.  I’m in and out for what feels like forever, but in reality is only about 5 minutes.
     
    6:35 am- ish…  My body starts heaping psychological abuse on top of the physical punishment, “Who doesn’t have an air conditioner that works?  Seriously, this is ridiculous!  You’re an effing idiot!”  …. “Alright, alright, I’ll call them…”
     
    6:37 am…  Let’s get this over with.  Initiating self-destruct sequence (by moving)… Five… Four… Three… Two… One (the number of steps between bedroom and bathroom)…
     
    6:37:15 am…  “Hoooooarrrrghhhhhhh!!!!”
     
    flush
     
    6:37:30 am…  “Hooooooarrrrrrrghhhhhhh!!!!” 
     
    Flus…  wow, these are coming faster than the flush can reset. Cmon baby, if I have to smell this, it may never en…
     
    6:37:55 am…  “Hooo…..HOOOOARRRRRRRRGHHHHHHHHH!!!!”
     
    6:38 am…  “I think it’s ov…. HOOOOARRRRRRRGHHHHHHHHHHHHHH!!!” ouch, ha ha, ow, heh, this is ridiculous, I’m going to have to tell people about this
     
    Flush (FINALLY!)
     
    6:38:12 am…  “Heh, heh, whew, I need to stick with the crown next tim…. HOOOARGHH!!!”
     
    6:38:25 am… I don’t care if they’re expired, I need more pills.
     
    6:38:45 am… If I kneel next to my bed, the pills will go down into my stomach faster, right?  It’s worth a shot.
     
    6:39:36 am… Yeah, this isn’t working.
     
    Black
     
    7:30 am… NPR is filling my head with facts my friends will never believe.  Wow, that sun is bright.  Seriously, no air-conditioning?!?
     
    8:00 am… business news… it’s a work day…  more facts no one will believe.
     
    8:01 am… well, there will never be a “good” time to get this show on the road, and getting up gets me out from under the magnifying glass bedroom window that’s trying to melt me with the power of the sun.
     
    8:02 am… one new text message.  Could she have been what I am remembering if I feel this bad now?  This is no time for philosophy
     
    8:34 am… managed to muster sufficient brain power to respond to the text message.  Wow, that took half an hour. 
     
    8:46 am… shower and toothbrush did a lot of good, but nothing for my swollen eyes.  Voice is also a liability.
     
    9:01 am… they won’t expect me at my desk this early.
     
    9:06 am… nothing important in the inbox. Voice message doesn’t need a call back.  Market futures up- unexpectedly high job losses…again… is fuel for another rally.  Sounds about right.
     
    9:08 am… start writing.  the gears hurt without grease
     
    9:08 am… damn, something feels wrong… no, it can’t be…. … yep…    Hello, boss person
     
    10:00 am… leading economic indicators down 0.2%, jobless claims up, housing inventory way up, housing sales plummet, mortgage rates continue to decline, everything worse than expected, market tacks on another 1%.
     
    10:22 am… Bernanke says quantitative easing, round 2, is coming…  Ahh, front running the news at the high frequency trading desks makes more sense.
     
    GS and the other three market makers can front run the news, but I'm the one front running the hangover.  I'd like to say I'll be the one laughing in nine months, but I doubt it's going to be funny when the hangover hits everyone else.
    Jul 22 11:17 AM | Link | 1 Comment
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