Friday, April 29, 2016

The Big Short

I watched The Big Short and am in OMG mode.  Very informative true story movie about the housing crisis and the total corruption of the "banking system" including mortgage brokers, the ratings agencies, Fannie Mae and Freddie Mac, the Fed's monetary policy, and Alan Greenspan.

The movie explains things in a conversational manner as the characters talk to the camera and explain things with cut scenes to famous people like "Here is pop star Selena Gomez to explain Synthetic CDOs in black jack terms" then when finished you are OH MY GOD, SERIOUSLY?

It's actually chilling as about 15 fund managers realize what is happening and are betting hundreds of millions that there will be a collapse. They can not believe what they have found and go to a big banker convention in Las Vegas to blend in and ask questions but when finished they realize that they while they will soon be billionaires, at the same time . . . . the American economy is literally about to fail.  People forget how close America was to 50% unemployment seven years ago.

I will order the book today.

If anyone thinks that Bernie or Clinton or anybody can "break up the banks" they are fools. This is a world wide problem, not just an American oddity. It takes Congress to start to look into this problem, not one person and certainly not Trump who depends on loophole banking shenanigans for his money (remember, he has profited from all of his bankruptcies, he depends on banking fraud for his money).

And it's happening again. OH, the banking industry calls things by different names but they are back to their old tricks. When the bond rating agencies will pretty much make EVERYTHING AAA because if they don't the other rating agencies will rate bad bonds AAA and they will reap the profits. Should rating agencies really be "for profit" companies?



Watch this movie if you want to stay up at night and worry.

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Last night at Home Brew Club in Sun Prairie (soon-ish to have a new LARGE brewery run by the head cheese of our club) we had BAD BREW NIGHT.  Everyone makes a bad beer at times and our goal was to taste bad beer and figure out what went wrong.

Might have to rethink this - tasting bad, infected beer is not as fun as it sounds.

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The Dallas Cowboys, with the #4 draft pick drafted a running back. They had better make sure this guy is the next Berry Sanders because running backs are a dime a dozen.  What buffoons . . unless he is the next Berry Sanders.

It was funny at Eddies last night in SP.  The TVs were on and and the draft was going and when the Packers turn came this VERY LOUD bar hushed!  It was eerie.  Then it was announced The Packers pick Defensive Tackle blah blah. There was a moment of silence and then back to normal.  YUP - Packers needed a DT,  nothing more exciting then drafting  DT LOL

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mmmmm Saturday, High of 54 and windy with rain developing - AWESOME!!  

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According to Nate Silver who knows a hing or two about politics, if the Democrats used the GOP process for primaries this race would have been over a long long time ago.  And if the GOP used the Democratic process Trump would have a much much harder road and might not win at all.

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I had to laugh at this

Thursday, April 28, 2016

Braves LOL The Brewers of 2016

Seems the Atlanta Braves are the Milwaukee Brewers of this year - they are floundering.  Last night they hit their first home run in 15 games!  It's still April and they have had a 8 game and a 9 game losing streak.  hey have only hit 4 HRs ( Brewers have 20) BEEN THERE, DONE THAT!  Braves are 4-17.

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Donald Trump today in an interview said he does not rule out using Nuclear Weapons against ISIS.  SWEET - this will be a very exciting New World Order!    "Merica!

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The forecast has really gone downhill for the weekend.   Elwood and I were going to work on the water tower wall (which is looking really good) adding more dirt but geez, 53 and rain we might call it off.

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Big day for birds last night. Weather Surveillance Radar reported a massive bird migration across the US about 1AM reaching into Wisconsin but stopping before hitting Northern WI.  Radar spotted millions of birds on the move on southerly winds from the Gulf Coast into central Wisconsin. Many bird watchers in WI noticed Grosbeaks this morning showing up for the first time and Orioles.

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There is a new restaurant opening in London called The Bunyadi where people have the option to eat . . . . . nude.  It opens in June and there is a waiting list of  30,000.  THIRTY THOUSAND.  There will be two areas, nude and un-nude.

I'm not sure this would fly in Columbus. I can't see The Apple Tree going this route on Sunday morning.  Columbus might be liberal but . . . . . not nudeliberal.

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Wednesday, April 27, 2016

Poor

No comment on the last comment.  I need photos or it does not exist  :-)

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Here is some news that the news does not deem, newsworthy. There was a strike on a house in Mosul Iraq against ISIS which destroyed $150 million dollars (does putting a "$" AND saying the word dollars make this redundant?).  Which brings to total money burned up in air strikes to about $800 million.  Brilliant idea to go after their money. 

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Weather - after tomorrow we shall see a slow and steady climb in temperatures for about 7 straight days and we could be in the 70s this time next week.

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In baseball the Cubs are actually better then we thought and should win over 100 games (according to Nate Silver).  The Brewers should win about 69 games but right now, the Braves are the worst team in Baseball and should win about 62 games.

This means if you take both Milwaukee teams (Brewers & Braves) and total the victories we can beat the Cubs by 29 games - TAKE THAT CUB FANS!!  IN YOUR FACE!!

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Hey - here is something to worry about.  Remember that asteroid that blasted Russia a few years ago releasing 30 times the energy of the A-bomb? AND IT SURPRISED EVERYBODY.  Yea  - totally missed that one.

Problem is is that most of our telescopes are land based and can only see things at night.  This guy (the asteroid)  came out of the sun like a Japanese Zero during the daytime.  And another reason was this was a pretty small asteroid, only about 20 yards wide. Current technology has problems seeing stuff that small.  SO - keep looking up.

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OH - the whole ID/voting thing.  To put this in perspective. Here is what a middle class person would have to do in order to get a voter ID.

Take non-paid leave, drive to Green Bay, wait an hour and drive back. But most people can survive on not getting paid for one day. Not a poor person.  So, take a non-paid TWO WEEK vacation, drive to Green Bay and back again.

A non-paid 2 week vacation is about what losing pay for one day is for someone in poverty and that is if they live with a roof over their head.  Losing one day of pay makes it hard to make your apartment rent so you maybe you can skip eating for a day. OH - food stamps?  My buddy makes about $10,000 a year, pays $500 a month in rent in a dive and receives $120 a month in food stamps. Do the math.  So when people complain about not having a valid photo ID and someone says "go get one" . . . . it's not that easy.

And when someone says "they should ask a friend for help".  Its embarrassing enough to be poor so let's make them feel even more embarrassed.

Everyone should at some point work at a homeless shelter - it will open your eyes.  They are people like you and me.

Being poor does not mean you can plan for tomorrow - you are more worried about surviving today.  You are ALWAYS worried about money, ALWAYS. How long can your one pair of shoe's last, how much does milk cost THIS week.

Health is EVERYTHING.  You cannot afford to miss one day of work, EVER.

You can not even consider buying anything you don't REALLY need. No magazines, or books or newspapers or a trip to a dentist because of a toothache.  Live with it.

Don't even think about getting a job you can not walk too!

Every time a poor person spends money, there is anxiety. 

Asking for help in this culture is often painful and shame inducing.

So do not tell me that the GOP and Walker are not trying to suppress the vote, either they don't care about the poor or are ignorant to the problems of the poor.


sorry - I just get ticked off.