I know I'd be a failure at business. I just heard it on the boob tube from some guy who calls himself the Donald.
This guy called the Donald said that he filed for bankruptcy three times. Three times (exactly the amount of times that I planed to go into business, two that never got off the ground). Why did he file for bankruptcy?
His explanation was that he took advantage of the law and saved millions if not billions.
I couldn't do that for I'm a man of my word, and signing a contract to borrow money is like giving my word that come hell or high water I would do my best to pay the loan back with the interest. It would seem from hearing the Donald that smart business men aren't men of their word.
Now this guy the Donald kept saying that he was very smart, if this is true his lender must be a Jerry Mahoney (dummy) they keep lending him money and he keeps cheating them by declaring bankruptcy.
Now this great real estate mogul doesn't understand how our president could get into Columbia, maybe he aced his SATs, and as for Harvard law,perhaps he got high marks LSTATS. Does he have any proof he didn't.
For those who don't know it, those who have money and a legacy at Harvard, Columbia and even Penn can get into these schools even if they are a Jerry Mahoney. This is the dirty little secret that I've been told, true or false.
No, I'm no Mensa candidate, I only got 127 IQ. An Einstein I'm not.
Tuesday, April 26, 2011
Saturday, April 23, 2011
Steve's barking at ways to end the oil crises?
We can talk all we want about ending the dependency on foreign oil but I have some loopy ideas.
I've read many times we can take oil out of shale, right now we must smash the rocks which I've also been told takes almost as much energy to take the oil out of the the rock. There is another other way I've read that takes the oil out of the rock. You make a giant pit under the rock and start a gigantic fire to heat up the rock, melting it so that the the oil flows freely. You then must freeze the ground around the pit so that the oil doesn't seep into the ground. This whole thing would take three years to do and make sense at 80 dollars a barrel of oil. We (meaning the US government) owns miles and miles shale rock formations and we could actually make money from leasing it out to a company who can either melt the rock or crushing them. We would also make money selling the right away to pipelines to carry the oil.
I know those who read this might be worried about ecological damage. The chances of ecological damage are good but then again nothing ventured nothing gained.
I know that many people want to have us use natural gas, it seems like a good idea to me, except I'm partial to methane gas myself. With methane gas you don't have to frack the rock as with getting some natural gas.
Methane is all around us and is constantly being being produced.
I've read many times we can take oil out of shale, right now we must smash the rocks which I've also been told takes almost as much energy to take the oil out of the the rock. There is another other way I've read that takes the oil out of the rock. You make a giant pit under the rock and start a gigantic fire to heat up the rock, melting it so that the the oil flows freely. You then must freeze the ground around the pit so that the oil doesn't seep into the ground. This whole thing would take three years to do and make sense at 80 dollars a barrel of oil. We (meaning the US government) owns miles and miles shale rock formations and we could actually make money from leasing it out to a company who can either melt the rock or crushing them. We would also make money selling the right away to pipelines to carry the oil.
I know those who read this might be worried about ecological damage. The chances of ecological damage are good but then again nothing ventured nothing gained.
I know that many people want to have us use natural gas, it seems like a good idea to me, except I'm partial to methane gas myself. With methane gas you don't have to frack the rock as with getting some natural gas.
Methane is all around us and is constantly being being produced.
Saturday, April 16, 2011
Steve's barking at oil, oill every were
Oil, oil, every were but not a barrel under 109 dollars.
It must be because of demand, No from what I understand demand is way down.
Maybe it's because of the speculators? I've heard that money is cheap to borrow and you can't make any by buying bonds, so you have to spend money have you money someplace so you speculate on commodities such as oil and gold.Good theory and I do believe is partially true.
What ever happened that a oil companies used to buy contracts from oil producers at a fixed rate?
Do these majors resell this oil on the open market and re-buy it back at a higher price that they pass on to customer with percentage of will always be the same making for higher profits. If the price lowers, the major can buy the oil back cheaper then they sold it making a profit that way. Is this what is happening? Beats me, I don't have a listening device in the major oil companies board rooms, nor have I the ability to hack computers.
If what I wrote is possible true, the oil companies aren't doing anything wrong. They are doing what they are suppose to be doing maximizing profits with relatively little risk.
Is a major industry hurting other industries? Yep, but that's not the oil companies problem, is it?
The current climate in world (I don't mean the weather) prevents those who can from doing anything about the over paying for oil from doing what should be done.
Should China help the US by putting it's foot down on what they will pay for the price of oil.
Only if it means that unemployment in their country goes significantly up, after all they have excess dollars and US bonds making the oil cheap.
It must be because of demand, No from what I understand demand is way down.
Maybe it's because of the speculators? I've heard that money is cheap to borrow and you can't make any by buying bonds, so you have to spend money have you money someplace so you speculate on commodities such as oil and gold.Good theory and I do believe is partially true.
What ever happened that a oil companies used to buy contracts from oil producers at a fixed rate?
Do these majors resell this oil on the open market and re-buy it back at a higher price that they pass on to customer with percentage of will always be the same making for higher profits. If the price lowers, the major can buy the oil back cheaper then they sold it making a profit that way. Is this what is happening? Beats me, I don't have a listening device in the major oil companies board rooms, nor have I the ability to hack computers.
If what I wrote is possible true, the oil companies aren't doing anything wrong. They are doing what they are suppose to be doing maximizing profits with relatively little risk.
Is a major industry hurting other industries? Yep, but that's not the oil companies problem, is it?
The current climate in world (I don't mean the weather) prevents those who can from doing anything about the over paying for oil from doing what should be done.
Should China help the US by putting it's foot down on what they will pay for the price of oil.
Only if it means that unemployment in their country goes significantly up, after all they have excess dollars and US bonds making the oil cheap.
Friday, April 15, 2011
Steve's barking at bar room talk on the boob tube.
What the f$%# is bar room talk?
No nothing BS about politics, economics, and especially sports. It doesn't have to be in a bar it can be on the stoup, (that's the thing that's in front of a house , for you who don't know). it could be in park on the bench. You talk about what ever on your mind about, some times you can even know what your talking about, but you really don't have too, Come to think about it's kind of like a blog prior to the computer age.
Now as for me I like to listen to bar room talk, as a child and even as a teenager I believed that the Babe hit 50 home runs with a dead ball and 10 with a live ball because the powers that be wanted him to hit 60 homers, I heard that in some bar talk.
I enjoy this program PTI because (even thought their sports writers) it's 2 guys BS ing about sports. I sometimes enjoy the talk more the the actual sports event itself.
I watch economic programs but I know that it's bar room talk and you shouldn't take it seriously but some of those pundits that make their living on these shows and are suppose to have some knowledge of what their talking about I would bet have a a hard time whipping their own behinds.
This seems to be true of political pundits as well. Left, Right and in between.
Oh what I wouldn't do to be a paid bar room talker.
No nothing BS about politics, economics, and especially sports. It doesn't have to be in a bar it can be on the stoup, (that's the thing that's in front of a house , for you who don't know). it could be in park on the bench. You talk about what ever on your mind about, some times you can even know what your talking about, but you really don't have too, Come to think about it's kind of like a blog prior to the computer age.
Now as for me I like to listen to bar room talk, as a child and even as a teenager I believed that the Babe hit 50 home runs with a dead ball and 10 with a live ball because the powers that be wanted him to hit 60 homers, I heard that in some bar talk.
I enjoy this program PTI because (even thought their sports writers) it's 2 guys BS ing about sports. I sometimes enjoy the talk more the the actual sports event itself.
I watch economic programs but I know that it's bar room talk and you shouldn't take it seriously but some of those pundits that make their living on these shows and are suppose to have some knowledge of what their talking about I would bet have a a hard time whipping their own behinds.
This seems to be true of political pundits as well. Left, Right and in between.
Oh what I wouldn't do to be a paid bar room talker.
Monday, April 11, 2011
Steve's barking at Mixed up priorities with health care in the US of A
Our government spends 1/3 of it's budget on health programs. Who knows what percentage of the private sector spends on it's health including insurance and what we eat, going to the gym ect. ect.
We tend to think that's the money spent is how well the system is doing, the fact of the matter in my learned opinion that's a bunch of junk. The way you look at a health care system is what it has to offer. The US health care system offers a lot of junk. High deductible, long waits in doctors offices or clinics. In many cases you have a gate keeper that keeps you from getting the services that you really need. Drugs that interact with one another. Over worked doctors and nurses.
What's needed is not to see what the cost is, but to see if were getting the services that we pay for, or are insurance companies not doing their jobs?
I tend to think that a foreigner gets better services in health care then native born Americans ( I"m one of those, I'm not writing about American Indians.)
For those who think that America (I'm writing about the good old US of A) has good health care I only have to say your out of your cotton pickin minds.
Before one more reform is added on a full review of what is needed and how to get it is in order.
The next step is how to pay for it. Most likely we'll have insurance companies but they must be well regulated.
Oh by the way medicare and medicaid are not very good, there I said it. Medicare and medicaid stink.
And so those who happen to have stumbled on my blog have seen my rant for Monday April 11Th.
We tend to think that's the money spent is how well the system is doing, the fact of the matter in my learned opinion that's a bunch of junk. The way you look at a health care system is what it has to offer. The US health care system offers a lot of junk. High deductible, long waits in doctors offices or clinics. In many cases you have a gate keeper that keeps you from getting the services that you really need. Drugs that interact with one another. Over worked doctors and nurses.
What's needed is not to see what the cost is, but to see if were getting the services that we pay for, or are insurance companies not doing their jobs?
I tend to think that a foreigner gets better services in health care then native born Americans ( I"m one of those, I'm not writing about American Indians.)
For those who think that America (I'm writing about the good old US of A) has good health care I only have to say your out of your cotton pickin minds.
Before one more reform is added on a full review of what is needed and how to get it is in order.
The next step is how to pay for it. Most likely we'll have insurance companies but they must be well regulated.
Oh by the way medicare and medicaid are not very good, there I said it. Medicare and medicaid stink.
And so those who happen to have stumbled on my blog have seen my rant for Monday April 11Th.
Saturday, April 2, 2011
Steve's barking at the next middle eastern state blow up
I'm making a bet that the next middle eastern state blow up will be New Jersey.
I hope you didn't think I was writing about an Arab country.I'm writing about the good old US of A.
New Jersey is called by some a North Eastern State by most but I wasn't that good in geography so I'll call it middle eastern.
Jersey like countries in the Middle Eastern States is ruled by an elite group of people.
The prices of essentials such as food and transportation is going up.
An austere budget is going to be enforced.
The young college grads can't find jobs fields.
This is a classic case for demonstration and even dare I say civil disobedience.
This can happen in most states even the whole of the United States, but I like picking on Jersey.
In case anyone doesn't believe that we are run by an elite, just think of the amount of money spent on running for office.
I hope you didn't think I was writing about an Arab country.I'm writing about the good old US of A.
New Jersey is called by some a North Eastern State by most but I wasn't that good in geography so I'll call it middle eastern.
Jersey like countries in the Middle Eastern States is ruled by an elite group of people.
The prices of essentials such as food and transportation is going up.
An austere budget is going to be enforced.
The young college grads can't find jobs fields.
This is a classic case for demonstration and even dare I say civil disobedience.
This can happen in most states even the whole of the United States, but I like picking on Jersey.
In case anyone doesn't believe that we are run by an elite, just think of the amount of money spent on running for office.
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