Disclaimer

The information contained in this communication is provided for informational purposes only and has been obtained or derived from sources believed to be reliable. No representation or warranty is being made, express or implied, as to the accuracy or completeness of such information, nor is it recommended that such information serve as the basis of any investment decision. This report contains forward-looking statements that are subject to change. Forward-looking statements involve inherent risks and uncertainties, and the predictions, forecasts, projections and other outcomes described herein may not occur. A number of important factors could cause results to differ materially from the views and opinions expressed herein and there are no guarantees of return. This material is not an offer to sell or a solicitation to purchase securities of any kind. Before making an investment of any kind, readers should carefully consider their financial position and risk tolerance to determine if such investment is appropriate. Mr. Jurgensmeyer may allocate assets to positions described herein and reserves the right to enter, modify or exit any such positions without notice.

Friday, September 2, 2011

Loaded Like The McLobster

I have a decent amount of material today.  Since it's Friday, I'm keeping it a little lighter.  However, I have a couple serious topics I want to get to first.  The big debate for a while has been "raise taxes or lower spending".  It is amazing how many ultra rich people think we should pay more taxes.  I couldn't state this better than the guys at Stansberry, so I'll use their quote.

 If you want to see what a group of power-mongering maniacs looks like, go no further than www.patrioticmillionaires.org. These people support higher taxes on incomes more than $1 million. A bunch of them have signed their names in support of it.

If they want to write the government a bigger check, what's stopping them? Nothing. But that's not what they want. They're a bunch of overeducated hypocrites (like Michael Steinhardt and Nouriel Roubini) who think they know how to run your life better than you do. They think they have all the answers. And by God, they're going to shove them straight down your throat.

You're not a fellow citizen to them. You're more like a goose who's been force fed to fatten up his liver so they can cut it out and eat it as foie gras. Warren Buffett started this baloney. Again, if Buffett loves the government so much, he can write them as large a check as he'd like. No one is stopping him.

Raising taxes on income is a great way to generate LESS tax revenue on those incomes, not more. (Of course, it's no great loss if the government has to shut down a bunch of the awful things it does.) This is destined to backfire and will likely lead us into recession. Maybe then we'll stop listening to people who think they're smarter than us… and start acting like we have spines and value our long-lost self reliance.


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Here is an example of what the "Federal Family" has done with a bunch of OUR money.  Solyndra, a California-based rooftop solar panel manufacturer founded in 2005. Two years ago, Solyndra became a darling of the Obama administration… He granted the firm $535 million in low-cost loan guarantees from the Department of Energy. (A major Solyndra investor was also a major campaign contributor in Obama's 2008 race.)

The government loan was supposed to create more than 1,000 jobs. The president visited the facility last May and said, "It is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly, the best workers in the world. And you guys all represent that."

But yesterday, when Solyndra employees showed up for work, they were greeted by security guards with yellow envelopes (which contained information on how to collect their last paycheck). The company is declaring bankruptcy.
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Ok I'm going to lighten up a bit before I get back to a few serious issues.  I've worked real hard to control my weight over the last few years.  My entire family has change the way we eat.  I still think we could save a ton of healthcare money if we attacked obesity.  I lost 25 lbs and it's amazing how some ailments disappeared.  I could list you a handful of people I know who have done the same.  They no longer need certain meds or treatments.  Not to mention avoid type 2 diabetes.  So this brings me to what I see as a problem, but also tasty.

The 1,690 calorie mac n' cheeseburger

Denny's dastardly minds have done it again. The restaurant chain that fries mozzarella sticks between pieces of bread, have rolled out more gluttonously cheesy menu items. 

The most notable is the Mac n' Cheese Big Daddy Patty Melt: A burger patty layered with slices of cheese, macaroni and cheese, another layer of cheese, some kind of tomato-based "frisco" sauce and two pieces of buttered-up potato bread. Still hungry? It comes with a side of fries.

The 1,690 calorie count makes a lot more sense when you consider the sandwich is breakfast, lunch and dinner stacked on top of each other. It makes absolutely zero sense when you consider that it's got 500 more calories than a Carl's Jr. burger with fries, and large coke. It's about three times the calories of a KFC Double Down sandwich. And about 200 calories more than five (count 'em, five) Boston Market Mac and Cheese
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I stumbled across this article and it really brought me back to the good ol' days.  I never had a McLobster, but I would like to try one.  Click on the link to read about the McAfrika, McDLT, etc...

12 McDonald's Menu Items That Failed Spectacularly

McLobster

The McLobster is pretty much lobster meat shoved in a hot dog bun with "McLobster sauce" and shredded lettuce. Like its much more successful compatriot the McRib, it appears every once in a while across the country as a promotion, only to vanish weeks later.
The fabled McLobster drew some hype earlier this year when rumors swirled about its reappearance nationwide. It's currently only available in parts of New England and eastern Canada.

There are a couple factors that gutted the McLobster's hopes of making it to the big time. It costs a hefty $5.99, which consumers are reluctant to pay for a single sandwich. Plus, it's incredibly difficult to market a "quality" shellfish item at a fast food joint.

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Now most that know me understand my two least favorite things start with M and only have one different letter.  MOVING and MOWING!  So when I saw two yard related stories I had to post them.

4:30 a.m. mowing leads to Oklahoma City man's arrest

Phil Ray Gage, 40, was arrested on a complaint of disturbing the peace after a neighbor called police to report him for mowing a lawn at 2529 NW 33 at 4:30 a.m., Oklahoma City police said.
He was released by police at the scene after he signed a citation for disturbing the peace.
But Gage said he's been mowing in the early morning hours for 10 years, and nobody has complained before.
He said when he was arrested he was in the process of finishing up mowing his neighbor's yard.
“When the officer came up to me she asked me if I knew it was illegal to mow at that time of day,” Gage said. “I thought she was cracking a joke. Then she told me to get up against the car, and she put cuffs on me.”
Gage said he mows in the early morning hours because of the heat and because it fits his work schedule best.
Gage said the light from his neighbor's yard and his yard provides enough light for him to mow.
“I'm a carpenter, so I have to mow when I can,” he said. “That time is just what works best because of the heat and my job.”

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 Man finds $150,000 in garden

As the old saw goes, money doesn't grow on trees. But sometimes it sprouts up in the garden. An unemployed man in northern Illinois was out working in his backyard when he came across some serious green: bags filled with $150,000 cash.
Wayne Sabaj was headed to pick some broccoli to go with his roast. The carpenter spotted duffel bags that looked like trash by the peppers -- but they turned out to be a cash crop: stacks of $20 bills that added up to about $150,000. The 49-year-old, who is living with his dad, did not exactly jump for joy.
The out-of-work carpenter told ABC7, "I could really use this money." But with this money comes trouble. He explained, "With my luck, it would be bank robbery and I'd get caught and say I'd robbed a bank."


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I would like to everyone who owns or is thinking of trading the gold etf GLD to read this article.  I know I've mentioned some of these things before but it's important to know the truth about this type of investment.  


GLD Tracking GOLD

I received a recommendation from my personal precious metals broker.  I thought I would pass it on to you.  You know I can't recommend investments on here but I believe Susan knows what she is talking about.  If it's something you are interested in, let me know and I will give you her contact information.


A tremendous opportunity has presented itself within the gold market.  As investors around the world continue to diversify out of paper assets and into gold, there are additional ways within the gold market to protect and build your wealth.

There are three fundamental, powerful forces within the gold market that are converging to create perhaps the most attractive scenario in U.S. gold coins in years.

The three forces that are affecting this tremendous opportunity in investment grade gold are the price of gold per ounce, the price of the Double Eagle coin and the “premium” of the Double Eagle (the difference between their gold value and their selling price).

Since 2003, the Double Eagle premium has fluctuated from a low of 1.28 above gold to a high of 2.41. 
 
Based on the past eight years, there is a tremendous buying opportunity based on the premiums of the Double Eagle vs. gold.  Currently, the ratio stands at 1.38 ounces of gold equals 1 Double Eagle. 

As the price of gold rises, the premiums will have no choice but to increase creating a better profit potential than gold moving forward.

U.S. investors are just starting to move , 2010 through the 1st and 2nd quarters  of 2011 bullion prices were pushed by foreign investors, as U.S. investors are beginning to move into metals the supply of double eagles are tightening and are primed to move ahead of bullion back to a 2.41 ratio.

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