patrick.net

So I made a weird trade today, took my first 2017 IRA contribution and put it into shares of BAC-L, a convertible noncumulative preferred issue.

http://www.quantumonline.com/search.cfm?tickersymbol=BAC-L&sopt=symbol

This is a weird duck because it is convertible to 20 shares of common if & when BAC hits $65 (currently around $24), and in the meantime it's paying ~6%.

I had bought some in 1Q09 at a ~50% discount to its $1000 issue value (wish I had held onto it!).

The board stopped the $18/share dividend checks in 3Q08, but restarted them in 2014.

Seems like a pretty good get-it-and-forget-it stock, if 2009 couldn't kill BAC I don't think anything can.

Guess price can't go up a lot, given the forced conversion into 20 shares of common.

But aside from the ARLP-like yield I'm getting it for the housing market hedge -- nothing I'd like more than to lose my shirt on this position, if it meant home prices were back down to 2011 levels (which is what it would take to kill BAC again, hopefully)

http://www.quantumonline.com/search.cfm?tickersymbol=WFC-L&sopt=symbol

is a similar preferred, a holdover from Wachovia's preferred issues, about the same yield.

It is rare to see a fake news event of this magnitude, perpetrated with such extreme ignorance and ineptitude, spread by people who should honestly know better but who, in the Age of Trump, simply do not care anymore. As Wall Street Journal editor Sohrab Ahmari pointed out (repeatedly, yet to no avail), the organization in question wasn’t “Ivanka’s Woman Entrepreneurs Fund” or an “Ivanka Fund” or “Ivanka’s charity,” and it wasn’t comparable to the Clinton Foundation in the slightest.

It was, rather, “a World Bank initiative that Ivanka is championing.” As NPR put it, the fund was merely “inspired” by Ivanka Trump: “While Ivanka Trump proposed the idea along with German Chancellor Angela Merkel, she is not involved with its operation.”

http://thefederalist.com/2017/05/23/13-major-fake-news-stories-just-five-months-trumps-presidency/

Tim Aurora says

By all 17 spy agencies. If that is not acceptable to you, stop posting on this thread as for you, any amount of evidence will NOT convince you

That's funny, what I read in the report from these collected spy agencies is that there were correlations and maybes and no definite proof to be had! But it "looked like" it could have happened? And that's proof? There was so much lawyer speak in their report it was impossytonsay exactly what their conclusions were, and that's because the top spy bosses were being pressured to come up with the "right" conclusion: that Russia did it. So they issued this silly report of speculations with a slant toward the DNC fantasy position.

If US policy makers do not have "contacts and interactions" between themselves and the russkies, then they are derelict in their duties...
That's their fuckin job description, you moron...

Tim Aurora says

In his testimony before the House Intelligence Committee hearing Tuesday morning, former CIA director John Brennan bluntly told lawmakers that during the 2016 election, he reviewed intelligence that showed “contacts and interactions” between Russian actors and people associated with the Trump campaign

In this day and age, everybody hacks everybody.
Complete nothingburger...

Tim Aurora says

That is such a ruse, Russian hacking is already proved, no need to turn over any documents

Hey! Or at least had an opportunity!

YesYNot says

BlueSardine says

As 3d technology advances putting people virtually at any spot in the world at any moment, it is fair to say that the whole fuckin world 'came' to inauguraton.

LOL. Everybody in the world watched it with their 3d glasses. Everybody!

Quigley says

Tim Aurora says

By all 17 spy agencies. If that is not acceptable to you, stop posting on this thread as for you, any amount of evidence will NOT convince you

That's funny, what I read in the report from these collected spy agencies is that there were correlations and maybes and no definite proof to be had! But it "looked like" it could have happened? And that's proof? There was so much lawyer speak in their report it was impossytonsay exactly what their conclusions were, and that's because the top spy bosses were being pressured to come up with the "right" conclusion: that Russia did it. So they issued this silly report of speculations with a slant toward the DNC fantasy position.

Watched Ron Paul's liberty report w julian assange. He described this as reverse pyramid intelligence (or something like that). Wherein they start with a theory at the top, then go find any corroborating coincidences, meta data, etc... to support the original theory. It is the ultimate confirmation bias. Give me the man, I'll show you the crime.

The DNC is the laughing stock of the world. Stealing primaries, fixing debates, sending undercover fake protesters, spying on the competition using non-existent FISA warrant evidence, threatening national security with this new red scare, and making up stories to cover their crimes. There are at least 5 spots in prison waiting for this crime gang, hopefully more.

BlueSardine says

If US policy makers do not have "contacts and interactions" between themselves and the russkies, then they are derelict in their duties...

That's their fuckin job description, you moron...

Tim Aurora says

In his testimony before the House Intelligence Committee hearing Tuesday morning, former CIA director John Brennan bluntly told lawmakers that during the 2016 election, he reviewed intelligence that showed “contacts and interactions” between Russian actors and people associated with the Trump campaign

Yeah they found 18! I have 18 contacts in a single fantasy football chain.

This is such an overwhelming nothingburger. The democrats have been glamoured by red scare propaganda.

rando says

in the Age of Trump, simply do not care anymore.

People decided to fight lies with lies? The truth doesn't matter anymore? Who would have thought?

Why do Republican allow enemies & traitors in their midst?

http://www.huffingtonpost.com/entry/trump-saudi-king-award-curtsy_us_5920bc20e4b094cdba548e9c?ncid=inblnkushpmg00000009

CBOEtrader says

The DNC is the laughing stock of the world. Stealing primaries, fixing debates, sending undercover fake protesters, spying on the competition using non-existent FISA warrant evidence, threatening national security with this new red scare, and making up stories to cover their crimes. There are at least 5 spots in prison waiting for this crime gang, hopefully more.

And now demanding the Capitol Police Chief return property involved in a blackmail and secrets for sale scandal with Pakistani Brothers who worked for Dem House Offices.

TwoScoopsMcGee says

involved in a blackmail and secrets for sale scandal with Pakistani Brothers who worked for Dem House Offices.

Is that what the video was about? If it was part of an ongoing case, why didn't the PC just answer DWS in the affirmative?

Tim Aurora says

And why is Robert Flynn, Trump's Security adviser taking the fifth

http://dailycaller.com/2017/05/22/flashback-trump-asked-why-an-innocent-person-would-plead-the-fifth-video/

Ask susan rice...OR...use all that meta data to identify a crime and press charges. Are you ready admit you've been lied to yet?

Tim Aurora says

Kim Dotcom, a nobody looking for some publicity

CBOEtrader says

RIght, he was only the leader of the world's biggest File Sharing platform. Before Obama paid back his MPAA donors by trying to get him deported and tried in the US. it's gone so far that neoliberal NZ Politicians have gutted the formerly top notch internet freedom laws, and are looking for any technicality they can manufacture to send him to the USA.

Trump should pardon. One, because it's right and defends Internet Providers form vicious IP Trolls. Two, because he should slap the shit out of his opponents in Hollywierd.

Tim Aurora says

If we were wrong ( no prima facia evidence ), there would not be a special prosecutor appointed by a Trump appointee .

Mueller is investigating the potential of a Russia Hack. There is no prosecution.

CBOEtrader says

Are you ready admit you've been lied to yet?

This is what you should ask yourself each morning as you take a deep breath and prepare to shave.

TwoScoopsMcGee says

Trump should pardon. One, because it's right and defends Internet Providers form vicious IP Trolls.

I highly doubt Trump will take the side of people over the music/movie industry. But he does have some interest in furthering the Seth Rich controversy, so who knows.

Tim Aurora says

Reference please and that does not include his statement saying that "he cannot comment"

I did. There is no evidence. The meta-data (not evidence) was used to justify massive spying programs. https://patrick.net/1306572/2017-05-25-brennan-admits-the-dnc-russia-lie-and-trump-spying-fuck-the-dnc-at-least-5-spots-in-prison-for-this-crime-gang

Tim Aurora says

If we were wrong ( no prima facia evidence ),

Except there is no evidence. The testimony of officials proves this over and over again

Tim Aurora says

Prima facie. Latin for "at first sight." Prima facie may be used as an adjective meaning "sufficient to establish a fact or raise a presumption unless disproved or rebutted;" e.g., prima facie evidence.

What is this prima facie evidence?

TwoScoopsMcGee says

What is this prima facie evidence?

Hearsay, rumor, speculation, and acts of wild fantasy!
At this point, little green men controlling Trump is vastly more plausible than the Russian scenario.

Tim Aurora says

Except there is no evidence. The testimony of officials proves this over and over again

Prima facie. Latin for "at first sight." Prima facie may be used as an adjective meaning "sufficient to establish a fact or raise a presumption unless disproved or rebutted;" e.g., prima facie evidence.

Yup. Yet our investigation has taken a 1st, 2nd, and 3rd look... still no evidence.

TwoScoopsMcGee says

Tim Aurora says

Prima facie. Latin for "at first sight." Prima facie may be used as an adjective meaning "sufficient to establish a fact or raise a presumption unless disproved or rebutted;" e.g., prima facie evidence.

What is this prima facie evidence?

Brennan answered this question. It's meta-data. Phone call from this place to that place, email from this address to that address, etc...

They used this meta-data to FISA warrant everyone on their Christmas list. This is the crime they are protecting. This is why they cant let go of the Russia lie.

Tim Aurora says

Now that the special prosecutor is there, let us allow him to finish investigation, an investigation which was initiated by a Trump appointee ( Rosenstein) based on the facts presented to him.

Great. There are at least 5 spots in prison for the DNC crime gang waiting.

Dan has a serious problem

Let the man be

Just think. Ironman has been sitting at his keyboard for weeks now, foaming at the mouth, being triggered multiple times on a daily basis without release.

Patrick has to let him back in before he goes postal supernova.

"Does this open ass wedding dress make my anus look pretty?"

Putin has personally seen to it that OrangeBurger displays a pendulous prolapse. He calls it his little backdoor piñata.

Anal penetration is not possible when one's head is up their ass.
Glad Timmy never masturbated.

1 Corinthians 6:18 (NIV) further confirms this, saying that unlawful sexual relations defile our own bodies: “Flee from sexual immorality. All other sins a man commits are outside his body, but he who sins sexually sins against his own body.”

When a few 9-5 fluff sessions didn't work, she finally decided he wasn't worth the effort.

I hear they like pretty boys in prison

.Ceffer says

pendulous

Wait till one gets old,their scrotum will be hanging around their knees.

I didn't realize the Corinthians were such prudes.

APOCALYPSEFUCK_is_ADORABLE says

Tim Tebow is no longer dating Olivia Culpo because he wouldn’t break his vow to remain a virgin until he gets married.

I'm sorry, but this woman is making a big mistake. Tim Tebow is quite the catch, and she's going to regret letting him and his fortune go. She should simply fuck another guy why waiting for Tebow to be ready to married. Since I'm a great wingman and have mad props respect for Tebow, I'll jump on this grenade and fuck her until they get marry. That's what a bro does for you.

HEY YOU says

Anal penetration is not possible when one's head is up their ass.

Which head?

Tim Tebow is saving himself for this woman. What a cuck!

Very.

is masturbation allowed in his religion or maybe he is just gay-which is fine.

The title of this post had me spitting my tea, lol. 😂

On another note, wasn't Olivia Culpo Zayn Malik's old lady at one point? Is Gigi Hadid a downgrade or an upgrade?

Sometimes it just needs to be said.
Fuck all those present & absent.

One feels better when they get something off their chest. lol

Must be "phantom Ironman pain". After so many years of exchanging pages of heated insults, the pain and tingling go on even when he isn't there anymore.