patrick.net

Indeed. Conor needs it if he follows your advice.

Haven't unloaded all of your Gold portfolio yet, GC? ;-) You can't get my goat, but you might give Linda my vote...

Conor,

Absolutely. Common sense and street smarts are not taught at schools. As a matter of fact, colleges make a point not to teach these things. Well, for one thing, the profs don't know how to for they lack common sense ans street smarts. For another, if they do, meaning teaching something one naturally picks up in the streets or inherit from parents, how can colleges justify their existence and high tuitions?

One more body bag added to the altar of majority rule (woops, democracy).

FRIFY,

I am watching. I am seriously contemplating dumping my Au & Ag shares. I will hold my Palladium shares, even though these garbage stocks have gone no where while Pd the metal is going through the roof. Speaking of garbage stocks, did I tell that I once bought a mining company for 8 cents a share? It proceeded to gradually drop to 0.1 cent a share.

Seriously, you have to learn to ferret out gold from my nasty jokes.

http://finance.yahoo.com/q/bc?s=VFINX&t=my&l=on&z=m&q=l&c=VGPMX

Connor will be 40 in 15 years...

What's the point? 400% return over 15 years is nothing to write home about.

Conor,

At least some of the Western water use issues can be solved by legislation and lifestyle changes. Nobody should have a lawn in the middle of a desert. Growing rice in a desert is also a bad idea. The old western water rights need to be altered and bought out to accommodate contemporary water usage.

GC,

What’s the point? 400% return over 15 years is nothing to write home about.

How about 300%? How about -300% if you bought in the 80s?

Seriously, you have to learn to ferret out gold from my nasty jokes.

Despite the fact that I'd take a crowbar to your head if you cracked some of your jokes next to my kids, I confess that I find the occasional remark amusing. Free speech all the way. I just hope our younger audience realizes that you're usually not serious.

Ok, kids, gotta go. Watch your back Connor.

I can envision technology that can easily solve the water problem using distillation or electrolysis. All we need is energy.

Or we can start to recycle water.

The one thing I can say is that you just can't try to serve too many masters. Earlier SP referred to me as an "expert" in debt paper. I'm flattered! The truth is I know a lot of experts in debt paper. These guys run trades that dwarf any thing I've EVER done and they do it every day! Why would I pull my hair out when all I have to do is call some guy in New Jersey. They're only too happy to help if I throw some business at them once in a while.

I see where FRIFY is coming from and by and large he's right. Conor is young enough to overcome any kind of prolonged downturn (yes even RE) but he's doing it his way. I say step aside. "Any man brave enough to open up a Datek account on August 1, 2000 can drink from my canteen any day!"

*Robert Duvall in Apocalypse Now!

Uh, I don't need to LIVE in Las Vegas, actually a license and a P.O box would suffice and while I'm there I promise not to drink any water.

charlie,

Where do I get mine? Just send me the stickers, I'll figure out where to stick them.

Charlie,

I've got another idea. Make stickers that say "HELOCed second home", you can stick them on big SUVs. And make sure you get the nasty cheap sort of sticker paper, so they won't come off easily.

Disclaimer: This post is solely for recreational purposes. I am not responsible for any property damage or emotional traumas that come out of this post.

I want to see what Lou Dobbs has to say about the NSA. Maybe they are keeping track of my phone calls…

I feel safer that the NSA is listening to phone calls.

Seriously, NSA should have no problems recruiting their wire-tapping staff. I am sure there are millions of people worldwide who would PAY to listen to other people's phone conversations.

But how does one get into iron and steel? Any tradeable papers?

So will someone tell me what palladium is?

But the border is open!

We need a Great Wall of America or just a very long and tall fence. Border enforcement is important.

N.F., I see. Thanks. A wrong joke at the wrong time.

The following is serious:
As a matter of fact, this tracking stuff they are doing is a very interesting problem and requires very clever algorithms. Clever math. In particular, graph theory. Perhaps the Google guys can help. Or the Cornell prof, who published the algorithm before the Google guys went to start their company, can help.

Peter P,

No. We need jail sentences for employers of illegal. Cutting off demand is the best way to attack the supply problem.

Or we could built a really big moat.

The price for Iron ore jumped 75% earlier this year. What makes you think it's going to jump again next year?

No. We need jail sentences for employers of illegal. Cutting off demand is the best way to attack the supply problem.

That too. The purpose of the fence is to keep away potential terrorists.

That said, we need a sensible way to let people come in legally.

I like the moat idea. Perhaps that is the next big design feature of McMansions.

PeterP.
There's a book my son read about the border to Mexico in the future.It's called 'House of the Scorpion'. Essentially the land at the border is renamed Aztlan and becomes a farmland to grow opium poppies. Anybody trying to get through is turned into an ejit(a robotized worker) Of course, by that time, most are trying to escape INTO Mexico! :)

Ha!

Invest in copper cookware.

That is why I like Copper. It’s war material.

WW3 "strategic" materials tend to be heavier than lead.

And I like war.

Explain.

"The world will be flooded with oil within a year."

Yes, we'll be like those poor Valdez seabirds and otters.

Astrid: palladium, in the oldest form, comes from the ancient greek, as in a statue of someone named Pallas.

Amnesty with a wall?
I know people scream about it, but like it or not you don't make drastic changes to the workforce without having to paying for it. Legalize the lot, work out a distribution schedule, and put up a wall. Actually, make it cheaper/faster/safer to come legally and the coyotes will go out of business.

WRT tracking, the Pen Register Act does provide some restrictions on the ability of law enforcement to gain access to such records. However, since the information does not seem to be constitutionally protected, it seems to be OK if the telecom companies are willing to provide it. This may create liability issues for those companies, of course.

Aside from any interesting technical aspects, I think this is a clear case of the divide between morality and law. Hopefully it will end once the NSA takes out the linch-pin of the terrorist communications by killing Kevin Bacon.

requiem,

They'll also have to kill Lois Weisberg and many other actors. Sadly, Kevin Bacon is #668 in connectiveness, according to IMDB stats.

http://www.gladwell.com/1999/1999_01_11_a_weisberg.htm

Conor,

You appear to be sophisticated enough to employ more modern "post-diversification" diversification models to your holdings. You seem to wish to express sentiment, so I suggest you look at the Black-Litterman model. Here is a starter resource. I have others if you're serious about it. It's tough to find any tools that do it (at least free ones), but you can do it yourself in Excel if you can handle linear programming.

At the minimum, BL will give you an idea about just how much exposure you are taking as a result of your sentiment.

Peter P asked GC to explain his statement: "I like war."

GC replied:

Explain? The sentence speaks for itself.

Well, yes, GC. The sentence does speak for itself. One gathers that you like war.

But the sentence doesn't explain itself. What would possess you to say such a thing? Is it a joke?

I don't get it.

GC,

I once read that Marine DI's tell their recruits to "pray for war." If you saw the movie Jarhead you may understand. Many young soldiers, having trained so very hard to become truly professional warriors, have a strong drive to practice their professions. That was my experience in the Army.

As I recall General Lee once said "It is a good thing that War is so terrible, else we should love it too much." Of course, Lee was no stranger to butchery, no more so than Grant and Sherman. Lee's finest hour IMHO was at Appomatox. He decided to surrender against the urgings of many young Rebel officers to fall back into a state of perpetual guerrilla warfare.

GC said:

Besides, when American soldiers go out to kill people and rape girls at their military bases, nobody in this country can claim innocence. Every single one is a cog in this giant machine.

Have you lost your mind?

GC,

You have crossed the line in my opinion as a bona fide Troll. You are, at this point, merely inciting debate for the thrill of it without merit. It's not the most recent statement in isolation, but the pattern of similar incidents over the past couple of days which lead me to this conclusion.

I seldom call anyone a Troll, nor do I cast that label lightly. You are only the second Troll I have fingered. I do not consider Scott C (who's long since disappeared) a Troll, nor do I consider Bap33 or DS Trolls. They make political or controversial statements because they believe in them or the ideals they stand for, and they are willing to debate and defend their perspectives.

Your statements are meritless and purposefully inflammatory.

From Wiki on Internet Trolls:

# Politically contentious messages: "Everyone knows that all Republicans/Democrats are evil."
# Posting politically sensitive images in inappropriate places.
# Feigning innocence, after a flamewar ensues.

Your "images" have been narrative in nature, but nonetheless you are simply stirring up shit for the sake of stirring up shit.

This isn't my thread, but I'll most probably zap you from any I author subsequently. I encourage other authors to at least think about doing this as well.

--

GS said:

I like war.

Others asked

[explain yourself please]

GS said:

No amount of explanation will do justice to me. Of course I like war if (1) I can profit from it and (2) I won’t get harmed. But, of course, it can also be interpreted as a joke with tears — no, not the croc kind — because I know the world is sliding towards a major armed conflict and I will be killed one way or another.

Next GS Will:

Feign innocence.

SQT,

quid erat demonstratum

roughly translated: time to hit the delete button, IMHO.

SQT, if you wouldn't mind removing my prior posting, it would be appreciated. I don't think it's well suited to the current thread without additional addenda.

I was once in uranium. But I sold last year. U has gone up more, I think 100% more. But I think it’s going to crash, ‘cuz all this talk of building nucleur power plants is pure garbage planning.

I hope it crashes. Then I can build that depleted uranium-reinforced straw-bale house I've always wanted. It'll have an unbeatable energy coefficient, plus be able to repel tank rounds. Who could ask for more?

I like both DS and Bap
I would never throw them under the bus...or group them with GC.
DS is the prince of smilies..IMO!

I like DS also, and didn't mean to cast aspersions on him or the others with my statement. I was more meaning to say that I don't consider them Trolls even though others--usually of opposite political sensibilities--have labeled them so.

In fact, I happen to think DS' perspective needs a wider airing than it tends to get these days, which is why I'm a fan or the new, shorter and concise, DS comment style.