Tuesday, November 4, 2008

Election Day

A few years ago in an analysis of American political choices, a writer concluded that American voters tend to choose the person whom they think will best deal with the most important problems the nation is facing. So in 1980, voters elected Ronald Reagan to deal with both the Soviet aggression and expansionism as evidenced in the Afghan war, and the economic sclerosis that was permeating and stifling the nation through high taxes and excessive regulations.

Ronald Reagan proceeded to perform magnificently, creating the base for the boom of the last two decades of the 20th century and the conditions for freeing billions of people from oppressive Leninist communism.

So today the public must choose again in a time of serious economic problems and an insidious terrorist threat.

In 1864, the public chose well in wartime, re-electing Lincoln. So good decisions in times of crisis are possible. A problem today is the pervasive propaganda war in the press has prevented serious discussion of issues. People today really have no idea what Obama stands for except the vacuous notion of "change". So they read into his platitudes whatever they want to hear.

On the other hand, John McCain is an honest man who knows how to make decisions and lead in times of stress. And he favors freedom. And sensible reform. So to me, he's the obvious choice.

Actions

Doing nothing. DRYS reported good earnings and solid cash flows are locked in for several years. The stock popped, but is still quite depressed. Of course if the world's economy ends and we return to a barter system, it will surely suffer. So it's quite risky. My play in the shippers is EXM, DRYS and GNK. These are all very depressed in stock prices, but have reasonable debt levels and substantial contracts locked in at favorable rates. All are high risk, but have very high potential returns.

Quote of the Week

From "The Impossible H. L. Mencken", page 597 re the Scopes trial.
"The sole commentary of the sardonic Darrow consisted of bringing down a metaphorical custard pie upon the occiput [*Word of the Day] of the learned jurist."

Word of the Day

"Occiput" - noun [$10]
Occiput means the back of the head.
Sentence: In six months, will American voters be patting themselves on the back for making a fine choice for President, or rapping their occiput as they puke, realizing what a foolish vote they cast ? Time wll tell.

39 comments:

mfl59 said...

How about an election day contest.....How many electoral votes does John McCain receive tonight?

Bunkerman said...

hmmm 273 ?

maverick said...

No Republican has won the presidency without Ohio...will mama B help us?

Spin-em said...

185 for little John.......

mfl59 said...

I'll give the old warhorse 227....

Bud said...

i don't have time for this stupid contest........i'm busy workin on my college football picks

wow.......i already see some locks

Bunkerman said...

Mama B is too infirm to vote, even absentee. But if she could, she always voted D in her entire life, I think.

haha she once threatened to dump a bowl of grits on my head when I was preaching Reaganism.

Frosty said...

I'll give Palin 69.

Frosty said...

Bunky...you must be taking some sugar today...lil trading around the core.

Bunkerman said...

no, I'm standing pat.

Frosty said...

not even a lil sugar...just makes me sad knowing you have been reduced to the point that you are eating a Spam breakfast.

maverick said...

do the Cyclones wear orange? Heard a request form Knoxville

Bunkerman said...

The buys at/near the bottom have gotten my average prices to where I am green on almost all my stocks, but the total gains aren't big, as my early buys were ... way too early.

Bunkerman said...

JP Morgan Chase closes proprietary trading desk, Financial News says .

Good move, in my opinion.

Spin-em said...

New Rules if Obama wins.






THE USGA WOULD LIKE TO INFORM ALL GOLFERS

There is a possibility of MAJOR rule changes to the game of golf, this
may occur sometime after November 4.

This is only a preview as the complete rule book is being written now.

Here are a couple of basic changes.

Golfers with handicaps:

- below 10 will have their green fees increase by 35%

- between 11 and 18 will see no increase in green fees

- above 18 will play for free and even get a check from the club/course
played

The $ amount put in for bets will be as follows:

-for handicaps below 10 an additional $10

-between 11 and 18 no additional amount

-above 18 you will receive the total amount in the pot and you do not
even have to play.

The term "gimme putt" will be changed to "entitlement"

and will be used as follows:

-handicaps below 10, no entitlements

-handicaps above 11 to 17, entitlements for putter length putts

-handicaps above 18, if on green, no need to ever putt, just pick it up

These entitlements are intended to bring about fairness in scoring so
that the final scores of all players will be about the same.

In addition, a Player will be limited to a max of one birdie and/or six
pars, any excess must be given to those fellow players who have not yet
scored a birdie or par. Only after all players have received a birdie
or par from the player making the birdie or par, can that Player begin
to count his score again.

The current USGA handicap system will be used for the above purposes
but the term "net score" will be available only for scoring those
players with handicaps 18 and above.

This is intended to "redistribute" the success of winning by making
sure that in every competition the above 18 handicap players will post
only "net score" against every other player's gross score.

These new Rules are intended to CHANGE the game of golf. Golf must be
about Fairness Only, it should have nothing to do with Ability.

mfl59 said...

had to take down a Black Panther on my way into the voting booth....thats where the wrestling background comes in handy, eh bunkerman?

Bud said...

iowa state is not looking for a coach.......we're happy with gene chisum.....it takes time to build a program


i'd like to see clemson or rutgers play in the big 12

massacre indeed

Bud said...

that's funny spin.........unfortunately true as well


change is a comin alright

Bud said...

i'd love to see the Bman decapitate a few blank panthers with his sword......f'ng car-jackers

samurai style


PS.........you got any samurai swords Bman?

Bunkerman said...

boxing, too, frosty.

Bunkerman said...

uh, Bud ... do you really need to "ask" that question ... the answer must be soooo obvious.










yes, I have four, I think. well-located if necessary. Plus a couple ninja swords. Bowie knives, on and on.

then there's the battle ax, mace, etc.

Bud said...

mace ????


isn't that what girls use ........Bman must carry a man-purse

Spin-em said...

what if they chinese star ya comin thru the front door while your reading your french??...no side arm???..wtf??...lol

Bunkerman said...

oh Bud ... this is a real mace - about 5 lbs steel club, suitable for bashing the steel helmet of an opposing knight.

Frosty said...

Bunky...cut a pop can with the ginsu, then slice a turnip..perfect everytime.

LMAOOO Spin, did you just say weak and unprepared.

Bunkerman said...

sheesh, you guys are so naive ... dogs bark, I see threat, 3 seconds my hand is filled with a .38. End of bad guy.

The other weapons are backups, etc. for if I'm surprised away or who knows - I have a backup of a backup of a backup to about the 10th power.

The dogs, fence, etc. give plenty of warnings except odd circumstances.

Spin-em said...

MMM,UTX,BA 50dma

Bud said...

'end of bad guy'

lmaoooooooooooooooooooo



PS.....sounds to me like the Bman can arm a small mercenary force

Spin-em said...

what if youve had youre 3 Bunktini's....thug walks in dogs barkin.....bunks feet up on the back of the sofa dreamin of Julie Andrews...lool

Bunkerman said...

near sofa is the mace. even a third bunktini won't stop me from handling that .. might even give me more "fury"

mfl59 said...

Bman are there many robberies in your bucolic ($10) town sir?

Spin-em said...

loooooooooooool bunk

Bunkerman said...

hmmm ... a burglary once in a while. No robberies.

once in a blue moon a drifter hits a convenience store ...

Bunkerman said...

the squirrels are always robbing my bird feeders.

Bud said...

lmaooooooooooo 'fury'


i know the Bman prays and hopes every night that a burglar shows up

Bunkerman said...

Don't you guys prepare defenses in depth ?

sheesh ... just targets.

Bunkerman said...

;-)

Bud said...

yes i do Bman........i call 911

Spin-em said...

OKKKKKKKKKK Merny you got your wish...I dont wanna hear any of your bullshit cryin about what you inherited.....just fix it Magic