Wednesday, March 11, 2009

Another Hog at the Trough

I finished my early mission - taking a car to be serviced - quickly, so can make a short post. But before I do this, I suppose many are familiar with those keyless ignition systems. The loaner car the dealer gave me has it, and I've seen them before. Question: suppose one is at a mall or supermarket and one accidentally drops the gizmo on the concrete. Can it break and then not work ? Something similar happened to me recently for a simple automatic door lock/unlock device. The automatic door unlock did not work, but, of course, I had a real key, too. These new devices require the automatic signal for the car to start. But if your car can't be started, that's a big problem. I wonder if this "improvement" is a SNAFU waiting to hit people.

Hog of the Day

WSJ: "NEW YORK -- American Express Co. said its chairman and chief executive, Kenneth I. Chenault, earned salary, perks and stock-based awards in 2008 valued at $36.3 million.
According to a securities filing, Mr. Chenault's compensation included stock and options valued at $34.1 million at the time of the grants in early 2008. At the time, the credit-card firm's shares were trading at about $49. In New York Stock Exchange trading Tuesday, AmEx shares rose $1.53, or 14%, to $12.17, close to a 12-year low."

Imagine that - the stock gets crushed, earnings are poor and Mr. CEO takes home $36 million. It's great if you can get it. But the common man never gets it - only the ruling class hogs.

Word of the Day

"Philtre" - noun [$10] a Mencken word
Philtre means a drink suposed to excite sexual love in the drinker.
Sentence: I strongly doubt that real buyers quaffed quarts of philtres for stocks yesterday, rather the jump was likely short covering that found few real sellers higher.

Le Mot du Jour

Somme - noun, masculine.
Somme means nap, snooze.
La Phrase: L'homme du bunker aime bièn faire un petit somme après son déjeuner.
Sentence: Bunkerman likes to take a short nap after his lunch.

26 comments:

Bud said...

that is disgraceful.......36million for what ??? driving the company into the ground


'vikings looting the monastery'

Bud said...

mr G in the wsj today...........did you read Bman ?? i tend to agree with him

housing bubble is not 'his fault'........there were many factors....a perfect storm

Bud said...

saw the season premiere of my new favorite show last nite...( it was on sunday i tivo'd it)


Breaking Bad on amc.......i would say it's the best show since Deadwood

a hi-school chemistry teacher who has lung cancer turns into a crystal-meth dealer........watch it Bman

mern said...

¡El brote, su llegan a ser cada vez más como limbaugh de prisa por el día! Usted nunca ha sido Costa Rica, pero ive estuvieron allí DOS VECES (no visita guiada, justo saltados en un 4 corredor y fueron por todas partes el lugar, y francamente nunca sentían más seguro en mi vida!). ¡Conozco a personas que viven allí, usted se puso!

Atasque a lo que usted sabe. Es una mujerzuela, y piggybacking lejos de Liz.

Bman sus comentarios acerca de Costa Rica que está como afghanishtan son tan ignorante como el callos medio de retraso de ciclo.

paz

Spin-em said...

loool

piggybacking.....copiado

puso??..si..pienso tan de hecho

Bunkerman said...

I never read that old fool, Elmer, any more.

It wasn't all his fault, but when you add his "part" to his opposition to regulating derivatives and hedge funds, he's got three strikes.

Bunkerman said...

lol, I can make out a couple words ... Bman ... ignorante.

I get the drift

;)

Bunkerman said...

But it's still a defenseless little country in an unstable region.

I hope the ladies are gorgeous ... and not nuts or parasites.

mern said...

I hope the ladies are gorgeous ... and not nuts or parasites.


yes to all 3, but thats everywhere, no?

mern said...

oh and may i suggest bill maher from last week, guests t boone pickens and erin burnett. very gud stuff!

and apparently john stewart and cramer r going at it. stewart ABSOLUTELY SMOKED Crames last nite, i was ROFLLLLLLL.

he just showed cramer predicting down 14,500, BSC is fine. some of the stuff was taken out of context, but im glad people r finally calling this crook out!

im sure cramer will try to sue him, but i dont think he has much of case becuase all he is doing is playing cramer clips and then going "HMMMMMMMMM" while the audience is dying.

mfl59 said...

Jon Corzine...worst governor in the history of the United States....

Frosty said...

sell GLD 1k and begin to postion for a major market rebound move 3-10, buy the fins indeed...MFL59, you should have a cnbc show...amazing sir, spot on.

Bud said...

i'm sure the queers.....uhhh....i mean the private email team were all short SKF comin into today


'the king of SKF lives in scranton'


pfffffffffffffffffffffffffft

mfl59 said...

may i suggest you find solace in the church Bud? perhaps a priest can ese your internal pain...

Bunkerman said...

I think Bud should find a nice girl & get married.

Bud said...

yesterday i was a terrorist........and today i need to go to church


PS......listen ace......i don't need to hang around perverts who prey on the vulnerable with fairy tales

Bud said...

ATVI sweet


'thanks joe torre jr'

Frosty said...

I think Bud should find a nice girl & get married.

LMAOOO bunky...at a minimum your son is bisexual...you live in a fantasy world...until you accept him for what he is, how do you expect others to respect him...get your head out big fella, give the kid a break.

call off the dogs bunky, don't force the issue...you will only make him more bitter.

Bud said...

'at a minimum'


LMAOOOOOOOOOOOOOOOOOOOOOOOOOOO



shut up bob!!!.......shouldn't you be workin on your stupid spreadsheet anyway ???

Spin-em said...

GNK...mike on a roll ... stay back everybody..hes on FIRE!!! "thanks mike"

mfl59 said...

thanks "SKF King"

80 points in 2 days....that has to be a record......who needs Carter Worth?

mfl59 said...

"We did it without earmarks"

No offense sir...but are you freaking serious????

Bunkerman said...

Finally have my last corporate tax return done.

Frosty said...

Bunky...Jamie Dimon, no one knew what impact derivative markets could do to the economy...I don't think he reads this blog.

top to bottom JPM employees live in a fantasy world indeed...derivatives tps reports, check.

Frosty said...

Bunky MIA...must be a feeding frenzy...buy buy buy...are you sure this is the bottom sir.

Bunkerman said...

MIA ... nah ... nap per Le Mot du Hour, then picking up Mrs. B's car from service at dealer.

No buying here ... already did it all until April.