Sunday, January 31, 2010

Internet TV Trend

I was in Costco the other day an noticed Vizio just came up with a new version of their 55" LCD LED TV http://www.vizio.com/flat-panel-hdtvs/vf552xvt.html


The TV comes with a built in ethernet and wireless network card. This is the start of a new trend. New shows will be created online and watched on TV. Instead of fast forwarding through sportscenter for the highlights of a certain sport, there will be a "internet channel" you we be able to subscribe for for free so you can focus on watching the football highlights only and not have to fast forward through the commercials and golf highlights.




The will be similar to what the IPOD did with AM/FM/Sat radio. You download your favorite shows (or select clips) and listen to them when you want.

ex. ESPN's podcenter http://espn.go.com/espnradio/shows


This opened the door for internet created content.
ex.
http://kingworldnews.com/kingworldnews/Broadcast/Broadcast.html
http://twit.tv/



This trend will take many years, but i say by 2020, broadcast/cable/sat TV will be only used for live events.


RSS Feeds

We all have websites that we visit daily.


With RSS feeds, there are no ads, the font is the same and we are notified of when a new post is made. You will see a orange icon on URL bar in firefox to subscribe to the feed.

Google reader will bold the sites that have new posts and you can view the entire post in the right hand window.




The RSS reader is great for downloading new podcasts as direct link to the MP3 file is posted.



Another reason I use www.google.com/reader is it syncs between my home computer and work computer since the site is “in the cloud”.

US $ vs. oil, gold, sp500

As a follow-up to how clueless the public is on a weak dollar and the price of oil, here are 2 charts I created to give some perspective.

1 year ago on Feb 1st, 2009 oil is up 80%, spx500 is up 30%, gold is up 18% and the us dollar index is down 7%

(click on the image to enlarge)


Take a look since August 2008

In my opinion the tug and war of inflation and deflation continues. At what point does big ben stop printing money and how fast can he withdrawn it from the system if we get into a hyperinflation environment?


I also find it funny at the gas pump on when crude oil increases, gas prices increase, but when oil drops, the gas stays the same or drops a penny or 2.


This Trend Looks Great...If It Were GDP

http://i888.photobucket.com/albums/ac83/crackedstar/51931700.jpg

Friday, January 29, 2010

2010 State of the Union Address

http://en.wikipedia.org/wiki/2010_State_of_the_Union_Address
- Only 10% of income to student loans
- All student loan debt forgiven after 20 years, or after 10 years if they choose a career in public service
- Cost cutting at colleges and universities

How can colleges lower the cost if the first 2 points ensure they will get their whatever they want to charge? This encourages college students to go into more debt. They do not have to pay their entire college tuition, the tax payers get stuck with the rest of the bill. If they want to lower the cost of college, do not ensure students will pay their tuition (gov back stop) and colleges will be forced to compete and lower their rates.

Obama administration & BCS playoff system

Justice Dept.: Obama administration may take action on BCS

This is a legit story! At first, I thought it was an onion.com story, but it is true.

"The administration shares your belief that the current lack of a college football national championship playoff with respect to the highest division of college football ... raises important questions affecting millions of fans, colleges and universities, players and other interested parties,"


Are you kidding me? Who is this government? Who are they to strong arm the college playoff system? This crosses the line in my opinion.

Wednesday, January 27, 2010

I'm almost speechless.

Cesar Rodriguez has a sweet tooth. Five to six times a day, he snacks on coconut candy.

Bitterly, it landed him in jail for five days.

"They kept saying it was an ounce and a half of crack cocaine. I'm like, 'an ounce and half of crack cocaine?' It's coco candy," he said.

Last Friday, he walked out of a bodega on Arthur Avenue and 180th in the Bronx, when officers from the 48th precinct randomly asked if they could search his car. "I even opened the door for him. I said if you wanna search, search. It's full of tools, we're plumbers," Rodriguez said.

Instead of tools, they pulled out a Hello Kitty sandwich bag like this one, filled with coconut candy.

"When he was found it, he was like bingo. Bingo. I'm like bingo? What do you mean bingo? He said, 'Oh, this what y'all do. Y'all sell a lot of drugs, crack cocaine,'" Rodriguez explained.

The officers did not perform a field test. Rodriguez and Pena were arrested for felony possession of a controlled substance.

"Between Friday and Sunday, somebody should have tested this substance," attorney Neil Wollerstein said.

Pena only spent one night in jail, but the five nights for Rodriguez were hard.

"They locked me up for candy. And they're making it such a big deal. It had me worried. I was really stressed out," Rodriguez said.

The NYPD had no comment on the case. The two men are planning to file a lawsuit.

Monday, January 25, 2010

The pigs have a sense of humor too...sort of.

This would be hilarious if it were in a movie or something. As it is, it's enraging. Imagine if one of us tried to pull something like this on them. There would be a beating and handcuffs involved, I would imagine. Dogs too, the biting and sniffing types. The consequences would most likely be life ruining. This clown was merely disciplined in some unknown way. He doesn't work there anymore, but it seems that they allowed this jerk to quit instead of being fired. Unbelievable. Also, the TSA refuses to disclose the identity of the offending moron. A "civilian's" face would be all over the news. Sickening.


Daniel Rubin: It was no joke at security gate

In the tense new world of air travel, we're stripped of shoes, told not to take too much shampoo on board, frowned on if we crack a smile.

The last thing we expect is a joke from a Transportation Security Administration screener - particularly one this stupid.

Rebecca Solomon is 22 and a student at the University of Michigan, and on Jan. 5 she was flying back to school after holiday break. She made sure she arrived at Philadelphia International Airport 90 minutes before takeoff, given the new regulations.

She would be flying into Detroit on Northwest Airlines, the same city and carrier involved in the attempted bombing on Christmas, just 10 days before. She was tense.

What happened to her lasted only 20 seconds, but she says they were the longest 20 seconds of her life.

After pulling her laptop out of her carry-on bag, sliding the items through the scanning machines, and walking through a detector, she went to collect her things.

A TSA worker was staring at her. He motioned her toward him.

Then he pulled a small, clear plastic bag from her carry-on - the sort of baggie that a pair of earrings might come in. Inside the bag was fine, white powder.

She remembers his words: "Where did you get it?"

Two thoughts came to her in a jumble: A terrorist was using her to sneak bomb-detonating materials on the plane. Or a drug dealer had made her an unwitting mule, planting coke or some other trouble in her bag while she wasn't looking.

She'd left her carry-on by her feet as she handed her license and boarding pass to a security agent at the beginning of the line.

Answer truthfully, the TSA worker informed her, and everything will be OK.

Solomon, 5-foot-3 and traveling alone, looked up at the man in the black shirt and fought back tears.

Put yourself in her place and count out 20 seconds. Her heart pounded. She started to sweat. She panicked at having to explain something she couldn't.

Now picture her expression as the TSA employee started to smile.

Just kidding, he said. He waved the baggie. It was his.

And so she collected her things, stunned, and the tears began to fall.

Another passenger, a woman traveling to Colorado, consoled her as others who had witnessed the confrontation went about their business. Solomon and the woman walked to their gates, where each called for security and reported what had happened.

A joke? You're not serious. Was he hitting on her? Was he flexing his muscle? Who at a time of heightened security and rattled nerves would play so cavalierly with a passenger's emotions?

When someone is trying to blow planes out of the sky, what is a TSA employee doing with his eyes off the ball?

When she complained to airport security, Solomon said, she was told the TSA worker had been training the staff to detect contraband. She was shocked that no one took him off the floor, she said.

"It was such a violation," the Wynnewood native told me by phone. "I'd come early. I'd done everything right. And they were kidding about it."

I ran her story past Ann Davis, regional TSA spokeswoman, who said she knew nothing to contradict the young traveler's account.

Davis said privacy law prevents her from identifying the TSA employee. The law prevents her from disclosing what sort of discipline he might have received.

"The TSA views this employee's behavior to be highly inappropriate and unprofessional," she wrote. "We can assure travelers this employee has been disciplined by TSA management at Philadelphia International Airport, and he has expressed remorse for his actions."

Maybe he's been punished enough. That Solomon's father, Jeffrey, is a Center City litigator might mean this story isn't over.

In the meantime, I think the TSA worker should spend time following passengers through the scanners, handing them their shoes. Maybe he could tie them, too.

Update: Ann Davis, the TSA spokeswoman, said this afternoon that the worker is no longer employed by the agency as of today. She said privacy laws prevented her from saying if he was fired or left on his own.

Sunday, January 24, 2010

Ron Paul: "We Need to Take Out the CIA!"

Ron Paul in this clip says what you will not hear from any other politician (or from any mainstream talking heads):

There's been a coup, have you heard? It's the CIA coup. The CIA runs everything, they run the military. They're the ones who are over there lobbing missiles and bombs on countries. ... And of course the CIA is every bit as secretive as the Federal Reserve. ... And yet think of the harm they have done since they were established [after] World War II. They are a government unto themselves. They're in businesses, in drug businesses, they take out dictators ... We need to take out the CIA.

T Boone Wants Your Money: "$10 billion...Peanuts"

John Stossel asks the right questions in this interview, but the best question comes from his other guest (I am unsure who it is) at the very end of this clip.  He asks T Boone if he would do this (referring to wind gas investments) or invest a dime without subsidies.  T Boone essentially confirms that he would not.  This is confirmation that it is not a profitable investment, because if it were it would be rather easy to find investment money.  Possibly hr is and riding the green wave figures it is probable that he can grab so me stimulus cash, but I think these green projects would already be in the works if there was profit to be made. But as the other energy industries such as corn ethanol and oil are already heavily subsidized, maybe it is impossible to compare which process is truly the cheapest and most efficient without some research.

Thursday, January 21, 2010

Fun with Pigs

I've recently become a big fan of Jimmy Justice's YouTube videos. He finds NYC traffic cops, videotapes them breaking traffic laws and then busts the hell out of their balls. It's not that brave; NYC traffic cops are barely cops and have no arrest power. They dress up in real police uniforms, and drive around in police cars, but all they get to do is write traffic citations. I would really like to see someone do this type of thing with real cops, but this is fun for now.

A Jimmy Justice classic:

Monday, January 18, 2010

Are Oil Speculators Responsible for High Prices?

Anyone who believes that higher oil prices are the result of "evil speculators" is a gullible ignoramus.  Most in government are too, but even those in the know are happy to push the lies and place blame on imaginary people.  In fact, oil has not gone up in price at all, unfortunately people still seem to have trouble grasping what inflation is and what it does to prices.  Look for yourself in this relatively simple to understand (and slightly outdated) graph:



Martin Luther King

Just because he is of color doesn't mean our President has anything in common with the brave warrior of freedom and peace, MLK. It is actually an insult to King to spea the name of the current president in the same sentence with his. The overwhelming joy that it brought to people of a darker skin tone than myself actually flys in the face of what King preached. Although, it may be easy to understand giving history, it is not a step in the right direction. What if we don't have another president of color for 50 years? (or more). Given the jubilation seen in November of 2008, it can be assumed that this will be taken as "loss" for colored citizens and show inferiority once again. The contradiction of being overjoyed by a victory just because of a man's skin color (or religion, ect...), because it shows how we have become colorblind as a country is fairly obvious. I may be taking an unpopular stance here, but would it not have been a true sign of how far we have come as a society if him being the first black president was not mentioned or thought of any more than the hair color, height, eye color, shoe size or you name it of past presidents. Could his ideas not be more important, and the fact that he is just like all the other presidents in terms of welfare/warfare, anit-liberty, and socialistic central planning agenda. Which is better, someone who will hurt you and your family but is your race, or a man who has a lighter skin tone but comes in the name of peace and free, voluntary cooperation which you can choose to accept or walk away in peace and live as you choose and leave him to do the same rather some other topic or issue that separated him from the politicians of today coming from his ideas.

Many may disagree, but MLK would have preferred Ron Paul to Barry (or any other candidate of any race who was equally as unqualified). The message and ideas should be what we cheer for and fight against when necessary.


Sunday, January 3, 2010

Unlimited Pot of $ for Fannie and Freddie

I just around to reading this article from Christmas Day in that Fannie and Freddie will have an unlimited amount of funny money for the next 3 years from the treasury. LINK

I think the gov now own's 90+% of mortgages. There aren't any private sector lenders left. What is the point of doing this? Why is wrong with housing prices dropping to what the free market wants to pay for them? If I were to buy a home, I want to save my money first at a significantly higher rate and then pay for most of the house outright. Right now, I am being punished to save my US dollars.

What is fishy about this story is the deal was announced when the stock and bond markets and futures were closed and everyone is out eating Christmas Eve dinner, shopping etc. I guess people have short term memory since there was not a major sell off that Monday. We shall see when the volume and traders come back in the next 2 weeks.

Friday, January 1, 2010

GMAC “bailout” Insanity 3x

Insanity is doing the same thing over and over, but expecting a different result each time.

This is STILL occurring with GMAC.

Here are the dates and amount of funny money the US Treasury department gave GMAC.

December 29, 2008 - $5 Billion

May 21, 2009 - $7.5 Billion

December 30, 2009 - $3.8 Billion

That is $16.3 Billion dollars, not million, billion!

I think they should offer free tickets to the GMAC bowl tomorrow since we will be paying for these bailouts since we do not have any money saved. We will be paying via taxes or inflation.

http://money.cnn.com/2009/12/30/news/companies/gmac_bailout/index.htm - "The Treasury said it will inject $3.8 billion of new capital into GMAC rather than the previously announced $5.6 billion, because GMAC's needs are now less than originally expected, in part because the impact from the bankruptcies of General Motors (GM, Fortune 500) and Chrysler were not as harsh as regulators predicted."

Did they write that to manage expectations? Why not say they originally expected GMAC needed $1.5, but $3.8 was needed? It seems since the March low, the "tape" has been swing in any possible fashion to the positive side. I understand that it is human nature to remain optimistic, but why can't anyone stand-up and say enough is enough and that this company is in the crapper and has failed 3 times! After reading the article you feel that this is not terrible news, but in reality it is not. Again, there are other profitable business looking to grow, but the resources are still stuck in a money rat hole of GMAC. This is setting a bad precedence to large companies that you will be backstopped with money in case you are ready to fail.