* A Nation of No Losers *
We do not let you be a loser!
Your mistakes will be rewarded handsomely.
*
When you bought a mansion that you cannot afford, we're going to bail you out.
When you bought a clunker that you should not have, we give you $4,500.
When you bought any inefficient appliance or anything, we'll pay you no matter how old they are.
When you returned an old gun, we give you money for a better, updated gun so you can kill more.
When you lost your job, we extend your benefit.
When you cannot pay your college loan, we will give you amnesty.
When you ran out of money for Christmas gifts, we give you 2% payroll tax reduction.
When you do not have saving, we give you free health care.
When you have saving or a job, we take your health care away.
You die penniless, we help you out.
You die with millions, we share your wealth.
*
Teenagers, the more babies you have, the more benefits you have. Keep them coming.
Drunk drivers, no one will prosecute you as the entire jury and even the judge are drunk.
Rapists, you’re in good company of our politicians, coaches and clergymen who rape and cheat as a glorious sport.
Druggists, as long as you do not inhale, you’re still a no-loser.
Old ladies, your driver's license is also a license to kill.
Black kids, we give you special pass to go to college and jobs.
Congressmen, insider trading is legal to your privileged group.
Lobbyists, we can add import taxes on Chinese products that your industries cannot compete.
Prisoners, you will get the flu shots first and free dental care. If your local jails are full, we beg you to leave with free transportation.
Baby killers, we give you a movie/book deal to give you incentive to kill your next baby.
Altar boys, you could be the top 1%.
Fatsos, do not worry. Our up-coming drugs will melt all your fat while you sleep.
At the mean time, we double all seat sizes in buses, airplanes..., triple size the value meals and replace the slim actors with fatsos to make you look like a no-loser.
*
All athletes are rewarded with millions for taking drugs.
We’re outrageous on foreign athletes doing same.
It is an American invention and how dare you copy it without paying us royalty!
No other developed country lets their citizens own guns.
NRA and his puppet politicians will give you millions of funny 'reasons' like the only efficient way to control population.
When you cheated billions, you can retire in a resort-like 'prison'.
Also, the billions your wife hid is hers - no questions asked.
When your company fails, we bail it out.
The executives are rewarded with bailout money for bringing down a company.
When your company is failing, we give you half a billion – what a country!!!
*
The small catch.
We need your vote to re-elect us in 4 years.
The children cannot vote today, so let's pass our debts to them.
China does not have a voice here, so let's pass all the blames to them.
Even the entire world agree with us.
Our president was awarded the Nobel prize for doing nothing but reckless spending, so why you need to work hard and save?
------------
I wonder why.
Even with insurance, I pay a lot for doctor visits while the poor get it free.
The well-dressed lady in front of the check-out-line bought expensive meat using food stamp that I could not afford.
The ‘disabled’ youngsters spend all their time fixing up their motor bikes.
My friend's late father-in-law could not afford to go to nursing home while the poor get it free, and he paid a million or so for his estate tax.
-------------
The above serves as a wakeup call/satire/joke and nothing more. It is written by the 'winner' who actually is a loser.
(c) TonyP4 2008-2012
Monday, October 31, 2011
Trade by headlines
When it rains in Brazil, buy coffee futures.
Recently, it rains too much in SE Asia, so buy rice futures. I do not trade futures, so I miss the opportunity and unfortunately there is no equivalent ETF.
However, I benefit on two major trades as follows.
A magazine article pointed out coal should be bottomed but it could have another 20% down. I placed 5 orders and 4 got executed. I had to dip into my credit line. Made $5,000 on the same day. My theory: retail investors and hedge fund managers read the same article, but acted later the day - all the meetings with their wives and fellow managers caused them some change. I made about 22% average on the 4 stocks in two weeks as of last Friday.
Update as of 4/ 26/12. The coal stocks did not do well. The run up could be due to the magazine article.
Another article from the same magazine said same on copper and FCX. I placed the order but copper was up by 8% on Monday. Hence I did not get the order executed. Once a while a market order is good.
On the same week, CROX lost almost 40% in one day. I bought some and made about 10% profit today by selling it. CROX's fundamentals are no good and it does have the history of roller coaster ride in its stock price.
I predict the 4 coal stocks have a long way to realize its potential value, so I keep them. It could be a year, two or even three years.
This style of investing is trade by headlines. I practiced it before and more today. The market currently favors this style to me for the following reasons.
* The market is volatile.
* Retail investors are willing to get rid of the losers for year-end tax planning.
* Fund managers use it for window dressing.
* Investors are not rational and follow the market blindly.
* We have so many good news and bad news.
* The media influence the market.
-----
I've missed applying the same trick to the rise of Apple. I should have bought the stocks of its part suppliers. Hope learn it and take advantage of future similar circumstances.
(c) TonyP4 2011. Written in 10/31/11. Updated 04/26/12.
#####
Disclaimer: All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.
Recently, it rains too much in SE Asia, so buy rice futures. I do not trade futures, so I miss the opportunity and unfortunately there is no equivalent ETF.
However, I benefit on two major trades as follows.
A magazine article pointed out coal should be bottomed but it could have another 20% down. I placed 5 orders and 4 got executed. I had to dip into my credit line. Made $5,000 on the same day. My theory: retail investors and hedge fund managers read the same article, but acted later the day - all the meetings with their wives and fellow managers caused them some change. I made about 22% average on the 4 stocks in two weeks as of last Friday.
Update as of 4/ 26/12. The coal stocks did not do well. The run up could be due to the magazine article.
Another article from the same magazine said same on copper and FCX. I placed the order but copper was up by 8% on Monday. Hence I did not get the order executed. Once a while a market order is good.
On the same week, CROX lost almost 40% in one day. I bought some and made about 10% profit today by selling it. CROX's fundamentals are no good and it does have the history of roller coaster ride in its stock price.
I predict the 4 coal stocks have a long way to realize its potential value, so I keep them. It could be a year, two or even three years.
This style of investing is trade by headlines. I practiced it before and more today. The market currently favors this style to me for the following reasons.
* The market is volatile.
* Retail investors are willing to get rid of the losers for year-end tax planning.
* Fund managers use it for window dressing.
* Investors are not rational and follow the market blindly.
* We have so many good news and bad news.
* The media influence the market.
-----
I've missed applying the same trick to the rise of Apple. I should have bought the stocks of its part suppliers. Hope learn it and take advantage of future similar circumstances.
(c) TonyP4 2011. Written in 10/31/11. Updated 04/26/12.
#####
Disclaimer: All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.
Tuesday, October 25, 2011
Repeat and repeat
I posted the following again and again.
Some of the posts do not stick with facts. When you belong to a political party, your points are twisted to what your political party wants you to say.
* A full-scale trade war with China would bring us to another recession for sure and China would pull out the 1.3 trillions of the government debts. Our farmers are making good profits from China esp. when they start to export rice.
Click here for potential trade war with China.
Most have the myth that China stole all our jobs. Those are manufacturing jobs with low pays and India and the other low-wage countries would take China's place. Western Europe is our competitors with same high tech products.
It is quite easy for the politicians to unload all our problems to China as they cannot fix our problems.
* We have 1% richest folks and 45% do not pay income taxes. I and most of you belong to the 54%. The 1% are the investors and they will invest the money where the profits are better as most of us do in investing. At worst, we could kill the goose that lays the golden eggs or they survive by flying to other countries with lower taxes.
Small businesses are not hiring as they cannot foresee the economy and would be penalized for the unemployed workers, not to mention the uncertainty of the ObamaCare.
Currently, US is not a good place to invest with high corporate taxes, regulations and high labor costs. The root of our problem is the expensive wars we cannot afford and we do not live within our means. Government is buying our votes and it does not take a rocket engineer (now most are unemployed) to figure it out.
Click here for 'Democracy leads to socialism'.
The government should improve our economy and treat it as a long-term agenda. Entitlements should be cut. If you lose your free health care by taking a job, you will not work.
Some of the posts do not stick with facts. When you belong to a political party, your points are twisted to what your political party wants you to say.
* A full-scale trade war with China would bring us to another recession for sure and China would pull out the 1.3 trillions of the government debts. Our farmers are making good profits from China esp. when they start to export rice.
Click here for potential trade war with China.
Most have the myth that China stole all our jobs. Those are manufacturing jobs with low pays and India and the other low-wage countries would take China's place. Western Europe is our competitors with same high tech products.
It is quite easy for the politicians to unload all our problems to China as they cannot fix our problems.
* We have 1% richest folks and 45% do not pay income taxes. I and most of you belong to the 54%. The 1% are the investors and they will invest the money where the profits are better as most of us do in investing. At worst, we could kill the goose that lays the golden eggs or they survive by flying to other countries with lower taxes.
Small businesses are not hiring as they cannot foresee the economy and would be penalized for the unemployed workers, not to mention the uncertainty of the ObamaCare.
Currently, US is not a good place to invest with high corporate taxes, regulations and high labor costs. The root of our problem is the expensive wars we cannot afford and we do not live within our means. Government is buying our votes and it does not take a rocket engineer (now most are unemployed) to figure it out.
Click here for 'Democracy leads to socialism'.
The government should improve our economy and treat it as a long-term agenda. Entitlements should be cut. If you lose your free health care by taking a job, you will not work.
Friday, October 21, 2011
WW3
All nations except the involved should keep away from the Middle East conflict. WW3 will be most likely started in Middle East. The Bible says Israel will be surrounded by enemies. Israel is doing fine to protect herself with the jet fighters that are very useful in the desert. Let US, EU, China… isolate themselves from the conflict.
If it is about oil, shame on us. If it is a prolonged Crusade, shame on the misinterpretation of the religion and the Jews who control the US congress and drive us to the conflict.
—
A nasty joke:
The terrorist would go to heaven and is promised to have 6 virgins (need one day for rest). However, the fine print does not include the quality, age and the reasons they're virgins all their earthly lives of the virgins. As in their culture, female terrorists get nothing.
If it is about oil, shame on us. If it is a prolonged Crusade, shame on the misinterpretation of the religion and the Jews who control the US congress and drive us to the conflict.
—
A nasty joke:
The terrorist would go to heaven and is promised to have 6 virgins (need one day for rest). However, the fine print does not include the quality, age and the reasons they're virgins all their earthly lives of the virgins. As in their culture, female terrorists get nothing.
Tuesday, October 18, 2011
Outrage over toddler run over by vans followed by passers-by not helping
It made to the prime news in US. Very sad!!! This is not an isolated incident that I want to believe.
It is the worst of public behavior in a civilized society. I try to find answers.
1. It could be the product of lack of education due to the Cultural Revolution. The parents without good education would have strong effect on the current generation. My theory anyway.
Definitely demonstrates our failure of education and lack of general awareness on how to react in such situations. Education is not just a tool to get a good job, but also teaches us how to be a good human being and a good citizen.
2. It could be our culture. Do you remember the poem roughly translated as follows? Only sweep the snow from your doorstep and do not care much about the snow flake on the roof of your neighbor’s house.
3. Most likely it is the publicized cases that the Samaritans were punished. The judge who ordered the Samaritan to pay the expenses for helping an old lady who fell should be prosecuted. The judge could have no training and could be the result of Cultural Revolution. I bet China will set up laws to protect Samaritans.
Also, why did the parents let the kid running around?
When I watched how the passers-by moved the guy under a burning car in US risking their lives, I asked myself would I do it myself. The answer is a shameful ‘no’. In US, their insurance companies tell the doctors do not help a dying stranger in the street as it would cost an expensive lawsuit. So, it is not a China-only problem.
In the old days, I bet it had happened many times but they were never publicized. When we do not know the events, we never find ways to fix the problem.
Another instance that internet and the surveillance cameras (though I do not like it myself) could change the public behavior of a nation. We do not gain respect on how rich we are but how we behave in public. The child did not die for nothing if we can learn our lesson and set up laws to ensure it will never happen again.
It is the worst of public behavior in a civilized society. I try to find answers.
1. It could be the product of lack of education due to the Cultural Revolution. The parents without good education would have strong effect on the current generation. My theory anyway.
Definitely demonstrates our failure of education and lack of general awareness on how to react in such situations. Education is not just a tool to get a good job, but also teaches us how to be a good human being and a good citizen.
2. It could be our culture. Do you remember the poem roughly translated as follows? Only sweep the snow from your doorstep and do not care much about the snow flake on the roof of your neighbor’s house.
3. Most likely it is the publicized cases that the Samaritans were punished. The judge who ordered the Samaritan to pay the expenses for helping an old lady who fell should be prosecuted. The judge could have no training and could be the result of Cultural Revolution. I bet China will set up laws to protect Samaritans.
Also, why did the parents let the kid running around?
When I watched how the passers-by moved the guy under a burning car in US risking their lives, I asked myself would I do it myself. The answer is a shameful ‘no’. In US, their insurance companies tell the doctors do not help a dying stranger in the street as it would cost an expensive lawsuit. So, it is not a China-only problem.
In the old days, I bet it had happened many times but they were never publicized. When we do not know the events, we never find ways to fix the problem.
Another instance that internet and the surveillance cameras (though I do not like it myself) could change the public behavior of a nation. We do not gain respect on how rich we are but how we behave in public. The child did not die for nothing if we can learn our lesson and set up laws to ensure it will never happen again.
Sunday, October 16, 2011
Protest due to income disparity
If you work hard and/or take chances to profit from investment, you're entitled to have good wealth.
If you are lazy, collect entitlements, take drugs, and drop out from high school, you're entitled to be poor.
The rich and the poor have one vote each, and the politicians are buying votes so they will take care of the poor at first glance. However, the politicians have to satisfy first the special groups who pay their campaigns.
When the protesters are not against wars in Middle East, I conclude they bark at the wrong tree. It is the wars that drive us into recession. I feel sorry for the unemployed and in particular to the fallen heroes. However, I do not feel sorry for the prolonged welfare recipients.
You know who suffer most for the bankers' greed that caused this recession. The rich who own most of the bank stocks. Who is negligent? The government for not setting up/enforcing corrective regulations. Who are guilty? The bank management who tried to make money for the bank and their own bonuses. Also, the government and those of us who do not live within their means.
It seems it is representation without taxation. 45% of us do not pay any income tax. I'm not saying the poor should not have the right to vote, but the long-term welfare recipients should not have this right.
When you're born in the wealthy US, you're not entitled to be lazy and collect welfare for life and/or have a good job after college. If we cut down the entitlements of teenage mothers, I bet we'll not have the multi generations of teenage mothers and hence less single-parent families.
If we set up the entitlement system correctly so you do not lose your free health care when you work, I bet we will have more folks working in place of illegals.
The rich should pay their fair share. We do not want to drive them out to other countries with lower taxes. We encourage the rich to invest here by fair tax treatment (with less entitlements and ending the two idealistic wars). They are investors like we're. You do not want to kill the goose that lays the golden eggs.
I do not belong to any political party. I believe to help the poor by teaching them how to fish but not giving them fish everyday. The young kids fixing their bikes all day long should go to work, so are thousands of 'disabled' workers collecting disability social security!!!!
Our political system is leading to socialism and self destruction. Click here for details.
From the return of the stock market in last 3 years, you cannot get rich by investing. I still wonder why the rich increase their wealth that much in the same period. Did they trade with insider's info? If so, our enforcement is too ineffective. I just smell something is wrong with corruption.
On the second thought, globalization may have widened the wealth gap. Yesterday's jobs/services offered by lower society are being replaced by workers overseas.
If you are lazy, collect entitlements, take drugs, and drop out from high school, you're entitled to be poor.
The rich and the poor have one vote each, and the politicians are buying votes so they will take care of the poor at first glance. However, the politicians have to satisfy first the special groups who pay their campaigns.
When the protesters are not against wars in Middle East, I conclude they bark at the wrong tree. It is the wars that drive us into recession. I feel sorry for the unemployed and in particular to the fallen heroes. However, I do not feel sorry for the prolonged welfare recipients.
You know who suffer most for the bankers' greed that caused this recession. The rich who own most of the bank stocks. Who is negligent? The government for not setting up/enforcing corrective regulations. Who are guilty? The bank management who tried to make money for the bank and their own bonuses. Also, the government and those of us who do not live within their means.
It seems it is representation without taxation. 45% of us do not pay any income tax. I'm not saying the poor should not have the right to vote, but the long-term welfare recipients should not have this right.
When you're born in the wealthy US, you're not entitled to be lazy and collect welfare for life and/or have a good job after college. If we cut down the entitlements of teenage mothers, I bet we'll not have the multi generations of teenage mothers and hence less single-parent families.
If we set up the entitlement system correctly so you do not lose your free health care when you work, I bet we will have more folks working in place of illegals.
The rich should pay their fair share. We do not want to drive them out to other countries with lower taxes. We encourage the rich to invest here by fair tax treatment (with less entitlements and ending the two idealistic wars). They are investors like we're. You do not want to kill the goose that lays the golden eggs.
I do not belong to any political party. I believe to help the poor by teaching them how to fish but not giving them fish everyday. The young kids fixing their bikes all day long should go to work, so are thousands of 'disabled' workers collecting disability social security!!!!
Our political system is leading to socialism and self destruction. Click here for details.
From the return of the stock market in last 3 years, you cannot get rich by investing. I still wonder why the rich increase their wealth that much in the same period. Did they trade with insider's info? If so, our enforcement is too ineffective. I just smell something is wrong with corruption.
On the second thought, globalization may have widened the wealth gap. Yesterday's jobs/services offered by lower society are being replaced by workers overseas.
Friday, October 7, 2011
Trade War with China
If our politicians had 1/1000 of the brain of Steve Jobs, we would be in better shape. Recently they accuse China for depreciating the currency. We will not gain anything, but lose a lot.
* From recent history, China will retaliate like stopping our export of chicken feet, a delicacy over here but not fitted to feed our cows. Not to mention selling them airplanes and other farm products.
However, we started the trade war first by new taxes on Chinese tires and solar panels via the lobby groups/special interest groups. China retaliated with import cars... Our politicians always seek short-term solutions to satisfy certain groups or groups paying them money.
China is the best of the cheap labor countries, but there are many who will take China's place and we do NOT gain any job. The $20 wage will never compete with a $2 wage.
* China will not care about our economy if we do not allow their import. To pull back the trillions of debt is a no brainer to them. Again, our politicians have less than 1/1000 of the brain of Steve Jobs, and stupid folks will do stupid things.
* We hypocritically depreciate our USD by QE1, 2, and potentially 3. Hence, we try to lower our debt burden.
* It hurts US in the future by forcing a lot of pro US decision makers in China losing power/positions. Do you remember the Chinese missile scientist was falsely accused of being a communist and was forced to return to China and became the father of Chinese missiles? History is repeating itself.
The silly politicians insult our intelligence by blaming all our ills on China as they cannot fix our problems. They want to be re-elected and we should never fall into their stupid trap. We are not as stupid as our leaders as it would start the double dip recession.
(c) TonyP4 2011. Written in 10/7/11. Updated 10/7/11.
#####
Disclaimer: All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.
* From recent history, China will retaliate like stopping our export of chicken feet, a delicacy over here but not fitted to feed our cows. Not to mention selling them airplanes and other farm products.
However, we started the trade war first by new taxes on Chinese tires and solar panels via the lobby groups/special interest groups. China retaliated with import cars... Our politicians always seek short-term solutions to satisfy certain groups or groups paying them money.
China is the best of the cheap labor countries, but there are many who will take China's place and we do NOT gain any job. The $20 wage will never compete with a $2 wage.
* China will not care about our economy if we do not allow their import. To pull back the trillions of debt is a no brainer to them. Again, our politicians have less than 1/1000 of the brain of Steve Jobs, and stupid folks will do stupid things.
* We hypocritically depreciate our USD by QE1, 2, and potentially 3. Hence, we try to lower our debt burden.
* It hurts US in the future by forcing a lot of pro US decision makers in China losing power/positions. Do you remember the Chinese missile scientist was falsely accused of being a communist and was forced to return to China and became the father of Chinese missiles? History is repeating itself.
The silly politicians insult our intelligence by blaming all our ills on China as they cannot fix our problems. They want to be re-elected and we should never fall into their stupid trap. We are not as stupid as our leaders as it would start the double dip recession.
(c) TonyP4 2011. Written in 10/7/11. Updated 10/7/11.
#####
Disclaimer: All my posts are for informational purposes only. I'm not a professional investment counselor. Seek one before you make any investment decision.
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