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Thursday, May 31, 2012

Some Hypocrisy Here

Social and political criticisms


              
                    He is not on trial.  Who is?




                      


As I listened to the judgement of CJ Corona  I shudder at the Holier than thou attitudes of the judges. There was hypocrisy of the highest order. Those who judged on integrity, on the  culpable violation of the constitution:consist of womanizers, of political dynasty, of  former executors of the martial law, and we are not sure ourselves whether their SALN are accurate.

As CJ have challenged them, they all should sign the waiver.

And lately they have discovered a property in Forbes Park allegedly owned by adopted child of Sen.... (he did no sign a waiver... because he was not on trial...)

When will this all end?  And now Pnoy does not want to sign a waiver?   Sino maniniwala sa tamang daan?

Change of National Heroes and Icons

Social and political criticisms
                          


With the recent events at the CJ Corona trial,  and other stories, it is time we change our national heroes and icons.


                                   




Apolinario Mabini, the sublime paralytic should be the national hero replacing  Dr. Jose Rizal.

The wheelchair should be a national icon.

                                    
          



The Marcos Leadership is Coming Back?

Social and political criticisms

                        


 Sen Ferdinand Bongbong Marcos cast an unpopular not guilty vote.  However, one should admire his eloquence and clarity of thought (if he wrote his vote speech).  One recalls the eloquence of his late father.

And we have to watch out more his moves and plans for his political career.

      

CJ Corona Convicted; Will there be More?

Social and political criticisms
                                   


Now it is over, CJ Renato Corona has been convicted of Article 2, SALN.  It reminds us how the high and the mighty, like Al Capone, was downed not by high crimes but a simple matter with their financials.

The Senator judges has rendered the judgement just one of the high public officials.  But but what happens next?  What about those who have not been caught.  I am sure the other justices and fmr CJ had one what the current CJ had done before.  Will they be investigated too?

 



What about the other officials:  senators, congressmen, provincial commanders, generals, cabinet secretaries?

Will this event stop/discourage other corrupt officials

Monday, May 28, 2012

The Facebook 30% Slide in Market Value in one Week

Social and political criticisms


                          


The Facebook market cap slid by 30% in one week. That is probably the biggest loss of an IPO right after the offering.  If the IPO is worth $l00 billion, then that is a whopping $30 billion loss;  it is not chicken feed or peanuts.  That is a lot lot bigger than the $2billion trading loss of JP Morgan.

It is a mea culpa for those who went ahead buying FB stock.  It was a popular, trending social media, but with no real solid business model and cash flows.  It was, just like the idea it was promoting, highly socialized;  but business wise.....

All that glitters and/or popular is not gold...


                                        


                                   


                                       


This is the reason why the IPO bombed out.  The numbers, the financials will set you free.  The revenues and the Gross Profit are not that high to justify the high market  cap.  The net income would not even amount to $lbillion per year.  It would take more than l00 years for investors to have their ROE.  The PE ratio is simply too high

Hot Money Exiting Stocks; Going into Bonds

Social and political criticisms

 


                               


There is a virtual run from the equities as investors are spooked by  the Greece tragedy.  Hot money is exiting mutual funds holding on to stocks and flocking going into funds that hold bonds (debt instruments).  The Greece problem is spooking the markets.

Some of the editorials here have seen this trend belatedly or that our analysts were not quick enough to make advice on this trend.

                      
                             The Greek Tragedy
                    



Philippines a Growing Economy?

Social and political criticisms

                                          

Over the last 3 months, I have seen American consultants roaming around.  Aside from Americans working in call centers.  What jobs are scarce in the US?

I just attended a seminar on marketing and branding.  The lecturer is from Singapore and is doing a lot of business consultancy in the Philippines.  She says that large number of their accounts are in Asia.  And Phil is one of the emerging markets.


                   


Sunday, May 27, 2012

Fwd: Liberty Alert: Our Nation's Biggest Tax Increase

Obama is a blue blooded Kenyan?

---------- Forwarded message ----------
From: Bob Livingston <eletter@news.personalliberty.com>
Date: Fri, May 25, 2012 at 8:07 PM
Subject: Liberty Alert: Our Nation's Biggest Tax Increase


Are You Ready For Taxmageddon?

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Latest From Chip Wood May 25, 2012
Are You Ready For Taxmageddon? Are You Ready For Taxmageddon? »
Thanks a lot, Congress. It looks like you've really stuck it to us again. This time, just sitting on your hands and doing nothing is going to cause the biggest tax increase in our Nation's history. Taxmageddon will come from tax cuts expiring and new tax increases taking effect because of Obamacare. More »
Freedom Watch
How Can Anyone Be A Birther? How Can Anyone Be A Birther? »
"Birther" is a term the mainstream media have put on those who question whether President Barack Obama was born in the United States and is, therefore, eligible to hold the office of President. How can anyone believe Obama was born anywhere but Hawaii? More »
Personal Liberty News
Rand Paul Wants FDA Disarmed Rand Paul Wants FDA Disarmed »
When most Americans think of employees of the Food and Drug Administration, images of researchers, scientists and inspectors working to ensure that mass-produced food and medicines are fit for human consumption may come to mind. But for hundreds of American farmers who have been — often frighteningly literally — targeted by the FDA, the reality is very different. More »
Here's a Special Message From
Our Friends at Agora Financial
Thanks, Ronald Reagan!

Today's Washington might be out to ruin your retirement.

But lucky for us, Reagan's White House might have just saved you.
How? With a little-known "loophole" Ronnie signed into law nearly 25 years ago.

Almost no Americans know about the special "10-86 plans" he created... but those that do get to collect as much as three times the income most stocks or bonds pay.

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The Word 'Lunatic' Outlawed The Word 'Lunatic' Outlawed »
In a crazy turn of events, the word "lunatic" will be removed from Federal law. The Senators who co-sponsored the legislation believed the omission of the word was necessary in order to reflect the country's current understanding of mental health issues. More »
Los Angeles Bans Plastic Bags Los Angeles Bans Plastic Bags »
In a 13-1 vote, the City Council of Los Angeles decided to trash plastic bags. In doing so, Los Angeles became the largest U.S. city to ban the pollutant. California cities San Jose, San Francisco and Long Beach have passed similar ordinances. More »
Bug Out Boat? Bug Out Boat? »
Preppers who are serious about being prepared for anything when they grab their bug out bag may want to check out the Foldboat, a plastic rowboat that can be folded down small enough to be easily carried. More »
Chip Shots
Red State Giving Obama The Blues

Losing North Carolina? In last week's column Barack Obama's Really Bad Day, I discussed how Obama's endorsement of same-sex marriage could hurt him in North Carolina — a State he carried by a razor-thin margin in 2008. The latest Rasmussen poll says it's already happening; Mitt Romney has taken a decisive 51 percent to 43 percent lead over the President in the Tar Heel State. Adding to the Democrats' woes, several gay-rights groups are demanding that that they move their national convention to another State to punish North Carolinians for supporting an amendment to the State constitution declaring marriage as a union of one man and one woman.  More »

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Thursday, May 17, 2012

Fwd: Liberty Alert: Gold, The Easy Investment

This is a very contrarian view -- that gold is not a good investment coming from a friend of Warren Buffett.  Is this correct.

It is also disturbing that in US, the land of the free, taking pictures could be a crime subject to torture.

Is US still the land of the free?  Or just the home of  the brave?

---------- Forwarded message ----------
From: Bob Livingston <eletter@news.personalliberty.com>
Date: Wed, May 16, 2012 at 8:06 PM
Subject: Liberty Alert: Gold, The Easy Investment





So Simple A Caveman Would Own It

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Latest From John Myers May 16, 2012
So Simple A Caveman Would Own It So Simple A Caveman Would Own It »
Wall Street's ignorance was on full display this month when Warren Buffett's top investment advisor Charles Munger explained that gold is a useless relic. Munger thinks people should either be facing a Nazi occupation or else be as stupid as a caveman in order to purchase gold.  More »


Freedom Watch

Arrested For Taking Pictures; Tortured For Being 'A Teabagger' Arrested For Taking Pictures; Tortured For Being 'A Teabagger' »
Nancy Genovese was arrested in New York for taking pictures. She was imprisoned and tortured over several days to send a message to "Teabaggers." In the holding cell, she was interrogated without being Mirandized. Her requests for a lawyer were ignored. She was told she was being charged with terrorism. More »

Personal Liberty News

Romney's Big Government Military Budget Romney's Big Government Military Budget »
If you are among the Americans who have continually said things like "We need to unite to back Romney" or "I'm not voting for Romney, I'm voting against Obama" throughout the Republican Presidential primaries, you are simply saying "I love big government." More »

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Dick Morris gave his endorsement


Rand Paul Weighs In On Obama's View Of Marriage Rand Paul Weighs In On Obama's View Of Marriage »
During a speech at Iowa's Faith and Freedom Coalition meeting, Rand Paul said: "The President recently weighed in on marriage and you know he said his views were evolving on marriage. Call me cynical, but I wasn't sure his views on marriage could get any gayer." More »

Liberal Chris Matthews Flops On Jeopardy Liberal Chris Matthews Flops On Jeopardy »
On a recent special episode of "Jeopardy!," Chris Matthews, host of MSNBC's leftist "Hardball," showed the world his intellect. The "Hardball" host swung and missed at some softball questions lobbed by host Alec Trebek. More »

Hackers Taking Over Hackers Taking Over »
According to news reports, the loose-knit hacktivist group Anonymous may be becoming one of the most powerful organizations on the planet. "The entire world right now is run by information," Anonymous hacker Chris Doyon tells Postmedia News from an undisclosed location in Canada. More »



Political Cartoon

With This Ring…


Nate Beeler, The Washington Examiner
 More »


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