Thursday, December 11, 2014
Cash Trumps Wall Street Bull this Christmas: Tales from Normal, Mn.: FICTION
Just got the tweet from the bass fishermen in Normal, Mn,,at Betty Lou's coffee shop, where all the guys have had a long coffee session since the weather has been so unseasonably mild that their ice shacks are very close to sinking into the water....and they have been glaring at the news on the old black and white tv over the coffee roasting machine that has been blaring out how stocks are plunging world wide....and they came up with a new indicator----the sinking ice shack indicator...that seems to sink just like their investments in 401K etc....and the old guys were mentioning the failure of traditional portfolio management in that when there are times of panic..Both stocks and bonds can plunge...and so the old guys just smiled and all vowed to never forget the mantra that they had learned as kids...."CASH trumps Wall Street BULL." Stay tuned as I follow this story.
Wednesday, December 10, 2014
.25 cent gasoline: Memories of the bass fishermen of 1974:;; Tales from Normal Mn: FICTION
Just got the tweet...from the bass fishermen in Normal, Mn....they were sipping coffee this morning at Betty Lou's Coffee Shop, where all the coffee is double strong and the whipped cream is no extra charge...and the guys were remembering the good old days of 1973...when gas prices were .25 per gallon....and of course they also remembered that the prices of three bedroom ramblers was about $24,000 for a nice one used....and entry level jobs were about $500 a month....
Every single man was excited with the drop in gas prices and could not wait till they returned to .25 per gallon...and also they were waiting till the price of a three bedroom rambler in Minneapolis or St. Paul was $24,000...and that price included a new modern kitchen with dishwasher and such....Until then...the rule was just rent...stay tuned...those youngins are so hip.
Americans proud of the power of fracking to lower gas prices and also proud of Saudi efforts to destroy them...nice: Tales From Normal, Mn.: FICTION
Just got the tweet...in an amused session at Betty Lou's coffee shop this morning...where the bass fishermen were all assembled because of the fog conditions....were all abuzz about the fall in the price of oil, and the enthusiasm of the political pundits that this was great for America, even though it might mean the destruction of some banks for the third time in a decade, and all conservative income investors nationwide, and also all the newest fracking operations.... One older bass fisherman called the whole operation "911 Part II"....nice.
Church Leader prescribes Heart softening pills and hearing aids for all Bishops: Tales From Normal, Mn.: FICTION
A well known pontiff...who as some insiders know once owned a motorcycle...has now prescribed an infallible dictum to all his bishops...that from now on hearing aids will be dispensed..on the assumption that they are needed...and further that a supply of new breakthrough heart softening pills will be sent along with the hearing aids...both in a plain vanilla unmarked envelope...the bass fishermen in Betty Lou's coffee shop in Normal, Mn. were just wildly enthusiastic with the news....imagine they said...a person at the top of an organizational chart that actually gets it..wow....stay tuned as I follow this story.