A renewed push to drop the drinking age down to 18 for military members.
Works for me. Old enough to die for one's country should mean you are old enough to consume adult beverages. If adult hood legally starts at age 18, shall not that be the legal age for all non-minor child freedom?
05 March 2011
Please Dear God, Find Us a REAL Candidate for 2012!
Instead of this kind of candidate! Really Huckster? I mean, I have no problem with you being the next nominee and all, provided you stop preaching your holly bible crap! (Okay, that is an absolutely, totally loaded statement).
Look, I'm as spiritual as the next person, but the whole my rights stop at your door step has got to start applying to the Federal Government and politicians in general. I mean, Hollyweird is just that; F'in weird! Don't want them to have more attention than they already garner? Then don't talk about them which will certainly draw attention to them! Besides, it doesn't help when it's on a topic that average Americans (your's truly) just don't GIVE A SHIT ABOUT! (sorry for being ranty).
I swear, politicians are just as bad as teachers! They try to instruct upon which they do not know. (No offense to the good teachers who actually don't just play in the system and do their jobs). I honestly think that the born again's are attempt to preach in the public's eye and judge others really don't get the whole individual freedom or Thou Shall Not Judge mantra.
Besides Huckster, keep your nose out of Queen Amidala's business!
Look, I'm as spiritual as the next person, but the whole my rights stop at your door step has got to start applying to the Federal Government and politicians in general. I mean, Hollyweird is just that; F'in weird! Don't want them to have more attention than they already garner? Then don't talk about them which will certainly draw attention to them! Besides, it doesn't help when it's on a topic that average Americans (your's truly) just don't GIVE A SHIT ABOUT! (sorry for being ranty).
I swear, politicians are just as bad as teachers! They try to instruct upon which they do not know. (No offense to the good teachers who actually don't just play in the system and do their jobs). I honestly think that the born again's are attempt to preach in the public's eye and judge others really don't get the whole individual freedom or Thou Shall Not Judge mantra.
Besides Huckster, keep your nose out of Queen Amidala's business!
Wearable Sniper Detection Device
QOTD: Right Grid
When you are taking out insurgents by dropping JDAMs (probably of the 2,000 pound variety, and in multiples) on their compounds, you better damned well hope you get the "right grid."
Note: Possible NSFW language, view at your discretion.
Rodger. Just hope I got the right grid!
Note: Possible NSFW language, view at your discretion.
04 March 2011
Honesty in Banking; The Lack Thereof
This piece by Jonathan Weil is quite interesting in detailing some insight into honesty in banking (or if you are like me, what you believe to be the lack thereof).
The biggest thing we should take away from this article? Simple. More banks were reporting revised financial statements in the years preceding the finance meltdown than they have in the last year or two.
I don't know about you, but to me if things aren't getting better (without the fictions flotation of the Federal Reserve's POMO printing and pumping), wouldn't we see more banks revising earnings statements and not less? Unless, as Weil speculates, things like Sarbanes-Oxley caused institutions to clean up their internal controls and financial statements before the cash (and thus contributing to it), it might make some sense. This individual still isn't buying the smell however.
The simple man looks for the simple explanation. Or, even when dealing with complex issues, a prudent smart man should apply Occam's razor and look for the simplest solution, and even more so when the situation is complex and multifaceted. That said, there are too many variables to truly know whether or not banks and financial institutions have been properly recording earnings through the muddy waters of the current Great Recession. But just looking at the sheer numbers (lack thereof must be my favorite words today), one would think that as this recession wears on, and companies "come clean" to their investors, we would see those numbers rise to attest to some level of reliability in the financial reporting.
Until these things occur with enough saturation, banks and other companies will continue to carry their investments at mark to fiction. Even as an accountant who is supposed to play that game, something is very morally wrong with the basis of this story.
The biggest thing we should take away from this article? Simple. More banks were reporting revised financial statements in the years preceding the finance meltdown than they have in the last year or two.
I don't know about you, but to me if things aren't getting better (without the fictions flotation of the Federal Reserve's POMO printing and pumping), wouldn't we see more banks revising earnings statements and not less? Unless, as Weil speculates, things like Sarbanes-Oxley caused institutions to clean up their internal controls and financial statements before the cash (and thus contributing to it), it might make some sense. This individual still isn't buying the smell however.
The simple man looks for the simple explanation. Or, even when dealing with complex issues, a prudent smart man should apply Occam's razor and look for the simplest solution, and even more so when the situation is complex and multifaceted. That said, there are too many variables to truly know whether or not banks and financial institutions have been properly recording earnings through the muddy waters of the current Great Recession. But just looking at the sheer numbers (lack thereof must be my favorite words today), one would think that as this recession wears on, and companies "come clean" to their investors, we would see those numbers rise to attest to some level of reliability in the financial reporting.
Until these things occur with enough saturation, banks and other companies will continue to carry their investments at mark to fiction. Even as an accountant who is supposed to play that game, something is very morally wrong with the basis of this story.
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