American Ponzi

Ponzi Scheme - A Ponzi scheme is a fraudulent investment operation that pays returns to its investors by using the investors' own money or the money paid in by subsequent investors. There is no legitimate business operation or any actual profit earned by the individual or organization running the operation.

Ponzi Schemes are often uncovered and/or collapse when there are not enough new investors or existing investments to pay returns to the investors (Bernie Madoff was discovered this way).

Question: What is the difference between a Ponzi scheme and the Social Security System of the United States of America?

Question: Is the downgrade of US bonds from AAA to AA+ an indication of increasing doubt that the US Government has enough investments to pay returns to its investors?

Question: If the external debt of the USA is $13.98 trillion (as of June 30, 2010), and the US GDP is $14.66 trillion (2010 est.), is that not proof that there is not enough money in this entire country to pay returns to investors? (ref. CIA world factbook)

The big question: What happens when the global economy is heavily invested in a Ponzi scheme that collapses?

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Thanks A&Y!

Hindsight

I find it an interesting thought that if someone had said 10 years ago, "In 10 years, Barack Hussein Obama will order the assassination of Osama Bin Ladin.", most people would have had no idea who either of these people were and would have assumed that this was some regional dispute in the Middle East.

No hidden meaning in any of this. I just find it to be an interesting fact.

Boat

I finally bought a boat (with a motor). Hope to be on the water this weekend.

LSU WINS COTTON BOWL!

CONGRATULATIONS TIGERS!!!

Pecan Island Hunt

Went duck hunting in Pecan Island yesterday. Marsh hunting is always fun and usually productive. 14 ducks total made for a good day. Might cook a few wild ducks for Christmas.

Merry Christmas!

Vote

Unless you are voting Democrat, in which case you should stay home.

Heading Out

Last June at Chicot State Park.

Obama: Fatherhood Begins at Conception

Long time no post!

All the (oilfield) land work and shelf (near shore) work is drying up but deep water work is still alive and kicking me square in the gut. All things considered, I'd rather be an overloaded oilfield worker with no time to update my blog, than an unemployed GM or Chrysler hand.

Anyway, I checked some other blogs for the first time in quite a while and I found this over at AmP.



I thought it was pretty dern'd good so I shamelessly copied it and put it on my blog.

My Obama Album Cover

I'm not sure what Rage Against the Machine would think about my version of their album cover. I though it was appropriate given the fact that B. Hussein Obama's first order of business has been to expand state funded abortion and embryonic stem cell research in every way possible, to the maximum extent possible and as quickly as possible. I'm sure he'll get to that whole "crashing economy" thing in due time. First things first.

Blue Bell Mardi Gras Flavored Ice Cream

Blue Bell is now selling it's seasonal "Mardi Gras" flavored ice cream. If you haven't tried it yet I can tell you it's good. They've managed to capture the essence of Mardi Gras in an ice cream. It's purple with green and gold accents and it tastes like liquor!

Paging Mr. Kmiec...

Has anyone heard from Doug Kmiec since his idol was elected president? Last I heard he was complaining about the Catholic blogosphere in this Commonweal article. It's a VERY lengthy article considering the subject matter. Feel free to follow the link if you care to read Doug "Polonius" Kmiec's version. "Therefore, since brevity is the soul of wit," I'll summarize:

Poor me. I'm Doug Kmiec. I endorsed the most pro-abortion political candidate ever and now the conservative blogosphere is attacking me. LOOK AT MEEEEEEE, president Obama! I gave big time political cover to you and all the CINO's (Catholics In Name Only) and helped deliver 54% of the Catholic Vote! I even wrote an entire book on the subject! I'm certainly not suggesting that you owe me anything for my enormous contribution to your victory, even though I've completely sacrificed myself upon your alter of political power. I mean, I've been praying about being ambassador to the Holy See and everything, but you do whatever your conscience tells you to do. If you need me, I'll just be up here bleeding on this big political cross, slowly dying for you and quietly suffering the buffeting and spitting of the low class Catholic blogosphere.

I really would like to hear what Doug has to say about his beloved president B-Rock giving away millions upon millions of dollars to foreign abortion mills within the first week of his most glorious imperial reign. That must have been REALLY important to B-Rock. Killing children is now, officially, the first and most important industrial export of his administration.

Doug, had sooooooo much to say during the campaign. Where is he now? Did I miss his public reaction to the president's global death sentence?

Doug? Hellooooooooo Doug! Are you there?

I would like to know when Doug thinks we'll see all of those "proportionate reasons" he spoke of which somehow balance out the holocaust he has now instantaneously expanded . Where's the end to the war in Iraq? An end to poverty? Support for the average family (except, of course, it's unborn members). An end to pollution? A chicken in every pot? Something? Anything?

You out there, Doug? Come in... Come in...

(Seriously, if he's responded to this publicly I'd like to know.)

New Baby!

Our little Genevieve was born the past Saturday! Momma's fine, baby fine and the girls love their new sister like crazy!

Excellent Pro-Life Ad

Hat tip to GetReligion.org and AmP...

Baby on the Way

My wife is due on the 25th so we'll have a new addition to the family any day now. Keep us in your prayers.

SAZERAC ME!

My wife and I had our last date night out for a while (baby's due at the end of the month). We had a fantastic meal at Marcello's in Lafayette. I also had my first Sazerac, the first American cocktail and the official cocktail of Alcoholic Disneyland (better know as New Orleans, La.). A very nice drink indeed. If you haven't tried one yet I highly recommend it. If you decide to have a second one you may want to have a designated driver handy 'cause it's mostly rye whiskey.



Incidentally, the J Pinot Gris I chased it with was quite tasty also.

I'm going to bed now.

More Ducks

Not much posting lately due to the following:

1) Work has gotten much more hectic.

2) My home computer takes longer to boot up than the amount of patience I have available for booting up computers.

3) Wife is pregnant (if I need to explain this you are obviously not married and/or have no children).

Hopefully I will be able to post more soon.

I did manage to go hunting this past Sunday with some friends of mine in Pecan Island. It turned out to be one of the most successful hunts I've had in a couple of years. A total of 23 ducks taken (1 shy of a limit for the four of us). The strange thing was, almost all of the ducks were blue wing teal. Blue wings usually migrate early (like in September). I've rarely seen any blue wing teal past the first week or two into the regular season, much less double digit numbers in late December. Very strange but fun nonetheless!

Duck Hunting is More Than Just Killing Ducks

If your enjoyment of duck hunting is solely dependent upon the number of ducks killed during a given outing, you are missing quite a bit of the total experience.

Exhibit A:

Bonehead Criminals

I love this story.

Two pennsylvania natives are behind bars, accused of robbing the Pecan Island Food Store Sunday.

Eric Larocco and Amanda Matusick were both booked on armed robbery charges. In addition, they were charged with shoplifting and possession of drug paraphernalia.

When the store owner found out he was robbed, he contacted a Sherriff's Deputy and asked all the bridges be raised to prevent the robbers from leaving the area. The two were stuck on the island and couldn't go any further once they reached the Little Prairie Bridge.

Deputies met the suspects and recovered the money and weapon. They were both arrested on the scene.

I can just picture the sheriff casually driving down the highway without even putting his lights on and rolling up behind the robbers at the drawbridge. "Yer in a heap o' trouble boy!"

Too funny.

Hunting Report 11/19/08

I went goose hunting this past Sunday in a cut bean field. I saw thousands of geese near where I was hunting but none were within gun range. I didn't see any ducks at all. That's pretty much the story I'm hearing from everyone. Very few ducks to be had. Except for one guy...



Lots of greenheads in one particular region of our state! I have a general idea of where he's hunting but I am refraining from making the information public to avoid a D-Day like invasion of the area.

I know a couple of guys who are hunting public waters by boat which is something I haven't done very much. Hopefully I'll get an invite and post another report soon.