Friday, March 28, 2008

Oh, how cute, she sleeps with her gun under her pillow too.

Cell Phone Pic Friday's is back after a one week hiatus. And it does not disappoint!

Filet Mignon, done right. Sumtin bout raw meat hitting a open flame.
Gives me a bit of a chubby when I think of it actually.














Sopresseta, Ham, Fresh Mozz on a hero. Word.













I have a terrible feeling if I needed this device it would fail.















Nothing but Chinese people on the rails.
The alien sleeping on the right was scary and filthy.














The Big Board at Reynaldo's 2008 Baseball Fantasy draft @ the Salty dog bar.
I like my team.

Wednesday, March 26, 2008

I'm tapped out Marv. American Express' got a hit man lookin' for me

Picture this.

Take the population of a large US City. Imagine those people going to the same bank, at the same time, to withdraw money. What would you think happens next? If you guessed that the bank would run out of money you are today's grand winner.

The above scenario is exactly what happened to Bear Stearns.
Well, in easy terms that is what happened. In a more detailed financial terminology read on.

Bear invested a great deal in subprime mortages and mortgage backed securities. Too things alike. Maybe a little too much. After it's two biggest hedge funds hemorrhaged they were forced to bail them out with a huge loan up to 3.2 billion. The hedge funds lost everything and were subsequently shut down. Jobs were lost, people sued. The firm lost 61% of their profits starting a chain reaction of bad news from that point on (S&P cut their ratings, liquidity questions, write-downs, etc). After writing down 1.2billion in subprime losses Bear reported a loss in the fourth quarter for the first time EVER. Just about three weeks ago liquidity issues dogged them to the point where every loan Bear had taken out were being called back for payment (my bank example). Bear went from having a cash reserve of 18 billion on Tuesday to Zero on Friday.

In steps in the Federal Government. The Fed was due to open up lending to brokerage firms and investment banks to prevent this from happening but weren't planning on doing so until March 28th. Bear needed it now. Jp Morgan Chase came to the fed to act as a liaison (banks can use the Fed window whenever) between Bear and themselves. From that a takeover bid was drawn up after Jp Morgan rescued them with a 28 day emergency loan. Initially the bank offered them $2 a share in a all-stock deal but that was rebuffed, and rightfully so, and changed to $10 a share. Still peanuts for a top 5 firm that had it's stock trading above $100 most of 2007. Either way it was a sad demise for a financial institution that has been standing for the past 85 years. This story is not over.

Personally, I hope the employees end up gaining something in all of this but it's hard to realistically think they will. Most takeover bids result in massive layoffs. Imagine being at a place 20+ years and saving money in a 401K, and imagine you own company stock or get paid in stock options. Imagine going to bed one day with a cool million in the bank to retire with and waking up with a not so cool hundred thousand that you'll use the first couple months of retirement. Sad.

Monday, March 24, 2008

He knew the risks, he didn't have to be there. It rains... you get wet

So mom was here....dropped her off at the airport on Sunday morning.
Me and Mom have had an up and down relationship but now it seems as if we are cool.
She was a great mother for the first 15 years of my life. Then Pops died and let's just say people grieve in their own way. Her way was counter productive to parenting skills for a teenager.
WATER under the bridge as they say.

I'm a better man for it. Had to grow up alot quicker than most kids.
Selling weed helped of course. But hey a entrepenuer is a entrepenuer no matter what your entrepenauring. If that makes sense. Maybe If I had some direction in my life I wouldn't have been selling weed. No blame though.

Life is a long winding road, a marathon if you will. Life is the opposite of short. I hate that saying. Life is short for a bumble bee not a human. I think the only living creature that lives longer than a human is a tortoise. I did not look that up but believe it's true.

Things get in your way, you gotta duck and move. You need your head on a swivel at all times. If life were short I should be dead.

So Easter was nice. Here are some pics.
One of my favorite wines in the world.














Leg of Lamb on the grill.





Wednesday, March 19, 2008

Seeing a man die isn't enough for you, you gotta be close enough to smell his nuts cook?

I'm so busy at work it's a crime. I got so much shit to say too. Sucks.
I lie and bed thinking of things and I want to get them on paper (blog).
But by the time comes around I don't have the time.

Whining is fun.

Either way here's a couple of thoughts.

Broken leg of lamb on Sunday. Grilled, 2 hours, 250 degrees.
Rosemary, Garlic, Lemon, Salt, Pepper, Olive Oil, pinch of Parsley.
Magnifico.

Bear Stearns. I'll have a lengthy post on this shortly. Still trying to wrap my head around it.

Barack, Barack, Barack. Too many issues concercing religion and race. I'm afraid you just won't make it. McCain 2008! Cuz Hillary wouldn't win a pretty pig contest even if all three judges were Porky, Ms. Piggy, & Wilbur.

My baseball fantasy draft is tonight. I'm pumped.

I'm off til Monday. Hooray.

Olive Garden sucks ass. And you all know it.
Rev back me on this. The food is terrible and not even authentic Italian cusine.

Anal Fissures sound terrible.

George Carlin's new stand act on HBO is funny, as usual.

Happy Easter if I don't hear from you cats.

Friday, March 14, 2008

How did I fail women's studies? I love bitches!

This used to be my playground......


My schoolyard. P.S 238, I have fond memories.
I knew every nook and cranny bout this school. Went there from K-8th grade.
It was a rare, most schools go K-5 then you go to a junior high school but not this one.

Monday, March 10, 2008

Freedom is not free, that it comes with the highest of sacrifices. The price of blood.

I like it when people bust they ass on black ice.

To answer Los, Trop is solid now. However the WEST Tower is atrocious. Try and avoid it.
Stay in the new Havana one if you can.

Moving on....

Where the fuck is our government? I mean the economy is in SHAMBLES and all he (they) can say is let's wait for the stimulus package to work. Um dude(s). That's like $1200 MAX. Unless the stimulus package is in Euros it's worthless. OK so I get free rent for one month. Whipty Damn Do. I'll tell you one place I ain't going with that $1200, the mall.
So you'll get no stimulus from me.

And for you oil leeches out there. Let me tell you something. The world has plenty of oil. It should not be $3.50 a gallon with the possibility of $4.00 for the summer months. It just should not. How can the government allow this price gauging to continue? It has to be regulated somewhere along the (pipe)line.

You guys should read up on our new president, McCain. His POW story is fucking crazy.

Locally our Tap water supply is filled with RX drugs. So there's that.

Cafeteria food is usually not good. I wonder why. Maybe they buy inferior ingredients.

I've got everyone hooked on Nerds Jelly beans. They should send me some freebies.

Al Gore was exposed as a fraud. Excellent news.

Friday, March 07, 2008

I may already be dead, just not typed.

Chinese people love carrying shit in red bags.















The fountain in Tropicana.














A boob.













Monday, March 03, 2008

I feel like Buckner walking back into Shea

AC round up:

Gambling.
Drinking.
Partying.

All executed excessively.

$500
Screwdrivers
#28, #33, #10 in Roulette
Jack Daniels
Grey Goose
Scotch
Dancing
Hip-Hop music
Free breakfast
Cafe Roma
No Limit Texas Hold Em
Ace, Jack suited
The Queens
Cowboys
Pocket Rockets
Linh crushed me in Blackjack
Three card poker
Monopoly nickel slots
26,176 pennies = $261.76
Coffee, soda, tea
Whiskey Sour
Complimentary
New shoes
The Mall at Ceasars?
Free
Jitney
58th floor
Cigarettes
hoochies
Carmine's
Peroni
feathered chicken wings
henieken pitchers
rain storm
fake winnie pooh blanket
gelato
taxi

i think that covers everything.