Tag Archives: Swamp

Words From a Legend

Good morning gang, hope your celebration of America yesterday went as planned. We went to church, then literally took the day off. Edgar and I sat in a recliner and watch golf all afternoon — something I have never done before as I am not a golfer, only played five times in my life. However, it was a relaxing, enjoyable day for both of us.

I guess everyone has off today, but of course the swamp creatures never take a day off. They remain alert to attack anyone who disagrees with their agendas. But I care not to publish any of their diatribe or goings on today, but to post comments from a legend and forever hero of mine. The infamous Lou Holtz of Notre Dame. In his own words. Enjoy.

When I coached football, I’d tell my players that “life is 10% what happens to you, and 90% how you respond to it.” It was a way to get them to focus on themselves and on the things they could control – and to get them to understand that they were ultimately the authors of their own destinies.

It didn’t mean they weren’t on a team: football isn’t a game for committed individualists. It did mean, though, that when events unfolded – when they found themselves far downfield and wide open, or when they found themselves knocked flat by linemen twice their size – the measure of themselves was revealed in the very next moment.

You don’t know a player by what’s done to him. You know him by what he does.

It’s a lesson America could use now. My teams looked a lot like America – and they worked a lot like how America is supposed to work.

Every race, every ethnicity, and every point of origin was represented among our players across my career. They all had two things in common. The first was that they were passionately committed to making Notre Dame Football the country’s best – and a few times, they succeeded. The second was that each of them earned their spot. Yes, they were diverse, but the diversity wasn’t the reason for their presence. Every single player who wore the Notre Dame uniform deserved to do it.

That’s meritocracy. But why use the five-dollar word? I was born in West Virginia and raised in Ohio: out there, we just call it the American way.

There are a lot of enemies of the American way these days – right here in America. They’re men and women, mostly elites from academia and media, who would, if they could, walk into a football locker room and tell the players the exact opposite of my counsel: “life is 90% what happens to you, and 10% how you respond to it.” Then, having said that, they would probably demand to know why the team was gender imbalanced. Then, having said that, the team – now dispirited and infused with a victim mentality – would head out to the field to lose.

What’s true of a football team is true of a country. America’s promise has always been the opportunity for self-definition, self-advancement, self-creation. Where we’ve fallen short of that ideal – and we have – we’ve labored to correct ourselves. On the whole, we’ve done a pretty good job.

It’s fashionable now to lament failures in our history, but that myopic focus ignores the triumph of the present. In my lifetime alone, this country has defeated three malevolent empires, ended de jure racial segregation, and crafted a society so rich in opportunity that people from all over the world risk everything to get in.

Set against that record, unmatched anywhere, anytime, by anyone, we have the proponents of national decline and national lamentation – whether going by the name of critical-race theorists or the 1619 Project – arguing that America was flawed from the start and requires a wholesale purge of its own society before it is worth saving, or admiration.

We should be charitable to this crowd. Some of them genuinely believe the country requires a reckoning. Some of them are simply hucksters, selling books and clawing forth column inches in the timeless American tradition of media by any means. All of them, though, see themselves as on top and enriched when the reckoning comes. These aren’t radicals sacrificing for a better world: they’re power-seekers making their bid to rule with the acquiescence of a compliant elite.

That’s why we have to fight them. That’s why we have to win. When a football team believes that “life is 90% what happens to you, and 10% how you respond to it,” it loses. When a nation believes it, it ends. The stakes are that existential.

The creed set forth by the other side transforms our national life from a glorious constellation of mutual cooperation and community flourishing into a grim and zero-sum exercise of group versus group, with no winner – and many losers.

Football, I used to tell my players, is a rehearsal for life. That’s true for nearly any endeavor in which we strive and contend for the betterment of ourselves, our families and our communities. Our duty is to see that it’s a rehearsal for a triumph – not a decline. To make it happen, we must be willing to tell simple truths: among them, that no impersonal “structure” is the author of our fate, that each of us possesses the dignity and opportunity to make our own best lives, and that America is the greatest republic in the history of man.

Those used to be truisms. Today they’re radical dissents. But then, America was born in radical dissent. I couldn’t be happier to stand in that tradition. 

Originally posted 2021-07-05 12:15:03.

Mr. Mattis

Not much from the swamp lately, so  Let me post an update on my favorite general. 

I am amazed at the number of hits My Open Letter to Mr. Mattis posted on 4 June 2020 has received. Not a day goes by that I don’t get at least one hit on that post almost a year later. To date there have been 224,545 hits on that post. Wow. Where is he, what’s he doing now? Probably hiding under a rock somewhere, but I’m sure he is still getting honorariums for speaking engagements from the leftists. Oh well, at least I don’t see any thing on the media from him. I am surprised that Joe didn’t hire him for some important post in his administration like Director of Constitutional Literacy. 

Originally posted 2021-05-27 12:37:24.

Officer Tatum

Okay swamp watchers, let’s see what others think of the systemic racism the swamp keeps telling us we have in the U.S.

This video needs no introduction or comments from me. It speaks very well for itself.

 

If you do not know who Officer Tatum is, please right click on Home below and open in new window; it is safe. Quite a guy!!

Home

Originally posted 2021-04-23 11:58:21.

All Dollars and Little Sense

Good day fellow patriots and conservatives. Haven’t posted in a few days as I have been overwhelmed with tales from the swamp creatures and their devious ways. The trial is over, and as we expected he was was found guilty, albeit with Joe and the b**ch from california ( I refuse to capitalize the name of that foreign land) spouting off at the mouth there is lots of ammo for an appeal. Let’s keep praying for it to happen..

And of course the House voted to make DC a state. Oh isn’t that great two more leftist senators and one congressman for the swamp. I don’t hold out much hope from the senate to strike it down; too many leftist republicans in there. So, how will we arrange the stars in the flag?  That will be fun to watch.

From my tone you may wonder what is going on. Well at my ripe age, I refuse to get excited about what happens. Oh, don’t get me wrong. When the war comes, I shall man the lines as I have done before, and if anyone offers me a billet such as a battalion commander, I shall rise to the occasion, as I am sure you will as well.

Had lunch today with two old fellow retired colonels with whom I have served several times, but not seen them in a while — I really don’t know why since we are all retired.  Joining us was another local retired colonel and a retired captain. Of course the items of discussion was a few war stories and lots about the swamp. It’s always a good time when Marine brothers can get together — I miss that.

Okay, what’s the post? Well , as many of you know, I am an Economist by education and full time hobby. I enjoy playing in the market. Today’s post came from my old friend and contributor , Eric Maresca. As a market player I found the article interesting and a dire warning to those who do as I do. Read and learn

By Eric Maresca

The stock market bull rally that got underway after a giant fall last February and ushered in the COVID era has been relentless. Who would believe record highs were even possible after such a swift drop during a pandemic, followed by political turmoil and civil chaos.

After the Federal Reserve cut interest rates again and went on a printing spree pumping trillions into the economy through three stimulus packages, the benchmark S&P 500 and the Dow Jones Industrial Average were catapulted to virgin territory. Likewise, we are in the midst of a cryptocurrency revolution where their hourly values run like an amusement park roller coaster.

With the M1 Money supply – the amount of liquidity available for spending – also at an all-time high at $18.4 trillion, the potential for one of the biggest economic booms in U.S. history is primed.

This optimism has predicted a strong 2021 second half.

The larger concern is 2022 and beyond.

Historically, long periods of low interest rates combined with a growing federal debt is no yellow brick road to Oz. You cannot ignore the laws of physics, gravity, or economics, as the government is spending itself into oblivion. From 2010 to 2019, the aggregate GDP growth was nearly the same Uncle Sam spent in COVID stimulus.

With so much stimulus finding their way to Wall Street, stock prices have been inflated. To underscore how pricey stocks are all you have to do is to juxtapose the price-to-earnings multiple at 31.5 and the price-to-sales at 2.9. At the peak of the dot-com bubble in March 2000, the price-to-earnings ratio was 29 and the price-to-sales ratio at 2.3. In addition, the stock market capitalization-to-GDP ratio that measures markets relative to the economy that peaked in 2000 at 140%, stands today at 190%.

Can you whisper bubble? Such a pop would result in a fiscal 9/11 and catch many nascent investors napping. Many were too young to recall the dot-com bubble burst over a generation ago and will pay dearly.

As the stock market rolls along, so does the national deficit. In fact, it seems to be about the only thing that is mushrooming faster. This should concern plenty, but along the D.C. Beltway such matters are dismissed.

 Stock trading has drawn plenty of new players armed with their “stimmy.” Rather, than paying bills, buying necessities, or paying down their debts, these emerging investors have turned day trading into gamification. With success they gain confidence and buy more shares, but the market’s present trajectory won’t last. When it drops many will see it as a fire-sale opportunity.

The stock app at center stage is aptly named Robinhood having taken its namesake from the English Democrat who robbed from the rich and redistributed their wealth. In this stimulus era of Robinhood fever and GameStop, why waste time researching good companies at reasonable prices, and then waiting years for returns to compound?

Apps like Robinhood, SoFi, Webull, and Public.com can be fun, but addictive, and a bookkeeping nightmare.

Such internet trading platforms make basic tax-abating strategies difficult to implement. Buying and selling stocks by the lot can lower your tax bill by choosing which shares to sell. However, selling specific lots are difficult or impossible to do online as sales are based on a first-in-first-out (FIFO) basis, where the oldest shares are sold first.

These time-honored tactics may be the least of their concerns when the market turns because it will. Once the public buys in, time is short and the potential for disaster gains momentum. When the melt down commences, nearly everyone will lose more on the way down than they made on the way up. Melt Downs do not end quickly, but over time. If the market is one thing – it is unforgiving.

Market peaks are clear in retrospection, but not in the moment, but the warning signs are there.

Do not confuse a bull market for brains.

As the timeworn adage rings: “Markets can remain irrational longer than you can remain solvent.” That applies for booms, too.

Mot people do not have an exit plan like trailing stops that protects your gains and prevents you from losing more money. A diversified portfolio and fixed selling points is always your friend.

In my ECON 101 class the professor told a story that I have found over the years to an absolute. “Put five Economists in a room and ask them a simple question and you will always get at least six answers.” I have been trimming my portfolios for the last two months. I have more cash than I have ever had, upwards of 30% cash, and I keep building it. I have good stocks e.g., DOW down over 300 points today and my portfolio was up 1.9%. But I keep taking some profits and paring down. I believe it is coming folks; somone has to pay the bills the swamp is piling up.  Greg is talking common sense.

Originally posted 2021-04-22 17:16:31.

Bunkerville Redux

Hi Gang, so much going on it’s tough to keep up with it all. As you know I watch no TV news programming. However, I received an email from my dear friend, and fellow Marine brother this week. Dave follows the blog and he sent me the name of the news program he watches. I checked it and I like it it too. So if you are interested in a news program that gives a fair and balanced programming, check it out. David even sent me a list of where you can find it depending on your device.

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I have it on my computer and listen to it while I am doing other things, and when they are on a segment that I want to watch, I simply open it.

Okay, on to the swamp and see what these slimy devious creatures are up to, hell, one never knows do we? Anyway, my brother blogger BUNKERVILLE | God, Guns and Guts Comrades!  had a great one out today.  And here is the link, what a lot of info. Please go there and see whatr the swamp is still trying to cover up.

FBI Wray refused to discuss the death of Capitol Cop Sicknick – a repeat of Vince Foster Coverup

 

Okay something to smile about.

 

 

Originally posted 2021-03-04 12:37:49.

Conservatism