Sunday Morning Mimosa
JM, Candy Aisle, 7-11, 1.10.08 / click to enlarge
Joseph Mailander a guy in la • elsewhere • email
Wordwatch: Jeremiad. It's bound to pop up this week in the fishwraps to discuss State budget predictions.
You know you have a crazy State budget on your hands when you hear more hopeful talk about it in prisons than on your local editorial pages. Consider this Sacto Bee lede:
The first is a heroin dealer, the second a drunken driver, the third a former prescription drug and methamphetamine addict.
Right now, they're doing time at Folsom State Prison. But if Gov. Arnold Schwarzenegger's early-release plan becomes law, the three will head home to their old neighborhoods in Stockton, Sacramento and Pollock Pines a little sooner rather than later...
Similarly, our own former fishwrap of record slanted the budget case toward Armageddon and away from exhuberence yesterday. Listen to this one: "The state's ability to protect children, renters, workers and the elderly as well as California's wildlife and its land would be impeded under Gov. Arnold Schwarzenegger's proposals for closing a $14.5-billion deficit, state agency reports show."
Children, renters, workers, the elderly---at risk! But did the fishwrap include the specific name of a single one of these reports? Nah. We are supposed to take their authority from the fact that they were submitted by the agencies most affected by the prospective cuts. Agencies that collect cash from the State on behalf of serving children, renters, workers, and the elderly.
In Evan Halper's piece, "Ambition, reality at odds in gov's budget" Schwarzenegger's budget comes off as conflicted with his own previous hopes for the State.
The State's non-special budget is about half education expenditure, and predictably, here's a guy who's on the LAUSD's Construction Bond Citizen's Oversight Committee (I'll say there's some oversight going on) who's providing "talking points" for opposing any cuts to educational spending.
Meanwhile, in our own humble pueblo, Mike Feuer is clearing the way for---taxes. He wants to bring a bill to the Assembly to make it easier for cities and counties to raise taxes for roads.
And Zev, who doesn't get a vote---he wants a temporary sales tax hike, as the Daily News reported Friday.
Labels: a guy in la, arnold schwarzenegger, California State Assembly, los angeles politics
Posted by Joseph F. Mailander @ 1/13/2008 01:00:00 AM
55 Comments:
Prisoners 'to be chipped like dogs'-
Hi-tech 'satellite' tagging planned in order to create more space in jails-
Civil rights groups and probation officers furious at 'degrading' scheme-
Ministers are planning to implant "machine-readable" microchips under the skin of thousands of offenders as part of an expansion of the electronic tagging scheme that would create more space in British jails.
http://news.independent.co.uk/uk/politics/article3333852.ece
http://news.independent.co.uk/uk/politics/article
3333852.ece
Gleam in gold investors' eyes hints at mania
Surging price tops $900, helped by talk of Fed rate cut
Saturday, January 12, 2008 3:02 AM By Stevenson Jacobs Associated Press
The price of gold is skyrocketing thanks to investors' desire for a haven amid recession fears and global instability, plus a weak dollar and rising prices of other commodities such as oil.
NEW YORK -- Gold futures briefly rose above $900 an ounce -- a record -- before pulling back yesterday as growing worries of a U.S. recession prompted uneasy investors to keep buying the precious metal. An ounce of gold for February delivery on the New York Mercantile Exchange jumped $6.50 to $900.10 in morning trading, a psychologically important milestone. The price of the precious metal later fell on profit-taking but still ended $4.10 higher at $897.70 an ounce, a record for a closing price. Gold set a trading a record of $897.30 on Thursday. "It's a reflection of market sentiment: Gold is a hedge against uncertainty, and right now it's the best bet," said Carlos Sanchez, a precious-metals analyst at CPM Group in New York. "None of the other investment options look that great, and gold does. "Still, when adjusted for inflation, gold remains well below its all-time high. An ounce of gold at $875 in 1980 would be worth $2,115 to $2,200 today. Gold has had a meteoric rise in the past year -- rising nearly 32 percent in 2007 -- boosted by a falling dollar, rising prices for oil and other commodities, and increased Middle East instability. Those trends have increased the metal's appeal as a haven: Gold is seen as a safe investment in times of political and economic uncertainty around the world. Also driving gold higher was Federal Reserve Chairman Ben Bernanke's pledge Thursday to cut interest rates to boost the economy, which some fear may be sliding toward recession amid turmoil in the housing and credit markets. Lower interest rates tend to depress a country's currency and drive investors to shift funds to hard assets such as gold. A cheap dollar can make commodities more attractive as an alternative investment, and also can increase demand among foreign buyers as their currencies gain strength. "Concerns of a recession will keep pushing up gold prices," Sanchez said. "Depending upon what happens in the economy and in the Middle East, we could see gold testing $1,000 an ounce, maybe even this quarter." Hedge and pension funds, along with other long-term investors, also flocked to gold as the U.S. mortgage and credit crisis intensified. "The funds are really heavily at play ... The momentum with gold is almost like mania. We keep wondering how high it will go," said Jon Nadler, an analyst with Kitco Bullion Dealers in Montreal. Investors looking to get in on the gold rush can expect volatility for the rest of the year, said Nadler, whose firm forecasts a trading range of $750 to $950 an ounce. The steep rise in precious metals also will mean that consumers in the United States -- the biggest buyer of gold after India -- can expect to pay higher prices for gold earrings, bracelets and other jewelry. "People are going to feel that sticker shock when they go down 5th Avenue," Nadler said. "You'll start seeing the increase reflected as early as Valentine's Day."
Who is this clown antiago aka don quixote aka don quackers who is posing all these stupid comments which have nothing to do with the L.A. politics.
Does Zuma have a new friend??
Is santiago lonely and desperately seeking attention and a cyber buddy.
Stay tuned and let's see what happens.
Great comments santigao, iwas admiring the reading list on your profile.
I was wondering who is your favorite chinese philosopher from the ming dynasty.
Santiago I am buying gold as we speak, thanks again for all the great comments you have been posting on this blog, great, fantastic, wonderful, marvelous, excellent, insightful, and just plain awesome.
Santiago,
Great comments as usual keep up the great work, I hate reading JOe M. comments, but you have rescuded this blog from the graps of the blogging burros.
Congratulations Santiago !!!!!
The Price Is Right game show temporarily moved to ABU DHABI in the United Arab Emirates for a weeks worth of taping. And it's first contestant is our very own President, George W. Bush.
http://www.msnbc.msn.com/id/22631917/
Follow the link above, and in the picture George Bush is seen with United Arab Emirates President Sheik Khalifa bin Zayed Al Nahyan who is acting as host for The Price Is Right. In the picture President Bush has just been told for a second time, that there is no door number four.
Orale Santiago,
Putting it down on Mayor Sam's blog ese. You are a firme and smart veterano ese. Orale homes catch you on Whittier blvd cruising in your firme lowrider.
I have lots of gold on the rims of my low rider. lol
This comment has been removed by the author.
Orale Santiago,
That was a funny post about George Bush and the price is right. The pinche gavachos and republicans are some corrupt assholes, "u member" Sheriff Carona.
The arabs better watch out for that sneaky gavacho George W. Bush that vato will steal your oil if you turn your back.
Santiago I have lots of gold on the rims of my lowrider !!!!
Mr. Culo said...
Santiago,
That is pretty damn funny about the president going on the price is right. lol
January 13, 2008 5:20 AM
WHY THANK YOU MR. CULO.
HAVE YOURSELF AND THE LITTLE MRS. A MERRY LITTLE XMAS.
don quixote said...
Hey by the way who will play the part in the Movie (scheduled for 2009) "President GW Bush, Mission Accomplished"?
Produced and financed by "The Reverend Moon, The Afghanistan Growers Cartel er Association, Dubai Royal Family Ent.Inc., and the late Kenneth "Kenny Baby" Lay".
To be filmed by Blackwater Inc in Uruguay and The New Orleans.
GW will be played as a youth by Eddie Haskell (from leave it to beaver fame), as a young adult by Mitt Romney,
First term President by Alfred E. "what me worry!" Newman, and second term President by a shaky, beer bellied Don Knotts.
I can hardly wait for 2009 and the movie!
CNN POLL: C-C-CLINTON OR OBAMA WOULD BEAT ANY REPUBLICAN.
4:09-5:36,
I know you think that you are on a clever roll, but it is coming off as something else.
I'm a little bit concerned about you in the same way I am concerned about Britney.
Despite whatever intentions you may be having, or whatever goal you may think you are accomplishing -- you are sending signals to others that you have really unraveled.
It's the difference between the attention Britney was getting from the paparazzi when she was walking red carpets, and the attention she is getting these days.
OK-OK, by popular demand and because everyone is sleeping and I have to be out pronto, I'm putting the link to Mel Carter's exquisite and ravishing beautiful song, HOLD ME, THRILL ME, KISS ME - albeit from an 80's video. Couldn't find his 2007 PBS appearance.
http://www.youtube.com/watch?v=GeXHOEaH98E
4:09-5:36,
I know ya th'o't dat ya iz on uh clever roll, but it iz coming off as sumfin else.
I'm uh little bit concerned about ya in da same way I be concerned about Britney.
Despite whatever intentions ya may be havin', or whatever goal ya may th'o't ya iz accomplishing -- ya iz sending signals ta others dat ya gots really unraveled.
It'sda difference between da attention Britney wuz getting from da paparazzi when she wuz walking red carpets, an' da attention she iz getting deez days.
w0rd!
Santiago povides this scary info,
"Still, when adjusted for inflation, gold remains well below its all-time high. An ounce of gold at $875 in 1980 would be worth $2,115 to $2,200 today."
Now what the hell does this say about the value of the US Dollar?
Hmmmm maybe it means get rid of them as fast as possible. I recall some years back when in Argentina the money became so worthless people were buying anything tangible like old pianos, kitchen appliances, a partridge in a pear tree.
The Chinese would probably just step in and buy everything that's left for sale in the USA, (being that they've made a fortune selling us everything we consume except the fortune cookies in take out), but they probably now hold more US DOllars than the US Public does.
So when the Governator Ahnold is demanding both budget cuts and lower taxes it just might make sense in light of our current ecomomic situation.
The Chinese are holding all our dollars! There ain't no more to go around until the US Treasury goes on overtime and starts printing more Trillions of Dollars.
PS; Rumor has it that the US Dollar is so worthless that the North Koreans and the Russian Mafia won't waste the time and materials to counterfit them anymore. They are now concentrating on Euro Dollars and the Mexican Peso!
Excuse me now while I go have some menudo.
Well, somebody's figured out how to kill this blog.
Will someone please tell Janice Hahn to stop making an ass of herself. Daily Breeze
...Sgt. Kevin McCloskey will not be disciplined for pushing Azteca America reporter Alicia Unger into the 20-foot steel container following an Aug. 3 news conference held by Los Angeles Mayor Antonio Villaraigosa, Boyd said..Councilwoman Janice Hahn said that Port Police officers should not be used to protect the mayor and that the incident underscores a need for more officer training. "I love my Port Police and I know this officer, but I do think he acted a little aggressively," said Hahn, whose 15th District includes the Port of Los Angeles.
"Overall," she said, "we need a better policy in place on how law enforcement deals with the media, especially poor, defenseless women who are only armed with a microphone."
I HOPE PEOPLE PAY ATTENTION TO DON QUIOTE'S 7:24 AM POST IF THEY INVEST!
ZD echos-echos-echos the sentiments because DQ ain't the only one saying this. But I wonder how DQ does all this research on so many topics? Must read a lot and be one of those "A" student geeks, or something!
Between DQ and Big Joe, LAUSD didn't do such a bad job!
Thanks Z Dogg! And a proud product of the LAUSD I am, Lincoln High School where I graduated? in grade number 10 to Camp 4 Kenyon Scudder after completing my thesis in the science of "Dick and Jane".
People must teach themselves the truth! It will set you free
Santiago, I think you need to be reeled in a little bit. I don't care what you do on other people's threads, but going forward, when you post on mine, either provide some relevant local news and links, or stay on the topic of the post---or I'll start deleting, maybe even blocking. Fair warning?
MAYOR SAM....
EITHER GET RID OF THE TWO TROLLS, SANTIAGO AND DON CUOLO...OR YOU WILL LOSE READERS. THAT'S EXACTLY WHAT THESE TWO ASSHOLES WANT...
HOW MUCH LONGER ARE YOU GOING TO ALLOW THIS CRAP?????
I THINK IT'S ONE GUY CARRYING ON A TWO WAY CONVERSATION WITH HIMSELF...OBVIOUSLY A VERY DISTURBED CREATURE!
WHAT A WASTE OF BAND WIDTH!!!
If my hunch is correct, then the antics of Santiago, Don Culo, Don Quixote may led to a certain floor between two and four.
Are surrogates of Huizar and Villar engage in a Watergate style dirty tricks campaign against this blog?
If I read one more stupid piece of investment advice from you idiots I'm going to GAG!!
Joseph:
Where does Feuer say its for roads? I believe the purpose of his bill, ACA 10, is to lower the almost unattainable threshold of 66% to the more democratic 55% for local governments for transportation projects (just like the education bill several years ago).
There is no new room for "roads" in Los Angeles County --- So it would probably be for projects such as a "subway to the sea", the "Expo" project, a 405 mass transit project and other transportation projects needed to move people here in LA.
Stop being a bitch about "taxes for roads" and learn to read.
I believe the purpose of his bill, ACA 10, is to lower the almost unattainable threshold of 66% to the more democratic 55% for local governments for transportation projects (just like the education bill several years ago).
There is no new room for "roads" in Los Angeles County --- So it would probably be for projects such as a "subway to the sea", the "Expo" project, a 405 mass transit project and other transportation projects needed to move people here in LA.
Stop being a bitch about "taxes for roads" and learn to read.
I can read, Feuer-cubicle-staffer, and this is a very slippery slope. The would-be "wransportation exception meas this: every time someone in Bel Air wants better roads---or even if someone like Nate Holden wants to widen Venice so that he can get to the Marina faster, as happened in the early nineties---someone can put a Parke Skelton Special bad faith "bond" on the ballot, so that the homeowners of San Pedro and Westchester can pay for road maintenance for the people on the hills if this thing passes, because 55% of the voters will vote based on Prop title alone.
And because the homeowner-renter ratio in LA is so abysmal---dead last out of top twenty American cities---no voters will care, because they don't perceive themselves to be paying for these taxes.
This particular bad faith City Council, the worst on record, would tax the homeowners of the City of Los Angeles right out of there homes already, even without lowering the bar for transportation. And Feuer wants to make it even worse by lowering the bar. Give me a break.
joseph mailander said ...
stay on the topic of the post---or I'll start deleting, maybe even blocking. Fair warning?
Oh thank god. Joseph Mailander, you are my hero.
mr. mailander,
I like the picture you took of the candy. My favorite is skittles.
xo
caroline
You say the paper slanted the budget case away from exhuberance yesterday. Are you saying you felt exhuberant about California's $ state, that you think we all should be, or am I misunderstanding you? Because I find it totally depressing.
JM, I'm with LA woman, what are you talking about? I understand I'm not the sharpest knife in the drawer but after reading your post and comments more than a couple of times I still can't get a handle on your "argument"? or what your trying to say or if you even have a point.
You have repremanded Santiago about staying on topic and being true to your post but at least he has a sense of humor and brightens my day, on the other hand after getting up early and seeing the title of your blog "Sunday AM Mimosa" I followed your tip and had two or three, then I read this post up of yours two or three times and got such a bad headache I took a vicodin. zzzzzzzzzzzzzzzz!
Don Quixote,
Great post about the value of gold and the dollar. I am going to buy an extra set of gold rims for my low-rider and some mota.
There is nothing better than a bowl of menudo on sunday mornings.
We have not seen that bitter baboso BITH, que bueno.
Clarity seeker that Santiago is berry essmart and damn funy. hahahahaheheheheh.
L.A. Woman has a hang-over and needs a bowl of menudo hahahahhehehe
Joe M,
Don't censor Don Quixote or Santiago, love reading his comments and great jokes. He has me rolling on the floor.
Besides Don Quixote and Santiago are Zuma new best friends.
JM, I'm with LA woman, what are you talking about? I understand I'm not the sharpest knife in the drawer but after reading your post and comments more than a couple of times I still can't get a handle on your "argument"? or what your trying to say or if you even have a point.
My argument is that the budget cuts to the State should not be a surprise after witnessing the kind of largely unwarranted exhuberance accomplished by the first three budgets Arnold signed into law. That is what is meant by my stance that the article was slanted away from exhuberance. They are amplifying the effect and turning their backs on the cause.
Arnold and the Dems together have both winked at each other and spent like drunken sailors; now there's a budget problem. What a shock!
Even so, this isn't Armageddon either, as the agencies are claiming and the fishwraps are too. The State of California, for instance, could get along just find without a single housing development program. It could close a whole prision and still have a prison complex that would only be rivaled by the Gulag in scope.
And K-12 education is by far the largest part of the budget. If the Governor wants the kind of health care he's proposed, and cuts are to be made somewhere, then K-12 education must absorb the largest percentage of cuts.
So that's what I mean by the fishwraps turning away from exhuberence. There's been exhuberence, which led to this point---and even with the current health plan, exhuberence still lives, even in this budget. But instead of talking about that budget exhuberence, the fishwraps are falling for the State Agencies "Armageddon" scenarios.
don culo,santiago,don q.= same person all = ATTENTION WHORES!!!!
JM thanks for the follow up, I think I now understand the point you were trying to make.
From now on I'll hold off on your persuasive "Mimosa in AM" suggestion until I finish the paper and the blogs
anonymouse whines:
don culo,santiago,don q.= same person all = ATTENTION WHORES!!!!
..................................
I think this wackadoodle needs to take his meds quick. I don't know what motivates this anonymouse but his accusations that somehow I "don quixote" am someone else is a syptom of his sickness.
I don't have the time or the energy to be anyone else but thanks for the vote of confidence.
This sick anonymouse should step up to the plate and identify his own measly self before he starts calling people whores and other personal epithets on the internet where someone doesn't have the opportunity to respond to this knucklehead and give him the ghetto beating he would surely receive if he had the balls to identify his miserable self.
He is obviously suffering from a psychotic malady refered to as
"donquixotephobia"
PS Good Sirs if you would kindly allow me to respond to anonymouse's cowardly epithet directed towards my person I would say to his face
"Your mothers a whore you punk ass"
Thank you that feels much better
dq
.-.-.=\-. Mary
(_)=='(_)
don culo,santiago,bad betty,anonymouse,l.a.woman, don q. tony rafaels= same person
all
=
.-.-.=\-. Mary
(_)=='(_)
Gleam in gold investors' eyes hints at mania
Surging price tops $900, helped by talk of Fed rate cut
Saturday, January 12, 2008 3:02 AM By Stevenson Jacobs Associated Press
The price of gold is skyrocketing thanks to investors' desire for a haven amid recession fears and global instability, plus a weak dollar and rising prices of other commodities such as oil.
NEW YORK -- Gold futures briefly rose above $900 an ounce -- a record -- before pulling back yesterday as growing worries of a U.S. recession prompted uneasy investors to keep buying the precious metal. An ounce of gold for February delivery on the New York Mercantile Exchange jumped $6.50 to $900.10 in morning trading, a psychologically important milestone. The price of the precious metal later fell on profit-taking but still ended $4.10 higher at $897.70 an ounce, a record for a closing price. Gold set a trading a record of $897.30 on Thursday. "It's a reflection of market sentiment: Gold is a hedge against uncertainty, and right now it's the best bet," said Carlos Sanchez, a precious-metals analyst at CPM Group in New York. "None of the other investment options look that great, and gold does. "Still, when adjusted for inflation, gold remains well below its all-time high. An ounce of gold at $875 in 1980 would be worth $2,115 to $2,200 today. Gold has had a meteoric rise in the past year -- rising nearly 32 percent in 2007 -- boosted by a falling dollar, rising prices for oil and other commodities, and increased Middle East instability. Those trends have increased the metal's appeal as a haven: Gold is seen as a safe investment in times of political and economic uncertainty around the world. Also driving gold higher was Federal Reserve Chairman Ben Bernanke's pledge Thursday to cut interest rates to boost the economy, which some fear may be sliding toward recession amid turmoil in the housing and credit markets. Lower interest rates tend to depress a country's currency and drive investors to shift funds to hard assets such as gold. A cheap dollar can make commodities more attractive as an alternative investment, and also can increase demand among foreign buyers as their currencies gain strength. "Concerns of a recession will keep pushing up gold prices," Sanchez said. "Depending upon what happens in the economy and in the Middle East, we could see gold testing $1,000 an ounce, maybe even this quarter." Hedge and pension funds, along with other long-term investors, also flocked to gold as the U.S. mortgage and credit crisis intensified. "The funds are really heavily at play ... The momentum with gold is almost like mania. We keep wondering how high it will go," said Jon Nadler, an analyst with Kitco Bullion Dealers in Montreal. Investors looking to get in on the gold rush can expect volatility for the rest of the year, said Nadler, whose firm forecasts a trading range of $750 to $950 an ounce. The steep rise in precious metals also will mean that consumers in the United States -- the biggest buyer of gold after India -- can expect to pay higher prices for gold earrings, bracelets and other jewelry. "People are going to feel that sticker shock when they go down 5th Avenue," Nadler said. "You'll start seeing the increase reflected as early as Valentine's Day."
don q =s Aaaaaaa ttention WHORE!!!!
Joseph:
Using a "slippery slope" argument shows your ignorance and/or lack of knowledge of the fallacies of the slippery slope.
Or are you just in favor of traffic, pollution and a lack of time?
Clarity seeker...
Keep on seeking. It ain't happening for you here.
Don Quixote writes...........
I think this wackadoodle needs to take his meds quick. I don't know what motivates this anonymouse but his accusations that somehow I "don quixote" am someone else is a syptom of his sickness.
I don't have the time or the energy to be anyone else but thanks for the vote of confidence.
**************************
Orale Don Q. don't take no shit from anoy-mouse. He is a whining stupid gavacho, I always have your back ese. Keep thrucha ese, anonymouse is a sneaky bastard.
LAUSD dropout,
A-N-O-N-Y-M-O-U-S.
No E.
Why doesn't Santiago and Don Culo start their own damn blog. Posting repeatedly making no sense is wasting space here.
How come anonymouse/don culo won't get the free brain transplant?
Slovenia will provide it for free.
don q ,santiago,don culo = all the same people
=all ATTENTION WHORES!!!!
you need to go back to mexico were scum like you belong!!
anonymouse/don culo
Slovenia just announced they cannot do the brain transplant on you due to the small, cretin like skull you posses, they are now trying to locate a donor gerbil.
get your bags packed!
.-.-.=\-. Mary
(_)=='(_)
ITH schizos/barf in your hat/
Tony Rafaels's ID hacked from the
sms l.a.w off the rails
stay tuned for more shits+giggles
from
_
.-.-.=\-. Mary
(_)=='(_) Realriders.com
.-.-.=\-.
(_)=='(_)
What the hell is this? Is this some secret signature, like secret handshake? What is that garbled mess?
the bottom line looks like a horse with its hooves over a gate.
What would Freud say?
What would Freud say?
'
'
'
for this?
.-.-.=\-. Mary
(_)=='(_) Realriders.com
'
'
'
'
Um "Hello Mammary. Great stripes."
OUTTA HERE WITH U LIL GANGSTER KNOWLEGE. BARF, SANTIAGO AND DOWN, I BEEN TOLD YALL SHE WAS SETTING YOU ALL UP! THATS YOUR GANGSTERS YOU LOVE! WALLY AINT WITH U. STOP STEALIN WALLYS SHIT SO WHO R U SKANKIE CALI BITCH.
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