Wednesday, October 24, 2007

Amnesty


Bob Clark is going to discuss Amnesty this morning. As someone whose main concern is knowing who is here and who is coming in I have no problem with amnesty for illegal aliens after the border is closed. We the people don’t trust congress, I remember promises before, give us a tax hike now and well cut spending later, let’s pass a “comprehensive” (read amnesty) immigration bill and we’ll build the fence later. Sure pal.

At issue is the Dream Act, all illegals who go to college or serve in the military get citizenship. Anyone who serves in this country's military for at least four years should get citizenship be they illegal or not. For that matter any non-violent crime, except treason, be they misdemeanor or felony, should be considered erased by serving time in the Marine Corps. Your pay may have deductions to reimburse victims and your required years in service would be dependent on the severity of your crime but this would be a far more productive use of these individuals that truly wish to pay their debt to society, or at least clean up their act, than what the current system provides. The current system means three squares a day, satellite TV, games, recreation, health care, tutoring from other cons, etc. and then early release.

That's about the limit for me when it comes to amnesty until we at least have some handle on border security. You should not get citizenship because you have come to New Mexico to take advantage of instate tuition for illegals.

Fred says no Amnesty:
Amnesty undermines U.S. law and policy, rewards bad behavior, and is unfair to the millions of immigrants who follow the law and are awaiting legal entry into the United States. In some cases, those law-abiding and aspiring immigrants have been waiting for several years.

Saturday, October 20, 2007

The debate’s over.




Give me a break! Just watched John Stoffel rip AlGore’s religion of Man Made Gaia Warming of Latter Day Advocates, or more commonly called the Morons. The piece recounted the outright lies of the Award winning and supposedly very long and boring movie An Inconvenient Truth. Haven’t seen it and never will as I consider the entire hoax very damaging and scary. Intimidation by the Morons runs the gamet from discrimination in funding grants all the way to death threats to scientists who dare disagree with Pope AlGore. Now imagine a Moron becoming President and the full force of the government of the United States of America enforcing Moron dogma.

Jen reminds me that we need only look at Albuquerque Mayor Marty Chavez to see what a Moron in power can mean. He required all city employees to view the movie on city time, some requiring double time, some cops pulled off their beat, and a half hour of Marty politicking is thrown in as he gears up for a run at Pete Dominici’s Senate seat.

Tuesday, October 02, 2007

Shorting the NYT


Shorting a stock means selling shares in that stock that you don’t own. Later of course you must come up with the shares, hopefully bought at a lower price. You short a stock when you think it will tank. Last night I tried to sell short the New York Times. I received this message:

This stock is either ineligible to be shorted or shares must be borrowed externally. Lenders of hard-to-borrow securities charge a fee in the form of interest. Clients who wish to short a minimum of $100,000 of a hard-to-borrow security and are willing to pay a fee to cover the cost of borrowing those shares, may contact Securities Lending at 1-800-355-2448 to determine the fee amount.


Seems everyone wants to short this stock so you can't find anyone to lend you shares. I was hoping to cash in on the Slime's ride to the bottom.

Update October 20th: Jen thinks this would qualify as speculation. Not even, the Times will continue to fall as long as Pinch is in charge. Since my first attempt to short the stock Morgan Stanley sold all its shares and as of Friday’s close the price is down 10%. I hate the ones that get away, be they fish or opportunities, I should have bought a put.