Some say the world will end with fire.

Others say with ice.

From what I've tasted of desire

I hold with those that favor fire.

But if I had to perish twice,

I think I know enough of hate,

To say that for destruction ice,

Is also great and would suffice.

Robert Frost



"YOU CAN'T FIX STUPID" - Ron White



"Good things come to those who wait, but, only the things LEFT by those who hustle." - Unknown (at least by me)



"Life is wonderful, without it you are dead." - Hy "Pete" Peterson - Park City and Kenecott Miner



"Don't worry about those people in your past---there is a reason they are not in your present." - Unknown



"Life's tough - it's even tougher if you're stupid." - John Wayne



"The only place success comes before work is in the dictionary!" - Vince Lombardi



"If you aren’t living on the edge, you’re probably taking up too much space.” ~ Attributed to Jim Whittaker by Doug ‘Swani’ Swantner, Alaska Smokejumper and Air Attack Base Manager (Ret.)

About Me

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I am married and have seven children and twenty grandchildren. I retired January 1, 2010 after working 39+ years for the Forest Service...NEW CHAPTER IN MY LIFE HAS BEGUN!

Sunday, March 15, 2009

SOME RAMBLING

The courts have issued an arrest warrant for Lindsay Lohan for what appears to be violations of the terms of her probation. She has plead guilty twice to DUI and once to driving under the influence of drugs. So what is the arrest warrant for? Nobody seems to know but for all three violations she has spent a total of 84 hours in jail - I wonder if this is fair and equitable treatment of people.

Charles Barkley set a good example recently in dealing with DUI charges (he also didn't lose his job as as commentator for basketball at which he is really good). He plead guilty to a DUI charge in Phoenix and saved the courts a lot of money in convicting him. Yeah he was guilty but it still costs to prove it (a lot). He spent three days last week in Maricopa Counties Tent City facility. Not even a jail but an arrangement that is meant to make criminals think about crime before they go back into this facility. Wonder if he had to wear the PINK underwear that the facility is famous for? I think the Sheriff of Maricopa County is one of the best law enforcement officials in the country---wanna debate that? Drop a note in remarks and I'll be happy to respond.

Is Shaq back now that he is with the Suns---you betcha---the Suns play strategy is "Seven seconds or Shaq" - which means if they have not had a good play by the time the play clock gets to seven seconds get the ball to Shaq and he'll shoot it. He's back and in better shape than he has been in for years---He'll carry a lot of games if they get the ball to him everytime the play clock ticks down to seven seconds.

GO UTES - both the men and womens teams made it into March Madness - it is really good to have a team in there---sorry BYU didn't make it too but such is life. Hope they both make a good showing and make us proud. Wouldn't it be ironic if they got second in basketball too - it would be a great season if that happened.

WHOAAAAA---I watched the launch of Discovery tonight. It was beautiful. BEAUTIFUL. BEAUTIFUL. BEAUTIFUL. And Spectacular - but it is sad to think that they are out there in space now and there is a 12% chance they won't return unscathed---12%---that is an extremely high chance of not coming home safely. Why would anyone want to participate at that rate? I can't answer that and I participate in a dangerous job too - but mine is like 5 per 22,000. If it was 1:8 I think I would have an extremely tough time convincing Inklings that I needed to go to the callout.

AND LAST BUT NOT LEAST: The S&P closed up 11% for the week just passed - that's great right? Well not completely great but it does mean that since October 2007 we are UP again to the point we are only down 50%---yeah that's right we were a few points below being down 50%. My advice is don't sell until it comes back. EVEN IF THAT TAKES TEN YEARS. It is only a paper loss until you sell. If you trade out you will never recover what you lost.

4 comments:

Native Minnow said...

Um. Check your brackets. BYU made the tournament too.

Native Minnow said...

Also, I just received notice that I've lost $1000 over the past year, or in other words, about 18% of my "retirement". I hope it comes back in the next thirty years or so ;-)

Dee Ice Hole said...

You haven't lost it until you sell it---Mine was in the neighborhood of $13,000 so I am very happy to see any rebound---it could have been a lot worse but I locked most of mine into the safe stuff when the S&P hit 1400---coulda waited until it hit 1500 but feel really really lucky to have pulled most of it out when it was up there pretty good---most of what I have I bought in at under 300---so you won't hear me complaining a lot. AND like I said until you sell you haven't lost anything---

PsychDoctor said...

Yeah...I think they are a 5 seed

and I agree with the stick out the markets...Especially if you are young...

and Native Minnow...I think I lost $20,000 in retirement... :), but it isn't lost until you cash it out and the stock market will rebound.