Could you hear the groan Mr. Obama?

Every High School administrator in the country probably came close to defecating in their pants tonight with the Teleprompter-in-Chief announcing that he wants all students to be required to stay in high school until they are 18 or until they graduate.

Imagine what the schools will have to do to oversee these "students' who don't want to be there, don't want to learn, have no ambition or work ethic and just want to remain disruptive to the students and teachers around them.    Go ahead, just put armed guards in every hall way (make sure they are all NEA members while you are at it) and keep these young thugs occupied with biology, economics, physics, history and higher or lower math.  Yea right.   Is it any wonder we fall further behind in the global rankings?    

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Remember "TRADING PLACES"?

Remember this part of the movie?  On the commodities trading floor at Four World Trade Center, the Dukes commit all their holdings (Randolph doing so against Mortimer's advice) to buying frozen concentrated orange-juice futures contracts; other traders follow their lead, inflating the price. Before the real crop report is declassified, Valentine and Winthorpe sell futures heavily at the increased price. After the forecast that the orange crop will be normal, the price of orange-juice futures plummets. Valentine and Winthorpe successfully cover their short sales, turning a profit of more than three hundred million American dollars. The Dukes fail to meet a margin call and are ruined, being left owing three hundred and ninety-four million American dollars for futures now worth a fraction of what they contracted to pay. Valentine and Winthorpe explain to the Dukes that they had made a wager on whether they could get rich while making the Dukes poor simultaneously. Valentine collects $1 from Winthorpe (who had believed their revenge plan would fail) while Randolph collapses holding his chest, a heart attack having seized him, and Mortimer shouts angrily at his brother about their failed plan.

Well as of today, Orange Juice has just hit an all time high price of $223.25 , and has returned a jaw-dropping 32.4% YTD, or 7,032% annualized. This is the biggest 4 day surge since October 2006, and for all intents and purposes, essentially the biggest ever. Needless to say, Randolph and Mortimer Capital LLC is back up and running, and has been forced to limit investor inflows due to unprecedented interest in this asset class, which, yes, you can eat (a little freeze drying may be required in advance). At this rate, bottle service of Dom Perignon will cost less than a small container of Tropicana!

Another Montana rancher who gets it!

Twisted Taco.......run, flee or stay hungry

I've been eating in restaurants for most of my life, well since I moved to San Diego about 33 years ago.  Outside of the three tiny reservation towns we lived in while I was in high school, (note, not a single one of them had a public restaurant) I can usually find a decent place to eat.

Today, after a swim meet, we took in the Twisted Taco in Dunwoody, Georgia. 

Do not, I repeat, do not ever order the carne asada taco's in that place.    

Friday, the 20th..........

Silver jumped dramatically (up over 8% on the week) while Gold gently pushed higher (+1.7% matching USD's weakness on the week). Oil was the week's biggest loser (down 0.5%) as Copper clung to 3% gains on the week. Treasuries ended the week at their high yields (30Y +19bps).  The real kicker today is that today's volume is an incredible 27% below the January 2011 Option expiration volume.

With options expiring it's a new ball game on Monday.  Eat something good and may your favorite teams win!  I am pulling for the New England Patriots.

Images of my Dad

4 years of age

My Dad can do anything!

7 years of age

My Dad knows so much about everything!

12 years of age

Dad doesn’t really know everything.

14 years of age

My Dad?  He is so out of it.

21 years of age

Dad?  He is so old-fashioned, he doesn’t get it and isn’t that smart

25 years of age

Well, he knows some things pretty good

35 years of age

Before we make that decision let’s see what Dad has to say about it.  

(I can’t  believe how much Dad has learned in the last 9 years!)

50 years of age

I wonder what Dad would have thought about this.

Pete Shaw, the greatest NY Giant of them all........

Pete Shaw, a 7 year veteran of the NFL, played as the smallest safety in the league for the San Diego Chargers and New York Giants.  With a 28-inch waist the guy had speed, strength and a great attitude to knock somebody down.  Where ever you are Pete,  this weekend I know you will be toasting the Giants to victory!    As a graduate of the Big 10's Northwestern you were the quintessential Drexel Burnham Lambert salesman.  Those were the days my friend, can you still "get-a-hat"?