The key points:
- He’s sorry.
by ilene - April 9th, 2010 9:30 am
Sampling several articles from The Onion, America’s Finest News Source (click on titles for whole articles):
WASHINGTON—High-ranking intelligence officials said Monday that the military was still aggressively pursuing notorious terrorist Osaka Binn Rogen, declaring that they had not forgotten about bringing the leader of the Al Hydra network to justice.
U.S. Defense Secretary Robert M. Gates assured citizens that American forces were actively hunting down Osaka Binn Rogen, and asserted that locating the mastermind behind the tragic 19-11 attacks is as pressing now as it was when their search first began, six or 10 years ago or however long it’s been.
"This homicidal madman committed terrible atrocities against the American people, and we have never, ever lost sight of that," Gates said. "Binn Rogen is the most wanted man on the planet, and he remains our No. 1 priority."
"We have only one thing to say to this heinous individual," Gates added. "We will find you, Osaka Binn Rogen."
Based upon field surveillance and intelligence, officials recently widened the search for Orlama Win Roben by dispatching CIA paramilitary officers and Delta Force soldiers to track down, capture, or assassinate the terrorist leader, who has been described as a "very bad, very tall guy with a beard."
"Every single day our brave soldiers are out plastering wanted posters with Owanda Bun Luvin’s face on buildings, telephone poles, and surrounding trees," Gen. Stanley McChrystal said. "We are constantly scouring the dangerous borderlands of Latvia for this terrible, terrible man."…
Here’s a little something we may have suspected, but now there’s a scientific study:
TUCSON, AZ—Researchers at the University of Arizona released a study Monday showing a causal relationship between raising one’s voice, pushing people in the chest, and getting what you want more quickly. …
ATLANTA—Concerned workers at the National Primate Research Center said Bobo, a 5-year-old chimpanzee participating in a 16-month cocaine study, was observed this week lying to the faces of friends, family, and staff.
"Our goal was to determine how large doses of the stimulant would improve or impair the chimpanzee’s ability to perform memory and language tasks," said primatologist Daniel Martin, the project’s lead researcher. "What we found was that cocaine
by ilene - March 18th, 2010 3:13 pm
The lawyer for the porn star who just ruined Tiger Woods’ life again by publishing seriously raunchy text messages is none other than Gloria Allred.
Who is Gloria Allred? Well, let’s just say she’s no shrinking violet.
She’s also the lawyer of other alleged Tiger mistresses, including Rachel Uchitel.
Allred was not happy with Tiger’s public apology a few weeks ago. In fact, she blasted it as pathetic.
Allred has also been negotiating with Tiger’s attorneys for a settlement on behalf of her clients.
It seems reasonable to assume, therefore, that Allred could have orchestrated the release of today’s sext messages, with the message to Tiger’s attorneys being:
"How’d you like those, fellas? Lots more where those came from."
Was Allred behind this? Or did her client Joslyn James just take matters into her own hands? We contacted Allred and asked her to confirm whether the texts were from Tiger, whether James and Tiger are involved in any legal dispute and which of Tiger’s lady friends Allred is representing. She responded, via email, with a simple, "No comment."
Meanwhile, another question follows from this. Is this why Tiger hired George Bush’s press man, Ari Fleischer? Ari’s going to be busy today.
by ilene - February 19th, 2010 3:28 pm
Courtesy of JESSE’S CAFÉ AMÉRICAIN
Were Lloyd and Jamie and the pigmen of Wall Street and Washington taking notes during Tiger Woods’ apology?
No one is perfect, of course. Everyone makes mistakes, everyone sins. We are all weak, and insufficient in ourselves. And yet we attempt great things, in fear and trembling. The spirit endures and abides.
But there are moments in history that are epidemic with excess, a pathological pursuit of lust, greed, and deceit with a nihilistic determination that is more like a fashion of the age than an aberration. Chic to be above conventional morality and the law, lacking all proportion. Accepted, and even admired.
Tiger’s words could be the new American Anthem for a generation of reckless, selfish, and self-destructive behaviour by those most blessed by its freedom, offered the greatest opportunities and privileges, sometimes undeserved, and most often paid for by the sacrifice of others.
Most of them still have no regrets, except of course for the fear of discovery. They will have to somehow grow a conscience for that. Or face the withdrawal of support by their sponsors. In the case of Tiger it was Nike. In the case of the Banks it is the US government. And in the case of the US government it is a gullible and complacent public.
"Many of you in this room know me. Many of you have cheered for me, have worked with me, always supported me. Now, every one of you has good reason to be critical of me. I want to say to each of you simply and directly I am deeply sorry for my irresponsible and selfish behaviour I engaged in. I know people want to find out how i could be so selfish and foolish.
I knew my actions were wrong but I convinced myself that the normal rules didn’t apply. I never thought about who I was hurting. Instead, I only thought about myself…
I felt that I had worked hard my entire life and deserved to enjoy all the temptations around me. I felt that I was entitled.
Parents used to point to me as a role model for their kids. I owe all those families a special apology. I want to say to them that I am truly sorry.
I recognize I have brought this on myself
by ilene - February 19th, 2010 12:03 pm
Good for Tiger, and maybe even Buddhism. Sometimes it takes a life-changing disaster to find a healthier course. We hope Buddhism will help Tiger achieve the hole in one he’s looking for so he can keep his putter in his bag. – Ilene
Tiger Woods just announced plans to focus more on Buddhism to help him get his life together.
This will no doubt disappoint Brit Hume, who infamously suggested Tiger use Christianity to get over his sex addiction.
Tiger says he’s heading back to rehab, and he’ll use the religion to find his center.
by ilene - December 17th, 2009 1:44 pm
Yep, no surprises here. – Ilene
Courtesy of John Carney at Clusterstock/Business Insider
Tiger Woods is reportedly planning to go into rehab in Arizona for treatment for ‘sexual compulsion’ and his use of Vicodin painkillers and Ambien sleeping pills.
This, of course, is the way everyone knew this scandal would end.
The news was reported by the British tabloid The Daily Mail.
by ilene - December 11th, 2009 10:42 pm
Courtesy of Tim Iacono at The Mess That Greenspan Made
It’s been a while since a Jim Rogers quote graced the pages of this blog – it seems it was well worth the wait after looking at the gems offered up in this interview with CNBC today.
Gov’t Spending Is Like Tiger’s Dating: Jim Rogers
The U.S. government’s plan to increase spending as a way to kick-start the economy will leave the country with no way to help its way out of the next crisis, Jim Rogers, chairman of Jim Rogers Holdings, told CNBC Thursday.
The Treasury Department "has been putting out all of this stimulus and now they’re talking about extending the (Troubled Asset Relief Program)," Rogers said.
Geithner "is a very smart person," but "he’s been wrong about everything for the last 15 years," Rogers said.
"Why are we listening to any of those guys down there? They’re making our situation worse," he said. "They said in writing yesterday the solution to our problem is to spend more money … that’s what got us into this problem: too much debt."
"That’s like saying to Tiger Woods, ‘you get another girlfriend and it will solve your problems’ or ‘five more girlfriends and you will solve your problems,’" he said.
Rogers sees a currency crisis of some sort occurring somewhere around the world sometime in the not-too-distant future and asks how the U.S. government intends to solve future financial and economic crises if they borrow and print so much money to solve the current one, "What are they going to do, quadruple the debt again? Print more money?"
This was one of the best rhetorical questions I’ve heard all year…
by ilene - December 8th, 2009 9:08 pm
Just in from CNBC: Gatorade says it is discontinuing its "Gatorade Tiger Focus" product line.
"It has nothing to do with recent events," the company says, laughably.
Of course, they’re still sponsoring him, so it’s not a total cut-off.
But this is just the beginning of the damage about to be inflicted on Woods’s very fat pocketbook.
Tiger Woods is now associated with pornstars, domestic disputes, and the hospitalization of his mother-in-law. In other words, he’s toxic.
Nike supports Tiger and his family. Our relationship remains unchanged."
Such was Nike’s statement last Wednesday, when we were just a few days (and a few mistresses) into the Tiger Woods scandal.
Nearly a week (and numerous mistresses) later, news came from CNBC that one of Woods’s sponsors, Gatorade, is discontinuing one of its products connected to golf’s biggest star.
Gatorade said the decision had "absolutely nothing to do with recent events," and there is evidence it actually was not scandal-related ("[I]ndustry trade Beverage Digest actually reported the discontinuation of the Gatorade Tiger Focus line on Nov. 25, two days before the accident occurred, CNBC reported).
But as the scandal continues to unfold and additional allegations pour out, no doubt Woods’s sponsors are holding closed door meeting to decide how to move forward.
Woods’s endorsement deals are a massive part of his income. He is projected to surpass $1 billion in career earnings by 2010, 90% of which will have come from endorsements.
One phrase that is being tossed around is "morals clause." While Woods’s alleged behavior may be morally objectionable to many, that has nothing to do with how "moral" may be legally defined in his various contracts.
Fernando Pinguelo, who has written about morals clauses, said that, like all contract negotiations, the "leverage the ‘talent’ has in a particular deal," as well as the capabilities of his agent, will direct what the clause says. Woods, of course, had maximum bargaining power and top tier representatives.
by ilene - December 2nd, 2009 10:10 pm
The Official Tiger Woods Family Christmas Portrait
Okay, I know, I don’t normally post pictues that come in my email…
Question is, will Elin kiss and make up with someone who’s missing teeth?
by ilene - November 29th, 2009 2:24 pm
Wondering what’s been going on with Tiger?
Courtesy of Henry Blodget at Clusterstock
Another day of silence has left Tiger and Elin Woods with only one option about how to deal with the car crash: Tell the world exactly what happened, and soon.
Of all the stories and speculation that are swirling around, this one from TMZ seems to fit the facts the best. It’s based on a conversation Tiger reportedly had with a friend yesterday.
We’re told he said his wife had confronted him about reports that he was seeing another woman. The argument got heated and, according to our source, she scratched his face up. We’re told it was then Woods beat a hasty retreat
for his SUV — but according to our source, Woods says his wife followed behind with a golf club. As Tiger drove away, she struck the vehicle several times with the club…
Tiger then became distracted and hit the hydrant and then a nearby tree.
We’re also told Woods had said during the conversation Friday he had been taking prescription pain medication for an injury, which could explain why he seemed somewhat out of it at the scene.
But also survivable.
If Tiger was, in fact, scratched and knocked unconscious by his furious wife, Tiger will have paid for whatever mistake he made in a way that most public figures who make that mistake don’t. This will earn him some sympathy. Remaining silent for a day to protect Elin will earn him even more.
Elin, meanwhille, appears to have stood up for herself, which will win her some points, too (although not for the manner in which she did it). People have little respect for the typical stand-by-your-man approach to these things, and the facts suggest Elin may have taken a different route.
What won’t work is a vague reiteration of what Tiger’s camp said on Friday: That Tiger just had a minor car accident.
The police will get to the bottom of what happened, and unless TMZ is just fabricating sources (we doubt it), Tiger appears to have offered at least one person a more complete and believable version of events.
July 1st, 2016 12:45 pm
Courtesy of Mish.
Construction spending dipped 0.8% in May vs. a Bloomberg Econoday consensus estimate of +0.6. The result was well below the low end range of estimates from 09.3% to plus 1.9%.
Construction spending for April, initially reported at -1.8%, is now listed at -2.0%.
Construction Spending Year-Over-Year
Construction spending proved surprisingly weak in May, down 0.8 percent vs expectations for a 0.6 percent gain. The decline follows an even steeper and downwardly revised 2.0 percent drop in April. Spending on single-family homes, despite the rise underway in housing starts, fell 1.3 percent in May fo...
July 1st, 2016 12:14 pm
In an interview today on CNBC, Art Cashin hits the nail on the head as he typically does when asked about the central banks, the bond market and US Treasury yields hitting new record lows.
"It's attracting money, it's a very powerful magnet and it's going to keep doing that."
"With all apologies to Janet Yellen it's getting to a point where it doesn't matter what the Fed thinks, rates are going to ...
July 1st, 2016 10:44 am
Courtesy of Doug Short's Advisor Perspectives.
Today's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 136.4, unchanged from the previous week. Year-over-year the four-week moving average of the indicator is now at 2.11%, up from 2.08% the previous week and the fourteenth week in positive territory. The company's Weekly Leading Index annualized growth indicator (WLIg) is at 7.2, up from last week and its highest since early May of 2013."Cyclical Misconceptions Driving Policy Errors"...
July 1st, 2016 7:39 am
Courtesy of Chris Kimble.
In September of 2012, when Silver was trading at $28, the Power of the Pattern shared the chart below. The patterns suggested that even though Silver had already declined a great deal ($50 to $28), patterns called for it to fall nearly another 50%, to the $15 level.
Chart below was from 2012, see original post HERE.
July 1st, 2016 12:02 am
Financial Markets and Economy
The world’s losers are revolting, and Brexit is only the beginning (Washington Post)
The world has enjoyed an unprecedented run of peace, prosperity and cooperation the last 25 years, but now that might be over. At least when it comes to those last two.
A Sober Economy Can Handle the Brexit Hit (Bloomberg View)
One of the main signs of the health of the global and U.S. economies is its ability to absorb a blow, and shake it off. At least tha...
July 1st, 2016 12:00 am
Courtesy of Benzinga.Related AAPL The Battle Between Spotify And Apple Heats Up Wal-Mart Pay Welcomed In Idaho, Oregon, Washington And New Mexico ...
June 30th, 2016 8:52 pm
By Jacob Wolinsky. Originally published at ValueWalk.
John DeVoy, a long time analyst at Seth Klarman’s Baupost Group has left the hedge fund for a position at Loomis Sayles. Devoy formerly worked at Loomis before spending close to ten years at the Boston based hedge fund. The news was announced via a press release from Loomis. The statement says that DeVoy will be returning to the company “as a dedicated credit strategist for the flagship full discretion team.”Baupost Group’s Seth Klarman Sees ’50 Shades of Value’
Devoy was a managing dir...
June 27th, 2016 10:30 am
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June 24th, 2016 11:23 am
I have mixed feelings about Brexit today. Clearly the European institution need reforming. The addition of so many countries in the last 20 years has created a top heavy administration. The Euro adds more complexities to the equation as the ECB policies cannot fit every country's problem. On the other hand, a unified Europe has advantages as well – some countries have benefited from the integration.
For Britain, it's hard to say what the final price will be. My guess is that Scotland might now vote for independence as they supported staying in Europe overwhelmingly. Northern Ireland might be tempted to leave as well so possibly RIP UK in the long run. I was talking to some French people and they were saying that now there might be no incentive for France to stop immigrants from crossing over to the UK like they do now and simply allow for travel there and let the UK deal with them. The end game is not clear to anyone at the moment....
June 21st, 2016 10:24 am
One week ago, when bitcoin first crossed above $700 on the seemingly insatiable Chinese buying which we forecast last September (when bitcoin was trading at $230) would take place as a result of China's capital controls (to much pushback by the "mainstream" financial media), we tried to predict what may happen next. We said that "it could go much higher. That said, anyone who bought last September when the digital currency was trading at $230 may be advised to take some profits, and at least make...
May 13th, 2016 2:40 pm
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May 7th, 2016 1:40 pm
Reminder: Pharmboy and Ilene are available to chat with Members.
Here's an interesting article from Investor's Business Daily arguing that biotech stocks are beginning to recover from their recent declines, notwithstanding current weakness.This Is Why Biotech Stocks May Explode Again
By Amy Reeves
After a three-year bull run that more than quadrupled its value by its peak last July, IBD’s Medical-Biomed/Biotech Industry Group plunged 50% by early February, hurt by backlashes against high drug prices and mergers that seek to lower corporate taxes.
December 15th, 2015 2:15 pm
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