|||Hinky|||

Wednesday, August 06, 2003

This just in for those of you interested in politics-- paydemocracy.com. It looks like the start of something notably unhinky.

Hinky 11:18 PM

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The marines landed to work on Liberia, again. Speaking of history repeating itself, again. After weeks of fighting, people of scrounging for food and here come the peace keepers. Well, maybe an ounce of prevention cost more than a pound of cure these days. America created Liberia begining in 1815for African Americans to return to after their tour of duty, so to speak based on the belief that America was not place for blacks even when freed given its laws and social climate.

Decades later, its a mess. It's leader has reportedly killed in excess of 100,000 people, and now he wants safe passage out. He wants a free ticket without worrying about being brought up on War crimes; he wants to live near that lake in france where all Nixon and all the bigshot group up, and the people chain smoke between their soup and main course, a post card setting to try and forget what you did when you did it to get there.

In other news, the GAO has pointed the finger at lawyers for trouble in the parts of the economy related to medical mal practice law suits. Bad doctors (or too few doctors), the strange incentives created by the insurance industry, and the media that starts from the premise that there is a litigation "crisis" in spite of the fact the case loads have merely kept pace with POPULATION GROWTH, apparently have little to do with it. The GAO pins these high insurance rates on the lawyers; not the congress that sold them the monoply to set their prices 50 years ago, when America had 25 percent the population that it has now. Simple, but a little too simple me thinks. That's is hinky, right?

But a ray of light, the SEC has taken MCI to task for routing its calls to Canada in order to save taxes. Good. Sprint was also hammered today for overbilling the goverment on its 600 million dollar bill. Now it might not get government work. Hey, its not even good enough for government work. What's they spell? Answer: Hinky.

Hinky 9:02 PM

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Tuesday, August 05, 2003

Watching Gangs of New York again, this time on DVD. "Amsterdam? I'm New York, don't you ever come in here empty handed again." Say what you will about Martin Scorsese and Big Harvey, you have to hand it to them to keep us from repeating ourselves. "'Chislers,' now there's a word I understand! Now if you said 'Chislers' I'd say we'd have some business."

Hinky 11:24 PM

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Monday, August 04, 2003

Summer: hazy, hot and humid. Amerigas distributes propane to 1.2 million people in the US, yielding over 8%, which will be tax free under the new dividend rules. You want better than that? It's like the guy who said he knows a place where you can eat, drink and get laid for 5 dollars to the other guy who replied: yeah, "Where is that place?" to which the first responded that he did not know, but his sister goes there all the time. Right. What's the catch with APU, beyond the 19 p/e? Well, we are digging, and we'll let you know if we see anything more; but to get that whopper quarterly dividend, you'll want to be a shareholder of record by August 8, wink wink.

Now, take IFlow for example; here is a little engine that could that "offers solutions for Regional Anesthesia" as the web site states. It has a little instututional support for funds such as Eaton Vance, Vangard, Norther Trust and Fido. No dividend, a projected 5 year growth rate of -26 and a p/e of 546.67. You have to wonder why pigs don't fly as this four letter beauty remains locked above 7 dollars per unit. There are more, such as ENN, CK, QBAK, but "what does it matter what you say about peolpe anyway?"

That's Touch of Hinky for you.

Hinky 10:05 PM

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