Weather made it happen............

Weather.  It's what helped five of us put dinner in the freezer!

Take that to the bank folks............

Any time you hear JOE say "LOOK", the next thing coming out of his mouth is a lie.

If Hunter Biden is so brilliantly smart and Obama is a constitutional scholar then I am a belly dancer............

Montana 2020

The evening of December 27th, 2019, in a restaurant with my family in Ft. Collins, CO. Walked in, sat down, got sick. Flew home to TN on 12/29, sick. New Years Eve, sick. Watched zero bowl games on January 1, sick. My year started off, you guessed it, sick. Not a clue what the sickness was but it had every salient feature of being a coronavirus. A flu bug. Thank goodness no one else in my family got sick from being exposed. In January the markets started rolling higher. At 66 years young and having been retired 6 months, things were becoming clear. Unfortunately, the older I get the quicker life seems to go. The markets were off to a strong start and I paid little attention to David Tepper, CEO of Apaloosa Management. Mr. Tepper is a fairly recluse hedge fund manager, a billionaire many times over, and was holding court on CNBC giving his views on a virus in China. I took it all in, respected his views and and thought about my retirement portfolio. I had built it over years. It was near fire-proof. What could happen to put a hurt on the 140 different investments I owned across the world? I was ready to ride things out through thick and thin. Holdings I had owned for years, cost-basis so low i couldn't imagine cutting a check to pay the taxes if I sold. Income coming in (and rising) to weather any storm in any asset class. And just as the sun rises in the east, low and behold, as the portfolio went to ATH's, (all time high's) reality hit and the virus struck. I did get to go goose hunting once in January. On the last day of the season, at the last hour, at the last few minutes, and yes, on the third shot, I dropped a beautiful Canada goose. Without a doubt, one of the more enjoyable geese I have had the pleasure to eat!

I was even more "sick" by late February. I did my best to stay healthy and for the first time in years entered a 5-k run in Cookeville where I finished near the top in my age group. Whoopee for old age!

I learned long ago that good health is the most important part of my net worth. Without great health everything else is marginalized. I try to keep an eye on my health, it's my responsibility. All mine. The older I get the more I appreciate walking and light weights. I bet you will too. The low in the market on March 23 was brutal. By then I had left TN and was in Montana. I didn't turn on the computer, watched zero TV, hunted sheds,

fished and ate well, continuing the positive thinking that had gotten me this far in life. Being grateful for what I have has  helped produce an optimistic mindset and having never met a successful pessimist, I know optimism leads to more positive outcomes. Remember, luck is where preparation meets opportunity. I never imagined my life would turn out the way it did after growing up in the poorest county in America on the Pine Ridge Indian Reservation, actually, I went to 4 high schools in 3 different states and lived on Indian reservations the whole time. 

One day we happened onto a large pile of fecal matter.

Care to guess what kind of critter made that pretty pile? Yup, you are right. A porcupine. 

There were many days of 6 figure declines. It was too hard to trade on the short side. The volatility was painful but I thought this too shall pass. It's a virus. It will be gone in two years and the quality investments I hold will rise in value. Don't sell into the fear Dean. Stop the worry, this too shall pass. Dark sunsets are followed by the rising sun!

It's all laid out in Matthew 6:25 if you don't believe me.

For a primer on my beliefs regarding long term investing you might want to review the post highlighted below and keep it handy. You will probably use and refer to it in your lifetime. I guarantee you will benefit from reading it and I don't guarantee much except, death, taxes and the fact the devil doesn't fear a dusty bible. 

https://www.tndeer.com/threads/stock-market-facts.324470/

In the market, who you are, your race, your gender, your age, where you went to school, your color, who your daddy was, what you think, what you feel mean nothing. I repeat: nothing. The market will do whatever it's going to do with you or without you.  In the market as in life, you can have results or excuses but not both.  Never forget, the stocks don't know you own them and won't behave any different if they did!

My application to hunt big game in Montana had to be mailed by March 15. In 2019 I'd been unsuccessful to draw tags to hunt elk or deer in Montana and I sure didn't want to sit out another year of not being in the game! April rolled around, spring was in the air and I got lucky. I was drawn for an elk/deer big-game combination non-resident license in Montana. I did not draw a non-resident antelope or sheep tag.

My youngest son, Jordan, had just graduated from the University of Georgia with a B.S. degree in Electrical Engineering and was lucky too.  He drew tags! 

 

My oldest son, Hunter, a Captain in the United States Air Force wasn't so lucky. He didn't draw a tag and unfortunately in Montana, tags are not transferable or I would have given him my tags! I was told 10,000 applicants didn't draw in Montana and though I haven't checked the validity of that statement as told to me by a FWP (MT Fish Wildlife Parks) employee I have no reason to doubt it. 

The life we have is fleeting. As the summer wore on I wanted some normalcy back. You probably did too. Around the 1st of August I again took sick. How lucky can a guy get? Sick twice in 6 months? Are you kidding me? Not only did I ruin the long-planned family vacation but ran a low grade fever for 8 days and was tired of being sick.  I just wanted to be unsick!

September arrived and my wife decided to go back to work after 18 months of retirement.

It was a calling she had to help a Christian organization and we  prayed hard for the decision to come to us. Fortunately her new job allows her to work "remote" and she's happy with her second "career". We will celebrate 30 years of marriage in about 100 days and I am lucky to be married to her. It's been a great ride and I have a hunch the best is yet to come. For her September birthday she wanted to hear some elk bugling and we were fortunate to camp in the middle of some very loud bulls.  They bugled all night long and we got some fun pictures.

In late August my son and a great friend from South Georgia headed out on a DIY MT archery antelope expedition for about a week.   They had to contend with hot weather, cactus, brilliant antelope with ESP and the occasional serpent.

Going to sleep late because of the heat made for interesting times. This rattler wanted to cozy up in the tent. Good thing they had flashlights working to spot this coiled demon before he struck.

They didn't score on bagging an antelope but scored on the experience of hunting speed goats with stick n string.  Eyes and ears on antelope are truly spectacular.  It was a memorable week and so many blown stalks they lost count.  I think they are still pulling cactus out. 

Health-wise after getting better in August I did something I had never tried before.  I wanted to lose weight just by cutting back on calories and not working out.  Usually, when I want to cut weight I go all out in exercise and then wind up eating more, probably what you do too!  So this time I cut food and drink.  I didn't touch beer for a couple of months.  What happened you ask?  You guessed right.  Shedding 20 pounds just felt good.  More water, no beer. Worked for me. Clothes were loose and spirits were high.   I have continued to shy away from adult beverages and sleep and feel better.  It works for me.

As summer turned to fall after the antelope hunt my son had gotten great news about his job offer. Due to Covid they wanted him to start later rather than sooner and that gave him more time to focus on what kind of deer he wanted to hunt with his bow. He went all out with trail camera's, patterning, stand positioning and it paid off with an 18 yard shot on a wonderful whitetail. Montana only allows the harvest of one buck per hunter per year and he was tagged out on deer!  He called that buck PINCH because of the crab claw on the front left beam!

As the rifle season began I started my annual ritual of practice. Shooting practice. Rifles get shot, sighted in, ammunition sorted, the drill I have been doing it seems for decades. I firmly believe in shooting practice. I shoot every rifle I am likely to use. Most hunters don't practice. In fact, most guides will tell you most hunters don't practice before they go on a guided hunt. Seems rather odd but hey, it's not my money. Practice makes for a better level of confidence and that to me, is of utmost importance. I don't take 500 yard shots. I don't consider myself a long range shooter. I do consider myself fairly knowledgeable about the rifle I hunt with and what it will accomplish. We also don't do the Ford Sneak. We don't shoot out of pickup trucks. We hunt. We hunt on foot. We ground pound. I would say a large majority of deer and elk are shot in Montana from pickups. It's how it's been done and will continue to be done. Most "hunters" just pound away from the pickup. We get out and hunt. Strap it on and go. Hopefully I will remain healthy and able. My youngest had not had an opportunity to kill an elk though he has been along on some elk hunts and I was hoping he could get it done this year.  Elk hunting can be a game of nanoseconds and inches.  Along with his friend, Parker, they spent several days in the mountains of Montana that border Idaho and saw a good number of elk but weren't able to close any deal with archery tackle.  Success rates are very low on public land with archery tackle.  They had a great time with great memories and no regrets; they went as hard as they could. 

Deer hunting this year was special. Truly special. November 5th, my first morning in the hills started with Jordan at my side, at first light, looking for a buck or a bull, I had a tag for both, Jordan had his elk tag. We had a large drainage to glass for a couple miles headed to the north and we worked along the rim in the timber (staying off the rim) and kept finding little to see except an eagle or two. Not even a coyote or lonely doe were in our glass. As the morning wore on we were perched on a high rim, glassing, watching for any movement near or far, just sitting it out, waiting to spot a bachelor group or early roamer buck doing his thing. We had been sitting for 10, maybe 15 minutes and as I glanced over to Jordan to whisper what the noise was, as come to find out he had tossed a rock down into the canyon below to stir the pot in case anything was bedded below. Jordan was about 7 yards away and as I looked over at him he was pointing down into the bottom of the drainage. I turned to see a deer moving in the bottom of the canyon. From here, instinct and 50 years of hunting mule deer took over. I threw up my binocs and could see the wide palmation on the deer's left antler beam.  It was enough for me and and decided in that instant to shoot. I did not ever have a  frontal view, had no idea of his rack, only the wide palmation on his left antler gave me the impetus to settle in. In warm weather I like to shoot a semi-automatic rifle. Okay, I agree, they don't shoot tight groupings but I can get them to group to the size of a deer's heart and I love the ability to stay in the scope and get an animal down. That day I was shooting a Browing BAR short-trac .243. It was going to be a long shot and I whispered to Jordan as I swung around on my butt to shoot, "how far?" He replied, "332". The deer was walking sideways to me and at that distance I felt I couldn't make a solid shot with the rifle over my knee. I dislike shooting laying down and felt I had to change my position. I am very good at coming up with things to give me better shooting odds in a short amount of time, try split-seconds. It has helped so much over the years to have that steady rest and to improve the odds of an accurate shot. In a nanosecond I saw a rock ledge about 8 steps away and as slow and quietly as I could, as fast as I could, shuffled over there. I got my back up against the rock ledge and my rifle resting on a small outcropping. The deer was still walking and I was on him. Still no idea of his antlers. When he stopped, I fired. I could see he was hit and he started to run uphill going sideways to me offering a good shot. I missed the second shot on the run and he then headed higher on the hill at a slowing pace and stopped. Jordan yelled , "355" . I am good at not looking at bone when an animal needs to be put on the ground and at the third shot he dropped like a hammer and tumbled down, his head sliding downhill toward me and giving me the look in my scope that got me pumped. Wow, what a bomber! He had slid into a patch of tall sagebrush and I couldn't see the body nor horns at that point. We waited a bit to make sure there wasn't any movement, talked it over and took a good look to see where we needed to go to get to him and headed down off the rim. This was a special moment to have my son there and walk up to such a magnificent deer. I had been after one like this for decades. Jordan started counting the points on his right horn which were sticking out of the sage and got to 8. I don't "score" any animals, never have, never will.  Each to their own.  I don't need to clutter the magnificence of a great animal with an attached score.  Makes no sense to me but hey, each to their own.  This one the taxidermist wanted to know the width and when he grabbed a tape measure he first said "31" and then he said "29". It didn't matter, this was truly a mature buck for eastern Montana. I was so happy to get an encounter with such a great deer and make the most of it. Remember, luck is where preparation meets opportunity! I was lucky.

The ranch we hunt is owned by a friend and he and his good friends hunted the ranch hard for a week for the season opener. They were able to get 3 nice bulls killed and one nice buck mule deer. This isn't a ranch that we just waltz into every year and see great deer behind every knob. There have been years when we saw zero elk. There have been years when we saw maybe one "shooter" buck. This year, the adjoining ranch had allowed an outfitter who was running deer and elk hunters thru weekly since the beginning of archery season. It's a chase where ever you go these days in the West, believe me. The internet, OnX maps, GPS's, texting, you name it, they have all been big equalizers in the hunt for bone.  Big antlers seem to draw a crowd.

We had snow and wet conditions hit and we were unable to get back for a a couple days to look for elk. When we showed up again one morning there was a few inches of snow, a strong wind out of the northwest and clear skies. Wind chill was probably 10 degrees. We were about 5 miles from the pickup in the Polaris Ranger, parked it and took off on foot for the rough stuff. Right at the crack of daylight, about a mile or two away we spotted elk still up and feeding. We saw maybe 10 or 11 and it looked like there were 5 bulls in the group. With the wind going to blow all day and never having hunted that section ( a section being 640 acres, one square mile)which happened to belong to the State of Montana we knew other hunters could come in at anytime and blow them out. From our vantage point we had to backtrack a good while to get around to work into the wind and it took close to an hour to get up to where we had first spotted them. Experience in elk hunting is a big plus and knowing for what and where to look is a huge advantage. My son had it going on, he had Dad along! We took our time, step by step figuring we could find that pod bedded and somehow locate a bull without blowing them out. Two things in elk hunting are a big help. One, a strong steady non-swirling wind and two, a bright sun midday. It was cold and we had them both. We were poking along, very slow, step by step, a few yards apart when I just happened to spot a cow deep in the bottom of the canyon. I froze, she wasn't looking up and didn't see me. I started to glass down into the bowel of that canyon and all I could see were cows and calves, about 5 or 6 of them. No bulls. Somehow with Jordan still moving next to me a small ways I got him stopped and on his knees in the snow to glass. One of the things I genetically must have passed on to both my sons is tremendous vision. Their eyes are better than mine and God has blessed me with excellent vision. Jordan picked up on those dark silhouettes bedded and we had to make a decision. Either move up and chance getting blown out or back out and go back around a mile and come out on the other side of the canyon to look for the bulls. We elected to back out. It took longer than we had anticipated to get back around and by this time we thought they might be up and feeding mid-day with the cold and snow. We were step by step now, glassing, looking for a glint of horn tucked into that canyon. We came up a small rim and at the very same instant we both saw horns ahead with a bull up and feeding. The bull was about 80 yards away. We ducked down, Jordan was shooting a Browning BAR in .270 caliber and we got the Primo's shooting sticks up and it was going to be on! Show time! There were a couple of elk feeding out and in his sights and he didn't hesitate to pull the trigger when he counted 6 points on an antler. At the crack I knew the bull was hit and then all hell breaks loose with the bunch scrambling to hightail it out of that canyon. Interestingly it was a unique situation with how the bull died. Thank goodness the bull ran up out of the bottom of the canyon to a sidehill! This is how the bull landed when he went down, impaling his antlers in the ground!

Happy son, proud dad.   Although we were sporting smiles it was a miles walk back to the side-by-side and the flat tire it was sporting made for a very long trip to the truck in the cold dark.

With Jordan tagged out I had time to figure out how to get a good bull.  Finding them is tough enough, killing a good one is no walk in the park.  So come along, let me take you on my elk hunt. There was luck involved.  It's hunting.  Who hasn't had luck in their hunting career?  It was an overcast day, wind again out of the northwest, cold at daylight with very crunchy snow.  Loud and crunchy, remember that.  We had just left the pickup and 4-wheeler trailer and were driving the Polaris Ranger on a ranch road.  It was near first light and things were still shadowy.  We were going to pull up to a point and glass when I saw some mulies down in a sage brush flat.  We both enjoy looking and admiring big deer so I turned off the key, coasted to a stop and we pulled up the glass to see if there might be a huge buck to admire in the group.  Zero bucks.  None.  At that instant Jordan says, "elk".  I say "where".  He says about a mile beyond those deer.  I focus my Swaro's and see a few elk, feeding out, no shooter bulls.  At this point I wanted to try to get a bull with antlers bigger than my son's bull.  We had plenty of elk meat to eat which in my family we all love but I have never killed a really good bull.  Killed plenty of elk but never a good bull.  I take that back.  Every elk I have killed was a terrific elk.  I don't take killing any elk lightly.  It is a privilege to sink a knife into elk meat at the dinner table.  It always will be.  Any elk is a trophy.  There, fixed that for the truth that it is.

We sat in the 4 wheeler glassing for about 38 minutes. Never moved and were getting cold.   There was a 5 point bull (5x5 bull or 10 pointer) coming our way thru the timber that had broken off from the herd and was out and about doing his thing.  He kept looking at us and not able to quite figure out what we were.  He probably got within 600 or 700 yards and disappeared into the timber looking to come out on top of us.  We saw elk laying on a far ridge and by looking at the topography we figured they would be bedding in that canyon.  We spotted one good bull in the bunch and I put that rack in my memory bank.  They were a good mile away, maybe further as my Leica range finder only works to 1200 yards.  

So, lets get back to the weather.  Cold with warming temps midday expected.  Snow was crunchy.  Did I mention the snow was crunchy? We stepped out of the 4-wheeler and backtracked down the trail, back over the hill in single file, doing our best imitation of a black angus cow walking away.  We knew we had no chance with the snow conditions to get close to bedded elk and the midday sun was a long ways off.  We did our best to take our time and get a bit closer but we were rudely interrupted by some elk.  About 500 yards into the stalk we could hear the "mewing" of a cow elk or two.  We heard a bull thrashing some brush.  There was no way we could move up without them hearing us and we couldn't see any movement.  We sat and sat and sat.   I finally got tired of waiting for warmer temps and took a nap.  It was a good nap.

       The rifle I had with me was a Browning A-Bolt, Swaro scope with a Texas Silencer suppressor, .243, sighted in to take out a quarter at 200 yards.  I have been a huge fan of the .243 caliber my whole life.  I don't like recoil, period.  I have taken bulls off their feet at 300 yards with a .243 like they were hit with a .300 Weatherby Magnum.   Shot placement is key.  I have done alot of shooting in 66 years. I tell everyone to practice shooting your rifle.  Practice makes you better.  In just about everything.  Try it.  Know your gun, know the bullet drop.  

As the temperature warmed and the sun rose higher in the sky we started our push to close the distance to the bedded elk.  We just didn't know exactly where they were, having to come in from a different direction thru the timber.  So, we had no idea how many elk there were or where they were bedded.  Temperatures were warming and it was getting more quiet to walk in the snow.  As we broached a small hill a good ways from where we thought the elk were laying I happened to catch a horn in my eye and spotted a spike bull laying broadside about 110 yards away.  He hadn't seen me as he was laying down facing away from the bright sun.  Remember, the sun and wind are your friend when elk hunting midday.  We dropped down on our bellies and looked at one another.  Jordan was packing his day pack, my shooting sticks and was my personal range-finder.  Figuring the bigger bulls were well in the middle of the bunch and surrounded by smaller bulls, cows and calves we had no idea how we would be able to get close enough to spot a good one without getting busted.  We crawled ahead out of sight of the spike bull and moved up a small hill directly into the wind.  I saw the back of an elk ahead feeding out of the timber and we hit the deck, not moving a single muscle.   Now it got good.   Jordan had his eyes on what was happening, I did not.  I was flat down trying not to blink.  Cows were beginning to feed out of the timber and they weren't 40 yards away.  They were feeding closer and closer.  Two orange blobs and upright shooting sticks were in their purview.  They didn't flinch and kept right on grazing.  As they got closer we could hear the grinding and tearing and munching of grass in their mouths.  Talk about loud!   Had the wind swirled even once we would have been busted.   It was surreal being so close to so many elk feeding and hearing them grind their teeth to chew and tear.  Finally, an old cow had had enough and spooked.  She ran 5 yards and stopped and began feeding again.  We just weren't enough to spook her.  We didn't move.  I started to snore and Jordan tapped my ankle.  I think an elk saw his eyes move and started to move away into the wind into the timber.  The bunch then began to get nervous and started walking into the wind away from us.  At this time I still hadn't even looked at the scene in front of us.  So they picked up some speed in their walk and Jordan said they were busting out into the wind.  I didn't think they were that spooked and started after them in the timber.  I went about 100, maybe 125 yards and saw 3 cows, nervous and alert but not spooked.  They were trying to figure out what was going on.  At this point, my shooting sticks, Jordan and his range finder and his day pack were nowhere close to me.  I eased up to a tree and kneeled down.  A short time later, maybe 5 seconds, maybe a minute, I don't know, I see elk on a far hill out of the timber.  I can see cows and calves, no bulls.     There was one big tree between me and them.  I then see a bull or two, then a good one.  He is walking at a good clip on top of the hill surrounded by cows.  I am leaning up against the tree, crosshairs on him if he stops.  He keeps walking and disappears behind the big tree.  I need to get my rifle on the other side of the tree I am up against.  As sheer luck would have it, on the right side of the main tree trunk was a small "tit" or limb that had broke off the tree trunk long ago. It was a perfect rest for me.  As the bull walked out on the hill, a long way off, he turned his head and looked back toward me.  It was majestic as he was taking those long strides that bulls do.  He was huge in the scope and when he stopped his walk I let the .243 bark.  In all of my years, in all of the animals taken over the years I have never come close to hearing such a wallop as that bullet hitting that bull.  The smack was so clear and loud and I was kneeling there when Jordan came running and asked if I had heard that big smack.  At the shot the bull had bucked over the ridge and about 800 or 900 yards away I saw a good bunch of elk looking back towards the hill he had been on.  I figured they were watching the final seconds of bull dead on his feet and doing his best to win his final battle.   We walked to the top of the hill, we later ranged the shot at 346 yards and peered over.  No bull to be seen.  Dang. My heart sank.  What happened?  Jordan ran back to get up on a hill and glass it all.  I took my time, glassing, looking, listening.   I kept moving out into the flat sagebrush, my spirits dropping with every step.  I looked into the wind and there was a nice elk rack laying in the sage brush looking at me.  He got up slow and got into timber, he wasn't dead, he couldn't run and was awful sick when the final shot took him down.                         

This was a big bull. Processor said probably 950 pounds on the hoof. I can heartily recommend Lincoln winches and log chains when loading a beast this size. Looking back it was a miracle hunting season. And yes, I still believe in miracles. Heavens we live on a blue planet that circles a ball of fire next to a moon that moves the sea and people don't believe in miracles? As for the markets, it's been an unbelievable recovery. I am truly blessed with how this year has turned out, so thankful and filled with gratitude. It doesn't take a lot of money or an Ivy League education to make money in the stock market. Anyone can do it. You can do it. So go for it. It's all up to you. There are alot of choices out there. Success is being happy. It't not how life happens to us, it's how we happen in life. Some people call it luck. I believe them. It's where opportunity and hard work collide. Thank you for coming along and all the best in health and success to you and yours in 2021 and beyond.

President Trump v Democrats

I voted for Trump.  I like Trump.  I like the Israel/UAE peace accord, a stronger military, secure borders, lower taxes, independence from Arab oil, record stock market highs, more jobs, law and order, record black and Hispanic unemployment and no more globalism.  As unconventional and abrasive as Trump is look what he has accomplished.   Nobody said he was a nice guy, and nobody said he wasn't a narcissist but he exposed the Deep State.  He has the FBI looking around on their heels.  The CIA is spooked.  He stopped the senseless killing in the Middle East wars and curtailed the Military Industrial Complex’s infinite waste.   He  also slowed the Pentagon waste and did his best for the nation against the scamdemic hoax I call the China Virus.

Is anyone with half a brain still giving any serious credibility to what establishment politicians and media sources claim about Trump?   Do you wonder how he ever became one of the most successful businessmen in US history while Obama never held a job that didn't carry a government paycheck?

The difference between me and a few of my Democratic friends ( I don't have many) are rather stark.  You see Trump's arrogance, I see Trump's confidence. You see Trump's nationalism, I see Trump's patriotism. You hear Trump's unsophisticated words, I hear Trump's honesty. You see Trump's racism, I see Trump's words being misconstrued and twisted by the media daily to fit their narrative. You see Trump as a Republican, I see Trump as a Patriot. You see Trump as a dictator, I see Trump as a leader. You see Trump as an Authoritarian, I see Trump as the only one willing to fight for our freedoms. You see Trump as childish, I see Trump as a fighter, unwilling to cave in to the lies. You see Trump as an unpolished politician, I see Trump as a breath of fresh air. You think Trump hates immigrants, I know Trump is married to an immigrant. You see Trump putting an end to immigration in America, I see Trump welcoming immigrants to America LEGALLY. You see Trump's cages at the border, I see Obama's cages at the border. You see Trump with a struggling economy, I see Trump with an amazing economy until the Democrats shut it down. You see the violence in the streets and call it "Trump's America", I see the violence in the streets of Democratic run cities who are refusing Trump's help and call it "Liberal America." You want someone more Presidential, I'm happy we have someone who finally doesn't just talk the talk but actually walks the walk. 

You and I?   We see things very differently.

A Vote for Biden will get you this...................

 DEFUND the POLICE and the MILITARY.........

UNLIMITED ILLEGAL IMMIGRATION

NO BORDERS or BORDER WALLS

PROTECTING THE CRIMINAL ILLEGALS

RIOTS/VIOLENT  PROTESTS without PROSECUTION or MEANINGFUL CONSEQUENCE

VOTING RIGHTS For ALL FELONS

NO PRESIDENTIAL DEBATES, esp for a mentally/physically unfit candidate.

NO ELECTORAL COLLEGE VOTES

CORRUPT VOTING WITH Democrat MAIL IN VOTING SYSTEM

EXPAND THE SCOTUS and insert corrupt Judges like Sullivan

ELIMINATE THE 2nd AMENDMENT and GUN RIGHTS

LATE TERM ABORTION ON-DEMAND PAID For By  THE TAXPAYER

COMPLETE ELIMINATION OF FOSSIL FUELS IN THE NEXT 15 YEARS OR LESS

ACA/OBOMBA CARE and or FREE HEALTHCARE TO ALL

MUCH HIGHER TAXES FOR ALL and MUCH GREATER CHOKING FEDERAL REGULATIONS

FREE HOUSING, GUARANTEED JOBS, FREE FOOD, FREE COLLEGE.

UNLIMITED FABRICATED FAKE EVIDENCE to ENDLESSLY INVESTIGATE  the CURRENT POTUS

RECEIVING CORRUPT FOUNDATION MONEY ( PAY TO PLAY ) WITHOUT CONSEQUENCE

 A VP/PRES FROM A FATHERS FAMILY of SLAVE OWNERS WITH MANY PLANTATIONS IN JAMAICA 

A VP/PRES FROM A MOTHER'S FAMILY in THE TOP CASTE IN A STRICTLY SEGREGATED SOCIETY IN INDIA

DEBATE WITH A not so secret WIRE AND EARPIECE cause yur too stupid to be honest about it.            

Do the bidding of the CCP and accept payoffs for the same.   

Joe Biden. 1993

The crux of Biden's 1993 argument: It doesn't matter if minority criminals were "deprived as a youth," or had a "background that enabled them to become socialized into the fabric of society," or whether they're the "victims of society," they need to be taken off the streets.

"The end result is, they're about to knock my mother on the head with a lead pipe, shoot my sister, beat up my wife, take on my sons," 

So I don't wanna ask what made them do this. They must be taken off the street, that's number one. There's a consensus on that.

Unless we do something about the cadre of young people - tens of thousands of them - born out of wedlock without parents, without supervision, without any structure, without any conscience developing because they literally have not been socialized. They literally have not had an opportunity. We should focus on them now.

If we don't, they will. Or a portion of them will become the predators 15 years from now.... we have predators on our streets that society has in fact in part, because of this neglect, created them. Again, it does not mean that because we created them, that we somehow forgive them or do not take them out of society to protect my family and yours from them.

They are beyond the pale, many of those people. Beyond the pale. And it's a sad commentary on society. We have no choice but to take them out of society. And the truth is, we don't very well know how to rehabilitate them at that point. That's the sad truth."

We must make the streets safer. I don't care why someone is a malefactor of society. I don't care why someone is antisocial. I don't care why they become a sociopath. We have an obligation to cordon them off from the rest of society, try to help them, try to change the behavior - that's what we do in this bill.

They are in jail. Away from my mother, your husband, our families. But we would be absolutely stupid as a society if we didn't recognize the condition that nurtures those folks still exists, and we must deal with that."

Driehaus Active Income Fund LCMAX

Not certain who is responsible for the management of shareholders assets in this fund.

Frankly don't care.

Unfortunate that the portfolio managers appear, by the performance of the fund,  to be utterly clueless. 

The liberal left................

The Beltway lobbyists are looting everything. 

You are truly on your own if you remotely believe anyone in Congress or the Senate is worried about you and the Main Street America you inhabit.

What you have been subject to the last few weeks is utter chaos at so many levels of government.

Imagine the DNC, Basement Biden crowd picking up where Obama left off.........

Could anything be more ugly for America?

Own bonds?

The following analysis shows how allocations to bonds helped limit downside in the last two equity bear markets.

• From September 2007 through March 2009, a simple 60/40 (S&P 500/7-10 Yr. UST) portfolio returned -23.92%. An all-stock portfolio returned -45.76%. The 40% allocation to bonds reduced losses by 21.84%.
• From January 2000 through September 2002, a simple 60/40 (S&P 500/7-10 Yr. UST) portfolio returned –16.41%. An all-stock portfolio would have returned -42.46%. The 40% allocation to bonds reduced losses by 26.05%.

Heading into the two bear markets mentioned above, the 12-month average yield on ten-year U.S. Treasury bonds was 6.66% in 2000 and 4.52% in late 2007. At their lows, the yields fell to 3.87% and 2.43% for 2002 and 2008, respectively.”

A cursory glance at current yields highlights that those benefits are no longer available.

Floored Yields

Holding U.S. Treasuries maturing in ten years or less is likely to provide no price appreciation if yields fall to their record lows. If that’s the case, and given such low yields, those bonds are essentially cash surrogates with outsized risks.

The question for those bondholders is, why hold such bonds? Given the yields are not much above cash yields, they must believe rates can drop to new records. If they did not think that, why not just hold cash?

There are likely two factors that would lead to lower rates for the full maturity spectrum of Treasury yields.

1. Deflation kicks in, boosting real yields, which entices investors to buy bonds.
2. The Fed shows intent to reduce Fed Funds into negative territory.

Deflation?

Currently, inflation expectations are reduced from prior-year levels but are ticking up gradually and still well above zero. It is reasonable expectations fall if the recovery proves elusive.

Contrary, the Fed seems more than willing to push unlimited amounts of monetary stimulus until inflation is running hot. That potentially raises other problems. As the saying goes, “you can’t put a saddle on a mustang.”

Negative Rates?

Most Fed speakers, including Jerome Powell, have come out against negative rates. They seem to have noticed that such policy has damaged European and Japanese banks. The banks own the Fed, and therefore it’s reasonable to assume they will not repeat the mistakes by the other central banks.

“There’s no clear finding that it (negative rates) actually does support economic activity on net, and it introduces distortions into the financial system, which I think offset that,” Powell said. “There’re plenty of people who think negative interest rates are a good policy. But we don’t really think so at the Federal Reserve.” 

-Jerome Powell on 60 Minutes 5/18/2020

We certainly do not rule out negative rates but believe QE is the Fed’s preferred option.

Hedging with Bonds

While the inflation outlook and the Fed’s perspective can change, it appears yields may be at a floor. Based on the table, 30-year Treasury bonds can provide a 10% return if they decline to record low yields. Every other maturity, assuming the floor holds, will deliver cash-like returns in a best-case scenario.

Portfolio managers are in quite a quandary. Will they consider Treasury notes with meager yields and little upside an equity hedge? Are they willing to hold higher duration price-sensitive bonds with limited upside as a hedge?

The benefits of hedging with bonds have certainly changed from years past. It seems unlikely that a 40% allocation of bonds can provide 20-25% downside protection, as was the case in the prior two recessions.

Other Bond Asset Classes

Investment-grade corporate bonds and mortgage-backed securities may also offset equity exposure. The benefit versus Treasuries is they provide a little more yield. The cost for the higher yield are additional risks. Credit spreads on such instruments have a habit of rising at the most inopportune times.

The Fed is actively buying those sectors and not allowing risk to be priced correctly. Accordingly, those risks are minimal for now.  Use caution, however, the risk is higher for individual securities versus funds and ETFs representing those sectors.

Corporate and mortgage bonds offer some additional upside if their respective spreads return to their record lows. For reasons described above, that incremental benefit is limited though. 

GMAFB..........Bubba Smollett

15 Federal agents.   15.   To explain a garage door pull.

To NASCAR.

God help us.

So sick of excuses from so many quarters in life............

I'm sick.
I am way too tired.
I have more important stuff to do.
I will do it for sure tomorrow.
I am way too busy.

The list goes on and on and on.

Chinese Virus

Wouldn't it be great if the criminal looters and rioters would have obeyed government mandates and stayed home to riot?

Here's wishing they would have stayed home and destroyed their own shit!

Wood Ducks

As a young waterfowler wood ducks were impossible to harvest in Minnesota, no birds, no season.  College years in Minnesota  there were a few but not many.  Now the birds are plentiful.

At the Ghost Ranch we raise probably a dozen to two dozen broods every summer.   At Pamelot we raise less than 5 broods per summer.   Nesting boxes are plentiful.  We do what we can to help increase numbers and we take our responsibility to control snapping turtle numbers very serious.

Here is a couple of pictures we were lucky to get.  Enjoy!

Fishing. It's all perspective.................

Ghost Ranch. Greeting the day!!!!

Mom always said that God has the best paintbrush!

America, June, 2020

Every so often riots and looting erupt across the United States. 

Be honest, this week wasn't about George Floyd.  It was the free shit army wanting some loot.

Since George Floyd died, the looters (criminals), not the peaceful protestors,  and I applaud them, have killed more unarmed black Americans than the police.

If only blacks would stop killing blacks in Chicago.

Check this out if you want some statistical analysis of killings.

Day after day, month after month, year after year.

Dead blacks.

Black Americans in Chicago DEAD!

Rogue policeman are out there.  Like in every profession.  Rogue doctors, (usually addicts) kill far more Americans than rogue police.  We are not a perfect nation.

It's without a doubt, the LEAST DISCRIMINATORY country on the planet.   Having traveled 6 continents, the 7th is on my bucket list, I can attest America is the greatest nation on earth to prosper no matter what color you are. 

Gratitude. Family. Love. Pride. Thankful.

Congratulations son!!!

Spring,  2020

The University of Georgia

Bachelor of Science

Electrical Engineering

Proud of you, always a spark!

April 2020 Montana Quarantine