2nd Amendment at work: Great Depression

Here's a story from a comment at Calculated Risk (by Hazard):

As far as foreclosures go my father once told me that he attended quite a few foreclosure auctions in the 1930s. This was in the rural south.

And those auctions proceeded as follows.

All local residents attended bringing their hunting rifles and shotguns. When each house (or farm) came up for auction the original owner of it bid $1. The residents then pointed their loaded waepons at the sheriff and auctioner. The house was then sold to the only bidder for $1.

A nice way to keep the government and taxation (without representation) in check....

Copyright 2007, DannyHSDad, All Rights Reserved.

Big Changes: job, home, investments

I have taken a job in Orange County so we'll be moving this weekend and I'll start a new work next week. My internet access will be out for a while so don't expect much the next week or so. [but then I haven't been actively posting these days]

Also, I have been neutral towards stock market and have been mostly cash. I did have S&P500 fund for several years although only 12% of my investments. I cashed it in Feb right after the big drop. Today, I have gone negative and invested the same amount into SH. I'll probably put more in over time. I've been fairly negative about stocks but I was in cash until now. Take a look at some housing bubble blogs on what's happening and why I think the tide is turning regarding the market.

Copyright 2007, DannyHSDad, All Rights Reserved.

Gen Y not ready to be slaves

I read "Gen Y often lacks desired job skills" and thought why shouldn't they keep their attitude and way of life? If more than one are "slackers" (from those of us who are older), then it seems that there are opportunities to serve other slackers and profit from it. Just as DJ's and musicians leeches off these Gen-Y, why not enable Gen-Y to profit from each other by meeting the needs of their peers (and others interested in their "culture"). Sounds like an opportunity to me and a chance to never be beholden to "the man."

Now, unfortunate fact of this world is that there are evil people who would prey upon Gen-Y and we are conditioned to think that mommy government suppose to protect them but it is us the parents who need to raise up children who can handle such attacks on their own. Isn't this the very nature of becoming an adult? At 18 they are legally on their own and just as we taught them to battle cars (in crossing the road), we need to get our children to battle the dangers of other adults (everything from financial to emotional and spiritual scammers).

Copyright 2007, DannyHSDad, All Rights Reserved

Accidental Deaths

National Safety Council has a new report out: "Accidental Deaths Increasing at Alarming Rate Poisonings, Overdoses Seeing Greatest Gains: One Person Killed by an Accident Every Five Minutes"

Here's a sobering summary:

For people between 1 and 41 years of age, accidents are the leading cause of death in the nation. While accidents continue to be the 5th leading cause of death overall, exceeded only by heart disease, cancer, stroke and chronic lower respiratory diseases, accidental deaths are increasing at a greater rate than that of any of the top four causes of death.

Their charts for 2005 (preliminary) is good too:

1. Motor-vehicle 45,800
2. Poisoning 20,900
3. Falls 17,700
4. Choking 4,600
5. Drowning 3,600

So, don't get in cars, don't put anything into your mouth and don't stand up....

Copyright 2007, DannyHSDad, All Rights Reserved.