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Opening Day in baseball. When I was a little kid, my favorite baseball player was Ernie Banks. 1969 Cubs broke my heart. I hate the Mets. No sympathy for them since they are caught up in the Maddof scheme. I am happy the Ricketts family bought the Cubs. They will become beloved owners.

Eamus Catuli

The march of technology affects baseball.

The other day, we linked to Take A Reportwhich had a blurb about it being worse in Japan than they were letting on as far as nuclear radiation was concerned. I hesitated to link to it, because it was an unproven rumor. But, it looks like it might be true.

My friend Rick Santelli is glad the Fed can’t monetize corn.  We are entering a dangerous situation.  40% of our corn crop goes to a useless fuel, ethanol.  One contract at $CME is worth 5,000 bushels. The world is using our stockpile of corn at five times the normal rate.  We plan to plant 92.4 million acres this year. The average yield is 183 bushels/acre.  That’s 16.9 billion bushels of corn.  10.1 billion bushels for food, almost 7 billion for gas tanks.  Does that make sense?  You might say in a way, the Fed is indeed monetizing corn because they are keeping the dollar cheap and driving up the cost of commodities. We might not be in for simply inflation, but STAGFLATION. If you are under the age of 45 look it up. ($GE, $MON, $POT, $ZC_F, $ADM, $JD)

Irish banks are out of beer money. ($BUD)

Libyan owned bank draws five billion, that’s billion with a B, from the Federal Reserve.

I don’t know how you feel about David Sokol and Berkshire, but at the very least there was a conflict of interest that should have been disclosed.  This is a topic for a blog post another day.  I hate to make snap judgements on these things, but if I were an Oracle, I’d be ticked. ($BERK.A)

As scions get old, the world worries about who will succeed them. ($BERK.A)

What will social networks look like in five years?  Here is a hint-cloud girlfriends.

From the liberal Huffington Post, Kasich signs union bill into law. How come all the idiots that protested in Madison, WS weren’t in Ohio?  What does that say about Wisconsin and Ohio?  Were they giving out free beer in Wisconsin?  They couldn’t have been, no Irish bankers where there. ($TAP)

If you have never had a durian, you ought to try it once in your life.  I tried it in Singapore once.  Amazingly smelly.  But, after the third bite it’s actually pretty good. Here is a vid on how to open and eat one.  It’s illegal to transport them.

This is why they call the Republicans the “stupid” party. I am in the GOP’s corner when they want to stop federal funding of organizations like Planned Parenthood. But, I am not in their corner when they limit the use of HSA’s. It’s my money, let me spend it how I want. Besides, don’t they have better things to do like cut federal spending?

Here is someone who thinks they are clairvoyant.  Gene Fama is sticking his tongue out at you.

I am glad the Republicans are trying to scuttle Dodd-Frank.  I am also glad Mary Schapiro is seen as inept.

Everyone loves Harry Carey. When I was growing up he was the Cardinals(Bud), and the White Sox (Falstaff) announcer. The Cubs are always Jack Brickhouse(Hamm’s) to me. I don’t know where the heck in Chicago he shopped for clothes, but I hope it’s out of business.

Hey Hey!

Hope springs eternal.

Read more at Points and Figures



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