Powder Blue Report

News, finance, politics, sports, and fun from the west coast

Tuesday, May 31, 2005

W. Mark Felt Is "Deep Throat"

Mark Felt has revealed to a nocal reporter that he is Bob Woodward's famous source know as "deep throat". This is amazing. All the speculation has been focused on Fred Fielding and a few others. My guess was Fielding, but I was wrong. I will post more about this later today.

Wednesday, May 25, 2005

Hillary Clinton Countdown Clock

I had a great idea during one of my recent brainstorms. I am going to put a "Hillary Clinton announces for President" countdown clock on my blog. I just have to find the right HTML code to accomplish this. We all know that she is running, so I want to put my guess of the general month she announces on the record so to speak. My guess is that her formal announcement will be made sometime in February 2007. Why that month you may ask? She won't make the announcement during the Christmas holiday season. My guess is that she waits until Feb because that will give her plenty of time to fundraise and line up endorsements,etc. I will also be watching the wagering on Tradesports to see how much of an edge the betting public is putting on Hillary.

Tuesday, May 24, 2005

John McCain Sells Out GOP Senators Again

Once again Senator John McCain is the darling of the media for putting together this so called deal on judges. I hope he is not planning on running for President again because he is not earning any points with the party faithfull. In fact he has been doing nothing but getting negative points with the base as far as I'm concerned. He is going to get his ass kicked again in first states like Iowa and South Carolina. We had the democrats beat and he snatched defeat from the jaws of victory. I'm so pissed right now at him that I will never ever vote for him. How can we trust him to have our back when he will sell out the party and its principles for pure political grandstanding. Sure the liberal media love him and call him a "maverick". He eats it up. I still think though that Majority Leader Frist has the best cards. If there is one whiff of a filibuster from the democrats, he will not hesitate to invoke the constitutional option.

Monday, May 23, 2005

Deal Reached On Judges

The news of the night is that a deal has been reached on federal judges. I will have to read the fine print of the compromise, but I have some initial thoughts. The deal sounds disappointing for Republicans. It still does not give an up or down vote to Henry Saad and William Meyers. It does get Janice Rogers Brown and Pricella Owen confirmed which is great. It also guarantees an up or down vote for any Supreme Court vacancy when it occurs barring "exraordinary circumstances".

Sunday, May 15, 2005

Tonight's Survivor Palau Finale

It's the night we've all been waiting for. Tonight is the last episode of Survivor Palau. It has been another great season of Survivor. I still wish that Stephanie was in the running, but alas she is a member of the jury that will pick the ultimate winner. If they do like what they did on Survivor All Stars and give away an extra million dollars, i'm sure that Steff would get America's vote for the money. So here is my guess for tonight's winner........drumroll please..........It is going to be firefighter Tom from New York. I'm out

Saturday, May 14, 2005

Buying Versus Renting A House

I have written on this subject before. It is not an easy answer. It all comes down to where you live in my opinion. Make no mistake about it though. Right now there is a huge real estate bubble just ready to burst. It's really just simple economics if you break it down. You have only 10% of the population able to afford a median priced home here in California and certain other parts of the country. You also have interest rates on the rise. Over 50% of people have an adjustable rate mortgage now. That is a ticking time bomb ready to blow. The bottom line is that this feels like the NASDAQ 2000 stock market. It costs less to rent now than it does to own. Alot of people think that by owning a home they have an asset. A home is liability! An asset is something that throws off income like owning a mortgage or bond. I'll give an example. When I moved into my house back in 1998, the rent on the place was $1325/month and the house was priced at $205k. Right now, the same house is selling for about 550k and leasing for $1800/month. Do the math. It's cheaper to rent now than own. If you put 10% down, that's $55k. You would have a 90% 30 year mortgage @ 6% right now. That's $2,982/month versus $1800/month by renting. Here is another good article about this subject

Thursday, May 12, 2005

Who Will Get Voted Off Tonight On Survivor????

My guess is Jen. You could tell that she was pretty upset when Greg got voted out last week. She looked like a deer in the headlights. On the preview for tonight's episode you also have Katie and Ian having a go at each other. It will be fun to watch. On another note, I also watched the final episode of the Amazing Race on Tuesday. I am really beginning to like that show also. I was rooting for Ron & Kelly, but they were at each others throats to much to focus on winning I think. Rob & Amber came in second and the black couple(forgot their names) won.

Tuesday, May 10, 2005

Senate Showdown Next Week

Harry Reid and the democrats have "moved all in" to coin a poker term. I hope Bill Frist is right when says that he has the votes to force a vote on the pending appelate judges. I wrote a few weeks ago that the Senate should not get rid of the filibuster. I still believe that for legislation, but judges are just too important. The vote next week is a cliffhanger. McCain, Chafee, and Snow are already on record saying that they will vote with the democrats. That means that we can only afford two more defections to and still win the vote. I'm very nervous. I have no idea how it will come out. Both sides claim they have the necessary votes to win. I think Sen Frist has to use every weapon at his disposal to make sure he gets at least fifty votes. If he does that, then Vice President Cheney can cast the tie breaking vote in favor of confirming the said judges. I know I will glued to the net and the radio next week to see what happens.

Friday, May 06, 2005

Annual Jim Rome Smackoff Today

I look forward to each smackoff every year. This year was no different. I thought Terrence from Sierra Madre should have won today, but it wasn't meant to be. Terrence came in third. Honorable mention goes to Greg in Las Vegas. His smack about blind,deaf and paralyzed people never ceases to amaze (and get me belly laughing to the point of spitting out my coffee). The winner ended up being Sean the Cablinasian from Houston. His smack does flow very smoothly. It sounds like most of the callers are still reading their calls though. I would have wished Irie Craig and Jeff from Richmond would have made it in, but they were shut out or didn't call. Silk bra from Huntington Beach had the weirdest call of the day pulling a Barry Bonds and saying that he's giving up and this is his last call. I still can't decide if it was real or not. If it was not, it was a pretty brilliant spoof on Barry Bonds. So congrats to Sean from Houston and Terrence is still the Phil Mickelson(pre Masters win) of the jungle.

Scoreboard Sen Reid...Your The Loser

In yet another sign of no positive agenda, the minority leader of the Senate called President Bush a "loser" today in front of some school kids in Las Vegas. That's about the best the democrats can do these days is call the President names. How can he objectively call President Bush a loser when his party has gotten their ass kicked the last three elections? They have absolutely no positive message whatsoever coming out of their caucus. They are about to be shown the true meaning of power when Sen Frist and rest of the Senate GOP caucus use our strengthened majority to push through all of our judges. Who's the loser now? Just look over at the scoreboard dinge-e Harry. It never lies.

Thursday, May 05, 2005

California Border Police Initiative

There have been alot of positive stories lately dealing with curbing illegal immigration. The latest to come down the pike is an ballot initiative here in California sponsored by state assemblyman Ray Haynes(R) of Temecula that would set up a state border patrol police force to conduct interior sweeps(wahoooo!), busting businesses that hire illegals, and any other support activities that would be helpful to stem the flow of illegals. Basically it is a comprehensive proactive solution to a huge problen that California has faced for the last generation. The federal government has not done the job. All this does is plug holes in the porous border problem. I really can't see any downside to this. Sure the La Razas and the Mecha types will scream their usual racism and bigotry rants, but that is to be expected. I'm shocked that this wasn't thought about alot earlier.

Happy Cinco De Mayo

I'm going to amaze some people here with my memory, but I still remember to this day my third grade teacher telling our class about the history behind Cinco De Mayo. As I recall she said that the Mexicans were outnumbered by French and opposition forces by roughly a 2 to 1 margin in the Battle of Puebla. The mexicans defeated the soldiers and hence declared their independence from Spain. My modern history with this "holiday" is from my college days where today was a good excuse to miss class and go get sloppy drunk with my frat bros. Viva Cinco De Mayo.

Ann Coulter's UT Appearance

Everywhere Ann Coulter goes, she causes the liberals to lose all their self control. They just can't help themselves I guess. Ann has been on a barnstorming tour of various college campuses during the last year. Yesterday while visiting the University of Texas campus, Ann was shouted down and some loser thought he was being funny by asking Ann (I'm paraphrasing), "do you like to be f***** in the a** or something to that effect. Now that took brains. Wow alot of thought went into that question. Needless to say he escorted out and arrested for disturbing the peace or something. I have some advice for the college libs out there. How about trying to have a civil debate? Ask some enlightened questions, have some back and forth. Don't come out with your "do you like being blanked in the blank". On another note, Ann you need to eat some food. I'm getting a little worried about you. You look all of about 90 lbs. Just a thought. I'm out.

Wednesday, May 04, 2005

Survivor news

Let's talk about something really important now. I can't believe that I haven't written anything about it yet because I am addicted to the television set every Thursday night at 8pm sharp. What you might ask am I refering to? Survivor baby! That's right. There isn't much on the major networks anymore worth watching, but Survivor gets my undivided attention every Thursday night. I love this show. I would love to be a contestant someday on the show if it lasts long enough and I get lucky and get selected. I guess it's like playing the lottery. You can't win if you don't play and I haven't sent in my video yet. I have a good buddy that I go hunting with who also wants to be on the show. We have resolved to make those videos sometime this year and send them in. I think my favorite player for this season in Palau is Stephanie. I was pretty bummed that she got voted off, but that is part of the strategy of the game. You can't appear too strong or to weak. She kicked ass on all the challenges and all the other players knew it. I think NYC firefighter Tom is the next one to go unless he wins immunity. You have to blend in and let others hang themself. My prediction for the winner of this season in Palau is Katie.

Tuesday, May 03, 2005

Buffalo Man Wakes Up After Nine and Half Years

This story came out of nowhere this morning. It is an absolutely amazing story and probably will give pause to all the people who are quick to pull the plug on "brain dead" people. I bet Terry Schiavo is smiling up in heaven today on the Herbert family. It just goes to show that miracles can happen at any time and as long as someone is alive, it's probably a good idea to leave the food plug, ventilater, or other lifesaving devices plugged in. Evidently this Buffalo man, Donald Herbert, had been seriouly brain damaged(like Terry Schiavo) during a work related accident (he was a fireman)about nine and half years ago. I hope this puts to rest the notion that is impossible to "wake up" after such an episode. Just think, if Terri was lift alive also, she might also be speaking to her loved ones right now. I'm so happy for the Herbert family.


I hope no one tells Mr Herbert that one of his current senators from his state is Hillary Rodham. He's apt to slip back in another coma upon hearing this news.