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A conversation with a NH Conservative called Tim

Posted by zapdoodat on Friday, January 11, 2008 12:00:00 AM
I remember back in 1993, I was going to night school to get my MBA at Rivier College in New Hampshire.

A 'high-powered' New Hampshire banker was to show up one night and give a presentation during class.   Well, that very day, the FDIC closed down four of the five largest banks in New Hampshire.   It ended up being the state with the worst bank failure rate in the country during the Savings and Loan crisis.

The banker showed up to class, anyway.   He admitted, sometime during the presentation, that 'had the banks in liberal New York been run as haphazardly as in tough, conservative, prudent New Hampshire, then we would all be in a depression now!"

I went up to Tim's about a week later, to see a Patriots' football game, and told him that story with the banker. He said "Shhhhh…the game is about to start, you fool."

Tim and I had some short chats about the S&L crisis, in general, and I told him some things I had learned in my banking class.   Tim told me that there were going to be some excellent buying opportunities in real estate, very shortly.   I told Tim that I had seen a short clip on the news of Ronald Reagan signing the Savings and Loan Deregulation legislation sometime in the 1980's and Ronald had exclaimed at the signing, "I think we hit the jackpot!"

Later, I asked him, "Do you know what negative amortization scheme means?"

Tim said, "Bone, like I've said before, I never took a foreign language in high school."   Then, Tim said, "Isn't it time for you to go home?"

I said, "It's only half time."   

Tags: Bailout  
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Should the USA go to Mars again?

Posted by zapdoodat on Tuesday, January 01, 2008 12:00:00 AM

A Conversation overheard at a gym between two guys on treadmills. One guy was dressed in a yellow shirt called Lance, and the other, rather pudgy, is called Mr. Bean.

Mr. Bean - "Did you see the space-shuttle launch today?"

Lance - "No, I never watch it, I actually think people, in space, is a big waste of money."

Mr. Bean - "Wow, don't you think thinking like that is un-American?"

Lance - "No, I just think it's a big waste of money."

Mr. Bean - "Our country has learned so much science and technology from the space program, don't you think so?"

Lance - "Well, that may have been true when we went to the moon over 40 YEARS AGO, but now… are you kidding?"

Mr. Bean - "Yeah, but it motivates young people to want to learn science and technology."

Lance - "You got me there, Mr. Bean, I mean, our high school kids are number one in science and technology amongst the industrial countries, aren't they?"

Mr. Bean - "Well, actually, we are pretty close to dead freaking last."

Lance - "Wow, you really think the best way to spend 10 to 15 billion dollars every year of our precious R and D money is on some BIG government program that just does the same thing, over and over and over again? Holy Cow, I remember we had a space-shuttle landing dorm-party back in 1984!"

Mr. Bean -   "God, you must be old Lance, but it makes me feel so proud to be an American when I see a space-shuttle launch."

Lance - "Do you remember that we already went to Mars with a robot, took pictures, and found out it's barren dust and rock."

Mr. Bean - "Wouldn't it be cool to go there again and have an American jump off the mother ship and plant the USA flag there."

Lance - "How much is that gonna cost?"

Mr. Bean - "Who cares?"

Lance - "Don't you think it's more important to put all that money into giving small and medium size technology companies investment tax credits that make microprocessors, memory chips, personal computers, mp3 and DVD players, HDTV's, biotech, nano-technology and other consumer goods that people buy?"

Mr. Bean - "No way, I just buy that stuff from Japanese, Korean, Taiwanese and Chinese companies."

Lance - "Hey, did you ever make that model of the lunar landing module when you were a kid?"

Mr. Bean - "Yeah, the one advertised in TV Guide for a dime? That was REAL COOOOL, the hardest part was to get that crinkly "gold" foil on."

Lance - "Gee wiz, you must be as old as me! 

Mr. Bean – "I'll bet you the models are made here in the good ole USA!"

Lance – "You got me there."

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Oh, by the way, Mr. Bean is a self-described libertarian who votes Republican, drones on incessantly about tax cuts and says he HATES the government.

And Lance believes that the space-shuttle, the International Space Station, a future moon base and going back to Mars is a big waste of taxpayer's dollars and is a self-described secular-progressive.  

Go Figure!!

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