Monday Dec 8 2014
https://www.youtube-nocookie.com/embed/-T7zyezBkuY?rel=0
I hvea no idea how many takes it took to record these shots but well worth it, enjoy!
Accounting & Investing Info for San Antonio A & M
Monday Dec 8 2014
https://www.youtube-nocookie.com/embed/-T7zyezBkuY?rel=0
I hvea no idea how many takes it took to record these shots but well worth it, enjoy!
Thursday Dec 4 2014
Sears SHLD losing half a billion dollars and closing more stores. So how do you mae more money by closing stores, you don't. I would say, why wasste time, call the auctioneers.
Tuesday Nov 2 2014
Russia is now about the same size economy wise as Spain. Considering one in four Spainards are unemployed that is hardly good news.\
The article includes a good table on world economies.
Between
the sanctions from invading the Ukraine
the 30% drop in the price of oil
the drop in the Ruble as a result of both
Putin's bet on oil for 50% of the Russian Economy
will Putin survive all this?
The importance of currencies is reflected in the inclusion of currency hedges in comprehensive other income in a firm's financial statements.
Weekend Nov 29 2014
We have moved from Jimmy Stewart's It's a Wonderful Life 1947
to
and various versions of a Christmas Carol, my favorite has Rich Little in the main roles.
For a replacement and update I suggest The Family Man Sucessful Wall Street Banker Nick Cage has it all, the scene featuring his closet in the Manhattan condo is alone worth watching the movie, he drives a Ferrari 456, does big deals on Wall Street, is a bachelor with gorgeous gals aplenty and then
he wakes up in New Jersey with his girl friend played by Tea Leoni, from 13 years ago. Now he is a Dad with to two kids, drives a mini vand sells tires in his Father in Law's store. And don't miss the cameo played by Don Cheadle introducing Nick to his alternate life that might have been.
It is the classic story of a parallel life not lived. Check it out.
Weekend Nov 29 2014
Mike Villarreal has an op ed piece on page F 6 in the Express News today. I cannot find it on the website which is typical of the mysa.com site. At any rate
Mike is running for Mayor
The City Manager Sheryl Sculley maintains the cost of today's contracts take 66% of the general fund. By 2031 it will take the entire general fund.
Police and fire maintain it only costs 50% and that cost has been constant.
AS he says both numbers cannot be right.
This came about by past city administrators simply allowing gold plated contracts which do not require police and fire to pay anything for their helath insurance.
Villarreal is correct, an indpendent audit is needed. The police and fire group are now running ads featuring the high salary of the City Manger, charging she is over paid. This is hardly the point, if she worked for a dollar a year the police and fire contract would still be bleeding the city.
No matter who might be chosen for the task, the numbers would certainly stand seroius scrutiny and the auditors woul dneed excellent communication abilities.
Friday Nov 28 2014
This is technically a bicycle with an electric motor. As such it does not required license for the vehicle or the operator. If it had a gasoline engine it would. I am not sure a gasoline engine would not be a better idea but the website does mention adding batteries for more range.
Apparenlty the bicycle side of it allows it on the street whereas a golf cart is not legal, which makes no sense really. I have long advodcated allowing a Kawasaki Mule on the street, after all governments use them in parks and such and it is okay for them to drive on the street.
Oh, list price is $5495.

Thursday Jov 27 2014
Companies are preparing for new lease rules. As the article states, leases for more than one year will have to be on the balance sheet.
Many accounitng rules are being changed and this is oe of them. It will require a re write of Chapter 15 in the spiceland intermediate text. A new 8th edition is out this spring.
Monday Nov 24 2014
I have posted some or part of Ralph Waldo Emerson's famous essay on gifts the last several Christmas seasons. I have posted prior to the nutcase day otherwise known at Black Friday. On this day stores open at ridiculous early hours. Limited numbers of cut rate bgargains are offered to entice shoppers to the store. To this sort of thing, Emerson said, nuts, but in a considerably more lofty tone.
He wrote these essays in 1844. . Tmes change, people do not. The only gift is a portion of thyself, it is a cold lifeless business when you go to a shop to buy me something, well put Waldo.
"Gifts"
By Ralph Waldo Emerson.
IT is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay, and ought to go into chancery, and be sold. I do not think this general insolvency, which involves in some sort all the population, to be the reason of the difficulty experienced at Christmas and New Year, and other times, in bestowing gifts; since it is always so pleasant to be generous, though very vexatious to pay debts. But the impediment lies in the choosing. If, at any time, it comes into my head that a present is due from me to somebody, I am puzzled what to give, until the opportunity is gone. Flowers and fruits are always fit presents; flowers, because they are a proud assertion that a ray of beauty outvalues all the utilities of the world. These gay natures contrast with the somewhat stern countenance of ordinary nature: they are like music heard out of a workhouse. Nature does not cocker us: we are children, not pets: she is not fond: everything is dealt to us without fear or favour, after severe universal laws. Yet these delicate flowers look like the frolic and interference of love and beauty. Men use to tell us that we love flattery, even though we are not deceived by it, because it shows that we are of importance enough to be courted. Something like that pleasure the flowers give us: what ant I to whom these sweet hints are addressed? Fruits are acceptable gifts because they are the flower of commodities, and admit of fantastic values being attached to them. If a man should send to me to come a hundred miles to visit him, and should set before me a basket of fine summer fruit, I should think there was some proportion between the labour and the reward.
For common gifts, necessity makes pertinences and beauty every day, and one is glad when an imperative leaves him no option, since if the man at the door have no shoes, you have not to consider whether you could procure him a paint-box. And as it is always pleasing to see a man eat bread, or drink water, in the house or out of doors, so it is always a great satisfaction to supply these first wants. Necessity does everything well. In our condition of universal dependence, it seems heroic to let the petitioner be the judge of his necessity, and to give all that is asked, though at great inconvenience. If it be a fantastic desire, it is better to leave to others the office of punishing him. I can think of many parts I should prefer playing to that of the Furies. Next to things of necessity, the rule for a gift which one of my friends prescribed is, that we might convey to some person that which properly, belonged to his character, and was easily associated with him in thought. But our tokens of compliment and love are for the most part barbarous. Rings and other jewels are not gifts, but apologies for gifts. The only gift is a portion of thyself. Thou must bleed for me. Therefore the poet brings his poem; the shepherd, his lamb; the farmer, corn; the miner, a gem; the sailor, coral and shells; the painter, his picture; the girl, a handkerchief of her own sewing. This is right and pleasing, for it restores society in so far to the primary basis, when a man's biography is conveyed in his gift, and every man's wealth is an index of his merit. But it is a cold, lifeless business when you go to the shops to buy me something, which does not represent your life and talent, but a goldsmith's. This is fib for kings, and rich men who represent kings, and a false state of property, to make presents of gold and silver stuffs, as a kind of symbolical sin-offering, or payment of black mail.
Weekend November 25, 2014
I emphasize the importance of picking an accounting certification early on, and working toward that while completing your studies.
In the Taste section the San Antonio paper this wekeend I discovered that yes there is a
Certified Kitchen Designer CKD , who knew?
And the NKBA feature six more designations including, yes,
Certified BAthrom Designer, CBD and of course it follows
Certified Bathrom Educator CBE
Now you know.
Weekend Nov 23 2014
Rear Admiral Timothy Giardina the number 2 commander of US nuclear forces was fired from the job.
A 1979 Naval Academy Graduate had his DNA on the underside of an adhesive sticker used to alter genuine $1 poker chips to look like $500 chips. He was caught using the chips in June of 2013.
If you saw the movie Casino and how deNiro dealt with someone cheating in his Casino, I am stunned Tim could continue to be in any casion, but apparently continued his 15 hour per week habit.
There are lots of ways to lose one's respect and repuation, here is another.