Skip to main content

Let the buffalo roam

 Everywhere you turn lately there is a story about someone having a negative encounter with the bison in Yellowstone National Park.  It seems that no one remembers the number one rule of national parks is take only pictures and leave only footprints.  It is impossible to accidentally encounter a bison, they average 8 feet tall and the ground shakes for every bit of a hundred feet when they approach.  If you 'encounter' one you are actively doing so deliberately.  

For each living bison there were one million bison slaughtered at the turn of the century.  Our government did this because they were actively trying to starve all of the native Americans.  Leave the bison alone, before some waterhead politician decides they are a public safety issue.  Put some of the rangers to work handing out tickets for harrassing the animals and write about that.  PS: Drop a half-eaten bag of fries out the window of your car in Yellowstone?  $5000 fine.  Believe it.

Comments

Popular posts from this blog

The 90/90/90 Rule

     Someone, somewhere made a rather tongue in cheek statement that is almost infallible when describing people that trade in futures. 90 percent of the people lose 90 percent of their net worth in 90 days, this is the 90/90/90 rule. When you think about it, there was a very good reason that margin trading was made illegal post crash in 1929. The moneyed class would do favors for each other and the bankers let the speculators trade on margin, asking that only 10 percent be put up as collateral for a trade that leveraged 10 times as much of an equity/commodity. The problem with margin trading is that you always trade at a disadvantage and eventually you lose. Greed will force you to leverage more than you can cover and you go broke. In 1929 the banks that let you do this ended up holding the bag on all of the bad margin calls and they went broke too. Nowadays, margin houses do this: whatever contract you buy, put or call, they buy the opposite...