Michael Lebb and the Blog

I wanted to throw this blog out there even though I will not be maintaining it over time. The main blog for michael lebb is http://1mjl.com/ and the twitter account is http://twitter.com/1mjl. Stop by. Read. Enjoy.

Saturday, October 15, 2011

TSA Satire Bill Pending!

TSA Satire Bill Pending!

Sunday, August 7, 2011

US downgrade 'sounds alarm bell': China media


Standard & Poor's US debt downgrade was a wake-up call for the world, a commentary in a top Chinese state newspaper said, adding that Asian exporters faced special risks.
Citing economist Sun Lijian, the People's Daily on Sunday said Standard & Poor's Friday cut to the US' credit rating from the top notch triple-A to AA+ had "sounded the alarm bell for the dollar-denominated global monetary system".
ece follow a stinging attack launched by the official Xinhua news agency on Saturday, which said Beijing had "every right" to demand Washington safeguard Chinese dollar assets.
The comments carried in the Communist Party mouthpi
China -- which sat on the world's biggest foreign exchange reserves of around $3.20 trillion as of the end of June -- is the largest foreign holder of US Treasuries.
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If the US were on the other side of this, and we owned China debt, we would be saying the exact same thing. And if we did not, once again, there would be something wrong with our politicians!

Asia stocks fall after U.S. downgrade


SYDNEY (MarketWatch) — Asian shares dropped on Monday, with investors shaken after a U.S. government debt downgrade.
Japan’s Nikkei Stock Average JP:100000018 -1.78%  fell 1.7%, while the Australian S&P/ASX 200 index AU:XJO -1.80%  lost 1.7% and South Korea’s Kospi KR:0100 -3.07% declined 3.3%.

The losses were worse for Chinese shares, as Hong Kong’s Hang Seng Index HK:HSI -3.90%  dropped 3.8%, while the Shanghai Composite IndexCN:000001 -3.68%  fell 3.7%.

http://www.marketwatch.com/story/asia-stocks-fall-after-us-downgrade-2011-08-07
Click to Play

This will be a historic week ahead in the markets.  The US market will be effected by not only the downgrade from S&P, but also by the ECBs decision to buy Italian bonds.

Sunday, May 15, 2011

An Increase In Oil Production Via Obama

Very sad but kind of funny knowing that oil production can take 10- years based on having to develop new technology.  I think we should make a move in the next 90 days to lower gasoline prices.  But you probably would not be in rush to see things happen if you did not pay for the gas going into your gas tank either.

Go to the page below and see a potential solution to lower your gasoline cost in the next 90 days.





http://1mjl.com/economics/an-increase-in-oil-production-via-obama


This is a video that is sad due to the lack of real solutions offered by the leader of the free world.

http://clipsyndicate.com/video/playlist/8178/2462324?wpid=9171

Friday, May 13, 2011

Video of Stew Leonard

The WSJ had this video of Stew Leonard talking about customer service and how he operates his chain of grocery stores on the East Coast.
He makes some great points in this short video and offers ideas that might be applicable to businesses outside the grocery store chain.

You can find this interesting video here---------

http://1mjl.com/leadership/stew-leonard-talks-customer-service

Wednesday, May 11, 2011

Buisness Owners Attempt To Find Exit Door

This is a great article about a real business owner that, like a lot of owners is wondering how to exit the successful venture he started more than 20 years ago.

If you are considering opening a business or exiting a business, this article might offer you the insight you are looking for.

http://www.nytimes.com/2011/05/12/business/smallbusiness/12sbiz.html?_r=1&partner=rss&emc=rss&pagewanted=print

http://www.1mjl.com/

Starbucks chief takes aim at speculators: report




Howard Schultz, president of Starbucks Corp.has attacked speculators for pushing up the price of coffee to a 34-year high, the Daily Telegraph reports Wednesday.  Schultz said that more transparency is urgently needed to identify those responsible for pushing up raw material prices, the report adds.  

Howard, if he is not already, needs to be hedging his coffee purchases in the open market.  If he is already hedging, he needs to work with a company that actually makes him money by hedging his purchases.

Schultz goes on to mention the growers that are getting the smallest portion of the inflated price of coffee. This is getting too funny. Anyone that provides a market with liquidity, is now a villian.  Please give it a rest now Howard and focus on making a cup of coffee that does not taste as if the beans were roasted for more than 1 year.



Tuesday, May 10, 2011

White House struck by lightning on Easter 2011

This photo is pretty amazing.

I am not sure about the odds of the White House getting struck by lightning on Easter, or how often if ever, it has happened.  And there is a good chance that the strike itself could have hit behind the building itself.

http://www.1mjl100.com

https://twitter.com/#!/1mjl 

Arizona Liberals Hope to Create America's 51st State: 'Baja Arizona'

 Political tensions have been high in Arizona for a while now, but now some liberals are actually talking about seceding from the state. Lawyers and activists from Pima County, Reuters reports, are pushing to create America's 51st state, titled Baja Arizona and encompassing the Democrat-heavy Tucson and the southern county of Pima as a whole. The movement and idea of Baja Arizona dates back to the anti-war protesters of the 1960s, but this year's renewed interest includes signature-collection for petitions and ambitions to add the question to the November 2012 ballot. As Reuters observes, the new state would beat several others in land mass (Rhode Island, Delaware, Connecticut and New Jersey) and in population (Alaska, Montana, Wyoming or the Dakotas).


Arizona liberals in Tucson, want to split the state of Arizona into 2 states with the state to the South called "Baja Arizona". If there is one way to lose the immigration debate from both sides of the aisle, you can guarantee that this will be it.  This has not happened since the days of the Civil War.

It would be hard to see this taking place, when the state of California is such a mess fiscally. This division would almost surely be followed by a California style operation.  Then 5 years after the golden beginning, they can live the dream by watching their municipal bonds be worth close to nothing.

Haven't we learned anything in the last 4 years? Why would even think about destroying the best state in the US?

http://www.1mjl.com

https://twitter.com/#!/1mjl 

Monday, May 9, 2011

China urges US to lift export controls

WASHINGTON — China Monday urged Washington to lift export and investment controls directed against Beijing, saying such a move could go a long way towards conquering the steep trade imbalance between the two powers.
But in their annual bilateral dialogue, US officials continued to press Beijing over its allegedly undervalued yuan as a way to redress China's $273 billion trade surplus with the United States.
"The way to resolve this imbalance is to ease the export control regime of the United States towards China and to encourage US exports to China rather than restricting Chinese exports to the United States," Chen Deming, the Chinese trade minister, told reporters.
Chen said Washington's forex argument over the trade issue between the world's two largest economies "is not founded."
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It will help if the US exhibits a "pair" of guts! Negotiations with China need to be a little hardcore vs. what they have been for say 2 years (but prob. more like 20 years over certain administrations) . You really have to spine up if you are going into a room with the "new" world leaders that have been eating your lunch for for so long, and their currency manipulation allows them live a quality life while growing a country of epic proportions.

www.1mjl.com

https://twitter.com/#!/1mjl 

Michael Lebb

Sunday, May 1, 2011

City Workers Make Porn Film While on the Job (No Government Leadership)

City officials failed to discipline two traffic officers who appeared in a pornographic film while on the job, NBC4 LA has found.
This video shows the lack of government leadership when it come to enforcing the rules their department operates under. In a government hierarchy, the leaders are expected to stay on top of situations such as this, and not need the media to push them “to do the right thing” in terms of investigating tax dollars being spent so someone can soil the uniform they wear in a porn video, while they are being paid to perform the task for which they are employed. To me, this has very little do with porn, or the city employee that shows up in the porn video. But this video has everything to do with the (lack of) leadership of the Los Angeles traffic enforcement. The 2 individuals in the video that are on top of the chain of command, exhibit less than honest responses to the inquiry, if what we are seeing in the video is true. Will the residents of Los Angeles ever NOT get ****** when it comes to government?

City Worker Porn Video

Michael Lebb

http://1mjl.com 

Twitter @1mjl

Saturday, April 30, 2011

Wondering What ObamaCare Looks Like(Graphically)?

Filed in an amicus brief on 11-11-2010, this diagram is a great explanation of absolutely nothing related to health care reform.
  This is posted to show the "100% Shell Game" of the whole thing. To me it is a view into the minds of people that would rather have no one, know anything about what their ultimate goal is.

http://twitpic.com/4rscrq
Original Link
http://cei.org/sites/default/files/Table-from-Amicus-Motion-MN–RI-11-10-2010.jpg
Michael Lebb
http://1mjl.com
Twitter @1mjl

BIG Video Page

Learn about US economics, small business, market forces, and what we are facing in the near future. 

All on this one page of videos!!!

Twitter @1mjl
http://1mjl.com/?page_id=41

Michael Lebb

Bernanke Set to Tightrope Historic Press Conference

Peeling back the curtains on the secretive central bank’s mysterious ways, Ben Bernanke on Wednesday will become the first Fed chairman to hold a public press conference with reporters.
The experiment is likely to capture the attention of Wall Street, giving traders new color and insight into the deliberations behind the Federal Open Market Committee’s latest policy decision.
2:15 p.m. ET
http://www.foxbusiness.com/markets/2011/04/26/bernanke-set-tightrope-historic-press-conference/
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Big day for news! But the Bernanke talk could be the largest news to hit the US economic front in quite sometime and it will be very interesting to see how the market reacts after watching the commodities show signs of weakness the last week.
This talk could signal a bounce in the dollar index (DXY).
He might mention the FED Treasury buy back plan as well (QE2).

Twitter @1mjl

-- Michael Lebb


  Michael Lebb Blog

Today The US Dollar Is At A 3 Year Low

The dollar hit its lowest level since July 2008 Thursday, putting more pressure on savers, people living on a fixed-income and all consumers facing soaring commodity prices, most notably in energy.
Somewhere, Ben Bernanke is probably smiling.
Yes, Bernanke — and Treasury Secretary Tim Geithner — talked tough about the dollar this week but “currency depreciation is always a central bankers dirty little secret,” says Vincent Reinhart, a former director of the Fed’s Division of Monetary Affairs. “They don’t mind some depreciation at time…The trick is to generate some depreciation but not a lot.”
This is a great video explaining the games that the Federal Reserve plays with inflation and US Dollar depreciation. It is truly amazing that any institution would want to do anything like this simply by looking at the past 50 years. The Federal Reserve calls this action “quantative easing”.
Vincent Reinhart is the individual being interviewed in the video, is someone that knows what is going on in this area, and his words should be taken to heart.

Twitter @1mjl

-- Michael Lebb

www.1mjl.com

Watch This AWESOME Video!

Black Chamber of Commerce President Blasts “Marxist,” “Brownshirt” Obama

This video/audio between Laura Ingraham and Harry Alford, president and CEO of the National Black Chamber of Commerce. Harry is Pro-Business and represents Black business owners, and sits on the board of the US Chamber of Commerce. This conversation covers business, the next presidential election, gasoline rates, citizen net worth, and patriotism.

Twitter @1mjl

--- Michael Lebb

www.1mjl.com

Click here for the video/audio