Wednesday, January 7, 2009
Velly Velly Intellesting
saw a couple new jawns that caught the eye. I'd give thee a second wink if I seen em out. Sneakerfiends know how we doit. I see a couple lays with these. The guccis are a play cuz I need some black kicks. The Coralines, just because I'm an earthtones type dude on my Eternal Summertime of a blotted mind. The other joints remind me of the classic tennis shoes from 1991. Not saying I'd cop em all but I'd give em an interested glance.
Tuesday, January 6, 2009
Me Currently
Aiight let's start it like this son. I'm finally escaping jetlag aftereefects and getting fully on my square. After a Monday I had to cross off the calendar permanently yesterday, I'm back in the game. I went back to the day gig and found out they wanna upgrade the kid by putting me in a new position at a new state of the art facility, which turns out to be about 5 minutes away from the house, jeahhhh. I may be getting a lil yamaha bike or something and letting the Lex Bubble sit in the driveway. Then I talked to some of my homies I haven't spoken to in a while and realized that I know some really good stand up dudes who are all gainfully employed and wifeyed up or chickenheaded up and moving forward in a positive direction with their lives. I be feeling good to see everyone getting it. Werd to Hova sayin "if everyone is rich within ya click, ya click is rugged" well,"rich" is not only monetarily, but mentally and spiritually as well. I'm feeling that some POWERFUL moves are going to be made this year....
As far as brain stimulation...................I'm simultaneously listening to 6 feet deep,reading the laws of power again(like art of war you gotta pick this up once a year), watching coonskin,blogging,twittering,checking some sites and watching my dogs fight over food. Yeah I have to take the trash out,fix a couple lightbulbs and pick some shit out, but my household cats know how it is........all that can wait while we chill and get right. Sheeet, I got my money and bills taken care of today so let me just marinate
Monday, January 5, 2009
reminisce over you
Damn went to go check my man Goldies blog JUNGLEJEM45 and realized that he had a picture of my late great homie Jax and Binkis Recs fam as his heading. I glimpsed and saw myself in the background wit my red fitted on from an appearance I made to spit a verse to the song we dedicated to my man DJ Ox who passed a few years ago. Looking at this flick took me back to that night and how much fun we had during that set. It also brought back the realization that the end of an era has come with Jax's untimely passing. Looking at this picture made me realize and feel thankful that I was a part of this movement here in ATL of trying to keep the raw essence of our culture alive. I also have to do my part to keep it maintaining. Even amongst the current trendy fake dudes who never lived it and the cats who had connections with some certain "circuits" and feel that they can do this too(well since they got the connections why not, it don't matter about skills).
Well this year. I got an agenda too and that's to shut that shit down and maintain the real blue label standard. That's word to Jax.
Well this year. I got an agenda too and that's to shut that shit down and maintain the real blue label standard. That's word to Jax.
sometimes I get twisted
Some nice plush toys for the youth dem'
night night kiddies
I'll chop it up wit y'all later
night night kiddies
I'll chop it up wit y'all later
Back on my Schiff shit
a few words from Pete
Q: Say something positive about the U.S. economy.
There's nothing good to say about our situation. The policies both the Fed and government are pursuing are making the situation worse. We've been getting a free ride on the global gravy train. Other countries are starting to reclaim their resources and goods, so as Americans are priced out of various markets, the rest of the world is going to enjoy the consumption of goods Americans had previously purchased. This is a natural consequence of this phony economy. If America had maintained a viable economy and continued to produce goods instead of merely consuming them, and if we had saved money instead of borrowing, our standard of living could rise with everybody else's. Instead, we gutted our manufacturing, let our infrastructure decay, and encouraged our citizens to borrow with reckless abandon.
Q: So what are you doing about it?
I'm getting my clients' money outside of the United States as fast as they can send it to me. I've been recommending that to my clients for close to 10 years. You've got to own resources and energy. I was saying oil was going to $200 a barrel in 2002. I've been buying gold, silver, industrial metals, and all kinds of stocks. My main theme is the global economy will survive and the U.S. economy is a disaster. Everything is about how you benefit from the increased purchasing power and rising standard of living in the rest of the world.
Q: What are your best or worst calls through this downturn?
I've been bearish on bonds. U.S. bonds have lost a lot of real value but not nominal value. I still think that's going to be proven to be correct. While the housing bubble was inflating, I was telling people to rent. I was telling people to get out of tech stocks in 1998 and 1999. They kept rising, but then they collapsed, and I turned out to be right. The reality is I don't think I've been wrong on anything.
Q: Most people disagree with that sort of pessimism. If you're staying in the United States, how do you invest?
If you want to be in U.S markets, you avoid anything connected with the American economy. You avoid retailers, the home builders, the financials—anything having to do with consumers buying something or paying back the money they borrowed. If you want to invest in U.S. markets, stick with exporters and resource companies. I've been saying that for five or six years; I haven't gotten anything wrong. We shorted subprime mortgages. I have clients that made 10 times their money. We've never sold an oil stock. We've never sold a gold stock.
Q: Why don't you think soaring oil, grains, or commodities prices are the next bubble?
These prices do not constitute bubbles. They simply constitute the repricing of goods to reflect the diminished value of our money. The way you can tell there's not a bubble is that these markets are clearing. People are buying food and eating it. They're buying gasoline and using it. Speculators aren't buying gasoline and warehousing it in big facilities because they think the price is going to go up. At the same time, we've increased the supply of money dramatically, and the Fed is increasing it even faster now to deal with the bursting of the housing bubble. The only thing that can happen is for prices of commodities to rise to reflect the equilibrium of a greater supply of money. It's not even that oil prices are going up. Oil prices are staying the same. What's happening is the value of money is diminishing, so we need more units of currency to buy the same amount of oil or wheat or corn or whatever.
Q: How about some predictions?
• I think the stock market is headed lower. Gold is going to be $1,200 to $1,500 by the end of the year. That puts the Dow at a less-than-10-to-1 price ratio to gold. Right now, it's about 13 to 1. That's another 30 percent drop in the real value of stocks by the end of the year if you price them in gold. The Dow was worth 43 ounces of gold in 2000. It'll get to 10 by the end of the year and continue to fall from there.
• Oil prices had a pretty big run and might not make more headway by the end of the year. But we could see $150 to $200 next year. I don't think oil will hit $250 because there will be enough destruction of demand in the United States to keep it from doubling. The big problem for us is if the Chinese substantially allow their currency to rise. It could increase at least fivefold against the dollar over the span of a year or two. That reduces the price of oil by 80 percent for 1.3 billion Chinese. Consumption would go through the roof, and that will drive prices through the roof for us.
• At a minimum, the dollar will lose another 40 to 50 percent of its value. I'm confident that by next year we'll see more aggressive movements to abandon the dollar by the [Persian] Gulf region and by the Asian bloc. That's where the stuff really hits the fan.
Q: So how bad do you think this economy will get?
The other problem we'll have during those years is civil [unrest]. There will be a big increase in crime. People are going to be hungry. People are going to be cold. There's a sense of entitlement in this country, and when a lot of people used to having things suddenly don't, everybody looks for someone to blame.
Q: Really?
We're going through a very rough period in our history. In many ways, it's going to be worse than the Depression.
http://www.myprops.org/content/US-Ne...he-Depression/
Q: Say something positive about the U.S. economy.
There's nothing good to say about our situation. The policies both the Fed and government are pursuing are making the situation worse. We've been getting a free ride on the global gravy train. Other countries are starting to reclaim their resources and goods, so as Americans are priced out of various markets, the rest of the world is going to enjoy the consumption of goods Americans had previously purchased. This is a natural consequence of this phony economy. If America had maintained a viable economy and continued to produce goods instead of merely consuming them, and if we had saved money instead of borrowing, our standard of living could rise with everybody else's. Instead, we gutted our manufacturing, let our infrastructure decay, and encouraged our citizens to borrow with reckless abandon.
Q: So what are you doing about it?
I'm getting my clients' money outside of the United States as fast as they can send it to me. I've been recommending that to my clients for close to 10 years. You've got to own resources and energy. I was saying oil was going to $200 a barrel in 2002. I've been buying gold, silver, industrial metals, and all kinds of stocks. My main theme is the global economy will survive and the U.S. economy is a disaster. Everything is about how you benefit from the increased purchasing power and rising standard of living in the rest of the world.
Q: What are your best or worst calls through this downturn?
I've been bearish on bonds. U.S. bonds have lost a lot of real value but not nominal value. I still think that's going to be proven to be correct. While the housing bubble was inflating, I was telling people to rent. I was telling people to get out of tech stocks in 1998 and 1999. They kept rising, but then they collapsed, and I turned out to be right. The reality is I don't think I've been wrong on anything.
Q: Most people disagree with that sort of pessimism. If you're staying in the United States, how do you invest?
If you want to be in U.S markets, you avoid anything connected with the American economy. You avoid retailers, the home builders, the financials—anything having to do with consumers buying something or paying back the money they borrowed. If you want to invest in U.S. markets, stick with exporters and resource companies. I've been saying that for five or six years; I haven't gotten anything wrong. We shorted subprime mortgages. I have clients that made 10 times their money. We've never sold an oil stock. We've never sold a gold stock.
Q: Why don't you think soaring oil, grains, or commodities prices are the next bubble?
These prices do not constitute bubbles. They simply constitute the repricing of goods to reflect the diminished value of our money. The way you can tell there's not a bubble is that these markets are clearing. People are buying food and eating it. They're buying gasoline and using it. Speculators aren't buying gasoline and warehousing it in big facilities because they think the price is going to go up. At the same time, we've increased the supply of money dramatically, and the Fed is increasing it even faster now to deal with the bursting of the housing bubble. The only thing that can happen is for prices of commodities to rise to reflect the equilibrium of a greater supply of money. It's not even that oil prices are going up. Oil prices are staying the same. What's happening is the value of money is diminishing, so we need more units of currency to buy the same amount of oil or wheat or corn or whatever.
Q: How about some predictions?
• I think the stock market is headed lower. Gold is going to be $1,200 to $1,500 by the end of the year. That puts the Dow at a less-than-10-to-1 price ratio to gold. Right now, it's about 13 to 1. That's another 30 percent drop in the real value of stocks by the end of the year if you price them in gold. The Dow was worth 43 ounces of gold in 2000. It'll get to 10 by the end of the year and continue to fall from there.
• Oil prices had a pretty big run and might not make more headway by the end of the year. But we could see $150 to $200 next year. I don't think oil will hit $250 because there will be enough destruction of demand in the United States to keep it from doubling. The big problem for us is if the Chinese substantially allow their currency to rise. It could increase at least fivefold against the dollar over the span of a year or two. That reduces the price of oil by 80 percent for 1.3 billion Chinese. Consumption would go through the roof, and that will drive prices through the roof for us.
• At a minimum, the dollar will lose another 40 to 50 percent of its value. I'm confident that by next year we'll see more aggressive movements to abandon the dollar by the [Persian] Gulf region and by the Asian bloc. That's where the stuff really hits the fan.
Q: So how bad do you think this economy will get?
The other problem we'll have during those years is civil [unrest]. There will be a big increase in crime. People are going to be hungry. People are going to be cold. There's a sense of entitlement in this country, and when a lot of people used to having things suddenly don't, everybody looks for someone to blame.
Q: Really?
We're going through a very rough period in our history. In many ways, it's going to be worse than the Depression.
http://www.myprops.org/content/US-Ne...he-Depression/
Sunday, January 4, 2009
The Art of Getting It In
started with death for druggies under Indonesian Law
First taste of Indonesia
keys open doors- this bungalow was ill
this was the ceiling....I need to do this in my house
the shower slash tub...another idea I'm gonna flip for my house
Out on the block...peep the bag, not Louie or Gucci or any of tht other run of the mill travel shit but a BALI bag.....no Macy's or Canal street, you gotta literally go to the other side of the planet to find one
They did have some graph out there too. They're trying, they're tryin!!!!!!
Also a few Polo stores out there as well
The back blocks had some ill open markets.....
I copped a few things
Hit the beach and laid up
Actually spent more time in the water than out of it....
These turtles were pretty ill
They also make alot of offerings for luck and protection
This ritual was crazy, definitely one of the wildest things I've ever seen, well next to the couple of cats that I've seen get shot at random on the street, but this was up there.
they battled between good and evil, but it could have a whole different meaning
my man was dancing in fire.....I have a new definition of what it means to be hard
mad statues all over the place
Some Culture. The people on the streets get it in and HUSTLE EXTRA HARD
A dope store. I copped my blowgun from here
Went to a Forest that was sacred for the monkeys....It was like their own city
Another rumble on the streets, the loser gets cooked up
New Years eve flick of some balinese jawns
washing down a monsterfeast with a brew overlooking the beach
Wifey and her high yella self rocking a sarong
Aiight that's all the flicks I'm putting up for now. I'll leave y'all with this one. I'm a fire sign(Sagggi) but I'm a tropical dude. I don't need much. I keep it basic for being a complicated dude. The Ocean speaks to me tho', if I upload any of the trips and places I've been to over the last 25 plus years that's the recurring theme. I fell blessed to have been able to see the world and visit every continent. These experiences truly make me who I am.
Saturday, January 3, 2009
Back In the Building
Indonesia was a blast. Straight up and down a blessing to behold and experience. Not only is it on thw whole other side of the planet, but it is a location off the beaten path of say a Jamaica or Bahamas, y'know a typical vacation. The experience was a little deeper than last years Thailand/Tokyo vacation just for the fact that for most of that trip I had a cold which turned out to be walking pneumonia(I didn't know any better) and the fact that I was on like 7 different planes,boats,trains,elephants and other forms of transport. This trip was alot more hiking and swimming. I have tons to build on and alotta pics. I'm about to step out to this joint at the 5 spot wit NYCE. DJ Red Alert spinning along with Don Cannon for the free custi appreciation in conjunction with Sk8tique and Vinnies Styles. So I'm gonna ketch up with him and get a few drinks, unless we sneak some 22's in brown paper bag style,which may be on the docket.......so expect more pics tomoro. Also been alotta love left on the answering machine and texts on the berry. Appreciate the sentiments y'all and I'm taking it up a notch this year.
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