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You're actually not teaching them a lesson, because the people who most need to learn a lesson haven't, and won't. What you're actually doing is diverting yourself from your path as well as ruining your day in a quixotic quest for fairness, fairness you're unlikely to find.
Sure, you can shut someone down, excoriate them, sue them or refuse to let them win, but odds are they're just going to go try their game on someone else.
When you fire a customer and politely ask them to move on, you are withdrawing yourself from their trollish dance. When, instead, you focus on the good student, the worthwhile investor, the delighted vendor, you improve things for both of you. The sooner you get back to work (your work), the sooner you can move toward your best outcome, which is achieving what you set out to achieve in the first place.
The real tragedy of the person who dumps on you is that you pay twice. The second time is when you get bent out of shape trying to get even.
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Mish's Global Economic Trend Analysis |
Posted: 28 May 2013 10:17 PM PDT Spain keeps digging a bigger and bigger hole as the latest economic reports show.
Those numbers are courtesy of Libre Mercado which reports Spanish Government has Largest January to April Deficit in History. Surprising Comments from German Finance Minister Wolfgang Shäuble So what does Shäuble have to say about this? Please consider these Google-translated snips from the Libre Mercado report Wolfgang Schäuble supports Rajoy's policies and Cites "impressive" Results of the Spanish reforms. Schäuble is convinced that "Spain has made enormous progress in recent years under the Government of Mariano Rajoy". So much so that now Spain "has a strong economy, reduced labor costs, has significantly increased its exports and has done a good job in restructuring its banking sector, also after the trial of the Troika".What is Shäuble smoking? Most likely Shäuble's comments are some sort of election ploy for chancellor Angela Merkel. If that's not it, he has lost his mind. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Book Supporting Euro Exit Becomes Instant Bestseller in Portugal; AfD Update Posted: 28 May 2013 10:08 AM PDT In an interesting development in the battle to see which country is bright enough to exit the euro first, a book urging a return to the Escudo (the prior Portuguese currency) became an instant a bestseller in Portugal. The Wall Street Journal reports Idea of Euro Exit Finds Currency in Portugal. A book by a Portuguese economist achieved a small feat on its release last month: It instantly topped Portugal's bestseller list, overtaking several diet books and even the popular erotic novel "Fifty Shades of Grey."A year ago, only 20% of Portuguese wanted to leave the euro. It would be interesting to see a similar poll in a few weeks after debate over the book escalates. Exit Discussion in Multiple Countries
AfD Update On April 23 I wrote Political Prediction: Merkel Loses Chancellorship in September as Support for AfD Soars. At that time, I noted "I have been watching the iPhone app Wahl-O-Meter and AfD has risen from 5% of the vote to 6.6% now." Wahl-O-Meter support for AfD now clocks in at 8.9% and the Green Party is down to 10.5% from 11.4%. Wahl-O-Meter is not a statistically valid poll, yet I have been told by reader Bernd (not AfD party leader Bernd Lucke) that Whal did better than polls in predicting results of previous German elections. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
Speculative Gold Bets at 5-Year Low; Metal Will Get “Crushed” Says Credit Suisse Posted: 28 May 2013 12:07 AM PDT Sentiment is never a perfect timing instrument.Yet, with Hedge Fund Bets on Gold at Five-Year Low I am comfortable stating the gold bull market is not over. Hedge funds are the least bullish on gold in more than five years as speculation about the pace of money printing by central banks whipsawed prices, driving volatility to a 17-month high.Metal Will Get "Crushed" Says Credit Suisse Unlike copper, gold is not an industrial commodity so a slowing global economy is simply not that pertinent. It appears to me that neither Ric Deverell at Credit Suisse, nor Chad Morganlander at Stifel Nicolaus has a clue about what the fundamental driver for the price of gold is. Granted sentiment is poor, but bull markets tend to end on good news with extreme positive sentiment (such as we see now with US equities), and bear markets end on bad news and extreme pessimism. Speculative positioning in gold is at a 5-year low on little over a 30% drop in price. That is hugely negative sentiment for such a routine drop. Bull markets do not end that way. They end with the masses becoming true believers. I strongly suspect the bull market in gold will not end until after the public embraces gold in a major way. Mike "Mish" Shedlock Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific. |
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Damn Cool Pics |
Posted: 28 May 2013 07:14 PM PDT |
Posted: 28 May 2013 11:48 AM PDT |
Posted: 28 May 2013 10:37 AM PDT |
Posted: 28 May 2013 09:48 AM PDT MonkeyLectric's Mini Monkey Light M210 is a durable LED bike light that keeps you visible for evening rides; it straps to your spokes and displays full color 8-bit graphics on your spinning wheel. The lights come with pre-loaded animations, but you can add your own JPG, GIF, PNG, AVI, MPEG, MOV, QT, FLV, and more. |
Posted: 28 May 2013 09:27 AM PDT People who use tanning beds before age 35 have a 75% increased risk of developing melanoma. Discover how to protect your skin against skin cancer by reading through this infographic from a radiation oncologist in Florida. Click on Image to Enlarge. Source: South Florida Radiation Oncology |
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