The Price Is Right

As I promised, the picture of the weekend is:

I understand that it is nearly impossible to see what it is that I am doing, which is playing The Price is Right on my friend's wii. This might seem like a pretty lame "party pic" but let me tell you, interactively playing The Price is Right with a bunch of drunk people is the funnest thing I have done in a while! I highly recommend this game for your next social gathering around the wii!

By the way, I wanted to mention that I won the double showcase by guessing within $250 of the actual price of my showcase. Maybe I should quit tax consulting and head to LA as a professional Price is Right contestant? I am sure I'm not the first to have that idea!

March Updates and Fixtures - Part 1

I have to begin by apologizing for the broken YouTube link to the Jim Cramer/John Stewart interview. It is available at www.thedailyshow.com and is definitely worth watching!

As for the overall updates, things are going very well here in Raleigh. As of Friday, March 13, Lindsey has been at RedHat for exactly one month and is loving it so far! As you can probably guess, Friday the 13th brings good luck to this household! My career is also going well and on track for world domination at a time TBD (world power in the hands of a tax consultant? Yeah right!).

We are driving to Charlotte tonight for a friend's birthday party so I am planning to pick the "best" picture of the night and post it on the blog accompanied by an explanation Sunday evening.

I am hoping to post on my blog at least once a week but hopefully more often than that. Elise has already asked me to explain what a Panzi scheme is and so I am drafting up an article that uses Social Security (the largest Panzi scheme ever!) as the example. If you have any ideas then please shoot them over to me at blake.shiver@gmail.com.

Have a great weekend!

Jim Cramer Finally Gets Called Out

I have never really liked Jim Cramer or anything that he says because a.) I don't trust him and b.) he acts like a maniac and expects vulnerable people to follow him.  The sad truth is that in this time of economic trials and tribulations, many of us feel vulnerable and so Cramer has become increasingly popular for all of the wrong reasons. At least our good friends at the Daily Show finally took the chance to call his ass out:

The logic that most people default to in times of high volatility and unstable expectations about the future is to listen to anyone who convincingly pretends as if he has the answer. Instead, we should approach such individuals dubiously as they are probably out to profit from our vulnerability. I would argue that anyone who is publicly sharing a scheme to "get rich" is actually planning on making themselves rich at the expense of the public's collective naivety. Case and point, Jim Cramer and his show Mad Money. On the other hand, there is a class of "get rich" advocates who offer up a much more solid and practical methodology at the cost of time and patience(things we don't have much of!). People like Dave Ramsey , who tell us to get out of debt, save for rainy days, and invest wisely for our future are the ones we should be listening to. Anyone who is obviously not making a play on the compulsive nature of humans and the weakness of economic vulnerability should probably be trusted far and above the Jim Cramers of the world.

Kudos to John Stewart and to all of you down at the Daily Show who finally stood up and called this man out publicly.  I would almost argue that he should stand trial with Mad-dog Madoff for the way he has manipulated people with his "snake oil" sales pitches.