{"id":8093,"date":"2011-07-01T09:09:53","date_gmt":"2011-07-01T13:09:53","guid":{"rendered":"http:\/\/www.technologyinvestor.com\/?p=8093"},"modified":"2011-07-01T12:20:04","modified_gmt":"2011-07-01T16:20:04","slug":"fighting-desperate-governments","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=8093","title":{"rendered":"Fighting desperate governments"},"content":{"rendered":"<p style=\"text-align: left;\">Good assumptions:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">1. All governments are desperate for money and will do anything and everything to get it.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">2. That means you and I will be hit with all sorts of spurious fees, interest charges and MASSIVE penalties.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">3. Local governments are not easy to reach. Perhaps deliberately so.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">4. Governments can go to court, get a summary judgment against you.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">5. They can then take the summary judgment to your bank and say, &#8220;Pay up.&#8221; Your bank will take the money out of your account. And you won&#8217;t be any the wiser &#8212; until you look at your monthly bank statement. You&#8217;ll also be hit with a $100 legal fee &#8212; from your bank&#8217;s legal department.<\/p>\n<p style=\"text-align: left;\">I don&#8217;t make this stuff up. I had an old tax situation going with California. I tried for months to contact them &#8212; including phone calls, certified letters, etc. They ignored me.<\/p>\n<p style=\"text-align: left;\">They held a court hearing that I\u00a0 knew nothing about. They got a judgment without telling me. Then they simply took the money (penalties, interest, etc.) out of my bank account without them (or the bank) telling me. I knew the IRS could do this stuff &#8212; but Califronia to New York where I live?<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>MITT went at $20<\/strong><\/span>. The fllippers kicked out through the first day of trading, driving the stock down and losing money for themselves.\u00a0 I bought some on the way down yesterday.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/MITTChart.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8102\" title=\"MITTChart\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/MITTChart.jpg\" alt=\"\" width=\"652\" height=\"284\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/MITTChart.jpg 652w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/MITTChart-300x130.jpg 300w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">I don&#8217;t believe it will stay down long. The stars are presently aligned favorably for the mortgages REITs, like MITT, NLY, AGNC, TWO and ANH. Worth reading: Analysis by <strong>Porter Stansberry.<\/strong><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>NYC&#8217;s case against Dominique <\/strong><\/span><span style=\"color: #0000ff;\"><span style=\"color: #0000ff;\"><strong>Strauss-Kahn is blowing up.<\/strong><\/span><strong> <\/strong><\/span>His accuser is a liar and involved in really nasty stuff, like drugs and money laundering. She is not a credible witness. The New York Police have egg on their face. The New York prosecutor has doo-dooh on his face. The Defense attorneys, I&#8217;m guessing, dug all this dirt up on the accuser. Brilliant job on their part. For more on this sad case, read this morning&#8217;s <a href=\"http:\/\/www.nytimes.com\/2011\/07\/01\/nyregion\/strauss-kahn-case-seen-as-in-jeopardy.html?hp\" target=\"_blank\"><strong>New York Times. <\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/DSK.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8114\" title=\"DSK\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/DSK.jpg\" alt=\"\" width=\"190\" height=\"127\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Imagine they drop the charges and he sues the city for wrongful arrest, for loss of job, for loss of the presidency of France, etc.<strong> <\/strong>Amazing stuff.<strong><br \/>\n<\/strong><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>I&#8217;m not upgrading to Firefox 5.0, for now.<\/strong><\/span> Some of my favorite Firefox plugins have not been upgraded. I&#8217;m waiting a few weeks.<\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">Outlook is not your filing system.<\/span><\/strong> All of us leave too much in it &#8212; too many files, too many large files. Outlook is not a database like Oracle. It&#8217;s a Microsoft afterthought. Outlook blows up regularly (at least mine does).<\/p>\n<p style=\"text-align: left;\">Solution: Find the file <strong>Scanpst.exe<\/strong> on your PC or laptop. Set up a shortcut to it. Then run Scanpst on the file Outlook.pst, which you&#8217;ll find buried somewhere on your hard drive. Running Scanpst.exe will take a few minutes. Don&#8217;t bother making a backup. When it&#8217;s through, your Outlook will run faster and cleaner.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Greatest money-saving tip.<\/strong><\/span> My savvy real estate lawyer, Larry Rose, lives in Brooklyn. He bikes to the ferry. Then bikes from the ferry to his midtown office.<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/EastRiverFerry.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8104\" title=\"EastRiverFerry\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/EastRiverFerry.jpg\" alt=\"\" width=\"537\" height=\"274\" srcset=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/EastRiverFerry.jpg 537w, https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/EastRiverFerry-300x153.jpg 300w\" sizes=\"auto, (max-width: 537px) 100vw, 537px\" \/><\/a><\/p>\n<p style=\"text-align: left;\">NY Waterway charges him $1 to carry his bike. But if he folds it (he has the same Dahon I do), his bike rides for\u00a0 free. Guess what savvy Larry does?<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>2011 Wimbledon TV Schedule.<\/strong><\/span> The Finals are this weekend. It\u2019s on live \u2013 ESPN2 and NBC (All times Eastern) The Tennis Channel runs re-runs (called Encores or Premieres) at night.<\/p>\n<p style=\"text-align: left;\">Friday, July 1, 7 am \u2013 12 pm, Men\u2019s Semifinals, ESPN2<br \/>\nFriday, July 1, 12 pm \u2013 5 pm, Men\u2019s Semifinals, NBC<br \/>\nFriday, July 1, 8 pm \u2013 11 pm, Men\u2019s Semifinals, ESPN2<br \/>\nSaturday, July 2, 9 am \u2013 2 pm, Women\u2019s Final, NBC<br \/>\nSunday, July 3, 9 am \u2013 3 pm, Men\u2019s Final, NBC<\/p>\n<div style=\"text-align: left;\"><strong><a href=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\"><img loading=\"lazy\" decoding=\"async\" title=\"HarryNewtonNewShot\" src=\"..\/wp-content\/uploads\/2010\/08\/HarryNewtonNewShot2.jpg\" alt=\"\" width=\"125\" height=\"180\" \/><\/a><br \/>\n<\/strong><\/div>\n<p style=\"text-align: left;\">Harry Newton who wonders why many of his friends are in denial about stuff I call &#8220;body plumbing&#8221; &#8212; cataract removal, new knees, new hips, stomach-made-small operations, hearing aids, etc. Then there are the friends who won&#8217;t exercise often, but eat too much.\u00a0 I&#8217;m totally boring on the benefits of playing tennis and biking each day, and taking regular 30-60 minute naps.<\/p>\n<p style=\"text-align: left;\">Great news.\u00a0 My daughter, Claire, and hubbie, Ted, are visiting this weekend.\u00a0 She is a young lawyer. While I&#8217;ve never been a big fan of lawyers, I will state categorically that<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">1. She&#8217;s a really good lawyer, and<\/p>\n<p style=\"text-align: left; padding-left: 30px;\">2. I really enjoy talking to her about the law in general and most especially about the Constitution. She now has me reading the Federalist Papers in my search for the meaning of the words &#8220;pursuit of happiness&#8221; which are found in the Declaration of Independence. We&#8217;ll talk more this weekend, which celebrates our nation&#8217;s founding and my wife, Susan&#8217;s birthday. She was born on July 4. I wonder if she&#8217;ll take an electronic copy of the Federalist Papers in lieu of an expensive bauble?<\/p>\n<p style=\"text-align: left;\"><a href=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/Claire2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8108\" title=\"Claire2\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2011\/07\/Claire2.jpg\" alt=\"\" width=\"237\" height=\"179\" \/><\/a><\/p>\n<p style=\"text-align: left;\">Claire Newton, the apple of daddy&#8217;s biased eye.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good assumptions: 1. All governments are desperate for money and will do anything and everything to get it. 2. That means you and I will be hit with all sorts of spurious fees, interest charges and MASSIVE penalties. 3. Local governments are not easy to reach. Perhaps deliberately so. 4. Governments can go to court, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8093","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/8093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8093"}],"version-history":[{"count":0,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/8093\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}