Haircut
I always like to get a haircut before Track Season starts. When you have spent the last 6 weeks swooping topless girls in Spain (La Cote des Basques and the Med) your hair tends to grow. Must be the Mediterranean diet. Or the Basque seafood. Or the vino tinto. (The G Manifesto’s How to Pick up Topless Girls coming soon)
Suits
Make sure you get plenty of new custom suits made. Light colors all. Signature Cookie Monster Blue interior. And get your Pocket Square Game Tight.
Zippos
Make sure all your Zippos, Dunhills, and Dupont lighters are filled to the brim and have good action. Bring a minimum 3 packs of smokes.
Drugs (Optional)
Beeks and Beans are still mad popular. As Bill Maher says, “People are doing as much Cocaine as they did in the 80’s. They just aren’t sharing it anymore.” Careful in this heat when you are on the beeks though.
Real Time with Bill Maher: New Rules – July 17 2009
Enter The Dragon
Get your rounds in. They will pay dividends. I would be lying to you if I didn’t tell you I am in amazing shape. (Getting slotted and swooping Topless girls will do that to you.) The G Manifesto’s Exit The Dragon, Enter The Cobra coming soon.
Heater
Breathe again. Because I don’t do extortion unless I am on the receiving end.
Turf Club
Make sure you get your Turf Club scenario ironed out. (I just got my re-upped membership in the mail). Or else you will be with the buffoons in the suspect Glittery Ed Hardy Shirts, looking like a nonce, drinking out of plastic with no air conditioning..
George Raft (Hollywood Actor and more importantly good friend of Bugsy Siegel) and Bing “The First Hip White Person” Crosby chop it up at the Del Mar Racetrack back when Class was Champion.
Nowadays, people are putting a black eye on The Game.
Frank, Dino, Bing and Raft are rolling over in their graves.
This is why I do not go to Opening Day at The Del Mar Racetrack anymore. Too annoying. Plus my bottle of Thorazine ran out. And my nightly bloodlust is starting to run into my days.
What was once Custom Suits, Big Bankrolls, Panama Hats, Graceful, Classy Women and Pocket squares has been replaced by faux-hawks, bandannas, Glittery Ed Hardy Shirts, cheap mall dresses, and maxed out credit cards.
Progress? Not really.
At least a little slice of the old world lives on in The Turf Club.
It actually wouldn’t be a bad picture if you canceled the guys out of it and replaced the girls with some Argentinian Model Girls.
Lima, Peru was featured as my top city in my Top 3 Destinations for South America and my field reports section has been high on my hit count. With the encouragement of The G Manifesto, I have decided to post a guide to running pick-up in this beautiful city overlooking the Pacific Ocean. The women are exotic and friendly. They have a real warmness to them which makes Peruvian women very special in my opinion. Go in the summertime where the sun shines non-stop. A coastal fog blankets the city after the summer.
Background:
When Bolo and I arrived to Lima earlier this year, we had no idea what to expect. Leaving Ecuador, which didn’t have many attractive women, Lima was a big question mark. In retrospect, this guide is focused on the Miraflores area since this is where Bolo and I gamed extensively.
Hostels:
Not everyone will be on a budget, but we were during our trip to South America. My plan, when I go back to Lima, is to get a monthly rental near the beach with a few wings and game non-stop for a month. Since we were on a budget, there were logistical issues we would have to deal with. However, the hostel workers where I was staying were cool with me bringing back HB’s. They let me run my game.
Here’s a list of some hostels:
Inka Lounge- We stayed at the one about a ten minute walk from the park area and near the clubs. Looking back, I would have rather been in the action!
Flying Dog Backpacker’s- This hostel is in a perfect location. It is in Parque Kennedy and near some bars. It is known as a party hostel.
Day Game: (Parque Kennedy)
Lima had the best day game out of all the cities I went to in South America. Go to the Parque Kennedy area during the day. I bounced so many sets from this location. And guess what? There are hundreds of bounce locations you can take your targets to: lots of coffee shops and restaurants. There’s no doubt in my mind that SNL’s can happen from there.
There is a shopping center in the park area as well. I was able to bounce a set from there to the park… Make sure to go out there ahead of time to pick out your venues you will bounce your targets to. Open with something casual like “Como se llama este parque?” “ Que es un lugar bueno a comer por aca?”
Then after opening, you can roll from there. Just a heads up, Peruvian girls are very friendly compared to their other Latina sisters. They were very compliant via text message.
Night Game: Barrancos, Larco Mar
The night game wasn’t the greatest in South America. However, there are some good spots. Things really get going on the weekends. If you’re looking for classy good looking girls check out Larco Mar. There are a lot of trendy bars and clubs in this area and the majority of the women there can speak some English.
If you’re looking for a fun party, check out Barranco’s. This area is filled with tons of bars and lots of college students looking for a good time. There are some other night spots around the Parque Kennedy area.
Internet Game:
If you are interested in doing internet game, there are some sites you can check out Plenty of Fish and Okcupid to name a few. I ended up pulling an SNL from it. We only exchanged a couple of messages and we set up a meeting a couple days later. It was a 2 hour close. Logistics were in my favor. Refer to the LR on my blog.
Social Circle:
This is something I wish I had the chance to do more. Just a heads up, the Peruvian guys didn’t seem to have their act together like the Colombian guys. However, there are some ways to get into social circle in Lima. This can be very beneficial in a number of ways. First, you will be introduced to hb’s through the social circle. Second, you will be able to open many other sets when you are out with your social circle. The Peruvian guys I met were friendly and were up for meeting foreigners. Use social circle and you will see results from it.
Universities:
Next time I go to Lima, I would like to enroll in some classes to meet some people. We didn’t get a chance to do this. Many of the girls we sarged during our trip were university students studying in Miraflores. This is also something else to look into.
Gentlemen
Suit or sport jacket must be worn at all times. A short sleeved shirt, with a jacket, may be worn, provided the shirt is buttoned to the top button below the collar. Ties are optional.
Please- no turtleneck, polo-style shirts, T-shirts, sweaters, short-sleeved jackets, windbreakers, jeans or denim pants, shorts or athletic shoes.
In order to avoid embarrassment due to inappropriate dress, the Del Mar Thoroughbred Club requires that members inform their guest of the appropriate attire for the Turf Club prior to their attendance. Children of members and guest are expected to conform to the Turf Club Dress Policy.
Management reserves the right to refuse admittance to anyone considered to be inappropriately attired.
First I get a call from Audrina Patridge. Come on guys, you know who I’m talking about. The girl on the beach? The one eating the Carl’s Jr. burger? Yeah, that one. She wants to come to Opening Day and wonders if I could find her a seat. Hmm, where to put her.
I told her where my table was and that I’d be the one sitting next to Bo Derek. Hey, come on, this is tough work. Bo is a commissioner on the California Horse Racing Board. Smart lady and a great horsewoman. (Can you believe I was once in a movie with her late husband?) . . . Two more calls after that.
One from Stacey Keibler, model, female wrestler and Dancing With The Stars finalist and the other from Carrie Prejean, Miss California. Or is it ex Miss California? Whatever, they’re on their way to Del Mar’s opener this Wednesday as well .
Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com
Rick Ross – Magnificent [Ft. John Legend] (Sure the video is from Gulfstream, but Jayo Felony hasn’t filmed any videos at The Del Mar Racetrack to my knowledge)
I communicate with investors daily trying to identify what their general position is for the economy. Though it differs from one to the next, an overwhelming majority are not too optimistic about the health of the economy. The overall sentiment is that few see the light at the end of the tunnel. By that I mean most investors sense we’ve yet to turn the corner. What I try to make them realize is that while the overall economy is yet to be back on track, there are many individual stocks, bonds, real estate transactions and commodities that offer phenomenal opportunities. Take that for what it is worth, I only trade commodities so if looking at other asset classes consult a professional. What I’m trying to relay is I see the light at the end of the tunnel for some specific commodity plays.
To find out exactly how we are positioning our clients in commodity futures and options, Contact us today at 1-888-920-9997. Don’t forget to mention The G Manifesto.
Livestock
October live cattle were higher by 3.125 last week trading to their highest level since January. We continue to hold put spreads for clients and are currently carrying a loss. We expect an abrupt turnaround in the next few weeks and would suggest option players to get positioned short. Resistance is seen at the January high at 92.70 with support at 90.75. August feeder cattle were higher by 1.55. Resistance is seen at 105.00 and support at 103.00. Prices may in fact go higher, but it will be without my clients. If and when grains start to move higher, feeder cattle should weaken and we think that is soon. We’re not advising to get short but we don’t want to be long.
August lean hogs traded higher by 975 last week and although it is too early to definitively say we may have formed an interim top is what it’s starting to look like it. Resistance comes in at 65.60/66.00 with support at 63.25. Short term it appears prices could come down but medium and longer term we like being long.
Financials Stocks: Equities snapped a four week losing streak in fashion with the Dow and S&P gaining all 5 sessions last week. The Dow was higher by 611 points or 7.6% getting back a majority of the losses from the previous 4 weeks. The S&P was also a gainer picking up over 60 points to close 7.1% higher. From here it looks like we will see a test of the June highs. If we get through that threshold more buyers will likely enter. If we fail to get through those levels we will most likely see some profit taking. We tend to think we’ll get through those levels and have clients currently long August and September ES calls. On a test of 950 exit the August calls and on a breakout towards1000 exit your September calls. The 50 day moving averages should act as support with the June highs acting as resistance. Support on the S&P at 908 and the Dow at 8400 with resistance at 950 and 8825 respectively.
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Risk Disclosure: The risk of loss in trading commodity futures and options can be substantial. Before trading MB Wealth recommends that you should carefully consider your financial position to determine if commodity trading is appropriate for you. All funds committed should be purely risk capital. Past performance is no guarantee of future trading results. There are no guarantees of market outcome stated, everything stated above are our opinions
The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who’s Who of Goldman Sachs graduates.
By now, most of us know the major players. As George Bush’s last Treasury secretary, former Goldman CEO Henry Paulson was the architect of the bailout, a suspiciously self-serving plan to funnel trillions of Your Dollars to a handful of his old friends on Wall Street. Robert Rubin, Bill Clinton’s former Treasury secretary, spent 26 years at Goldman before becoming chairman of Citigroup — which in turn got a $300 billion taxpayer bailout from Paulson. There’s John Thain, the asshole chief of Merrill Lynch who bought an $87,000 area rug for his office as his company was imploding; a former Goldman banker, Thain enjoyed a multibilliondollar handout from Paulson, who used billions in taxpayer funds to help Bank of America rescue Thain’s sorry company. And Robert Steel, the former Goldmanite head of Wachovia, scored himself and his fellow executives $225 million in goldenparachute payments as his bank was selfdestructing. There’s Joshua Bolten, Bush’s chief of staff during the bailout, and Mark Patterson, the current Treasury chief of staff, who was a Goldman lobbyist just a year ago, and Ed Liddy, the former Goldman director whom Paulson put in charge of bailedout insurance giant AIG, which forked over $13 billion to Goldman after Liddy came on board. The heads of the Canadian and Italian national banks are Goldman alums, as is the head of the World Bank, the head of the New York Stock Exchange, the last two heads of the Federal Reserve Bank of New York — which, incidentally, is now in charge of overseeing Goldman — not to mention …
But then, any attempt to construct a narrative around all the former Goldmanites in influential positions quickly becomes an absurd and pointless exercise, like trying to make a list of everything. What you need to know is the big picture: If America is circling the drain, Goldman Sachs has found a way to be that drain — an extremely unfortunate loophole in the system of Western democratic capitalism, which never foresaw that in a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy.
BUBBLE #1 The Great Depression
Goldman wasn’t always a too-big-to-fail Wall Street behemoth, the ruthless face of kill-or-be-killed capitalism on steroids — just almost always. The bank was actually founded in 1869 by a German immigrant named Marcus Goldman, who built it up with his soninlaw Samuel Sachs. They were pioneers in the use of commercial paper, which is just a fancy way of saying they made money lending out shortterm IOUs to smalltime vendors in downtown Manhattan.
You can probably guess the basic plotline of Goldman’s first 100 years in business: plucky, immigrantled investment bank beats the odds, pulls itself up by its bootstraps, makes shitloads of money. In that ancient history there’s really only one episode that bears scrutiny now, in light of more recent events: Goldman’s disastrous foray into the speculative mania of precrash Wall Street in the late 1920s.
Rolling Stone’s Matt Taibbi on the Media
BUBBLE #2 Tech Stocks
Fast-forward about 65 years. Goldman not only survived the crash that wiped out so many of the investors it duped, it went on to become the chief underwriter to the country’s wealthiest and most powerful corporations. Thanks to Sidney Weinberg, who rose from the rank of janitor’s assistant to head the firm, Goldman became the pioneer of the initial public offering, one of the principal and most lucrative means by which companies raise money. During the 1970s and 1980s, Goldman may not have been the planet-eating Death Star of political influence it is today, but it was a topdrawer firm that had a reputation for attracting the very smartest talent on the Street.
It also, oddly enough, had a reputation for relatively solid ethics and a patient approach to investment that shunned the fast buck; its executives were trained to adopt the firm’s mantra, “longterm greedy.” One former Goldman banker who left the firm in the early Nineties recalls seeing his superiors give up a very profitable deal on the grounds that it was a longterm loser. “We gave back money to ‘grownup’ corporate clients who had made bad deals with us,” he says. “Everything we did was legal and fair — but ‘longterm greedy’ said we didn’t want to make such a profit at the clients’ collective expense that we spoiled the marketplace.”
BUBBLE #3 The Housing Craze
Goldman’s role in the sweeping global disaster that was the housing bubble is not hard to trace. Here again, the basic trick was a decline in underwriting standards, although in this case the standards weren’t in IPOs but in mortgages. By now almost everyone knows that for decades mortgage dealers insisted that home buyers be able to produce a down payment of 10 percent or more, show a steady income and good credit rating, and possess a real first and last name. Then, at the dawn of the new millennium, they suddenly threw all that shit out the window and started writing mortgages on the backs of napkins to cocktail waitresses and excons carrying five bucks and a Snickers bar.
None of that would have been possible without investment bankers like Goldman, who created vehicles to package those shitty mortgages and sell them en masse to unsuspecting insurance companies and pension funds. This created a mass market for toxic debt that would never have existed before; in the old days, no bank would have wanted to keep some addict ex-con’s mortgage on its books, knowing how likely it was to fail. You can’t write these mortgages, in other words, unless you can sell them to someone who doesn’t know what they are.
BUBBLE #4 $4 a Gallon
By the beginning of 2008, the financial world was in turmoil. Wall Street had spent the past two and a half decades producing one scandal after another, which didn’t leave much to sell that wasn’t tainted. The terms junk bond, IPO, subprime mortgage and other once-hot financial fare were now firmly associated in the public’s mind with scams; the terms credit swaps and CDOs were about to join them. The credit markets were in crisis, and the mantra that had sustained the fantasy economy throughout the Bush years — the notion that housing prices never go down — was now a fully exploded myth, leaving the Street clamoring for a new bullshit paradigm to sling.
Where to go? With the public reluctant to put money in anything that felt like a paper investment, the Street quietly moved the casino to the physical-commodities market — stuff you could touch: corn, coffee, cocoa, wheat and, above all, energy commodities, especially oil. In conjunction with a decline in the dollar, the credit crunch and the housing crash caused a “flight to commodities.” Oil futures in particular skyrocketed, as the price of a single barrel went from around $60 in the middle of 2007 to a high of $147 in the summer of 2008.
BUBBLE #5 Rigging the Bailout
After the oil bubble collapsed last fall, there was no new bubble to keep things humming — this time, the money seems to be really gone, like worldwide-depression gone. So the financial safari has moved elsewhere, and the big game in the hunt has become the only remaining pool of dumb, unguarded capital left to feed upon: taxpayer money. Here, in the biggest bailout in history, is where Goldman Sachs really started to flex its muscle.
It began in September of last year, when then-Treasury secretary Paulson made a momentous series of decisions. Although he had already engineered a rescue of Bear Stearns a few months before and helped bail out quasi-private lenders Fannie Mae and Freddie Mac, Paulson elected to let Lehman Brothers — one of Goldman’s last real competitors — collapse without intervention. (“Goldman’s superhero status was left intact,” says market analyst Eric Salzman, “and an investmentbanking competitor, Lehman, goes away.”) The very next day, Paulson greenlighted a massive, $85 billion bailout of AIG, which promptly turned around and repaid $13 billion it owed to Goldman. Thanks to the rescue effort, the bank ended up getting paid in full for its bad bets: By contrast, retired auto workers awaiting the Chrysler bailout will be lucky to receive 50 cents for every dollar they are owed.
BUBBLE #6 Global Warming
Fast-forward to today. It’s early June in Washington, D.C. Barack Obama, a popular young politician whose leading private campaign donor was an investment bank called Goldman Sachs — its employees paid some $981,000 to his campaign — sits in the White House. Having seamlessly navigated the political minefield of the bailout era, Goldman is once again back to its old business, scouting out loopholes in a new government-created market with the aid of a new set of alumni occupying key government jobs.
Gone are Hank Paulson and Neel Kashkari; in their place are Treasury chief of staff Mark Patterson and CFTC chief Gary Gensler, both former Goldmanites. (Gensler was the firm’s cohead of finance.) And instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits — a booming trillion dollar market that barely even exists yet, but will if the Democratic Party that it gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an “environmental plan,” called cap-and-trade.
Otterboxes make you able to travel with your Zippos when you fly.
So when you are waiting to hop in your towncar from the airport to your hotel, and some fly girl is struggling with some cheap 7-11 matches, you can swoop in and light her cigarette with a Zippo in style.