For some reason, I feel compelled to share an email thread I’m having with a friend.  It might represent the birth of a new political party… The Moderate Party.

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From: Royal Farros
To: Mark
Sent: Tuesday, July 11, 2017 110:05 PM
Subject: From Royal Farros… re: WTF…

Hey, Mark! Hope all is great, it’s Royal Farros, it’s been a long time!

I just read about your WTF and the following quote:

          “We can’t just startup and be like, ‘Hi, we’re a new party and we’re going to run all these people for office.’

Years ago I would have agreed with you. But I’m not so sure now. I wouldn’t say I’m a political guy… but I am a responsible citizen, follow issues, and vote. I was a lifelong republican… because when I grew up, for lack of a better way to say it, that was the “business” party… the party that was fiscally responsible.

Hasn’t seemed that way for a few decades, though. In fact, I got sick and tired of extremist hijacking the political agenda… for both parties.

I wish there was a party for me… fiscally conservative and socially liberal. There isn’t, so I “unaffiliated” in 2016.

I was blown away to find out that, as of 2016, the largest political party was neither republican or democrat but — as I’m sure you know — unaffiliated… by a wide (and widening) margin.

So, maybe there’s a party for me… call it the “moderate” party… which is where, I believe, the majority of Americans stand. It just needs to be organized. Maybe you *can* just startup a party?

I may be way off base here, just sharing some non-expert thoughts.

Best–

–Royal.

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From: Mark
To: Royal Farros
Sent: Tuesday, July 11, 2017 10:36 PM
Subject: Re: From Royal Farros… re: WTF…

Thx for the note.

Youre saying dont bother with dem party. Start a new one?

Sent from my iPad

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From: Royal Farros
To: Mark
Sent: Tuesday, July 11, 2017 11:33 PM
Subject: Re: From Royal Farros… re: WTF…

Mark–

Always amazing to me when a small, hot, killer start-up gets acquired by a big, lumbering giant. The small company always believes it’s going to somehow change the big company. But that never happens. Inevitably the small company gets chewed up in the machinery.

So, yes, I think:

* It would be easier to start a new party… than to try to deal with the “politics” — and I mean that quite literally — of changing one or both parties.

* Technology has disrupted just about every industry out there… and in 2016, add “politics” to that list. Proof? The Dems with a massive war chest, a massive infrastructure, massive mindshare, and a supposed massive lead… couldn’t beat a blowhard with a Twitter account.

* People — especially young people (yikes! did I just say that?) — are tired of the same old crap… on both sides of the isle. I heard tonight that a big Republican is becoming (or threatening to become) unaffiliated. I suspect a lot of moderate politicians don’t really like aligning themselves with the loonies in their parties. Said even more strongly, there probably are a lot of moderate Democrats and Republicans that share more core values with each other than the extremist in their parties. All of this means that a new moderate party would probably have a fair number of qualified incumbents from both sides of the isle signing up — bringing with them a ready-built voter base.

The iParty. ;)

–Royal.

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My dad was a good Greek, Halalamos Anastasi Faros.

But my grandparents wanted my dad and aunt to have better lives… so they came to America in the 1910’s.

It was a long and difficult journey.  When my dad went through Ellis Island they said, “Welcome to America, you’re now Harry Farros.”

My grandparents wouldn’t allow Greek in the house… my grandmother was adamant:  “We’re Americans now.”

God bless the wisdom — and bravery — of my grandparents and my dad.  Truly no better gift to give a son/grandson.

God bless America.

The definition of a true fan is actively supporting your team even in the worst of times.

For the San Francisco Giants, these are those times.  23.5 games back… as we used to say in the old days, truly a June Swoon.

So this is my time to help my team.

I had a great thought yesterday:  Last year the Giants were the best team before the All Star break… and the worst after.  It would be mathematical irony if that was switched this year.

Like a true fan, somehow that has given me extra incentive to root!

And, go figure, the Giants had a big win over the Rockies last night.  :)

Last year the Golden State Warriors had a commanding 3-1 lead over the Cleveland Cavaliers…

… and then Klay Thompson insultingly wore a freakin’ Dodger cap to AT&T Park and never apologized and the next thing you know the Cavs beat the Warriors 4-3.

This year the Golden State Warriors had a commanding 3-1 lead over the Cleveland Cavaliers…

… and then Klay Thompson had the good sense NOT to wear anything remotely looking like freakin’ Dodger blue… and, guess what?

The Warriors win the 2017 NBA Championship!

Coincidence?  As they say… ahem… “I THINK NOT!”

Congrats to all Warriors and Warrior fans!

2017 Warriors Win!

I kinda grew up with Ron Insana, back when he was a news anchor with FNN (Financial News Network)… that eventually become CNBC.  My wife (girlfriend at the time) often remarked that he was our morning alarm clock.

He wrote an editorial today about Trump and pollution and the Paris Treaty that I think is spot on.

It’s short and worth reading, but there’s one point he makes that I often use myself:

Ron said it like this:

I am not a “tree hugger.” I don’t have the necessary scientific background to claim expertise in this area. I don’t know if the changes we are seeing are the result of natural cycles that occur in geologic time, or if they are governed by solar cycles, or are, as many worry, anthropogenic (caused by humans).

To me, it doesn’t really matter. It seems obvious that whatever the reason, we, as humans, should act responsibly when it comes to the care and cleaning of our habitat.

Bravo, Ron.

I like to say it like this:  I don’t care if global warming is real or not… who the hell wants to live in smog-infested cities like LA and Beijing?

It scares me that OPEC is so quiet.

OPEC countries usually love to grab the spotlight during big meetings (and the media loves to shine the spotlight on anyone that looks anywhere close to being an oil minister!).

That’s not happening for the big confab tomorrow, though… where everyone universally believes OPEC will extend their production cuts.  After all, the leading OPEC members said as much in a press conference on Monday.

Quiet is a bad sign… as is the Middle East unanimously agreeing on anything.

Could there be some hugely negative surprise tomorrow?

There have been little chirps here and there about Iran (the #2 player in OPEC) not wanting production cuts to apply to them…

… but nothing disruptive.  Indeed, everything seems civilized… which is a word not many would associate with the players involved.

Unbelievably, I think there’s a really good reason why OPEC may be in agreement:  The production cuts seem to be working.

Crude oil is trading about 15% higher than before the production agreement was announced last Nov.  Maybe more significantly, it dramatically changed the trend line.  Before the announcement oil was spiraling downward, everyone (there’s that “universally” thing again) was sure it would soon be trading in the 30’s.  OPEC’s agreement seemed to single-handedly stop the decline in its tracks…

… and there in lies the major motivation for cooperation:  Oil in the 50’s is a lot better than oil in the 30’s.

Guess we’ll see how it plays out in the next 24 hours or so.

 

OPEC Games?

Posted: May 22, 2017 in Business, Farros, Oil, OPEC, Royal
Tags: , , , ,

To say the oil market is sensitive to news coming out of the Middle East is an understatement.

In November I wrote, “If I Were A Bad (Oil) Guy“… essentially wondering if countries in the Middle East might be jerking oil markets around on purpose to earn a little side money.

Guess we’ll find out this week… there’s another very big meeting on Thursday… and while everything seems quite hunky-dory right now… it will be interesting to see if anyone tries to upset the oil cart this week.

Stay tuned.

P.S.  It’s quite possible that something like this already happened… UWT (which tracks crude oil 3x) was trading just under 23 about a month ago… about two weeks ago it his just above 13.50… that’s a pretty sizable drop in such a short period of time.