09.30.08

My letter to Congresswoman Jane Harman

Posted in Politics at 9:02 pm

I originally posted the following letter on the Facebook only, but since I received so many compliments, I’ve decided to post it here for you:

Good evening Jane, this is Mike Roberto of Hermosa Beach again.

I am quite disappointed that you voted in favor of this morning’s bailout bill. I am, however, pleased that a majority of your peers were wiser than you, saw through this Unconstitutional bill of criminal support, and voted it down.

It has become clear to me that you do not understand basic macroeconomics, and since this is our most pressing issue, I cannot vote for you or support you in any way.

I highly recommend that you find time to sit down with Congressman Ron Paul and have him explain to you the disaster that your policies have caused. You are supporting an unjust system which has devalued our currency by 95% since 1913, and you are supporting bills which will cause even more damage to your constituents.

It is not too late for you to understand responsible fiscal policy and to bring US Government spending back under control. Please re-consider your policies.

Sincerely,
Mike

One comment was from my good friend, Lon, who said:

This nut also happens to be responsible for HR 1955 (Violent Radicalization and Homegrown Terrorism Prevention Act of 2007). Vote BERTO for CA district 36 in 2010!

I cannot believe that I never put two and two together. MY representative is the person who created HR 1955 (Violent Radicalization and Homegrown Terrorism Prevention Act of 2007), which is essentially a vague and intrusive “thought crime bill” that criminalizes protesting and dissenting from the government’s ideas if you have an “extremist belief system”, which of course is undefined.

It is unconstitutional and violates our right to free speech, and it was written right here on my home turf — in a place where no majority of constituents would even support it!

Lon also had a good write-up of this bill that you can read here.

This now brings up the scary part - there are no third-party candidates running in this district! It’s just Jane and THIS guy. I can understand not having a Libertarian or Constitutional candidate, but no Green Party candidate here either? What a sad state of affairs.

Mike Roberto for CA 36th District 2010, indeed?!

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09.29.08

How to Buy and Own Gold - The Layman’s Guide to Escaping the Dollar

Posted in Investing, Politics at 6:26 am

For nearly 40 years, the government and Federal Reserve has been destroying the value of your money. If you’re like me, you don’t support any bailout plans which effectively give money to criminals at the expense of a worse dollar and higher cost-of-living.

This post is not meant to discuss those issues - it’s here to discuss one solution for your personal savings - how to hedge on some gold (and silver) to preserve personal net worth in the case that the dollar gets further devalued. Having followed gold for a while, but not knowing many ways to actually own good bullion, I finally did some research.

Here’s how you can buy and own gold and silver:

1. BullionVault.com. This is a service that will store gold for you in your choice of three vaults in three different countries (US, UK, and Switzerland [my preferred choice]). It is similar to the popular GoldMoney.com but with better rates and an easier application process. You can purchase the gold from others and will get commissions for selling as well.

   There are many free ways of putting money into BullionVault, such as using their BillPay system, but if you are in a hurry, you can wire it in with a fee.

2. CEF or GTU (I like CEF). These are Canadian Gold Royalty Trusts, which means that they give big dividends (Canadian energy trusts don’t have to pay taxes if they redistribute their income… for now until 2011). With these, you have some new tax forms to do and it can get complicated. See this link for a bit more on these trusts: http://www.dividenddetective.com/canadian_royalty_trusts.htm

   Now here’s the trick when buying CEF or GTU: Around last week, there was a 7% premium (ie http://www.centralfund.com/Nav%20Form.htm - they own $1.446B of assets [mostly gold/silver bullion], but the market cap for the fund is $1.56B. Just take 1.446 and divide by 1.56. The good days to buy are when this premium is less than 10%). If the premium is over 10%, then there are too many shares outstanding for the amount of gold they have, and you are buying into an overbought situation.

   You cannot get physical gold delivery from CEF. You can only sell the fund back for dollars.

3. GoldMoney.com - Open an account here, buy gold or silver at a premium, and they keep it safe in France and Switzerland. They charge you fees for wiring money in and out, and also fees for storage. I haven’t seen a bad review out there on them, so long as you know the fees and premiums you’re going to be paying. I don’t see any free way to transfer money into GoldMoney like BullionVault (above) — you must wire it in at a fee.
   
4. Perth Mint Certificates (Australian Mint) - They’ll hold your gold too - www.perthmint.com.au/investment_certificate.aspx - I’m just not so sure I trust the Australian Government with my gold.
5. Buy coins and lock em up in your gun safe - These guys are reputable and right here in Inglewood, CA - GoldDealer.com. Tulving.com is also well-known. Risks include robbery and US Government confiscating it (google “Gold Confiscation Act”). See also Friday’s news: http://biz.yahoo.com/ap/080926/mint_gold_coins.html … wtf?
6. Everbank Gold Select - www.everbank.com/001Metals.aspx - I have done very little research on this one, but it sounds quite interesting. Anyone have any thoughts? It might compare better to #2 and #3
7. ETFs, such as GLD, DGP, and a billion others. GLD is 10% backed by REAL metal gold. This is why I’m not as huge on it - when the shit hits the fan, will they be able to keep up?
8. Added a new one - Gold Mining Companies’ stocks. Often times, the mining companies own a lot of gold too, which you will then indirectly own. You, of course, will not be able to get physical delivery.

Please post any comments, links to reviews of the stores/funds, and other ideas. Gold and silver are only ONE way of getting into precious metals, it’s still rather speculative, and there are many other commodities that you should research as well.

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09.11.08

Fellow Buckeyes - So You Wanna Visit LA?

Posted in Life, The Universe, and Everything, Rants, Sports at 10:16 pm

Two years ago, I wrote the first-ever post on mikeroberto.com: Fellow Buckeyes - So You Wanna Visit Austin?. This posting was passed around many discussion forums and groups of people, and has yielded 6,370 hits over the course of time. The average person stays for 6 minutes, and 20% of visitors go on to read something else on my blog.

I loved Austin and wanted to share my joy (and contempt) for the city. I received a lot of good and bad press due to my comments. I learned that when writing, you are putting yourself out there — you need to be thick-skinned and stick to your guns.

Since then, I moved to Hermosa Beach in the South Bay area of Los Angeles to start a new life chapter. I can honestly say that with the possible exception of the 2002 football season or the entire 2004 school year at Ohio State, I’ve never been a happier person. I love life, I love where I live, and I love what I do on a daily basis.

The thing is, I no longer have anything to prove to you. I don’t care if you have a good or bad time in LA. I don’t care if you go to Hollywood when you really should be checking out the South Bay and parts of Orange County.

So many people in the Midwest have never visited LA (or CA for that matter), but still had to share their opinions that I shouldn’t come here. They think it’s a horrible place because “they’ve heard”. They heard there were too many mean people. Rude drivers. High crime, gays, drug abusers, etc.

Rather than listen to the uninformed, sheltered Midwestern masses, I came and experienced. It took me three weekends, but I found the spot in this big city where I could get along. Sure there are bad elements - it is a big city after all - but that’s why you shop around.

So I am not going to write a guide on what to do here. There are plenty of places to find that out, such as yelp.com or the OSU and USC message boards.

Instead, I’m going to tell you a bit about the South Bay, the area where I live in LA.

That first year in LA is rough — if you don’t approach it right, it will eat you alive. If you don’t get active in some sort of productive scene, you will perish. If you are a slug and don’t latch onto the energy, you will get kicked to the curb and turn into a nobody.

For me, the scene that brought me into this fold of energy and activity was beach volleyball. It is definitely the best way to meet normal people out here. It has given LA such a small-town feel for me. You can’t just go out to bars here and expect to meet quality people.

I don’t know why, but when I moved here, I didn’t expect there to be so much partying. Instead, I learned that down here, nobody grows up. There are 35 year olds partying harder than I did as a 25 year old. Nobody gets married. Everyone is dating 4 other people. There is always something going on. Everyone is beautiful and in good shape. It is an adult playground. IT IS COMPETITIVE.

This competition is scary, but don’t let it scare you off. You must step up your game here, in all aspects of the word. You must adapt to the energy. For me, it brought my fight and drive back. It has brought my social skills to new levels.

Californians are a different breed. I still don’t understand them, but let me tell you, they love to talk. At first, I thought they were trying to get something out of me, but then I learned to relax — all they want is a nice Midwestern ear to fill. When everyone talks and is hopped up on 8 cups of coffee, they will fall in love with a listener.

Despite the ridiculous amounts of stimulant-enriched energetic people here, they’re still super laid back. I love it, it’s the best of both worlds.

BELIEVE IT OR NOT, PEOPLE ARE NICE.

In my Austin post, I talked about how dumb some Texans were. While true, let me tell you, I had no clue what I was in for in LA. What’s ridiculous is the diversity here - you might be walking down the street with one guy next to you who has got to be the biggest idiot on the planet, and on your other side is literally a brilliant rocket scientist. I’ve never seen anything like it in my life. There is no range like this anywhere else.

Everyone in LA is a goddamned real estate expert.

The way I see it, there are only two reasons to move to LA:
1. To be by the ocean
2. To get into “the industry”

I personally see no point to living in the Inland Empire, especially if renting. I also see no reason how people live by the beach/ocean but never use them.

The traffic is awful. I stay off the highways and schedule my life around it. I don’t see how people sit in traffic every day like lemmings. Is this really what we want to be doing with our lives?

Rude drivers? I don’t know, I haven’t really seen it. I’ve never had a time when people would not let me into a lane. I’m rarely cut off by a madman on the loose. Sure, if you sit at the intersection playing on your stupid phone, you will get honked at quicker than in Texas. But there’s a lot of cars out here and we need you moving your ass on green. I have no problem honking when people deserve it, but it doesn’t happen as much as I would have thought.

The highways. It’s not Route 405, or 405. It’s THE 405. Almost like it’s THE Ohio State University, except you say “thuh” and not “thee”. The best explanation I’ve heard for having “The” in front of all of the highways is that each highway has its own very unique personality and thus becomes a proper noun. I personally love it.

I’m not into most LA clothing style. I hate the black print shirts, I hate straight brimmed hats, I hate plaid shorts, I hate high black socks, I hate sagging, and I hate that stupid ass piece of facial hair under your lower lip.

Most of the styles mentioned above are what all the “bros” wear. Unless you are one of my best friends out here, I am NOT your “bro”. I am a dude, or a man.

The heavy metal shows out here are weak as balls.

I have caught myself saying “gnarly”. I plan on keeping this one, just like I occasionally bust out a “y’all” still.

Californians like to say “no worries”. I rarely catch myself saying it, I’m just a “no problem” kind of guy.

I don’t know a damned thing about Hollywood. Don’t ask me about it, and don’t expect me to take you there when you visit, because I don’t go there unless I have a concert to attend. It’s out of my “bubble”, or my small LA geographical area of interest. It’s a pain to get there and it’s not my scene. I’m sure a Buckeye in Hollywood could write an equally interesting rant with a completely different theme… but I prefer to stay by the beach and play with dolphins.

I am falling in love with the Pacific Ocean. Sometimes she lets me ride on her shoulder, other times she beats the piss out of me. It will be tough to leave her — and I’m not sure if I ever will — I don’t make plans like that anymore. No plans.

Californians seem to drink more soda than pop. Unlike other Buckeyes, I don’t fight for “pop”. I just order a Diet Coke — why bother with vagaries?

Girls who’ve lived out here all their life hate the “transplants”, especially other girls. Those are the girls who give LA a bad name. They come out here and try to become something they’re not. They begin to FLAKE.

… and “flaking” is a big problem out here. You can make plans with some people, and have no clue who will really show up. I tend to quickly remove flakes from my life, so it doesn’t bother me too much anymore. Two or three flakes and you’re a goner. I have too many other girls chasing me to care.

Yes, the girls do chase out here. Maybe my game is just that much better, but I don’t think that’s all. If you are a girl and you don’t chase, your mating prospects will be harder. But don’t chase too hard, because that’s a turn-off too. The tables have certainly turned.

Everyone loves the environment. I now recycle like a fiend and love it. I swim in that ocean, put your garbage somewhere else.

If you’re tight on time, don’t get a Californian hybrid owner talking about their hybrid. You might still be there through sunrise.

Despite the enormous Aerospace industry out here, don’t bother talking politics if you’re a neocon. You won’t like what you find. Liberals and third-parties can get along just fine.

Gas is expensive. But not as expensive as Europe, so quit bitching. GM is really regretting killing the EV1 though. Don’t mention that to the guys in Torrance who developed the drive train for it though.

Tattoos run rampant. Especially the full-arm sleeve ones. Kind of scary, but kind of cool too. Don’t expect to see me with one anytime soon though.

If I can’t wear flip flops and a T-shirt (preferably my new Iron Maiden one), I’m not coming.

Sand is EVERYWHERE. I can’t get it out of my bed. I flew home to Cleveland and it ended up in my bed there too - I think I transported it with my ears and belly button. After enough volleyball, you eventually just give up and get used to rolling around in sand.

Sushi is on every corner. Everyone has their own favorite hole-in-the-wall Sushi spot that they love and everyone else hates. Those are fun.

Unlike Texas, good pizza CAN be found out here. It’s still difficult though.

Nobody seems to care about Arnold anymore.

Lastly,

Ohio State - 21
USC - 20

Ohio State goes undefeated, and loses the BCS National Championship to Georgia.

Have fun!

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