Showing posts with label Home Depot. Show all posts
Showing posts with label Home Depot. Show all posts

Sunday, June 13, 2021

The HALL of BAHL

Sports is and always has played a significant role in my life. I have found that most all of life's lessons are learned between the lines. Discipline, individual responsibility, teamwork and sportsmanship are among many opportunities presented within the games that offer guidance to prosper in life.

Over the years, there have been many individuals associated with sports that I have looked up to, been a fan of, owned a jersey of or just pulled for. These are my guys, and although it has not always been a road without bumps for many, these are my guys. In an effort to recognize these folks, I have formed The Hall of BAHL. Individuals making this list may or may not be the greatest ever players, coaches or ambassadors, but they are my favorites.

Each year, I will induct a new class members into The Hall of BAHL. In honor of my good buddy and sportsman Big Ole BudFeiser, who we lost in 2011 and who I grew up playing sports with, each class will annually be announced on his birthday, June 13.

The inductees for the 2021 Hall of BAHL class are listed in no particular order below:

SALVADOR PEREZ


Kansas City Royal catcher Salvador Perez is a fan favorite for Royals fans, considered one of the best overall catchers in the league. Salvy, as he is affectionally known, is very valuable to the success of the Royals.

Salvy is exceptional on the defensive side,  winning multiple Gold Gloves, but his bat has quite a pop as well, with Perez know for some big time timely hits, including a huge one in Kansas City's 2015 World Series Championship.

Perez is the quarterback of the ball club, handling the pitchers and defensive alignments throughout the season. As such, he is a team leader in the clubhouse. But more importantly, Salvy has a deep love for the game, and his positive attitude and determination is infectious, bringing out the best in all those who are blessed to play with him.




Salvy awards players of the game the Salvy Splash, where the Gatorade jug of water is dumped on the head of the player of the game. It is great fun and is a favorite among Royals fans. Having attended many Kansas City Royal games both in Kaufman Stadium and on the road in Atlanta and Tampa Bay, we have had many occasions to interact with Salvy, and every single time he has greeted us with his wonderful smile.

We are so pleased to welcome Kansas City Royal catcher Salvador Perez to The Hall of BAHL!

TONY STEWART




I became an instant fan of Tony Stewart when he came over to NASCAR from IndyCar to pilot one of Joe Gibbs Pontiacs.  In fact, Stewart would step into the Cups series in a Gibbs Pontiac with sponsorship from The Home Depot, one of my larger stock holdings and a company I frequently support.

Stewart was very competitive in the series right out of the gate, and went on to win three Cup Series Championships.  Stewart left Gibbs to form his own team, teaming with Gene Hass. Stewart finished driving career with 49 career wins as a driver, finding great success on the superspeedways and road courses. His first win was a Richmond International Raceway, a track he scored many wins on. We used to say that that out on the track, if Tony hit you, you needed hitting. 

These days, Stewart Hass remains quite successful, continuing to stack up wins with a trio of Ford teams, lead by former Cup Series Champion Kevin Harvick.

Stewart has racing in his blood. He has formed a new racing series, similar to the old IROC series, which will have drivers from all series of racing competing. This series will no doubt very interesting, and great fun.

We will continue to watch and cheer the contributions to racing by one its greatest ambassadors, Tony Stewart. We welcome Tony Stewart to the 2021 class of The Hall of BAHL!

DALVIN COOK

Former Florida State running back Dalvin Cook was one the best at his position to ever play for the Seminoles, and he was simply incredible to watch. He got loose with the best of them, and when he did, he most often found paydirt!

A product of Miami Central, Cook not only excited with his blazing speed, but he broke tackles with the best of them. For Seminole fans, we were particularly pleased that Cook had some of his best performances against our hated rivals.

Always displaying a fun demeanor, Cook was a great teammate for the team, counted upon often to lead FSU to victory. Cook left Florida State with 4464 yards rushing and 48 total touchdowns.

We saw Dalvin around town on occasion, and he was always friendly placing his big smile on display. 


In the 2017 NFL Draft, Cook was selected in the second round by the Minnesota Vikings. What a steal! Although he has had some injury issues, Cook has exceled with the Vikings and is considered without question one of the best running backs in the NFL, and a favorite of fantasy football players nationwide.

It is exciting to welcome former Florida State great Dalvin Cook to The Hall of BAHL!

Thursday, September 15, 2011

Regulations Eroding Economic Lifeline: Credit

While many of our citizens remain unaware, a slow creep of regulatory instruments are eroding the lifeline of our economy; credit. If you are working hard to make ends meet and catch bits and pieces of newscasts from national and local news outlets in the mainstream media, you likely have no knowledge of how serious this issue is.

Rahm Emanuel, former Chief of Staff of President Obama said the administration should never let a crisis go to waste. They took advantage of the fear in the aftermath of the banking crisis to power grab much of your liberty when it comes to your finances, likely without your understanding of the "small print."

It has been three years since Lehman Brothers collapsed, and although many of the experts say Uncle Sams balance sheet is improved and the worst is behind us, I don't buy it. Neither does Home Depot founder Bernie Marcus, who joins Mary Thompson, David Faber and Joe Kernen for a frank discussion on CNBC's Sqauwk Box this morning. Take a listen:



The experts are almost always wrong. Discredited economist Paul Krugman and social economic pontificator Jared Bernstein coupled with comments such as "The housing crisis is contained" and "Pass the stimulus and unemployment will not exceed 8%" come to mind.

Bernie Marcus is not wrong, and listening to him will get you more saving, more doing.

With a new wave of foreclosures coming, property owners will be seeking opportunities for refinancing among banks, but the big banks are not able to extend the necessary credit due to strict regulations. These banks can borrow from the FED at zero and lend to the public at 5%, and a banker can have a fine career in banking doing that. But this lending is not taking place, and the alternative option of small banks is being crushed by Dodd-Frank, which quite simply is killing small banks. Regulations have wrecked the residential appraisal industry, spearheaded by The Architect of Ruin, Andrew Cuomo. These regualtions allow the government to pick winners and losers as well, which raises costs and handicaps the entrepreneur.

The markets have been up this week, and given all the horrendous economic news this week, such as an unexpected rise in jobless claims, inflation and sobering news on poverty, you may wonder why. Euro Tarp! You got it, the FED is essentially bailing out Europe, which can be equated to QE3, a new installment of quantitative easing on a global scale. A socialist European dream! Of Course, I am quite sure this will fix the problem with the PIGS? Well, it won't work!

The economy is in crisis, and we are far from out of the woods. Uncle Sam is a major event way from taking a substantial leg down, and the FED is short on tools to fight the problem due the poor crony capitalism decisions made under Obama and Bernanke. Could the crisis in Europe be such an event? If so, will global governance, all for our benefit no doubt, claim more of our liberty in creating a global banking system, which could lead to a dollar collapse?

The big banks continue to get bailed out while the small banks are being killed off by excessive regulation, crippling the credit line for consumers, who are on life support. Collusion between the administration and the FED is extremely alarming, contributing to the unnecessary extension of the economic crisis we are in.

All these goings on are the antithesis of what should be taking place, and strongly appear to be orchestrated. These are critically troubling times, and our country as we know it could hang in the balance. As I pray we make it to November 2012, we must hold our freedoms dear, protect our sovereignty and remember that free market capitalism is indeed the best path to prosperity.

Monday, March 2, 2009

Snow on the Plains

After splitting the first two games of a weekend series at Auburn, a young Florida State baseball team was set Sunday to capture the series on the diamond. Unfortunately, the game was snowed out. Yeah, no misprint here, to much snow to play the game. That's right, in Auburn, Alabama. See below:



You may be surprised to learn that in his some 30 years of as the manager of the 'Noles, this is the first game manager Mike Martin can recall being called for snow, particularly in the deep south confines of the Southeastern or Atlantic Coast Conferences.

Popular blog Gateway Pundit details a scheduled civil disobedience global warming protest scheduled for Washington, D.C. this morning. Oh boy! I recommend stopping by The Home Depot (HD:NYSE) and grabbing a few generators and a dozen or so space heaters as it could get ugly out there.

In the scam of the stimulus, we are set to spend billions on this junk science otherwise known as global warming while we continue to get bombarded with evidence that global warming is speculative at best. Someone with some intelligence needs join John Coleman, founder of the Weather Channel, to get in the way of this scam, which is rivaling the most serious in history.

Since this blog began in January 2008, we have documented amazing items like Sprint Cup practice cancelled at Atlanta Motor Speedway last year due to snow showers (the boys are heading back to AMS this weekend), snow covering Tiger Stadium, home of the LSU Tigers in Baton Rouge, LA and record low temperatures here in Orlando, including an effort at one this morning.

Enough already!

UPDATE 3/3/2009

Regarding the billion dollar expenditures coming our way mentioned above, take a listen to an interview Glenn Beck has with economist and actor Ben Stein:

Wednesday, November 19, 2008

Conditional Bailout Presents Rare Chance

The economic events of the last several quarters have been exhausting and have inflicted immense pain on many Americans, yours truly included. Obviously, although I am sure well intended, much of the governmental action, particularly in the form of orchestrating bailouts, has not been successful as Wall Street remains in freefall. Today's action suggest a very serious test of the recent lows and a break of those lows with any sort of conviction could send the DOW into the 6000's. Not pretty.

The issues facing the treasury and The FED are massive, and I recognize the simplicity of arm chair quarterbacking without keen insight to the information these agencies are dealing with. However, I would like to comment on the potential bailout the Big 3 automakers, GM (GM:NYSE), Ford (F:NYSE) and Chrysler. I will attempt to be brief, but it is an extremely complex problem.

First, almost daily on CNBC and FOX Business, I repeatedly hear a host or a guest fire the comment out that these firms do not make quality vehicles the public would want. This is total bullshit! I personally own a Chevrolet SUV and a Pontiac sedan and both are superb, particularly the Pontiac GXP. Both have over 60K miles and not withstanding the Goodyear (GT:NYSE) Racing Eagles I have had to replace, I have not spent over $1000 combined on these vehicles. Good God, I hope I did not just curse myself.
GENERAL MOTORS 2009 PONTIAC G8 SEDAN, MOTOR TREND CAR OF THE YEAR FINALIST

The problems the automakers face has nothing to do with a lack of product quality or vision for design and appeal of the current or future vehicles. In fact, outside of Chrysler's Bob Nardelli, who ran Home Depot (HD:NYSE) into the ground, the management is not all that bad in my view. The automaker CEO's do have a pink elephant in the room; the unions.


The automakers were running on the tightest of margins, hampered by governmental regulation, taxes, tariffs, global climate change initiatives (no, I am not kidding) CAFE and emission standards and union demands that are completely illogical and lack any sort of flexibility. They maintain the margins by relying on the consumer to continue turning over inventory every five years or so as outlined by analyst modeling based on long term data. BOOM, the housing market fell off a cliff and consumers got caught up in, with ironic apologies to The Motor City Madman Ted Nugent, a stranglehold.

With consumer expendable income squeezed dry, big ticket purchases are the first thing to be placed on the sideline. Demand for these items has not gone away, but quantity demanded has fallen off a cliff due to skyrocketing gas prices (which have since subsided but the consumer has zero confidence they won't soon return), uncertainty about the economic near term future and the extreme difficulty in obtaining credit, which is the lifeblood to our consumer driven economy. No consumers mean no revenue and with that comes the instant inability to reach those already razor thin margins, and it is not even close.

So, should they be left to wilt under fire and cease to exist, crushing thousands of jobs and creating a untold tiered ripple effect. Without some serious revisions to business as usual, yes.

However, we are presented with an opportunity at this time, and our representatives on the hill should take full advantage of it.

Organized labor under The United Auto Workers is the main culprit hampering the industry in the effort to be competitive with foreign automakers, particularly those with plants in the United States. Legacy costs create a burden that is estimated to represent over $2000 per vehicle in additional costs which in this extremely competitive environment is just a killer. Union contracts force the automakers to pay inflated wages which creates inefficient market conditions which are unsustainable. Blogger Mark Perry, Economics professor at The University of Michigan (Flint campus), provides a chart of the breakdown on his Carpe Diem blog.

Recent negotiations between the Big 3 and the UAW have planted mustard seeds as incoming workers are paid competitive wages while the legacy costs are estimated to fall off dramatically over the next decade. I did recognize that at the table before the congress along with the CEO's of the Big 3 was the UAW representative. It is not the Big 4, or is it? Against the backdrop of bankruptcy, the UAW rep really does not have dog in this hunt. Part of the existing UAW contracts indicate a certain level of paid hours of workers, regardless of fluctuations in quantity demanded and production levels. Would you run your bakery or hardware store like that? Should a bailout, or workout as former Mass Gov. Mitt Romney (R) puts it, move forward, major concessions should come from the UAW. In fact, they promote inefficiency, are unnecessary and should cease to exist in my view.

The government also places tariffs on intercontinental automobile trading, giving foreign competitors a significant competitive advantage. Since trade agreements must be adhered to until the time period of the agreement is exhausted, perhaps Uncle Sam should issue tax incentives to consumers who purchase US autos? This could work, but the issue of consumer credit must be solved or there will be no buyers to grab that incentive.

The government has already signed off to give the automakers 25 million to predominantly deal with the emission standards the government has placed upon the automakers. I know I will be labeled on par with a holocaust denier to speak out that global climate change is a farce, but in light of limited evidence to the contrary (record low in Orlando this morning), perhaps the government could suspend, or I may recommend, eliminate, these cumbersome regulatory restraints and directives? At any rate, with bankruptcy looming, they could use that money to stay alive.

All three US automakers are making impressive progress in fuel efficient vehicles, and most of the GM fleet gets over 30 MPG. The Chevrolet Volt, shown below, should be a huge seller.

GM INNOVATION IN ELECTRIC VEHICLES COMES TO THE CONSUMER IN 2010 WITH THE CHEVY VOLT

I had to laugh watching Chris Dodd and Barney Frank presiding over the hearings with the Big 3 CEO's. If the housing crisis did not unfold, the automakers would not be in the position the currently find themselves in, and Frank and Dodd were asleep at the wheel as that problem emerged (would the fine folks of Connecticut and Massachusetts please toss these corrupt idiots out of office?). Governmental regulatory intervention and organized labor eliminate any fighting chance the Big 3 have to competitively emerge from this debacle. These barriers to competitiveness should be eliminated yesterday.

Since the government contributed to the cause of the problems that saddle the Big 3, government should assist them in the way out, and then get the hell out of the way! The auto industry is not a normal business, and it's importance to America is quite significant. I think some sort of workout, either a bankruptcy with a partial governmental backstop or a bailout/workout with a conservator (Romney?) is necessary as I fear the aftermath and costs of complete failure significantly surpasses that of a workout.

But if the Big 3 are going to take the taxpayers money, they must adhere to conditions, and those would include but not be limited to elimination of the UAW, the restructuring and rewriting of current union contracts, elimination of duplicate models (Saturn Sky and Pontiac Solstice, for example) and the reduction in the amount of dealerships (which does not necessarily include the elimination of product lines). If bankruptcy is the option taken, the government should be cognizant of the effect on warranties (would require some sort of backstop) and the potential impact of the tiered suppliers which could be severely damaged or lost in the ripple effect, including companies like Johnson Controls (JCI:NYSE) and Lear Corporation (LEA:NYSE). Evaluating the landscape on this issue, I find a workout of some sort is critical to our economy at this time.

I find it poetic that during green week, partly because government has forced the industry to spend unnecessarily on green initiatives, we need to pass out armored cars full of greenbacks. A vicious circle indeed. It makes you want to pull the hair out of your head and set yourself on fire.

After that depressing commentary, for our listening pleasure I present Ford truck owner and Detroit native, The Motor City Madman Ted Nugent, with Stranglehold.