Stupid Is as Stupid Does

Response to the Nonsense from James Strauss

As he states himself on his own Facebook Page: “A man of no consequence...” LOL

Well, he began with STUPID. The Constitution was not going to be finally adopted until the 10 Amendments [Bill of Rights] were incorporated. The Bill of Rights is part and parcel an integral part of the United States Constitution, as adopted. If he was talking about the other 17 Amendments, that does speak to the "Living" thingy. To say the Constitution is constantly being changed is a bit of a stretch. The 27th and final Amendment was first introduced on September 15, 1789. Read that again...200 years ago. It was proposed by James Madison, the primary author of the Constitution.  On May 7, 1992, the Michigan House of Representatives approved it by a unanimous vote, giving the amendment the necessary three-fourths majority and ending the longest ratification process in U.S. history.

It was 6 years later when the 11^th Amendment was ratified. Subsequent to the adoption of the Constitution, as stated previously, 17 Amendments have been ratified and the vast majority of those should be expunged from the record, in my opinion. Nonetheless, it has taken an average of 13 years for an Amendment to be ratified and as noted above, 26 years since the last one. I would strongly urge the 17^th Amendment to be the first repealed, dropped on us like bird poop by Woodrow Wilson. The 13^th-15^th Amendments were proposed because Lincoln needed to brush up on the Constitution as adopted, rather than pandering and showboating. What can possibly be stated regarding the 16^th Amendment other than to say it is more of a Woodrow Wilson “Turd in the Punch Bowl” thingy—instituting an open ended Federal Income Tax, without limits. More real foresight on his part *tongue in cheek* The 18^th Amendment was of course repealed later by the 21^st Amendment. It seems they wanted my grandparents to abstain from the “Demon Rum” but all it actually did was remove the ability to tax beverage alcohol and create our very own Cosa Nostra. Once again, we have the 19^th Amendment because the hare-brained nitwits were unable to interpret the Constitution as written/ intended. The same can be stated for the 20^th Amendment. Nothing really changed with respect to the 22^nd Amendment, more housekeeping, due to the fact these nincompoops thought they were smarter than the Framers. This would also be true of the 24^th through the 26^th Amendments. Bozo and his clowns missed reading and interpretation in their 3^rd Grade classes. It is best to just leave the Constitution alone but for my suggestion of repealing all its adoption. The 26^th Amendment was the quickest to be Ratified, following its being proposed and the result shows it was about as well thought out as whether to crawl into the back seat with Becky—“Haste makes waste” and sometimes a large, bouncing baby with special needs :-)

Big Dog and Little Dog

In the last 3 years, Adidas stock is up 287%. That is massive! Nike stock over the same period is up 58%. That is a huge difference. I believe this is why Nike decided to do something radical to stop the bleeding. They decided to showcase the little dog in their marketing campaign, attempting to capture the 25-34 market, which is dumb because they have a large chunk of that already. They already have the big dog—the NFL; all NFL jerseys and other equipment are Nike. I think it can be said the NFL may be the Big Dog. The Big Dog however, lost TV revenue and advertising last year, the NFL ratings were down substantially, as were their stadium revenues as well non-stadium revenues of incidental sales. If that present trend continues this season and indications are that they will, both Nike and the NFL have a problem that may be systemic.

I think Nike has made an uneducated decision and has chosen the wrong market; they forgot the stock market—their investors. Today, Nike lost 3.16% of their stock value—that is large. It was the largest single loss in the DOW today. Their market capitalization is $127.4 Billion. In one day, their market capitalization dropped $4.02 Billion. In choosing the Big Dog and Little Dog, they forgot something very important, the Big Bull. Millennials buy shoes and shirts of course but they do not buy stock. That $4.2 Billion loss today was immediate and it was loud and clear. If you look at the demographics, Millennials do not buy season tickets, skyboxes, catered corporate clubs in stadiums, etc. Millennials work for those people. Millennials do not drive markets; they buy retail—the end markets owned by their elders, who spend the BIG BUCKS, the BULL. I guarantee you millennials did not buy $4.2 Billion of retail goods today. Ya think? J

Mess with the BULL, you get the horn.

p.s. Do yourself and the US a favor; donate your Nikes to the homeless and buy New Balance, 100% American Made.