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Obama On Dylann Storm Roof - "We Need Gun Control" PDF Print E-mail

During the rioting that erupted in Baltimore after the death of Freddie Gray, President Obama chastised "those thugs who tore up the place. 


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Clementa Pinkney Is 8th U.S. Senator Assassinated PDF Print E-mail

LA Senator Huey Long
The news of the Charleston 9 who were gunned down by Dylann Storm Roof last week is still hard to come to grips with. While politicians, pundits and the media have gone off on tangents about gun control, racism and the confederate flag, what should not be lost is that South Carolina State Senator Clementa Pinckney was a member of the Charleston 9. Roof drove two hours from Columbia, SC to Charleston's Emanuel AME Church. He asked for Pinckney by name, Emanuel's pastor, and sat next to him throughout the bible study. Pinkney appeared to be Roof's original target and then turned his rage onto the other parishioners. Along with politicians like Huey Long (LA) and Robert Kennedy (MA), Pinkney is now the eighth senator to be assassinated. Senator David Ramsay, who was assassinated in 1815, also hailed from South Carolina.

Oil States International Is Worth $22 PDF Print E-mail
Oil States International (NYSE:OIS) became a pure play oil services company after spinning off its accommodations services division, Civeo Corporation (NYSE:CVEO), in May 2014. The company has three divisions - [i] Offshore Products, [ii] Completion Services and [iii] Drilling Services. Due to the decline in rig count, revenue from drilling and completion services has been in free fall. Oil States' Q1 2015 revenue of $337 million was down 28% sequentially and off 17% Y/Y. Analysts expect Q2 2015 revenue to decline over 11% sequentially to $299 million. I assumed the Q1 19.7% EBITDA margin would be maintained in Q2, which is optimistic. Read more:
Is Dylann Storm Roof Mad At Blacks Or Wall Street? PDF Print E-mail

ImageDylann Storm Roof, the 21 year old identified as the suspect killing nine African Americans in South Carolina, was apparently angry at blacks. He drove 2 hours from Columbia, SC specifically to attack the Emanuel AME Church in Charleston. The attack came just nine days after officer Michael Slager was indicted for the killing of Walter Scott in Charleston. After some of the parishioners begged for their lives, Roof responded:

You rape our women and you're taking over the country. You have to go.

The last time I checked it was Wall Street that had received $450B in TARP funds, $8 trillion in zero interest loans and another $5 trillion in quantitative easing.



National Oilwell Varco Cuts 1,500 Jobs; Too Little, Too Late? PDF Print E-mail

Wednesday National Oilwell Varco (NYSE:NOV) announced it was cutting its Norwegian workforce by 1,500:the longer ... The lay offs come as big oil continues to batten down the hatches. Rystad Energy estmates that over $100 billion in new projects have been cut, while Morgan Stanley (NYSE:MS) expects capex do decline from $520 billion to $389 billion this quarter. Big oil is attempting to stem cash burn and shale oil companies are fighting for their survival as oil prices have fallen nearly 50% since Q2 2014. NOV's layoffs will follow a trend set by competitors like Baker Hughes (NYSE:BHI), Halliburton (NYSE:HAL), and Schlumberger (NYSE:SLB), who have layed off nearly 50,000 workers since Q4 2014. Read more:

Charleston Shootings 10 Days After Officer Michael Slager Indicted. Coincidence? PDF Print E-mail

ImageIn describing the shooting of Walter Scott in April, Charleston, SC police said Scott fled from a routine traffic stop and later got into an altercation with office Michael Slager of his Taser. Amid the struggle, Scott apparently gained control of the Taser and planned to use it against the officer; the officer then had no other choice but to shoot Scott. However, when a video surfaced showing Slager shooting an unarmed Scott in the back eight times, the video went viral. It also launched the sleepy, southern town of Charleston into the national spotlight. Slager was later charged with murder and on June 8th, he was officially indicted by a grand jury. On June 17th - just 10 days later - a gunman shot and killed nine people inside the historic Emanuel AME Church - launching Charleston back into the spotlight. Was the mass murder a coincidence? I doubt it.

Dylan Storm Roof Named As Suspect In Charleston Shooting PDF Print E-mail

Image21 year old Dylann Storm Roof of Columbia, SC has been identified as the suspect in the mass murder at the Emanuel AME Church in Charleston that left nine dead. According to Reuters , Roof as identified by his uncle, Carson Cowles:

The FBI identified the shooter as Dylann Roof of Columbia, South Carolina. An uncle of Roof's said he recognized the man in the surveillance photo as his nephew. "The more I look at him, the more I'm convinced, that's him," Carson Cowles, 56, told Reuters in a phone interview. Law enforcement agents were present at Roof's home, Cowles said, adding he believed the shooter's father had recently bought him a .45-caliber handgun as a birthday present.




9 Killed At Historic Black Church In Charleston, SC PDF Print E-mail

ImageA mass shooting took place Thursday night at historic Emanuel AME Church in Charleston, SC. The shooting took place during a prayer meeting. Below are the results of a press conference held by the Charleston chief of police and the mayor:

At 9:05 this evening we received a call that a shooting had occurred at the church here on Calhoun Street. When officers arrived they found a number of victims inside ... were also had a number of victims who were transferred to the MUSC emergency trauma center ... We were able to determine that there were 8 deceased  on the inside of the church. Two individuals were transferred to the MUSC. One of them has died ... We have nine victims in this heinous crime ... We have the Charleston police department, Charleston County Sheriff department SLED, the FBI, ATF ... We have investigators tracking the leads that are coming in ... We are looking for a white male, approximately 21 years old with sandy blonde hair, and he obviously is extremely dangerous ... We will put all resources and all of our energy into finding the individual who committed this crime. 

Your 2015 NBA Finals In One Chart PDF Print E-mail
The 2015 NBA Finals has provided excellent theatre. There have been highs - watching the league MVP in Steph Curry versus the best player on the planet in LeBron James. There have been lows - a season-ending injury to Kyrie Irving. There have been interesting storylines such as the dirtiness of Matthew Dellavedova and the re-emergence of David Lee and Andre Iguodala. That said, the biggest storyline has been the shooting of Steph Curry. Curry played poorly the first 3 games - averaging 24/ppg on 40% shooting. In games 4-5 he returned to form - shooting 53% from the field and averaging 30/ppg. However, the Cavaliers squandered Curry's poor performance by only taking 2 of the first three games. Now that the league MVP has been unleased, it could be a wrap for the Cavs.
Rapper Vince Staples Gets His Dander Up Over Lance Stephenson Trade PDF Print E-mail

After coming off another embarrassing playoff exit, the Los Angeles Clippers are making moves, not faking moves. They recently traded Matt Barnes and Spencer Hawes for the Charlotte Hornets' mercurial Lance Stephenson. Sir-Lance-A lot is expected to bring his New York toughness and winning personality a mentally fragile Clippers team. However, the trade has gotten rapper Vince Staples dander up, and issued a challenge to SG Austin Rivers and coach Doc Rivers via twitter:

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