2 Gs, an N, an I, an E, and an R....

Words have power, and some words are only allowed to be uttered by people who are part of the group.

Be careful with your words.

You can purchase this song, Prejudice on iTunes.


Peer to Peer Lending with Lending Club

Inspired by Mr. Money Mustache, I've decided to add peer-to-peer lending to my investment portfolio.  I opened an account with Lending Club and just invested in my first two notes today.

The way it works is that Lending Club acts as a loan originator and servicer for consumer loans.  They then allow investors to fund a portion of the note (minimum $25).  The interest rates run from approximately 7% for A borrowers up to 24% for G borrowers.  The low minimum investment lets you spread the default risk across a portfolio of notes instead of taking a risk on any one borrower.

Basically, you get to be a credit card company.

I started with $1,000 and will post periodically on how it's going.


Square Foot Gardening Update

After some scares with late season snow storms (like May 2 late), the seeds I planted in April stayed alive for the most part.

This past weekend, Ruth and I planted the warm weather seeds like zucchini, beans, and flowers.

Here's a couple of pictures showing the progress to this point.


Registration Leads to Confiscation

As Brian Doherty recently noted in Reason, officials in California are using that state's gun registry to "visit" known gun owners who may no longer be allowed to own guns. They're not going to take everyone's guns, just the ones from those people who are no longer allowed to own them.  It's not like they're seizing all guns.  At least not now.  But they know where the guns are, because California has registration.

If the government has a list of where the guns are, then they can take them. 

They can take them if they think someone is a felon.  Or they can take them if the person seeks mental health treatment. Or they can take them if that person lives with a person who seeks mental health treatment. Or they can take them if the legislature decides that that type of gun is no longer legal to possess. 

The point of background checks is to have a list of people who aren't allowed to purchase a gun.  When someone tries to buy a gun from a firearms dealer, that dealer checks the list to make sure the purchaser isn't prohibited from buying a gun. 

However, the point of registration is to know where the guns are and who owns them. 
To be able to take them.