Work Sucks
I realized a few years ago, after working on a project that generated millions of dollars for my employer, that it doesn’t make sense to work hard to enrich other people. If you have the skills necessary to generate all those dollars for someone else, you should find a way to use those skills for yourself. Holy Crap: Paul Volcker, Former Fed Chairman, Endorses Obama
“It is only Barack Obama, in his person, in his ideas, in his ability to understand and to articulate both our needs and our hopes that provide the potential for strong and fresh leadership,” Volcker said in an e-mailed statement today. Cause for Optimism?
My writing has been so negative lately, I thought I would try to be positive for a few moments and see how it feels. Last call
It’s early morning and the bar is about to close, but until it does, all the booze you need to wipe away your pain will continue to flow. There’s no need to worry, Ben “the bartender” Bernanke will hook you up. Ron Paul vs. Ben Bernanke
On this momentous day, following the lead of Robert Mugabe’s Zimbabwe, Bernanke is expected to drop the discount rate below official CPI and give a final blow to any American dumb enough to consider US dollars a store of value. Forget what you’ve been told, savings are so 1929. I thought this collection of one sided debates between Dr. Ron Paul and uncle Ben would be appropriate. (click below to see more videos) Fix the price of gold? Think again.
Many have long suspected government and central bank manipulation of gold prices, but in this case, as all others, eventually the market overwhelms incompetent bankers. A watchdog group is now claiming that half the American gold reserve has been sold in a failed attempt to end the rally by flooding global markets with excess supply. Intentional Foreclosure
If you could trade your credit score for a nicer house, would you? Welcome to the new trend in American real estate. This could be interpreted positively, it would seem to indicate the number of future foreclosures will cause some to overstate the loss to actual revenue for lenders, but I would instead argue it’s more reason to be cautious when using the number of new mortgage applications issued or accepted as proof of some kind of recovery. Milton Friedman discusses morality and capitalism
(click below to see the rest of this video) Gold mining halted in South Africa
What’s that in the sky? A bird? A plane? No, it’s the price of gold! |
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