Have you ever known of an increase in government bureaucracy, spending, services, or intrusion into our life, that has ever regressed? Even local governments, when they form a new department, never, ever, see fit to send it to the rubbish heap. Never! And that is the problem. This is what will make the dollar go […]
George is a friend of mine, (not his real name) and he is worried about how the gold owed by the banks, to the loaners, such as the Bank of England, can be repaid. George deeply fears “confiscation,” which has never happened, but the myth persists. If your mother told you never to jump off […]
The J.P. Morgan/Chase derivatives overhang of some $29 TRILLION, has many “in the know,” worried. Of course! Why not worry, when a huge corporate monster, has its future hanging by its gonads, thanks to absurd loans and trades. Morgan/Chase loaned heavily to Argentina, Enron, Global Crossing, et al, and has, some say, a $50 billion […]
