On December 23, 1667, a 14.717 acre Island in New York Harbor was sold to Isaac Bedloe. In 1732, his estate sold it to the U.S. Government for an undisclosed price. The island had always been called “Oyster Island,” due to the huge number of oyster beds surrounding it. It was named “Bedloe’s Island” […]
On and on it goes: It’s not difficult to find a site on the internet which will groan and swear that the U.S. economy and dollar is trash, and within a few weeks or months, it’ll all be over. As a WWII general (McAuliffe) replied, when asked to give up and surrender, he gave a […]
On June 17, 1930, President Herbert Hoover signed into law, the Smoot-Hawley tariff, which raised import duties an average of 59% on more than 25,000 agricultural commodities and manufactured goods. Remember, a year earlier, the Great Depression began with the stock market crashing, and huge amounts of unemployment. The market crashed again when Smoot-Hawley began, […]
There was supposed to be a GCR (global currency reset) within a few days, and it was supposed to begin last Friday! The dollar index was going to drop a hundred points, and eventually lose 50% of its value. And redemption centers would open so you could get the new money, etc. That’s not all. […]
