The National Anthem

Sunday, July 4th had everyone playing patriotic songs and celebrating our 250th anniversary. The Sunday before, the Mormon Tabernacle Choir did a wonderful program of patriotic songs, which made chills run up and down my spine. Sunday had our pastor doing a patriotic sermon and we had a song fest, beginning with a flag salute, […]

A Few Quotes

James Madison: “History proves that the money changers have used every form of abuse, intrigue, deceit, and violent means possible, to maintain their control over government, by controlling money and its issuance.” Ernest Hemingway: “The first panacea of a mismanaged nation is inflation of the currency. The second is war. Both bring a temporary (and […]

Laws

There are many laws and sayings, which concern economics as well as other items, and one of them I hear constantly is: “Do you think metals will go up?” My answer is, “Of course, because the Fed’s constantly printing dollars to pay bills Congress passed, the president signed, and the more they print, which are […]

Socialism

It’s all the rage now, and New York has been overcome with it. Let’s begin with a definition of what socialism is. From my Webster’s Collegiate Dictionary, (1700 pages) which has exhaustive definitions: “Socialism: Any of various theories or a system of the ownership and operation of the means of production and distribution by society […]

Inflation

Over 4% Last Month! The definition of inflation: “An increase in the currency supply.” Very simple. Also simple, is “Stott’s Law,” which states that, “The more of anything there is, the less they will be worth,” and conversely, “The less of anything there is, the more they will be worth.” Look at any substance, such […]