I really believe that all bubbles must burst.  Bubbles are highly unstable!  This one had to pop eventually, and of course it did.  Most will blame it on greed, but that’s like blaming plane crashes on gravity.  There were several causes of the current depression, but the main one is that there is no […]

  (Before I get into today’s harassment, I’d like to inform you readers of a certain situation.  A year and a half ago, this business was so good, that it was taking far more energy and time than I wanted to put into it, so I decided to retire for the third time. It wasn’t […]

  There is another type of capital, which can make or break a nation, and for that matter, a civilization.  That would be human capital.  Let’s start with a quote from Dr. Adrian Rogers, who lived from 1931 to 2005. “You cannot legislate the poor into freedom by legislating the wealthy out of freedom.  What […]

  The Dictionary gives several definitions of “Capital” as regards money, but they all boil down to “wealth.”  If one dissipates one’s capital, one becomes broke.  Make sense?  If a person spends more than they take in, they are losing capital.  What creates capital?  Capital is created by making a profit on an endeavor such […]

  First of all, I really believe that we have another FDR on our hands.  Obama is a superb orator.  With those teleprompters at hand, he is an absolute master.  He has a deep, resonant voice, is extremely intelligent, and can read those speeches with total ease and composure.  His speech Tuesday night was masterful […]

  As everyone rejoices at $1,000 gold, please remember that in 1980, gold was also at $1,000.  In 1980, with gold at $1,000, things then were a bit different as far as economics are concerned.  As an example, in 1980. the average annual income was $17,710.  In 1980, a stamp was fifteen cents, eggs ninety […]

  As everyone rejoices at $1,000 gold, please remember that in 1980, gold was also at $1,000.  In 1980, with gold at $1,000, things then were a bit different as far as economics are concerned.  As an example, in 1980. the average annual income was $17,710.  In 1980, a stamp was fifteen cents, eggs ninety […]

  As everyone cries havoc in ever mounting spirals of hysteria, the various states are crying the loudest, and rightfully so.  As the D.C. Gang grows more conspicuous in their bogus, frenzied, espousal of causes to bail out and promote with paper money, the states seem to have been left out.  In California, for lack […]

  Amongst the dry rustle of dead illusions, fantasies, and outright lies, emanating from the D.C. Gang and its adherents, is the myth that fighting in Afghanistan, Iraq, Korea, or Vietnam, is ’fighting for your country.’  I am certain that the Soviets  publicized a similar falsehood when they attempted to conquer Afghanistan with the insertion […]

  One of the saddest things in today’s world, is the feeble effort to create value by means of the printing press.  Around the world, all currencies, which are supposed to represent worth, value, stability, and asset conservation, are merely printed pieces of paper with ink and engravings on them.  That’s it.  Value cannot come […]