I really do like coffee.  Black coffee, and good coffee.  I have discovered a small coffee plantation in Puerto Rico, owned by a doctor and his wife as a sort of hobby.  I have absolutely no interest in this in any way, but I bought a five pound bag of this coffee and it is […]

It’s close to Halloween, so why not one in basic economics? Here goes. Fact # 1: No currency in the entire world is backed by anything, be it precious metals, mulberry leaves, scrap metal, copper, acreage, or cotton thread. All currencies in the world, including the Swiss Franc, are merely pieces of paper with various […]

I was in my 30’s when the Vietnam debacle was gong on, and I never liked it, nor thought we should have been there.  99% of vets from Vietnam agree.  It was an unmitigated disaster, and pointless.  But back in the 1960’s and early 70’s, the people who opposed Vietnam were the hippies and druggies, […]

I watched Meet The Press Sunday, as I usually do, and I was appalled at Republican Kennedy (Minnesota) try to keep his seat, which I am sure he will loose.  What a moron!  Hey Republicans, want to keep your seats?  Then make the brief speech below, and you will keep it.  Otherwise I don’t feel […]

Cuba?  That communist Fidel’s hideout.  What in the world could you have to say about that?  Easy!  Why can’t we go there?  Cuba used to be the most wonderful of places to visit.  There were regular air routes to Cuba and Americans used to rumba, drink Cuban rum, smoke Cuban cigars, and sunbathe on Cuban […]

As America goes down the drain economically, and the buck loses ever more value and purchasing power, there are many reasons for it. We have discussed the huge problem of overseas jobs, and how some of it comes about by tinkering with tariffs. But there are other serious things, which debilitate the dollar, causing it […]

First of all, it’s none of our business.  Neutrality is what we should adopt.  Sound familiar?  Those were the first two sentences of Monday’s column.  Now, the US says it might barricade all North Korean ports, and stop and inspect all ships going in and out of north Korea!  The UN might come up with […]

First of all, it’s none of our business.  Neutrality is what we should adopt.  Since North Korea has exploded a nuclear device, it places China on the spot.  For decades, China has supported and fed North Korea, while Kim Il Jong and his father built the world’s largest army of over one million, with more […]

Paul Volker, who used to be the Fed chairman, and who blew the whistle on the UN “oil for food” corruption, last week made an interesting statement.  “There are disturbing trends:  Huge imbalances, disequilibria, risks…call them what you will.  Altogether the circumstances seem to me as dangerous and intractable as any I can remember, and […]

The free traders can think of only one thing it seems, and that is cheap consumer prices. While I love cheap prices, I abhor “free Trade” as I wrote in my book, which is now five years old. Speaking of my five year old book, which is out of print, I still can send it […]