As the years passed, there seemed to be a real problem in the kingdom of the United States of America. Everything seemed to be going wrong. Prices kept going up, with the Emperor’s economists wrongly blaming the greedy shopkeeps and manufacturers. The schools weren’t doing too well either, with most graduates not being able to […]
Once upon a time, during the period from about 1910 to 2010, in a wonderful land known as the United States of America, there came about a series of emperors, whose job it was to make everyone feel comfortable and prosperous. Unlike other fairy tales, these emperors were elected, after the emperors proclaimed glorious futures […]
As we were driving to and from Dallas a few days ago, I couldn’t resist taking the old US 66 when possible. It is striking to see how dependent businesses are on highway travel. (I have always thought that the damnable interstate highway system has caused ruin and loss of jobs to millions). The abandoned […]
I have never met Richard Russell, but I have been reading him since 1977, when I first began doing this. He’s possibly the most accurate prognosticator of markets I have ever had the pleasure of reading. He isn’t cheap. $250 for 17 letters, but then you can latch on to his daily commentary on the […]
A few years ago, I was rummaging through a used book-store in Phoenix, and I came across a very interesting book, whose title is, “Barnes Federal Code.” The sub-title is, “Containing all federal statutes of general and public nature now in force.” The book has 2831 pages, of which 318 are an index. The first […]
In my column last Friday on my web site, (click on Don’s Column), I hypothecated that the hurricane might trigger a terrible situation in America, and could possibly be the beginning of a collapse. Over Labor Day, the wife and I traveled to Silverton with our new (used, old, cheap, but works fine) motor home, […]
I’ll admit it. I have gone into Las Vegas casinos, and inserted a hundred-dollar bill into a slot machine. One time I did it, and the first pull got me $1,000. I took the dough and walked away. Having lost more than I have won, I, long ago have kept away from Las Vegas gambling […]
Last week I took California to the cleaners, and spared nothing. I got not a single objection from anyone, but rather a few e-mails from Californians who agreed. Perusing my library, I came across a book, which I had bought and read way back in 1998. This, of course, was before the stock market melt-down, […]
I know, I am picking on one state, and I should leave it alone. Except is seems the most logical candidate for a melt-down. I could pick Boston, New York, Washington D.C., or Atlanta, but California has all of the ingredients to me which could precipitate an economic disaster. I am not trying to pick on it, […]
A fellow called me this morning and asked me, “How long can this go on?” My answer? I don’t know, but it has gone on as long as it has, as opposed to the German and France collapses, because of huge amounts of credit. I mean credit, the likes of which couldn’t even be comprehended […]
