So here we are, March 2005; in debt up to our nostrils, our government owes everyone, and its currency, the dollar, is falling from grace. How could all of this happen? Well, it didn’t happen suddenly, that’s for sure. Maybe it’s like a bus with failing brakes. The brakes still work, although maybe there is […]
In the last piece, we sort of left off in the 1970’s, when OPEC raised oil prices, and auto imports were increasing. By this time of course, taxes were so high, that moms everywhere had to go to work, in reality, just to pay the taxes. Not only income, but FICA and municipal sales and […]
There is a reason for everything. A reason why jobs are out-sourced, prices go up, dollars go down, manufacturing shifts to China, the stock market varies, and a reason for everything. Some reasons are extended over a long period of time, and many reasons are interlocked, but there is a cause for every effect. I […]
I am not going to rehearse with you the fact that the so called “Trust Fund, hasn’t anything in it but government bonds, and nothing of actual value, other than the “Full faith and credit of the US government,” whatever that is. In other words, the Social Security trust fund is a sham, just like […]
Yeah, I watched it, but I can’t imagine why. Just another football game with a half time show, consisting of a 64 year old Beetle, who can’t sing, accompanied by a lot of fireworks and teeny boppers who have been rehearsed to do a lot of cute things. The beetles were popular before these kids […]
It means “forbidden” in German, and there are many “forbiddens” in our lifetime. Adultery, prohibition, and drugs instantly come to mind, but there are others. Did you know that a simple poker game is illegal in most places? Any gambling is illegal, unless of course, it is with a state sponsored lottery, or in places […]
Risk is something we all take at one time or other, and for that matter, on a daily basis. We take a risk on everything! There is a risk that lightning will hit, an earthquake jar, plumbing burst, power go off, refrigeration cease, heating fail, roof leak, car fail to start, tire go flat, or […]
Lots of things go bust quickly. Enron and various other stocks have gone down the tubes instantly, as soon as their nefarious goings on were exposed. One rumor or newspaper story, can finish a stock quickly, costing stock holders many millions of paper dollars. Auto accidents can happen quickly, and with no advance notice. Trains […]
We all went through it, didn’t we? Our loving parents spun the yarn about good old St. Nick, who traveled through the sky, being pulled by his trusty reindeer, with a bundle of presents for all the good little kiddies. He came down the chimney, ate the cookies and milk you left for him, and […]
Paper, paper, paper. We’re being buried with paper. There are paper cups, plates, dresses, money, and now paper gold. That’s correct. There’s always someone trying to scam you out of your paper money with different paper. Will it ever end? Papers showing the ownership of gold? What for? Why would anyone want to own a slip […]