Ever notice that when something happens, no one ever thought of it till it is a matter of fact? Teen-age boys think they are invincible and nothing could ever happen to them. “Why my reflexes are so good, that I can avoid accidents.” That’s why their insurance premiums are so high. When the dot com […]

Last week, I hypothecated that the government, as unauthorized by the Constitution, has become a huge insurance scam, which is actuarially unsound from the word go. The insurance “coverage,” which is compulsory, grows as each day passes. This coverage, draws down the currency, due to huge deficits. Now, we are engaged in a bottomless pit […]

An actuary, is a person who figures insurance risks. If an insurance company issues an auto liability policy to a 16 year old male, with a yearly premium of $10, it is actuarially unsound. The insurance company will soon be bankrupt. Actuaries, are of the greatest importance to an insurance company. What has this to […]

No one should want bad things to happen to the economy. I hope that all the gold bugs, silver bugs, pessimists, doom and gloom sayers, calamity howlers, et al, do not want the American economy to collapse or get into more trouble than its leaders have already gotten it into. I wish everyone well, and […]

Suppose you went into a bank, and wanted to borrow $10,000. The loan officer would say, “How will you secure the loan?” This is as it should be, if all were true, honest, or even logical. You then offer to secure the loan with a pack of cigarettes. The loan officer then becomes indignant, and […]

Big Mouth Arianna Huffington, the darling of the Republicans, has quit, and is now urging everyone to vote “NO” on the recall in California.  “Anything but Arnold,” is her plea.  Arnold is ahead, and will probably win, and no thanks to his looks or ability, but they are certainly better than hers.  The one who […]

The very word “Exchange,” indicates a trade, barter, purchase, or the like. Be it a night on the town with a damsel, for physical considerations, or currency exchange for the same thing, it is the oldest profession, and certainly involves exchange of one item for another. Purchasing a meal at a restaurant, a car at […]

Exchange, is perhaps the most important thing that any man, woman, or child can ever do! No kidding. Think about it from the angle or age of any single living man, woman, child, or even animal. An animal, who is hungry, and spots a prey, exchanges his security and hunger, for the danger of capturing […]

In Philadelphia, at the corner of Washington Lane and Germantown Ave, is the “Sparrow Jack House.” This is where “Sparrow Jack” lived. He is the man famous for bringing to America, the English House Sparrows, in 1859. Since Sparrow Jack did his deed, the sparrow has become a damned nuisance, and been responsible for the […]

Last week, I attended the annual Eris Society get together, which is a libertarian think tank. One of the featured speakers, was Jim Rogers, a TV star on some show or other, and a superb speaker. He and his wife had just completed a 3 year, 156,000 mile trip around the world in their custom […]