In May of 1975, I sold the Grand Imperial Hotel in tiny Silverton Colorado for six times what I had in it, and took a 30 year note back, which meant that I didn’t have to work any more.  I was 41, and that didn’t work.  I had sort of ‘retired’ in Scottsdale Arizona.  I […]

The phone rings, and it is an old customer who lives a few miles from me.  Peter asks if he can bother me for a few minutes. “Certainly!  Come on by.”  Peter comes by, doesn’t want to buy anything, but pulls out a folded advertisement which tells the reader that he can get silver bars […]

The stock market has done a bit of correction in the last week or so.  About 7%, as a matter of fact.  To me, who doesn’t own a single share, it was to be expected.  “Whatever goes up, must come down,” or “Down don’t worry me,” from an old Negro spiritual.  Corrections are a normal […]

Economics is the backbone of every business, individual, and state.  Without excellent ratios between buyers and sellers, and government expenditures and tax receipts, bankruptcy will surely be threatened.  With that in mind, I quote a reliable source for one sector of the economics of the state of Illinois. “The state of Illinois debt is currently […]

Everyone wants to be rich!  There are thousands of web sites, advertisements, and other come-ons by con artists, who for a fee, (of course), will divulge to you the means they used to corner the market on stuff, open a sure fire business, work from home and take it easy as the moola flows in, […]

You may remember that the Bundys were charged twice about having their cattle grazing on ‘federal’ land without paying for it.  They went to court twice and were found not guilty twice, and ‘with prejudice’ the second time, meaning that they cannot be tried again.  The question then is; who owns the ‘federal’ lands?  I […]

That book would be difficult to read, and especially if a new page were added every two hours and nine minutes.  That is according to a publication called “Ten Thousand Commandments,” published yearly by the Competitive Enterprise Institute.  In it,  Richard Hudson, R. N.C., said regarding the regulations and rules for Obamacare, “Even though the […]

This morning on NPR, a weepy UNICEF woman was bemoaning the fact that there are close to 50 million kids in the world, who are either starving, disease ridden, or abandoned.  She itemized the nations in which these kids live, and guess what?  They are all Muslim nations.  I never would have guessed.  (not much).  […]

Now that Republicans have gotten the tax reduction bill passed and signed, It’s interesting to note that Democratic critics are deeply worried that the national debt may be increased by a trillion dollars in the next ten years.  Oh Dear!  Even some ‘moderate’ Republicans seem to be a bit worried about it.  Hey guys, is […]

The bubble escalates.  As of Friday, December 15, 2017, a brass coin was selling for over $19,000.  A coin which has no physical value, as do gold and silver coins.  Why do gold and silver coins have value?  Because they require capital, machinery, exploration, etc. to produce, and their rarity has caused gold and silver […]