The various uprisings and revolts in the Mid East have wreaked havoc with America, and for that matter the rest of the world. As usual, America has done exactly the wrong thing by sending warships off the coast of Libya. We will never learn to mind our own business. We will always decide who […]
The state Legislatures in a couple of states have set new records for irresponsibility. A revolution. Do they realize they are making the Democrat Party the laughing stock of not only America, but the world? “We don’t like the way the elections turned out, even though the winning candidates promised in advance what they […]
I take all types of risks every day, as do you, the reader. Life is full of risks, and there is even a field of endeavor called “Risk Management.” I risk my safety when I go out in my car, that some reckless or drunk driver won’t crash into me. I take a risk […]
I have written thousands of columns, five books, and continue to do so. I have huge, loose leaf books, full of columns written decades ago. Yesterday, I picked up one of the binders and congratulated myself on stuff I had written 16 years ago. The following was written May 8, 1995. “It is an […]
The frauds in D.C. insist that inflation is absolutely no problem. Bernanke says it, so we know it’s true. Of course the official inflation rate doesn’t include foods or fuel, all of which we use daily, but that makes no difference to the D.C. Gang. If they say we have no inflation problems, we […]
Since we just got back late on Wednesday evening, I am going to write about where we went, because it may interest you mainlanders. Hawaii is a paradise. During the 10 days we were there, it was always 80 or so in daytime, and maybe 60 at night. Hawaii is a strong Democrat state. […]
I was going to write about the absurd State of the Union Speech, or Obamacare, but the current correction seems to be more important. Not to me, but to newbys. The current correction in gold and silver, is the most severe in the last year. 7%. Believe me, a 7% correction in anything, is […]
Back in 1843, a Brit named Daniel M’Naghton tried to assassinate the Prime Minister, and failed. He only killed his assistant. When he came to trial, he pled that he was insane, or words to that effect, and he escaped being hung. As the chief medical officer of a Baltimore circuit court said, “When […]
There are over 539,000 government agencies in the United States! At all levels, of course. City, County, State, and federal governments, and all operating at peak inefficiency. Is this slander? Am I slamming honest, hard working bureaucrats? I don’t mean to, because in all governments, there are hard working employees trying to carry out […]
Why do markets correct? It really isn’t too difficult. We must always remember the laws of supply and demand. When there is a plentiful supply, prices go down, and when there is a short supply, prices go up. This also can be translated into profit and loss. When there is a profit, people often […]