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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system." ~Raymond Chandler , The Long Goodbye -
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Category Archives: The Mine or the Shaft
“Non serviam! Better to reign in Hell, than serve in Heaven.” ~ Satan
“The servant carries out the master’s will. The servant doesn’t tell the master what to do. The servant does not choose which tasks to perform for the master, nor does the servant suggest days or times when it would be … Continue reading
White House Begins to Cave to House Republicans on Debt Ceiling
President Joe Biden caved to Republicans and signaled that he could accept some reforms in a potential debt ceiling deal after months of refusing to negotiate any spending cuts or reforms. White House and congressional staffers have wrangled over the … Continue reading
What the debt ceiling standoff could mean for your retirement plans
President Biden is expected to meet with congressional leaders on Tuesday about the debt ceiling, with just about two weeks until the country could run out of money to pay its bills. Economists and administration officials have warned that a … Continue reading
Dollar General in Deep Do-DO!
Dollar General’s troubles have snowballed into cluttered aisles and stores forced to close by fire marshals. Employees tell us what went wrong. It was Christmas in May in the back room of a Michigan Dollar General last year…
Dead Weight Debt
Every penny dropped atop the national debt causes it to weigh ever more heavily upon the body politic until it crushes our liberty. Throughout medieval times until the early 18th century, one particularly excruciating European torture was peine forte et … Continue reading
Why Americans Should Worry About the Dollar Losing Its Value
The U.S. dollar has been declining for several months, causing it to lose value and igniting fears that the country is heading for a recession. According to Charles Schwab, the dollar has fallen by about 8 percent to 10 percent … Continue reading
KING DOLLAR – END OF HIS REIGN
Nearly 12 years ago I penned a similar cartoon to this one. It featured the sad demise of ‘King Dollar’. The earlier cartoon showed the defeated old King Buck surrounded by his decaying kingdom. The forces of real money, gold … Continue reading
The Oligarchy Is Audacious
“The reputation of economics and economists, never high, has been a victim of the crash of 2008. An even more serious criticism is that the economic policy debate that followed seems only to replay the similar debate after 1929. The … Continue reading
Rise of the Petroyuan: The End Of The Petrodollar’s Reign And The Impact On Global Markets
Did you know that central banks bought more gold last year than any year in the past 55 years—since 1967? Though most don’t realize it, 1967 was a significant year in financial history, mainly due to the events at the … Continue reading
Average US Taxpayer Spent $1,087 on Pentagon Contractors in 2022
“The main message? Our government is continuing to invest too much in the military, and in militarized law enforcement, and not nearly enough on prevention, people, and our communities.”