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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: Viewpoint
A Cashless Society Is A Controlled Society
If Everything Must go Through an Online Banking or Credit Card Process, Then You Have Just Lost Virtually all Control Over What You Buy. (Most of world population would have no way to buy food after a cyber attack) While … Continue reading
How Genghis Khan Is Driving Your Grocery Bill Higher
Over eight hundred years ago, in what is now northwestern China, the Uyghur people – long before they were carted off to internment camps by the Communist Party – ruled their own independent kingdom, known as Qocho. Then, in the … Continue reading
Conquering Overspending: Benjamin Franklin’s Approach to Controlling Spending and Curbing Impulses
Thousands of books have been written on personal finance, financial planning, investments, debt management, and the topic of money in general. Upon reading such books, a common theme becomes obvious: Personal finance is a straightforward discipline, at least in theory. … Continue reading
The Federal Reserve Does Not Own Gold
Historically — as during the days of the classical gold standard – central banks maintained stocks of gold to facilitate the conversion of gold-backed national currencies. Those days are long gone, but in modern times, many central banks continue to … Continue reading
Snyder: Donald Trump Says That A Great Depression Is Coming… He Is Right!
Do you believe Donald Trump? He is entirely convinced that if we stay on the path that we are currently on we are heading into a “great depression”, and many believe that he is right on target. Unemployment is rising, … Continue reading
Kunstler: …and Suddenly Things Change
“The global economy is becoming unburdened by what has been.” ~ Jordan Schachtel on “X” That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but … Continue reading
How the Economy Changed: There’s No Bargains Left Anywhere!
The economy has changed in many ways, and it’s difficult to track the glacial movements over decades. One change that few seem to recognize or discuss is the disappearance of bargains: cheap rent, cheap meals at hole-in-the-wall restaurants, cheap transport, … Continue reading
“He ain’t never done nothin’ but get shot in Dallas. . .”
When the first shot rang out at Dealey Plaza on November 22, 1963, most bystanders didn’t even realize that it was the sound of gunfire. But Texas Governor John Connally was an avid hunter. He recognized the sound, sensed danger, … Continue reading
Smith: The American Economy’s Final Hard Fall
As I look at the incredible numbers we see in our nation’s budget, it becomes readily apparent that this is a shipwreck looking for a reef to hit and unsustainable as all hell. It has to be in their plans … Continue reading