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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
Ross: Fate Has A Sense of Irony
“All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.” ~ … Continue reading
Where Were You 31 Years Ago?
Q: How do you get your broker out of a tree? A: Cut the rope. ~ Common joke from October 1987 It was 31 years ago, on Oct. 19, that I watched a $300,000 stock portfolio begin to vaporize, with … Continue reading
How the Myth of the ‘Robber Barons’ Began—and Why It Persists
The widely-accepted “history” of America’s Gilded Age was grossly inaccurate, but it told a compelling story that many fell for hook, line, and sinker…
How the Socialism of Imperial Rome Ushered in Feudalism
In years of peace, Diocletian, with his aides, faced the problems of economic decay. To overcome depression and prevent revolution, he substituted a managed economy for the law of supply and demand. He established a sound currency by guaranteeing to … Continue reading
The Merry Old Land of Oz
Over these past twenty-four years as an on-air commentator, I have revisited variations of this theme on numerous occasions – and today we are going to revist the following post from January 21, 2011. That, which you are about to … Continue reading
In less than 20 years, the U.S. dollar has lost 80% of its value vs. REAL money (gold)
For those among us who feel safe and secure – perhaps even a little smug – about the value of the U.S. dollar, convinced that a Venezuela-type crash of the currency could never happen in the United States, this article … Continue reading
Say WHAT? Social Security Has Not Been ‘Looted’
The newly released Social Security Trustees Report describes serious fiscal issues with the program and stresses that it should be reformed soon, or the situation will become much worse. However, public support for reform is impeded by a common fiction … Continue reading
The Slow-Motion Financial Suicide of the Roman Empire
Are we the Reincarnation of Rome? “If you wanted to understand a politician you mustn’t pay too much attention to his speeches, but find out who were his paymasters. A politician couldn’t rise in public life, in France Rome any … Continue reading
The Way Things Are…
No matter the political direction the wind may blow, and no matter what we are told on the news – the job market in America is not all that we are led to believe and although this video is a … Continue reading