“Gold is money everything else is credit.” J P Morgan In 1912 ole J.P. told Congress that and the next year that same Congress founded the Federal Reserve. The income taxes, social security, and other helpful programs would follow, but the key to it all was gold. It is difficult for the government to steal …
Bygone Relics
sure nice to take a break from the news and just rant on Bygone Relics for a minute about a simpler country and use a couple expletives from time to time. There is too much news to contend with so we had better just have a talk about Zambonis. If you have ever been a …
Folks, it is getting tough out there. Part of my time is scouring news sites informing myself and trying to figure out where the financial puck might be going, but sometimes I realize that the puck stops here, and I did the same when I got to this article from MarketWatch. Alessandra Malito responds to …
“If you have to convince a group of people who are not directly dependent on the solution of a problem, you will never succeed.” Ludwig Von Mises, Socialism lesson In the last Looking Backwards Looking Forwards I mocked a homeowner that had refinanced his or her house into a 52-year mortgage. Mocked is the word, …
“A country becomes more prosperous in proportion to the rise in the invested capital per unit of its population.” Ludwig Von Mises I was recently watching this new movie called Twister. It is a story about tornados and chasing them. It has Bill Paxton and the oh so lovely Helen Hunt. If you don’t find …
Dunkirk was a wonderful movie that chronicled the desperate plight to get the mostly English soldiers off mainland Europe and back home to the UK. Germany had outfoxed them, and the destiny of a country truly hung in the balance. The UK owned the seas and were able to summon enough boats to get their …
The Golden Arches are a symbol of McDonald’s, or golden arcs if you are a fan of McDowell’s, but mostly they are a symbol of Americana. They represent fast food, quick delicious, with the best breakfast value in the world, well before this last inflation hit and now a pair of breakfast burritos will set …
In the wee hours of March 26, 2024 a huge container ship called the MV Dali slammed into the Francis Scott Key bridge in the Baltimore harbor causing the bridge to fall into the bay. The bridge spanned the Patapsco River and was a vital shipping port on the east coast with easy access to …
As we wait for the market to come down from the pharmaceutical driven high it must be on, after melting higher despite CPI higher, PPI higher, retail sales worse etc. In these bubbles, logic and reason are a casualty for awhile and it looks like forever in times like this. However, it is just camouflaged …
It’s hard and lonely being the lighthouse, but it is easy to be the sea and go with the flow. The lighthouse must be sure of himself, anchored in his beliefs, and a beacon for others to see. They are indispensable for navigation during storms and protect ships and keep them from capsizing on the …