Just forty years ago in 1971, one ounce of gold would buy 35 US dollars. Twenty years ago in 1991, one ounce of gold could be exchanged for 350 US dollars. Today, that same ounce of gold will buy you more than 1500 US dollars. $1508 to be exact. From $35 to $1500 in forty [...]
Filed under: Economy, Political, Uncategorized | Tagged: common sense, Federal Reserve, Gold, helicopter ben, hyper-inflation, Idiot, Inflation, Nixon | 2 Comments »
Gerald E. Scorse is a nut case. Not quite Charlie Sheen nut case, but he isn’t too far away. Read this Op-Ed he wrote in the LA Times. He seriously thinks that people who bother to save for their own retirement are cheating everyone else in the country out of “untold billions in future Treasury [...]
Filed under: Economy, Political | Tagged: Constitution, Economy, Federal Government, Investment, IRA retirement, LA Times, Roth, Scorse | Leave a Comment »
Wow. How he did it: Three Keys to Boehner’s Budget Victory is a Fox News story that drools over Boehner. I personally think Boehner is the worst possible leader for the Republicans, because he’s a typical middle-of-the-road “Moderate” who stands for nothing – aka George “Read My Lips” Bush Sr and Bob “Could I possibly [...]
Filed under: Economy, Political | Tagged: Boehner, budget, deficit, FauxNews, Fox News, Inflation, national debt, Obama, Obama is an idiot | Leave a Comment »
According to several stories today (here’s the Washington Times version) the GOP has proposed a budget that cuts $4 trillion dollars. A Republican plan for the 2012 budget would cut more than $4 trillion over the next decade, more than even the president’s debt commission proposed, with spending caps as well as changes in the [...]
Filed under: Economy, Political | Tagged: Bonehead, Debt, deficit | Leave a Comment »
