This is an extremely powerful 10 minute clip that I suggest everyone take the time to watch. What I find so remarkable about it is the fact that this speech was given over two years ago and I am just seeing it today for the first time. It demonstrates that there are many, many brave … Read more
So we wake up this morning to see prior retail darling Fossil Inc (ticker FOSL) plunge on disappointing earnings. Now stocks collapse all the time on numbers but 35%, wow. The financial “markets” are a joke, a farce, and every day more and more people become aware of it and head for the exits. Many … Read more
Ah Brisbane, the east coast Australian city where my brother studied abroad in 2001. Looks like if it is a precious metal and it’s not in your hands well…it’s not really yours! Key Quotes: The claims appeared in court documents filed in the Supreme Court which describe a hunt for at least $150,000 worth of … Read more
This article from the Huffington Post really says it all. If you aren’t on Wall Street borrowing from the Federal Reserve at 0% and buying financial assets on leverage or stealing from the citizenry in the cesspool we call Washington D.C., you are becoming poor. How’s that for Hope and Change. Key quotes: The number … Read more
You know the system is in trouble when it rolls out every multi-billionaire status quo gatekeeper to appear on CNBC and regurgitate the same trite propaganda lines to scare people away from protecting their financial well being via the one asset that has proven timeless and portable for thousands of years. What the sheeple still … Read more
My Take: More than two years ago in March 2010 I wrote the following. What is truly ironic about the whole mess we find ourselves in is that it seems the greatest fear of those that want to just keep pushing forward on the prior economic model that totally died in 2008 but has been … Read more
So today Warren Buffet and Berkshire Hathaway host their annual pilgrimage of automatons to the heartland of America to meet the country’s richest guy who is “just like you.” Why is he just like you? Because he eats hamburgers, drinks cherry coke and loves ice cream cones. This just a day after his right hand … Read more
Today is one of those days when I came across so many interesting articles that rather than highlight one and comment extensively I think it’s preferable to just post them all. 1. Leaked U.S. Army Document Outlines Plan For Re-Education Camps In America The title above speaks for itself but you really need to read … Read more
Must the citizen ever for a moment, or in the least degree, resign his conscience to the legislator? Why has every man a conscience, then? I think that we should be men first, and subjects afterward. It is not desirable to cultivate a respect for the law, so much as for the right. The only … Read more
My Take: Martin Feldstein’s article in the FT from a couple of days ago is so frightening I feel compelled to turn everyone’s attention to it if they have not read it yet. The focus of the piece is Spain and he spends much of it talking about how “confidence” is the key (one of the … Read more