Saturday, November 9, 2013

How A Bill Becomes Law - Short Explanation

Tuesday, August 20, 2013

140 Years of Monetary History in 10 Minutes...

Oh, that great invention to scam off other people's work and production: Fiat Currency.

Friday, May 3, 2013

Housing Market Bouncing Back?

The Great Greenspan Depression of the Millennium virtually destroyed Middle Class America and the US housing market. The Federal Reserve's massive destruction of jobs and the transfer of wealth from the illiquid unlucky to the liquid lucky caused worldwide chaos and opened opportunities to those with the right inside contacts in Wall Street or the "lucky ones" able to somehow maintain liquidity.

But what comes down too much also does come up eventually...

The following chart provides some perspective on the single-family home market. It  presents the median single-family home price divided by the price of one ounce of gold. This results in the Home Price / Gold ratio or the cost of the median single-family home in ounces of gold. For example, it currently takes a relatively low 116 ounces of gold to buy the median single-family home. This is dramatically less than the 601 ounces it took back in 2001. When priced in gold, the median single-family home is down 74% from its 2001 peak.

Since making new 32 year lows last year, home prices (priced in that other global currency - gold) have worked their way higher. In fact, the median single-family home priced in gold has just broken above its eight-year, downward sloping trend channel.

Sunday, November 11, 2012

The Fiscal Cliff and Government Waste: A Clear and Present Danger

Watch this chilling clip illustrating the direction our Country is heading as a result of the corruption of the electoral process. The Great Greenspan Depression of the Millennium has only emphasized the effects which have been coming for over a decade, culminating in the Supreme Court's "Citizens United" Decision which gave tacit approval for corporations to purchase Congressmen and other politicians in power. When taxpayer funds are used not to improve infrastructure or the well-being of the citizenry, but rather used to pay back favors to special interest groups a Country begins to self-destruct.

Source: “Line Blog” held a prize competition for $100,000 for whoever can most effectively and creatively dramatize the significance of the federal debt crisis. Any creative product was eligible: videos, songs, paintings, screenplays, Power Point presentations, essays, performance art, or anything else. Several entries have gotten a lot of attention and a lot of views or listens. But unquestionably, the most popular so far is "The Doorbell".

Wednesday, July 18, 2012

The Greatest Country in the World?... A Wake up Call


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