The Government and Fed must preserve their power and benefits for the rulers. When there is a perceived crisis (real or imaginary), they immediately swoop in like Mighty Mouse to save the day, instituting (emergency) policies. They don’t want unhappy citizens storming the palace. They might save today, but they have no regard for tomorrow, leaving the adverse consequences for […]
» Read moreEnough is enough! It makes no difference what political party is at the helm, our government is foolishly wasting money and putting OUR country at risk. While the preamble to our Constitution begins with, “We The People”, somehow the concept of elected representatives looking after OUR best interest got lost along the way. Pundit Bill Bonner defines government in simple […]
» Read moreI was in “Basic accounting 101”. The professor wrote “RULES” on the blackboard (an ancient visual communication device). Rule #1 – debits on the left, credits on the right. Rule #2 – Assets minus liabilities = net worth. While the blackboard may be obsolete, the rules still apply today. A recent Zerohedge article includes a chart outlining corporate bond debt […]
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