In Response to this blog post “Why Coke Cost a Nickel for 70 Years” I wrote this comment: “Same reason the price of oil was basically the same from 1920-1970, even through the invention of automobiles and Jet Airplanes! It’s because Nixon closed the London Gold window in 1971. That’s the whole and only reason… Continue reading How to End Inflation Once and For All
There were three causes, and all were the government driven: The Congress – The Community Re-investment Act. This is what gets me: Everyone thinks it was lack of regulation that caused it. The regulation in the form of this act forced them to lend to everyone and everybody! I mean how much more ironic can… Continue reading The Government Was the Cause of the Financial Meltdown of 2008
Here’s the best way to put it: Quantitative Easing (QE) is like saying that simply feeding a guy will make him exercise more. It doesn’t. It just makes him more fat (inflation). On the other hand, someone who is working out and growing muscle (ie, a metaphor for a growing economy) does need to be… Continue reading The Biggest Problem the World Faces: No Stable Unit of Account
Just because he doesn’t want to bomb other countries. Just because you don’t want a ‘World’ government, a centralized control system that takes away the liberties of the individual, doesn’t make one “Isolationist.” He wants to be friends with other countries, trade with them, visit them, have them visit us, respect their sovereignty. That’s the… Continue reading Talking Heads: Quit Calling Ron Paul an Isolationist
I saw a headline on Drudge this morning entitled “Iowa Gov: Ignore Paul Win.” which links to a Politico article entitled “Will Ron Paul kill Caucuses?” So, does the Iowa governor decide who the nominee is? Or is this a democracy? The caption of the photo says, “GOP elites in Iowa are worried about the ramifications… Continue reading Will Democracy Kill the Iowa Caucuses?
“He who is forced against his will, is of the same opinion still.” – Deepak Chopra I’m sure you know the back story: Last week, Rand Paul, son of Congressman Ron Paul (R) Texas, won the Republican nomination for Senate in the Commonwealth of Kentucky. The day after his victory, his Democratic opponent, Jack Conway,… Continue reading In Defense of Rand Paul