There is a new sheriff in town! Errr, well, at least a new author around these parts. Well, not a sheriff. A deputy maybe? Barny Fife? No, not quite. Not in the least. No dear reader, I would not unleash a Barny Fife on you, lest I see my readership plummet even further than the mere crickets that read now. *cricket cricket* (As always to those who do read, a thanks, as I am only one man, and I do this for free and sometimes other priorities get in the way).
At any rate, since I have been sinking up to my eye balls in posts yet to be written (and thankfully not debt), when this author approached me about coming on, I figure what could it hurt. Considering that we go way back, I may come to regret this decision, but considering he is fired up about Washington politics, hello world, here ya go!
I promise you, FoxtrotUniform1911 will be VERY entertaining. So when you see his post(s) as its (their) 1s and 0s traverse the vast space that is the internet, please be kind as this is his first attempt at blogging (for free, not for pay considering owning this space doesn't pay very well either).
FoxtrotUniform1911, the floor is yours!
08 April 2011
02 April 2011
StratFor Assement of Declaration of War
A pure no nonsense, no BS analysis of our actions in Libya, and all the "conflicts" since the end of WWII can be found here from StratFor.
Want the Constitutional clarity as to why we have things like the "War Powers Act" and why we have not had a "declared war" since WWII? Then you want to read this. Nothing like a good intel-estimate for the average man, so click, read, and educate.
Want the Constitutional clarity as to why we have things like the "War Powers Act" and why we have not had a "declared war" since WWII? Then you want to read this. Nothing like a good intel-estimate for the average man, so click, read, and educate.
No Fanfare: US Soldiers Casualties Continue to Mount
I am posting this only as a redirect.
The more I read and learn about history, current events, and monetary policy, I have to question why we are still in Afghanistan (and thus why we went into Libya). Further, I have to ask, why isn't the media covering the fallen whom are supposedly fighting for our freedom?
Perhaps it is time for a dramatic shift in US geo-political-economic policy?
The more I read and learn about history, current events, and monetary policy, I have to question why we are still in Afghanistan (and thus why we went into Libya). Further, I have to ask, why isn't the media covering the fallen whom are supposedly fighting for our freedom?
Perhaps it is time for a dramatic shift in US geo-political-economic policy?
01 April 2011
KC Fed Hoening Hawks
Wondering why you are paying more at the pump? Ohhhhh, it might have something to do with that "accommodating monetary policy" program that the Fed has been running. In laypeople terms, printing money.
Finally, a Fed board governor agrees and see the downsides of what is coming our ways.
Finally, a Fed board governor agrees and see the downsides of what is coming our ways.
Gresham's Law: Take the Dollar Back to "Good as Gold"
Gold bugs have been called a little bit nuts at times and often discredited by the "real" market makers since gold doesn't really "produce anything." (Referencing to Buffet and others saying that gold is only a hedge and that it has no productivity value).
No, the shiny yellow metal may not have a lot of productivity appeal (more than that of making a lot of coins, bricks or jewelry). Though, recently, even mainstream publications have been running editorials calling for a return to the gold standard. The mere fact that a blogger for Forbes is saying we need a return to some form of gold standard is telling in and of itself.
I've made no bones about being a fan of the DailyReckoning.com who has made a simple case for years on how "gold takes away the meddlers' ability to meddle." In one of their posts today, they discuss how a man has been convicted of coining his own silver "Liberty Dollars" in an effort to circulate them and have them compete with the Federal Reserve Notes. Obviously, this landed the man in jail but oddly enough the charged levied against him by using "The Constitution – Article 1, Section 8, Clause 5 – gives Congress the power to issue money," disappeared at the trial. As Bill Bonner of the DR notes, "Apparently, it makes it a federal offense to compete."
So, that leads me to the big hitter of this post. While several states have been contemplating coining their own money (too which we are sure the FedGov will backlash), Utah has become the first state to buck Gresham's Law by removing the tax implicating penalties associated with the float of gold's price. (After all, the dollar floats too but only in the devalued form of cotton against the rising cost of goods).
While I am not a personal gold bug (as finances and commerce still have to be conducted in the worthless cotton/linen mix), I would feel far more secure and happier if I had some shiny "dollar" hedge of my own. After all, Warren Buffet is correct, gold is just another store of value that has no productive attributes, it just means that the big .gov and its crony / zombie capitalistic brothers can't stealthily steal from me as much. I think I speak for most of America by saying that we just want the ability to be able to pay our bills and not have to chose between food, heating oil, or mortgage payments, as our wealth is wiped out on the efforts to default the debt.
No, the shiny yellow metal may not have a lot of productivity appeal (more than that of making a lot of coins, bricks or jewelry). Though, recently, even mainstream publications have been running editorials calling for a return to the gold standard. The mere fact that a blogger for Forbes is saying we need a return to some form of gold standard is telling in and of itself.
I've made no bones about being a fan of the DailyReckoning.com who has made a simple case for years on how "gold takes away the meddlers' ability to meddle." In one of their posts today, they discuss how a man has been convicted of coining his own silver "Liberty Dollars" in an effort to circulate them and have them compete with the Federal Reserve Notes. Obviously, this landed the man in jail but oddly enough the charged levied against him by using "The Constitution – Article 1, Section 8, Clause 5 – gives Congress the power to issue money," disappeared at the trial. As Bill Bonner of the DR notes, "Apparently, it makes it a federal offense to compete."
So, that leads me to the big hitter of this post. While several states have been contemplating coining their own money (too which we are sure the FedGov will backlash), Utah has become the first state to buck Gresham's Law by removing the tax implicating penalties associated with the float of gold's price. (After all, the dollar floats too but only in the devalued form of cotton against the rising cost of goods).
While I am not a personal gold bug (as finances and commerce still have to be conducted in the worthless cotton/linen mix), I would feel far more secure and happier if I had some shiny "dollar" hedge of my own. After all, Warren Buffet is correct, gold is just another store of value that has no productive attributes, it just means that the big .gov and its crony / zombie capitalistic brothers can't stealthily steal from me as much. I think I speak for most of America by saying that we just want the ability to be able to pay our bills and not have to chose between food, heating oil, or mortgage payments, as our wealth is wiped out on the efforts to default the debt.
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