The gang rapes in India have shocked the world. But worse has been the revelation that participating members of the gangs have included Indian politicians. You would expect this practice to be gangs of youths. But no – politicians joining the melee? http://www.bbc.co.uk/news/world-asia-india-21469286 It was very common that women are being raped by prison guards in […]

Obama wants MORE tax increases and no spending cuts. This man is totally insane. He must have taken the little bus to schools because his logic is anything but logic, and his observation powers are myopic for he cannot see what France is doing. His constant insane rantings against anyone who has money should cough […]

Question: Has any government ever survived a debt crisis? The answer to that is ABSOLUTELY no. This is simply how government always die and we do not speak Latin, Ancient Greek, Ancient Egyptian, Ancient Chinese, or Ancient Babylonian. They have ALWAYS, and without exception, used the same Obama Logic going on right now. They have routinely seen themselves as […]

Question: Has any government ever survived a debt crisis? The answer to that is ABSOLUTELY no. This is simply how government always die and we do not speak Latin, Ancient Greek, Ancient Egyptian, Ancient Chinese, or Ancient Babylonian. They have ALWAYS, and without exception, used the same Obama Logic going on right now. They have […]

President Barack Obama is warning that “people will lose their jobs” if across-the-board budget cuts take effect as scheduled next week. He argues that the $85 billion in cuts — known as the sequester — are “severe” and says they won’t help the economy and won’t create jobs. Let me get this straight. If he raises […]

The drones (unmanned & armed remote control aircraft) are widely used by the US against foreign targets outside of the USA. However, there is a growing concern that use of drones inside the USA would be the final straw in completing George Orwell’s 1984 with big brother watching everything. Cities have already adopted cameras monitoring […]

The deficit reduction scheme in Washington has always been overstate what you INTEND to spend, cut that back 20%, and proclaim you cut the deficit. We might as well all write those checks between countries for $20 trillion at the end of each quarter and proclaim we balanced the budget that day! http://www.youtube.com/watch?feature=player_embedded&v=Oe-npcSbu2U

The high on gold on the AM London Fixing was $850 back in 1980. However, when we index this to the government CPI adjusting it for inflation, the 1980 high corresponds to a price of $2,305.18 in 2011 dollars. This is a far more important number than all the nonsense of fiat and hyperinflation. Gold […]

From a reader in France: The french government is studying a new tax on 1)Family allocations and 2) Retired pensions: http://fr.news.yahoo.com/la-taxation-des-allocations-familiales-fait-d%C3%A9bat-100320458.html But no word about cutting government spending. For example, civil servants don’t pay the entrance fees to swimming pools, the train and subway tickets, etc. Even the children of the french diplomats go to […]