Winston Churchill made the point clear: “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” There is no such thing as taxation that ever increases the living standard or economic growth. That is a fundamental […]

Gold remains vulnerable to a collapse although not instantly. A monthly closing beneath 1532 will signal that a drop to the mid-1100 zone is likely. The Goldbugs have already been banning together to try to make sure no one listens to anything I have to say. They remain bent of BUY AND HOLD and are […]

The Japanese central bank announcement that it will buy about 13 trillion yen ($146 billion) in assets per month from January 2014 and set a 2 percent inflation target sounds nice, but it is more likely to stimulate a rise in interest rates than inflation. With the geopolitical concerns rising, Japanese are not confident about […]

The famous golfer Phil Mickelson was forced to apologize for saying he would have to make “drastic changes” due to new U.S. and California tax laws. The 42-year-old golf champion said the comments should have remained private. He has been assailed as sponsors are intimidated by the government. God help us if we really ever had […]

U.S. Supreme Court Pollock v. Farmers’ Loan & Trust Company, 158 U.S. 601 (1895) Pollock v. Farmers’ Loan & Trust Company (Rehearing) No. 898, 894 Argued May 6, 7, 8, 1895 Decided May 20, 1895 158 U.S. 601 APPEAL FROM THE CIRCUIT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus […]

U.S. Supreme Court Flint v. Stone Tracy Co., 220 U.S. 107 (1911) Flint v. Stone Tracy Company Nos. 407, 409-412, 415, 420, 425, 431, 432, 442-443, 446, 456-457 Argued March 17, 18, 1910 Restored to docket for reargument May 31, 1910 Reargued January 17, 18, 19, 1911 Decided March 13, 1911. 220 U.S. 107 APPEAL […]

U.S. Supreme Court Brushaber v. Union Pacific R. Co., 240 U.S. 1 (1916) Brushaber v. Union Pacific Railroad Company No. 140 Argued October 14, 15, 1915 Decided January 24, 1916 240 U.S. 1 APPEAL FROM THE DISTRICT COURT OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF NEW YORK Syllabus Under proper averments, a stockholder’s […]

Obama signed 23 executive orders against guns. The real movement is to disarm citizens. They are not stupid. Laws like this do not stop criminals. All they do is prevent the people from defending themselves. They will accomplish nothing to further the pretended reasons for the enactments. The “kill switch” on the internet the Obama […]

QUESTION: I attended the Bangkok Conference. I am in awe how can the computer have projected the rising tension in January back in October? ANSWER: The computer has been able to pick up geopolitical events and tensions on a major scale like this not by feeding in what people are saying or news reports. In […]

France is not alone. Mickelson spoke and made it clear “there are going to be some drastic changes for me because I happen to be in that zone that has been targeted both federally and by the state. And, you know, it doesn’t work for me right now. So I’m going to have to make […]