Friday, July 30, 2010
Tuesday, July 27, 2010
Why Not Another World War? | Euro Pacific Capital
Why Not Another World War? | Euro Pacific Capital
This is an amusing paper from Peter Schiff about having a fake World War. Peter pokes fun at some who are saying what we need is another world war to pull us out of the mess we currently find our nation.
I have actually heard many say that what we need is a good old shooting war on a grand scale and everything will be okay. While the many I hear are saying this tongue in cheek are usually cavalier tough guys with a beer in one hand and a good smoke in the other, some economist bring up how WWII pulled us from the ashes of the great depression. Very easy to postulate in a bar or even on MSNBC but what would the millions of young men playing the role of cannon fodder say about the "theory" and social experiment of WWIII.
Anyway, thought I would share the article and the link to Peter's site and the article are above. Enjoy
Moderation in All Things
I have frequently used the quote Moderation in all things to my kids. I give credit of the source to Aristotle (384BC – 322 BC) from his Doctrine of the mean. I was reading something tonight in which the Author gave credit for the saying to Salon (638BC- 558 BC) A greek statesman and one of the Seven Sages of Greece.
Given the fact there about a 200 year difference in the lives of the 2 men, if Salon said it first it must have been a popular and often repeated idea for quite some time before Aristotle was born. Such must be the case in all popular thoughts and sayings, with the written history of man as ancient as it is I guess it is simply difficult if not impossible to have any original thought. Anyway, I Goggled it and started looking around a bit. Before long I can upon a chat room discussing the thread. The participants all seemed young and there was no lack of opinions. Mostly dumb, some correct and then I read this one and cracked up. This person was either quite witty or fairly stupid. You decide. His answer was:
“I had a friend who used to say "everything in moderation - including the truth". He attributed it to Plato but how reliable can a guy with that philosophy be?”
As for the origin I will stick with the Aristotle thing as the Greeks didn’t start to record history until the 5th century and while much was passed down through recitation and recorded it can only be in reality here say at best. I look at Solon as sort of the Tom Paine of his day. He became prominent for reciting a poem which rallied the Athenians to “arise and come to Salamis, to win that fair island and undo our shame”. It worked the Athenians open up a can of Whoop ass and defeated Megara taking the island back.
Monday, July 26, 2010
Congress Ranks Last in Confidence in Institutions
Congress Ranks Last in Confidence in Institutions
Why should this come as any surprise to anyone?
There are at least 70 members of Congress who proudly proclaim that they are Socialist. Best I can tell they are all members of the "Progressive Congressional Caucus" and are also members of the Democratic Socialist of America which is the largest affiliate of the Socialist International. Some kid asked me what's wrong with socialism not too long ago and frankly I was simply dumbfounded. I am not about to get into a protracted tirade on socialism, marxism and communism (lower case letters intentional) because if you don't understand the implications, I won't waste my time. But suffice it to say ... monkey around with this stuff and it won't end well.
Why should this come as any surprise to anyone?
There are at least 70 members of Congress who proudly proclaim that they are Socialist. Best I can tell they are all members of the "Progressive Congressional Caucus" and are also members of the Democratic Socialist of America which is the largest affiliate of the Socialist International. Some kid asked me what's wrong with socialism not too long ago and frankly I was simply dumbfounded. I am not about to get into a protracted tirade on socialism, marxism and communism (lower case letters intentional) because if you don't understand the implications, I won't waste my time. But suffice it to say ... monkey around with this stuff and it won't end well.
Defiant Bell mayor defends city manager's high salary, hours after official resigns | L.A. NOW | Los Angeles Times
Defiant Bell mayor defends city manager's high salary, hours after official resigns | L.A. NOW | Los Angeles Times:
July 23, 2010�|� 7:38 am
A defiant Bell City Council defended the hefty compensation awarded to City Manager Robert Rizzo and two other officials just hours after the three agreed to resign amid a public outcry."
Not only does the Bell City manager make almost $800,000 a year the Mayor is getting heat for what is described as a meth lab discovered on one of his rental properties. The city council members are paid $100,000 a year for what can only be described at best as a part time job.
">
July 23, 2010�|� 7:38 am
A defiant Bell City Council defended the hefty compensation awarded to City Manager Robert Rizzo and two other officials just hours after the three agreed to resign amid a public outcry."
Not only does the Bell City manager make almost $800,000 a year the Mayor is getting heat for what is described as a meth lab discovered on one of his rental properties. The city council members are paid $100,000 a year for what can only be described at best as a part time job.
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Saturday, July 24, 2010
The American Spectator : America's Ruling Class -- And the Perils of Revolution
The American Spectator : America's Ruling Class -- And the Perils of Revolution
This article gives a view of how we arrived in the situation we currently find ourselves politically
By Angelo M. Codevilla from the July 2010 - August 2010 issue
As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and opinion leaders stretching from the National Review magazine (and the Wall Street Journal) on the right to the Nation magazine on the left, agreed that spending some $700 billion to buy the investors' "toxic assets" was the only alternative to the U.S. economy's "systemic collapse." In this, President George W. Bush and his would-be Republican successor John McCain agreed with the Democratic candidate, Barack Obama. Many, if not most, people around them also agreed upon the eventual commitment of some 10 trillion nonexistent dollars in ways unprecedented in America. They explained neither the difference between the assets' nominal and real values, nor precisely why letting the market find the latter would collapse America. The public objected immediately, by margins of three or four to one.
When this majority discovered that virtually no one in a position of power in either party or with a national voice would take their objections seriously, that decisions about their money were being made in bipartisan backroom deals with interested parties, and that the laws on these matters were being voted by people who had not read them, the term "political class" came into use. Then, after those in power changed their plans from buying toxic assets to buying up equity in banks and major industries but refused to explain why, when they reasserted their right to decide ad hoc on these and so many other matters, supposing them to be beyond the general public's understanding, the American people started referring to those in and around government as the "ruling class." And in fact Republican and Democratic office holders and their retinues show a similar presumption to dominate and fewer differences in tastes, habits, opinions, and sources of income among one another than between both and the rest of the country. They think, look, and act as a class.
Continue reading: Here
This article gives a view of how we arrived in the situation we currently find ourselves politically
By Angelo M. Codevilla from the July 2010 - August 2010 issue
As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and opinion leaders stretching from the National Review magazine (and the Wall Street Journal) on the right to the Nation magazine on the left, agreed that spending some $700 billion to buy the investors' "toxic assets" was the only alternative to the U.S. economy's "systemic collapse." In this, President George W. Bush and his would-be Republican successor John McCain agreed with the Democratic candidate, Barack Obama. Many, if not most, people around them also agreed upon the eventual commitment of some 10 trillion nonexistent dollars in ways unprecedented in America. They explained neither the difference between the assets' nominal and real values, nor precisely why letting the market find the latter would collapse America. The public objected immediately, by margins of three or four to one.
When this majority discovered that virtually no one in a position of power in either party or with a national voice would take their objections seriously, that decisions about their money were being made in bipartisan backroom deals with interested parties, and that the laws on these matters were being voted by people who had not read them, the term "political class" came into use. Then, after those in power changed their plans from buying toxic assets to buying up equity in banks and major industries but refused to explain why, when they reasserted their right to decide ad hoc on these and so many other matters, supposing them to be beyond the general public's understanding, the American people started referring to those in and around government as the "ruling class." And in fact Republican and Democratic office holders and their retinues show a similar presumption to dominate and fewer differences in tastes, habits, opinions, and sources of income among one another than between both and the rest of the country. They think, look, and act as a class.
Continue reading: Here
Sunday, July 18, 2010
Could This Happen?
Right now we are in a deflationary period. what may likely follow, many just don't want to deal with. The question is What If It came to a neighborhood near you?
There are many just like the person who wrote to a local newspaper. Now consider that this person likely VOTES and may have already procreated.
Friday, July 16, 2010
Thoughts about Genetically Modified Foods and such
I’m no chemist or scientist but I have stayed in a Holiday Inn Express. So consider this when reading anything I print.
Over at http://buy-high-sell-higher.com We just had a subject brought up about Genetically modified foods or GMO. I started to reply and ended up with too much to put on the board off subject so I place it here for all to see. Some may find my thought interesting ….. or not. Besides it’s my blog so you will have to just deal with it or ignore it if you come here.
Monsanto manufacturers a weed killer called Roundup (glyphosate). It’s been around for years and you can pick it up at any Home Depot or any place that sells garden supplies. I have used it myself years ago to kill pesky weeds around the house. It works, just spray it and it kills whatever weed it gets on.
Only as I advanced in years have I ever considered to look at things differently just for the sake of having another view, one not so boring or ho-hum and I guess that may be a product of at some point finding life mundane and uninteresting after years of excitement and discovery. Nonetheless, I try to do something different everyday even if it’s only altering the order in which I put my clothes on and I was just thinking …. Again! The first consideration or obligation any living thing has is towards its survival and then procreation. I think this applies from the lowest amoeba all the way to man. Weeds, virus’, pest are all no different in this respect.
Over at http://buy-high-sell-higher.com We just had a subject brought up about Genetically modified foods or GMO. I started to reply and ended up with too much to put on the board off subject so I place it here for all to see. Some may find my thought interesting ….. or not. Besides it’s my blog so you will have to just deal with it or ignore it if you come here.
Monsanto manufacturers a weed killer called Roundup (glyphosate). It’s been around for years and you can pick it up at any Home Depot or any place that sells garden supplies. I have used it myself years ago to kill pesky weeds around the house. It works, just spray it and it kills whatever weed it gets on.
Only as I advanced in years have I ever considered to look at things differently just for the sake of having another view, one not so boring or ho-hum and I guess that may be a product of at some point finding life mundane and uninteresting after years of excitement and discovery. Nonetheless, I try to do something different everyday even if it’s only altering the order in which I put my clothes on and I was just thinking …. Again! The first consideration or obligation any living thing has is towards its survival and then procreation. I think this applies from the lowest amoeba all the way to man. Weeds, virus’, pest are all no different in this respect.
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