Monday, April 20, 2009

Chavez' Open Veins

I heard that Hugo Chavez gave Obama a book called something like Latin America's Open Veins or something of the like. A book about American meddling or something or another with Latin American countries. I'm really up to speed on this aren't I but It won't make much difference here in this particular case because I already have a long thought out answer.

Third world countries have suffered more from corrupt rulers than anything else. It takes 2 things to make a third world country. A corrupt ruler and a populace that celebrates stupidity like in being stupid and uneducated.

Their are a number of countries in the world, in South America, in Africa, in the Middle East and in Asia that are not as advanced, some are even in shambles, as they were in the past when they were colonies of European powers. Judeo Christian European powers.

God doesn't allow the heathen and the infidel to break away and govern themselves and it is for mankinds own good.

Thursday, April 16, 2009

Is It Bomb Time Yet

I read here 'o late the Korea Kim kicked out the nuke inspectors again. Pitty. Course I'm not to surprised. Every time I see him in pictures these days he just seems to have a spaced out far away look in his face. Like somebody told him to look at the wrong camera or somethin'.

I'm beginning to think Obama might just bomb him and Mr Iran to boot. It may be just me but I can detect that same kind of power rush showing up in him as I used to see in Clinton. Knocking off those Sumali pirates is a good indicator to me.

Stay in touch because I'm planning a real hardhitting post next week of the likes that have made The Provocative Wrag so well known!

Thursday, April 2, 2009

Politics

I saw in the headlines where Obama has decided to take it upon himself to make some kind of treaty or something to make homosexuality legal in America or some such nonsense. Isn't their enough evil in the world without Obama contributing to it.

America is in a snit over AIG bonuses. Rush is in a snit because the government is telling AIG what to do with the government handout money. Something that I've known all my life is that if you take money from somebody they will try to run your life. It's just part of it.

In my last post entitled The Real Freedom I said I wasn't socialist nor communist. I think they're just as capitalist as America it's just that they have a unique management style. It's all monetary based no matter how you look at it. The biggest mistake any economic system makes is compelling people to be part of it and America compells people to be part of their system just as much as anybody else. The losers and malcontents will make any economic system a loser.

The City project recognizes this reality that is why it will work more like an exclusive club. I don't mean that to sound hard. If your productive and a believing Messian you're in. I'll explain this in greater detail in the time to come. But the fact remains that despite all the hoopla about America being the most prosperous country in the history of the world it is still the hardest country in the history of the world to get a job in even in the good times. Of course I don't think this is entirely the fault of the capitalist system it's just that due to legal and tax reasons employers seem to act as if they are taking the same risk in hiring as if they would be taking if betting the farm on a fast horse.

Don't believe me. Just how many times have you seen an employment deal go like this. The potential boss says he'll give you a couple of days to prove yourself and if you don't make it your gone. This was the way it worked in the far past when your wages were handed to you out of a cash box but its not this way today. To get a job today you either have to have years of experience or you lie about it. In the city project you'll get the chance to prove yourself. Don't blindly accept the propaganda that America is the best possible economy in the world. They ain't seen nothing yet. Until next time.

Thursday, March 5, 2009

China Nixs Darfur

Again China stands out from the crowd. What's it all about? Well I'll tell you. It seems the UN or the Hague or some such entity, (I didn't take notes but if you read internet news you'll know what I'm talking about) made a warrant for crimes against humanity or something to the president of Sudan whose name escapes me at the moment but that don't matter here because I could probably neither spell nor pronounce it correctly. It seems the sheik of Sudan doesn't want to hear anything from "white man" while he kills off black man and rapes black woman because they're not a muslim.

China injected the opinion that their shouldn't be such a warrant nor should it be pursued. I admit that I don't know why China would say this but the first place I would look would be China's own human rights record and also note if their are any oil deals.

Mr Iran is still in the news. They say he's being intimidating. He's doing all he can to be the bull's eye caliph. Nukes give him backbone you know. Mymood Imonajihad sure has been living up to that nik name and he's going to prove it to the world. But first he's got to get in front of the mirror and practice the hard face for the next photo op.

Printing Money

Yes I've spoken from time to time about how money will not survive technology because developing technology will eventually result in counterfeiting and monetary terrorism becoming more out of control than it already is. Click on the archives to see my prior work. All eloquent orations indeed. However today I must expand on this by saying who needs technology and counterfeiting when governments around the world are showing their willingness to print money with abandon. With much more abandon than I once thought possible I may say.

This is all why gold will eventually become the money of the world for those that will use money. Things only have value when they are rare. The common is always dirt cheap. Fiat currencies have their values undermined by excessive printing which is a historical fact proven to many times before. Counterfeiting is also part of that equation.

I've identified 2 general schools of thought on the subject of gold becoming the currency of the world. Their are those who have thought about it and the others don't want to think about it because they usually like things the way they are. Wouldn't it be nice. I mean if things in the world would remain a certain way just because we think it should. Those who don't like the concept of gold as currency usually do as the result of some imaginary fear based in not knowing what they are doing. The logical fact is that in order to preserve the value of money, gold will have to become the currency of the world and no matter what the shortcomings of gold that you think you can identify are, you will have no choice but to take whatever steps are required and make gold work.

Determining the value of gold is actually very simple. Since this value is based on gold as money/currency and the money supply should remain constant to preserve the integrity of an economy. First you take the amount of money in the world. I've seen claims that it is about $4,000,000,000,000.00 or equivalent and then add about $10 more trillion for U.S. debt then I heard another claim today that their is about another $10 trillion in mutual funds. Take that amount and divide it by how many onces of gold their are available. Nobody can provide these amounts precisely on a world wide basis. You'll get a minimum of about $3,000.00 an ounce. Today's gold price isn't anywhere near this and isn't even close to the inflation adjusted 1980 or so high. In today's economy gold is likely going to be the only performing investment asset for some time.

Yes I have a small position is gold that I use to pay my internet bill and keep food on the table. I identified these gold investment facts some years ago and sent some letters about this to Barron's magazine. They clearly showed my ideas to investment managers and they quickly picked up on it. That sparked the rally that has been going ever since.

Thursday, February 19, 2009

Smoot Hawley

The Smoot-Hawley tarrif act. Here is a protectionist trade act that worked through the taxation of imports and it was intended to improve business conditions for American manufactures. It didn't do that however and more over it resulted in retaliatory tarrifs from foreign countries which many believe resulted in the great depression. The reason why for this is not what people usually think.

For instance many people believe that America can only be prosperous if their is foreign trade and imports. I see this as gray because it is both true and not. A truly great country is capable of producing for all of its needs and is self sufficient but America clearly must have imports in order to be prosperous.

The greater point is this. Smoot-Hawley and the like only harms an economy when the country is ALREADY addicted to the imports. Self sufficiency is always a workable option that is more resilient especially to shananigans of foreign governments.

America is clearly incapable of achieving this and the reason why is quite simple. The excessive greed of the unionized worker. These who have convinced themselves that they are worth more money than the typical world wage for the work they do and they are usually willing to resort to acts of extortion, the strike and lockout, to obtain their wants. And companies desiring to escape this have moved their manufacturing outside of the U.S. When money is your focus then money will be your downfall.

Here is something worthy of note. Obama ran his campaign on change yet his economic policies are the same old print it as fast as you can then throw it. I guess what he meant by change was stimulus by the train load. Then you notice how Washington is staying busier than ever trying to micromanage the nickels and dimes in the itemization of the stimulus bill. The economy would be stimulated just as well with a lot less work if they just dumped the money into a truck and had the people line up with a shovel and a sack.

An Observation. Washington is printing a lot of paper and taking on mountains of new debt in order to build buildings that many of which they don't need anyway.

I noticed Rush Limbaugh said last week that all of the government debt in a collapse is what caused the economic problems today. Interesting since he has said repeatedly over the years that the government debt would never be a problem.

Social tip for the day.

If you have guests over for food and you serve the drinks, don't handle the top of the glass. It is rude. It is not appetizing looking at greasy fingerprints where one's mouth is to go.