{ 0 comments }

What a country!

04/26/2013

If you can get arrested for hunting or fishing without a license, but not for entering and remaining in the country illegally — you might live in a nation that was founded by geniuses but is run by idiots.

If you have to get your parents’ permission to go on a field trip or to take an aspirin in school, but not to get an abortion — you might live in a nation that was founded by geniuses but is run by idiots.

If you MUST show your identification to board an airplane, cash a check, buy liquor, or check out a library book and rent a video, but not to vote for who runs the government — you might live in a nation that was founded by geniuses but is run by idiots.

If the government wants to prevent stable, law-abiding citizens from owning gun magazines that hold more than ten rounds, but gives twenty F-16 fighter jets to the crazy new leaders in Egypt — you might live in a nation that was founded by geniuses but is run by idiots.

If, in the nation’s largest city, you can buy two 16-ounce sodas, but not one 24-ounce soda, because 24-ounces of a sugary drink might make you fat — you might live in a nation that was founded by geniuses but is run by idiots.

If an 80-year-old woman or a three-year-old girl who is confined to a wheelchair can be strip-searched by the TSA at the airport, but a woman in a burka or a hijab is only subject to having her neck and head searched — you might live in a nation that was founded by geniuses but is run by idiots.

If your government believes that the best way to eradicate trillions of dollars of debt is to spend trillions more — you might live in a nation that was founded by geniuses but is run by idiots.

If a seven-year-old boy can be thrown out of school for saying his teacher is “cute,” but hosting a sexual exploration or diversity class in grade school is perfectly acceptable — you might live in a nation that was founded by geniuses but is run by idiots.

If hard work and success are met with higher taxes and more government regulation and intrusion, while not working is rewarded with Food Stamps, WIC checks, Medicaid benefits, subsidized housing, and free cell phones — you might live in a nation that was founded by geniuses but is run by idiots.

If the government’s plan for getting people back to work is to provide incentives for not working, by granting 99 weeks of unemployment checks, without any requirement to prove that gainful employment was diligently sought, but couldn’t be found — you might live in a nation that was founded by geniuses but is run by idiots.

If you pay your mortgage faithfully, denying yourself the newest big-screen TV, while your neighbor buys iPhones, time shares, a wall-sized do-it-all plasma screen TV and new cars, and the government forgives his debt when he defaults on his mortgage — you might live in a nation that was founded by geniuses but is run by idiots.

If being stripped of your Constitutional right to defend yourself makes you more “safe” according to the government — you might live in a nation that was founded by geniuses but is run by idiots.

What a country!

{ 0 comments }

Please include attribution to MunicipalBonds.com with this graphic.How Broke Is Your State?

{ 0 comments }

Rothbard Quote

April 4, 2013

Since 2008, stocks have been benefitting from the Fed’s “EZ money” policy and from the delightful “Phase 1” of Murray Rothbard’s “three phases of inflation.” In this phase, the money supply grows at a faster pace than the overall price level. Despite surging supplies of base money, savers hoard cash, instead of spending it. So [...]

Read the full article →

This is the coolest idea I’ve ever seen

April 2, 2013

Way to go, Bubba. This is way cool.  

Read the full article →

Do you want to remove assets from the system?

March 27, 2013

In Spain, they have one idea. I’ve got a better one. buy gold and silver bullion. Actually protect your wealth from money printing.

Read the full article →

At a Cyprus ATM

March 19, 2013

ATM

Read the full article →

Kyle Bass Lecture

March 14, 2013

Great lecture by Kyle Bass. Skip to 51 minutes in for the bottom line.

Read the full article →

This is a great, great interview.

March 7, 2013

Watch to the end of this Druckenmiller interiew if you can. He one smart man.

Read the full article →

Here are some interesting facts about now and 2007 (the last time the Dow was this high)

March 6, 2013

Dow Jones Industrial Average: Then 14164.5; Now 14164.5 Regular Gas Price: Then $2.75; Now $3.73 GDP Growth: Then +2.5%; Now +1.6% Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million Americans On Food Stamps: Then 26.9 million; Now 47.69 million Size of Fed’s Balance Sheet: Then $0.89 trillion; Now $3.01 trillion US Debt [...]

Read the full article →