Hypocrite Much? [Pic]
RedditNov 09

See: "Public Servants" or Parasites?
Germany’s Weidmann Says ECB Can’t Bail Out Governments by Printing Money
BloombergNov 09
European Central Bank council member Jens Weidmann said the ECB cannot bail out governments by printing money.

“One of the severest forms of monetary policy being roped in for fiscal purposes is monetary financing, in colloquial terms also known as the financing of public debt via the money printing press,” Weidmann, who heads Germany’s Bundesbank, said in a speech in Berlin today. The prohibition of monetary financing in the euro area “is one of the most i... (more)
Private Citizens Perform $4 Million Road Repair Job For Free in 8 Days
Economics JunkieNov 09
Anyone who thinks we need government to build and maintain roads may want to consider Kauai residents don’t wait for state to repair road:
Their livelihood was being threatened, and they were tired of waiting for government help, so business owners and residents on Hawaii’s Kauai island pulled together and completed a $4 million repair job to a state park — for free.
... (more)
Marc Faber On Bloomberg: Audio Interview
Marc Faber BlogNov 09
Listen to the audio interview HERE, "Faber Greece, Other Countries Probably Bankrupt."
Chinese Finance Chief Says European Welfare States Induce 'Sloth, Indolence'
Al JazeeraNov 08

Video gets great at 12:00 - Chris
"If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society. I think the labour laws are outdated. The labour laws induce sloth, indolence, rather than hardworking. The incentive system, is totally out of whack.... (more)
Prohibition's Hold on Liquor Sales in 18 States May Relax in Boon for Beam
BloombergNov 08
U.S. states that have kept a tight rein on alcohol sales since the Prohibition era may be loosening their grip.

Lawmakers in Utah, where even high-alcohol beer is sold through state liquor stores, were urged by an advisory panel this year to put the business in private hands. Pennsylvania, Virginia and North Carolina have considered privatizing state liquor outlets. Tomorrow in Washington, votes will be counted on a ballot measure backed by Costco Wholesale Corp. (COST) that would... (more)
Taxi Licenses Outperform Stocks, Oil and Gold
BloombergNov 08
The surging price of New York's taxi medallions and their promise of steady cash flows have sparked investor interest in the licenses and bolstered shares of a company that finances their purchase to a four-year high.

Investors are pooling funds to buy the six-inch-wide aluminum disks affixed to the hoods of cabs after two of them sold for a record $1 million each last month, said Andrew Murstein, president of Medallion Financial Corp. (TAXI) Shares of the New York-based firm... (more)
...but my government school teacher told me the government is here to prevent monopolies!
McDonald's chief: Curb spending and cut taxes
The TelegraphNov 07
"The question is, how can we get the ox out of the ditch?" Mr Skinner said. "In order to create jobs in America, you're going to have to cut taxes… particularly in the business community.

"We pay some of the highest [corporate] taxes around the world. There needs to be some levelling."

Asked about federal borrowing, he said: "It's not a good story… the government has to spend less. We have to grow the economy, grow GDP… and you have to be able t... (more)
Shale Gas Reserves Could Reignite U.S. Economy
BloombergNov 04
In late 1998, Chesapeake Energy Corp. (CHK), an independent natural-gas producer based in Oklahoma City, exemplified an industry in decline.

The company’s stock price had fallen over two years from above $34 a share to 75 cents. Its market value tumbled 93 percent, to $72 million. “They’re running up a down escalator,” Michael Spohn, an analyst at Petroleum Research Group, said.

When Aubrey K. McClendon, Chesapeake’s chief executive off... (more)
That is, if the government and environmentalists don't ban it. - Chris
Capitalism Needs Regulation - Why Max Keiser is Correct and Libertarians are Mistaken!
YouTubeNov 04

Stefan Molyneux, host of Freedomain Radio, does a couch review of a recent article by Jason Hamlin.

http://www.goldstockbull.com/articles/capitalism-needs-regulation-max-keiser-correct-libertarians-mistaken/

Kaiser video: http://www.youtube.com/watch?v=cGNM0ZnkeA0
Peter Schiff Dollar Collapse Bernanke More Reckless Than Greenspan
YouTubeNov 04

Anarchy – An Investor's Best Friend
Eric FryNov 03

The Politics of Gold Investment
Peter SchiffNov 03
I think I know some lab mice that have received less examination than the 2012 Republican primary candidates. It seems with each passing cycle, the campaigning starts earlier, there are more debates, and the media frenzy gets more intense. Yet, with all the pyrotechnics and pageantry, it becomes difficult to figure out what these tricksters actually think when they're behind the curtain. Since the gold price is inextricably linked to the long-term fate of the US dollar, it's rather im... (more)
Top Gold Forecasters See Bullion Rallying to Record by March
BloombergNov 03
The most accurate forecasters say gold will rebound from its biggest monthly plunge since 2008 and reach a record by March because economic growth is stagnating and Europe’s debt crisis is unresolved.

Futures traded in New York may rise 13 percent to $1,950 an ounce by the end of the first quarter, according to the median of estimates compiled by Bloomberg. The predictions are from eight of the top 10 analysts tracked by Bloomberg over the past eight quarters. Two declined t... (more)
Marc Faber on WW III, Drug Abuse and the Welfare State
Wall Street JournalNov 03

Jim Rogers Has Gloomy Outlook for U.S. Markets
YouTubeNov 03

Nov 2, 2011 - International investor Jim Rogers argues the U.S. markets are inferior to Europe and the next economic slowdown will be much worse than 2008.
Many Rich Chinese Consider Leaving
Wall Street JournalNov 03

This is how you toast misfortune
SalonNov 03

12 Reasons To Be Extremely Pessimistic About The Direction That The Economy Is Headed
EndoftheAmericanDreamNov 01
Do you want to feel optimistic about the U.S. economy?  If so, you might not want to read the rest of this article.  In many areas of the United States today, you can almost smell the fear and the anxiety in the air.  Survey after survey has found that the American people are extremely pessimistic about the direction the economy is headed.  In fact, many recent surveys have found that economic pessimism is at the highest levels ever recorded.  There has been an astonishi... (more)
The Air Has Been Let Out Of The Balloon
The Economic CollapseNov 01
Do you hear that sound? It is the sound of Europe being hit with a cold dose of financial reality. The air has been let out of the balloon, and investors all over the world are realizing that absolutely nothing has been solved in Europe. The solutions being proposed by the politicians in Europe are just going to make things worse. You don't solve a sovereign debt crisis by shredding confidence in sovereign debt. But that is exactly what the "voluntary 50% haircut" has done. You don't solve... (more)
Yeah, Price Controls Have a Way of Creating Shortages
Bill AndersonNov 01
Lest anyone think that people in the media actually know something about economics, this story from Connecticut lays out the utter ignorance of the MSM. The story tells about long lines up to a half-mile long at Connecticut gas stations following the big snowstorm.

There is also this gem, which the reporter puts in without understanding what is happening:
Attorney Ge... (more)
Merck’s Profits Explode as Government-Backed HPV Shot Gardasil Sales Skyrocket
Activist PostNov 01

Central banks top up gold reserves
The TelegraphOct 31
Bolivia, Kazakhstan, Tajikistan and Thailand spent a collective $1.52bn (£942m) buying 26.7 tons of gold. However, the Mexican central bank was a seller, reducing its holding by 0.1 ton, according to data compiled by Bloomberg.

Thailand's gold reserves rose 11pc to 152.41 tons and Bolivia's bullion reserves increased 17pc to 49.34 tons. Bolivia increased its holdings by 5pc to tons and Tajikistan's bullion stockpile increased 26pc to 4.74 tons.

Over the past 2... (more)
Occupy Wall Street, Obamacare, & Bailouts - Peter Schiff on Huckabee
YouTubeOct 31

Peter Schiff joins European Parliament Member Daniel Hannan on Huckabee to discuss how increasing government regulation, oversight, and taxes has set back America's economy and created the Occupy Wall Street movenment. Air Date: October 28, 2011.
Peter Schiff Discusses His Time Talking with the "99%" on Fox & Friends
YouTubeOct 31

"They should be frustrated with the government; that's what's wrecked the economy, not capitalism," says Peter Schiff on Fox & Friends. Schiff says he sympathizes with the Wall Street Occupiers' outrage but his understanding of the free market tells him anger should be directed toward Washington DC instead. Air Date: October 28, 2011.
'When Money Dies' Author Adam Fergusson Interviewed on Hyperinflation
YouTubeOct 30

Historian Adam Fergusson discusses his cult-classic history of the Weimar hyperinflation, When Money Dies, with James Turk from the GoldMoney Foundation. They discuss the fateful decisions that led to hyperinflation in post-First World War Germany, and how central bankers as well as ordinary members of the public today would be well advised to heed this warning from hi... (more)
DC proposing tax on movie concessions
Washington ExaminerOct 30


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