I received an email entitled “The Billionaire Exemption: Suit May Blow Lid Off Secrets of Billionaire Saban”. In this suit, the plaintiff Matthew Krane, is reportedly a Hollywood tax attorney who is suing his previous client Haim Saban (the billionaire). Apparently, Saban has caused Krane to be jailed for most of a year and has obtained a judgment against Krane from an Austrian court for some part of $36 million.
Monthly Archives: July 2009
The Undefined Dollar, Part II
Take a paper $50 bill in your left hand and a one-ounce “Gold Eagle” in your right hand. Both are defined in law as legal tender. Both are defined as being worth $50 dollars. But it currently takes about twenty of the paper “FIFTY DOLLAR” bills to purchase one “50 DOLLAR” gold coin.
So, again, here’s the $50 question: What, exactly, is a “dollar”?
Answer: No one really knows because the modern fiat dollar is undefined.
And therein lies the foundation for our current economic predicament.
The Prosecutor Grimaced
A friend of mine (Robert Fox) has been charged with possession of a “controlled substance”. The charges were politically motivated and stupid besides. The confrontation and litigation has been going on for over a year. Last year, I told Fox that my “man or other animals” defense would probably make the drug charges against him disappear.
Fox ignored my recommendations. I suspect that he didn’t even look at my strategy. I take no offense. Anyone who litigates becomes so intensely focused on and even obsessed with whatever strategy he thinks will work that he becomes blind to anything else. Nobody has time to read every fool strategy that well-meaning friends recommend.
Stop Mandatory Health Care
The following email exchange explains how it may be possible to stop the Obama administration’s mandatory health care plan. The explanation suggests another application on the “man or other animals” strategy that’s I’ve already presented on this blog.
Obama’s Eligibility
Here’s another email exchange. This one is on the issue of whether Obama was eligible to be elected President or if he was—as some allege—born in Kenya and therefore ineligible.
“Unalienable” vs. “Inalienable”
The following is an email exchange between myself and one who listens to my be radio shows. The listener was concerned that I regularly “mispronunciate” (as former President Bush would say) the word “unalienable”. I explained that the “mispronunciation” is done intentionally to absolutely distinguish between the words “unalienable” (which implicates our Father YHWH Elohiym and is non-commercial) and “inalienable” (whose power is comparatively trivial).
Stop Mandatory Vaccinations
There is some concern that our gov-co may soon force every American to take vaccinations that would supposedly protect us against Swine or Avian Flu. This concern is based not merely on the unpleasantness of mandatory injections, but on the fear that such vaccines may be secretly laced with substances that are lethal rather that beneficial.
I don’t know if such fears are justified or unreasonable. But I presume that all flu vaccines must be deemed to be “drugs”. If that presumption is correct, the flu vaccines must be manufactured, distributed and injected under our state and federal drug laws.
I know how to stop the enforcement of drug laws. No, really–I know it. I believe I know how to stop mandatory vaccination laws.
The Undefined Dollar
If you pick up a paper $50 bill in your left hand, you’ll see a picture of President Grant in the center and text along the bottom of the bill that reads, “FIFTY DOLLARS”. If you also pick up a recently-minted one-ounce “Gold Eagle” in your right hand, you’ll see an inscription on the coin that reads, “1 OZ. FINE GOLD – 50 DOLLARS”.
Both the paper $50 bill and the gold $50 coin are declared by law to be “legal tender”. Both are apparently worth “fifty dollars”. But it currently takes about twenty of the paper “FIFTY DOLLAR” bills in your left hand to purchase the one “50 DOLLAR” gold coin in your right hand.
So, here’s the “fifty dollar” question: What, exactly, is a “dollar”?
Answer: Nobody really knows because the modern dollar is undefined.
And therein lies the foundation for our current economic predicament.
BEWARE THE IDES OF JULY (or maybe August . . . or maybe even September)
Every economic indicator shows the U.S. economy is still in trouble; still declining. The promise of “green shoots” seems false. And yet, the American people seem strangely calm. Am I the only one who thinks it’s almost “too quiet”?