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Monthly Archives: September 2009

Foreclosures Without Mortgages


Proverbs 13:22 warns that “ . . . the wealth of the sinner is laid up for the just.” I won’t say this verse describes what’s actually happening with regard to modern mortgage law, but there’s enough of a resemblance to make me wonder.

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Posted by on September 27, 2009 in Banking, Economy, Foreclosure, Money

 

An Economy of Addiction


When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack.  But there’s another drug that even more addictive than nicotine:  free money.

Oooo, we love that free money, don’t we?  More than heroin, coke, crack, tobacco, alcohol, or even ice cream—free money is truly America’s “drug of choice”.

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Posted by on September 27, 2009 in Economy, Money

 

An Economy of Addiction


When it comes to addictive drugs, most people would be surprised to learn that nicotine (common tobacco) is more quickly addictive than heroin, morphine or crack.  But there’s another drug that even more addictive than nicotine:  free money.

Oooo, we love that free money, don’t we?  More than heroin, coke, crack, tobacco, alcohol, or even ice cream—free money is truly America’s “drug of choice”.

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Posted by on September 23, 2009 in Economy, Money

 

What is “Capital”?


Most people assume that “capital” is more or less synonymous with “money”. That assumption is false.

Michael Moore (the controversial producer-director of the movies Fahrenheit 911 and Sicko) recently achieved a little more notoriety by claiming that “capitalism” is inherently “evil”. About the same time an email was banging around the internet concerning Bill Clinton’s 1997 Executive Order # 13037 in which he created the Commission to Study Capital Budgeting and referred to “human resources” as a form of “capital”. Some people were concerned that the government regards all of us as “human resources” (“capital”) rather than men and women.

All of this raised an intriguing question: What, exactly, is “capital”?

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Posted by on September 11, 2009 in Economy, Money

 

Come September


In A.D. 1961, Rock Hudson, Gina Lollobrigida, and Sandra Dee starred in a romantic comedy entitled “Come September”.  Some of you are old enough to remember that film.  Those who are younger or didn’t see the film can pretty much guess the plot, the conclusion, etc.:   After a remarkable September filled with amusing confrontations and romantic interludes, Rock married Gina and Sandra Dee found her true love and everyone lived happily (if comically) ever after.

This article is also entitled “Come September,” but there’s nothing romantic or comedic about its content.  This article is about a couple of curious statistical anomalies that don’t happen every September, but happen most Septembers:  1) the price gold goes up; 2) the purchasing power of the dollar goes down; and 3) the stock market goes down.

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Posted by on September 11, 2009 in Economy

 

Gone Fishin’ . . . and Speakin’


I’m taking my first real vacation in a decade or more.  I’m down in the Texas “hill country” in a little valley with total population of about 900 people.  I’m enjoying myself immensely.  Getting some sun.  Meeting some very decent people.  Went to the 11th Street Cowboy Bar in Bandera to hear country music singer Darrel McCall last Saturday night.  Very nice.   Getting some exercise.  Climbing a 300 foot high hill 2 to 5 times a day.  I love that hill.

On August 23rd, a friend took me to a San Antonio Tea Party meeting (http://www.sanantonioteaparty.org).  Afterwords, I talked to a man who invited me to speak at the Aug. 30th meeting before about 150 people.  I “lit ’em up”.  That is, I had ’em standing, applauding, and excited.  They liked my speech and I loved giving it.  Half a dozen people in the audience asked me to run for Congress.  I told ’em I was too radical for the Republicans and too conservative for the democrats and would not run except on a 3rd party ticket.

Well, one member of the August 30th audience is hosting a September 5th “Stand Up For Texas” rally on the South Steps of the Texas State Capitol at Austin, The State of Texas.  She expects 15,000 to 20,000 people to attend.  She liked my “Tea Party” speech so well she asked if I could speak at the September 5th event.  I said Yes (of course).  It will probably be the biggest audience I’ve ever addressed.  Good LORD willing, I intend to “move” that crowd.  I intend to “light ’em up”.  But it remains to be seen if I can inspire a crowd that size.

(It’s kinda interesting.  I talked to one man on August 23rd and that resulted in talking to 150 people on August 30th, and that resulted in talking to 15-20,000 on September 5th.  I can’ help but wonder if I’ll get another invitation after that.  And it’s kinda funny–I’m getting more “political action” on my vacation than I get at my regular work as a “political activist”.)

For those of you on Texas, you can find more info about the September 5th (1-4PM), Austin, Texas “Stand Up For Texas” rally at:  http://www.texasteapartypatriots.org/ or download the event “flier” from:  http://www.texasteapartypatriots.org/documents/flyer_stand_up_for_texas.pdf

If you’re close to Austin, I hope to see y’all there.

Al

 
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Posted by on September 1, 2009 in Uncategorized