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Category Archives: Uncategorized

Welcome to Monetary “Darnation”


RockHardPlace1Most economists agree that America’s hope of future prosperity has been compromised by America’s debt. The currency we spend paying the principal or even just the interest on the existing National Debt is currency that we can’t spend investing in new factories or technologies that would increase our productivity and therefore our prosperity.

So long as the National Debt remains or, worse, grows—America will continue to slide towards austerity rather than prosperity.

But, it’s not just America that’s overly indebted. The world is awash in debt. That debt is reducing global productivity and prosperity.

If America—and the world—would become prosperous again, something’s got to be done about paying or otherwise eliminating our excessive National (and global) Debt.

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Posted by on March 17, 2017 in Uncategorized

 

Day of the Debt


Ides4

March 15th. The Ides of March. Day of the Debt.

Greg Hunter (USAWatchdog.com) recently interviewed Mexican billionaire and retail magnate Hugo Salinas Price.

Salinas Price advocated using silver as money in Mexico:

The idea is not to go back to a silver standard, but to create a parallel currency which would be a monetized silver coin. It would not bear a stamped value. It would be a plain silver coin with a quoted [periodically adjustable] value given to it. This value would be adjusted upward with a fall in the value of the peso or a rise with the price of silver.”

Adjusted” by whom? The Mexican government? And that government would promise (cross-their-hearts-and-hope-to-die) that they would never, ever try to manipulate the silver coin’s value for political gain—right? And the people of Mexico and of the world would believe that the Mexican government would never try to manipulate the value of the silver coins for political purposes—right?

I don’t think so.

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Posted by on March 15, 2017 in Uncategorized

 

The Best Ever


Fedor Emelianenko

Russian.  Heavyweight–235 pounds–but he frequently fought men big enough to make him look like a boy.  He was not intimidated by size.  He’d just wade in and beat them into submission or unconsciousness.

40 professional Mixed Martial Arts fights.  Won 35.  At one point, he won 28 consecutive professional fights.  At age 40, he’s still fighting.  Never a sign of arrogance.

Best ever.

video    00:09:12

 
5 Comments

Posted by on May 30, 2016 in Uncategorized, Values, Video

 

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Gold-Backed Ruble or Yuan?


Jim Rickards disputes predictions that China and/or Russia may establish a gold-backed currency in the near future.  I’m not suggesting that Rickards is definitely right, but he makes logical and persuasive arguments that may be correct.

For example, other analysts have concluded that China imported over 10,000 tons of gold during the past decade.  Based on that 10,000 ton estimate, some analysts believe China has enough gold to back their yuan currency with gold.  They’re expecting the imminent appearance of a gold-backed yuan.

Rickards agrees that China has probably imported more than 10,000 tons of gold.  However, he also alleges that as only 30% of that gold went into government treasuries while the remaining 70% went into private hands.  He concludes that China’s government may have only about 4,000 tons of gold–which is not enough to support a gold-backed yuan. He therefore denies that a gold-based yuan will be issued in the near future.

It may be that the Chinese government received only 30% of the 10,000 tons of gold imported into China–but I’m not convinced.  If 70% of those 10,000 tons were held by private individuals, why haven’t any of those private individuals tried to sell their gold to foreign buyers?  If 10,000 tons were imported, I’d expect the Chinese government to acquire the lion’s share–say, 90%–enough to issue a gold-backed yuan.   Nevertheless, Rickards makes an interesting and persuasive argument to the contrary.

video   00:07:06

 

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Notes on the Messiah’s First Trial Before Pilate


Pilate:  "I Find no Fault in this Man" [courtesy Google Images]

Pilate: “I Find no Fault in this Man”
[courtesy Google Images]

I’ve argued for a number of years that individual sovereignty is a capacity that flows from God.  Sovereignty is primarily a spiritual, rather than political, concept.  We are each “sovereign” because—according to the “Declaration of Independence”—we are each endowed by our Creator with certain, God-given, unalienable Rights.

I’m not alleging that the following comments are correct or even consistent. I’m only saying that they cross my mind as interesting questions or possibilities.

 

Luke 23:1-2   “And the whole multitude of them arose, and led him unto Pilate. And they began to accuse him, saying, We found this fellow perverting the nation, and forbidding to give tribute to Caesar, saying that he himself is Christ a King.”

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Note that “a” is an indefinite article.  It signifies one of many who are otherwise similar or even identical.

According to the King James version of the Bible, the multitude accused the Messiah of claiming to be “a King,” that is to say, “a sovereign”—one of several, perhaps many, but not the only “King”/sovereign.

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Posted by on June 3, 2015 in Bible, Morality, Oath, Uncategorized

 

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Tuesday Night Radio: All Rights Flow from Title; IRS Notice of Levy; Negotiable Instruments = Pledge?


American Independence Hour hosted by Alfred Adask; 8:00 PM to 10:00 PM Central time, Tuesday nights, on AmericanVoiceRadio.com and also on the KU band, free-to-air satellite link at Galaxy 19.  There’ll be call-ins at 1-855-566-3738.

 
37 Comments

Posted by on May 5, 2015 in Uncategorized

 

Mencken’s Prophecy


H.L. Mencken [courtesy Google Images]

H.L. Mencken
[courtesy Google Images]

I received an email containing the following:

H.L. Mencken (A.D. 1880 – A.D. 1956) was a journalist, satirist, critic and registered Democrat.

Mencken reportedly wrote an editorial that appeared in the July 26 , A.D. 1920 edition of the Baltimore Evening Sun.  In that editorial Mencken observed and predicted that:

 

“As democracy is perfected, the office of the President represents, more and more closely, the inner soul of the people. . . . On some great and glorious day, the plain folks of the land will reach their heart’s desire at last and the White House will be occupied by a downright fool and complete narcissistic moron.”

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Apparently, Mencken was more than a talented satirist–he was also a gifted prophet.

Mirror, mirror on the wall--Who's the fairest of them all?! [courtesy Google Images]

Mirror, mirror on the wall–Who’s the fairest of them all?!
[courtesy Google Images]

 
24 Comments

Posted by on April 2, 2015 in Humor, Obama, Uncategorized

 

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