MONEY: Save all nickels

Saturday, December 15, 2012

http://lewrockwell.com/schiff/schiff190.html

Ditching Before the Fiscal Cliff
by Peter Schiff

*** begin quote ***

Turn on the TV and this is what you’ll hear: The US budget is heading for a fiscal cliff. If a deal isn’t reaching in Congress by the end of this year, a combination of automatic tax hikes and budget cuts will sink America into economic depression. There is no escape.

*** and ***

Those buying into physical gold and silver see this inevitability and are getting prepared. We believe there is no sense playing Russian roulette with our savings. Every time Washington raises that debt ceiling or announces another stimulus, it’s like one more click of the trigger.

*** end quote ***

OK, I get it. Everyone thinks I have a tin foil hat.

Talk to anyone who lived through the German pre-WW2 hyperinflation or the Great Depression. Or even the Carter inflation of the 70’s.

I get it. Buying Gold and / or Silver bullion is way out there on the lunatic fringe.

OK, how about accumulating “poor man’s gold”. Nickels?

If you won’t ask for a roll every time you go to your bank, then just don’t spend them when you receive them in change.

I have a couple of boxes on both my nightstands. If during the day, I get nickels in change I put them in my back pocket. When I get home, they go into the box and the “junk” goes into the “recycling bag”. (I take my change often anytime I go to the bank.)

Argh!

So here’s the gist of this money rant: (1) save all nickels; (2) consider buying bullion; but (3) don’t buy what you see advertised on TV. (Someone has to pay for the ads. Guess who? U!)

See you on the other side.

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GUNS: Guns are NOT the problem; the lack of them is!

Friday, December 14, 2012

As a pro-life little Libertarian, I can NOT imagine what these people are going through. And, it’s at times like this that there is an over-reaction to “fix” the problem by restricting law-abiding people’s rights.

http://www.courant.com/news/breaking/hc-police-responding-to-incident-in-newtown-20121214,0,3969911.story

Tragic. But that is what happens when you create a “gun free zone”. In the military, it’s called a target rich environment. Every adult in that school was disarmed and unable to defend themselves or the children.

The Israelis had the same problem with Kibbutz schools being attacked until they started letting armed grandparents volunteer as school security. The killings stopped immediately. Turns out cranky old grandparent are perfect “school security officers”.

Someday we will wise up.

http://newyork.cbslocal.com/2012/12/14/newtown-conn-school-district-had-recently-installed-new-safety-protocols/

 

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Dear Members of our Sandy Hook Family,

Our district will be implementing a security system in all elementary schools as part of our ongoing efforts to ensure student safety. As usual, exterior doors will be locked during the day. Every visitor will be required to ring the doorbell at the front entrance and the office staff will use a visual monitoring system to allow entry. Visitors will still be required to report directly to the office and sign in. If our office staff does not recognize you, you will be required to show identification with a picture id. Please understand that with nearly 700 students and over 1000 parents representing 500 SHS families, most parents will be asked to show identification.

Doors will be locked at approximately 9:30 a.m. Any student arriving after that time must be walked into the building and signed in at the office. Before that time our regular drop-off procedures will be in place. I encourage all parents to have their children come to school and return home on the bus and to remain in school for the entire school day. The beginning and ending of our school day are also important instructional times and therefore we want all our students to reap the benefits of full participation in our program.

We need your help and cooperation for our system to work effectively. Our office staff is handling multiple tasks. Though they will work diligently to help you into the building as quickly as possible, there may be a short delay until someone can view you on the handset and allow you to come in electronically. There are times during the day when office personnel are on the telephone, addressing student concerns, or in the copy room; there are other times when only one person is in the front office. Please help our staff by identifying yourself and provide your child’s name.

Keep in mind we will be following our district guidelines which may need revision once we test the system.

Please know your involvement continues to be critical to our school’s effectiveness and your child’s success. We continue to encourage and value your presence in our classrooms and are counting on your cooperation with the implementation of this safety initiative.

Sincerely,

Mrs. Hochsprung

*** end quote ***

Guess the “new security regime” didn’t work so well. But, I am sure it did give the parents a false sense of security.

Argh!

Gooferment is rarely the answer and is often the source of the problem.

In most of these shootings, the teachers and staff are unarmed. The maintenance people are unarmed. The cafeteria people are unarmed.

(Never mind that the children are unarmed. In Israeli, mature children are packing heat. I’d trust youngsters to protect themselves. Too bad there wasn’t a drug gang in this school; they could have protected the children. Argh!)

The bad guy, or guys, always seems to have a equipment malfunction, stop to reload, or turn in a different direction. We all saw that video in Florida of the old coot when the robber turned away, pulled out a pop gun (small caliber pocket pistol) and started blazing away. Did convince the thug to head for the hills.

We allow the school maintenance person to walk around the school with knives, saws, and power tools. What’s wrong with one more tool? “Hey, Mike or Michelle, bring your Colt 45 to work and if you see any two legged varmints shoot at kids, take them out. We’ll reimburse you for the bullets.” Argh!!!

We saw the one teacher pulling a kid into her class room. I’d trust her with a tool. She could put all the children in a corner and she covers the door. Anything coming through that looks like a threat; empty. Reload and repeat. Mother Bears defend their cubs better than we as a species do!

Why do we have Gofferment Skrules again?

These training grounds just teach everyone to be sheep. SOOOooo let’s sprinkle a few sheepdogs in the herd. Make it exciting to be a criminal. Wonder how they’ll react to some return fire. Bet they’ll move on to easier targets. Like police stations. We all know that cops are terrible shots.

OH, and by the way, we have to indemnify all these volunteers against lawsuits by criminals. Stupid system, criminal breaks the law and can sue the victim for resisting. Where’s Judge Judy applying the “clean hands” doctrine?

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POLITICAL: The Lincoln Movie

Friday, December 14, 2012

http://lewrockwell.com/thornton/thornton53.1.html

The Lincoln Movie
by Mark Thornton

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Steven Spielberg’s epic movie Lincoln is truly a masterpiece. As an historical drama it portrays Lincoln in the final months of his life and the final months of the Civil War. More than anything, it shows Lincoln attempting – against all odds – to pass the 13th Amendment to the Constitution abolishing slavery.

*** and ***

With Lincoln, of course Abraham Lincoln was president during the American Civil War, Mary Todd Lincoln was the first lady, they had sons, etc. All the supporting cast did exist including all the politicians, cabinet members, generals, etc. The 13th amendment to the Constitution banning slavery did pass, Lincoln was assassinated, and the Union did defeat the Confederacy.

It is also true that Lincoln did work to promote the passage of the 13th amendment. However, as Thomas DiLorenzo has shown, Lincoln worked for the passage of the 13th amendment in 1861 That 13th amendment would have banned the federal government from interfering with states that permitted slavery if it has been ratified. Furthermore, he shows that there is no hard evidence that Lincoln worked for the passage of the 13th amendment in 1865 which prohibited slavery in all states.

As you can see, the real version of events would not have made for a good movie. In fact, the real Lincoln would not make for any kind of pleasant movie. He was a loser politician married to a crazy woman, who unexpectedly found success because the nation splintered into four political parties, handing him the election.

Lincoln was famous for telling people what they wanted to hear. He would often claim to support one position on an issue to one group of people and claim to support the opposite position to another group of people. He was the classic flip-flopper often supporting numerous positions on an issue over his political career. No good material for a movie here.

*** end quote ***

Wow, who would have thought a politician is a flip flopper telling people what they want to hear?

Lincoln is far and away on the top of my worst President list. No one in the second tier is even close.

He was the ultimate crony capitalist as a “railroad lawyer”.

I find it bemusing that the Black Community reveres him. 

Not that I’m a proponent of slavery, Jim Crow, or racism, but he was the opposite of their image.

Toss in on top that the rest of the world was able to eliminate slavery without a war. Slavery was uneconomic and, ten more so, when the mechanization of America. Human labor is too valuable to waste in slavery. (Ever try and get a human to do something that they don’t want to do? As children, we learn at an early age that no one can make us do ANYTHING ever. Even poop!)

Argh!

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RANT: Celebrities are not, and shouldn’t be, targets

Thursday, December 13, 2012

http://blog.sfgate.com/dailydish/2012/12/11/taylor-swift-stalker-problem-is-worse-than-ever/

Taylor Swift: ‘Stalker problem is worse than ever’

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She adds, “There are a lot of them (stalkers). I just try to be safe and be conscious of people around me… It’s something you just have to deal with. It’s the price you pay for getting to do what you love. You can let it take over your life and make you fearful all the time, or you can live your life in spite of it.”

*** end quote ***

Not because she’s “my girl”. (LOL, like she wants a fat old white guy injineer.)

But one of the few LEGITIMATE functions of GOOFERMENT is to protect its citizens.

It would seem, given that Hollywood loves politicians, that there should be some protection.

As a little L libertarian, like my battered spouse suggestion, I’d say if there’s a restraining order and the star’s, or the detail, can see you, they can shoot you. Open season on stalkers.

No debate. No arrests.

But they are responsible for their collateral damage.

Think of it as a line of work for out of work military snipers.

LOL! Only partially!

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MONEY: It’s “too big to fail” is “to big to exist”?

Wednesday, December 12, 2012

http://etfdailynews.com/2012/12/04/the-coming-derivatives-panic-that-will-destroy-global-financial-markets/

The Coming Derivatives Panic That Will Destroy Global Financial Markets

December 4th, 2012

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It would have been really nice if we had not allowed these banks to get so large and if we had not allowed them to make trillions of dollars of reckless bets.  But we stood aside and let it happen.  Now these banks are so important to our economic system that their destruction would also destroy the U.S. economy.  It is kind of like when cancer becomes so advanced that killing the cancer would also kill the patient.  That is essentially the situation that we are facing with these banks.

It would be hard to overstate the recklessness of these banks.  The numbers that you are about to see are absolutely jaw-dropping.  According to the Comptroller of the Currency, four of the largest U.S. banks are walking a tightrope of risk,

*** end quote ***

The bottom line is that Big Gooferment likes Big Anything.

More contributions.

More crony faux capitalism. Get money by playing the game; NOT satisfying customers.

Simple solution. Artificially constrain the size by limiting balance sheets. Require excess to be spun back to the owners.

Ever hear of “anti-trust” or “restraint of trade”?

Not going to happen, because they are all in bed with one another.

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RANT: Have we been euphemized?

Tuesday, December 11, 2012

http://lewrockwell.com/peters-e/peters-e271.html

Their Proper Name

by Eric Peters

EricPetersAutos.com

*** begin quote ***

To undo it, there must be a rebirth of what they called in cowboy flicks, straight-talking. Calls things by their proper name – and challenge those who don’t or won’t. Make them say what they mean – openly. If you fail to do so, you’ve accepted their terms.

*** and ***

Most people are innocent victims of verbal (and written) rights-rape. For example, public schools. Well, no – they’re not. Yes, they are “open” to the public – in the sense that the public is forced at gunpoint to send its children to them. Which gives us a clue as to the proper name that ought to be used in every instance of discussion: Government schools. It is what they are, in plain, direct – and thus, honest – language. Nothing less. Which of course is why honest language is not generally used to describe them. Because that might get people thinking along certain lines. “Public” sounds so much… friendlier. Free, almost – a vicious irony if ever there was. You’re not free to decline to pay for them (even if you don’t use them). And most kids are certainly not free to not attend them. Very much what you’d expect of a government school. Because the essential attribute of government is coercion – force. The thing that must never be openly stated – but always euphemized.

*** end quote ***

So don’t let it happen to you.

Insist on clear definitions and meaningful labels.

A rose doesn’t smell as sweet if you call it a “thorny bush”!

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SERVICE: Has Google’s GMAIL broken

Monday, December 10, 2012

For the first time in a long time, I see GMAIL choking. Timeouts. The IPAD client barfing. Unable to sync and all sorts of strange errors.

Has Google jumped the shark?

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RANT: Gas is going up and staying up?

Monday, December 10, 2012

http://www.theblaze.com/stories/this-chart-implies-something-very-troubling-about-the-price-of-gas/

THIS CHART IMPLIES SOMETHING VERY TROUBLING ABOUT THE PRICE OF GAS

Posted on December 4, 2012 at 12:50pm by Becket Adams

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See that? Although the price of crude has fallen in recent months, as the above chart clearly indicates, the price of gasoline remains at a record high.

“Anecdotally, it feels like when oil prices rise, gas prices at the pump rise; but when turmoil pauses in global geo-politics – or some entity decides that high oil prices just will not do for the world’s economy – gas prices at the pump seem not to drop so quickly,” writers are Zero Hedge note.

“Yes there are pipeline, inventory (and even tax) issues but the following chart suggests ‘gouging’ on a national level,” they add.

It’s also worth noting that what we’re seeing today with the price of gasoline and crude is eerily similar to what we saw right before the economic collapse of 2008.

*** end quote ***

I think there maybe a big overhang on the markets due to increased costs (i.e., Obamacare) and increased taxes (i.e., the fiscal cliff).

Given the “gouging rules” passed after Sandy. Or used during Sandy. I wouldn’t lower my price un my competition forces me to.

Hmmm?

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POLITICAL: Maximo Guillermo “Max” Manus

Sunday, December 9, 2012

Notes from JWR:

by Jim Rawles

December 9th, 2012 would have been the 98th birthday of Maximo Guillermo “Max” Manus. He was was one of the few Norwegians who had the testicular fortitude to put his life on the line, fighting the Nazi occupiers. (There surely would have been many more active resistance fighters in Norway, but fearing widespread reprisal executions by the Germans, King H7 urged the civilian populace to stand down.) Manus passed away in 1996. His exploits are fairly accurately shown in the movie Max Manus: Man of War

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MONEY: What have we allowed to be done?

Sunday, December 9, 2012

http://www.cmi-gold-silver.com/blog/government-money/

Book Review: What Has Government Done to Our Money?

*** begin quote ***

In the United States we currently have a stated policy by the Federal Reserve to create higher levels of inflation while artificially lowering interest rates. This is a policy devastating to savers and those attempting to live off of the proceeds of their capital. How did we arrive at the point where a government created agency can arbitrarily opt to destroy the value of people’s savings?

Murray Rothbard’s What Has Government Done to Our Money? lays out the step by step process by which the commodity based monies of the free market are slowly and deliberately usurped by governments and their central banks. The end result of this control is the ability of government to take purchasing power from the savings of its citizens through inflation.

Understanding money and its creation are essential to understanding how inflation originates. Rothbard assumes no prior knowledge of the subject and begins with first principles to derive what money is and how it is used in a free market. He then covers the manipulations used by government to wrestle control of money away from the free market. Finally he finishes with a two hundred year history of money and currencies in the Western world. It is through this history he demonstrates how government abuse has resulted in a series of breakdowns of the dollar with respect to gold that have inevitably led to our current global monetary crisis.

*** end quote ***

We have allowed the politicians and bureaucrats to inflate the paper currency and silently steal from everyone — rich and poor  alike — their wealth. For the poor, it’s the value of their labor. For the rich, it’s the value of their savings.

argh!

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