Sunday, March 1, 2015

Taxation IS Theft

It kind of reminds me of statists who say, "But without government, what's to stop someone from robbing me?" Look at your paycheck, dumbass. EVERY paycheck. Look at the receipt when you buy stuff. See where it says "sales tax"? Look at your property tax bill. Never mind the hundreds of other ways you get robbed by the state indirectly, in ways that aren't so obvious. If you still worry about how a LACK of "government" might result in you being robbed, you're kind of being a dumbass.-Larken Rose

Wednesday, February 4, 2015

Quote of the Day: Politicians

They could not manage a bubble gum machine fiscally. They would spend whatever change came in, lack funds to refill it, and then go and steal a new supply from someone else and start all over again repeating the same nonsense.-Martin Armstrong

Saturday, December 13, 2014

Can the US ever pay off its debt?

Decades of expanding government programs, waste, endless and costly wars, etc. have racked up such an enormous pile of debt that it has become almost impossible to pay it down.-Paying Down The Debt Is Now Almost Mathematically Impossible

Sunday, December 7, 2014

36th Dead Banker of the Year

Geert Tack worked as a private banker for ING and managed portfolios of wealthy clients. The Belgian had a lot of respect in the financial world and was known as an up and top professional. His sudden disappearance was also smashed like a bomb. "If Tack himself was having trouble he has managed to keep it well hidden", say colleagues.- "Riddles" Surround 36th Dead Banker Of The Year

StealthFlation

An intractable economic condition that inevitably arises as excessively issued fiat currency compulsively pursues non-productive wealth assets in a grossly over-leveraged economy, which has been artificially reflated by monetary authorities in a misguided attempt to synthetically engineer growth via extreme monetization.

This effectively prevents the real economy on the ground from realizing the healthy normalization and natural balance of free market forces necessary for genuine capital formation, which is essential to generating legitimate and sustainable economic growth. Read more: StealthFlation – Defined

Holiday Chip of the Weekend: Pringles Cinnamon Sugar Tortillas

I really liked those Pringles Pecan Pie ones. Those were so good I never should have opened the package because I ate them all in one sitting. But that was last year...

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