All Posts Tagged With: "U.S. government"

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Beware The Blunt Instrument of Government

Government claims the right to tell you what to do. Using the blunt instrument of ‘government’ some people are able to categorize, regulate, tax, inspect, dragoon, conscript, enslave, bully, incarcerate, murder and push around other people.

December 8th, 2011 | | 1 comment | Continued
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A New Theory of Government

We have been disappointed with political ideas and theories of government. They are nothing but scams, justifications, and puffery. One tries to put something over on the common man…the other claims it was for his own good…and the third pretends that he’d be lost without it.

December 7th, 2011 | | 2 comments | Continued
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The Current Financial Bubble, 1982 – 201?

The growth of the current financial bubble is easily seen in the growth of the total debt, as a proportion of the size of the economy: simply track the ratio of total-debt to GDP.

June 9th, 2010 | | 2 comments | Continued
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US Government to Kill Its Own Economy

If you want the government to take care of you, said Jefferson, “you will soon want bread.” He didn’t say it exactly that way. We improved it…

May 28th, 2010 | | 1 comment | Continued
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The Tax Window of Opportunity

Historical income tax rates reveal grim days ahead for US taxpayers. The federal income tax began innocently enough, in 1913, by imposing a 7 percent levy on the top bracket…

April 19th, 2010 | | 0 comments | Continued
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Greenspan and His Fed Were Wrong 90% of the Time

Mr. Greenspan defended his legacy. He was right 70% of the time, he said. The other 30% of the time he was wrong.

April 12th, 2010 | | 1 comment | Continued
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Forcing Private Sector Savings into Public Sector Debt

During WWII, the US government needed investors to buy an unprecedented amount of Treasury bonds. Commercial banks loaded up on Treasuries, which limited the amount of credit that could be granted…

April 9th, 2010 | | 1 comment | Continued
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Trade of the Decade: Sell Stocks and Buy Gold

So about 10 years ago, when I first started working with Bill, he came up with this idea for a Trade of the Decade. It was really just a literary device. But it ended up being a brilliant investment call.

March 30th, 2010 | | 1 comment | Continued
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Almost Every Mortgage Written Last Year Underwritten by US Government

And they took over the auto business too. They should be able to do for autos what they did for passenger trains. That is, they should turn Detroit into an Amtrak…

March 30th, 2010 | | 0 comments | Continued
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Geithner Says it Would Take a “Long Time” to Repair the Housing Market

Some wait for the housing market to ‘recover.’ Some may imagine that they will once again see profits from their houses. Others just hold on…

March 29th, 2010 | | 1 comment | Continued
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Is Your Money What You Think It Is?

The paper we use today is a medium of exchange – it got that way because governments made it illegal not to accept it – but it’s not a good store of value.

March 19th, 2010 | | 2 comments | Continued
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Historians May Write: In Order to Save Greece, it Was Necessary to Destroy the Euro

The bigger story is that Greece hasn’t been abandoned by the rest of Europe…yet. Europe could probably leave Greece behind and preserve the integrity (such as it is) of the euro as a sound currency. But 50 years of harping on about social justice and economic harmony and humane capitalism is going to make it hard for policymakers to leave Greece to its own devices.

February 17th, 2010 | | 19 comments | Continued
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Tackling Economic Clouds

What a godsend this snow is! Think of all the people it puts to work. Kids shovel out driveways and earn a little spending money. Snow-blower sales must be going through the roof. Four-wheel-drive vehicles are sliding out of lots…

February 11th, 2010 | | 1 comment | Continued
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If the Economy is Recovering Maybe the Feds Will Reduce their Stimulus

If the economy really is heating up, mightn’t it melt all that money and credit frozen by the depression?

February 2nd, 2010 | | 0 comments | Continued
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The Biggest Financial Deception of the Decade

Enron? Bear Stearns? Bernie Madoff? They’re all big stories about big losses and have hurt a lot of employees and investors. But none come close to getting my vote for the decade’s most dastardly deception…

January 13th, 2010 | | 4 comments | Continued
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