Saturday, 3 October 2009
.jpg)
.jpg)
.jpg)
Tax the rich...er, ...from Rico
"Tax the rich" is one of those class-war/class-envy political slogans that plays well amomg those who are not rich and do not think of themselves as rich.
Our politicians know this just as surely as they know there aren't all that many rich people to tax.
There are a LOT more middle-class people, however, and together they have far more money in aggregate than the mythic 'rich' actually do. Higher taxes will have to come out of the pockets of the middle-class to have any meaningful impact upon our growing national debt.
Something else our political wonks know is that more people consider themselves middle- class than arguably are. They consider a LOT of the self-identified middle-class as "rich" and thus fair game to put into their tax cross-hairs.
Look at these countries by 'mean' income (in $):
Mexico 13,910
Fwance 33,850
Japan 34,750
UK 35,842
US 45,840
Wake up and smell the taxman. A lot of you (of us) are going to be paying higher taxes because you are above the mean (or average). Surprise!
- You mean that's not what you thought they were saying or telling you when you voted for them? Well, yeah...I guess they must have lied to you then, huh?
Friday, 2 October 2009
SECRET HISTORY OF WORLD WAR II
2 October 1944: Polish "Warsaw Uprising" brutally suppressed by the Nazis.
One of the most remarkable aspects of World War II is the fact that the secret war of WWII was as big - if not bigger than - the conventional war itself.
STORMBRINGER
.png)
News.........
Barack Obama under fire over trip for Chicago’s Olympic bid.
Fraud Office takes on BAE: Cleaning up in a murky business.
Success in Afghanistan cannot be taken for granted, warns Gen Stanley McChrystal
Prisoner to guards: Which way is out?
'President' Blair waits on voters of Ireland.
Russia to buy warship from France in first Nato arms deal since Cold War
Flight Lieutenant Victoria Anderton adds to Gordon Brown's woes
and finally.......
Iran is ready for war, are you?
.jpg)
.jpg)
.jpg)
Indexing Dollar vs. Commodities YTD............from Rico
Let's see...
The US Dollar index is down 14% since March of this year.
The Commodities index is up 30% since March of this year.
It makes one ask:
How's that whole hopey-changey thing working out?
Thursday, 1 October 2009
Are You a Denier Nazi?
If the Big Nail Could Read, it Would Be a Rebel. A Washington Rebel.
The marker was never buried beneath the ice — and wasn't installed on the summit in the first place, said surveyor Larry Signani, who led teams that remeasured the mountain's height in 1988 and 1999.
"It looks like the original," he said after examining photos of the marker. "But it didn't melt out of the ice." Mystery of Mt. Rainier Marker Melts Away
Maggie's Farm Wants to Know, Is This the Scandal of the Decade?
Canada's National Post Never Did Believe. They're Deniers
Test for College Athletes........
Open Book. Time Limit: 3 Weeks
1. What language is spoken in Russia?
2. Present a dissertation on the ancient Babylonian Empire, with particular reference to architecture, literature, law and social conditions; -OR- provide the first/last name of God.
3. Would you ask William Shakespeare to (a) sail the ocean (b) lead an army, or (c) WRITE A PLAY?
4. What religion is the Pope: (a) Pakistani (b) Japanese (c) Agnostic (d) Is the Pope Catholic?
5. Metric conversion: How many feet are in 0.0 meters?
6. How many commandments was Moses given (approximately)?
7. What are people in America's far north called? (a) Southerners (b) Not Southerners.
8. Six kings of England have been called George, the last one being George the Sixth. Name the previous five.
9. Can you explain Einstein's Special Theory of Relativity? (a) yes (b) no.
10. What are coat hangers used for, other than unlocking car doors?
11. Which part of America produces the most oranges? (a) New York (b) Canada (c) Belgium (d) FLORIDA.
12. Where is the basement in a three-story building located?
13. Advanced math: If you have three apples, how many apples do you have?
14. Where does the rain come from? (a) The sky.
15. Essay: In 20 words or less, list all of the words you know. (HINT: These are words.)
H/T DML
News.....
Rule Five Sunday — The Bo Derek Edition.
Military Coup Would Take Care Of "Obama Problem".
Another Mumbai? Qaeda-Taliban-Lashkar Ready to Strike Again.
Supreme Court opens with secrecy order in new era of transparency.
West gives Iran three months to prove it does not want nuclear weapons.
Labour to freeze pay and sell assets in dash for cash.
Black Watch soldiers destroy Taleban stronghold in dramatic raid.
France and Germany unite to push Britain to EU sidelines.
UK broadband 'not fit' for future
Time to Prank Congress
Lord Mandelson blames a bad line for 'swearing' at the Sun
.jpg)
.jpg)
.jpg)
Bullion................from Rico
Political hot air will not reinflate your savings or 401k accounts. Nor will printing more paper fiat money which will devalue due to excessive supply and excessive public debt.
To quote the Bard "All that glisters is not gold."
For some of my friends who are "silver" bugs......
Supply and demand for silver bullion (both as a store of value and as an industrial commodity) suggests a future silver shortage. When? No one knows for sure.
- I'll be watching the "shorts" to see if they can cover their positions over time.
Silver prices will eventually explode...but in a gradual, slow-motion upside move as investors and users slowly eat up the world's visible supply of silver bullion (about 500 million ounces).
- The 1st 100mn oz's (mostly privately held) will be the first to take profits and disappear between $60 and $100 per oz.
- The 2nd 100mn oz's will disappear by $250 per oz.
- The 3rd 100mn oz's will disappear somewhere between $250 and the current spot price for gold.
The owners of the remaining 200mn oz's of silver will not "take profits" at any price.
Bullion (silver or gold), stubbornly, will survive as the last and best store of wealth compared to most fiat (paper only) currencies like, let's say...the Zimbabwe Dollar* or the Obama Dollar.
*Of course, I could be horribly wrong about this despite toilet tissue currently being more valuable than Bobby Mugabe's Z$ while both items are useful for the same purpose thanks to Marxist-socialist economic brilliance.
BREAD AND CIRCUSES
We have a hot shooting war on our hands, our enemies are emboldened, and our Commander-in-Chief is heading off to Copenhagen to try to . . . win the Olympics for Chicago in 2016!?!?! 
Circus Maximus, site of ancient Roman gladiatorial combat, games and chariot races.
STORMBRINGER tells it like it is . . .
Subscribe to:
Posts (Atom)
