‘The Sound’ Music Video (John M. Perkins) by Switchfoot

Recent Important Economic News

Here’s a compilation of recent economic news I find interesting and important. Take your pick or if you’d like read them all.

My favorite of the past few months: Suppose There Were Food Insurance.

Could investment gains be wiped out by currency devaluation? I personally don’t think this should be too big of a surprise, but for many people it will be.  While you’re at it have a look at an article from the Mises Institute on how Inflation Destroys Savings.

What’s really wrong with the healthcare industry? This should help you understand what is going on with our healthcare system.

Here’s an interesting article on how Zoning Laws Destroy Communities.  I found this one very intriguing and eye opening

Like stats about the economy?  Here are 50 Statistics About The U.S. Economy That Are Almost Too Crazy To Believe. The key word here is almost. And if you really like lists take a look at 101 Thoughts on America’s Economy.  One more list: Ten Economic Blenders From History

Learn about why you might want to Work For Free.

Corruption in Government is always an interesting, though depressing, read.  Read about Obama & the Banksters.

Posts coming soon.

Sorry about all the delays, but there will be many posts coming soon. A lot of news.

Ron Paul on Larry King Live – Hosted by Jesse Ventura

Ron Paul: Fractional Reserve Banking is Fraudulent

For more info on this subject see the links below.

9 Minute Video – Explanation of the fraud of fractional reserve banking

47 Minute Video – History of fractional reserve banking.

Some scary viewing… But Important.

Four Money Lessons from Nature

by Jim Wang

When you get down to the core of money, it’s really just an abstraction of natural resources. You accept money for your labor because, ultimately, it can buy you the things you want. Food and shelter, at the core of Maslow’s hierarchy of needs, are just two of the things you can buy when you have money.

That’s why it’s not so much a leap to look towards nature for lessons about money. Is an acorn to a squirrel any different than a dollar to you or me? Nope. Animals deal with natural resources every single day, in such a simple and easy to understand way, so certainly there is something we can learn from our flora and fauna?
Save in Prosperity

A lot of animals hibernate in the winter. They fatten up while the eating is still good, during the summer and fall months, and then live off that fat during the leaner periods of the winter. Squirrels hide their nuts in secret caches, tapping them when the nuts are less plentiful. Bears load up on fat, carve ditches into hills, and sleep the winter away. Almost every animal is aware of when food will be less plentiful so they save up so they can survive during those periods.

We should be doing the same! Our lean periods aren’t quite as predicable as the seasons but they’re there. We’re in a lean period right now! You can’t set your watch to the cycles but no one ever thinks the good times will roll on forever, so we should save up when the saving is easiest in order to survive when money is less plentiful.

Work In Teams

Many animals live in groups, everything from a school of fish to a flock of geese to a pride of lions; animals congregate for protection. They work in teams to achieve a common goal, whether it’s on a hunt or protecting the young. They do this because many realize that going it alone is much harder than working in a team with others.

This applies to people as well, we are most effective when we learn to work in teams towards a common goal. There is only so much one person can do and by working well with others you have the potential to increase the effectiveness of the group. The total is greater the sum of its parts.

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Obama’s War Signals – Iran in the crosshairs

by Justin Raimondo

Only Richard Nixon, whose political career was launched and sustained by an ostensibly militant anti-communism, could have traveled to China, and – with conservative support – effected a de facto strategic alliance with a country long considered an implacable enemy. This Nixon-to-China meme is regularly invoked as aphoristic evidence that we must expect the unexpected, and it comes to mind when considering the prospects of an impending military conflict with Iran: it occurs to me that only Barack Obama, who won the White House in large part due to his opposition to the Iraq war, could take us to war with Iran, and rally liberals and much of the left behind it.

Oh, I can hear the outraged howls of protest from the Obama cult, but consider:

The president has already set a September deadline for Iran to respond to our as-yet-informal proposal to negotiate over the completely phony nuclear issue – an oddly confrontational approach to opening the first on-the-record high level talks with the Islamic Republic since the Iranian hostage crisis of 1979.

The nuke issue is phony because our own intelligence community, speaking through the CIA, determined “with high confidence” the Iranians gave up their nuclear weapons program in 2003. Yet Obama has repeatedly said Iran is working to develop nuclear weapons. The great sigh of relief we all breathed when the CIA assessment was made public last year – effectively blocking any last-minute attempt by the Bushies to strike Iran in the waning days of Dubya’s reign – gives way to new anxieties.

The evidence that Obama is ramping up the US effort to encircle and eventually strike at Iran is building: added deployments to Afghanistan and our increasing intervention in Pakistan can always be attributed to the vagaries of the Af-pak front, but one can’t blame the Iranians from looking at it differently. The US military presence, to the south and the east, is looming larger. This, in tandem with an apparent hardening of the US stance – e.g. the “muscularity” of Hillary Clinton’s most recent peroration – can only be seen by Tehran as prefiguring war.

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Peter Schiff: Warren Buffett Is Dead Wrong

Health Care Laughs… :-)

So I don’t know much about the proposed health care bill and decided it might be good to read it. I went to govtrack, navigated to HR 3200 and found this message (which I found quite funny).  So perhaps I won’t read the whole thing, but I need to read some.

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