Archive for February 21st, 2008

There should be no rich liberals

Thursday, February 21st, 2008

Before a liberal comes forward and starts campaigning for some givaway program they should have expended every financia resource at their disposal.  If not how much do they really believe what they are saying ?  Not much !

Thus the following equation applies:

Liberal  + Rich = hypocrit 

If you know the realities of physics and then later human nature….you can always spot the liars.

Liberal + You = You - YourMoney = AFoolAndHisMoney

Oil is the new world currency

Thursday, February 21st, 2008

Alot of people have been making the argument to me lately that the dollar is losing its reserve currency status.  In the long term that may or may not be true.  The problem is that if you go elsewhere in the world you will see that other governments are filled with horny ally cat politicians that have even less checks on their powers.  Thus its hard for me to see the other currencies as worthy of reserve status.  Thus if the dollar falls and you have alot of them and you want to flee where do you go?   Gold is pretty but its uses can be avoided ?

What commodity can not be avoided?  ( Unless you want to live in a cave and have a life expectancy of 30 years ) 

Oil.

At a Franklin per barrel look for the next bubble here.  Its not going down from 100 even with the USA going into a recession. All that evil private money will go there trying to protect itself from debasement of the currencies.