Laying in bed this morning I realized just how insignificant I am to the vast majority of living creatures. Of course, there are a few among them to whom I am extremely significant, but if you were to consider them percentage wise, they wouldn’t even register. The number would be
Tag: Posts
Cryptogon is an excellent news site which I highly recommend to anyone who would like his news pre-filtered for importance. In a recent post Cryptogon expresses surprise that the Fed might start buying treasuries. In fact, most of us have been wondering why the Fed HASN’T been buying treasuries, since, in fact, this is what the Fed does
I’ve decided to start a new category called “The Basics.” When someone asks me a question that is basic to the libertarian political philosophy, to objectivist ethics, or economic principles, I’m going to try to write an article that answers their question and post it here online for those who
For those of you that might have been lost by my reference to “sunglasses” in a previous post this is the movie that alludes to. Pretty funny and entertaining… but with a bit of truth??? Note: you can use the drop down box under “Google” to go directly to Google
Autumn is my favorite time of the year. It’s harvest time, which means lots of food, the trees are brightly colored, the temperature is perfect, the air is dry, and the sky is blue. What’s not to like? Lately, however, I’ve noticed a disturbing trend in the Halloween decorations. Halloween
I’ve had this little Canon PowerShot SD850 IS for a little over a year now. I bought this little camera with a particular purpose in mind. I wanted to have a camera with me at all times, especially when I was out for a walk; something lightweight, something so that
At this point, it’s worth taking a look at what happened in 1929. If you’re not yet familiar with this chart, let’s just say that you probably will become familiar with it over the next few years. This chart is from Yahoo. Click the image to go to Yahoo’s Finance
This was pointed out to me by someone noting the Obama signs in the yards of neighbors. Not only do I doubt very much this is a coincidence, but even if it was, one would imagine that the distaste alone would be enough to crush Obama’s campaign. That it doesn’t
A few weeks ago I was worrying over commodities. They had totally crashed (and are still crashing). Friends of mine in the market weren’t worried. All I could think was with gold falling like a rock, the stock market wasn’t going to be long behind. (Dow/Gold Zoom remember?) When the
This is just priceless: From Reuters: BRUSSELS (Reuters) – Former President Jimmy Carter said on Friday the “atrocious economic policies” of the Bush administration had caused the worst global financial crisis since the Great Depression of the 1930s. Carter told reporters on a stopover in Brussels that “profligate spending,” massive
The idea that the government can bail out everybody seems to have given the market a kick. Personally, I think this is a whole lot of frantic short covering related to the attempt by the government to fix the prices of certain securities. In my humble opinion this can only
If you are worried about what’s going on with gold and silver prices, don’t be. The price decline is the result of leverage and will eventually right itself. The Dow/Gold Zoom is still on track (and today’s bloodbath in the market will right it somewhat). Remember, you haven’t lost a
Recently ABC performed a version of Stanley Milgram’s famous experiment on obedience to authority. Of course the psychology of the participants in the study is certainly interesting. But the psychology of the experimenters is, too. For example, the questions they ask reveal something about them. How can “ordinary” people perform