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milpo (77.15)

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5

Rising Dragon-We Make It;We Sell It;We Consume It

March 15, 2009 – Comments (1)

From Asia Times On-Line   [more]

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6

Stop Feeding the Beast

March 14, 2009 – Comments (6)

The only solution is to stop feeding the beast.  If 20% of patriotic, courageous, angry, nihilistic, taxpaying citizens decide to STOP paying taxes, and if they do it synchronously, on July 4 for example, the beast will die.  Of course, there will be a bunch of dead patriots. I think the critical threshold is 20%.  The IRS and its henchmen do not have the resources to deal with it. It will be like a swarm of killer bees attacking a small calf.    [more]

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6

Why Didn't I Buy Gold in 1997 ???

March 13, 2009 – Comments (4)

Since 1997, real inflation, as opposed to ridiculously understated official inflation, has raged at a minimum of 8% annually, and has soared as high as 14-16%.  This means that you have lost a minimum of two thirds of your 1997 purchasing power.  So, if you invested $10,000 in the Dow components in 1997, not only would you have no gain whatsoever, you would have losses on the stocks which were dropped from the index due to poor performance and, in addition, to add insult to injury, your purchasing power has been reduced from $10,000 to approximately $3,000 in terms of 1997 dollars.  In other words, that $10,000 you invested in 1997 will today only buy what $3,000 would have bought in 1997.  Effectively, anyone playing the general stock markets has been wiped out by this combination of lost capital gains and reduced purchasing power.    [more]

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2

Did the Money Simply Evaporate into Ether?

March 13, 2009 – Comments (0)

   The money went into the private bank accounts of executives and employees of the largest banks, investment banks and brokerage houses around the world from profits generated by flimflam investment sales, commissions, fees, spreads and government bailout money, all of which were paid out in the form of salaries, bonuses and dividends.    [more]

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