Topics
-Bond for car insurance rather than real insurance – good idea?
-Limited liability in life
-The magic question to tell if you are in the Matrix: “Are you a U.S. Citizen?”
-Mr. Gause gives his analysis of Bernanke’s Senate testimony on Tuesday
-It is possible to opt out of Obamacare. Don’t try this at home.
-Buying coins from the U.S. Mint and operating heavy machinery
-Seigniorage – now that you know the meaning of the word you may ask: “Why would the U.S. Treasury give this profit to the private Federal Reserve Bank of New York?
-The Fed’s balance sheet – 4 Trillion Dollars
-MZM, hot money grows to 12 Trillion Dollars
-Detroit may file bankruptcy. Are they too big to fail?
-In reality there are no real cuts happening Friday and no real debt ceiling
-Debate in play. Mr. Gause says it is bread and circus
-CBO, historically their numbers are 50% short, predicts U.S. debt in 10 years at 25 Trillion
-The Environmental movement was taken over by the boys many years ago
-Time to buy mining shares?
The Real World of Money Archive
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3 comments:
Gold down again to ~$1,576 I see.
You're an exhuberant optimist, Stockman.
:)
Gause's odd comment at around 20-21 minutes: He refers to hedge fund managers as "people who made something of their lives". I like to listen to Gause, but he sometimes enjoys a surprising amount of cognitive dissonance. These Wall St criminals have not been helping the United States, but have been making huge profits. I guess you could say bank robbers have "made something of their lives".
Was all the hushed chitchat at the end intentionally included I wondered (not that it was very interesting either).
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