Bev and I spent an enjoyable weekend with our friends Bill and Connie at Neskowin. Plenty of food, drink and conversation. Just plain relaxing with walks thrown in on the sand or through the town. One big difference between Bill’s and my outlook for the U.S. economy is time. He thinks eventually we will end where Greece is now, bankrupt, if we continue on our present fiscal and monetary path. There is still time to pull out of our nosedive. We just need the political will.
I don’t see any political will to cut trillions from our spending that can overcome the anger from the public once they see their programs being cut. I think it is too late. We both like Gold. He is not willing to guess how high the high is for Gold and it may take years saying the high is unknowable. I on the other hand think we could go parabolic and the endgame is over the next year and a half. I base part of my reasoning on the following chart:
If we stay in the current uptrend, we will look like the period from 1970 to 1980 and the top is up near $10,000 in 2012. What’s the risk if I’m wrong? You own lots of Gold before everyone else. What’s the risk if he’s wrong? Anything denominated in dollars vanishes like the memory of summer heat in November.
“We’ve got to stop spending money we don’t have,” said Perry. “I promise you this, I will work every day to make Washington, D.C., as inconsequential to you as I can.”
I do not accept the premise! I understand how much you believe in your theory, but don’t try to destroy the many more that don’t accept your histrionics.
Al Gore says, One day climate change skeptics will be seen in the same negative light as racists, or so says former Vice President Al Gore.
The science is not so cut and dried as the former Vice President claims. For every scientist on the warming side, there’s at least one on the opposing side. And for all the claims that the levels of CO2 or GHGs are climbing, there has been no evidence that the earth is warming. In fact all the dire consequences of more hurricanes based on (gasp) global warming just have not materialized. There seems to be a much more substantial connection between the output from the sun than anything else.
Don’t try to paint me into the corner called racism. The analogy doesn’t hold.
“The Cut” by George Pelecanos
George Pelecanos is an independent film producer, an essayist, the recipient of numerous international writing awards, a producer and an Emmy-nominated writer on the HBO hit series The Wire, and the author of a bestselling series of novels set in and around Washington, D.C. He currently writes for the acclaimed HBO series Treme.
map 1.4 2011/08/28 17:46:25 46.228N 123.071W 21.3 9 km ( 6 mi) NW of West Longview, WA map 1.4 2011/08/27 11:35:08 45.834N 122.922W 24.2 9 km ( 5 mi) WSW of St. Helens, OR West Longview is almost Oregon!
Karl Weber’s important, eye-opening food exposé is just $1.49
map 1.2 2011/08/25 16:16:25 45.121N 120.930W 17.6 13 km ( 8 mi) ESE of Maupin, OR map 2.0 2011/08/24 20:59:47 42.626N 122.397W 2.3 17 km (10 mi) NE of Butte Falls, OR
map 1.5 2011/08/24 14:04:10 45.640N 123.378W 0.0 21 km (13 mi) W of Banks, OR map 1.5 2011/08/24 12:29:26 45.323N 123.467W 23.3 22 km (14 mi) W of Yamhill, OR
King World News has a must listen to, fascinating and uplifting, interview with Ken Ivory: Utah House of Representative (R-UT, District 47).
Ken is the gentleman who spearheaded the “Utah Legal Tender Act” which recognizes gold and silver as legal tender in the state of Utah. Ken is a partner with the law firm Ivory Law, P.C. in West Jordan, Utah. Given the daunting challenges that face the state and the nation, Ken took time from his business and law practice to run for state office in order to “secure the blessings of liberty” to his posterity. He previously served as general counsel for a publicly traded Japanese company and for the Japan Olympic Team during the 2002 Winter Olympic Games, as well as coordinator of international relations in the Mayor Office of the City of Osaka, Japan.