Skiff for Gold
Lead us not into
Fools, We WeMortals
Persistently Out Of
media: All Trump all the time.
"The country will be grateful for a fairer, simpler tax system,
and a better health-care plan than the Obamacare fiasco. If that is
what emerges, the atmosphere will settle down in Washington, and the
Republican stragglers will stop playing footsie with the opposition
and the Democrats will start to rebuild, as parties do after
defeats. No one but a centenarian of faltering mind could regard
Schumer and Pelosi as the future." Press vs. Trump
Black does an intelligent job of reviewing the constant war between
the mainstream news media and President Trump.
We think the anti-Trump bias among the liberal press tends to make
him an "underdog." Many of us have a soft spot in
our hearts for underdogs. Hillary Clinton labeled us "deplorables"
and the ranks seem to be growing as more citizens cling to the hope
of tax breaks and an improved sickness care insurance
Voters rejected Hillary's liberal agenda. This was not the
objective the media worked hard to prevent. They refuse to get
|| "Gold is extremely
rare, impossible to create out of 'thin air', easily
identifiable, malleable, and it does not tarnish. By nature of these
properties, gold has been highly valued throughout history for every
tiny ounce of weight. That’s why it’s been used by people for
centuries as a monetary metal, a symbol of wealth, and a store of
value." Gold Visual
If you had to choose between
receiving payment with a $50.00 (face value) U.S. gold eagle coin or a
$50.00 Federal Reserve note, which would you choose?
Silly question. Unless you
were totally unenlightened you would choose the $50.00 coin because its
intrinsic value is in the neighborhood of $1,300.00, although its legal
tender status is only $50.00. The $50.00 paper note, on the other
hand, has no intrinsic value at all. It is merely an IOU
Does it matter? A
growing number of skeptics believe the present fiat currency system is
doomed on the grounds that creating large volumes of the stuff leads to
economic breakdown. Even former Federal Reserve chairman Alan
Greenspan has been on the interview circuit suggesting that the
old-fashioned gold standard is worth reviving. We wonder what Treasury
Secretary Mnuchin thinks about it?
The Road to Dictatorship.
Sen. McCain sees danger in Trump's push-back against
consulted Thomas Jefferson for a comment about mainstream media....which, in
his day were mostly newspapers. In 1807 he wrote the following to Mr.
John Norwell - - "Perhaps an editor might begin a reformation in
such a way as this: Divide his paper into four chapters heading the
first, Truth. 2d, Probabilities. 3d, Possibilities. 4th,
Lies. The first chapter would be very short."
- 2/19/'17) Senator John McCain, defending the media against the
latest attack by President Donald Trump, warned that suppressing the
free press was "how dictators get started".
The Arizona Republican, a frequent
critic of Trump, was responding to a tweet in which Trump accused
the media of being “the enemy of the American people”.
"I hate the press. I hate you
especially," he told interviewer Chuck Todd from an
international security conference in Munich. "But the fact is
we need you. We need a free press. We must have it. It's
"If you want to preserve - I'm
very serious now - if you want to preserve democracy as we know
it, you have to have a free and many times adversarial press. And
without it, I am afraid that we would lose so much of our individual
liberties over time. That's how dictators get started."
no question President Trump holds the mainstream press in low
regard. There's also little question the mainstream news media
did a thorough job opposing Trump in his campaign and his first
month in office. Journalists say that's their job - to be
critical of the politically powerful. Senator McCain tells
"Met the Press" That Trump's push-back is dangerous.
It could lead to dictatorship.
After an experiment in democracy begins to peter out it's not
unusual for voters to install an autocrat into
power. Professor Alexander Tytler explained the cycle in his
work in the 18th century. (Cycle of Democracy.)
Tytler may be right. In the case of the USA a republic was
established. It eventually morphed into a a democracy.
Since the 1930s it has been leaning toward Socialism. The
media vs. Trump episode we're now experiencing may be history
opinion of 210 years ago may seem quaint today. Today's ews media would work
very hard against Jefferson run for the presidency, just as it did in the
campaign of 1800. He prevailed and became the nation's third
president. (We are not suggesting,of course, any similarity between Thomas
Jefferson and Donald Trump.)
"I am confident that President Trump and the tough guys in his
cabinet will root out the saboteurs, leakers, manipulators, and liars who
infest the intelligence services and who conspire with the liberal media to
invent fake-news charges against a duly elected administration. But the
danger is real, and the fact that the intelligence community is playing
games with domestic politics is a danger to our liberties." ~Peter G.
Goldman, aka SPENGLER
heard for years there was a Shadow Government or "Deep State"
functioning in the shadows of Washington, DC, but haven't done any research
into it. Our personal opinion is that the constant erosion of the fiat
currency afloat in the world is enough for us to worry about. We shall
go to our grave believing that abandoning money in favor of irredeemable
currency was a major mistake.
But Mr. Goldman calls our attention to the "Deep State." He
writes, "To speak of a 'deep
state' in an American context is to say that the United States is
turning into a banana republic."
Quite likely. But we've never known a banana republic to make life happy for
its citizens under a system of debauched currency. Nor do banana
republics do much in the way of promoting individual freedom and
liberty. We aim to keep our eye on the money muddle. Sooner or
later the question of restoring honest money will edge its way into
Overdosing. A popular but
publisher Bill Bonner points out in a recent column, the world is
overdosing on debt. The tab, he says, is $200 trillion and an uptick
in the interest rate of only 1 percent would run the annual interest on
world debt to $2 trillion. Even in this age of debauched currency
that's a helluva heavy tab to bear.
managed, can be a good thing. But as our paternal grandmother was fond of
saying, "Too much of a good thing can lead to trouble."
For instance, a suppertime dollop of wine can be beneficial but downing an
entire bottle every evening can lead to big trouble.
debt almost always comes to a bad end. So does overdosing on drugs.
We're told that self-abuse with opioids is running out of control in some
areas in the U.S., and only recently we hear that carfentanil overdosing is
killing people in rapidly increasing numbers. The stuff is about 10,000
times more powerful than morphine and only a couple of grains can be
lethal. It's used to sedate large animals, like elephants.
drugs. . . a couple of millstones that hang heavy around too many necks.
A philosophical comment from Phrendly Phred.
"Trump did not cause the deep division in the country. It
A Timely Word from very
different Americas. I suspect that the half of the
country that voted for Trump, that voted with wild enthusiasm,
that roared at huge rallies, was not so much voting for
Trump as against the other America. It was just that they had
never had a chance before. The two countries have little in common
and do not belong on the same geography." FRED
can count on the curmudgeonly Fred Reed to say what he
thinks. And he thinks the USA is politically split right
down the middle. The political left vs. the political
right. But it shouldn't surprise anyone. The political
left vs. the political right. Add the mainstream news media
whose bias runs to the left and it's little wonder there's a
distinct clash between political viewpoints. Hidden in all
the furor are the fundamental differences between the two
political extremes. Common sense debates are long overdue.