Pompous, Yes; Arrogant, Yes; Stupid, No
At 8:45 the Pompous, Arrogant but not Stupid, Larry Summers explains why BitCoin is the next evolution in the payment system. Everyone will use it, why? Same as cash, “frictionless”…
Good for the Gander
“I won’t go into a lot of detail but will list only some key concerns: the long-term fiscal and tax issues (driven mostly by healthcare and Social Security costs, as…
ALL THAT GLITTERS IS NOT GOLD
All that glisters is not gold; Often have you heard that told: Many a man his life hath sold But my outside to behold: Gilded tombs do worms enfold. Had…
Follow the Decline of MONEY
We Have Been Thrown Under the Money Bridge The Emperor is always the last to learn that he is not wearing any clothes. America somehow thinks that September 11th, 2001…
Help Is On The Way
Before graduation as a Marine Officer, membership in the Navy Federal Credit Union was required to pay for a $1,000’s worth of uniforms and sword – I really wanted the…
Turkey is the Suez Canal of China’s New Silk Road
Cry not for Turkey – they didn’t get in the European Union, the Euro and a Greek like collapse. They joined the wrong side, the German side, the losing side…
THE SMALL TOWN ELITE AND THE PIANO BANK
“With your project and two more just like it, I’ll be an expert.” I designed the bank operations center for New Jersey National Bank, in Ewing Township which included lunch…
THE BIG ZIMBABWEOSKI
Where are the wheelbarrows? Every time in world economic history, when the government begins printing money exponentially the banknotes face value goes from one to a million, to a billion…