Why Government Control Is Overrated

Posted on March 15, 2019 by MN Gordon

There is much confusion from Republicans and Democrats about what’s torturing the American landscape.  Middle American red state towns have slipped into a self-induced opioid coma.  Wealthy blue state cities along the east and west coasts are rotting from the inside out.

Both parties, nonetheless, are committed to big government, and big deficit spending, to bring about the new paradise.  But do the President and Congress believe that more of the problem – big government – is somehow the solution to the nation’s ails?

As far as we can tell, this is the wrong question to ask.  The real question is a question of control.  That is the government’s desire to attain complete control over people, places, and things.  To have complete control over your life, your property, your wealth, and your future earnings.  That’s what they’re after; much more than MAGA.  Their track record proves it. Continue reading →

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Fake Money’s Face Value Deceit

Posted on March 8, 2019 by MN Gordon

Shane Anthony Mele stumbled off the straight and narrow path many years ago.  One bad decision here.  Another there.  And he was neck deep in the smelly stuff.

These missteps compounded over the years and also magnified his natural shortcomings.  Namely, that he’s a thief and – to be polite – a moron.  Recently the confluence of these two failings came together like a sewage spill to a river draining through the center of town.

Mele made a dishonest mistake.  He failed to recognize that he’s not the only dishonest soul operating in a dishonest world.  That is, he failed to comprehend the difference between face value and real value.

So it was, with dishonest intentions, that he burgled a rare coin collection with no clue what it was that he’d taken.  To his soft and greedy mind all he saw was a hoard of coins with a face value of One Dollar.  Thus, he redeemed them for cash.  Zero Hedge offers the details: Continue reading →

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Why Warren Buffett Should Buy Gold

Posted on March 1, 2019 by MN Gordon

Warren Buffett bought his first shares of stock at 11 years old.  He saved up $114.75 and “went all in,” purchasing three shares of Cities Service preferred stock.  The day was March 11, 1942 – nearly 77 years ago.  Buffett recently reminisced about this purchase in his annual letter to shareholders:

“I had become a capitalist, and it felt good.”

Buffett was merely getting started.  Over the succeeding 77 years Buffett’s investing acumen, and a rising tide of government sponsored fake money, garnered him a personal net worth over $80 billion.  That’s a breathtaking haul, indeed.

Most nights Buffett sleeps well.  Why wouldn’t he?  He’s got more dough than he could ever possibly spend.  And as for the burden of extreme wealth, Buffett’s been given a nifty – tax free – escape route from beneath the mass of this weighty condition.

His pal Bill Gates, via the Bill & Melinda Gates Foundation, offloaded his conscience and flattered his ego.  Thus, even in the late night hours, when the coyote’s howl at a full moon, Buffett sleeps soundly and with the full knowledge that his fortune will be used for noble philanthropic causes.  Buffett’s pledged to give more than 99 percent of his wealth for benevolent endeavors. Continue reading →

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The Great Workfare Era Is Here

Posted on February 22, 2019 by MN Gordon

New Congressional members arrived in Washington last month with much hoopla and the promise that a centrally directed, democratic economy, will usher in a new era of prosperity for all. This new Congress, however, isn’t looking to the hope and promise of the future. They’re looking to the despair and failings of the past.

“From each according to his ability, to each according to his needs,” declared Karl Marx in 1875. For the new Congress, and their retread pursuit of democratic socialism, the declaration is: “No shirker left behind.”

To attain this objective, all the accepted laws of gravity and arithmetic must be abolished by legislative decree. House Democrats, and many House Republicans, are eager to comply. Remember, to voters, debts and deficits don’t matter.

Politicians are well aware that to get elected and stay in office over the long haul they must promise free stuff. A politician that promises to cut social security and limit Medicare won’t be a politician for long. Continue reading →

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