Saturday, November 08, 2008

babies, dollars, and presidents

In high school they made baby making sound so easy and simple.
She got pregnant and presto a baby nine months later.

They didn't tell (us boys) bout the sick stomach, gestational diabetes, and all those other adventures.

Z is testing her blood sugar 5 times a day and is now on insulin.

***
Z and I voted for Pres.
In the past elections, it's been a choice of who's the less bad of the two.

In this election, it's been obvious that Obama is the better leader of the two.
I am not sure he is willing or able to fix the problems with the economy.

There were three options for President on the Texas ballot.
I chose to write in the best man for the job, Ron Paul.

So one could say that I knew my choice would lose. But I also can say that I chose the best person versus the lesser of two evils.

That being said, I am so hopeful and relieved that our next president will be President Obama.
I'm hoping his leadership and political smarts will help him work through what needs to be done.
***
Gold takes energy and time to mine, process, mint, and distribute. It can't be burned, it does not tarnish or ware out.

It's takes the same amount of energy and resources to print a one dollar bill as a thousand dollar bill.

What is to keep the government from just printing their way out of debt?

Newton said that every action has an equal and opposite reaction.

Pump money into the system ...more money means each dollar becomes worth less (and eventually worthless).

That's what they have been doing for decades.

But since 1971 our currency has not been tied to anything other than paper.

Prior to 71 our dollar was tied to one ounce of gold. $20.00 paper dollars would be exchanged at any bank for one ounce of gold, a $20.00 gold coin.

The currencies of all the other world are tied to the dollar through the Bretton Woods agreement.

The emperor has no clothes.

Free market tells us that the more something is in demand, the more it should cost due to limited supplies.

Prices go up...

There is a 6 month delay on receiving silver bullion. This has been true for three months now.
Yet the price of silver has actually dropped...

The big boys are playing with the markets...

***
The good news is...

there is a way out of this mess,

let's hope the new pres will make it happen...

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