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In a story that will make any red-blooded capitalist, the Wall Street Journal reports that business are flocking to seek cash “from the biggest venture capitalist of them all, the US government.” The DOE hopes to lend or give out more than $40 billion to businesses working on “clean technology,” everything from electric cars and […]
A big hat tip to our buddy Brian Hunt at The Daily Crux for finding this gem of a t-shirt – pick one up for the socialist in your family this holiday season! You can order this beauty – and other fine items – at Liberty Shirt Market.
What’s the key to getting our economy back on it’s feet? Acccording to Comrade Joe Biden – it’s wealth redistribution. Here he explains “the patriotic thing to do” to Katie Couric: The people who do not need a new tax cut should be willing, as patriotic Americans, to understand the way to get this economy back […]
Sometimes when it rains, it freaking pours. Surprise, surprise – Social Security and Medicare are in worse shape than previously believed. Bruce Bartlett writes for Forbes that an 81% tax increase will be required to properly fund these social safety net programs in the not so distant future. The rub is that all of […]
The Daily Show sent correspondent Wyatt Cenac to Sweeden to “invesigate” the effects of socialsm in person. Hilarious bit – perfect for a Friday. The Daily Show With Jon Stewart M – Th 11p / 10c The Stockholm Syndrome thedailyshow.com Daily ShowFull Episodes Economic Crisis First 100 Days The Daily Show With Jon Stewart M […]
Coffee Perking Up? Long-time readers know that we’ve been quite bullish on coffee for some time in this space. So on Friday, when I received an email from my commodity broker, Robert, about possibly initiating a coffee position, I was extremely intrigued. We wrote this article about coffee for Seeking Alpha last August. Long-term fundamentals […]
Next Stop: Gold $1,000 Gold has a date with destiny. Destiny may not be at the bar yet, but she’s now definitely circling the parking lot, looking for an open spot outside the Gold $1,000 comeback party.My comments on gold from last week’s commentary, which were verified to some extent by the continued rally this […]
Gold Breaking Out? Adam Hewison of INO.com believes the gold market is getting wound up, ready to explode higher (check out his free video here). Long time readers know that I believe gold is heading much higher, because inflation is heading much higher. Inflation is already through the roof – it’s just that we are […]
Why create wealth when you can just redistribute it? When my wife handed me this letter from our local utility company, I exploded. I have an idea for you, SMUD – how about YOU take a look at YOUR internal processes, and figure out how YOU can become more efficient! It is a recession, after […]
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