Monday, August 29, 2011

Taking Your Ball And Going Home

To those of us old enough to remember some of the fondest memories of our youth was playing various sandlot sports. My personal favorites included touch football and softball. Occasionally an all out argument would break out over a perceived rule violation such as touching a tree on the side line without actually stepping over the line or whether the rock which the foul ball hit was in foul territory. Generally these arguments were settled after 10 to 15 min of intense negotiations. In some rare instances the game abruptly stopped when the player who owned the ball said " I'm taking my ball and I am going home"

What does the above have to do with anything? Well ,recently many Americans including myself have been purchasing precious metals in one form or an other simply because we do not trust the financial markets or even the American Dollar with Obama at the helm.

The money invested in precious metals goes to the purchase of those precious metals and nothing else. There are no mutual fund stock shares to be pumped , there are no investment decisions to be made by a board of directors and there is no investment capital to be loaned by bankers. The precious metals investment simply sits there oblivious to rest of the financial world.

Many of us have decided " to take our ball and go home"


A Voice In The Wilderness

Wednesday, August 10, 2011

In Praise of Jimmy Carter

In the late 1970s a peanut farmer from Georgia was our President

On Sunday morning he walked to church with a Bible under his arm to teach his Sunday school class at a Baptist church.

His brother hawked Billy Beer and his mother was attacked by a rabbit in a row boat. His wife conveyed the grace of southern gentility.

When the hostages were taken he burrowed into the White House never leaving the DC area. He did not want to be accused of not caring about our national crisis.

When the price of gas raised to the unbelievable cost of one dollar a gallon he championed coal gasification and shale oil projects to make us energy independent .

When he spoke of the spirit malaise in America we knew he was right. ( We also knew he was the source of much of the malaise)

When a rescue mission by our troops failed he notified our nation and he took his medicine as we took ours.


Now we have a community organizer as our President.

He seldom attends church and when he does it espouses black liberation theology.

His family uses Air Force One as a shuttle to one exotic vacation locale to the next. His wife preaches the virtues of fresh vegetables to children while noshing on burgers in private.

When the stock market tumbled and our bond rating was down graded he continued to attend fund raisers and play golf.

When the price of gas approached gas approached $4.00 he did nothing but continue to tie the hands of domestic energy producers.

When he spoke of shared sacrifice and evils of tax breaks for corporate jets. We simply just turned off the TV set.

Ah Yes ...President Jimmy Carter.... My memories of him are getting fonder every day.

A Voice In the Wilderness