Month: December 2010

Day Dollar Died

Day Dollar Died — A friend who has had a very successful career in banking sent me this and asked if I’d post it. He asked that his name not be used. Read what he wrote and watch the video. As I said he’s had a successful career in banking.

Please take the time to view this seven-minute video.

The odds of this financial crisis scenario have jumped from 1/100 to 1/5 IMHO in the past 3 months

Having worked in banking in South America during their hyper inflation period,  may give me the credibility with you to take this fictional account seriously.

Buy some gold(however few coins) and stock up on non-perishable  foods,so you can ride out the crisis/adjustment period, IF it comes.

My guess is it will take  2-3 months for things to calm down,if this  scenario plays out.



Day Dollar Died

Bobby Casey Aye On Porkmarks

Bobby Casey Aye On Porkmarks — Little Bobby Casey, who is Pennsylvania’s other Democrat senator, voted no yesterday, Nov. 30, on an attempt to place a three-year moratorium on earmarks.

Earmarks are a legislative  provisions that directs approved funds to be spent on specific projects, or that directs specific exemptions from taxes or mandated fees. They are also known as pork, which makes it puzzling why Little Bobby would vote for such an unpopular thing as he is not known for being able to bring home the bacon. Of course, he is known for being able to take orders so it’s probably not that puzzling.

Bobby is up for re-election in 2012.

Sen. Arlen Specter, as expected, also voted for the earmarks. Arlen’s long and storied career as a public hack is forcibly coming to an end, so this vote gave him one last chance to be spiteful.

The attempt to put a three-year halt to the process came via S.Amdt. 4697 which was an proposed as an amendment to S. 510  and failed on a 56-39 vote .

S 510 aka FDA Food Safety Modernization Act,  which many fear will destroy family farmers , passed 73 – 25. Little Bobby and Arlen were ayes on that one as well .

Bobby Casey Aye On Porkmarks