Government sponsors untold waste, criminality and inequality in every sphere of life it touches, giving little or nothing in return.
Doug CaseyTrusting the government with money creation is like trusting a drunk with a whiskey factory.
Doug CaseyThe time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans.
Doug CaseyGlobal warming hysterics generally have limited scientific knowledge, and of geology and meteorology in particular. Their belief is not science; it's more akin to religion. The main epicenter of hysteria is not the scientific community but seems to be Hollywood.
Doug Casey