Economy, spending, and debt
And, like everything in Texas, they do it BIG: From Bloomberg: The University of Texas Investment Management Co., the second-largest U.S. academic endowment, took delivery of almost $1 billion in gold bullion and is storing the bars in a New York vault, according to the fund’s board. The decision to turn the fund’s investment into [...]
There is an ever growing chant from Washington D.C. that says the government needs to manage the economy for our good. However, there is nothing the government does that we can't do better for ourselves and the reason why is because the sale and purchasing of items depends on people deciding for themselves what they want. [...]
Senator Rand Paul castigating Congress about it's horrible economic performance and he speaks out against demagoguing the Tea Party. He's swinging some heavy hammers of truth here. h/t Angie Parker
Props: link.
Probably the most important aspect of business is trust. Trust is, of course, built on competence and truth-telling. Your business partners will not trust you if you are an idiot, and they will not trust you if lie to them repeatedly. It is never a good idea to start out a business relationship with a [...]
We are hearing the cry more frequently that the free market system doesn’t work and the critics point to all the injustices and inequities they can find to prove their point. However, to make that claim they have to ignore how the free market system works. A grandfather clock looks beautiful on the outside but [...]
Excellent video detailing how stealing the wealth of others will not solve out fiscal problems. We need spending CUTS as well. How about a little less class warfare, and a little more common sense in spending?
Full Disclosure: I own stock in this company (PAAS). This is not investment advice, and I am not a financial professional. You should consult a licensed investment professional before investing any money in anything. Bloomberg reports: Pan American Silver Shifts Assets to Canadian Dollars Pan American Silver Corp., the world’s fourth-largest silver producer, said it’s [...]
Imagine going to a four-star restaurant and ordering the soup of the day, let's say it's chicken vegetable. In the kitchen the chef puts in the pot fresh vegetables and chunks of tender chicken and special seasonings. Then, as an added bonus he adds two drops of bleach. Thinking that something else is missing, he [...]
Well, my friends, after a FEW bold moves from Republicans in the 112th Congress, it appears that reality has now fully returned: Some veteran Republican House members are pushing back against conservative deficit hawks who are pushing for endlessly deep spending cuts, saying the right wing of the party is creating unnecessary divisions for the [...]
A market is a place where people sell items. This is why it is called the marketplace. A free market is one in which people can freely sell what they want without anyone telling them what they can and cannot sell, how much they can sell it for, when they can sell it, or under [...]
