Archive for March 15th, 2009
Conspiracy Theories That Surround The Federal Reserve: Part II
Posted by Preston Poulter in Gold Standard on March 15th, 2009
My last entry explored the popular conspiracy elements contained in G. Edward Griffin’s The Creature from Jekyll Island: A Second Look at the Federal Reserve
The period of American history that is crucial to understanding the formation of the Federal Reserve is the last 1800s. Unfortunately, this is a period of American history where most Americans are completely ignorant. US history as it is taught in most schools pays scant attention to this period in history. The US History most of us learn in school spends most of its time discussing Colonial History, the Revolutionary War, the Civil War, and Cold War. No major wars occured during the late 1800s, so its just not considered worth spending much time on. If anything, the only time this period in history gets mentioned is by Democrats trying to remind us how bad this period of time was- back when the goverment’s role was small and bureaucrats and regulators had overrun the nation. This “Gilded Age of the Robber Barons” (as they term it) was surely a vicious time that we can’t afford to go back to.
I derided this attitude in a prior blog, “Who’s Afraid of the Big Bad Robber Barons?” The people who attack this period in history most, tend to be those who understand it the least. The Industrial Revolution was underway during this period and society was in upheaval.The United States was becoming a mammoth industrial power and the real wages of the working man increased dramatically; real wages for labor have only stagnated since, so let’s not be too hasty in our condemnation of this era of the Robber Barons. The foundations of the nation we would become today were all laid during that period. Read the rest of this entry »
Open Letter to Artie Lange
Posted by Preston Poulter in Investing and Financial Doomsday on March 15th, 2009
As my personal friends know, I’m a fan of the Howard Stern show. This week the Stern show had two separate moments that showed just how deep this recession has affected people. First, Howard Stern did a segment of the Mexican Delivery game. Howard typically does this when he has porn stars in. The two in question were Kagney Linn and Tory Lane.
The crux of the game is that Howard Stern orders something to be delivered by a Mexican; I have no idea how he arranges this. He has the delivery man make the delivery in-studio and then gets them on the microphone and offers them a hefty tip or the chance to see the girls naked. In times past, the man making the delivery has gone for the chance at flesh, but that’s not what happened this time around. According to HowardStern.com:
Howard then welcomed Raoul, the first Mexican delivery guy, to the studio and offered him a $50 tip – or the opportunity to see Tory and Kagney naked. Raoul chose the money, so Howard upped the offer to $50 or a naked hug from Tory (with bonus tit-squeeze).
Again Raoul went with the money. Howard asked Tory what went wrong, and she blamed the translator: “I don’t believe the translator’s telling him [the correct deal].”
The second delivery guy, Hector, said he hadn’t been laid in six months – so Howard had the girls strip down to get him started and offered Hector a $25 tip or the chance to hug, squeeze and slap the girls.
Hector chose the money. Howard was shocked: “The economy has really turned.” Tory got depressed: “Gimme that food.” Read the rest of this entry »