EXCERPT: Update U.S. dollar's no good at the Taj Mahal The tumbling value of the US dollar led tourism officials in India to ban the ... American tourists must pony up the Taj Mahal's admission fee in rupees in ...
Sorry, but this bares repeating: The Goose That Laid The Golden Egg
America The Golden Egg.  We emerge unchallenged economically from the Second World War.
The Golden Egg hatches.  Our money is accepted globally, even though it’s just...

EXCERPT: I've been watching a program about McDonalds and its growth in The People’s Republic of China (PRC) under the watchful eye of Mao Tesung’s huge portrait still hanging conspicuously over Teinamen square.
The PRC, still very much a Communist nation, seems to be synthesizing Capitalism and Communism.  What should that synthesis be called? [Image sizing and placement isn't what it used to be, so in order to see this diagram click on the Dialectical...

EXCERPT: It’s that time of year.    It’s time for you to be Santa’s little helper once again, to make his birthday a very merry event.     Santa’s Birthday comes but once a year (although it won’t be long before its celebration will start on Independence Day).       Be of good cheer, all you Average American Consumers.  Tis' the season to buy, to set new glorious records to celebrate...

EXCERPT: For the Average American the plummet accelerates as our leaders implement the advanced stages of the great leveling! Fallout, bits and pieces, critical elements in the process: India’s Mukesh Ambani is now the world’s richest person. It now takes: $2.0621 to buy an English Pound Sterling ($1.80 until GWB regime); $1.4425 to buy a European Euro ($0.80 until around 2001 GWB regime); $1.00 to buy a Canadian Loonie ($0.78 average pre-2001 GWB regime); ...

EXCERPT: Allow me to once again share the Profit Power Tool with you.       The Fidelity Select Mutual Funds selected below (FWLRX: Wireless, and FSAGX: Gold) are very recent investments (sold the gold just yesterday) using The Tool within the context of The Strategy (follow the links to my previous postings below for more on     The Bought Value figure has been standardized at $10K for easier understanding.  That of course changed the...

EXCERPT:     This just out for my truly Conservative Federal spending and budget discipline
“Bush will also ask Congress to temporarily change the tax laws to make it easier for mortgage lenders to renegotiate loan terms with borrowers. If a homeowner is unable to make payments and the value of its house has dropped, its lender may want to renegotiate the loan so that the borrower owes less. A mortgage provider would, in many cases, prefer to reduce a $100,000 loan to...

EXCERPT: What I'm going to relay to you is a personal experience but I have later learned that this is a practice used by another bank chain.
It all started when I was, in a sense , laid off from my job for two months. I  was finally called back last month and things are starting to get better. While I was laid off the account, that my check was automatically deposited in, was closed. So I wasn't for sure where my check was going to go. I tried to get it into my wife's...

EXCERPT: Corporate Family Values   1950’s: Personnel Recruiter: “Welcome to our company.  We are family.  Our defined benefit pension plan (hereafter referred to as the “pension plan”) underscores our commitment to you as a life-long loyal employee.”      1960’s: The Boss: “Good news – the company is offering a supplemental voluntary defined contribution retirement plan (hereafter referred to as the...

EXCERPT: Henry Ford, considered to be the father of mass production by some economics historians, ran the Ford Motor Company on the premise that an Average American should be able to afford an automobile.    He achieved this dream by realizing the cost savings of standardization, identification of the basic tasks in processes, and the narrow specialization of skills honed to efficiently accomplish a limited task or set of tasks repeatedly.   The result is what we...

EXCERPT: The “global economy” seems to be awash in Three trillion plus dollars in the Asian sector alone, much of it owned by Japan and China, and a great portion of it denominated in USD.  So what, you ask? The only thing maintaining the value of that paper is the holders’ confidence in its value.  That confidence is eroding as this profligate regime in power in DC continues to drive it into the ground.  The result is too much paper money chasing too...