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Profile and commentaries of OneTinSoldier66
OneTinSoldier66
Member since May 2014
Followed by 0 memberFollows 1 member
23 commentaries, with 3 Replies
5 replies to his comments (22%)
Average Note : 87 / 100 for 11 rated commentaries  13  2 
Last commentary posted on Friday, November 7, 2014
 
 Profile Commentaries Followed By Following 
 Mish - Global Economic Analysis
Crony Capitalism Tribute; Mafia Dons vs. Politicians; Who Really Won the Election  (1)
I get this from John Stosell's book, "No, They Can't"...

Businesses are greedy. Okay, fair enough. But the more power you give to Government, the more businesses will lobby the government in order to get their way. You can boycott a business, and convince others to do the same. Can the same be said about the Government?

Personally I've been trying to get people to boycott the incredibly central...
11/7/2014 at 8:02 PM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
Crony Capitalism Tribute; Mafia Dons vs. Politicians; Who Really Won the Election  (1)
I vote all the time, pretty much every day. How? With the fruits of my labor. Some would call it my wallet. It's the only vote that I make that I believe has any real meaning or impact. I can also present a compelling aurgument/reason, or try to sway opinion, with my speech. But voting comes from the fruits of my labor and I vote in the marketplace. Voting for politicians? Hmmmmmm. Errr, uhhhm , yeah.
11/7/2014 at 7:26 PM  2  0  Rating :  2 Permalink
 Philippe Herlin - GoldBroker
United States: Voters Know Better than Economists  (2)
Thank heavens The Fed has NO EXIT STRATEGY! /s
11/7/2014 at 4:47 PM  1  0  Rating :  1 Permalink
 Mish - Global Economic Analysis
Elephant in the Room Minsky Moment  (5)
"The nightmare for ECB and the world is deflation as it’s a tax on debtors and a boon to net savers."

How can deflation be a nightmare for "the world", while at the same time be a "boon to net savers"?

-----------------------------

"Or in France’s case, the recent unilateral abandonment of meeting budget targets for the next two years is already a fait accompli."

Sounds simila...
9/29/2014 at 6:34 PMPermalink
 Mac Slavo - ShtfPlan
A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)  (4)
So, you're okay with the 17 Trillion in debt. Is there any amount of debt that your Government could be in that would make you feel like you need to take some action?
9/23/2014 at 8:08 PM  0  1  Rating :  -1 Permalink
 Mish - Global Economic Analysis
Spain Mandates Public Companies "Stop the Bleeding" No More Layoffs  (3)
If the IMF ever told the real truth and do the right thing, I would faint from disbelief.

If you take a loan from the IMF, you are taking a poison pill. And Governments seem to love this poisonous stuff called debt. I imagine it's because they can create it(debt) almost out of thin air. I wouldn't know what that's like, nor would I want to know.

Keep Calm and Slave On
9/23/2014 at 7:58 PM  1  0  Rating :  1 Permalink
 Mac Slavo - ShtfPlan
A Visual History: How Much $1 Used To Get You (And How Much It Gets You Now)  (4)
Silver's purchasing power has indeed pretty much remained the same. Back in 1964, before they took the silver out of our coinage, you could buy a gallon of gas for a Quarter, which was a quarter ounce of silver. The Quarter at that time was 90% silver. In 1965 the silver content was removed and now we have copper filled quarters(and zinc filled pennies started in 1981). But if I have a quarter ounce silver round...
9/19/2014 at 6:06 PM  1  0  Rating :  1 1 AnswerPermalink
 Mac Slavo - ShtfPlan
Report: It’s YOUR Fault: Fed Says Americans Who “Hoard Money” Are To Blame For Poor Econ  (6)
Whatever you do, don't hoard. Because if you hoard, you might actually be able to save up enough to pay someone to do some work for you, even if you're not a corporation. And we can't have average people around here creating jobs on a voluntary basis! I mean, what a disaster that would be! /sarc
9/15/2014 at 5:42 PM  2  0  Rating :  2 Permalink
 Jesse - Le Cafe Américain
The US Is In a Societal Panic: Why Our Tax and Economic Debates Are Irrational  (3)
I didn't think much of this guy. It's recognize that it's because I'm a Libertarian, and obviously this guy is not. I'm pretty certain he didn't even mention the words "freedom", or "liberty".
9/4/2014 at 5:37 AMPermalink
 Philippe Herlin - GoldBroker
Interest Rates at their Lowest: Another Reason to Buy Gold  (3)
"The author is French so the counter-party reference issue might have been a translation artifact."

Oh, I see. Thank you for explaining that.
8/11/2014 at 11:58 PMPermalink
 Jeff Clark - Casey Research
The Single Most Important Strategy Most Investors Ignore  (5)
overtheedge,

I just want to say, awesome post! I strongly agree with your opinion here, and really liked the quote from Dune at the end!!

Trying to store and hold onto stuff not in my immediate vicinity is not an option for me. I'm simply too poor to even consider attempting such a thing, even if I thought it were a good idea. If it's in my hand then I can attempt to defend it. But I don't have...
8/7/2014 at 10:58 PMPermalink
 Philippe Herlin - GoldBroker
Interest Rates at their Lowest: Another Reason to Buy Gold  (3)
"But immediately comes to mind the question of risk: “If this business goes bankrupt, I’m going to lose my gold.” So we understand that the interest (or dividend) acts as counterparty to that risk."

Huh? Maybe I'm misunderstanding something here. But in my opinion, or perhaps I should really state it as fact...

The counterparty is the business that you are dealing with. The interest(or dividend...
8/7/2014 at 10:41 PM  1  0  Rating :  1 1 AnswerPermalink
 Tim Iacono - Iacono Research
Elizabeth Warren on Banks and Student Loans  (1)
Why is the Gov't loaning or guaranteeing loans made to college students to begin with? Is the Gov't a Bank?

I was unaware that the Gov't guaranteeing loans to individuals, or corporations, was Constitutional.
8/6/2014 at 11:11 PMPermalink
 James Howard Kunstler
All Hell  (21)
"that YOU are one of those people who desires the elimination of Your Legal Border. Be careful what you wish for ! !"

It's probably because I am more than just sympathetic to anarcho-capitalists. In other words, I believe I am one. However, I believe Ron Paul gave the best/most correct answer a person could give when he was asked if he was actually an anarcho-capitalist. He said, "I believe that's the u...
8/6/2014 at 10:26 PM  1  0  Rating :  1 Permalink
 James Howard Kunstler
All Hell  (21)
"what part of… illegal immigrant… remains unclear,?"

I'll tell you what part remains unclear to me. The part that is unclear to me is why human beings in one part of the world would make other human beings not just unwelcome, but illegal. The stealing of other people's money, in order to give it to some other people that just arrived here in order to buy their vote, is what should be illegal. The entire...
8/5/2014 at 7:51 PM  1  1  Rating :  0 1 AnswerPermalink
 Philippe Herlin - GoldBroker
What the $7billion Fine to Citigroup Reveals  (6)
Back in the '80's there were about 1,000 Bankers from the S&L Crisis that were indicted on charges of the fraud and theft type. About 800 of them went to prison. Contrast that with the 2008 Financial Crisis and you begin to get an idea of the above-the-law like status bankers appear to have in today's society.
7/17/2014 at 8:23 PMPermalink
 Jeffrey Lewis
Deep State Silver and the Ultimate Loss of Control  (12)
"Once the road is clear for the elite to profit from a return to fair price reality, it will happen in an instant."

For me, this statement causes questions to form in my mind. If the elites have control of Central Bank printing presses and are able to control things through financial repression, then what is it that's going to take access to those levers away from them? Would workers of the world have t...
5/10/2014 at 6:56 PM  2  0  Rating :  2 Permalink
 Peter Schiff - Euro Pacific Capital
And the Band Played On  (8)
Here's a Band... well, a solo artist, singing about Gold!

http://www.youtube.com/watch?v=aqeYgDejQG8

I know you got a heart of gold...
5/8/2014 at 6:48 PMPermalink
 David Bond - Wallace Street Journal
The Wallace Street Journal  (11)
Hello David,

You used the word "libertarian" but make no mention of the Libertarian Party? Why didn't you make any mention of it? Are you completely unaware of it's existence? In case you are not unaware of it...

Why not join the Libertarian Party? The party of principle. If for nothing else, to at least challenge the currently established two-party duopoly.

Regards
5/2/2014 at 9:54 PMPermalink

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