This is further proof that both Republicans and Democrats are, to put it kindly, totally ignorant of some of life's basic facts, and even common sense. Both sides want it to be compulsory for insurance companies to be forced to insure people with "pre-existing conditions." Think about that one, with ...read more
Iceland: Harbinger of Worldwide Collapse
Apr 17th, 2009 | By Don Stott | Category: Featured, Macro Economics
Iceland is a mess. Total mess. Bankrupt and its currency, the krona, has been abandoned by most people in the world. In Iceland it's lost two thirds of its former value and purchasing power. Iceland is a nation that throughout its long 1100 history-year history has been extremely poor, depending ...read more
Hoover and FDR
Apr 13th, 2009 | By Don Stott | Category: Featured, Gold, Macro Economics
It seems as though history continues to repeat itself. During the first 'great depression,' Herbert Hoover was President at the outset. He instigated the things FDR would later enlarge upon, none of which worked. Now we are in the beginning of the second 'great depression,' and it's almost exactly the ...read more
Absurdities of Socialism and Hyperinflation
Mar 26th, 2009 | By Don Stott | Category: Featured, Gold, Macro Economics
It really isn't difficult to find things to write about! Especially when the economics of a once great nation have been emaciated, plundered, and bankrupted. Do you realize that every man, woman, and child in America, as of today, has as a personal part of the national debt close to ...read more
When Central Banks Tamper with Interest Rates
Mar 13th, 2009 | By Don Stott | Category: Featured, Macro Economics
I really believe that all bubbles must burst. Bubbles are highly unstable! This one had to pop eventually, and of course it did. Most will blame it on greed, but that's like blaming plane crashes on gravity. There were several causes of the current depression, but the main one is ...read more
What Could Happen: The Collapse of Big Cities, Big Governments and Subsidies
Feb 27th, 2009 | By Don Stott | Category: Featured, Macro Economics, Politics
First of all, I really believe that we have another FDR on our hands. Obama is a superb orator. With those teleprompters at hand, he is an absolute master. He has a deep, resonant voice, is extremely intelligent, and can read those speeches with total ease and composure. His speech ...read more
Basic Economics
Jan 9th, 2009 | By Don Stott | Category: Featured, Macro Economics, Politics
There are so many complications, economics wise, and there shouldn't be, because as Ludwig von Mises once said, defining economics, "People Act." It's just that simple! Examples are everywhere. Toyota is closing its plants for 11 days, and how many employees does this affect? Let's say 2,000, at $200 a ...read more
Public Schools and Social Security: Killing America, Part I
Dec 8th, 2008 | By Don Stott | Category: Economics, Featured, Politics
There are a lot of ways to kill something, either slowly or quickly. As for a living thing, you can shoot it, run over it, or use some other instant way of getting rid of it. There are slow ways, such as poison administered gradually, or perhaps destroying its ability ...read more
Stop Fixing It
Nov 25th, 2008 | By Don Stott | Category: Economics, Featured, Personal Liberties, Politics
There is nothing so sad as to see an elderly person with a whole medicine cabinet full of various prescription drugs, which are regularly taken several times a day and for some strange reason their health doesn’t seem to improve. Thousands of times, a son or daughter has come upon ...read more

