Obama and Clinton Are Right!
Apr 27th, 2009 | By Linda Brady Traynham | Category: Featured, Morning Whiskey
Anyone can be right once.
What America needs desperately is a “re-set” button, just not one in flawed Russian. We’re already being overcharged. What would solve most of the problems (after some truly horrible tangles were unraveled) would be to go back a minimum of a hundred years and start over. 1909 would do quite nicely.
Did you gasp, “Are you mad woman?! You would lose your right to vote!” No, I am not insane at all. If the price of restoring the gold standard, eliminating the Federal Reserve, dismantling the welfare state, getting rid of millions of pages of deleterious regulations, wiping out all the “laws” set by Liberal judges, and following the Constitution strictly is forfeiting my right to vote–take it with my blessing. It would be the best trade of my life.
I’m a trader, not an “investor.” Every time the government tells us it is “investing” in our future, the results are the same as holding stocks for the long term–with all the fun of margin calls, a thing no one with any regard for his skin would contemplate for a moment. Hold stocks as “investments” and whatever increase you have will be eaten up by inflation or destroyed by business cycles or government actions. Sometimes you don’t get out of Polaroid or Texas Instruments or the “war” on drugs in time. In a moment of sentimental madness you might considered picking up some Flying Tigers or “Head Start.”
You can’t fall in love with stocks; pick ‘em up, ride ‘em up, cash ‘em out, Rawhide! and on to the next one. It isn’t safe to fall in love with government programs, either. They don’t pay dividends, you can’t get them out of your portfolio, and they proliferate like mongrel puppies, howling their ugly little heads off, messing on the floor, consuming ever-increasing amounts of resources, and repeating the cycle endlessly.
Making money in the stock market and running governments sensibly both need to be done cooly, intelligently, with a level head, firm principles, and a committment to getting out of anything that doesn’t work.
Regards,
Linda Brady Traynham
April 27, 2009
Linda,
You are right on! with just about everything. But you are mistaken on one little point. We do have a re-set button, the problem is we refused to use it last November. Instead we had a popularity contest between the bestest mostest wonderfulest men and women that USA could put forward for the Executive and Legislative branches. I wonder if you pull the battery off the back of this thing called USA we could find a hard re-set button. The one that requires a paperclip to push. Me thinks if you push that one, things would really get going and fast.
If our fearless leaders are reading this, I saw the other day Staples had a sale on “EASY” buttons, maybe they could try one of those. If it doesn’t work they can always give it as a gift to a foreign leader.
David
Hi Linda,
If we went back to 1906 and lost your right to vote, you could have mine. Just tell me who to vote for.
Kurt
I would make the reset button read as 1912.
1913 marked three extremely deadly acts of Legislation:
(1) The Income Tax 16th ammedndment, passed during the Christmas recess
(2) The passage of the Federal Reserve Banking act, like the Holy Roman Empire, it is not Federal (privately owned, good luck in finding ourt eacatly who) Reserve (what reserve of gold/silver) and Bank (go and ask to borrow some TARP funds and see what happens)
(3) Seventeenth Amendment (Amendment XVII) to the United States Constitution was ratified by the states on April 8, 1913. The amendment supersedes Article I, § 3, Clauses 1 and 2 of the Constitution, transferring Senator selection from each state’s legislature to popular election by the people of each state.(Before the States and their legislatures had direct control of one branch of Congress, now the 10th ammendment is looked at as being subversive)
Linda, Don’t forget, NO IRS
John