Ever wonder why the dollar is in a steady decline? Ever wonder why so many foreign corporations and companies own so much American property?

     It's really quite simply because we have ceased to be a producing nation. Not that we are not very productive, very busy, very hard working. It's just that we no longer produce very much physical material for all of our hard labors. This is not to say that our exhaustive intellectual property or managerial and IT service isn't worth anything, it has value, in it's own way.

     But here is the problem: all this intellectual property, managerial whatnot and IT services, you can't eat them, you can't wear them, they will not quench your thirst, they will not power your machines. They are luxuries.

Can you build a country's economy solely on luxuries?

Yeah, I didn't think so either. Read more...

    I don't want this to be specifically, politically critical here, but this “Gas Tax Holiday” is an utter load of bullshit. So it is impossible for me to avoid going out and advising anyone and everyone against this “bread and circuses”, “corporate welfare” plan. Putting it simply, Hillary Clinton and John McCain somehow think it is OK not to collect roughly 20 cents worth of taxes on every gallon of refined petroleum. They say the savings would be passed on to the consumer.

    This is blatant misdirection.

    The only people who have anything to gain from this are the oil companies who will be able to sell more gasoline and diesel over the summer than normally without cutting their profit margins. Read more...