Thursday, September 24, 2009

Today In Paradise

Shocker of the day, World Central Banks Trimming U.S. Dollar Infusion. So this begs the question, who will step in and save the day? The Federal Reserve of course...that is with your money. How are they taking my money, I'm not giving them anything? Simple of course, they will create new money which can be applied to interest payments and deficits which simultaneously diminishes the value of your dollars. Directly taking the value out of every dollar in existence - including yours.

Retail purgatory is getting crowded as Samsonite files bankruptcy and Rite Aid is Downgraded.

California State Corrections will be laying off almost 1,500 workers. Perhaps they should let some of the non violent prisoners out as well and save us all a lot of time and money. While at it, why not legalize marijuana for starters and do away with one of the many bloated, unofficial and xenophobic rooted wars we are waging right now.

No comments: