Tex Norton
Return From The Darkside
Wednesday, July 7th, 2010Author Tex Norton
Yeah, I admit it. I made a mistake. I don’t even have an excuse. I thought I could work within the System and perhaps even make a difference. What a mistake!
It all started last Fall on a crisp soon-to-be-Winter day. Neighbors had seen a notice that the Census would be visiting our small, [...]
Next up: The No-Jobs Bill
Sunday, March 7th, 2010Author Tex Norton
Last July while many of us were in Vancouver attending the Agora Financial Symposium, the Congress of the USA passed yet another increase in the mandatory Minimum Wage. I wrote about it at the time (see Why Minimum Wage Means Maximum Slavery http://whiskeyandgunpowder.com/why-minimum-wage-means-maximum-slavery/).
In that article, I pointed-out that as the government-required minimum wage [...]
It’s Always RE-active; Never PRO-active
Monday, March 1st, 2010Author Tex Norton
A story buried on page 16 of the Thursday, February 11, 2010 Financial Times once again confirms that our “regulation” process simply doesn’t work. The article entitled US Safety Watchdog Under Attack reports that the United States car safety watchdog is under attack from Congress and consumer advocates for not being aggressive enough [...]
Follow The (Gold) Money
Monday, February 22nd, 2010Author Tex Norton
Wow! Did you notice? The IMF didn’t get any bids for its latest offer to auction 191.3 tonnes of the remaining gold that it wants to sell. Apparently the Central Banks of the world have shown a distinct lack of interest in the proposed bullion sale.
Gold game-over, correct? Not exactly.
Recall that India bought [...]
Why Are You Afraid To Be Responsible?
Sunday, February 7th, 2010Author Tex Norton
Res ipsa loquitur (The Facts Speak for Themselves). In a recent article, the author asked if we needed a New Deal. He pointed out that the original New Deal has probably been the greatest political force in America during the last 100 years. The New Deal was created by the Franklin D. Roosevelt [...]
Have They Stolen Our Future?
Thursday, January 21st, 2010From where I’m sitting, the overall situation is looking rather grim. James Howard Kunstler tells us that we will need to go back to an economy made by hand. Linda Brady Traynham tells us we need to become totally self-sufficient. Doug Casey tells us the situation is hopeless but not serious. Bill Bonner is still [...]
Are Rogue Traders Stealing Us Blind?
Sunday, November 1st, 2009Author: Tex Norton
How many of you have had a real gut check on one or more of your trades? If you don’t know what I’m asking, you’re a newbie.
My experience came in the early 1960s. I’d already been an active investor for over 15 years. As a mechanical engineer, graphs and charts appealed to me. [...]
Sage Advice from the Financial Wizard
Tuesday, October 6th, 2009By Author Tex Norton
If your house was on fire, would you grab a bucket of gasoline and throw it on the fire in an attempt to quench that fire? Of course not. But that is exactly what your government is doing with our economy.
History
Thursday, October 1st, 2009What does all this history have to do with the mess in which we find ourselves today? I may have “lived” it but I’m an old guy. The vast majority of readers only know of these events via dry history books. Why even worry about it? I’m sure you know the old adage: Those that fail to understand history are doomed to repeat it. That’s “why.” The operative word here is “understand.”