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Ed House
5 Comments
What the Fed's Latest Decision Means for Investors [view article]
I'm afraid Mr Marxbites is on the right track. Almost all Americans are debt slaves. Their currency only worth something due to mass hypnosis. Gold and silver are the real currencies, but the government might take them just as they took the gold of their citizens in 1933. Mr Courtenay is right gold should rally, but it is not in the interest of the controllers of the fiat money supply to do so. I suggest buying some gold and silver and trying to enjoy the remainder of your life in whatever pursuit you believe is worthwhile. I believe the oncoming collapse will be unprecedented and may lead us back to serfdom of the dark ages. Good luck everyone. Aug 06 11:29 PMChevron: Rising Revenues and Analyst Estimates [view article]
Chevron could really break out of the pack if it licensed the patents it purchased from GM for GMs plug in electric car the EV1. Chevron owns all of the patents including the NiMH battery technology. Unlike lithium ion batteries, NiMH batteries do not overheat so there is no chance of fire. It's common knowledge that Toyota can't add a plug to their Prius because of Chevron's patents. Once Chevron licenses these patents to the automakers the sky is the limit as far as the share price is concerned, and the energy crisis and global warming would be averted. Chevron would be a corporate hero. May 15 10:33 AMWhat's the Best Way to Capture a Country? [view article]
The best way to capture a country is obvious. It has already been done. First you replace asset backed currency with worthless fiat currency. Then you make it illegal to own any hard currency (e.g. gold) and force all the citizens to forfeit their hard currency. Then you form a private banking cartel and force all the smaller banks to buy shares in the cartel or you put them out of business. For a more detailed explanation see the Federal Reserve Act of 1913 or read "The Creature from Jekyll Island" by Edward Griffin. May 12 11:07 AMNew Factory in Brazil a Model for Ford's Future, but the UAW Hates It [view article]
Interesting video and article. The video mentions that the Camaçari factory is full of young workers who are "eager to learn." I wonder what happened to all the old workers? Also the reporter in the video said the plant is a model of effeciency and revolutionary. There's nothing revolutionary about building a gasoline powered car. The last revolutionary car was GMs EV1 and we know what the oil companies did to that vehicle. First they sent Michael Moore after Roger Smith and then Texaco/Chevron bought all the patents. May 12 10:47 AMJP Morgan Rolls the Fed of New York (and BSC) [view article]
Why would the Fed bail out JP Morgan Chase and not Bear? If you look at the shareholders of the Fed, a private company, you will find that one of the largest is JP Morgan Chase. Perhaps an audit of the Fed is in order, however, congress will never allow it. Cheers. Mar 25 10:42 AM