Wednesday, July 6, 2016

Gone, or Rebirth Possible?

Every day when I taught economics I would first write on the whiteboard: Market Rules! While markets are subject to distortion and manipulation, in the end they always tell the truth. Gold is soaring around the world. Analysts I trust are saying that it’s a response to the Clinton Crime Family exoneration. While we all know this a watershed event, the whole world is seeing it that way, too. Here is what one foreign news media now says about us: http://www.xyz.net.au/clinton-cleared-end-of-rule-of-law-in-america/

If we become weaker internationally, we must depend upon our internal strength more. The economy, while seemingly slow but steady from most government numbers, has endured deteriorating internals. Politically, we are in a pre-civil war like polarization.

In a recent Facebook discussion, Katherine Evatt built a case to preserve certain former PG&E land along the Mokelumne River, prompted by my statements about the Mother Lode Land Trust. But do we want this land to be governed by an unelected body? And do we need another organization to manage public or semi public land? We now have a service economy based upon borrowing money from often hostile foreign powers. We produce less and less of what we consume. We don’t use our own resources. How many Saudi oil presidents have we had? I see in the Mother Lode Land Trust existence both the internal economic decline and the political attitudes that defend self destruction.

PS: Does anyone know of a county with lots of unmined gold?

Copyright 2016, Mark L. Bennett

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