Tuesday roundup
Beacon Headline Quick Links for 23Mar2009
This is a page from the original version of Pagan Vigil. There are some formatting differences. Originally published at www.paganvigil.com/C1319896483/E20090323134948
Beacon Quick Links for 23Mar2009
Roundup of the headline links
Kroft to Obama: Are you punch-drunk?
I've begun to wonder that myself.Wikileaks taken offline after publishing Australia's banned websites
Turns out that the server couldn't handle the traffic.Resistance grows to Obama's bigger government
Encouraging signsDHS Officials Skirt Open Meeting Laws to Promote REAL ID
Evidently the law only applies to the little people.Montana's Sound Money Bill
I am not convinced that this one isn't a big dose of wish fulfillment, but it could be. Also here, but consider the source.US Mint Suspends Production of More Gold and Silver Coins
Granted it's collectable coins, but certainly worth watching close. Especially if states start requiring gold and silver for payment.US bikini wax ban plans ditched
New Jersey officials found they had a fight on their hands.Law puts non-offenders on state's sex registry
Another example of the tyranny of the sex offender laws.Posted: Mon - March 23, 2009 at 01:49 PM
99 years of dollar signs
A 1915 dollar has $23.24 in purchasing power today. Gold averaged $18.99 per troy ounce.
A 1940 dollar has $16.77 in purchasing power today. Gold averaged $33.85 per troy ounce.
A 1950 dollar has $9.94 in purchasing power today. Gold averaged $34.72 per troy ounce.
A 1965 dollar has $7.52 in purchasing power today. Gold averaged $35.12 per troy ounce.
A 1980 dollar has $3.06 in purchasing power today. Gold averaged $615.00 per troy ounce.
A 1999 dollar has $1.43 in purchasing power today. Gold averaged $278.98 per troy ounce.
A 2008 dollar has $1.11 in purchasing power today. Gold averaged $871.96 per troy ounce.
A 2011 dollar has $1.07 in purchasing power today. Gold averaged $1571.52 per troy ounce.
I’ll spare you the accounting explanation. What you should take away from this is that government rigs these prices so it can draw profit on your loss. Between the currency and the price of gold, you’re losing money.
It gets worse.
When it comes to “investments” on anything from a bank passbook account to stocks to bonds, if your return on investment (ROI) is less than the inflation rate, then you are losing money and government gets the difference.
It’s a rigged game. You can’t win except with very high stakes and if the government backs your play.
So this entry ends with a simple question.
Who rigged the game?