Friction Of The Day
Using Humor and History to combat the ongoing opposition to the creation of WEALTH. WooHoo!
Saturday, March 09, 2019
If the World was using a gold standard today between countries as the World did from 1947 to 1971 then China would have all the World's gold.
The US trade deficit to China was $450,000,000 in 2017.
The price Gold $1300 an ounce
Comparing 2017's trade deficit with Bretton Woods agreement then would owe China 346,153,846 ounces of gold.
10,766 metric tonnes
Total World deficit $621 Trillion 2017
35,273 ounces per tonne
A tonne of gold today is worth $45,854,900 per tonne at $1300 an ounce.
$13,542 tonnes of gold we owe the world
$450,000,000 2017
Gold $1300 an ounce
346,153,846 ounces we owe China
10,766 metric tonne
Total World trade deficit for the US was $621 Trillion 2017
35,273 ounces per tonne
$45,854,900 per tonne at $1300 an ounce
If Bretton Woods agreement was in effect today the US would owe the World 13,542 tonnes of gold. At the rare for the 18 years China would own every ounce of gold above the ground.
Friday, December 21, 2018
Why The Rich Are Getting Richer
Why The Rich Are Getting Richer
I came upon this video and thought I would share it with you.
He raises a great question. Why don't they teach you about money in schools?
Take a few moments and watch this short video.
P.S. - It's been a while since I posted but that's about to change!
Thursday, January 10, 2013
The Facts About Crime - Britain vs the U.S.
This is an interesting video...
Gun Control ... FOR ALL!
If we are serious about mass killings then it is only reasonable we talk about "Car Control."
Automobiles kill thousands more than guns, but since driving is a privilege no one wants to talk about the car problem. We would rather spend our time trying to restrict, or worse, remove your right to self defence.
If the President decides to implement gun control on the populace, then I would be all for it as long as it includes ALL citizens, including government body guards!
Automobiles kill thousands more than guns, but since driving is a privilege no one wants to talk about the car problem. We would rather spend our time trying to restrict, or worse, remove your right to self defence.
If the President decides to implement gun control on the populace, then I would be all for it as long as it includes ALL citizens, including government body guards!
Wednesday, January 09, 2013
Coming Back With A Vengence
I know, it's been way to long since I've updated this blog. So hang on America because now I'm ready for a comeback!
Tuesday, June 05, 2012
Will The Democrats Stop Their War On Women?
This war on women must come to a stop! It is only hurting Obama.
Vice President Biden today stated that women, even smart women, like Michele Obama and even his wife would not make it in the real world if it wasn't for the helping hand of Big Government.
I wonder how the fairer sex feels about this story?
Read it here...
Vice President Biden today stated that women, even smart women, like Michele Obama and even his wife would not make it in the real world if it wasn't for the helping hand of Big Government.
I wonder how the fairer sex feels about this story?
Read it here...
Thursday, May 31, 2012
Progressive Thinking: Do As I Say, Not As I Do!
Hypocrisy is the state of pretending to have virtues, moral or religious beliefs, principles, etc., that one does not actually have.[1] Hypocrisy involves the deception of others and is thus a kind of lie
Okay, I admit I have a simple mind. But, sometimes it makes things a little clearer.
Those on the left seem to have a problem with the Citizens United v. Federal Election Commission ruling from the Supreme Court. They say that corporations should not have the right to spend their money on elections. That corporate money will only corrupt the election process.
But when it comes to Unions spending their members money on elections, all is well.
What is the difference I ask?
Okay, I admit I have a simple mind. But, sometimes it makes things a little clearer.
Those on the left seem to have a problem with the Citizens United v. Federal Election Commission ruling from the Supreme Court. They say that corporations should not have the right to spend their money on elections. That corporate money will only corrupt the election process.
But when it comes to Unions spending their members money on elections, all is well.
What is the difference I ask?
Wednesday, May 23, 2012
Wednesday, May 16, 2012
Tuesday, May 15, 2012
Women Voters Moving To Romney
Looks like Obama has some bad news about the fairer sex moving towards Romney. According to a NY Times poll, women haven't heard about the GOP's war against them. The Obama team says the poll is biased so don't pay any attention to it.
Well I have to agree...the poll didn't include the transgendered or the cross-dressers!
Well I have to agree...the poll didn't include the transgendered or the cross-dressers!
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