Gresham’s Law Says America In Trouble

Gresham’s Law, named for the financier Thomas Gresham, states that in a system of circulating currency, forged currency will tend to drive out real currency, as real currency is hoarded and forged currency is spent. We see a similar result in human systems, as with bad behavior driving out good behavior in a crumbling moral system, or bad practices driving out good practices in a crumbling economic system.

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Emergency Climate Situation

Look at that chart. CO2 levels are now higher than they have been in millions of years.

The solution here is easy- switch to nuclear power for power plants and most transportation (electric cars and nuclear powered cargo ships like our navy ships), and tax any CO2 generating activity at a high level globally.

Why won’t we switch to nuclear power?… read more “Emergency Climate Situation”

Merrill Lynch / Bank Of America’s Investment Platform is VERY Disappointing

I moved a good chunk of money into Bank America’s Merrill Lynch investment trading platform. I discovered in short order that the only funds they had were funds that had extremely high management fees. After calling in to discuss this with one of their representatives, I moved all my funds into Interactive Brokers – far better range of options and much better fees.