After The Gold Rush

By: Repair_Man_Jack (Diary)  |  April 15th at 02:00 PM  | 

If I were an underemployed and thoroughly self-entitled crank, I could write three Volumes of horrendously lugubrious prose and describe it as my theory of life, the universe and everything.* When not earnestly engaged with inseminating his domestic help, an underemployed and thoroughly self-entitled crank named Karl Marx did exactly that. He called this Volumes I – III of Kapital. Natter on for over 2,000 pages, and even a guy like Marx will bury an occasional intellectual ruby beneath the copious mounds of pony-poop.

In light of the “Gold-Apocalypse” occurring today on Wall Street, Marx’s plaint regarding Commodity Fetishism may well be worth donning a protective mask and digging out. It could as an explanation for why my full-bodied monies recovered from the 16th Century Spanish Galion just aren’t all that valuable any more.**

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Soak The Rich, Drown The Retirees

By: Repair_Man_Jack (Diary)  |  February 22nd at 11:30 AM  | 

As a dog returneth to his vomit, so a fool returneth to his folly. – Proverbs 26:11 (HT: Bible.cc) One of the first things new British Prime Minister David Cameron did in order to fix Great Britain’s recent economic problems was to tax the rich. He raised Great Britain’s top tax rate to 50% and his economists predicted that this would raise an extra billion | Read More »