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Ralph   E. Wood's avatar

You missed the part that Carter, created (or allowed) two of the most destructive departments in our COUNTRY, Education, leading to indoctrination not education, and energy. Each with multibillion $$

annual tax drains. The energy dept has never produced one cup of energy. Over all Carter was a bad deal. As for the J.D. looking into Nivida, that is what the commie, demos, do to get extra money at voting time, look back about 40 years (or so) past when they did the same to INTC, and MSFT, at that point they each had not made contributions to either side, when each cave $250,000, any charges were dropped. You might be too young to remember history. RALPH W.

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Petra Kehr's avatar

Another major "achievement" was his signing into law of the possibility to limit one houseowners liability (for his credit) to the underlying property. In 2008/9/10 hundred thousands, if not more simply dropped the key of their home into the Banks Mailbox and said bye, bye.

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Paul Murray's avatar

Our core problem is that most of "us" in this "country" have acceded to the government's propaganda that only government can accomplish anything, with the result that no one takes or recommends personal or small-group initiative. Up until the so-called Progressive Era of Teddy Roosevelt and Company, we had small, restricted government. How did the country get built and prosper? In the meantime, our skills and abilities have atrophied to the point that we are totally feckless. Even our aspirin is made in China. Don't believe me? Go to Walmart and look at the walmart-branded aspirin. Best always. PM

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rjt's avatar

The problem becomes a Positive feedback machine. As the government extracts more and more of our money for its purposes, we have less available for our favoured initiatives.

Mr. Bonner uses a Dow-Gold measure for value, but notes that our only real possession is our time, and the system has captured half of it.

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StarboardEdge's avatar

Hi rjt -

Only if you let it. How you spend your time is one of the FEW things in Life that you actually have some semblance of control over...

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Paul Murray's avatar

SE: Did you ever work and pay taxes? it is estimated that 5 months' worth of the average worker's output goes to cover his tax obligation. That plus all the other crap government forces on us easily goes to 6 months. I recall hearing about "certain inalienable rights", you know, "life, liberty, and pursuit of happiness". There is no better definition of time as value, or as you say, "how you spend your time." If the government is taking 6 months off the top, the "certain inalienable rights" have been devalued 50%, right? Of course, the big-government types would say that's overhead: "Look at all the stuff we're doing for you that you would otherwise have to be doing for yourself!" You know, taxes are a humanitarian gesture, the lottery is a blessing, and all the other BS. Best always. PM

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James Naylor's avatar

Yes, I'ver seen it, apparently the PRC "controls" a large % of the aspirin "market" but

BAYER'S ASPIRIN is a "product of Spain."

Walmart..well heck almost everything they sell is 'MADE IN CHINA."

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Brian Hurley's avatar

What a reversal from several years ago when they touted everything was "Made Proudly in America!" They went so far as to demand that their clothing suppliers sew an American flag label on them. Then came MFN and the total sellout of American manufacturing.

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Paul Murray's avatar

I always saw the MFN China arrangement as a perverse take on the "Petrodollar" arrangement with Saudi Arabia in the 70s, although that could be seen as a legitimate quid pro quo. By that time (Clinton admin and subsequently Bush 43) we were desperate for cover, lest our "economy" be exposed for the sham that it was and still is, though now worse. Without China's artificial inputs, our inflation and weakness would have been obvious to even the blissfully unaware. Of course, the price we paid, meaning any semblance of sovereignty, was (gleefully by the Clintons) sold to China via industrial and military secrets, technology, and internal access. Anything to keep the scam going. Best always. PM

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Fartin' Martin's avatar

Ol' Sam wasn't cold in his grave when walmart moved everything to china.

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Jimm Roberts's avatar

China also makes many, perhaps most of the meds found in US military dispensaries located in all our navy ships at sea, every air base and army posts worldwide.

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kenneth dame's avatar

Question! What if you don't have "enough" dollars to physically buy any appreciable amount of gold or silver? Answer! Invest in good well managed "small" gold/silver royalty companies. That way you don't have the unexpected setbacks in owning a single gold/silver mine, that can occur. Gold/silver royalty companies own a 3 or 4 percent of gold/silver produced for the life of each of the mines in their holdings. This way a small investor can make far more "currency" in a shorter period of time, than never being able to accumulate any appreciable physical amount of gold/silver. Then when the Dow/Gold ratio indicates it's time to sell, you might want to get paid in the "Bric" currency, if possible. Lord, help us if that becomes necessary in the future. Question! How do you know which gold, silver or combination of small gold royalty companies to own.? Buy them based on advice from someone who has the knowledge of what to own. Personally, I've followed the advice of Greg McCoach in The Mininbg Speculator for years. He tells it like it is and offers no guarantees. I'm sure there are other gold/silver investment advisors doing the same. However, like any paid advice, you pay your money and you take your chances. Good luck, youngsters.

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Paul Murray's avatar

It was Will Rogers who said, "Invest in inflation; it's the only thing that's going up." Best always. PM

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Steve Campini's avatar

If the vast majority of Democrats don't hold gold, at some point they may impose confiscation of private ownership of gold as did FDR. Something to think about.

SC

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Paul Murray's avatar

Their rationale is: we own the system; why worry about a commodity? Rather than worry about controlling what has value, they will simply restrict one's ability to profit from it. That's what CBDC is all about. Best always. PM

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Mackinac's avatar

Taming these market leaders seems to be just one more government episode of correcting some problem they caused. In this case they printed too much money and eventually NVDA skyrocketed. Now they can buy some votes by taking them to court.

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Richard Smith's avatar

I like President Carter, he is a sincere,honest American and a business man as well. Perfect no (as Ralph pointed out), I'd vote any day for Jimmy Carter. thanks for mentioning him, and hope he makes to a 100 years old.

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Petra Kehr's avatar

@pharmaceuticals

Still more disturbing seems the fact that more than 90 % of all pharmaceutical raw materials come from India and China.

Another gigantic dependency of the west. Close behind are medical precursors. I wonder how many individuals, Elitists as well as John Doe have an idea of this.

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Bill's avatar

And then southwestern bell bought a t & t changed its name to at&t. Bigger than they were before.... Still we've benefited from the breakStill, we've benefited from the break up.

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Janet Smith's avatar

And the DOJ forced the breakup of ATT in the early 80s.

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