Thursday, June 4, 2009

Unicorn Poop AKA stimulus jobs

I have often wondered lately, with all the thousands of job closures, layoffs and shut downs, how the Chosen One can keep saying that thousands of jobs have been created by the stimulus money. Carl Rove has had the same thought and gives a good explanation of what the morons in DC are doing.

It seems that buying gold is not just for the right wing end of the world wackos now. Northwestern Mutual thinks it's such a good idea they are buying a buttload of it. 400 Million dollars of it.

"The abandonment of the gold standard made it possible for the welfare statists (government bureaucrats) to use the banking system as an unlimited expansion of credit. In the absence of the gold standard, there is no way to protect savings from confiscation through inflation... Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process." - Alan Greenspan

Think about that for a while. By the way, I shamelessly stole that from

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