Weekend Show Politics – Sat 9 Mar, 2019

Hour 2 – Politics – A Different Take On The Political Segments

  • Segment 1 – Craig Lindsay helps Cory and I to introduce a brand new topic to KER Politics.
  • Segment 2 – Craig and I discuss future possibilities for the American Economy.
  • Segment 3 & 4 – Professor Gary Galles of Pepperdine University discusses the financial aspects of Federal Government.

Segment 1
Segment 2
Segment 3
Segment 4

  1. On March 9, 2019 at 4:01 am,
    irishtony says:

    Once again, a BIG HELLO , & Thank you to all at The KER…………….
    Hard to decide if this is the Truth , or just Humour !!!!!!!!!!
    Anyway , enjoy……click on the twitter link , & turn the sound on…

    • On March 9, 2019 at 6:49 am,
      Excelsior says:

      Funny IrishT. Cheers!

      • On March 9, 2019 at 6:57 am,
        OOTB Jerry says:

        Good one Irish

    • On March 9, 2019 at 10:05 am,
      Alexander Korelin says:

      Thanks Sir Irish as these are just the kind of comments that have a purpose. Purposes being a bit of levity along with, to those of us of a conservative bent, a huge amount of humor.

      Thank you for helping us out with this and no mega anger on you part.

  2. On March 9, 2019 at 6:02 am,
    CFS says:

    is it that politicians, the media (and the general public) do not understand the debt problem, or is it simply that those in power are so self-centered, self-serving and corrupt, that they as long as they’re all right and retain power in the short-term, they don’t care about the long term consequences?
    I believe that most who visit Kereport understand that the long term consequences of debt are, indeed, dire; that’s why they are interested in Korelin Economics and precious metals as a potential future lifeline.
    I see the USA (and several countries) at a point in history where monetary collapse of some form is almost certain. We have never had a precedent for the indebted primary reserve currency to totally crash the world monetary system as utterly as could happen now, so drawing on previous history is difficult, but one has to guess as to the best options.
    Perhaps the system will survive long enough for it to be replaced by some non-governmentally-controlled monetary system such as cryptocurrencies; perhaps not.
    Perhaps there will be total chaos in the collapse. Who knows?
    We must remain vigilent and try to modify our holdings of wealth as circumstances change and, thanks to Big Al, the Kereport is one way of exchanging ideas in these troublesome times.

    • On March 9, 2019 at 6:21 am,
      Ebolan says:

      I thought the commies in Commiefornia got you.

      That or you were seeking asylum in b’s blog. 🙂

      Instead, you just went AWOL.

      Mr. Big Al Korelin said he would find you and it looks like he lived up to his word!

    • On March 9, 2019 at 10:08 am,
      Alexander Korelin says:

      As always a lot of wisdom, without anger, in you comment. MANY THANKS FOR YOUR CONTINUED INPUT, PROFESSOR.

    • On March 10, 2019 at 4:23 am,
      Ron says:

      Sorry to correct you professor, but our monetary system is not controlled by the government it is controlled by a foreign banking cartel.

      • On March 10, 2019 at 6:45 am,
        OOTB Jerry says:

        Ditto…….Right On…..Ron……..

  3. On March 9, 2019 at 6:29 am,
    irishtony says:

    Hello..CFS..Great to have you back.

  4. On March 9, 2019 at 6:33 am,
    Ebolan says:

    Seg. 3

    “The government was mandated to do what was good for everybody…and that came about by the free election system…” WTF?

    • On March 9, 2019 at 6:39 am,
      Ebolan says:

      Seg 3

      How can that guy be a professor? With views like that the Commies in academia would string him up. I don’t think he will be professing much longer.

      • On March 9, 2019 at 6:43 am,
        OOTB Jerry says:

        Be nice……..the big spam will hammer you into a new can of beanie weenies…..lol

        • On March 9, 2019 at 6:44 am,
          Ebolan says:

          Then I will have to seek asylum in b’s blog. 🙂

          • On March 9, 2019 at 6:50 am,
            OOTB Jerry says:


          • On March 9, 2019 at 7:22 am,
            Excelsior says:

            Good one!

            It will be interesting if the new Spam Hammer will be used truly if people are being rude and insulting others, or if it is simply because some readers don’t agree with someone else’s perspectives. (I suspect the emails Big Al is receiving is the latter and not the former)

            Personally, I’m all for moderating inappropriate or rude interactions from posters or garbage posts that have nothing to do with the site’s focus, but it can be a slippery slope (just ask Facebook & Twitter & Youtube who are under heat for banning certain posts but allowing far worse ones).

            If anything the trend on the KER for years is that most regular contributors have a certain level of respect and discourse for one another, even when they may strongly disagree. Sure there are flare-ups from time to time, but usually short-lived… like in any family.

            >>> Really most of the hateful comments are from the sporadic occasional users that pop on and insult our guest, or take swipes at regular contributors.


            – There is one poster that gets on once a month just to take cheap shots at Bob M. and that dude sounds like a broken record and offers no value

            – There is another poster that gets on sporadically only to hurl insults at Craig Hemke, yet never offers anything of value

            – Some posters used to get on only to post whacked out conspiracy theories and nutter YouTube videos, but they’ve been pruned from the bush appropriately.

            – We had a few really imbalanced posters that would shout in ALL CAPS at people about the Baltic Dry Index, or about Hellfire and the end of the world every day, and they were appropriately removed.

            At this point most of the problem children and bad eggs that screamed at others and insulted our guests were removed from the site and it’s been fairly civil, since those birds flew the coop.

            It really is truly a fine line of moderating a site to keep things civil, or over-reaching and banning content because it threatens someone’s belief system. This is why it is hard to even discuss religion, politics, or social justice warrior topics without irritating a large percentage of the audience.

            Since I know the Big Owl is a fan of listening to all sides of a debate, surely he won’t be banning content that someone may simply not agree with. Here’s a clue: You’ll never post a topic or put up a guest speaker that everyone agrees with, and if you continue to pick controversial news topics of the day, you’ll always alienate part of your audience.

            For example, last weeks KER Politics was on slavery reparations and it an insanely charged and controversial topic including many assumptions on what is or is not racist, who is or is not to blame, who should pay, and who should receive, and most importantly why the topic of reparations is being used as a political tool/weapon.

            Despite the charged topic being selected, everyone seemed to handle themselves with class and there weren’t any major disagreements or fights.

            Now, if people wrote in because they were offended, or didn’t share the same opinions that were discussed, then that is on them, and they could have articulated the point and discussed it civilly. Disagreeing with a thesis isn’t grounds for banning someone if it was done in the spirit of an open debate of ideas.

            It’s possible that some of the topics the KER selects for topics of debate (like slavery reparations, pulling out of Syria/Afghanistan, Catholic church issues with pedofilia, the Green New Deal, Trumps Tweets, etc….) are simply the issue and are in fact very polarizing and will run off a large percentage of people be default.

            > I’ve mentioned that to the Big Owl a few times that if you have discussions involving politics, race, religion, gender politics, then you are inevitably going to isolate huge chunks of your audience as a result. (Especially when you take a stand in one of the camps like he and his guests often do).

            —> The fundamental question is:

            How do the KER politics segments enhance the site’s target audience, reach, and revenue goals from its show sponsors?

            What is the KER Brand?

            It is blatantly clear that all the show sponsors are resource stocks, and not political think tanks or sponsors, so maybe that should be considered when picking out topics.

            Does the KER politics topic selected really add to all the company interviews and economic discussions during the week, or is it a self-serving pet topic of the day?

            Many of the topics considered for KER politics are divisive by nature and have no connection to the rest of the site, other than they are on the Big Owls mind.

            While many may find these topic interesting, or current in the news cycle, are they really relevant to the rest of the site’s branding and mission and target audience? It is obvious that the very topics covered are actually the real issue that cause the division, much more so than the blog infighting or people being rude.

            Just my 2 cents as an observer and regular contributor for the last 8 years.

          • On March 9, 2019 at 7:34 am,
            Ebolan says:

            8 years???

            Dang, you’re a newbie! 🙂

          • On March 9, 2019 at 7:45 am,
            Excelsior says:

            I know right…. I lurked as just a listener/reader before I posted though.

            Big ups to folks like you Ebolan, OOTB, IrishT, Matthew, CFS, and Doc that have carried the torch of blog enlightenment for so long here. It is appreciated.

            I’d also make the point that maybe the reason there are so many listeners and readers is because of what an interesting kettle of fish we all are. 😉

          • On March 9, 2019 at 7:51 am,
            Ebolan says:

            If I can make just one person laugh then my work here has been worthwhile.

          • On March 9, 2019 at 7:52 am,
            OOTB Jerry says:

            Well said again……and thanks ……..
            I remember the first time Irish came on…..We had to correct his use of language…. LOL 🙂

          • On March 10, 2019 at 8:02 am,
            OOTB Jerry says:

            I think it is obvious who Owl was catering too……seems to be a repeat story…jmo

        • On March 9, 2019 at 6:45 am,
          Ebolan says:
        • On March 9, 2019 at 6:49 am,
          OOTB Jerry says:

          I lkie greg’s site….for some great info…

        • On March 9, 2019 at 7:01 am,
          OOTB Jerry says:

          Pepperdine University is a private research university affiliated with the Churches of Christ and located near Malibu, California.

          • On March 9, 2019 at 7:02 am,
            OOTB Jerry says:

            Just google info……….

          • On March 9, 2019 at 10:36 am,
            Alexander Korelin says:

            Thanks OOTB, I knew that it was private, but I did not realize that it was focused on research.

            Thanks my friend.

          • On March 9, 2019 at 2:17 pm,
            Ebolan says:

            Didn’t know that…maybe I was confusing them with Peppermint U! 🙂

          • On March 9, 2019 at 4:08 pm,
            Ebolan says:

            Or Pepsodent U…

    • On March 9, 2019 at 10:18 am,
      Alexander Korelin says:

      I thought that in addition to what you wrote in your comment, the government’s mandate was to protect the countrhy!

  5. On March 9, 2019 at 7:47 am,
    Dick Tracy says:

    The Biggest driver for gold prices will be the return to the gold standard. There also must be transparency by different auditors that perform yearly inspections. We have talked about this subject endlessly but it is the only game in town.

    Because The US has been the leader most of the Western nations and the rest of the World have followed in lockstep. Canada has no gold reserves and a huge debt on all levels of our society. When The US dollar tanks and gold is left standing mining will be the most important business on the planet and particularly precious metal. Gold deposits like those in Alaska owned by Northern Dynasty will get the green light and so will the willingness to mine this very valuable but treacherous environmental resource. If The Panama canal can be built any resource can be extracted in a safe way that doesn’t harm the environment. DT

    • On March 9, 2019 at 8:23 am,
      Excelsior says:

      The 7 Major Flaws of the Global Financial System

      Jeff Desjardins – The Visual Capitalist – February 13, 2019


    • On March 9, 2019 at 9:19 am,
      Dick Tracy says:

      Oh Yes, the Pebble Deposit in Alaska will be developed using Artificial Intelligence, which is absolutely the biggest advance in mining and will allow (robo) geologist’s to see and define deposits much quicker and faster than in the past. Also there isn’t the need for ventilation in mines with the use of batteries. Technology and how it is changing mining is here and now but most disregard the future because the past is so much more comfortable. But you guys knew that anyway. LOL! DT

      • On March 9, 2019 at 10:29 am,
        Alexander Korelin says:

        Regarding robotics in the mining industry, Mr. Tracy, if your haven’t already done so become familiar with the advances allowable by 5g. We discussed that in our Book Club last Wednesday and I have to admit that I had no idea where 5g could take us.

        • On March 9, 2019 at 11:01 am,
          Dick Tracy says:

          Big Al, My concern is how will people adapt to our changing world, 5g maybe huge but it is only a small part of a now ever changing world. Multi tasking is not what our brains were developed to handle but that is what they must accept. Do you think our species which took millions of years to evolve can change overnight? DT

    • On March 9, 2019 at 10:34 am,
      Alexander Korelin says:

      I think that with the prediction of future problems made by Professor Galles, a golds standard could prove to be the only solution.

      What did you think of his comments that “when you consider unfunded liabilities” the deficit actually comes in at over $200 trillion”. Makes a person really stop and think doesn’t it!

  6. On March 9, 2019 at 8:29 am,
    CFS says:

    I admire your faith in gold.
    Certainly it has mantained buying power through millenia, however, when much wealth is stored in the primary reserve currency, I wonder from where will come the buying power to advance gold when a reserve currency collapses. Hitherto gold has preserved wealth as minor currencies collapse. We have no recent history of collapse of the reserve currency; only the transition from sterling to dollars as the U.S. economically out-performed the U.K. over the last two centuries.
    The following may be of interest…
    While I partly agree with Leeb, I still have some reservations.

    • On March 9, 2019 at 9:21 am,
      Matthew says:

      Faith in gold is warranted if purchasing power preservation is your goal. The U.S. dollar is worth 98.5% less today than it was when the Fed took control of it and put an impostor in its place. That amounts to a collapse of the senior reserve currency and nothing credible suggests that gold will stop accounting for the degradation of any currency.

      • On March 9, 2019 at 9:50 am,
        Excelsior says:

        The Buying Power of the U.S. Dollar Over the Last Century

        Jeff Desjardins – The Visual Capitalist – April 5, 2017


      • On March 9, 2019 at 10:20 am,
        Alexander Korelin says:

        You, as always make a valid point, Matthew. Thank you.

      • On March 9, 2019 at 10:53 am,
        CFS says:

        Over thousands of years, gold has indeed preserved purchasing power…..as total wealth has continuously increased.
        I am positing a slightly different concept, which I believe was validated in the 2008 collapse/recession.

        What happens if total wealth decreases? (e.g. in a collapse of world’s reserve currency)

        In the 2008 collapse, when the U.S. stockmarket collapsed, so did gold.
        e.g. gold was about $1100 in March, 2008 as the recession started.
        dropped to about $850 by October, 2008 as the recession was ending,
        before climbing to about $2000 by August, 2011.
        IMPLYING wealth creation may be necessary for gold price increases.

        i.e. if money drives the gold price higher, in the short term as money is destroyed, does gold really preserve purchase power, or is purchase power only restored as destroyed wealth comes back?

        • On March 9, 2019 at 11:11 am,
          b says:

          Thats one reason to keep cash, when all things crash so too could gold, thats the time to buy it (back up the truck) gold should move to an equilibrium with the amount of cash around when the “crashing” ends.

        • On March 9, 2019 at 12:06 pm,
          Matthew says:

          CFS, 2008 wasn’t at all what it seemed when it comes to gold’s performance. It collapsed from an extremely overbought all-time high after going vertical. Since vertical moves tend to get completely retraced regardless of any stock market or economic concerns, gold’s performance that year was not only not bad, it was superb. It did no more than retrace that spike despite stocks crashing and despite the fact that the spike had taken gold to 156% of its 600 week (12 year!) moving average. Gold still managed to finish 2008 worth close to 6% more U.S. dollars.

          • On March 9, 2019 at 12:08 pm,
            Matthew says:

            Here’s a picture of the action I described:

          • On March 9, 2019 at 12:25 pm,
            Matthew says:

            On the above chart, notice that the 2006 spike was also completely retraced.
            2008 was a non-event for gold.

    • On March 9, 2019 at 9:23 am,
      Ebolan says:

      It’s about having no faith in the US feral goooberment. Or any goooberment as they are all just rackets with printing presses.

      • On March 9, 2019 at 9:37 am,
        Matthew says:

        “If you don’t own gold…there is no sensible reason other than you don’t know history or you don’t know the economics of it…” — Ray Dalio

      • On March 9, 2019 at 10:11 am,
        Alexander Korelin says:

        I certainly do agree with you Ed, and I appreciate your lack of anger. I do realize that for a person as passionate as yourself, at times that can be difficult. I also realize that your intelligence allows you to rise above it.

        • On March 9, 2019 at 1:13 pm,
          Ebolan says:

          Oh, I AM angry. If you’re not angry about what these crooks are doing, you are not paying attention.

          • On March 9, 2019 at 1:35 pm,
            Big Al says:

            We are all very angry, Ed, there are simply various ways to express our anger.

      • On March 9, 2019 at 10:14 am,
        Alexander Korelin says:

        If I understand our point, I agree that it could be a way to return to what we consider to be normalcy.

        I also think that all of the comments so far are constructive and very thought provoking to any new listeners who might be out there.

        THANK YOU, SIR!

    • On March 9, 2019 at 10:25 am,
      Alexander Korelin says:

      CFS, my personal opinion on your comment is simply that a person should attempt to preserve their wealth through both gold and silver. I also use silver because the lower cost relative to whatever currency is in trouble should allow it to be used as the “coin of the realm” while gold could be used for high value purchases.

      • On March 9, 2019 at 11:05 am,
        CFS says:

        Big Al,
        Note my comment above.
        I believe Gold preserves purchasing power as the dollar declines to some extent.
        I believe the price of Gold is sustained by increasing world wealth, more than anything else.
        Obviously, as the dollar depreciates (due to Government induced inflation) the price of gold expressed in dollar terms should increase.
        But what happens if wealth is destroyed?
        Is there perhaps not a loss in desire or ability to buy gold?
        Will this not affect the price of gold?

        • On March 9, 2019 at 3:58 pm,
          larry says:

          As deflation of assets occur in a big way…Maybe the wealth transfer of all time occurs for the few holders of gold…IT IS a good future discussion…Thank you for bring it up…

      • On March 9, 2019 at 11:06 am,
        CFS says:

        I agree, based on historical analysis, silver appears to be cheap relative to gold.

  7. On March 9, 2019 at 8:37 am,
    Dick Tracy says:

    On the future of American industry, I think they need to resurrect fads like they did during the 1920’s, no flag pole sitting but what about spam slamming. It should be a fun way to return to normalcy. LOL! DT

  8. On March 9, 2019 at 11:42 am,
    CFS says:

    A further question about gold…..

    The price of gold hit $2000 in 2011 and is now 35% lower. WHY?

    Has inflation in the dollar decreased? I don’t think so.
    Has a great new amount of supply of gold suddenly occurred? I don’t think so.
    Have central banks suddenly stopped buyimg gold or started selling? I don’t think so.
    Has the world economy become more stable and safe?
    Was gold simply over-priced back in 2011. If so, why?

    Judging by the mergers occurring between big gold companies, I have to believe we are close to peak gold and there is movement towards grabbing reserves, so why is there no price increase in the commodity itself?

    • On March 9, 2019 at 11:46 am,
      Big Al says:

      Great idea for a topic of a future editorial. Craig or Doc would be good candidates for the guest slot.

    • On March 9, 2019 at 12:19 pm,
      Matthew says:

      CFS, not one asset on earth is impervious to the madness of crowds but the one that comes closest is gold. No other asset is nearly as stable in real terms. Confidence in the U.S. dollar is quite volatile and that adds to the perception that gold is very volatile.
      Isn’t it interesting that gold is worth the same amount of oil today as it was at the 2011 top even though it is over $600 lower?

    • On March 9, 2019 at 12:52 pm,
      Matthew says:

      You should also ask yourself if investor perceptions change whether there’s been real changes or not. Then there’s relative, measurable valuations. Gold traded at a multi decade extreme when the Dow went below 6 ounces of gold. Portfolio rebalancing and profit taking had to be huge in 2011 and for very good reason.

      Those who blame their mistakes (and I don’t mean you) on manipulation or a crazy/dumb/irrational market are victimizing themselves but don’t know it.

      Those looking to get rich or stay rich better assume that the market is right and that they are wrong when something doesn’t go as expected.

      • On March 9, 2019 at 1:18 pm,
        CFS says:

        I partly agree with you, of course, Matthew.
        But I also ask myself, is the destruction of the middle class in America also likely to destroy gold demand?

        I believe we are facing societal changes that will affect all investments, and perhaps even a coming revolution.

        • On March 9, 2019 at 1:34 pm,
          Big Al says:

          Is the middle class destroyed or has it fallen lower or has its definition changed?

          • On March 9, 2019 at 3:30 pm,
            Ebolan says:
          • On March 9, 2019 at 4:37 pm,
            OOTB Jerry says:

            That is a great article………….TIME is Up……

          • On March 9, 2019 at 7:42 pm,
            Ebolan says:

            Says it all…

            The other failure: most “average” Americans simply couldn’t comprehend or even conceive of the hatred directed against them. Statism, whatever its variations, is never about doing something for people, it’s about doing something to them.

        • On March 9, 2019 at 1:40 pm,
          Big Al says:

          It seems to be happening in France and it could be right around the corner here. I personally think there is a good chance of it.

        • On March 9, 2019 at 3:02 pm,
          Matthew says:

          The destruction of the middle class will probably result in gold rising even more quickly since the few who do own the bulk of currency units might find fewer enticing alternatives.

          The money supply keeps growing whether there’s a middle class or not and gold will ultimately account for it.

      • On March 9, 2019 at 1:37 pm,
        Big Al says:

        Investor perception changes in which particular sectors, Matthew?

      • On March 9, 2019 at 1:42 pm,
        Big Al says:

        I personally, as much as I like bill Murphy and Chris Powell, see zero truth in the gold manipulation theory.

        • On March 9, 2019 at 4:27 pm,
          OOTB Jerry says:

          How do you figure…….just asking…..

    • On March 10, 2019 at 4:51 am,
      Ron says:

      I am very interested in this topic. My opinion–The gold price was simply overvalued in 2011. If you look at a Historical Gold chart longer than 30 years the gold price has simply returned to the mean. As for why. Like my-self everyone thought that all the Money printing (Helicopter Ben) would cause hyperinflation and like myself they went out and bought Gold. We did not realize that the Globalist has destroyed the economy causing a giant deflationary spiral, and that all the money was not going into the economy but to foreign banks. Velocity of money was very low.

  9. On March 9, 2019 at 12:33 pm,
    CFS says:

    Isn’t it interesting that fracking changed forever the economics of the oil industry, but gold mining appeared to change without any equivalent cause?

    • On March 9, 2019 at 1:43 pm,
      Big Al says:

      Please explain just how the actual mining process is changing, CFS

      • On March 10, 2019 at 9:28 am,
        CFS says:

        Sorry, Big Al, I mis-spoke. The public opinion/ valuation of gold mining appeared to change without obvious cause.

  10. On March 9, 2019 at 1:11 pm,
    Ebolan says:

    You boys remember this?

    Walmart Replacing Overnight Shifts With “Labor-Saving Machines”; Eliminates Store Greeters


    Well, today I had to go to Walmart to get some items not available elsewhere and as I was leaving I noticed what looked like a half-machine, half-creature in the corner. Luckily, it was doing nothing. Maybe the comment Welcome to Walmart… Please shake my claw, so I can scan your Iris was correct.

    Welcome to Walmart… Please shake my claw, so I can scan your Iris.

    • On March 9, 2019 at 1:36 pm,
      Big Al says:

      Could it be that in overnight shifts, Walmart was looking out for the safety of their employees. Just asking!

      • On March 9, 2019 at 2:14 pm,
        Ebolan says:

        I don’t know what the machine/creature was for but thinking of that comment made me start laughing…not sure what my fellow Walmart shoppers thought of the machine or my laughing.

      • On March 9, 2019 at 3:11 pm,
        Ebolan says:

        I should have taken a picture of it for you boys but I was so puzzled by it I didn’t think of that. Sorry.

      • On March 9, 2019 at 3:57 pm,
        OOTB Jerry says:

        Walmart does not want to be the largest US employer any longer……Hope the Waltons bite the dust bins of history……They will go down as one of the contributors of the demise of the US experiment…..

  11. On March 9, 2019 at 1:30 pm,
    Whit says:

    Mr. Korelin, best weekend show on the political side ever…. also the comments are some of the best….thank you everyone!

    • On March 9, 2019 at 1:33 pm,
      Big Al says:

      Many thanks, Whit

    • On March 9, 2019 at 7:45 pm,
      Ebolan says:

      Whit, you come back, now…we don’t want to be witless… 🙂

      • On March 9, 2019 at 8:50 pm,
        Whit says:

        Ebo…. you made me laugh….more than once in this weekend session 😉

  12. On March 9, 2019 at 3:38 pm,
    Markedtofuture says:

    Democrats Vote To Give Illegal Immigrants The Right To Vote


    • On March 9, 2019 at 3:54 pm,
      OOTB Jerry says:

      de Rome is over………swamping by the illegals,,,,will sink the ship, but, heck with $210 Trillion, what is a few more bucks…..Rome fell, and de Rome is right behind.

    • On March 9, 2019 at 4:11 pm,
      Ebolan says:

      In Commiefornia a DemoRat has proposed legislation to let 17 year olds vote…I’m surprised they didn’t lower it to 5 year olds…then the DemoRats could have given the kiddies an ice cream cone and stuffed unicorn for their vote.

      • On March 9, 2019 at 4:12 pm,
        Ebolan says:

        And I bet Gabby Nuisance will sign it into law.

        • On March 9, 2019 at 4:19 pm,
          OOTB Jerry says:

          You did see, where Pelosi’s dad or grand dad… was a drug runner…..

  13. On March 9, 2019 at 4:17 pm,
    OOTB Jerry says:

    Dang….we are not doing to bad on being Debt slaves…..But, the House of Roth has a head start on the Europeans……lol

  14. On March 9, 2019 at 9:27 pm,
    CFS says:

    Greg Hunter’s Sunday morning with Kirby.


  15. On March 9, 2019 at 9:32 pm,
    CFS says:

    Macroeconomic analyst Rob Kirby says, “Global financial system is critically broken.” With massive amounts of secret and not so secret money already created, what will happen to gold? Kirby says, “The price of gold will revalue itself once the carnage and the pieces are all on the ground and people around the globe realize the true enormity of the crimes that have been committed. The price of gold will revalue. It will revalue to a dramatically much higher price than we have been accustom to. That’s coming whether we like it or not. . . . We could see something like a real Roman candle in the price of gold. We could see the price do things we could have never ever imagined in the very near future. We are headed for a very, very serious round of inflation and probably a hyperinflation coming to the West. We will live to experience it, and this is baked into the cake. . . . The people in control of the U.S. dollar are very aware that this is coming too. This is why they are muscling up and talking more about gun control and putting in more pieces to implement a police state in America. They are very aware of what is coming.”

    Join Greg Hunter as he goes One-on-One with gold expert and macroeconomic analyst Rob Kirby.

  16. On March 9, 2019 at 10:05 pm,
    CFS says:

    Is rob Kirby correct in assuming there will be a mad rush into gold? I don’t know.

    I believe all Central Banks know exactly what is going on……and central banks are in collusion to mostly all do the same thing……print money…..use it to keep interest rates low and value their currencies where they want them to be.

    I believe only a monetary collapse, probably worldwide, will stop the central bank collusion.
    I believe such a collapse will be postponed just as long as central banks can, and it may well be the case that the US will use force to ensure no central bank dares to go rogue and initiate the collapse.

    Until any collapse, debt is now so large that high interest rates simply cannot occur.
    Until any collapse, the gold price will be suppressed by monetary printing and use of “paper” gold.

    Is there any limit to money printing as long as central banks collude?
    I suspect not.

  17. On March 9, 2019 at 10:09 pm,
    CFS says:
  18. On March 10, 2019 at 4:11 am,
    Ron says:

    Democrat OAC has proposed to rebuild every building in the entire US over the next 10 years. I work in construction. Construction generates a lot of waste. For example, I am remodeling a restaurant. This project has generated 10 – 30 yard dumpsters of trash. This is equivalent to filling up a 1000 sq. ft house. If every building in the entire US was rebuilt there would not be enough room to store the trash. What the democrats are proposing is to trash the entire country and borrow 60 trillion dollars to do it.

  19. On March 10, 2019 at 5:15 am,
    CFS says:

    Did you mean democrat AOC
    Alexandria Ocasio-Cortez

    (or Absolutely Original Crazy as she is better known to her friends)


  20. On March 10, 2019 at 5:43 am,
    CFS says:

    This youtube video may seem to be off topic.

    (It is about global climate change)

    But it has relevence in currency collapse, economkic collapse, not because of debt, but because of the coming REAL Climate Change probable.

    Hint: It is not Warming!


    So will gold suddenly increase in price, or will money pour into food and food production/farm-land values?
    (The video is just one of hundreds supporting coming global cooling as opposed to global warming.)

  21. On March 10, 2019 at 6:04 am,
    CFS says:


    is a site referenced above.

  22. On March 10, 2019 at 6:13 am,
    CFS says:
  23. On March 10, 2019 at 8:31 am,
    AJ says:
  24. On March 10, 2019 at 9:08 am,
    OOTB Jerry says:
    • On March 10, 2019 at 10:02 am,
      Ebolan says:

      Thanks, Jerry. I passed that one on to a friend of mine who ran a taxpayers association.

      It’s like that with the local goooberments, too, so it’s not just the state. Where I live a recently retired city clerk has a yearly pension of around 150,000 plus full health benefits. By the time the cops are in their early 50s they are eligible for yearly pensions of about 90% of their salaries so they “retire” then get another cop job. Or if they don’t do that they will claim disability and get a big payout on top of the six figure pension. That’s just a couple of examples. There’s much more.

      Anyway, Commiefornia is a freakin’ basket case. Check this out.


      • On March 10, 2019 at 10:08 am,
        OOTB Jerry says:

        I know , there was an article about two years ago, about CHIPs (california highway patrol cops)…..who were retiring with $100,000 a yr. pensions….I thought that was insane….
        Govt officials should be held out to dry…….jmo

        • On March 10, 2019 at 10:13 am,
          Ebolan says:

          As shocking as it sounds, CHP getting 6 figure pensions is common. Also, if they die before their spouse, then the spouse gets the pension until she/he dies. Anyway, a lot of law enforcement “retire” in their early 50s then go get another cop job, maybe go from CHP to local cop or sheriff so they in effect collect two paychecks until they really retire.

      • On March 10, 2019 at 10:14 am,
        Ebolan says:

        – My property tax bill has the bill for my property taxes AND sixteen other taxes by local government agencies. In addition, my city charges developers up to $90,000 per building/home they build.
        – In the last election, 70 California cities raised their sales tax rates (primarily to pay for escalating pension costs for our failing pension systems).
        – Cities are now developing tax ordinances for VACANT properties.

        • On March 10, 2019 at 10:19 am,
          OOTB Jerry says:

          California’s public schools are among the worst in the country. National tests place California students 44th (reading) and 46th (math) in the nation. California had a high school exit exam between 2006 and 2016. Calibrated at the 8th grade level, students were required to pass the test (and given multiple chances) to graduate. Few passed that the test and it was killed in 2016.

          -Fifty three percent of students entering the California State University system were so low academically they were required to take remedial English and math courses. Citing low graduation rates for these students, the CSU is canceling remedial classes (Progressive logic).

          • On March 10, 2019 at 10:20 am,
            OOTB Jerry says:

            No wonder Pelosi keeps getting elected…..stupid is stupid…..lol

  25. On March 10, 2019 at 9:09 am,
    OOTB Jerry says:

    After 36 years as a California government transportation engineer, Bijan Sartipi retired with much more than a goodbye party: He was paid $405,000 for time off he never used — one of more than 450 state workers who took home six-figure checks when they left their jobs last year

    • On March 10, 2019 at 10:06 am,
      Ebolan says:

      The public employee unions own the politicians. Hell, where I live most of the county supervisors and city council members are public employee union members or ex-members.

      So no serious reform will take place. It will take a collapse for anything to change.

      • On March 10, 2019 at 10:21 am,
        OOTB Jerry says:

        I think you are correct….the middle class is history, as long as you have idiots being passed on in high school, who can not read or do math…….

      • On March 10, 2019 at 11:22 am,
        Whit says:

        Ebolan, speaking of county supervisors, my 92 years young grandfather told me the other day that our local supervisors was a part time job, met once a month, some were business owners, mangers, ranchers,farmers,etc. Then he said, they used to have the greater good of the county in mind.

        • On March 10, 2019 at 12:17 pm,
          OOTB Jerry says:

          Not anymore……. Our fire station use to be ran by volunteers ….not anymore….

          • On March 10, 2019 at 12:24 pm,
            OOTB Jerry says:

            I moved into a small town in the 90’s…..they had 1 policeman……..today they have 102..
            and they all have their hands out….The town council, decided it needed a mayor, my taxes have quauduooopled…services are no better….
            Each new police officer drives a new Explorer …….lol

          • On March 10, 2019 at 5:28 pm,
            Ebolan says:

            You might want to consider joining a local taxpayer’s association. Or if there is none, create one.

            The saying “You can’t find city hall” is true most of the time but not all. I’ve worked with a couple of people who were able to defeat a couple of local tax increases.

            And even if you don’t win there’s no better feeling than exposing these bast@ard politicians and bureaucrats to the public and making the squirm.

          • On March 10, 2019 at 5:29 pm,
            Ebolan says:

            fight, not find! Dang, iPad!

        • On March 10, 2019 at 2:20 pm,
          Ebolan says:

          Where I live all the city councilor and county supervisor are not full-time jobs.

          Most of them don’t work in the private sector, for instance one of our city council members is city administrator for a town next door. Another one heads a non-profit whose funding mostly comes from gooberment grants.

          The ones who do work in the private sector typically are looking for favorable ordinances or other favorable treatment. Or they are “consultants” who go through the revolving door of gooberment and the private sector. So basically they are all crony-crapitalists trough feeders.

          • On March 10, 2019 at 9:39 pm,
            Whit says:

            Commiefornia, used to be productive,innovative, respectable, rich in reasources, parts of commiefornia still are, very small parts are holding on barely. So….. Ebo, Jerry, is commiefornia gonna save the day, I’m going out on a limb here so stay with me. What if, all the jack asses that keep voting these weirdos in one day thought, wow we need a change for the better, the state is a third world,broke, liberalism dieses.Maybe the rest of the country might look and think….. wow California is voting the mafia out…. we need to do the same….. its a long shot, Cali started this craziness, maybe it will help change it for the nation.😆

          • On March 11, 2019 at 4:39 am,
            OOTB Jerry says:

            Whit…….that is what you call OOTB thinking……….might work…. 🙂
            Or, we will put you up as AOC’s running mate…………… LOL

          • On March 11, 2019 at 12:27 pm,
            Big Al says:

            “Running mate” for which office, Jerry?

          • On March 11, 2019 at 6:28 am,
            Whit says:

            I could be inside informant….. report back to KER board members….. then take her hand walk her back to the right side…..☺

          • On March 11, 2019 at 7:45 am,
            OOTB Jerry says:


  26. On March 11, 2019 at 12:58 am,
    CFS says:

    AOC (Absolute Original Crazy) is now outed as a crook.


    (I find it difficult to believe I once lived in Yorktown Heights)

    • On March 11, 2019 at 12:47 pm,
      Big Al says:

      Just a continuum in the history of our country. Makes me sad, CFS

  27. On March 11, 2019 at 1:06 am,
    CFS says:
    • On March 11, 2019 at 12:46 pm,
      Big Al says:

      I just watched this. Are you surprised, Professor?

  28. On March 11, 2019 at 10:25 am,
    OOTB Jerry says:
    • On March 11, 2019 at 10:29 am,
      OOTB Jerry says:

      He can balance the budget…..get the $21 Trillion back from the Pentagon
      Defense spending increased by 4% to $750 billion
      Budget projects $200 billion increase in annual defense spending by 2029, including money for Space Force

      • On March 11, 2019 at 10:32 am,
        OOTB Jerry says:

        What is this one?
        Budget would establish a new Energy Star fee to raise $46 million in fiscal 2020, plus offsetting fees for chemical and oil facilities that could raise $20 million and $10 million

        • On March 11, 2019 at 10:35 am,
          OOTB Jerry says:

          If, he is going to put Medicaid back on the states, …..He need to do a FED INCOME TAX reduction…….
          Proposes major overhaul of Medicaid by turning more power over to states and cut $241 billion over 10 years

          • On March 11, 2019 at 10:40 am,
            OOTB Jerry says:

            Govt. plans to use facebook, to look for medicare and disability cheats…..

          • On March 11, 2019 at 10:54 am,
            Big Al says:

            Jerry, you are a great source of information. Thank you as I did not know this.

            All the best

          • On March 11, 2019 at 10:55 am,
            Big Al says:

            Morning Jerry, how do you feel about this. I have no opinion as I know nothing about it, but I will within the hour. Thank for the comment.

          • On March 11, 2019 at 11:27 am,
            OOTB Jerry says:

            Hello OWL……..sorry, I was away from my life line….(lol)..
            Thanks for the comment……appreciate…

          • On March 11, 2019 at 12:23 pm,
            Big Al says:

            Jerry, what exactly is your lifeline?

          • On March 11, 2019 at 11:41 am,
            OOTB Jerry says:

            California would be taking a big hit on the Medicare cost…..if, Trump turns Medicare back to the states…..Which might be better for all FLY OVER AMERICA…
            My thinking on this is….with all the illegals…..and passing of the illegals right to vote, they will run the rich crazy with taxation.

          • On March 11, 2019 at 12:16 pm,
            Big Al says:

            I am assuming that you mean the rich in California. If that is the case, and it would be, then Trump is very smart. You have to look at this issue and agree with me.

          • On March 11, 2019 at 11:43 am,
            OOTB Jerry says:

            Holly Wood and the Lakers…..can pay the bill……lol

          • On March 11, 2019 at 12:14 pm,
            Big Al says:

            I agree with your comment about Holly Wood, but what have you got against the Lakers?

          • On March 11, 2019 at 12:45 pm,
            OOTB Jerry says:

            Just using them as an example…..Just picked them because they seem to be in the news lately,,,and going down the tubes…..and they are in California and ….since, all the NBA,NFL players , are multi millionairs, and part of the circus act. “THE SHOW”

      • On March 11, 2019 at 11:04 am,
        Big Al says:

        If he pulls this off, he will go down as one of the initially most misunderstood presidents to the most amazing presidents.

        • On March 11, 2019 at 11:33 am,
          OOTB Jerry says:

          I keep going back and forth on the Donald…….I would like to believe him…but, He is only a man….and full of faults, like everyone.
          I am still holding my breath… But, he still better than the last four idiots we had.
          and a whole lot better than if the Hilly Beast would have taken over….That is in itself a blessing….jmo

          • On March 11, 2019 at 12:21 pm,
            Big Al says:

            I think that most of us would agree with you, Jerry.

            From all I can tell from the proposed budget, I would have to say that the President is drawing a line in the sand between us and the Democratic Socialists. My concern is that given the demographics of that particular electorate, I am not at all surprised at the increasing number of Americans supporting them. I just hope that their strength does not continue to grow.

          • On March 11, 2019 at 12:48 pm,
            OOTB Jerry says:

            Good Point on the….. LINE IN THE SAND