Today I listened to someone discuss "quantitative easing", the printing, printing, printing of money with no backing. Causes big time inflation eventually, like happened in the late 70's. Anyway, now where the overwhelming bulk of the unbacked money is going, is into the stock market, and that's why we seem to be hitting new records almost daily it seems. Folks, especially folks at the upper scale that are big into stocks are...paper rich, for now. On the lower end, something near 50% of our nation is on welfare in one form or another, even if only food stamps. The folks in the middle, the shrinking Middle Class are getting crushed. One has to ask themselves who is it whom it is that has the Fed printing presses working overtime to churn out backless money at the same time is promising welfare to anyone whom wants it, legal citizen or not, and the same time recently promised to look out for...the Middle Class. It would be comical, but it can't be.
Do like Warren Buffet did to get his start. In the late '70's when my country almost went under, the stock market nearly collapsed, and business after business either collapsed or its value went to nothing, that's where Buffet made his real money. He bought them up, invested when they could be had for nothing or next to nothing, then waited for the economy to turn around, gain value. If you can afford it...
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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