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146 Comments

  1. Hello Catherine:
    I am meeting with Representative Don De Santis Florida 9th District on Thursday Oct. 26. I will deliver a copy of the 2nd Quarter Wrap Up – Support the Constitute or Kiss you Money Good bye.
    Working local…
    Katie in Florida

    1. That is beautiful. If you can find one without the Pope will post at the top. The music post has to be about music, not politics!

      1. Agreed. I prayed that the music whisked satan out of his soul….

        If it exists I will send it to you.

  2. The Bitcoin legal opinion was interesting. Of course since nothing is settled I still expect the IRS to declare cryptos somehow a “collectable”, just like collector coins, so as to extract the max tax -what is it now 40%?

    If I had any I would sell enough to recoup initial investment and pay taxes, while letting the rest grow till one couldn’t stand it anymore.

    Funny thing, Clif High warned eventually government would force bitcoin holders to sell to government only because bitcoin was so valuable and used to settle nation’s balance of trade positions.

  3. Just thinking out loud

    After 8 years of Bush Jr. sleeping with Punxsutawney Phil and not saying a word with the exception of telling the public he is now a painter he does a smackdown on President Trump saying “Nationalism distorted into nativism”

    The next day President Trump orders release of the JFK files.

    Connection?

  4. Catherine…………….I was most interested in your comments about the California fires. I live in southern California, and while there is much news coverage on a daily basis about the fires; not EVER has it been mentioned why anyone thinks they were started,.. by whom, or any such conversation. Northern California is much greener than we are (I live in the desert), rains much, and USED to grow much more than our part of the state. I have watched our date orchards, and citrus trees go to waste out here; as the children do not want to farm when their parents pass away and leave them the land. They sell quickly to developers, or buy into the latest trend…..marijuana farms. The drug cartels have discovered that they can come in, and strong arm the owners of the land growing marijuana to allow them (the cartels) to go into business with them. We are only 2 hours from the Mexican border, and our crime concerning the drug trade has gone through the roof. I purchased a lemon today and it was 79 cents. I would rather have the fruit trees back than the problems we now have.
    Since we have become a Sanctuary State, this situation may be happening everywhere. We used to produce 69 percent of the salad greens in the US. Now most of what we see in the stores comes from elsewhere, and a lot from Mexico. Everyone seems to be wanting to get in the drug trade, and I fear they do not understand what this is producing.
    Thank you for bringing this question out! What is the reason behind these fires? It is not a natural happening, indeed!

    1. Lauran:

      In Money & Markets I described the reasons things like this happen and what patterns to look for. I also posted a recent discussion by Elana Freeland about the fires which I recommend.

    1. One theory is that autism is encouraged and created to access savants and a variety of special talents.

        1. I believe that part of ISIS is testing out super soldiers. One of the reasons they are covered is because physical characteristics of some do not match Middle East.

          1. If I am right, it is one of the reasons that Putin is concerned – and one of the reasons their focus has been on aerial response on the Syrian front.

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