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Archive for October, 2008



Peter Schiff: Stop paying your mortgage - use the money to buy gold and food (and other interesting tidbits)

Published on October 15, 2008

Last year, I read Peter Schiff’s book Crash Proof - a book I highly recommend. I thought his assessment of where America was heading at the time was right on. Fast forward one year. Guess what. He was right. Now the talking heads at CNBC who called him a “doomsayer” won’t have him on. Imagine [...]


“A government big enough to give you everything you want is big enough to take everything you’ve got.”

Published on October 13, 2008

I just read this quote in An Enemy Hath Done This. Its attributed to a Tom Anderson. I have no idea who Tom Anderson is but this is brilliant and timely:
“As American business men you must stand up and be counted - else you’ll be counted out…the middle of the road between the extremes of [...]


Jack Dorsey, Twitter’s CEO, responds to my blog post.

Published on

Jack Dorsey just responded to this post:
“Thanks for the write-up and revenue ideas. We have a lot of ideas around revenue and feel the best ones emerge from the network itself. We’ve come across a few of those and are working diligently to make them a reality. As with anything though, these models only make [...]


Congress nationalizes the toy industry

Published on

…and launches a new line of educational toys:


How Twitter could become a real business (and why they won’t do it)

Published on October 12, 2008

A buddy just sent me this article from Mr. “Fake Steve Jobs” - Dan Lyons - on the death of Web two dot over (as he called it). Welcome to the party Dan. I’ve been saying this for years (here’s my latest post). Real journalism can get tricky when you have to also manage your [...]


“The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, and love of soft living and the get-rich-quick theory of life.”

Published on October 11, 2008

The following are excerpts from a speech given by a great American. Can you guess who said the following words and when he spoke them?
“We live in a time of crisis. Never since the period of the Civil War has this nation faced such critical days. Americans are destroying America.
No people can maintain freedom [...]


What’s a “wasted vote”?

Published on October 10, 2008

Please consider these thoughts from Chuck Baldwin on wasting your vote:
“…a wasted vote is a vote for someone you know does not represent your own beliefs and principles. A wasted vote is a vote for someone you know will not lead the country in the way it should go. A wasted vote is a vote [...]


I would have given my firstborn to be in this meeting

Published on

Venture Beat is reporting on a meeting held by the boys at Sequoia Capital (yes, the guys who backed Microsoft, Yahoo! and Google to name a few) on the current state of tech start ups and what the economic implosion means for venture backed companies. Here’s the summary:

We’re in for a deep and long recession [...]


Friday round up - what now?

Published on

Several weeks ago I stated:
“In October the stock market will crash as the truth about what has happened comes more fully to light. My guess is that it will come in the first or second full week of the month. The effects of this crash will not be felt in full until the late winter [...]


Jim Rogers nails it

Published on

From CNBC:
Markets do not trust the governments’ plans to keep struggling banks alive and investors will only calm down when the companies with bad assets are allowed to go bankrupt, legendary investor Jim Rogers, CEO of Rogers Holdings, told CNBC on Friday.
“The way to solve this problem is to let people go bankrupt,” Rogers said.
“Then [...]




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