Home

Content about writer

09.09.09
The Business Model: How the Fed got us in this mess

In a recent article in The Sovereign Society’s Offshore Letter, guest writer Chuck Dolce equated the practices of the Federal Reserve, our central bank, to those of The Godfather, Vito Corleone, whom he quoted, “Give this job to Clemenza. I want reliable people, people who aren't going to be carried away. I mean, we're not murderers, in spite of what this undertaker thinks...” - Vito Corleone. It is Dolce’s contention that our banking system operated much like Mafia loan-sharking.

09.09.09
The Business Model: How the Fed got us in this mess

In a recent article in The Sovereign Society’s Offshore Letter, guest writer Chuck Dolce equated the practices of the Federal Reserve, our central bank, to those of The Godfather, Vito Corleone, whom he quoted, “Give this job to Clemenza. I want reliable people, people who aren't going to be carried away. I mean, we're not murderers, in spite of what this undertaker thinks...” - Vito Corleone. It is Dolce’s contention that our banking system operated much like Mafia loan-sharking.

09.02.09
Bad News Isn’t Always Bad

Shrinking Social Security Payments May Herald Economic Turnaround

A recent article in the Sovereign Individual newsletter commented on an Associated Press headline, “Millions face shrinking Social Security payments.” The SI editor went on to say that this news, though misstated, is exactly the news economic prognosticators should want to hear because it heralds the restoration of government fiscal prudence. The contention is that there will be no cost-of-living increases for SSI recipients because the Consumer Price Index is down. The CPI is the indicator to which SSI COLA is tied. This actually means “deflation” not inflation . . . a good sign.