"The fox knows many things, but the hedgehog knows one big thing."


Glenn Reynolds:

Barack Obama:
"Impossible to transcend."

Albert A. Gore, Jr.:
"An incontinent brute."

Rev. Jeremiah Wright:
"God damn the Gentleman Farmer."

Friends of GF's Sons:
"Is that really your dad?"

Kickball Girl:
"Keeping 'em alive until 7:45."

Hired Hand:
"I think . . . we forgot the pheasant."

I'm an
Alcoholic Yeti
in the
TTLB Ecosystem

Thursday, August 25, 2011

Creative Investments

On Feb. 17, 2009 — the day Obama signed into law his $787 billion stimulus bill — gold was selling at $970 an ounce. For a mere $600 billion, we could have bought two ounces of gold for every man, woman and child in America, and the value of that investment would today be more than $1 trillion, or $3,514 per capita, a net gain of 81 percent.


Comments on "Creative Investments"


Anonymous The Old Timer said ... (7:17 PM) : 

Yes, but if the Government had just bought gold for everyone, there would have been no economic stimulus and unemployment would still be stuck at 9 percent. Oh, wait. Never mind.


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