Societies that herd livestock in rugged terrain tend to develop a “culture of honor.”

Anthropologists have long noted that societies that herd livestock in rugged terrain tend to develop a “culture of honor.” Since their wealth has feet and can be stolen in an eye blink, they are forced to deter rustlers by cultivating a hair-trigger for violent retaliation against any trespass or insult that probes their resolve. Farmers can afford to be less belligerent because it is harder to steal their land out from under them, particularly in territories within the reach of law enforcement.

Jobs Shortage and Retired Shortage

Jobs Shortage and Retired Shortage

There is a Jobs Shortage in nasty jobs.

Characteristics of nasty jobs:

Three-Week Shifts of 12 hours a day

Temporary jobs

Hardworking jobs

Commodity business

There is a Retired Shortage in fancy people

Characteristics of retired fancy people:

Their financial adviser sends them about

$6,000 a month, generated from their investments.

They also collect Social Security and small pensions.

An example of the logical conundrum between quality service and free service:

Some European businesses prefer to use U.S. forecasts

because they are free, while some U.S. businesses

spend large sums for European forecasts because they

are better.

The artificial money

The artificial money, prompting low interest rates, is not being utilized because people are still in the process of repairing their balance sheets. The artificial excesses are simply being circulated through loans from institution to institution to produce artificial gains that amount to more money with nothing to back it up.

At the same time the government is running trillion-dollar annual deficits

When the Fed must, in Chairman Ben Bernanke's words, begin "removing liquidity," by selling bonds, the external debt of the federal government will rise and the Treasury will then have to pay interest on that debt to the public. Selling a trillion dollars of Treasury bonds on the market—at the same time the government is running trillion-dollar annual deficits—will drive up interest rates, crowd out private-sector borrowers and impede the recovery. Debt-service costs to the Treasury will spiral as every 1% increase in federal borrowing costs add $100 billion to the annual budget deficit.

Freedom and security never walk together.

Freedom and security never walk together.

Protection has always liberty restrictions.

Economic security with economic self-determination is a fantasy

Printing money to gamble with derivatives indexes

Printing money to gamble with derivatives indexes focused on investment-grade and junk-bond corporate debts is a smart way to transfer money from tax-payers to financial institutions.

Interesting, successful people rarely lead orderly, linear lives.

Read obituaries. They are just like biographies, only shorter. They remind us that interesting, successful people rarely lead orderly, linear lives.