Thursday, March 1, 2012

Bling is bling: from hood ornaments to grills.

I remember people used to steal hood ornaments back in the 90's and wear them as charms on chains. I grew up (pardon the pun) hood (in the suburbs), what can I say. In the last five to ten years I have seen the same hip-hop culture buying gold or silver "grills" for their mouth. Now it appears its has come full circle. The grill has replaced the hood ornament and for actually two reasons. First, car company's caught on and ended that trend by stopping the production of them. Secondly, gold is valuable. Not just more valuable then a hood ornament but more valuable then dollars... so they are shrewd investors, these kids nowadays.

In August of 1971, President Nixon ended Bretton Woods effectively floating our Dollar and subsequently making the dollar the reserve currency of the world, having no longer having to be exchanged for gold. When Bretton Woods ended, one ounce of gold was equal to $35 dollars. Today, gold (even taking a substantial hit) closed at $1,696 dollars. That $35 Dollars? Is worth still $35 nominally, but real purchasing power?

If I used the latest CPI from the U.S. Bureau of Labor and Statistic, that same $35 dollars would buy you $6 dollars worth of goods today. That is an 82% loss of purchasing power. At the same time, gold has lapped its initial value (in 1971) 48 times. Is there any wonder why people are clamoring to invest in precious medals? Here is a chart of gold in the last 10 years:


So it should not come to a shock when you see stories like this:

Colorado undertaker accused of stealing dental gold from corpses


 

 

 

Tuesday, February 28, 2012

Iran and Santorum, more in common then you might think.


Its 1391 in Iran, you best pass on that grass; if you want to save your ass. It is literally 1391 according to Iran’s calendar, and here I thought I was always a contrarian? Back in 76' when we were celebrating our bi-centennial the last Shah of Iran (see 1953 US led coup) flipped the calendar from 1355 to 2535... overnight! The Persians, well, they apparently take contrarianism to another level. Obviously the irony of that difference in centuries isn’t lost on me when I seen this headline in the Washington Post last night:


My first thought was “well, Iran is trying to reduce gasoline usage” but I figured that was even too drastic for this regime… but not too far off. As I read I was surprised to learn that:


1.       The executions are in public for everyone to see.
2.       About 80 percent of the executions involved drug offenses and many were minors. 
3.       Iran’s Penal Code make demonstrations, public debate and the formation of groups   deemed a threat to ‘national security’ punishable by prison or death


What jumped off the page was that drug offenses are the overwhelming majority of the executions. But that doesnt touch the ludicrous notion of sentencing minors to death, i mean wow. I would continue but I think there isn’t much else to be said. Public debate is one of the many offenses that could be cause for a stoning or hanging… writing this blog and you reading it could be two acts that were punishable by death. Does this not seem like something taken out of the dark ages?? Circa 1391??

It makes sense though. Drugs and public debate (both offenses) would open up some eyes resulting in a formation of groups (also an offense) of like minded “awoken” people and before you know it, national security would be threatened. You would have yourselves another Arab spring uprising. While I don’t agree, I can see the Iranians reasoning. Had anyone have the insight and organization it would end that theocracy resulting in public executions of the publicly “elected” leaders. Basically, its a little C.Y.O.A. 

This had me thinking about our nation and it dawned on me that some people would prefer a government that blends their faith here in the states. Take Slick Rick, Santorum actually said this week he doesn't believe in the "absolute separation of church and state". While some might rationalize this or explain it the bottom line is any type of religious beliefs should always be excluded because religion isn't exactly inclusive. Its been the basis for a few conflicts over time. You will always have people that will become disenfranchised and government cannot be in the business of playing favorites or picking winners (hahaha). 

The overwhelming majority of Muslims are peaceful souls, but there is a small percentage of them and a high percentage of them running entire nations that use pieces of the Koran to justify horrendous acts. There is also rouge groups of men that use the Koran to endorse and carry out terrorist acts. Now, superimpose that here if we didn't have the separation of church and state or if we started chipping way at that now. 

The overwhelming majority of Christians are peaceful souls but there is that 800 lb crazy book in the room like the Muslim version, but older... and with a sequel starring a pretty cool hippie with a sandals. Being Slick Rick is Christian; have you ever read Deuteronomy or Exodus? Imagine if someone started bringing those books to capital hill for show n tell? Gee, i hope they wouldn't pick out the parts concerning the murder of unbelievers (yikes).  Praise God, we have the separation of church and state.

<---- Notice where faith ranks in the order????

Sunday, February 26, 2012

Slick Rick returns

What does Rick Santorum have in common with Tony Raines; besides both having no shot to win (I couldn't find any on Pinny or 5dimes for Raines) in their respective races… both are involved with the Daytona 500 this weekend. Slick Rick has purchased a ride on the hood of Tony Raines #26 car in hopes for a little recognition. I guess when you are having trouble piecing together campaign money; a good bang for your buck strategy would be to spend a little precious cake on the hood of a car that has no shot in hell to win the race. Who the hell is his campaign manager? HR Pufnstuf? Maybe, he is hoping for a crash? Wouldn’t that be ironic? Santorums sponsored ride crashing much like his presidential hopes will be when people finally start to understand this sociopath.

This poor guy will be the butt of many jokes this week and maybe that’s a good thing for Santorum. Other then religious zealots and some backwards Tea Partiers who obviously don’t grasp the economic aspect (the only aspect) of the Tea Party, Santorum is a laughing stock. A little time away from some of the monologues each night might not be a bad thing? Slick Rick is a guy who wants to grab the wheel from Tony Raines clutches and bring our country back to the century it was invented in. So, in reality it’s actually a good move made by Santorum to side up with some fly by night driver with no chance like himself. It shows he at least has a sense of humor.

Photo taken from The Hill.com