Thursday, March 3, 2022

Inflationary Changes Are Now Unstoppable

     Warren Buffett said at his recent annual meeting:  "We're seeing very substantial inflation. I mean, we're raising prices. People are raising prices to us. And it's being accepted. The costs are just up. up, up, ... it's almost a buying frenzy. There's more inflation going on ... quite a bit more inflation going on than people would have anticipated."

     Billionaire investor Stanley Druckenmiller says: His main investment thesis right now is that inflation will be much higher than the 'experts' think. My overriding theme is inflation relative to what the policymakers think ... basically the play is inflation."

     Billionaire Paul Tudor Jones has said: "We are witnessing the Great Monetary Inflation - an unprecedented expansion of every form of money unlike anything the developed world has ever seen. The idea that inflation is transitory, to me ... that one just doesn't work the way I see the world."

    Billionaire investor Bill Ackman, when asked recently about inflation, said: "First of all, it's hard to roll back wages once you roll them up." - Dr. D. Eifrig M.D., MBA

Inflation and Currency Devaluation

    "Inflation and currency devaluation is not a threat ... it's the government policy from this point forward! What matters isn't how this has all happened; what matters is what these policies will inevitably lead to. Sooner than most people think, inflation will push millions of Americans down ... out of the middle-class ... out of private retirement and private health care and out of a decent life based on independence and privacy into a collectivist nightmare. Going forward everything you do will be governed ... everything will be more controlled more and more by the state. More welfare and eventually Universal Basic Income, Medicare for All, "Free" college. More debt and more debt forgiveness for a select group of individuals and corporations.

     There will be more 'income security' handouts ... We'll see price controls, much higher taxes, more and more Americans not actually working. As we move forward, shortages for everything will continue and will only escalate. More government weakens everything, and pushes us more into debt. We are rapidly accelerating into this new phase now. Of course politicians love it. They will have more say and more power." - Dr. D. Eifrig M.D., MBA

Thursday, February 24, 2022

Volkswagen

      Volkswagen (VW) was founded by the Nazis on May 28, 1937, as part of Adolf Hitler's vision to enable every German family to own their own car. Originally operated by the German Labor Front, Volkswagen exploited more than 15,000 slave laborers from nearby concentration camps. In 1944, one VW plant engineer traveled to Auschwitz to select 300 skilled Jewish metalworkers to make military vehicles for the reich. 

      As World War II was ending, Volkswagen sent two representatives - Drs. Ellenmayer and Kardos - to meet S.S. Obergruppenfuhrer Dr. Scheid and other Nazi industrialists to plan for Germany's economic recovery after Hitler's ultimate defeat. Allied spies found out about this plan to rebuild the Nazi empire, yet American policymakers still decided to make Volkswagen the focus of their effort to resuscitate the German auto industry. VW remains a mammoth company to this day, and it retains considerable clout with the German government. - J. Michels

Tuesday, December 28, 2021

Dealing With The IRS

     Roscoe Eggar, former IRS commissioner admitted in 1986 that 35 million Americans refused to file tax returns.  Most didn't file because there is no Statute in the Code that makes wage earners liable for income tax; and when you file, you are waiving your 5th Amendment Protected Rights. It has been proven that you or your employer should never ask questions of the IRS over the phone. Always get everything in writing, signed by an agent.  Preprinted or computerized signatures are not acceptable.  Agents may - possibly unknowingly -mislead you by saying 'It's in the code.' Any demands/presentations must be responded to in writing and registered within ten business days.  Phone calls are not admissible proof of evidence. After that period, assessment begins if no denial is received. If you don't know your rights the IRS will not point them out to you. - D. Morgan

Liberty

      "We shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe to assure the survival of liberty." - President John F. Kennedy

Saturday, December 18, 2021

Book Review: A Very Murderous Christmas

     The Christmas season is one of comfort and joy, sparkling lights and steam rising from cups of mulled wine at frosty carol services. A season of goodwill to all men, as families and friends come together to forget their differences and celebrate the year together. Unless, of course, you happen to be harbouring a grudge. Or hiding a guilty secret. Or you want something so much you just have to have it - whatever the cost. In A Very Murderous Christmas, ten of the best classic crime writers come together to unleash festive havoc, with murder, mayhem and twists aplenty. Following Murder on Christmas Eve and Murder under the Christmas Tree, this is the perfect accompaniment to a mince pie and a roaring fire. Just make sure you're really, truly alone ... - John Dickson Carr; 234 pages.