Mike's Daily Comment

A Major Feature of Deficit Spending…

….is that it allows both taxpayers and government to avoid responsibility for wasteful spending. Imagine how different it would be if you got a personal bill for your share of the 900% overspent on re-fitting submarines. There is one place where citizens are getting billed though, and it is not pretty!

….also from Michael: The Latest Version of “There is No Free Lunch”

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The Latest Version of “There is No Free Lunch”

Citizens are wary of Government spending so governments everywhere are calling spending “investment”. Suggesting that there will be a return on spending. A look at Ontario’s electricity rates puts paid to that idea.

….also Michael’s Featured Guest: “You Won’t Believe What Our Top Oil Analyst Says Is Coming Next”

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“New Meaning of the Word SPIDERMAN”

This is the grossest creepiest shocking stat ever. The appropriate response is Yuk …. just after a little shriek. For more commentary go to http://moneytalks.net

…also Michael’s Featured Guest: “You Won’t Believe What Our Top Oil Analyst Says Is Coming Next”

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“You Won’t Believe What Our Top Oil Analyst Says Is Coming Next”

Josef Schacter called oil decline from over $100. Then called the recovery and made our listeners and World Outlook Conference attendees big money. What til you hear what he says is coming next.

….also from Michael: A New Definition of the Free Market

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A New Definition of the Free Market

Prime Minister Trudeau combines government handouts, taxpayer dollars and corporate layoffs and large executive bonuses and salaries into this week’s quote of the week.

…also from Michael: There Are No Warren Buffets In Government

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