Mike's Daily Comment

Somewhere Between Ridiculed & Violently Opposed

Truth passes through 3 stages, the first two above, the 3rd is accepted as self evident. The issue is a loss of between 1 1/2 and 71/2 million jobs to technological substitution according to a new report. Meanwhile the political establishment shows no sign of understanding the implications nor the areas most at risk. No wonder they aren’t taking any action(s) to address this massive disruption.

…also from Michael: The Latest From The Anti-Capitalist Crowd

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Quote of the Week: Superb Description of the Elite Class

The author of one of the “smartest 75 books known” gives us a quote that beams the light of truth on a social issue we are all struggling with. Well worth a listen.

 

…also: Huge Moves – US Dollar Hits 13 Year High

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Castro Made A Fortune While Cubans Suffered

All the talk about Castro helping Cubans is utter horse manure as the thousands who risked their lives to escape his regime testify. While Cuban’s had their food rationed while living under fear of imprisonment or worse – Castro himself amassed a personal fortune estimated to be over $1 billion. Castro, his family and government insiders were the only people to benefit from socialism. 

…related from Michael: The Latest From The Anti-Capitalist Crowd

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Huge Moves – US Dollar Hits 13 Year High

The US dollar is up 10% since May when the Canadian Dollar made it high for the year. Victor on the huge moves in the currency markets, Gold, Stocks and interest rates and the 28% move in Copper in the last 5 weeks.

….also from Michael & Ozzie: The Hottest Properties Right Now

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The Real Numbers From StatsCan On The Wealthy

One of the really big numbers is that only 10.3% of income went to to top 1% and they pay 20.5% of all income taxes. Other numbers are surprisingly different than what many expect.

…also Michael interviews his featured guest: Up Down or Sideways?

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