A guy who has made his bones in the commodity business, Jim Rogers, is worried. He doesn't think we're necessarily on the road to a Mad Max world, but, then again, he isn't sure we're not.
Jim stares at $3.15 gasoline, $4.35 copper, and $6.40 corn and says the prices will go much higher. Maybe by enough to make us think a little more seriously about governments falling and street riots by the hungry.
Some governments and some politicians might respond by blaming speculators for rising prices. He used the example of how exchanges in India will sometimes be forced to shut to cool down rising commodity prices. “But every time it happens, prices go higher and higher. That’s the reaction of a simple-minded politician,” he said.
(If "simple-minded politician" is hate speech designed to move some loon to start shooting, well, I sure do apologize. And imagine how the Left would get after us if we proposed that our money be backed by something more glittery than an Obama turn of phrase.)
Jan 13, 2011
Lucky John Wayne
Just warming up my morning, here, folks. The weather also requires wolverine fur, mukluks, and a certain ration of uisge beatha
Iowa top cop: Law, schmaw
It's no longer news that Iowa has has just become a shall-issue CCW state. A little less known is a Dec. 29 letter from Iowa Attorney General Tom Miller, D, telling local officials they have authority to forbid firearms on local public property. Two things stand out.
(1) -- Miller's letter shunts aside a broad state pre-emption statute and advises local officials to get around it by using criminal trespass laws to prosecute a CCW holder paying his property tax over at the court house. That, in turn, conflicts with another law exempting public property from criminal trespass laws.
(2) -- The Miller letter cites a single legal precedent for his opinion, a similar 2003 letter written by Iowa Attorney General Tom Miller.
Down in Sioux City (Woodbury County), they're not quite buying it yet. Yesterday the supervisors defeated a motion to ban CCW holders from carrying on public property. The news could be better. The vote was 3-2 against the ban, but at least one of the supers said he might change his mind if someone could offer a better means of enforcement. That's a coded message meaning country taxpayers should fork over a little more for metal detectors at court house doors.
(1) -- Miller's letter shunts aside a broad state pre-emption statute and advises local officials to get around it by using criminal trespass laws to prosecute a CCW holder paying his property tax over at the court house. That, in turn, conflicts with another law exempting public property from criminal trespass laws.
(2) -- The Miller letter cites a single legal precedent for his opinion, a similar 2003 letter written by Iowa Attorney General Tom Miller.
Down in Sioux City (Woodbury County), they're not quite buying it yet. Yesterday the supervisors defeated a motion to ban CCW holders from carrying on public property. The news could be better. The vote was 3-2 against the ban, but at least one of the supers said he might change his mind if someone could offer a better means of enforcement. That's a coded message meaning country taxpayers should fork over a little more for metal detectors at court house doors.
Jan 12, 2011
About time someone in the MSM said it
Congresswoman McCarthy notwithstanding, this fellow thinks a rape of the 2nd Amendment doesn't look too likely in the near futue.
Democrats have been so spooked by the issue, party members and gun-control advocates say, that few are willing to push hard for tougher laws. Several days after the Giffords shooting, Democratic leaders in Congress have yet to weigh in, and President Barack Obama has also been silent ahead of his arrival in Tucson.
We'll soon be seeing polls claiming public opinion favors tighter laws, especially on the "high-cap" issue. That spike will flatten quickly.
Democrats have been so spooked by the issue, party members and gun-control advocates say, that few are willing to push hard for tougher laws. Several days after the Giffords shooting, Democratic leaders in Congress have yet to weigh in, and President Barack Obama has also been silent ahead of his arrival in Tucson.
We'll soon be seeing polls claiming public opinion favors tighter laws, especially on the "high-cap" issue. That spike will flatten quickly.
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