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Smack MacDougal
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Laffs City. Laugh Now.
Laffs City. Laugh Now.
laffscity.tumblr.com
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ME AND MY AEREO
I grew up in the era when broadcast TV came to my TV free. If the rabbit ears style telescoping antenna that came with my TV couldn't pick up signals, then an antenna attached to the chimney would do the job.+ Today, about two-thirds of Americans stupidly p...
ME AND MY AEREO | Bizarro Theater
ME AND MY AEREO | Bizarro Theater
bizarrotheater.blogspot.com
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THE PROPERTY-DESTROYING VIOLENCE OF NET METERING
Today, in Forbes, Tim Worstall typed a piece advocating an end to net metering . Worstall supports the silly, faux argument that solar consumers "don’t pay to maintain the power grid." Worse, Worstall dresses that silly argument in the fallacy of appeal to ...
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THE GREEDY ARE THE ONLY PROBLEM THE WHOLE EARTH OVER
Everyone is free to read these facts that I present, facts interconnected in accuracy and defensible through bulletproof logic.  Those who accept these 15 points understand adult life and much of what adult life entails — power, politics, property, property...
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WHAT ELSE BESIDES THE S&P 500 AND GOLD SINCE MARCH 9, 2009?
On March 9, 2009, the S&P 500 hit a bear market low of $676.53. When the S&P 500 rises, there are some sectors that comprise the S&P 500, which rise faster than the S&P 500 itself.  Likely, it's too late to capture the big percentage run ups as seen in thes...
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GOLD. YAY OR NAY?
Since gold doesn't pay a dividend nor coupon, it is not investment. No one can buy gold low for yield. Thus, gold is a speculation play, a bet on a forthcoming price rise high enough to beat alternatives. As a speculation play, you need to ask yourself whic...
GOLD. YAY OR NAY? | Bizarro Theater
GOLD. YAY OR NAY? | Bizarro Theater
bizarrotheater.blogspot.com
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REAPING DAY APPROACHES. THE REAPER COMES TO REAP YOU. ANOTHER TAX DAY IN AMERICA COMES.
Income tax on wages is an ongoing sales tax on the product of capital of any wage earner. Said another way, income tax is a series of sales tax levies on wealth traded between wage earner and employer. Income taxes levied on work sold means that you, the wo...
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MIKE "MISH" SHEDLOCK VS ROBERT SHILLER, THE SHILL; ALSO, THE REALITY OF PROFIT, PROSPERITY, DOOM, AND CRISES
Today in Mishland, Mike puts up a chart made at Fred revealing the average weekly hours worked by line workers and clerks hired at manufacturers . Ph.D. economist Robert Shiller who works at Ivy League Yale believes the average work week in manufacturing is...
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SAVINGS EQUALS INVESTMENT? OH THAT CROCKERY FROM ACADEMIA ECONOMICS
If the savings identity were true, then there would be perfect correspondence with these curves. As I wrote in,  MIKE "MISH" SHEDLOCK vs MICHAEL PETTIS, OR THE UNREALITY OF SAVINGS, INCOME INEQUALITY AND ECONOMICS ,  savings is mere rhetoric.  People don't ...
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BITCOIN IS SOFTWARE PROTECTED BY COPYRIGHT. BITCOIN IS NOT LEGAL TENDER CASH.
Today, Mish reports the IRS has ruled Bitcoin as "property and not a currency." Bitcoin is software. The law which governs property in software is copyright. In essence, Bitcoin is no different than musical works of the Beatles, which is the right way to lo...
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