The Daschle nomination buys the farm - good, he's a sleazeball. I suppose one should not be surprised that one of the rich & powerful ruling class - who is so insistent on taxing the common man - turns out to evade taxes of large sums.
Gold is over $900 again and I read that Americans are paying premiums to buy Kreugerrands. That gets an "F". Don't do it. Wait. I still have plenty of gold, having re-bought some via GLD on the stock market around $750 in a retirement account to save taxes. I'd buy more on a pullback to the long term trend line.
This is a short post as I had to clear some snow for Mrs. B early this morning, and take out the trash and some donations. More snow clearing to come this afternoon.
Word of the Day
"Affray" - noun [$10] and verb, transitive (archaic) [$10] from the files
Affray means (noun) a noisy quarrel or brawl; (verb) to frighten or to disturb as in affray the peace.
Sentence: The metaphor of hedge funds in continual affray in the markets fits quite well. They even affray the common man by causing wild swings in stock prices.
Le Mot Du Jour
«Éclatant, e» - adjective
Éclatant means 1. bright, brilliant; 2. glaring, radiant; 3. dazzling, shattering; 4. loud ringing.
La Prase: L'administration éclatante d'Obama a foiré quand il a nommé Tom Daschle.
English Sentence: The dazzling administration of Obama slipped up when he nominated Tom Daschle.