American Missive

BECKLEY — Today the Federal Reserve stated,  ”Long-term inflation expectations have remained stable, and measures of underlying inflation have been subdued.”  I define inflation as a general and progressive increase in prices.  I’m not sure what the Fed’s definition of inflation is but let me share a couple of charts: Continue Reading »

BECKLEY — I have not been writing as much as normal because I have been working on a side project.  I wanted to take a blog post though and share some information about this special project.  It is an investment newsletter that takes a lot of the ideas expressed here at American Missive and follows them to an end result – being investment selection.  I will continue to write articles here at American Missive as the political, social and economic issues of today weigh heavily on my investment selection process.  Continue Reading »

BECKLEY —  There is a family that earns about $100,000 annually.  They do pretty good for their size and live a nice life.  

There has been one problem.  This family spends more then they make and has been for quite some time they’ve accumulated about $670,000 in debt.  Furthermore, the husband has promised to take care of his parents, his wifes parents, and there grandparents (none of which has saved for their medical needs and income needs) this will probably cost around $5,000,000 which includes all their prespcriptions, the new gene therepy (extending their lives substantially), the heart surgery for his father, hip replacement for his wifes mother, and the cancer her father will get at 73.   Currently, they’re spending about $60,000 more then then they make and obviously not saving for any of these promises.   What should they do? Continue Reading »

BECKLEY — J.P. Morgan is now taking gold as collateral instead of the dollar because they realize how worthless it has become.  Meanwhile, Egypt’s current government is being overthrown because of food price spikes due to the crashing value of the dollar.   It’s kind of interesting to watch my country give a giant middle finger to the world.  Al Jeezera has an interesting take on solutions to the world food problem, “Move to a different country, revolt, or die.”   Of course, they didn’t point out the “unless your America option” which is just print more money and get shmucks like Egypt to trade us oil for those printed dollars or banks like J.P. Morgan to hold those worthless dollars as account collateral.  So to answer the question what does J.P. Morgan and Egypt both have in common, they realize the worthlessness of the greenback. 

BECKLEY — What investment hypothesis is right?

Investments will perform best when the world recognizes that we live in a supernatural world with moral absolutes in which man is fallen with a dualistic nature.   Because of this we exist as a community most effectively with a traditional family, church and state with the highest form of law as natural law and our ideal political state focusing on limited government with justice, order, and freedom as core principles.  Free market stewardship of property is integral to maintain economic prosperity within the sociological framework of traditional family, church and state. 

or

Investments will perform best when the world realizes we live in a purely natural/scientific world where morality is relevant to the needs of a time, place, and evolution.  The body and mind are one natural component and humans are able to self-actualize.  As mankind progress along its evolution the need for traditional sociological conventions will change.  The highest power writes the laws for societies needs at the time and for the situation.  Politically the highest achievement is liberalism and the march of mankind towards a self-actualized utopia.  Economically those in power should intervene to shape and evolve the progress of mankind for the benefit of all.

BECKLEY —  Are you up for a good read? “The Example” by Chuck at Head Muscle is a very enjoyable short story about a Texas small business owner and his struggles against an ever growing and intrusive federal government.  This eight part story is full of great moments, story twists, and a great ending. 

• The Example I
• The Example II
• The Example III
• The Example IV
• The Example V
• The Example VI
• The Example VII
• The Example Final Chapter

BECKLEY — Ok, Obama’s State of the Union.  I haven’t watched it yet, but this puts me with the large and increasing majority of American’s who, I guess, just don’t care what this guy has to say.  Why? Watch it and see if their is anything meaninful there.  I don’t have to watch it to know.  This one quote in all the press sums up Obama’s posistion on virtually everything.  “We will move forward together, or not at all.”   How’s that for cooperation?  Granted Obama has done absolutly nothing for unemployement, our GDP is going nowhere fast, our monetary situation is still horrible, and the dollar is about as strong as a pile of dirt.  This is what Obama considers forward movement and cooperation.   A sane person would choose the “not at all” for those lemmings out their get in line and start your forward marching.

“We will move forward together, or not at all.”