Mad Money Machine

by Paul Douglas Boyer

MMM-121: Everything Is Fine

Quotes from the Depression. Dollar coin? More IRS snooping. Rothbard. Rockwell. 4th branch of government? iPhone waste. Gold standard? Total World Stock Index Fund. Check your bank. Walker: Everything is not fine.

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  MMM-121 Topics in this week’s show include:         

  • Quotes from the Depression
  • It would be tough being a financial advisor these days, wouldn’t it?
  • Dallas News says Americans won’t give up their paper dollar in favor of a dollar coin.
  • Wall St. Journal says we need to get more Vitamin D and the sun is a good place to get it.
  • Housing relief bill passed. Included deep in it is a provision to have the IRS snoop into credit card transactions.
  • Scott emails to say the best paper he’s read on banking is “The Mystery of Banking” by Rothbard. Google for it.
  • Please subscribe to Lew Rockwell’s podcast. Collect ’em all!
  • How about a 4th branch of government? This one simply a up or down vote over the Internet of “Is It Constitutional?”
  • Michael emails about the waste of lining up to buy an iPhone. He also wonders what a “Cramer Contrarian Fund” might look like.
  • Richard emails about The Fed and a gold standard.
  • Learning Earning: A Silent Partners Quiz.
  • Chip emails to say WSJ print is only $10 more if you subscribe to the online.
  • Frank emails to ask how much international exposure we should have. I suggest looking at Vanguard’s Total World Stock Index (VTWSX) or the equivalent ETF (VT).
  • Tools for checking up on your bank:
  • Pandora for the iPhone is amazing.
  • Our Guru is David M. Walker. Watch one his videos! Also be on the lookout for the movie and book I.O.U.S.A. I say, “Who cares? The Chinese are paying for it all anyway!”
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    Music from music.podshow.com:
    ALTA PLAZA – XRAY DOGS
    Money Control – Voide
    Runaway Train – Under Feather

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    Fri, July 25 2008 » Podcasts