“Soft despotism is a term coined by Alexis de Tocqueville describing the state into which a country overrun by "a network of small complicated rules" might degrade. Soft despotism is different from despotism (also called 'hard despotism') in the sense that it is not obvious to the people."

Tuesday, November 10, 2009

Would you pay $50 for an ounce of gold?


  1. Melody Darling, would'st thou be so mercy kind

    As to enpicture thy golden self amore?

    Thy sweet image wanneth dim and counterfeit within my mind

    Do this and thou shalt bended find

    Thy knight akneeling, who

    Were roles reversed

    Should be thy slavish whore.

  2. A friend of mine felt as if she had paid through the nose to unload gold coins.

    This video drives home the point that gold coins aren't as liguid as silver or paper currency (at least on the street.) You will pay a premium to sell gold coins and some dealers can only handle x amount per day.

  3. We're buying Maui Real Estate.
    Actual market here is a lot worse than it looks like in public.
    ...long term loan for the kid to pay off with worthless dollars.
    ...I figure.
    Reality will become whatever it becomes, of course.

  4. 106. Lifeofthemind:

    Old Salt,
    Funny you mentioned that. When my less than stellar LPO brought the sailor in question to my stateroom he introduced him by saying “Mr Y wants to talk to you about something called Bottom Blow.” Another candidate for the Boatswains Mate Diplomatic Service. Ah, Deck Division. All the stories are true. I was never the inspecting officer but was rather inspected when Reftra or the dreaded Quadrennial came to call. Senior officers talked about ADM Buckley of INSURV as “the little admiral who jumped on the lifelines” with awe, the same way my parents talked about Fiorello Laguardia, as if he might still show up at any moment.

    My favorite inspection story is from my first ship. My Department Head explained that we would set up two tables. The closer one had piles of donuts and pots of coffee. The second one had all the paperwork for Combat Systems. With luck they would barely glance at table number two. Along with the world’s worst missile system, the Rube Goldberg BPDSMS (pronounced Beepadeemus) that preceded Nato Sea Sparrow, I had a fan room just aft of the forward missile launcher below the bridge on the LHA. When the Admiral came to inspect I had my best Petty Officer waiting for him. My job was to stand there and shut up.
    “Son is this your space?”
    “Yes Admiral.”
    Do you know what is wrong in here?”
    “Uhh, yes Admiral.”
    “Am I going to find it?”
    “NO Admiral.”

  5. Attorney General to speak to Hamas-linked CAIR despite FBI ban

    Right after Dawud Walid of CAIR-Michigan was defending the jihadist imam who was killed in a shootout with the FBI. Yet another Which-Side-Is-Obama-On Alert: "Despite ban, Holder to speak to CAIR-linked group," from Politico, November 9 (thanks to all who sent this in):

    Attorney General Eric Holder has agreed to give a keynote speech next week to a Michigan group which includes the local branch of the Council on American-Islamic Relations even though the FBI has formally severed contacts with the controversial Muslim civil rights organization.
    On Nov. 19, Holder is scheduled to speak in Detroit to the first annual awards banquet of Advocates and Leaders for Police and Community Trust, a coalition of several dozen law enforcement and community groups. An online registration form for the event includes the Council on American Islamic Relations-Michigan on a list of "official & participating organizations."

    A spokeswoman for ALPACT confirmed that CAIR is a member of the coalition.

    "CAIR has been involved for a while," said Chandra McMillion, community development facilitator for ALPACT. "CAIR is listed as an official member."

  6. If you went around buying "gold coins" from grifters on the street I wonder how many "gold" coins you would end up with?