Archive | Money

Debunking Gas Myths (Stossel Video)


Some highlights of the video:

  • The majority of the gas in the USA comes from the USA
  • Gas has 80 times more power density than lithium batteries
  • The country we import most of our gas from is Canada
  • Energy independence is political horse feces
  • If we can get gas from someone cheaper than we can produce it then why not?
  • Oil Companies make 8.3 cents profit/dollar
  • “For every gallon of gasoline and other products we refined and sold in the
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federal-reserve1

Awesome presentation about the FED at Famous Pub

  • What has the Fed Done to Our Money?

  • By Libertarian Party of Dekalb County, Georgia

  • Tuesday, April 17,  2012 at 7:00 p.m. @ Famous Pub

image 

http://www.lpgeorgia.com/

 

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Hilarious & Easy Explanation of Derivative Markets

Heidi is the proprietor of a bar in Detroit. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans). Word gets around about Heidi's "drink now, pay later" marketing strategy and, as a result, increasing numbers of customers flood into Heidi's bar. Soon she has the largest sales volume for any bar in Detroit.
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