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August 2009 entries:

Japan's Bloodless Coup: Devolution of the Export/Central Planning Model
(August 31, 2009)

Readers Respond on Higher (Cost) Education
(August 29, 2009)

"Business as Usual": Legitimizing the Illegitimate
(August 28, 2009)

Denial and Risk
(August 27, 2009)

Is Higher Education Worth a Lifetime of Debt?
(August 26, 2009)

Television, Symbolic Capital and Empire
(August 25, 2009)

The Pareto Principle and the Next Wave Down in Real Estate
(August 24, 2009)

Are Empire and Democracy Compatible?
(August 21, 2009)

The Immense Suffering Caused by Financial Devolution
(August 20, 2009)

Mobilizing a City to Store Rainwater
(August 19, 2009)

Rant or Revelation: My Money's on Revelation
(August 18, 2009)

The Travails of Small Business Doom the U.S. Economy
(August 17, 2009)

Emergency Water and Waste Disposal
(August 15, 2009)

Bees, Flowers and Water
(August 14, 2009)

Grain, Drought and Systemic Risk
(August 13, 2009)

The Dollar and Gold: A Contrarian Take
(August 12, 2009)

So Long, California
(August 11, 2009)

10 Pins for the Stock Market Bubble
(August 10, 2009)

Rainwater Catchment
(August 8, 2009)

The Top Is In: Kroika Cookie Company Expands into U.S. Banking
(August 7, 2009)

The 800-Pound Gorilla Crushing "Healthcare": Malpractice
(August 6, 2009)

Healthcare "Reform": Cui Bono--To Whose Benefit?
(August 5, 2009)

Insurmountable Barriers to Structural Reform
(August 4, 2009)

The Royal Scam (guest essay)
(August 3, 2009)

The American Way of Life (and Death)
(August 1, 2009)

June 2009 entries

May 2009 entries

April 2009 entries

March 2009 entries

February 2009 entries

January 2009 entries

December 2008 entries

November 2008 entries

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All content, HTML coding, format design, design elements and images copyright © 2008 Charles Hugh Smith, All rights reserved in all media, unless otherwise credited or noted.

Extra-Special Bonus Aphorisms:

"There is no security on this earth; there is only opportunity." (Douglas MacArthur)

"Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise is false, ride that trend, and step off before it is discredited." (George Soros)

"To endure is greater than to dare; to tire out hostile fortune; to be daunted by no difficulty; to keep heart when all have lost it -- who can say this is not greatness?
(William Makepeace Thackeray, recommended by U.Doran)

"Daydreams of a fair world which would treat him according to his real worth are the refuge of all those plagued by a lack of self-knowledge." (Ludwig von Mises)

"The way of the Tao is reversal." (Lao Tzu)

"Chance favours the prepared mind." (Louis Pasteur)

"It is neither necessary to hope to undertake, nor to succeed to persevere." (William of Orange)

"You must have a willingness to do something when everyone else is petrified. You must learn the lesson of following logic over emotion." (Warren Buffett)

"Success consists of going from failure to failure without loss of enthusiasm." (Winston Churchill)

"Where there is ruin, there is hope for treasures." (Rumi)

"May a fair road always be open to you." (CHS, April 2, 2006)

"A healthy homecooked family meal and a home garden are revolutionary acts." (CHS, May 2008)

"Greed is a wonderful motivator but fear works much faster." (Riley T., Sept. 2008)

"You don't miss what you no longer want." (CHS, August 2008)

"Food is wealth, health is wealth, energy is wealth; all else is illusion." (CHS, December 15, 2008)

"Democracy can be likened to two wolves and one lamb voting on what to have for lunch." (Benjamin Franklin, submitted by Tim B.)


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