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News Is Seemingly Pointless

June 6, 2011

I have to admit to recently giving up on much news consumption. At some point you become comfortable/numb to the fact that we are in trouble in every shape and form and that the government and politicians aren’t going to do anything about it. I am starting to believe that they really want these bad things to happen, like joblessness, homelessness, starvation, etc. So what does the average person do? I search high and low and can not come up with any concrete idea. The problem is the government can and will do anything, especially in an act of desperation, that renders nothing a “sure shot”. Take the obvious answer of gold and silver, then look at the margin hikes by the CME. Below are the few things I am certain of:

  • The US is fiscally screwed, and the politicians know this. As a result expect higher taxes, more fees, and the will make a grab at your retirement asses. The stock market will go up or it will go down.
  • Crime is certain to increase. You have the potent ingredients of desperate people, and fewer police.

Thats it. So, I save some money and watch my back more carefully.

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