Wednesday, June 25, 2008

Investment advice from a 19 year old

Commodities baby.  Sinking dollar + increasing global demand = hedge against failing government fiat currency, and a chance to profit.  Short term, they might go through a pull back, but don’t let that discourage you.  We haven’t begun to see the inflationary effects from helicopter Ben’s rate cuts.  This money that is flowing into commodities is merely the remaining wealth that didn’t get destroyed in the housing collapse.  Two stocks I particularly like are the uranium explorer URZ and oil exploration/producer GTE. 

I also like corn.  I don’t think the market has fully priced in the effects of the recent floods in the nation’s heartland.  With the government paying our farmers to produce corn for our gas tanks, other commodities will continue to rise due to more farmers ditching soybeans, wheat, ect. for corn. 

Also, short the financials.  They’ve still got alot of bad debt on the balance sheets and are understating it because they are trying to raise capital like crazy right now.  It’s a bear market folks and I expect to see the dow at 10,000 by the end of this year.  With socialists prospects like McCain or Obama, it’s a lose lose situation for the greater economy, but there is and always will be a bull market somewhere.  Oh, and I’d recommend having about $1,000 stashed away at home in case all hell breaks loose and more banks start to drop.  Also, buy some precious metals while they are still relvatively cheap.  There’s going to be one heck of a bull market coming down the road for them.

  The fed is in no position to raise rates, but eventually they are going to have to, to fight off inflation.  This rise will further drop house prices, hurt banks with tons of mortgage assets, force more forclosures, and tighten credit.  All of these things will weigh on the economy in 2009.  We could go through a period worse than the late 1970’s. 

Posted by Justin Malin at 01:45:33 | Permalink | No Comments »

Friday, June 20, 2008

The conflict of interest in government operated education

As they saying goes, knowledge is power.  A man who lacks it doesn’t know when he is being taken advantage of.  The man who lacks it is a slave to those who have it.  Am I the only person out here who sees a major conflict of interest in government run education? 

First, there is no competition or incentive to boost performance if there is a permanent subsidy in place for it.  In a supposed “free market” society, competition is the very thing that produces innovation, new ideas, greater performance, and a better standard of living.  American companies are now looking overseas for the best and brightest because we don’t produce them over here at the pace of the Chinese.  Perhaps it’s time to bring some free market reform the the education arena. 

Second, the government dictates the curriculum of the class room (who actually learned anything about how the federal reserve functions, or how the bureaucrats waste your tax dollars in order to fatten up their own wallets?).  One of Marx’s ten planks of communist revolution was centralized control of education.  What exactly are our children learning in the class room?  Propaganda?  Are we being intentionally dumbed down so we don’t see the very chains that have been placed around us? 

Third (which kind of ties in with point #2), you’ll never see a school voucher/choice program in this country because the people in power have everything to lose from one being put in place.  Alan Keyes says it all right here with this quote. 

“Do we really think that a government-dominated education is going to produce citizens capable of dominating their government, as the education of a truly vigilant self-governing people requires?” 

The answer, well it’s a no brainer.  Of course not.  These bureaucrats in DC have a vested interest in keeping you dumbed down.  They want to take everything you have from you, redistribute an amount just small enough to keep you voting them back into office, expand the size, scope, and power of government, reap the harvests of your own labor, get rich off your hard earned dollar, and pretend they are doing you a favor by creating more and more welfare programs to go along with every other program/subsidy already in place.  If they let the education system fall into the hands of self governing individuals, the power would shift back to the people, and we’d control our government instead of it being the other way around. 

This is why the recent California home schooling ban is a threat to the liberty of this entire country.  To limit a parent’s right to teach their child what they wont teach them in the public schools in this country constitutes as fascism.  Make no mistake about it, these bureaucrats, despotic judges, bankers, and leftists involved at the various higher education facilities across this country have an agenda.  It’s time to pull yourself out of the matrix and free you mind from the things they are trying to teach you.  Question authority, think for yourself, free your mind, look at the principles this nation was founded upon, and look at what this nation has become.  The truth will set you free, and that truth is that throughout history, there has always been a small group of people looking to take advantage of the masses.   

Posted by Justin Malin at 22:18:10 | Permalink | No Comments »

Thursday, June 19, 2008

The Federal Crackdown on Bear Stearns Hedge Fund Managers

Here’s the scoop in case you haven’t read the business headlines of the day.  Matthew Tannin and Ralph Cioffi have been charged with securities fraud, insider trading, and conspiracy by the FBI and were arrested today.  Their hedge funds collapsed when the subprime credit crisis emerged last summer.  They mislead investors into believing there was little to no danger of the funds exposure to subprime mortgage mess.  Right…

Anyway, they knew just how much exposure they had to bad subprime debt, but failed to let investors know about it.  There are sharks all over wall street folks that will take you for everything you have if you aren’t careful.  That’s why I recommend that you as an individual should know at all times just what you are invested in, play it safe until you know what you are doing, have a game plan, and always remember that it is better to preserve capital and live to play another day instead of trusting anyone you see on TV or on wall street and losing everything but the very shirt on your back. 

That being said, the feds are just on a witch hunt.  The real criminals are Greenspan, Bernanke, and the politicians that empower the banking cartel known as the federal reserve.  This subprime crisis never would of occured if they just let markets correct and stopped creating more money to stop the dot com bubble bursting recession. 

The moral hazzard is gone in this country.  Banks don’t lose under helicopter Ben.  We just socialize the losses of these wall street investment banks via the most regressive of taxes.  Inflation is destroying the middle class.  The sad part is, most of these people that the bureaucrats and federal reserve are destroying want to surrender even more power via more taxation and more regulation (ie. market manipulation in favor of the well connected).  This isn’t a free market.  This is socialism for the elite.   

Posted by Justin Malin at 20:24:07 | Permalink | No Comments »

Tuesday, June 17, 2008

The Sons of Liberty (an introduction to who I am and what this blog is all about)

Where to start?  I’m Justin Malin, an avid outdoorsmen, investor, free market capitalist, christian, and college student, studying range management.  Born and raised in Texas, I’m a rugged individualist with a great deal of Texas pride and a staunch distrust of the federal government.  I’m dedicated to the principles in which this nation was founded and I’m here to tell you how they are being violated.  The subjects covered in this blog will cover but is not limited to:  the federal reserve (and how Woodrow Wilson sealed the fate of this nation the day the federal reserve act was signed), wall street, investing, DC bureaucrats that are screwing you over, societal ills, the welfare state, hunting, fishing, the outdoors, constitutional liberty, local events, national events, world events, and the state’s rights movement. 

Stay tuned

Posted by Justin Malin at 02:28:12 | Permalink | Comments (1) »