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Opting Out and the Culture of Entitlement
(March 30, 2010)

Housing and the Paradox of Credit Bubbles, Equity and Demand
(March 29, 2010)

Healthcare and the Loss of Personal Autonomy and Responsibility
(March 27, 2010)

When Belief in the System Fades, Stock Market Version
(March 26, 2010)

Updating the Stock market's Forgotten Indicators
(March 25, 2010)

U.S. Decline: We have Met the Enemy, and It Isn't China
(March 24, 2010)

More on the U.S. Dollar, Deleveraging and Purchasing Power
(March 23, 2010)

The Contrarian Trade of the Decade: the U.S. Dollar
(March 22, 2010)

The High Water Mark of a Broken System: U.S. "Healthcare"
(March 20, 2010)

The Wisdom of Crowds: Americans Refusing To Buy Into the Rally
(March 19, 2010)

The Trouble With Bonds
(March 18, 2010)

Comparing Household Net Worth to Total Credit: U.S. Is Insolvent
(March 17, 2010)

Google to China: Take This Dictatorship and Shove It
(March 16, 2010)

The Unique Benefits of When Things Fall Apart
(March 15, 2010)

Could Urban Gardens Supply 1/3 of a City's Food? Yes.
(March 13, 2010)

Bells Will Ring At The Bottom in Stocks and Housing
(March 12, 2010)

What If (Almost) All Assets Fall Together?
(March 11, 2010)

The Stock Market As Propaganda
(March 10, 2010)

Why California Is Doomed
(March 9, 2010)

Dissonance Overload, Needs and "Innovation"
(March 8, 2010)

Weekend Reading: New Poems, Essays and Recipes
(March 6, 2010)

Simulacrum Reforms Won't Fix Anything
(March 5, 2010)

The Stock Market's Textbook Change of Trend
(March 4, 2010)

The Keynesian Project Is Psychotic
(March 3, 2010)

Why the Euro Might Devolve into Euro1 and Euro2
(March 2, 2010)

When Debt-Junkies Go Broke, So Do Mercantilist Pushers
(March 1, 2010)


February 2010 entries

January 2010 entries

December 2009 entries

November 2009 entries

October 2009 entries

September 2009 entries

August 2009 entries

July 2009 entries

June 2009 entries

May 2009 entries

April 2009 entries

March 2009 entries

February 2009 entries

January 2009 entries

December 2008 entries

November 2008 entries

October 2008 entries

September 2008 entries

August 2008 entries

July 2008 entries

June 2008 entries

May 2008 entries

April 2008 entries

March 2008 entries

February 2008 entries

January 2008 entries


                                                                       





                                                                       


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)

"Success: To laugh often and much; to win the respect of intelligent people and the affection of children; to earn the appreciation of honest critics and endure the betrayal of false friends; to appreciate beauty, to find the best in others; to leave the world a bit better, whether by a healthy child, a garden patch, or a redeemed social condition; to know even one life has breathed easier because you have lived. This is to have succeeded."
(Ralph Waldo Emerson, submitted by J.P. Bahner)

"It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; who errs and comes short again and again; because there is not effort without error and shortcomings; but who does actually strive to do the deed; who knows the great enthusiasm, the great devotion, who spends himself in a worthy cause, who at the best knows in the end the triumph of high achievement and who at the worst, if he fails, at least he fails while daring greatly. So that his place shall never be with those cold and timid souls who know neither victory nor defeat."
(Theodore Roosevelt, submitted by Kenneth R.)

"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)

"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)

"Meaningful work and meaningful skills make a meaningful life, even if the work is unpaid." (CHS, March 6, 2009)

"If you like eating, begin liking dirt." (CHS, April 6, 2009)

"Either we restrict the foods we eat when we have a choice, or our diet will eventually be restricted by chronic diseases." (CHS, May 9, 2009)

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

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

"Every effort under compulsion demands a sacrifice of life energy." (Nikola Tesla, sunmitted by Kenneth R.)

"In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped to live in a world that no longer exists." (Eric Hoffer, submitted by Angry Saver)

"In times of change, learners will inherit the earth." (Eric Fromm, submitted by Tom P.)

"Do the thing and you shall have the power." (Ralph Waldo Emerson)

"Radical self-reliance begins with rock-solid personal integrity and a willingness to ask cui bono-- to whose benefit?--of every arrangement."
(CHS, October 30, 2009)