Top Ten Reasons Why Fiat Currency Is Superior To Gold (Or Silver) Money

In the spirit of the holidays and hope for a more prosperous 2013, I thought my readers might appreciate a little humour to partially offset the relentless doom and gloom associated with the Amphora Report. So please, don’t take this edition too seriously. But if you happen to stumble across a ‘paperbug’ or two [...]


Tax Hit Will Impact Cost Of Politicians

A bit of humor from Andy Borowitz in the New Yorker. Enjoy.

Billionaires Warn Higher Taxes Could Prevent Them From Buying Politicians

Posted by Andy Borowitz

WASHINGTON (The Borowitz Report)—Introducing a new wrinkle into the already fraught fiscal cliff showdown, a consortium of billionaires today warned that if their taxes are raised they will no [...]


I Knew It Would End Badly

The Tuscaloosa News reported:

The Tuscaloosa County Sheriff’s Office has placed Walter White on their priority list of the county’s most wanted.

White, 55, was on probation for a 2008 charge of making methamphetamine when he was arrested on similar charges in Bibb County earlier this year.

White’s last known address was in the 22000 [...]


Worst Headline Of The Week

This is from Gallup:

PRINCETON, NJ — The Gallup Economic Confidence Index was negative in all 50 states in the first half of 2012, but positive in the District of Columbia.

Things are looking up in DC! I think this may indicate that they are a bit out of touch.



Barclays Fixed Rates














We here aren’t jumping on the kill Barclays bandwagon, but this was too good to pass up.


Famous Last Words From Eurozone Founders

Open Europe put together a collection of famous last words by the promoters and founders of the Eurozone. It is a rather lengthy collection but here are a few which reveal how clueless they were when they launched the euro. You might enjoy going through the document.

“The Community shall not be liable for or [...]


“Spain Is Not Greece” And Other Choice Quotes

Alex Banbury of Hamilton Capital Advisers (UK) has put together a list of countries’ denials of contagion. I haven’t been able to verify this, but true or not, it’s pretty funny and sounds about right. This is going viral around the Internet.

“Spain is not Greece” - Elena Salgado, Spanish Finance minister, February 2010.


The Irish Problem



Hat tip to Quentin.


Submarine Base For Sale: Inquiries To Dr. No

For those of you who aspire to greater things, here is just what you need: your own submarine base. This could be a vacation resort for people like Kim Jong Eun, Hugo Chavez, or Robert Mugabe. You could come and go unnoticed. Who wouldn’t want one of these.


Norton Commmando Speaks

This is from the creative mind of Steve Twist. It is apropos of nothing economic, but for your weekend enjoyment.


Where Is Superman When We Need Him The Most

Friday humor for you. Superman vs. Fiat Money!

We should nominate him for Fed Chairman because he certainly understands money. Lois obviously doesn’t.