Tuesday, September 28, 2010

Bustle in your hedgerow

Here's how Thomas Sowell's article "Politics vs Gold" begins:

One of the many slick tricks of the Obama administration was to insert a provision in the massive Obamacare legislation regulating people who sell gold. This had nothing to do with medical care but everything to do with sneaking in an extension of the government's power over gold, in a bill too big for most people to read.

Did you know that? I didn't, but I can't say I'm surprised. Obamacare also messes with the college loan market. It picks up later on the same theme:

Whether gold is a good investment for individuals, and whether the gold standard is the right system for a country, are much more complicated questions than can be answered here. But what is clear is that the Obama administration sees people's freedom to buy and sell gold as something that can limit what the government can do.

Indeed, freedom in general cramps the government's style. Those on the left may not be against freedom in general. But, at every turn, they find the freedoms granted by the Constitution of the United States hampering the left's agenda of imposing their superior wisdom and virtue on the rest of us.

I'm telling you, my stash has seriously increased in value, but I ain't sellin' any yet. IMO it's still a bargain at $1295 an ounce.

1 comment:

  1. I read about this when Don Surber talked about it back in July. His best line: "Captain Jack Sparrow would be telling the boys to let the ship pass because he is still filling the 1099s on the doubloons they hauled in from the last Spanish ship they seized."

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