Standard questions

In terms of investment, how much gold is enough. Richard Russell provides a practical answer in the Dow Theory Letters.

No, in practice, you need dollars. You need dollars to live. There's no getting around it. Furthermore, you've been taught not to put all your eggs in one basket. And that applies to gold. Sure, based on the charts below you should probably have all your money in gold, but that 'feels too risky.' You just don't feel comfortable with it. So if you're a subscriber to Russell's writings, you buy some gold -- as much as you feel comfortable with, and you tell yourself, 'Well, I've got more gold than 99% of the rest of the poor fools in America, and maybe that's enough.' Of course, it isn't, but that's what you tell yourself."

precisely

Matthew at CMR catches another Hollywood type endorsement, you know the type where the candidate probably wishes they would just shut up and donate. Susan Sarandon Endorses Obama. The money quote...

So I think he definitely has convinced people that he stands for change and for hope, and I can't wait to see what he stands for.

I think we are all waiting for that. The scary thing is we will probably find out after he is elected.

the Arena, the Christians and the lion (lying)

Matthew at CMR has some quotes to note regarding
Archbishop Burke and Saint Louis U. Basketball Coach.

"It's not possible to be a Catholic and hold those positions," Burke said. "When you take a position in a Catholic university, you don't have to embrace everything the Catholic church teaches. But you can't make statements which call into question the identity and mission of the Catholic church...I'm confident it (the university) will deal with the question of a public representative making declarations that are inconsistent with the Catholic faith."[emphasis added]

Sadly Burke was thinking this Catholic University was actually Catholic.

As Matthew points out, this is the the Jesuit school that is not controlled by "religious creed" and, hence:

The school was able to convince the Missouri Supreme Court that they were hardly Catholic at all in order to receive $8 million of taxpayer dollars to build a new arena. Hey look, Judas only got a few silver pieces. The Jesuits got $8 million. Inflation?