The wizened Dow Theory sage Richard Russell comments on the U.S. Dollar and the Housing Bubble:
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U.S. Marines in Iraq say: “Too Much Body Armor“:
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Here is an interesting blog that I just found today: Airborne Combat Engineer
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The Associated Press reports on Enormous Pro-Illegal Immigration Rallies in the U.S. Unfortunately, I think that congress is likely to cave in to the pressure and institute some form of amnesty. To the left wing of the Democrat party, the conservatively estimated 16 million illegal aliens in the country represent a potentially huge voting bloc. To corporate power brokers, they are a pool of cheap labor. This has created an informal alliance that favors continued illegal immigration. What a sad state of affairs. I am not a racist, but I certainly don’t like seeing mass illegal immigration. If illegal farm and factory workers can sneak in with ease, then so can terrorists. We need less porous borders, and some collective backbone. Please pray that congress does the right thing, and then make a few phone calls to your congresscritters.
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Our friend Noah at the Defense Tech Blog discusses “Chameleon Weapons” that Defy Metal Detectors
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Spot silver passed the $11 per ounce mark yesterday. I won’t say anything more than “I told you so!”