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Another Oligarch Preaches to the Peasants – Charlie Munger Says “Prepare for Harder World”

I’m not a fan of Charlie Munger, Warren Buffett’s right hand man. I haven’t been a fan for a long time but this statement back in 2012 really annoyed me.

Such arrogance. I’m sorry Mr. Munger but not all of us get to drink from the Fed’s fire hose of easy money. For many of us gold is a last resort. Not an investment per se, but a hedge against guys like you. Of course you know that and that’s why you said what you said.

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DEA agents held ‘sex parties’ with prostitutes paid for by drug cartels

Columbia it appears is the place to be if one wants to party hardcore on the US taxpayer dime. Forget Cancun kids. Medellin is where things are really going down.

Hey, when in Columbia…But one shouldn’t be doing it with taxpayer money. Oh, wait, in the case of the DEA parties it was the drug cartels who paid for everything. So I guess that’s cool.

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Report: Va. governor received special treatment from Homeland Security

Ah yes, a crony dispatch from my home state, the Commonwealth of Virginia. We used to be relatively clean (or particularly good at keeping things quiet). Now the former governor is in prison and the current governor, Clinton crony and crony capitalist extraordinaire Terry McAuliffe is defending his “little” piece of the great taxpayer financed “green” stimulus rush of the early Obama years. Seems that Homeland Security may have thrown some favors the governor’s way. According to the report things look legal, but most crony capitalism is.

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