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Source link: http://archive.mises.org/4885/an-ounce-of-bacon-for-600/

An ounce of bacon for $600

April 7, 2006 by

Two stories surfacing on the net today include everyone’s favorite metal reaching $600 during trading. It’s kind of hard to print the stuff, I’ve tried…

The other story involves the Citizens Against Government Waste who released their annual Congressional Pig Book. Just like car leases, largesse is the order of the day.

Via Sploid and The Perfect Substitute.

{ 2 comments }

Paul D April 8, 2006 at 8:50 am

Hah, and people laughed at me when I bought a few Maple Leafs at $255 a few years ago.

Coxe Don April 8, 2006 at 9:25 am

The big problem is how to restructure weak USA when it near Chapter 11.
I have the best solution for USA, I hope USA think tank will consider my suggestion.
1). Sell Alaska to India! Because Indian hold the most gold in the world, total 10 thousand ton, USA hold near 1000 ton and protect another 2000 ton of other countries. Ask Indian pay 5000 ton gold. It is for rebuild the world’s confident about US dollar.
US hold Alaska more than 100 years now, it is high time to take big profit!!!!!!!!!
2). Sell MIT, California Institute of Technology, Yale and Stanford University to Japanese. Ask Japanese wavier all the debt USA owe them. It is for USA re-stand without too much debt!! Japanese fear to buy any US stocks, securities and real estate, they only accept famous US universities.
3). Find a reason to start a new war in the World Island, one part of USA army from UK, the other part from Japan, and they will have victory gathering at Iran. Because the strogest aspect of USA is US Army, use them to ask some donation from middle east, Japanese, and Korean.
4). Make the biggest M & A deal, merge USA with Canada, then the new USA have strongly backed by commodity economy.
5). Threaten Chinese the value of US bond, general speaking, they are not as desipline as Japanese, they will fear of the droping value. We can ask UK to help USA buy lower from them.
After the 5 steps, American will be real superpower again.

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