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	<title>Punchinello's Chronicles</title>
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	<description>A Fool's View from the Ghetto</description>
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		<title>Punchinello's Chronicles</title>
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		<title>The So-Called Unfair Wealth Gap</title>
		<link>http://newindividualism.wordpress.com/2012/01/05/the-unfair-wealth-gap/</link>
		<comments>http://newindividualism.wordpress.com/2012/01/05/the-unfair-wealth-gap/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 06:54:34 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Word of the Day]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4369</guid>
		<description><![CDATA[Here we are, starting January 2012, and The Protester was the &#8220;man of the year&#8221; on Time magazine. We remember the &#8220;Occupy Wall Street&#8221; movement, made up of people inarticulately angry at all the money the bankers are making. Their main chant is that 99% of the population makes a barely living wage, while 1% [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4369&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Punchinello</media:title>
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		<title>Why Use Digital Money?</title>
		<link>http://newindividualism.wordpress.com/2011/05/24/why-use-digital-money/</link>
		<comments>http://newindividualism.wordpress.com/2011/05/24/why-use-digital-money/#comments</comments>
		<pubDate>Wed, 25 May 2011 01:03:55 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Word of the Day]]></category>
		<category><![CDATA[checking accounts]]></category>
		<category><![CDATA[digital currency]]></category>
		<category><![CDATA[Federal Debt Ceiling]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[paper dollars]]></category>
		<category><![CDATA[US Treasuy notes]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4345</guid>
		<description><![CDATA[The reason the whole world wants fiat digital money is because there's still a limit on how much money the government can print. It's hardly a limit at all, but the amount of paper money necessary to pretend we have an economy is still that limit. Get rid of paper money, and there's no more limit whatsoever. At that point, the government can spent quadrillions of dollars a minute, and the only thing that changes is a computer register.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4345&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Punchinello</media:title>
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		<title>Gold Standard? Not So Much</title>
		<link>http://newindividualism.wordpress.com/2011/05/11/gold-standard-not-so-much/</link>
		<comments>http://newindividualism.wordpress.com/2011/05/11/gold-standard-not-so-much/#comments</comments>
		<pubDate>Wed, 11 May 2011 22:40:43 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Word of the Day]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[gold standard]]></category>
		<category><![CDATA[Hayek]]></category>
		<category><![CDATA[money supply]]></category>
		<category><![CDATA[QE3]]></category>
		<category><![CDATA[silver and oil prices]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4324</guid>
		<description><![CDATA[Steve Forbes has come out with a statement suggesting that the US will likely go back to a gold standard. Several potential 2012 presidential candidates are also jumping on this bandwagon. I have to admit that not so long ago, I would have thought this was a great idea. But I&#8217;ve taken the time to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4324&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Punchinello</media:title>
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		<title>What Do We Do Right Now?</title>
		<link>http://newindividualism.wordpress.com/2011/04/28/what-do-we-do-right-now/</link>
		<comments>http://newindividualism.wordpress.com/2011/04/28/what-do-we-do-right-now/#comments</comments>
		<pubDate>Thu, 28 Apr 2011 06:33:23 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[View from the Bottom]]></category>
		<category><![CDATA[debt ceiling]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[let banks collapse]]></category>
		<category><![CDATA[rising gold prices]]></category>
		<category><![CDATA[TALF]]></category>
		<category><![CDATA[TARP]]></category>
		<category><![CDATA[TBTF]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4311</guid>
		<description><![CDATA[Month after month we hear the bad news. It really doesn&#8217;t matter anymore what particular story comes to light. We&#8217;ve passed the tipping point. It&#8217;s a bit pointless to discover more corruption, more regulations, more hypocrisy, more fraud and more of everything. The stage was set decades ago, and we&#8217;re in the end game now. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4311&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Punchinello</media:title>
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		<title>eBay, the Fed, and Shill Bidding</title>
		<link>http://newindividualism.wordpress.com/2011/04/27/ebay-the-fed-and-shill-bidding/</link>
		<comments>http://newindividualism.wordpress.com/2011/04/27/ebay-the-fed-and-shill-bidding/#comments</comments>
		<pubDate>Wed, 27 Apr 2011 08:30:00 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Surely a Jest?]]></category>
		<category><![CDATA[bond markets]]></category>
		<category><![CDATA[debt ceiling]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[JP Morgue]]></category>
		<category><![CDATA[The Bernank]]></category>
		<category><![CDATA[Treasury auctions]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4302</guid>
		<description><![CDATA[Let&#8217;s you and me start a small business, okay? We&#8217;ll pretend we&#8217;re in the same family, maybe. Or, you can imagine it&#8217;s you and your spouse, significant other, kids or someone otherwise sharing money and expenses. The key here is that the two of us have weekly expenses, and we make some money. The problem [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4302&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Punchinello</media:title>
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		<title>Imagine a Run on the COMEX</title>
		<link>http://newindividualism.wordpress.com/2011/04/26/imagine-a-run-on-the-comex/</link>
		<comments>http://newindividualism.wordpress.com/2011/04/26/imagine-a-run-on-the-comex/#comments</comments>
		<pubDate>Tue, 26 Apr 2011 07:53:03 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Just Thinking]]></category>
		<category><![CDATA[$50 silver]]></category>
		<category><![CDATA[COMEX]]></category>
		<category><![CDATA[commodities exchange]]></category>
		<category><![CDATA[fiat money]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Hunt brothers]]></category>
		<category><![CDATA[precious metals]]></category>
		<category><![CDATA[silver]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4287</guid>
		<description><![CDATA[Okay, so what&#8217;s the COMEX you ask? It&#8217;s short for the Commodities Exchange. And what&#8217;s that? Ah&#8230;that&#8217;s an interesting question, and brings in the concepts of &#8220;real&#8221; (physical metal or PM) gold and silver, versus &#8220;paper&#8221; contracts for gold and silver. These paper contracts are traded back and forth through various companies (funds), and can [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4287&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
		<media:content url="" medium="image">
			<media:title type="html">Punchinello</media:title>
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		<title>Atlas Shrugged, Part 1 &#8211; The Movie</title>
		<link>http://newindividualism.wordpress.com/2011/04/20/atlas-shrugged-the-movie/</link>
		<comments>http://newindividualism.wordpress.com/2011/04/20/atlas-shrugged-the-movie/#comments</comments>
		<pubDate>Wed, 20 Apr 2011 09:47:46 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[The Great Adventure!]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[falling US dollar]]></category>
		<category><![CDATA[Obamacare]]></category>
		<category><![CDATA[oil profits]]></category>
		<category><![CDATA[profiteers]]></category>
		<category><![CDATA[review of Atlas Shrugged]]></category>
		<category><![CDATA[US economy]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4270</guid>
		<description><![CDATA[im·ply –verb (used with object), -plied, -ply·ing. (Implication &#8211; noun: the act of implying) to indicate or suggest without being explicitly stated: His words implied a lack of faith. (of words) to signify or mean. to involve as a necessary circumstance: Speech implies a speaker. I went to see part one of &#8220;Atlas Shrugged,&#8221; the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4270&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Punchinello</media:title>
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		<title>The Past is Gone</title>
		<link>http://newindividualism.wordpress.com/2011/04/17/the-past-is-gone/</link>
		<comments>http://newindividualism.wordpress.com/2011/04/17/the-past-is-gone/#comments</comments>
		<pubDate>Sun, 17 Apr 2011 07:59:54 +0000</pubDate>
		<dc:creator>Punchinello</dc:creator>
				<category><![CDATA[Survival 101]]></category>
		<category><![CDATA[economic downturn]]></category>
		<category><![CDATA[global corporations]]></category>
		<category><![CDATA[globalization]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[recession]]></category>

		<guid isPermaLink="false">http://newindividualism.wordpress.com/?p=4260</guid>
		<description><![CDATA[Convenience and comfort: Those are the two basic drivers for invention, technology and business. Entertainment is another huge factor, but at the most basic level, we invent things to make our lives easier. First we had to walk everywhere we wanted to go. Then we figured out how to use animals so we could ride. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=newindividualism.wordpress.com&amp;blog=1893767&amp;post=4260&amp;subd=newindividualism&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">Punchinello</media:title>
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