Tag Archives: Capital

  • Blog

    Francis Koster: Finding Local Investments That Pay Off for You & Your Community

    by Adam Taggart

    Saturday, March 26, 2011, 12:25 AM

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    “Locally there are lots of nice, tidy, quarter-of-a-million-dollar investments sitting there that the large companies will not do because their overhead is too high. So one of my themes is look in your own backyard — focus on fiscally conservative sound investments and focus on local employment. You will be surprised at the opportunity that just leaps out at you.”

    So says Francis Koster, who specializes in identifying community investment opportunities that offer attractive returns for the capital provider as well as longterm benefits for the local residents. Chris and I met Francis earlier in the year and were impressed by his inventive and scrappy approach to finding fresh, sustainable solutions for many of the long-term Three E challenges we face. He’s one of the new voices you may not be familiar that with we think merits attention.

    Click the play button below to listen to Chris’ interview with Francis Koster (runtime 39m:44s):

    [swf file=”http://media.chrismartenson.com/audio/francis-koster-2011-03-25-final.mp3″]

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    In this podcast, Francis highlights

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  • Blog

    Daily Digest – August 3

    by Davos

    Monday, August 3, 2009, 3:02 PM

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    • Financial Sense News Hour Part 3B – Euthanasia Health Care Real Player, WinAmp, Windows Media Mp3 (Audio)
    • 1.6 Trillion Dollar Euthanasia Health Care Plan to Bankrupt the U.S. Fix Medicare
    • From Drudge: Warning: Oil supplies are running out fast
    • Bailout Nation
    • Why Bernanke is in panic mode (H/T Jeff Borsuk)
    • FDIC Report & The Top Secret Plan C
    • Sunday Funnies (A day late – humor)
    • Cash For Clunkers Site: Your Computer is now the property of the US Gov’t? (Fox Video)
    • A conversation with Robert Shiller on Charlie Rose
    • Guns R US
    • Where is the Public Outrage Over Pensions?
    • DECLINE AND FALL OF THE AMERICAN EMPIRE
    • The $328,835.00 Taxpayer Funded Photo Album (PDF)
    • Annaly Capital: Sherlock Holmes And The Mystery Of The Green Shoots (White-paper)
    • Alt-A Loans and Pesky Resistant Subprime Loans: The Lingering Mortgage Beast. $1.1 Trillion in Active Toxic Waste Mortgages. PennyMac Ready for Toxic Mortgages. What Happened to the Public-Private Investment Program?

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  • Blog

    A Funding Nightmare for the US

    by Chris Martenson

    Tuesday, March 17, 2009, 11:02 AM

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    The way that the US is planning to fund all of the bailout and stimulus activity is by borrowing the money.  As any long-time reader here knows, the rate of US savings has been less than stellar over the past 15 years or so, indicating that borrowing from foreign sources is necessary to plug the gap.

    The way we keep an eye on this is by watching something called the Treasury International Capital, or "TIC," report.

    What this report from the Treasury Department measures is the aggregate total of money coming into vs. heading out of the US. Money flows in and money flows out.  When it comes in, it lands in bank accounts and bond and equity purchases.  When it leaves, the various financial assets are sold and the money flows home, wherever that happens to be.  All of this is tracked.

    Admittedly there are a lot of moving pieces in this measurement, but, roughly speaking, for everything to balance, the amount of money coming in needs to equal the amount of money being borrowed by the US.

    If it does not, then the official deficit of the US government will compete with local needs for borrowing while the trade deficit will erode the value of the dollar.  If and when both domestic and foreign sources of lending are insufficient for the task, then we’d expect the Federal Reserve to cave in and simply print up the difference.

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  • Blog

    Real business is hard work

    by Chris Martenson

    Tuesday, December 30, 2008, 3:13 AM

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    Here’s a very interesting observation put out by the great writer and very observant economic and social commentator Charles Hughes Smith.

    Productive and Unproductive Capital
    Honestly, it’s much easier to sit at a desk at home and gather long-term capital gains (which may or may not be productively invested) or tax-free earnings than put up with the guff of real business. And if this is the case, then who’s going to risk everything to hire people and "get America working again"?

    This is why I predict 30 million formal jobs will be lost in this Depression; it’s no longer worth it in terms of risk/return to start businesses when everyone is sucking real businesses dry and leaving rentier capital lightly taxed and lightly regulated.

    The above is the summary of an essay which points out that over time we’ve structured our economy and society such that non-productive capital (passive bond and financial investments) are treated with kid gloves by our rules sets and tax codes while using the same capital to run a real business exposes one to all sorts of headaches and additional taxes that do not apply to "rentier capital".

    So why bother?

    I can tell you from my experience, this rings true.  The amount of paperwork and forms and rules and taxes that my state of Massachusetts applies to my simple business are extraordinary compared to squaring up my investment and trading accounts at the end of the year.

    Some of the rules are baffling and maddening as if designed to be cruel and arbitrary.

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