Bitcoin v. the Dollar.

I must confess at the outset that when I first heard about Bitcoins, my skepticsm was overwhelming. Who could possibly put value in an financial instrument that had nothing supporting it. The value of a Bitcoing was entirely dependent on how much value the persons exchanging them would see in them. But then I reflected that our Almighty Dollar is not very different. The dollars issued by our Department of Treasury have no financial backing other than the promise of the United States Government that they have value. The dollars used to be backed by gold but that ended nearly 50 years ago when President Nixon took us fully off the gold standard, a process begun 38 years earlier by President

Conclusion Leaping from a Distance.

On July 1, 2015, Kathryn Steinle was shot and killed on a pier in San Francisco as she walked with her father. The shot was fired by Garcia Zarate, an illegal immigrant. Initial reports suggested that Zarate had been behind the couple and fired into her back. Two weeks ago when the jury hearing the case returned a not guilty verdict, outage was expressed by many, including the President. But the facts of the case really explain the verdict. The weapon in question was stolen from the unmarked car of a Bureau of Land Management ranger who had parked to have dinner with his family. The weapon was a .40 caliber Sig Sauer automatic. It is a bit unusual in that it has no safety mechanism. I


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