Michelle Obama: Sasha and Malia Like My Book!

First Lady Michelle Obama has received the stamp of approval for her new children’s book, “American Grown,” from the most important audience of all: her two daughters. “This is my very first book and my very first and probably only booksigning,” she said to a crowd at a local Barnes & Noble. “I wanted the book to be beautiful and I think that the pictures are absolutely beautiful. I could tell because when Malia and Sasha picked it up – you know, it’s mom, it’s like, ‘oh, your book, how nice’ – they actually got pulled in by the pictures. They couldn’t put it down and they started looking through it and then they started reading it. And eventually I got a thumbs up.”

Apparently, this is also how President Obama decided his policy on gay marriage. At least in this case, the First Lady didn’t cite her non-existent sons as blurbers on the back cover.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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