Our military budget is almost worth its weight in gold.
And gold is hitting new highs -- more than $1,700 an ounce in a recent report, and even higher since then. Wow! How much is that, really?
I was reading a story about a statue of the Buddha that was made of 500 pounds of solid gold. At $1,700 per troy ounce, 500 pounds of gold would be worth a lot of money -- in fact, almost $12.5 million.
At $1,700 an ounce, it would only take about 2,000 pounds of gold, or the gold from just four such 500-pound Buddha statues, to pay for one $50 million fighter jet.
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No wonder gold is skyrocketing.
Daniel Hoyt Daniels
Stay out of Egypt's nascent democracy
Egypt has on its own taken the first step toward independence, as defined in our Declaration of Independence:
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness ... That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to affect their Safety and Happiness."
Our State Department has taken its first steps toward intruding in Egyptian affairs. It has paid more than $50 million for the promotion of democracy in Egypt. This approach has increased resentment among the already apprehensive youth of Egypt.
A more civilized and economical approach would have been to ask the minister of education if he would be interested in receiving copies of our Constitution in Arabic to be studied in Egyptian public schools. Let the Constitution speak for itself.
Hilton Head Island