One year ago a haphazard and foolish attempt was made by supporters of former President Donald Trump to disrupt a joint session of Congress which had assembled to formalize the victory of then president-elect Joseph Biden. Some Congressional offices were vandalized while Congress had to halt proceedings as representatives were evacuated and the Capitol building … Continue reading The January 6th “Insurrection” and the Epiphany
The use or rather misuse of language has always been an effective tool of politicians to enact their agendas. George Orwell’s “Politics and the English Language” brilliantly showed, in his day, how language was being manipulated for all sorts of totalitarian measures: Political language -- and with variations this is true of all political parties, … Continue reading “Inflation,” Properly Defined
Traditional Catholic Bishop Richard Williamson’s latest missive should be a wake- up call for those who naively believe that the worst is behind for the US and Western economies after the March financial sell off and the long-anticipated implosion of the bubble economy. His Excellency asserts that the US and much of the world are … Continue reading A Warning of Economic Collapse
So far, President Trump’s economic response to a potential coronavirus outbreak and a further stock market sell off has been expected – calls for more interest rate cuts and an additional round of monetary stimulus. For the stock market, economy, and the virus itself, neither measure will have their desired effect and, in fact, may … Continue reading Memo to The Donald: Cut Tariffs NOT Rates
The efficacy of a metallic monetary system is beyond dispute at least among real economists which eliminates just about 95% of whom are now engaged in the “profession.” Money, which gold is, allows for specialization, the division of labor, and provides the means for mankind to escape from barter and, thus, a primitive existence. Like … Continue reading The Ethics of a Gold Standard
With the recent ominous inversion of the 2-10 year yield curve and its near infallible predictive recessionary power, the consequences for the economy are plain to see, however, what has not been spoken of by pundits will be the effect of a recession on US foreign policy. If a recession comes about prior to November … Continue reading The Geopolitical Consequences of a Coming Recession
Despite being probably robbed of the Democratic Party’s nomination by the Clinton political machine, the success of the Bernie Sanders’ 2016 campaign with his advocacy of “democratic socialism” was an ominous sign of things to come and, in some sense, more telling of the political climate than Donald Trump’s improbable victory in November, 2016. The … Continue reading “We’re All Socialists Now!”
One reason for the failure of the modern conservative and libertarian movements to scale back, in even a miniscule way, the now gargantuan US welfare/warfare state has been the misinterpretation of the US Constitution. Many conservatives have a slavish devotion to the document, placing it on a par with the Ten Commandments and New Testament. … Continue reading The Constitution Myth
Deep State Operative John Bolton In a talk which garnered little attention, one of the Deep State’s prime operatives, National Security Advisor John Bolton, cautioned of the enormous and escalating US debt. Speaking before the Alexander Hamilton Society, Bolton warned that current US debt levels and public obligations posed an “economic threat” to the nation’s … Continue reading Debt, Death, and the US Empire
Trump's Men! With the welcome departure of war mongering UN Ambassador Nikki Haley, the Trump Administration’s neocon tag team of death and destruction – Secretary of State, Mike Pompeo and National Security Advisor (NSA), John Bolton – have enthusiastically taken up where the repellent Haley has left off. It is highly doubtful that the former … Continue reading Mike Pompeo and John Bolton: Trump’s Tag Team of Death and Destruction!
