Last Thursday's wanton attack on a Syrian air field by the US and its bellicose actions toward North Korea have brought to the forefront the real cost of candidate Trump's landslide victory last November. Unlike most laymen, accountants, and financial analysts, economists look at cost differently. For economists, cost or more specifically, "opportunity cost," means … Continue reading The Cost of a Trump Presidency
Despite the widespread hope among libertarians, classical liberals, non-interventionists, progressive peaceniks, and all those opposed to the US Empire that it may have some of its murderous reins pulled in with the election of Donald Trump, it appears that such optimism has now been dashed. While the hope for a less meddlesome US foreign policy … Continue reading The American Empire and Economic Collapse
If there had been any doubt that the land of the free and home of the brave is now a totalitarian society, the revelations that its Chief Executive Officer has been spied upon while campaigning for that office and during his brief tenure as president should now be allayed. President Trump joins the very crowded … Continue reading Welcome to Totalitarian America, President Trump!
John Connally, President Nixon's Secretary of the Treasury, once remarked to the consternation of Europe's financial elites over America's inflationary monetary policy, that the dollar "is our currency, but your problem." Times have certainly changed and it now appears that the dollar has become an American problem. In a recent interview with the Wall Street … Continue reading Donald & the Dollar
Although history does not exactly repeat itself, it does provide parallels and sometimes quite ominous ones. Such is the case with the current U.S. Presidential election and the one which occurred one hundred years earlier. The dominating question which hung over the 1916 campaign was whether the country would remain neutral in regard to the … Continue reading The Donald Versus Killary: War or Peace?
Antonius Aquinas 