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| George F. Smith - Barbarous Relic |
Inflation Inferno I |
Throughout history, governments have fought against the use of sound money. In 1912, Ludwig vonMises identified the reason for this:
The sound-money principle has two aspects. It is affirmative in approving the market's choice of a commonly-used medium of exchange. It is negative in obstructing the government's propensity to meddle with the currency system.Saturday, April 11, 2020 |
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| James Howard Kunstler |
Fever Pitch |
In case you’re worked up about the looming federal government shut-down, this is exactly how we’re supposed to roll in the long emergency: everything organized at the gigantic scale is going to wobble and fail. It’s nature’s way of saying, “get smaller, get realer, scale down, and get local.” The catch is, we probably won’t listen to nature. Instead, we’ll just behave like bystanders and do nothing until the full force of failure is upon us, just as we’re doing with climate change — the tragedy Friday, January 19, 2018 |
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| Lew Rockwell |
The Goldwater Movement |
From the July 2001 issue of The American Enterprise
Before the Storm: Barry Goldwater and the Unmaking of the American Consensus By Rick Perlstein, Hill and Wang, 671 pages, $30
“America would remember the sixties as a decade of the Left,” writes Rick Perlstein, in his fascinating and revisionist account of how the 1964 presidential campaign marked a new course of American political life. Really it was the “decade when the polarization began.”
The polarization concerned the role of government.Monday, December 18, 2017 |
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| Stewart Dougherty |
The War on Gold Intensifies: It Betrays the Elitists’ Panic and Augurs Their Coming Defeat (Part 2) |
Dictatorship (noun): Definition #3: absolute power or authority (Websters); Def. #2: absolute, imperious or overbearing power or control (Random House);Def. #3: Absolute or despotic control or power (American Heritage);Def. #3: Absolute or supreme power or authority (Collins English Dictionary);Def. #1: A type of government where absolute sovereignty is allotted to an individual or small clique (Wikipedia).“If you know the enemy and know yourself, you need not fear the result of a hundred battleSunday, December 10, 2017 |
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| George F. Smith - Barbarous Relic |
An outrageous proposal — or not |
A cry could be heard from somewhere in the room.
No one was surprised. This had been an unthinkable outcome for those in attendance, and a sense of quiet shock had overtaken everyone. This was not a G7 or a G20 summit. It was a meeting deliberately without a label. It would never again happen. It couldn’t.
The leaders of the world’s states had gathered to find solutions to the problems they feared were threatening human life on earth. They were reminded of the incessant wars, the likWednesday, October 25, 2017 |
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| James Howard Kunstler |
Into the Cold and Dark |
It amuses me that the nation is so caught up in the sexual mischief of a single Hollywood producer when the nation as a whole is getting fucked sideways and upside down by its own political caretakers.
Behind all the smoke, mirrors, Trump bluster, Schumer fog, and media mystification about the vaudeville act known as The Budget and The Tax Cut, both political parties are fighting for their lives and the Deep State knows that it is being thrown overboard to drown in red ink. There’s really no wayFriday, October 20, 2017 |
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| Jim Willie CB - Hat Trick Letter |
Turning Point Nations On The Stage |
Many are the turning points with individual nations, once firmly in the Western alliance camp, but no longer. They are flipping eastward or in the case of China cutting the major cords. The Shanghai developments are by far the most important in the financial setting. The Petro-Dollar is seeing its last months after a 43-year reign as defacto standard. Its retirement will begin in the East, then spread to the decaying loyal Western nations. The entire geopolitical chessboard is becoming more aligThursday, October 12, 2017 |
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| Jim Willie CB - Hat Trick Letter |
Enter The NatGas Cartel |
The King Dollar is mortally wounded. Many notice but the masses seem largely unaware. Since 1971, the Gold Standard has been removed from its anchor position. But since 1973, the Petro-Dollar has taken its place. It has called for crude oil sales led by the Saudis and OPEC to be transacted in USDollar terms, for oil surpluses to be stored in USTreasury Bonds, and for some kickbacks from the Saudis to the USMilitary complex for weapons purchases. Of course, the US is ready willing and able to creFriday, July 7, 2017 |
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| Ron Paul |
Save Liberty, Shut Down the Government |
Congress ended the week by passing a continuing resolution keeping the government funded for one more week. This stopgap funding bill is designed to give Congress and the White House more time to negotiate a long-term spending bill. Passage of a long-term spending bill has been delayed over objections to Republican efforts to preserve Obamcare's key features but give states a limited ability to opt out of some Obamacare mandates.
This type of brinkmanship has become standard operating procedure Monday, May 1, 2017 |
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| Ron Paul |
Regardless of How America Votes, Americans Want a Different Foreign |
I have said throughout this presidential campaign that it doesn't matter much
which candidate wins. Both Donald Trump and Hillary Clinton are authoritarians
and neither can be expected to roll back the leviathan state that destroys
our civil liberties at home while destroying our economy and security with
endless wars overseas. Candidates do not matter all that much, despite what
the media would have us believe. Ideas do matter, however. And regardless of
which of these candidates isMonday, November 7, 2016 |
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| Ron Paul |
Blame Government, Not Markets for Monopoly |
When Time-Warner announced it planned to merge with another major communications
firm, many feared the new company would exercise near-total monopoly power.
These concerns led some to call for government action to block the merger in
order to protect both Time-Warner's competitors and consumers.
No, I am not talking about Time-Warner's recent announced plan to merge with
AT&T, but the reaction to Time-Warner's merger with (then) Internet giant
AOL in 2000. Far from creating an untouchaMonday, October 31, 2016 |
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| Nelson Hultberg - AFR.org |
The New Totalitarianism |
It is vitally important for Americans to understand that the collectivist dictatorship of the future (that writers like Aldous Huxley and George Orwell were warning us about) is not going to take over our country instantaneously as in Nazi Germany or violently as in Soviet Russia, and certainly not by openly declaring that it is going to take over. It is coming about very slowly and subtly by the adoption of false ideas and a subconscious self-deception among the intellectuals that lead our natiWednesday, September 28, 2016 |
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| Tom DiLorenzo - lewRockwell |
We Need Secession and Nullification |
In his new book Nullification: Reclaiming Consent of the Governed, Clyde Wilson pinpoints the folly and futility of “presidential politics” – of hoping against hope that some Great Savior will somehow restore American liberty. Only those who are almost completely ignorant of American history could be fooled by such a farce. Unfortunately, that seems to include most Americans.
Early Americans were never so naïve as to believe that national politicians could preserve their freedom; that was theiSunday, September 4, 2016 |
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| Graham Mehl |
The 10 Worst US Presidents – Chuck Baldwin |
This is not a political blog, but since policy and economics are inextricably linked, and this column states many facts that are conveniently omitted by the history books, here goes nothing. Note that Chuck Baldwin shows no inclination to political parties – a refreshing approach in today’s ‘my clown is better than your clown’ political mentality.
A few days ago, I posted my list of the top ten worst U.S. presidents on my Facebook page. See (and hopefully “Like”) my Facebook paSunday, September 4, 2016 |
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| Jason Hamlin - Gold Stock Bull |
How Will Trump, Clinton and This Contentious Election Season Impact Gold |
This election season is shaping up to be an extremely contentious one, with emotions running high, rigged primaries, pending lawsuits, threats of violence and deep-rooted hatred between supporters of Trump versus Clinton. The stock market looks like another massive bubble waiting to burst and any number of black swan events could be the needle that finally the bubble and causes the phony recovery to come tumbling down.In today’s article, we take a look at how the election season could impact youWednesday, August 10, 2016 |
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| Mish - Global Economic Analysis |
Why Did the UK Enter the EU in the First Place |
Looking back, one really has to wonder why the UK subjected itself to all the inane EU nannycrat rules and regulations in the first place.
I can explain. Many readers sent me this explanation, but I also used it before on my blog long ago.
Please consider this clip from the British TV show “Yes Minister”.
The clip it is amazingly funny. Play it.
Email Comments
From Pater Tenebrarum at the Acting Man blog.
I recently wrote this to my totally Europhile European email group, which has hedge funMonday, June 27, 2016 |
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| James Howard Kunstler |
Lower Away! |
I hope you’re enjoying these horse latitudes of the political year, when the seas suddenly turn glassy and the Berning sun begins to roast all the diverse and inclusive hands on Hillary’s deck, who wait in anxiety for the first sign of a fresh breeze to push them toward landfall, while, meanwhile, full fathom five below the dead calm waters the leviathan Trump waits in his comfortable darkness, circling forward, circling back, solitary, malevolenMonday, May 23, 2016 |
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| James Howard Kunstler |
Trumptopia |
For years, it was easy to see the political storm clouds gather over Europe with its fractious coalitions and its ancient babble of conflicts. Marine Le Pen’s Daddy, severe old Jean-Marie, was on the scene in France decades before Donald Trump ascended to glory on the noxious clouds of America’s crapified culture, attended by heavenly hosts of Kardashian angels and the cherub Honey BooBoo.
For all the strains in recent American life, the two-partMonday, May 9, 2016 |
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| Nelson Hultberg - AFR.org |
The Warmongers |
The Iraqi war was launched in 2003 by George W. Bush and the officials he gathered into his administration (Dick Cheney, Donald Rumsfeld, Paul Wolfowitz, Richard Perle, et al). They believed it was necessary in order to defend our country against the terrorist threat that arose from the World Trade Center attack on September 11, 2001. And, yes, they lied (or at the very least pushed unjustifiable intel) about WMD being developed by Saddam Hussein to justify the invasion.
In the minds of many AmeSunday, February 21, 2016 |
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| 24hGold - Reuters |
Gas from Israel's Leviathan could reach markets by late 2019 -Noble manager |
TEL AVIV, Jan 31 (Reuters) - Partners in Israel's Leviathan natural gas field should reach a final investment decision by the end of 2016 if government and regulatory approvals are granted as hoped, an official of the companies involved said. That would enable the first gas from the field to reach markets by the last quarter of 2019, Bini Zomer, the Israel country manager for Noble Energy, said on Sunday. Holding estimated reserves of 622 billion cubic meters off Sunday, January 31, 2016 |
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