STAFF NEWS & ANALYSIS
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August 01, 2014
Bail out. The party's over! That's what we're reading in some publications now that markets have taken a tumble. We're not so sure. Our short-term perspective has been that this faux Wall Street Party can go on at least until the fall – as we've been writing ...
August 01, 2014
Those that honor us with their patronage know that we have been ahead of the proverbial curve when it comes to what we call the marijuana meme. This poll proves it once more. Think about it. Does the Canadian government takes polls and advertise them on subject ...
July 31, 2014
Recovery? Really? Now the trumpets are sounding for a US recovery, but as we've pointed out many times, what is going up mostly is the stock market as the Fed determinedly debases currency. And as we've predicted, Ms. Yellen has no intention of stopping. She is ...
July 31, 2014
Boy, this is a patronizing story from the New York Times. It basically says that people are stupid and they should be rioting in the streets over "income disparity." They just don't know it yet! We're well aware of this meme, and have written about it a lot. We ...
July 30, 2014
So we learn that Abenomics is not working so well. Okay ... we never expected it to. Honestly, where has a Keynesian economic program ever really rebuilt an economy? FDR tried it in the US, but the US economy didn't recover until the end of World War II when vi ...
July 30, 2014
The New York Times is out with what is apparently intended to be a definitive history of why marijuana was criminalized. This is a very important issue because the sudden reversal in marijuana laws and regulations is bringing up a question about criminal justic ...
July 29, 2014
Here is an article that probably has been written to remind people that it is possible to approach the stock market rationally using the tools provided by Great Minds. The subtext of the article is the efficacy of modern portfolio theory, which we shall see is ...
July 29, 2014
We've predicted this in a series of articles. Enforced scarcity is how the power elite initiates further globalism and exercises controls. Of course, the mainstream media is sure there's a water problem, one that is only going to be compounded by a capitalist t ...
July 28, 2014
If the government or mainstream media say something definitive, assume the opposite. This article explains to us that the Fed has little power to create "irrational" bubbles. And that the current stock bubble – bigger than any bubble in history – is a ratio ...
July 28, 2014
We are very sad for the chief Ebola doctor, Umar Khan, who is only 39 years old and a valiant fighter against this terrible disease. Wikipedia describes it as follows: "Manifestation of Ebola begins abruptly with a sudden onset of an influenza-like stage charac ...
July 25, 2014
It began with a bizarre statement by Janet Yellen. "Monetary policy faces significant limitations as a tool to promote financial stability," Yellen told an audience at an event put on by the International Monetary Fund. We covered this announcement via a write- ...
July 25, 2014
This article supports the meme that the mainstream media in the West is engaged in a meaningful news exercise. It is not, but pretending it is sustains the larger media fiction. It is amazing how intricate journalism has gotten in the past century. Unfortunatel ...
July 24, 2014
The news regarding Colombia's intention to legalize marijuana – as yet little reported in the wider, Western world – is truly shocking, though regular readers of our publications will not be much surprised. More than almost any other publication we know of, ...
July 24, 2014
Our perception has changed. Once this article would have made a kind of sense to us (long ago). But it surely doesn't now. It's jam-packed with various sorts of financially illiterate assumptions. Sorry for picking on it; there are hundreds if not thousands of ...
July 23, 2014
This UK Telegraph article, predictably by Ambrose Evans-Pritchard, gives us some more insight into how China's impossible boom has been created, leveraged and elongated, possibly to the breaking point. It's not a pretty picture. Years ago, we began to write tha ...
July 23, 2014
We heartily encourage people not to vote. Your vote doesn't really matter within the larger scheme of things. Anyway, many voting districts are so gerrymandered that the incumbent would have to perform a ghastly crime in broad daylight to stand any chance of lo ...
July 22, 2014
This pernicious elite meme amply illustrates what we call directed history. In this case endless articles are appearing to explain why the dollar is in terminal decline as the BRICS (including South Africa) are ascending. We last wrote about this issue here: Do ...
July 22, 2014
Will Rand Paul be the next US president? We believe it's perfectly possible, and thus we've been following this meme. Now it seems Rand Paul – and the news media – are coining a new phrase, "conservatarian." We weren't familiar with the term, but we found n ...
July 21, 2014
This is an interesting article because it shows clearly that controlling the Fed's business practices is a kind of non-starter. Reining in Fed behavior won't make a real difference. The article revolves around a Republican proposal having to do, in part, with r ...
July 21, 2014
US fedgov is going to reduce sentences for drug offenders. With a push on to decriminalize and legalize drugs, why should people continue to stay in jail? We asked that question a while ago and now have our answer. People won't. A bigger question, of course, is ...
July 18, 2014
Dominant social themes are almost always economically literate. But rarely do we discover linkages that allow the presentation of two at once. This article offers one untruth – that robots will put almost everyone out of work – and then compounds it with an ...
July 18, 2014
There are two ways to confront this wrongheaded Reuters editorial. One way is by pointing out that aggregators like Google (and others) are protected by various legislative and court rulings that allow them to post the most salacious and destructive information ...
July 17, 2014
Nope. We are past believing in such fantasies as a trillion dollar company. These will not be companies but titanic mercantilist organizations. Of course, for smaller, nimbler companies, such vastness is a good thing. As stock markets climb and trillions slosh ...
July 17, 2014
We've noticed this meme is gaining popularity "on the left." The idea is that tax-exempt social welfare organizations should not engage in politics, and that when the IRS began to examine these organizations, Republicans moved in with trumped up charges because ...
July 16, 2014
This is one of the better articles we've read in the mainstream media recently because it efficiently covers two sides of the Western economic argument. Only at the end does it fail to come to logical conclusions. But what it does provide is both entertaining a ...
July 16, 2014
Japan is going to create a standing army; supposedly truculent Premiere Shinzo Abe is leading the way. But there seems to be another side to Abe. Apparently, he can be politically astute and considerate when he wishes to be. At least that's what we read in The ...
July 15, 2014
This article from Slate makes several arguments regarding higher taxes: Taxes are necessary and higher taxes are even more important for social comity. Why the "left" (if we can characterize Slate a leftist rather than corporatist) always seems to want to justi ...
July 15, 2014
We cover dominant social themes and often you find these in the mainstream media. But sometimes a meme is revealed by its absence. One such case is this article posted at the World Socialist Website, which provides us with an elite theme that has not really bee ...
July 14, 2014
Another article, among thousands every year, explaining how the Fed can be more effective if it would just do ... this. Or that … The rhetorical element always involves explaining what the Fed has done wrong, and continues to do wrong, and why the Fed can bec ...
July 14, 2014
Here comes The Atlantic magazine – that bastion of international socialism – with a scathing article about the US's rising lawlessness. Of course, we have no idea why this article appeared in The Atlantic, a publication dedicated to advancing an ever-closer ...
July 11, 2014
Al Jazeera wants to make sure that people are aware that tax cuts are not beneficial. Presumably additional taxes would be helpful, using this logic. These sorts of articles remind us of why US citizens in particular are economically illiterate. Of course, the ...
July 11, 2014
Thank goodness for a do-nothing US Congress. We've written about this before but it is worth repeating. Every law and regulation produced at a federal, state or local level in the US – or in the EU, anywhere really – is a price fix, a redistributive act, ta ...
July 10, 2014
The temptation always is to believe that Russia and China operate systems that are much different than the West's. But perhaps not. Two recent articles remind us that what seems separate includes significant elements of compatibility. The world's leaders run in ...
July 10, 2014
Anthony Evans-Pritchard has made a bold statement in the pages of the UK Telegraph, the newspaper he writes for: He is predicting the eventual implosion of the oil and gas industry. Of course, green-energy types have been predicting the end of oil and gas for d ...
July 09, 2014
Her Majesty's Revenue & Customs doesn't have enough power, or so the British Parliament is told. HMRC wants to be both judge and jury when it comes to recalcitrant taxpayers. It wants to the ability to "raid bank accounts" and to do so without a court warrant. ...
July 09, 2014
Another meme is souring. We've tracked the gradual decline of movies, television, modern art and meaningful fiction. Now we see the same thing when it comes to popular music. And we should note that popular music has had a strong run in Western culture ever sin ...
July 08, 2014
Oh, boy ... Renzi! Here is a modern technocrat and a darling of Reuters. Let's see what his esteemed qualities can tell us about the globalist agenda generally. This article, unlike most, seems to make it fairly clear. Renzi is held up as everything that is goo ...
July 08, 2014
From the perspective of the power elite, there's a lot riding on the success of the climate change meme. But it's not really working out. The idea apparently was that a carbon crisis would allow governments to centralize regulation in the UN and to spread it ar ...
July 07, 2014
Amazing. Ms. Lagarde regards the stagnating economy worldwide and advises ... more government involvement. Reuters and other major media pick up her speech and report it without any further commentary. And thus we understand the following: The global economy is ...
July 07, 2014
Dominant social themes having to do with civil unrest are piling up quickly now. This article above is a kind of elaboration on a theme, but no less troubling for that. Previously, we covered the "neo-French Revolution" meme, in which the power elite seems to b ...
July 04, 2014
Central banks cannot do anything to avoid asset bubbles and subsequent crashes, according to the head of the world's most powerful central bank, Janet Yellen. We had to read this article twice to make sure we were "getting it." Yellen has decided that screwing ...
July 04, 2014
We are not surprised by the declining confidence of citizens in the US government. What is there, after all, to be confident about? Congress is posturing and ineffective. The president continues to centralize and further regulate large chunks of the US economy, ...
July 03, 2014
This is a negative article about a powerful man. President Obama has changed the way US citizens receive health care and now he is convulsing the nation's southern border by deliberately abrogating its security. Love him or hate him, if Obama succeeds in changi ...
July 02, 2014
So here is yet another wrinkle, Class V shares. Are they, finally, a panacea? Probably not. Corporations get bigger and bigger, and the people running them accumulate more and more power and wealth. That would be fine if corporations were an outgrowth of the fr ...
July 02, 2014
The Washington Post has leapt to the defense of Facebook. Both Facebook and the Washington Post are affiliated with US Intel, from what we can tell, so it's probably not surprising. Facebook recently ran an experiment on its users to see if what they read over ...
July 01, 2014
What an article! Only by treating most every statement as false can we begin to approach the truth. The excerpt notes that corporations are not "taking advantage of the booming stock market to step up investment." In a way, this is surely untrue. Corporations h ...
July 01, 2014
Al Jazeera uses euphemisms in this article because the reality is incendiary. President Barack Obama is not "going it alone" on immigration reform. He is breaking down the borders of the country he is supposed to defend – illegally so. He may scold Republican ...
June 30, 2014
This is the second recent article we've noticed that predicts that rich people are going to be attacked over income inequality. Here was our analysis of the previous one: An Unfortunate Politico Promotion? Nick Hanauer, author of the Politico article, was obvio ...
June 30, 2014
The nightmare of law enforcement is having crime go down when criminal acts are legalized. That seems to be what's happening when it comes to marijuana. The above Drug Policy Analysis article was reposted around the Internet because it makes this point. And one ...
June 27, 2014
What nonsense is this? A small group of good gray men announce they are fixing prices throughout Great Britain; the West's supine press has nothing to say? These same individuals describe their actions as "significant" and "breaking new ground." Indeed, it woul ...
