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US 'Democracy Promotion' Destroys Democracy Overseas
March 24, 2014
It was almost ten years ago when, before the House International Relations Committee, I objected to the US Government funding NGOs to meddle in the internal affairs of Ukraine. At the time the "Orange Revolution" had forced a regime change in Ukraine with the h ...
Bill Murphy on Money Manipulation and the Future of Gold
March 23, 2014
The Gold Anti-Trust Action Committee (GATA) was formed in January 1999 by my colleague Chris Powell and myself to expose and oppose the manipulation and suppression of the price of gold. Initially we thought that the manipulation of the gold market was undertak ...
As Predicted, Stocks Make New Highs
March 22, 2014
The sky is falling. The seas are rising. The ground shakes. The very fabric of space and time trembles. And stocks go up. This is called "The Wall Street Party." The power elite that in aggregate organizes central banking policy and is responsible for foreign p ...
Emergent Questions About the US Constitution
March 21, 2014
This editorial makes the case that the US framers who wrote the Constitution intended to have a powerful chief executive who could make broad decisions in a short period of time. However, the reality of the US Constitution is that the framers were under specifi ...
Uruguay Looks to Canada for Its Weed?
March 21, 2014
We've focused our analysis of the emerging marijuana meme on the inevitability of decriminalization and even legalization around the world. We've gotten some pushback (from feedbackers) as well; the argument is that what has happened so far is merely a disconne ...
The US Is Recovering but Britain Isn't? Don't Believe It
March 20, 2014
This story is interesting for two reasons: It speaks the truth about Britain's non-existent recovery and it lies about the US one. First, Britain: Indeed, the "recovery" that Britain is supposed to be having doesn't seem to be materializing. This is not surpris ...
Latest Climate Change Wrinkle: Skyscrapers Out of Wood
March 20, 2014
It's hard to believe this meme is taking off, but apparently it is. Just as with electric cars, there is no single person – not one – who woke up in the morning determined to live in a skyscraper made of wood. But nonetheless, the power elite that is behind ...
Hanging Winston Churchill – Vicarious Liability of Leaders
March 20, 2014
Is there a libertarian theory of vicarious liability? I first considered the question as a result of a humorous incident. It was the last night of a conference and a few of us were sitting on a couch in a lobby off the main lecture hall in which students were g ...
With New Study, BOE Tries to Revive Occupy Wall Street
March 19, 2014
There are two main props to the authoritarian force of modern capitalism, so far as we can tell. One is monopoly central banking and the other is corporate personhood. Both of these are enforced by law, which means if you somehow try to undermine either of thes ...
Bloomberg Editorial Supports Manmade Climate Change; Greenpeace Co-Founder Doesn't
March 19, 2014
Should we be concerned that US individuals don't care about global warming/climate change? Bloomberg thinks so. This ill-written editorial attempts to figure out why Republicans in particular discount manmade climate change. It is almost laughable to read an ed ...
Intellectual Property, Anyone?
March 19, 2014
There is a debate afoot now about whether one ever owns the likes of a novel, poem, computer game, song, arrangement or similar "intellectual" items. Some argue, to quote the skeptic, Professor Tom Bell of Chapman University's School of Law, "Copyrights and pa ...
Rating Agencies' Big Secret
March 18, 2014
This article goes against the common wisdom regarding rating agencies. In fact, this article concludes that ratings agencies' main purpose, from the point of view of the big banks that use them, is to justify decisions to invest in risky, high-yielding product. ...
China Defaults: Long-Term Fog?
March 18, 2014
For years we've been aware of the tendency of many in the investment world to fool themselves about China. But not anymore. More and more articles are being written that recognize what's actually occurring in this great country – which must amount inevitably ...
Individual Self-Determination vs. Ukrainian or Russian Nationalism, Part I
March 18, 2014
The Ukrainian-Russian crisis over the de facto occupation of Crimea by Russian military forces, which has enveloped the concerns and fears of the world over the last weeks, revolves around two conflicting claims of national self-determination. It has, once agai ...
As Predicted, Ukraine Crisis Used to Argue for a Centralized Europe
March 17, 2014
One of the memes emerging from the Ukraine "crisis" is that the West is weak and the East is strong. Barack Obama is effeminate and Vladimir Putin is a bare-chested "he-man." We personally don't find Obama effeminate. He's scholarly, even studious in demeanor, ...
Gold Versus Bitcoin: An Unnecessary Argument
March 17, 2014
This article is an overt statement of a subterranean argument about gold. It encapsulates arguments regarding bitcoin versus gold that only add to the confusion. Bitcoin proponents often seem driven by a barely concealed contempt for gold – and even hatred. Y ...
If Spying on Senate Is So Bad, Why Is It OK for Them to Spy on Us?
March 17, 2014
The hypocrisy of Sen. Feinstein is astounding. She is the biggest backer of the NSA spying on the rest of us, but when the tables are turned and her staff is the target she becomes irate. But there is more to it than that. There is an attitude in Washington tha ...
Andy Hoffman on the Golden Bull, Failing Fiat and the Foundering of the Central Bank Economy
March 16, 2014
Andy Hoffman: "Whirlybird Janet," as she is already being referred to, will ultimately put "Helicopter Ben" to shame, by the time she's through. Frankly, who knows if the Fed will even survive the inflationary carnage of her four-year term? In 2013, TPTB used a ...
Ukraine Turmoil: Ramifications of a Questionable Crisis
March 15, 2014
When it comes to geopolitical unrest, one has to look long and hard at a variety of scenarios and ramifications to begin to discern various "truths." Such events are manmade, of course, and in the "era of the Internet," we can often see a kind of directed histo ...
Ukraine: Authorities Win, Citizens Lose
March 14, 2014
The Great Game continues. We are supposed to be mesmerized, and to forget the problems of society and how the system contributes to them. Instead, we are reminded of how Leviathan protects us and keeps us safe. As tensions rise, attention turns to "armed forces ...
Easing of US Penalties for Drug Users Advances the Marijuana Meme?
March 14, 2014
We are searching for reasons why US fedgov officials would suddenly want to create a "fairer justice system." All we can come up with is that so many other things are going badly at a high level, "reforming" the system – or at least talking about it – can g ...
The Failure of German Leadership
March 14, 2014
Merkel Whores For Washington - Washington, enabled by its compliant but stupid NATO puppets, is pushing the Ukrainian situation closer to war. German Chancellor Merkel has failed her country, Europe, and world peace. Germany is the strength of the EU and NATO. ...
Are Business Cycles Driven by City Bonuses? Really?
March 13, 2014
We have addressed this issue before, because it is a primary dominant social theme. But it needs occasional refreshing. In fact, it cannot be stressed too much that it is central banking that creates bubbles and then ruinous disinflations. Alan Greenspan and Be ...
'A Change Is Gonna Come'
March 13, 2014
This is a good article that leaves out a very important point. It's good because it does try to explain UKIP's attraction in Britain. It is less good, in our view, because it does not mention the part that the Internet has played in the rise of freedom movement ...
Lincoln and the Gettysburg Gospel
March 13, 2014
It has been called "the Gettysburg Gospel" because Abraham Lincoln's 271-word speech in 1863 is a key document in the creation of "civil religion" in America. Ronald Beiner, a professor of political science at the University of Toronto, defined "civil religion" ...
Suit Against Gold Fixing Could Further Undermine Dollar Confidence
March 12, 2014
And so it begins. Regulators are looking into gold fixing in London. They haven't turned it into a formal investigation but they might. Deutsche Bank has resigned from the London gold-fix committee. Others are thinking about it. The Rothschilds resigned long ag ...
On the Cutting Edge of Marijuana Policy Sea Change
March 12, 2014
This is one of a number of articles recently written to try to explain why marijuana is becoming either decriminalized or legalized. These articles will continue to be written, though they are not convincing. It is as if quantity can make up for quality. But in ...
The Logic of Equalization
March 12, 2014
Recently my TV news station reported on how the Federal Communications Commission drafted an order to visit broadcast newsrooms and make sure they treated news items fairly, that they make balanced presentations of the pros and cons on various public policies. ...
Equal Rights vs. Special Privileges
March 12, 2014
One of the major evils of the welfare state in libertarian eyes is that it destroys the concept of objective law (i.e., equal rights under the law) throughout society. This is because the welfare state is based upon the violation of individual rights in order t ...
Nuclear Drama of Directed History?
March 11, 2014
One of the biggest dominant social themes of the power elite has to do with endowing lines on a map with personhood. That is, when a crisis needs to be whipped up, reporting immediately begins to refer to such nonexistent entities as nation-states. It's "Russia ...
Gun Law Chaos: Failing Connecticut Blows Up
March 11, 2014
Connecticut politicos have finally hit the proverbial wall. Following the Sandy Hook shootings of toddlers, Connecticut passed a radical gun-registration law. Here's how RT.com describes it: Legislation enacted after the December 2012 shooting at Sandy Hook Ele ...
The Continuing Relevance of F. A. Hayek's 'The Road to Serfdom'
March 11, 2014
Seventy years ago this month, on March 10, 1944, The Road to Serfdom by Friedrich A. Hayek was first published in Great Britain. For seven decades it has continued to challenge and influence the political-economic landscape of the world. Hayek delivered an omin ...
Economic Dysfunction! What, Oh, What Should We Do?
March 10, 2014
We refer you, dear reader, to yet another article (excerpted above) professing puzzlement as to how some Americans can be rich while so many remain poor. A proportion of US citizens are wealthy. Many are not. Household income is rising yet employment is not. So ...
Kerry's Climate Change Priority Signals a Revitalized Warmist Meme?
March 10, 2014
We've been writing about climate change a lot because we think the strategy behind this meme has morphed. We see a new wrinkle. Of course, globalists want to promote climate change as a way of controlling carbon dioxide in the air – and thus controlling indus ...
Can We Afford Ukraine?
March 10, 2014
Officially, US debt stands at more than $17 trillion. In reality, it is many times more. The cost of the US invasion of Afghanistan and Iraq may be more than six trillion dollars. President Obama's illegal invasion of Libya cost at least a billion dollars and l ...
George Burdeau on the Magna Carta, Subsistence Culture and the Future of Western Civilization
March 09, 2014
George Burdeau: The Magna Carta and then the Declaration of Independence and the US Constitution were in some sense part of a formal decentralization of power. But when you look around today, you can clearly see it's not enough. Western governments are extraord ...
Did Deregulation Cause the Great Recession … Or Monopoly Central Banking?
March 07, 2014
Whoops! Harlan Green is a good writer and sophisticated thinker, but his grounding is seemingly Keynesian; thus, this article, which appeared recently in the Huffington Post, drills down to unearth a rich vein of neo-socialist claptrap. Who is Mr. Green? "Harla ...
Cracking the Climate Change Code: OZ DOD Admits to Weather Manipulation?
March 07, 2014
We can't prove that globalist elites are manipulating the weather to justify international governance with an authoritarian caste. But it makes a lot of sense. We've already presented this view here: Climate Change and HAARP – A Working Relationship? Recall, ...
Qatar vs. Saudi Arabia: Next War?
March 06, 2014
Is Qatar the next hot spot? We know the West has been whipping up trouble throughout Northern Africa and the Middle East. And it's an open secret that the Anglosphere in particular has made trouble in Ukraine. But now it looks like the same thing may be happeni ...
Illegal Marijuana? The Dialectic Doesn't Fool Us Anymore
March 06, 2014
You might think from the way the Obama administration is treating certain individuals involved with marijuana that he intends to fight against legalization as hard as possible. You might think, therefore, that what seems to be a promising groundswell of support ...
What is the Good Life?
March 06, 2014
Every person has a different answer. Nevertheless, there are basic guidelines or advice that I believe benefits anyone looking for "the good life." Certainly they benefited me decades ago when I needed a door through which to exit the endurance contest that had ...
Propaganda Rules The News
March 06, 2014
Gerald Celente calls the Western media "presstitutes," an ingenious term that I often use. Presstitutes sell themselves to Washington for access and government sources and to keep their jobs. Ever since the corrupt Clinton regime permitted the concentration of ...
Secession – Logical Outgrowth of a Modern Reformation
March 05, 2014
We have often written that the Internet Reformation is a process not an episode and indeed, most of our analysis is based on the inevitability of its effects. So we are not surprised by the secession movement in the US, which we have referred to previously. It ...
Out-of-Ideas Obama – and the Budget Ramifications Are Profound
March 05, 2014
Well ... it's politics as usual in Washington DC. President Barack Obama, embroiled in an international confrontation, has a new budget to pump up that seemingly promises something for everyone. In fact, this is how a broken system works. US fedgov frankly recy ...
Drug Prohibition is Both Wrong and Unworkable*
March 05, 2014
Introduction. Many are growing increasingly skeptical of the claims by government officials about winning the war against drugs. Should this war be supported because a smaller percentage of teenagers use marijuana, or should it be opposed because a larger perce ...
As Europe Trembles, US Emerges as 'Safe Haven'?
March 04, 2014
Talk about the pot calling the kettle black. One could certainly say Merkel is out of touch with German reality, but she – and the German media – don't see it that way. The citizens of Angela Merkel's country are quite worried about being part of the euro a ...
Tim Cook at Apple: Massive Sell Signal?
March 04, 2014
Tim Cook has decided that if you believe in global warming you should buy Apple. If not, don't. This is certainly some sort of nadir for Corporate America, which has seen plenty of down moments. Thomas Jefferson warned against corporations and the US founding f ...
The Austrian Economists Who Refuted Marx (and Obama)
March 04, 2014
The president of the United States has publicly declared that he knows the minimum wage any worker in the United States should earn as an hourly salary: $10.10. Why not $11.11 or $9.99 has been left a mystery. But what the president is sure of is that businessm ...
Washington Post: Military Maneuvering is Putin's Fault
March 03, 2014
Is President Barack Obama weak? That's what a spate of articles has implied recently regarding Russia's apparent invasion of Crimea-Ukraine. The uprising in West Ukraine has resulted in the ousting of Ukrainian President Viktor Yanukovych. He has fled to East U ...
Freedom Is the Best Monetary Shaper of All
March 03, 2014
Robert Shiller wrote this article, and it caught our eye because it is so complex. Soon, you begin to feel like you're in the middle of a giant math exam. He's parsing this and deconstructing that. Before you know it he's juggling three – count 'em, three – ...
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