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Archive for July, 2016

Wild money printing

17 Jul

“One of the more preposterous deeds of modern central banking involves creating digital monetary credits from nothing and then using the faux money to purchase stocks.  If you’re unfamiliar with this erudite form of monetary policy this may sound rather fantastical.  But, in certain economies, this…”

Source: Destination Mars | Economic Prism

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, Economy, Free markets, Inflation, Politics, Stock market

 

A pessimistic perspective: war and economic turmoil

17 Jul

“On the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life.  But underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far. Let’s start with China.  On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea.  The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling.  In fact, China is becoming even more defiant in the aftermath of this ruling.  We aren’t hearing much about it in the U.S. media, but according…”

Source: War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think

 

An insightful assessment of our political culture

16 Jul

Law professor Butler Shaffer tells it like it is regarding our anti-humane culture.

Source: Thought Control

 
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Posted in Civil liberties, Corruption, Donal Trump, Hillary Clinton, Individual rights, Politicians, Politics, Progressives, Warfare state, Welfare state

 

There is “gold” in them hills

16 Jul

“A Twitter account of random facts has amassed millions of followers and big bucks for the 25-year old who runs it.”

Source: This 25-year-old makes $500,000 a year tweeting random facts

 
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Posted in Free markets, Innovation

 

This is as bad as it gets

16 Jul

“Is the Real Scandal the Clinton Foundation?,” TRNN, July 8, 2016.Michael Hudson says the media has failed to look beyond the emails and into potential conflicts of interest during Hillary…”

Source: The Clinton Foundation?

 

Hillary is the neocon in the presidential race

16 Jul

“As political leaders across the world swear to engage in total war against Isis in the wake of the massacre in Nice, not enough notice is being taken of the fact that the long-term prospects of the… ”

Source: A Hillary Clinton presidency could end up letting Isis off the hook

 
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Posted in Foreign policy, Hillary Clinton, Middle East, Military-industrial complex, Politics, President Obama, Presidential campaign, Warfare state

 

Gold is on a roll because real interest rates are negative

16 Jul

unnamedGold is in the second major bull market since President Nixon severed the last link between the dollar and gold on August 1971.  With negative interest rates around the world and real interest rates negative, gold will boom, again.

In the 1980s and 1990s real interest rates were positive and stock markets were booming, hence gold went nowhere.  That alla chnged at the turn of the century.

 

 

 
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Posted in Central banks, Gold standard, Inflation, Interest rates, Money

 

Clinton/Warren ticket?

16 Jul

Several years ago on the Next News Network I predicted Hillary would choose a female running mate. Warren would be the “attack dog” in the campaign allowing Hillary to take the “high road.”  

“Hillary Clinton held meetings at her Washington, D.C. home about her vice presidential selection, NBC News reports.”

Source: Clinton meets with Warren as VP decision nears

 
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Posted in Democrats, Hillary Clinton, Presidential campaign

 

Thumbs down for “maverick” Trump

16 Jul

How Trump blew his credibility by picking Pence.

Source: Dead Man Walking

 

A thumbs up for Trump

16 Jul

Illana Mercer on the Trump phenomenon.

Source: The Trump Revolution

 

Why the federal government is anti- free enterprise and anti-consumer

16 Jul

Sen. Booker is no friend of consumers. 

“A bipartisan bill was just introduced by Senators Cory Booker (D, NJ) and Mike Lee (R, UT) aimed at preventing federal programs that were…”

Source: USDA and Agribusiness Cartel Plot to Destroy a Small Business

 
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Posted in Corruption, Crony capitalism, Economy, Free markets, Politics, Regulations, Welfare state

 

Deja vu all over again?

15 Jul

Tom DiLorenzo points out the similarities of Reagan’s VP choice and Trump’s.

Source: Just a Coincidence?

 
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Posted in Donald Trump, Military-industrial complex, Politicians, Politics, Presidential campaign

 

New Jersey keeps getting on a bad list…and one that is off beat

15 Jul

“A new survey says N.J. has America’s most miserable town, but it’s also among the state’s 100 “kinkiest” communities. Below are both lists.”

Source: N.J. Has America’s Most Miserable Town — But It’s Among State’s 100 ‘Kinkiest,’ Surveys Say

 
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Posted in Economy, Education, Employment, Healthcare, New Jersey, Politicians, Poverty, Welfare state

 

Invisible Black Lives Lost

15 Jul

“Twenty-one murder victims were not killed by white cops, they are invisible men. Evidently, these black lives don’t matter.”

Source: What About Other Black Lives Lost?

 
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Posted in Crime, Police, Politicians, Politics, Race

 

Buffett needs some guidance on his charitable contributions

15 Jul

If Mr. Buffett wants his charitable contributions to help people in our society, I can suggest several organizations, beginning with BVMI in Hackensack, the Parker Family Health Center in Red Bank and the Zarephath Health Center in Somerset County. 

Source: Buffett Gives $2.2 Billion to Charity That Embraces Failure

 

 
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Posted in Philanthropy