Robert Wenzel presents the “confession” of Noble Laureate Joseph Stiglitz.
Archive for September, 2016
Danger for investors
“…anybody with any objective, critical, independent mind can tell this is an unsustainable, very ephemeral rally in stocks that has occurred since 2009. And when the bond market breaks, when that bubble bursts, it will wipe out every asset — everything will collapse together — because everything is geared off of that so-called ‘risk free’ rate of return.”
Source: Michael Pento: “These Are The Most Dangerous Markets I’ve Ever Witnessed”
Taking Janet Yellen to task
“Playing Politics In honest capitalism, you do what you can to get other people to voluntarily give you money. This usually involves providing goods or services they think are worth the price. You…”
Source: Janet Yellen’s Shame
Worse Than 1929?
“Greg Hunter’s USAWatchdog.com Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!” Stockman war…”
Source: USA Watchdog Interview: Current Stock And Bond Bubbles Much Worse Than 1929
Wall Street and the federal government’s revolving door
For another perspective on the revolving door see Murray Rothbard’s monograph, Wall Street, Banks and American Foreign Policy.
“April 2015, Zero Hedge: “Gregg Berman will find a hospitable and well-paid position after spending 6 years defending the well-paying HFTs lobby. In all likelihood Berman will join the NY Fed’s shadow trading desk and the world’s most leveraged hedge fund, Citadel itself.”September 2016, WSJ: “Gregg Berman joins Citaldel.”
Source: The SEC’s Former Top “HFT Expert” Joins HFT Titan Citadel
The Clinton Reality Show: “Scandals”
“Clinton Scandal Ritual: lie, deny, revise, claim not to remember specifics, stall for time. When it passes, call the story “old news” full of questions that have already been answered. ‘As I’ve repeatedly said . . .'”
Source: “Why Don’t They Trust Her”: A Look At One Of Hillary Clinton’s Early Scandals
Clinton Foundation’s main charitable work: their crony friends and themselves
‘Lawless ‘pay-to-play’ enterprise’
Source: Just 5.7 Percent Of Clinton Foundation Budget Actually Went To Charitable Grants Via @dailycaller
Free ebook this weekend
FREE ebook download! Saturday and Sunday, September 17 and 18. Please share this announcement with others.
On the occasion of the 50th anniversary of the CIA , I am pleased to announce that my ebook The CIA, Terrorism, and the Cold War: The Evil of the National Security State will be free for anyone to download on Amazon.com for two days this weekend, Saturday and Sunday, September 17 and 18.
The CIA, of course, is one of the three principal components of the national-security establishment, the other two being the Pentagon and its vast military establishment and the NSA. Since its inception in the latter half of the 1940s, the national-security establishment has grown into the most powerful branch of the federal government, one to which the other three branches inevitably defer.
The conversion of the federal government to a national-security state, a structural change that was done without a constitutional amendment, was the biggest mistake the American people have ever made.
Here was the genesis of America’s regime-change operations, some of which intentionally and knowingly have destroyed democratic regimes. Iran, Guatemala, Cuba, Chile, Indonesia, Iraq, Libya, Syria, Nicaragua, and Congo come to mind, to mention just a few.
Here was the genesis of America’s assassination program, which has murdered or attempted to murder countless people without due process of law and trial by jury. Fidel Castro, Operation Condor, Operation Phoenix, and the current ongoing assassinations in the Middle East come to mind.
Here was the genesis of America’s torture program. MKULTRA comes to mind. So does the secret hiring of Nazi officials at the end of World War II.
The CIA has been at the heart of all these dark-side activities and many more ever since its founding on September 18, 1947.
Thirty days after the assassination of President John F. Kennedy, the Washington Post published an op-ed by former President Harry S. Truman, in which he suggested that the CIA had become a dark and sinister force.
From the very beginning, the CIA and the rest of the national-security establishment used the Cold War against America’s World War II partner and ally, the Soviet Union, as well as a supposed international communist conspiracy that was supposedly trying to take over America, to justify its existence and its dark-side activity. The CIA and the rest of the national-security establishment said it was necessary for America to become a national-security state — temporarily, of course — until the Cold War was over.
Well, the Cold War is over. It ended some 25 years ago. Since then, all that the CIA and the rest of the national security establishment has done is embroil the United States in endless war, which, needless to say, is used to justify the continued existence of the national-security state and also used to justify the destruction of liberty, privacy, and prosperity here at home.
The abolition of the CIA, as well as the dismantling of the rest of this Cold War dinosaur, is long past due. Not only has it brought untold suffering to people around the world, not only has it generated deep-seated anger and hatred for America, it has also destroyed our freedom, our privacy, and our base of economic prosperity here at home, especially given the federal government’s out-of-control spending and debt.
It is with the aim of restoring a free, peaceful, prosperous, moral, and harmonious society that The Future of Freedom Foundation is offering The CIA, Terrorism, and the Cold War: The Evil of the National Security State as a free download this Saturday and Sunday at Amazon.com.
Please share this announcement with others.
Why the Iranians fear Israel
‘Former Secretary of State Colin Powell blew the lid off Israel’s hush-hush nuclear program — saying the country has 200 warheads pointed at Iran, according to his hacked emails. In the March 2015…”
Source: Israel has 200 nukes pointed at Iran, according to Powell emails
Playing hardball with the FBI. It’s about time.
“You don’t get to decide what I get to see. I get to see it all.
Source: Chaffetz Obliterates Stunned FBI Official; Serves Him With A Subpoena During Testimony