Never underestimate the stupidity the U.S. Congress.
“U.S. President Donald Trump grudgingly signed into law new sanctions against Russia, a move Moscow said amounted to a full-scale trade war.”
Source: Trump signs Russia sanctions bill, Moscow calls it ‘trade war’
I will be the keynote speaker in Philadelphia End the Fed block party. Hope you will join us. For more information see the Facebook page, End the Fed Block Party.
“The Fed has embarked on six such efforts in the past — in 1921-1922, 1928-1930, 1937, 1941, 1948-1950 and 2000. Five ended in recession,…”
Source: The Fed’s about to try something that almost always has ended in recession
I am currently reading several of Hazlitt’s great books for my new book on the welfare state.
“Economics is haunted by more fallacies than any other study known to man. This is no accident.”
Source: The First Economics Lesson
“Christians in the pews know the capitalism is a tremendous benefit. Christian college professors don’t agree.”
Source: Anti-Capitalist Christian College Professors Who Know Nothing About Economics
Too bad the senator is not a consistent defender of individual liberty. He is smart, so maybe there is hope.
“U.S. Sen. Cory Booker says marijuana laws disproportionately hurt minority communities.”
Source: Booker pushes to legalize marijuana across the nation
“Progress is slow. That’s what I’ve learned – and come to expect – after twenty-plus years at this post, commenting on world events and swimming against the tide. However, after all this time, it looks to me as if the tide is turning – slowly, unevenly, yet surely – against the War Party. Oh yes, … Continue reading “The End of Globalism”
Source: The End of Globalism – Antiwar.com Original
When the bubble pops Trump is going to look silly and get blamed for the fallout.
“Stock Market could hit all-time high (again) 22,000 today. Was 18,000 only 6 months ago on Election Day. Mainstream media seldom mentions!”
Source: Trump Tweets Dow 22,000 Today: Embraces Big, Fat, Ugly Bubble
The Maestro sounds like the “hard-money” Greenspan of the 1960s.
Source: EconomicPolicyJournal.com: Alan Greenspan Warns About the Bond Market