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Archive for May, 2019

Hey, Phil Murphy: Don’t raise the rebates, end them; They’re just an excuse to raise taxes | Mulshine – nj.com

14 May

Why the income tax should be eliminated.  It is a piggy bank for politicians.

Source: Hey, Phil Murphy: Don’t raise the rebates, end them; They’re just an excuse to raise taxes | Mulshine – nj.com

 
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Socialism has Robbed the Economic Future of Millennials | Armstrong Economics

14 May

Source: Socialism has Robbed the Economic Future of Millennials | Armstrong Economics

 
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Judy Shelton, Trump’s Next Fed Choice, Favors a Gold Standard and Free Trade – Mish Talk

13 May

Economist Judy Shelton, a Trump economic advisor and a gold standard advocate is rumored to be Trump’s next Fed pick.

Source: Judy Shelton, Trump’s Next Fed Choice, Favors a Gold Standard and Free Trade – Mish Talk

 
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Iraq Déjà Vu with Iran – The Future of Freedom Foundation

13 May

Given U.S. National-Security Advisor John Bolton’s war-provoking antics with Iran, I’m getting that déjà vu feeling with how President George W. Bush and his team of interventionists took the U.S. to war with Iraq. Of course, the first question that naturally arises is: Who’s the real acting president, Donald Trump or John Bolton? The Washington Post reports that Trump is lamenting that Bolton wants to get him “into a war.” So, who’s in charge — Bolton Continue Reading

Source: Iraq Déjà Vu with Iran – The Future of Freedom Foundation

 
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My book about the Federal Reserve will be published very soon. In the meantime, enjoy the recent interview.

12 May
https://youtu.be/yye-s7FMKgs

Below is a recent interview.

 
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It’s time for Trump to stop John Bolton and Mike Pompeo from sabotaging his foreign policy | Mulshine – nj.com

12 May

Trump should send these warmongers back where they came from.

Source: It’s time for Trump to stop John Bolton and Mike Pompeo from sabotaging his foreign policy | Mulshine – nj.com

 
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Iran, Make My Day, Says Trump

11 May

Is it just a coincidence that TV networks are re-running old ‘Dirty Harry’ films just as a powerful US Naval armada and Air Force B-52 bombers are headed for what could be a clash with Iran?  Here we go again with the ‘good guys’ versus the ‘bad guys,’ and ‘make my day.’ Maybe it’s more bluffing?  The current US military deployment was scheduled before the latest flare-up with Iran, but the bellicose threats of White House neocon crusaders like John Bolton and Mike Pompeo certainly create the impression that the US wants war. Adding to the warlike excitement, President Trump … Continue reading →

Source: Iran, Make My Day, Says Trump – LewRockwell

 
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Beware Of The “Permanently High Plateau” Fallacy

09 May

… belief that “this time is different!” and “we are in a new paradigm!” is one of the classic hallmarks of economic bubbles.

Source: Beware Of The “Permanently High Plateau” Fallacy

 
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How Trump’s Attacks On Powell Led To Collapse Of China Trade Talks

09 May

“Why would you be constantly asking the Fed to lower rates if your economy is not turning week?”

Source: How Trump’s Attacks On Powell Led To Collapse Of China Trade Talks

 
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Blain: “Are We Finally Approaching The Top Of The Second Tech Bubble”

08 May

Those of us who remember the peak of the Dot.Com bubble will recall the improbable pet-food companies funding at 100x multiples just before that popped.

Source: Blain: “Are We Finally Approaching The Top Of The Second Tech Bubble”

 
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On Venezuela, Tucker Airs Anti-Interventionist Ideas 

08 May

Rachel Maddow doesn’t think John Bolton is being hawkish enough. John. F…..g. Bolton. On a recent segment about Donald Trump’s controversial phone call with Vladimir Putin, Maddow expressed concern for the way the White House’s mustachioed Thanos wannabe has been unable to push back against Russian interests in Venezuela with sufficient aggression. She discussed Trump’s nonsensical claim that Russia isn’t active in the affairs of its ally Venezuela (which propaganda mouthpieces like Maddow are calling “interfering” now), then went on a rambling tirade about how this impedes Bolton’s bloodthirsty instincts as though that’s a bad thing. Ship of Fools: How a S… Tucker Carlson … Continue reading →

Source: On Venezuela, Tucker Airs Anti-Interventionist Ideas – LewRockwell

 
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Jeffrey Gundlach says stocks are in a bear market, sees better than 50% chance for new tariffs

07 May

“I think you’ve got an irresistible force meeting an immovable object,” Gundlach says of President Trump and China’s Xi.

Source: Jeffrey Gundlach says stocks are in a bear market, sees better than 50% chance for new tariffs

 
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Charlie Munger: Be afraid when a democracy thinks it can print money to solve all its problems

06 May

“I am so afraid of a democracy getting the idea that you can just print money to solve all problems,” Charlie Munger says.

Source: Charlie Munger: Be afraid when a democracy thinks it can print money to solve all its problems

 
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Hooray! The Green New Deal Will Make Us Happier—By Shrinking the

06 May

Sometimes you have to congratulate the progressive left on their ability to turn that frown upside down. When the laws of economics hand them socialist lemons, they turn right around and make leisure

Source: Hooray! The Green New Deal Will Make Us Happier—By Shrinking the

 
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A New Tar Baby for US? 

04 May

Sure.  Let’s invade Venezuela.  Another jolly little war.  It’s full of commies and has a sea of oil.  The only thing those Cuban-loving Venezuelans lack are weapons of mass destruction. This week, leading US neocons openly threatened that if the CIA’s latest attempts to stage a coup to overthrow Venezuela’s Maduro government failed, Washington might send in the Marines. Well, the coup was a big fiasco and the Venezuelan army didn’t overthrow President Maduro.  The CIA also failed to overthrow governments in Moscow, Tehran and Damascus.  Its only ‘success’ to date has been in overthrowing Ukraine’s pro-Moscow government and putting a … Continue reading →

Source: A New Tar Baby for US? – LewRockwell

 
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