Robert Wenzel takes down Sen. McConnell’s surrender to the Democrats. George Wallace was right, there’s not a dime’s difference between the Democrats and Republicans.
Archive for the ‘Crony capitalism’ Category
Calling Donald…free trade increases prosperity
19
Sep
“In a targeted attack against trade with China, Donald Trump has claimed that America has lost high paying manufacturing jobs to China because China promotes its exports through subsidies, tax advantages, and currency…”
Source: Free Trade Brings Abundance — Protectionism Brings Scarcity | Mises Wire
Danger for investors
19
Sep
“…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
19
Sep
“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?
18
Sep
“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
18
Sep
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
Joe Salerno grades Trump’s economics
16
Sep
“Donald Trump has announced his economic advisory team and unveiled a preliminary broad brush economic program that his prospective administration would implement. He has promised to fill in the details of his America First Economic Plan as the election approaches.”
Source: Grading Trump’s Economic Policy
Massive paper gold dump!
15
Sep
Is someone or institution or government trying to manipulate the gold market?
“At 8:30 a.m. this morning, 10 minutes after the Comex gold pit opens, over 70 tons of gold was dropped into the entire Comex trading system. If this happened on the NYSE, one of the ECN’s (u…”
Source: Someone Dumped 70 Tons Of Paper Gold At 8:30 a.m.
Roger Stone on the Clintons and Trump
15
Sep
Last night political operative Roger Stone spoke at the Middlesex County Republican Women’s Club and had a book signing afterwards (The Clintons’ War on Women).
In more than 40 minutes of remarks Stone made the following points (the list is not exhaustive):
- Stone is concerned that the election could be rigged because electronic voting machines can be easily hacked
- The nomination was stolen from Bernie Sanders because 12 states had electronic voting machines that were probably hacked to give Clinton victories in states she lost
- Former DNC chairwoman Debbie Wasserman-Schultz was Clinton mole to help rig the primary for Hillary
- Bill Clinton is a sexual predator with a long history of abuse against women
- Hillary Clinton has run the cover-up of her husband’s sexual abuses by hiring lawyers to develop dirt on Bill’s accusers
- Hillary is a congenital liar; Putin has met Hillary Clinton and think she’s a liar
- The Clinton Foundation is a slush fund for the family and has received multi-million dollar bribes
- Because Hillary used an unsecured private server while she was Secretary of State, Russia, China, Saudi Arabia, Israel and other countries probably have Hillary’s emails
- Trump is an ardent nationalist who by no means is a perfect candidate and wants to have detente with Russia unlike Hillary who is making belligerent statements against Putin
- Trump is a tough negotiator and should do well in international negotiations with other countries. He does not want the US to engage in endless wars
- The 1994 crime bill President Bill Clinton signed, which was responsible for the massive increase in incarceration of black and Hispanic youth because of draconian drug law penalties, will have an impact on minority turnout and support for Hillary
Roger Stone spoke without notes and did not miss a beat. He is an articulate spokesman for Trump’s candidacy and a “take no prisoners” critic of the Clintons. If Trump wins in November, Roger Stone’s expose of the Clintons would have proved invaluable.
Will the election be postponed?
12
Sep
“Dave: I believe the Deep State postponed the election today, using Clinton’s probably staged “health event” as the opening act of a drama that will unfold over the next several da…”
Source: Guest Post: Did The Deep State Postpone The Election?
War and peace…
12
Sep