Every day, more and more Americans are awakening to the reality that the institutions in control of this nation are failing them. From violence in the streets, inflation in our stores, increasing tyranny and censorship, and absolute buffoonery on public display in halls of political power. The ruling class is getting richer while most of us suffer, and new generations are becoming increasingly warped by the dangerous ideologies of the left.
Recorded at The Depot Craft Brewery & Distillery in Reno, Nevada on May 20th, 2023.
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The Soviet empire started to crumble around 1989. The time period between the forming of the North Atlantic Treaty Organization (NATO) in the late 1940s and the retreat of Russia from Eastern Europe with the eventual collapse of communism in Russia is known as the Cold War. There was a great power confrontation in Europe that did not result in war.
Essentially, US-led NATO stood its ground to prevent further Soviet expansion from the territory it occupied at the end of World War II and waited for the inevitable collapse. Now, perhaps not everyone saw the collapse of the Soviet empire as inevitable. But all one had to do was view the Soviet empire for oneself, up close and personal, which is what I did in the early 1970s as a young Air Force officer.
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The Federal Reserve’s new report of its balance sheet shows that in the approximately six months ended March 29 it has racked up a remarkable $44 billion of cumulative operating losses. That exceeds its capital of $42 billion, so the capital of the Federal Reserve System has gone negative to the tune of $2 billion—just in time for April Fools’ Day.
This event would certainly have surprised generations of Fed chairmen, governors, and, we’d have thought, newspapermen. The Fed’s capital will keep getting more negative in April and for some long time to come, at least if interest rates stay at anything like their current level. The Fed in the first quarter of 2023 reported losses running at the rate of $8.7 billion a month.
On an annual basis that would be a loss of over $100 billion.
Fiat Money Inflation Not Only Raises Prices but Also Undermines Division of Labor
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Keegan and Bale retire, Andy Moran & Colm Boyle, John Hartson, Sarah Rowe | Tuesday’s OTB AM
2023-01-10
Remember that time Lee Keegan & Gareth Bale retired on the same day? Ger & Shane are responding in kind with a jam-packed show on Tuesday’s #OTBAM
Here’s what’s coming up today:
7:30: Kickoff with Ger, Shane & Kathleen
7:50: Lee Keegan’s Top 5 Moments w/Cameron Hill
8:05: John Hartson
8:20: Colm Boyle & Andy Moran
8:50: John Duggan
8:50: Sarah Rowe
9:10: Sam Mulroy
9:30: James Horan
@GilletteVideosUK | #EffortlessFlow
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