Tag Archive: On Politics
Congress’s Radical Plan to End Illegal Money
What Constitution? One of the many downfalls of being the United States Secretary of the Treasury is the requirement to place one’s autograph on the face of the Federal Reserve’s legal tender notes. There, on public display, is an overt record of a critical defect. A signature endorsement of a Federal Reserve note by the Treasury Secretary represents their personal ratification of unconstitutional money.
Read More »
Read More »
India: The Lunatics Have Taken Over the Asylum
Goods and Services Tax, and Gold (Part XV) Below is a scene from anti-GST protests by traders in the Indian city of Surat. On 1st July 2017, India changed the way it imposes indirect taxes. As a result, there has been massive chaos around the country. Many businesses are closed for they don’t know what taxes apply to them, or how to do the paperwork. Factories are shut, and businesses are protesting.
Read More »
Read More »
No “Trump Bump” for the Economy
POITOU, FRANCE – “Nothing really changes.” Sitting next to us at breakfast, a companion was reading an article written by the No. 2 man in France, Édouard Philippe, in Le Monde. The headline promised to tell us how the country was going to “deblock” itself.
Read More »
Read More »
Nikki Haley – Warmonger Extraordinaire
Beating the War Drums at the UN. It must now be a prerequisite of those who become an American ambassador to the UN to possess certain characteristics and traits, the most important of which are rabid warmonger, child killer, and outright liar.
Read More »
Read More »
Work is for Idiots
Disproportionate Rewards. The International Monetary Fund reported an unpleasant outlook for the U.S. economy on Wednesday. The IMF, as part of its annual review, believes the U.S. economic model isn’t working as well as it could to generate shared income growth.
Read More »
Read More »
Pope Francis and Angela Merkel: Enemies of European Civilization
Two of Europe’s greatest contemporary enemies recently got together to compare notes and discuss how they were going to further undermine and destabilize what remains of the Continent’s civilization. Pope Francis and German Chancellor Angela Merkel met on June 17, in the Vatican’s Apostolic Palace to discuss the issues which will be raised at a Group of 20 summit meeting in Hamburg, from July 7-8.
Read More »
Read More »
India: Why its Attempt to Go Digital Will Fail
Over the three years in which Narendra Modi has been in power, his support base has continued to increase. Indian institutions — including the courts and the media — now toe his line. The President, otherwise a ceremonial rubber-stamp post, but the last obstacle keeping Modi from implementing a police state, comes up for re-election by a vote of the legislative houses in July 2017.
Read More »
Read More »
French Selection Ritual, Round Two
The nightmare of nightmares of the globalist elites and France’s political establishment has been avoided: as the polls had indicated, Emmanuel Macron and Marine Le Pen are moving on to the run-off election; Jean-Luc Mélenchon’s late surge in popularity did not suffice to make him a contender – it did however push the established Socialist Party deeper into the dustbin of history.
Read More »
Read More »
Central Banks Have a $13 Trillion Problem
GUALFIN, ARGENTINA – The Dow was down 118 points on Wednesday. It should have been down a lot more. Of course, markets know more than we do. And maybe this market knows something that makes sense of these high prices. What we see are reasons to sell, not reasons to buy.
Read More »
Read More »
India – Is Kashmir Gone?
Everything Gets Worse (Part XII) – Pakistan vs. India After 70 years of so-called independence, one has to be a professional victim not to look within oneself for the reasons for starvation, unnatural deaths, utter backwardness, drudgery, disease, and misery in India.
Read More »
Read More »
French Election – Bad Dream Intrusion
The French presidential election was temporarily relegated to the back-pages following the US strike on Syria, but a few days ago, the Economist Magazine returned to the topic, noting that a potential “nightmare option” has suddenly come into view. In recent months certainty had increased that once the election moved into its second round, it would be plain sailing for whichever establishment candidate Ms. Le Pen was going to face. That certainty...
Read More »
Read More »
The Cost of a Trump Presidency
Last Thursday’s wanton attack on a Syrian air field by the US and its bellicose actions toward North Korea have brought the real cost of candidate Trump’s landslide victory last November to the forefront. Unlike most laymen, accountants, and financial analysts, economists look at cost differently.
Read More »
Read More »
The American Empire and Economic Collapse
Despite widespread optimism among libertarians, classical liberals, non-interventionists, progressive peaceniks and everybody else opposed to the US Empire that some of its murderous reins may finally be pulled in with the election of Donald Trump, it appears that these hopes have now been dashed.
Read More »
Read More »
India: The next Pakistan?
India’s Rapid Degradation. This is Part XI of a series of articles (the most recent of which is linked here) in which I have provided regular updates on what started as the demonetization of 86% of India’s currency. The story of demonetization and the ensuing developments were merely a vehicle for me to explore Indian institutions, culture and society.
Read More »
Read More »
March to Default
“May you live in interesting times,” says the ancient Chinese curse. No doubt about it, we live in interesting times. Hardly a day goes by that we’re not aghast and astounded by a series of grotesque caricatures of the world as at devolves towards vulgarity. Just this week, for instance, U.S. Representative Maxine Waters tweeted, “Get ready for impeachment.”
Read More »
Read More »
“People Need to Understand that their Biggest Asset is Individual Liberty” – an Interview with Claudio Grass
As election season is upon us in Europe and political and economic tensions are heating up, Claudio Grass notes that “the euro is the most artificial currency in history”, highlighting one of the most fundamental problems at the heart of the EU’s troubles. It is undeniable that public awareness is growing, and so is active opposition to ever greater centralization of political power.
Read More »
Read More »
Welcome to Totalitarian America, President Trump!
If there had been any doubt that the land of the free and home of the brave is now a totalitarian society, the revelations that its Chief Executive Officer has been spied upon while campaigning for that office and during his brief tenure as president should now be allayed.
Read More »
Read More »
The Long Run Economics of Debt Based Stimulus
Something both unwanted and unexpected has tormented western economies in the 21st century. Gross domestic product (GDP) has moderated onward while government debt has spiked upward. Orthodox economists continue to be flummoxed by what has transpired.
Read More »
Read More »