Tag Archives: On Politics

Trump Is Right PARIS – On Wednesday, brick-and-mortar retailers – such as Macy’s – led U.S. stocks lower. The Dow lost about as much as it had gained the day before. Nothing much to talk about there… Macy’s Inc. NYSE + BATS Macy’s on the way to Zool. Macy’s Inc. NYSE + BATS – click to enlarge. When we left off yesterday, we posed two questions: Shouldn’t your editor (under torture, of course) confess his sins, renounce his apostasy, and register to vote before it is too late? And…...

The Euthanasia of Widows and Orphans Sound money also looks better than the government’s scrip! In my testimony in support of the gold legal tender bill this year, I discussed failing pension funds. Retirees who count on their pension checks are being told that their monthly check will be reduced by up to 60%. This is devastating to them, obviously. What isn’t obvious is the cause. In the news coverage of this, the angry pensioners are blaming the union, the fund manager, and Wall...

Heresy! Legendary former hedge fund manager Stanley Druckenmiller at the Ira Sohn conference – not an optimist at present, to put it mildly. Photo credit: David A. Grogan / CNBC NORMANDY, France – The Dow rose 222 points on Tuesday – or just over 1%. But we agree with hedge-fund manager Stanley Druckenmiller: This is not a good time to be a U.S. stock market bull. Speaking at an investment conference in New York last week, George Soros’ former partner warned that… “…higher...

  Pretenses and Conceits US election circus: Deep State Rep vs. Rage Channeller The markets are eerily quiet… like an angry man with something on his mind and a shotgun in his hand. We will leave them to brood… and return to the spectacle of the U.S. presidential primaries. On display are all the pretenses, conceits, and absurdities of modern government. And now, the race narrows to the two most widely distrusted and loathed candidates. The first, a loose reality-TV star with a hot...

  Hacks and Has-Beens NORMANDY, France – What has happened to TIME magazine? Henry Luce, who started TIME – the first weekly news magazine in the U.S. – would be appalled to see what it has become. Time cover featuring the sunburned mummy heading the globalist IMF bureaucracy (which inter alia advocates that governments should confiscate a portion of the wealth of their citizens overnight, even while its own employees don’t have to pay a single cent in taxes). Once you see the list of the...

  Political Correctness Comedy How to most effectively create a “safe space” on campus Cartoon by Nate Beeler We have recently come across a video that is simply too funny not be shared. It also happens to dovetail nicely with our friend Claudio’s recent essay on political correctness and cultural Marxism. Since this is generally a rather depressing topic, we have concluded that having a good laugh at it might not be the worst idea. It is especially funny (or terrifying, depending on...

  What Do The Swiss Know That We Don’t? Claudio Grass, Managing Director of Global Gold in Switzerland, was recently invited to speak with Dr. Ron Paul at the Liberty Report. The discussion revolved around the decentralized Swiss political system, libertarianism, the European Union and cultural Marxism. Readers may recall that Claudio has recently done some research on the origins of “political correctness” as a method of thought control (see “Cultural Marxism and the Birth of Modern...

  A Week to Remember Today we look back to the recent past with singleness of purpose.  Context and edification for the present economy is what we’re after.  We have questions… How come the recovery has been so weak?  Why is it that, nearly seven years after the official end of the Great Recession, the economy’s still mired in a soft muddy quagmire?  Squinting, focusing, and refocusing, there’s one particular week that rises above all others. Photo credit: Talks at Google Hank the...

  Misinformation and Delusions PARIS – Too bad about Ted Cruz. His tax plan was pretty good. A flat tax of 10% on anything over $36,000. And a 16% “business transfer tax” to replace the corporate income tax and all payroll taxes. Photo credit: David J. Phillip / AP Ted Cruz bows out… allegedly he did so because of losing the Indiana primary. But we know better of course. He read this article, and that was the straw that broke the camel’s back. Sorry ’bout that. Not perfect. But a step...

Objective Reality After spending three weeks with objective truth at the ranch, we are now forced to return to the world of myths, delusions, and claptrap. Yes, we are in Buenos Aires looking at a TV! And there they are… talking about the world of politics, money, culture… the world of Facebook and CNBC… of Trump and Clinton… of ZIRP and NIRP… and of Game of Thrones. Photo credit: HBO The royal seating accommodation fought over in “Game of Thrones”. It looks decidedly uninviting – a...