Author's posts
Apr 17 2021
Misaligned incentives.
From where I sit, people aren’t stupid. They may make dumb decisions but these [are] maximized thanks to the misaligned incentives of a corrupt monetary system. Absent consequences for dumb decisions, people will continue to make them until they can’t. And yet our feudal overlords [think] there is no limit to this.[1] Apparently the Chinese …
Apr 17 2021
How the world would be better without police.
The Babylon Bee deftly skewers the ever-expanding moron population as usual: 7. All problems in the black community will go away – Everything wrong in the inner city is the cops’ fault. If the cops go, everything will be solved. It’s just that simple! Check out the other six ways here.
Apr 12 2021
Because spouting the Democrat line is job number one.
Feckless, feeble, useless “Republicanism” at its best. The one, the only, Liz Cheney!!! H/t: The Gateway Pundit, described by Wikipedia as an “American far-right fake news website.” Now you know.
Apr 11 2021
Some kind of an agenda here.
Reassurance from central banks is only emboldening investors to add to their risks. When Powell attempts to explain his continued actions, many of us who pay attention to such things cry “Bullshit.” Not only is the current Fed policy uncalled for but it does little to strengthen the economy or address our problems. What it …
Apr 07 2021
Not often pointed out.
Today we’re being fed justifications for escalating hostilities against Russia, China and Iran: they’re bad actors, they defy our ‘rules-based’ global utopia, they have a bad human rights record, they’re communists or undemocratic or anti-LGBT or whatever else might work to generate consent for another big war. However, the fact that one nation initiated more …
Apr 07 2021
Headscratcher.
“Mea Culpa: Oregon’s Largest Newspaper Admits Defunding Police Was A Terrible Idea As Homicides Skyrocket.” By ZeroHedge, 4/5/21.
Mar 29 2021
Through the looking glass.
How can dollar debasement policies aimed at inflating away the debt ever succeed when it’s these very policies that induce the massive growth of debt in the first place?[1] Dollar debasement IS the OFFICIAL game plan. An endless loop of moronic policy with, if you remember the days of DOS, no ctrl+C (halt execution). Yes, …
Mar 29 2021
The rest is just detail.
Borrowing a quarter of the nation’s entire economic output every year to prop up an ineffective, corrupt status quo is putting a Band-Aid over a tumor. “Do We Really Think A Band-Aid Will Heal A Tumor?” By Charles Hugh Smith, ZeroHedge, 3/27/21 (emphasis removed).
Mar 29 2021
Not interested in U.S. tutelage.
Here’s a little diversity that we so slobber over 24/7. Diversity of opinion, that is. Sensible people in other countries are trying to tell us something: Our resident corps of hysterics and psychopaths seem to prefer the high-explosives approach to ordering the rules-based international order but as this eloquent woman suggests working together to defeat …
Mar 28 2021
The Great Skewering.
The lockdown of the world by politicians following the direction of health care “expert” models has proved to be the absolute worst decision since the leaders of Europe thought the conflict started in July 1914 would be over in a few weeks. It is now clear the lockdowns were used as the main lever to …
Mar 27 2021
When you tune to the right frequency . . .
. . . it’s ALL b_______. Inflation is already raging, but the government and Fed tell you it is 1.5%. There are 261 million working age Americans and only 127 million are employed full-time, but the government tells you the unemployment rate is 6.2%, when more than 50% of those capable of working are not. …
Mar 25 2021
Pearls of expression.
This was [Martin] Gurri’s main thrust. The book’s [The Revolt of the Public] striking feature however, was how it seemed so completely to nail the coming Trump and Brexit era – and the ‘anti-system’ impulse behind them. In America, this impulse found Trump – not the other way around. The point here essentially being that …
Mar 23 2021
Pretty much.
Someone should write a book: The Education of Valdimir Putin. About the lessons Russia has learned about its Western ‘partners’ since the end of the Cold War. Western engagement with Russia seems to consist entirely of lies, bluster, insults, betrayal, pigeon-like chess playing, pressure tactics (sanctions), intimidation, etc. Such group-think and hostility leads to war.[1] …
Mar 21 2021
Pearls of expression.
At the time when political power began soaring, in the 1930s, American political thinking systematically disregarded the danger from government. In the 1940s, as Professor David Ciepley observed, “the State was dropped from American social science, as part of the reaction to the rise of totalitarianism. All traces of state autonomy, now understood as ‘state …
Mar 11 2021
Not Making This Up Dept.
As values-based democracies, NATO allies and partners have been at the forefront of the global women’s rights movement. And as an alliance, NATO plays an important role in advancing equity within foreign policy. When NATO foreign ministers meet later in March, they should take the natural next steps toward adopting a feminist foreign policy (FFP).[1] …
Mar 11 2021
Toxic and duplicitous.
What the Fed has been doing ever since Greenspan (the veritable “Patient Zero” of the current global $280T debt disaster) is very clever yet extremely toxic, as well as openly duplicitous. Specifically, the Fed now prints over $120B per month (to buy $80B in unwanted Treasury bonds and another $40B in unwanted, toxic MBS [mortgage-backed …
Mar 10 2021
Between a rock and a hard place.
Or between Scylla and Charybdis is you want some pre-Oprah imagery. So, the whole economy is a gigantic credit bubble completely dependent on artificially low interest rates, and the whole thing would be destroyed if the Fed had to raise interest rates to fight inflation, which means they won’t raise interest rates to fight inflation, …
Mar 07 2021
Illusion, delusion, collusion, confusion, and explosion.
This all folds into the story of how for decades the monetary illusion created by central banks collaborating with governments has delayed an inevitable crisis by not dealing with reality. This means when the forces pent-up over the years finally break free events will most likely occur faster with far deeper ramifications than many people …
Mar 07 2021
Mush, you huskies. And roll them dice, campers.
Retirement investing used to be easy. Save money, park it in interest-bearing instruments, and live off the income, with Social Security and maybe a job pension to help. Not complicated and it worked well for decades. But about the time the oldest Boomers began reaching their mid-60s, this thing called “interest” mostly disappeared as committees …
Mar 06 2021
The cherry on top.
It’s hard to admit but the pinnacle of Western civilization turns out to be a state of collective stupefaction and precipitous flight from reality. The civilization that studied the galaxies and the basic structure of matter in the end could not rise above the politics of crack whores, con artists, and pickpockets. We prided ourselves …
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