Author: Jim Quinn

In Part One of this article, I made a fact-based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930’s. In Part Two I will compare and contrast two very different men who raised the spirits of the common man during difficult economic times. As we approach the perilous portion of this Fourth Turning, it will take more than hope to get us through to the other side. Cinderella Man Likening Braddock to Trump might seem far-fetched until you think about parallels between the economic conditions during the 1930’s and today, along with … Continue reading →

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There are several movies I will watch every time they are aired on one of my generally useless 600 cable channels. They all have the same thing in common – a compelling character portrayal which keeps you riveted and mesmerised by how the protagonist deals with adversity and circumstances beyond their control. The movies I can’t resist include:The Godfather I & II, The Green Mile, Shawshank Redemption,Apocalypse Now, and Patton. Another captivating movie, which didn’t do well at the box office, is Cinderella Man. The portrayal of Depression-era heavyweight boxing champion James J. Braddock by Russell Crowe is inspirational, with … Continue reading →

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Having recently finished reading The Harrows of Spring, the fourth and final novel of Jim Kunstler’s World Made By Hand series, I couldn’t help but compare and contrast his dystopian post economic collapse America versus our current warped egocentric pre-economic collapse America. His world made by hand is forced upon Americans who have survived some sort of conflict resulting in the destruction of Washington D.C. and Los Angeles by nuclear blasts. The Federal government has ceased to exist. The nation has splintered and varied factions are vying for power in autonomous regions of the country, but the small community of … Continue reading →

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The stock market has reached new all-time highs this week, just two weeks after plunging over the BREXIT result. The bulls are exuberant as they dance on the graves of short-sellers and the purveyors of doom. This is surely proof all is well in the country and the complaints of the lowly peasants are just background noise. Record highs for the stock market must mean the economy is strong, consumers are confident, and the future is bright. All the troubles documented by myself and all the other so-called “doomers” must have dissipated under the avalanche of central banker liquidity. Printing … Continue reading →

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For all the linear thinking people out there, do you need any more proof of the cyclical nature of history than the last two weeks? Politicians being assassinated in Britain. Then the people of Britain shocking the world by telling the politicians, EU bureaucrats, and central bankers to fuck off. Markets in turmoil. Currencies in turmoil. Then the rule of law is completely trashed by the FBI, DOJ and the rest of the corrupt establishment running this country. Hillary Clinton commits multiple crimes, lies under oath, and skates away free to become the next president of the United States. If … Continue reading →

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Just over a week ago the world was coming unglued, as enough British citizens grew a pair and spit in the face of the EU establishment and global elite by voting to exit the EU. The fear mongering by central bankers and their puppet political hacks failed to deter people who have become sick and tired of being abused and pillaged by bureaucrats working on behalf of bankers and billionaires. Stock markets around the world plummeted on Thursday and Friday. The world braced for another Black Monday. The phone lines were buzzing between central bankers around the world over the … Continue reading →

The post It’s Not the Brexit, Stupid appeared first on LewRockwell.

I took a long walk on the boardwalk with my wife and mother last night, after a long day of packing, doctor appointments, travel, unpacking, food shopping and buying enough liquor to get me through the next week. I was confident the oligarchs had the Brexit vote rigged in their favor. I went to bed exhausted at 10:00. I wake up this morning to global pandemonium. I just wanted to ride my bike on the boardwalk in peace, but Noooo. First it was raining, so I have to wait for the showers to end. Then I flip on the radio … Continue reading →

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While the Oregon Governor may be an idiot, at least there’s one brilliant citizen living there. Sure. No problem. But…… Reprinted from The Burning Platform.

The post Giving the Bureaucrats a Taste of Their Own Medicine appeared first on LewRockwell.

“The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. The political and economic trust will implode. Real hardship will beset the land, with severe distress that could involve questions of class, race, nation and empire. The very survival of the nation will feel at stake. Sometime before the year 2025, America will pass through a great gate in history, commensurate with the American Revolution, Civil War, and twin emergencies of the … Continue reading →

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The chart below would appear to be in conflict with the results of a recent Gallup poll regarding stock ownership by Americans. The ratio of household equities to money market fund assets is near a record high, 60% above 2007 high and 30% above the 1999 internet bubble high. The chart would appear to prove irrational exuberance among the general populace. In reality, the lowest percentage of Americans currently own stock over the last two decades. With the stock market within spitting distance of all-time highs, only 52% of Americans own stock, down from 65% in 2007. As the stock … Continue reading →

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As the labor participation rate and employment to population ratio linger near three-decade lows, the mouthpieces for the establishment continue to perpetuate the Big Lie this is solely due to the retirement of Boomers. It’s their storyline and they’ll stick to it, no matter what the facts show to be the truth. Even CNBC lackeys, government apparatchiks, and Ivy League educated Keynesian economists should be able to admit that people between the ages of 25 and 54 should be working unless they are home raising children. In the year 2000, at the height of the first Federal Reserve induced bubble, … Continue reading →

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The stock market has regained all of its loses year to date as economic indicators continue to flash red, corporate profits continue to plunge, consumers continue to spend less at retailers, real wages continue to fall, and housing sales continue to decline. The entire dead cat bounce has been generated through corporate stock buybacks, Wall Street lemmings trying to make up for their terrible year to date investing performance, and central bankers who will stop at nothing to verbally manipulate markets higher – since their monetary machinations over the last seven years have been a miserable failure in reviving the … Continue reading →

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“There are three types of lies — lies, damn lies, and statistics.” ― Benjamin Disraeli It’s my favorite day of the month. The Bureau of Lies & Scams issues their double seasonally adjusted, massaged to provide a happy ending, birth death adjusted unemployment propaganda, designed to keep the masses in the dark about their own dire financial circumstances. Even though the equally manipulated GDP is at 1% or below, retail sales are plunging, corporate profits plummeted by 15% in the 4th quarter and Challenger & Grey corporate layoff announcements were up 42% in January versus last year, our fraudulent friends … Continue reading →

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I know there are many people out there who don’t watch the daily drivel emanating from their 72 inch HD boob tubes. I don’t blame them. Most of the shows on TV are dumbed down to the level of their audience of government educated zombies. The facebooking, twittering, texting, instagraming generation is too shallow, too self-consumed, and too intellectually lazy to connect the dots, understand symbolism or learn moral lessons from well-written thought-provoking TV shows. But there have been a few exceptions over the last few years. Breaking Bad, House of Cards, and Walking Dead are intelligent, brilliantly scripted, morally … Continue reading →

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It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and the central bankers who created the debt out of thin air. McKinsey produced a report last year showing the world had added $57 trillion of debt between 2008 and the 2nd quarter of 2014, with global debt to GDP reaching 286%. The global economy has only deteriorated since mid-2014, with politicians and … Continue reading →

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