Category: Aggregated

A hostile review of my new book — “Wealth, Poverty and Politics” — said, “there is apparently no level of inequality of income or opportunity that Thomas Sowell would consider unacceptable.” Ordinarily, reviewers who miss the whole point of a book they are reviewing can be ignored. But this particular confusion about what opportunity means is far too widespread, far beyond a particular reviewer of a particular book. That makes it a confusion worth clearing up, because it affects so many other discussions of very serious issues. “Wealth, Poverty and Politics” does not accept inequality of opportunity. Instead, it reports … Continue reading →

While gold has been an excellent store of value for thousands of years, in modern times it has attained another useful purpose. In an age where just about everything is tracked and cataloged by the authorities, gold isn’t just a good way to store your money outside of the banks. It’s one of the few ways you can keep your money in something that is anonymous and untraceable. That also makes gold one of the best tools for getting your money out of the country, should the need ever arise. At least for now anyway. If you tried to leave … Continue reading →

Have you clocked up ten Michelin stars when eating out or regularly throw dinner parties where you serve intricate meals for 20 plus people? With everybody who eats a food-truck burger considering themselves a gastronome these days, a new breed of expert has emerged; the Ultimate Foodie. As well as being accomplished in the kitchen, this know-it-all food fan owns expensive cooking equipment and has spent more on knives than on their first car.  Bruno Loubet, Head Chef of Grain Store and Consultant Chef to La Maison Maille said to FEMAIL: ‘These days everyone considers themselves a foodie – with … Continue reading →

In Part 1 of this article I discussed the catalyst spark which ignited this Fourth Turning and the seemingly delayed regeneracy. In Part 2 I will ponder possible Grey Champion prophet generation leaders who could arise during the regeneracy. The nearly seven year reign of Barack Obama has resulted in furthering wealth inequality, in spite of his socialistic rhetoric. Notwithstanding his Nobel Peace Prize, military spending is at all-time highs and we are engaged in actual and proxy wars across the Middle East and in the Ukraine. Race relations have never been worse. Poverty levels have never been worse. Real … Continue reading →

Reports that the official unemployment rate has fallen to 5.1 percent may appear to vindicate the policies of easy money, corporate bailouts, and increased government spending. However, even the mainstream media has acknowledged that the official numbers understate the true unemployment rate. This is because the government’s unemployment figures do not include the 94 million Americans who have given up looking for work or who have settled for part-time employment. John Williams of Shadow Government Statistics estimates the real unemployment rate is between 23 and 24 percent. Disappointingly, but not surprisingly, few in Washington, DC acknowledge that America’s economic future … Continue reading →

In the early morning hours of May 21, 2015, more than 10 FBI agents with guns drawn invaded the home of prominent physics professor Xiaoxing Xi, the chairman of the physics department of Temple University, and arrested the highly-honored scientist for allegedly spying for his native country of China. Agents handcuffed Xi in front of his wife and two children and paraded him for the television cameras and held him under $100,000 bond. The massive show of force, at least to the local journalists, was “proof” that this mild-mannered physicist was nothing but another Chinese spy, and that, thank goodness, … Continue reading →

GUALFIN, Argentina – Stocks have been wiggly-waggling along for the last few days. Just like the tail on a happy dog. Investors don’t know what to do… And everyone is on the edge of his seat in anticipation of whether the Fed will raise interest rates at its policy meeting this week. This must be the most anticipated move by a central bank in all history. All Eyes on the Fed In a few days, Janet Yellen and her central banking cronies will decide whether to begin raising short-term interest rates. Supposedly, the six-year emergency is over. It’s time to … Continue reading →

The USD strengthening since last July is the core driver of the global recession. The parlor game of the moment is laying odds on the Federal Reserve’s decision to raise rates, leave rates unchanged, or (gasp!) hint at future stimulus. There are certainly a multitude of inputs to the Fed’s decision, and a variety of potential consequences, but only one really matters: the effect on foreign exchange/currency markets. It’s not that difficult to understand the one dynamic that matters. If the Fed raise yields/interest rates in the U.S., that makes the U.S. currency, i.e. the U.S. dollar (USD), more attractive. … Continue reading →

You can’t blame Janet Yellen entirely for the growing prospect that the Fed will take a powder on Wednesday and opt for the 81st straight month of ZIRP. After all, she’s basically a fuddy duddy school marm caught in a 1970s labor economics time warp—–a branch of the “home” economics taught by John Maynard Keynes after he turned protectionist in 1930. Accordingly, she does apparently believe that the US economy resembles a giant bathtub, and that it is the Fed’s job to see that employment and output rise full to the brim. Nor does that mission take much special doing——-at least according to the primitive macroeconomic plumbing … Continue reading →

“Every day in communities across the United States, children and adolescents spend the majority of their waking hours in schools that have increasingly come to resemble places of detention more than places of learning. From metal detectors to drug tests, from increased policing to all-seeing electronic surveillance, the public schools of the twenty-first century reflect a society that has become fixated on crime, security and violence.”—Investigative journalist Annette Fuentes In the American police state, you’re either a prisoner (shackled, controlled, monitored, ordered about, limited in what you can do and say, your life not your own) or a prison bureaucrat (police … Continue reading →

By Dr. Mercola Vitamin B12 is fittingly known as the energy vitamin, and your body requires it for a number of vital functions. Among them: energy production, blood formation, DNA synthesis, and myelin formation. Myelin is insulation that protects your nerve endings and allows them to communicate with one another. If you know or suspect you’re vitamin B12 deficient, you’re not alone. Recent studies from the U.S. Framingham trial show one in four adults in the United States are deficient in this vitally important nutrient, and nearly half the population has suboptimal blood levels. How You Get Vitamin B12 Deficient Vitamin … Continue reading →

We have all heard about 3-D printing. A machine that costs around $1,000 can produce copies of some product, even a gun. Over the next three decades, these machines will become more powerful. They will get cheaper. Tens of millions of products will be produced in millions of basement 3-D machines, or else in small local businesses that will rent them. Each year, from now on, it will get cheaper to do this… permanently. There will be websites that offer cheap or free programs to produce millions of products. Manufacturing will move from factories to cheap machines that almost anyone … Continue reading →