Category: Aggregated

The chart below crystalizes why the Fed is stranded in a monetary no man’s land. By the time of next week’s meeting the federal funds rate will have been pinned at about 10 bps, or effectively zero, for 84 straight months. Yet during that same period, the consumer price level has risen by 1.75% per year. And that’s if you give credit to all of the BLS gimmicks, such as hedonic adjustments for quality change, homeowners “imputed” rents and product basket substitution, which cause inflation to be systematically understated. On a basis that is close enough for government work, therefore, the real money market interest rate has been … Continue reading →

The post A Riot Is Coming appeared first on LewRockwell.

According to CBS’ L.A. affiliates, neighbors of Muslim mass murderers Syed Farook and Tashfeen Malik noticed some very suspicious things going on at the couple’s apartment in the days and weeks leading to the horrific massacre that took fourteen lives, but they chose not to report anything, for fear of being labeled “racist.” As Yoda might have said had he taught racial-sensitivity courses instead of Jedi training, “Conditioned well they are.” Political correctness wins again. Fourteen innocent lives lost, but at least no one was racist. I’m hardly being facetious. To the PC crowd, “racism” is worse than murder, and … Continue reading →

The post Sum Ting Wong appeared first on LewRockwell.

In a scathing attack on President Barack Obama’s drone war, four former operators of the remote-controlled killing machines declared that this kind of  warfare is actually fueling terrorism. Meanwhile,  the soldiers who pull the triggers are cast aside when they break down under the incessant stress of long-distance killing. “This administration and its predecessors have built a drone program that is one of the most devastating driving forces for terrorism and destabilization around the world,” the quartet of former Air Force service members wrote in a letter to Obama, Defense Secretary Ashton Carter and CIA Director John Brennan. “We came … Continue reading →

The post Drone Operators Rebel appeared first on LewRockwell.

Recent attacks by ISIS sympathizers in Paris, London and San Bernardino, California, are not random acts of mindless violence and gory atrocities. Far from it, they are part of a well-developed strategy by the Islamic State, or ISIS, to draw the western powers into a far larger war in the Mideast.   They are being aided in this quest by the loud-mouthed right of American, British and French politics. They are drawing inspiration from the defeats of the Anglo-British army of Hicks Pasha in the Sudan in 1883  that was lured up the Nile then ambushed and swamped by 300,000 Dervish … Continue reading →

The post Crusaders, Look Before You Charge appeared first on LewRockwell.

Think of a huge, bureaucratic military occupying a country. They march hither and yon on the plains, doing their daily damage. Though their every move burns vast sums of money, they seem undefeatable. But in the hills above are the guerrillas—fast moving, striking snd retreating before the occupiers can even react, and driving them crazy in the bargain. Their morale declines like their efficacy. Just a few irregulars can hold down a vast number of regular troops, physically and emotionally. All the guerrillas need is the support of enough good people. Of course, libertarians do not advocate violence, unlike our … Continue reading →

The post Libertarian Guerrillas appeared first on LewRockwell.

Belly fat, also known as visceral fat that accumulates around the midsection, is a major concern for many. Not only does belly fat make your figure unattractive, it also increases your risk of high blood pressure, diabetes and fatty liver disease.Many people try dieting to lose belly fat, but this is not the optimal solution. The ideal way to get rid of belly fat is to choose your foods wisely and do some physical exercise daily.Knowing what to include in your diet is half the job, the other half is doing exercises daily that suit your body type. Certain foods … Continue reading →

The post Who Wants Belly Fat? appeared first on LewRockwell.

By Dr. Mercola For those of us living in the northern hemisphere, the winter solstice and least amount of daylight is fast approaching, as is the risk of Seasonal Affective Disorder (SAD). An estimated1 20 percent of Americans are affected by SAD each winter, suffering from the blues, fatigue, and in some cases, more serious depression as sunlight grows scarce. Worldwide, it strikes about 1 in 20.2 What differentiates SAD from regular depression is that a full remission occurs in the spring and summer months. The fact that SAD occurs when sunlight is at a minimum is not a coincidence. … Continue reading →

The post Do You Get the Winter Blues? appeared first on LewRockwell.

In the light of the conflicts in Ukraine and Syria, there has been much talk about the clouding of US-Russian relations. Some voices in the Internet’s alternative media sections have conjured the possibility that these conflicts might lead to a new major war, while social networks like Twitter saw the usage of the hashtags #WorldWarIII and #WorldWar3 explode after Turkey shot down a Russian Sukhoi Su-24 jet in the vicinity of the Syrian border. Headlines in mainstream media outlets like Foreign Policy and the Guardian also proclaimed, “Welcome to Cold War III” and asked “are we going back to the … Continue reading →

The post The Cold War Has Never Ended appeared first on LewRockwell.

On the Tuesday broadcast of “Pardon the Interruption” on ESPN, co-host Michael Wilbon reacted to the three Heisman Trophy finalists being named, calling Stanford running back Christian McCaffrey “the best player in college football by far.” Even though Wilbon said McCaffrey was the best, he speculated McCaffrey, who is a white running back, would receive more hype and attention if he were not a white running back. A white running back at the college level and higher has become a rarity in recent years, although Stanford’s Toby Gerhart, also white, was a Heisman finalist in 2009 when he finished runner-up to Alabama’s Mark … Continue reading →

The post Unlikely To Win the Heisman Because He’s White appeared first on LewRockwell.

In response to my most recent post regarding the Fed and interest rates, I receive an email query.  Having received permission to publish the email, here it is (with my thoughts / comments interspersed): Thanks for today’s article. I’ve been waiting for someone to address IOER for a long time. Please consider putting your mind to this as it may benefit those of us trying to navigate the storm ahead.  In reality, the Fed’s dual mandate is:  (1) to maintain and preserve the US dollar hegemony/monopoly here and abroad; and (2) keep alive the US federal government, its benefactor and … Continue reading →

The post The String Pullers at the Fed appeared first on LewRockwell.

“Air raid sirens wail, are you listening…in the lane, tanks are glistening…a frightening sight, we’re paranoid tonight…walking in a police state wonderland!” Wow, hasn’t the government put a lot of thought into this Christmas? I bet the argument this year won’t be over whether or not a Nativity scene can be put up in front of the courthouse, but if it’s appropriate to dress them all in SWAT team uniforms and put a surveillance camera in the manger. I bet they’ll have a B-52 bomber pulled by eight tiny reindeer. Frosty the Snowman is already a “person of interest” because he’s going … Continue reading →

The post The Only Thing We Have To Fear Is… appeared first on LewRockwell.

According to popular thinking, not every increase in the supply of money will have an effect on economic activity. For instance, if an increase in supply is matched by a corresponding increase in the demand for money, we are told, then there won’t be any effect on the economy. The increase in the supply of money is neutralized, so to speak, by an increase in the demand for money, or the willingness to hold a greater amount of money than before. What do we mean by demand for money? And how does this demand differ from demand for goods and … Continue reading →

The post No Booms and Busts appeared first on LewRockwell.

‘The Israeli occupation bulldozers launched on Wednesday morning a limited incursion into Palestinian lands in eastern al-Bureij refugee camp, in central Gaza Strip. Local sources said four Israeli army bulldozers of the D9 brand moved into the border fence in eastern al-Bureij refugee camp. The bulldozers raked through the area and leveled Palestinian lands amid […]

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