Category: Aggregated

As Doug Casey has correctly noted, the prime directive of any organism—whether it’s an amoeba or a person or a corporation or a government—is to survive. That’s why the US government protects the petrodollar so zealously. It needs the system to survive. World leaders who have challenged the petrodollar recently have ended up dead… Why Everyone Uses the US Dollar… for Now In the 1970s, the US government struck a series of deals with Saudi Arabia, creating the petrodollar system. The US promised to coddle and protect the Saudi kingdom. And, in exchange, Saudi Arabia would use its dominant position … Continue reading →

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A bitter Hillary Clinton may have finally just developed a plan that would fulfill her lifelong dream of wielding complete power while simultaneously granting her detractors their lifelong dream of being rid of her.  The plan, apparently hatched in an interview with Now This News, envisions Hillary traveling to an alien planet, Earth 2, where she could rule the non-existent masses with impunity. Unfortunately, this is not a joke…in an interview that starts with the ‘Now This’ anchor declaring that “people joke about Earth 2, where you are president” (a joke that literally no one has ever told), an awkward, giggling Hillary comments … Continue reading →

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Should the government borrow against the future? Should it guarantee higher taxes for your children and grandchildren in return for lower taxes for you? If government’s moral legitimacy depends on the consent of the governed, as Thomas Jefferson argued in the Declaration of Independence, can the federal government morally compel those who haven’t consented to its financial profligacy — because they are not yet born — to pay higher taxes? These questions are at the base of the debate — such as it is — in Congress these days over the so-called Republican tax reform plan. But you will not … Continue reading →

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It is no secret that Americans are losing trust in large institutions that were once believed to be beyond reproach. The media, once considered a paragon of integrity, is viewed with cynicism and suspicion. Our former faith in governmental programs and the ‘best and brightest’ has plummeted steadily from doubt into resentment. So it seems politically foolish for the U.S. Food and Drug Administration, in the midst of its own opioid crisis, which has wrought hundreds of thousands of deaths, laid waste to the life prospects of millions, and lined the pockets of its unscrupulous partner corporations, to issue a … Continue reading →

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Stan Freberg was a very funny man. I first wrote about him in 2003. He was part of the original Time for Beany, a local Los Angeles TV hand puppet show, which was immensely popular locally in 1949, and then went national from 1950 to 1955. Albert Einstein loved it. So did Groucho Marx. He did comedy skits on records, beginning with John and Marsha in 1951. He did some of the most clever TV ads for half a century. He ran his own ad agency, Freberg, Ltd. (But Not Very). The company’s motto was “Ars Gratia Pecuniae” (Latin for “art for money’s sake”). In … Continue reading →

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Scholasticism: is a method of critical thought which dominated teaching by the academics (“scholastics,” or “schoolmen”) of medieval universities in Europe from about 1100 to 1700, and a program of employing that method in articulating and defending dogma in an increasingly pluralistic context. I have just completed reading the 2 volume Austrian Perspective on the History of Economic Thought by the Jewish/Austrian School economist Murray Rothbard. This is a magisterial (the edition sold by the Mises Institute is 1084 pages (2006, originally published in 1995)) survey of economic thought from antiquity up to the modern era in volume 1 and … Continue reading →

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Let me confess that I’ve never liked Ben Shapiro, ever since I first saw his smirking face on Fox-news. He spouts minicon banalities with all the smiling assurance of a con artist selling ownership deeds for Time Square. It’s also annoying to watch all the media-authorized conservatives drooling over Ben every time he opens his mouth to say something that is strikingly uninteresting. Therefore when he was dispatched to Berkeley by conservatism, inc. to defend free speech, values or whatever else he was sent there to defend, I found myself actually rooting for the antifascist mobs. These rowdies looked far … Continue reading →

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Card games have been around for a long time. They’ve existed in various forms for a millennium, having been invented in the Far East. From there, they came West with trading, and in the 1400s the French solidified the 52-card deck and the four suits — spades, clubs, hearts, and diamonds — that we use today. While different cultures and nations use different sets of cards, that system is the most widely used around the world. For literally centuries now, friends, families, and strangers have convened around bar tops, campfires, and dining room tables to play friendly and perhaps not-so-friendly games of cards. … Continue reading →

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The Wall Street Journal published a superb example of hopium recently in a sunny-side-up story entitled “U. S. Manufacturing Rides Rising Tide, Buoyed by Global Growth, Optimism.” Indeed, this lazy cheerleading excuse for journalism captured the sum and substance of why the punters keep buying the dips despite troubles gathering all around. That is, as the tax bill falters, the crusade to remove the Donald from office gathers strength, the Fed moves into balance sheet normalization and instability breaks out all over the world from the Persian Gulf to the Korean peninsula. You would think the title says it all, but the … Continue reading →

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I’m a man. There, I’ve said it. At the risk of offending the world’s increasing army of hypersensitive PC-crazed snowflakes, I am proudly and unapologetically identifying as a male. I realise that for some people, this admission alone is currently tantamount to having me fired, arrested and possibly publicly executed. Think I’m being ridiculous? Think again. Last night, popular US Teen Vogue writer Emily Lindin tweeted this to her 22,000 followers: ‘Here’s an unpopular opinion. I’m not actually at all concerned about innocent men losing their jobs over false sexual assault/harassment allegations.’ Buy Silver at Discounted Prices So yes, for … Continue reading →

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Historically, Thanksgiving has been a feast day during which Americans are called upon to thank the Lord for the many blessings he has bestowed upon us. Richard J. Maybury and Gary Galles both explain the economic lessons to glean from the experience of the Pilgrims and both note that the primary reason for God’s blessing them with relative prosperity after years of famine and hunger was a shift away from socialism and toward private property. In their essays, both authors draw upon William Bradford’s History of Plymouth Plantation to get the story straight from the source. One misconception that is still with us is that the … Continue reading →

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