Writing yesterday about Russian President Vladimir Putin’s speech heard round the world on new Russian economic policies and new-technology strategic weapons systems, the former Foreign Minister Igor Ivanov stressed, “Russia is offering an olive branch…

Writing yesterday about Russian President Vladimir Putin’s speech heard round the world on new Russian economic policies and new-technology strategic weapons systems, the former Foreign Minister Igor Ivanov stressed, “Russia is offering an olive branch…

Wisconsin – 29 December 2018 was the 44th anniversary of the first showing of Stanley Kubrick’s nuclear war satire “Dr. Strangelove Or: How I Learned to Stop Worrying and Love the Bomb.” It premiered that day in New York, Toronto and London. In one of the classic scenes Major T.J. “King” Kong is going through his emergency survival kit that the Air Force has provided him on his B-52 nuclear bomber aircraft. You will remember Major Kong (played by actor Slim Pickens) as he rides the nuclear bomb down to the target all the time waving his cowboy hat. A few … Continue reading →

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A distinguished social economist of my acquaintance, Carl Horowitz, produced a penetrating essay, which is available in the latest issue of Social Contract, on “The Alliance of Corporate Capitalism with Political Radicalism.”  Carl demonstrates that black nationalists, revolutionary socialists, and off-the-wall feminists have loyal benefactors among the corporate boards of high-tech enterprises and in older corporations like Pepsi-Cola and Citibank.  Carl’s illustrations are vivid and shocking, and his well constructed speech leads me to raise two questions occasioned by his evidence. One: Carl describes his targets as people who are betraying the free enterprise system that has allowed them to flourish, but it might … Continue reading →

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A revealing look by someone who has loved the weather since his first memory–and has worked in the field for over 40 years–at what is really inside the man-made “climate change” agenda. The author shows through countless examples, the exploitation, politicization, and weaponization of weather and climate in an effort to promote an agenda that runs counter to the foundations this nation was built on. Joe is the most accurate weather man in the world I think. He’s accurate because he studies the past and compares it to the present conditions. He also uses actual temperatures not manufactured ones. He … Continue reading →

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Trump is getting heat for his threat to impose tariffs on “imported” cars in order to help American car companies. But what about all the “American” cars built outside America? And what about the “import” brands that build their cars here? GM and Ford and FiatChrysler have plants in Mexico. The American 1500 series trucks they build there are shipped here. They are objectively imported. Should they be tariffized? Toyota has a yuge operation in California. Nissan builds its trucks in Tennessee. Honda has plants in Ohio. BMW builds SUVS in South Carolina. Are these “imported” cars? Should they receive protection from the “foreign” competition – even if … Continue reading →

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Alhambra Investment Partners CIO Jeffrey Snider returned to Erik Townsend’s MacroVoices podcast this week to discuss one of his favorite topics: How central banks’ use gold lending to manipulate their balance sheets, and also to manipulate the broader market for precious metals by sheer dint of their size, and willingness to buy and sell without any consideration for the price. Their conversation begins with Snider explaining the history of “gold swaps” between central banks that helped birth the concept of fractional reserve lending. The first “gold swap” conducted between the Federal Reserve and the Bank of England: The Fed handed the BOE $200 million … Continue reading →

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President Trump declared last week that the law enforcement should “take the guns first, go through due process second.” But the history of federal firearms enforcement shows that due process is often a mirage when federal bureaucrats drop their hammer. Before enacting sweeping new gun prohibitions, we should remember the collateral damage and constitutional absurdities from previous federal crackdowns. Gun control advocates have called for prohibiting possession of AR-15 rifles — a ban that could create five million new felons overnight, since most owners would not meekly surrender their firearms at the nearest federal office. Others advocate outlawing all semi-automatic firearms — an edict first … Continue reading →

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Late Monday afternoon, we were treated to a series of bizarre interviews on nearly every major cable television channel except Fox when a colorful character named Sam Nunberg, a former personal and political aide to Donald Trump, took to the airwaves to denounce a grand jury subpoena he received compelling the production of documents and live testimony. The grand jury is one of two summoned by special counsel Robert Mueller in his investigation of whether President Trump or his colleagues engaged in any criminal activity prior to or during the presidential campaign, or during his presidency. At several points in … Continue reading →

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Or…try living life as a minority in a dying empire… The Fall of the Ottomans: The Great War in the Middle East, by Eugene Rogan We are now at the end of the Second Balkan War.  Having recovered some of the previously lost territories, there was a new sense of optimism.  For decades, the outskirts of Empire were whittled away, mostly by colonial Western powers – a dying empire.  The end result of this most recent war was to turn the tide…if only momentarily. The Ottomans were determined to play both sides against the other in the fast-approaching war, delaying for an extended … Continue reading →

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The Italian elections have resulted in the predicted swing against the centre-left pro-EU Democratic Party, the successor of Italy’s once mighty Communist Party – the party of Togliatti and Gramsci – and today the Party of outgoing Prime Minister Paolo Gentiloni and former Prime Minister Matteo Renzi. From a position in 2008, when the Democratic Party won 37% of the vote in the parliamentary elections of that year, it fell to 25% of the vote in the elections of 2013, and has no fallen further to just 19% of the vote in the elections which have been held now. The … Continue reading →

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On March 1, 2018 Vladimir Putin, President of Russia, gave his annual State of the Nation speech in Moscow. The last third of his 2-hour, 13,340-word speech dealt with nuclear treaties and nuclear weapons. On this day in this speech Vladimir Putin unveiled five new Russian nuclear-weapon systems (pausing after describing each one to show a video CGI simulation of it). Like Sputnik in the Cold War Space Race, these highly advanced strategic nuclear weapons checkmate U.S. military supremacy. These weapons systems also render aircraft carriers and submarines obsolete. One is a drone, in this case a nuclear-powered underwater drone. … Continue reading →

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