What Does Michael Burry Say About Today’s Economy and Investment Scene? Michael Burry was the hero of Michael Lewis’s book The Big Short, about the Crash of 2008, and also the hero of the popular film of the same name. Burry is a hedge fund investor (Scion Asset Management) who normally keeps a low profile. Lewis is perhaps the most readable writer on Wall Street today. His articles and books are always hard to put down, partly because he finds either very colorful figures or thoughtful, interesting, and little-known figures such as Burry and builds his story around them. New … Continue reading →

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Karl Marx is sometimes referred to as a secular prophet. He made lots of predictions. Most of them were wrong. He died in obscurity. Following the death of his wife, Jenny, in December 1881, Marx developed a catarrh that kept him in ill health for the last 15 months of his life. It eventually brought on the bronchitis and pleurisy that killed him in London on 14 March 1883 (age 64). He died a stateless person;[187] family and friends in London buried his body in Highgate Cemetery, London, on 17 March 1883. There were between nine and eleven mourners at … Continue reading →

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In the following instances, officials in the government which carried out the attack (or seriously proposed an attack) admit to it, either orally, in writing, or through photographs or videos: (1) Japanese troops set off a small explosion on a train track in 1931, and falsely blamed it on China in order to justify an invasion of Manchuria. This is known as the “Mukden Incident” or the “Manchurian Incident”. The Tokyo International Military Tribunal found: “Several of the participators in the plan, including Hashimoto [a high-ranking Japanese army officer], have on various occasions admitted their part in the plot and … Continue reading →

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This is a rumination on lies — layer upon layer of lies — told by US intelligence agencies and other officials about what Lee Harvey Oswald, or someone pretending to be him, was allegedly doing in Mexico City just weeks before the Kennedy assassination. The original goal, it seems, was to associate Oswald, in advance of the events of Dealey Plaza, with the USSR and Cuba. The essay focuses on tales told by Richard Helms, a top official of the CIA in 1963 who later became its director — and  is based on a talk given by Peter Dale Scott. … Continue reading →

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The best negotiator I knew always acted like an idiot. He acted so well that I thought he was really stupid. I also thought at the time that he was my best friend. That was probably an act also. Just two years later he stopped talking to me forever. I ran into him in the street the other day. He smiled and shook my hand. I felt warm, like he liked me again. Then he was gone. Negotiation is first about warmth. Two sides deciding if they want to be friends with each other. If they want to be in … Continue reading →

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After the Berlin Wall fell in November 1989 and the death of the Soviet Union was confirmed two years later when Boris Yeltsin courageously stood down the red army tanks in front of Moscow’s White House, a dark era in human history came to an end. The world had descended into what had been a 77-year global war, incepting with the mobilization of the armies of old Europe in August 1914. If you want to count bodies, 150 million were killed by all the depredations which germinated in the Great War, its foolish aftermath at Versailles, and the march of history into the world war and cold war which followed inexorably thereupon. To wit, upwards of 8% of … Continue reading →

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I got a couple emails that asked me, “Hey, don’t you think we NEED a military?! What are we going to do if we’re attacked?!” Very well. I’ll play. Pay attention, boys and girls. Get up and make coffee and settle in for a nice winter’s chat. NUMBER ONE: The reason we end up being “attacked” in this day and age is because we stick our rather big nose into everyone else’s business. Listen, we all cannot stand neighbors that do that, so how much more would another country hate that behavior? Especially when it comes in the form of killing … Continue reading →

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AquaBounty was very covert in its development of genetically modified salmon, eliciting a lawsuit against the Canadian government for producing GM salmon eggs, imported from facilities in Panama. Now that the FDA has deemed GM salmon ‘safe for sale,’ how will you know if your store is going to carry it, since the FDA does not require labeling? AquaBounty’s answer is vague.  “It is too early to discuss commercialization plans, but there are several paths to market that are being considered,” AquaBounty spokesperson Dave Conley told Civil Eats. [1] Your grocery store, farmers or fish market won’t have to tell you … Continue reading →

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…for Trump or Cruz?  Yes, because George Soros tells me not to: That is why, as 2016 gets underway, we must reaffirm our commitment to the principles of open society and resist the siren song of the likes of Donald Trump and Ted Cruz, however hard that may be. Why?  He says we have nothing to fear but fear itself.  Not exactly, but that is what he says. Trump and Cruz offer an irrational, fear-based response to Muslim terrorism, according to Soros (he is right, but not for the right reasons).  We must not let this irrationality control how we … Continue reading →

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A saliva test could predict how long we have got left to live. Researchers found that levels of a particular antibody falls the nearer a person gets to death. To reach their conclusion took samples from 639 adults in 1995 and tracked them over 19 years. They found that the levels of secretory immunoglobin A (IgA) fell the nearer the person got to death. Antibodies are used by the body to fight infection and are secreted by white blood cells. The researchers said the chemical appears to be a marker of mortality risk and is much less invasive than blood sampling. Testing … Continue reading →

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1) The Republican nominee for president in 2016 will be Donald Trump by unanimous acclamation of the Republican National Convention. Ted Cruz by unanimous acclamation of the convention. Mitt Romney after a contested, bitter, brokered convention. none of the above. 2) The Democratic nominee for president in 2016 will be Hillary Clinton. Bernie Sanders. Al Gore after a contested, bitter, brokered Democratic National Convention. not Hillary Clinton, because she will be indicted by a federal grand jury for various crimes. 3) The voters will elect in a landslide whoever promises to give them the biggest piece of the federal pie. … Continue reading →

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