Total State Or Total Freedom: The 8 Marks Of Fascist Policy

It is ever more widely known that statism does not and cannot work. Statism is the great lie. Statism gives us the exact opposite of its promise. It promised security, prosperity, and peace; it has given us fear, poverty, war, and death. If we want a future, it is one that we have to build ourselves. The fascist state will not give it to us. On the contrary, it stands in the way. In the end, this is the choice we face: the total state or total freedom. Which will we choose?

A Kingdom In Turmoil: Saudi Societal Discontent Grows

"Given the current state of affairs in the Middle East, continued Saudi support for extremism and terrorism and increasing Islamic terror attacks on Europe and the US, US/Saudi relations will continue to deteriorate or remain in flux, regardless who wins the US Presidency in November 2016... we are likely to see more societal discontent and harsher responses by the Saudi oligarchy. Some signs are already evident..."

Close All Mosques, Ban Koran; Poll-Leading Dutch 'Freedom' Party Unveils De-Islamization Manifesto

Geert Wilders, head of the right-wing Dutch Freedom Party (PVV), launched a new manifesto that calls for the "de-Islamization" of the Netherlands" as he leads in the polls to become the next prime minister. Titled, "The Netherlands is ours again," Wilders calls for, among other things, the closure of all mosques and Islamic schools, a ban on the Koran and on "Islamic headscarves" in public, and "no more immigrants from Islamic countries."

Is This Hillary Clinton's Roadmap For America?

There are eight levels of control that must be obtained before you are able to create a socialist state. The first is the most important...HealthcareControl healthcare and you control the people.

Harvard Professor Demands Ban On $20, $50, $100 Bills

Six months since Larry Summers first suggested "it;'s time to kill the $100 bill," and three months after The ECB actually killed the €500 Note, another Harvard 'scholar' is reinvigorating the war on cash. Amid claims that paper money fuels corruption, terrorism, tax evasion, and illegal immigration, Ken Rogoff (ironically of "It's Different This Time" infamy) says the US should get rid of the $100 bill (and $50s and $20s) proposing, in his words, "a 'less-cash' society, not a cashless one, at least for the foreseeable future."

Clinton's Pay-to-Play Is The Natural Consequence Of Big Government

Government interference impedes the entrepreneur’s use of economic calculation and the attempt to use prices to impose managerial discipline. Taxes and price regulations that interfere with corporate pro?ts (distorting an important signal of employee performance); laws that interfere with hiring and promotion (including the need to hire people to deal with government); and the omnipresent threat of arbitrary antitrust or regulatory activity, in response to which entrepreneurs must become adept at "diplomacy and bribery."

How Obamacare Destroyed The Middle Class In One Chart

For those wondering why the "recovery" from the "great recession" has been so muted perhaps you need to look no further than the massive healthcare tax imposed on the middle class by Obamacare...

Europe: The Substitution Of A Population

In one generation, Europe will be unrecognizable. Eastern Europe now has "the largest population loss in modern history", while Germany overtook Japan by having the world's lowest birth rate. Europe, as it is aging, no longer renews its generations, and instead welcomes massive numbers of migrants from the Middle East, Africa and Asia, who are going to replace the native Europeans, and who are bringing cultures with radically different values.

In "Victory For Eurosceptics" British PM Will Begin Brexit Negotiations Without Parliamentary Vote

In what the Telegraph dubs a victory for Eurosceptics, the conservative newspaper reported overnight that Britain's new Prime Minister, Theresa May, will not hold a parliamentary vote on Brexit before formally triggering Britain's withdrawal from the European Union. "Her decision will come as a blow to Remain campaigners, who had been hoping to use Parliament to delay or halt Brexit entirely."

The Number One Factor Influencing Fed Monetary Policy

In short, the economic model of the second half of the 20th century is over.  Increased issuances of debt no longer translate into increased economic growth.  Instead, they produce wild asset price swings, casino style speculation, and epic bubbles and busts.  Nonetheless, the technocrats continue offering up yesterday’s solutions with unabashed certainty.

Recession Odds Spike To 37%, JPM Calculates, Highest Yet For This Cycle

While not as dire as the recent analysis by Deutsche Bank, overnight JPM released its latest recession probability analysis, and - somewhat unexpectedly following the last two stellar job reports and a full court political press that the recovery has rarely been stronger going into the election - now sees a 37% chance of a recession in the next 12 months. This is the highest recession probability calculated by Jamie Dimon's bank during the current economic cycle, and matches the odds first laid out in early July.

What Went Wrong Yesterday

The answer to ‘How do you stimulate the economy when there are no more conventional rate or unconventional QE/forward guidance tools?’ is ‘Broaden the set of assets that you can buy”. And while Congress may be unwilling when the unemployment rate is under 5%, they may be more willing at 7% if a recession is underway….and this means they can continue to do slow and unsteady hikes, based on the current framework.

Introducing America's Winningest Political Candidate: "Lesser Evil"

The political duopoly in America simply does not work; nor does it offer hope for a future cohesive society. It may have reasonably worked in the past because of our very gifted, blessed economic advantages... but those advantages are either gone or exiting fast. A corporate media that would force bringing Greens and Libertarians to the presidential debates in 2016 would forever find its penitential-redeeming place in America’s history.