Archive

January 18th

The Dangers Of A "Universal Basic Income"

As has always been the case, it is necessary to create wealth before it is possible to redistribute it, and policies that encourage movement toward less productive types of work will fail to produce the wealth that government planners would like to spread around.

Here's Why America's Drug War Has Been An Epic Failure

If the goal is to put an end to the illicit drug trade, the federal government is embracing the very opposite of what they ought to, allowing their attempts to restrict drugs to empower black market entities taking advantage of anti-drug laws. Increasing the budget of law enforcement agencies and adding to the ever-growing burden on the U.S. taxpayer is not going to do anything to fix it.

Trump Could Go Down As The Worst President... (But It Will Not Be His Fault)

History books remember Herbert Hoover as one of the worst American presidents. Hoover inherited a stock market bubble near its peak - fueled by the Fed’s easy money policies. Trump has, too. And he knows it. Trump is the perfect scapegoat. If new shantytowns sprout up, they won’t be Hoovervilles - they’ll be “Trump Towers.” All this is why what happens after Trump’s inauguration could change everything... in sudden, unexpected ways.

January 17th

US F-16 Photographed In Mock Dogfight With Russian Su-27 Above Area 51

"The Flanker is rumoured to have been flying from Groom Lake for nearly 20 years, but no-one has ever managed a definitive photograph to prove it does exist. This sequence of photos is the first proof that the Americans are flying this aircraft, which is the premier Air Defence Fighter in use with the Russian and Chinese Air Forces."

The Dallas Pension Fiasco Is Just The Beginning

The recent blow-up of the Dallas Police and Fire Pension System was entirely predictable. The combination of overpriced financial markets, inadequate contributions and overly generous pension promises mean dozens of US local and state government pension plans will end up in the same situation.

A Violent Inauguration? A Call For Peace On Inauguration Day

Should violence occur on inauguration day, a story which will quickly spread will be one of a divided America, an inauguration with a violent and extreme reaction to a “divider president”, Donald Trump. But it is not Donald Trump who has been sitting in the seat of power over the past eight years using veiled encouraging statements like this to his SJW audience;  that one falls squarely into the lap of the sitting president.

Trader Warns: The "Cure-Through-Greater-Inequality" Paradigm Just Snapped

For years, post-financial crisis policy was conducted on the self-serving belief that it works best by propping up asset (especially equity) prices, which will then cause some of the goodies to trickle down... known in the non-official journals as “cure through greater inequality." But, if global politics turn decidedly ugly, it should not be profound to believe that could act as a drag on world growth...

"Common Sense" - Addressed To The Inhabitants Of 2017 America

The election of Trump did not mark the end for the Deep State, but just the beginning of the end. Just as Paine’s Common Sense denoted the beginning of a long string of bloody trials and tribulations, Trump’s ascendency has marked the beginning of a battle – with the outcome dependent upon our response to the clashes ahead. It's unclear if Trump supporters realize how abnormal, deviant, and despicable their opponents are. Blood will be spilled. Violence will beget violence. The country is already split and the divide will only grow wider. Someone will win and someone will lose. Our choices will matter.

Julian Assange Responds Amid Growing Extradition Speculation

"The Department of Justice should not pursue any charges against Mr. Assange based on his publication of truthful information and should close its criminal investigation of him immediately... Assange is confident of winning any fair trial in the US. Obama's DoJ prevented public interest defense & fair jury."