• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

New York Times

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Hillary Clinton’s Six Foreign-Policy Catastrophes





Many commentators have mentioned that Hillary Clinton left behind no major achievement as the U.S. Secretary of State; but, actually, she did. Unfortunately, all of her major achievements were bad, and some were catastrophic. Six countries were especially involved: Honduras, Haiti, Afghanistan, Libya, Syria, and Ukraine. The harm she did to each country was not in the interest of the American people, and it was disastrous for the residents there. Hillary Clinton at every campaign debate says “I have a better track-record,” and that she’s “a progressive who gets things done.” Here’s what she has actually done when she was Secretary of State...

 
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"I Guess It's Food Stamps": 400,000 Americans In Jeopardy As Giant Pension Fund Plans 50% Benefit Cuts





"You know anybody hiring a 73-year-old mechanic? I’m available."

 
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"Bigger Than Watergate" - Hillary Clinton And The Syrian Bloodbath





The U.S. policy was a massive, horrific failure. Assad did not go, and was not defeated. Russia came to his support. Iran came to his support. The mercenaries sent in to overthrow him were themselves radical jihadists with their own agendas. The chaos opened the way for the Islamic State, building on disaffected Iraqi Army leaders (deposed by the US in 2003), on captured U.S. weaponry, and on the considerable backing by Saudi funds. If the truth were fully known, the multiple scandals involved would surely rival Watergate in shaking the foundations of the US establishment.

 
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The Mainstream Media Wants Marco Rubio To Be Your Next President





The rehabilitation had begun almost as soon as the New Hampshire debate ended, and it was pre-ordained that as soon as the South Carolina debate ended, the media would announce that Rubio is back on the ascent — a self-fulfilling prophecy, if ever there was one. After all, the media were the ones writing the script. It is going to take a lot more than self-inflicted wounds to fell this candidacy. It is going to take an objective media. Good luck with that.

 
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Will Gold Be The World's Best Currency, Again?





If you are an investor, this may be the time to have a serious talk with the face you see in the mirror and ask: Have we really moved on from the ‘barbarous relic’? Can paper money keep its value when all the Central Bankers and planners in the world are intent upon printing as much of it as they possibly can? Is it different this time?

 
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Repricing Reality





It ought to be a foregone conclusion that Mr. Obama’s replacement starting January 20, 2017 will preside over conditions of disorder in everyday life and economy never seen before. For the supposedly thinking class in America, the end of reality-optional politics will come as the surprise of their lives.

 
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America's Corrupt Media – How Reporters Took Direct Orders From Hillary's Staff





"A newspaper is a device for making the ignorant more ignorant and the crazy crazier." If you really want to know how weak Hillary Clinton is as a candidate, you merely have to appreciate that the U.S. media essentially acts as her own personal PR firm, yet the public still recognizes her as a dishonest crook. Brace yourself for the following story, it’s huge.

 
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"Timmy" Geithner Gets Loan From Jamie Dimon For PE Investment





“You are in a position to make 20 percent to 30 percent on your position in the fund. Why wouldn’t you buy in at Libor-plus to leverage that up?”

 
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Germany Shuts Down Canadian Bank Tied To Money Laundering





For the first time since 2012, Bafin - Germany’s banking regulator, which for a minute looked like it might actually accuse Anshu Jain of lying about LIBOR - has closed a bank. All financial transactions by Maple Bank of Canada’s German subsidiary have been halted due to "imminent over indebtedness."

 
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Madeleine Albright Stunner: "There's A Special Place In Hell For Women Who Don't Help" Hillary





The Clinton campaign must be in full panic mode to resort to spewing this kind of utter garbage...

 
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How Did The World Get This Way?





The idea that you can fix bad debt with more debt is as prevalent as the idea that the US economy can be binge hiring while careening into recession. What’s truly sad is that those two mistakes are really, at root, the same. The road ahead to real recovery and sustainable growth starts with “unlearning” monetarism. It is a huge task.

 
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Welcome To The Recovery: 1 In 7 Americans (45.5 Million) Remain On Food Stamps





More than six years into Dear Leader’s glorious economic recovery, 45.5 million Americans, or one in seven, remain on food stamps. We'd say that’s a problem, but we don’t want to be accused of “peddling economic fiction.”

 
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