• 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...

Ohio

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One Man (Who Is Not A Fan Of Trump) Explains Why Trump Winning Is Good For Democracy





Irrespective of what you think of Trump, his continued survival in the Presidential circus is undoubtably good. Not because he’s some sort of savior who will “Make America Great Again,” but because he’s bringing up issues he’s not supposed to bring up. At the end of the day, it’s not the actions of any particular individual that instills true fear in the U.S. establishment and deep state government. What really scares them is a population capable of critical thought beyond false left-right paradigm talking points...

 
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Watch Live: John Kasich Announces End Of His Presidential Campaign





It's all over but the press conference (and perhaps elbowing his wife in the face). Watch John Kasich announce he is taking the exterminaTed way out, and also suspending his presidential campaign one day after Ted Cruz did the same, and leaving Donald Trump the official GOP candidate.

 
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The Beginning Of The End For Cruz? Here Are Five Things To Watch For In Indiana Today





Update: *PAUL RYAN SAYS TRUMP WILL BE NOMINEE IF HE WINS INDIANA: CNBC

Today's primary in the Hoosier State could prove to be the last stand for Ted Cruz and John Kasich, as The Donald looks to deliver the final knockout blow to the two challengers. If Trump wins, it certainly would be an embarrassment for a GOP establishment that has literally done everything it can to stop Trump, most recently touting the Cruz/Kasich alliance that self-destructed just hours after it was announced.

 
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State-Sanctioned Theft - The Failed War On Drugs And Cops' Abuse Of Civil Forfeiture





The ugly unspoken truth is that the War on Drugs is a massive jobs and funding program for law enforcement that is operated under the guise of saving people from the evils of substance abuse. More than 40 years after it was started, we know that it has been a colossally-expensive epic failure on its stated goals, was intentionally designed to further disenfranchise marginalized groups, and has become a full-fledged assault on our civil liberties.

 
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The Full Story Behind Bloomberg's Attempt To "Unmask" Zero Hedge





Over the years, Zero Hedge has proven to be a magnet for media attention. Today, it is Bloomberg's turn.

 
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"It's Hard To Believe" - Establishment Stunned As Trump Gains 'Wealthy, Well-Educated' Voters





Not only is Donald Trump likely to gather the most votes of any GOP Presidential nominee ever, having swept the East Coast and crushed the anti-Trump alliance between Kasich and Cruz even before it made the news cycle; but now, as Reuters reports, the GOP establishment faces an ever bigger problem. Wealthy, well-educated voters helped carry the Republican front-runner to victory this week - a demographic the famously blunt-spoken billionaire had struggled to attract in the past.

 
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John Boehner Calls Ted Cruz "A Miserable Son Of A Bitch, Lucifer In The Flesh"





Is the establishment's fervent hatred of Donald Trump starting a U-turn? It's still too early to know, however at least one core Republican, former house speaker John Boehner, has made it very clear he is not a fan of Ted Cruz. At all. So much so that according to NBC the former Republican House Speaker told an audience at Stanford University Wednesday that the Texas senator is "Lucifer in the flesh" and a "miserable son of a bitch...  I have never worked with a more miserable son of a bitch in my life."

 
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The Enabler & The Lifeline: Diamond Resorts & Quorum FCU





Diamond has a good thing going with Quorum: they get access to ample credit, especially for those applicants with weaker credit profiles. From a Diamond investor's perspective, it would be a shame if anything changed. The post credit-crisis strategy of focusing on esoteric lending opportunities like VOI (as well as taxi medallions, hearing aids and fertility treatments) to generate revenues and membership has run into both a broader slowdown in the consumer credit cycle as well as more specific problems, like an increasingly worried regulator.

 
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Ted Cruz To Make "Major Announcement" At 4 PM





Repuglican presidential candidate Ted Cruz, and arguably the biggest loser from last night's "Acela Primary", said he will make a major announcement at 4 p.m. on Wednesday but gave no other details. Based on tangential evidence, Cruz will most likely announce that he has picked Carly Fiorina as a vice presidential candidate, even though he no longer has even a mathematical chance of winning enough delegates to be given the nomination.

 
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Censored, Surveilled, Watch-Listed, & Jailed: The Absurd Citizenry Of The American Police State





With the help of automated eyes and ears, a growing arsenal of high-tech software, hardware and techniques, government propaganda urging Americans to turn into spies and snitches, as well as social media and behavior sensing software, government agents are spinning a sticky spider-web of threat assessments, behavioral sensing warnings, flagged “words,” and “suspicious” activity reports aimed at snaring potential enemies of the state. It’s the American police state’s take on the dystopian terrors foreshadowed by George Orwell, Aldous Huxley and Phillip K. Dick all rolled up into one oppressive pre-crime and pre-thought crime package.

 
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Not Interested: 4.5 Million Voters Sit Out Democratic Primaries





For the past few months, we have been shown the massive crowds of millennials flooding Bernie Sanders rallies, and the dyed in the wool democrats who have been flocking to Hillary's. The narrative has been that the Democrats have really generated some enthusiasm this year that hasn't been seen in the past. As is often the case, however, propaganda is much different than reality.

 
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10 Key Things To Watch In Tonight's Presidential Primary Bonanza





Today we see five states hold the presidential primaries, the so-called "Acela Primary" as most of the states up for grabs fall along Amtrak’s Acela train line between Washington, D.C., and Connecticut, and with Hillary comfortable, and Trump looking for a sweep as he surges on the back of yet another failed "stop-trump" attempt, there should be no real surprises when polls close this evening.

 
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Trump Slams "Horrible Act Of Desperation" As Cruz And Kasich Form Last Minute Alliance To Stop Him





In the bottom of the 9th, with two out and the bases loaded, Ted Cruz and John Kasich are attempting one final maneuver to stop Donald Trump from getting the GOP nomination. Trump was quick to respond: "when two candidates who have no path to victory get together to stop a candidate who is expanding the party by millions of voters, (all of whom will drop out if I am not in the race) it is yet another example of everything that is wrong in Washington and our political system," he said. "This horrible act of desperation, from two campaigns who have totally failed, makes me even more determined, for the good of the Republican Party and our country, to prevail!"

 
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