Wall Street Journal

Paul Craig Roberts: "Fellow Americans, Wake Up & Escape The Matrix"

Fellow Americans, if you care to avoid vaporization and, assuming we do avoid it, live a life other than serfdom, you must wake up and realize that your most deadly enemy is Washington, not the hoax of “Russian aggression,” not the hoax of “Muslim terrorism,” not the hoax of “domestic extremism,” not the hoax of welfare bankrupting America, not the hoax of democracy voting away your wealth, which Wall Street and the corporations have already stolen and stuck in their pockets. If you cannot wake up and escape The Matrix, your doom will bring the doom of the planet.

Baby Bust: US Fertility Rate Unexpectedly Drops To Lowest On Record

Economists figured the recovery would bring about increased confidence and a rise in the birth rate. Instead, the rate dropped into a tie with the lowest birth rate on record. This is yet another surprise for economists to ponder. Time for Janet to start printing babies?

How California's Primary Was Rigged Against Independent Voters

Rigging a primary can and does take many different forms. The most effective form of rigging actually takes place in subtle ways via long-exisiting Stalinist rules that normally don’t swing an election, but serve as an effective firewall against outsider candidates when they eventually do pose a threat. That way the establishment can claim “it’s always been this way,” as if that’s a justification for shadiness. This was the type of rigging we saw in New York, and the type we saw yesterday in California.

The New "Hope"

What you think about the market doesn’t matter. What everyone thinks about the market (the consensus) doesn’t matter. What matters is what everyone thinks that everyone thinks about the market, and the way you get ahead of this game is to track the “Missionary statements” of politicians, pundits, and bankers made through the four media microphones where the Common Knowledge of markets is created: The Wall Street Journal, The Financial Times, Bloomberg, and CNBC. Today the investment hope that has crystalized into an investment theme is the notion that soon, just around the corner now, perhaps as a result of the next mystery-shrouded meeting of the world’s central bankers, perhaps as a result of the U.S. election this November, we will enjoy a coordinated global infrastructure spending boom.

How Americans Came To Die In The Middle East

The writing of this historical synopsis is an attempt by this former artillery officer with a father buried in a veteran’s cemetery to understand why brave Americans were sent to their death in the Middle East and are still dying there. The hope is that we finally can learn from history and not keep repeating the same mistakes.

Hillary's Lead Over Bernie Sanders Evaporates Ahead Of California Primary

According to a new Wall Street Journal/NBC News/ Marist poll, Hillary Clinton and Bernie Sanders are now deadlocked in California ahead of next week’s high-stakes primary, raising the prospect of a surprise outcome that would give Mr. Sanders confidence to carry his campaign into the party’s convention next month. According to the WSJ, Clinton leads the Vermont senator by just 2 percentage points among likely Democratic primary voters, 49% to 47%, well within the survey’s margin of error. The poll signals a closer contest than expected just weeks ago.

American Serfdom: Companies Offer Loans For Living Expenses To Destitute Employees

Share prices in America aren’t at all time highs because the country is doing well. Share prices are at all time highs because executives and shareholders are extracting a historically dangerous piece of the overall economic pie. If this trend continues, someone like Donald Trump will be the least of our concerns. It appears companies are coming to the realization that their employees are so broke they’re resorting to payday lenders just to survive. Rather than boost wages, many are resorting to offering loans.

Do "Targeted" US Killings Of Militant Leaders Work? Not So Much

The key question around the US killings of militant leaders is do they even work? This is something the Wall Street Journal also pondered in a recent piece on just how effective US strikes on leaders of militant groups are in the long run. On one hand, it does appear as though the killing of Osama bin Laden has hurt Al Qaeda; on the other, the killing of Mansour may not have much of an impact at all on the Taliban.