White House

Washington: The Bleeder Of The 'Free World'?

"This is not the idealized conduct of the self-proclaimed 'leader of the free world'. America is increasingly seen as the 'bleeder' – a declining power which wants to suck the economic lifeblood from others in order to sustain itself. .."

This Is How Tyranny Rises And Freedom Falls: The Experiment In Freedom Is Failing

"It is easy to be distracted right now by the circus politics that have dominated the news headlines for the past year, but don’t be distracted... we’re being subjected to the oldest con game in the books, the magician’s sleight of hand that keeps you focused on the shell game in front of you while your wallet is being picked clean by ruffians in your midst... This is how tyranny rises and freedom falls."

This Could Be A Problem For Markets

Should John Taylor become Fed chair, it could be a substantial problem for risk assets because according to the Taylor Rule, the estimated Fed Funds rate should be not at 1.25% where it currently is but... 5.7%!

Frontrunning: October 16

  • Iraq-Kurd Fighting Threatens to Undo Anti-ISIS Coalition (WSJ)
  • Oil rises as fighting escalates in Iraq's oil-rich Kirkuk (Reuters)
  • Madrid moves towards direct rule over Catalonia (Reuters)
  • Central Bankers Cling to Stimulus Amid Weak Inflation (WSJ)
  • White House pitches corporate tax cut as win for workers (Reuters)

The Legacy Of Reagan's Civilian 'PsyOps'

"In more recent years, the wording of the program may have changed to more pleasing euphemisms. But the idea is the same: how you can use psyops, propaganda and disinformation to sell U.S. government policies abroad and at home."

Chris Hedges: Elites "Have No Credibility Left"

"...commercial broadcast networks, like CNN and MSNBC, are not in the business of journalism. They hardly do any. Their celebrity correspondents are courtiers to the elite...They sacrifice journalism and truth for ratings and profit... they've embraced identity politics. We saw where that got us with Barack Obama, which is worse than nowhere..."