Guest Post

Guest Post: Organizing Against Tyranny

If you are one of the slithering acolytes of political theory then the primary tool of organization for you is to lie, and to lie often. Tricking people into action using false premises, telling people what they want to hear rather than opening their eyes to reality, is perhaps the easiest way to build a movement. Of course, that movement will eventually destroy itself as the lies begin to inhibit progress rather than inspire it. But in most cases, by the time the organization self-destructs it has already been exploited for the nefarious purpose it was intended. For the liberty movement, the movement against globalization and forced centralization of financial and political power, lies are simply not an option. We must organize around the truth, no matter how painful it happens to be.

Guest Post: That Feeling That Something Dramatic Is About To Happen

There is intense debate going on in the worlds of economics, politics, and finance as to whether we will, in 2015, experience the mother of all stock market crashes or whether, instead, we will float along ever higher on the happy cloud that has been making at least some people rich over the last few years (or whether, for a third possibility, we will just muddle along somewhere in the middle). Beyond the diatribes from the punditocracy, there is a mood – maybe it is idiosyncratic – but there’s the feeling that something dramatic is about to happen. I mean, a snowstorm hits and the local supermarket runs out of bread?! Are we all rehearsing for something here?

Guest Post: Why I Fled Argentina After Breaking The Story Of Alberto Nisman's Death

UPDATE: Argentine President Fernandez claims "unprecedented" media attacks, plans to dissolve Intelligence Service, announces new Agency.

Writing for Haaretz.com, Jewish journalist Damian Pachter – who first reported on the death of the special prosecutor – recounts the intimidation, the sleepless nights, the agent who stalked him and his ultimate decision to head for Israel... "So here they are, the craziest 48 hours of my life..."

Guest Post: The Impact Of Crude's Collapse On The Islamic State

As oil prices continue to fall, flirting with the US$40/bbl floor, there has been much talk of cheap oil’s winners and losers. The discussion has focused on big producer and consumer countries, but there may be another contender in the loser category – namely, the Islamic State (IS). In its gambit to become a state, it unwittingly became a hydrocarbon state, and as such has exposed itself to the same economic volatility that plagues other rentier states.

Guest Post: Oil Kings - The House Of Saud's Uncertain Future

When 90-year-old Saudi King Abdullah was hospitalized two weeks ago, the local stock markets crashed and oil volatility expectations surged as we noted at the time, a new king could do almost anything he wants (including changing oil policy). As Reuters' Mohammad Bazzi explains, Abdullah's 79-year-old half-brother has his own health issues and leaves larger questions over the line of succession in one of the world’s most important oil producers remain unanswered.

Guest Post: 2015 - Grounds For Optimism?

Some are thinking that 2015 will be a repeat of 2014 with a few incremental changes, However, the interesting question to ask is, how has the ground shifted in 2014, if indeed it has? To our mind, the really interesting development of 2014 is that the world as a whole (with a few minor exceptions) has become quite lucid on the topic of what the United States, as a global empire, is and stands for. Another major shift we have observed is that a significant percentage of the thinking people in the US no longer trusts their national media. In case somebody out there in the media realm is tired of playing it safe and printing stuff that's only fit for wiping your Kardashian with, here are a some points for you to try to refute...

Guest Post: Oil & The Looming Canadian Housing Bubble Crash

In Canada, there seems to be a cult belief that housing simply will not correct. They are full on drinking the good old tasting real estate Kool-Aid. Canada has enjoyed many years of the global commodities boom and now finds itself contending with a market full of debt and inflated housing values. Short of oil rising back up to $80 a barrel or higher, Canada is likely going to face some short-term pain. The housing market is due for a correction.

Guest Post: 2014 - A Russian Viewpoint

"As a former military analyst myself I can tell you that by now the Russian intelligence community's "indicators and warnings" should be "flashing red" and that in all likelihood Russia is already preparing for war..."

Guest Post: We Just Enjoyed the Last Christmas In America

Why will Christmas 2014 be the last Christmas in America? It's simple: declining wages cannot support an ever-expanding mountain of debt. The Federal Reserve has played a game for six long years of lowering the cost of debt (i.e. the rate of interest borrowers must pay), which has enabled stagnating wages to support ever heavier debt loads. There is an endgame in sight to this financial trickery...

Guest Post: Calculating The Breakeven Price For The Median Bakken Shale Well

A lot of data has been thrown around recently concerning the Bakken shale wells of North Dakota in an attempt to figure out the necessary oil price required to break even on the investment.  In order to get a clearer picture of the financial situation in Bakken, it is necessary to develop a financial model of the median Bakken well... If the current oil price of $55 per barrel is used, the initial production rate has to be increased to 800 BPD in order to break even; and the number of wells drilled will be about a quarter of the present number.

If At First You Fail Miserably & Blow Up The Financial System, Do It Again!

Here we go again! Mortgage giants Fannie Mae and Freddie Mac have now officially approved 3% down payment mortgages. Having government entities provide low down payment mortgages to people who can’t afford to buy a house is always a good move. Keynesians like Krugman approve wholeheartedly. The housing market will get a nice boost and the working taxpayers will fund the bad debt through Fannie and Freddie. You own Fannie and Freddie. Everyone wins. In case you forgot, the closing costs to sell a house are usually 8% of the home price. So these home buyers are immediately 5% underwater when they move in... "Sometimes I can’t believe I live in a world this f##ked up. And no one notices and no one cares."

Guest Post: Central Banks Create Deflation, Not Inflation

If there's one absolute truism we hear again and again, it's that central banks are desperately trying to create inflation. Perversely, their easy-money policies actually generation the exact opposite: deflation. Financial and risk bubbles don't pop in a vacuum--all the phantom collateral constructed with mal-invested free money for financiers will also implode.