Reuters Floats Disturbing Trial Balloon: "The ECB May Be Forced To Buy Stocks"

On the verge of running out of bond to monetize, the ECB has engaged in something fed had expected: it is buying bonds from itself. But according to a troubling Reuters "trial balloon" that may be just the beginning: as Reuters writes, the "ECB may soon be forced to follow the Bank of Japan's example and buy equities as part of any expanded stimulus programme."

CLSA: "The Bank Of Japan Has Nationalized The Japanese Stock Market"

The Bank of Japan's near doubling of its purchases of Tokyo shares is causing investors to worry the central bank will dominate financial markets, which could lead to price distortions as it continues to grease the economy. It also prompted a CLSA analyst to tell the truth: "The BOJ is nationalizing the stock market."

Socialism's One-Percenters: "The Rich People Are Thieves... Our Socialist Dream Is Falling Apart"

A defining characteristic of socialism in all its forms in all places and at all times is a relatively small political elite (and its “private sector” cronies) that lives lavishly by plundering its population, destroying its economy,  imposing a regime of equality of poverty and misery; and turning almost everyone into a dependent on the state for survival. The latest glaring example of the disgusting and immoral corruption of socialism’s one percenters is Venezuela, a country that has “long been the darling of the [socialist] Left."

What Makes Venezuela Different

A state that controls the economy also has the power to loot it. But, there is a big difference between redistributing wealth and destroying everyone who attempts to create some of it. In order to redistribute wealth, you have to make it first. This is a distinction that the leaders of the Venezuela regime (and their supporters) have apparently long been too foolish to understand. For this, the people of Venezuela are paying a heavy price.

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.

What Would Ludwig von Mises Do In Venezuela?

The crisis in Venezuela is the most modern illustration of the horrific consequences of socialism and the devastating reality of hyperinflation. What makes this disaster all the more infuriating is that it could have been avoided with a basic understanding of history. We’ve seen the disaster of socialism and interventionism in various forms play out across the world time and time again with similar results, and yet new generations of central planners — backed by ideologically aligned intellectuals — are consistently able to fool people into believing that “this time will be different.”

Clinton Adviser, Nobel Prize Winning Economist Endorsed Venezuelan Socialism

Ludwig von Mises once wrote, "No one can escape the influence of a prevailing ideology.” The images coming from Venezuela should serve as a potent reminder of how dangerous the ideas of men like Joseph Stiglitz are. Statism and economic interventionism must be rejected, in order for humanity to thrive.

China Has Quietly Bailed Out Over $220 Billion In Bad Debt In The Past 2 Months

Today we learned that not only was China going through with its unprecedented debt-for-equity swap, but it has already equitized over $220 billion in non-performing loans. Note: these are not traditional, Chapter 11 prepacks where the debt is converted into equity and the debt holder gets the keys to the company. In this case, it is the Chinese government itself which indirectly via state-owned banks, has become the de facto owner of countless companies.

Paul Craig Roberts Warns 'Killary' Will Be "The Last American President"

"The question is: will enough insouciant Americans align with the One Percent, the neocons, the men-hating feminists, homosexuals, the transgendered, and other “preferred minorities” to put the US presidency in the hands of an aggressive, corrupt person with a conscience deficit? That is the goal toward which the presstitutes are driving the brainwashed. If we end up with Killary, neither the US nor the world will survive the mistake. She will be the last American president..."

China Threatens Its Economists And Analysts To Only Write Bullish Reports, Or Else

While in the US and the rest of the free world, anyone who holds a less than bullish view of things is simply marginalized as a conspiracy theorist, ridiculed by establishment economists and pundits, is the recipient of mainstream media hit pieces, or denigrated by the president as "peddling fiction", China has decided to take a more blunt approach: "securities regulators, media censors and other government officials have issued verbal warnings to commentators whose public remarks on the economy are out of step with the government’s upbeat statements."