The Federal Reserve has pursued the unprecedented monetary policy of lowering rates to zero and increasing their portfolio from 500 billion to over 4 trillion. But as the Fed reminds us, there is a cost.
"...migration, mainly from the middle east, is changing Sweden a lot... yes, i would say [Trump] is correct. This is based on what i see myself, but also what different police officers tells me and other officials working with issues related in one way or another to immigration... This is the biggest problem Sweden is facing today."
Washington cannot handle the truth: solving the ISIS problem must involve a whole lot less US activity in the Middle East, not a whole lot more. Until that is understood, we will continue to waste trillions of dollars and untold lives in a losing endeavor.
"When I was Chair of the Federal Reserve I used to testify before US Congressman Ron Paul... we had some interesting discussions... We would never have reached this position of extreme indebtedness were we on the gold standard, because the gold standard is a way of ensuring that fiscal policy never gets out of line."
Two reasonably adult statesman undertook what might be called the Christmas Truce of 2016. But like its namesake of 1914 on the bloody no man’s land of the western front, the War Party has determined that the truce-makers shall not survive. The Donald has been warned.
Trump will most certainly accomplish the relatively easy stuff – cutting taxes, building a wall, increasing funding for the military, spending more on infrastructure, and repealing Obamacare. If he wanted to leave a legacy on par with Andrew Jackson’s he will have to the hard stuff too. Will Trump have the courage to do any of the hard stuff? If not, the decline of the American Empire is inevitable.
"It was not we who started the war against you in 9/11, it was you and your dictators in our land... The main characteristic of any American or Western Head of State is that he must be a Machiavellian president and a professional, accomplished liar. He must be an expert in deceiving his audience and the entire nation."
Flemish Father Daniël Maes (78) lives in Syria in the sixth-century-old Mar Yakub monastery in the city of Qara, 90 kilometers north of the capital Damascus. Father Daniel has been a witness to the “civil war” and according to him, Western reports on the conflict in Syria are very misleading. In short: “the Americans and their allies want to completely ruin the country.”
Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people’s tax burden.
"By all appearances, President Trump is doing his damnedest to turn around the economy, revitalize jobs and bring back prosperity. But the larger trends are already in place; the cycle is turning, and the bust cannot be put off forever."
While President Trump is right to focus on the issue, there are several reasons why his proposed solution will unfortunately not lead us anywhere closer to solving the problem...They will keep coming as long as the incentives remain.