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Updated: 7 hours 16 min ago

Stay Alert in These Interesting Times

Sat, 09/20/2014 - 03:06
Events are speeding up in this Internet Era. Just as the Gutenberg press changed the landscape of its time via the Renaissance, Reformation and Enlightenment, so what we call the Internet Reformation has begun to reshape society significantly. The just-completed Scottish referendum on secession is yet more evidence. It is hard to envision a vote like that taking place in the late 20th century. And the Scottish vote may only be the first of many, as there are other regions of Europe and the US ...

David Stockman Right and Wrong

Fri, 09/19/2014 - 03:06
It's hard to pick stocks these days because what's going on is so wrong. Surely a crash must be looming at any second. And yet when Yahoo sat down with David Stockman for an interview, the questioner pointed out that since David Stockman had last warned people to leave the insanity of the modern stock market, stocks were up 28 percent! Stockman answered that the market would eventually conform to his expectations and many people who stayed in were going to end up losing a great deal. And yet ...

New Zealand The Other Internet Election

Fri, 09/19/2014 - 03:04
Yesterday we commented on the Scottish election and how Scotland's referendum on leaving Britain was important because of its larger implications. In this Internet era, elite control is continually waning. While, as we've discussed in the past, there may be a number of global strategic considerations that elevated the Scottish referendum, in the end those who are convinced of their innate "right to rule" may have guessed wrong. Whether Scotland goes or stays (and at deadline the vote hadn't ...

Banality of the Modern Central Bank Drama

Thu, 09/18/2014 - 03:06
The mainstream media is filled with noise about the Federal Reserve's announcement/non-announcement of yesterday. Basically, a middle-aged woman announced that a group of men and women would not raise or lower the price of money that they controlled – but maybe someday they would. The utter banality of this scene is lost on most because like a rock and roll song it is repeated until we are no longer sensitive to its content. But the idea that a tiny group of people can make such vast decisions ...

Scotland Devolution in the 21st Century

Thu, 09/18/2014 - 03:04
We've written about this once already, but we didn't want to write about it again until the aftermath. But then it occurred to us that no matter what happens regarding Scotland, the entropy of the modern age has been advanced. And that's a good thing. We've been beating this particular drum for a number of years – in fact, over a decade now. The Internet, we came to believe, was a great Yang to the elite's Yin. And that trend continues. Despite all the false-flags and strategies of control, the ...

Libertarianism and Racism

Thu, 09/18/2014 - 03:02
Three accusations about racism are being hurled at libertarianism. As libertarianism ascends in political prominence, the accusations will get louder. 1. Libertarianism cannot eliminate racism from society. This is true. But the demand for a racist-free society is a totally unreasonable demand and cannot be used as a gauge of failure. Racism is an idea, and no political system can remove a thought from society or from man's mind. The most common (and non-libertarian) approach is to punish or co ...

A Leading Entrepreneur Misleads His Readers

Wed, 09/17/2014 - 03:06
Peter Thiel, the famous investor in such startups as PayPal and Facebook, has posted an interesting article over at the Wall Street Journal. It is an excerpt from a larger book (Zero to One) that deals with how to build successful companies. In the article excerpted above, Mr. Thiel makes many lucid points, at least hypothetically, about how to generate a successful startup. Like John D. Rockefeller, he seems to believe it boils down to "competition is a sin." Here's more: Google makes so much ...

US Pursues 134 Wars Around the World

Wed, 09/17/2014 - 03:04
When one tries to figure out what has happened to US economic health, this figure ought to come to mind: 134. That is, 134 wars. This is not a figure you'll find mentioned in the mainstream news media, though the Global Post is actually a pretty big news organization and has a distribution deal with PBS. So that kinda qualifies it as "mainstream," which makes it a bit more surprising that the editors should post an article like this. We doubt we'll be seeing it discussed on PBS anytime soon, ...

The Great Unraveling

Tue, 09/16/2014 - 03:06
This Times editorial was featured at the top of the well-known Drudge Report and has obviously had an impact on the chattering classes. It's written in pseudo-liturgical cadences and is reminiscent of the great allegorical poem that we have often quoted by WB Yeats, "The Second Coming." Yeats's poem is justly famous for the serious nature of his topic, which was the end of World War I and the ruin it had left behind. The ruin was both cultural and spiritual. After "The Great War" few certainties ...

Reading Between the Lines With the UK Telegraph

Tue, 09/16/2014 - 03:04
Reading articles by our favorite Telegraph author, Ambrose Evans-Pritchard, we are exposed to news and analysis not found elsewhere in the mainstream press. This article is a good example. But it is also an example of how elite memes are produced and presented, as he frames the dialogue as one of two choices, which is simply not logical. There are other choices. Here's more: "Who knows the maximum number that the market will tolerate? The number is already scary, but for the time being Draghi's ...

The Miracle and Morality of the Market

Tue, 09/16/2014 - 03:02
One of the great fallacies arrogantly believed in by those in political power is the notion that they can know enough to manage and command the lives of everyone in society with better results than if people are left to live their own lives as they freely choose. The fact is, there is far more in the world that successfully manages and "regulates" itself without the controlling hand of the government than many of us pause to reflect on or understand. Have you ever stopped to think about how much ...

Europe Has Lost Its Monetary Mind

Mon, 09/15/2014 - 03:06
This article makes the point that the problem with the European economy is a lack of competitiveness, not a lack of money. This is an important, even fundamental point. We've written a number of articles recently explaining why the European Central Bank's new monetary program doesn't make any sense. Here's one: "Draghi's Non-Starter: A Policy to Impoverish People to Make Governments Efficient" The basic reason is that the Germans don't want to go along with it. And without German cooperation, ...

The Invisible Hand Cultivates Cannabis

Mon, 09/15/2014 - 03:04
This was predictable. Buffett is finally making a move. What's a little puzzling is why he waited so long. But it had to come. We've already predicted that the industry is going to see corporate participation and sooner than later. Industrial giants are all going to want to operate in this space. Cannabis is the profit-opportunity of the 21st century, for sure. Smaller firms will cash out and make a killing. Larger companies will rationalize the sector and create the usual mercantilist/ ...

Will the Swiss Vote to Get Their Gold Back

Mon, 09/15/2014 - 03:02
On November 30th, voters in Switzerland will head to the polls to vote in a referendum on gold. On the ballot is a measure to prohibit the Swiss National Bank (SNB) from further gold sales, to repatriate Swiss-owned gold to Switzerland, and to mandate that gold make up at least 20 percent of the SNB's assets. Arising from popular sentiment similar to movements in the United States, Germany, and the Netherlands, this referendum is an attempt to bring more oversight and accountability to the SNB, ...

Ron Holland For Freedoms Sake No More Mr Nice Guy

Sun, 09/14/2014 - 03:06
Speaking for the US, it will be too late when the next real or contrived major terrorist attack on the US takes place. A couple of days after this happens, the United States and your ability to leave, or have funds wired into or outside the country unless you are a major corporation or elite will likely be curtailed. Read my article titled "The Final Presidential Executive Order" if you want to know how easily the US could become locked down following a future attack. ...

Profits and Asset Bubbles Everywhere

Sat, 09/13/2014 - 03:06
We've been covering the growth of asset bubbles throughout 2014 and now, as we approach the troublesome month of October, it's a good time to reassess. The mainstream media is filled with predictions of a "market crash" and I figure this means some sort of significant correction may be due. There's no denying modern markets are manipulated by a variety of factors, but the most important one is central banking itself. By printing overwhelming surges of money, good, gray bankers can create ...

Casting Russia as Expansionist to Advance EU Solidarity

Fri, 09/12/2014 - 03:06
Ambrose Evans-Pritchard provides us with a trenchant analysis of what's taking place in Europe, and then makes a wrong turn toward the end of the article. He does that a lot these days. Nonetheless, it's an interesting report, explaining that Europe is increasingly verging on entropy. For a mainstream media guy, he can be pretty provocative. Here's more: "The post-Habsburg order further east is suddenly prey to a corrosive notion that settled borders are up for grabs. "Problems frozen for ...

Antidote to an Equity Realignment Invest in Fundamentally New Industries

Fri, 09/12/2014 - 03:04
According to this article, there may be a crash in the fall, but investors should protect themselves, stay in the market and treat a crash as a buying opportunity. The market is having a long-term bull run, according to this article, and investors should be expecting to take profits for many years to come. This may be an overly optimistic perspective about what's going on. But that's the takeaway ... Here's more: "Soros also added significantly to several gold positions, a "safe haven" move that ...

Dark Ages Bloomberg Gets It Right And Wrong

Thu, 09/11/2014 - 03:06
This is a funny editorial in Bloomberg because its author is convinced that mainstream dominant social themes constitute the truth of this world. The article worries that a withdrawal of belief in elite memes indicates that Dark Ages are creeping over the West once more. Our perspective would be the reverse. It is the Internet Reformation that has shaken belief in elite memes and caused people to question the matrix around them. Gradually, fresh viewpoints are creeping into the stale ...

Scotland When Does a Vote Win Before a Vote

Thu, 09/11/2014 - 03:04
This article is provided to us by Norman Tebbit, a well-known "conservative commentator" and former Thatcher cabinet minister. His point is that the panicky offer by David Cameron to give more power directly to the Scottish assembly if the Scots vote against independence looks terrible – and is almost bound to be counterproductive. This certainly makes sense to us ... as does Tebbit's larger point that the leadership of Britain these days is focused on expedience rather than principles. In other ...


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