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Updated: 2 hours 35 min ago

Zombie Ideas or Elite Memes Just Follow the Money

Tue, 10/21/2014 - 03:06
Bloomberg editorialists seem to make a habit of assuming certain elite memes are accurate and beyond reproach. Maybe they have to sign a document or something. Probably not ... but sometimes it seems like it. This editorial is a case in point. It is actually a summary of many elite anti-memes. By reading this editorial we can discern a lot about the internationalist mindset, and what might be a preferred belief structure. Here's more: About a year ago, I reminded people of a letter written to ...

Uruguay Fumbles Cannabis Rollout But Does It Matter

Tue, 10/21/2014 - 03:04
Imagine how difficult it is to allow people to set fire to an herb and inhale it. Not very. Yet according to Reuters, this is a nearly impossible task. We have no doubt that cannabis decriminalization and legalization is sweeping the West and indeed the world. The United Nations is having a major conference on cannabis legalization in 2016 and the leaders of many major countries are said to be favorable to the idea. But this article provides us with some suspense. Perhaps the idea is to offer ...

The American Dream Is Still Possible Just Not in the US

Tue, 10/21/2014 - 03:03
More Americans are living outside the United States. Although there are no firm statistics, the US State Department estimates that somewhere between 3 and 6 million Americans now live offshore and I think this is a low estimate. Although I now live in Canada, I often travel back to the United States. Driving through Customs near Buffalo is usually not a big ordeal but it does involve a time-wasting delay much like visiting the post office or any other US government bureaucracy. But governments ...

Ludwig von Mises and the Austrian Theory of Inflations and Recessions

Tue, 10/21/2014 - 03:02
Eighty years ago, in the autumn of 1934, there appeared in English one of the most important books on money and inflation penned in the twentieth century, The Theory of Money and Credit by the Austrian economist, Ludwig von Mises. Even eight decades later, it still offers the clearest analysis and understanding of booms and busts, inflations and depressions. Mises insisted that the economic rollercoaster of the business cycle was not caused by any inherent weaknesses or contradictions within the ...

Internet of Money Provides More Reasons to Consider Strategic Asset Protection

Mon, 10/20/2014 - 03:06
We've noticed a new meme creeping into economic reports: The Internet of Money. This phrase sounds mysterious and forward looking; in fact, it describes the process of money migrating to non-bank platforms. The big drama inherent in the Internet of Money is its disintermediation of banks. But in fact, it does no such thing. What it will do, and is already doing, is undermining what´s left of monetary privacy. You'd never know that from the coverage, however. Here's more: "A new wave of financial ...

Pro-Cannabis Texas Lobby Pressures Legislation

Mon, 10/20/2014 - 03:04
We can see from this recent report that cannabis decriminalization is being actively pursued in one of the largest and most conservative states in the US – Texas. The article explains that because Texas voters "do not have the right to change the law via ballot initiative as has been seen in other states as well as those voting in November this year, this effort on all fronts, will be a legislative driven movement." The point, as well, is that legislative-driven reform may prove more radical and ...

National Service is Anti-Liberty and Un-American

Mon, 10/20/2014 - 03:02
Former Clinton Administration Labor Secretary Robert Reich recently called on the government to force young people to spend two years either "serving" in the military or performing some other type of government-directed "community service." Neoconservative Senator John McCain has introduced legislation creating a mandatory national service program very similar to Reich's proposal. It is not surprising that both a prominent progressive and a leading neocon would support mandatory national service ...

Dr Raphael Mechoulam The Promise of Cannabis

Sun, 10/19/2014 - 03:06
Mostly this research is being conducted with animals – very little on humans. There are very few clinical trials. It is promising in neuropathic pain, inflammations, anxiety, schizophrenia (with CBD) and many others (see Pacher and Kunos, above). When CBD becomes a drug the picture may change. There are many reports on the treatment of various cancers in mice; unfortunately, well-designed human trials have not been done. It is unbelievable that neither government agencies nor private foundations ...

Fury Over Food Advantage to the Small-Farm Natural Foods Models

Sat, 10/18/2014 - 03:06
October 16th was "World Food Day." Perhaps you missed it, but certainly for those directly involved, it's a contentious holiday – with two well funded farming models facing off with each other. In this article I want to show how a "third way" is one that may win out despite its lack of publicity. Let's begin with the first two farming models. In the 20th century, criticisms of globalist memes were often ignored or, if necessary, isolated and mocked. In the 21st century, there is the Internet to ...

Shock Anti-Regulatory Meme Emerges in the Mainstream Media

Fri, 10/17/2014 - 03:06
Remarkably, we continue to see articles about regulatory capture. The latest one is here, appearing in The Daily Beast. It would seem that the departure of uber-editor Tina Brown has provided The Daily Beast with the opportunity to expand its coverage. The idea of an anti-regulatory rant appearing under Brown´s watch was probably ... nil. We confess we haven't followed The Daily Beast much once Brown left because her removal effectively ended a big left-wing media experiment that was going to ...

Crash Clash Sustainable Farming vs Big Ag

Fri, 10/17/2014 - 03:04
Africa is in the grip of a meme. We've called it "Africa Rising" before, and we've written numerous articles about it. We've compared Africa's progress to that of China and Japan – and showed that there seems to be a pattern between these three nations and the West, particularly the US. ...

Impact of FATCA and the Case for Physical and Regional Diversification

Thu, 10/16/2014 - 03:06
This article is a strongly worded warning about negative ramifications regarding FATCA. As such, it's a bracing affirmation of the kind of sensible reporting that circulates on the Internet beyond the filters of mainstream media. It also provides us with yet more reasons to consider prudent diversification – physically and regionally as well as from an asset class standpoint. More on that below. Certainly, it is unfortunate that FATCA is not a continued subject of discussion by the mainstream ...

Organic Trend Grows Despite Political Correctness

Thu, 10/16/2014 - 03:04
Are Whole Foods's actions regarding organic produce a sign that organic farming is being taken seriously at the corporate level? Well ... yes and no. Obviously, Whole Foods has made a serious commitment to "organic," but it is manipulating the sector as well. It is loading on a number of corollary features that its officials claim constitute a better brand of organic produce. In fact, when one looks at the totality of the Whole Foods program, certain questions arise. Here's more: Whole Foods is ...

US Government Guilty of Creating Heroin Addicts

Thu, 10/16/2014 - 03:02
[Note: this article proceeds from two assumptions. First, drugs can be abused but the abuse could not possibly be more destructive than the War on Drugs has been. Second, drug use is in no way the same as drug addiction.] "The American narcotics problem is an artificial tragedy with real victims." – Dr. Marie Nyswander, New Yorker, June 26, 1965. America has a drug problem. It is reflected in local newspapers such as the Herald Times Reporter (Oct. 9) that stated, "In just two years the number ...

Putin Speaks Hope that Washington Hears

Thu, 10/16/2014 - 03:01
In an interview today with Politika, a Serbian newspaper, Russia's president, Vladimir Putin, said that it is futile and dangerous for the US and its European puppets to blackmail Russia and that the Exceptional Nation and its vassals should consider the risks that are inherent in aggressive disputes between countries heavily armed with nuclear weapons. Putin noted that Obama took a hostile attitude toward Russia in Obama's UN speech to the General Assembly on September 24 when Obama declared ...

Soros and Grillo Crash the Euro

Wed, 10/15/2014 - 03:06
And so, the UK Telegraph tells us, it begins ... the dizzy unraveling of the euro. But not so fast. We've written about Beppe Grillo before. He's a very successful comic and politician, someone who is influential both culturally and politically. But he also shaped the platform of his political party around Joseph Stiglitz's socialist economic ideas. And it's not the ideas that are puzzling so much as the affiliations, for Stiglitz is closely affiliated with George Soros – and Soros's Open ...

Organic Farming Under Attack by Collectivizers

Wed, 10/15/2014 - 03:04
Collective farming – under the watchful eye of government – has been responsible for mass starvation wherever it's been tried, certainly in the 20th century. Mao's Great Leap forward, which starved some 50 million, Russia's Kulak consolidation that cost millions of lives and other such policies of forced-communal agriculture are inevitably genocidal. You would think such ideas would be discredited by now but like a bad penny, they keep turning up. We can see the latest chapter beginning to take ...

Pols May Reverse Innocent Until Proven Guilty

Wed, 10/15/2014 - 03:03
Good news on the asset forfeiture front: "Asset confiscations fall to six-year low," according to The Age (Victoria). That would seem to be good news, right? But, no ... not in this day and age. We're constantly assaulted by legislative initiatives we could never dream of. We spent a good deal of time in our grade school history classes absorbing the inevitable march of freedom. Society, we learned, is always freer tomorrow than today – and certainly freer than yesterday. And yet we come to this ...

Liberty versus Morality The Free Societys Troublesome Solution

Wed, 10/15/2014 - 03:02
"[M]an acts from judgment, because by his apprehensive power he judges that something should be avoided or sought. But because this judgment, in the case of some particular act, is not from a natural instinct, but from some act of comparison in the reason, therefore he acts from free judgment and retains the power of being inclined to various things. And forasmuch as man is rational is it necessary that man have a free-will." (Summa Theologica, Q. 93.) It is perhaps one of the most difficult as ...

Economist Wins Nobel for Tinkering at the Edges

Tue, 10/14/2014 - 03:06
Actually, as the article excerpted above points out – and as it has been pointed out to us numerous times – the Nobel Prize in Economics is actually the "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel." The prize was obviously established to take advantage of the Nobel's reputation, though that reputation was a good deal more glowing in the 20th century than the 21st. The 21st century, in fact, has revealed what should have been obvious from the inception – that the Nobel ...

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