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Updated: 4 hours 25 min ago

Create Your Own Reality to Counter Terrorism

Mon, 11/23/2015 - 02:06
NBC, like most of the mainstream media, is in full cry about how to defeat ISIS. Of course, it might be helpful to figure out where ISIS came from and how it got to be as formidable as it is (if indeed the acts attributed to it are true). We made a stab in this direction by tracking the emergence of radical Islam back to Saudi Arabia and then pointing out that its Wahhabist roots have been cultivated at the behest of the US government and those that stand behind the US military-industrial ...

Contrasting Editorials Ron Paul vs Peter Bergen

Mon, 11/23/2015 - 02:04
Peter Bergen believes Syrian refugees trying to gain entrance to the US are no threat. But as we can see from the above excerpt, Congress is not so sure and appears to be on its way to passing a bill that would further scrutinize anyone from Syria – and thus slow the process of admissions radically. Bergen does admit there is "clearly real public concern about the issue." But he labels the concern a "kerfuffle" and puts it in this context: "Yet this entire kerfuffle doesn't make much sense ...

Terry Coxon Potential Danger Is in Government Responses

Sun, 11/22/2015 - 02:06
Most people survive most catastrophes, including most of the great ones. Most of the people who were affected in fact survived Genghis Khan's invasion, the Black Plague, the fall of Constantinople, the Thirty Years War, the 1918 influenza pandemic and the purges of Stalin and Mao. If the ISIS project does lead to a catastrophe on a similar scale, your odds of surviving it are much improved if you are mobile, meaning that you are completely free to choose where to live and when to leave. That ...

Is the Fed Due for Downsizing

Sat, 11/21/2015 - 02:06
Politico tells us that the "Fed pushes back as Congress eyes its billions" and that "Congress is aiming to take billions out of the Fed's accounts to help pay for a new highway and transit bill." Beyond explaining the intentions of Congress in this regard, the article speculates on why the Fed hasn't been more vocal about Congress's intended raid on its coffers. Here: "The Fed is balking, registering 'strong concerns about using the resources of the Federal Reserve to finance fiscal spending.' ...

Egon von Greyerz on The Great Hiking Debate

Fri, 11/20/2015 - 02:06
According to this recent Journal article, gold is weak and getting weaker. Here's a pertinent quote from the article: The only time we see buyers in the market is profit-takers or short-covering," said Graham Leighton, a precious metals broker at Marex Spectron in New York. "We see almost no physical demand at all. This is going to be a slow grind lower and I don't think there's going to be anything to stand in its way. We learn from the Journal that gold has lost 10% of its value against the ...

Understanding Blowback

Fri, 11/20/2015 - 02:04
One wonders why perpetrators of mass killings are rarely taken alive. Perhaps it is hard to do so, but let us recall pertinent circumstances regarding the Boston Marathon bombing. Here is what conservative/libertarian commentator Dr. Paul Craig Roberts has to say regarding that bombing in an article entitled "FBI Evidence Proves Innocence of Accused Boston Marathon Bomber Dzhokhar Tsarnaev." As readers know, I have been suspicious of the Boston Marathon Bombing from the beginning. It seems ...

Jim Rogers Joins EM Focus on Russia Asia

Thu, 11/19/2015 - 02:06
This release excerpted above is interesting because it affirms Jim Rogers's abiding interest in Russia and China. While Rogers has made better and worse calls like any other "guru," his instinct about China so many years ago has proven correct, at least to the present, and for the first decade of the 2000s he proved correct about gold and silver as well. Jim Rogers's interest in Russia is more recent and we wonder if this will prove out the way China did. He has already claimed to have ...

Ramifications of the Reign of Terror

Wed, 11/18/2015 - 02:06
Tough times call for tough measures and in this article, we'll discuss the ramifications of the resolute countermeasures that President Francois Hollande is prepared to take. The bill to declare an apparently open-ended "state of emergency" in France is being presented to Parliament today. Yesterday we posted an article entitled "Ron Paul Calls Terror Coalition an 'Over-Reaction.' " Paul's point was that uncoerced enterprises and trade were preferable to the application of military might when ...

Connecting the Saudi Dots to Economic Volatility

Wed, 11/18/2015 - 02:04
We wrote this Reuters article! Not really. But we were astonished when we read it, because it makes all the points that we made in a previous article of ours called "Who Is the Enemy Here?" An article about the House of Saud might seem to have a geopolitical focus but, in fact, many of the ramifications are economic. We'll offer more on that shortly. But first let us see how this Reuters article corresponds to what we wrote. Here: Modern jihadist organizations, including Islamic State and al ...

When Tightening Leads to Easing

Tue, 11/17/2015 - 02:06
The tightening talk is picking up. Principal Global Investors manages some US$350 billion, much of it in retirement plans, and its officials "now assess the likelihood of a December rate rise at 54 per cent," according to Investor Daily. A March rise is assessed at 71 per cent. Principal Global Investors global chief economist Robert Baur believes US economic data now justifies a rate rise, we learn. US Federal Reserve Officials had contemplated a hike but Chinese market instability forced a ...

Ron Paul Calls Terror Coalition an Over-Reaction

Tue, 11/17/2015 - 02:04
This article informs us that France seeks a military coalition to fight the Islamic State in Syria and intends to bomb Syria to a bloody pulp to get rid of the terrorist organization. Addressing lawmakers after France observed a minute of silence honoring the 129 people killed and 350 wounded, Hollande said the victims came from at least 19 nations, and the international community, led by the United States and Russia, must overcome their deep-seated divisions over Syria to destroy Islamic State ...

Who Is the Enemy Here

Mon, 11/16/2015 - 02:06
Our thoughts and prayers are with those hurt and the families of those killed during the Paris attacks. According to various reports, over 130 have now died. Here's some of what's been reported as of this writing: Two restaurants were targeted: Le Petit Cambodge and Le Carillon, both on Rue Bichat. There were attacks on the Boulevard Beaumarchais, Rue de Charonne, Avenue de le Republique and Boulevard Voltaire. At Bataclan, a concert venue, 100 people were held hostage before about 120 were ...

Secession Movements in the 21st Century Problems and Promise

Mon, 11/16/2015 - 02:04
Serious secession movements are being pursued around the world – an expanding trend of what we call the Internet Reformation. It has other ramifications, as well, because secessionist unrest can provoke central government reactions, causing monetary and fiscal disturbances. Yet secession with all its disruption may become an increasingly recognizable trend in the 21st century. An expansion of historical information galvanized by electronic communication and the commitment to more localized ...

Mark Thornton Cannabis Legalization Starting to Advance Rapidly

Sun, 11/15/2015 - 02:06
In 2016 we expect the UNGASS to issue a harm reduction recommendation where illicit drug consumption and possession would not be criminal acts that could lead to a prison sentence. This is a sane policy position. Prison sentences for illicit drug users are clearly harmful to the consumer (who now has a criminal record) and to government (cost of courts and prisons, etc.) and it does not deter consumption, or crime, or other negative consequences. There will be some pushback from countries like ...

President Juan Manuel Santos Positions Colombia to Take a Giant Step Forward

Sat, 11/14/2015 - 02:06
This week the government of Colombia took a giant step forward in its peace process. How? Well, if you haven't heard yet, Colombia announced it had formalized a legal framework to regulate the research and development, legal cultivation, processing and exportation of cannabis for scientific and medical purposes. And while this may have come as a shock to many, to us it was an anticipated and welcomed accomplishment. We applaud the Colombian government for courageously taking a leadership ...

Modern Scourge of Public Policing Does It Have to Be This Way

Fri, 11/13/2015 - 02:06
Reason magazine does a good job of tracking police brutality, especially when it comes to the drug war. In this case, they report on an Idaho police shooting of a locally well-known rancher. It's certainly a ghastly tale and deserving of the attention it is getting. According to the Reason report and other write-ups, Jack Yantis's bull wandered off his ranch onto Highway 95 where it was hit by a car. The car's passengers were injured and taken to a hospital, and the bull's leg was shattered. ...

Patrick Buchanan Immigration Crisis Is Existential Threat

Thu, 11/12/2015 - 02:06
Millions of people are angry and depressed or just, plain dead. Political systems are convulsed. Europe trembles on the edge of civil war or worse. But in this just-posted article at Fortune Magazine, the immigration crisis is a teachable moment. The wonkery of this article is truly eye opening. Since "a large chunk of the population embraces a view contrary to the overwhelming verdict of empirical evidence ... understanding one will help us better understand the other." What a coolly ...

Syrias Military Shadow Play

Thu, 11/12/2015 - 02:04
This is indeed an earnest blog, written for personnel involved with military actions. There is an almost palpable delight in the elucidation of various strategies that might be employed in the upcoming Syrian war. Notice how our excerpt concludes, with the question, "How much more hybrid can you get?" Is this what excites the authors – the genesis of a new Marine battle order, a new way of doing things ... a hybrid way? COIN stands for counter-intelligence operations but COIN is now old ...

How the Internet Is Undermining Global Technocracy

Wed, 11/11/2015 - 02:06
This squib of a story (and revealing graphic) in The Wall Street Journal provides insight into the makeup of the current Federal Reserve. It shows a significant lessening of banking participation and the rise of academic involvement, including research economists. Most importantly, the graphic helps confirm our belief that much of the Fed's function is, well ... promotional. Academic professionals publish papers and give talks. This provides the Fed with an entire conversation built around the ...

Republican Candidates Rip the Fed Again

Wed, 11/11/2015 - 02:04
Ordinarily we would post something on a different topic given that our first article examined central banking. However, this report (see above) on the Republic debate is important to note, as it provides further evidence of opposition to a central Fed meme – namely that the Fed is neither competent nor providing a necessary service. Almost a half-decade ago, we announced the Federal Reserve as a credible monetary facility was in significant difficulty and was losing support of the citizenry it ...


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