“While relatively low, credit card delinquency flows climbed notably over the past year. This is occurring within the context of loosening lending standards… The current state can be an early indicator of future trends and we will closely monitor the degree to which this uptick is predictive of further consumer distress.”
Source: The Fed Issues A Warning As Household Debt Hits New All Time High
More central planning nonsense from the climate change crowd.
“Back in 2006 when the movie “An Inconvenient Truth” came out, people weren’t thinking of how we would replace all that fossil-fuel power generation; now they’re finding out it’s not easy.”
Source: The global-warming movement is cooling off
“Looking at a French nationalist website Boulevard Voltaire this morning, I notice a repetition of the conventional American media account of what occurred in Charlottesville on Saturday. The news commentary explained that a white racist had run down and killed with a vehicle a thirty-two-year-old “anti-racist” demonstrator, Heather Heyer, while injuring other anti-racists who were protesting a “Unite the Right” rally in downtown Charlottesville. The supposed occasion for the demonstration, the removal of a twenty-six foot statue of Robert E. Lee, did not seem to interest the French commentator, although presumably if French anti-fascists were calling for dismantling statues of … ”
Source: Saturday in Charlottesville – LewRockwell
The most important period in American history that gave us the welfare-warfare state.
“I have great news: a brand-new Murray Rothbard book on The Progressive Era. And do we need it!Could anything be more timely, as we are daily plagued by these enemies of freedom, free enterprise, private property, and peace — indeed of Western civilization itself?”
Source: A New Murray Rothbard Book