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Archive for September, 2017

Why Is the Euro Still Gaining Against the Dollar?

13 Sep

“The primary purposes of the incorrectly named “unconventional monetary policies” are to debase the currency, stoke inflation, and make exports more competitive. Printing money aims to solve structural imbalances by making currencies weaker.”

Source: Why Is the Euro Still Gaining Against the Dollar?

 
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Price Gouging and Property Rights – LewRockwell

13 Sep

“Price-gouging law has reared its ugly head in the wake of the flooding in Texas. This has totally overshadowed the alleged price gouging that occurred during the eclipse. The price of solar eclipse safety glasses was as low in the months before the eclipse, but rose to as much as $150 for the identical product on the day of the eclipse. And it turns out that prices for these glasses were higher along the direct path of the eclipse. Naturally, some eclipse glasses vendors were accused of price gouging because they demanded unreasonably high payments by exploiting unusual market conditions. …”

Source: Price Gouging and Property Rights – LewRockwell

 
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Julian Robertson: “There’s A Bubble” And “It’s The Federal Reserve’s Fault”

12 Sep

Another clear thinking money manager. 

“I think we are creating a bubble. It’s the Federal Reserve’s fault, and the Federal Reserves all over the world.”

Source: Julian Robertson: “There’s A Bubble” And “It’s The Federal Reserve’s Fault”

 
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Hunter S. Thompson’s 9/11 Essay Is Still Chillingly Accurate 16 Years Later | HuffPost

12 Sep

“This is going to be a very expensive war, and Victory is not guaranteed ― for anyone,” he wrote.”

Source: Hunter S. Thompson’s 9/11 Essay Is Still Chillingly Accurate 16 Years Later | HuffPost

 
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Irma: Forecasters should get the hell off the hype

12 Sep

If meteorologists were wrong on the track of the storm, can we believe the hype over man-made climate change 50 to 100 years from now?  To ask the question is to answer it.  

“Even after Hurricane Irma made a turn that spared the Florida coast from what could have been catastrophic damage, the media still pushed a scary scenario of Tampa Bay storm surge that never materialized…”

Source: Irma: Forecasters should get the hell off the hype

 
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No, It’s Not ‘Moral Relativism’ to Oppose Nuking North Korea

12 Sep

“Warhawks wheel out an old, meaningless canard”.

Source: No, It’s Not ‘Moral Relativism’ to Oppose Nuking North Korea

 
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GOLD HAS BROKEN OUT – DON’T BE LEFT BEHIND | Matterhorn – GoldSwitzerland

12 Sep

Source: GOLD HAS BROKEN OUT – DON’T BE LEFT BEHIND | Matterhorn – GoldSwitzerland

 
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Fed Vice Chair, Stanley Fischer…Exit Stage Left: “This One’s Gonna Hurt”

11 Sep

Deja vu, all over again?

“These guys, such as Mr. Fischer, are very smart and have pretty good timing… Remember, Robert Rubin, deciding not to finish out his term as Secretary of the Treasury and left the Clinton administration just a few months before the dot.com bubble popped?”

Source: Fed Vice Chair, Stanley Fischer…Exit Stage Left: “This One’s Gonna Hurt”

 
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Hillary Clinton attacks Bernie Sanders in her new book

11 Sep

Hillary is going on the self-pity tour, and she wants people to pay to hear her kvetch.  

Source: Hillary Clinton attacks Bernie Sanders in her new book—Commentary

 
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How Trump’s Immigration Policies Will Damage the U.S. Economy

11 Sep

Source: EconomicPolicyJournal.com: How Trump’s Immigration Policies Will Damage the U.S. Economy

 
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Why Did Robert Mueller Obstruct Congress’s 9/11 Probe? – Antiwar.com Original

11 Sep

Another government failure.  Or conspiracy?  However, the truth will come out.  

“Sixteen years after the 9/11 terrorist attacks on the World Trade Center and the Pentagon, we still don’t know what happened. How did a ragtag bunch of hijackers, armed only with box cutters, manage to gain control of those airliners? How did they get into the United States to begin with? Who supported them while …”

Source: Why Did Robert Mueller Obstruct Congress’s 9/11 Probe? – Antiwar.com Original

 
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Why Presidents Campaign on Peace but Rule by War

10 Sep

“(ANTIMEDIA Op-ed) — If the United States government continues as it does today, bestriding the narrow world like a colossus, it will be stabbed through the heart by daggers inscribed with the nation’s founding principles — the words “life, liberty, and the pursuit of happiness” shedding salty tears of blood from sullied steel. But I hope this day will not arrive. I hope we will soon stop simply damning war presidents as hypocrites and killers so we may take the time to see the complex reasons why presidential peace candidates continue to become warmongers. As a candidate, George W. Bush promised a humble foreign policy. But…”

Source: Why Presidents Campaign on Peace but Rule by War

 
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Sanctions Are an Act of War – The Future of Freedom Foundation

10 Sep

‘If the Pentagon suddenly bombed North Korea, killing thousands of North Korean citizens, that would clearly be considered an act of war. Yet, when the U.S. government intentionally targets North Korea with economic sanctions that kill thousands of North Koreans through starvation or illness, that’s considered to be simply a peaceful diplomatic measure. That’s odd because from a practical standpoint, people are dead either way — from bombs or sanctions. Americans have become so accustomed to the concept of sanctions…”

Source: Sanctions Are an Act of War – The Future of Freedom Foundation

 
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Seattle Socialist Loses It; Attacks Amazon After It Announces That It is Looking for a Location for a ‘Second’ Headquarters

09 Sep

Socialism, the Seattle version.  

Source: EconomicPolicyJournal.com: Seattle Socialist Loses It; Attacks Amazon After It Announces That It is Looking for a Location for a ‘Second’ Headquarters

 
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Venezuela Is About to Ditch the Dollar in Major Blow to US: Here’s Why It Matters

09 Sep

(“ANTIMEDIA) — Venezuelan President Nicolas Maduro said Thursday that Venezuela will be looking to “free” itself from the U.S. dollar next week, Reuters reports. According to the outlet, Maduro will look to use the weakest of two official foreign exchange regimes (essentially the way Venezuela will manage its currency in relation to other currencies and the foreign exchange market), along with a basket of currencies. According to Reuters, Maduro was referring to Venezuela’s current official exchange rate, known as DICOM, in which the dollar can be exchanged for 3,345 bolivars. At the strongest official rate, one dollar buys only 10 bolivars, which may be one of…”

Source: Venezuela Is About to Ditch the Dollar in Major Blow to US: Here’s Why It Matters

 
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