The Specter Of MMT: "The Smartest Thing We Can Do Is Act Big"
Authored by James Rickards via The Daily Reckoning, Yesterday, Treasury Secretary-nominee Janet Yellen addressed the Senate Finance Committee during her confirmation hearing. In her statements, she argued that major fiscal stimulus is justified to support the economy while the pandemic still rages. She stressed the need to address income inequality and pledged support for the…
Taibbi: How Much Did "The Culture Of Narcissism" Get Right?
Authored by Matt Taibbi via TK News, It is symptomatic of the underlying tenor of American life that vulgar terms for sexual intercourse also convey the sense of getting the better of someone, working him over, taking him in, imposing your will through guile, deception, or superior force. – Christopher Lasch, The Culture of Narcissism…
An OrWELLSian Purge? Why H.G. Wells' "The Shape Of Things To Come" Has Arrived Today
Authored by Cynthia Chung via The Strategic Culture Foundation, It is no coincidence that our entertainment industry today, so heavily saturated with the influence of Wells’ propaganda, is obsessed with the theme of a post-apocalyptic world… “It has become apparent that whole masses of human population are, as a whole, inferior in their claim upon…
Luongo On Overblown Nonsense: "Insurrection" & "The Death Of The Dollar"
Authored by Tom Luongo via Gold, Goats, ‘n Guns blog, Here Comes The Dollar Thanks To Italy The whole “Death of the Dollar” thing is completely overblown nonsense. It’s as hyperbolic as the insurrection rhetoric coming from the Democrats over the “Attack on the Capitol” on January 6th. This dollar death spiral narrative is just…
BofA: Bitcoin Is Now "The Mother Of All Bubbles"… This Is How It Could Burst
Back in late 2017 when bitcoin surged higher to reach what would be its all time high of just under $20,000, a veritable cottage industry of experts calling bitcoin the biggest bubble in history emerged. But while the bubble-callers were vindicated for a few years, little did they know that just three years later what…
"The White House" – Homeless Woman Shows Off Skid Row Mansion
Homelessness is a humanitarian crisis in liberal-run Los Angeles, with more than 40,000 people living on the streets. Sections of the metro area have been transformed into a third world country, with dangerous open-air drug areas, streets littered with human feces, diseases, and homeless encampments. For years readers have read our frequent reporting about the horrible conditions…