The Glass-Steagall Act – 06.16.2017

June 15, 2017

Path to the financial slaughter made possible by the Glass-Steagall repeal in 1998. The Comey Senate speech. An example of a stock short selection. Long-term deflation is with us. The limited value of ‘experience.’ The hazards of lending and borrowing money. Why a debt jubilee is impractical.


A Coup Averted – 06.12.2017

June 11, 2017

The history of brazen attempts to overthrow sitting American presidents. One insolvent Spanish bank being taken over by another insolvent bank! More consumer bad news. A quick follow-up to last week’s comment on economics. Absurd attempts to criminalize the Trump administration’s meetings with “The Russians”. More store closings. The nonsensical unemployment figures for last month. The tulip mania. Presidents’ rights over initiation and abrogation of treaties. Homelessness in Los Angeles.


A Truly Stunning, Momentous Discovery – 06.09.2017

June 8, 2017

How long the madness persists and how it will end. Trump’s U-turn on Saudi Arabia. The legacy of The Marshall Plan. National money management run amok. Comment on the recent, monthly unemployment statistics. Russia’s pushback to America’s constant carping. A recent, stunning discovery: a true break-through in my understanding of today’s economy. The difference between my parents’ and my own relationship to the government.


Economic Recap – 06.05.2017

June 4, 2017

Quick economic recap. America tries to assert global hegemony over Russia. The motive behind the demonization of Flynn: his desire to normalize relations with Russia. Why wages are not rising. The government lying about delinquencies and defaults. Going out to lunch: a dying tradition in the U.S. Soft drinks in Mexico are killing the population. Thanks, Coke and Pepsi!  U.S. car sales are declining again.


Economic Analysis Run Amok – 06.02.2017

June 2, 2017

Why bankers depend on established (but quack) economists to guide them. Central bankers lend money to anybody and everybody, a sea-change since August 15, 1971. No evidence of Russia interfering in the 2016 U.S. election. The crisis of growing debt-to-GDP. QE and the markets. U.S.-caused casualties now exceed Syrian government ones. Worry is good for you! Budget cuts are useless. A catastrophe is unavoidable.


America Is Insane! – 05.29.2017

May 28, 2017

Americans no longer live in the real world. Everything is a fantasy. Americans’ debt is much more pernicious than the debt they held in 2008. Trump’s plan to slash spending is unworkable. Ditto his budget. The dangers of WiFi in your home. Current inflationary trends. Professor asked to resign by students because he would not agree to white people absenting themselves for a day. Cryptocurrencies, part 2. Jim Kunstler piece. A healthcare anecdote. Trump’s U-turn over Saudi Arabia. This is a shocker!


Artificial Intelligence (AI) – 05.26.2017

May 25, 2017

Atrocities in Venezuela show the suddenness with which a society can turn against itself. America, be warned! The consequences of artificial intelligence. Update on Brexit: the E.U. doesn’t have the leverage it thinks it has! What happens when C&I lending retrenches… Letter from an ‘ordinary person’. Listen to the hopelessness. Doctors: older, not necessarily wiser. Another U-turn from Trump, this time: Iran. Hearken to the fate of Caligula! The demise of religion.


Cryptocurrencies – 05.22.2017

May 22, 2017

The disappearance of the Bill of Rights. ‘Cognitive dissonance’ as pertains to Trump. Cryptocurrencies: what they are, how they’re used and their future. U.S. military bases worldwide. Stock market valuations. Department store-shopping may not be around much longer. Issues from the Civil War. Odds of Trump being impeached: 0.


Greece Update – 05.19.2017

May 18, 2017

The latest crisis and how the Greek people are the losers once again. The crazy case of Snapchat. It’s déjà vu, the late 90s all over again! Trump will not be impeached. U.S. escalating the Afghan war. Thanks, Donnie-boy! U.S. maternal deaths are increasing, in contrast to all other advanced countries. A ‘Single-Payer’ townhall experience. Very interesting and revealing. Violence in Chicago is soaring. “Turn off the damned ‘fasten seatbelts’ sign!” Social security: not what you think. The Deep State is gradually unseating Trump.


The Hideous Injustice Meted Out To Michael Flynn – 05.15.2017

May 14, 2017

Evidence-free testimony against Flynn – and no one comes to his defense. The entire “Russia” story is a sham and a disgrace. But nobody will stand up and be counted. Ugh! Baltimore’s decline. The stock market: a devastating comment. More on the auto loan market. The E.U.: “prisoner of its own-constructed reality”. The E.U.’s future. The dangers of free wi-fi. The crazy case of Snapchat.