Birds, Bees & AI
Are we there yet? Do our cars fly? Have we cured cancer and obesity? Are our politicians still scoundrels? Do we still grow old and die? Maybe not, but we still fall head-over-heels from time to time.
Our Response to Mr Kennedy (cont)
Our Response to Mr Kennedy (cont)
In a better world, the Fed would be disbanded. After all, the idea that a group of greying lawyers and economists can set interest rates for a US$24 trillion economy is pure fantasy. Neither theory nor experience supports it.
Our Response to Mr. Kennedy
Our Response to Mr. Kennedy
‘Financial wealth’ is very different from real wealth. Real wealth must be earned. Until the 1980s, both rich and poor earned money and gained ground equally. Then, the new financial system tilted the playing field in favor of the elite.
So, Mr Kennedy Called…
So, Mr Kennedy Called…
‘Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children…’
Dwight Eisenhower, 1953
Government for Sale, Going Cheap
Government for Sale, Going Cheap
Last week, the stupidity of smart people was on display. But as failure often leads to success, youth leads to old age, and holding up liquor stores leads to jail time…
For Whom the Polls Bell
For Whom the Polls Bell
You get what you pay for. We get ships and missiles. We don’t get houses, cars, carrots, and the other things people want to buy. Again, consumer prices go up. RFK Jr is the first candidate who proposes to put a stop to it.
Empire of Debt
Empire of Debt
US has been in the empire racket for more than 100 years, it has never gotten the hang of it. It extends its power…it offers protection to nations who obey, war, and sanctions to those who don’t. The trouble is, it loses the wars…and loses money on the whole enterprise.
The Late, Degenerate Empire
The Late, Degenerate Empire
‘Yesterday, all my troubles seemed so far away ‘Now I need a place to hide away ‘Oh I believe in yesterday’ The Beatles We pause to draw breath…tidy up…and say farewell to yesterday. Last week, we looked at an approaching recession. We saw how the pain needed to escape from inflation is likely to fall […]
The Middle Class Squeeze April 26, 2023
The Middle Class Squeeze April 26, 2023
Our point this week: Inflation is not beaten. And it won’t be beaten without pain. No pain, no gain. The rich need to lose as their assets fall in value. The poor need to lose as the feds’ ‘transfer’ schemes become unaffordable.
Hard Landing Ahead
Hard Landing Ahead
Coming up for US deciders is their most important decision in at least 40 years. It can be reduced to a simple question: Are we headed down the Argentine path or not? The Argentines are champions of the world at soccer. What they don’t know about kicking cans down the road isn’t worth knowing.
