We’ve crossed the monetary Rubicon. There is no going back to the way things were. With the creation of a series of Special Purpose Vehicles (SPV) the Treasury Dept. and the Federal Reserve have fundamentally altered the financial landscape of the United States. We...
From the Contracorner (paywall): It took 213 years and 43 presidents—-from George Washington to Dubya Bush—- to generate the first $6 trillion of public debt. Now a mad man in the Oval Office and a herd of Capitol Hill larcenists will be doing it in just 700 days....
David Stockman pulls back the curtain on congress' recent multi-trillion dollar bailout package, which, although billed as emergency aid for individuals actually allocates most of the money to various special interests on both sides of the aisle, including millions...
A great deal of the coverage of the COVID-19 crisis has been apocalyptic. That is partly because “if it bleeds, it leads.” But it is also because some of the medical experts with media megaphones have put forward potentially catastrophic scenarios and drastic plans to...
US News The Baltimore police are planning to deploy an aerial surveillance system capable of tracking people’s outdoor movements in 90% of the city. The program is expected to cost $3.7 million in 2020. [Link] Kentucky frees 1,000 nonviolent prisoners. [Link] The FED...
Saturday, April 8th, 1995, Timothy McVeigh and two other men paid a visit to a Tulsa strip club called Lady Godiva's. The three men were reportedly there for several hours, from around 8 or 9 until around midnight. The club's owners were Floyd Radcliffe and his wife,...
During Iraq War II (2003–2011), in addition to thousands of American soldiers and contractors who died, more than 100,000 Iraq civilians were killed. This number is consistent with independent counts as well as leaked Pentagon data (sources available at Wikipedia)....
That's what I would do if some scumbag ripped me off like this. And that's if I'm in a good mood. Smashing a window or slashing a couple tires is pretty easy too. And I hear the cops have decided to stop enforcing laws against such acts in a few major cities already....
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