On the 1 year anniversary of Year Zero, episode 65, Tommy looks at the effects of 9/11. Given all the lies told by the US government surrounding 9/11 It's easy to see why the truther community still grows and thrives. So much so that one must wonder if the...
Wolf Richter at Wolf Street. Consumer credit – auto loans, student loans, and revolving credit such as credit card balances and personal loans, but not housing-related debt such as mortgages and HELOCs – grew 5.4%, or by $208 billion, in the second quarter compared to...
Bonnie Kristian in the L.A. Times Our foreign policy going forward should be informed by what this recent poll shows most Americans have already realized: The wars in Iraq, Afghanistan and Syria weren’t worth it. They cost us dearly in every respect: indebted future...
Unfortunately, spending is up 7.6% to $2.57 trillion. The largest increase is debt service, up 13.6% from last year. This is in a low interest rate environment. The Fed is trapped in maintaining low interest rates. Danielle DiMartino: "Fed controlled rates...
On FPF #324, I break down several important news stories. An IG report shows billions of dollars were spent on the F-35 without oversight, and the US is planning to invest over $300 million on space lasers. The US will allow Citgo to make debt payments to Venezuela....
So, $47 billion on free college tuition; $1 trillion for new infrastructure; $1.4 trillion to write off student loan debt; at least $7 trillion on a Green New Deal; $32 trillion on “Medicare for All.” By one estimate, these new spending proposals total an estimated...
“Economic war” sounds like a tidy solution until you look at what it actually does and what it rarely accomplishes. We sit down with Lt. Col. Karen Kwiatkowski to pressure-test the latest U.S. messaging on Iran, from claims that sanctions will prevent a nuclear...
The fastest way to lose a war is to start one without an end state, and that’s the thread we pull from start to finish with Jim Webb. We get specific about what “no strategy” looks like in the real world: no clear objective, no believable measure of success, and no...
Gas prices don’t rise in a vacuum. They rise when chokepoints tighten, reserves drain, and officials pretend the pain will stay contained. We sit down with Larry Johnson of Sonar21 to pressure-test the story you’re being sold about the war with Iran, the Strait of...
A US aircraft carrier packed with 5,000 sailors is not supposed to become a story about empty shelves, broken plumbing, and desperate messages to families. We start there because the USS Abraham Lincoln reports don’t just raise moral alarms, they raise a strategic...
A president who craves praise is easy to steer, and Charles Goyette argues that’s exactly the danger facing US foreign policy right now. I’m joined by the New York Times best-selling author and Libertarian Institute writer to unpack his “mousetrapped” thesis: how...
Trump says the war is going great and the “bully of the Middle East” is no longer in charge. We’re not buying slogans, so we pull the thread on what “going great” is supposed to mean when U.S. munitions stockpiles are thinning, regional bases are taking hits, and the...