Tim Shorrock shares what might be a positive side to the global coronavirus outbreak: a chance for the U.S. government to relax sanctions on Iran and North Korea. Shorrock thinks it would be easy for President Trump to announce that these sanctions will no longer be...
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The Unseen Consequences of the Coronavirus Response
While sicknesses and death mount from the coronavirus pandemic, the responses by all levels of government have been overwhelming. School closings, business closings, cancellations of sporting events and concerts, “stay in place” orders, hysterical panic spread by the...
Why We Need Free Markets To Fight Pandemics
The natural response in the face of a pandemic like the one we are experiencing today with COVID-19 is to take immediate and direct action to curb the crisis. We are told we need to have extensive quarantines, citywide lockdowns, and shelter-in-place orders. We...
Flattening the Curve, Prolonging the Pain
I want to discuss the above graphic since it, or some version of it, has been promulgating the 24/7 media coverage and the internet. I realize the point of “flattening the curve” is to decrease the number of people who get COVID-19. That seems reasonable on face...
3/20/20 Gareth Porter on the New York Times’ Ongoing Russiagate Disinformation Campaign
Scott talks to Gareth Porter about the New York Times' continued efforts to bolster the story that Russia both interfered in the 2016 presidential election and continues to do so in the lead up to the 2020 election. This time around, they allege, Russian actors are...
3/20/20 William Arkin on the Military’s Top Secret Coronavirus Plans
Scott interviews William Arkin about his recent Newsweek article discussing the the government's various contingency plans—both public and secret—to keep a functioning, constitutional government alive during a national crisis. He is not so concerned about the...
The Money-Printing Gods Have Failed
Hooray! Finally even the robo-machines and day traders are puking, not BTFDing. Today’s 3,000 Dow Point Dump says even they have had enough of the craven dolts who occupy the Eccles Building. You do not need a PhD in economics—or even a night school survey course—to...
Direct Payments From Government is Not the Way to Stimulate the Economy
The latest in the Federal government’s response to the coronavirus pandemic is President Trump’s announcement of a “stimulus package” estimated between $850 billion to $1 trillion. The plan reportedly includes $50 to $100 billion bailouts to the airline industry, $200...
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