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Lacy Hunt On The Unintended Consequences Of Federal Reserve Policies

Authored by Mike Shedlock via www.themaven.net/mishtalk, The Financial Repression Authority interviewed Lacy Hunt, Chief Economist at Hoisington Management on Fed policies. The interview below first appeared on the FRA website along with a video. The emphasis in italics is mine. FRA: Hi, welcome to FRA’s Roundtable Insight. Today, we have Dr. Lacy Hunt. He’s an […]


“$1MM Per Minute In Salaries, $22BN Per Year In Vacation Pay” And Other Fun Facts About The Federal Workforce

The folks at Open The Books decided to take a deep dive into the salaries of 1.97 million federal employees, using data collected from the Office Of Personnel Management and the USPS via FOIA requests, and the endless examples of excessive pay and pure waste are sure to make you sick, if not downright suicidal.  […]


Headlines Like These are Why Trump Isn’t Worried…

Via The Daily Bell What does desperation look like? This: The weird thing about trees is that someday, like all of us, they die. This tree was on its way out. In fact, the tree was removed in order to protect anyone standing under it from danger. Who usually stands under it? The press. Melania […]


Pat Buchanan Asks “Did The FBI Conspire To Stop Trump?”

Authored by Patrick Buchanan via Buchanan.org, The original question the FBI investigation of the Trump campaign was to answer was a simple one: Did he do it? Did Trump, or officials with his knowledge, collude with Vladimir Putin’s Russia to hack the emails of John Podesta and the DNC, and leak the contents to damage […]


Pair Of Bush-Era Economists Emerge As Front-Runners For Fed Vice Chair Position

After selecting Fed governor Jerome Powell to replace Janet Yellen as Fed Chair when her term expires in February, the Trump White House has now moved on to interviewing a series of candidates for the Vice Chair position.  As the Wall Street Journal notes this morning, two of the more likely candidates for that role […]


Frontrunning: December 27

Post-Holiday Rush: Homeowners Line Up to Prepay Tax Bills (WSJ) World stocks rise as metals surge mitigates iPhone X woes (Reuters) White House Considers Former Bush-Era Economists for Fed No. 2 Job (WSJ) More lawsuits over slowing down of older iPhones (Reuters) Barclays Takes $1.3 Billion Hit From U.S. Tax Bill (BBG) Shell, Barclays Detail […]


Scientists Discovered North Korean Defector Carried Anthrax Antibodies

As we’ve reported here and here, there have been several high-profile defections this year involving Korean soldiers sprinting across the heavily fortified border between the two Koreas – a feat that had not been previously accomplished since 2007. In the first incident, the soldier was shot seven times as he staged a daring escape that […]


British Diplomats Say Ignore The Low Approval Ratings; Prepare For A Trump Second Term

Anyone who consumes even a modest dose of mainstream media is probably convinced by now that the GOP will lose both the Senate and House in 2018 followed by the White House in 2020 (assuming Trump is even able to avoid impeachment, that is).  As evidence of that fact, political pundits from MSNBC to CNN […]


Why Is Alphabet CEO Eric Schmidt Technically Serving In The Department Of Defense?

Authored by Eric Lieberman via The Daily Caller, Eric Schmidt, chief executive of Google parent company Alphabet, was appointed chairman of a Department of Defense program in 2016 that was established by former President Barack Obama’s administration. A staunch supporter of the Democratic Party and critic of President Donald Trump, Schmidt still continues to lead […]


Paul Craig Roberts’ Christmas Column 2017: The Greatest Gift Of All

Authored by Paul Craig Roberts, Dear Donors, thank you for your support in 2017. Although you have kept me working yet another year, I find it encouraging that there are some Americans who can think independently and who want to know. As Margaret Mead said, it only takes a few determined people to change the […]


Traub: “The US Has Reached The Last Stage Before Collapse”

Authored by James Traub via Foreign Policy, The United States of America Is Decadent and Depraved The problem isn’t Donald Trump – it’s the Donald Trump in all of us… In The History of the Decline and Fall of The Roman Empire, Edward Gibbon luridly evokes the Rome of 408 A.D., when the armies of […]


Palestinian Santas Clash With Israeli Forces On Christmas In Bethlehem

On Christmas Eve, Palestinians, many of them dressed as Santa Claus, staged a rally in the city of Bethlehem in the West Bank protesting against to the US recognition of Jerusalem as Israel’s capital. Israeli forces used tear gas and stun grenades against the protesters near an Israeli military tower in Bethlehem – the ancient […]


US Slashes United Nations’ Budget By $285 Million Following “Stunning” Jerusalem Rebuke

The United States announced a $285 million cut in the United Nations’ “bloated” budget for next year, negotiated by UN Ambassador Nikki Haley. A statement by the United States Mission to the United Nations reads:  Today, the United Nations agreed on a budget for the 2018-2019 fiscal year. ‎Among a host of other successes, the […]


Assange’s Twitter Account Mysteriously Deleted, Days After Seth Rich Hint

Julian Assange’s Twitter account was mysteriously deleted on Christmas Eve, leaving perhaps the most important witness in the Trump-Russia investigation cut off from the rest of the world while he sits in the Ecuadorian Embassy in London.  Attempting to access Assange’s Twitter account results in the following message: This page only appears when an account […]


Assange’s Twitter Account Mysteriously Deleted, Reappears Hours Later

Update: as of 9:30am ET, the @JulianAssange accounts has returned, although it appears to be a truncated or restored one, which shortly after its reappearance shows just over 1,000 followers. A “returned” Assange tweeted the following cartoon. pic.twitter.com/NpZOWzpwhQ — Julian Assange ???? (@JulianAssange) December 25, 2017 * * * Julian Assange’s Twitter account was mysteriously […]