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The Off-Road End Run

Speed does kill – if you get caught doing it. We live in the Hut! Hut! Hut! era. Armed government workers (AGWs) wearing Batman-style utility belts packed with multiple mags and high-powered “assault” weapons over their Robocop body armor are far more likely to end your life than doing 70 in a 55. Every encounter with them is a threat to our safety. Even if you aren’t Tazed and dragged out of your car by one of these odd juxtapositions of muscled-up and tattoo’d poltroonery (I feared for my safety!) and hair-trigger brutality (stop resisting!) most people just can’t afford to “speed” anymore. The extortion note – styled … Continue reading

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We Are All Hostages of 9/11

Afghanistan was bombed and invaded because of 9/11. I was there from the start, even before 9/11. On August 20, 2001, I interviewed commander Ahmad Shah Massoud, the “Lion of the Panjshir,” who told me about an “unholy alliance” of the Taliban, al-Qaeda and the ISI (Pakistani intel). Back in Peshawar, I learned that something really big was coming: my article was published by Asia Times on August 30. Commander Massoud was killed on September 9: I received a terse email from a Panjshir source, only stating, “the commander has been shot.” Two days later, 9/11 happened. And yet, the day before, none other … Continue reading

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Negative Interest Rates Are Boneheaded

Donald Trump has been badgering Federal Reserve Chairman Jerome Powell for months, begging for lower interest rates. Yesterday, he took things to another level, saying that the “boneheads” at the Fed need to push rates into negative territory. In his podcast, Peter Schiff said negative interest rates are boneheaded.  Trump used a pair of tweets to push for negative interest rates. The Federal Reserve should get our interest rates down to ZERO, or less, and we should then start to refinance our debt. INTEREST COST COULD BE BROUGHT WAY DOWN, while at the same time substantially lengthening the term. … Continue reading

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Turkey Exposes Central Bank Incompetence

Last year I asked whether Turkey would be “City Zero in Global Contagion.” That question was based on the crisis unfolding in the Turkish lira which materially threatened a number of major European banks, especially those in Italy. This week highlighted something really interesting for me that, I think, sets in motion a similar thesis about Turkey but for much different reasons. The sovereign debt crisis will come about purely because of a failure of confidence in institutions. Competence is the key to staying at the top of human dominance hierarchies, not force. Those built on competence tend to last … Continue reading

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What a Relief that the U.S. and Global Economies Are Booming.

Doing more of what’s failed for ten years will finally fail spectacularly.. It was a huge relief to see the charts of the Baltic Dry Index (BDI) and the U.S. retail sector ETF (RTH): both have soared to the moon, signaling that both the U.S. and global economies are booming: the BDI is widely regarded as a proxy for global shipping, which is a proxy for global trade and economic activity. Amazon is 18% of the RTH basket of retail stocks, but the rest are conventional bricks and mortar chains with online sales: Walmart, Home Depot, Lowes, Costco, CVS, etc. The … Continue reading

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Armageddon on the Horizon?

Trump supporters should let Trump hear from them as he is about to commit the United States to a war of Israel’s choosing.  A mutual defense treaty between the US and Israel would give Israel the ability to commit the US to a war in Israel’s behalf.   Remember history.  It was British prime minister Chamberlain’s guarantee to Poland that started World War II.  The idiot British lost control over their own policy and gave it to a crazed and irresponsible Polish military dictatorship.   The attack on the Saudi oil fields that Trump and Israel are blaming on Iran is almost certainly an  attack by … Continue reading

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The World’s Most Important Political Prisoner

We are now just one week away from the end of Julian Assange’s uniquely lengthy imprisonment for bail violation. He will receive parole from the rest of that sentence, but will continue to be imprisoned on remand awaiting his hearing on extradition to the USA – a process which could last several years. At that point, all the excuses for Assange’s imprisonment which so-called leftists and liberals in the UK have hidden behind will evaporate. There are no charges and no active investigation in Sweden, where the “evidence” disintegrated at the first whiff of critical scrutiny. He is no longer … Continue reading

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Red Flag Gun Laws Are Rooted In Communist Methods of Oppression

This week government officials are set to come back from their summer recess, and I have heard from a couple different sources that the US Senate in particular is seeking to fast track legislation on Red Flag gun laws as well as a possible ban on private party transfers of firearms and a possible ban on high capacity magazines. I can only hope that these are just rumors, but I suspect they are accurate. Senate Majority Leader Mitch McConnell has publicly vowed to pursue any new gun control legislation that the Trump Administration supports, and Donald Trump has openly called for Red … Continue reading

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Remembering Tim

He was a Falstaff in his drinking and in celebrating life, but his greatness lay in his friendships. Like his closest friend Nick Scott, who left us three years ago, he roamed the world making friends and being as generous to them as a fairy godfather. The years, with all their disappointments, teach us caution, but Tim Hoare remained reckless to the end. This is High Life about him fifteen years ago: “We hit a hurricane while sailing off the Riviera last week, a hurricane called Tim Hoare. I have never in my long life met anyone quite like him. … Continue reading

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Spy Pigeons & Killer Cigars

The CIA has declassified documents revealing its Cold War spy pigeons program, the latest revelation of the truly bizarre lengths the US went to to win the war which included killer cigars, trained dolphins and acoustic kitties. Pigeon spies The Central Intelligence Agency (CIA) has declassified details of its secret spy-pigeon mission during the Cold War, named ‘Tacana’. It used the birds to secretly photograph sites inside the Soviet Union. The avian species was chosen because of their ability to navigate their way back home, and they apparently flew their missions while expensive cameras were strapped to them. From the … Continue reading

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Saudi Attacks May Nudge US to ‘Go to War’ With Iran and Seize its Oil

The Trump administration, which has long demonised Iran and been trying to choke off its oil exports, has blamed the latest attacks on Saudi oil processing facilities on the Islamic Republic, despite Yemeni Houthi rebels claiming responsibility. Iran rejects the accusations. The United States will emerge as the “biggest beneficiary” of Saturday’s drone attacks that targeted a Saudi Aramco processing facility and oilfield in eastern Saudi Arabia, internet tycoon Kim Dotcom has suggested. The attacks are expected to trigger a jump in oil prices when markets reopen on Monday, given that Saudi Arabia has halted half its oil production – around five … Continue reading

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Concerning Government and Mainstream Media

“The receptivity of the masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in slogans until the last member of the public understands what you want him to understand by your slogan.” ~ Adolf Hitler And so began the task! In order for the powerful to control the masses, a compliant populace is required. Those who hold the real power over the political class and media have been successful in their efforts to gain this … Continue reading

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China Slaps Britain: You Can’t Afford Hostility

China gave Britain a stern warning this week that any naval maneuvers conducted with the US near its declared territories in the South China Sea will be met with a military response. Beijing rapped London further, telling it to dump its “colonial attitude” with regard to Hong Kong. However, the ultimate leverage, was the caustic reminder to Britain that if it wants to trade with China in the future, then it better mind its manners. Given the deepening turmoil over Brexit and the uncertain economic prospects once Britain quits the European Union, the British government is going to need every trading opportunity … Continue reading

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