"The White House budget office now estimates that the deficit will rise to nearly $1.1 trillion in the fiscal year that begins this October, or 5.1% of gross domestic product, up from $984 billion projected in February’s budget proposal. The U.S. ran a deficit of $666 billion for the fiscal year that ended Sept. 30, 2017, or 3.4% of GDP."
"Would the ACLU ever offer a 'Pro-Liberty Case for Fourth Amendment Restrictions?'"
"Roughly 15,000 Boers are ready to leave their country and begin a new life in Russia."
"It seems that we may need to be reminded every generation or so of the perils of foreign military intervention and the simple truth asserted by General Graves."
A confirmation of Justice Brett Kavanaugh, because he may have once opposed Roe V. Wade on abortion, is not likely to be as threatening as portrayed by the media. In the first place justices are only allowed to choose from what is brought before them, cases having survived tedious, time-consuming and expensive lower court scrutiny.…
"Being ousted from office by special counsel would really not be so bad given the other methods that the U.S. deep state has employed against presidents who have dared to befriend Russia."
"In private conversations, investors, entrepreneurs and economists admit that with the high debt level and a trade war with the United States, the room for government maneuvering is shrinking. The degrees of pessimism vary, but many of them are bracing for a tough ride ahead. They told me to change all my savings into gold, a risk-management measure for extreme times. They worry that the trade war will hurt the tech and the venture capital industries because they operate globally."
"About $1 trillion worth of stocks listed in China's two main markets, Shanghai or Shenzhen, are being pledged as collateral for loans. This trend has exploded in the past three years."
"Beijing once again changed the game with their aggressive deleveraging campaign, which sent shadow credit creation crashing to record lows just last month."
In this episode of Thoughts from Maharrey Head, I talk about the famous quote, “Eternal vigilance is the price of liberty,” and explain how this idea applies today.