American Ruling Class

The Surveillance Speech: A Low Point in Barack Obama’s Presidency

"Why, he used to think just like us when he was younger, and promises to consider our arguments. But some decisions just have to be made by the grownups. Do we know how much he loves us? Can we even imagine how awful he would feel if anything bad ever happened while it was still his job to ensure our safety? By observing Obama's condescension, I don't mean to suggest tone was the most objectionable part of the speech. The disinformation should bother the American people most. The weasel words. The impossible-to-believe protestations. The factually inaccurate assertions. They're all there." Continue reading →

Continue ReadingThe Surveillance Speech: A Low Point in Barack Obama’s Presidency

Bailout Buffett: The Sage of Solar

"Buffett sees the light (no pun intended). He's decided to risk his own capital to help save us from the climate. Except, in this case, 'risk' is for suckers. California utilities are under legislative mandate to get 33% of their electricity from renewable sources by 2020. Twenty-nine other states also have similar mandates. What can be better than circumventing the market, and having the law say that people must use your good or service? It's like having your own printing press! It gets even better for Buffett. Utilities are already signing contracts for the renewable energy. And guess what? The cost is way higher than current market prices." Continue reading →

Continue ReadingBailout Buffett: The Sage of Solar

Huge majority wants Clapper prosecuted for perjury

"In the Democratic states of California and Hawaii, 54 percent and 58 percent of voters, respectively, want him prosecuted. In middle-of-the-road Iowa, it’s 65 percent. And in Republican Texas and Kentucky, it is 68 percent and 69 percent, respectively. These are particularly striking numbers because the 'not sure' numbers are relatively small. in this case, the polls show relatively few voters expressing such a sentiment. That suggests not only that the NSA story has seeped into the national consciousness, but also that people are specifically aware of — and disgusted by — the rampant lying by the Obama administration." Continue reading →

Continue ReadingHuge majority wants Clapper prosecuted for perjury

The Hugely Hypocritical Hillary

"Charlie Anderson, responding to the post about Pillary’s prattling tour and the article discussing her anguish at denying folks the 'right' to vote (ahem: for her), points out that neither she nor her fellow rulers have any problem whatsoever in depriving all citizens of the right to vote for third parties. Indeed, they work assiduously to do exactly that." Continue reading →

Continue ReadingThe Hugely Hypocritical Hillary

The Hugely Hypocritical Hillary

"Charlie Anderson, responding to the post about Pillary’s prattling tour and the article discussing her anguish at denying folks the 'right' to vote (ahem: for her), points out that neither she nor her fellow rulers have any problem whatsoever in depriving all citizens of the right to vote for third parties. Indeed, they work assiduously to do exactly that." Continue reading →

Continue ReadingThe Hugely Hypocritical Hillary

John Kerry, Organization Man

"Lots of people have lots of complaints about the Internet, and some of those complaints are based in fact. One that I hadn’t heard before, until US Secretary of State John Kerry brought it up, is that the Internet makes it 'much harder to govern, much harder to organize people, much harder to find the common interest …' Kerry’s lamentation isn’t the first such, nor will it be the last: The American and global political classes recognize fast, cheap communication between their subjects as the death knell for their own tenuous grip on power. The bloated, bureaucratic, hierarchal, snail-paced organizations on which states rely are no match." Continue reading →

Continue ReadingJohn Kerry, Organization Man

John Kerry, Organization Man

"Lots of people have lots of complaints about the Internet, and some of those complaints are based in fact. One that I hadn’t heard before, until US Secretary of State John Kerry brought it up, is that the Internet makes it 'much harder to govern, much harder to organize people, much harder to find the common interest …' Kerry’s lamentation isn’t the first such, nor will it be the last: The American and global political classes recognize fast, cheap communication between their subjects as the death knell for their own tenuous grip on power. The bloated, bureaucratic, hierarchal, snail-paced organizations on which states rely are no match." Continue reading →

Continue ReadingJohn Kerry, Organization Man

Harvard’s Rogoff: Next Fed Chief Must Have ‘Tolerance for Inflation’

"Harvard University Professor Kenneth Rogoff, whose influential 1985 paper endorsed central bankers focused more on securing low inflation than on spurring employment, is highlighting the benefits of a Fed led by either Janet Yellen or Lawrence Summers precisely because they fail his old litmus test. President Barack Obama said Aug. 9 that they are 'outstanding' and 'highly qualified' candidates to replace Ben S. Bernanke, whose term as chairman runs out in January. What qualifies them in Rogoff’s view is their dovishness, a refusal to place too much weight on stable inflation at a time when unemployment is far above its longer-run level." Continue reading →

Continue ReadingHarvard’s Rogoff: Next Fed Chief Must Have ‘Tolerance for Inflation’

Paul Craig Roberts: Humanity Is Drowning In Washington’s Criminality

"Americans will soon be locked into an unaccountable police state unless US Representatives and Senators find the courage to ask questions and to sanction the executive branch officials who break the law, violate the Constitution, withhold information from Congress, and give false information about their crimes against law, the Constitution, the American people and those in Afghanistan, Pakistan, Yemen, Iraq, Libya, Syria, Somalia, Guantanamo, and elsewhere. The US faces no threat that justifies the lawlessness and abuse of police powers that characterize the executive branch in the 21st century." Continue reading →

Continue ReadingPaul Craig Roberts: Humanity Is Drowning In Washington’s Criminality

Is Government Just Spying Like a Giant Peeping Tom … Or Is It Actively USING that Information?

"Top NSA whistleblower William Binney – the former head of the National Security Agency’s global digital data gathering program, and a 32-year veteran of that agency who was a 'legend' among NSA workers – says that the NSA database is used to harass and even frame anyone the government doesn’t like. Another high-level NSA whistleblower (Russell Tice, who worked on satellite spying for the agency for two decades) says that the NSA is spying on – and blackmailing – top government officials and military officers (and see this; and this PBS interview)." Continue reading →

Continue ReadingIs Government Just Spying Like a Giant Peeping Tom … Or Is It Actively USING that Information?