How Nixon the Keynesian Destroyed the Monetary Regime of Keynes

"Richard Nixon made a lot of bad decisions, but this one was his worst. This one has had long-term consequences far beyond anything he ever imagined. We are now trapped by the Federal Reserve, which buys $1 trillion worth of government debt every year. If it stops, we will get into another major recession. So far, there are few signs the Federal Reserve is going to stop. From 1965 until 1971, foreign governments and central banks could put pressure on the Federal Reserve to stop its expansion of money. All the government or the central bank had to do was order gold at $35 an ounce. That leverage ceased 42 years ago." Continue reading

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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

Police chief defends ‘libtards’ rant: ‘Cops are there to clean up the mess’

"Embattled Gilberton, Pennsylvania police Chief Mark Kessler is currently serving a 30-day suspension for using local property without permission in a series of videos in which he fires weapons while loudly cursing 'libtards.' He has since referred to Democrats as 'the most vile creatures in this country' and accused Gilberton City Council members of planning a 'kangaroo court' against him. 'I don’t regret it,' Kessler said to WTXF regarding the videos. 'I believe I have had an impact on a lot of people across the country. You would not believe the tens of thousands of emails. My phone doesn’t stop.'" Continue reading

Continue ReadingPolice chief defends ‘libtards’ rant: ‘Cops are there to clean up the mess’

Mob attacks gay couple’s engagement ceremony in Haiti

"A British man and his Haitian partner were attacked by dozens of locals who threw molotov cocktails and rocks at the couple’s private engagement ceremony, police said. Several people were injured, two cars were set ablaze and windows were smashed at the residence where the ceremony took place in Port-au-Prince late Saturday. Police arrived just in time to prevent people being killed, inspector Patrick Rosarion told AFP." Continue reading

Continue ReadingMob attacks gay couple’s engagement ceremony in Haiti

Vigilante Detroit residents attack suspected rapist after police fail to act

"Residents in southwest Detroit took matters into their own hands after local police delayed prosecution on a suspected rape in their neighborhood. According to the Detroit Free Press, a group of residents twice attacked the unidentified 43-year-old man on Aug. 5, believing him to be responsible for raping a 15-year-old girl who has Down’s Syndrome, leaving him with wounds on his legs and head. No arrests have been made in either attack against the alleged rapist. The campaign against the man began online, with Facebook posts featuring a picture of the man and warnings like, 'The law better find this fool before the streets do.'" Continue reading

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Google Bus Hate: Give It a Rest

"Some San Franciscans define themselves by what they oppose. This spring they found a new focus for their outrage: the Google (GOOG) bus. Since 2007 the company has been using big, Wi-Fi-equipped, white-and-black coaches to collect employees around the Bay Area and bring them to the Mountain View Googleplex, 45 minutes south of the city. In early May there was a public protest against them at a Mission District transit stop. More than 20 cops were on hand—roughly a 1:1 ratio with protesters. The high point? Two slackers smashing a Google bus piñata." Continue reading

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Fast-food worker protests help labor unions, not labor

"Terrance is not your typical minimum wage worker. Most minimum wage workers move on after a couple of years, because turnover in the fast-food industry is rapid. When I asked NPR how to get in touch with Terrance, I was given the name of his publicist. A minimum-wage worker with a publicist? That’s something. Worker centers such as NYCC should stop masquerading as friends of workers and admit they are paid by unions to do work that unions are not allowed to do. Higher minimum wages will price the young and unskilled out of jobs, and add to their difficulties in finding employment." Continue reading

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Janet Yellen: “A Wise and Humane Policy Is Occasionally to Let Inflation Rise”

"Yellen comes out of the economic school of thought that holds the view that printing money can somehow boost the economy. In essence, she holds the thought that the economy can somehow at times get stuck, that prices at such time don't adjust to supply and demand and that thus money needs to be printed by the Fed via Wall Street cronies to distort prices via monetary and price inflation and fool the public into doing transactions they wouldn't do without the distortions. This is what is held these days as 'utterly unquestioned credentials.'" Continue reading

Continue ReadingJanet Yellen: “A Wise and Humane Policy Is Occasionally to Let Inflation Rise”

The impulse to ban

"You don’t have to be a libertarian, or otherwise opposed to large government, to desire proper analysis of a problem and its potential solutions before rushing into a ban. Yet the impulse in the general population is to ban, whether they are on the left or the right. Those of us involved in drug policy reform have seen so clearly first-hand the unmitigated disasters that can come from the rush to ban, and so are less susceptible, perhaps, to that impulse. But we need to help others see that banning is not equal to stopping the problem." Continue reading

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Human-to-Rat, Brain-to-Brain Control Achieved By Neuro Scientists

"Obviously, this latter possibility would need to be effected through an explicit arrangement and agreement between two consenting humans (and not a human animal pairing, which would seem to be highly unethical, to say the least). But of course, beyond the interpersonal sphere, there is the societal sphere and the need of some societies to control their citizens. BBI is essentially mind-control, and, while there are many good and even miraculous possibilities from this technology in the not-too-distant future, if it were to come under the exclusive control of an authoritarian or autocratic government, our brave new world could easily become Orwellian." Continue reading

Continue ReadingHuman-to-Rat, Brain-to-Brain Control Achieved By Neuro Scientists