Category: US Politics
The analysis published under this category are as follows.Monday, September 25, 2017
A Constitutional Anniversary to Forget / Politics / US Politics
While not a jubilee year, last week marked the 230th anniversary of the US Constitution. Naturally, most of its devotees enthusiastically praised the document which by now is seen on a par with Holy Writ itself. An editorial from Investor’s Business Daily provides an example of such hagiography:
Read full article... Read full article...The Constitution’s beauty is that it not only delineates our rights
as Americans, but expressly limits and defines government’s ability
to interfere in our private lives. This equipoise between citizens’
duties, responsibilities and rights makes it the defining document
or our nation’s glorious freedom.
But America is wonderful largely because of the Constitution and
those who framed it . . . .
What we have is too precious to squander . . . .*
Wednesday, September 20, 2017
Really Bad Ideas, Part 4: US Federal Flood Insurance / Politics / US Politics
As Hurricanes Harvey and Irma wreaked their havoc over the past couple of weeks, several interconnected questions popped up, the answers to which make us look, to put it bluntly, like idiots.
Why, for instance, are there suddenly so many Cat 4 and 5 hurricanes? Is this due to man-made climate change and is this summer therefore our new normal? The answer: Maybe, but that misses the point. There have always been huge storms (like the one that wiped Galveston, TX off the map in 1900, long before global warming was a thing), and barring another ice age there always will be. So the US east coast will remain one of Mother Nature’s favorite targets.
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Tuesday, September 12, 2017
September Will Be The Most Politically Unstable Month Of This Year / Politics / US Politics
This month will be busy for us macro monitors.
The FOMC meets September 19–20 and will likely hike rates another notch, launch its balance-sheet-reduction plan, or both. I will be very surprised if they don’t do either.
The greater suspense is elsewhere in Washington.
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Monday, September 11, 2017
The United States of Hubris / Politics / US Politics
If anyone should have any questions about whether the United States of America is not the most aggressive, warlike, and terroristic nation on the face of the earth, its latest proposed action against the supposed rogue state of North Korea should allay any such doubts.
Last week, the US circulated a draft resolution which it intends to present to the UN Security Council that would give the American Navy and Air Force the power to interdict North Korean ships at sea to determine if they were transporting “weaponry material” or fuel and that US forces would be given “the right” to use “all necessary measures” to “enforce compliance.”*
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Sunday, September 10, 2017
Only Political Dividing Line Left, Roots Based Politics / Politics / US Politics
Because of the rise of Globalism in the late 20th century the U.S. and Western Europe have recently seen stirrings of nationalist awakenings. Terrorism, turmoil in the Middle East and waves of Muslim refugees have fueled the trend.
Wikipedia says this about Nationalism; “a nation should govern itself, free from unwanted outside interference, and is linked to the concept of self-determination. Nationalism is further oriented towards developing and maintaining a national identity based on shared characteristics such as culture, language, race, religion, political goals or a belief in a common ancestry. Nationalism therefore seeks to preserve the nation's culture. It often also involves a sense of pride in the nation's achievements, and is closely linked to the concept of patriotism.”
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Monday, September 04, 2017
Christopher Columbus and the Falsification of History / Politics / US Politics
The Los Angeles City Council’s recent, crazed decision* to replace Christopher Columbus Day with one celebrating “indigenous peoples” can be traced to the falsification of history and denigration of European man which began in earnest in the 1960s throughout the educational establishment (from grade school through the universities), book publishing, and the print and electronic media. It is amazing that, as of yet, the federal holiday commemorating the Genoese explorer’s world- changing voyage has not come under attack. It is doubtful that in the current radicalized leftist ideological atmosphere, the national government’s recognition of Columbus will survive much longer.
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Wednesday, August 30, 2017
The Swamp Strikes Back / Politics / US Politics
On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later, President Trump reversed his previously stated position on the 16 year old Afghan War, thereby eclipsing the possibility that the United States would finally come to its senses and rethink a failed strategy that is likely to fail for years, perhaps decades, to come. The abrupt change, in what had been a central plank in candidate Trump’s appeal to voters thirsting for change in American foreign policy, came hard after the departure of Steve Bannon from the White House. As a self-avowed nationalist, Bannon had represented a true break in interventionist Republican thinking that had entangled the United States in intractable conflicts around the globe. To put an exclamation point, Sebastian Gorka, the last remaining proponent of the Bannon perspective, was forced out of the White House. The counter-revolution appears to be complete.
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Thursday, August 24, 2017
Trump’s Fall - The Eclipse of the Presidency? / Politics / US Politics
As violent demonstrations linger domestically and nuclear risks loom abroad, the White House has flamed new domestic divisions, while paving the way for international trade wars. The coming fall will be the hottest - and potentially most violent - in decades in America.America is amid a great unease. While Charlottesville’s white supremacists and violent riots brought forward old race divisions and seemingly new hate groups, North Korea’s nuclear threats prevail.
In the fall, the White House and the Congress must also cope with a set of political time bombs, including the impending fight for the nation’s debt ceiling (US debt amounts to $20 trillion, or 105% of GDP), the 2018 federal budget, polarizing tax reforms, infrastructure spending and possibly another effort to overthrow Obamacare (i.e., The Patient Protection and Affordable Care Act, ACA).
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Wednesday, August 23, 2017
Donald Trump Terrorist in Chief, “We Aren’t Nation-Building Again, We Are Killing Terrorists” / Politics / US Politics
Fear not, Donald Trump is just trying to rid the world of those pesky terrorists. But, wait a minute, if he’s using violence to annihilate the “terrorism” the US government created with the help of the CIA, Mossad, and Saudi Arabia, then who really are the terrorists?
That was a rhetorical question; we already know that all wars are a complete racket and that the major aim of all this violence is to continue to destabilize the middle eastern countries and continue to prop up the military industrial complex. Oh, and guard the poppy fields of course.
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Tuesday, August 22, 2017
Power Elites Launches Civil War Against Trump / Politics / US Politics
What you are witnessing is a full court press to remove Donald Trump from the Presidency. The endless dribble from every corner of the gate keeping controlled media, the careerist bipartisan hacks, the diseased swamp ridden bureaucrat rats and the cowards who wave the flag of the establishment globalist order, all have banned together to take out the America First agenda. Trump was elected by populist discontent, but is now being betrayed by every faction who fears meaningful change in a corrupt political system that rules over the common man. Make no mistake about the stakes. A forced resignation, a contrived impeachment or an assassination for all to see are now in play. The establishment will not settle for anything less. The people be damned, it is time to show just who rules the United States.
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Friday, August 18, 2017
US Civil War - FUNCTIONAL ILLITERATES TRYING TO ERASE HISTORY / Politics / US Politics
“True patriotism sometimes requires of men to act exactly contrary, at one period, to that which it does at another, and the motive which impels them the desire to do right is precisely the same.” ― Robert E. Lee
I consider myself a student of history. I’ve always been fascinated by the personalities who drove events throughout history. I probably would have been a history major in college if I didn’t feel the need to make enough money to support myself and my family. I chose a business major and decided studying history would be my hobby. Over the years I’ve taken a particular interest in the Civil War. You could even call me a Civil War buff.
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Friday, August 11, 2017
Chicago is America’s Next Black Hole / Politics / US Politics
The Windy City is famous for a lot of things, including the biting winter breeze off Lake Michigan and blowhard politicians.Whether Chicago got its pet name from one or the other doesn’t really matter, since both fit.
But soon, the place also called the Second City will be known as something else: The municipal black hole.
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Thursday, August 10, 2017
North Korea Nuclear War Threat - It's Time to Support Your President / Politics / US Politics
A Guardian headline today shouts: “Trump Has Taken Us To The Brink Of Nuclear War. Can He Be Stopped?”. And I’m thinking that is such obvious nonsense, how dare you print it? The North Korea nuke build up has been going on for decades, and neither Bill Clinton nor George W. Bush nor Obama ever took any decisive actions against it. And now it all falls into Trump’s lap. But that doesn’t mean he’s ‘taken us’ anywhere at all. The last thing Trump wants is this.
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Wednesday, August 02, 2017
Trump, the CIA and the Yokeldom / Politics / US Politics
The western world is mired in a mile-deep political crisis and nary a soul seems to notice, or rather: everyone just sees their own little preferred echochamber tidbits of it. Which is not a good thing, because that crisis is bound to trigger other bigger crises that are much more damaging. And I’m sorry to say it, but Donald Trump is not your main problem. Not even close.
The main problem is the collapse of western political systems. While that is what brought Trump to power in the first place, he didn’t cause the collapse. The collapse is also what ‘gave you’ Brexit, and Trump didn’t cause that either. Moreover, in the next step, on the far end of all this, Trump may well be the only thing standing between you and CIA warfare. I know, who wants to hear that, right?! Who’s ready for that next step?
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Monday, July 31, 2017
Exposing the US Government As Terrorist Organization / Politics / US Politics
I recently had the opportunity to speak on Iran’s PressTV channel. It was great being able to speak a bit of truth about the state of the world and evil transgressions perpetrated by the US government on a relatively well-known network.
The first thing I was asked about was what kind of repercussions the US sanctions on Russia, Iran, and North Korea will have? I responded by bringing up the great anarchist, Frederick Bastiat’s, quote “When goods don’t cross borders, Soldiers will.”
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Sunday, July 30, 2017
Hacker Cracks US Voting Machine - If Politics Seem Messy Now, Just Wait / ElectionOracle / US Politics
It’s already widely understood that the electronic voting machines used by a growing number of US states are easy to hack. But just how easy may not be clear. Consider this from today’s Wall Street Journal:
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Saturday, July 29, 2017
America – Then and Now – Part 1 / Politics / US Politics
Yesterday Andy had a chance to go on Liberty Talk Radio and talk about what is going on economically. We decided that despite what we felt was a great show, that it didn’t even scratch the surface in terms of the differences between how things used to be and how they are now. Particularly disturbing is the relative lack of understanding or willingness to even accept the changes that have taken place by the majority of the population. The latter is called ‘normalcy bias’. It is something ingrained in each of us as a human and either reinforced or stunted by our experiences. We aren’t sure how far down the road of ‘Then and Now’ we’ll get in today’s installment. There may be future installments.
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Thursday, July 27, 2017
Congress Is Hopeless Against Trump’s Plans To Impose Trade Sanctions / Politics / US Politics
Trade is the global economy’s bloodstream. The more freely it flows, the better for all.
As David Ricardo explained 200 years ago, different peoples have unique characteristics that enable them to produce certain goods at lower opportunity costs than others can. Free trade gives consumers access to the best goods and services at the lowest prices.
However, what we now call “free trade” is not what Ricardo had in mind. We have instead managed trade designed to benefit certain favored parties and to disadvantage others.
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Tuesday, July 25, 2017
Trump’s “America First” Trade Frictions Are About to Begin / Politics / US Politics
After the US-Sino Comprehensive Economic Dialogue, trade issues are alienating not only China and America’s NATO allies – but its NAFTA partners, Canada and Mexico.As the Trump administration’s first US-Sino Comprehensive Economic Dialogue (CED) ended in Washington, it could only agree on three no’s: canceled news conferences, no joint statement and no new announcements on market access by the US to China, or by China to the US.
A simple scenario is that the CED has paved way to a major trade conflict between the US and China. Yet, despite tough political rhetoric, economic realities do not seem to support such a view, at least yet.
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Tuesday, July 25, 2017
GOP Leadership Betrays Trump Voters on Obamacare & Debt / Politics / US Politics
The single-digit approval rating of Congress means precious few people still expect much from the politicians running Washington DC.
Expectations should now ratchet even lower as representatives once again demonstrate just how far their words are from their deeds.
We’ll start with healthcare. The U.S. Senate failed in yet another effort to repeal and replace Obamacare. The prospects for reform any time soon are approaching zero.
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