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Sunday, September 25, 2016
The Looming Smash-Up of the World’s Economy
Ambrose Evans-Pritchard has written an article on a United Nations report on debt and default. He is a Keynesian. He worries about deflation. Deflation is the ultimate negative sanction in his view. Like all Keynesians, he does not understand the healing effects of deflation. But I read him because he provides data on the fragility […] READ MORE

How the Big New York Banks Sold the Federal Reserve to Congress
Murray Rothbard has told the amazing story of how the New York bankers sold the FED to Congress. His little book on The Origins of the Federal Reserve is a masterpiece. From his book, I have sifted the chronology of the banks’ propaganda program: 17 years. They did it by capturing a handful of business […] READ MORE

Video: Look Her in the Eye!
This video goes into greater detail on Hillary’s strange eye movements. Will the public see this in the September 26 debate? If it happens, will the networks’ talking heads mention it? Headlines: “Eye, Eye!” “The Eyes Have It.” “The Whites of Her Eyes” “Eyeball to Eyeball” “Shifty Eye” READ MORE

Diet and Alzheimer’s: A Correlation
We all fear Alzheimer’s. No one wants to become a vegetable who is dependent on his family or some expensive staff. There are lots of health food assessments and diets. Whether they work or not is mostly guesswork and faith. So is the following. But this was published in Psychology Today. This does not make […] READ MORE

Mystery: What the Khan Academy Teaches in the Social Sciences
If we are to believe Khan Academy’s reports, it teaches something in the range of 25 million students. Half are outside the United States. Nothing like this has ever happened: one man providing K-12 education for 25 million students. It may be 100 million in ten years. No educator can catch up. He has a […] READ MORE

Vin Scully Says Goodbye
The voice of the Los Angeles Dodgers is retiring after 67 years. Los Angeles had the two best sports announcers ever: Chick Hearn (basketball) and Vin Scully. Hearn was flawless until the very end. He fell off a ladder at age 85 and suffered a fatal concussion. I wrote an obituary: “I Always Wanted to […] READ MORE

The Economy Is Rigged
By John Mauldin Yes, the system is rigged, just not in the way that 99% of the people think it is and not by those they think are doing the rigging. Greed is not the reason for the rigging, nor are any of the other usual “follow the money” reasons. We cannot make a convenient […] READ MORE

Les Deplorables
There are some creative people out there. READ MORE

Recessions, Elections, and Republicans: 1945-2016
The following chart surveys industrial production in the United States. It was produced by the Federal Bank of St. Louis. The gray vertical bars mark recessions Below, I list those recessions that took place in, or shortly before, Presidential election years. As you will see, except for the 1980 Presidential election, recessions since 1945 have […] READ MORE

Video: Hillary’s Parkinson’s Symptoms
This video is a very good example of a low-budget presentation that is persuasive. It cost the producer time, not money. At the time that I discovered it, it had received about 25,000 hits. Dr. Tom Woods subsequently found another posting of this video. It had 2.5 million hits. The author stated his case, which […] READ MORE

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