“Pssst. What’s the Password?”

Posted on August 6, 2014

password

A Russian group has hacked 1.2 billion usernames and passwords belonging to more than 500 million email addresses, according to Hold Security – a US firm specialising in discovering breaches. Hold Security described the hack as the “largest data breach known to date”. It claimed the stolen information came from more than 420,000 websites, including […]

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More Bad News from Afghanistan

Posted on August 6, 2014

afghanistan-violence

Civilians increasingly find themselves under fire as the 2001 U.S.-led war draws to a close, as Afghan forces take the lead in operations targeting the Taliban. The civilian death toll in the war in Afghanistan rose 17 percent for the first half of this year, the United Nations reported in July. The U.N. said 1,564 […]

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NATO: The Broken Promise Has Backfired–Ukraine

Written by Gary North on August 5, 2014

nato-flag

NATO was created in 1949. The North Atlantic Treaty Organization broke an American tradition. It was a defensive alliance. The United States had been involved only one such alliance in the past: the French alliance of 1778, which led to the defeat of the British at Yorktown in 1781. The French treaty was permanently severed […]

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The Stock Market Is a Titanic in Search of an Iceberg

Posted on August 4, 2014

titanic

by Bill Bonner What was that sound? Did you feel a little bump? Nah… don’t worry about it. Go back to your cabin and have a good sleep. Just when things were going so well! With all that GDP growth! All those new jobs! We were all set to believe that the US economy really […]

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Piketty Cut to Ribbons, Slice by Slice

Written by Gary North on August 4, 2014

thomas-piketty

Thomas Piketty, a French Marxist, got rich this year on book royalties. That his unreadable 700-page book got a huge market will go down as one of the great mysteries of early 21st-century capitalism. We have seen nothing like this since Tiny Tim sang Tiptoe Through the Tulips. That the world of the Left literati […]

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The Judicial Case Against Reparations to Blacks

Written by Gary North on August 2, 2014

justice-for-blacks

This debate will not go away. There is a reason for this. First, there is a lot of money on the line. Second, the welfare state ideology is widespread. The case for reparations is the case for the welfare state. The case for reparations to blacks in general from society in general rests on a […]

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The Official Counterfeiter: A Cartoon Booklet For Congress

Written by Gary North on July 31, 2014

LockmanFED

Back in 1969, Vic Lockman published a cartoon booklet exposing the Federal Reserve System. Lockman was a cartoonist for Disney. He did not do the final cartoons. He wrote the story lines and provided accompanying cartoons. Then the in-house Disney cartoonists re-drew them. Lockman had been reading my essays on the Federal Reserve. He created […]

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New Jersey Will Default on Government Pensions

Written by Gary North on July 31, 2014

pensions

State by state, county by county, city by city: they will default. The money is not there. The promises were huge. New Jersey’s governor Christie is touring the state, telling the voters that the state will break promises to retired government workers. He is doing what other government officials refuse to do: tell the truth […]

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