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The Conflict within the Deep State Just Broke into Open Warfare
The Conflict within the Deep State Just Broke into Open Warfare The battle raging in the Deep State isn’t just a bureaucratic battle–it’s a war for the soul, identity and direction of the nation. When do the unlimited powers of the Intelligence/Security agencies threaten America’s domestic and global national interests? The CIA and its political enablers claim […]
It’s What’s Happening Beneath the Surface That Matters: Moral Decay and Rising Inequality
It’s What’s Happening Beneath the Surface That Matters: Moral Decay and Rising Inequality These disintegrative forces are easy to see but elusive to pin down. Nobody defines themselves as self-serving, greedy and lacking in virtue. Everyone feels trapped in the system. With the media’s hyperactive three-ring circus blasting 24/7, it’s easy to forget that everything consequential […]
The Illusion of Progress
The Illusion of Progress This is precisely what you’d expect of a self-serving elite that was desperate to cloak the unhappy reality that the relative few are benefiting immensely at the expense of the many. The core narrative of politics everywhere is progress, i.e. “moving forward.” If progress isn’t being made, politicos and the system are […]
How Do We Design a DeGrowth Economy?
How Do We Design a DeGrowth Economy? The conventional objections to DeGrowth boil down to: it isn’t the status quo, so it can’t work. Actually, it’s the status quo that isn’t working. I’ve written about DeGrowth for many years, including Degrowth, Anti-Consumerism and Peak Consumption (May 9, 2013), Degrowth Solutions: Half-Farmer, Half-X (July 19, 2014) and And the Next Big Thing […]
There’s a Difference: Fake News and Junk News
There’s a Difference: Fake News and Junk News Media junkies on the tragic path to extinction believe the junk news, non-junkies see through the manipulation. The mainstream media continues peddling its “fake news” narrative like a desperate pusher whose junkies are dying from his toxic dope. It’s slowly dawning on the media-consuming public that the MSM […]
Which Assets Are Most Likely to Survive the Inevitable “System Re-Set”?
Which Assets Are Most Likely to Survive the Inevitable “System Re-Set”? Your skills, knowledge and social capital will emerge unscathed on the other side of the re-set wormhole. Your financial assets held in centrally controlled institutions will not. Longtime correspondent C.A. recently asked a question every American household should be asking: which assets are most […]
The Collapse of the Left
The Collapse of the Left The Left is not just in disarray–it is in complete collapse because the working class has awakened to the Left’s betrayal and abandonment of the working class in favor of building personal wealth and power. The source of the angry angst rippling through the Democratic Party’s progressive camp is not […]
When Assets (Such as Real Estate) Become Liabilities
When Assets (Such as Real Estate) Become Liabilities December 27, 2016 It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article that struck me as a […]
“Fake News”, Censorship, Darwin and Democracy
“Fake News”, Censorship, Darwin and Democracy Censorship is not helpful to democracy–rather, it is the death of democracy. The mainstream media is awash with hyper-active headlines about “fake news.” How can we make sense of this sudden obsession? Perhaps we can start by separating “news” from “analysis” from “commentary.” “News” is “he said this, she […]
The Washington Post: Useful-Idiot Shills for a Failed, Frantic Status Quo That Has Lost Control of the Narrative
The Washington Post: Useful-Idiot Shills for a Failed, Frantic Status Quo That Has Lost Control of the Narrative Don’t you think it fair and reasonable that anyone accusing me of being a shill for Russian propaganda ought to read my ten books in their entirety and identify the sections that support their slanderous accusation? I […]
Welcome to Neocolonialism, Exploited Peasants!
Welcome to Neocolonialism, Exploited Peasants! The U.S. peasantry has been stripmined exactly like the powerless colonial peasantry in the old colonial model. In my latest interview with Max Keiser, Max asked a question of fundamental importance: (I paraphrase, as the interview has not yet been posted): now that the current iteration of capitalism has occupied every […]
Please Assume Crash Positions
Please Assume Crash Positions That few believe Mr. Market can possibly stumble only increases the odds of a stumble. You know how to get into crash positions, correct? Here’s your guide: Very few punters expect a real downturn here in stocks. The reasons for confidence are many: the Fed has our back, buy the dip has worked […]
Sorry, Central Banks: Risk and Volatility Cannot be Extinguished
Sorry, Central Banks: Risk and Volatility Cannot be Extinguished Central bank market intervention doesn’t extinguish risk–it simply transfers it to the system itself. The unspoken claim of central bank policy is that risk can be extinguished by intervention/manipulation: once the Fed has your back, i.e. is supporting the market, risk disappears, and the easy profits flow to […]
When Did Our Elites Become Self-Serving Parasites?
When Did Our Elites Become Self-Serving Parasites? Combine financialization, neoliberalism and moral bankruptcy, and you end up with self-serving parasitic elites. When did our financial and political elites become self-serving parasites? Some will answer that elites have always been self-serving parasites; as tempting as it may be to offer a blanket denunciation of elites, this overlooks […]
The Three Stages of Empire
The Three Stages of Empire I consider it self-evident that we are in the third and final stage of self-serving Imperial decay. Though Edward Luttwak’s The Grand Strategy of the Roman Empire: From the First Century CE to the Third is not specifically on the rise and fall of empires, it does sketch out the three stages […]