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Larry Kudlow: A Horseman Of Economic Apocalypse?

Larry Kudlow: A Horseman Of Economic Apocalypse?

In the world of alternative economics we often focus on the schemes and machinations of central banks as well as international banks as their closely tied partners in crime. But it is easy to forget that these institutions are merely composites and proxies made up of specific people.  The institutions themselves are no more invincible than the very mortal criminals that make up their memberships.

As a writer for the liberty movement I often hear the demand that we should “name names” when referring to groups like “globalists” in our analysis. These demands usually come from people who are too naive to understand how long such an article would be if we had to make a list of said globalists and their trespasses every time we sat down to make a point or convey a piece of information. That said, I’m happy to start a new series of articles which I will be publishing intermittently that will focus on “naming names,” one name at a time.

Some of these names will belong to people you rarely if ever hear about. These are the men behind the curtain of power, those that have much greater influence than is apparent at first glance.

In my last article I outlined the unfortunate propensity of Donald Trump to invite such “swamp creatures” into his cabinet and into the White House. Some of these people are rather notorious and well-known, like Council on Foreign Relations warmonger John Bolton.  However, others have gone under the radar.

The name of Larry Kudlow has been making the rounds lately, at least in mainstream economic circles, largely because of his role in Trump’s accelerating global trade war efforts. Kudlow is the Director of the National Economic Council and adviser to the Trump administration, recently replacing Goldman Sachs alumni Gary Cohn.

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The FBI’s Forgotten Criminal History `

The FBI’s Forgotten Criminal History 

Photo by Dave Newman | CC by 2.0

President Trump’s firing of FBI chief James Comey last May spurred much of the media to rally around America’s most powerful domestic federal agency. But the FBI has a long record of both deceit and incompetence. Five years ago, Americans learned that the FBI was teaching its agents that “the FBI has the ability to bend or suspend the law to impinge on the freedom of others.” This has practically been the Bureau’s motif since its creation in 1908.

The bureau was small potatoes until Woodrow Wilson dragged the United States into World War I. In one fell swoop, the number of dangerous Americans increased by perhaps twentyfold. The Espionage Act of 1917 made it easy to jail anyone who criticized the war or the government. In September 1918, the bureau, working with local police and private vigilantes, seized more than 50,000 suspected draft dodgers off the streets and out of the restaurants of New York, Newark, and Jersey City. The Justice Department was disgraced when the vast majority of young men who had been arrested turned out to be innocent.

In January 1920, J. Edgar Hoover — the 25-year-old chief of the bureau’s Radical Division — was the point man for the “Palmer Raids.” Nearly 10,000 suspected Reds and radicals were seized. The bureau carefully avoided keeping an accurate count of detainees (a similar pattern of negligence occurred with the roundups after the 9/11 attacks). Attorney General Mitchell Palmer sought to use the massive roundups to propel his presidential candidacy. The operation took a drubbing, however, after an insolent judge demanded that the Justice Department provide evidence for why people had been arrested. Federal judge George Anderson complained that the government had created a “spy system” that “destroys trust and confidence and propagates hate. A mob is a mob whether made up of government officials acting under instructions from the Department of Justice, or of criminals, loafers, and the vicious classes.”

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Control What You Can

Control What You Can

Our society does not make it easy to control what you can control.

One of the aphorisms to live by here at Of Two Minds is control what you can.We don’t control the erosion of our money from inflation, the state’s vast criminalization machinery, the nation’s foreign policies or the central bank’s free money for financierspolicies.

So what do we control? Amazingly enough, we still control a few things. We control what we eat (at least those of us who aren’t institutionalized do), what fitness/ stretching/ bodywork routine we do or don’t do, and we still control what we do with our surplus money: we can salt it away as savings rather than spend it, and we control where to invest our savings.

Here’s a couple of thoughts on productively controlling what we can control.

1. Don’t count on bailouts, debt forgiveness, debt jubilees, guaranteed minimum income or any other form of free money. The Federal Reserve, the Treasury and the Justice Department have made it very clear: free money is for financiers, banks and corporations, and bailouts are for too-big-to-fail banks and financial institutions.

As for debt forgiveness and debt jubilees: every $1 of debt that’s forgiven (i.e. written off) is $1 that’s removed from some investor’s balance sheet. If we jubilee $1 trillion in debt, that’s $1 trillion in assets that are destroyed.

As the saying goes, there’s no free lunch (except for friends of the Fed), and since every dollar of debt is someone else’s asset, don’t expect bailouts or debt forgiveness. If it happens, great, but there will will be catches–including Catch 22, 23 and 24.

2. It’s tough not to self-destruct in Our Impoverished, Pathological Society. We all know extra weight is hard on our bodies and health, even if we’re fit, and so the fact that 70.7% of Americans 20 and older are overweight or obese indicates just how difficult it is to remain healthy in our “salty, sugary, fatty treats are temptingly everywhere” culture.

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Presidential Crimes Then And Now — Paul Craig Roberts

Presidential Crimes Then And Now — Paul Craig Roberts

Are Nixon’s and the Reagan administration’s crimes noticable on the scale of Clinton’s, George W. Bush’s, and Obama’s?

Not much remains of the once vibrant American left-wing. Among the brainwashed remnants there is such a hatred of Richard Nixon and Ronald Reagan that the commitment of these two presidents to ending dangerous military rivalries is unrecognized. Whenever I write about the illegal invasions of other countries launched by Clinton, George W. Bush, and Obama, leftists point to Chile, Nicaragua and Grenada and say that nothing has changed. But a great deal has changed. In the 1970s and 1980s Nixon and Reagan focused on reducing Cold War tensions. Courageously, Nixon negotiated nuclear arms limitation agreements with the Soviet Union and opened to China, and Reagan negotiated with Gorbachev the end of the dangerous Cold War.

Beginning with the Clinton regime, the neoconservative doctrine of the US as the Uni-power exercising hegemony over the world has resurrected tensions between nuclear-armed powers. Clinton trashed the word of the Reagan and George H.W. Bush administrations and expanded NATO throughout Eastern Europe and brought the military alliance to Russia’s border. The George W. Bush regime withdrew from the anti-ballistic missile treaty, revised US war doctrine to permit pre-emptive nuclear attack, and negotiated with Washington’s East European vassals to put anti-ballistic missiles on Russia’s borders in an effort to neutralize Russia’s nuclear deterrent, thus bringing major security problems to Russia. The Obama regime staged a coup against a government allied with Russia in Ukraine, traditionally a part of Russia, and imposed a Russophobia government as Washington’s vassal.

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Olduvai IV: Courage
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Olduvai II: Exodus
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