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Hurtling Toward Bankruptcy

HURTLING TOWARD BANKRUPTCY The federal government owes people almost $22 trillion. That means that American taxpayers owe people almost $22 trillion. That’s because the federal government has no money of its own. The money it gets comes entirely from American taxpayers. That’s what the IRS is for — to make certain that everyone sends his […]

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Why The Empire Never Sleeps: The Indispensable Nation Folly

Why The Empire Never Sleeps: The Indispensable Nation Folly Like the case of Rome before it, the Empire is bankrupting America. The true fiscal cost is upwards of $1.o trillion per year (counting $200 billion for veterans and debt service for wars), but there is no way to pay for it. That’s because the 78-million strong Baby Boom is […]

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Two Elephants In The Room That The GOP Has Completely Forgotten

Two Elephants In The Room That The GOP Has Completely Forgotten The US economy is threatened by two giant problems which cause all others to pale into insignificance. We are referring to a rogue central bank that has become an absolute enemy of capitalist prosperity and a fiscal doomsday machine that is hostage to the […]

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America’s National Debt Bomb Caused By the Welfare State

AMERICA’S NATIONAL DEBT BOMB CAUSED BY THE WELFARE STATE The news is filled with the everyday zigzags of those competing against each other for the Democrat and Republican Party nominations to run for the presidency of the United States. But one of the most important issues receiving little or no attention in this circus of […]

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Verging on Plutocracy? Getting Real About the Unelected Dictatorship

Verging on Plutocracy? Getting Real About the Unelected Dictatorship In politics as in medicine, excessively mild remedies are typically based on overly placid diagnoses. Look, for example, at the highly esteemed Columbia University historian Eric Foner’s recent letter of congratulations and advice to Democratic Party presidential candidate Bernie Sanders in The Nation. As I have argued […]

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Culture of Cruelty: the Age of Neoliberal Authoritarianism

Culture of Cruelty: the Age of Neoliberal Authoritarianism George Orwell’s nightmarish vision of a totalitarian society casts a dark shadow over the United States. As American society has moved from a welfare to a warfare state, the institutions that were once meant to limit human suffering and misfortune and protect the public from the excesses […]

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Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Keynesian Central Bankers’ Debt Prison?

Alexis Tsipras—-Angel Of Mercy Or “Trusty” Of The Keynesian Central Bankers’ Debt Prison? Greece, Europe and the world are being crucified on a cross of Keynesian central banking. The latter’s two-decade long deluge of money printing and ZIRP has generated a fantastic worldwide financial bubble, and one which has accrued to just a tiny slice of mankind. That much is blindingly evident, but there’s more […]

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American Exceptionalism and the Entitlement State

American Exceptionalism and the Entitlement State If social policy were medicine, and countries were the patients, the United States today would be a post-surgical charge under observation after an ambitious and previously untested transplant operation. Surgeons have grafted a foreign organ — the European welfare state — into the American body. The transplanted organ has thrived — in fact, it has […]

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Inner City Turmoil and Other Crises: My Predictions for 2015

Inner City Turmoil and Other Crises: My Predictions for 2015 If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state. If we do not recognize and resist this development, freedom and prosperity for all Americans will continue to deteriorate. All liberties in America […]

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Ron Paul 2015 Predictions: Inner City Turmoil and Other Crises

Ron Paul 2015 Predictions: Inner City Turmoil and Other Crises If Americans were honest with themselves they would acknowledge that the Republic is no more. We now live in a police state. If we do not recognize and resist this development, freedom and prosperity for all Americans will continue to deteriorate. All liberties in America […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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