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Constitutional Neglect

Politicians Exploit Genuine Patriotic Emotions

After watching a great patriotic speech by Ronald Reagan, one cannot help but think of the hypocrisy of modern-day politicians. The sacrifices made by veterans during the great wars continue to be exploited to drum up support for illegitimate, undeclared wars.  Pretending to honor the sacrifices of those who served with honorable intentions, …

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Constitutional Neglect

Is a Crash Inevitable?

Since many others have the same question, I highly recommend you read Armstrong’s answer. There should be little doubt that the US will not be sheltered from the sovereign debt crisis that has only started to rear its ugly head, first in the PIIGS and is now moving on to the more indebted emerging …

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Constitutional Neglect

If Bundy is Ignorant, then O’Reilly & Beck are Spittoons

It’s not only the govt that’s scared and getting desperate. Their suckling’s in the so-called conservative and libertarian media are also showing their true colors. The latest tactic by the establishment media, that will sell their soul at the drop of a dollar, is to smear Clivan Bundy in an attempt …

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Political Economy

The Two Most Dangerous Ideas

I suppose it is a sign of our times that an another academic economist, with no practical experience, can rise to No.1 on Amazon’s list of Best Selling Books, by lecturing the workers of the world that if they only gave more money to govt, their lives would be so much better. However, …

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Economics

Bundy Ranch – What You’re Not Being Told

It’s always the same, follow the money – http://scgnews.com/bundy-ranch-what-youre-not-being-told

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Constitutional Neglect

SEC, IRS, NSA Abuses, and Civil Unrest – It’s All Related

It’s quite surreal to watch events unfold in slow motion, and frustrating to know there is little you can do about it. If you’ve ever witnessed a horrific event that you could see coming before it occurred, then you know the feeling. This weekend saw a peaceful, but likely, temporary end to the conflict …

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Economics

It’s not Bankruptcy, it’s an Exorcism

In an informative presentation by Elizabeth Warren in 2008, before the American standard of living truly got hammered, she discussed how children are now growing up in more households that filed for bankruptcy than divorce. The real sin is that people feel more ashamed of bankruptcy than divorce. It should be the exact opposite. Since many …

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Constitutional Neglect

Running out of Conspiracy Theories

First, they conspired to rig the municipal bond market, then the mortgage securitization market, then LIBOR, then the stock market, and now the 12 largest banks have been sued by Public Retirement Funds for “Conspiring To Rig Global FX Markets (currencies)”. It would appear that we are running out of conspiracy theories …

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Economics

Where is the Stock Market Headed?

The list of looming black swans and immediate issues continues to grow as markets advance. This fearless market will not crash into the “wall of worry” until the bears, “justifiably” cautious and concerned about the unprosecuted fraud and unsustainable debt, finally capitulate and jump into the cesspool. The bearish brokers and analysts who …

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Political Economy

So Much for Campaign Finance Reform

Today, caps on total campaign giving were voided by the Supreme Court. When combined with the Citizens United case, that ruled Corporations and Unions are people, we are guaranteed to get the worst candidates money can buy.

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