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Venn Diagram of the Day

1. Venn Diagram of the Day (above). Inspired by the March 6, 2013 article Salon article titled “Hugo Chavez’s economic miracle” (by David Sirota), here’s a slice: Chavez became the bugaboo of American politics because his full-throated advocacy of socialism and redistributionism at once represented a fundamental critique of neoliberal [...]

Marx, Orwell, And State-Cartel Socialism

Authored by Charles Hugh-Smith via OfTwoMinds blog, When “socialist” states have to impose finance-capital extremes that even exceed the financialization of nominally capitalist economies, it gives the lie to their claims of “socialism.” OK, so our collective eyes start glazing over when we see Marx and Orwell in the subject [...]

Syria, Empire, & The Power Of Signaling

Authored by Charles Hugh-Smith via OfTwoMinds blog, Trying to reduce the carefully choreographed drama to one stage and one audience risks misunderstanding the signal. It seems many media observers are confused by events in Syria and the swirl of competing narratives. Did the Swamp drain Trump? Did the Neocons succeed [...]

The Unavoidable Pension Crisis

Authored by Lance Roberts via, There is a really big crisis coming. Think about it this way. After 8 years and a 230% stock market advance the pension funds of Dallas, Chicago, and Houston are in severe trouble. But it isn’t just these municipalities that are in trouble, but [...]

Indian drugs are often not bioequivalent

Roger Bate Western regulators have found evidence of it, scholars unearthed empirical support for it, but now even the lead lobbyist for its industry admits it; most Indian medicines are not equivalent to the medicines they copy. People walk past a chemist shop at a market in Mumbai, India, June [...]

Why Obama Care Will “Explode” . It Is Being Funded Illegally..!!

This month, Harvard Ph.D. Jerome Corsi of InfoWars (@jerome_corsi) and a CPA “who worked for two years for a major U.S. accounting firm as an outside auditor for Freddie Mac,” confirmed a 2012 scheme hatched by the Obama administration to funnel hundreds of billions in dividends from Government Sponsored Enterprises (GSE) Fannie Mae and Freddie Mac to prop up the [...]

ABC Reports That Retired Teachers In Texas Are Projected To Pay Double Or Triple Their Current Premiums For Healthcare Beginning September 1.

Since 1985, the state has provided healthcare for retired teachers through a plan called TRS Care. As of last year, 261,500 retired teachers, dependents and their surviving spouses, according to the State Comptroller. But in recent years medical costs have risen higher than what the state contributes to TRS Care [...]

US Job Market Not As Strong As Perceived

Despite endless streams of Fed Speakers proclaiming, in one form or another, that “we are at, or close to, full employment;” many in America – judging by the election of President Trump – are not feeling as exuberant as the jobs data implies they should be. The SF Fed itself [...]

Iran confirms: US paid ransom

Foreign and Defense Policy, Middle East, Terrorism Back in September, I testified before the House Financial Services Committee on the allegation that the Obama administration had paid Iran a ransom—at the time it was believed to be $400 million but it was later revealed that the figure was more than [...]

Democrats Pick A Racist To Head DNC:::Perez Doesn’t Think White People Are Protected Under the Voting Rights Act

Democrats Pick A Racist To Head DNC Perez Dropped Voter Intimidation Charges Against Black Panthers Who Brought Weapons to a Polling Place…Perez Doesn’t Think White People Are Protected Under the Voting Rights Act An investigation into the Civil Rights Division by the Department of Justice’s inspector general revealed extreme views [...]

Italy’s Crisis Will Be Worse

Submitted by Daniel Mitchell via The Foundation for Economic Education, Early last month, in a column on my hopes and fears for 2017, I fretted about fiscal chaos in Italy leading to default and bailouts. Simply stated, I fear that Italy, along with certain other “Club Med” nations, has passed [...]

Think You Are Not Brainwashed BY The “Fake News” Media::MSNBC’s Mika Brzezinski the media’s “job” is to “actually control exactly what people think.”

During a lively discussion centered on fears that President Trump is “trying to undermine the media,” MSNBC’s Mika Brzezinski let slip the awesome unspoken truth that the media’s “job” is to “actually control exactly what people think.”   SCARBOROUGH: “Exactly. That is exactly what I hear. What Yamiche said is [...]

Your Fired Yates!!

There is a reason the Constitution vests “the executive power” in a single person, the president. To read it otherwise is to invite the kind of chaos in executing the nation’s laws that the founders were determined to avoid. Ms. Yates’ correct path was to resign, if she felt as [...]