The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
Source Tip of the Hat to Winslow Wheeler Phi Beta Iota: Across most if not all US Cabinet budget categories, it has been established by multiple independent audits that roughly 50% of every dollar in federal spending is fraud, waste, or abuse. This is as true of agriculture-food and energy as it is of defense …
Continue reading “Graphic: US Defense Outlays vs All Others”
One of the great economic myths is that markets are rational. Not a day passes without this myth being disproved scores of times, but the myth persists. For example, today (March 14) Bank of America/Merrill Lynch reported that “yesterday US markets started the day off with a strong rally after the solid retail sales report. …
Continue reading “Paul Craig Roberts: Both Market & Government Irrational”
The Koch Brothers, The Cato Institute, And Why Nations Fail Simon Johnson, Baseline Scenario, 8 March 2012 A dispute has broken out between the Cato Institute, a leading libertarian think tank, and two of its longtime backers – David and Charles Koch. The institute is not the usual form of nonprofit but actually a company with …
Continue reading “Chuck Spinney: Koch Brothers, Cato, Why Nations Fail”
Is Germany About to Start a Run on Gold Held at the New York Fed? Economic Policy Journal, 8 March 2012 German lawmakers are to review Bundesbank controls of and management of Germany’s gold reserves. Parliament’s Budget Committee will assess how the central bank manages its inventory of Germany’s gold bullion bars that are believed …
Continue reading “Mini-Me: Is Germany About to Start a Run on Gold Held at the New York Fed?”
Robert, I have given up on the U.S. Intelligence Community; it simply reflects the fact that the U.S. Federal Government and the Political System that it is based on are devoid of both common sense and integrity at all levels. The coruption has undermined our entire National Security Establishment. Clapper’s departure (if valid) is just …
A Final Word on Drones and Reaper (doc 20 pages) A Final Word on Drones and Reaper Last week I distributed a five part series on drones, specifically the MQ-9 Reaper. It was published at Time Magazine’s Battleland blog. This last message on the series distributes each of the five parts and the entire paper as …
When War is Promoted as a Remedy for Terror by Anthony J. Hall The You Tube of my San Francisco presentation on the tenth anniversary of 9/11 is being presented to the public here for the first time in early March of 2012. Anthony J. Hall is Professor of Globalization Studies. His recent book, Earth …
Continue reading “Anthony Hall: When War is a Remedy for Terror?”
