Friday, December 13, 2019

Paul Volcker: The Last of His Kind

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by Jim Rickards, Daily Reckoning:

One of the most important figures in the history of U.S. monetary policy, Paul Volcker, died Sunday at the age of 92.

Volcker is famous for having raised interest rates all the way to 20% in June 1981, the highest rates since the Civil War.

His actions are widely credited for ending the great inflation of the 1970s and setting the stage for the Reagan economy of the ’80s (although his sky-high rates nearly sank the economy at first).

Trump Now Beating All Democrats In Three Key Battleground States

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by Alicia Luke, Freedom OutPost:

President Trump is beating all Democratic primary frontrunners in three key battleground states thanks to the ongoing impeachment inquiry, according to a new poll.

The latest survey by Republican public affairs firm Firehouse Strategies and Optimus puts the commander-in-chief ahead of his would-be Democratic challengers by significant margins with likely voters in Michigan, Pennsylvania, and Wisconsin.

Americans Are Lonely, Miserable And Depressed – The Legacy Of A Society That Has Rejected Family, Faith And Patriotism

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by Michael Snyder, The Economic Collapse Blog:

What in the world has happened to us?  Once upon a time, America was made up of tightly-knit communities that were united by family, faith and patriotism, but now we are more isolated than ever before.  Of course one of the biggest reasons for this is the fact that we are all spending countless hours staring at screens instead of interacting with real people, and this is something that I covered in a previous article.  However, our fundamental beliefs are also significantly shaping how we behave.  For the past couple of generations, we have de-emphasized family, faith and patriotism as a nation, and instead we have become an extremely “me-centered” society that is primarily focused on doing whatever makes ourselves happy in the moment.  But this single-minded pursuit of individual happiness has resulted in much of the country being perpetually mired in loneliness, depression and/or addiction.

A MASSIVE 3 TONNE GOLD QUEUE JUMP AT THE GOLD COMEX

by Harvey Organ, Harvey Organ Blog:

SILVER UP 3 CENTS TO $16.66//A MASSIVE 3 TONNE GOLD QUEUE JUMP AT THE GOLD COMEX AS THE BANKERS NEED TO PUT A MASSIVE FIRE SOMEWHERE//ROCKETS LAND IN BAGHDAD AIRPORT AS IRAN IS AIMING AT AMERICANS: TRUMP TO SEND IN MORE TROOPS//MORE DETAILS ON THE HOROWITZ REPORT//MORE SWAMP STORIES FOR YOU TONIGHT

A GIANT FLOATING MACHINE IS NOW CLEANING UP THE GREAT PACIFIC GARBAGE PATCH

from The Waking Times:

In a historical first, a massive floating device designed by conservationists to clean up plastic from the ocean has successfully collected trash from the Great Pacific Garbage Patch.

The machine, which was invented by 25-year-old Dutch inventor and engineer Boyan Slat, consists of a huge line of cork floats holding a huge skirt that traps the garbage below.

Hungarian PM Says Only Solution to World’s Problems Is Return to Christianity (Orban)

from Russia Insider:

Hungary’s prime minister believes that the Christians, who are being protected from persecution today, may rise and save Europe tomorrow.

Hungarian PM Victor Orbán gave a powerful speech in Budapest during the Second International Conference on Christian Persecution.

Congress is Trump’s Co-Conspirator Against Liberty

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by Ron Paul, Ron Paul Institute:

Imagine that President Trump spent his phone call with the Ukrainian president threatening to withhold military aid unless the Ukrainian government agreed to use the money to purchase weapons from a US manufacturer. Does anyone seriously think that foreign service professionals and deep state operatives would be so shocked and offended by Trump’s request that they would launch efforts to impeach him? Would Congress view this as “high crimes and misdemeanors” or applaud Trump for carrying out one of modern presidents’ supposedly most important jobs — acting as salesmen for the American military-industrial complex?

Climatologist Dr. Tim Ball Sets the Record Straight on the Deliberate Deception to Demonize CO2

by Dr. Tim Ball, Humans Are Free:

Many years ago, I compared the claim that human CO2 was causing global warming was analogous to determining what was causing your car to falter.

To simplify the analysis, you decided to not look at the engine, the transmission, the gearbox, the drive shaft, the differential, the axle, and the wheel, to focus attention on one portion of the thread of one bolt of one nut on the right rear wheel.

Figure 1 is a systems diagram of the atmosphere and atmospheric processes.

Former Fed Chairman Paul Volcker Passes Away at 92

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by Bob Adelmann, The New American:

Upon receiving news of the passing of the 12th chairman of the Federal Reserve, Paul Volcker (shown, center), on Saturday at age 92, current Fed chairman Jerome Powell lamented that Volcker had left “a lasting legacy,” and Robert Samuelson, writing for the Washington Post, said, “We owe much to Paul Volcker.”

It is certain that they meant these encomiums to be terms of endearment, honoring an individual who accomplished much during his seven decades of public service. However, a closer look at Volcker’s accomplishments reveals a lasting legacy of turning over national sovereignty to an international banker-controlled central bank, with no constraints on its ability to manipulate the U.S. economy.

Keiser Report: Daylight Robbery (E1473)

from RT:

In the second half, Max interviews Dominic Frisby about the history of taxes as outlined in his new book, DAYLIGHT ROBBERY. They discuss the history of taxation; from Mesopotamia to modern day France and the Yellow Vest movement. They also look at having a land value tax instead of income tax, which Frisby suggests is the worst of all options.