Thursday, August 13, 2020

(Government) Spending is Theft

by Ron Paul, Ron Paul Institute:

Imagine being robbed every time you receive a paycheck, but once a year getting some of the stolen money back because the thieves took more than they intended. Would you be happy about it? If you are like most Americans the answer is yes, since most people are grateful when they get a partial “refund” of the taxes the government withheld from their paychecks. A tax refund means more taxes were taken out of your paycheck than you legally owed — in other words, thanks to withholding you gave the government a no-interest loan.

Gold: Seasonality Bearish, Futures Turning Bullish

by John Rubino, Dollar Collapse:

Early 2019 looked like a great set-up for gold, but failed to live up to its billing. A nice December-through-March run took the price back to the $1,350 resistance that had repelled it four times in the past five years. And that was that. No penetration and fast spike into the $1,500s. Just another failed attempt.

The Trump Administration’s Iran Policy Will Hasten Imperial Decline

by Michael Krieger, Liberty Blitzkrieg:

There was a postwar order, but was it liberal?  Like most political orders, it looked much better on paper than it did in practice and to the core members of the order than those on the margins…

Liberal values were only remotely attached to the postwar institutions.  Sovereign equality did not translate into a liberal world order.  The postwar institutions were run by the most powerful countries, with middle and lesser powers either shunted to the back of the room or locked out altogether…Third World now comprised most of the world’s states, but it was on the outside looking in.  Western states enjoyed democracy and the rule of law, but the U.S. and the former colonial masters undermined rather than supported democracy and human rights elsewhere. Some Western states and analysts presumed that the global order must have some legitimacy because there were no great (or at least successful) revolts by the Third World, but they mistook coercion and the lack of alternative for consent…

Just released: Social Security earned a pitiful 2.8% on your money last year

by Simon Black, Sovereign Man:

Hot off the presses: The Board of Trustees for the Social Security and Medicare programs in the United States just released their annual report a few minutes ago.

And if you want to read all of its gory detail, check it out for yourself here.

Both of these programs are massively and terminally underfunded. And not by a little bit.

The Board of Trustees itself calculates Social Security’s long-term shortfall at a mind boggling $43+ TRILLION.

Journalists Were Charged With 15 Felonies For Exposing Planned Parenthood In Undercover Videos. Here’s The Latest.

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by Amanda Prestigiacomo, Daily Wire:

On Friday, the California Supreme Court issued a stay in the case against journalists David Daleiden and Sandra Merritt based on “political bias and selective prosecution.”

Attorneys from the Thomas More Society, which is representing the journalists, “learned that the California Supreme Court issued a stay for The People of the State of California v. David Robert Daleiden and Sandra Susan Merritt,” a statement from TC Public Relations’ Thomas Ciesielka said. “The court hearing that was to start today has been suspended until further notice from the California Supreme Court.”

“It Should Be Illegal”: Use of Facial Recognition at Airports Draws Anger

by Eoin Higgins, Activist Post:

A boarding technology for travelers using JetBlue is causing controversy due to a social media thread on the airline’s use of facial recognition.

Last week, traveler MacKenzie Fegan described her experience with the biometric technology in a social media post that got the attention of JetBlue’s official Twitter account.

With Interest Rates Of Negative .75, Swiss National Bank Ready To Go Even Lower If Necessary

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from Silver Doctors:

“We always have the possibility of lowering rates further. We have already gone quite far, but still we’ve got the necessary room to maneuver,”

by Chris Powell of the Gold Anti-Trust Action Committee (GATA)

Swiss Rates Can Be Lowered Further, SNB’s President Says

By Catherine Bosley
Bloomberg News
Saturday, April 20, 2019

The Swiss National Bank can lower its subzero interest rates even further, President Thomas Jordan told newspaper Blick.

If a Tree Falls in a Forest…

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by Jeff Thomas, International Man:

In the late eighteenth century, Bishop George Berkeley posed the question,

“If a tree falls in a forest and no one is there to hear it, does it make a sound?”

Since that time, generations of university philosophy professors have required their students to consider the question. Countless classroom time has been taken up in pondering it. In many cases, students would be required to write a report containing their answer and they might even be graded on it.

Wiki-Gate: Julian Assange Was Framed by the People Who Supported Him

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by Prof Michel Chossudovsky, New Eastern Outlook:

Julian Assange’s arrest (after almost seven years in the Ecuadorian Embassy) constitutes a hideous and illegal act. He is imprisoned in Britain’s Belmarsh maximum security prison, pending his extradition to the United States. 

Statements by US prosecutors suggest that Assange would not be charged under the 1917 Espionage Act. What is contemplated are accusations of conspiring “to commit unlawful computer intrusion based on his alleged agreement to try to help Ms. Manning break an encoded portion of passcode that would have permitted her to log on to a classified military network under another user’s identity.” (NYT, April 11, 2019).