Tag Archives: Austrian economics

State Fundamentalism

True, the idea came to me after having read many of Paul Krugman's missives, both his columns in The New York Times and essays in such magazines as The New York Review of Books. In his often very polemical writings – for a Nobel Laureate he d… Continue reading

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Oliver Stone, Central Banking Apologist

This new Oliver Stone financial film, "Money Never Sleeps," (a follow to his big 1980's hit "Wall Street") is notable for what it leaves out. Even with immense pressure on the Federal Reserve from a variety of sources, O… Continue reading

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Remobilize Gold to Save the World Economy

An open letter to Paul Volcker, Chairman of the Board of Governors of the Federal Reserve, 1979-1987; Chairman of President Obama's Economic Recovery Advisory Board, presented to him, in person, last year. Dear Paul: In 35 years our paths have cros… Continue reading

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Sounds of EU Squawking

We have puzzled some readers with our insistence that EU austerity was another fear-based promotion of the power elite, but in this article we will seek once again to why the elite has attempted to enforce austerity and why it is failing. Anyone, in ou… Continue reading

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Big Science Shrinks?

While we have written numerous articles on the bureaucracy of big science and its varying incompetences, we have neglected to point out the impact that the unrolling financial crisis is having on what the Register (see above article excerpt) ca… Continue reading

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Politicians' Criminal Minds

In our time, not entirely unlike in others, the main appeal politicians hold out for millions is that they join them in their resentful bashing of the rich. This is a successful ploy because in the past, of course, most riches came from conquest, from … Continue reading

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No Way Could I Support Republicans

At times I have the impression that maybe there are practicing political allies out there somewhere, ones who are involved with current affairs, and at times it looks like these would be Republicans and especially conservative ones. That's because … Continue reading

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Fracturing of Global Sports

Just yesterday, we wrote about NFL quarterback Michael Vick who ran a violent dog-fighting ring and who, years after the offenses, remained something of a sports pariah from a reporting standpoint. We pointed out that the sports-writing community in pa… Continue reading

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How Globalism Emerges – in a Rush

The power elite used to move along the waters of the world like a majestic supertanker with plenty of time to take evasive action when an obstacle was sighted. These days it races along like nuclear-powered destroyer. An additional dominant social them… Continue reading

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Are Consumers Finally Winning in Washington?

This past week the administration announced its choice for the first credit czar at the new Consumer Financial Protection Bureau. This bureau was created as part of the supposed Wall Street reform bill recently passed by Congress. This new bureau, whic… Continue reading

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