Ten Economic Questions for 2025
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Here is a review of the Ten Economic Questions for 2024.
Below are my ten questions for 2025 (I've been doing this online every year
for 20 years!). These...
Rockefeller’s Legacy for The New American System
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This post Rockefeller’s Legacy for The New American System appeared first
on Daily Reckoning.
A scoundrel or a hero?
The post Rockefeller’s Legacy for T...
MiB: Dana Mattioli on Amazon’s Everything War
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This week, we speak with Dana Mattioli, who as Senior Enterprise
Technology Reporter for the Wall Street Journal covers Amazon. Her
investigations ...
The Only Jew in the Room
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After 24 years in the Israel Defense Forces, much of it focused on the West
Bank and Gaza, Lt. Col. (ret.) Avi Shalev, a Jew, made the unique decision
in h...
Understanding the Modern Monetary System – Updated!
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It’s been over 10 years since I published Understanding the Modern Monetary
System, one of the most widely read papers in the SSRN research database. I
pub...
A Few Quick Announcements
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By James As I wrote a couple of years ago, I don’t post here anymore. I
just have a couple of updates for people who subscribe and may be
interested in my ...
Putin’s ‘Winter War’ on Ukraine
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[image: Putin's 'Winter War' on Ukraine By Patrick Buchanan]In the final
days of this lame-duck Congress, before control of the House passes to
Republicans...
FTX and an old blog post
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A long time ago I wrote a blog post about rehypothecation with brokers. It
is - unsurprisingly - relevant again.
In some sense crypto provides fast-track...
Blog Post Title
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What goes into a blog post? Helpful, industry-specific content that: 1)
gives readers a useful takeaway, and 2) shows you’re an industry expert.
Use your...
Goodbye to Credit Writedowns
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Good morning everyone, I have some exciting — and also – sad news to tell
you today. First, I am going to Bloomberg as a Senior Editor. And I am
going to...
The Covid-19 Dominoes Fall: The World Is Insolvent
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To understand why the financial dominoes toppled by the Covid-19 pandemic
lead to global insolvency, let’s start with a household example. The point
of thi...
New Hedge Fund Newsletter Just Released
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The new Q4 issue of our hedge fund newsletter is now available. It reveals
the latest portfolios of 25 top hedge funds and also features summaries of
2 st...
The gulag that France has become
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*Here’s a powerful article from Robert Spencer, posted at Front Page
Magazine, that will, more than any other article I’ve read lately, provide
you with...
Do Higher Wages Mean Higher Standards of Living?
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Editor's note: We have updated macroblog's location on our website,
although archival posts will remain at their original location. Readers who
use RSS sho...
Happy New Year!
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2020 Year of ________? You'll have to go to the Speakeasy to read the New
Year's post, but here I'm giving you a twofer. The first was posted at the
Speake...
Big D Has Your Rivalries Right Here
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Editor's Note--Well that wasn't how we like it last week. 2-4. But this
week is rivalry week in the college where you throw out the records and
teams play ...
What’s the best type of healthcare system?
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If we’re going to improve our healthcare system, it’s worth looking closely
at the experiences of other rich democratic countries. There are two
principal ...
French Rescue Four Hostages Lose Two Soldiers
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Viva Liberty! French commandos rescued four foreign hostages including two
French citizens from a militant group in Burkina Faso, France's military
said on...
Gisellian demurrage currency
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Dr. Keen, I am wondering if you have ever seriously considered issuance of
Gisellian currency for countries facing unplayable debt (all of them, as
far as ...
The Foremost Problem Is Moving to Stormfront
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Good news. This blog is moving to Stormfront. The transition might take
several months. Current content will remain in place for historical
purposes for as...
Memories of a Friend
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It’s been 1 year since Oscar died, and I’ve been reluctant to write an
obituary for him because I didn’t think I could put into […]
The post Memories of ...
Daily Readings 01-27-2019
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IS BIG TECH MERGING WITH BIG BROTHER? KINDA LOOKS LIKE IT A FRIEND OF mine,
who runs a large television production company in the car-mad city of Los
Angel...
Since the U. S Knew Syria Had Chemical Weapons
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And since the U. S. knew where the chemical weapons were being made
And since the U. S. knew where the chemical weapons were being stored
*Why didn't the U...
The Market Ticker - The Pattern of The Market
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*Looks awfully similar to 2008.*
*Rotation back and forth, with most of the gains coming in a handful of big
names with big stories -- but no earnings to...
An inside peek at Silicon Valley for media leaders
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In recent years, I have conducted media-and-technology study tours in New
York, London and Silicon Valley for high-level publishing executives. This
year, ...
The End is Nigh
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Dear Reader,
It is over five years since I wrote the last published piece for this blog.
A lot has happened during that time: the unprecedented rioting in ...
New Book from John Weeks!
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My colleague John Weeks has just published a very relevant book laying bare
the logical and practical problems with economic policies informed by
mainstrea...
Gold Stocks - All Perspective Has Been Lost
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Many recent published commentaries appear to have lost perspective on the
now much-hated Gold stock sector. The fact of the matter is that,
technically, t...
Feeling sorry for the rats.
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'*What's in the box*?'
-David Mills, Se7en
'*And the eye-in the-sky is watching us all.*'
-Ace Rothstein, Casino
'*To be modern only means to fill new f...
Twitter Digest: 2013-06-09
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Given that I block NSA & PRISM tweets, was entertaining tuning into twitter
& trying to figure why everyone was on about Lord Snowdon -> Turned on GoT
toni...
College Graduates Are The New Debt Slaves
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With the average cost of attending college in America at $120,000, a family
of four should expect their children’s college to cost more than a home.
Yet...
Gates of Vienna Has Moved
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[image: Time to go!]After being taken down twice by Blogger within a single
week, we got the message:
*It’s Time To Go.*
Gates of Vienna has moved to...
Marc Faber: Germany Should Have Left The Euro
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On Bloomberg:
Remember: nothing has been fixed...
“If you put one or 100 sick banks in a union, it does not change the fact
that they're sick. In my vi...
Moved Over
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I’ve been blogging away over at my new blog at Next New Deal, come join me
over there! Here’s the new rss feed. I might post here once in a great
while, m...
The Automatic Earth on the move
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Purchase our new 2014 set of video downloads at TheAutomaticEarth.com At
around 6 PM EST, Sunday, February 5, 2012, The Automatic Earth has moved to
its ne...
Occupy Wall Street - Marine vs 30 Cops
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Speaking of the police. Here is a link to a video of a soldier - in uniform
- protesting the treatment of demonstrators by the police.
http://perezhilton....
We've Moved!
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If you're reading this, it means you've been following the
http://georgewashington2.blogspot.com address. We switched over to
WordPress, and from now on...
The Inchoate Rage Beneath our Global Cities
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“London’s riots prompted commentators on the right to blame hooliganism,
while those on the left cited frustrations with the UK’s faltering economy
and fis...
Natural History of Fire & Flood Cycles
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In reference to the analogies presented in my previous article, please have
a look at this article: Natural History of Fire & Flood Cycles While
reading it...
Why non-profit execs are not paid too much
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Anger over executive salaries is fast turning into a witch hunt. We’ve no
longer just down on financiers, but also on state employees, on teachers,
on just...
1930s Vs Today: Lots To Worry About
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I have written an article about the similarities between now and the great
depression, which I will post at a later date. However, for now, I just
noticed ...
A devoted student of why nations and empires succeed or fail. In general, I believe in the following:
Sparta - not Athens;
Strength over Weakness;
National Competition and Supremacy in a dangerous world;
The last post on Immigration brought me more e-mails and comments than almost anything else I've written.
Obviously, the failure of the present Administration to both secure the border and deal with the estimated twelve to twenty million illegal immigrants presently in the country has touched a raw nerve in this country.
And what are we doing about it?
With the brilliant exception of Arizona, we've decided to do nothing, except turn a blind eye to the wholesale violation of the border and murmur kind words about the necessity of treating those already here illegally "humanely".
Translation: The elites have decided. It is best to maintain "open borders" - so we have the "right" sort of labor force, and of course, since we can't deport ten to twenty million people who have broken our laws, the only thing we can do rationally is forgive them ... declare amnesty.
Here's faux-conservative Charles Krauthammer on the subject:
And why Arizona? It's Ground Zero for the "Silent Invasion" ; the uncontrolled flow of illegals into this country.
See the video below:
Illegal immigration is no longer a minor "labor" problem. Add in the drug-fueled all-out insurgency now happening in Mexico and the steady stream of migrants could become an unstoppable human wave.
This isn't a "civil rights" issue, as some apologists for illegal immigration want us to believe. Rather, this is an existential threat to the territorial integrity of the United States, and needs to be treated as such.
To cure the problem. we have to deal with two threats: first, the migrant flow at the border, and second, the "fifth column" of activists and apologists for illegals in the media, in Congress, in academia, and yes, in the business community.
If illegal immigration is brought under control, there will be both winners and losers. The losers will include the Democrat party, who will lose the electoral advantage of another bloc-voting minority group. The losers will include those sectors of the business community, most notably agriculture, residential construction, and hospitality, who have become immigrant-dependent. And the losers will also include the proponents of "racial identity politics", who have become extremely powerful in the media, in Congress, and in academia.
But the winners will include the Republican party and the "Silent Majority" of Americans who pay the taxes and foot the bill for the continuing failure at the border. And if recent events are any indication, the "Silent Majority" is remaining silent no longer.
Arizona Governor Jan Brewer's support has increased since she signed the immigration law. And former Rep. J.D. Hayworth, challenging incumbent amnesty-supporter Sen. John McCain in the Arizona Republican primary, has seen his poll numbers jump since the bill was signed. And Sarah Palin has found both her voice and her footing with her calls for a secure border and no amnesty, drawing huge crowds in a joint appearance with Gov. Brewer.
On immigration, as on health care, financial reform, taxes, and spending, institutional Washington and its apologists in the media just don't seem to get it.
But, in November, when it appears likely that many of them will be swept from office, our governing classes just might start paying attention.
I am no fan of illegal immigration whatsoever, living for many years in a border state for years will prove that. Especially living in an indebted coastal border state the problem is worse than ever. The only real solution to illegal immigration is one that cracks down on businesses and those with right-wing ideas about wage slavery and cheap labor. To be fair, a solution that isn't race-based (doesn't crack down on Hispanics) should be coupled with a serious hardened fence, military deployed on the border for 10 years minimum with a massive increase in civilian border agency manpower guarding the border. To complete the solution to illegal immigration is one that declares hardcore zero tolerance for illegal aliens committing felonies, violent crime, and engaging in gang activity.
However, that said, no solution will be tolerable if the solution lets Republicans win by defeating Democrats. To me, morally, it is like letting the Nazis back into power.
To be perfectly honest, if the Diebold machines are set to Democrat and the politicians do whatever is most politically convenient concerning immigration (most likely DO NOTHING) I really couldn't care less. I would like immigration to be solved sans amnesty but most of those solutions are toxic to the Dems chances in November. That is a poison pill we can't swallow.
I am no fan of illegal immigration whatsoever, living for many years in a border state for years will prove that. Especially living in an indebted coastal border state the problem is worse than ever. The only real solution to illegal immigration is one that cracks down on businesses and those with right-wing ideas about wage slavery and cheap labor. To be fair, a solution that isn't race-based (doesn't crack down on Hispanics) should be coupled with a serious hardened fence, military deployed on the border for 10 years minimum with a massive increase in civilian border agency manpower guarding the border. To complete the solution to illegal immigration is one that declares hardcore zero tolerance for illegal aliens committing felonies, violent crime, and engaging in gang activity.
ReplyDeleteHowever, that said, no solution will be tolerable if the solution lets Republicans win by defeating Democrats. To me, morally, it is like letting the Nazis back into power.
To be perfectly honest, if the Diebold machines are set to Democrat and the politicians do whatever is most politically convenient concerning immigration (most likely DO NOTHING) I really couldn't care less. I would like immigration to be solved sans amnesty but most of those solutions are toxic to the Dems chances in November. That is a poison pill we can't swallow.