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Tag Archives: On Politics

Writing on the Wall

  Not Adding Up One of the more disagreeable discrepancies of American life in the 21st century is the world according to Washington’s economic bureaus and the world as it actually is.  In short, things don’t add up.  What’s more, the propaganda is so far off the mark, it is downright insulting. Coming down from the mountain with the latest data tablet… [PT] The Bureau of Labor Statistics (BLS) reports an unemployment rate of just 3.7...

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Getting to a Special State of Ugly

  Suspicious Phrases There are certain phrases – like “trust me” or “I got this” – that should immediately provoke one’s suspicion.  When your slippery contractor tells you, “trust me, your kitchen renovation will be done before Christmas,” you should be wary.  There is no way it will be done before late spring. USD-CNH (offshore yuan) exchange rate – the support/resistance level at 7 finally breaks amid escalating trade war rhetoric....

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Do You Hear a Bell Ringing?

  Do You Hear a Bell Ringing? The sun shines brightest across the North American continent as we enter summer’s dog days.  Cold sweet lemonade is the refreshment of choice at ballparks and swimming holes alike.  Many people drink it after cutting the grass, or whenever else a respite from the heat and some thirst quenching satisfaction is needed. Regardless of whether companies were able to “beat estimates” (which as often happens,...

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Realizing the Full Implications of the Forthcoming Catastrophe

  Realizing the Full Implications of the Forthcoming Catastrophe “Facilis descensus Averno.” – Virgil (Publius Vergilius Maro) Delivering Tomorrow’s Curses Roman poet Virgil penned these words in his epic, The Aeneid, roughly a generation before the birth of Jesus of Nazareth.  They can be loosely translated to, “the descent to hell is easy.”  Those who’ve traversed this passage can attest to the veracity of this axiom. Virgil...

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Demonocracy: The Great Human Scourge!

  Demonocracy: The Great Human Scourge! Review: Christophe Buffin de Chosal, The End of Democracy, Translated by Ryan P. Plummer.  Printed in the U.S.A.: Tumblar House, 2017.   Christophe Buffin de Chosal: The End of Democracy. Needless to say, Buffin de Chosal is quite a controversial political philosopher. While this is not the first book trying to demystify modern-day democracy, such critical assessments are rare. One of the...

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Tending Towards Maximum Perversity

    Tending Towards Maximum Perversity According to Finagle’s corollary to Murphy’s law, “Anything that can go wrong, will — at the worst possible moment.”  Taken a degree further, per O’Toole’s corollary of Finagle’s law, and the second law of thermodynamics, “The perversity of the Universe tends towards a maximum.” Murphy’s law in action… not even Murphy himself was safe from it. [PT] No doubt, the perverse effect of central...

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The Four Dimensions of the Fake Money Order

  A Good Story with Minor Imperfections “If you don’t know where you are going, any road will get you there,” is a quote that’s oft misattributed to Lewis Carrol. The fact that there is ambiguity about who is behind this quote on ambiguity seems fitting. For our purposes today, the spirit of the quote is what we are after. We think it may help elucidate the strange and confusing world of fake money in which we all travel. Consumer...

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Independence Day in America Circa 2019

  Freedom and Apple Pie The days are long and hot in the Northern Hemisphere when real American patriots raise the stars and stripes. Today the free and brave, with duty and self-sacrifice, begrudgingly accept federal holiday pay to stand tall upon their own two feet. Rugged individualism and uncompromising independence are essential to their character. Independence day festivities… With purpose and intent, they assemble as merry...

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How Beijing Uses Fake Money to Cannibalize the U.S. Transit Market

  A Distorted Landscape One of the more remarkable achievements of fake money creation is that it distorts and disfigures the world in odd and uncanny ways.  Dow (not quite) 27,000.  Million dollar shacks.  Over $13 trillion in subzero-yielding debt. You name it.  Any and every disfiguration is possible with enough fake money. The global stock of outstanding government bonds with negative yields-to-maturity reaches a new record high of...

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Feeling the Heat of a Civilization on the Downside

  An Epic Folly for the Ages Today we begin with a list.  A partial list.  And in no particular order… Angela Merkel. Donald Tusk. Mario Draghi. Donald Trump. Jerome Powell.  Shinzo Abe.  Haruhiko Kuroda.  Theresa May. Boris Johnson. Mark Carney. Xi Jinping.  Emmanuel Macron.  Vladimir Putin. Justin Trudeau. Juan Trump.  And many, many more… Politicians and bureaucrats of the modern age of statism and central planning… fighting a...

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