Washington policy wizards have discovered a new federal housing outrage: twice as many households could be collecting Section 8 rental subsidies in the nation’s capital if the program was better managed.
I know nobody wants higher oil prices except for the people in the oil industry. Higher oil and energy prices are a very noticeable effect of the Federal Reserve’s inflationary rampage in recent years. Obviously, our government’s choice to initiate a war in the Persian Gulf has made things particularly bad for working-class households. But, with everyone spending more on oil products, forced to consume less, other businesses are crying in economic pain at all the lost business dollars that are missing from their customers too.
According to some commentators, economic bubbles emerge because of inadequate demand and expanded capacity. Many believe that it is the exact opposite with AI—the expanded capacity is not enough to keep up with the demand. Hence, according to this logic, AI is not a bubble.
Trump: “”I think [my immigration policy] might be too tough, yeah.” No word yet from his supporters on what level of chess this is.
Bombing Iran is the ultimate testament to how the Global Political Elite (GPE) relies on American naivety to sustain its ongoing propaganda campaign. Today, I want to point out this propaganda-driven naivety, shared by almost all Americans, blinds them to the incredibly high costs that an attack on Iran would impose on them—and virtually everyone else on Earth. Only a tiny remaining subset of the global population will benefit from this, and they are the very instigators of this conflict in global human relations.
As unpopular as pattern recognition is these days, I can’t help but spot one threaded all throughout political discourse, that’s almost as common as it is damaging. Commentators—pro and amateur alike—“deliberate” to the point of screaming, coming to blows, ending friendships, dismissing entire demographics as potential friends, becoming estranged from family members, and so on.
It was the Morgans and Rockefellers of Wall Street who turned to government to cage their banking competition, especially the growing challenge from non-national banks in the South and West, and came up with a plan for a central bank. It was the big bankers who took the lead in creating a system that would protect them from the hazards of bank counterfeiting and make them a monopoly issuer of bank notes. After the Act became law, it was Morgan bankers who occupied the seats of power in the new system, particularly at the Fed’s New York branch where Benjamin Strong—president of J. P.
