Power & Market
Virginia Is Only the Beginning
To a certain degree, the showdown in Virginia is really only superficially about guns. It represents the valid anxiety that has arisen as the state’s rural population finds itself increasingly powerless in the face of the rapidly expanding political power wielded by high population centers.
January 20, 2020: Three Links, Three Tweets
Three Links
While we’re assured by the financial press that the Fed is full of Very Serious People, it’s alarming how clueless
Could Trump’s Next Fed Chair Be A “Goldbug?”
This week, Donald Trump formally nominated Judy Shelton and Christopher Waller for vacant governorships on the Federal Reserve.
US to Iraq: “Vote All You Want; We’re Not Leaving!”
President Trump’s decision earlier this month to assassinate Iran’s top military general on Iraqi soil — over the objection of the Iraqi government
A Lawless Political Assassination
Can the president legally kill a person not engaged in an act of violence because of what the person might do in the future? In a word: no.
How the US Wages War to Prop up the Dollar
After decades of Cold War spending, the US had to find a way to keep its massive war budgets and domestic spending going without ruining the dollar. Controlling the flow of dollars spent on oil turned out to be a fix.
Oil Prices Surge, but That’s Fine for Some US Interest Groups
If oil prices remain at a sustained high due to a war with Iran, it would mean a higher cost of living for most Americans, but it could help certain regions and populations within the US, such as oil-producing states like Texas and Oklahoma.
War Has Become Another Frivolous Partisan Issue
The NPC-like script in responding to the attacks has been so on the nose that Vice President Mike Pence even tried to tie Soleimani to September 11 in a move that must have made Trump's attorney and frequent gaffe machine, Rudy Giuliani, proud.
Draft Concerns Crashed the Selective Service Site
Should a draft be enacted, objecting individuals will face the prospect of becoming slaves to what they sincerely perceive to be a criminal enterprise, and thereby helping with their own labor to commit crimes against their own will.