Llewellyn H. Rockwell Jr.'s Blog, page 160

Too Obvious To See?

“The $16 trillion in secret bailout loans made by the Fed that the GAO had located in 2011 was only the tip of the iceberg. When the Levy Economics Institute added in other Fed bailout programs that the GAO had not included, the actual tally came to $29 trillion.

“While the Fed was secretly conducting the most unprecedented bailout of Wall Street banks in history from December 2007 through at least the middle of 2010, millions of Americans were struggling to make the mortgage payment on their ho...

Bosnian Serb leader sentenced to prison

Thanks, Rick Rozoff.

More housecleaning before launching European war.

 

The post Bosnian Serb leader sentenced to prison appeared first on LewRockwell.

Robert Taft and Ron Paul

Speech on the North Atlantic Treaty, by Sen. Robert A. Taft (R-OH)

Senator Robert Taft was son of President/Chief Justice of the United States William Howard Taft. He was Known as “Mr. Republican,” and was leader of the post-WWI and WWII non-interventionist populist foreign and domestic policy opposition to FDR’s New Deal and Harry Truman’s Fair Deal. They were consistently non-interventionist and opposed entering World War II, a position exemplified by the America First Committee. Later, most o...

The Dog Probably Ate It

Turns out new Attorney General Pam Bondi was a little off the mark earlier this week when she said the Jeffrey Epstein files were sitting on her desk. Actually, it was a six-hundred-pound tar-smeared hairball with a gift tag that read: “To Pamela Jo from her Friends in Blobville, good luck untangling this!” Well, she did tell Fox News host Jesse Waters that the thing sitting on her desk was “disgusting.”

As promised, those Epstein files were released on Thursday — a measly two-hundred pages — to...

World War III Is Still on the Table: Europe Wants Boots on the Ground in Ukraine

In the lead up to the 2024 presidential elections in the US the Biden Administration in collusion with UK, European and Ukrainian partners devised a plan to “Trump Proof” the war in Ukraine. In other words, they openly admitted that they wanted to prevent Trump from taking any actions that might force an end to the war and render a serious peace agreement.

Part of that plan included the expanded use of long range guided missiles supplied by western governments. These missiles require flight data...

The Worst Market Intervention of All Time

An inhabitant of Berlin, who in 1914 would have been jubilant upon receiving an unexpected legacy of 1,000 marks, did not think an amount of 1,000,000,000 marks worth his attention in the fall of 1923. — Ludwig von Mises, Interventionism, An Economic Analysis

World War I could be said to have produced the incredible destruction of the mark, but guns didn’t fire upon the German currency.  Like the currencies of other belligerents the mark was switched from a gold to a fiat currency to provide the...

A Trump-Putin Accord?

Why is it that American liberal Democrats and Europeans are so disturbed that Trump is moving the United States toward normal relations with Russia instead of maintaining a hostile approach to Russia based on proxy wars, sanctions, and endless propaganda?  We know why the think tanks and university faculties supported by the military/security complex are upset–their incomes are at stake.  But why the Democrats and Europeans?  The answer will have to wait until another occasion.  This column addr...

Engineered Collapse of the Middle Class

The writing is on the wall and the elites are conducting a last-ditch operation to take it all.

Historically, the expansion of the middle class was supported by the balance of power between capital owners and labor. When labor was scarce – such as after the Black Death – the average citizen was able to negotiate better working conditions and pay.

More recently, cheap and abundant energy created an economic surplus that could support policies strengthening the middle class. However, as energy – a...

The Coming Trumpian Pope

A meme is making the rounds: a bull in a china shop has destroyed every plate, saucer, and cup. We are asked, “Is this what you voted for?” As a matter of fact, it is.

It is also what I voted for in 2016. The problem in 2016 was that politicized Democrat Deep Staters in the FBI, DOJ, military, CIA, federal judiciary, and Congress were in that china shop and illegally prevented the bull from doing his work. And they were cheered on by a thoroughly corrupted gutter press.

This time around, however...

The Kennedy Effect on Food

It’s been just over two weeks since Robert F. Kennedy Jr. took the helm at the Department of Health and Human Services (HHS), and already some companies are adopting policy recommendations aligned with the MAHA agenda.

In what might be the biggest shift yet, the CEO of Chicago-based Mondelez International, Dirk van de Put, announced the food conglomerate would begin to use European recipes for its U.S. based products. Mondelez is one of the largest snack companies in the world,producing popular ...