Llewellyn H. Rockwell Jr.'s Blog, page 2139

Economic Crazies

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Some of the best issues of my email newsletter (which you can subscribe to while also getting my free eBook Your Facebook Friends Are Wrong About Health Care at the same time) are my responses to crazy people.

Today’s peek into the ol’ mailbag yields some correspondence from a fellow who isn’t crazy, but who thought “the financial crisis was caused by deregulation” might be an argument I hadn’t heard before.

He sent me a number of such emails, so I’ll have plenty o...

The Anti-Trump Coup

Former economic advisor Gary Cohn swipes notes that President Trump made from his desk and gives them to reporter Bob Woodward of Watergate fame that Woodward then uses to promote his new book entitled FEAR.

Former Director of Communications Omarosa Manigault Newman is said to have audio taped every conversation she had in the White House and without substantiation claims The Donald used the “N” word and has more video tapes and emails too.  She is on a nationwide tour to tout her new book wi...

Over Half the US Has Now Been Hit by a Drought

The worst drought in years in the western half of the United States has sparked hundreds of wildfires, has crippled thousands of farms, and has produced what could ultimately be the worst water crisis in modern American history.  As you will see below, Lake Powell and Lake Mead have both dropped to dangerously low levels, and officials are warning that we may soon be looking at a substantial shortfall which would require rationing.  Unfortunately, many in the eastern half of the country don’...

The Dark Years Are Here

Hindsight is the most exact of all sciences. Most people who live their life backwards have a miserable life. Having been around for a while, I tend not to look back, especially not at negative events. Much better to embrace uncertainty since everything going forward from here is uncertain. We can’t do anything about the past but we certainly have more control over our future. And looking at the next few years, it does seem that these are going to be extremely turbulent both economically, soc...

The Administration of the UN

The internal document of the United Nations that we have just published attests to the fact that the administration of the Organisation is working against the UN’s objectives. The gravity of this situation calls for an explanation by Secretary General António Guterres, as demanded by Russian Minister for Foreign Affairs Sergueï Lavrov. Failing which, the member-States could call the United Nations into question.

In October 2017, the UN under-secretary for Political Affairs, Jeffrey Feltman, s...

False-Flag Failure

Last week the US warned of military strikes on Syria “if” government forces use chemical weapons (CW). This week, Trump comes clean by dropping any mention of a CW pretext – simply warning Syria not to attack terrorists.

Trump tweeted his warning to Syria, as well as its allied Russian and Iranian forces, to not launch a military offensive to retake control of the northwest province of Idlib. The area is the last remaining stronghold of illegally armed militant groups in Syria. It’s potential...

The US Is a Plutocracy

Plutocracy literally means rule by the rich. “Rule” can have various shades of meaning: those who exercise the authority of public office are wealthy; their wealth explains why they hold that office; they exercise that authority in the interests of the rich; they have the primary influence over who holds those offices and the actions they take.

These aspects of “plutocracy” are not exclusive. Moreover, government of the rich and for the rich need not be run directly by the rich. Also, in some...

The South Africa Question

South Africa has been thrown into the news because of President Donald Trump’s recent tweet that he instructed his secretary of state to “closely study” alleged land seizures from white farmers in South Africa.

Earlier this year, a land confiscation motion was brought by radical Marxist opposition leader Julius Malema, and it passed South Africa’s Parliament by a 241-83 vote. Malema has had a long-standing commitment to land confiscation without compensation. In 2016, he told his supporters h...

How We Were

The big roads were safe then, or we thought they were. Many of us, the more adventurous, poured onto the highways, just going, moving, looking. We were devotees of the long-haul thumb, crossing and recrossing the continent, dropping into Mexico, whatever.

A camaraderie held. There were rules. On an onramp it was first come first served, no butting in line and anybody with his thumb out was taken as a friend, or at least friendly. “Hey, man, got any shit?” was a common question. This meant gra...

A Letter from Dr. Anne Wortham

Fellow Americans,

Please know: I am black; I grew up in the segregated South. I did not vote for Barack Obama; I wrote in Ron Paul’s name as my choice for president. Most importantly, I am not race conscious. I do not require a black president to know that I am a person of worth, and that life is worth living. I do not require a black president to love the ideal of America.

I cannot join you in your celebration. I feel no elation. There is no smile on my face. I am not jumping with joy. There...