Llewellyn H. Rockwell Jr.'s Blog, page 2378

Neocon Killers

Does anyone in the Trump Administration have a clue about our Syria policy? In March, Secretary of State Rex Tillerson appeared to be finally pulling back from President Obama’s disastrous “Assad must go” position that has done nothing but prolong the misery in Syria. At the time, Tillerson said, the “longer-term status of President Assad will be decided by the Syrian people.”

Those of us who believe in national sovereignty would say that is pointing out the obvious. Nevertheless it was a goo...

Messianic Communism

[This article is excerpted from An Austrian Perspective on the History of Economic Thought, vol. 1, Economic Thought Before Adam Smith.]

Communist Zealots: the Anabaptists

Sometimes Martin Luther must have felt that he had loosed the whirlwind, even opened the gates of Hell. Shortly after Luther launched the Reformation, various Anabaptist sects appeared and spread throughout Germany. The Anabaptists believed in predestination of the elect, but they also believed, in contrast to Luther, that...

Don’t Fear Fat

Many people fear the word fat, as it has a negative connotation. We are bombarded by packages that say “low fat,” “reduced fat,” or “no fat,” which clearly goes to show that as a society, we don’t want fat anywhere near us. But in actuality, we need fat, and knowing which fat to eat can go a long way in improving our health.

You see, fat can be healthy as long as you are choosing the right sources of it. Unhealthy fats include trans-fat and saturated fat. These types of fat are found in proce...

Dow To Fall 97% Against Gold?

In the last 48 years, since 1969, an investor who put $1,000 into the Dow would today have $33,000. That is a gain of 3,200% or 7.6% annually. On the other hand, someone who put $1,000 into gold in 1969 would today have $37,000 or 7.8% annual return. But if you add dividends to the Dow, the return is far superior at 10.7% with the dividends reinvested.

1969 seems like an arbitrary start year but it happens to be the year that I started my first job. No one could of course have predicted any o...

The Everything Bubble

I’ve long held that if a problem can be solved by creating $1 trillion out of thin air and buying a raft of assets with that $1 trillion, then central banks will solve the problem by creating the $1 trillion out of thin air—nothing could be easier.

This is the lesson of the past eight years: if a problem can be solved by creating new money and buying assets, then central banks will solve that problem.

Problem: stock market is declining. Solution: create new money and buy, buy, buy stock inde...

US, Saudi Arabia, Qatar, etc. Funded Terrorists

A television interview of a top Qatari official confessing the truth behind the origins of the war in Syria is going viral across Arabic social media during the same week a leaked top secret NSA document was published which confirms that the armed opposition in Syria was under the direct command of foreign governments from the early years of the conflict.

And according to a well-known Syria analyst and economic adviser with close contacts in the Syrian government, the explosive interview cons...

Catalonia Is Not Alone

Catalonia threw Spain into a constitutional crisis yesterday after declaring independence following a controversial referendum.

But the region is not alone in its hope for independence and the aftershocks of the Catalonia crisis could further splinter the EU with dozens of regions hoping to return to autonomy and fighting their own battle to regain control.

And this map, which shows the sheer number of regions with movements wanting greater autonomy or secessionist movements, makes a worrying...

Banned From Twitter For Life

Roger Stone, a long-time Republican political operative and adviser to President Donald Trump, has been permanently banned from Twitter, it was learned on Saturday.

The social media service barred Stone after he unleashed an expletive-filled tirade on Friday aimed at CNN commentators.

In a tweet addressed to anchor Don Lemon, Stone wrote: ‘There are no credible “fact checks” that clear the Clintons on uranium. Even the people at CNN say you are a buffoon behind your back.’

Stone was referring...

To Understand the Kennedy Murder

Dear Readers, some of you are pushing me to continue with the Las Vegas shooting story while others are asking to know what to make of the release of files pertaining to President Kennedy’s assassination. I appreciate that you are interested and are unsatisfied with official explanations.

My answer is that we already know, thanks to exhaustively researched books such as James W. Douglass’ JFK and the Unspeakable (Simon & Schuster, 2008), far more than is in the released files.

My answer is al...

Congressman Spam

Twice a week, I receive a spasm message from Congressman Gaetz. They are always boring.

They refer to some obscure bill he voted for. No one cares except donors who want him to vote for or against this bill. The average voter has no interest. Why should he?

The function of emails from a Congressman is not to provide information on his philosophy of government. It is not to report on the central issues he regards as the heart of his political life. The function of emails is this: to keep his n...