Llewellyn H. Rockwell Jr.'s Blog, page 2481
June 27, 2017
Whatever Happened to CNG-Powered Cars?
It’s interesting to speculate about why solutions that would have actually worked – which did work – seem to always just kind of . . . go away.
Not the fabled 100 MPG carburetor. That probably never existed.
But how about cars powered by compressed natural gas (CNG)?
They did exist. And – much more interesting – they worked.
Several car companies – including GM and Ford – offered them, briefly, back in the late 1990s. Including CNG-powered versions of their full-size sedans (the Impala...
June 26, 2017
Crash Scenario
The one thing we can know with certainty is it won’t be easy to profit from the crash.
After 8+ years of phenomenal gains, it’s pretty obvious the global stock market rally is overdue for a credit-cycle downturn, and many research services of Wall Street heavyweights are sounding the alarm about the auto industry’s slump, the slowing of new credit and other fundamental indicators that a recession is becoming more likely.
Few have taken the risk of projecting a date for the crash, this gent be...
When Economic Disaster Hits
“I joined the Navy to see the world. I’ve seen it. Now how do I get out?”
Readers will most likely be familiar with “Dear Abby,” the American advice column that has been popular since its inception in 1956. The above question was sent to her in 1981 but may be even more relevant today.
It will be no secret to readers of this publication that some of the formally most-prominent, most-free jurisdictions in the world are now in a state of serious decline and face economic, social, and possibly p...
We Need Rules, Libertarians
So asks Jordan Peterson. In response, he offers food for thought:
The probability that it’s the friendliest and nicest people is very, very low.
I suggest that what he is saying is that the probability that it’s the meanest and nastiest people is very, very high.
Hans Hoppe weighs in on this topic: Why Bad Men Rule:
Free entry and competition in the production of goods is good, but free competition in the production of bads is not. Free entry into the business of torturing and killing innoce...
Gov’t Peeping Toms Abound
“We are rapidly entering the age of no privacy, where everyone is open to surveillance at all times; where there are no secrets from government.” ― William O. Douglas, Supreme Court Justice, dissenting in Osborn v. United States, 385 U.S. 341 (1966)
The government has become an expert in finding ways to sidestep what it considers “inconvenient laws” aimed at ensuring accountability and thereby bringing about government transparency and protecting citizen privacy.
Indeed, it has mastered the a...
London Terror Suspect
On this episode of The Geopolitical Report, we uncover Salman Abedi’s, the Manchester suicide bomber, link to British intelligence. MI5 explains that it missed warnings on Abedi despite one sent by the FBI. This is part of a larger pattern. Since the 1990s, the British government has given jihadi terrorists a free hand to preach hate and murder while they worked simultaneously with British secret services. Leading imams Anjem Choudary, Omar Bakri, Abu Hamza al-Masri, and others have cooperate...
Illinois & Puerto Rico
If Gov. Bruce Rauner and his legislature in Springfield do not put a budget together by Friday, the Land of Lincoln will be the first state in the Union to see its debt plunge into junk-bond status.
Illinois has $14.5 billion in overdue bills, $130 billion in unfunded pension obligations and no budget. “We can’t manage our money,” says Rauner. “We’re like a banana republic.”
Speaking of banana republics, Puerto Rico, which owes $74 billion to creditors who hold its tax-exempt bonds, and $40 b...
Crude, Blood, Turmoil
Newly declassified CIA documents emphasize the agency’s significant role in the 1953 coup d’etat in Iran. While the CIA-led operation is still regarded by Washington as a “success,” it actually led to dire consequences for both Iran and America, RIA Novosti contributor Vladimir Ardayev wrote.
Washington has a long record of regime change operations, RIA Novosti contributor Vladimir Ardayev writes; however, each time the US meddled in foreign state affairs, it then had to cope with the whirlwi...
Hands Off Our Loopholes, Trump
A bipartisan group of lawmakers is asking the Trump administration to reconsider its support for ending the federal tax deduction for state and local taxes paid—the SALT deduction.
Good for them, although they certainly aren’t doing it for the right reason.
These lawmakers are concerned because Trump’s tax plan would “eliminate targeted tax breaks that mainly benefit the wealthiest taxpayers” while protecting just “the home ownership and charitable gift tax deductions.”
Representative Bill Pa...
Llewellyn H. Rockwell Jr.'s Blog
- Llewellyn H. Rockwell Jr.'s profile
- 90 followers
