Llewellyn H. Rockwell Jr.'s Blog, page 286

So the Economy Now Depends on Stocks Which Depend on Front-Running the Fed–And This Is Fine?

Is an economy based on the wealth effect generated by front-running the front-runners really that stable?

So the entire economy depends on the stock market going up as punters front-run the Fed–and this is not only fine, it’s optimal, the best arrangement the world has ever seen. On which ethereal plane is this considered sane, much less optimal?

That the real-world economy–a neofeudal confection featuring a parasitic, predatory Nobility vacuuming up virtually all the gains of the Everything Bub...

Cicero’s Summum Bonum and the Greatest Commandment

Philosophy, ideally, brings our rational inquiry to a proper level of cultivation that allows us to accept the revelation in the Gospels. Praeparatio evangelica is a doctrine of the early Church, which maintains that God, prior to the fullness of revelation in His Son, already cultivated the soil, as it were, for the Incarnation, by developing a philosophical culture that would be open to the revelation of Jesus Christ.[1]

45 years before the birth of Christ, Cicero, a Roman orator, statesman, a...

Trump: ‘Make Israel Great Again’

At a Republican rally in Washington, D.C., on Thursday, September 19, billed as “opposing antisemitism,” Donald Trump made several remarks that lived up to his title of “America’s First Zionist President.” Leaving the “Make America Great Again” mantra, Trump promised his audience that he would “make Israel great again.”

With Zionist mega-billionaire Miriam Adelson looking on (Adelson gave Trump over one hundred million dollars for his promise that, if elected, he would support Israel’s purge of ...

The Greatest Coverup in History

Last night at dinner, my younger brother told me about an old Army Ranger buddy of his who did several tours in Afghanistan & Iraq, and all of the terrible things he did and saw for the U.S. government and its corporate cronies. Dawning awareness of the true horror of it caused him to go through a dark odyssey of alcohol and violence from which he may never have emerged had it not been for his exceptional mental toughness and discipline.

The U.S. Military-Industrial Complex (which now includes t...

The Shadow of the Shadow

You have to wonder: has there ever been a country that marched off to war with no head-of-state at the top of its war machine? It’s exactly that bad in our country, with a broken animatronic Halloween scarecrow popping in-and-out of the White House to yell incoherently at election campaign events for a putative successor too scared of the predicament she’s in to think straight. Really, no one is in charge — and if any of the leading actors on the scene really were, the situation could easily get...

Do We Have an Evolutionary End Point?

“If I were really prescient, I would have told people in 1990 that new jobs would soon become available to create and operate websites and mobile applications, doing data analytics and online merchandising. But they wouldn’t have had any idea what I was talking about.” — Ray Kurzweil, The Singularity Is Nearer: When We Merge with AI, p. 200, Kindle Edition

Artificial General Intelligence (AGI) promises many things.  In articles and books AGI is described as a state of machine intelligence in whi...

War and Globalization, America’s Roadmap of Conquest, Blueprint for Global Domination

Selected Excerpts from the Lecture

The wars on Afghanistan and Iraq are part of a broader military agenda, which was launched at the end of the Cold War. The ongoing war agenda is a continuation of the 1991 Gulf War and the NATO led wars on Yugoslavia (1991-2001).

There is a roadmap, a sequence of wars.

The war on Iraq has been in the planning stages at least since the mid-1990s.

A 1995 National Security document of the Clinton administration stated quite clearly that the objective of the war is...

Violating the Law to Provide War Aid to Israel

In March, I wrote about eight United States Senate members sending a letter to President Joe Biden declaring that Section 6201 of the Foreign Assistance Act of 1961 requires the termination of offensive military aid to the Israel government because the Israel government “prohibits or otherwise restricts, directly or indirectly, the transport or delivery of United States humanitarian assistance.” This declaration seemed then and continues to seem now true to observers of the situation where Gazan...

Why the Biden-Harris ‘Strong’ Economy Claim Is a Big Lie

There is only one way to rescue America’s faltering economy and that’s the wholesale abandonment of Washington’s reckless spending, borrowing and printing policies of the last quarter century. These policies did not remotely attain their ostensible goals of more growth, more jobs and more purchasing power in worker pay envelopes. What they did do, of course, was to freight down the main street economy with crushing debts, dangerous financial bubbles, chronic inflation and stagnating living stand...

Gold Rising? No — the Dollar’s Falling

The last data point for the net long position for hedge funds was 17 September (COT report) due to be updated on Friday. Since then, open interest has increased by 28,256 contracts on preliminary figures for yesterday (Tuesday). That implies that this category of trader (managed money) is net long of about 240,000 contracts and therefore highly vulnerable to a bear raid by the swaps (bullion bank traders and market makers). And note how the rise in their net position is in lockstep with the pri...