Llewellyn H. Rockwell Jr.'s Blog, page 425

The Great Dispossession Part 3

In Part 1, I explained that the next financial crisis will be bailed out not with central bank money creation but with our stocks, bonds and bank balances.

In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property.

In Part 3, I explain David Rogers Webb’s conclusion that a massive financial crisis is pending in which our financial assets are the collateral underwriting the derivative and financial bubble and will result in the loss of our assets but leav...

The Gaza Genocide as Explicit Policy: Michael Hudson Names all Names

In what can be considered the most crucial podcast of 2024 so far, Professor Michael Hudson – the author of seminal works such as Super-Imperialism and the recent The Collapse of Antiquity , among others – clinically lays down the essential background to understand the unthinkable: a 21st century genocide broadcast live 24/7 to the whole planet.

In an email exchange, Prof. Hudson detailed he’s now essentially “spilling the beans” about how, “50 years ago when I worked at the Hudson Institute wit...

Israel War Was a Deflection From CIA Betrayal of US

At a cost of $1.3 billion, the US, Israel, France, UK, and Jordan worked in conjunction to take out the missiles and drones launched by Iran.  This realizes two major schematics:  1.   Israel is incapable of defending itself alone, and  2.  The West is spiking War while scripting lies for the Media about peace thru sanctions.  Israel intends to retaliate.  The Ayatollah gave the US and neighboring countries advance notice of the intended strike (72 hours).   Erdogan is calling Qatar to realize t...

The Data Looks Grim for the Dollar

Peter’s back in Puerto Rico this week for his podcast after another week of record gold prices. In this episode, he discusses media coverage of inflation, this week’s CPI report, and Bitcoin’s weakening price relative to gold.

Peter starts by recapping this week’s price action and movements in the dollar’s strength. The dollar is currently performing better than other foreign currencies, but that doesn’t mean it’s doing well:

“The dollar index was up today, but that doesn’t mean the dollar was u...

This Is Why the Price of Gasoline Could Soon Double…

Can you imagine paying seven dollars for a gallon of gasoline?  It could soon happen, because it appears that Israel is about to strike Iran, and that is likely to cause events in the Middle East to spiral completely out of control.  Right now, approximately one-fifth of all oil used in the world goes through the Strait of Hormuz.  An apocalyptic war in the region could potentially close the Strait of Hormuz until the conflict is resolved one way or the other.  In addition, oil infrastructure co...

Ze Floor eez Good Eenuff

Give the lady credit, she took it like a man … who lost a boxing match to a tweenage girl. In 2008, when it was her ‘turn,’ the poor thing was Obama-literated. The path of Hillary’s rightful destiny was re-opened by the 22nd amendment in 2016. Now what? A guy who grabbed em’ by the …? Fifty-two years earlier she lost a race for class president at Maine South High School. Gunning for the highest office HRC had worse luck than Captain Binghamton did going after McHale. Why is it always she?

In the...

What Fed ‘Independence’ Really Means

A recent undercover video interview with a Fed economist by a Daily Caller reporter contains explosive revelations about the profoundly anti-democratic doings of the Fed.    In the video, Federal Reserve principal economist Aurel Hizmo, a speech writer for Fed Chair Jerome Powell, reveals “classified information” about how Powell deliberately acted to undermine President Trump and expand Fed activities far beyond its legislated monetary policy mission to encompass research on cherished Progressi...

Italy Faces Catastrophic Collapse of Catholic Faith as Mass Attendance Falls to 10% or Below

Traditionally Catholic Italy is facing a catastrophic collapse of the faith as Mass attendance falls precipitously to 10 percent of the population and even less in some areas. 

The steady, even accelerating, decline in the practice of the Catholic faith among Italians is detailed in a new study published by Professor Luca Diotallevi of the University of Rome in a book entitled La messa è sbiadita: La partecipazione ai riti religiosi in Italia dal 1993 al 2019 (The Mass has faded: Participation i...

A Step in the Right Direction

Libertarians – those dangerous people who think everyone has a natural (God given) right to go about their business in peace so long as their business is peaceful – won a small but important victory the other day in Texas that threatens to spread to other states.

Hopefully, at any rate.

What happened was the Texas DMV said people who buy one of those little “Kei” pick-up trucks you may have seen can now legally drive them on Texas roads.

Kei is short for Keitora – and refers to a type of very sm...

Crib Notes for the Trial of the Century

“Once someone determined Trump was so bad it was okay to lie about him, it set the precedent that the only thing that mattered was a subject’s politics.” — Matt Taibbi

What fascinates us about sex, I suppose, is that most everyone wants it and seeks it, driven by irresistible natural impulses, and yet the act itself is such an affront to civilized decorum that it inspires both comedy and horror, two states of consciousness that are themselves irresistibly compelling. Add lawyers to all that and ...