1+ hour, 22+ min ago (49+ words) Writes Bill Madden: We didn't threaten Nigeria because they are killing Christians, we threatened them because they are killing the dollar. " The post Nigeria appeared first on LewRockwell. We didn't threaten Nigeria because they are killing Christians, we threatened them because they are killing the dollar....

6+ hour, 49+ min ago (235+ words) I passed by a bunch of little kids recently, chasing after bubbles emitted by a bubblicious toy. What a delightful time they were having. That's all very well, but right now experts are worrying about an AI Bubble, as the stock market retreats some 8-10 percent from a peak at the end of October. Here's'one take'from Niall Ferguson worrying about the crazy plans of the AI promoters: Sam Altman "recently told employees that OpenAI wanted to build 250 gigawatts of new computing capacity by 2033" a plan that would cost over $10 trillion by today's standards." That would be equivalent to a third of current U.S. peak energy usage. Then there is David Dayen at'American Prospect.'He's worried that'Silicon Valley and Wall Street are in sync: conjuring up sketchy credit deals that are pointing us toward another financial crash." Last month, the big focus was…...

6+ hour, 49+ min ago (292+ words) Banks with credit card businesses are currently charging an annual interest rate of 19.24 percent on purchases. If you use their card for cash advances, the interest rate you pay is 29.99 percent.If I remember my medieval history, 30% is higher than the usury Jews charged that led to pogroms and is higher than the percentage of serf labor to which feudal lords had claim.. I got to wondering what percentage of banks's profits came from credit card interest and bank fees.In other words, does it pay banks to finance new investment in plant and equipment when they can get 20% or 30% from lending to hard pressed Americans living on their credit card? I learned that although credit cards only account for 4.5% of banks' total balance sheets, they generated 16.6% of banks' interest income during 2010-2023. In 2022 the Consumer Financial Protection Bureau reported that…...

6+ hour, 49+ min ago (257+ words) By Anthony EsolenCrisis Magazine I've visited my hometown after seven years, and I am struck by how busy the streets are with traffic and how empty the sidewalks are of persons. It is a death-in-life. A few hundred feet from my mother's house is a small playground with a sign dedicating it to one of our old neighbors. It is empty, always. It is as if someone has mummified and decorated a corpse. The town had promised the children in my neighborhood a playground. That was almost 60 years ago, when I was a boy. For we'had'had one, shabby enough, but full of life. On it stood the ruins of a tiny schoolhouse. It had no roof. The walls were scrawled with graffiti. Nails and jagged wood stuck out here and there. Of course we loved it. One summer, the town…...

6+ hour, 49+ min ago (269+ words) On Wednesday's episode of the Peter Schiff Show, Peter returns to his show to walk listeners through what he sees as multiple asset bubbles and why those bubbles matter beyond headline market moves. He calls out the'AI stock mania, a fragile housing market propped up by policy, and'the crypto circus" all potential bubbles inflated by easy money. He opens by framing the broader problem: we don't just have one overheating market, we have many, and'policy choices make their unwinding more dangerous: Peter is careful to separate hype from technological promise " he believes AI could genuinely reshape productivity and living standards " but warns that'enthusiasm is fueling speculative excess'rather than sober investment: Shifting from tech to crypto, Peter points to recent price action as evidence that much of the Bitcoin story is built on air " a sharp drawdown is "a pretty big…...

13+ hour, 43+ min ago (15+ words) The post Who Let The DOGE Out? With Guest David Gornoski appeared first on LewRockwell....

6+ hour, 49+ min ago (370+ words) By Jacob G. Hornberger The Future of Freedom Foundation Thus, I can totally understand why many Americans still do not cross the line and conclude that the assassination was, in fact, a national-security-state regime-change operation. I'm with them there. Given such, how then have I concluded that JFK was assassinated by the Pentagon and the CIA as part of a regime-change operation intended to protect "national security? The answer lies in the Pentagon's and CIA's actions'after'the assassination. It is their post-assassination actions that unequivocally establish guilt on the part of the national-security establishment. I won't go into all the aspects of the fraudulent autopsy in this article. That's what I do in my relatively short, easy-to-read book'The Kennedy Autopsy, which is actually just a synopsis of Horne's five-volume book. But anyone who takes the time to read and study Horne's five-volume…...

6+ hour, 49+ min ago (321+ words) Today, Americans know how the Great Depression ended. It ended with the onset of war in Europe. FDR truly believed that, if Britain and France went to war with Germany,the quagmire would make the British and French Governmentsheavily dependent on access to U.S. credit markets and resources, thereby ending America's economic Depression. FDR welcomed the stimulus that war provided. Ultimately, both FDR and Stalin miscalculated just how costly and risky the new conflict in Europe would be. War broke out in 1939, and in 1940 German military power rapidly defeated Western allies, though Britain fought on. The next year Germany invaded the Soviet Union. Today, the Trump administration faces some conditions that FDR would recognize. Scott Bessent, President Donald Trump's Treasury Secretary, confronts a national sovereign debt of approximately $38 trillion.Liquidity strains also persistin parts of the financial system, and the dollar's…...

6+ hour, 49+ min ago (736+ words) France is a very strange country. To lull its population to sleep, it likes to celebrate its misfortunes. On November 13, 2025, France therefore celebrated the tenth anniversary of its defeat of November 13, 2015, when terrorists massacred 133 people and injured 413 in six attacks at the Stade de France (Saint-Denis), on the terraces of cafes, and at the Bataclan. In his address, President Emmanuel Macron proclaimed, "This haunting question: why? We would like to find meaning in what happened" No, there is no meaning, no justification for your pain. There never will be." It is a terrible lie that prevents all those who experienced these attacks in their flesh from finding peace: Yes, these attacks had a meaning, but our leaders chose to hide it from us so as not to have to acknowledge their mistakes. On October 31, 2014, during the official visit of Recep…...

6+ hour, 49+ min ago (943+ words) In previous writings, I exposed the machinery of technocratic control " climate orthodoxy, debt economics, CBDCs, and centralized data governance. But those were only the outer mechanisms. Now the frontier is shifting inward. The question is no longer merely "How will they govern us?" " but "Will we still govern ourselves?" The danger is not that AI will become human " but that humans will become machine-like. And this danger is not hypothetical. AI is already shaping what may be spoken on social media, what may be researched in medicine, and " through digital currency " what may even be purchased. It is not innovation " it is the automation of control, becoming the interface between citizens and reality. If the human spirit is filtered through an algorithm " what becomes of discernment? As I wrote in Staying Human in the Age of AI, outsourcing expression leads…...