Banana Republic USA

The mainstream media are dog-like in their obedience to the power-elite. Good for the Dallas DA (never thought I’d say that!) who released all the newly discovered Kennedy assassination materials rather than hiding them in some federal archive. But how funny and awful to hear the media rise as one to denounce the idea that anything but the Warren commission ruse should be considered.

Robert Kennedy was convinced that LBJ had had his brother killed, then he was conveniently assassinated as well. But the important new book on what Robert thought and why was ignored, though I’ll never forget Chris Matthews’s outraged shoutdown of the author. I do notice that Teddy Kennedy has learned his lesson, and shut up and promote socialism rather than seek justice for his murdered brothers.

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9:25 am on February 19, 2008

Banana Republic USA

Wholesale prices were up 3.2% in November. That’s–what?–approaching 40% on an annual basis, and the federal price statistics always understate actual price increases.

This is not inflation. Inflation is what the Federal Reserve does day in and day out: increase the money supply to benefit the government and the big banks and related special interests. One result of inflation is a general rise in prices (along with the business cycle and redistribution of wealth and other evils). But this statistic does give us a taste of what we have in store.

The last time we had an inflationary recession–thanks to Richard Nixon, Arthur Burns, and company–very few Americans understood what was happening, what to do, and whom to blame. This time, in the Bush inflationary recession, we do know.

Thanks to the work of the Austrian economists,the Mises Institute, LRC, and many others, and thanks especially to Ron Paul, we know whom to blame–the Fed and its enabler-beneficiaries–and we know what to do: hobble the central bank, stop its inflation, and reestablish honest money.

The enabler beneficiaries in DC, banking, the military-industrial complex, the media, think tanks, academia, etc. have done their best to wreck our country and the world, for their own power and pelf. Now we can take America back, and prevent our descent into economic destructionism. No more fiat buck in the hands of our enemies. We can have gold and silver money in the hands of the people, under the leadership of Ron Paul.

BANANA REPUBLIC UPDATE from J.K. Baltzersen: “Actually, it’s worse. It’s actually almost 46%. If prices are up each month 3.2%, they rise each month comes on top of the other rises.”

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8:51 am on December 13, 2007