LRC Blog

Who’s The Boss? Trump, Powell, or the “Market”?

This week, Fed Chairman Jerome Powell was asked if he would step down if President Trump asked him to resign. Powell answered “No.” The law does not permit the president to fire the Fed chairman. Powell didn’t mention, however, that The Federal Reserve is unconstitutional to begin with. No power was ever granted to the federal government to create a monopoly bank that manipulates interest rates and counterfeits money. So the big issue is not who has more authority over the other; the president or the Fed chairman. The issue is that the Federal Reserve should not exist at all!

12:36 pm on November 8, 2024

Leftist OUTRAGE! Reacting To Feminist MELTDOWNS Over Trump’s Victory

Are Young Progressive Women Freakin’ Nuts?

A Pew Research Center study shows that 56.3% of young white liberal women have been diagnosed with a mental illness — about twice the rate of their conservative counterparts.

11:39 am on November 8, 2024

Must Watch Interview: Trump, the Economy & World War III: Col. Douglas Macgregor’s Shocking Predictions

Everyone must watch this crucial illuminating podcast.

Col. Douglas Macgregor’s economic and geopolitical forecasting and analysis is superbly on-target. Trump must make him his National Security Advisor to lead the foreword thinking repositioning of economic and security posture for the foreseeable future decades while the overseas empire collapses and the homeland infrastructure and industrial base is rebuilt and expanded.

  • Peace and diplomacy based upon a non-interventionist foreign policy structured upon a strong national defense of the political and territorial integrity of the United States, coupled with a policy of strategic disengagement in world affairs.
  • National borders defended by the highest state of the art technology and physical security.

10:36 pm on November 7, 2024

The Secession Movement in The Land of Lincoln

Seven Illinois counties voted to explore seceding from Chicago/Cook County and forming a new state — along with twenty-one other Illinois counties that voted to do the same in the 2020 and 2022 elections.

If they follow through, will the Illinois governor follow Lincoln’s example and bomb the seceding counties day and night, set fire to their cities and towns, loot and destroy private homes, look the other way while armies commit gang rape and murder civilians?  Or would he be more like the last head of the Communist party in the Soviet Union, Mikhail Gorbachev, and let them go in peace?

2:48 pm on November 7, 2024

Trump: ‘No More Wars. I’m Going To Stop The Wars.’ Should We Believe Him?

12:56 pm on November 7, 2024

Trump’s Next Defense Secretary?

FOX News says it looks like Mike Pompeo, the male Liz Cheney.  Of course, this could be based on nothing but FOX’s neocon lies-and-bullshit machine campaigning for more war.

10:13 am on November 7, 2024

Jimmy Kimmel Cries Like a Baby on His TV Show After the Election

“It was a bad night for our allies in Ukraine and for NATO,” said the Demo-Bolshevik party hatemonger posing as a “comedian.”  And oh yeah, for everyone else on planet Earth as well according to hysterical, weeping, choked-up Jimmy.  The rest of the late-night TV idiots are even more hilarious with their childish whining and crying over the election.

These people are children.  They never grew up mentally.  Would Johnny Carson or Jay Leno ever have behaved in such an infantile manner?!  Leno always just went ahead and made jokes about whoever won the election.  But then he wasn’t a ruthless communist ideologue and propagandist in disguise.  He and Johnny were professional entertainers, unlike these gloomy, moronic Leftist nutjobs.

Speaking of Jay Leno, he said today that he thought the election was “fair and honest” and “a great day for democracy.”

10:09 am on November 7, 2024

Older Hollywood Women are Worried Sick . . .

. . . that their daughters might not be able to abort their babies now that Trump has been elected.

Calm down girls.  California is the most pro-abortion place on the planet with Nancy Pelosi’s nephew, Governor Haircut, even offering to use tax dollars to pay the transportation costs of women from other states to have the babies in their wombs snuffed out there.  No indications so far that Governor Haircut is considering subsidies for families to travel to California to adopt a child.

2:45 pm on November 6, 2024

Drowning In Their Tears: Elites Panic At 2024 Election Results

12:44 pm on November 6, 2024

Can Hypnosis Last for Twenty Years?

As everyone knows, Hillary Clinton blamed her loss in the 2016 election to her theory that, years before that, Vladimir Putin personally hypnotized Donald Trump and instructed him to run for president so that he could be a Russian puppet.  I was reminded of this this morning reading how just about all of the bigshot left-wing windbags like Maddow and Olbermann are now saying that “Russia didn’t want Harris to win.”  I guess they’re assuming that Putin’s hypnosis is still intact.  However, I looked it up and the average hypnosis lasts about 90 seconds.  Hmmm.

10:41 am on November 6, 2024

The Economic B.S. Begins

There are already articles on the internet quoting investment “experts” saying that Trump will cut taxes and that tax cuts will be “inflationary.”  That implies that tax increases should be deflationary.  Let’s try to figure out how that works.  This is classic Keynesian demand-side thinking, so the argument is that taking say, a billion dollars out of the bank accounts of taxpayers and giving it to government bureaucrats to spend instead will cause deflation even though the amount of total spending is exactly the same.  What is different is WHO is doing the spending, in this case government bureaucrats instead of citizens who earned the money in the first place.  Standard Keynesian superstition holds that “aggregate demand” must increase if the price level is to increase (or be higher than it otherwise would have been), but in this case it is not higher but the same.

I’m beginning to doubt these claims that keeping more of your own hard-earned money harms all of society by causing price inflation and that handing over more of your hard-earned money to politicians and bureaucrats always benefits “society.”

9:38 am on November 6, 2024

CNN Panel of Lying Media Scum Leftists . . .

. . . all had expressions on their faces like they were waiting in line to be hanged in the morning after Trump was declared the victor.  They just could not believe that Commie-La lost.  She was the almost perfect candidate:  A woman (although incapable of defining “woman”); she is half black; she is amoral; she hates Catholics in particular and religion in general; she is a Berkeley communist; she doesn’t seem to know anything or believe in anything.  Almost perfect.  If she was also a lesbian with advanced dementia she would have been absolutely perfect, not just almost perfect.

The topic of discussion of our esteemed CNN panel was whether it was a mistake to ditch the other almost perfect candidate of the Demo-Bolshevik party, the doddering old child-biting and little-girl-hair-sniffing pervert with advanced dementia who can no longer control his bowels (or his mouth).

 

9:13 am on November 6, 2024

Trump: Beware Mike Pompeo…And The Other Neocon Snakes In The Grass!

12:40 pm on November 5, 2024

Germany’s Business Model is Broken

Speaking of the Green Energy Scam, here is non-paywalled version of how it is going in Germany.

Auto, chemical, engineering are all in dire straits. “Deindustrialisation is a real risk.”

Click here to read.

11:10 am on November 5, 2024

“Remember, Remember the 5th of November, Gunpowder, Treason and Plot; for there is a Reason why Gunpowder and Treason should Ne’er be Forgot.”

10:42 am on November 5, 2024

Is a Green Grid Even Possible?

Given our dependence on the electric grid, it is rather amazing that we do not have a single working example of a solar, wind, and battery electric grid on any scale. Do it for a city, a county, or a state. Show the costs and issues with keeping an electric grid up 24×7.

Blogger Francis Milton describes the issue:

  • “It doesn’t take a genius to figure out why the costs explode. They can build thousands of wind turbines and solar panels, but they can’t get rid of any of the dispatchable power plants because they are all needed for backup. So now they are paying for two duplicative systems. Then they must pay the dispatchable plants enough to cover their capital costs at half time usage. Then they must buy the fossil fuels for backup on spot markets where production has been suppressed by, for example, banning fracking….
  • Nobody would be happier than me to see a demonstration project built that showed that wind and solar could provide reliable electricity at low cost. Unfortunately, I know too much about the subject to think that that is likely, or even remotely possible. But at least the rest of us need to demand a demonstration project from the promoters of these fantasies.”

Link to Milton’s post.

Fantasy is the right word. Read Andrew Montford on the fiasco unfolding in the UK. Even using unrealistic assumptions, a study looking at a Net Zero grid in 2030 found that “call a halt” is the lowest cost option, even including the costs of “climate warming.”

 

10:09 am on November 5, 2024

Young Conservatives Agree . . .

. . . that Pat Buchanan was right about foreign policy.

9:09 am on November 5, 2024

Betting Market Summary for Trump v. Harris 11.4.24

Trump currently has a 17.2-percentage-point RCP average lead over Harris.  However, anything can happen tomorrow, especially when running against the Dirty Dems.  Betting markets were wrong in predicting “Remain” for Brexit in June of 2016 and “Hillary” for Hillary v. Trump in 2016.  Betting markets are also regularly wrong with respect to sports upsets (24th-ranked Vanderbilt beat 11th-ranked Alabama 40-35 this past October 5).  Still, it’s better to be Trump right now than the cackling hyena.

5:16 pm on November 4, 2024

The Commies hate rich guys who are on the Right

But it’s perfectly okay when Sam Bankman-Thief pours nine figures of stolen loot into the DemocRAT coffers, right?

 

2:43 pm on November 4, 2024

The fix is in for Michigan

This is the kind of tyranny that you can’t make up. But they will sue you for daring to say they rig the elections.

2:41 pm on November 4, 2024

Kamala on dormitories as camps for “stupid” young people

2:33 pm on November 4, 2024

Robert Barnes and Rich Baris Episode 85: What Are the Odds? The State of the Race with only ONE DAY until Election Day! Plus, Early Vote, New Polling, Betting Markets and Final Predictions!

1:11 pm on November 4, 2024

Slashing Big Government – An Idea Whose Time Has Come!

12:35 pm on November 4, 2024

Disconnecting the Dots:  The Meir Kahane Assassination

November 5th marks the 34-year anniversary of the assassination of rabbi, terrorist leader, and far right-wing Israeli politician Meir Kahane by followers of the “Blind Sheikh”, Omar Abdel-Rahman, in New York. The conspirators in the assassination were trained by former CIA asset and FBI informant Ali Mohamed, who was an al-Qaeda triple agent, as explained in Peter Lance’s book Triple Cross.  The CIA granted visas to the Blind Sheikh and Ali Mohamed despite them being on State Department terrorist watchlists.

Ignoring all evidence that the Kahane assassination was a conspiracy of Islamist terrorists operating and training in the US, law enforcement treated the assassination as solely the work of one follower of the Blind Sheikh, El Sayyid Nosair, who shot Kahane.  Nosair’s co-conspirators who were not prosecuted for the assassination, Mohamed Salemeh, Bilal Alkaisi, and Mahmoud Abouhalima, played key roles in the 1993 WTC bombing.  Nosair from prison was also a major facilitator of the 1993 bombing and the Landmarks plot, which targeted New York bridges and tunnels.

Before the assassination, the FBI monitored and photographed Ali Mohamed giving weapons training to Nosair and other conspirators such as Abouhalima and Salameh at a shooting range in 1989.  Nosair was photographed using the same weapon used to shoot Kahane.  The NYPD learned of the weapons training after the assassination.   After the assassination at Nosair’s house, Peter Lance writes, “FBI agents and NYPD detectives seize 47 boxes of evidence, including bomb recipes, Arabic writings threatening the WTC, and Ali Mohamed’s top secret memos stolen from Fort Bragg.  Abouhalima and Salameh are seized as material witnesses, but later set free.”  The Arabic language documents, including sermons from the Blind Sheikh calling for the destruction of the “edifices of capitalism”, were not translated until after the 1993 WTC bombings.

Thanks to law enforcement disconnecting the dots that the assassination was a conspiracy, Kahane’s assassins successfully carried out the deadly 1993 World Trade Center Bombing and then planned the Landmarks plot.  Abouhalimina and Salameh were convicted for their roles in the 1993 World Trade Center bombing.  Nosair was convicted in the Landmarks plot.  Alkaisi was given a plea deal for the 1993 bombing and later escaped the US.  Ali Mohamed, while serving as a FBI informant, played a key role in facilitating the 1998 African embassy bombings and went into witness protection after pleading guilty to his involvement in the embassy bombings.

The course of world history would have been much different if not for the US disconnecting the dots on the Kahane assassination.

9:46 am on November 4, 2024

The Duran: High Stakes, US Elections 2024 w/ Robert Barnes

2:55 pm on November 1, 2024

JD Vance & The Fed

This week, JD Vance addressed the unjust and arbitrary nature of the Federal Reserve. Also this week, Elon Musk, in front of a Madison Square Garden crowd, mentioned cutting $2 Trillion from the federal government’s budget. The two topics are very much intertwined. After all, it is the Fed that enables the government to grow into the Leviathan that it is today. Members of Trump’s team are very much on the right track.

12:30 pm on November 1, 2024

Campaign 2024 Indelible Images in Our Collective Minds

8:09 am on November 1, 2024

The Kind of Strong “Woman” Mark Cuban Thinks Presidential Candidates Should Associate With

Like these ones for example.

7:32 am on November 1, 2024

Whom Would You Vote For?

Democrats say that Trump is a fascist like Hitler. Republicans say that Harris is a communist like Stalin. This brings up an interesting question for those who say that it is our civic duty to vote no matter whom the candidates are. What if the election was Hitler vs. Stalin? Whom would you vote for?

2:06 pm on October 31, 2024

My Prediction

My stepdaughter texted to ask what I thought was going to happen with the election.  Here’s what I wrote:

“I think Trump has a big enough lead to overcome all the massive vote fraud that the Democrats have organized.  When he wins the Democrats will organize violent riots in every city, including a real insurrection in DC on the day that Congress votes to certify the election.  They will file a hundred lawsuits to challenge the vote.”

One wildcard:  If the machine vote counting is able to switch literally millions of votes from Republican to Democrat like some of them did last time.  This may already be in the works: A Pennsylvania ABC News station “accidentally” put on their screen yesterday that Commie-La has won Pennsylvania with 100 percent of the vote having been counted.  That’s odd. I thought TV news was very fast paced and everything is last minute and constantly changing as events change.  Do they really have time to leisurely toy around with headlines for a week in the future about something that they know nothing about, by definition?

1:37 pm on October 31, 2024