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 … Continue reading 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 … Continue reading Banana Republic USA