More CIA-Fabricated Fake News

December 12, 2016

As late as 1990 the CIA was claiming that the economy of the Soviet Union was 50% the size of the U.S. economy.  The world learned shortly thereafter that it wasn’t even 5%.  Overestimating the size of the Soviet economy by a multiple of ten did, however, help stoke the flames of the dying Cold War.  And then there was the fake “Iraq-has-weapons-of-mass-destruction” scam, and . . .

If the Russians can manipulate American elections through “hacking,” I wonder why they used their hacking skills to get Obama elected and re-elected. Just wondering.  Maybe someone at the CIA can tell us in another one of those “secret” front-page Washington Post articles.

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The Best of Thomas DiLorenzo

Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real LincolnHow Capitalism Saved AmericaLincoln UnmaskedHamilton's CurseOrganized Crime: The Unvarnished Truth About GovernmentThe Problem with Socialism; and The Politically-Incorrect Guide to Economics