Richard Nixon unsuccessfully tried to pass a version of Milton Friedman’s plan. Nixon’s Democratic opponent in the 1972 presidential election, George McGovern, also suggested a guaranteed annual income. Milton’s basic guaranteed income proposal was well thought out and substantially different than simply the welfare state. Our welfare system has seriously altered human behavior as it […]
Many people have written emails to ask if we have a model on Yellowstone National Park’s potential for the largest volcano eruption in history. A new study provides evidence of 12 volcano eruptions in about 3 million years, which suggests that Yellowstone’s super volcano can erupt catastrophically on a much shorter cycle of about every 250,000 years. […]
Some people can face adversity but others want to hide and pretend nothing is happening. What might seem impossible with respect to political reform to save our future, actually becomes entirely probable. What you have to grasp here is that the news may be negative. However, it is that negativity that finally lights the one remaining match […]
QUESTION: You wrote the Socrates site on 3/23/2016: “Once the “confidence” in government cracks for the BULK OF THE SILENT MAJORITY who do not listen to money supply and conspiracy theories, then we move into game over. That is when we will see assets rise as confidence shifts from a corrupt government for the majority […]
The number one issue concerning Donald Trump is the misrepresentation that this political unrest is about Trump. We are watching a worldwide uprising against government. This is the West’s version of 1989 that took down communism. We are witnessing opposition to the establishment everywhere from Germany, France, Britain, and even China. The Chinese version of Donald Trump […]
It might surprise many, nonetheless, governments have routinely spent more than they take in from taxes. In ancient times, governments simply minted more coins to fund their operations; they generally did not borrow. Some ancient Greek governments borrowed from the temples to fund wars and defaulted. However, typically, tax revenues amounted to only about 80% […]
QUESTION: Marty; It seems like government always has some covert agenda. The exposure of the FBI lying about being unable to hack the iPhone Apple is just typical. The global warming issue clearly seems to be a tax agenda. They taxed cigarettes saying they were trying to help society. When revenues declined, they want to […]
QUESTION: Mr. Armstrong; Is it true that the central banks have been lying to us to create a false sense of confidence in order to reverse the economy? Is this part of their agenda? Thank you UB ANSWER: It has always been a confidence game. Those in power are constantly trying to boost the confidence […]
Today is Good Friday which is a Christian religious holiday commemorating the crucifixion of Jesus Christ and his death at Calvary. For those that haven’t thought about it the Crucifixion happened just after Passover. Jesus had come to Jerusalem for Passover. The last supper is believed to have a Passover connection. I was fortunate enough to […]
The elitist press are starting to realize that they are the problem. “Trump voters are a coalition of the dispossessed. They have suffered lost jobs, lost wages, lost dreams. The American system is not working for them, so naturally they are looking for something else. Moreover, many in the media, especially me, did not understand how […]
