The European Central Bank (ECB) will start buying corporate bonds on June 8. This will broaden Quantitative Easing by expanding it to a new asset class in a desperate struggle against deflation. The Governing Council meeting in Vienna maintained the refinancing rate at zero and the deposit rate at -0.4 percent as a component of its […]
COMMENT #1: The current protests are not “The People against the State” and therefore it is not a revolution. It is the Left (CGT union and alike) against the Left (Presidency); it is a family affair like currently between Amber Heard and Johnny Depp. When these people rioted in my street, the REAL PEOPLE on […]
COMMENT: Dear Martin, When I first started voting in the UK at 18, I used to take my balllot card and driving license with me for ID purposes. But to my surprise, nobody ever asked me for ID. Not even the ballot card. Then I started asking them, “Don’t you want to see my ID? […]
QUESTION: Mr. Armstrong, You are friends with Bill Kristol. So what is going on. He seems to be very much against Trump and is moving for an independent candidate. You know him. Any inside scoop? ANSWER: Yes, I know Bill. However, I would not say we are friends. Yes, we have been to dinner many times and […]
All of our sources in France warned that labor civil unrest was going to explode. Now, hundreds of thousands of citizens have poured onto the streets in France and some are calling this the new French Revolution. They have been trying to impose a total media blackout in the Western news outlets to hide what […]
The British government claims it made a mistake in sending thousands of postal ballots to EU citizens living in the UK. The UK Electoral Commission had to admit it sent 3,462 ballots to EU citizens who have no legal right to vote. They claim it was a software error. In the Scottish vote, they had British and EU […]
The job market collapsed in May as the Labor Department reported on Friday that the nation’s economy added only 38,000 jobs. The experts were expecting a modest gain of 150,000 jobs. Additionally, there were actually 59,000 fewer new jobs in March and April than previously estimated. Then, looking closely at the 38,000 new jobs that […]
COMMENT: Here in France, they are blaming this flood on global warming. It seems that anything to do with weather they point to global warming and want more regulation. REPLY: While France’s rainfall levels in May were the highest since 1873, it was the 1910 flood that was the most devastating. Before automobiles, Paris was flooded […]
Claude Frédéric Bastiat (b. 1801-1850) was a French, classical liberal theorist, political economist, Freemason, and member of the French National Assembly whose fundamental ideas have provided a foundation for libertarianism. In economics, Bastiat is remembered for his concept of opportunity cost and for introducing the parable of the broken window or the “glazier’s fallacy.” Essentially, a […]
Well if you live in Portland, you better get your kids out of school. The Portland school board is against free speech. Portland public schools have banned all textbooks that cast any doubt on climate change. They are tampering with free speech and denying any scientific examination by converting climate change into dogma and propaganda. This illustrates […]
