Free Republic

This bubble of government makes all other economic bubbles that have come before seem puny by comparison. Furthermore, this bubble is uniquely world wide. As liquidity is running out and credit is drying up, many nations are in a chain reaction realizing the hot air on which their financial and political systems stand. In any case the dreams of Obama, the RINOs, and the Democrats will become painfully deflated as the era of big government comes to a close. All bubbles come to an end when the liquidity is no longer available. After a certain point the bubble cannot be...

Back in the late 1920's the Federal Reserve reduced the money supply (for their own reasons that probably sounded good at the time) and the result was a loss of liquidity and the Great Depression. But this time it is not the Federal Reserve that is lowering liquidity, it is the Chinese. By withholding the dollars and not sending them back to America through new ious, they have reduced the liquidity available throughout the economy. In effect, China today is filling the role that the hapless Federal Reserve did in the Great Depression. Money is really a loan from the...

This was not just another election. The last time we had a presidential election, the Left tried to get a brazen traitor elected - namely John Kerry. This new President from the Left is even more than that. Obama was no traitor, because he never was really on our side in the first place. His loyalties have always been to his "tribe" of Marxists and the poor dark skinned people of the world. Never before have we had a president who probably wasn't even an American citizen. (If he was a citizen, he would have released his birth certificate. His...

This seems to be the Age of Hostages: The people of Iraq were held hostage by the cruel Saddam Hussein. The civilians of American cities were effectively held hostage by Al Qaeda. The most recent hostage situation was the American pension funds being held hostage by the Washington and New York elite. No doubt it was a tempting prize as so many baby boomers approached retirement. The pension coffers were as full as they would ever be. So when Barney Frank, Obama, Pelosi and various fund managers told us they could save the free market system by destroying it in...

Russian tanks are rolling again, but why now? For one thing, the high oil prices that have propped up the Russian economy are now faltering. The bubble has burst. The Russian stock market (RTS) dropped 25% so far this year. This stock crash is in spite of vast Russian oil profits. With most of the Russian oil money looted from Russia, and now Russian oil prices falling, the economy is suffering. Real estate has been more expensive in Moscow than in anyplace in the world. That bubble too may now change. As Jack said yesterday (8/08) "Russia has no future...

There is a massive transfer of wealth from baby boomers holding stock and interest bearing accounts, from banks and brokers, and from foreign nations holding dollars that have been our main suppliers of oil and other imports. It is also a transfer from people who have been living it up on credit such as mortgages for larger houses than they could afford. The result has been and will continue to be awful for consumers as food and energy prices have risen, but in due time will be terrific for producers such as manufacturers and exporters. It will take a while...

Federal authorities issued a flurry of subpoenas across the city yesterday as they launched a grand jury investigation of disability abuse in the Boston Fire Department, including whether dozens of firefighters faked on-the-job injuries to significantly enhance their pensions, according to several officials briefed on the probe.

Back in late September 2006 in The Partial Assassination of Castro, I presented evidence that Castro had probably been poisoned with a tasteless odorless poison called superwarfarin, had hemorrhaged profusely for a prolonged period, and had been brain damaged in the process. He has been living in a medical version of prison, unable to talk to the outside world lest he embarrass himself, Cuba and the cause of Communism. Since then further evidence has supported that conclusion. Even if Fidel Castro was brain damaged, that did not stop his brother and associates from creating a facade that Fidel was still...

The official statement from Cuba is that Fidel Castro was overworked and required surgery as a result. How fitting for the leader of the Island Workers' Paradise to work himself sick. How noble an illness. Though Castro's actual ailment was declared a state secret, the publicly available information points conclusively to a very different cause for his illness than the official one. If he had an operation, then he should have recovered by now. In the photo below, released on September 1, about five weeks after his illness began, note how pallid Castro is. Many weeks after surgery, he still...

It seems we have been fighting an ever rising tide of ruthless world class criminals and deceivers in positions of wealth and power. Joel Wade has said my articles "give him the willies". I agree. No matter who is elected President, he will have to deal with rogue intelligence agencies, dishonest appointees, corrupt politicians, and outright traitors. Well, here is some good news for once. A new technology is being brought into use that has the potential to revolutionize crime fighting, political battles, intelligence gathering, the war on Islamofascism ... nearly everything that matters to us. When Jack Wheeler disclosed...

Like you, I am studying candidates for president - and have found out some amazing things. On the Republican side, there is quite a pile of dirt - damaging history, criminal behavior, and so on. Relatively little of it is being made public. If I could find it, so can Hillary and the Democrats, and they will use it when it is most useful to them. Until there is a clear Republican front runner, it makes sense for the Democrats to sit on the dirt. They want a vulnerable opponent. The Republicans have the opposite problem. If they bring up...

The initial Chinese reaction to the Clinton double cross was to threaten to launch the “nuclear option” of dumping the dollar.However it was only a few days before it became clear that doing so was equivalent to shooting themselves financially in the foot. Unfortunately for China, the bullet had already left the gun and was rapidly passing through the collective Chinese foot. The scare had precipitated dollar dumping elsewhere in the world markets. Foreign dollar reserves total about 5.7 trillion US dollars, and 65% of foreign reserves are in dollars. China holds about 1.4 trillion, or 25% of the total....

Hillary Clinton has been playing a dangerous game with China. After over a decade of illegal contributions to the Democratic party and special favors by the Clintons, Hillary has turned on her old Chinese friends and sold them out in a desperate bid to win in 2008. The American dollar and economy have suffered collateral damage in this Clinton double cross with China. "Chinagate" was the name for numerous illegal campaign contributions from the PRC to the Democrats that helped them to win the 1996 elections. As you may remember back in 1996, the Clinton administration's apparently traded missile secrets...