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Bank Bailouts

Item One: In 1970, the people of Chile voted in the first Marxist president in Latin America by popular vote, Salvador Allende. This delusional moron proceeded to crash Chile’s economy by nationalizing banks, mining, education, and healthcare, seizing and...

High Taxes in the West Means China Wins

Doug Casey lays out yet another reason for China’s rise in a way I hadn’t considered… Take an American and a Chinese, each with a dollar. Say both are equally smart and hardworking, and each is able to double his dollar every year—2, 4, 8, 16… The...

The Viking Ship Analogy

Our society is a Viking ship. 100 of us are in the bowels of the ship, with oars in our hands, tasked with moving the ship forward. In the front of the ship, about five people are constantly rowing very hard, sweating, sore, teeth gritted. They row endlessly,...

When Taxes Go Up, Rich People Leave

The right-wing conservatives have many fantasies. Muslims will embrace democracy if you invade their countries. Forever monogamy works, as long as you find the right girl. Voting for Republicans will make goverment smaller. People will use less marijuana if you make...

It’s Not Capitalism, It’s Corporatism

Today, I’m going to describe what is perhaps the largest single lie of modern-day Societal Programming. So successful is this lie that I would guess that a billion people, yes, a billion people believe in it. This lie has been building slowly since around the early...