MCViewPoint

Opinion from a Libertarian ViewPoint

War on Gaza: Blood mixed with flour as Israeli kills Palestinians receiving food

Posted by M. C. on November 16, 2024

Air strikes hit civilians seeking aid in so-called ‘humanitarian zone’

Israeli forces have killed more than 43,700 Palestinians in Gaza since October 2023, including over 17,000 children and nearly 12,000 women, according to the health ministry and local officials. Thousands more are missing and presumed dead under the rubble.

https://www.middleeasteye.net/news/palestinians-seeking-food-killed-israeli-strikes-gaza-humanitarian-zone

By Ahmed Aziz in Khan Younis, occupied Palestine and Lubna Masarwa in Jerusalem and Nader Durgham

Published date: 14 November 2024 06:39 GMT | Last update:1 day 3 hours ago

Editor’s note: This articles contains a photo that may be disturbing to some readers

Israeli forces killed several Palestinians seeking food supplies in the Gaza Strip’s so-called “humanitarian zone” earlier this week, rescuers and relatives of victims told Middle East Eye.

The deadly air strike had struck a tuk-tuk vehicle near an aid distribution point in the Miraj area north of Rafah.

Disturbing images from the scene show victims’ blood mixed with flour on the floor.

Ziad Farhat, the director of rescue teams in Rafah, told MEE the area where the people were hit is within Israel’s so-called “humanitarian zone”, which is supposed to be safe for displaced people. 

“From what we are seeing as rescue teams, there is no such thing as a humanitarian area,” Farhat said.

Mohammad Abu Armana, a journalist volunteering with Gaza’s civil defence, said the road where the strike took place was regularly used by civilians travelling between Khan Younis and Rafah.

While the civil defence repeatedly warned people against heading to Rafah where it is too dangerous, some still go to check on their homes, Abu Armana said.

Israeli forces killed at least 400 aid seekers in Gaza earlier this year in various air strikes and also bombed aid distribution centres.  

They have also repeatedly forced people to flee to certain zones with the promise of safety, before bombing them and killing them in their makeshift tents. 

‘What humanitarian area?’

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Corporate Media Angst-Stricken Over RFK Jr. as HHS Boss, Pharma Stock Tanks

Posted by M. C. on November 16, 2024

If you cut through the BS, eventually you get to the real fear, which is that Pfizer stock might not be as lucrative as it was when the Brandon entity’s handlers were forcing everyone in the country to submit to their injections passed through the regulatory process via fraud and pseudoscience.

By Ben Bartee

The Daily Bell

Originally published via Armageddon Prose:

“You gotta operate the easy way
‘I made a G today’
But you made it in a sleazy way
Sellin’ crack to the kids
‘I gotta get paid’
Well hey, well, that’s the way it is”
-Tupac on Big Pharma

Heavens to Betsy!

Who could have guessed that legacy media, Great Respecter of Democracy™, might not take well to the cabinet appointments of the man who won a landslide mandate from the people?

Virtually every article on this topic in legacy media follows the same formula:

·       RFK Jr. is a dangerous vaccine denialist

·       Some NGO asshole, probably getting paid by Bill Gates or similar interests, is worried the babies might not get all 72 of their CDC-recommended injections straight out of the womb

·       Another random community college professor, excited to be quoted by CNN (I made it, Mom!) on such a grave matter of import, is also very concerned

·       In addition to his anti-vaxx wrongthink, RFK Jr. bitterly clings to wild ideas like toxic industrial waste products dumped into the water supply with no informed consent from the public might not be ideal policy

·       He also once chopped a whale’s head off

None of this lazy smearing of their political opponents worked to keep Trump out of office — if anything, it had the opposite effect of making him more sympathetic because 90% of the public at this point hates legacy media and knows they lie — why would it work now?

Related: Did Populist Rage at Big Pharma Fuel Trump Victory? Election Data Indicates Maybe

But let’s not intervene on behalf of the corporate media mid-suicide.

Instead, let’s cheer as they condemn themselves further to irrelevancy.

Via The Guardian (emphasis added):

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“NAFTA Fever” and the Myth of Government-Created Free Markets

Posted by M. C. on November 16, 2024

Those defending markets should not fall into NAFTA fever, into a dogmatic orthodoxy whereby they defend NAFTA and the illusion of a free market victory. These were never free market victories, but intervention dressed in the garb of market rhetoric. We should not be jumping to the defense of the results of interventionism. Interventionism causes a death spiral of failure and continually worse social conditions.

How can you call documents that are thousands of pages, with requirements for environment, inclusion, wages and whom you are NOT ALLOWED TO TRADE WITH free market?

https://mises.org/mises-wire/nafta-fever-and-myth-government-created-free-markets

Mises WireDavid Brady, Jr.

Left or right, the enemy is the free market. Every problem is the fault of the free market. On the left, the supposed radical deregulation of the 1980s paved the way for the financial crisis and the destruction of the environment. On the right, free trade is responsible for the gutting of manufacturing. The free market is made out in this mythos to have had its heyday in the 1980s and ‘90s and destroyed everything. Even free market advocates fall into this trap, saying that this time in the near past was a free market victory. The results—they try to argue with the market critics, but they agree with the causal analysis: Markets won! Hooray!

The fact is that all three of these groups are wrong. There was no American market revolution in the ‘80s.

It is important to make note of the rhetoric of American life up until the 1980s. American life at the beginning of the 1930s was introduced to the message of “market failures” that justified the New Deal. By the end of the 1940s, Americans were thrown into the Cold War, where all of American life was defined by a battle between “American Capitalism” and “Soviet Communism.”

Paying lip service to the free market was easy. Fusionism became the default conservative ideology, the mixture of so-called “fiscal conservatism,” the “moral majority,” and hawkish foreign policy. The hawkish foreign policy—the boogeyman of National Review—was bearing the brunt of the load. As Buckley put it

We have got to accept Big Government for the duration [of the Cold War]— for neither an offensive nor a defensive war can be waged…except through the instrumentality of a totalitarian bureaucracy within our shores.

“Fiscal conservatism” was cast aside in the name of fighting the Soviet menace, but it was in the name of capitalism because everything was done in the name of fighting communism. Every American who bought into the existential crisis of Cold War rhetoric could be coaxed into supporting any policy in the name of capitalism and free trade. So when politicians wheeled forward thousand-page treaties with import/export quotas, environmental regulations, and currency price controls under the name of “Free Trade Agreements.” No wonder the American people got behind it.

No wonder free trade got stuck with the blame. It is an age-old tactic to give bills positive names while they have the opposite effect (e.g., the Inflation Reduction Act). Who would oppose the “Giving Puppies Good Homes Bill of 2024”? At the end of the Cold War, who would oppose a supposed free trade agreement with our fellow capitalist allies?

With the backing of the tail-end of the Cold War market-rhetoric and every Cold War “free enterprise” think tank, we were given NAFTA. Rothbard himself lamented the rise of NAFTA fervor in every so-called “free market think tank.” He wrote in his essay “The NAFTA Myth”:
 

For some people, it seems, all you have to do to convince them of the free enterprise nature of something is to label it “market,” and so we have the spawning of such grotesque creatures as “market socialists” or “market liberals.” The word “freedom,” of course, is also a grabber, and so another way to gain adherents in an age that exalts rhetoric over substance is simply to call yourself or your proposal “free market” or “free trade.” Labels are often enough to nab the suckers.

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Trump’s Hegseth Caper and the Delusion of ‘Peace Through Strength’

Posted by M. C. on November 16, 2024

by David Stockman

Yet what this insensible pick also shows, if any more proof is needed, is that Donald Trump is a clueless, lightweight political demagogue who has no intention of bringing the Empire Home. Nor does he have the remotest chance of making the American economy great again. That’s because if you don’t dismantle the war machine and slash the hideously bloated national security budget by upwards of $500 billion per year, the already debt-saturated US economy is going to be KO’d by an exploding public debt.

https://original.antiwar.com/David_Stockman/2024/11/14/trumps-hegseth-caper-and-the-delusion-of-peace-through-strength

Well, you can say this much about the Donald’s off-the-wall pick of Fox’s weekend news commentator, Pete Hegseth, for Secretary of Defense: At least it wasn’t a hard-core neocon like House Armed Services Chair Mike Rogers (R-Ala), Sen. Joni Ernst (R-Iowa) or the horrid Senator Tom Cotten of Arkansas. Better a cheerleader for patriotism and valorization of the military than war-mongering interventionists like those three blemishes on the Republican brand.

Well, maybe. Yet what this insensible pick also shows, if any more proof is needed, is that Donald Trump is a clueless, lightweight political demagogue who has no intention of bringing the Empire Home. Nor does he have the remotest chance of making the American economy great again. That’s because if you don’t dismantle the war machine and slash the hideously bloated national security budget by upwards of $500 billion per year, the already debt-saturated US economy is going to be KO’d by an exploding public debt.

For want of doubt, however, here is the Donald’s rationale for selecting a guy to run the $1 trillion/2.9 million employee Pentagon who has never managed anything bigger than a household of three successive wives and the accumulation of seven kids:

“Nobody fights harder for the Troops, and Pete will be a courageous and patriotic champion of our ‘Peace through Strength’ policy… Pete has spent his entire life as a Warrior for the Troops, and for the Country… With Pete at the helm, America’s enemies are on notice – Our Military will be Great Again, and America will Never Back Down.

What unmitigated breast-beating rubbish!

For crying out loud, the last thing America needs is another Warrior for the Troops. Instead, what it really needs is a Fearless Slayer of the sacred cows and obese pigs of the military/industrial complex who gorge themselves at the Pentagon’s trough.

Likewise, the pointless, costly Forever Wars stem from too much of the false “strength” of a globe-spanning War Machine that thrives upon inventing enemies, exaggerating threats to national security and provoking conflicts. We are referring, for instance, to the Washington-funded and orchestrated coup in Ukraine during February 2014 that deposed a duly-elected, Russia-friendly President and fostered the hellacious civil war now raging in Ukraine.

The fact is, the very slogan “peace through strength” is a vestigial relic of the Cold War. In today’s world it is utterly irrelevant because subsequent to the Soviet Union’s disappearance into the dustbin of history there remains no rival military superpower which poses a remote threat to the liberty and security of the American homeland. In the year 2024 America doesn’t need “strength” to deter hostile like-sized enemies because, well, there are none.

So today’s $1.4 trillion national security budgetincluding $70 billion for foreign aid and operations and $380 billion for the deferred cost of the Forever Wars in the form of veterans benefitsis a colossal, unaffordable waste. And it is the preponderant source of the very thing which Washington should be backing down fromnamely, the America’s existentially threatening runaway public debt.

That figure was $1 trillion when Ronald Reagan took office; $19 trillion by the time the Donald stumbled into the White House; stands at $36 trillion today; will top $60 trillion by the end of the next decade based on current built-in spending and borrowing; would exceed $70 trillion by the same point (2034) under the sweeping tax cuts and spending increases already proposed by the Donald; and will hit $150 trillion by mid-century under the CBO’s latest Rosy Scenario outlook.

Yet the Donald chooses to appoint to the single most crucial fiscal job in the entire Federal government a flag-waving champion of military glory. And one who is also an ill-informed hawk who foolishly thinks America is imperiled by enemies on every side and that we can bomb our way to safety, even in the case of a third-rate power like Iran that poses no military threat to the American homeland whatsoever.

Nevertheless, Hegseth sounded like Curtis LeMay in an interview during the Donald’s last stint in the Oval:

After the Soleimani assassination, Pete Hegseth called on Trump to bomb Iran’s energy production facilities, ports, and nuclear facilities. He said Trump should even bomb mosques, hospitals, and schools if deemed necessary.

More importantly, his top priority seems to be rooting-out DEI and wokish nonsense from the armed forces:

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Schiff: Powell Can’t Address Stagflation

Posted by M. C. on November 15, 2024

Tyler Durden's Photo

by Tyler Durden

Friday, Nov 15, 2024 – 07:20 AM

Via SchiffGold.com,

At Thursday’s Fed press conference, Powell dodged a question about the possibility of stagflation. Peter sees this as a major gaffe:

He [Powell] kind of says, “Well, our plan for stagflation is to hope there is no stagflation.”

They’ve got no plan. That’s why they hope it doesn’t happen.

Schiff’s assumption is that a Fed plan is not worse than doing nothing.

https://www.zerohedge.com/markets/schiff-powell-cant-address-stagflation

Peter caps off a very newsworthy week, in which the decisive Trump victory shocked the media class and another Fed rate cut was announced. Peter analyzes both events, arguing against the unbridled economic optimism of Trump’s supporters and criticizing Jerome Powell’s stance on Fed independence and his alarming lack of concern for a future of stagflation.

Peter starts by highlighting the inconvenient trade-off between taxes and government spending. Trump promises new tax cuts, but these will need to be offset by spending cuts, lest the national debt balloons even further out of control:

Trump would have to maybe have a fireside chat in front of the American public and level with them.

He can say, when I was running for president, I promised a lot of things.

I promised a lot of tax cuts… we really need higher taxes if we can’t get some serious cuts in spending.

And so that’s what we’re going to try. I’m going to ask Americans to pitch in and tighten their belts.

While both the Republicans and Democrats like to take credit for for the country’s economic growth, the reality is that much of this “growth” is an artificial boom induced and sustained by decades of expansionary monetary policy by the Federal Reserve:

The problem was we didn’t have a strong economy. We had a bubble. We had a fragile economy.

In fact, we’ve been blowing a bubble in this economy ever since the 1990s. Greenspan is the architect of this house of cards.

He’s been blowing all the air in and every president going back to Clinton has been hiding behind his bubble and has been taking credit for the fake economic growth that has been a consequence of this ever-expanding bubble.

With the stock market lifted by Trump’s success, Peter argues the best time to switch into US equities is when the aforementioned bubble pops. It’ll be painful in the short-term, but that’s when stocks will be a bargain:

The time to load the boat with US stocks is not when they’re historically expensive. I’m waiting for blood in the streets. I want the collapse to happen…

Now, I know when we initially do that and the economy is in recession and everybody is pessimistic, that’s when I’m going to be optimistic, because I’m going to know that this is the bitter tasting medicine that we should have swallowed a long time ago.

Pivoting to the Fed rate cut, Peter points out that the Fed may have cut rates by less than they would have had Kamala Harris been elected instead of Donald Trump:

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Exempt the Amish

Posted by M. C. on November 15, 2024

Lawmakers should repay the Amish for serving our country by exempting them from selective service.

https://crisismagazine.com/opinion/exempt-the-amish

It was a humbling experience getting to know some of the Amish voters who helped propel President-elect Donald Trump’s historic comeback victory. In a way, it was like feeling my mind and my heart grow larger inside me through no virtue of my own. I’ll never forget the gratitude I feel toward them; and I believe the Republican Party—and the whole nation—should never forget either.

On the surface, we have nothing in common. I come from a long line of soldiers. My grandfather was an infantryman in World War II. My father, my brother, and I also served in the infantry. My son fought in Syria and Iraq against ISIS. My youngest boys, still in school, are preparing to serve our country too. I put a high premium on military service; and, frankly, I consider it the duty of every Jones boy to enlist.

So that’s this Trump supporter’s background. What strange events could place me in the same room as Amish farmers and tradesmen in the lead-up to the 2024 election?

Trump’s reelection was historic in a million ways, but one of the most historic aspects of the story was how the Amish were drawn into the action. Many of them voted for Trump overwhelmingly, after centuries of their community abstaining from the electoral process.

The absolutely unprecedented Amish vote, particularly in the decisive battleground state of Pennsylvania, would never have been possible if it weren’t for Trump’s own brave decision to stand against the military-industrial complex as it brought us to the precipice of worldwide conflict.

So, what drew the Amish out? Well, the heroic work of pro-Trump activist Scott Presler in Pennsylvania in alerting the Amish to the importance of this election can’t be overstated. But even more fundamental was the persuasive argument—the truth—that Presler was able to tell them.

Trump promised solidarity with the people of Gaza. He promised a preference for peace in Ukraine if reelected. The Amish’s decision to cast their votes ultimately came down to their own aversion to the prospect of the global war that the Democratic Party’s presidential ticket showed every sign of bringing about.

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Department of Education & The GAO; Audits & Incompetence

Posted by M. C. on November 15, 2024

As a former CPA/Comproller/Finance Director – we used to joke about small corporations hiring their wife’s, sister’s best friend who knew someone who took a couple bookkeeping classes in high school.  To save money.   But we are talking about our Federal Government hiring incompetents who have never actually worked in any capacity as an accountant – running the financial apparatus of our entire COUNTRY.

by Helena

The Liberal left are miserable given Trump’s statement regarding his desire to eliminate the Department of Education;  children will have no schools – there will be no money for special needs – our education system will collapse…   It already did.

The Department of Education:  Their last audit for September 2023 financial statements was a disclaimer –  “KPMG has not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion because of unresolved errors KPMG identified in the underlying data, we do not express an opinion”. 

In the world of accounting this means KPMG, the auditor, is covering their arse because the financials are ‘misleading and/or unrepresentative of truth’.  The Financial Statements did NOT delineate expenditures – in any definable mode.   Although it did assign $812 million to ‘unknown and improper loss to Taxpayers while identifying “Climate Related Financial Risk”  

They spent $100 million on ‘equity’ K thru 12.  Their largess liability is loans which is what they owe back to the Treasury for over-spending.   Their largest Receivable is student loan debt which they are cancelling.  Meaning they could effectively add an additional $1.3 trillion to the Treasury Deficit if they successfully write-off their entire Asset Base.

Income and expense statements typically provided in every financial report are non-existent, MIA.   There is no breakdown of departmental use of funds – which could be a huge basis for KPMG refusing to grant them an audited opinion.  They Are Rogue.  And ANY low life accountant would fear having ANY relation with such a dervish entity given liability and LAWSUITS.

The entirety of their Assets are based on Loan Receivables to students which continue to be forgiven under the Biden Regime.  In 2023 that amount was $94 billion.   The Department’s appropriation of $881 billion in CoVid funds represents nearly 1/5 of the total $5 trillion.  $6.4 billion of CoVid aid was sent overseas.  CoVid funds cannot be traced or accounted for – by the Government Accounting Office.

The government being handed to Trump is a veritable Financial nightmare – MESS.  More than we can possibly realize – it is based on fraud.    Every agency tied to The West is based on Fraud (including NATO which I previously posted in a blog).   The money doesn’t exist.  The debt is likely 500times what is revealed as a direct result.   The US is literally well beyond broke and is hoping to blame it on Trump when reality sets in.

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Realistically, What Are Trump’s Chances to Make American Great Again?

Posted by M. C. on November 15, 2024

In my day the US Treasury Department was a policy organization. Today it is a police agency at work imposing sanctions and stealing the central bank reserves of  “enemies.”

When I was in the US Treasury, I had to tell my executive secretary that I did not want any more appointments with lobbyists telling me how I was to formulate policy to serve them.

Being of years of experience, she told me: you won’t get the directorships, you won’t get the consultant fees. I told her I was there to serve the president and that was our job.

No, MAGA Americans, I am not a party pooper. I am a realist.

No, I am not trying to make Trump look bad. I was Trump’s defender against all the false accusations and indictments. I insisted that we had to stand up for Trump and elect him or never again would a presidential candidate take the side of the people against the Establishment.

I warned over and over that Trump does not know Washington, and he has again proven me correct with his appointments of a war cabinet of Washington insiders, with no executive authority for Elon Musk and Robert F. Kennedy, Jr.

Today (November 13) Trump’s announcements of appointees was a little better in the cases of Tulsi Gabbard and Matt Gaetz.  When I say a little, I don’t imply any criticism of these two  Americans. In Gabbard’s case, I don’t know what the executive power of the Director of National Intelligence is. Is Gabbard above the CIA, NSA, State Department, or is she a coordinator of information that she does not originate and control?

The Director of National Intelligence is a cabinet-level agency or department created in 2004 during the orchestrated hysteria of “Muslim terrorists.” It advises the president, the National Security Council, and the Homeland Security Council. Apparently, it has taken over the CIA’s function of providing the president’s daily briefing. Where it gets its information from is unclear. Is the National Intelligence Agency just a mouthpiece for the CIA?

Regardless, Tulsi Gabbard’s voice is important, and the position gives her a voice.

The same for Matt Gaetz’s appointment as US Attorney General. Gaetz is no milk toast. He is a strong individual, the kind of person needed in such a critical office. My question is: does he have the seasoning. I certainly don’t object if he does.

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Freedom and Property: Hans-Hermann Hoppe Talks About the Essence of Anarcho-capitalism

Posted by M. C. on November 14, 2024

by Stephan Kinsella on November 4, 2024

If you wait a minute the main interview is in English

The following interview, conducted by prominent Mexican journalist Sergio Sarmiento, took place in conjunction with the “Una vida por la libertad” award ceremony in honor of Hans-Hermann Hoppe in Mexico City on October 10, 2024. (Hoppe Receives Caminos de la Libertad “A Life for Freedom” Award.)

Libertad y Propiedad: Hans-Hermann Hoppe habla sobre la esencia del anarcocapitalismo (Freedom and Property: Hans-Hermann Hoppe talks about the essence of anarcho-capitalism)

Shownotes:

Philosopher Hans-Hermann Hoppe reflects on the importance of freedom in an era in which equality is considered a priority for many. For Hoppe, true freedom depends on private property, which allows people to act without restrictions from others. In this conversation, he also explains anarchocapitalism: a society governed solely by private law, without State intervention. Furthermore, it offers a critique of the policies of Javier Milei, who has presented himself as an anarcho-capitalist. Could there really be a society without a State?

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All States Are Empires of Lies

Posted by M. C. on November 13, 2024

Casey’s sound advice is that to be a good citizen one needs to “become your own economist.” Don’t rely on the state’s mouthpieces in the “media” or even academe for your economic knowledge. Educate yourself to some degree; it doesn’t take a university degree.

A footnote to your vote, whomever it went to.

By Thomas DiLorenzo

https://mises.org/mises-wire/all-states-are-empires-lies

This article is a version of a speech delivered at the 2024 Mises Institute Supporters Summit.

“Most economists are political apologists masquerading as economists,” wrote Doug Casey in one of his columns. “They prescribe the way they would like the world to work and tailor theories to help politicians demonstrate the virtue and necessity of their quest for power.”

Moreover, wrote Casey, “The field of economics has been turned into the handmaiden of government in order to give a scientific justification for things the government wants to do.” This of course is not a new development. Ludwig von Mises was calling the universities of his day “nurseries of socialism” but, thankfully, there is always a remnant of students who resist the statist brainwashing. The above quote about concocted “scientific” justifications for interventionism and socialism, by the way, sounds like a precise definition of Keynes’s General Theory

Casey’s sound advice is that to be a good citizen one needs to “become your own economist.” Don’t rely on the state’s mouthpieces in the “media” or even academe for your economic knowledge. Educate yourself to some degree; it doesn’t take a university degree. Indeed, everything we do at the Mises Institute is geared toward helping anyone anywhere to become their own economist (preferably Austrian School and not Keynesian or Post Keynesian!) and avoid being bamboozled by the state and its court historian economists. 

Mises never joined the American Economic Association, the association of academic economists founded in the 1880s. The association’s founding document provides a clue as to why. “The state is an educational and ethical agency whose positive aid is an indispensable condition of human progress,” the document purred. “The doctrine of laissez faire,” on the other hand, “is unsafe in politics and unsound in morals,” said the statist moral scolds who founded the American Economic Association.

There are exceptions, the Austrian School economists being the most prominent, but the majority of academic economists view themselves as advisors or potential advisors to the state. They are Rothbard’s “court historians” with degrees in economics instead of history. The role that they serve is the same as all “intellectuals” in our almost 100 percent state-funded universities. As Rothbard put it: “The majority [of the electorate] must be persuaded by ideology that their government is good, wise, and at least inevitable. Promoting this ideology . . . is the vital task of the ‘intellectuals.’” In return, the “intellectuals” are given government jobs, grants, placement at prestigious universities, book deals, and myriad other political payoffs. (Mises wrote that history, law, and economics are the disciplines most widely used to bamboozle the public about the supposedly good, wise, and inevitable state).

Take the Fed – please (as Rodney Dangerfield would say). Economist Larry White published a journal article several years ago that revealed that about 75 percent of all articles published in academic economic journals on the subject of monetary policy are published by economists who are in some way associated with the Fed. As Milton Friedman once said, “If you want a career as a monetary economist it is best not to criticize the major employer in your field.” And so they do not. 

If there is ever any criticism it is always constructive criticism about how to supposedly become even better at central planning. Most Americans are rationally ignorant of the Fed, and what little they do know about it is overwhelmingly shaped by the Fed’s “court historians,” especially the ones who teach economics at colleges and universities. The Austrian economists (but not all of them) are the only ones to challenge the existence of the Fed and call for its abolition. 

In addition to being the federal government’s legalized counterfeiting arm, the Fed is also another appendage of the government’s massive propaganda apparatus. The laughingly labeled “independent” Fed’s research, according to economist Emre Kuvvet writing in The Independent Review, increasingly focuses on “climate change, gender, race, and inequality” – the “woke” political agenda of the Democrat party. The one true statement that Joe Biden made as president was “It’s not Milton Friedman’s Fed anymore.”

The New York Fed has always been considered to be the most powerful and influential of all the Fed branches. Its homepage defines its mission as a “desire to root out the intolerable inequities and injustice grounded in systemic racism . . . steadfast in our commitment to work for a more equitable economy and society.” A clearer definition of socialism would be hard to find.

Kuvvet found that of all the employees of the Fed’s Board of Governors there are 97 Democrats and 2 Republicans. “Leadership positions” on the Board consist of 45 Democrats and 1 Republican. As I said, it’s just another D.C. government propaganda mill. 

Some Examples of the Empire of Economic Lies

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