Illinois is now regarded as the worst state in the nation, with respect to the prospect of a collapse in state pension. On May 8, 2015, the Illinois state Supreme Court handed down a decision that severely restricts the ability to revise pensions. The court ruled that the Illinois constitution prohibits a 2013 bill that intended to address […]

QUESTION: Hi Marty, The reason central banks like to have inflation, is because they get to reduce the effective value of their respective national debts over time. I do not know why there is a link between inflation and interest rates, which is assumed in BB’s remarks. Is there any basis for that ? Regards […]

The Daily Mail released the numbers, showing all along that this idea of global warming has been just a natural cycle. London used to be horrible to live in during the summer, when the buses spewed out black exhaust. Today all the buses run on electric or natural gas, and to a large extent, the […]

The quest to eliminate cash is all about Negative Interest Rates for as long as cash exists, people would withdraw their money from banks and stuff it in a shoe-box. They use Japan as the argument that virtual zero interest rates for 20 years failed to produce inflation. Hence, their reasoning is you must go […]

As Secretary of State, most people think it is only diplomatic. The Secretary of State is also in charge of selling arms to foreign governments. Hillary Clinton was in charge of rejecting or approving weapons deals. It is no coincidence that her department approved $165 billion worth of commercial arms sales; the countries she approved were Clinton Foundation […]

The decline in the VELOCITY of money is rather alarming. On the one hand, it reflects the declining liquidity within the marketplace from the rising trend of hoarding money from banks (DEFLATION), as well as the overall socialistic trend as government consumes a greater proportion of the economy GDP. Velocity = GDP / Money Supply, if the […]

The National Security Agency (NSA) lost its authority at midnight to collect Americans’ phone records in bulk, after Kentucky Republican Sen. Rand Paul stood in the way of extending the hotly contested program in an extraordinary Sunday Senate session. We should pay attention and vote any politician who renews such powers out of office. The […]

The New York banks have been my adversary, to say the least. Alan Cohen, the court receiver put in charge of running Princeton Economics, was simultaneously on the board of directors of Goldman Sachs. When the SEC said the contempt should end, Cohen lied to the court to keep the contempt going, without even receiving […]

The National Post has reported the sad state of the American legal system – there is nothing left. As they said, “The right to a fair trial just does not exist.” We have reached that point in the evolution of government where the rule of law fades into the night. It is all about corruption; […]

Some people have asked whether there is some legal means to readjust government and hold politicians accountable. There was once upon a time the legal right of Quo Warranto. This is a Latin phrase meaning “By what authority”. It sounds very nice; I even wrote a motion to demand by what authority does a judge have to hold someone […]