That’s the title of an article at American Greatness. I don’t necessarily agree with all the author’s arguments, but he makes an intriguing case that deserves our attention. Here’s an excerpt. The emergence of a cognitive elite, and, for the first time in history, the almost total convergence of intellectuals with the financial elite… Continue reading “Why the middle class is being destroyed”
Tag: Danger
Saturday Snippet: Notes on Inflation
We’ve heard from investment guru John Mauldin in these pages on several previous occasions. He’s one of the few economic commentators whom I read regularly. He’s able to summarize critical issues into a few paragraphs, and make sense of interlocking factors affecting the economic world we live in. In his latest weekly newsletter, titled… Continue reading Saturday Snippet: Notes on Inflation
Colonel Sanders must be spinning in his grave like a dynamo…
At first I couldn’t believe this report wasn’t a joke – but as I read and re-read it, I realized that yes, some people are indeed that stupid. I bet Colonel Sanders never even dreamed of something this daft! The US Food and Drug Administration is warning against a social media challenge which involves… Continue reading Colonel Sanders must be spinning in his grave like a dynamo…
I’m glad I don’t live in Germany right now…
… because the cost of living there is going through the roof. Reuters reports that last month, German producer prices rose by 45.8% compared to August last year. Producer prices for electricity rose 174.9% compared with August 2021 and by 26.4% compared with the previous month. Excluding energy, the year-on-year rise in producer prices… Continue reading I’m glad I don’t live in Germany right now…
“Setting the table for famine”
That’s the headline for an hour-long interview Michael Yon did with Epoch Times a couple of days ago. Unfortunately I couldn’t find a transcript of the interview, but nevertheless I highly recommend watching it. Mr. Yon covers most of the bases during a long and wide-ranging discussion. In particular, note the role of governments… Continue reading “Setting the table for famine”
What do you expect, after you’ve defunded the police?
Clearly, the liberals and progressives who’ve embraced defunding and inhibiting the police and other emergency services didn’t think about how – or whether – they would be able to do their jobs with less funding. New York City first responders are taking longer to get to fires, medical emergencies and crimes in progress. Critics… Continue reading What do you expect, after you’ve defunded the police?
Inflation watch: Argentina as a bellwether for what might happen here
Those of us who’ve lived in high-inflation societies are watching what’s happening today in the USA with a certain cynical sense of déjà vu. We’ve seen it all before. The current effective annual US inflation rate (forget the official numbers – they’re falsified – and look to more authoritative sources such as Shadowstats, or… Continue reading Inflation watch: Argentina as a bellwether for what might happen here
A major canary in the economic coal mine
For those unfamiliar with the use of a canary in a coal mine as a safety device, you can read more about it here. The practice (now discontinued) has become an idiom for an early indicator of potentially serious or dangerous problems. FedEx has just emerged as a major canary in the coal mine… Continue reading A major canary in the economic coal mine
If I worked on the railroads, I’d vote for a strike, too
All the verbal diarrhea spouted by politicians, railroad business executives and others about how a rail strike would be disastrous for the USA ignores a simple reality. Rail staff – particularly engineers and conductors – are so over-stressed, over-worked and under-appreciated that I’m astonished they’ve put up with it for this long. They need… Continue reading If I worked on the railroads, I’d vote for a strike, too
“Wars and rumors of wars … nation will rise against nation”
The headline to this post is, of course, from the Gospel of Matthew, chapter 24, verses 6-7. I’m not saying these are the end times. After all, people have said that since Christ walked the earth, ignoring his own declaration that “about that day or hour no one knows, not even the angels in… Continue reading “Wars and rumors of wars … nation will rise against nation”