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All attempts at central planning (like the Federal Reserve) lead to economic ruin. The planners ultimately drive themselves into a corner, where every single move they make equals economic pain. Nothing that they do takes the pain away, but only increases it further. It has been 100+ years since the immoral and unconstitutional Fed was shackled onto the American citizen. They've destroyed the money, the economy, funded the endless wars, and crushed the American Dream. They will reach the point where keeping this up will no longer be possible.
The news site Axios broke an "exclusive" story this morning that the Trump Administration is negotiating a US foreign aid agreement with Israel that will guarantee US funding for 20 years at an even higher level. Israeli Prime Minister Netanyahu quickly denied the report. What's going on here and how might such a deal affect Trump's wavering MAGA movement? Also today, big time trouble for FBI director Kash Patel. Can he survive the scandals?
Senator Rand Paul tried to warn Congress years ago that pumping a hundred billion into Ukraine with no oversight would not end well. Now we see a massive corruption scandal break out right on the doorstep of the Ukrainian president, Zelensky. Ending the Ukraine war could have easily been done by pulling the plug on the money train. Also today: US House declares war on America's hemp industry.
President Trump welcoming "former" al-Qaeda leader and self-proclaimed president of Syria to the White House has MAGA conservatives steaming. Will Trump's obsessive focus on the US overseas sink Republicans in the mid-terms?
President Trump has touted a solution to the housing affordability crisis: 50 year home mortgages, but is this just effectively a "you'll own nothing and be happy" strategy? Also today: Russia considering Venezuela's offer for assistance as the US continues its military show of force.
By Ron Paul
I recall when then-President Barack Obama was planning to send troops to enforce his “Assad must go” policy in Syria, many Republican US Senators passionately argued that the US President must come to Congress for approval before sending US troops into combat overseas. At the time, they portrayed themselves as brave defenders of the US Constitution. Last week, when the Senate held a vote to remind President Trump that he is required to seek approval from the Legislative Branch before launching an attack on Venezuela, only two Republican Senators stood up to defend the Constitution. Why? Perhaps because a Republican President was now in office. According to Politico, war-enthusiast Senator Lindsey Graham went so far as to say that Congress can’t “substitute our judgment” for the president’s when it comes to the decision to attack Venezuela. The Senator needs a refresher course in high school civics. The US Constitution requires Congress, as the branch most directly accountable to the people, to substitute its judgement for the president’s when it comes to warmaking! We fought a war against George III to negate the ability of a king to take the people to war on his whim. Now, Congress scrambles to abrogate that hard-fought achievement in the name of political expediency. While the DC foreign policy blob – made up of both parties – is always pro-war, with each election we get a charade that one party or the other is standing up for the Constitution by challenging a president of the other party on war powers. Why not stand up for the Constitution regardless of who the President may be? The truth is, these days most Members of the House and Senate hold their heads down, follow their leadership, and enjoy that 97 percent incumbency reelection rate. After all, making waves by standing up for the Constitution can cost you your seat. You might even find yourself in a position where a President from your own party raises millions of dollars to try and get you ousted. In an excellent recent essay in The American Conservative, George O’Neill Jr. recounts the current round of pro-war lies being bandied about to gin up support for a war on Venezuela. There are “narco-terrorists” threatening the US! Hezbollah is training in the Venezuelan jungles! Maduro is in league with Hamas! We’ve heard it all before. The sinking of the USS Maine. The “domino theory.” Babies ripped from Kuwaiti incubators by Saddam’s stormtroopers. WMDs. Assad’s gas attacks. And so on. All lies, and as O’Neill writes, the interventions they spawned have all turned out to be devastating, expensive failures. We’ve gone from six trillion dollars in debt at the beginning of the war on terror to 38 trillion dollars today. The global US military empire cannot continue if we want to keep our country. Benjamin Franklin famously said “a republic if you can keep it” when asked what kind of government the Framers of our Constitution had created. But the Republic cannot be held together by magic or good luck. “If you can keep it,” means representation by men and women of good moral character who put the interests of their constituents and their country before their political party or the President. And it requires a population willing to stand up to propaganda and politics to elect such good people and hold them to account.
There's a stark disconnect between the Trump Administration's description of the economy and the economy that we all live in. There are some things that can't be faked. We pay our bills. We see our bank accounts, and credit card accounts. We don't need the president, or the media, to tell us that "inflation is dead." Inflation is not dead! Yesterday, it was reported that monthly layoffs from October were the highest total in 22 years! President Trump was elected to deliver a smaller government with less spending and debt, and an end to the wars. He has done the opposite on all fronts, and the battered economy is reflecting his decisions.
The anti-Trump Politico has officially labelled President Trump a "lame duck" president after across-the-board electoral defeats this week. Is the vote a harbinger of what it to come for Republicans next year, or can Trump's involvement keep a GOP majority in Congress?
World-renowned speculator and libertarian philosopher Doug Casey joins today's Liberty Report to discuss his new book, The Preparation: How To Become Competent, Confident, and Dangerous.
It is the insanity of US foreign policy in a nutshell that self-styled Syrian president Ahmed al-Sharaa is to be welcomed to the White House. Just before his (US-aided) rise to power in Syria last year he was head of the local al-Qaeda branch in Syria. Before that he worked with al-Qaeda in Iraq and is responsible for the death of numerous US service members.
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