#Arkhaven INFOGALACTIC #Castalia House
Vox Day interviewed John Williams of Shadowstats on April 26, 2009. As of February 2010, his alternate statistics reported -4.5% GDP, 9.8% CPI-U, 21.2% unemployment, and -2.5% M3 for the U.S. economy. What is your basis for believing the official statistics underestimate unemployment and inflation? I’ve been a consulting economist for more than 25 years. […]
Carbon dioxide is “a dangerous pollutant“: Officials gather in Copenhagen this week for an international climate summit, but business leaders are focusing even more on Washington, where the Obama administration is expected as early as Monday to formally declare carbon dioxide a dangerous pollutant. Consider the following chain of logic: 1) Environmentalists and progressives believe […]
This time, it’s in New Zealand: The New Zealand Government’s chief climate advisory unit NIWA is under fire for allegedly massaging raw climate data to show a global warming trend that wasn’t there. The scandal breaks as fears grow worldwide that corruption of climate science is not confined to just Britain’s CRU climate research centre. […]
Perhaps the Fort Hood murders are unrelated to the Global Struggle Against Violent Extremism and it’s just another disgruntled postal worker or three run amok, but it would appear that after only eight years, the terrorists have finally figured out the flaw in the clever Rumsfeldian strategy of fighting them there so we don’t have […]
The Return of the Great Depression It can quite reasonably be said that at no point in economic history has technical knowledge ever been less relevant to being a good economist than today. Mainstream economics is in complete disarray. In the UK, economists are reeling in shock as their predicted third-quarter recovery has failed to […]
This is the official starting gun for the Amazon book bomb for The Return of the Great Depression. If you’re interested in buying it, either for yourself or for someone else, I’d encourage you to order a copy from Amazon in the next 12 hours. Its initial ranking was 19,795 overall and 50 in Economic […]
Someone really needs to tell the old coot to stop babbling about anything but biology and atheism. As I demonstrated in TIA, the man simply doesn’t know a damn thing about history: HH: Well, you repeatedly use the analogy of a detective at a crime scene throughout The Greatest Show On Earth. But detectives simply […]
Karl Denninger explains why the inflate-and-grow strategy cannot work in the current situation: In 1933 Roosevelt devalued the dollar to get out of this death spiral. He was able to do so because the dollar was linked to gold, and thus he could simply sign a document and change the exchange rate, at the same […]
The New York Times lobbies for Ben Bernanke’s second term as Chairman of the Federal Reserve Board of Governors: Fellow economists, however, are heaping praise on Mr. Bernanke for his bold actions and steady hand in pulling the economy out of its worst crisis since the 1930s. Tossing out the Fed’s standard playbook, Mr. Bernanke […]
Setting aside the hidden birth certificate, how old is Obama anyhow? A new wrinkle in the dispute over his birth – and whether he is eligible to be president under the U.S. Constitution’s requirement that the president be a “natural born” citizen – appeared today when Obama’s official MySpace page declared his age is 52, […]