by Justin Raimondo, April 17, 2009
Speaking at one of many “tea party” anti-Washington protests held throughout the country on April 15, Texas Gov. Rick Perry touched on a theme that could, I believe, prefigure a growing trend in American politics – and, indeed, throughout the world. He hit all the partisan talking points that are so familiar to my readers that I won’t bother reiterating them, and then remarked that Texas is doing relatively better than some other states, in spite of the “federal budget mess.” According to the Dallas Morning News, at this point “some in his U.S. flag-waving audience shouted, ‘Secede!’” The Governor took up this theme in remarks to reporters afterward: Read the rest of this entry »
One of the most bothersome questions from 2005 to 2007 used to be whether the Untied States would ultimately submit to inflation or deflation. This is actually the wrong question. Many analysts in my view are incorrect in their conclusion that the US suffers from a powerful deflation episode, since they endorse the wrong definition, confuse effect with cause (as usual), do not properly monitor the money flow, and then draw improper conclusions from prices. They suffer from a type of Keynesian Tunnel Vision. They are confused, and fail to adapt certain key measures after the financial sector highjacked the entire national system in the last two decades. 
In These New Times 