Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Category Archives: History

Voters Turning Democrat Blue Wave Hopes into Disaster

This article was published by The McAlvany Intelligence Advisor on Friday, October 12, 2018: 

The Democrats not only expect to take back control of the House of Representatives in the November midterm elections, they’re already planning what to do when they do: impeach the president, continue to investigate Kavanaugh, repeal Trump’s tax reforms, and raise taxes. They think they will turn between 30 and 50 seats from red to blue.

After all, they have history and The Cook Political Report on their side. History says that the party occupying the White House will lose seats in the midterms, especially if it’s the president’s first term, and especially if his approval rating is in the 40s or lower. According toCook, 38 Republican-held seats are rated as “toss-up” or worse, with another 27 seats in the “lean Republican” category, meaning Republicans have a tentative advantage but the races are competitive. According to Dan Balz, writing in the Washington Post, “The party that holds the White House almost always loses seats in midterm elections, especially during a president’s first term, and especially when a president’s rating is below 50 percent.”

Almost always.

The Democrats’ biggest enemy is themselves. First,

Keep reading…

Kavanaugh Hearings Blunted Democrat “Blue Wave”

This article appeared online at TheNewAmerican.com on Wednesday, October 10, 2018:  

Disgust over how the confirmation hearings of Justice Brett Kavanaugh were handled by Democrats on the Senate Judiciary Committee is just now showing up in polls taken following those hearings. CNN’s poll released on Monday showed severe damage being done to the most critical part of the electorate the Democrats were hoping to capture in the upcoming midterm elections: independent voters. When asked, “Do you approve or disapprove of the way the Democrats in the U.S. Senate handled Kavanaugh’s confirmation hearing?” 58 percent of independent voters disapproved, compared to just 30 percent who approved — a jaw-dropping 28-percent margin.

An NPR/PBS NewsHour/Marist poll taken during the hearings showed

Keep reading…

Investors Remember William McChesney Martin, and Sell

This article was published by The McAlvany Intelligence Advisor on Monday, October 8, 2018:  

William McChesney Martin served as the ninth and the longest-running chairman of the Federal Reserve, from April 1951 to January 1970. He served under five presidents. But when people think of him, they remember him saying that:

Our purpose [at the Fed] is to lean against the winds of deflation or inflation, whichever way they are blowing.

 

The Federal Reserve … is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.

It’s not known if he was trying to be funny or merely ironic. But history records that the last 12 economic U.S. expansions were doused when the Fed raised interest rates, ending the parties.

The current Fed chair, Jerome Powell, is in full party mode. Last week he made an astonishing four public appearances, serving as the Number One (well, Number Two) cheerleader for the Trump economy. He called the economy “remarkably positive,” “extraordinary,” and its outlook “particularly bright.”

Added Powell on Tuesday:

Keep reading…

60th Anniversary: Celebrating The John Birch Society’s Epic Journey

The John Birch Society was just 10 years old when I joined back in 1968. The reasons then are the same reasons I remain active today. This is from my friend and publisher of The New American, Bill Jasper, published today, Friday, October 5, 2018:

Sixty years of unflinching service to God, family, country. Six decades of uncompromising dedication to truth and principle. In December 1958, when Robert Welch summoned together 11 prominent American patriots to found The John Birch Society, our nation was in deadly peril — from without and within. Communism was sweeping the world, while here at home Democrats and Republicans alike were embracing welfare-state socialism. Politicians from both parties were not only lauding and funding the recently formed United Nations organization, but were practically tripping over each other to transfer more and more powers to that global body.

World War II, in which totalitarian collectivism — in the form of communism, Nazism, and fascism — had ravaged the planet, had ended only 13 years earlier. The Korean War, fought under United Nations command and with incredible restrictions on U.S. forces, had ended only five years earlier, in 1953. But it had not really ended; our leaders had settled for a cease-fire and the abandonment of American POW/MIAs to communist North Korea. President Harry Truman had sent America’s fighting men into that cauldron of death without a declaration of war by the U.S. Congress, as demanded by our Constitution. He and his enablers in Congress and the media got around that by claiming that the Korean “conflict” was a “police action” authorized by the United Nations. There was no need, they said, for a formal declaration of war.

More than 36,000 Americans gave their lives in the UN’s Korean “police action” — and a dangerous precedent was set for sending America’s armed forces to far-flung battlefields on open-ended missions, based merely on presidential whim and the supposed demands of the “international community.” Another consequence of that conflict was

Keep reading…

In Baseball Lingo, Conor Lynch Thinks the U.S. Economy is in Its Final Innings

This article was published by The McAlvany Intelligence Advisor on Friday, October 5, 2018:  

Conor Lynch is a New York City liberal whose writings have appeared on Salon, AlterNetCounterpunch, and openDemocracy. But in his latest blog at TheWeek.com, he left all that baggage behind and instead focused on the harbingers for a downturn in the U.S. economy. He wrote:

Keep reading…

Clouds Appearing on the Economic Horizon

This article appeared online at TheNewAmerican.com on Thursday, October 4, 2018:

The bright blue sky that represents the U.S. economy got a little brighter on Wednesday with the release of ADP’s jobs report for September. Not only did the 230,000 new jobs beat forecasters’ estimates, ADP also adjusted upward August’s jobs numbers by 5,000. That means that since the first of the year, the booming U.S. economy has added nearly two million new jobs. Mark Zandi, chief economist at Moody’s Analytics, which partners with ADP in its jobs reporting, declared that “this labor market is rip-roaring hot.”

And then Zandi went and spoiled it all by adding,

Keep reading…

Tsunami in Indonesia is Nothing Compared to the One Headed for the U.S.

This article was published by The McAlvany Intelligence Advisor on Wednesday, October 3, 2018:  

It wasn’t until the death toll following last Friday’s Indonesian earthquake and tsunami reached 800 that the global media began to make it front page news. By Tuesday the toll exceeded 1,200, with many more still buried in dozens of collapsed buildings in the towns of Sigi and Balaroa. Some 62,000 citizens have been displaced either because their homes have become uninhabitable or were flattened.

At least they had some advance warning, but there was little they could do. Most were caught off guard, unprepared. As of this writing, many have gone four days without food.

What was unnerving is the report from the U.S. Treasury just three days later giving advance warning of the economic tsunami preparing to roll over the American economy. Precious few are taking heed. On September 20, the Senate passed another spending bill – $854 billion – calling it a “stopgap” bill to pay the government’s bills until after the midterm elections. It passed 93-7.

This brought the national debt of the United States government to

Keep reading…

The Coming National Debt Tsunami

This article appeared online at TheNewAmerican.com on Tuesday, October 2, 2018: 

The report from the U.S. Treasury coming on the heels of news reports about Indonesia’s earthquake and resulting tsunami is unnerving. According to the Treasury, the government’s national debt jumped in the fiscal year ending September 30 from $20.2 trillion to $21.5 trillion, or by $1.3 trillion. That’s more than a six-percent increase year over year which, if not reined in, will double the national debt to $43 trillion in less than 12 years.

Unlike the Indonesian earthquake and tsunami, however, Americans have had plenty of warning about what’s coming. And yet Senators just voted 93-7 to spend another $854 billion in a “stopgap” measure. Six of those Senators opposing the bill were Republicans (Independent Senator Bernie Sanders was the seventh).

In July, former Representative Ron Paul pointed out that the national debt now exceeds the total economic output of goods and services in the United States in a year, but even that isn’t the whole story: “Social Security and Medicare trust funds will both soon be bankrupt, putting additional strains on the federal budget [and] on American taxpayers.”

That’s because the “reserves” in those trust funds have already been spent by the federal government and have been replaced with promissory notes to be redeemed by the Treasury in the future. The future is now, and as those reserves are tapped, those promissory notes will be redeemed by the Treasury, adding to the national debt.

FirstPost.com said that “a series of natural disasters in Asia have led to massive economic damage [and] human loss”, explaining:

Keep reading…

Stock Market Bears Still Looking for Evidence of the Next Recession

This article was published by The McAlvany Intelligence Advisor on Friday, September 28, 2018: 

The bears are still out there, but their voices are being drowned out by the exuberance of the stock market and the economy. New records are being set almost on a daily basis. Take this from the Conference Board earlier this week, for example. For an economist, Lynn Franco, director of Economic indicators for the Board, was positively giddy:

Keep reading…

U.S. Economy Setting Records, Surprising Market Bears

This article appeared online at TheNewAmerican.com on Thursday, September 27, 2018:

The Conference Board’s report on consumer confidence in September, released earlier this week, caught forecasters by surprise once again. Its Consumer Confidence Index, a barometer that measures the average American consumer’s confidence based on a monthly survey covering 5,000 households, jumped to 138.5 from August’s 134.7. Economists polled by Reuters expected a drop to 132. The baseline is 100, set back in 1985.

As Lynn Franco, director of economic indicators for the Board, noted:

Keep reading…

New Unemployment Claims Headed for 50-year Lows

This article appeared online at TheNewAmerican.com on Friday, September 21, 2018:  

The jobless claims report from the Department of Labor (DOL) for the week ending September 15 came out on Thursday, the same day that Wall Street learned of even stronger corporate earnings. This one-two punch drove stock averages to new highs, which continued into Friday.

The report from the DOL was cryptic, and disappointing to economists who had forecast higher claims. Said the DOL: “In the week ending September 15 … seasonally adjusted initial claims was 201,000, a decrease of 3,000 from the previous week. This is the lowest level for initial claims since November 15, 1969.”

Even better was its four-week moving average, which smooths out week-to-week fluctuations: “The 4-week moving average was 205,750, a decrease of 2,250 from the previous week … [and] the lowest level for this average since December 6, 1969.”

Still better is the news that

Keep reading…

Trump: Economy “Booming Like Never Before”

As President Trump was counting off some of his administration’s accomplishments at a rally in Billings, Montana, on Thursday night, he paused and said the economy is “booming like never before!” The crowd roared, and so they should. Looking at the same numbers, Rick Reider, chief investment officer of BlackRock, the world’s largest investment manager with more than seven trillion dollars under its management, exclaimed:

Keep reading…

New NAFTA Deal with Mexico is Still a Disaster

This article was published by The McAlvany Intelligence Advisor on Wednesday, August 29, 2018:  

In a sudden rhetorical turn, President Donald Trump, who vehemently criticized the North American Free Trade Agreement (NAFTA) as being “a disaster,” now welcomes an agreement to modify that same agreement with the outgoing president of Mexico, Enrique Pena Nieto. The details are skimpy, to be fleshed out more fully on Friday. Friday is the deadline for Nieto to sign it, with the conversation then turning to Canada for its approval and ratification. After that the U.S. International Trade Commission must do an economic analysis of the final agreement before it is presented to Congress for its approval.

One sticking point illustrates the danger of the new agreement that Trump wants to rename as the United States-Mexico Trade Agreement (presumably, USMTA) in case Canada fails to get on board.

Keep reading…

Trump is the Teflon-coated President

This article was published by The McAlvany Intelligence Advisor on Monday, August 27, 2018: 

Frustrated with President Ronald Reagan’s success in avoiding being tarred by the controversies surrounding him, far-left Democrat Rep. Pat Schroeder (D-CO) said in 1983: “He has been perfecting the Teflon-coated presidency: He sees to it that nothing sticks to him.”

So it appears to be with President Donald Trump,

Keep reading…

Iranian Protesters Blame Country’s Leaders, Not Trump, for Their Woes

This article appeared online at TheNewAmerican.com on Wednesday, August 8, 2018: 

Thanks to social media (outside press isn’t allowed to report on Iran’s internal affairs), the world is learning about the growing protests by irate citizens suffering under the country’s oppressive regime. The protests predate by months the reimposition of U.S. sanctions, and the protesters are blaming the regime and not President Trump for their troubles.

For example, in one video posted on social media on Thursday, protesters chanted “Death to inflation! Death to unemployment!” while another showed crowds leaving a soccer game at Tehran’s Azadi Stadium chanting “Death to the dictator!”, referring to the country’s President Hassan Rouhani. Still another showed protests in Kazerun, a city in southern Iran, on Sunday night chanting insults about Rouhani’s security forces. On Monday the largest demonstration took place in Mashhad, Iran’s second-largest city, after a local opposition cleric called on them to protest the government’s failure to keep its promises.

Those promises made and not kept followed protests earlier in the year by crowds in hundreds of cities demanding restoration of clean water supplies and predictable electricity.

One of the promises broken has idled hundreds of buses, as the drivers don’t have the money to buy fuel for them. One social-media entry came from driver Raman Ghavami:

Keep reading…

Trump’s Iran Sanctions Already Biting

This article appeared online at TheNewAmerican.com on Tuesday, August 7, 2018: 

In announcing the imposition of the sanctions against Iran promised back in May, President Trump tweeted on Tuesday: “The Iran sanctions have officially been cast. These are among the most biting sanctions ever imposed, and in November they will ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!”

On Monday the president explained why he was imposing the sanctions, and asking other nations to cooperate: “We urge all nations to take such steps to make clear that the Iranian regime faces a choice: either change its threatening, destabilizing behavior and reintegrate with the global economy, or continue down a path of economic isolation.” He added: “To this day Iran threatens the United States and our allies, undermines the international financial system, and supports terrorism and militant proxies around the world.”

The language in the Executive Order was similarly blunt:

Keep reading…

Maduro Rounds Up “Dissidents” After Assassination Attempt

This article appeared online at TheNewAmerican.com on Monday, August 6, 2018:  

Whether the attack on Venezuela’s Marxist strongman Nicolás Maduro on Saturday was legitimate, a botched attempt, an accident causing an explosion in a nearby apartment building, or staged to generate support for the failing socialist regime, Maduro is taking advantage of it. In his retelling of the incident, the dictator said, “This was an attempt to kill me!” adding that “They have tried to assassinate me and everything points to the Venezuelan ultra-right in alliance with the Colombian far right and that the name of [Colombian President] Juan Manuel Santos is behind this attack.”

Maduro’s mouthpiece, Information Minister Jorge Rodriguez, echoed Maduro’s plaint:

Keep reading…

Federal Deficit Up 16 Percent Following Tax Reform

This article appeared online at TheNewAmerican.com on Friday, July 13, 2018:  

In the first nine months of the present fiscal year (from October 2017 through June 2018), total revenues (gross receipts) to the federal government were $2.54 trillion, while total government spending was $3.15 trillion, leaving a gap — a deficit — of $607 billion. That’s 16-percent higher than it was at the same time a year ago.

But when just the first six months of 2018 are considered

Keep reading…

More Evidence of the U.S. Economic Juggernaut’s Acceleration

This article was published by The McAlvany Intelligence Advisor on Friday, July 13, 2018: 

As expounded three times in this space just in the last week, the U.S. economy is on a tear, setting new records along the way. On July 4, the article titled “U.S. Crude Oil Production Growing so Rapidly Even Insiders Can’t Keep Up” is now old news, as the American energy industry is forecast to exceed the production from every other country, with the exception of Saudi Arabia, by no later than 2019. On July 6, Gallup polls reflected Americans’ state of mind: “Americans are Employed and Happy.” And on Monday, July 9, the American economy continues to outstrip economic forecasters’ estimates: “The American Economic Pie Continues to Grow Faster than Economists’ Forecasts.”

Thursday was no different: as reported by the government jobless claims, a proxy for layoffs in the U.S. economy, dropped by 18,000 last week to 214,000, a low close to levels last seen in the late 1960s. Economists polled by Reuters got it wrong once again, predicting a decline in jobless claims of just 6,000 for the week.

Not only did the economy’s performance exceed forecasters’ expectations, but the number of unemployment claims filed last week was the third lowest of the current nine-year-old economic expansion that began in mid-2009.

Concurrent with this report are other indicators

Keep reading…

Supreme Court Justice Brett Kavanaugh is Likely to Disappoint

This article was published by The McAlvany Intelligence Advisor on Wednesday, July 11, 2018:

Kavanaugh’s credentials are impressive. They’d have to be in order to beat out the other four candidates Trump was considering to replace retiring Supreme Court Justice Anthony Kennedy. The top three were so close that it is reported that the president didn’t really make his final decision until just before his announcement Monday night.

Kavanaugh, age 53, holds BA and JD degrees from Yale College. He spent his early years in private practice in Washington, DC before accepting a position as a law clerk for Supreme Court Justice Anthony Kennedy in 1993. He became associate counsel to President George W. Bush in 2001. In 2003 he was named Assistant to the president and his staff secretary before being nominated to the D.C. Circuit. That nomination was bottled up for nearly three years before clearing the Senate in 2006.

Kavanaugh took significant roles in drafting the Starr Report, which urged the impeachment of President Bill Clinton, and led the investigation in the “suicide” of Clinton aide Vince Foster.

In the last 12 years, Kavanaugh has drafted more than 300 opinions while on the bench of D.C. Circuit Court of Appeals.

Those opinions, by and large, please limited government Constitutionalists and social conservatives. For example

Keep reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.