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

The Hubris of Keynesianism is Driving the Fed’s Interest Rate Hikes

This article was published by The McAlvany Intelligence Advisor on Wednesday, June 13, 2018: 

The core underlying principle of Keynesianism is that the massive $21 trillion American economy can be “managed” by “experts” sporting fancy degrees from prestigious colleges and universities. The fact that they take themselves seriously, as does most of the media, reminds one of the story The Emperor’s New Clothes. Everyone in the crowd believed until the little girl exclaimed, “The Emperor has no clothes!”

That time has not yet arrived for the Fed. Amy Scott, writing in Marketplace, continued to believe the emperor is clothed:

The Federal Open Market Committee begins its two-day meeting today to talk interest rates. The Fed is expected to raise its target rate by a quarter of a point for the second time this year [tomorrow]. And with unemployment reaching a new low last month and inflation creeping up, analysts expect officials to keep raising rates throughout the year.

 

If short-term yields keep rising, that could lead to what’s called an inverted yield curve, when short-term term rates are higher than long-term borrowing costs.

First, Scott is conflating inflation with price increases. Second, she is likely referring to the latest CPI numbers and not the Fed’s preferred measure of price increases, the PCE index.

Inflation has already occurred.

Keep reading…

Sickness — Fiscal, Human, and Cultural — Sinking Venezuela Further Into Darkness

This article appeared online at TheNewAmerican.com on Monday, June 11, 2018:

The latest poll from Gallup — the 2018 Global Law and Order Index — places Venezuela at the very bottom of the 140 nations it surveyed. This is the second year in a row that Venezuela is perceived by its citizens to be the most dangerous place in the world to live.

One-quarter of the population reported that they had been assaulted at least once in the last 12 months, while more than four out of 10 claimed they had been robbed in the last year. This places the socialist-ravaged South American country behind Afghanistan and South Africa in Gallup’s ratings.

Additional evidence of the continuing breakdown of Venezuelan society, thanks to socialist policies, showed up on Sunday with the first case of polio being reported in the country in 30 years. Long considered to be eradicated, it, along with other diseases such as diphtheria, tuberculosis, measles, and malaria, are gaining purchase among Venezuelans, especially those in the poorest neighborhoods. Dr. Jose Felix Oletta, Venezuela’s former minister of health, explained: “The [polio] virus especially affects people in conditions of malnutrition and unvaccinated, as in this case.”

And that’s because President/Dictator Nicolas Maduro’s policies (called “Chavismo” for his predecessor Hugo Chavez) have all but removed essential medicines and vaccines from pharmacists’ shelves.

As reported repeatedly by The New American and elsewhere, the poor are reduced to picking through garbage dumps to find food to feed themselves and their families. But it is now reported from Caracas that they have gone one step further: seizing the plastic bags in which the garbage is placed and trading the bags themselves for food and other essentials on the black market.  As the Wall Street Journal noted:

This sounds absurd, but it is believable in a country where extreme poverty has spread like the plague. Human capital is fleeing. Oil production is plummeting, and the state-owned oil company is in default. The garbage bag, imported with dollars, is a thing of value.

The sickness that is now Venezuela has permeated down to the most vulnerable: Young girls and women are being enticed into prostitution and then into slavery. According to an investigation by the Mexican newspaper El Universal, sex traffickers entice them with promises of well-paying work and then capture them and send them out of the country to serve as sex slaves.

It’s aided by cultural decline. The network aiding the traffickers, contacts uncovered by the newspaper, consists of drug cartels, weapons traffickers, corrupt policemen paid to look the other way, soldiers seeking self-gratification, and border officials being bribed to ignore the flow. In Mexico, for example, those traffickers pay up to $1,000 to immigration officials at Mexico City’s international airport to allow these girls, some as young as 11, into the country from Venezuela. From there they are shipped to Ecuador, the Dominican Republic, and Peru. A Venezuela study reported that, as the economic conditions have declined, sex trafficking has risen enormously, from an estimated 60,000 in 2016 to almost 200,000 this year. And the study suggests that that number could rise to 600,000 by 2020, less than three years from now.

The Venezuelan culture has been destroyed by socialist practices, practices that initially were inflicted on the populace long before Maduro’s arrival. Rent controls were set in place in 1939 but not rigorously enforced until 1960 when Romulo Bentancourt gained power. Since that time not a single apartment building has been built in the country.

Carlos Andres Perez seized the presidency in 1974 and mandated salary increases for the entire country, along with a minimum wage. He instituted price controls, put limits on foreign investment, nationalized the oil company, took virtual control of the coffee and cocoa industries, and seized the previously independent central bank.

When Luis Herrera Campins took control in 1983, he announced exchange controls and placed price controls on everything that Perez had ignored: cement, hotels, banking, meat, milk, sugar, and even parking lot fees.

Fast forward to February 1999 when Chavez was inaugurated, followed by Maduro in 2013.

Even if (or when) Maduro is removed from office, the spectre of socialist destruction will remain. American Founding Father John Adams pointed out the uniqueness of the U.S. Constitution: “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” But once the foundations of a moral and righteous society have been rotted away by the cancer of collectivism, “what can the righteous do?” (Psalm 11:3).

High-income Earners Leaving High-tax States

This article appeared online at TheNewAmerican.com on Thursday, June 7, 2018:

Realtors in Nevada, just across the border from California, are feeling the positive effects of Trump’s new tax reform. Real estate developer David Hutchinson is offering building lots for sale at Clear Creek Tahoe and told Robyn Friedman of The Wall Street Journal:

Most of our lot sales are to buyers from California, the vast majority of whom intend to make them a permanent residence.

 

If you’re a wealthy tech executive from the Bay Area who can live wherever you want and you have a $3 million [annual] income, you would have $399,000 a year in savings [by moving] here.

 

That’s a lot of money to spend on real estate.

That’s also a lot of money that California isn’t going to see. Arthur Laffer and Stephen Moore, also writing in the Journal, did the math:

Keep reading…

Arne Duncan Using Alinsky’s Rules for Radicals to Intimidate Politicians to Pass More Gun Laws

This article was published by The McAlvany Intelligence Advisor on Monday, June 4, 2018:

The brilliant radical Saul Alinsky developed a series of rules that, if successfully implemented, will change the culture. Arne Duncan, the former Education Secretary in the Obama administration, wants to change the culture.

Quiz: which of Alinsky’s rules is Duncan using?

Always remember the first rule of power tactics: Power is not only what you have but what the enemy thinks you have.

The second rule is: Never go outside the experience of your people.

The third rule is: Wherever possible go outside the experience of the enemy. Here you want to cause confusion, fear, and retreat.

The fourth rule is: Make the enemy live up to their own book of rules.

The fourth rule carries within it the fifth rule: Ridicule is man’s most potent weapon.

The sixth rule is: A good tactic is one that your people enjoy.

The seventh rule is: A tactic that drags on too long becomes a drag.

The eighth rule: Keep the pressure on.

The ninth rule: The threat is usually more terrifying than the thing itself.

The tenth rule: The major premise for tactics is the development of operations that will maintain a constant pressure upon the opposition.

The eleventh rule is: If you push a negative hard and deep enough it will break through into its counterside.

The twelfth rule: The price of a successful attack is a constructive alternative.

The thirteenth rule: Pick the target, freeze it, personalize it, and polarize it.

Arne Duncan rates several pages in DiscoverTheNetworks.com, which, all by itself, is a warning. It provides enough sourced information to allow for the conclusion that the man is a danger to society. A graduate of Harvard College with a degree in sociology, Duncan cut his educatory teeth as the deputy chief of staff of the Chicago Public Schools from 1998-2001. He was promoted to chief executive officer of CPS, which allowed him to implement as many radical ideas as he could. Predictably, under his leadership, the Chicago State Board of Education showed that the Chicago district failed to make “adequate yearly progress” in mathematics and reading each year from 2004 to 2008.

Following that failure, he left CPS to take on the position of Secretary of Education under then-president Barack Obama. During his seven-year tenure,

Keep reading…

When Announcer Declares No Singing of the National Anthem, Crowd Sings Anyway

This article appeared online at TheNewAmerican.com on Monday, May 28,2018: 

When the announcer declared that there would be no singing of the National Anthem at the start of a game to decide California’s Central Section Division 1 high school softball championship on Friday night, the crowd booed the announcer and sang the National Anthem anyway.

Tiffany Marquez caught the event on her cellphone and posted it on her Facebook page. She told the Fresno Bee:

Honestly, I was shocked (when) the announcer stated, “There will be no anthem; let’s just play softball.” Within seconds, you could hear people in the crowd singing and the volume of their voices building. There I was, standing in the middle of a true testament to unity and patriotism.

The message was not lost on the event coordinator, Bob Kayajanian, who told the Bee that when more than one game is played during a tournament such as this one, the National Anthem is played only before the first one. But, chastened by the booing and the makeshift choir’s patriotic and heartfelt (albeit ragged) rendition, he announced that it was “a learning experience” and “going forward we’re playing the national anthem [before] every game.”

How many Americans today remember the details of the British bombardment of Fort McHenry toward the end of the War of 1812? How many remember their history about Francis Scott Key, a 35-year-old lawyer who happened to be aboard the British flagship to negotiate the release of a friend who had recently been arrested? Although he was successful, Key and his friend were not allowed to return to American soil until after the bombardment of Fort McHenry in Baltimore Harbor had ended.

During the night, Key wrote later, “It seemed as though mother earth had opened and was vomiting shot and shell in a sheet of fire and brimstone.” But at “dawn’s early light” he saw the American flag still flying “o’er the ramparts” and penned the now-famous National Anthem:

Oh, say! can you see by the dawn’s early light

What so proudly we hailed at the twilight’s last gleaming;

Whose broad stripes and bright stars, through the perilous fight,

O’er the ramparts we watched were so gallantly streaming?

And the rocket’s red glare, the bombs bursting in air,

Gave proof through the night that our flag was still there:

Oh, say! does that star-spangled banner yet wave

O’er the land of the free and the home of the brave?

After Key’s lyrics were printed by the Baltimore Patriot, they were reprinted all across the country, not only immortalizing Key’s poem but also naming the flag it celebrated.

But the flag that flew over Fort McHenry that night of September 13-14, 1814 wasn’t the flag that Key saw the morning after. At the request of Major George Armistead, the commander of Fort McHenry, two flags were made: a “storm” flag with 15 stars and 15 stripes (each representing a state), and a much larger “garrison” flag. Armistead wanted flags that were large enough for the British to see without straining their eyesight. His request to the commander of Baltimore defenses in July 1813 stated:

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What Did Trump Give Up to Secure the Release of Josh Holt and His Family?

This article was published by The McAlvany Intelligence Advisor on Monday, May 28, 2018: 

American patriots still remember sorties of aircraft delivering pallets of American currency ($1.7 billion-worth) to Iran’s Supreme Leader Ali Khamenei in exchange for the so-called Iranian “deal” that President Trump just cancelled. As a result, skeptics, including this writer, are asking: “What did the president give up to secure the release of Utahn Josh Holt and his wife and daughter over the weekend?”

It’s highly unlikely that Marxist thug Nicolas Maduro is all of a sudden Trump’s best friend, especially as the American president is ramping up additional sanctions against his failing and collapsing regime. Just a few days before the Holts’ release, Maduro ordered the American ambassador out of his country in retaliation for the American government’s assertion that his election on May 20 was a farce.

Why the sudden change of heart? It’s all speculation, of course, but the backstory of the Holts’ release is worth telling.

Keep reading…

Mauldin Reveals the Trigger for the Next Recession

This article was published by The McAlvany Intelligence Advisor on Wednesday, May 23, 2018: 

John Mauldin, the New York Times best-selling author and publisher of his Thoughts from the Frontline, reminded his readers of the story of Casey Jones:

For those who don’t know the story or haven’t heard the songs, Casey Jones was a talented young railroad engineer in the late 1800s. On April 30, 1900, Casey Jones was going at top speed when his train tragically overtook a stopped train that wasn’t supposed to be there.

 

Traveling at 75 miles per hour, Jones ordered his young fireman to jump, pulled the brakes hard, and blew the train whistle, warning his passengers and the other train. Later investigations found he had slowed it to 35 mph before impact. Everyone on both trains survived… except Casey Jones.

 

His heroic death made Jones a folk hero to this day. Many songs told the story and even the Grateful Dead and AC/DC paid tribute decades later. (Trivia: He actually tuned his train whistle with six different tubes to make a unique whippoorwill sound. So, when people heard his train whistle, they knew it was Casey Jones.)

His point?

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Shootings Like This Will Continue Until God Is Restored In America

This article was published by The McAlvany Intelligence Advisor on Monday, May 21, 2018:  

Following the high school shooting in Texas on Friday, many were asking the wrong questions. Some were asking, how could this happen? Others were asking, how could future massacres be prevented? Still others saw an opportunity to promote gun control, including the president and the governor of Texas. Said Trump: “This has been going on too long in our country … [my administration is] determined to do everything in our power to protect our students, secure our schools and to keep weapons out of the hands for those who pose a threat to themselves and to others.”

Right behind him was Texas Governor Greg Abbott who claimed that “We need to do more than just pray for the victims.”

Hollywood starlets weighed in on the matter, blaming the NRA. “Charmed” star Alyssa Milano – the starlet who formed an anti-NRA campaign last month – tweeted:

Keep reading…

Kellogg’s Just the Latest to Exit Venezuela

This article appeared online at TheNewAmerican.com on Wednesday, May 16, 2018: 

When workers at the Kellogg’s cereal plant in Maracay, Venezuela showed up for work on Tuesday, they discovered that the plant was closed. A note taped to the fence simply indicated that the company had ended operations: “The current economic and social deterioration in the country has now prompted the company to discontinue operations.”

That left an estimated 400 workers without work, or a paycheck. But that gave the Marxist dictator Nicolás Maduro an opportunity to point the finger at Kellogg’s: “Why are they doing it today? Because we are four days away from elections and they think it will spook the people.… Imperialists! Oligarchs! Nobody can scare our people!”

Kellogg Company had been making cereal in Venezuela since 1961, and at one point was the largest foreign presence in South America after Mexico. But on Tuesday,

Keep reading…

Deep State Subversion: “A Murderer Is Less to Be Feared”

This article, written by my senior editor at The New American, Bill Jasper, is quite extraordinary. It appeared online on Monday. It also appears in the print issue of The New American to be published on May 21. 

“A nation can survive its fools and even the ambitious, but it cannot survive treason from within,” the great Roman statesman Cicero opined before the Senate. That warning is as applicable today as it was 2,000 years ago.

In 1965, best-selling historical novelist Taylor Caldwell published her great work on Marcus Tullius Cicero, A Pillar of Iron. A central focus of her meticulously researched study was Cicero’s political combat with, and triumph over, the treasonous conspiracy led by Roman Senator Lucius Sergius Catilina, known in English as Catiline. While Rome’s wealthiest and ablest citizens timidly evaded their duties to defend the commonweal against the impending mortal danger, Cicero, the incomparable rhetoretician, aided by Cato the Younger, dauntlessly exposed and opposed the Catiline conspiracy, which had penetrated all levels of the government. Prominent senators and aristocrats in the conspiracy included Lentulus, Cethegus, Longinus, and Paetus.

“A nation can survive its fools and even the ambitious, but it cannot survive treason from within,” Caldwell records Cicero declaiming before the Senate, in A Pillar of Iron. “An enemy at the gates is less formidable, for he is known and he carries his banners openly against the city. But the traitor moves among those within the gates freely, his sly whispers rustling through all alleys, heard in the very halls of government itself. For the traitor appears no traitor; he speaks in the accents familiar to his victim, and he wears their face and their garments and he appeals to the baseness that lies deep in the hearts of all men.”

Cicero called out Catiline and his prominent co-conspirators for precisely what they were: traitors, subversives, infectious corrupters, a “plague” — worse even than murderers. The traitor, said Cicero, “rots the soul of a nation; he works secretly and unknown in the night to undermine the pillars of a city; he infects the body politic so that it can no longer resist. A murderer is less to be feared. The traitor is the plague.” (Emphasis added.)

A Catilinarian plague, of which Cicero warned, is now upon us! The conspiracy we face, however, is larger, more powerful, more sophisticated, more deadly, and more deeply laid than that faced by Cicero, Cato, and their fellow Romans. This conspiracy did not spring up overnight. It did not begin last year, in opposition to President Trump, although its virulent opposition to President Trump has made its existence and operations much more visibly obvious. No, the “Deep State” conspiracy of which we speak goes back many decades, long before the term “Deep State” was coined to signify the shadowy, self-perpetuating cabal that constitutes the permanent ruling class in the bowels of our government.

Taylor Caldwell was well aware of this conspiracy, which she described as “Force X” in a 1963 article by that title for American Opinion, the predecessor magazine of The New American. This was during the height of the Cold War, when Nikita Khrushchev, Mao Tse-tung, Fidel Castro, and many other communist dictators were spreading hate, death, destruction, terror, and totalitarian misery across the entire planet. However, Caldwell recognized that, as with Catiline’s conspiracy in Cicero’s time, the strength of the communist conspiracy came largely from the secret assistance it could count on from highly placed individuals in American society and in the U.S. government, particularly in the large tax-exempt foundations, the news media, the State Department, and the Central Intelligence Agency. These and other critical instruments of governance and propaganda had been gradually taken over by the organized globalists, more commonly known in that era as “one-worlders,” advocates of world government, which they commonly refer to as their “new world order.” The organization that served as the chief front for the one-world coterie, and that effected many of its designs, was (and is) the Council on Foreign Relations, which Caldwell exposed in her 1972 novel Captains and the Kings under the fictional names of the Committee for Foreign Studies and the Scardo Society.

Over the past year, we have witnessed an incredible stream of Catilinarian traitors engaging in an ever more brazen and transparent conspiracy against the rule of law and our entire moral and constitutional order. The unprecedented attacks by the globalists’ minions heading our intelligence agencies against the elected president, Donald Trump, are breathtakingly audacious. Never before has this nation seen the heads of the Department of Justice, CIA, FBI, NSA, and other apparatuses of the “Force X” surveillance state engage in such open, blatant warfare against the nation they claim to serve. After being kicked out of their Deep State perches, John Brennan, James Clapper, and dozens of their “Intelligence Community” confederates have been rewarded with lucrative posts as “expert” commentators at CNN, NBC, CBS, and other controlled media platforms, from which they are continuing their treasonous attacks.

“In heaven’s name, men,” Cato appealed to his fellow Romans, “wake up while there is still time and lend a hand to defend the Republic. It is … our liberty and lives that are at stake.” Cato’s urgent appeal rings down through the ages to our present day. We dare not fail to respond.

Despite Increasing Use of Robots, the U.S. Economy Boasts Highest Job Openings in History

This article was published by The McAlvany Intelligence Advisor on Wednesday, May 9, 2018: 

Old myths die slowly, including the one that goes: “Robots are taking over the world, leaving millions unemployed!” Doomsayers are likely to refer to an article (from three years ago) that implicitly warned of exactly that. From Intelligent Machines in July, 2015:

Keep reading…

Vultures Gathering to Pick Maduro’s Bones

This article was published by The McAlvany Intelligence Advisor on Monday, May 7, 2018: 

Former British Prime Minister Margaret Thatcher’s flippant quote: “The problem with socialism is that eventually you run out of other people’s money” misses an essential point. Socialistic government policies destroy the price mechanism that causes the economy, and thus government’s revenues, to shrink. If the government continues spend as before, it must borrow, or print. Only when these strategies fail does the government run out of other people’s money.

But it always does, as Nicolas Maduro, no student of history, apparently, is learning the hard way. For a while there it looked like socialism in Venezuela might work after all.

Keep reading…

Sell in May and Go Away? Not This Year.

This article was published by The McAlvany Intelligence Advisor on Friday, May 4, 2018: 

This is a hoary strategy derided by critics for years: Buy equities the first trading day after Halloween and sell the last trading day of April. But in 2012, three academics – Sandro Andrade, Vidhi Chhaoccharia, and Michael Fuerst – looked at the available data and concluded that it works: “On average, stock returns [using the “sell in May” strategy] are about 10 percentage points higher in November-May half-year periods than in May-October half-year periods.”

Some say this is a good strategy this year simply because of all the uncertainty. And they’re correct.

Keep reading…

U.S. Economy Adds Another 204,000 Jobs in April

This article appeared online at TheNewAmerican.com on Wednesday, May 2, 2018: 

The booming U.S. economy added another 204,000 jobs in April, down slightly from the (revised) 228,000 jobs it created in March, but still more than forecasters predicted. Those forecasters have consistently underestimated the health of the economy and their record remains unbroken. Economists polled by Econoday expected 190,000 new jobs in April.

This is the sixth straight month of job growth over 200,000 which continues to confound observers. “The labor market continues to maintain a steady pace of strong job growth with little sign of a slowdown,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute.

Keep reading…

Job Market Remains Strong; Unemployment Rate at 50-year Low

This article appeared online at TheNewAmerican.com on Thursday, April 26, 2018:  

Unemployment claims for the week ending April 21 fell to new lows, according to the Department of Labor. On Thursday it reported that new claims fell to 209,000, far below forecasters’ expectations of 230,000. It also was the 24th week of jobless claims fewer than 250,000 and the 164th straight week of claims below 300,000.

Even more remarkable is that the last time jobless claims were this low was during the first term of President Richard Nixon, nearly 50 years ago, when the country’s labor force was just 153 million, compared to today’s work force of 162 million. Translation:

Keep reading…

Gary Kleck’s Vindication, 25 Years Late

This article was published by The McAlvany Intelligence Advisor on Wednesday, April 25, 2018:  

Gary Kleck, professor of criminology who is now retired from Florida State University, and another professor at FSU, Marc Gertz, teamed up to do a study in the mid ’90s about how often Americans used firearms to defend themselves. The study was so carefully crafted that Marvin Wolfgang, acknowledged by the British Journal of Criminology as “the most influential criminologist in the English-speaking world,” was forced to admit its excellence:

Keep reading…

Conference Board Predicts Robust Economy for Rest of Year

This article appeared online at TheNewAmerican.com on Friday, April 20, 2018:

The report from the independent Conference Board released on Thursday confirmed what most already know: The U.S. economy is on a tear, and there appears to be nothing on the horizon to slow it down, at least for the next six to nine months. Said its Director Ataman Ozyildirim:

The U.S. LEI [Leading Economic Index] increased in March, and while the monthly gain [was] slower than in previous months, its six-month growth rate increased further and points to solid growth in the U.S. economy for the rest of the year.

 

The strengths among the components of the leading index have been very [robust] over the last six months.

The LEI, which bottomed out during the Great Recession in the middle of 2009, has rocketed from 73 to

Keep reading…

Sarcasm is a Dangerous Weapon, as Chicago Tribune Writer Shows

This article was published by the McAlvany Intelligence Advisor on Friday, April 20, 2018: 

Sarcasm, in the hands of an expert, can elucidate without harm. In the hands of an amateur, it offends and reveals a supercilious attitude toward the intended victim. Rex Huppke is an amateur.

Rather than examine the desire of the board of Effingham County, Illinois to be left alone, he attacks it with his pen:

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Runaway Inflation in the United States? Impossible.

This article was published by The McAlvany Intelligence Advisor on Wednesday, April 18, 2018: 

Sinclair Lewis’s It Can’t Happen Here has recently been pounced upon by liberal pundits as a novel that remains relevant today with the election of President Donald Trump. Said left-liberal Salon magazine in its review of the 1935 novel, this is “the novel that foreshadowed Donald Trump’s authoritarian appeal.”

What this author intends is to draw a parallel between the inflation and destruction of the German currency in the early 1920s that led to the rise of Hitler and the slow, steady inflation of the American currency that could lead to the same end: a totalitarian police state here.

Here is what libertarian author, economist, and professor Murray Rothbard wrote about the runaway German inflation:

Keep reading…

Starvation, Suicides Increasing Under Venezuela’s Hyperinflation

This article appeared online at TheNewAmerican.com on Tuesday, April 17, 2018: 

When Venezuela’s legitimate but outlawed National Assembly reported on the country’s runaway inflation numbers last week, the statistics were so astronomical that few could relate to them. Prices increased by 67 percent in March, 453 percent in the first quarter, and 8,878 percent over the last year.

Marxist Nicolás Maduro’s socialist government stopped reporting on those price increases two years ago, and he has sharply criticized any efforts by the National Assembly or websites such as Dolartoday.com since then to tell the truth. A spokesman for the National Assembly, Congressman Rafael Guzman, told a press conference that the runaway prices are beyond the control of the government:

Keep reading…

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