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

Tag Archives: power

Sorry, Inflation Worries are Not Behind the Selloff in Stocks

This article was published by The McAlvany Intelligence Advisor on Wednesday, February 7, 2018:  

All manner of explanations for the recent market selloff in stocks have come out of the woodwork: the market has gotten ahead of itself; it was due for a correction anyway; it’s been 400 days since a three percent correction; and so on. The least informed is that all of a sudden there is inflation! See? The yield on the 10-year Treasury is up 80 basis points since September! That must mean there’s inflation! Couple that with the “surge” in wages just reported by the Bureau of Labor Statistics (2.9 percent year-over-year compared to 2.2 percent reported previously) and – voila! – inflation is back. Time to take profits!

Most commentators didn’t bother to check with the Fed, specifically the Cleveland Fed and the St. Louis Fed, which report the real numbers on inflation and money supply. First:

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Venezuela Pushes Presidential Election Forward With Maduro the Only Candidate

This article appeared online at TheNewAmerican.com on Wednesday, January 24, 2018: 

Venezuela’s Marxist dictator Nicolas Maduro turned Tuesday’s ironic celebration of the end of Venezuela’s dictatorship of Marcos Perez Jimenez 60 years ago into securing the continuation of his own. He told his supporters that if the United Socialist Party, which he controls, wants him to run for reelection, “I’m ready to be a candidate.”

He then turned the celebration into a political rally, declaring once again that the real enemy causing the country’s economic decline into barter and chaos is the president of the United States: “Donald Trump is not the boss of Venezuela!” said Maduro, adding that since they still hold elections in Venezuela (even if they are phony), “The people rule in Venezuela, not empires.” Then, adding irony on top of audacity, Maduro asserted: “I’m ready.… We’re going to win big.”

The only way he’ll “win big” in the elections to be held before the end of April is because

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Globalist Insider Peter Sutherland Leaves Interventionist Legacy

This article appeared online at TheNewAmerican.com on Monday, January 15, 2018: 

The death on January 7 of Peter Sutherland, 71, the “father of globalization” (a moniker applied to him by President Clinton’s secretary of commerce) leaves a hole in the broad plan by globalists to use free trade as a cover for the completion of the New World Order to be run by them. Ireland’s Prime Minister Leo Varadkar declared that Sutherland was somehow strangely a tripartite loyalist: “an Irishman, a committed European, and a proud internationalist.” Varadkar said nothing about how Sutherland used his divided loyalties to build international trade agreements that led to significant abrogation of Ireland’s national sovereignty.

European Commission (EC) President Jean-Claude Juncker was clearer,

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Establishment Insider Calls for Military Intervention in Venezuela

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

English: Ricardo Hausmann

Ricardo Hausmann

When an obscure college professor nearing retirement age suggests that the only way to “solve” the Venezuelan “crisis” is through military intervention, few people would pay any attention. But when that person, Ricardo Hausmann, is a professor at Harvard and a director of the John F. Kennedy School of Government there, his proposal represents much more than just wishful thinking.

Hausmann, with a Ph.D. in economics from Cornell University, is a bona fide Keynesian interventionist. Considering that Hausmann was a former minister of planning in Venezuela and a member of the board of directors of the Central Bank of Venezuela in the early 1990s, one can rest assured that free market principles aren’t being considered as any part of his solution to Venezuela’s problems.

Under socialism, things have gotten so bad in Venezuela that Hausmann now thinks military intervention is the only cure. His plan, “D Day Venezuela,”

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Deep State: Pulling Strings From Behind the Scenes, by Alex Newman

This article appeared online at TheNewAmerican.com on Monday, January 8, 2018. Its author, Alex Newman, will be speaking in Colorado Springs at 21C Library on Wednesday evening, February 7th, on the same topic. If you need a ticket, call me at 481-3890. 

Even a mere few years ago, many Americans would have scoffed at the idea of privately organized individuals controlling the levers of government. Now most people see it.

In 1770, William Pitt famously told the U.K. House of Lords that “there is something behind the throne greater than the king himself.” Today, in the face of what appears to be a broad and highly coordinated effort to destroy President Donald Trump, Americans are waking up in huge numbers to the fact that there is a hidden “power behind the throne” in America, too. Trump himself has helped to bring about this awakening. For instance, among other concerns, candidate and later President Trump warned his followers about the “swamp,” about a “cabal” seeking “global government,” and of course, about the “Deep State” seeking to sabotage the United States and especially his America First agenda. This view is now becoming mainstream, the evidence suggests.

In fact, an ABC News/Washington Post poll from April of 2017 shows that

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Maduro’s Socialist Paradise Descends Further into Depravity: Citizen Murder

This article appeared online at TheNewAmerican.com on Thursday, December 21, 2017:

Luisa Ortega, once Marxist Nicolas Maduro’s Prosecutor General, was lucky to get out alive. When she protested the country’s Supreme Court’s assumption of powers reserved to the duly-elected National Assembly last summer, that court froze all of her personal assets and barred her from leaving the country. Her replacement, Tarek William Saab, learned she was attempting to flee the country and almost succeeded in stopping her. She and her husband fled from Venezuela by speedboat to Aruba and from there they flew into Columbia.

From there she has been waging a war of exposure of Maduro’s criminal activities and the Wall Street Journal just reviewed her 495-page report of his atrocities.

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Head of Consumer Financial Protection Bureau Resigns, Giving Trump Chance to Abolish It

This article appeared online at TheNewAmerican.com on Wednesday, November 15, 2017: 

English: Richard Cordray, Attorney General of Ohio

Richard Cordray

Richard Cordray, the rogue head of the unaccountable Consumer Financial Protection Bureau (CFPB), announced on Wednesday that, effective at the end of the month, he would be leaving his post. His term doesn’t run out until July of 2018, but he’s leaving early with no reason being offered. In an internal e-mail he told his 1,623 employees, “I have told the senior leadership … that I expect to step down from my position here before the end of the month.”

The CFPB was created in July 2011 as part of the Dodd-Frank bill that was hastily passed following the real estate crisis of 2007-2008 that led to the Great Recession. It is physically located inside

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Trump’s Establishment Pick for Fed Chair, Jerome Powell, Won’t Rock the Boat

This article appeared online at TheNewAmerican.com on Friday, November 3, 2017: 

Nothing will change with Trump’s nomination of Powell to head the Fed. He has a strong establishment background and opposed former Congressman Ron Paul’s effort to “Audit the Fed.”

In announcing his pick to replace Federal Reserve Board chair Janet Yellen, President Trump was generous in his praise for Jerome Powell, a present Fed board member:

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Maduro Blocks Opposition, Is Kept in Power by Banks and Marxist Allies

This article appeared online at TheNewAmerican.com on Friday, October 20, 2017: 

English: Logo of The Goldman Sachs Group, Inc....

Days after the fraudulent election of mayors in Venezuela, Marxist dictator Nicolás Maduro banned the five mayors from the opposition party from taking office. He replaced them with party hacks, all but ending any opposition to his increasingly repressive regime. The election, in which 17 of the 23 mayoral races went to Maduro supporters, was widely criticized for being manipulated in order to give the country’s dictator the win.

Evidence that the election was fraudulent provided by the opposition is being ignored, with the head of Maduro’s National Electoral Council, Tibisay Lucena, calling the elections

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What if Your Customer Can’t Buy Your Product, but Wants to?

This article was published by The McAlvany Intelligence Advisor on Monday, October 16, 2017:

There are two basic rules of economics. The first is: if prices go down, more will be demanded. The second is: both sides of any economic transaction must benefit or there’s no deal.

The fracking revolution in the United States has pushed the price of crude oil down to the point where it is threatening the very existence of the OPEC cartel. Consumers are saving at the pump and the energy industry in the U.S. employs more than 10 million people, making up eight percent of the country’s gross domestic product.

But there’s been an all but invisible transformation taking place in natural gas. At least two of the Big Oil companies sell more natural gas than they do crude oil.

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EV Revolution to Drive Oil to $10 a Barrel, Says Forecaster

This article appeared online at TheNewAmerican.com on Monday, October 16, 2017:

Shell Oil Company

Chris Watling, the CEO of Longview Economics, told CNBC on Friday that Saudi Arabia should hasten the sale of part of its Aramco oil company while the price of crude is still high: “I think they need to get it away quick before oil goes to $10 [per barrel].” Added Watling: “We forget, don’t we? 120 years ago the world didn’t live on oil. Oil hasn’t always driven the global economy. The point is, alternative energy in some form is gathering speed.… Things are changing.”

Watling’s views coincide with those of Bloomberg New Energy Finance (BNEF) in their just-released 2017 Long Term Electric Vehicle Outlook, which concluded that by 2040

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Jury Punishes JPMorgan With $4 Billion in Damages for Mishandling $20 Million Estate

This article appeared online at TheNewAmerican.com on Wednesday, September 27, 2017:

English: Category:JPMorgan Chase

Attorneys for the widow and children of Max Hopper, the developer of the SABRE reservation software used by American Airlines, wanted to deliver a message to JPMorgan. On Tuesday they got their wish. Their attorneys announced that not only did the six-member jury award them nearly $5 million in actual damages, plus another $5 million to cover their legal fees for bringing a lawsuit against the bank, the jury doubled what the family wanted in punitive damages. They wanted to make an impression on the bank that would be heard all way from Dallas to 270 Park Avenue, New York City, the bank’s headquarters.

The jurors, apparently so outraged after listening to the bank’s fraudulent, negligent, and malicious behavior toward Hopper’s widow and two children, decided to

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Price-gouging Laws Guarantee Shortages in Miami

This article appeared online at TheNewAmerican.com on Friday, September 8, 2017: 

Florida Attorney General Pam Bondi (shown) railed against so-called price gougers at a press conference in Tallahassee on Wednesday night: “It’s sickening. It’s disgusting. It’s unacceptable and we’re not going to have any of it.” She then provided the number for Floridians who think they’re being ripped off to call to complain: 1-866-9NO-SCAM.

Bondi doubled down the next day, telling would-be “gougers”:

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The IRS Continues to Hire Repeat Offenders

This article was published by The McAlvany Intelligence Advisor on Wednesday, August 23, 2017: 

Following its investigation in 2014, the Treasury Inspector General for Tax Administration (TIGTA, shown above) concluded that the IRS was hiring previously employed thugs with known criminal backgrounds, including backgrounds of failing to file or pay their income taxes, falsifying documents, accessing private records of American taxpayers in order to harass them, disruption while at work, and taking time off without permission.

It made various suggestions to the IRS, which were ignored. When an unnamed Senator asked the TIGTA to do an update, the IG found that nothing had changed: thugs were still hiring thugs at the IRS.

From the update released in July:

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Inspector General Says the IRS is Rehiring People Who Were Fired for Illegal Behavior

This article appeared online at TheNewAmerican.com on Tuesday, August 22, 2017: 

Seal of the United States Internal Revenue Ser...

Seal of the United States Internal Revenue Service.

The IRS ignored a report issued in December 2014 by the Treasury Inspector General for Tax Administration (TIGTA) that revealed that the Internal Revenue Service (IRS) was rehiring people it had previously fired for misconduct. That misconduct included failure to file and pay their own income taxes, falsifying documents, and theft of and illegal use of sensitive taxpayer information. What’s to keep the IRS from ignoring that report’s update, released in late July?

The latest report from the TIGTA scorned the IRS for continuing the practice:

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Sessions Links Chicago’s Mayor to City’s Crime, Calls Him a Dictator

This article was published by The McAlvany Intelligence Advisor on Friday, August 18, 2017:  

This map shows the incorporated and unincorpor...

This map shows the incorporated and unincorporated areas in Miami-Dade County, Florida,

The decibel level in the war of words between Trump’s AG Jeff Sessions and Chicago’s Mayor Rahm Emanuel reached painful heights on Wednesday. At issue is illegal immigration, and harboring illegals or deporting them. The underlying issue is the conflict of power between the federal government and the states.

The Federalist considered the issue and concluded that immigration, legal or illegal, was a concern only of the states, and of no concern to the national government:

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Questions for President Trump on Venezuela

This article was published by The McAlvany Intelligence Advisor on Monday, August 14, 2017:

Português: Brasília - O chanceler da Venezuela...

Nicolas Maduro

Inquiring minds are asking: what on earth is the US doing meddling in the affairs of Venezuela? The media has broadcast the rolling and accelerating disaster taking place there, with some even properly blaming it on socialist practices unleased by Marxist Hugo Chavez (they are called “Chavism” and its supporters are called “Chavists”) and his protégé, Nicolas Maduro.

Those policies, enforced with increasing vengeance upon a powerless citizenry, have all but destroyed a country that once was one of the most prosperous in South America.

Grant the point. But does this justify in any way U.S. interference? Does it justify sanctions, freezing of assets of Maduro and his henchmen, and removing the freedom of Americans to do business with him, or them? Notice please that the sanctions only apply to about 30 of Maduro’s people and not to any of the 20 or so American oil refineries currently supporting Maduro’s Marxist regime to the tune of a billion dollars a month.

Here are some other questions:

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Maduro’s Revolution Is Eating Its Own

This article appeared online at TheNewAmerican.com on Monday, August 7, 2017:  

Português: Brasília - Entrevista do presidente...

Nicolas Maduro, the communist thug who now rules Venezuela

Following the typical historical pattern of socialist takeovers, the Venezuelan National Constituent Assembly (NCA) replaced the duly elected National Assembly on Friday, opening the ceremony with a speech from a Cuban communist guerrilla, followed by a speech reflecting a total disconnect from reality, and ending with giving the boot to a former Chavista who has in recent months become an embarrassment.

Reiterating the theme that the United States, and especially President Donald Trump, is responsible for Venezuela’s troubles, Fernando Soto Rojas, a Cuban-trained guerilla, opened the meeting of the NCA, shouting, “Yankee imperialism has not been able to stop the march of the people!”

The NCA then appointed Maduro’s foreign minister Delcy Rodriguez as head of the new body. Her total disconnect from reality was exposed by her claim that

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Chicago Mayor Emanuel Files Suit to Block Federal Withholding of Grant Funds

This article appeared online at TheNewAmerican.com on Monday, August 7, 2017:

Chicago Mayor Rahm Emanuel (shown) announced over the weekend that he would be filing a motion to stop the federal government from withholding grant funds under the Edward Byrne Memorial Justice Assistance Grant (JAG) program. Municipalities such as Chicago receive this funding to help them fight crime. Lord knows, crime is rampant in Chicago. But federal funding, which Chicago has been receiving all along, does not necessarily mean less crime. It does mean, however, that the federal government, as the provider of the funding, may use the funding as leverage to get the recipients to do what the feds want them to do — in this case, upholding federal immigration laws.

After all, isn’t this simply a case of (to quote an old adage):

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Maduro’s Socialist Revolution in Venezuela is Now Complete

This article was published by The McAlvany Intelligence Advisor on Monday, August 7, 2017: 

Now that protesters have left the scene and Maduro has removed the primary thorn in his side, the socialist revolution begun by Marxist Hugo Chavez two decades ago now appears to be complete.

Before the new illegally elected National Constituent Assembly (NCA) took over on Friday, Maduro’s Prosecutor General, Luisa Ortega Diaz (shown), had become a thorn in his side. A hard-core Chavista, Diaz was appointed in 2007 and helped Hugo Chavez cement his position in place as Venezuela’s Marxist dictator. When her term ran out in 2014 she was appointed for another six-year term.

Things went sideways earlier this year when Maduro declared that

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