Tag Archives: Establishment

Is the Federal Reserve Working Against Trump’s Reelection in 2020?

Friday, 23 March 2018 09:03

This article was published by The McAlvany Intelligence Advisor on Friday, March 23, 2018:

English: Short-Run Phillips Curve before and a...

Short-Run Phillips Curve before and after Expansionary Policy

In politics, according to FDR, there are no coincidences. He famously said that “in politics if something happens you can be sure it was planned that way.” The announcement by Trump that he has filed for reelection in 2020 and the pronouncement by the Federal Reserve following it may just be one of those “planned” coincidences.

The pronouncement from Jerome Powell, the new head of the Fed, was, on the surface, comforting:

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Globalist Trump Advisor Gone, Will Americanist Take His Place?

Thursday, 08 March 2018 06:18

This article appeared online at TheNewAmerican.com on Wednesday, March 7, 2018:

DAVOS/SWITZERLAND, 27JAN10 - Gary D. Cohn, Pre...

Gary D. Cohn, FORMER Trump advisor

Following the president’s decision to impose tariffs on aluminum and steel imports, Donald Trump’s chief economic advisor, Gary Cohn, announced his resignation on Tuesday. Cohn had led a team pushing Trump not to impose those tariffs, but lost out to another team pushing to keep America first.

Wall Street took the news poorly, thinking that those tariffs could lead to a trade war. But the Wall Street Journal intimated indirectly in its coverage that something much different, and vastly more important, is at stake.

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Air Force Academy Releases Report on Hate Crime Hoax: Media Goes AWOL

Saturday, 03 March 2018 06:21

This article was written by Bill Jasper, Senior Editor of The New American, and published on Friday, March 2, 2018:

An investigative report by the U.S. Air Force Academy has finally leaked out. Remember the media storm that went on for days and days last September when racial slurs were found outside the dorm room of five black cadets at the Air Force Academy? The headline for Raw Story was typical of the “mainstream” media reaction: “‘Get out!’: Lt General rains hell on Air Force Academy after racist messages were left on black cadets’ rooms.” A video of Lieutenant General Jay Silveria, superintendent of the Academy, “raining hell” on the 4,000 cadets went viral, making Silveria the new media darling, supposedly representing a voice of courageous tolerance in the new era of Trumpian intolerance. The problem was, Silveria, like his media cheerleaders, had jumped the gun. Rather than properly waiting for the completion of the official investigation, he rushed into an orgy of virtue signaling that maligned the innocent cadets and the entire Academy with the false and ugly taint of racism.

As we reported here on November 11,

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Establishment Insider Calls for Military Intervention in Venezuela

Thursday, 11 January 2018 06:34

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

Tuesday, 09 January 2018 16:17

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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Economist Mark Zandi Exposes His Statist Worldview

Tuesday, 09 January 2018 06:13

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

Mark Zandi should be embarrassed. Not because he is an establishment economist. Not because he is a Keynesian. And not because he’s not a smart guy. He should be embarrassed that someone allowed him to publish nonsense about the state of the economy in order to promote his worldview.

He lives in a world that is behaving much differently than he expected or than he apparently wants. He wants the Trump tax reform law to fail. He must admit that the economy is working much better than he ever expected it to. But, in the end, he says that it’s all a mirage, temporary, that the resurgence measured by nearly every metric isn’t going to last.

He is establishment to the core, and perhaps that’s why he’s willing to go to the mat for a worldview that is being overturned and increasingly discredited: that statists can control things much better than an uncontrolled “free” economy can.

He admitted in an article for CNBC that things are going just swimmingly:

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Hung Jury for New Jersey Democrat Senator Menendez in Corruption Trial

Friday, 17 November 2017 07:15

This article appeared online at TheNewAmerican.com on Thursday, November 16, 2017:

Robert Menendez, U.S. Senator from New Jersey.

Robert Menendez, Democrat U.S. Senator from New Jersey

After eight weeks of listening to more than 50 witnesses in the corruption trial of New Jersey Senator Bob Menendez (D) and his friend, Florida eye surgeon Salomon Melgen, the jury couldn’t reach a verdict. This forced the judge in the trial — who has been involved in it since 2015 when the Justice Department first brought charges — to declare a mistrial: “I find that you [the jury] are unable to reach a verdict and that further deliberations would be futile and that there is no alternative but to declare a mistrial.”

When the prosecution asked Judge William Walls to have the jury consider each of the dozen charges separately (called a partial-verdict instruction), Walls declined, holding that

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Mitch McConnell Deliberately Stalling Trump’s Judicial Confirmations

Tuesday, 14 November 2017 06:35

This article was published by The McAlvany Intelligence Advisor on Monday, November 13, 2017:

It took a while, but, after six months, 133 conservative leaders saw what Senator Majority Leader Mitch McConnell was up to, and they didn’t like it. He was joining with the Democrats, especially the odious liberal Democrat Senator from New York who is the Senate Minority Leader, Chuck Schumer, to keep the Trump revolution from happening. When the Senate confirmed Neil Gorsuch to take the place of deceased Justice Antonin Scalia in April, McConnell and Schumer realized what Trump was up to: he intended to transform American judiciary to “originalists” and it looked like he certainly had the opportunity. After all there were more than a hundred vacancies and many more elder judges getting close to retirement.

It was a fantastic opportunity. Leonard Leo, the executive vice president of the Federalist Society and informal advisor to Trump, told CBN News that Trump’s opportunity to shape the law for the next several generations is huge:

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Democrats: Victory in Virginia Governor’s Race a Rejection of Trump

Thursday, 09 November 2017 06:45

This article appeared online at TheNewAmerican.com on Wednesday, November 8, 2017:

English: Ed Gillespie at the Republican Leader...

Ed Gillespie

The win by Democrat Ralph Northam over Republican Ed Gillespie in the Virginia governor’s race on Tuesday has breathed desperately-needed oxygen into Democrats who have lost race after race since President Trump was elected a year ago. Some have gone over the top, suggesting that it’s the Republican Party that has now become carrion, whose bones will be picked clean in 2018.

The Washington Post’s James Hohmann could scarcely contain his glee:

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

Tuesday, 07 November 2017 07:23

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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Arizona Senator Jeff Flake Calls it Quits, Blames Trump

Wednesday, 25 October 2017 11:27

This article appeared online at TheNewAmerican.com on Wednesday, October 25, 2017:

It took Arizona’s junior Republican Senator Jeff Flake 17 minutes in a speech to the Senate on Tuesday to say that he’d had enough: “I have decided that I will be better able to represent the people of Arizona and to better serve my country and my conscience by freeing myself from the political considerations that consume far too much bandwidth and would cause me to compromise far too many principles. To that end, I am announcing today that my service in the Senate will conclude at the end of my term in early January 2019.”

Flake said he plans to continue to snipe at the president: “We must be unafraid to stand up and speak out … I plan to spend the remaining fourteen months of my senate term doing just that.”

Initially one might have thought that Flake was attacking the far left — BLM, George Soros, the members of the radical congressional caucuses — blaming them for many of America’s current difficulties: “We must never regard as ‘normal’ the regular and casual undermining of our democratic norms and ideals. We must never meekly accept the daily sundering of our country: the personal attacks, the threats against principles, the reckless provocations.”

But no,

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Mitch McConnell, Meet Your Thorn, Alabama Senator Roy Moore

Thursday, 28 September 2017 05:55

This article was published by The McAlvany Intelligence Advisor on Wednesday, September 27, 2017:

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Readers of the New Testament never really knew what the Apostle Paul’s “thorn in the flesh” was. Speculations range from physical to emotional to spiritual, from temptation to a chronic eye problem, malaria, migraine headaches, epilepsy, or a speech impediment.

Senator Majority Leader Mitch McConnell isn’t likely to have that problem. He’ll know exactly what his thorn is, and he’ll know furthermore that he himself helped that thorn get elected. As this is being written

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U.S. Senate Candidate Roy Moore Pulls Gun at Campaign Rally

Wednesday, 27 September 2017 05:33

This article appeared online at TheNewAmerican.com on Tuesday, September 26, 2017:

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At a rally Monday night, Alabama U.S. Senate candidate Judge Roy Moore pulled out a gun and likely sealed his victory on Tuesday against Republican-establishment candidate Luther Strange.

At the climax of his speech, Moore said, “It’s been very hard for my wife and myself to weather two, nearly three, months of negative ads that we couldn’t answer with money because we didn’t have it. Ads that were completely false. That I don’t believe in the Second Amendment.”

And then, as Moore said,

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Alabama Judge Roy Moore IS a Radical

Thursday, 14 September 2017 05:20

This article was published by The McAlvany Intelligence Advisor on Wednesday, September 13, 2017:

In his attack on former Alabama Judge Roy Moore (shown below), Matthew Sheffield, writing in the left-liberal Salon magazine, actually got it right: former Alabama Judge Roy Moore is a radical. Wrote Sheffield:

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Judge Roy Moore Gaining Momentum Going into Alabama Senate Runoff

Wednesday, 13 September 2017 05:50

This article appeared online at TheNewAmerican.com on Tuesday, September 12, 2017:

Kentucky Republican Representative Thomas Massie is just the latest in an increasingly large number of supporters of Roy Moore, giving him his strong endorsement on Tuesday. Said Massie, “Roy Moore has more political spine than anyone I know,” adding:

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Dana Loesch and the NRA Miss an Opportunity to Tell the Whole Truth About the New York Times

Thursday, 10 August 2017 05:31

This article was published by The McAlvany Intelligence Advisor on Wednesday, August 9, 2017:

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Dana Loesch, the conservative radio talk show host and spokeswoman for the NRA, has cut several videos promoting the pro-Second Amendment group, sometimes with such cutting commentary as to arouse the ire of her intended targets. The latest one that surfaced last Thursday was aimed directly at the mouthpiece of the liberal establishment: The New York Times.

She called out the paper in no uncertain terms:

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No Need for Federal “Chicago Crime Gun Strike Force” if Police Allowed to Do Their Jobs

Saturday, 01 July 2017 05:43

This article appeared online at TheNewAmerican.com on Friday, June 30, 2017:

In an early-morning tweet, President Donald Trump decried the violence in Chicago and announced that he was sending in “federal help.” But the rationale for this “help” would not exist if Chicago police were not hamstrung by the war on cops and the “Ferguson Effect.”

President Donald Trump’s early morning Tweet on Friday decried the continuing violence in Chicago and announced that he was sending in “federal help.” Tweeted the president: “Crime and killings in Chicago have reached such epidemic proportions that I am sending in Federal help. 1714 shootings in Chicago this year!”

As of Sunday June 25 there were 308 murders in Chicago as compared to 311 at the same time last year. President Trump disparaged the continuing violence in Chicago during his campaign and then following his inauguration, calling it “horrible carnage” and “out of control” and threatening to “send in the feds” without defining exactly that he meant.

With the creation of the “Chicago Crime Gun Strike Force” (unfortunately linking crime with guns in the public’s perception) observers are learning more about what he meant:

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Puerto Rico’s Governor Seeks an American Taxpayer Bailout

Tuesday, 13 June 2017 05:21

This article was published by The McAlvany Intelligence Advisor on Monday, June 12, 2017:

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Ever since he announced his campaign for governor of Puerto Rico, Ricardo Rossello, who was installed as the island’s new governor in January, has been pushing for statehood. Offloading his country’s financial problems onto American taxpayers is the American way. By gaining statehood, Puerto Rico would be poorer than Mississippi, the poorest of the American states, and therefore would be the likely recipient of federal largesse by the truckload. As Rossello said so clearly,

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With Nod to Sovereignty, Trump Dumps UN “Climate” Regime

Thursday, 01 June 2017 19:49

This article appeared online at TheNewAmerican.com on Thursday, June 1, 2017. It was written by Alex Newman, a colleague of mine, and is reprinted here with his permission.

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After months of keeping the world in suspense about his intentions, President Donald Trump formally announced that the United States would be withdrawing from the United Nations “Paris Agreement” on alleged man-made global warming. Blasting the non-binding UN scheme as a counterproductive effort to disadvantage America and redistribute U.S. wealth rather than fix the “climate,” Trump portrayed the decision as one that puts “America First.” He also chastised foreign powers and their lobbyists for demanding that the United States continue to handicap its economy under the guise of doing virtually nothing for the climate. The withdrawal, Trump said, represents the “re-assertion of America’s sovereignty” and a fulfillment of his efforts to re-invigorate the American economy. It was also the fulfillment of Trump’s oft-repeated pledge to “cancel” the UN scheme.

However, frustrating some of his supporters and climate realists, Trump also indicated that he was open to either re-negotiating the Paris Agreement or creating a similar international “climate” regime that would be more “fair” to the United States. In fact, the president even offered to work with Democrat Party leaders to create a new global-warming scheme — provided

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The Sausage-Making in Washington Begins

Thursday, 25 May 2017 05:30

his article was published by The McAlvany Intelligence Advisor on Wednesday, May 24, 2017:

Engraving of Otto von Bismarck

Engraving of Otto von Bismarck (Photo credit: Wikipedia)

Now that the White House has released the budget for fiscal year 2018, the quote from Otto von Bismarck becomes operative: “Laws are like sausages; it is better not to see them being made.” But that only becomes operative after the election, about which H. L. Mencken said, “Every election is a sort of advance auction sale of stolen goods.” And when those stolen goods exceed $4 trillion, everyone has a distinct interest in getting, keeping and expanding his share.

When Trump’s “blueprint” was rolled out in March, it provided the bare bones of what he hoped it might accomplish:

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