A Beacon of Liberty
Isolationism and the Strategic Dilemma
Strategic and selective engagement, where the US chooses battles that protect its sovereignty, economic prosperity, and geographic security without being entangled in endless ideological wars.
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Breaking News
White House Plans To Propose a “Historic” “Defense” Budget
Ruler of the United States, Donald Trump, has proposed a $1.5 trillion “defense” budget in order to fund the war with Iran. On Friday, the ruler also requested a 10% cut in non-defense spending for the 2027 fiscal year.
Trump Calls Greenland A “Poorly Run Piece of Ice”
United States President Donald Trump has reset his sights on Greenland, now that Washington, Iran, and Israel have agreed to a ceasefire. Trump has notoriously suggested that the U.S. take over Greenland, and recently called it a “poorly run piece of ice.”
Russia Attacked A Ukrainian Defense Facility
Overnight, Russia attacked a Ukrainian defense industry facility. According to officials, a military depot and an airfield were also struck. “All designated targets have been hit,” the Defense Ministry in Moscow said in its statement. “The objectives of the stri…
White House Plans To Propose a “Historic” “Defense” Budget
Ruler of the United States, Donald Trump, has proposed a $1.5 trillion “defense” budget in order to fund the war with Iran. On Friday, the ruler also requested a 10% cut in non-defense spending for the 2027 fiscal year.
Trump Calls Greenland A “Poorly Run Piece of Ice”
United States President Donald Trump has reset his sights on Greenland, now that Washington, Iran, and Israel have agreed to a ceasefire. Trump has notoriously suggested that the U.S. take over Greenland, and recently called it a “poorly run piece of ice.”
Marc Faber on Bloomberg News – May 14, 2009
Marc Faber discusses the market rally, longer term economic and financials outlook, and investment ideas.
Gerald Celente Trend Alert May 13, 2009: The Bubble to End All Bubbles
Gerald Celente, founder of the Trends Research Institute, alerts followers of a massive collapse that is in the works.
White House Czar Calls for End to ‘War on Drugs’
The Obama administration’s new drug czar says he wants to banish the idea that the U.S. is fighting “a war on drugs,” a move that would underscore a shift favoring treatment over incarceration in trying to reduce illicit drug use.
Jim Rogers Says the Rebound Cannot Last (CNBC May 11, 2009)
Jim Rogers appears on The Kudlow Report May 11, 2009 to discuss politics and economy in China, the outlook for commodities, President Obama’s stimulus packages, the market rally, and his forecasts on a market bust.
Marc Faber Expects Short-Term Market Correction, Then Another Rise Into July (May 9, 2009)
Marc Faber on Howe Street May 9, 2009. Dr. Faber, editor and publisher of the Gloom Boom & Doom Report, discusses the recent runup in the financial markets, potential for a correction and another runup into July, US Treasury bonds, green shoots, commodites and short and…
Jim Rogers May 11, 2009: It’s Time for a Correction
Jim Rogers guests hosts on Bloomberg Television May 11, 2009. Mr. Rogers discusses government intervention in markets, stimulus, commodity fundamentals, bonds.
Peter Schiff: The Free Market Wants to Bankrupt GM – May 11, 2009
Peter Schiff gives a speech at the Hard Assets Investment Conference on May 11, 2009. Topics of discussion include the stimulus package, GM bankruptcy, and a government driven workforce.
Wanda Sykes to President Obama: I Wouldn’t Be Surprised to See You Mowing the White House Lawn
At this year’s annual White House Correspondents’ dinner, Wanda Sykes roasted the president and his administration a little bit. Whether you are a fan of President Obama or not, this video is worth a watch for a little light-heartedness during a time of crisis.
SNL Geithner: I Am Proud to Say That Every One of 19 Banks Scored a Pass!
Saturday Night Live is getting in on the Bank Stress tests. This skit points out the comedy in the bank stress tests and how the results are being reported.
Bob Chapman says World Stock Market Collapse Imminent
International Forcaster Bob Chapman continues to warn investors that it is time to get out of the stock market.
Peter Schiff: These stress tests are a joke. They were reverse engineered. There is no stress in these tests. – May 8, 2009
Peter Schiff, president of Euro Pacific Capital, appears on Countdown to the Closing Bell May 8, 2009.
Gerald Celente Trend Alert May 7, 2009: Green Shoots will Wither and Conditions will Deteriorate
Gerald Celente, founder of The Trends Research Institute, and editor of the Trends Journal says that the green shoots we have been hearing about will soon “wither and conditions will deteriorate.”
Banned from Britain: Talk Show Host Michael Savage No Longer Allowed on British Soil
Radio host Michael Savage has been banned from the United Kingdom as of May 5, 2009. Home Secretary of Britain, Jacqui Smith, claims that Savage ferments hatred of such extreme views that it is likely to cause inter-community violence if he were allowed into the country…
Amazon CEO Jeff Bezos Unloads $250 Million Worth of Amazon Stock in 5 Days
Inquiring minds want to know why CEO of Amazon.com Jeff Bezos has unloaded $380 Million worth of Amazon stock since February, and over $250 million in just the last 5 days as Amazon stock is rising during the market rally.
The Rise Of China: Doubles Military Spending, Focused on US Asian Intersts
Reuters reports that China’s military is expanding to protect its security needs and may be focusing on US intersts in the region.
Wall Street Meltdown: Video
This is a sequel to a video parody made in December 2007 entitled Wall Street Meltdown (see it below) that chronicled the developing financial crisis of 2007. Redux picks up where the original left off and covers the deepening crisis in 2008.
Bob Chapman: If you are not an insider, you need to get out of the stock markets and bond markets – NOW!!!
International Forecaster Bob Chapman on the suckers rally and the safest investment to make in this downward spiral.
Get Ready for Freaky Friday: Stress Tests to be Released Thursday after Market Close
Bloomberg reports that the much anticipated bank stress tests will be released Thursday, May 7 after the close of the stock markets. Could the results of the bank stress tests be the foot that stomps the green shoots we’ve heard of so much lately?
Jim Rogers: Most of These Banks are Bankrupt – May 1, 2009
Jim Rogers interviewed in May 2009, discusses the power of the current market rally, bank stress tests, bank stocks, commodity fundamentals, China, and gold.
The Recession is Over – Depression Has Been Avoided
If you happen to be perusing the internet these days, you’d think the recession is over, we’ve avoided depression, and home prices were about to recover fully.
