Free kibbles

ECONOMY:

I keep saying that I don't know why Americans are so optimistic and the stock market so high. It's a delusion. Maybe I wouldn't have realized what was going on either if I hadn't discovered mises.org and lewrockwell.com several years ago, but thanks to people like Ron Paul and Peter Schiff, the economic reality we're facing has gone mainstream, so I think people should have learned by now. Gary North explains how the press is deluding people who allow the press to think for them.

"Occasionally, I read something in the mainstream financial media whose degree of delusion takes my breath away. This is such a sentence (August 2, 2012).

U.S stock index futures pointed to a higher open on Wall Street on Thursday, with investors hoping the European Central Bank will signal further measures to aid growth and prevent the euro zone collapsing.

This was published by CNBC, a cable TV network that remains perpetually bullish. It was posted no later than 6 a.m.
Stock futures up: check.
ECB measures to aid growth: check.
Prevent the eurozone from collapsing: check.
"Another day, another avoidance of the collapse of the eurozone."
Excuse me. A collapse of the eurozone. Is that right? There might be a collapse of the eurozone?"

How anybody can be bullish given that report, no matter how bullish they make it sound, is beyond me. How anybody can think, after every attempt to rescue the eurozone has failed so far, that suddenly Europe's rulers are going to save it this time is beyond me. I was just going to add eurozone to my dictionary, but on second thought, it's not going to be around long enough to make it worth the effort.

Peter Schiff is still bullish on gold.

REGULATION:

It's good to see somebody besides me advocating the abolition of marriage laws.

FEDERAL RESERVE:

Once again Channel 19 in Cincinnati does a great job cutting through the crap and telling people what other news outlets won't, this time about the Fed.

Claim that deflation is impossible because most money today is electronic, not cash. You can't stick electronic digits under your mattress. You can only transfer them from bank to bank. But of course anybody can demand cash for any deposit. I think the real argument here is most of the money supply is in the hands of institutions, and they can't withdraw it and put in under their mattress. In fact, this might be one of the reasons the Fed got rid of all bills bigger than $100.

GLOBAL WARMING AND ENERGY:

New statistical study claims heat waves are due to global warming. Here's another group of frauds who never head of the dust bowl or the Medieval Warm Period.

WAR:

A list of false flag attacks that government agents have admitted to.

Afghan allies are increasing their attacks on NATO forces.

"In 2012 – and twice last week – Afghan soldiers, policemen, or security guards, largely in units being trained or mentored by the U.S. or its NATO allies, have turned their guns on those mentors, the people who are funding, supporting, and teaching them, and pulled the trigger. 
It's already happened at least 21 times in this half-year, resulting in 30 American and European deaths, a 50% jump from 2011, when similar acts occurred at least 21 times with 35 coalition deaths."

One way you can tell people don't want you in their country is when they shoot at you. NATO allies - not just enemies - are shooting at them. We should leave.

FOREIGN POLICY:

Chart comparing US foreign policy to Iranian foreign policy explains why the world hates us.