Monthly Archives: November 2016

The Witch-Hunters, by Justin Raimondo

This is probably the last article SLL will post about the Washington Post article on so-called “Russian-influenced” “fake news” web sites. It still stings that SLL wasn’t on it. From Justin Raimondo at antiwar.com:

No one outside of a few obsessed cranks would’ve noticed it if the Washington Post hadn’t given it front page prominence last week: a formerly obscure web site, propornot.com, which purports to identify a “Russian active measures” campaign with some very specific goals in mind As Post “reporter” Craig Timberg put it:

“The flood of ‘fake news’ this election season got support from a sophisticated Russian propaganda campaign that created and spread misleading articles online with the goal of punishing Democrat Hillary Clinton, helping Republican Donald Trump and undermining faith in American democracy, say independent researchers who tracked the operation.”

While the Post piece doesn’t link directly to the propornot site – because doing so would’ve exposed its laughably amateurish “methodology” for all to see – Timberg does mention their list of online Boris Badenovs, including not only Antiwar.com but also the Drudge Report, WikiLeaks, David Stockman’s Contra Corner, the Ron Paul Institute, LewRockwell.com, Counterpunch, Zero Hedge, Naked Capitalism, Truthdig, Truth-out, and a host of others. These sites, according to the Post, not only promoted a barrage of “fake news” with the aim of defeating Mrs. Clinton, but they did so at the behest of a “centrally-directed” (per propornot) intelligence operation undertaken by the Russians. So what did this “fake news” consist of? Timberg “reports”:

“Russia’s increasingly sophisticated propaganda machinery – including thousands of botnets, teams of paid human ‘trolls,’ and networks of websites and social-media accounts – echoed and amplified right-wing sites across the Internet as they portrayed Clinton as a criminal hiding potentially fatal health problems and preparing to hand control of the nation to a shadowy cabal of global financiers. The effort also sought to heighten the appearance of international tensions and promote fear of looming hostilities with nuclear-armed Russia.”

To continue reading: The Witch-Hunters

Real Money and Why You Need it Now (Part 2), by Bill Bonner

The concluding half of Bill Bonner’s analysis of real money (gold), From Bonner and bonnerandpartners.com:

What troubles my sleep is what is not in the textbooks.

Central banks are in the process of making trillions in government debt disappear. Governments borrow money that doesn’t exist. The debt is bought up by the central bank, which creates money for that purpose. The interest paid to the central bank on the debt is paid back to the U.S. Treasury (that’s the deal between the Fed and the U.S. government).

Then, when the bond matures, the “normal” thing would be for the borrower – the U.S. government – to repay the loan. This repayment money would have to come out of the economy and into the Fed’s vaults, thus reducing the amount of money in circulation and triggering an economic slump.

The federal government would have to run a surplus in order to actually be a net payer of debt rather than a net borrower. That’s not going to happen. Instead, it borrows more – to repay the old loan – and adds further fuel to hot asset markets. The debt is never settled… it goes on forever… eternally unpaid, forgotten in the bank’s vaults. It is as if it had disappeared completely.

The debt may disappear. But the credit – the money put into the economy to create the debt – lives on. It spends its days chasing asset prices. Stocks, bonds, real estate, art – all go up. Bread and automobiles remain more or less where they were. Who complains?

Keynesian economists Larry Summers of Harvard and Paul Krugman of Princeton practically drool when they think of it… a paradise where governments can redistribute wealth and undertake huge capital investment projects – roads, hospitals, bridges, harbors – at no cost. The feds get to borrow money, hire people, and spend on pet projects. Then, as if by magic, the debt vanishes. What could be better?

To continue reading: Real Money and Why You Need it Now (Part 2)

Real Money and Why You Need It Now (Part 1), by Bill Bonner

Gold is “Real Money,” and Bill Bonner explains why. From Bonner at bonnerandpartners.com:

Many years ago, before the invention of modern money or capitalism, people still had wealth – although limited. And they still had ways of keeping track of it. The principle of “fair trade” seems to be in our DNA.

If you give something to your neighbor, you don’t expect him to hit you over the head. You expect him to give you something back. And if you give him a whole cow and he gives you half of a rabbit, some instinct tells you it isn’t “fair.”

Small communities could keep track of who owed what to whom. But as civilization evolved, a new kind of money was needed.

In a group of related people in an isolated valley, you could remember that your cousin should give you something roughly equal in value to the wild pig you gave him… and that you should offer your son or daughter to the family from which you had gotten your wife… and so on.

But as the group grew bigger, people needed a way to settle transactions without having to trust the people they were doing business with or remember who owed what to whom.

When Aristotle described “money” he had our modern money in mind – something that is not wealth but acts as a placeholder for wealth. It is information; it tells you how much real wealth you can command.

For the last 5,000 years, the best money has been gold (and to a lesser extent, silver). Gold is very useful as money. With it, you can do business with complete strangers. It can be used to stand in for almost any amount of wealth. Later, paper money – representing units of gold or silver – made commerce even easier. Without this modern money, an advanced economy wouldn’t be possible.

To continue reading: Real Money and Why You Need It Now (Part 1)

 

 

Doug Casey’s Two Days with the Real and Wannabee Elite

Doug Casey got to rub elbows with the elite, and seems none the worse for the experience. There is no danger that Casey will ever go elitist or globalist. From Casey at lewrockwell.com:

Recently I made a few comments about the world’s self-identified “elite”, and also about the migrants that are plaguing Europe.

Happily, I was able to do some one-stop shopping on both of these topics when I was in New York to attend a very elitist and Globalist conference. I’m not going to name it because its organizers/sponsors are business partners of mine. And since they spent multimillions putting it together, and I pretty much despised their invitees, I’m not about to identify it exactly. Just let me say that the conclave has aspirations to become another Council on Foreign Relations, Bilderberg, Bohemian Grove, Atlantic Council, or Davos. Same kind of people, same ideas. Uniformly bad ideas. But ideas that the public has been brainwashed into thinking are good.

A lot of people are afraid these groups control the world, or at least governments. They don’t. They’re social gatherings for high level government employees and NGO types who like to network, and feel relevant. And lots of their minions, who enjoy the rich food, pretending they’re big shots too, while listening to pontifications by actual big shots. They hope they can cozy up to them, close enough to ride a richer gravy train.

The avowed purpose of this conclave was to “build the public-private partnership”—the exact definition of fascism. So there were also lots of big league corporate types who want to “make a difference”, and rich guys who want to be known for something besides having money.

To continue reading: Doug Casey’s Two Days with the Real and Wannabee Elite

A Revolutionary Possibility, by Robert Gore

Online publishing will do to traditional publishing what online journalism has done to traditional media.

The traditional publishing industry publishes two kinds of novels: beach and bookshelf.

Beach novels populate the bestseller lists. They’re digested easily at the beach, no matter how often you check out the babes or hunks strolling by, no matter how many piña coladas or brews you’ve imbibed. Digested is the right word. People enjoy a meal but don’t much ponder or contemplate it, especially after it’s over. Beach novels are pleasant enough reading, but the world little notes nor long remembers them. Google a bestseller list from ten years ago. The titles have had the same staying power as sitcom episodes from that time.

You will, however, recognize the authors. Most of them are still cranking out the beach books on current bestseller lists. The publishing industry term for beach books is genre fiction—thrillers, historical, romance, etc. The categories are rigid and woe to the writer who strays outside them. Beach books are undoubtedly the most profitable part of book publishing.

entertaining and thought-provoking

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The Holy Grail is the franchise, when an author regularly (once a year seems the norm) cranks out a book that follows the formula his or her adoring fans demand, for which they reliably plunk down the hardcover, paperback, or Kindle asking price. A franchise is the closest thing in publishing to an annuity. Staggering riches accrue to the publisher’s parent company if other subsidiaries in the conglomerate can turn the book franchise into movies, television shows, video games, mass market merchandise, and action figures.

How much satisfaction do authors get from writing books that are only marginally different from their previous books, year after year? Make enough money and the question may be irrelevant. Tom Clancy was a minority owner of the Baltimore Orioles, which takes a lot of scratch.

It’s telling that abandoning writing appears to be the pinnacle of success for a number of franchise writers. They find a “co-author,” who does most if not all the writing, give their own name top billing, and their “collaborations” find their accustomed place on the bestseller lists. For a lucky few, like Clancy, their franchise is so powerful that they can retain their spot even after they’ve died. Perhaps that elite group is not so lucky—they’re dead after all—but their posthumous success testifies to the drawing power of their names.

Bookshelf books, so named because they find their place on all the right bookshelves, win dazzling reviews and prestigious awards. They’re in the publishing industry category known as “literary fiction,” which is distinct from genre fiction. Once in a while they make the bestseller lists, but to sell that many books a lot of people have to read them. Literary fiction usually attracts a small fraction of the readership of beach books; once displayed on the bookshelf it stays there, unread.

“Uncultivated” readers have their preferences: strong characters, especially heroes, fast-moving plots, and straightforward style, with underlying themes, messages, or morals secondary, and often unnoticed, elements. In literary fiction, plots are optional and characters are often unsympathetic (e.g., drunks, addicts, deviants, perverts, and criminals). Style, however, looms large, generally screaming: “Look at me, the prodigious and precocious author who crafts precious-gem sentences that not only bedazzle but confuse the hell out of you, the hapless reader.” Your reaction is supposed to be the same as what many experience visiting museums of modern art: “This must be great because I don’t understand it.”

Like modern art, literary fiction has its caste perched loftily above the masses. They come from the same creative writing programs, write “Destined to be a Classic!” reviews for each other, and cast the votes for the literary prizes. When they’re not crafting destined-to-be-classics, they fashion articles in small-circulation journals and literary reviews (they “craft” and “fashion,” rarely engaging in anything so commonplace as writing). Favorite themes: little guys, gals, and communities ground down by corporate (but rarely government) power, or just capitalism in general; sneering takes on the empty lives of little guys, gals, and their communities; screeds against consumerism and materialism; paeans to collectivism; the virtues of various racial, ethnic, sexual, and gender-preference minorities, and odes to depraved anti-heroes.

No surprise that the literary caste shares many traits with the movie and television industry, the culture and art establishment, the mainstream media, and the powers that be. It’s coastal, affluent, insular, statist…and under siege. Just as the Internet has enabled the ascent of the alternative media, it has given rise to affordable self-publishing and wide distribution. Twenty years ago, an author had to run a gauntlet: find an agent, then a publisher; extensive editing and rewrites; bickering over layouts and graphics; publication, and then publicity—grueling self-promotion with a modicum of publisher support for all but the franchise writers. Out of favor literary or political points of view were shut out. Good writing will always require extensive editing and rewriting, and selling a book will always entail publicity and self-promotion, but the traditional publishers and literary agencies are no longer the unchallenged gatekeepers.

The biggest threat to self-publishing is its own prolific output. Thousands of titles are published daily, and many of them are not well written or edited. That doesn’t have to be the case. Everything traditional publishers offer, including writing instruction and editing, can be purchased in packages or a la carte from either companies or individual free lancers. The market is working its way around the glut problem, too. There are online discussion and review forums where the wheat gets separated from the chaff. Amazon’s reviews, rating system, sales rankings, and postal and ebook distribution have become the go-to for millions of readers. In terms of numbers, they leave traditional literary reviews eating the same dust as the Drudge Report kicks up for mainstream media outlets.

The most revolutionary aspect of online self-publishing is its potential to knock down the wall between entertaining and thought-provoking fiction. The separation of beach and bookshelf is one of those self-evident shibboleths that becomes not at all self-evident as soon as someone questions it. Why can’t novels combine intriguing plots, strong characters, entertaining style, and challenging themes? It’s not easy, but it’s not impossible. Such novels invariably obliterate the conventional publishing industry’s sacrosanct genre classifications.

At its best, a novel both compels us into the author’s imaginative world and demands that we think about our own. That kind of excellence won’t come from mainstream publishing, any more than the truth will come from the mainstream media. Novels may seem like a quaint anachronism in our time-pressed, gadget-obsessed, short-attention-span world, but it is those features of modern life that make great novels more vital than ever. Facts, trends, and analysis are the “now” rushing by. What’s happening? Where are things going? “What’s ‘everybody’ doing? Novels are contemplation, reflection, and ultimately, wisdom. What’s important to me? Where am I going? Where is the meaning in my life? Great novels go beyond what is and ask what ought to be, for both the individual and society. A life in which those questions are never asked is a barren life indeed.

If you’re looking for interesting, entertaining, challenging, and thought-provoking, check out Prime Deceit, The Golden Pinnacle, and The Gordian Knot.

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He Said That? 11/27/16

From Otto von Bismarck (1815–1898), Prussian statesman:

People never lie so much as before an election, during a war, or after a hunt.

Is This The Democrats’ Real Strategy In Launching Recounts? by Tyler Durden

Are the Democrats trying to throw the presidential vote into the House of Representatives, where Trump would probably win, but which cast doubt on the legitimacy of his presidency? From Tyler Durden at zerohedge.com:

Over the past couple of days we’ve written numerous times about Jill Stein’s recount efforts in WI, MI and PA (see here, here and here). And while it’s clear that Stein intends to move forward with recounts in all three states (she’s now up to $6.1mm in donations), what is unclear, and quite perplexing, is exactly why she’s pursuing these recounts in the first place. Here are the potential justifications from Stein’s perspective, as we see them:

  1. Personal self-interest? – Obviously, No. With less than 1% of the vote in WI, MI and PA, Stein obviously has no shot of winning any of the states in question.
  2. Hopes of recount tipping states to Hillary? – No. Multiple experts and even Hillary campaign insiders have admitted that overturning election results with a margin of victory of several 1,000 votes is extremely unlikely. To win, Hillary would have to flip WI, MI and PA even though she trails by ~20k, ~12k and ~70k votes in each of those states, respectively…not going to happen.
  3. Exposing voting machine hacking? – No. Even the Obama administration has confirmed the the election was “free and fair from a cybersecurity perspective” and that votes “accurately reflect the will of the American people.” By failing to present even a shred of evidence of vote tampering in her WI recount petition, instead choosing to focus on wild conspiracy theories, Stein effectively also admits that there was no “hacking” of voting machines.
  4. Fundraising scam to get millions in donations from disaffected Hillary voters? – Maybe. As of right now, Stein has raised ~$6mm of the $7mm she says she needs to fund recount efforts. Assuming Stein goes through with recounts in all three states and her cost estimates are reasonably accurate then she won’t really have that much money left over to be added to the general Green Party coffers.

So, with no practical reason for forcing recounts, what exactly is Jill Stein up to?

Fidel Castro and the American Empire, by Antonius Aquinas

It’s an ugly suggestion, that sometimes the US must bear some of the blame for its problems, but that’s exactly what Antonius Aquinas is suggesting. From Aquinas, on a guest post on theburningplatform.com:

The death of the brutal Cuban Communist dictator Fidel Castro closes the door, in some respect, on another disastrous page in US foreign policy history. For all the denunciations and criticism of Castro from conservative elements and exiled Cubans, his despotic rule was the outcome of decades of American imperialism which began with President William McKinley’s infamous decision to wage war on hapless Spain in 1898.

The defeat of Spain and the confiscation of its possessions, which the US imperialist and corporate forces had longed prized, set the stage for the nation’s hubristic foreign policy course throughout the 20th and 21st centuries. America’s action against Spain showed its ungratefulness for it attacked the country that did more for it than any other (including France) in its struggle for independence. Maybe Castro’s interminable reign, which had always been a thorn in the side of US globalists, was payback for America’s wanton aggression against Spain.

Castro’s rise to power came about not only through the bungling of American diplomacy, but also from genuine “populist” support directed against the thoroughly corrupt regime of the US puppet in charge at the time, Fulgencio Batista. Even by Latin American standards, the corruption which existed under Batista was legendary!

The US government played an enormous role in Batista’s second presidency which began when he seized power in 1952. Throughout his second tenure, Batista received massive kickbacks from American multinational businesses for grants of monopoly privileges on the island. The most notable was the ITT corporation.

To continue reading: Fidel Castro and the American Empire

The Western War On Truth, by Paul Craig Roberts

The more corrupt the government, the more truth becomes the enemy. From Paul Craig Roberts at paulcraigroberts.org:

The “war on terror” has simultaneously been a war on truth. For fifteen years—from 9/11 to Saddam Hussein’s “weapons of mass destruction” and “al Qaeda connections,” “Iranian nukes,” “Assad’s use of chemical weapons,” endless lies about Gadaffi, “Russian invasion of Ukraine”—the governments of the so-called Western democracies have found it essential to align themselves firmly with lies in order to pursue their agendas. Now these Western governments are attempting to discredit the truthtellers who challenge their lies.

Russian news services are under attack from the EU and Western presstitutes as purveyors of “fake news.” http://www.globalresearch.ca/moscow-accused-of-propagating-fake-news-eu-resolution-on-russian-propaganda/5558835 Abiding by its Washington master’s orders, the EU actually passed a resolution against Russian media for not following Washington’s line. Russian President Putin said that the resolution is a “visible sign of degradation of Western society’s idea of democracy.”

As George Orwell predicted, telling the truth is now regarded by Western “democratic” governments as a hostile act. A brand new website, propornot.com, has just made its appearance condemning a list of 200 Internet websites that provide news and views at variance with the presstitute media that serves the governments’ agendas. http://www.propornot.com/p/the-list.html Does propornot.com’s funding come from the CIA, the National Endowment for Democracy, George Soros?

I am proud to say that paulcraigroberts.org is on the list.

What we see here is the West adopting Zionist Israel’s way of dealing with critics. Anyone who objects to Israel’s cruel and inhuman treatment of Palestinians is demonized as “anti-semitic.” In the West those who disagree with the murderous and reckless policies of public officials are demonized as “Russian agents.” The president-elect of the United States himself has been designated a “Russian agent.”

To continue reading: The Western War On Truth