The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Zero Hedge Lays It Down, Mead Sort Of Picks It Up

by Smitty For most of the past four or five years, I have spent the majority of my time studying the dominant forces that fuel the power structure that exists in these Unites States today, and indeed throughout the world.  My education began quite suddenly and unexpectedly in the middle of the last decade when I […]

‘Shut Up!’ The Modern Monetary
Theorist Explained

by Smitty Essentially, there are four preconditions in Modern Monetary Theory: Money enters the economy through government spending, as the total amount of money is constrained not by gold but by the total output of the national economy; Government spending is speculative as it prints as much money as it needs to control production and, […]

If You Don’t Think ‘Jailbait Hookers’ Is Headline News, You Don’t Know News

When the major news networks ignored the FBI raid on the Miami doctor who bankrolled Sen. Robert Menendez’s trips to the Dominican Republic, I was frankly stunned. No matter how liberal your bias may be, the allegation that Menendez was banging underage hookers during his Caribbean expeditions is irresistible as news. There is nothing in […]

What A Lucid Politician Sounds Like

by Smitty Senator Coburn states flatly that the debt ceiling hike is coming, unstoppably, describes the impending debt spiral. He the ventures into the output of the Department of Superfluous Redundancy Department. I think Senator Coburn refers to the report linked here. What Senator Coburn doesn’t seem to understand is that homo bureaucratus is achieving […]

The Chicago Way

Her name was Hadiya Pendleton and she was only 15 years old: The city’s 42nd slaying is part of Chicago’s bloodiest January in more than a decade, following on the heels of 2012, which ended with more than 500 homicides for the first time since 2008. . . . About three blocks from Hadiya’s school, […]

LIVE AT FIVE: 01.31.13

— compiled by Wombat-socho TOP NEWS FBI Raids Menendez Donor’s Office HHS IG also on scene; possible Medicaid/Medicare fraud by Dr. Melgen? Senator Menendez Denies Prostitution Allegations Georgia Declares State Of Emergency After Deadly Storms Sweep Through Midwest, Southern States Two dead, dozens injured, thousands without power Witnesses At Senate Hearing Tangle Over Background Checks […]

Israeli Jets Hit Convoy in Syria; Also, People Are Mean to Matt Lewis on Twitter

TODAY’S TOP NEWS: Economy contracts in 4th quarter; FBI raids in Menendez hooker scandal; people are mean to Matt Lewis on Twitter. — Robert Stacy McCain (@rsmccain) January 30, 2013 In this analogy, I think @benhowe is Charles Manson, or at least Tex Watson.… — Robert Stacy McCain (@rsmccain) January 30, 2013 Damn all […]

Anonymous Spokesman Barrett Brown Is Sane Enough to Stand Trial, Judge Rules

September 2012: Barrett Brown threatens an FBI agent in video Breaking ; Anonymous spokesman Barrett Brown just ruled competent to stand trial on federal charges against him — Lee Stranahan (@Stranahan) January 30, 2013 Breaking : Anonymous spokesman Barrett Brown pleads not guilty to two recently filed obstruction charges against him in Dallas federal court […]

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