America

Submitted by Patrick Buchanan via Buchanan.org,

“As we begin 2017, the most urgent threat to liberal democracy is not autocracy,” writes William Galston of The Wall Street Journal, “it is illiberal democracy.”

Galston’s diagnosis is not wrong, and his alarm is not misplaced.

Yet why does America’s great export, liberal democracy, which appeared to be the future of the West if not of mankind at the Cold War’s end, now appear to be a church with a shrinking congregation?

Just hours before president-elect Trump receives the full intelligence briefing over the Russian hacking allegations, Nancy Pelosi is convinced - stating that the report is "stunning" and "of course" Russia disrupted the election, there is "no question."

“It’s stunning in its conclusions and you’ll see some of it” though “I wish you could see the entire report”

 

Submitted by Charles Hugh-Smith via OfTwoMinds blog,

Here's the problem with central banks seeking higher inflation: costs go up but wages don't.

It's easy to quantify the annual cost of Social Security/Medicare, and not so easy to calculate the cost of Cartel Cronyism and Central Bank-created inflation. Cartel cronyism is a hidden tax on the entire economy, as is Central Bank-created inflation.

There is a simple reason why the vast majority of American workers, some 82% of them, are not feeling any wage growth: there simply isn't any.

CNBC Political reporter, friend of Hillary, and Democratic Party sycophant John Harwood took to Twitter last night to ask:

"Who do you believe America? Wikileaks, or US Intel Officials?"

The response is yet another slap in the face for the establishment's perspective on how the world should really run...

And that Mr. Harwood is why Donald Trump is about to become President! When will you and your ilk wake up to this?