Mao’s Cultural Revolution Has Arrived in America

From 1966 to 1976, Chinese society suffered under what we now call the Cultural Revolution. The Cultural Revolution, previously known as the Great Proletarian Cultural Revolution, was a multifaceted affair undergirded by a vicious, fanatical campaign to destroy the “Four Olds.” In 1971, The New York Times described the campaign thusly: “One of the early … Read more

Need any more proof America is dumbing down the kids?

Parents furious after Black students in NYC fail all subjects In what could be the straw that breaks the camel’s back, middle-class black families in Queens are mobilizing against the city Department of Education’s routine acceptance of rotten public schools. As The Post’s Georgett Roberts and Selim Algar report, these parents in District 29 aren’t … Read more

Real Estate – Alternative to Bonds

by Martin Armstrong QUESTION #1: It has become impossible to buy houses between $300-$500,000 in the Orlando area. From a realtor, he said that Blackrock is buying everything and they rely on a famous forecaster who said real estate is the only way to earn income. He said he heard it was someone in Florida. Is … Read more

What Inflation? Export Prices Rise 17.4%, Import Prices Rise 10.8% (Copper And Nickel Fall 4%)

by confoundedinterest17 Ahead of The Federal Reserve meeting today, here are some interesting numbers that they won’t consider. 🙂 The US export price index (end use) for all commodities for 17.43% year-over-year in May. The import price index rose 10.83%. We were seeing a surge in commodity prices, like lumber and copper. But today we are … Read more

ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… Poultry Prices Highest Ever… Is Fed Planning Escape Route?

ROARING 20S: Aspen Mansion Sells for Record $72.5 Million… A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Appraiser Jonathan Miller said the transaction sets a price record for a single-family home in the upscale Colorado ski town. The deal follows the sale last year of … Read more