Reality Check continued

Step by step, crisis by crisis, decade by decade, the U.S. government has pursued the national ID card. Yet a national ID card program is useless against the most cost-effective of all weapons of mass destruction: an anthrax attack on a major city.... keep reading

In the back of our minds, we know there is no defense. The day a major city is hit, there will be a run on the banks like no other in history. The division of labor will collapse. There is no defense. Yet we sit complacently, pretending that it will not happen.... keep reading

Year after year, decade after decade, the American Establishment ignores the obvious: Saudi Arabia has been bankrolling recruiting schools for radical Islam. This has backfired on the Saudi ruling family, which is trapped by its clerics.... keep reading

The official story of the so-called crash of Flight 007 is a lie -- on both sides of the Russian border. Yet it is still accepted. Almost no one thinks twice about it. I hope you will.... keep reading

The war against radical Islamic terrorism is the forever war. I said so in 2001, and I say so in 2005. It is more obvious today.... keep reading

The Bush Administration's spending had only just begun. The red ink had only just begun to flow. The era of the surplus was over, I said. Here were my reasons . . . still valid in 2005.... keep reading

Some stories go down the memory hole. This was one of them. It had disappeared by 2005, but it still shows up in Google's cache.... keep reading

The Bush-Hinckley family connection outrages a conservative lady. It can't be relevant . . . and it really should not be true!... keep reading

The media are selective in what stories they pursue. There are big, big stories that are not pursued. They are "spiked" by editors. This is getting tougher because of the Internet, but not impossible.... keep reading

As to who was the source of the original warning on the Saddam Hussein-bin Laden connection, it still remains a mystery. But whoever it was, this disinformation worked, if its goal was to take down Saddam.... keep reading

The degree of disinformation in the aftermath of 9/11 was massive, but it was not recognized at the time. Here is an example.... keep reading

When victory is open-ended, the costs of war are open-ended. War is the health of the State.... keep reading

Getting into Afghanistan was not the problem. Getting out has proven to be a never-ending problem. When you cannot define victory after an invasion, you cannot leave the battlefield without losing.... keep reading

The mania/bubble of 1995 to March, 2000, made the NASDAQ look like the source of wealth for all. That was an illusion shared by the entire investment world except for Warren Buffett and me, who stayed out of it. I warned my subscribers in February, 2000. Here, I warned them again.... keep reading

Japan is the oldest society on earth. It is getting older by the day. The government and corporations have made promises regarding old age pensions. Now workers must be taxed to fulfill these promises. Stagnation lies ahead.... keep reading

The real estate boom of 1996 to 2005 was the product of Federal Reserve policy: monetary inflation. But in late 2004, the FED reversed, going into stable money mode, thereby deliberately raising short-term interest rates. On such foundations are recessions built.... keep reading