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    • FTL Digest 2017-05-24
      Free Talk Live's Daily Digests feature highlights from our full-length seven-day-a-week live radio show, selected and edited by Riley Blake. Enjoying the digests? Please donate $5-10 per month to Riley via this link: https://www.patreon.com/crblake86 If you want to donate via bitcoin, you can do so at the following address: 1NytDNA14UcYsvzX5DHhzowGCqNou […]
    • Free Talk Live 2017-05-25
      Congressional candidate assaults a reporter :: Bitcoin wallets :: Cryptocurencies :: Objections to libertarian ideas :: Welfare and a libertarian society :: Obesity in Oklahoma City :: Scott the Bigot :: Social Security :: NFL, military and hero worship :: Corporate welfare :: Are women taking over the Military Industrial complex? :: Open Carry :: Bitcoin :: […]
    • FTL Digest 2017-05-23
      Free Talk Live's Daily Digests feature highlights from our full-length seven-day-a-week live radio show, selected and edited by Riley Blake. Enjoying the digests? Please donate $5-10 per month to Riley via this link: https://www.patreon.com/crblake86 If you want to donate via bitcoin, you can do so at the following address: 1NytDNA14UcYsvzX5DHhzowGCqNou […]
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    • The Dollar’s Decline Is Only Just Getting Started – Ep. 250
      Summary:  The dollar’s decline really started with the Fed’s too-little-too late rate hikes.  The rally of 2014 – 2015 was fueled by expectations of more aggressive Fed monetary policy that did not materialize. We’ve been trending sideways since then with the exception of an upward spike after the Trump victory.  Now, as much of the […] The post The Dollar’s […]
    • Will Republicans Dump Trump for Pence? – Ep. 249
      Summary: Republicans face chaos around Trump’s political difficulties, causing some to consider potential advantages of a President Pence.  Market volatility has not yet brought the DJIA below pre-Trump numbers while the dollar index slides and gold moves up. Meanwhile, household debt is higher than 2008 levels even as fewer Americans own homes. It looks lik […]
    • Fed And Markets Excuse Retail Bloodbath – Ep. 248
      Summary: The retail sector is in worse shape today than it was in 2008 during and immediately following the financial crisis. Retailing has been responsible for 10% of the jobs gained during this so-called recovery. Clearly part of the problem is the increase in minimum wage.  Why are retailers adding so many jobs when their […] The post Fed And Markets Excu […]
    • Fantasy Trumps Reality – Ep. 247
      Summary: Trump fantasy persists in the face of weakening economic data, health care and tax reform uncertainty. The reality is that the damage done to the economy will not right itself just because Trump has been elected and we are in for a wild ride whether or not President Trump decides to do the right […] The post Fantasy Trumps Reality – Ep. 247 appeared […]
    • Fed Dismisses Weak Data to Posture for Another Rate Hike
      SchiffReport recorded Saturday, May 6 On Wednesday of this week, the Federal Reserve against a rate hike in May But based on their official statement, the market assigned a much higher probability To a rate hike coming in June In fact, following Friday’s slightly better-than-expected Non-Farm Payroll report, the probability of a June rate hike […] The post F […]

Atlas Shrugged Quote of the Week

Atlas Shrugged“Run for your life from any man who tells you that money is evil.  That sentence is the leper’s bell of an approaching looter.  So long as men live together on earth and need means to deal with one another – their only substitute, if they abandon money, is the muzzle of a gun….

When a society establishes criminals-by-right and looters-by-law-men who use force to seize the wealth of disarmed victims-then money becomes its creators’ avenger.  Such looters believe it safe to rob defenseless men, once they’ve passed a law to disarm them.  But their loot becomes the magnet for other looters, who get it from them as they got it.  Then the race goes, not to the ablest at production, but to those most ruthless at brutality.  When force is the standard, the murderer wins over the pickpocket.  And then that society vanishes, in a spread of ruins and slaughter….

Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence.  Destroyers seize gold and leave to its owners a counterfeit pile of paper.  This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values.  Gold was an objective value, an equivalent of wealth produced.  Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.  Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims.  Watch for the day when it bounces, marked: ‘Account overdrawn.’….

Until and unless you discover that money is the root of all good, you ask for your own destruction.  When money ceases to be the tool by which men deal with one another, then men becomes the tools of men.  Blood, whips and guns – or dollars.  Take your choice – there is no other – and your time is running out.”

– Francisco d’Anconia

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