The Biden regime’s robotic procession to Beijing proceeds apace. Following Antony Blinken’s fruitless visit in mid–June, we have paid Janet Yellen’s airfare for another fruitless visit, and following Yellen it was the same for John Kerry. This week it is Gina Raimondo’s turn. The secretary of state, the Treasury secretary, the chief climate envoy, and the commerce secretary: What is […]
The past century has seen a counter-revolution against the Enlightenment, classical economics and its culmination in socialist hopes to steer industrial capitalism to evolve into democratic socialism. What is occurring today is a self-destructive financial dynamic of impoverishment, dependency and breakdown in many ways like what happened when Rome’s creditor oligarchy plunged the Empire into the Dark Age two thousand years ago. The post-feudal real estate and financial oligarchies, the landed aristocracies of Europe and the great banking families and American trust builders have made a comeback, and the New Cold War is intended to lock in their victory. Ukraine is simply the latest battlefield, and battlefields end up devastated.
