John T. Reed’s news blog

There used to be a phrase: "God, motherhood, and apple pie.".It correctly described what all politicians claimed to be in favor of. There was another phrase back then: Tweedledum and Tweedledee---a condemnation of the two main parties as having no meaningful differences..Now, the Democrats hold people who believe in God in contempt and attack them in court and in confirmation hearings. But I must note that they hate Jews so much that they love Palestinians. And they will tolerate Catholic grade school dropouts from Central American s***hole countries as long as they get on welfare a la Julia, continue to...

I had an interesting question from a reader recently. I’ll share it here to illustrate the kind of information that is in two of my book genres (hyperinflation/depression and real estate investment). The reader got it out of my book How to Protect Yourself from Hyperinflation & Depression, 2nd edition. But it is a topic also covered in my real estate investment booksIn the hyperinflation book, I said owing a high loan-to-value ratio, non-recourse mortgage would be a great investment for protection against both inflation and deflation (depression). It would be a you-can-win-but-you-can’t-lose-much investment.The whole idea is borderline legally impossible,...

I finished Thomas Sowell’s book Discrimination and Disparities. His basic point is that the notion that all differences between black and white in incarceration rates, incomes, net worths, education are caused by white racism against blacks is bull. . One of his main pieces of evidence is all the differences between just blacks in those categories; and between just whites. Those disparities obviously are NOT caused by racism. . One variable that does correlate with disparate results is the number of parents in the home raising children. It ranges from 0 to 1 to 2. Blacks have a higher rate...

Happy New Year. We have now moved closer to the U.S. government being crushed by runaway entitlement promises. Trump just added $1T of debt, a record previously held by Obama. The Dems are almost all pushing the biggest entitlements of all time like Medicare for all, free college for all. The U.S. government is doomed fiscally. . When they can no longer borrow from real people who can buy US bonds with real money, they will “borrow” from the Federal Reserve as they did during Quantitative Easing I, II , and III from 2009 until 2014. The Federal Reserve has...

General Jack Keane and others say leaving Syria is a disaster, vacuum, Russians, Iranians, and Chinese jubilant, American leadership, IS reconstituting, yadda yadda..I see no net gain for America from our involvement in the Middle East which began when the Americans went to the shores of Tripoli in 1801..IS never hurt America. They just did ugly publicity stunts in the Middle East. The nations in that region can take care of the old IS or the new one, and if they can’t, they deserve living with IS. IS was never a threat to us. Neither was Saddam Hussein. He needed...