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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

 
Commentary Of The Month
February 6, 2017
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BAN ON CASH

By Graham Summers

Globally a war on cash has been declared. And India has now proved that it can be done with little consequence. Indian Prime Minister Narendra Modi has already removed 86% of his country's currency from circulation in an attempt to curb tax evasion, tackle corruption and shut down the shadow economy.

Joseph Stiglitz, Nobel Prize-winning economist, thinks phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” as the Columbia University professor said on day one of the World Economic Forum's Annual Meeting in Davos “I believe very strongly that countries like the United States could and should move to a digital currency, so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages.”

The War on Cash is not slowing down. India signaled to the global elites that you can implement a near complete ban on physical cash, and there are no real consequences as far as political aspirations. We believe that the elites will be pushing for this policy to hit the U.S. If you think this is impossible consider that Stiglitz openly called for the U.S. to ban cash.