Yesterday, the Wall Street Journal published an article highlighting the surge in what it calls “ultralong” bonds, defined as having a maturity of more than 30 years. The findings are simply stunning. In what may seem counterintuitive, bond yields at hundred year plus lows in many countries has led major investment firms to rush into ever riskier and longer duration fixed income securities just to earn some income. This has opened the floodgates to governments and corporations looking to lock in low yields on debt they won’t have to pay back for a generation.
Just to name a few, this year we have already seen a 100-year bond sale by Mexico, two separate 50-year bond issuances by Canada, and wait for this one, Spain of all countries is set to try to sell a 50-year bond!
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There have been many artists, writers and intellectuals who were able to see the writing on the wall regarding our Orwellian future many decades ago. Several of them became so concerned they took it upon themselves to warn us of the dangers in no uncertain terms, with Aldous Huxley perhaps being the most prescient (see: 
But in practice, OIRA operates largely in secret, exempt from most requests under the Freedom of Information Act. It routinely declines to release the changes it has proposed, the evidence it has relied upon to make them, or the identities and affiliations of White House advisers and other agencies’ staff it has consulted. OIRA doesn’t even disclose the names and credentials of its employees other than its two most senior officials.
Regular readers of Liberty Blitzkrieg will recall that earlier this year I highlighted how the U.S. government covertly created a “Cuban Twitter” called ZunZuneo in a failed attempt to overthrow the island nation’s regime. The elaborate plot was implemented under the umbrella of the U.S. Agency for International Development (USAID), which is responsible for overseeing billions of dollars in U.S. humanitarian aid. If you need a refresher, check out the post: 
The Commodities Futures Trading Commission (CFTC) has been long viewed as one of the most corrupt of American institutions – and that’s saying a lot. Putting aside all the accusations with regard to silver manipulation in recent years, the most stunning controversy occurred back in 2010 when a retiring judge accused the other remaining judge of being a total bought and paid for Wall Street crony.