John T. Reed’s news blog

I think those of us who are concerned about hyperinflation need to start building up a supply of BARTER items. There is a chapter on what the best ones are in my How to Protect Your Life Savings from Hyperinflation & Depression. Bullets suck It is NOT what many think. Bullets, for example, suck. For one thing, a ton of people already bought thousands of them. For another, there is too much variety in the guns owned and the type of bullets needed for each. For another, there seems to be a bias in favor of bullets still in the...

America is “printing” money—so much that it now seems certain that on one future day—maybe tomorrow—the U.S. dollar will hyperinflate. That means a Hershey bar that now costs about $1.29 will rise in price to $100 then $1,000 then a million. In other words, the U.S. dollar will be worthless. You don’t think it can happen here? Many readers may think that is preposterous, impossible. During the Revolutionary War, the American colonies printed their own money. To fund the war, they printed too many. That currency was called a “Continental.” My wife’s last job was at the Federal Reserve Bank...

Democrats have now taken over the entire federal government. These are not your father’s Democrats. Here are things they can now do to cement themselves in power for at least a generation: • End the Senate Filibuster Rule. That requires 60 votes to pass many laws. But it is not in the Constitution. It is just a Senate rule and can be eliminated by a mere 50 votes, the number they now have, and the tie-breaking vote of Vice President Harris. Senator Joe Manchin (D-WV) has said he would not support ending the filibuster rule. So has Biden. But I...

I have a scoop. This ought to be on Fox but I do not see it there. . At the beginning of the Trump Administration, Speaker Nancy Pelosi said “The power of the Speaker is awesome. Awesome.” . Let me tell you how awesome. Her Speaker’s office has a Speaker’s Lobby, about a 40 foot long12 foot wide hallway. Her Praetorian Guards are authorized to SHOOT TO KILL any person who dares to enter Pelosi’s office lobby without permission. . Today, Ashli Babbit dared to enter the Speaker’s Lobby and was shot dead so fast she fell back out of...

What NCAA football should Army have? D-III high academic, NESCAC if they’ll have us. . Or a military academy, sort of, league: USCGA, USMMA, SUNY Maritime, Maine Maritime, MIT, Norwich. . Johns Hopkins might be a good model. They compete at the D I level in lacrosse, but D-III in football. They recruited my son, Dan. . There are also high academic D-III schools scattered around the US. Claremont, Pomona, Occidental, Chicago, Colorado, McAlester, St. Johns. . What about Air Force and Navy? Forget them. There might be one of the three academies that could compete in FBS if they...