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The Liberty Conspiracy Audio Pod, for 5-12-26!
Greetings, fellow, Conspirators!
Prices, up, 3.8% in a functional-additive equation, y-o-y. We had a busy night digging into the latest economic news, putting together the pieces from last year (tariffs, clampdowns on migrant labor, virtually no increase in US energy production until 2028) - and we got to look at a great example of market order without the state, plus, key news, from great journalists. Check out their feeds, all! And join us, m-f 6 PM on Rumble or on X! Our audio pod usually is available an hour after each live stream, gotten via Spotify and here, at Substack! - Here are some of the key items we got to explore tonight!
Share
Subscribe now
WARIRANNeoCon Robert Kagan’s Atlantic piece, discussed yesterday on Liberty Conspiracy, is heating up many in DC and the MAGA world. Kagan was an advisor to Dick Cheney, integral to the “Campaign for a New American Century” and is a hardcore Zionist. He does not need publicity. What he seems to be doing with this article is trying to warn Netanyahu to lay off Iran, because Kagan thinks the confrontation is lost. Kagan favored more military involvement, but one can see that even he recognizes the reality that Iran will control the Persian Gulf and Israel would be at risk of absolute annihilation or decimation if his fight goes on. LINK
Warmonger Scott Jennings and warmonger Sen Rick Scott (R-FLA) had the gall to talk about “fiscal responsibility” and budget-cutting, as they promote unconstitutional and immoral war, funneling of weapons and cash to Israel and other nations, and a military budget over $2 Trillion when much of the sundry insanity is grouped together.
Trump is in a fantasy world.
If only:
Meanwhile, Hegseth appeared on Capitol Hill today, and offered nonsense like this
Here is the entire vid of Heggy and Cain doing their “war-industry” chant, and filling it with lies re Iran. Total posturing.
Here is Karen Kwiatowksi with the Judge on the dangerous expense and immoral direction of the US military, as Trump still pushes the fantasy that he will control the Persian Gulf.
GAZAThis is about the abuse PRIOR to October 7, 2023 Headline: “Opinion | The Silence That Meets the Rape of Palestinians - The New York Times” LINK Here are Matt Hoh and the Judge talking about it, with added perspective from Matt, who has toured Israel and been close to the evil of one of those prisons. His info is key.
A valuable reminder from Mehdi Hassan
@bariweiss, interviewed Benjamin Netanyahu again.\n\nInterviewer @MajorCBS didn't ask a single question about the ICC arrest warrant for Netanyahu for war crimes and crimes against humanity. He didn't ask a single question","username":"mehdirhasan","name":"Mehdi Hasan","profile_image_url":"https://pbs.substack.com/profile_images/1946967919188996096/RX142lgr_normal.jpg","date":"2026-05-11T01:44:34.000Z","photos":[],"quoted_tweet":{},"reply_count":321,"retweet_count":2538,"like_count":7733,"impression_count":319349,"expanded_url":null,"video_url":null,"belowTheFold":true}" data-component-name="Twitter2ToDOM">LEBANONDave DeCamp has key information on Israel seeking to escalate there, even after breaching the ceasefire from DAY ONE
Subscribe now
THE US ECONOMY - INFLATION REPORT, BOND RATES SKYROCKET - BAAD MOJOAnd this is just the start of the second phase of de-dollarization, as the liquidation bust is on its way…
INFLATION RATE REPORT
Inflation Report: April 2026 CPI Release (Data Released May 12, 2026)
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent on a seasonally adjusted basis in April 2026, following a 0.9 percent increase in March. Over the 12 months ending in April, the all-items index increased 3.8 percent (not seasonally adjusted), accelerating from the 3.3 percent rise recorded for the 12 months through March—the highest annual rate since May 2023. Energy prices were the primary driver, surging 17.9 percent year-over-year due largely to gasoline (up 28.4 percent) amid global oil market pressures, while the food index rose a more moderate 3.2 percent. Core CPI, which excludes food and energy, advanced 0.4 percent for the month and 2.8 percent over the year, up from 2.6 percent previously. This is very, very bad. These figures indicate a translation into prices of the money-pumping to feed the federal beast for decades, Trump’s insane tariffs, and the Trump blockage of fuel transportation for trade. Since these numbers are considered when the Fed Reserve Board meets to discuss interest rates, it indicates that the Fed will not be inclined to lower interest rates. This, in turn, will be problematic for the US govt borrowing machine.
Full details and historical tables are available directly from the Bureau of Labor Statistics at https://www.bls.gov/news.release/cpi.nr0.htm and the CPI overview page at https://www.bls.gov/cpi/. Additional analysis can be found on Trading Economics at https://tradingeconomics.com/united-states/inflation-cpi.
Bond Market Report:
Latest U.S. Treasury Yields and Implications of Elevated Debt Levels (as of May 12, 2026) (LINK)
U.S. Treasury yields have climbed amid persistent inflation concerns and massive federal borrowing needs, with the 10-year note yield reaching approximately 4.45 percent and the 30-year bond yield hitting roughly 5.02 percent on May 12, 2026. These levels reflect ongoing market pricing of higher-for-longer interest rates and the sheer scale of U.S. public debt, which now stands near $39 trillion. The elevated long-end yields signal investor caution over fiscal sustainability, as the government must continually issue new debt to refinance maturing obligations and fund deficits; recent auction supply and reduced foreign demand have further pressured prices upward. Rising benchmark yields have an immediate inverse effect on the market prices of existing lower-coupon Treasury bonds (those issued in prior years when rates were lower), causing their values to decline so that their effective yields remain competitive with newer issues. When the U.S. Treasury rolls over maturing debt—much of which carries lower rates from the post-2020 era—it must now issue replacement bonds at these higher prevailing rates. The result is sharply higher annual interest payments on the national debt, adding hundreds of billions annually to federal outlays and compounding the overall debt burden as more revenue is diverted to servicing costs rather than principal reduction or other priorities. This dynamic underscores the long-term fiscal strain from sustained elevated yields in an environment of record-high debt.
AND HERE is a little reminder of the dishonest nature of the people in 1600 PA Ave Headline: “Fact check: Trump posts wildly deceptive chart on oil prices” LINK
ENJOY THE EVENING! (WINK!) Trump is WINNING!
Or, maybe not
Trump said tariffs are great, right? Headline: “Trump to suspend beef tariffs amid record-high prices” LINK
Share
Share Gardner Goldsmith
Subscribe now
Remember those BIOLABS that the US supposedly WAS NOT RUNNING TO DO DANGEROUS RESEARCH in UKRAINE, LATVIA, LITHUIANIA, and ESTONIA? Well, RT has some more information that, clearly, cleeeearrrrlly, must be fake, as well Headline “Remember how the West laughed at Russia’s ‘biolabs’ claims? Here are the facts — RT Russia & Former Soviet Union” LINK
Recall this
IMMIGRATION POLICE STATEThis is very, very sad. Headline: “Teen dies hours after his parents reunited with him following immigration detention” LINK
-And, a brief reminder of the data-capture software ICE uses Headline: “ICE’s surveillance app is a techno-authoritarian nightmare | Moustafa Bayoumi | The Guardian” LINK
-The petulant Trump blocks entry of a singer, because his significant other criticized Trump LINK
Share Gardner Goldsmith
RELIGION AND THE STATEWhat do you think of this? Headline: “Rejecting church and state separation is on the wish list for Trump’s religious liberty commission” LINK
FREE MARKET ORGANIZATION: SUPERIOR TO GOVT COERCION/COMPULSIONThis is a valuable piece. Headline: “When Merchants and Vikings Kept Order Without Kings | The Advocates for Self-Government” LINK
That’s it for now, all! Many thanks for supporting freedom, and for sharing the links! And remember, you can back us here by becoming a paid subscriber if you would like, and feel free to watch Liberty Conspiracy LIVE on Gardner’s X @gardgoldsmith and on Rumble! Spread the word! Thanks, again! Please feel free to SHARE the links, and join us every M-F at 6 PM on Rumble, and my X @gardgoldsmith — and you also can donate to help the Liberty Conspiracy, itself! Just visit PayPal to help out! You also can mail GG at:
Gardner Goldsmith
PO Box 581
Amherst, NH, 03031 :)
Share
Share Gardner Goldsmith
Subscribe now
View all episodes
By Gardner GoldsmithGreetings, fellow, Conspirators!
Prices, up, 3.8% in a functional-additive equation, y-o-y. We had a busy night digging into the latest economic news, putting together the pieces from last year (tariffs, clampdowns on migrant labor, virtually no increase in US energy production until 2028) - and we got to look at a great example of market order without the state, plus, key news, from great journalists. Check out their feeds, all! And join us, m-f 6 PM on Rumble or on X! Our audio pod usually is available an hour after each live stream, gotten via Spotify and here, at Substack! - Here are some of the key items we got to explore tonight!
Share
Subscribe now
WARIRANNeoCon Robert Kagan’s Atlantic piece, discussed yesterday on Liberty Conspiracy, is heating up many in DC and the MAGA world. Kagan was an advisor to Dick Cheney, integral to the “Campaign for a New American Century” and is a hardcore Zionist. He does not need publicity. What he seems to be doing with this article is trying to warn Netanyahu to lay off Iran, because Kagan thinks the confrontation is lost. Kagan favored more military involvement, but one can see that even he recognizes the reality that Iran will control the Persian Gulf and Israel would be at risk of absolute annihilation or decimation if his fight goes on. LINK
Warmonger Scott Jennings and warmonger Sen Rick Scott (R-FLA) had the gall to talk about “fiscal responsibility” and budget-cutting, as they promote unconstitutional and immoral war, funneling of weapons and cash to Israel and other nations, and a military budget over $2 Trillion when much of the sundry insanity is grouped together.
Trump is in a fantasy world.
If only:
Meanwhile, Hegseth appeared on Capitol Hill today, and offered nonsense like this
Here is the entire vid of Heggy and Cain doing their “war-industry” chant, and filling it with lies re Iran. Total posturing.
Here is Karen Kwiatowksi with the Judge on the dangerous expense and immoral direction of the US military, as Trump still pushes the fantasy that he will control the Persian Gulf.
GAZAThis is about the abuse PRIOR to October 7, 2023 Headline: “Opinion | The Silence That Meets the Rape of Palestinians - The New York Times” LINK Here are Matt Hoh and the Judge talking about it, with added perspective from Matt, who has toured Israel and been close to the evil of one of those prisons. His info is key.
A valuable reminder from Mehdi Hassan
@bariweiss, interviewed Benjamin Netanyahu again.\n\nInterviewer @MajorCBS didn't ask a single question about the ICC arrest warrant for Netanyahu for war crimes and crimes against humanity. He didn't ask a single question","username":"mehdirhasan","name":"Mehdi Hasan","profile_image_url":"https://pbs.substack.com/profile_images/1946967919188996096/RX142lgr_normal.jpg","date":"2026-05-11T01:44:34.000Z","photos":[],"quoted_tweet":{},"reply_count":321,"retweet_count":2538,"like_count":7733,"impression_count":319349,"expanded_url":null,"video_url":null,"belowTheFold":true}" data-component-name="Twitter2ToDOM">LEBANONDave DeCamp has key information on Israel seeking to escalate there, even after breaching the ceasefire from DAY ONE
Subscribe now
THE US ECONOMY - INFLATION REPORT, BOND RATES SKYROCKET - BAAD MOJOAnd this is just the start of the second phase of de-dollarization, as the liquidation bust is on its way…
INFLATION RATE REPORT
Inflation Report: April 2026 CPI Release (Data Released May 12, 2026)
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent on a seasonally adjusted basis in April 2026, following a 0.9 percent increase in March. Over the 12 months ending in April, the all-items index increased 3.8 percent (not seasonally adjusted), accelerating from the 3.3 percent rise recorded for the 12 months through March—the highest annual rate since May 2023. Energy prices were the primary driver, surging 17.9 percent year-over-year due largely to gasoline (up 28.4 percent) amid global oil market pressures, while the food index rose a more moderate 3.2 percent. Core CPI, which excludes food and energy, advanced 0.4 percent for the month and 2.8 percent over the year, up from 2.6 percent previously. This is very, very bad. These figures indicate a translation into prices of the money-pumping to feed the federal beast for decades, Trump’s insane tariffs, and the Trump blockage of fuel transportation for trade. Since these numbers are considered when the Fed Reserve Board meets to discuss interest rates, it indicates that the Fed will not be inclined to lower interest rates. This, in turn, will be problematic for the US govt borrowing machine.
Full details and historical tables are available directly from the Bureau of Labor Statistics at https://www.bls.gov/news.release/cpi.nr0.htm and the CPI overview page at https://www.bls.gov/cpi/. Additional analysis can be found on Trading Economics at https://tradingeconomics.com/united-states/inflation-cpi.
Bond Market Report:
Latest U.S. Treasury Yields and Implications of Elevated Debt Levels (as of May 12, 2026) (LINK)
U.S. Treasury yields have climbed amid persistent inflation concerns and massive federal borrowing needs, with the 10-year note yield reaching approximately 4.45 percent and the 30-year bond yield hitting roughly 5.02 percent on May 12, 2026. These levels reflect ongoing market pricing of higher-for-longer interest rates and the sheer scale of U.S. public debt, which now stands near $39 trillion. The elevated long-end yields signal investor caution over fiscal sustainability, as the government must continually issue new debt to refinance maturing obligations and fund deficits; recent auction supply and reduced foreign demand have further pressured prices upward. Rising benchmark yields have an immediate inverse effect on the market prices of existing lower-coupon Treasury bonds (those issued in prior years when rates were lower), causing their values to decline so that their effective yields remain competitive with newer issues. When the U.S. Treasury rolls over maturing debt—much of which carries lower rates from the post-2020 era—it must now issue replacement bonds at these higher prevailing rates. The result is sharply higher annual interest payments on the national debt, adding hundreds of billions annually to federal outlays and compounding the overall debt burden as more revenue is diverted to servicing costs rather than principal reduction or other priorities. This dynamic underscores the long-term fiscal strain from sustained elevated yields in an environment of record-high debt.
AND HERE is a little reminder of the dishonest nature of the people in 1600 PA Ave Headline: “Fact check: Trump posts wildly deceptive chart on oil prices” LINK
ENJOY THE EVENING! (WINK!) Trump is WINNING!
Or, maybe not
Trump said tariffs are great, right? Headline: “Trump to suspend beef tariffs amid record-high prices” LINK
Share
Share Gardner Goldsmith
Subscribe now
Remember those BIOLABS that the US supposedly WAS NOT RUNNING TO DO DANGEROUS RESEARCH in UKRAINE, LATVIA, LITHUIANIA, and ESTONIA? Well, RT has some more information that, clearly, cleeeearrrrlly, must be fake, as well Headline “Remember how the West laughed at Russia’s ‘biolabs’ claims? Here are the facts — RT Russia & Former Soviet Union” LINK
Recall this
IMMIGRATION POLICE STATEThis is very, very sad. Headline: “Teen dies hours after his parents reunited with him following immigration detention” LINK
-And, a brief reminder of the data-capture software ICE uses Headline: “ICE’s surveillance app is a techno-authoritarian nightmare | Moustafa Bayoumi | The Guardian” LINK
-The petulant Trump blocks entry of a singer, because his significant other criticized Trump LINK
Share Gardner Goldsmith
RELIGION AND THE STATEWhat do you think of this? Headline: “Rejecting church and state separation is on the wish list for Trump’s religious liberty commission” LINK
FREE MARKET ORGANIZATION: SUPERIOR TO GOVT COERCION/COMPULSIONThis is a valuable piece. Headline: “When Merchants and Vikings Kept Order Without Kings | The Advocates for Self-Government” LINK
That’s it for now, all! Many thanks for supporting freedom, and for sharing the links! And remember, you can back us here by becoming a paid subscriber if you would like, and feel free to watch Liberty Conspiracy LIVE on Gardner’s X @gardgoldsmith and on Rumble! Spread the word! Thanks, again! Please feel free to SHARE the links, and join us every M-F at 6 PM on Rumble, and my X @gardgoldsmith — and you also can donate to help the Liberty Conspiracy, itself! Just visit PayPal to help out! You also can mail GG at:
Gardner Goldsmith
PO Box 581
Amherst, NH, 03031 :)
Share
Share Gardner Goldsmith
Subscribe now