Wednesday, November 6, 2019

Blacks, Hispanics, Illegals Dominate Welfare Handouts

From American Renaissance article "Race, Welfare and Media Lies"


TANF

Temporary Assistance for Needy Families (TANF) is what most people think of when they say “welfare.” It pays cash directly to users. The amount varies by state. In 2018 (the most recent data available), there were over 2.27 million recipients, who got nearly $17 billion. Here’s the racial breakdown (Table 10):
Race % of Recipients% of Population
White27.2%60.4%
Black28.9%13.4%
Hispanic37.8%18.3%
Asian1.9%5.9%
American Indian1.5%1.3%
Multiracial2.1%2.7%
Whites are clearly an absolute minority of recipients: just 27.2 percent of the total. There are more blacks and Hispanics on welfare than whites. On a per capita basis, blacks are 4.8 times more likely than whites to get TANF, and Hispanics are 4.7 times more likely. Asians are only two-thirds as likely.
Interestingly, over 85 percent of TANF recipients are single or divorced, and only 13 percent are married. Conservatives have long argued that marriage reduces poverty.

Food Stamps

The Supplemental Nutrition Assistance Program (SNAP) is better known as food stamps. In 2017, a staggering 42.1 million people got free food at a cost of $68 billion dollars. The racial breakdown (page 22):
Race% of Recipients% of Population
White35.8%60.4%
Black25.4%13.4%
Hispanic16.5%18.3%
Asian3.2%5.9%
American Indian1.4%1.3%
Multiracial1.0%2.7%
Unknown/Didn’t Say16.8%NA
Again, whites are an absolute minority of food stamp users. The 16.8 percent of “race unknown or didn’t say” is high, but they are unlikely to be white. An even bigger story is that 8.2 percent of recipients are children of non-citizens. A further 8.6 percent are refugees or non-citizens. We import food-stamp users.

Medicaid

Medicaid is health insurance for poor people. An incredible 74 million people were on it in 2017 (up from 46 million in 2001). It is paid for by a combination of state and federal funds, and on average it accounts for a crushing 22 percent of state budgets. In 2018, Medicaid cost over $592 billion, and the racial breakdown for users in 2017 was as follows:
Race% of Recipients% of Population
White41%60.4%
Black30%13.4%
Hispanic20%18.3%
Asian5%5.4%
American Indian1%0.8%
Other9%NA
Again, whites are an absolute minority, though their percentage of recipients for this expensive program is relatively high.

Section 8 and other Public Housing

In 2017, there were nearly 5 million households in the US getting housing assistance through the Department of Housing and Urban Development (HUD). Most of them got Section 8 vouchers or lived in public housing. Blacks are massively over-represented.
Over 1 million people live in public housing. The racial breakdown is as follows:
Race% of Recipients% of Population
White30%60.4%
Black42%13.4%
Hispanic23%18.3%
Asian2%5.4%
American Indian1%0.8%
The “stereotype” of blacks in public housing is not false. There are more blacks than people of any other race in the projects, and on a per capita basis, they are 6.7 times more likely to be in them than whites.
Most of the other housing programs involve Section 8 vouchers. A category marked “All Relevant Programs,” includes Section 8 and includes 2.8 million recipients. Here is the race breakdown:
Race% of Recipients% of Population
White29%60.4%
Black46%13.4%
Hispanic20%18.3%
Asian2%5.4%
American Indian1%0.8%
Blacks are 7.1 times more likely than whites to use this benefit and Hispanics are 2.3 times more likely. Asians are only 77 percent as likely.
There are other welfare programs, but these four are the most important and paint a good picture of who is on the dole. American Renaissance has run articles on this since 1993, all of which show the same racial pattern:
It is clear that blacks and Hispanics take a disproportionate amount of government handouts. Who pays? Nearly half of US households pay no income taxes, but it is hard to get racial breakdowns of who does pay. I have seen several estimates, but none appears to be definitive. Perhaps the most considered estimate is from the blog Alternative Hypothesis, which estimates whites paid more than 75 percent of taxes in 2014.

Sunday, October 13, 2019

An SOS from Sweden

The Globalist/Davos Crowd/Marxist agenda is clear and evident around the world. Like open borders in the US, Sweden and much of Europe is now overrun with low median IQ persons from the Middle East and North Africa. The regions where migrant are from are in a state of collapse because that's what happens when the median IQ of a population is 85 and below. It's the people, stupid! The entire continent of Africa is mired in poverty, oppression, crime, death, war and tyranny. It's only slightly better in South and Central America (median IQs of 80 to 89). In these populations, there are just not enough sophisticated, bright, intellectual opinion leaders that can call out the phony, corrupt socialist and tyrannical leadership who are voted-in and take control of the country. I describe this a cultural clash as being due to differences in median IQ.

Below is a letter of desperation from a man in Sweden sent to Martin Armstrong, who in turn posted it in his blog. It's the same story in Germany and the rest of the EU except for Poland, Hungary and the Czech Republic, who refused the migrant invasion are now the subject of political retribution by Brussels.  Remember, no country was given a vote or a choice in policy. If you speak out against this policy, or site the obvious evidence of the utter failure of it, you will be arrested and charged with "hate speech." Welcome to Orwell's Europe.  

You're beginning to see a descent into 3rd world status of poverty, disorder, crime and chaos in California too as the Marxists invite low skill, low IQ, low to no education migrants into the state.  There are huge financial and social pressures building there, similar to the Swedish story below.  

We're inundated by the phony memes of our day, most often propagated by lower IQ minorities ("the Squad" Hispanics like Jim Acosta, Idiots of the Black Caucus). And no, we're not all the same. No, not all religions are the same. And no, not all races are equal. The White Northern Europeans have been in fact superior in nearly every way. You will be booted off of Facebook, Twitter or any college campus for uttering any of those words since the speech-oppressive culture described in Orwell's 1984 book has asserted itself, (especially in Europe).

Here's the SOS letter from Sweden to Martin Armstrong:
Dear Mr. Armstrong,
Please take a look at Sweden. I know you can not look at every single country but Sweden would be interesting since it is the country were socialism has gone farthest in the world and totally crazy. One of the most well-organized countries in the world with the oldest Central bank and well run global companies have turned into total chaos. Socialism has turned a peaceful country into a crime capital. Rapes are now among the highest per capita in the world. Robbery likewise. We are flooded with immigrants from MENA countries that have no skills. Many can’t even read. They live on welfare and get better paid than people working. Taxes are going through the roof. Police force under extreme pressure. Jails are overfull. Same with healthcare and education.
The municipals are bankrupt. They borrow via Kommunivest to meet the gigantic burden of immigrants. The loans go to welfare paychecks, not to investments. Kommuninvest issues international bonds and then lend to all municipals. International investors do not know how bad the financial situation is for Kommuninvest. It’s the Black Swedish Swan that is going to blow up soon. Mr. Hans Jensevik is the one person in Sweden that has worked with the municipals economy all his life. He is a very respected old-timer. He has even come out with a video warning international investors from buying Kommuninvest bonds!



Government debt is not catastrophic but the municipals are. The Government made the municipals take on the debt when the state unloaded immigrants in all our 290 municipals… Many municipals are now warning they are bankrupt and need emergency finance. So the Government is going to be forced to bail out the municipals very soon.

The state own media dominates TV and radio. Imagine only CNN running TV and radio channels in the US! Competitors only allowed entertainment. State own media pushing agenda on mass-migration, open borders, climate change, pro-euro and hate for Trump. All newspapers are subsisted by Government running the same agenda. Swedish Riksbank is trapped and forced to follow ECB down the drain with subzero rates and more QE. The SEK is tanking. This is not going to end well.

Could you please shed some light and interpret Socrates outlook for Sweden, SEK and OMX30

Thanks for your great work.

SG

Thursday, October 10, 2019

How Your Money Goes "Poof" to "Money Heaven"

By far the biggest financial bubble in the world, and in history, is the rush to buy European bonds causing negative yields. The quantity of bonds with negative yields recently reached $17 Trillion!  Of course this is causing a bond-buying mania in every other market, driving the US 10 Year bond to 1.5%

I warned a friend recently that it’s dangerous and there could be a violent reversal.

Then, in recent weeks, the ECB reverted to more QE to keep the game going. But surprisingly, there has been a chorus of people who, stating the obvious, roundly criticized the decision both on the ECB's monetary committee and in the media that the negative rates are killing the banks and the financial system. This dissent is new. But Draghi did it anyway despite the criticism on his own committee. He didn't even allow the committee to vote!


The Important EU Countries Are Now Against QE and Negative Rates!!
The ECB's QE motion was actually passed with a "relatively narrow majority" which explains why Draghi refused to take a vote as it would show that only Europe's B and C grade nations - such as Italy, Spain, Portugal, Estonia, Malta and Cyprus - were for a restart in debt monetization.

The Whole Scheme Could Fall Apart

There's a chorus of "economists" across the world who are also increasingly critical of negative yields.  It's becoming a consensus. And it's about time! QE and negative rates haven't helped; they've hurt and caused damage to retirees, pension funds, insurance companies and most importantly the banking system (especially Europe).

So, we're one populist revolt in a single EU country like Italy or Greece leaving the EU that could begin a real bond rout. Or what if Germany left the EU?  What if the ECB decides to abandon the QE effort now that there is consensus that it's actually crazy?

It’s mindboggling to think about the chain of events that could unfold. Greece recently priced some bonds with negative yields, which is clearly insane. If any EU country leaves, like Greece, their bond prices would drop 80% overnight to drive their yields to 5%, 6% or maybe 10% from -0.5%.  The same effect if QE is suddenly disavowed, bond prices across the EU would drop very hard--like 40%. This would lead to huge losses in the rest of the world's bonds too!

The effect could include the instant bankruptcy of nearly all EU banks whose effects would spread to the US and World. The ECB itself would be understood to be technically bankrupt. Bank runs could easily erupt since depositors are at risk in the EU in the event of a bank bankruptcy. A flood of money to the US would ensue. The dollar would rocket higher as US interest rates rise dramatically.

Remember, the world-wide bond market is valued at least $110 Trillion and the world's stock markets are "worth" some $40 Trillion.  Losses in a combined stock and bond rout could be something like 70% or $110 Trillion wiped-out in a very short period.  $110 Trillion in fiat money would go to "money heaven."

Then, for the real disaster, there is a real possibility that once the bond rout gets going, you’ll wake up one morning and the stock futures markets are halted limit down! And then stock markets stay limit down for days or weeks and don’t or can’t re-open! When they reopen, they are down 80%. This is not an insane concept. The entire worldwide Central Bank bubble can get wiped-out within months. Scary stuff!

This is how “excess” money goes “poof”. And, in our fiat world, far too much money/credit has been created and will likely go “poof."  The world would be instantly be plunged into a deep depression especially with Central Banks understood to be bankrupt.

Wednesday, October 9, 2019

50 Years of Failed Climate Apocalypse Predictions

Modern doomsayers have been predicting climate and environmental disaster since the 1960s. They continue to do so today.  None of the apocalyptic predictions with due dates as of today have come true.

What follows is a collection of notably wild predictions from notable people in government and science.

More than merely spotlighting the failed predictions, this collection shows that the makers of failed apocalyptic predictions often are individuals holding respected positions in government and science.

While such predictions have been and continue to be enthusiastically reported by a media eager for sensational headlines, the failures are typically not revisited.
Here is the source for numbers 1-27. As you will see, the individual sources are not crackpots, but scientific studies and media reports on “expert” predictions. The sources for numbers 28-41 are linked individually.
  1. 1967: Dire Famine Forecast By 1975
  2. 1969: Everyone Will Disappear In a Cloud Of Blue Steam By 1989 (1969)
  3. 1970: Ice Age By 2000
  4. 1970: America Subject to Water Rationing By 1974 and Food Rationing By 1980
  5. 1971: New Ice Age Coming By 2020 or 2030
  6. 1972: New Ice Age By 2070
  7. 1974: Space Satellites Show New Ice Age Coming Fast
  8. 1974: Another Ice Age?
  9. 1974: Ozone Depletion a ‘Great Peril to Life
  10. 1976: Scientific Consensus Planet Cooling, Famines imminent
  11. 1980: Acid Rain Kills Life In Lakes
  12. 1978: No End in Sight to 30-Year Cooling Trend
  13. 1988: Regional Droughts (that never happened) in 1990s
  14. 1988: Temperatures in DC Will Hit Record Highs
  15. 1988: Maldive Islands will Be Underwater by 2018 (they’re not)
  16. 1989: Rising Sea Levels will Obliterate Nations if Nothing Done by 2000
  17. 1989: New York City’s West Side Highway Underwater by 2019 (it’s not)
  18. 2000: Children Won’t Know what Snow Is
  19. 2002: Famine In 10 Years If We Don’t Give Up Eating Fish, Meat, and Dairy
  20. 2004: Britain will Be Siberia by 2024
  21. 2008: Arctic will Be Ice Free by 2018
  22. 2008: Climate Genius Al Gore Predicts Ice-Free Arctic by 2013
  23. 2009: Climate Genius Prince Charles Says we Have 96 Months to Save World
  24. 2009: UK Prime Minister Says 50 Days to ‘Save The Planet From Catastrophe’
  25. 2009: Climate Genius Al Gore Moves 2013 Prediction of Ice-Free Arctic to 2014
  26. 2013: Arctic Ice-Free by 2015
  27. 2014: Only 500 Days Before ‘Climate Chaos’
  28. 1968: Overpopulation Will Spread Worldwide
  29. 1970: World Will Use Up All its Natural Resources
  30. 1966: Oil Gone in Ten Years
  31. 1972: Oil Depleted in 20 Years
  32. 1977: Department of Energy Says Oil will Peak in 90s
  33. 1980: Peak Oil In 2000
  34. 1996: Peak Oil in 2020
  35. 2002: Peak Oil in 2010
  36. 2006: Super Hurricanes!
  37. 2005 : Manhattan Underwater by 2015
  38. 1970: Urban Citizens Will Require Gas Masks by 1985
  39. 1970: Nitrogen buildup Will Make All Land Unusable
  40. 1970: Decaying Pollution Will Kill all the Fish
  41. 1970s: Killer Bees!
1967: ‘Dire famine by 1975.’
1969: ‘Everyone will disappear in a cloud of blue steam by 1989.’
1970: Ice age by 2000


1970: ‘America subject to water rationing by 1974 and food rationing by 1980.’
1971: ‘New Ice Age Coming’
Source: Washington Post, July 9, 1971

1972: New ice age by 2070
1974: ‘New Ice Age Coming Fast’
Source: The Guardian, January 29, 1974
1974: ‘Another Ice Age?’

Source: TIME, June 24, 1974
1974: Ozone Depletion a ‘Great Peril to Life’

But no such ‘great peril to life’ has been observed as the so-called ‘ozone hole’ remains:


Sources: Headline
NASA Data | Graph

READ MORE BY CLICKING BELOW

Monday, October 7, 2019

Everything the Press Gets Wrong about the Ukraine Call

Posted By Scott Adams on September 27, 2019

Here’s a question you haven’t heard anyone ask about the Ukraine phone call story: If the Biden family never existed, would it have still been a good idea for President Trump to put a hold on funds already approved by Congress for Ukraine until the leaders spoke?

Answer: Yes.

The citizens who voted for Trump knew what they were getting. He promised to be a tough negotiator with our allies and adversaries alike. So what would a competent negotiator do when dealing with a new leader — of any country — before their first conversation? If he’s smart, he would “set the table” as Trump sometimes says about negotiating. In other words, you don’t start the conversation with someone important until you have arranged as many variables as you can in your favor. In the Ukraine phone call situation, President Trump effectively transferred power from Congress to himself in terms of “approving” Ukraine’s funds. Then he took a phone call with the new President of Ukraine.

That was perfect negotiating form.

We give our presidents a lot of flexibility in dealing with foreign affairs because it works better to have one “boss” in these situations. Had Trump permanently withheld funds approved by Congress, that would be a system problem on our end. But temporarily putting a hold on those funds before speaking leader-to-leader is just smart presidenting. It creates the impression that the president is the only American the foreign leader needs to deal with. That’s “setting the table.”

Does it matter exactly what Trump was going to discuss, negotiate, or request?

Nope. If the only thing Trump did on the phone call was congratulate President Zelensky on his election victory, it would still be smart to hold the funds until then. We want our president to go into every conversation with foreign leaders fully armed, persuasion-wise. When Trump brings the full weight of the office with him, it sets the table for the current conversations, and every one after that. When Trump withholds funds, pulls out of a deal, or otherwise transfers power from Congress to himself, it makes him a more effective negotiator. It puts him in charge. It is a strong psychological advantage.

Compare that approach to sending a president out weak, dependent on Congress to wipe his nose. Those are not similar table settings. Trump knows the difference. So does everyone who read his book, The Art of the The Deal.

We’ve heard Trump say he was concerned about corruption in Ukraine, and that was why he put a hold on the funds. I’m sure that was at least a part of his concern. Probably every American has that same concern about foreign aid in general. But as I said, it doesn’t matter what reason he gives the American public. Regardless of corruption in Ukraine, it was still smart to withhold funds until after the leaders spoke, because it made Trump the only person Zelensky needs to satisfy. That’s what we want from our presidents. We want them going in strong, with the full weight of their office and influence, to every interaction with foreign leaders, every time.

But what about Trump asking Zelensky for help looking into Hunter Biden’s business dealings? Isn’t it inappropriate for a president of the United States to ask a foreign leader to help him win reelection? If that’s ALL it was, it would absolutely be inappropriate. But was that all it was?

Suppose a candidate for president of the United States is leading in all the polls and he has publicly known conflicts of interest with a foreign country, such that blackmail-like influence was a real risk. Or at least it looks that way on the surface. What kind of priority should a sitting president put on that situation?

Answer: Top priority  Continued....

Tuesday, October 1, 2019

Alinsky's How to Create a Socialist State

Remember, Hillary Clinton did her college thesis on Saul Alinsky's works and we know Barack Obama was a fan of Alinski as well.

GNS Economics: The Path to Recession, Crisis and Global Depression

From GNSEconomics.com 12th September 2019:
There is renewed hope in the markets after central banks, most-recently the ECB and China, have added easing measures. The working narrative is that these will, once again, renew global growth and allow governments, corporations and consumers to go even more deeply into debt. But will the increase in liquidity work this time around?

Several arguments can be made indicating that the answer is “no”. It’s likely that this ‘liquidity pulse’ may provide a temporary boost to the markets, but not the real economy. This is an extremely hazardous combination.

The end of the cycle

As we explained in our June forecasts, the nascent economic downturn did not start as a result of trade issues, but rather from the diminution of massive Chinese debt-stimulus, which ran from around late 2015 till July 2017. This stimulus was conducted through the shadow-banking sector and especially through the local government financing vehicles, or “LGFVs”. During 2016, the size of the shadow banking sector tripled.

Funds from the shadow-banking sector were directed towards infrastructure investments and housing, supporting both the Ponzified Chinese economy and its related housing bubble. The effect of this debt-binge is clearly visible in a sharp rise in the Chinese leading economic indicator from late 2015 through the summer of 2017 followed by a rise in the indicators of other countries (see Figure 1). In essence, China pulled the world economy back from the brink of recession.
Figure 1. The amplitude adjusted composite leading indicator of the OECD for China, Germany, euro area and the United States. Source: GnS Economics, OECD

Why did China stop the stimulus? For two simple reasons. First, China has inflated a massive debt bubble used to finance unproductive investments, which has secondly resulted in the stagnation of China’s productivity growth (see Figure 2).
Figure 2. The growth of total factor productivity in China. Source: GnS Economics, Conference Board
The Chinese leadership was almost-certainly acutely aware in 2017 that the relentless pace of debt growth was leading the country to a debt crisis. So, after the 19th Congress of the Communist Party of China in October 2017 (actually around two months earlier) they hit the brakes, and the world economy started to slow. This is clearly visible in the leading indicators above.

Early this year, Chinese leaders again panicked and started to push more debt into the economy. During H1, the debt-to-GDP ratio rose by 5.8 percentage points to 249.5 percent after falling for most of 2018.

What is notable is that, unlike in 2015/2016 when the economy quickly responded to the stimulus, the rebound has been lacklustre this time around. The combination of fiscal, credit and monetary stimulus early this year produced only mediocre growth of 6.2 percent in Q2, the slowest since 1992, and private data implies that the economic situation is worse that the official figures show.

China seems to have reached the point where a moderate (normal) stimulus does not support the real economy anymore, and a flat-out debt-binge, รก la 2015/2016, would flare up a debt crisis. This, quite simply, means that the global business cycle is at its end.

Central planning, squared

Throughout this cycle, central planners have tried to postpone the downturn by all possible means. This marks the current expansion as the most manipulated business cycle, ever. This is actually rather understandable if one considers that the fate of the global banking system, the Eurozone, the legitimacy of Communist Party of China and even the very existence of central banks themselves possibly hangs in the balance.

Now, with the lead of the ECB and the Fed, central banks are again attempting to provide more stimulus. In their desperation, they are trying to wrestle the global economy back to growth with more easing. But they overlook that:
  1. China has been driving this cycle, and its economy is stagnating.
  2. The world is already “drowning” in debt.
  3. Unconventional methods, like negative interest rates, are wreaking havoc in the banking sector and the real economy.
The first point makes it impossible for any monetary easing to sustain the current economic expansion. The second makes any fiscal stimulus highly questionable (while it may help for a short while).

The third is the most crucial one. The European banking sector is especially unlikely to survive deeper negative rates, as several major European bank chiefs made a very clear in their recent extraordinary public communiques. We also already know that the asset purchase programs (“QEs”) increase the fragility in the banking system.

Central banks are undermining the foundations of the economy with more stimulus, especially in Europe. The ”open-ended” QE of the ECB will keep eroding financial stability in the Eurozone and the ”two-tier” system is unlikely to fix the profitability issues of banks. One might argue that the ECB is, in effect, demolishing Europe with its “bazooka”.

Recession, and the crisis, are coming

The re-escalation of the trade war since May has deadened corporate sentiment across the globe. Therefore, it has acted as an accelerator for the downturn, and even if trade disputes can be settled quickly, which is unlikely, the damage may already have been done. Moreover, as we have contended for over two years, the real issues behind the global slowdown are more malevolent than simple trade disputes.

The ‘unconventional means’ of central banks have, quite simply, sabotaged the engine that drives economic growth, while massive and increasingly-unproductive debt stimulus by China has hollowed-out the global economy. If China and central banks manage to resuscitate the asset markets, but not the real economy, which is unfortunately quite probable, the end-result cannot be anything less than a crash, as in 1929.

Thus, while additional stimulus may provide some relief or even short-term euphoria for the markets, it will only be a mirage, a “Bull Trap”. After a brief uptick, the global economy will continue to sink, until the fragile European banking system breaks and global stock markets and economy follow. And then, collapse.

Wednesday, September 25, 2019

Kunstler: The Odor Of Democrat Desperation


The swamp abides. The latest news media dumpster fire over President Trump’s phone conversation with Ukrainian president Volodymyr Zelensky is a three-way ruse. Ruse 1: deflect attention from the main issue, which is Joe Biden’s trolling for payoffs on his missions to foreign lands as vice-president, first Ukraine, where son Hunter was gifted a board of director’s chair and $50K-a-month salary with Ukrainian gas company Burisma, and then a $1.5 billion “private equity investment” to Hunter Biden’s wealth management fund from the state-owned Bank of China. Ruse 2: to deflect attention from the damage soon to be inflicted on the Deep State by the forthcoming DOJ Inspector General’s report on FISA court abuses. Ruse 3. To set in motion yet another obstruction of justice trap for Mr. Trump on the basis of false charges.

This comes at the instigation of Intelligence Community Inspector General Michael Atkinson, who was formerly senior legal counsel to John Carlin head of the National Security Division of the Department of Justice, deeply implicated in the FISA court matters of 2016 under investigation by federal prosecutor John Durham. Mr. Atkinson cited a complaint by an unnamed whistleblower who claims to have heard from a source that the President offered a quid pro quo to Ukrainian President Zelensky for reopening the Burisma case. The “whistleblower” may be Mr. Atkinson himself.

Of course, gaffe-prone Joe Biden spilled the beans on video earlier this year, when he bragged about shaking down Ukraine’s then-president Petro Poroshenko over a billion-dollar loan guarantee unless he fired the prosecutor investigating Burisma, which he did. Is there any ambiguity here?


The coordination between the news media and the Deep State is impressively blatant in this new gambit, with former acting FBI director Andrew McCabe (dismissed for cause in 2018), in his new position as a CNN “contributor” (while awaiting prosecution) teeing up a new “Trump collusion” narrative with The New York Times, WashPost, and NBC marching in step. In this new age of disinformation, narratives are the political weapon of choice in the campaign to harass and disable the winner of the 2016 election. The big play of RussiaGate failed, the play of “racism” is failing, so UkraineGate is next up.

It’s also obviously an effort to reenergize the impeachment operation in congress, badly botched so far by Jerold Nadler’s House Judiciary Committee. But it’s hard to imagine a better entertainment than an impeachment of Donald Trump in congress. Unless the Deep State wants to throw former President Obama under the bus, along with dozens of his associates (including Mrs. Clinton and Mr. Biden), they might be advised to call off that circus. A trial in the Senate, where the GOP runs the proceedings, would be an even better table-turner than the rousing climax of Quentin Tarantino’s Once Upon a Time in Hollywood.

I have a new theory about where the 2020 election is heading: if the Democratic Party candidate happens to lose, the party’s lawyers will unleash a blizzard of litigation in every voting district where the outcome was a couple of thousand ballots against them. It will be the 2000 “hanging chad” fracas on steroids and they will go so far as render the election inconclusive, therefore provoking the most parlous constitutional crisis since the start of the Civil War. In other words, they will dare to disable the republic.

Something or somebody will have to put a stop to these seditious turpitudes. The machinery of the law must be turned on the “resistance” and its operatives in the Deep State. Mr. Barr has the opportunity to do that. A globe of silence has enclosed his doings for many months. Impatient observers jump to the conclusion that the silence means he is doing nothing. I am not so sure of that. Given the purposeful hysteria ginned up so dishonestly in the press — and so injuriously to the actual public interest — don’t you suppose he would want to avoid tossing dynamite into that dumpster fire? By the same token, those actively stoking the dumpster fire are revealing their utter desperation. The unexpected consequence will be the suicide of the Democratic Party. But then people don’t necessarily get what they expect, they get what they deserve.

Sunday, September 15, 2019

Hong Kong Local Explains What is Happening There

HK now is a classic example of the ever increasing power of the oligarchy (mostly property tycoons) and the ever increasing power of the State (or perhaps forceful state as its slowly morphing into) colluding for today at the expense of tomorrow.

The oligarchy – top local tycoons and legislators – were called to a meeting in Shenzhen – where they were pressed upon by the communist party to distance themselves from, and indeed condemn, the protests. This was on news sites…so they’re not even pretending there……

In truth, the extradition bill is just the last straw in a 20+ year of corrosion of the laws and autonomy that enabled Hong Kong to advance into a world class post-industrial connected economy.

From another local, a Tom Yam:
“Many young people feel they have no future. They see the economy controlled by a cartel of tycoons in collusion with the government. They see the hypocrisy of the pro-Beijing establishment. Government officials urge them to go study and work on the mainland, while sending their own offspring to the West. Affluent owners of second passports and second homes in Western democracies tell them to be patriotic and accept creeping authoritarianism.
Worse, they see no chance of change for the better. The chief executive is not accountable to the citizens of Hong Kong. She answers to the Chinese Communist Party leaders who anointed her;
Meanwhile, the legislature rubber-stamps colossal and unnecessary infrastructure schemes like the HK$1 trillion (US$128 billion ) Lantau reclamation project, which will transfer Hong Kong’s fiscal reserves to mainland companies bound to secure most of the construction contracts. Youngsters understand opportunity cost: That money won’t be spent to improve housing and healthcare for Hong Kong people."
Welcome to China under Xi Jin Ping…..who wants to take China back to the future …to the ‘glorious era of Qin Shi Huangdi, the First emperor who started construction of the great wall’….

Communists do not know how to make money….They are brilliant, and quite ruthless at taking your money…..

Wednesday, August 21, 2019

Kamala's Medicare For All: the March to Government Tyranny

What Kamala, Bernie and the rest of the shit-for-brain Democrats really want when they say Medicare for All, is that they want to make our medical system into the troubled VA System-for-all.

You see, the VA is truly socialized medicine in this country, meaning the government owns and operates these hospitals and all of the doctors, nurses and staff are government employees. And as with Socialized 'anything,' veterans are forced to use these facilities whether they like it or not.

Secret Waiting Lists and Higher Infection Rates Killing Veterans
But shit-for-brain Democrats are counting on you to forget all the horror stories of secret VA death panels causing loss of life in many of those facilities. Whistleblowers revealed in 2014 that some 9 Veterans Administration hospitals have 'secret' waiting lists that have resulted in some 167 deaths that we know of so far. And that's in addition to the deaths caused by higher rates of infection due unsanitary conditions and poor maintenance due to poor management. (Imagine that, poor management in a government-run program! Who would have thunk it?)  But this is what happens when the government tries to run a healthcare business (or anything else).

Massive and Inflating Costs With Declining Quality of Care
Then are the outrageous and out-of-control costs. More and more money is being spent per patient, so lack of money is not the problem.  A USA Today article detailed how VA hospital costs are exploding relative to the private sector and Medicare. The article also shows that it's not the cost of treatment of Afghanistan or Iraq war veterans either -- their treatment is cheaper. Those vets represent only 7% of the patients and only 4% of the cost. Also, the number of veterans has been decreasing for over a decade too.

It should be crystal clear that the result of socialized medicine is substandard (or even deadly) care and poor cost performance. And it's the same chronic financial and performance failures that you see from any government program, ie., the US Post Office, Amtrak, the Dept of Defense, etc., etc.

Then Come the Denials From "Officials"
But this is just the beginning.  After the death panels and deadly delayed treatment scandal erupts, then, characteristically, come the denials from the Obama administration. Obama exclaimed "We read it in the newspaper!" But there is an email trail that proves that Biden/Obama did know about this since their transition in 2008.  This country spends $160 billion per year on veteran's health care but we find out that they are killing our veterans due to delays in treatment.

Then Massive Retaliation Against Whistleblowers
Then comes the hammer down on any whistleblower or patient who exposes fraud or malfeasance. The weight and unlimited resources of the government then tries to strike down the whistleblowers despite their so-called "protection."  The Government simply cannot be trusted:
Medicare for all Will Lead to Massive Tax Increases and a Lifetime of Government Dependence
To pay for Medicare for all, taxes must rise to punitive levels. This leads to even more fraud, waste and chicanery at the government, but leaves the population unable to save for retirement. This is happening all over Europe and even Canada.  It renders the population completely dependent on the government for not only substandard and more deadly medical treatment but also it leads to the population utterly dependent on the government for retirement benefits (if they are available at all!)

Let's recap:  1) Government-run medicine is a cost disaster, 2) Government-run medicine is a disaster of corruption, higher death rates due to poor management, uncleanliness and "waiting lists" and/or "death panels," 3) If you complain, you're hounded or persecuted by the bureaucracy. The bureaucrats never get fired, and 4) YOU HAVE NO CHOICE!  Furthermore, 5) much higher and ever-increasing taxes to pay for this crap will leave most people unable to save for retirement. Then most people will be completely dependent on the government for medical care AND retirement money (IF it's available at all!).

The end result is complete and a lifetime of dependence on the government from cradle to grave with no way out!  And if you don't like it, you might be committed to a psychiatric ward.  Remember in totalitarian systems, if you don't love their wonderful system, you must be crazy!

Sunday, August 18, 2019

The West's Economic and Cultural Suicide

Much of individual's frustration with our country is due to the fact that there are not enough jobs with adequate pay, too few opportunities, and inflation is raging while there is too little money. There is literally no hope because no politician even admits to any problem! If they can't admit that there is a problem, there certainly will be no solution. Janet Yellen and Jay Powell keep saying that everything is rosy while they keep calling for even more (destructive) inflation! Obama crowed for years that the economy is wonderful. So did Ben Bernanke. Trump says this is the best economy ever. Who wouldn't forgive people feeling frustrated?

The economy is so bad, who would blame a young person to call for Socialism as an alternative?

Every statistic from the government is a lie. Unemployment is advertised as lowest in decades ('technically' true but basically bullshit). Inflation is raging in the most important areas: healthcare, rent, housing, tuition, food. Voters are told by presidential candidates that the government will create jobs (nonsense).

This generation, and any future generation, can't afford college now thanks to the still-unchecked Govt loan bubble inflating books and tuition to the moon. This and the next generation can't afford a house since the Federal Reserve has inflated them beyond their reach. Good luck getting an affordable apartment since rent has doubled or tripled in most of our country since 2008.  Healthcare is so expensive that no one can afford it.  No one can afford even a modest medical procedure without being bankrupted, leading to a situation where few can pay their medical bills -- all thanks to the Govt-sponsored medical/pharma cartels and the dominance of Govt spending in medicine. Families of four, not covered by employers, face $31,000 per year in healthcare costs if anything goes wrong ($24K for insurance if nothing goes wrong). The national debt is going exponential --- all on the backs of our children and their children.  The next generation is completely screwed.  And for what?  For a lousy 2% GDP "growth" during the last 10 years??  The truth is that inflation is understated and "growth" inflated by debt-fueled spending. We've actually been in an economic contraction since 2008 and no one is being honest about that.

Our war on poverty has failed, our war on drugs has failed, the country hasn't outright won a war since WWII, the government caused two financial crashes in the past 15 years and another is about to burst. Each time the economy gets even worse. It's all because of the US govt. And no one learns a thing. The entire government colossus should be burnt down. It's time for a new American Revolution, really a massive reset, to do it.

"Government" is causing everything to fail. Everything "government" touches turns to shit and Government is touching everything!

Government at all levels (and low median IQ) have caused a near total cultural collapse of the black population in this country. And they are near revolt. Black poverty is higher than ever thanks in part to government destruction of black families (thanks to the Great Society War on Poverty). "Government" has caused ruin to the lives of Blacks just like they ruined the lives of the Native Americans. Multi-generational welfare rot, ruined public housing, utterly dysfunctional unionized schools, massive ignorance and drug and alcohol addiction is rampant. Now about 10% of all black men are in prison. Even black high school graduation rates are exaggerated because no one is counting the large number of young black kids in jail.

The rest of the population is not doing well either thanks to the de-industrialization of our country by 30+ years of Globalist politicians. There is literally no hope left in large parts of the country. To wit, opium addiction and overdose is suddenly now killing 50,000 people per year. And alarmingly, life expectancy is declining in this country. The US is NOT the shining city on the hill anymore. There is no hope out there.

And now, young people want Socialism even though it's a proven loser. People want to turn to alternative economic systems since our economy is so ravaged by Big Government failures and the Big Corruption that always accompanies Big Govt. Big Government breeds Big Corporations too. It wasn't supposed to be this way. The US Constitution is clear in it's design for limited government and sound money.

Not one person or candidate is demanding that the Federal bureaucracy be dismantled and quickly. Is everyone blind?  And we wonder why some unstable, hopeless individuals grab their gun and shoot-up the place to inflict as much pain as they can?

Cultural Suicide


Our entire heritage of western civilization is under attack by Leftism (Socialism) and Islam. Traditional religious denominations are failing and ignored. Christianity is dying in Europe and elsewhere and Christians and Christianity are once again being slaughtered into oblivion in the Middle East by Muslims while the West and the Catholic Church just passively look on. The leader of Catholic Church, Pope Francis, who is steeped (brainwashed) in all the failed socialist ideas prevalent in Latin America and who hasn't learned a thing, is a utter fool.

The State and The Left have chased God out of schools, universities and our society, leaving only fools in charge. Where there is no God, there are only fools. Foolish is an apt description of Western culture now.

Our county's huge success is ultimately based firmly on the Christian (and Jewish) religions, civilizations and cultures as recorded in the Bible, and later adopted and incorporated into Roman and European cultures. More recently, we enjoy a 1000 year history of Anglo ideas and philosophies, dating from Pre-Norman times to the Magna Carta and beyond, that ultimately culminated in the exceptional US Constitution and culture. These outstanding ideas, based ultimately in, and combined with, the work ethic and Judeo-Christian ethics of mostly white European immigrants to the US, led to the most successful and vibrant political, economic and social "experiment" ever seen in world history: the USA (and descendants of white Europeans including Canada, Australia, New Zealand).

All that we have is primarily the result of White, mostly English-speaking, Northern European accomplishments with solid roots in Christianity.  If you read about the phony memes of our day, all of this is being rejected--most often by minorities. Un-anchored by tradition and knowledge, we're inundated by falsehoods.  No, we're not all the same. No, not all religions are the same. And no, not all races are equalThe White race has been in fact superior in nearly every way. You will be booted off of Facebook, Twitter or any college campus for uttering any of those words since the speech-oppressive culture described in Orwell's 1984 book has asserted itself, (especially in Europe).

Many people, sitting in lovely houses and sitting in comfortable luxury, have rejected organized religion or Christianity---including so-called Atheists. They might say that they are more "spiritual" rather than a Christian. Not only are young people open to new economic systems, but also rejecting our own religious heritage.

The simple truth is that Christianity is dying especially in the West, where faith in man and his institutions (government) are offered as a substitute for Christianity. Socialism has tried to usurp faith community's role in charity by substituting faceless and impersonal institutional redistribution, leaving less need for the more personal faith community. Communist governments have sought to eliminate and outlaw religious faith entirely and substitute "man" instead of God. The State has gotten into the education "business" too where higher learning began in mostly Protestant and Catholic Universities (see a list here for just the US). While Christianity is essentially dead in Europe, killed by the State, Islam is allowed to flood into Europe. These Muslims, in comparison to Christians, are extremely confident, even arrogant and supremacist, in their views. They bring their own culture, their own legal system and are determined to overpopulate and dominate any area that they occupy. They don't integrate into their host cultures and they aren't working because these people are incompetent, low to no skill, and have nothing to offer! And they are fighting and murdering 100s of thousands per decade in wars against Kaffirs (any other faith) in dozens of countries. In sum, government and Islam seem determined to wipe out Christianity and Christians once again.

In the US, we've strayed from knowledge of God, the Bible, the Ten Commandments, our History and our Constitution. The latest generation and most of our incoming non-European immigrants know even less of these things. So it should be no surprise that our corrupt leaders know nothing and don't care about anyone but themselves. Ever bigger government and debt, unsound money, unsound banking and social, moral, cultural and economic decay and failure is leading to massive societal failures. We're left with nothing but the unwise and fools in charge. Our nation is at risk. Western civilization is at risk. .