Saturday, March 2, 2019

Proof That Socialism Sucks

Government, especially when you include the supposedly independent Federal Reserve, is the source of all of our big problems.  Our leviathan State is failing at everything and is slowly bankrupting this country. Nothing is working. Despite overwhelming evidence of massive failure, both political parties support and permit even more "government!" Bigger government is the central platform of the Democratic Party (and the unstated central platform of the Republican party)! Our "social contract" with the government is broken.

We now live in a heavy-handed surveillance state with weaponized police departments and Federal agencies. Everything coming from the government is wrong or outright lies including:
I've suggested that the US is already a failed state. We're a dead country walking and crisis is coming. I've suggested that we need a massive reset or revolution that requires the government to fail and go broke in order to allow prices to deflate so that people can afford to live.

For example, look at the chart below.  Note that prices of everything that is manipulated by "government" (red) is rising un-sustainably. Also note that prices subject to true market forces (blue) have been coming down.

The greater (lower) the degree of government involvement in the provision of a good or service the greater (lower) the price increases (decreases) over time, e.g., hospital and medical costs, college tuition, childcare with both large degrees of government funding/regulation and large price increases vs. software, electronics, toys, cars and clothing with both relatively less government funding/regulation and falling prices.

Conclusion: remind me why socialism is so great again? And when everything falls apart and truly fails, The Left will assert, as it always does, that Big Govt is NOT the problem, it was just that we didn't have the right people in charge. Those that never learn are, unintentionally or not, evil.

Saturday, February 23, 2019

Conrad Black: Our Greatest Constitutional Crisis Since the Civil War

The most immense and dangerous public scandal in American history is finally cracking open like a ripe pomegranate. The broad swath of the Trump-hating media that has participated in what has amounted to an unconstitutional attempt to overthrow the government are reduced to reporting the events and revelations of the scandal in which they have been complicit, in a po-faced ho-hum manner to impart to the misinformed public that this is as routine as stock market fluctuations or the burning of an American flag in Tehran.

For more than two years, the United States and the world have had two competing narratives: that an elected president of the United States was a Russian agent whom the Kremlin helped elect; and its rival narrative that senior officials of the Justice Department, FBI, CIA, and other national intelligence organizations had repeatedly lied under oath, misinformed federal officials, and meddled in partisan political matters illegally and unconstitutionally and had effectively tried to influence the outcome of a presidential election, and then undo its result by falsely propagating the first narrative. It is now obvious and indisputable that the second narrative is the correct one.

The authors, accomplices, and dupes of this attempted overthrow of constitutional government are now well along in reciting their misconduct without embarrassment or remorse because—in fired FBI Director James Comey’s formulation—a “higher duty” than the oath they swore to uphold the Constitution compelled them. Or—in fired FBI Deputy Director Andrew McCabe’s words—“the threat” was too great. Nevermind that the nature of “the threat” was that the people might elect someone he and Comey disapproved of as president, and that that person might actually serve his term, as elected.

A Long List of Offenders—and Offenses
The extent of the criminal misconduct of the former law enforcement and intelligence chiefs is now notorious, but to make the right point here, it has to be summarized. The fact that the officially preferred candidate lied to federal officials about her emails and acted in outright contempt of Congress and the legal process in the destruction of evidence, was simply ignored by the FBI director, who announced that she would not be prosecuted, though he had no authority to make that determination.

The dossier of salacious gossip and defamatory falsehoods amassed by a retired British spy from the lowest grade of intelligence sources in Russia, commissioned and paid for by the Clinton campaign and Democratic National Committee, was circulated to the media by high public officials and cited in illegal and dishonest applications to authorize surveillance of the campaign of the other presidential candidate. A special counsel was empowered on the false pretext of the necessity to get to the bottom of Trump-Russian collusion in the election, of which there was and remains no evidence, because it did not occur and was a complete partisan fabrication.

The special counsel then packed his staff with militant Clinton partisans, and acted very late and only when his hand was forced by the media to remove two officials who referred in texts to each other to the Bureau’s ability to smear and provoke the impeachment of the winning candidate as “an insurance policy” against his filling the office to which he was elected.

Large sections of the media colluded with the Democratic campaign and produced the doctrine that anything was justifiable, no matter how dishonest, to destroy the incoming president’s reputation and damage him in public opinion polls to legitimize attempts to remove him from office. Large sections of the media deliberately deluged the public with stories they knew to be false about the new president and referred to him in terms of unprecedented vituperation in what purported to be reportage and not comment.

This unorganized but widespread campaign of defamation was taken up by a great number of ordinarily newsworthy celebrities and was accompanied by false, unresearched stories denigrating President Trump’s supporters, such as the false claims about Catholic school students’ treatment of an elderly native American and the false claim that actor Jussie Smollett had been beaten up and reviled by Trump supporters. The former intelligence chiefs of the nation under President Obama repeatedly have accused this president of treason, the most heinous of all crimes, and have asserted with the authority of their former positions that the Russians determined the result of the 2016 presidential election. They knew this to be entirely false.

Distracting Public Attention
The special counsel has failed to find any evidence of the collusion and electoral interference that was the justification for establishing his inquiry, and the Democrats are already expressing disappointment in his failure to produce such evidence when the leading Democratic members of congressional investigative committees still robotically claim to have at least prima facie evidence of such collusion.

The dishonest attempt of much of the opposition and what even left-leaning media-monitoring organizations record as 90 percent of the national media, continued for more than two years to try to condition the country to believe that the president had committed the “high crimes and misdemeanors” required by the Constitution for impeachment and removal from office.

The special counsel, apart from smearing the president, distracted public attention from or tended to justify the ever more evident misconduct of the president’s enemies. And we now know that Comey, despite his “higher duty,” lied to the president about his not being a target of an FBI investigation, illegally leaked to the New York Times the contents of a self-serving memo he purloined from the government, and lied to Congress by claiming 245 times in one sitting to be ignorant of recent matters that no one of sound mind could have forgotten.

And now we have Andrew McCabe’s proud confirmation that he and Deputy Attorney General Rod Rosenstein not only continued the illegal counterintelligence investigation of President Trump, but actively discussed methods of securing his removal from office by deliberate misuse of a variety of laws, including the Emoluments Clause, the 25th Amendment to deal with mental incompetence, and the Logan Act of 1799, which has never been used successfully and has not been tested in 150 years.

Make Those Responsible Pay at the Polls
This entire monstrous travesty is finally coming apart without even waiting for the horrible disappointment of the special counsel’s inability to adduce a scrap of evidence to justify his replication of Torquemada as an inquisitor and of the Gestapo and KGB at rounding up and accusing unarmed individuals who were not flight risks. The collapse of this grotesque putsch, under the irresistible pressure of a functioning attorney general and Senate committees that are not hamstrung by NeverTrumpers, will cause a revulsion against the Democratic Party that will be seismic and prolonged.

The disgrace of their misconduct is profound and shocking. Richard Nixon, against whom there is no conclusive evidence that he broke any laws (although a number of people in his entourage did) never did anything like this. J. Edgar Hoover in 47 years at the head of the FBI and its predecessor organization, never tried to meddle in a presidential election. Those responsible will pay for this, including at the polls.

Without realizing the proportions of the emergency, America has survived the greatest constitutional crisis since the Civil War. All those who legitimately oppose or dislike the president, including traditional high-brow Republicans who find him distasteful, should join in the condemnation of this largely criminal assault on democracy, and then, if they wish, go out and try to beat him fair and square, the good old-fashioned way, in a free election. But they must abide by the election’s result.

Friday, February 22, 2019

Make America White Again

In my blog post "Democrats strategy for electoral dominance: make the US a 3rd world shithole" Julia Hahn at Breitbart said;  "Fifty years ago today, Ted Kennedy began changing the face of the United States by ushering the 1965 Immigration and Nationality Act through Congress. That legislation resulted in the fundamental transformation of the demographic, economic, social, and political landscape of nation, exactly the opposite of what its supporters promised."

She also mentions that "in 1965, the US was, according to Pew, was 84 percent white, 11 percent black, 4 percent Hispanic and less than 1 percent Asian."  

This means that for 80% of American history, the vast majority of immigration into the US was mostly from white, high-IQ Europe. This worked very, very well. Remember, it's only Northern Europeans, East Asians and their descendants that have median IQs greater than 100.  ALL THE REST, the rest of the world (ROW), has an average IQ of about 85.  Only 15 median IQ points separates mostly white nations with high levels of prosperity, law and order, democracy, tolerance and happiness from ROW (low IQ) countries that are impoverished, crime-ridden, run by corrupt tyrants, always near collapse and miserable.  

Of course, the LEFT DESTROYS EVERYTHING it touches."By 2015, as a result of Kennedy’s immigration law, the country is now 62 percent white, 12 percent black, 18 percent Hispanic and 6 percent Asian." The entire strategy of the Democrats is to "dumb down" our populace so that they can better fleece and trick the public to guarantee their power.  We saw that when one of the architects of Obamacare was caught saying on tape that the Democrats rely on the ignorance of the voters to pass their disastrous legislation that was, in fact, all lies

Thanks to "open border" morons in both the Democrat and Republican parties, a recent study from Yale shows (surprise, surprise!) that there might be as many as 2 to 3 times the number of illegals hiding in our country than is being reported by the lying media.  So, rather than 11 million illegals, we more likely have 22 million or even 33 million.  This means that our population of whites may be as low as 59%.  I wrote that whites would be a minority in the US by 2050, but it's possible that whites will be a minority well before that!

This is, of course, the strategy of Democrats and the ruinous Left. They are the anti-white party who are dedicated to illegality to boost their power. They are continually trying to allow these illegals to vote and are gradually succeeding. Democrats stand for disastrous "diversity" that is ruining Europe and this country. The reality is that homogeneous populations that are happy and peaceful.  Leftist/Marxist Democrat's control of the media allows all the lies and propaganda to effectively infect our country. It's works even better when the nation's average IQ is lower!! See how that works? That's how an idiot like Obama got elected twice!  Do you have any doubt that, given enough time, Obama would reduce the US to a banana republic??  There isn't a black "leader" in the world that wouldn't.

We are forced to live in a time of utter propaganda in all of the media outlets. No one can say that nearly all black and brown populations are backwards and usually near or at collapse. No one can say the truth; that every majority black community, city or country in the world is a total disaster of crime and poverty, including those in the US. No school administrator is allowed to say that nearly all of the minority (black) students are not qualified to be admitted to college except by affirmative action. No one is permitted to point out that there is not a single black leader or any black community anywhere in the world is advancing or building-up their communities. They only destroy them. The truth is that blacks destroy everything!  It's true in New Orleans, Memphis, Baltimore, Rio de Janiero and most of Brazil and ALL of Africa. It's mostly true in Latino countries too, especially Central America and Mexico.

The Left also completely ignores the massive incompetence and criminality of the Central American populations. Those voters are so stupid that they'll fall for bullshit "free stuff" or Communist leaning leaders who bankrupt the countries. Think Chavez, Maduro, Christina de Kirchner of Argentina, Daniel Ortega of Nicaragua to name a few recent Latino disasters. Nicaraguans elected known snake Ortega, even though he was a known Soviet Union stooge during Ronald Reagan's term.  He was a proven snake then and, surprise, he's a proven snake now! Ortega is shooting protesting college students in the streets now. The vast majority of these people are dumber than rocks.

The US needs the best and brightest, not the lowest of the low. Latino Americans, on average, are low skill, low productivity workers, incompetent voters, incompetent politicians and these countries have enormous criminal elements. Murders and crime in most of Latin America and Africa are sky high. Most of these countries are basically failed states,

California's poverty level is higher than ever. Why? Because, the average annual pay (and therefore their productivity) of Central Americans or Mexicans is miles below the US poverty level. For example, the minimum wage in Mexico is $4 PER DAY!  (50 cents per hour).  Those same people are invited by The Left to arrive illegally into California and everywhere else --- then insist that businesses should pay them 30 times more or $15 an hour as a minimum! Then local hospital and public schools are forced to give these people free medical treatment and free education.  And you wonder why we have non-stop truck-loads, train-loads, and multiple caravans at our southern border?

All of this is, of course, the strategy of the Left's destruction of this country -- their quest for unending power. It's working!

Leftists love the fact that low IQ blacks and Hispanics gravitate to the disaster of Marxism like Chavez, Castro or even Obama. It's because they can't take care of themselves or build a working society; they want a big government and/or tyrant leader to take care of them. They can't handle freedom like  self-organizing white people. Most white people used to know how the big govt/tyrant path works out (or doesn't).

And note that ignorant black commentators are all over the lying media. It's because they are a carnival of the stupid and gullible. But notice how few Latinos are on CNN or MSNBC or the other propaganda outlets. Instead it's dumb ass blacks spouting a bunch of bullshit -- which is the strategy of our lying media.  Now look at the formerly prosperous South Africa. Violent and militant Marxist Niggers are now running around like the wild animals that they are. Whites are being persecuted and murdered, a breakdown of law and order has emerged, the economy is being ruined and they can't even keep the power on now more than half the time. It's just a few short months until starvation and calamity arrives. This is about the same for every black community in the world with only a few exceptions.

Reform election laws in this country to allow only property owners to vote. Repeal the 1965 Immigration and Nationality Act.  Revive offers to re-settle Black Americans to Liberia or elsewhere.  Arrest every mayor and the entire city council of every "sanctuary city." Deport all illegals. Keep it fair: if you're here illegal, you're out.  In short, make America white again!

Wednesday, February 20, 2019

Democrats: the Party for the Mentally Ill/Deficient (Especially Shit-for-brains Minorities)

In light of the Jussie Smollett alleged hate crime hoax in Chicago, journalist Andy Ngo took to Twitter to remind the rest of the journalism world just how many of these hoaxes have occurred since President Donald Trump took office.

Professor Jacobson wrote about how the media has resorted to using the same script against MAGA as they did to the Tea Party back in 2008. No matter the facts, one just has to scream TRUMP or MAGA and the media jumps all over it. When facts come out, the media either doubles down or tries to find a way to spin it to push their narrative that everyone on the right is a racist.

The stories that Ngo tweeted about disappeared into the background once the truth came out. If it does match the narrative the MSM wants to portray, they simply bury it on the back pages.

You can also check out Ngo’s thread of reactions from the left and media over Smollett’s alleged hate crime hoax, which proves that they don’t care about facts. It’s all about the narrative, baby.

Here are the stories Ngo documented on Twitter:

https://twitter.com/MrAndyNgo/status/1097020092791934976
https://twitter.com/MrAndyNgo/status/1097078904789975040
https://twitter.com/MrAndyNgo/status/1097163947327680522
https://twitter.com/MrAndyNgo/status/1097168648332931072
https://twitter.com/MrAndyNgo/status/1097172226351099905
https://twitter.com/MrAndyNgo/status/1097176401424203776
https://twitter.com/MrAndyNgo/status/1097185934322294785
https://twitter.com/MrAndyNgo/status/1097197415902277632
https://twitter.com/MrAndyNgo/status/1097276696892329985
https://twitter.com/MrAndyNgo/status/1097278966606356480
https://twitter.com/MrAndyNgo/status/1097280994124550145
https://twitter.com/MrAndyNgo/status/1097284655886159873
https://twitter.com/MrAndyNgo/status/1097285480436064256
https://twitter.com/MrAndyNgo/status/1097307109195018241
https://twitter.com/MrAndyNgo/status/1097313190692642817
https://twitter.com/MrAndyNgo/status/1097335232397635585
https://twitter.com/MrAndyNgo/status/1097497700797272066
https://twitter.com/MrAndyNgo/status/1097504662645760000
https://twitter.com/MrAndyNgo/status/1097550883871571968
https://twitter.com/MrAndyNgo/status/1097554135728050176
https://twitter.com/MrAndyNgo/status/1097555957477912576
https://twitter.com/MrAndyNgo/status/1097561482965839872
https://twitter.com/MrAndyNgo/status/1097565135214768130
https://twitter.com/MrAndyNgo/status/1097568184662519809
https://twitter.com/MrAndyNgo/status/1097569230294118401
https://twitter.com/MrAndyNgo/status/1097574383306960898
https://twitter.com/MrAndyNgo/status/1097575838663364608
https://twitter.com/MrAndyNgo/status/1097581249911123968
https://twitter.com/MrAndyNgo/status/1097720799748775936
https://twitter.com/MrAndyNgo/status/1097723564281581568

Sunday, January 6, 2019

BURN IT DOWN!

The stock market began to cascade downward in recent months after the Federal Reserve began another "experiment" in monetary policy by starting to unwind their balance sheet and raising interest rates at the same time. It's never happened before. Of course, we've never seen the Federal Reserve and other central banks buy $TRILLIONs of bonds, stocks or mortgages to "support markets"(bubbles) before.  And, we've never seen zero interest rates in over 5000 years of world history (and held negative or zero for so long).  Extremes of unsound money and unsound finance are leading (eventually) to catastrophe.

I said in February 2018,
It's amazing how, since abandoning sound money in 1971, it's led us down a long road to our extremely precarious state at this time. There are even more things signaling collapse, see: We're reaching, the end of a long road. I think that we're on the verge of another and worse financial crisis: the 3rd in the past 18 years. Thank your government and Central bankers.
There's likely no way out now. Normalization is probably not possible. Even a relatively small rise of interest rates to historically low rates has already resulted in a equity flash crash of over 10% a few weeks ago, wiping-out $trillions worldwide. And it's probably just starting. To be honest, no one really knows how things will play out in the coming months. There is too much money sloshing around and the Fed has started to withdraw money from the markets as they vow to continue to raise the Fed funds rate.. Yes, markets might appear to recover, then in a short period, it'll go "poof" and your money goes to "money heaven." 
When massively inflated financial markets crash, they will take the economy with it --like in 2008/20009. I'm just hoping that the world's financial system does not fail permanently this time. Keep in mind that we have about 8 years to go to complete our current Fourth Turning crisis and Western civilization is potentially at risk.
The attempt at normalization lasted only a short time. Already, in the past week, the know-nothing PhDs at the Federal Reserve said that they may have to reverse course and pause their balance sheet run-off and reverse their rate hikes --- all to keep stock market bubble going. Sure enough, markets soared. We. Must. Save. Stocks!  The truth is that, in our financialized (bubble-filled) world, severe market falls may cause a recession, not the other way around.  Thus the extreme level of market manipulation.

This recent attempt to reverse or normalize policy is a valiant attempt by old-timer Jay Powell.  But the damage and manipulation was so rampant and pervasive, that normalization may not be possible. See The US Federal Reserve is now the Root of all Evil.

Capitalism requires that poorly run, over-indebted and/or failing enterprises to fail, including banks and even governments!  That's how the system reset or refreshed. Prior to central banks, capitalism used to have short, sharp recessions/depressions which killed weak banks and companies. But it kept businessmen cautious and prudent in order to survive dangerous and sharp downturns. It made for sound business practices and prudent loan policies at banks (not bubbles).

Now our multi-decade effort to eliminate the business cycle and repeated bailouts of the well-connected by their govt cronies is not capitalism. It's corruption. It's cronyism. It's the equivalent to a "no burn policy."

For 70 years, the US forest service had a "no burn" policy of not allowing any fire on Federal lands. Then, like government often does, it lurches to a "let it burn" policy in 1989 and a good portion of Yellowstone Nat'l Park exploded in flames that year.  (I was there that year!).

I think there will be a similar conflagration at some point in the economic environment. I think it's happening now and that Powell doesn't understand that the balance sheet reductions AND the Fed Funds rate hikes are reversing abundant liquidity (tinder?) and causing the stock market declines.  These people, and basically all the people in government, don't know what they're doing. So many people in government are there because they couldn't make it in the private sector. Same for academics like all those PhDs at the Federal Reserve. They have been wrong at everything for as long as I've been alive.

This is why the founding fathers were obsessed about limiting the power of government so that the damage that these idiots can cause is inconsequential. But that's not what we have. We have huge, flailing, corrupt, incompetent government that is ruining our economy, our culture, our country and our people.  I say burn down our bloated, failing central planning bureaucracy!  In many ways, now we're not that much better than communist China! Both of us are on the verge of failure.  Add the EU to that list too.

I'm not a Republicrat or a Democan.  I'm a revolutionary-- calling for a revolution! I advocate a 50 to 60% reduction of Federal employees and eliminating and/or outsourcing and/or downsizing and/or privatizing basically every department including defense. In reality, we really need to BURN IT DOWN and start over.  This includes burning down the Federal Reserve banking system.

One way to do that would be for the President to hold the line on passing the next debt limit extension. This would simply require that the government spend only what it receives in tax revenue, ie,, NO MORE DEBT. This would require massive real budget cuts (not just reductions of projected spending growth) in everything including price reductions to drug companies, hospitals, defense contractors, etc.  I know this will never happen, but if it did it would cause a massive depression and a massive deflation of medical prices, rents, house prices, college tuition and everything else. In other words, it would be the massive reset needed to bring prices back to levels that people can afford. It's pretty obvious that a massive reset is needed since the bottom 90% of worker's wages will never catch up to gov't and Fed Reserve -induced inflation---which is what we've been seeing for decades now.  The reset will happen eventually, probably  through violent market and political convulsions.  Why?  Because what we have is unsustainable.  We're going to have a depression one way or another!!  In some respects we've been in a prolonged "depression" for 10 years already.

That's right, what this nation needs is a big fat ugly depression.  And it's just what is needed. But for it to happen, the Federal Reserve needs to be abolished NOW.  This way, they can't do all the money "printing" and helicopter money and secret bailouts that prevents a full reset, ie., a huge deflation. We cant allow the Federal bureaucracy to rescue itself at our expense!  BURN IT DOWN!