Sunday, March 27, 2016

Trump Is Right On Immigration and Trade Too

I've mentioned before that Trump is right on immigration. The US Government, especially the Obama administration, is nearly 100% derelict in it's duty to enforce immigration laws. But it's been poor for a long time. As a result, we've seen surges of illegal immigration. And catch and release has been the norm for a long time. Not enough is done to deport those with expired visas as the government is not tracking them and has no idea where they are. Even criminal illegal aliens are not getting deported.

We've reached peak insanity, peak stupidity, peak absurdity, peak-political correctness, peak dishonesty, peak corruption and peak cronyism.  No where is this more obvious than in the Obama administration and Obama Democrats. This is why Trump is rising. However indelicately he speaks, Trump is mostly correct in his observations about immigration, trade, cronyism, jobs, the problem of Islam and the stupidity and incompetence of Washington DC.

He's right about our 40 year history of lousy trade deals. Various trade deals have led to the greatest wealth transfer in human history — out of America! For 40 years, both parties have been passive as first Japan, then China and other Asian countries have essentially robbed us blind through chronic trade imbalances with America. Trump reminds us that NAFTA has also led to chronic trade deficits with Mexico.  Entire industries have been exported along with high paying jobs. For 40 years, both parties have been passively watching this happen. Now, in economically hollowed-out America, drug addiction is epidemic.

These persistent trade (and current account) deficits have actually bankrupted this country. But this fact is not yet obvious as the effects of the "greatest wealth transfer in the history of the world" have been mitigated by $9 Trillion in debt-fueled spending in Obama's short time alone.  Add another $3 Trillion in "money printing" deposited directly into the big banks.  And the emergency policy of zero interest rates continues for 7 years running. This is masking outright Depression. 

Another reason why chronic trade deficits haven’t already “visibly” bankrupted the US is that we no longer have sound money (gone is Bretton Woods and long-gone is a gold standard).  With a gold standard, the country who imports too much, relative to exports, would see gold outflows. Since gold is money, loss of gold slows the country importing too much and balances trade. Also, with a gold standard, the Treasury and Federal Reserve can't just willy-nilly pump up the money supply like they are doing now. In our era of "fiat" paper money, the central bank and Treasury continue pumping up "money" to keep the game going.  We’re bankrupted but not yet “visibly”.

We've really reached the end of the road of can kicking. From Fast Collapse or Slow?, I explain why this is so.

Trump is signaling an end to “globalization” which is bankrupting our nation, killing our industries and jobs market, hurting incomes and the middle class. It had to end sometime. Incomes for non-elite workers have continued dropping especially since 2008. Struggling consumers in the US don’t have any money left to buy Chinese stuff!  This is bringing down China; exports from China are down 25% this past year.  Suddenly their massive debt is souring (as is our debts).  We’ll all go down together.

There will be revolution in America too, but hopefully it will be mostly at the ballot box. Trump has rightly recommended stopping ALL immigration for a year or two. Our immigration system is utterly and completely broken (as you know).  Trump is completely right that we’re ruled by a bunch of fools and stupid people (Why would really clever people work for the Federal government?). We haven’t won a war since WWII. We are losing royally on trade.  Everything at the Federal Govt is broken and unfixed. Trump is right to be proud that he’s nobody’s puppet since he’s self-funding.  I hope he proposes campaign finance reforms to get money out of politics. That would be truly ground-breaking.  The funniest thing of all is that Trump is the billionaire for the common people!!  Just let that sink in!  

Basically There Is No Women's Pay Gap

There is, in fact, a 23% gap in women's pay nationwide but it's largely explained by logical reasons -- not discrimination. In fact, despite 7 years of phony rhetoric, there continues to be real pay gap between men and women employees in the White House itself.

Again, rational people like economics professor Mark Perry have long explained the pay gap. But irrational Democrats need to keep alive myths and "causes" like this. Because without them, they are irrelevant!  For this reason, they ignore "facts"and information that inconveniently contradict their phony "problems" because they really are, in fact, irrelevant.  That irrelevance was never more clear with Obama completely distracted from world events while playing around in the 3rd world banana republic of Cuba and tango dancing in Argentina while Europe is under siege due to what Obama would call "workplace violence".

Economics professor Mark Perry says "the differences in raw wages may be almost entirely the result of the individual choices being made by both male and female workers.”
  • Men work longer hours,
  • Men work in more physically demanding occupations like farming, construction, roofing, logging, truck drivers and working on oil rigs,
  • Women work in family-friendly workplace environments like teaching elementary school that coincide with their children’s schedules (with summers off, etc.),
  • Men take less time off, or no time off, for child birth and child care to minimize their time away from the labor force that might affect their earnings.

Monday, March 21, 2016

Entire Myth of Obama's Competence Built On Lies

When Obama burst on the political scene, he had no record to run on. He had no real notable career or accomplishments on his resume. His only claim to legitimacy was his Columbia and Harvard academic degrees.

The Journal of Blacks in Higher Education states clearly that, without affirmative action, that "the numbers and percentages of blacks in our leading graduate and professional schools would drop to very low, nearly nonexistent levels." Clearly this is true. There are so many qualified white applicants. The Journal also ominously notes that the black-white gap is actually widening.

So, the reality is that, with near 100% certainty, Obama only attended these universities due to lower admission standards of affirmative action. There are far too many highly qualified White and Asian applicants. Affirmative action is based on Liberal justices "making laws" from their benches. Liberalism in action!

And Obama clearly didn't do well at Harvard or Columbia. If he had a great record, why didn't he release his transcripts? It's because he couldn't tolerate objective scrutiny. Even Obama himself has intimated that he was a lazy student. But, his academic credentials are the only notable thing on his CV.

We know that the elections of Obama were significantly due to Liberal media manipulation of public opinion. They falsely painted Obama as having a superior intellect with superior ideas. He might even be somewhat "above average" intelligence as he's able to speak well and conjugate verbs unlike a large portion of blacks, but he's hardly brilliant.

According to the Bell Curve and statistics, "brilliant" blacks are very rare statistically (0.027%). Yes, he's 1/2 black, so he might have inherited high intellect genes from his white side, but for 7 years he's shown a telling lack of logic and consistency, an inability to adjust or learn and a high degree of incoherence in his statements and policy.  He's even said some ridiculous things about matters of law that shows he's not a law expert at all, despite having gone to Harvard Law. ("It would be unprecedented if the Supreme Court overturned a law like the ACA")

So, the reality is that Obama is a mediocre intellect promoted far beyond his capabilities through the omission of information and tricks used by Leftist media to paint an exaggerated narrative. Leftism is imposed by tricks, lies and even omission of truth. He never was a professor of Law as was claimed. He was a senior lecturer -- not a professor: another trick.

He was a senior lecturer, but we're not told the reason as to why he left this post.  Maybe it was because he was a massively arrogant prick that no one could stand??  Probably. No resume information has been provided. No job references were provided either. And the "Media" didn't ask for any either. So much whitewashing of truth!!

So, Obama, handed softball questions by Leftist media through both of his campaigns shielded him from being exposed. Leftist tricks are nearly entirely responsible for his rise.

So the entire myth of Obama's competence and prestige is built on lies, omissions and "propaganda." 

So, it's not surprising that his performance in office has been dismal. His record is one of nearly perfect failure. Instead, he's been a wrecking ball for social cohesion, a disaster in ALL matters of foreign policy, and his only major legislation, ObamaCare, was squeezed through passage using horrible tactics, has remained a disaster with public approval down to 29% among whites (a low 37% overall).  It's helped 2 or 3% but hurt 98%.  That's considered success in his incompetent world.