Must Reads For The Week 10/5/19

Posted October 8, 2019 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

 

THE OUTSIDER vs. THE INSIDERS

Trump is using the insiders tactics, outlined in ‘Rules for Radicals’, against them and they don’t know what to do. {Insiders being defined as democrat establishment, republican establishment, mainstream media, administrative state bureaucrats, and the education and hollywood establishment}

Usual Anti-Trump Intel Officials Publish Open Letter Supporting Whistleblowers, by Sara A. Carter, at saracarter.com.      If this group is against you, you are doing something right. Trump is like a bird dog. He flushes the insiders out of their cover. And we get to see exactly who they are.

Impeachment Coup Analytics, by Victor Davis Hanson, at amgreatness.com.   Excerpt from the article:

“…..recently Representative Al Green (D-Texas) reminded us why the Democrats are trying to impeach the president rather than just defeat him in the 2020 general election.”

“To defeat him at the polls would do history a disservice, would do our nation a disservice,” Green said. “I’m concerned that if we don’t impeach the president, he will get re-elected.”

“Translated, that means Green accepts either that Trump’s record is too formidable or that the agendas of his own party’s presidential candidates are too frightening for the American people to elect one of them. And that possibility is simply not permissible. Thus, impeachment is the only mechanism left to abort an eight-year Trump presidency—on a purely partisan vote to preclude an election, and thus contrary to the outlines of impeachment as set out by the Constitution.”

“If Trump were to be reelected, not a shred of Barack Obama’s “fundamental transformation” would be left, and the strict constructionist Supreme Court would haunt progressives for a quarter-century.”

“The Democrats have exhausted every other mechanism for destroying Trump—and they are running out of time before November 2020 election.”

“Think of what we have witnessed since the 2016 election. Do we even remember charges that voting machines in the 2016 election were rigged, and the efforts to subvert Electoral College voting, or to invoke the Logan Act, the emoluments clause, and the 25th Amendment?”

“The “collusion” and “obstruction” fantasies of the Mueller investigation now seem like ancient history. So do the James Comey leaks, the palace coup of Andrew McCabe, the Trump tax records, the celebrity rhetoric about blowing up, shooting, stabbing, burning and variously killing off the president of the United States—along with the satellite frenzies of Stormy Daniels, Michael Avenatti, Charlottesville, Jussie Smollett, the Covington Kids, and the Kavanaugh hearings.”

“What is left but to try the new “Ukraine collusion”

“Be prepared for a half-dozen Christine Blasey Ford-type witnesses to pop up, and 20 or so unhinged Cory Booker-esque “I am Spartacus” performance acts, along with a whole slew of new Steele dossiers—all interspersed with breathless CNN bulletins announcing new fake news developments with “the walls are closing in” and “the end is near” prognostications. Rep. Adam Schiff (D-Calif.) is already reading fantasies to the House Intelligence Committee and passing them off as the text of Trump’s phone call to Ukraine’s new president. Only after he was called on such absurdities did he describe his performance as a parody.”

“The Left is hellbent on impeachment and the absence of a case won’t matter. They do not care if they will sow the wind and reap the whirlwind.”

Are These The Five Tweets That Change The World? by Tom Luongo, at tomluongo.me.      We know whatever Trump does will be blasted by the Democrats and the mainstream media. But getting out of Syria will flush Republican insiders out into the open.

Trump can do this because the Middle East isn’t as important to the US as it used to be. Why? The one word answer is “OIL”. The American Fracking industry is supplying so much oil to the world market it has changed the geo-politics of the region.

Remember when Iran blew up thee Saudi oil facility a month ago? We were told that oil could go to $100 dollars a barrel and we had to retaliate against Iran. Neither happened because American fracking has made America the largest oil producer in the world. The loss of part of Saudi oil production was just a paper cut to the world supply.

The price went up about nine dollars a barrel immediately after the September 14th attack . But after two weeks the price went back down below the price it was before the attack. (click on chart here)

The geo-political change, not just in the Middle East but around the world, is an unintended consequence of American fracking.

Ukraine ‘Anti-Corruption’ Director Bragged About Helping Hillary Clinton In 2016: Leaked Audio, at zerohedge.com.       The real Ukrainian corruption issue is with The Democrats. And they know it.

 

ECON STUFF

The Difference Between Regulated Markets And Free Markets, by Per Bylund, at mises.org. Excerpt from the article:

“A free market, one in which participants voluntarily trade and exchange the way they themselves see fit, unrestricted by third parties (those who are not directly involved in the exchange), necessarily must be without arbitrary restrictions and regulations.”

“To say that the ‘black’ market is a free market is an error because even if the exchanges are voluntary they are heavily impacted by regulations (here: prohibitions). To say that airlines are actors in ‘the free market’ is equally wrong–there’s hardly anything free about this market, which suffers from the burden of a mammoth body of regulations.”

“Whether you buy a plane ticket, these companies’ hiring and investment decisions, etc. are still voluntary exchanges. But they’re restricted exchanges; they do not take place on a free but (highly) regulated market.”

“So why do proponents of markets claim that the accomplishments of the airline industry are due to the ‘free market’? They are certainly results of a market, but a heavily regulated one — one in which market actors have not been allowed to have a say, that is, they have not been allowed to engage in the exchanges they would have chosen.”

“To say that this is a free market is at best a mistake, but more like a lie.”

“Markets work, they always do. But their results differ. And regulations place restrictions on how markets may work. There’s only one kind of free market, and it is one that does not suffer from restrictions–because restrictions placed on it make it unfree.”

Markets Rely On Accurate and Honest Information – But Governments Want The Opposite, by Gary Galles, at mises.org.      This is really good. Here is an excerpt from the article:

“A great deal of social coordination is only achievable when based on the truth. But many of the relevant truths behind people’s opportunity costs and values are only known to the individuals involved. That is why voluntary arrangements in markets, in which you tell the truth about the relevant relative scarcities both when you buy and when you sell, are indispensable to all participants’ well-being.”

“In contrast, when governments displace voluntary arrangements with coercive impositions, lies displace truth in two ways. Not only is the competition to get political power based largely on misrepresentations, but government’s coercive impositions also replace the truth revealed in voluntary market behavior with lies. What is the effect on society? It isn’t pretty. And even though it is an essential aspect of government intrusion into citizens’ affairs, not a single moral or ethical system endorses lying. Lies will not set you free. Not only does the truth set us free, but freedom in our cooperative endeavors reveals truths we have no other way of knowing.”

Central Bank “Stimulus” Is Really A Huge Redistribution Scheme, by Alasdair Macleod, at mises.org.           Central bank counterfeiting comes with unintended consequences that are hidden in government statistics. My question is how can decreasing the purchasing power of the dollar, via money printing, be beneficial for the ‘middle class’?

Here is an excerpt from the article:

“Indeed, the official purpose of the expansion of money and credit is to somehow persuade economic actors that things are better than they really are, and to stimulate those animal spirits. You’d think that with this policy now being continually in operation that people would have become aware of the dilution fraud. But as Keynes, the architect of it all said, not one man in a million understands money, and in this he has been proved right.”

“Central banks pretend all these benefits come at no cost to anyone. Unfortunately, there is no such thing as a perpetual motion of money creation, and someone ultimately pays the price. But who pays for it all? Why, it is the wage-earner and saver and anyone else with deposits at the bank. They are also robbed of the compounding interest their pension funds would otherwise receive. These are the very people who, in a bizarre twist of macroeconomic logic, we are told benefit from having the prices of their everyday purchases continually increased.”

“Attempts to measure the supposed benefits of inflation on the general public are in turn dishonest, with the true rise in prices concealed in official calculations of price inflation. Suppressed evidence of rising prices is then applied to estimates of GDP to make them “real”. For the purpose of measuring the true condition of an economy these official statistics are taken as gospel by both the commentariat and investors.”

“We cannot know the accumulating economic cost of cycles of progressively greater monetary inflation, because all government statistics are based on the lie that money is a constant, when in fact it has become the greatest variable in everyone’s life. The transfer of wealth from all consumers through monetary debasement is an act of impoverishment, and to the extent it is not offset in other ways the economy as a whole suffers.”

NY Fed Announces Extension Of Overnight Repos Until Nov 4, Will Offer 8 More Term Repos, at zerohedge.com.    We talked about this when it started a few weeks ago. The Fed is going to gradually pump another $200 billion (by my calculation) into the financial system by Nov 4th via the over night Repo market. Who wants to bet they will continue this after Nov 4th? The article is right:  “QE4 is quietly launched to no fanfare.” Read the above article to understand why this is not good for anyone, except the insiders who have first access to the Feds new electronically printed counterfeit money.

Sound Familiar? Banks Are Saddling Fannie & Freddie With Risky Mortgages, Study Finds, at zerohedge.com.     Doing the same thing that helped start the ’08’ financial crisis…..? Not a good idea. This and the above article show why it is difficult to get people to understand what the insiders are doing. Getting this information not only isn’t easy, it isn’t a priority for regular people to find out. Plus, if people want to understand this (and above), they have to do some serious studying. Most people don’t have the time to spend doing the research, even if they wanted to understand it.

 

MISCELLANEOUS

Federal Judge Slams University Of Iowa For Religious Discrimination, by Vanessa Miller, at thegazette.com.     This is typical of educational insiders. They will not tolerate anyone who doesn’t agree with the leftist orthodoxy.

FBI – Expanded Homicide Data Table, at ucr.fbi.gov.

Hey Beto “We’re coming for your AR15s and AK47s” O’Rourke. Only 297 people were killed by assault rifles in 2018. Compared to 1,515 killed with knives, 443 killed by blunt objects, and 672 killed by an individuals fists, feet or hands.

So logically we should take peoples hands away from them so they can’t use guns, knives, blunt objects or their hands to kill people?

Even if it saves just one life, isn’t it worth it? NO, don’t be silly!

There are millions of defensive uses of firearms per year (read here) compared to 10,265 homicides (2018) by firearms. Do the math.

You Can Be Fined $250,000 For Saying This Phrase In New York City, at zerohedge.com.          These are not satirical headlines. This article has a list of six absurd things that actually happened.

1) New York City Declares Using The Term ‘Illegal Alien’ Can Result in $250,000 Fine.

2) Nurse Takes New Born Baby Away After Parents Refuse Vitaman K Shot.

3) German Regions Pass Law To Ban Insulting EU Flag.

4) Chinese Flag Raised At Boston City Hall To Mark Thee 70th Anniversary Of China’s Communist Regine.

5) Democrat Sends Police In Tactical Gear To Man’s House Over Gun Meme.

6) This Utah Woman Was Charged For Being Topless In Her Own Home.

Rockets GM ‘Stands With Hong Kong – Until China Pulls Endorsements, at zerohedge.com.     Why would you apologize to a Communist dictatorship that has millions of political dissidents in prison. Didn’t the NBA players put their hands up in solidarity for the false “hands up don’t shoot” controversy? They should take a stand for the oppressed in China instead of caving in to the Chinese government. Or are they caving in to their own self interest……”their own salaries”?

By the way didn’t Google help the Chinese government set up the ‘Social Credit System’ (read here) which stifles peoples freedom? Google should apologize to all the Chinese people they have helped the Chinese government punish because of their low social credit score.

I know this social credit thing can’t happen here in the US can it?…….Wait a minute….Google already has the ability and the information to do this?……So they already have their own social credit system?….. Google wouldn’t  team up with the government would they???????????   Repeat after me……. “it can’t happen here…….it can’t happen here……..it can’t happen here………”  Ok Ok….. I feel much better now.

Hillaryland, by Daniel Greenfield, at sultanknish.blogspot.com.    This is a riot.   Excerpt from the article:

“Hillaryland is the sad successor to Clintonworld networks like the Clinton Foundation which connected world leaders, foreign criminals and a prospective president. The alumni network is now a joke. The Clintons will never hold public office again. Hillaryland isn’t an alumni network, it’s a political leper colony run by “volunteers” too dumb to realize that the S.S. Slick Willy will never rise again.”

“This just means another Hillary Clinton book tour that nobody asked for and nobody actually wants.”

“Nevertheless, Hillary’s desperation tour will still be coming to such world-renowned locations as the Women’s Club of Ridgewood, NJ (no books will be signed), the United Methodist Church in Denver, CO, and the San Ramon Valley High School gym. Next stop, a random Appleby’s in Great Forks.”

“What’s the point of all this?”

“Jeffrey Epstein is dead, Ed Buck is in jail, and Harvey Weinstein is tapped out. The money has to come from somewhere. Even if it means sitting dead-eyed and drunk in a high school gym while Chelsea launches into an enthusiastic explanation of how Rachel Carson made the world safe for malaria.”

“But it’s not as if the Clintons really need the money. Their greed is as compulsive as all their vices.”

“Hillary Clinton loathes other people, but is incapable of existing without them. She can’t do what every other contender did and go away because she has nowhere to go. There’s a mansion in New York, but it has too many mirrors. And at night, she might start wandering and muttering, “Out, damned spot.”

“And she won’t be talking about the neighbor’s dog who committed suicide in a local park.”

“Desperate and malicious, Hillary’s restless spirt wanders the nation and the world, haunting random supermarkets, gyms and colleges. To paraphrase her inspiration, Karl, a specter is wandering D.C. That’s where Hillary showed up to George Washington U to claim that she only lost Wisconsin because of Republican voter suppression. It had nothing to do with her failure to campaign in Wisconsin.

 

I THOUGHT THE SCIENCE WAS SETTLED?

New study about red meat consumption is interesting. Here are three articles that you should read before you decide to either stop or start eating red meat.

Here’s The Real Truth About That Confusing Red Meat Study, by Gideon Meyerowitz-Katz, This is an analysis of the new study.

Is Red Meat Bad For You, Or Good? An Objective Look, by Kris Gunnars, at healthline.com This is an article that came out a year before the new study. It is very informative.

Another Narrative Collapses: Eating Red Meat Is Not Ritualistic Suicide, by Tom Luongo, at tomluongo.me.     Excerpt from the article:        “Because the demonization of red meat cuts to the heart of the political con job that is modern cultural Marxism and its supposed moral high ground.”

“You can see this in the response to the landmark study just completed that concluded there is no perceivable risk from eating red meat as opposed to anything else. It immediately provoked apoplexy akin to doctors prescribing hemlock to treat eczema.”

There Is No Climate Emergency, Say 500 Experts I Letter To The United Nations, by Mark J. Perry, at carpediemblog.    I thought “scientists” agree on climate science?

Global Warming Fraud Exposed In Pictures, at zerohedge.com.    Check out these charts.     Excerpt from the article:

Climate change alarmists have convinced the public something must be done now. The reports are easily debunked as fraud…”

Quotation Of The Day On Why You Should Not Listen To Laughable Greta Thunberg, by Mark J. Perry, at carpediemblog.    Quote from Rich Lowery:

“There’s a reason that we don’t look to teenagers for guidance on fraught issues of public policy. With very rare exceptions kid have nothing interesting to say to us. They just repeat back what they’ve been told by adults, with less nuance and maturity”

“Much of the climate advocacy of  young people boils down to the plaint that all parents know well: “I want it, and I want it now.” As one headline on National Geographic story put it, “Kids world climate strikes demand that warming stop, fast.””

“Behind the foot-stomping is the idea that a long-running global phenomenon could be quickly stopped, if only adults cared as much as the kids did. This fails to account for such recalcitrant factors as costs ans complexity, but when do children ever think of those” (And who can blame them? They’re children.)”

“Instead, the youthful climate activists claim they’ve been sold out by their elders. Greta Thunberg put it with her usual accusatory starkness at the UN: “You are failing us, but young people are starting to understand your betrayal.”

“This is laughable. By no global measure of social and economic well-being have we failed kids. According to HumanProgress.org, the global poverty rate fell from 28percent in 1999 to 11 percent in 2013. Life expectancy increased from 63.2 years to 71.9 years from 1981 to 2015. The completion rate for primar school increased from 80 percent in 1981 to 90 percent in 2015. The same benign trends hold for hunger, child labor, literacy, and son on.”

“If climate change proves a significant challenge, today’s youth will have more resources and technology to grapple with it than any other generation in the history of mankind.”

 

SATIRICAL HEADLINES

from thebabylonbee.com.

Unable To Compete With Reality, Babylon Bee Founder Starts Real News Site, at babylonbee.com.

All Democrats Drop Out Of Presidential Race Since The World Is Ending From Climate Change And There’s No Point, at babylonbee.com.

Nobel Peace Prize Committee Informs Trump He Has Not Launched Enough Drone Strikes To Qualify, at babylonbee.com.

Anti-Fun Democrats Seek To End Most Fun Presidency Of All Time, at babylonbee.com.

Homeless Man Rejects Charity After Searching Through Giver’s Tweet History, at babylonbee.com.

Study Finds Avoiding Red Meat May Lead To Longer, More Miserable Life, at babylonbee.com.

 

 

CARTOONS

from theburningplatform.com

41027E72-9671-4D00-AE6B-35A8F3549217

Political Cartoons by Chip Bok

Political Cartoons by Pat Cross

Political Cartoons by Mike Lester

Political Cartoons by AF Branco

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Must Reads For The Week 9/21/19

Posted September 23, 2019 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , , , , , ,

“The coordination of men’s activities through central planning or through voluntary cooperation are roads going in very different directions, the first to serfdom and poverty, the second to freedom and plenty.” – F. A. Hayek

 

ECON STUFF

Negative Interest Rates Are Price We Pay For De-Civilization, by Jeff Deist, at mises.org.   Excerpt from the article:

“Negative interest rates are just the latest front in the post-2008 era of “extraordinary” monetary policy. They represent a Hail Mary pass from central bankers to stimulate more borrowing and more debt, though there is far more global debt today than in 2007. Stimulus is the assumed goal of all economic policy, both fiscal and monetary. Demand-side stimulus is the mania bequeathed to us by Keynes, or more accurately by his followers. It is the absurd idea, that an economy prospers by consuming and borrowing instead of producing and saving. Negative interest rates turn everything we know about economics upside down.

More Money Pumping Won’t Make Us Richer, by Frank Shostak, at mises.org.  Excerpt from the article:

“Neither loose monetary policy, nor big-spending fiscal policy can grow an economy. All that these policies can do is to redistribute a given pool of real savings from wealth generators towards non-wealth generating activities. Hence, we can conclude that both loose monetary and fiscal policies cannot set in motion an economic boom but rather an economic impoverishment.”

NY Fed To Conduct Third Consecutive Repo Operation On Thursday At 8:15, at zerohedge.com. This happened last week and is something to worry about. Repo operation is hard to understand so lets see what a Reserve Repurchase Agreement, at investopedia.com, is. Got It? What we have to ask is why didn’t the banks who are holding $1.4 Trillion of the Fed’s reserves loan it out in the Repo market? This article tries to explain: These Are The Banks Where The Fed’s $1.4 Trillion In Reserves Are Parked, at zerohedge.com.

Walmart’s Healthcare Experiment Has Begun, It May Be A Game Changer, by Gary North, at mises.org.  As healthcare prices continue to rise, it will create opportunities for entrepreneurs to figure out lower cost ways to supply healthcare.

 

MISCELLANEOUS

San Diego State University Normalizes Pedophilia As A “Sexual Orientation“, at zerohedge.com. I said years ago that the crazy left will attempt to mainstream pedophilia. Using schools as indoctrination camps is the lefts tried ant true method for getting their agenda mainstreamed. At this point in time, can we all agree that pedophilia is evil? Will we all still agree after 5 to 10 years of being hit over the head on this subject by the left?

7 Things I’ve Learned Since My Child Identified As Transgender, at thefederalist.com. Parents, you are alone in fighting this battle. The Schools and the medical field are not going to be on your side. In fact they will promote this behavior.

Johns Hopkins Professor On Child Transgender Trend: ‘Many Will Regret This’, by Maris Lencki, at thecollegefix.com.   Excerpt from the article:

“A psychiatrist from Johns Hopkins University has slammed the medical and psychiatric industries for what he says is reckless and irresponsible treatment of patients who claim to be transgender.”

“Paul McHugh, a renowned psychiatrist from Johns Hopkins University, told The College Fix he believes transgender people are being experimented on because the doctors treating transgender patients with hormones “don’t have evidence that (the treatment) will be the right one.” He also criticized the manner of treatment given to many children who claim to be transgender.”

“Many people are doing what amounts to an experiment on these young people without telling them it’s an experiment,” he told The Fix via phone.

“You need evidence for that and this is a very serious treatment. It is comparable to doing frontal lobotomies.

Trans Lobbying Group Pushes ‘Puberty-Blockers’ On Children As Young As 12, at zerohedge.com.  The Trans lobby groups will say or do anything to increase the number of people in their identity group.

How Oregon Built A Transgender Medical Complex On Junk Science, by Katherine Kirkpatrick, at thefederalist.com. How do we let these people get away with this nonsense.    Excerpt from the article:

“Oregon now allows adverse gender surgery outcomes to go largely untracked, restricts health workers’ right to advise patients about the risks, and strips custody from parents who object to transgender experimentation on their children.

Fetus-Collecting Abortionist Connected To New Facility In Buttigieg’s Town, by Margot Cleveland, at thefederalist.com.    Have you heard about this abortion doctor in the main stream media?

‘SOLD OUT’: Arizona Gun Store Offers ‘Beto Specials’ On AR15s And AK47s, by Craig Bannister, at cnsnews.com.    I wonder if Beto purchased stock in gun manufacturing companies before he said he would confiscate our AR15’s and AK47’s? Because ever since he let out the secret, gun sales have risen.

On Campus Of 30,000 Students, Less Than 10 Attend University’s White Privilege Workshop, at zerohedge.com.   This gives me hope that young people aren’t falling for the nonsense of the left.

Mish Blasts NYT Kavanaugh Smear: “Editorial Mistake My Ass”, at zerohedge.com. This wasn’t an editing accident. This was purposeful. The Left wants to let anyone who would think of becoming a judicial appointee know that they will destroy you..

What CFACT Saw At The NYC Climate March, by Craig Rucker, at cfact.org.  Letting kids out of school to attend the climate march is indoctrination pure and simple. The lefts agenda can’t survive in the market place of ideas. Indoctrination is the only way it can survive.

 

CANDACE OWENS

No words exist that can describe the essence of Candace Owens. But after watching her in a number of videos over the years, I have figured out what words describe her. Those two words are….. ‘Candace Owens”.

Candace Owens At Congressional Hearing On Confronting White Supremacy, (see here if video has been deleted)

 

 

SATIRICAL HEADLINES

Hypocrisy: Right-Wingers Who Love It When The Babylon Bee Makes Stuff Up Suddenly Get Mad When The NYT Does It, at babylonbee.com.

Government That Wants You To Take Climate Change Seriously Invites Foreign High School Kid To Testify Before Congress, at babylonbee.com.

Nation’s Murderous Psychopath’s Undecided On Whether They’ll Follow New Gun Laws, at babylonbee.com.

SNL Fires Comedian Accused Of Telling Funny Jokes, at babylonbee.com.

All The Other States Beg California To Add Them To Travel Ban, at babylonbee.com.

Dog Identifies As Genderfluid To Avoid Getting Neutered, at babylonbee.com.

 

CARTOONS

From theburningplatform.com.

Political Cartoons by Chip Bok

Political Cartoons by Chip Bok

Political Cartoons by Al Goodwyn

Political Cartoons by Henry Payne

 

Must Reads For The Week 9/7/19

Posted September 9, 2019 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , , , , , ,

“The coordination of men’s activities through central planning or through voluntary cooperation are roads going in very different directions, the first to serfdom and poverty, the second to freedom and plenty.” – F. A. Hayek

 

THE SURVEILLANCE STATE IS COMING HERE

Is Silicon Valley Building A Chinese-Style Social Credit System? at zerohedge.com.     People in the U.S. think the Chinese social credit system of surveillance is a bad thing. What they don’t realize is big tech companies are surveillance systems. And they already censor information that goes against big government. So it’s not a stretch to think they will either turn over their surveillance systems to the government or give government the information they ask for. But that’s right, it can’t happen here.

“Alexa, How Do We Subvert Big Tech’s Orwellian Internet-of Things Surveillance?”, by Charles Hugh Smith, at oftwominds.com. Excerpt from the article:

“The Internet of Things is indeed about control — not your control, but control over you — control of what’s marketed to you, and control of your behaviors via control of the incentives, distractions and micro-decisions that shape behavior.”

“The control enabled by the Internet of Things starts with persuasion and quickly slides into coercion. Since corporations and government agencies will have a complete map of your movements, purchases, consumption, communications, etc., then behavior flagged as “non-beneficial” will be flagged for “nudging nags”, while “unsanctioned” behavior will be directed to the proper authorities.

FBI, ICE Using Facial Recognition To Bulk-Scan DMV Photos In “Unprecedented Surveillance Infrastructure“, at zerohedge.com.   This is another example of how we are losing our rights and our freedom.   Excerpt from the article:

“Police have long had access to fingerprints, DNA and other “biometric data” taken from criminal suspects. But the DMV records contain the potos of a vast majority of a state’s residents, most of whom have never been charged with a crime.”

“They’ve just given access to that to the FBI,” said Rep. Jim Jordan, ranking GOP member of the House Oversight Committee. “No individual signed off on that when they renewed their driver’s license, got their driver’s licenses. “They didn’t sign any waiver saying, ‘Oh, it’s okay to turn my information, my photo, over to the FBI.’ No elected officials voted for that to happen.”

Trust Us, We Work For The Government, at zerohedge.com.   Excerpt from the article:

“The police department of Gloucester Township has unveiled a new program called 911eye, which allows emergency-dispatch operators to live stream video from emergency callers. On the surface, it seems to be a solid tool in assisting law enforcement and first responders in evaluating what kind of scene they are approaching. Because witnesses are notoriously inconsistent in relaying real-time information, many welcome this boon for police preparedness. WHAT COULD POSSIBLY GO WRONG?”

“But it’s a giant stride down the slippery slope, as the momentum gathers and morphs into its true purpose:  an infrastructure that can turn any internet-capable device into a superspy surveillance gadget with the click of a remote. Inventors call it “pre-crime” technology, and you won’t believe the troupe of actors involved in the creation of such invasive technology.

HARPA: America’s New Social Credit Plan Partners Big Tech And Govt To Further Gun Control Efforts, at zerohedge.com.    Just another example of Big Government getting in bed with Big Tech to squash our individual freedom. But don’t worry! It can’t happen here. Because our politicians and bureaucrats are “public servants”.

 

OTHER STUFF THAT CAUGHT MY EYE

Here’s What A Criminology Professor Learned By Studying Every Mass Shooting Since 1966, at zerohedge.com.     Interesting research on what mass shooters have in common. And what this info tells us about what can be done to prevent future events. I think these shootings (as well as suicides, the opioid epidemic, as well as other drug and alcohol addiction) are symptoms and not the real problem.

The real problem is we have sheltered kids from the realities of life for almost two generations. They don’t know how to deal with failure. And it is easy to end up in a very dark place when you can’t deal with failure. And that dark place is depression and anxiety. And what do we do to help the depressed and anxious? We medicate them with pills that “may cause suicidal thoughts”. And the line between suicide and homicide is a thin line and easy to cross.

There is no quick fix to this problem. We have to treat the problem and not the symptom. We have to start letting kids deal with the realities of life. We have to start today. Because every day we put off dealing with this, not only pushes the day we see improvement into the future by one day, it also makes it more difficult to take the proper action as the status quo thinking becomes more entrenched.

Parents and other adults have to grow a pair and start doing their job.

Soros Spends Nearly $9 Million Lobbying, Now Targets Guns, by Stephen Gutowski and Joe Shoffstall, at freebeacon.com.    You shouldn’t be afraid of the NRA. You should be afraid of lobbying groups who want to take your second amendment rights away.

Why Does ‘Compromise’ Always Mean Gun Control Wins? by Max McGuire, at thefederalist.com. Gun control advocates and Second Amendment right advocates can never agree on what “Common Sense” gun legislation means. Since each side is starting from a different premise, the Common Sense thinking of one side sounds completely illogical to the other side. And there is no getting around this reality.

A Tale  Of Two babies Who Died Under NY’s Extreme Abortion Laws, by Sarah St Onge, at thefederalist.com.    This is another example of each side of the abortion issue starting from different premises. One side thinks the baby is a life. And one side thinks the fetus is not a life. It is almost impossible to come to any agreement on this issue. The Supreme Court should have let this remain a States rights issue and not made it a one size fits all Federal decision.

Idaho Ordered To Pay For Pedophile Sex Offender’s Gender Reassignment Surgery, at zerohedge.com.    We are paying for this prisoner’s gender reassignment surgery. When will we stand up and say “ENOUGH” of this idiocy.

Hemingway: Months After Mueller Report, Media Russia Truthers Are Embarrassing And Sad, by Madeline Osburn, at thefederalist.com.    The media won’t let it go. MSNBC’s Lawrence O’Donnell just couldn’t help himself. He and the others keep playing the role of Wiley Coyote. At some point the anvil hitting you on the head has to hurt.

Trump Slams “Horrible, Corrupt Fake News” After MSNBC Anchor Admits “Was Wrong: On Trump-Russia Story, at zerohedge.com.    They keep giving Trump the glue to make the “Fake News” label stick.

Ilhan Omar Demands UN Take Control Of US Borders In Mirror Of European Migrant Crisis, at zerohedge.com.    She took an oath to “defend the Constitution against all enemies foreign and domestic”. She should turn herself in to the authorities.

Journalists Are Having A Meltdown Over Journalism Being Done To Them, by Madline Osburn, at thefederalist.com.   They don’t like it when their tactics are used against them. Have they heard the saying, “treat others like you want to be treated”.

Vatican’s Amazon Synod Uses Third World As Totems Of Marxist Revival, by Maureen Mullarkey, at thefederalist.com.   Excerpt from the article:   “Under cover of deep ecology, liberation theology has come in out of the cold. And it is gunning to even the score between the industrial West and the Third World.”    Also Read – Pope Francis: “Capitalism Lacks Morals And Promotes Selfish Behavior” at austrianaddict.com.

 

SATIRICAL HEADLINES

Democrats Propose Mandatory Free Speech Buyback For Dangerous Ideas, at babylonbee.com.

Democrats Launch New ‘Listen Up, Hayseeds’ Campaign To Connect With Rural Voters, at theonion.com.

Planned Parenthood Asks Bernie Sanders To stop Reminding People About Connection Between Abortion And Population Control, at babylonbee.com.

Experts: It May Be Too Late To Halt Climate Change Town Hall On CNN, at babylonbee.com.

Poll Finds 100% Of People Who Are James Comey Believe James Comey Did Nothing Wrong, at babylonbee.com.

 

CARTOONS

from theburningplatform.com.

Political Cartoons by AF Branco

Political Cartoons by Pat Cross

Political Cartoons by Bob Gorrell

Political Cartoons by Al Goodwyn

 

Must Reads For The Week 8/18/19

Posted August 21, 2019 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

“The coordination of men’s activities through central planning or through voluntary cooperation are roads going in very different directions, the first to serfdom and poverty, the second to freedom and plenty.” – F. A. Hayek

 

THE GUN ISSUE

The Dangerous Urge To Do Something, by Judge Andrew Napolitano, at townhall.com.        Wanting the government to “do something” after a tragic situation, almost always leads to a “ready, fire, aim” government solution.

Here is an excerpt from the article:

“The government’s job is to preserve personal liberty. Does it do its job when it weakens personal liberty instead? Stated differently, how does confiscating weapons from the law-abiding conceivably reduce their access to madmen? When did madmen begin obeying gun laws?”

“The concept of a “red flag” law — which permits the confiscation of lawfully owned weapons from a person because of what the person might do — violates both the presumption of innocence and the due process requirement of proof of criminal behavior before liberty can be infringed.

The Republican proposal lowers the standard of proof to a preponderance of the evidence — “a more likely than not” standard. That was done because it is impossible to prove beyond a reasonable doubt that an event might happen. This is exactly why the might happen standard is unconstitutional and alien to our jurisprudence.

Red Flag Laws & Mass Shootings: Wrong Solution, by Thomas Massie and John Lott, nationalreview.com.       Remember the false accusations brought against Brett Kavanaugh? What about the false Trump Russia collusion accusations? When an issue becomes politicized, the rule of law goes out the window and the only rule is, win by any means necessary.

Since nothing is more politicized than your Second Amendment right to own arms in order to protect yourself against tyrannical government (not your right to hunt); Do you want the give anyone on the anti-gun left the power to take away your arms on a knowingly false accusation? A false accusation they pay no consequence for bringing?

Individuals in government are attempting to take away your Second Amendment right to keep and bear arms. As well as your Fifth Amendment rights of due process, the presumption of innocence, as well as taking property without compensation.

Does the fact that individuals in government are attempting to violate your rights, constitute tyrannical actions? Our Constitution is what protects the individual from the tyrannical actions that individuals wielding government power wish to place on us. This is the reason for the Second Amendment in the first place. Our founders understood that government will become tyrannical unless its power was constrained. And arming the people is a constraint on tyrants.

Excerpt from the article:

“While Trump emphasized mental health in last week’s speech about the Texas and Ohio shootings, red-flag laws are not specifically about mental illness. Indeed, only one state law even mentions the term. It’s about figuring out who is going to commit a crime (or suicide). This is the realm of science fiction, and is the theme of the Tom Cruise movie Minority Report. At least the Future Crime division in the movie had the help of psychics.”

“Everyone wants to stop mass public shooters. But we haven’t previously punished people on the basis of little more than a hunch, without any specific guidelines in place. Stopping “future crimes” didn’t work in the movies, and it doesn’t work in real life.

Armed Firefighter Stops Gunman At Missouri Walmart, at firefighternation.com.     Did you see this covered by the main stream media? Neither did I. A good guy with a gun stops a bad guy with a gun. When the $#!+ hits the fan, you are the first responder. Cops are second responders. The quicker a good guy with a gun can respond to an active shooter situation, fewer people will get killed or injured. Read (New FBI Data On Active Shooters Shows The Importance Of Armed Citizens, by David French at nationalreview.com.)

SCOTUS Is Considering Hearing This 2A Case…. Dem Senators Aren’t Happy, by Beth Baumann, at townhall.com.      Excerpt from the article:

“The Senators who signed alongside New York City include Sheldon Whitehouse (RI), Mazi Hirono (HI), Richard Blumenthal (CT), Dick Durbin (IL) and Kirsten Gillibrand (NY).”

“According to the group, the Supreme Court should not take up this case because the plaintiffs – gun rights advocates – are looking to “thwart gun safety legislation” and have the desire to “expand the Second Amendment.” The other argument they make: the Second Amendment and gun control is a political issue and the Supreme Court is supposed to be impartial, not a legislative body.”

“Democrats can argue that the Court shouldn’t get involved in political issues, but it’s the dumbest argument they can make. Pretty much every single case the Supreme Court hears is a political issue of some sort. There’s a question of Constitutionality that needs to be addressed. If there wasn’t, the Court wouldn’t get involved.”

“Gun control proponents, like these Senators, are backtracking because they’ve realized they put their foot in their mouth. They’ve realized this case is a big loser for them and it can actually harm their cause.”

 

ECON STUFF

The Rise Of Capitalism, by Ludwig von Mises, at mises.org.   Lets let the great von Mises explain. Here is an expert from the aricle:

“The precapitalistic system of production was restrictive. Its historical basis was military conquest. The victorious kings had given the land to their paladins. These aristocrats were lords in the literal meaning of the word, as they did not depend on the patronage of consumers buying or abstaining from buying on a market.”

“On the other hand, they themselves were the main customers of the processing industries, which, under the guild system, were organized on a corporative scheme. This scheme was opposed to innovation. It forbade deviation from the traditional methods of production. The number of people for whom there were jobs even in agriculture or in the arts and crafts was limited.”

“Under capitalism private property of the factors of production is a social function. The entrepreneurs, capitalists, and land owners are mandataries, as it were, of the consumers, and their mandate is revocable. In order to be rich, it is not sufficient to have once saved and accumulated capital. It is necessary to invest it again and again in those lines in which it best fills the wants of the consumers. The market process is a daily repeated plebiscite, and it ejects inevitably from the ranks of profitable people those who do not employ their property according to the orders given by the public. But business, the target of fanatical hatred on the part of all contemporary governments and self-styled intellectuals, acquires and preserves bigness only because it works for the masses. The plants that cater to the luxuries of the few never attain big size.”

“The shortcoming of 19th-century historians and politicians was that they failed to realize that the workers were the main consumers of the products of industry. In their view, the wage earner was a man toiling for the sole benefit of a parasitic leisure class. They labored under the delusion that the factories had impaired the lot of the manual workers. If they had paid any attention to statistics they would easily have discovered the fallaciousness of their opinion. Infant mortality dropped, the average length of life was prolonged, the population multiplied, and the average common man enjoyed amenities of which even the well-to-do of earlier ages did not dream.”

“However, this unprecedented enrichment of the masses was merely a by-product of the Industrial Revolution. Its main achievement was the transfer of economic supremacy from the owners of land to the totality of the population. The common man was no longer a drudge who had to be satisfied with the crumbs that fell from the tables of the rich.”

“There is a second important difference. In the political sphere, there is no means for an individual or a small group of individuals to disobey the will of the majority. But in the intellectual field private property makes rebellion possible.

The Triumph Of Socialism, by Lew Rockwell, at mises.org.    Excerpt from the article:

“A new BBC poll [reported November 2009] finds that only 11 percent of people questioned around the world — and 29,000 people were asked their opinions — think that free-market capitalism is a good thing. The rest believe in more government regulation.”

“That news must lift the heart of every would-be despot the world over. And it comes as something of a shock twenty years after the collapse of socialism in Russia and Eastern Europe revealed what this system had created: backward societies with citizens who lived short and miserable lives. Then there is the China case, a country rescued from bloody barbarism under communism and transformed into a modern and prosperous country by capitalism.”

“What can we learn? Far from not having learned anything, people have largely forgotten the experience and have developed a love for the ancient fairy tale that all things can be fixed through collectivism and central planning.”

“….. as Rothbard has forcefully argued, free-market capitalism serves no more than a symbolic purpose for the Republican Party and for conservatives. Economic liberty is the utopia that they keep promising to bring us, pending the higher priority of blowing up foreign peoples, jailing political dissidents, crushing the left wing on campus, and routing the Democrats.”

“Once all of this is done, they say, then they will get to the instituting of a free-market economic system. Of course, that day never arrives, and it is not supposed to. Capitalism serves the Republicans the way Communism served Stalin: a symbolic distraction to keep you hoping, voting, and coughing up money.”

“All of which leaves true capitalism — a product of the voluntary society and the sum total of all the exchanges and cooperative acts of people all over the world — with few actual intellectual defenders.”

AOC’s Top Aide Admits Green New Deal About The Economy, Not Climate, by Adam Shaw, at foxnews.com.    This is an admission of what we have known for decades. Socialist central planners have been using the environmental movement to push their collectivist ideas on the masses. They are green on the outside and red on the inside.

What Student Loans And Health Care Have In Common, by Nicholas C. Anderson, at mises.org.   When a third party pays there is no true price discovery.

Money Printing Can’t Replace Saving And Production As The Real Engine Of Economic Growth, by Frank Shostak, at mises.org.    Money printing is supposed to stimulate demand which in turn will lead to economic growth. But consumption doesn’t come before production. A specific something has to be produced before that specific something can be consumed. Production is the increase of wealth. Consumption is the destruction of wealth. Money facilitates the exchange of goods. Excerpt from the article: “money is not the means of payment but just the medium of the exchange. Payment is always done by means of goods and services.”

 

OTHER STUFF

You Should Totally Trust Our Elite Institutions …. Not, by Kurt Schlichter, at townhall.com.   Excerpt from the article:

“Basically, the best-case scenario here is that our government is unbelievably incompetent, not a particularly soothing thought. But the alternative is that it is corrupt and criminal in ways we can barely imagine. There’s an even less soothing thought. I can’t wait until these Einsteins take over my health care and are no longer restrained by the citizen veto of the guns we bitter normal people have, so far, wisely clung to.

The Road To Hell Is Paved With Virtue-Signaling, by Charles Hugh Smith, at oftwominds.com.    Excerpt from the article:

“Virtue-signaling goes hand in hand with the only “solution” that’s politically correct: throw a borrowed trillion dollars at the “problem”, dance the humba-humba around the bonfire at midnight and hope that magic will resolve the underlying issues.”

Hence the calls for Medicare for all, Universal Basic Income, and free college for all, all paid with borrowed money, despite the virtuous bleatings that “taxes on the rich/robots” will magically pay for trillions of additional dollars to be squandered on corrupt, self-serving cartels.”

Chinese Social Credit Score Prevents 2.5 Million “Discredited Entities” Buying Plane Tickets, at zerohedge.com. This could never happen here, could it?

(VIDEO) Hong Kong Protesters Sing US Anthem, With US Flags, Against Chinese Tyranny During Airport Occupation, at americanmilitaryews.com.   America is still the beacon of freedom for the rest of the world.

The Dream Team Loses To The Nobodies, by Victor Davis Hanson, at amgreatness.com.    Excerpt from the article:

“… the comical effort to destroy President Trump was a bad replay of the cultural cluelessness of a haughty Hillary Clinton in the last days of the 2016 campaign—the Ivy League prima donna, ensuring her “landslide” to come by futilely campaigning in Georgia and Arizona, fueled by the “analytics” of her whiz kids, while the orange, combed over, and uncouth Trump at her rear played the fox in her blue-wall henhouse. Was it Ivy League smarts to label roughly one-quarter of the country “deplorables” or to go to West Virginia to tell the impoverished they would have no more coal jobs?”

“There is always a civilizational elite of sorts, one based on merit, and it is often divorced from its counterfeit counterpart predicated on aristocracy, credentials, titles, and privilege. Real elites from all walks of life are rewarded for their singular achievement not for their empty reputations and media hype.”

“The last three years have been a painful relearning of that most obvious but forgotten truth that it is what we do rather than who we say we are that truly matters. That the lesson was lost on self-described egalitarians and social justice warriors is the most ironic lesson of all.

Cruz Unloads On The New York Times After Leaked Report Shows They Allegedly Planned To Push Trump-Racism Narrative, by Madison Dibble, at ijr.com.    More proof of main stream media bias. But we’ve known this for years.

Ignorant Liberals Need To Go Visit America, by Kurt Schlichter, at townhall.com.    Excerpt from the article:

“Locked up in their largely child-free urban playgrounds, our garbage elite is utterly unaware of the real America and of real Americans themselves. And it is dangerously unaware of – even actively hostile to – our true history. There are lessons there they need to learn as they continue to bully and provoke the mass of Americans who just wish to be left alone. Anyone who causally suggests confiscating millions of weapons from millions of American patriots and who has not walked through Lexington and Concord is a fool. And, sadly, our blue elite is full of fools.

UK PC Police “Draw The Line” – Ban Cream-Cheese & Car Ads Over ‘Gender Stereotypes‘, at zerohedge.com.   This could never happen here, could it?

El-Erian Admits The Era Of “De-Globalization” Is Here, at zerohedge.com.    Excerpt from the article:

“The U.S. economy is strong; however, the multinationals on Wall Street – invested overseas – are exposed. Thus there’s a disconnect and accompanying market volatility.”

“There is nothing that China and the EU can do to stop the de-globalization process: and efforts to stimulate their economy, more quantitative easing (pumping money) while the global supply chains are being shifted, are futile.”

President Trump has purposefully stalled the process of globalization, and is resetting global supply chains. This is bringing massive amounts of wealth back into the United States.”

Don’t Be Fooled, Omar and Tlaib Maliciously Set Up Israel Ban, by Katie Pavlich, at townhall.com.    These two are always in search of mischief. Especially when it comes to Israel.

Rep. Tlaib Rejects Israel’s New Offer To Visit West Bank, at zerohedge.com. She said she wanted to visit her grandmother. Israel called her bluff. She folded her cards. Israel raked in the chips.

How Important Is Today’s Racial Discrimination, by Walter E. Williams, at jewishworldreview.com.   Walter Williams dealt with real discrimination when he grew up. Read what he has to say about the subject.

 

SATIRICAL HEADLINES

Facial Recognition Software Mistook 1 in 5 California Lawmakers For Criminald, Says ACLU. So, They’re Saying It Works, Then? at daviddrakesplace.blogspot.com.

Bernie Sanders Arrives In Hong Kong To Lecture Protesters On How Good They Have It Under Communism, at babylonbee.com.

Report: King George Really Regretted Not Imposing Red Flag Laws On Deranged American Colonists, at babylonbee.com.

America Offers To Trade All Of Its Communists For Democratic Protesters In Hong Kong, at babylonbee.com.

God Demands America Remove ‘In God We Trust’ From Currency, at babylonbee.com.

Women Who Don’t Believe Israel Has Right To Exist Not Sure Why They Got Banned From Israel, at babylonbee.com.

Bill Clinton: Epstein’s Cause Of Death Depends On What Your Definition Of ‘Suicide’ Is, at babylonbee.com.

Shooter Walks Free As Police Tackle, Arrest AR-15, at babylonbee.com.

Biden Clarifies: ‘ I Like All Races, Even The Bad Ones’ , at babylonbee.com.

California Mandates Conversion Therapy For Straight Kids, at babylonbee.com.

 

CARTOONS

From theburningplatform.com.

 

Political Cartoons by Michael Ramirez

 

Political Cartoons by Chip Bok 

 

Political Cartoons by Chip Bok

 

Political Cartoons by Steve Kelley

Political Cartoons by Pat Cross

 

 

Must Reads For The Week 8/6/19

Posted August 7, 2019 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , , , , , , , , , ,

“The coordination of men’s activities through central planning or through voluntary cooperation are roads going in very different directions, the first to serfdom and poverty, the second to freedom and plenty.” – F. A. Hayek

 

PEOPLE ARE PUSHING BACK AGAINST THE RULING ELITE

Moscow Police Use Force To End Election Protest, Arrest 600, at politico.com.    Excerpt from the article: “Police cracked down hard on an unsanctioned demonstration in Moscow for a second weekend in a row, detaining about 600 people protesting the exclusion of some independent and opposition candidates from September city council elections.”

“The issue taps growing dissatisfaction with a political environment dominated by the Kremlin-aligned United Russia party, in which dissenting voices are marginalized, ignored or repressed.

Hong Kong Protesters, Police Clash As Demonstrations Target Chinese Traders, at reuters.com.    Excerpt from the article: “Sometimes violent, the protests have drawn in millions of people, with hundreds even storming the legislature on July 1 to oppose a now-suspended extradition bill that would have allowed criminal suspects in Hong Kong to be sent to China to face trial in courts under ruling Communist Party control.”

“Critics see the bill as a threat to Hong Kong’s rule of law. Chief Executive Carrie Lam this week said the bill was “dead” after having suspended it last month, but opponents vow to settle for nothing short of its formal withdrawal.”

Iranians Manage To Surf The Web Despite Tide Of Censorship, by Mehdi Fattahi, at apnews.com.    Excerpt from the article: “Before Nazilla Akbari can check out the latest offerings on Twitter or YouTube, she scrolls through an array of icons on her smartphone, searching for the right workaround to bypass state censors.”

“It’s a cat-and-mouse game that has become second nature in Iran, where the clerically-led government restricts access to popular social media sites and where U.S. sanctions create other barriers.”

“Every day I struggle for 40 minutes just to get connected to uncensored internet,” Akbari, a 30-year-old software developer, told The Associated Press. “Even after I do, the internet is so slow that I have difficulty even watching a short video.

Can Boris Turn A Hard Brexit Into A Tax Cut? by Alasdair Macleod, at mises.org. The people who voted for Brexit are going to win. UK bureaucrats who want to remain in the EU, and EU bureaucrats in Brussels don’t realize it yet but they have lost.

Our Ruling Elites Have No Idea How Much We Want To See Them All In Prison Jumpsuits, by Charles Hugh Smith, at oftwominds.com.    Excerpt from the article: “Our Ruling Elites have no idea how many of us already want to see them all in prison jumpsuits, and they also have no idea how fast the moral revulsion with their corrupt “leadership” might spread. Scanning the distracted, consumerist rabble from the great heights of their wealth and power, they reckon the capacity for moral outrage is limited, leaving them safe from any domestic crusade.”

“They also trust that the citizenry can be further fragmented, further distracted, and so they will continue to be invulnerable. Or worst case scenario, a few especially venal villains will need to be sacrificed, and then all will return to the bliss of Neofeudal exploitation.”

“But they may have misread the American citizenry, just as they’ve misread history.”

 

THE POLITICS OF GUN CONTROL

Media Focus On Mass Shootings Shows Disconnect From Actual Crime Trends, by Ryan McMaken, at mises.org.    Excerpt from the article: “…mass shootings are but a very small part of larger crime trends. And, the overall trend has been downward for decades.”

The Myth Of Political Inaction On Gun Control, by Tho Bishop, at mises.org. We don’t want one size fits all Federal laws related to guns. Let each state decide how it wants to deal with gun violence. The Roe v. Wade one size fits all decision didn’t solve anything. It just helped erode civility.

Excerpt from the article: “If half the country views the right to bear arms as a natural right that serves as a vital bulwark against government tyranny, and the other views it as an immoral defense of normalizing weapons of war, there is very little room for compromise. Instead, these political disagreements become a battle of the politically powerful vs. the politically vanquished, with the sides being determined every two years. Control over the senate or the judicial system becomes a matter of self-defense. The result is the saying of “politics as war through other means” taking on a very literal reading.”

Why Red Flag Laws Are Not A Good Solution To Mass Shootings, by Dana Loesch, at thefederalist.com.   Excerpt from the article: “The people who report your Twitter account and your Facebook pages because they dislike your opinion want you to trust a government-run system where people can, without serious penalty of law, report you and have your property confiscated before you’re allowed to defend yourself in court weeks, even months, later.”

“Politicians refer to law-abiding, gun-owning Americans as “domestic security threats,” yet want you to trust them with implementing such a system. I’m talking about red flag laws and the risk they pose to due process—you know, those other rights after the Second Amendment in the Constitution.”

Chicago Sees Most Violent Weekend Of The Year With 55 People Shot, by Tristan Justice, at thefederalist.com.   Why does the media ignore the 1600 shot this year in Chicago? The answer obvious?

The Dirty Secret About Gun Control In Latin America, by Jose Nino, at mises.org. Excerpt from the article:   “By just glancing at Latin America’s current gun policies, we see a region that is in desperate need of more pro-gun laws. Countries like Brazil, Mexico, and Venezuela offer lurid accounts of what happens when most of the population is effectively disarmed when facing real criminal threats.”

“Although the U.S. has work to do in restoring gun rights, Americans take their right to self-defense for granted when we look at other countries like Mexico, which have prohibitive gun restrictions in comparison.”

“Gun control laws only keep the law-abiding from defending themselves against criminals. If we’re being honest, these types of laws should be viewed as criminal empowerment schemes. No amount of virtue signaling, or demagoguery will change that.”

Mexicans Are Safer In El Paso Than In Mexico, by Ryan McMaken, at mises.org. The Mexican government has stated it may take action against the US because Mexican nationals weren’t protected in the recent shootings in El Paso. We know this is a political play.      Excerpt from the article: “…it’s hard to believe that Mexican politicians are truly indignant about the deaths of Mexican nationals in the US when Mexico’s homicide rate is nearly five times that of the US, and among the worst in the world. Moreover, Mexico’s homicide rate in 2017 rose to the highest level ever recorded, climbing to 24.8 per 100,000. Preliminary data suggests 2018 may be even worse.”

“More than 30,000 homicide investigations were opened in Mexico in 2017. In the US, which has 200 million more residents than Mexico, homicides total around 17,000.”

You Never Let A Serious Crisis Go To Waste.” at austrianaddict.com. I wrote this article in 2012 after the Sandy Hook shootings. Since then whenever there is a “mass” shooting in the US, this article always gets a lot of hits.

Always remember politicians, bureaucrats, lobbyists and activists operate in the political world. Politics is the lens through which they view everything. Lobbyists and activists are paid to influence politicians and bureaucrats who have the power of Government behind them enforcing their edicts. Because of this underlying reality, you should never trust what these people say or do, and always question their motives.

 

ENVIRONMENTAL STUFF

Plastic Bans: Imaginary Benefits, Real Costs, by Robert P. Murphy, at mises.org.   Excerpt from the article:     “The Canadian proposal to ban single-use plastics is yet another triumph of symbolism over substance: The measure will do virtually nothing to reduce plastic waste in the ocean and it won’t “help the economy.” However, what it will do, if enacted, is increase greenhouse gas emissions, increase the spread of disease, and greatly inconvenience consumers.”

Recycling: Wasting Resources While Claiming To Conserve Them, by Lee Friday, at mises.org.   Excerpt from the article:      “Profits tell us that a firm has taken various factors of production (labor, raw materials, land, buildings, machines etc.) and combined them to produce products that are valued by consumers, i.e., the products are worth more than the sum of their parts, which means these resources have not been wasted. In contrast, losses tell us that a firm has taken various factors of production and combined them to produce products that are worth less than the sum of their parts, which means these resources have been wasted!”

“Therefore, in order to determine the viability of a recycling enterprise, a free market firm must estimate the cost of committing resources (labor, trucks, machines, recycling plants, fuel etc.) to the task of collecting and processing recyclable materials. It must then estimate the revenue it expects to receive for its recycled products. If it believes the enterprise will be profitable, it will proceed. The firm will have decided that it is cheaper to make certain products from recycled materials than to make the same products from raw materials. In this way, resources in the ground are conserved.”

“However, if the firm does not believe the enterprise would be profitable, it will not proceed with recycling. But resources in the ground are still conserved, because a determination has been made that it is uneconomical to extract resources from the ground to build and maintain the trucks, plants, and machinery necessary for recycling.”

“This is the point constantly overlooked by the public when governments involve themselves in recycling. In our rush to conserve resources, we forget that resources are required for the task of recycling, and we just assume the government is doing the right thing. We must remember that the government operates outside the marketplace, and therefore does not concern itself with profits and losses. When it wants more revenue, it simply takes it from us. Thus, the government has little incentive to minimize costs, which means it has little incentive to conserve resources.”

Non-Renewable Resources Never Really Run Out, by Joakim Book, at mises.org.   Excerpt from the article:     “In 1944 the world’s amount of proven oil reserves were 51bn barrels of oil. In 2018 the world’s proven oil reserves were almost 1,500 bn (BP estimates 1,730bn), i.e., about thirty times that of 1944 — and this despite humanity’s pretty voracious appetite for oil during the seven-odd decades in between. Anyone immersed in the naïve resource depletion theory has to incredulously ask himself — how can this be?”

“Simply put: we found more of it.”

“Markets with well-defined property rights use prices and profit motives to guide the allocation of resources — including, in this case, the investment resources that go into prospecting for oil or digging up metals in the ground. Markets use prices to convey information about the present and future availability of raw materials — with innovation allowing us to find, extract, and use them more efficiently and substitution regulating our want for them.”

 

SATIRICAL HEADLINES

New Legislation Outlawing Violent Gun-Wielding Groups Accidentally Bans Federal Government, at babylonbee.com.

Study Shows Leading Cause Of Gun Violence Is Those You Disagree With Politically, at babylonbee.com.

‘Trump Is Being Influenced By The Russians!’ Screams Communist, at babylonbee.com.

Woke Polar Bear Apologizes For Being White, at babylonbee.com.

Experts Warn We Have Only 12 Years Left Until They Change The Timeline On Global Warming Again, at babylonbee.com.

Sure, Women Can Do Anything A Man Can Do, at daviddrakesplace.blogspot.com. This is funny. But, it also reveals a reality that many want to deny.

Apollo 11 Moon Landing – 50th Anniversary

Posted July 17, 2019 by austrianaddict
Categories: Hall of Fame, Miscellaneous

Tags: , , , ,

 

London, UK - November 15th 2018: The badge of the historic Apollo 11 moon landing, pictured over the flag of the United States of America.

I was twelve and a half years old when Neil Armstrong set foot on the moon. I was captivated by NASA’s (and our countries) quest to land a man on the moon. For a kid it was everything you dreamed of. It was an adventure to the edge of the unknown. There were great risks. And the astronauts were larger than life.

I don’t remember much about Project Mercury. But I remember getting interested in the space program during Project Gemini. I put together a model of the the Gemini space capsule. I watched and read as much as I could about all the Gemini missions.

Logo for the 50th anniversary of the moon landing

My interest was at it’s highest during the Apollo program. I put together models of the Saturn V rocket, the command module, and the lunar module. My brother and I went to the nearby park to get sand and used it to make a topographic moonscape of Apollo 11’s landing area on the ping pong table in our basement. (The local news paper printed a topographic map of the landing area on the front page). We did this for all the Apollo moon missions.

When Apollo 8 telecast live video (click here) of the Earth as they circled the moon on Christmas eve 1968, it revealed to me the reality of a moon landing that the men of NASA were attempting. It was amazing to see.

 

Every time I look at some of the videos of the space program it takes me back to that time. I feel the same emotions as I did when I saw it happen the first time.

Here are a few videos about Apollo 11 and NASA. The difficulty and the risk of attempting a moon landing is very clear in these videos. Today we in America are so risk averse, I doubt if we would ever try something this daring again.

 

FAILURE IS NOT AN OPTION (click here) is a video about the whole space program from Project Mercury through the Apollo Program. This might be the best documentary about NASA that I have seen.

 

THE JOURNEYS OF APOLLO (click here)  is about the Apollo project. This is outstanding.

 

LAUNCH OF APOLLO 11 (CBS COVERAGE) (click here). Watch how slowly the Saturn V lifts off the launching pad. How does it not tip over?

 

APOLLO 11 LANDING FROM PDI TO TOUCHDOWN (click here). This is a great video. It explains the Power Decent Initiative in the first 1:30 of the video. It then shows the Apollo 11 lunar landing (with explanations) from the window of the Lunar Module. It also has the audio of Armstrong, Aldrin and mission control. This is awesome!

 

APOLLO 11 FIRST STEPS ON THE MOON (click here). This is a video of Armstrong’s first steps on the moon. This video is taken from the window of the LM.

 

APOLLO 11 LUNAR LIFTOFF (click here). This video shows the LM lifting off from the moon. It is a video (plus audio) taken from the window of the LM.

 

If you want to see what the liftoff from the moon looks like from the ground, watch this video (click here) of Apollo 17 (the last moon landing in 1972) taking off from the moon. The video is taken from a camera mounted on the Lunar Rover. (This is not Apollo 11. This is Apollo 17 taking off from the lunar surface)

 

THE SATURN V ROCKET STORY (click here): One of the most incredible achievements of the Apollo project was the Saturn V rocket. If the Saturn V had not worked, the rest didn’t matter. There was no moon landing without this marvel of engineering.

 

These videos, and others that I’ve watched, take me back to a great period in my life. If you are old enough to remember when this happened I hope you enjoy these videos. If you are young, you probably won’t know what a slide rule is. But ask yourself; How did they do this without modern day technology? Amazing!

 

Some Econ Homework

Posted July 16, 2019 by austrianaddict
Categories: Econ. 101

Tags: , , , , , , , ,

Austrian Business Cycle Theory, Explained, by Murry N. Rothbard, at mises.org. This is a short explanation of the boom-bust cycle that is created by monetary intervention into the free market via bank credit expansion. Excerpt from the article:

…bank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary adjustment process by which the economy returns to the most efficient ways of satisfying consumer desires.

Keynesian Fake News In The Wall Street Journal, by Daniel J. Mitchell, at mises.org. Government spending will not stimulate the economy. Government can only spend what it takes from the private sector. There is only a transfer of how the private sector would allocate its production, to government politicians and bureaucrats who will allocate their newly confiscated production according to what they value. Government doesn’t produce anything that it can exchange for money. It can only confiscate private sector production. The transfer via taxes is a transfer of something for nothing. It is not only theft, it is a reduction of wealth.

Why Socialism Must Fail, by Hans Hermann Hoppe, at mises.org. Excerpt from the article:

Socialism and capitalism offer radically different solutions to the problem posed by scarcity: everybody can’t have everything they want when they want it, so how can we effectively decide who will own and control the resources we have? The chosen solution has profound implications. It can mean the difference between prosperity and impoverishment,

“The United States is not fully socialized, but already we see the disastrous effects of a politicized society as our own politicians continue to encroach on the rights of private property owners. All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services. And these are only tastes of life under total socialism.”

When Will The Stock Market Respond to 2016’s Liquidity Collapse? by Frank Shostak, at mises.org. Intervention into the free market via lower interest rates and an increase of the money supply leads to artificial booms and all to real busts. If the Fed is to keep the Stock Market from correcting the Feds previous monetary expansion, it has to lower interest rates.

Social Pressure vs. Consumer Preferences, by Joakim Book, at mises.org. Excerpt from the article:

“Indeed, on a more fundamental economic level, this is the logical conclusion of division of labor. Taking information from others is how we survive in large-scale complex market societies. This is easy to see when discussing a broken car or leaking pipes: you could probably learn how to fix those pipes yourself and develop your car mechanic skills to be able to repair the car, but it would likely take much more time, effort and money than you’re willing to part with — hiring a specialist makes economic sense. Similarly, you can think of relying on others’ tastes when it comes to music or food flavors or TV shows to be a trove of useful information, deflated appropriately by how much you tend to like what others like.”

What’s Up With The Obsession About Low Interest Rates, by Mark J. Perry, at carpediemblog. Excerpt from the article:

“Raising/lowering prices, wages, or interest rates can only benefit one half of the market (buyers or sellers, workers or employers, borrowers or savers, but not both) and those benefits come at the direct expense of the other half of the market (buyers/sellers, workers/employers, borrowers/savers). In other words, it’s is zero-sum outcome that redistributes gains and losses, but without any net gains, similar to the Keynesian stimulus fallacy illustrated below.”

So what’s with the obsession, especially the political obsession, with lower interest rates that are guaranteed to do great harm to savers while benefiting borrowers?”

“The answer must be that there’s a much greater political short-run payoff from lower interest rates than from higher interest rates. That is, borrowers (including corporations) must have a louder and more organized political influence than disorganized savers. In that case, aren’t lower interest rates a form of legal plunder and crony capitalism that allow borrowers to take advantage of savers enabled by easy monetary policy by the Fed?”