Must Reads For The Week 12/03/16

Posted December 3, 2016 by austrianaddict
Categories: Must Reads For The Week

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Dear Media: Please Stop Normalizing The Alt-Right, by David Harsanyi, at thefederalist.com. Why would the media cover a 150 person gathering of white nationalists and try to say this is who Trump voters are? Anyone who is for smaller government will be painted as a member of the Alt-Right. This is SOP by the mainstream media.

Fashion Designers Are Boycotting Melania Trump, Shouldn’t Bakers And Florists Have The Same Right?, by Stephanie Slade, at reason.com. Another example of do as I say not as I do. This is a property rights issue. I own what I produce. No one can force me to sell my property if I don’t want to.

After Trump University, Why Not Sue All Colleges? by Brian Joondeph, at americanthinker.com. This is a great Idea. Colleges don’t deliver the results they advertise. Students get out of college with huge student loan debt, and job prospects that won’t produce enough income to pay the loans back.

Failure: Obama Blew $150 Billion To Increase Renewable Energy By 1%, by John Hoft, at thegatewaypundit.com. Obama failed as a venture capitalist. Wind and solar are not viable sources of energy compared to low-cost fossil fuels, although they might be at some point in the future. But trying to make them viable by subsidizing them with billions of tax payer dollars wastes scarce resources that could be used in more productive activities. Economic forces always win.

USGS Announces Largest Oil And Gas Deposit Ever Assessed In U.S. by Rebecca Hersher, at npr.org. This is one of the reasons green energy isn’t a viable energy source. Fracking technology has made oil and natural gas less expensive. New technologies also allow us to find more oil and gas deposits. As long as carbon based fuel can produce more power at a lower cost than green energy, green energy will remain on the back burner. Economic forces always win.

July Makes It Official: Americans Buy More SUV/Crossovers Than Cars, by Timothy Cain, at thetruthaboutcars.com. As long as gasoline prices remain low people will purchase SUVs. Economic forces always prevail.

Heh: Dem Senator Suddenly Regrets The “Reid Rule” On Filibusters, by Guy Benson, at townhall.com. When the Democrats were in the majority they voted to take the filibuster away from the minority party. Now that they are in the minority they don’t think it is such a good idea. The Democrats are going to be hoisted on your own petard. Karma’s a bitch.

Students’ Reaction To Trump Win, “Suck It Up Pussies.” Police Are Investigating This Hate Crime, by Robby Soave, at reason.com. We live in a world that has gone insane. Time-outs, conflict resolution, participation trophies, not keeping score, etc have produced a generation of….., well there is no better way to say it, pussies.

Hungry Venezuelans Flee In Boats To Escape Economic Collapse, by Mark J. Perry, at Carpe Diem Blog. Do you ever wonder why people don’t flee free market countries for a better life in socialist paradises like Cuba? Neither do I.

Progressives Demand Gun Control After Knife Attack At Ohio State, by Bre Payton, at thefederalist.com. When the first “fake” news accounts came out and said there was an active shooter loose on the OSU Campus, political hacks couldn’t wait to condemn this most recent example of gun violence and ask for gun control. I later found out the perp drove his car into a crowd of people and then got out and started stabbing people with a knife before an OSU security cop shot and killed the perp. At first I laughed at how the political hacks jumped the gun (so to speak) on this story. But upon further analysis, I thought maybe, just maybe, these hacks actually didn’t like the fact that the cop used a gun on a guy who only had a knife. Maybe they thought the cop should have used a taser, a billy club or just wrapped his leather jacket around his arm and fought the guy like James Dean in the movies. The crazy thing is, some of these progressives might actually be thinking this.

Safe Driving Where The Deer And The Antelope Play, by Jerry Reynolds, at lewrockwell.com. It is the season for deer colliding with cars. Here are some tips to either avoid hitting a deer or surviving when you do.

 

What We’ve Done To Our Young People Could Be Considered Child Abuse

Posted December 1, 2016 by austrianaddict
Categories: Miscellaneous

Tags: , , , , ,

Mother scolds her son crying in the park

The recent reaction by many young people over the election of Trump tells us more about us than it tells us about them. We have not prepared this generation to live in the real world. We’ve done a poor job of teaching young people how to deal with adverse situations. In the real world you don’t always get your way. In the protective bubble world we’ve created for them they are protected from adverse conditions. Not allowing them to face everyday life situations has stunted their growth into adulthood. When you protect young people from reality, you produce unrealistic people.

This quote: “Each generation born is an invasion on society of little barbarians who must be civilized before it is too late,” tells us our most important job.

CHILDREN IN COLLEGE

In this article by Walter E. Williams titled, Trump And College Chaos, Dr Williams says: “Cornell University held a campus wide “cry-in”, with officials handing out tissues and hot chocolate…..The College Fix reported that “a dorm at University of Pennsylvania….hosted a post-election ‘Breathing Space’ for students stressed out by election results that included cuddling with cats and a puppy, coloring and crafting, and snacks such as tea and chocolate.”

The fact that things like this are happening on campuses is all the evidence needed for us to be indited on charges of child abuse.

Dr. Williams continues: “Whether you are a liberal of conservative, Democrat of Republican, you should be disturbed and frightened for the future of our nation based on the response of so many of our young people to an election outcome. We should also be disturbed by college administrators and professors who sanction the coddling of our youth. Here’s my question to you: does a person even belong in college if he cannot handle or tolerate differing opinions? My answer is no.”

Williams continues: “Many of today’s college students are not only academically incompetent but emotionally so, as well, and do not belong in college. These college snowflakes and their professors see themselves as our betters and morally superior to ordinary people. George Orwell was absolutely right  when he said, “There are notions so foolish that only an intellectual will believe them.”

JUST SAY NO

Here is a short video titled: Is Your Child Getting Enough Vitamin N, from Prager University.  This is exactly what we need to be doing for our kids today.

 

MANIPULATING CHILDREN ON CAMPUS

Victor Davis Hanson has an article titled: “The Progressive Disintegration”. It’s a little different look at the same problem. Here is an excerpt from the article:

“Start with the melting snowflake millennials, all those “cocksure women and hensure men,” …… have become used to throwing tantrums whenever they don’t like something or they feel “unsafe.” Most of them are spoiled brats, the pampered detritus of the middle class. But don’t forget the Alinskyite activists who manipulate these juveniles and bus them in on George Soros’ dime. These two-bit Leninists are adept at using “useful idiots” in order to further their aim of destroying America’s political and social order. They’re skilled at manipulating empty slogans like “income inequality,” “fair share,” “social justice,” “diversity,” “inclusion,” and all the other bumper-sticker bromides in order to consolidate and increase their power and influence.”

Millenials, look at yourselves. As Piers Morgan––no conservative he––said recently, “The tragic truth is that America’s millennials are a bunch of phone-addicted, selfie-obsessed, hashtagging, snapchatting, kale-munching, twerking, lazy, whining, ill-informed, politically correct, cossetted narcissists who find absolutely everything mortally offensive and believe there are 165 ways to sexually identify.” It follows that your politics are merely symbolic, expressions of your inflated self-regard, privileged life-style, and arrogant pretensions to sophistication and intelligence. Unsurprisingly, as Morgan points out, according to the National Institutes of Health, 40% of you think you should be promoted every two years despite performance, 77% of you can’t name a senator from your home state, and 80% of you think you’ll be richer than your parents, even as you pile up student debt earning junk “studies” degrees utterly useless for employment in the real world.

Millenials are not all like this. But there are enough of these squeaky wheels to make it seem as if they are a majority. I know many young people who would never act like this. They actually hate the fact that these snowflakes are the face of their generation.
The reason they turned out like this is because we have shirked our duty. Adults have to start doing their job of “civilizing these little barbarians”. Lets hope it isn’t too late.

Must Reads For The Week 11/26/16

Posted November 26, 2016 by austrianaddict
Categories: Must Reads For The Week

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Healthcare Stocks Are Crashing As The End Of Obamacare Looms, at zerohedge.com. The Republicans have said they want to repeal and replace Obamacare. The problem is if they replace it with their version of government mandated healthcare it will also be a failure. The only way to lower the cost of healthcare is to allow a free market to exist in healthcare and healthcare insurance. What are the chances of politicians allowing this to happen?

Landlords, Not Government, Should Police Airbnb, by Jared Mayer, at economics21.org. Government is always trying to prop up the status quo. Government bureaucrats and politicians don’t like the free market, no matter how much lip service they pay to it.

Car2Go To Suspend Twin Cities, at startribune.com. The car sharing app is suspending service because of government regulations. Another example of how anti free market government officials are.

Nebraska Strikes A Blow For Liberty; Bans Civil Asset Forfeiture, at redstate.com. More states have to take this action. Civil asset forfeiture is a violation of peoples fourth amendment rights.

Dallas Bankruptcy Threat, at economicpolicyjournal.com. It’s not just the Federal Government that makes poor economic decisions. Dallas hasn’t fully funded their police and fire pensions. The city is close to bankruptcy because it over promised and under delivered on these pension programs.

‘Feminist’ Snow-Plowing System Brings Stockholm To A Standstill, at heatst.com. Instead of using the tried and true methods that have worked for years, progressive politicians are sending snow plows to areas that are most used by women. Of course the unintended consequence is gridlock.

The Remarkably Coordinated Global War On Cash, at economicpolicyjournal.com. Government loves the idea of a cashless society. It’s all about control.

Trump’s Student Loan Plan Treats Symptoms, Not The Disease, by Blaine Conzatti, at mises.org. Here is an excerpt from the article: “In the face of increased demand for student loans, unless supply keeps pace with demand, prices will inevitably rise. Millions of students have become burdened with previously unimaginable levels of student loan debt needed to finance schooling that has been made artificially expensive by government intervention.” Trumps plan exchanges his government solution for the existing government solution that caused the existing problem. It is similar to healthcare. If you repeal Obamacare and replace it with another government solution, you are treating the symptom and not the problem. A market provides the only opportunity to have the highest quality healthcare at the lowest possible cost. The same is true if there was a student loan market.

Brexit Leader Nigel Farage Reacts To Trumps Victory

 

Nigel Farage Post Brexit Vote Address:

KEEP SPREADING THE WORD

The battle for freedom and liberty must be fought everyday. You never know how close you are to getting the big government barge stopped and turned around. In the U.S. a turning point was the rise of the tea party and liberty movements in response to Obamacare. It has taken four election cycles to get to where we are today. If we continue to teach people about the superiority of free markets and individual liberty, over socialism and central planning, who knows where we could be in the next four election cycles. Now is the time to push harder because big Government central planners won’t give up their power this easily.

CARTOONS

More from The Burning Platform (click here)

Political Cartoons by Bob Gorrell

Political Cartoons by Steve Kelley

Political Cartoons by Nate Beeler

Political Cartoons by Glenn McCoy

Political Cartoons by Henry Payne

Lessons From The First Thanksgiving

Posted November 23, 2016 by austrianaddict
Categories: Econ. 101, Miscellaneous

Tags: , , ,

Hand drawn Thanksgiving vintage card. Maple and oak leaves, branches and berries, pumpkin, indian corn, lettering

Richard Ebeling’s Thanksgiving article titled: Thanksgiving Was A Triumph Of Capitalism Over Collectivism, tells the real lesson of the first thanksgiving. The basic idea of government central planning whether it is called collectivism, socialism, communism, et al,  has been around forever. The evidence that collectivism doesn’t produce results that match the rhetoric has also been around forever. But somehow the lure of collectivist ideology still remains strong in spite of the evidence.

Here are some excerpts from the article.

“The English Puritans, who left Great Britain and sailed across the Atlantic on the Mayflower in 1620,……. wanted to erect a New Jerusalem that would not only be religiously devout, but be built on a new foundation of communal sharing and social altruism. Their goal was the communism of Plato’s Republic, in which all would work and share in common, knowing neither private property nor self-interested acquisitiveness……..Two years of communism in practice had left alive only a fraction of the original number of the Plymouth colonists.”

“What resulted is recorded in the journal of Governor William Bradford, the head of the colony. The colonists collectively cleared and worked land, but they brought forth neither the bountiful harvest they hoped for, nor did it create a spirit of shared and cheerful brotherhood
.”

“The less industrious members of the colony came late to their work in the fields, and were slow and easy in their labors. Knowing that they and their families were to receive an equal share of whatever the group produced, they saw little reason to be more diligent their efforts. The harder working among the colonists became resentful that their efforts would be redistributed to the more malingering members of the colony. Soon they, too, were coming late to work and were less energetic in the fields.

“Because of the disincentives and resentments that spread among the population, crops were sparse and the rationed equal shares from the collective harvest were not enough to ward off starvation and death.

Realizing that another season like those that had just passed would mean the extinction of the entire community, the elders of the colony decided to try something radically different: the introduction of private property rights and the right of the individual families to keep the fruits of their own labor.

The Plymouth Colony experienced a great bounty of food. Private ownership meant that there was now a close link between work and reward……..When the harvest time came, not only did many families produce enough for their own needs, but they had surpluses that they could freely exchange with their neighbors for mutual benefit and improvement.”

“Hard experience had taught the Plymouth colonists the fallacy and error in the ideas of that since the time of the ancient Greeks had promised paradise through collectivism rather than individualism.”

Was this realization that communism was incompatible with human nature and the prosperity of humanity to be despaired or be a cause for guilt? Not in Governor Bradford’s eyes. It was simply a matter of accepting that altruism and collectivism were inconsistent with the nature of man, and that human institutions should reflect the reality of man’s nature if he is to prosper.

If these sparsely populated settlements couldn’t make socialism work, how could our present day leaders think that trying to implement socialist policies (like Obamacare), incrementally to a population of 330 million possibly work? Politicians and bureaucrats are heavily invested in the ideology of centrally planning an economy. They will never give up this vision of how the world works, even though the lessons of history are their for all to see.

 

Related ArticleThe Real Thanksgiving Story, at austrianaddict.com.

Related ArticleThanksgiving Proclamations, at austrianaddict.com.

What I wrote last year seems even more appropriate this year.

Even though it seems we are in conflict about everything. Each of us should be thankful that we live in a country that protects our right to complain. We should be thankful our founding principles have led to the creation of a standard of living that other countries could only dream of.”

“We take our individual freedom and our countries wealth for granted, even though they are rare indeed when compared to other countries throughout the history of the world. Be Thankful!”

Must Reads For The Week 11/19/16

Posted November 19, 2016 by austrianaddict
Categories: Must Reads For The Week

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To Our Readers, From Publisher And Executive Editor Of The New York Times, at nytimes.com. This is all you need to know about the mainstream media. Here is an open letter to the readers of The New York Times from Arthur Sulzberger Jr. the publisher of the Times. This letter was published in the Times the Sunday after Trump was elected President. Sulzberger Jr. admits dishonest reporting by the Times. Here is an excerpt from the letter:

“As we reflect on the momentous result, and the months of reporting and polling that preceded it, we aim to rededicate ourselves to the fundamental mission of Times journalism. That is to report America and the world honestly, without fear or favor, striving always to understand and reflect all political perspectives and life experiences in the stories that we bring to you. It is also to hold power to account, impartially and unflinchingly. You can rely on The New York Times to bring the same fairness, the same level of scrutiny, the same independence to our coverage of the new president and his team.

If you say you are going to “rededicate” yourself to do a specific thing, doesn’t that mean you weren’t dedicated to doing that specific thing in the first place? This letter proves what growing numbers of people already know, and that is the mainstream media is biased toward big government central planning. Freedom of the press was supposed to check government power, not promote the increase of government power.

It’s good to know the Times has miraculously found the religion of honest reporting just as a Republican President is about to be sworn in. Does anyone think their reporting on Trump during his upcoming Presidency will be any different from how they reported on Trump during the Presidential campaign?

The MSM has lost all credibility.

Mainstream Media Goes Full McCarthyite, by Hunter Lewis, at mises.org. Excerpt from the article: “Senator Joe McCarthy perfected the technique in the United States: whenever you disagree with anybody, don’t debate ideas, go right into name calling. In McCarthy’s day, the epithet of choice was  “Communist.”  In recent years, it has morphed into  “racist, sexist, homophobe, latinophobe, Islamophobe, xenophobe etc., etc“. If you want smaller government you are a racist, sexist, bigoted, homophobe……….

Who’s Behind The Portland Riots? 60% Of Arrested Anti-Trump Protesters Were From Out Of State, Didn’t Vote, at zerohedge.com. All these rent a mob riots are happening in cities that are controlled by Democrats. Which means I don’t care.

Soros And Liberal Mega-Donors Plot For War With Donald Trump, at zerohedge.com. Should we believe anything we read in the MSM about Trump?

Ryan Slams Brakes On Vote To Bring Back Earmarks, at cnn.com. This article is why I really don’t want to defend Trump and the Republican party. There are a bunch of status quo elites in the Republican party who want  government to grow. This vote was postponed, which means it probably will be brought up again. We have to hold their feet to the fire.

Profs, Students Want UVA President To Stop Quoting Jefferson: It Creates A Hostile Environment, by Robbie Soave, at reason.com. Two points. 1) Do they know Jefferson  founded the University of Virginia? 2) How is their inability to handle opposing views our problem? Isn’t it their problem?

GM Slashes 2000 Jobs, Suspends 3rd Shift On Bloated Inventories, Slowing Sales, at zerohedge.com. And in an unrelated story: A Record 25% Of Used Car Trade-Ins Are Under Water, at zerohedge.com. Using sub prime loans to stimulate demand doesn’t end well. Look at the housing bubble. As false signals are sent to car manufactures, they ramp up production to meet the false demand. When the bubble pops, jobs and hours are cut. The increased inventory has to be sold off before production is ramped up again. The coordination between production and consumption that happens naturally in a free market is distorted in a hampered market. Scarce resources, time, labor, and capital are wasted in the hampered market. In a free market this waste is kept to a minimum.

Four States Vote To Punish Low-Skilled Workers With Minimum Wage Hikes, by Ryan McMaken, at mises.org. How many ties do we have to show the folly of minimum wage laws? Here is an excerpt from the article: “..the only way to sustainably increase the wages of workers is to increase their productivity. If a worker’s wages are to go up, there must either be an increase in the demand for that worker’s services, or the worker must be able to produce more in less time.” This is a great article.

Cartoons

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Image result for Conservative political cartoons about 2016 presidential election hillary vs. Trump

The Election Is Over! What Happens Now?

Posted November 17, 2016 by austrianaddict
Categories: Government and Politics

Tags: , , , , , , , , ,

United States of America elections 2016 word cloud

Now that the dust has settled, or is settling, after the presidential election, lets look into the crystal ball and see what the future brings.

FOUR THINGS THAT WILL HAPPEN

1) We will see a true opposition party to the party in power. The democrat party will use every parliamentary tool available to them, in the House and Senate, to stop everything the majority party, lead by Trump, wants to pass. They will also use every political and rhetorical trick (lying) for the same purpose. There is nothing wrong with this. The  minority party is supposed to be a check on the power of the majority party.

The Republicans should take notes on what the Democrats will do, because they certainly didn’t use their power and political rhetoric to thwart the agenda of Obama and the Democrats the last eight years.

2) The leaders in the Democrat party will do everything politically and rhetorically to chip away at the Trump Presidency. Even though they may talk about the parties coming together, they don’t mean it. How can a party lead by people who want to centrally plan every aspect of peoples lives, agree with people who want to cut the size and power of government? Government gives central planners their power. These planners don’t want that power taken away. Of course I’m assuming that the Republicans want to cut the size and scope and government. We all know that there many big government Republicans. Many of Trumps stated policies will expand government power and the debt. In fact some of these policies will not work because they disregard the laws of economics. But more on this some other time.

3) Being anti-war will be back in vogue. Where has code pink been for the last eight years? Obama has intervened in Egypt, Libya, and Syria. He has ordered 10 times more drone strikes than Bush. We are still in Afghanistan. Gitmo remains open. Where have the protesters been? Or are these groups purely political?

4) Investigative journalism will make a come back. After taking an eight year break, the main stream media will again start doing their job of being a check on government power and corruption. They will do this because their vision of the world doesn’t coincide with the party in power, not because of some new found fidelity to their job. I wish the MSM would treat every President, Senator, Congressman, and bureaucrat like they treat Republican Presidents. If you thought they hammered Trump during the election, you haven’t seen anything yet.

WILL IT WORK?

One of the most important things that has happened because of this election is the MSM has cut it’s own throat. This election has pulled back the curtain on the MSM. People have finally witnessed what they thought was true all these years. The MSM has discredited itself in the minds of enough people, that no one trusts them. The propaganda they use to advance their world view doesn’t have the effect that it used to, because they don’t have a monopoly on information anymore. The marginal straw has finally broken the camels back when it comes people trusting the MSM. And that’s a good thing.

Keeping government power in check is the job of the opposition party, the press, and the people. Unfortunately this doesn’t happen when the Democrats are in power. Why? Because the MSM is biased toward the world view of the Democratic party, people are too busy with the daily grind to stay informed, and the Republicans are too afraid of the media and the Democrats to mount any real opposition. Presidents, Senators, and Congressmen of both parties should be treated like the MSM treats Republicans. People not trusting people in positions of power is a good thing for individual liberty.

 OBAMA HAS CREATED MORE REPUBLICANS THAN THE GOP HAS CREATED

At the start of the Obama presidency the Democrat party had 57 Senators plus two Independent Senators caucusing with Democrats. The Republicans had 41. Democrats had 255 congressmen. The Republicans had 179. Democrats had a lock on all three branches of government. Democrats also had 29 Governors. The Republicans had 21. Democrats had control of 27 State legislatures. Republicans had control of 14, with 8 split.

As Obama tried to push through the Affordable Care Act (what an oxymoron), tea party and liberty groups started to organize politically. After the last 4 election cycles, 2010, 2012. 2014, and 2016, we are seeing the fruits of their labor. Here is how the score card reads now. The Republican party now controls the Presidency, 52 Senate seats, 239 house seats, and 34 Governorships. The Republicans control both the senate and house in 32 states, 3 states are split (read here).

Candidates who want smaller government have been beating establishment Republicans in primary elections since 2010. The Republican party is slowly turning more libertarian in its thinking. What’s left of the old establishment Republicans will eventually loose in a primary or retire. Their replacement will be a more liberty minded candidate. Purging the Republican party of leaders who think solutions come from big government takes time.

The Democrats can blame their losses on Obama and themselves. Obama pushed his big government central planning agenda (namely the Affordable Care Act) and the Democrats helped get it passed. They are now reaping their just rewards.

CONCLUSION

We know the Democrats and the main stream media will oppose Trump and the Republican majority in congress. It is our job as followers of Austrian economics to oppose Trump and the Republicans when they try to pass legislation that expands the size and power of Government. We don’t want Republicans to “get something done” if that “something” goes against the laws of economics, takes away individual liberty, and increases the power of Government.

Must Reads For The Week 11/12/16

Posted November 12, 2016 by austrianaddict
Categories: Must Reads For The Week

Tags: , , , , , , , ,

 

ELECTION COMMENTS

People didn’t vote for Trump, they voted against the status quo elites in Washington. Hillary was the perfect embodiment of the status quo elite ruling class. Here are a few reasons people voted against the elite. 1) In the words of the Reverend Wright, the Obamacare chickens came home to roost at the wrong time as healthcare premiums went through the roof. 2) Our ruling aristocracy could break the law and suffer no consequences, while we get dinged $90 for not wearing a seat belt. 3) People didn’t like the regulations passed by politicians and bureaucrats, that encroached into every aspect of their lives. 4) The condescending attitude toward the middle class by biased media elites finally pissed enough people off.

People were motivated to go out and vote against the status quo, and deal with Trump later. They were willing to take a chance on rolling a hard eight, because the knew they were going to crap if they voted for Hillary.

ELECTION ANALYSIS

The Source Of Our Rage: The Ruling Elites Are Protected From The Consequences Of It’s Dominance, by Charles Hugh Smith, at oftwominds.com. Excerpt from the article, “There are very few opportunities for powerless non-elites to register their disapproval of the nation’s Ruling elite and the corrupt status quo. Voting for an outsider in a national election is one such rare opportunity.

The Intelligentsia Takes A Hit,, by Peter Klein, at mises.org. Excerpt from the article: “…there is an important silver lining to this year’s election season. Public skepticism of the establishment media, think-tanks, academics, and other members of the intelligentsia is at an all-time high.”

Surprise, Surprise, The Disconnected Plutocrat Lost, by Victor Davis Hanson, at victorhanson.com. Excerpt from the article: “Clinton in the last weeks talked of the electorate as if it was a faceless hyphenated Borg – Latinos this, African Americans that, the gay vote, women voters – without any realization that she was referring to millions of Americans by their appearance rather than their essence as unique individuals. In normal times, all that pandering would have been seen as illiberal.

The Jig Is Up: America’s Voters Just Fired Their Ruling Elite, by David Stockman, at zerohedge.com. Excerpt from the article: “America’s voters fired their ruling elites last night. After 30 years of arrogant misrule and wantonly planting the seeds of economic and financial ruin throughout Flyover America, the Wall Street/Washington establishment and its mainstream media tools have been repudiated like never before in modern history. During the course of the past year, upwards of 70 million citizens – 59 million for Trump and 13 million for Bernie Sanders – have voted for dramatic change.

Who Lost: A Biased Media, Pundits, Pollsters, Political Parties, Warmongers, The Corporatocracy, Pay To Play Grifters, Neoliberals, by Charles Hugh Smith, at oftwominds.com. Excerpt from the article: “The punditry applied a double standard to Trump and Hillary. Trump’s speeches and ethically questionable history were judged by moral standards, and he was declared unfit. Hillary’s actions, on the other hand, were judged by strictly legalistic standards: well, you can’t indict her, so she’s fit for office. Dear Punditry: you can’t use double standards to promote your biases and retain any shred of credibility.”

The Unenviable Next President, by Victor Davis Hanson, at victorhanson.com. Excerpt from the article: “The next president will be facing economic stagnation, record debt, racial division, looming large and ongoing small wars abroad, and a health care system in ruins. Common to all these problems is that tough solutions – fiscal discipline, recalibrating the tax code, restoration of deterrence, and a new health insurance model – will be as controversial and painful as is the current unsustainable slide into chaos.

Five Things Trump’s Surprise Victory Should Teach The Media, by Gracy Olmstead, at thefederalist.com. Excerpt from the article: “Media that speak only to themselves are not only useless – they’re depressing. They’ve lost sight of any truth but their own, and in the process, have lost the trust of those who formerly turned to them for information and insight.”

Hillary Spent Nearly Twice As Much Per Vote As Trump – For Nothing, at zerohedge.com. So much for the theory that big money buys elections.

Five States Passed Ballot Measures For The Unemployment Causing Minimum Wage Regulation, at economicpolicyjournal.com. CA, NV, AZ, MA, ME, all passed minimum wage issues. All these states voted for Hillary.

San Francisco Passed Soda Tax, at econolmicpolicyjournal.com. How could anyone live in this nanny state.

Trump’s Opening Act: A Trillion Dollar Infrastructure Spending, at economicpolicyjournal.com. Don’t do this. It is a waste of scarce resources. Read – Infrastructure Spending Doesn’t Grow The Economy, at mises.org.

SOME FUN

There Are The Celebrities Who Vowed To Leave America If Trump Wins, at zerohedge.com. The question is will Canada accept these luminaries? For that answer, Read here, Meanwhile, From Canada.

Yale Professor Cancels Exam For Snowflake Students Distraught At Election Results, at theburningplatform.com. We have raised a generation which can’t handle not getting their way. Maybe we should give them a participation trophy.

A Few Cold Hard Facts For Snowflakes, at theburningplatform.com. This article comes with a trigger warning. If you are a p#$$% don’t read this.