Must Reads For The Week 10/13/18

Posted October 15, 2018 by austrianaddict
Categories: Must Reads For The Week

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New FCC Ruling Gives The Government Control Over 5G Internet Rollout, at zerohedge.com. Excerpt from the article: “The rollout of 5G is expected to herald the beginning of Smart Cities, where driverless cars, pollution sensors, cell phones, traffic lights, and thousands of other devices interact….This push towards ‘Smart’ Surveillance cities has the FCC approving a new rule limiting the power of local authorities.” This means the Federal Government has the ability to use 5G for its own purposes.

Google’s Secret Scheme To Censor The Internet, at lewrockwell.com. Who decides what are abhorrent or radical views? My mom told me sticks and stones may break by bones but names will never hurt me.

Facebook Stifles Ads For Film On Abortion Monster Kermit Gosnell, by Rich Cromwell, at thefederalist.com. There has to be push back from the left against anything that tells or shows the truth about abortion. They know they aren’t holding the winning hand. Here is another article.  ‘Gosnell’ Censors Don’t Want You To See A Crime Drama About Abortion, by Holly Scheer, at thefederalist.com.

Google Employees Quit Over Controversial China Search Engine Project, Report Says, by Chris Ciaccia, at foxnews.com. Google would never do anything like this in the US…Would they?  Google is helping China develop the search engine app called Dragonfly. It will help the Chinese government not only censor people, It will help ferret out individuals who are “enemies” of the state. China has a way of taking care of people who speak out against the communist regime.   Google Lied About “Dragonfly” China Censorship Project According To Leaked Transcript, at zerohedge.com.

A $240 Gallon Gas Tax To Fight Global Warming? New UN Report Suggests Carbon Pricing, by Michael Bastasch, at dailycaller.com. CO2 is not a pollutant. You don’t have to be a “scientist” to know this fact. Global warming is being used by politicians and tyrants (is there a difference) to control individuals, increase the amount of money taken by government and make certain people wealthy. It has nothing to do with saving the planet.

WTI Slumps To 2-Week Lows After Biggest Crude Build In 20 Months, at zerohedge.com. When I see an article lamenting the falling price of oil. I have to ask: Why is a lower price for oil a bad thing? The price is neither bad or good in and of itself. Of course producers want to be able to sell oil at as high a price as possible. And Consumers want to purchase oil at as low a price as possible. Prices send signals through the oil market to producers and consumers. A high price incentivizes producers to supply more oil while at the same time it creates an incentive for consumers to consume less. Lower prices do just the opposite. Prices are how scarce resources are rationed in a free market. No Government central planning board could  possibly do this job as efficiently as prices accomplish this task in a market.

$15 Minimum Wage Disrupts NYC’s Car Wash Industry Leading To closings, Automation, Job Losses And Black Market Lawbreakers, by Mark J. Perry, at carpediemblog. Minimum wage laws are price controls on labor. Free market prices  ration the scarce resource of labor to it’s most productive use. Interference in the pricing system distorts labor markets. Business closings, job losses, automation and black markets are the unintended consequences of interfering in the price of labor.

Yes Inequality Is A Problem – When Caused By The Government, by Ryan McMaken, at mises.org. Excerpt from the article: “Government regulation as a means of increasing inequality has a long history. Historically, favoring some groups over others via government regulation has been called mercantilism, corporatism, crony capitalism, and other names. These regulations included government restrictions on trade, government corporations founded to exercise monopolies, private firms receiving subsidies, government restrictions on private businesses, and money printing. The effect of all of these policies has always been to increase the wealth and privilege of some groups at the expense of others.

80% Of Americans Think Political Correctness Is A National Problem, by Joy Pullmann, at the federalist.com. Excerpt from the article: “Contrary to a common cultural narrative, the poll finds large majorities of Americans of all ages, income levels, and racial backgrounds oppose political correctness, even while 82 percent also think “hate speech” is a problem. This may suggest Americans believe thought and speech censorship is not the best way to address rude and discriminatory behavior.”

UK University Bans Clapping At Performances To Avoid Triggering Students With Anxiety, at zerohedge.com. Should I have put this in the Satirical Headlines section?

Watch: “Street Anarchy” As Antifa Attacks Portland Drivers That Don’t Obey, at zerohedge.com. Resorting to intimidation and violence is how the left eventually gets its way after they fail in elections and through the courts.

Snowflake Denied, at theburningplatform.com. This is great. A punch thrown by an Antifa protester is literally caught by a counter protester.

Hate Crime Hoax: Ohio University Student Charged After Claiming She Received Death Threats. She Sent Them To Herself, by Ashe Schow, at dailywire.com. People will do crazy things for their vision of the world.

Most Of America Is NOT Participating In The Hysterical Rage You See On The News, at zerohedge.com. Because of the news coverage we might think that the country is going crazy. It isn’t. Most people can’t relate to people acting this way.

Kavanaugh Casualties: The Left, Never Trumpers, #MeToo, by Victor Davis Hanson, at nationalreview.com. There are consequences of the attack on Kavanaugh are far reaching. Another great article by VDH. Excerpts from the article: “The new progressives recently have come to believe that they gain traction by the theater of disrupting senate hearings, cornering senators in elevators, stalking them on the way to work, doxing their opponents on the Internet, ane during the hearings throwing out the concept of due process. Any means is deemed permissible to enact visions of social justice, given legislative and executive power is lost for not – and as if proverbially ordinary Americans who watched the televised circus might applaud the performers………And if here was any stereotypical lesson to be had, it was that many on the senatorial panel and the legions of advisers and lawyers on the Ford Team, as well as Ford herself, by their class, education, and comportment, increasingly seem quite different, quite more privileged, and quite more well-absorbed than most average Americans of all backgrounds who have little sympathy for the psychodramas of a pampered and professional class.”

Is Cultural Marxism America’s New Mainline Ideology? by Antony Mueller, at mises.org. Excerpt from the article: “Another name for the neo-Marxism of increasing popularity in the United States is cultural Marxism. This theory says that the driving force behind the socialist revolution in no the proletariat – but the intellectuals. While Marxism has largely disappeared from the workers’ movement, Marxist theory flourishes today in cultural institutions, in the academic world, and in the mass media……the Marxist concept of the “proletariat” as a revolutionary force was an illusion. At the example of the Soviet Union, one could also see that socialism could not function without a dictatorship. These considerations brought the leading Marxist thinkers to the conclusion that a different strategy would be required to establish socialism. Communist authors spread the insight that the socialist dictatorship must come in disguise. Before socialism can succeed, the existing culture must change. Control of the culture must precede political control.”

“Because of the character of this movement as a promoter of group conflict, neo-Marxism is ineffectual to serve as an instrument of gaining coherent political power as it were necessary for a dictatorship. Yet this does not mean the the neo-Marxist movement has o impact. On the contrary: because of its inherent contradictions, the ideology of cultural Marxism is the main source of the profound confusion that has grabbed almost every segment of the modern Western societies and which is about to swell into even more dangerous proportions.

SATIRICAL HEADLINES

Death Toll From Kavanaugh’s First Week On Supreme Court Tops 330 Million, at babylonbee.com.

Ocasio-Cortez: ‘We Need to Study Harder Than Republicans For These Upcoming Midterms‘, at babylonbee.com.

To Make Up For Extra Difficult Confirmation Process, Kavanaugh Awarded Two Votes On Supreme Court, at babylonbee.com.

New Polls Increases Fears That Midterm Elections Will Be won By Wave Of Politicians, at theonion.com.

NFL Urges Pass Rushers To Try Reaching Peaceful Resolution with Quarterbacks Before Resorting To Tackling, at theonion.com.

CARTOONS

From therightreasons.net.

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Julian Assange Wikileaks vs. Mark Zuckerberg Facebook

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Must Reads For The Week 10/7/18

Posted October 7, 2018 by austrianaddict
Categories: Must Reads For The Week

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ECONOMICS

Fed Chair Powell Hints He May Soon Crash The Market, at zerohedge.com. The Fed created the housing bubble with its printed money and below market interest rates. When their bubble crashed, their cure was the same medicine that caused the problem in the first place (pump more money into the system and zero percent interest rates).  The cure for a crash is to allow interest rates to be set by the market and quit printing money. Let the correction (recession) take place. Their policies didn’t allow the liquidation of the bubble activities to take place. Now they are attempting to slowly get rid of the accumulated bubble activities through incremental interest rate increases. They are walking a high wire and their safety net is to blame Trump for any crash. Read here: The Fed’s QE Unwind Reaches $285 Billion, at zerohedge.com.

US Gross National Debt Soars $1.27 Trillion In Fiscal 2018 hits $21.5 Trillion, at zerohedge.com. It doesn’t matter if the D’s or the R’s have control of the purse strings. The debt keeps going up. But the Federal Government couldn’t accumulate this amount of debt unless The Federal Reserve printed money to purchase US bonds. How can this possibly be paid back?

Mall Vacancies Hit 7 Year High As Rents Plunge, at zerohedge.com. Using printed money and low-interest rates caused too many Malls to be built. This is an example of a bubble activity. The laws of economics are trying to liquidate the malls which are not profitable. Will the Fed allow it to happen?

Austrians vs. Market Monetarists On The Housing Bubble, by Robert Murphy, at mises.org. Great article explaining how monetary pumping through artificially low-interest rates creates unsustainable bubbles that ultimately crash.

Silicon Valley Socialism, by Peter Klein, at mises.org.  Excerpt from the article: “Libertarians oppose regulation, but also oppose censorship and politically correct culling of opinion. Silicon Valley used to be a hotbed of libertarian thought, a place where innovation mattered more than government. Today, companies like Twitter and Facebook serve as de facto editors, banning users like Alex Jones for “wrong-think.” Google dominates search, but may steer search results. And Amazon serves nefarious clients like the NSA with its cloud infrastructure. And all of them employ plenty of lobbyists to avoid the kind of government anti-trust suit Microsoft faced nearly 20 years ago.

Surge In New York City Taxi Driver Suicides Has The City Talking, at zerohedge.com. Taxi driver suicides are up because the drivers purchase price of their taxi medallions has collapsed. Uber and Lyft are getting blamed for driving down the value of these medallions. But the reason the price of the medallions were so high in the first place is because NYC government put a limit on the number of medallions. Limiting the supply drove up the price of these medallions. The Government created a medallion bubble. If the free market would have been allowed to coordinate the supply of cabs with the demand of the riders there would be no suicide problem for taxi drivers. There would be no such thing as taxi medallions in the first place. Now Government wants to step in and help. How do you think that will work out?

Economics Everywhere, Politics Nowhere: Switzerland’s Six Pointers Towards Hope For Western Civilization, by Hunter Hastings, at centerforindividualism.org. Maybe we should look at Switzerland’s success as an example of what individual freedom, decentralized government, and free markets produce. Instead of looking at countries like Venezuela to see what socialism produces.

LEGAL &  POLITICAL STUFF

Democratic Staffer For Shelia Jackson Lee Arrested In GOP Doxing, zerohedge.com. An intern for Rep. Shelia Jackson Lee was arrested for releasing private and identifying information, including home addresses and phone numbers, of several Republican Senators on Wikipedia. He wanted them to be harassed for supporting Justice Kavanaugh appointment.

Blasey Ford’s FBI “Polygraph” Buddy Pressured Women From Mystery Groping Party To Change Story, at zerohedge.com. Was she trying to suborn perjury to get someone to corroborate Blasey Fords story?

Hordes Of Bussed-In Protesters Prepare For DC Disruption Ahead Of Kavanaugh Confirmation, at zerohedge.com. They don’t like being called a “rent a mob’. But if the shoe fits.

Make Them Scared’ Website Posts Uncorroborated Sexual Assault Claims Against Male Students, by Daniel Payne, at thecollegefix.com. People will do anything to advance their vision.

Writer From Colbert Show Reveals Left Wing Truth, at theburningplatform.com. Writer from Colbert show tweets: “Whatever happens, I’m just glad we ruined Brett Kavanaugh’s life.”

Creating A Suspect Society: The Scary Side Of The Technological Police State, by John Whitehead, at rutherford.org. The government has access to massive amounts of information on it’s citizens. We should all be concerned about this. Government bureaucrats can and will use this against you if it is necessary to advance their vision.

How A 1965 Supreme Court Ruling Explains The Partisan Battle Over Kavanaugh’s Confirmation, by Ira Stoll, at reason.com. Excerpt from the article: “One way to look at the situation of Brett Kavanaugh, the Supreme Court nominee awaiting a Senate vote, is as only the latest episode in the long story of Griswold v. Connecticut.”

HUMOR

Democrats Shudder At Idea Of Having To Legislate Through Congress Should Supreme Court Lean Right, at babylonbee.com.

Kamala Harris; “We Would Apply The Same Fair Standards To Any SCOTUS Nominee Whose Life We Were Trying To Destroy“, at babylonbee.com.

Senate On Lockdown After Receiving Credible Threat From Known Killers, at babylonbee.com.

 

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Political Cartoons by Michael Ramirez

Political Cartoons by Michael Ramirez

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Must Reads For The Week 9/29/18

Posted September 30, 2018 by austrianaddict
Categories: Must Reads For The Week

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10 Red Flags About Sexual Assault claims, From An Employment Lawyer, by Adam Mill, at thefederalist.com. For those following the Kavanaugh circus. Weigh what you’ve seen against the 10 points in this article. What do you think?

Feminists Rage Over Latest Injustice: Sexist iPhones, at zerohedge.com. Feminist think that apple is sexist because it created an iphone that is too big for a woman’s hand. It can also cause “repetitive strain injury”. And feminists have told us there is no difference between men and women? Maybe they need to rethink their premise?

Historic GOP Win In State Senate Race Dampens Democratic Hopes For A ‘Blue wave’ In Texas, at dallasnews.com. Dems in Texas lose a State Senate seat they had held for 139 years. Hmmm.

Political Turmoil Truths: Media Bias & Trump’s Presidency, by Victor Davis Hanson, at nationalreview.com. Great analysis of Trump and the resistance. Excerpt from the article:  “First, those in power had never imagined that Donald Trump either could or should win the 2016 election.”

“That reality emboldened federal employees to take risks and step over the line in efforts to ensure that Trump would be humiliated at the polls. Officials assumed that incoming President Hillary Clinton would either overlook or reward their zealotry.

“……” both the Democratic and Republican establishments, as well as the proverbial “deep state” bureaucracy, agreed that President Trump was so crude and uncouth that he must not continue in office.

“….if Trump could not be removed by impeachment, a lawsuit citing the emoluments clause of the Constitution, application of the 25th Amendment, indictment or forced resignation, then the only remaining mechanisms of aborting his presidency were either through the courts or by winning the midterm elections to facilitate impeachment and a trial in the Senate in 2019.”

“Democrats had assumed that Republicans were on the defensive against boilerplate charges of sexism, racism, homophobia, and nativism. Republican functionaries in Congress and within the Washington bureaucracy and punditocracy had grown apologetic and complacent.”

“Republican politicos had more or less accepted the fact that, while successful at the local and state level, Republicans couldn’t win back the presidency — and that they should live with it and indeed find ways to thrive nobly as the “out” party.”

“In contrast, Trump’s raison d’être is to fight tooth and nail against a biased media, Democratic opponents, Never Trump Republicans, and the proverbial deep state. Had he just taken their blows, remained stoic, and not thrashed back, the national scene would now be mostly quiet.

“The day’s blaring headlines, of course, differ in details. But the common themes behind the headlines are that Trump should never have been president, that he is an inexplicably successful ogre, and that he won’t shut up – and therefore he must be forced to go away by any means necessary.”

The Latest On Socialism In Action: 5 Million Fleeing, No Toilet Paper, and 1,000,000% Hyperinflation, at economicpolicyjournal.com. No comment necessary.

Socialism Worked In Venezuela, by Richard M. Salsman, aier.org. Maybe socialism  works exactly as it’s proponents have intended it to work. Excerpt from the article:

“Conservatives seem to blithely presume that socialists intend to deliver liberty, prosperity, and peace. But where’s the evidence for that claim, beyond mere self-serving socialist rhetoric and demagoguery? Why assume that socialists seek progress when their many “experiments” over the past century make clear, to anyone aware of the history, that socialist systems repeatedly, ineluctably, and inherently inflict human harm?

Greeks Owe A Stunning 180 Billion Euros In Tax Arrears To The State, at zerohedge.com. Tax avoidance and a black market economy always immerge when Government intervention into the economy gets too oppressive.

Europeanize America? Not On Your Life, at zerohedge.com. We shouldn’t look to Europe for solutions to our economic and political problems. Excerpt from the article: “Europeans lived for centuries under kings and emperors. They came to believe that power flowed from the top down.”

America came to exist after centuries of being free from top down rules from Kings. The individual was free to succeed or fail on his own. We have a culture of individual freedom and it is different from the culture of Europe.

The Brexit Breakdown, by Thomas Luongo, at lewrockwell.com. The EU is an example of what the above article clearly explains.

In A Blow To Media Gun Narrative, Homicides Down In 2017, by Ryan McMaken, at mises.org. No comment needed.

 “Peak Oil“, by Eric Peters, at ericpetersautos.com. Excerpt from the article: “Weren’t we supposed to be running out of oil?”

“They – the government and the mainstream press – have been saying just that since the early ’70s and their saying so served as the justification for velocity rationing (the infamous Drive 55 national maximum speed limit law, which abused motorists for 20 years before it was finally repealed in the mid-’90s) and for CAFE – the federal law which imposes fuel rationing on the car industry. It is compelled – by regulatory fiat – to find ways to reduce fuel consumption because the government says we’re about to run out of fuel.”

“Except that hasn’t happened. The opposite has happened.”

Individuals in government won’t give up the power they usurped during crisis situations (oil crisis). Even when the premises for their usurpation is dead wrong.

Wind Growth After PTC Expiration, by Lisa Linowes, at masterresource.org. Wind energy is costing tax payers billions of dollars. Even tax payer subsidies can’t make wind viable.

Ethane Rising: Another Fossil Fuel Advances, by Robert Bradley Jr, at masterresource.org Thank God for fracking! Excerpt from the article: “The impact of ethane is perhaps the most remarkable development in the remarkable story of the shale revolution. Less than three years ago, ethane was a largely unwanted byproduct of oil and gas drilling … but today, ethane is feedstock for nearly half of U.S. plastics production and a valuable export to chemical companies around the world.

SATIRICLE HEADLINES

Socialist Leaders Clarify: ‘We Only Want Socialism For Everyone Else’, at thebabylonbee.com.

Local Kid Employs Series Of Delay Tactics To Indefinitely Postpone Bedtime, at thebabylonbee.com.

Must Reads For The Week 9/22/18

Posted September 22, 2018 by austrianaddict
Categories: Must Reads For The Week

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Landmark Victory For Institute For Justice, Which deserves Nobel Peace Prize For Its Ongoing Legal Efforts Advancing Human Rights, by Mark J. Perry, at carpediemblog. This is a victory for the individual in his fight against Government’s illegal use of force. Civil asset forfeiture laws are violations of our individual rights as spelled out in Fourth, Fifth, Sixth and Fourteenth Amendments of the Constitution. The Institute for Justice does great work helping individuals fight against the tyranny of government. We should all celebrate this victory because it is not just a victory for this particular individual. It is a victory for all individuals.

Gov. Brown Signs Law To Limit Plastic Straws In Full-Service Restaurants, at sacramento.cbslocal.com. Starting next year it will be illegal for full service restaurants to give a customer a plastic straw unless the customer asks for one. Do you think if crazy environmentalists thought that the use of straws would be good for the environment, that California would probably have a law making it illegal to drink in a restaurant without a straw?

Private Jet Traffic Increased 30 Percent During California Climate Conference, at targetliberty.com. Do as I say. Not as I do. How much CO2 (aka plant food) are these virtue signalling phonies pumping into the atmosphere by flying private jets instead of flying United with the “rabble”.

The eTron Con, at ericpetersautos.com. Car companies worship at the altar of electric vehicles. Will these companies ultimately be sacrificed on this EV altar? Great article about the EV scam and its cost.

Fraternity Holds Charity Fundraiser, Gets Accused Of ‘Cultural Appropriation’, by Grace Gottshling, at campusreform.org. Phi Gamma Delta fraternity wore grass skirts during a charitable fund-raiser. The Interfraternity Community, released a statement saying Phi Gamma Delta was guilty of cultural appropriation. Here is the statement: “Their actions represent clear examples of cultural appropriation which does not align with the values of the Interfraternity Community, or Washington State University……The Interfraternity Council condemns these and all acts of cultural appropriation regardless of the intention behind them.”  So anyone who drinks beer can be accused of appropriating German culture? Why do we listen to such nonsense?

“Terrifying”: New Documents Reveal Secret Govt Rules For Spying On US Journalists, at zerohedge.com. The main stream media doesn’t cover the fact that the FBI used The FISA court to surveil Trump because they want to get rid of him by any means necessary. What they don’t understand is the means used by government insiders to get Trump can also be used against them. Don’t these all knowing journalists know that Obama’s former Attorney General Eric Holder spelled out to the FBI in a memo that the AG will sign off on FISA applications to surveil “known media entities or known members of the media.” The MSM doesn’t understand that their ‘freedom of the press’, guaranteed in the constitution, only exists if Government allows it to exist. By not covering FBI and DOJ corruption related to Trump they are allowing the hangman to use a noose that could eventually be put around their neck.

40% Of Venezuela Stores Go Bust After 3,000% Minimum Wage Hike, at zerohedge.com. Government mandates don’t happen in a vacuum. Incentives created by these policies have consequences. It doesn’t matter if the mandated minimum wage is $1000 dollars an hour if no businesses exist.

Backfire Economics: Trump’s Trade War Inflicts More ‘Collateral Damage’ and ‘Friendly Fire’ On US Firms, Consumers And Hurricane Victims, by Mark J. Perry, at carpediemblog. Here are examples of some of the consequences of Trumps trade policies and tariffs. Economic laws are always in play no matter what the intentions are of a particular Government policy.

Socialism Isn’t Even Suited For Dogs, at economicpolicyjournal.com. Because of the printing press, 2.2 pounds of dog food costs roughly three weeks salary at minimum-wage. Since people in Venezuela can’t afford to feed their dogs, they are releasing their pets (under the possibility the dogs could be caught and eaten by starving Venezuelans).

Visualizing How America Uses Its Land In 13 Illustrations, at zerohedge.com. Of the roughly 1.918 billion acres of land in the U.S.. Only 69+ million acres are urban. We are not running out of land.

SATIRICAL HEADLINES

CNN Retracts Completely Factual Story, Admits It Did Not Reflect Their Editorial Standards, at babylonbee.com.

Socialist Leaders Clarify: “We Only Want Socialism For Everyone Else‘, at babylonbee.com.

World History Professor Opens Class With Trigger Warning For Socialists Students, at babylonbee.com.

Is Football Bad For The NFL? at theonion.com.

CARTOONS

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Colleges = Leftest Indoctrination Camps

Posted September 20, 2018 by austrianaddict
Categories: Miscellaneous

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indoctrination ahead warning sign with children symbol

Warning to parents! College is the most dangerous place you can send your kid. And I’m not talking about physical danger. I’m talking about mental danger.

At some point you may not know your kid when he comes home. 18 years of raising your kid could be thrown away in no time at all. Your kid will be taught ‘what’ to think or else. Is your kid strong enough to stand up to the kind of pressure he will face from the Post-Modernist indoctrinators who teach in and run the Universities?

WALTER E. WILLIAMS ARTICLE

In this article, Colleges: A Force For Evil, Walter E. Williams states: “Many of the nation’s colleges have become a force for evil and a focal point for the destruction of traditional American values.”

“The threat of our future lies in the fact that today’s college students are tomorrow’s teachers, professors, judges, attorneys, legislators and policymakers. A recent Brookings Institution poll suggests that nearly half of college students believe that hate speech is not protected by the First Amendment.”

“Leftists often say that the U.S. is the world’s worst country. But here are some empirical facts they might explain. According to a recent Gallup Poll, about 13 percent of the world’s adults – 630 million people – would like to move to another country. roughly 138 million would like to live in the U.S. -making us the No. 1 destination….”

Why would they want to come to America if it is as bad as the leftists say  it is?

JORDAN PETERSON VIDEO

Jordan Peterson goes into more detail in this great video, Dangerous People Are Teaching Your Kids, From Prager University

Excerpt from the video: “They are indoctrinating young minds throughout the west with their resentment-ridden ideology. They have made it their life’s mission to undermine western civilization itself which they regard as corrupt, oppressive and patriarchal….. You are supporting ideologies that claim that all truth is subjective, all sex differences are socially constructed and that western imperialism is the sole source of all third world problems. They are the post-modernists pushing progressive activism at a college near you.”

“To understand and oppose the post-modernists, the ideas by which they orient themselves must be clearly identified. First is their new unholy trinity of Diversity, Equity and Inclusion. Diversity is not defined by opinion but by race, ethnicity and sexual identity. Equity is no longer the laudable goal of equality of opportunity but the insistence of equality of outcome. Inclusion is the use of identity based quotas to achieve this misconceived state of equity. All of the classic rights of the west are to be secondary to these new values.”

“All these concepts originated with Karl Marx …… Marx viewed the world as a gigantic class struggle. The grasping rich against the desperate poor. But wherever his ideas were put into practice, in the USSR, China, Viet Nam and Cambodia, to name a few. Whole economies failed and tens of millions were killed.”

“We spent decades long cold war to stop the spread of those murderous notions. But they’re back in the new guise of identity politics. The corrupt ideas of the Post-Modern Neo-Marxists should be consigned to the dust bin of history. Instead we underwrite their continuance in the very institutions where the central ideas of the west should be transmitted across the generations. Unless we stop Post-Modernism, it will do to America and the Western world what it has already done to its universities.”

Must Reads For The Week 9/15/18

Posted September 17, 2018 by austrianaddict
Categories: Must Reads For The Week

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The Intellectual Poverty Of The New Socialists, by Richard A. Epstein, at hoover.org. This is a great article. Here are some excerpts: “The New Socialists try of course to distance themselves from the glaring failures of the Old Socialists, who suffered from two incurable vices. First, they ran the economies of such places as Cuba, Venezuela, the Soviet Union, and virtually all of Eastern Europe into the ground. Second, they turned these states into one-party dictatorships governed by police brutality, forced imprisonment for political offenses, and other human rights abuses. When viewing the proposals of the New Socialists, one looks for any kind of explanation for how their proposals for the radical expansion of government control over the economy aimed at mitigating income inequality will protect both personal liberty and economic well-being.

“The New Socialists in the United States live in a world of intellectual self-denial. They think that they can control the distribution of all the good things in life without undermining the economic and social institutions needed for the creation of that wealth in the first place. The words “competition,” “scarcity,” and “free entry” do not make it into their constricted lexicon, and their absence explains why they botch the analytical issues concerning “freedom” thoroughly…… ignoring the simple truth that scarcity means that all of us cannot have all that we want all the time……. Sadly, some individuals must grovel before their bosses to keep their jobs. But in a competitive economy, free entry allows many more individuals to quit their jobs for better opportunities, or even to be recruited away by another employer.

“Competition leaves people with choices. But under the New Socialism, people will really discover what it means to be unfree when they only have this choice: work for the state and spend your falling wages on government-supplied goods—or starve. And to whom does the unhappy citizen turn when there is only one healthcare provider, one landlord, and one education system?

“There is a deep intellectual confusion and moral emptiness in New Socialism. On the one hand, it denies the major advances in longevity and human flourishing that have been made in recent years by the worldwide spread of market institutions…… And New Socialism attributes to market institutions the failures that fall squarely on the regulatory programs of traditional liberals—e.g. minimum wages, rent control—that hamper economic growth and personal freedom. The New Socialism has no more chance of success than the Old Socialism. You may as well try to cure diabetes by administering extra-large doses of government-subsidized sugar.

Education Is Not A Right, by Jose Nino, at mises.org. Education is an economic good not a right. It has to be produced by someone before it can be consumed. Economic goods are not rights. The second amendment guarantees your right to keep and bear arms from being infringed by Government. It doesn’t force someone to provide a gun for you. And it doesn’t force you to purchase a gun. Education being a right would mean that the Government couldn’t infringe on your decision to either get or not get an education. Nothing more.

Private schools and home schooling are examples of an economic good (education) being provided in the market and not by a state-run education monopoly. With today’s technology, think about the possibilities of educating people using fewer scarce resources. Scarce resources once used to build and maintain high school campuses, to maintain the education bureaucracy and to transport students to and from school could be reallocated to a more productive economic activity. The total cost of our modern “free” K-12 education system is much higher than what the cost would be if education was provided through the market process. But since our education system is a mammoth bureaucracy. What is the chance of it giving up its monopoly position? But just as fracking took down the OPEC monopoly when the price of oil rose to $140 a barrel, so to technology and entrepreneurship can make a huge dent into the State education monopoly as the price becomes more burdensome.

Victor Davis Hanson’s Analysis of ‘Trump’ vs. ‘The Resistance’

The Circus Of Resistance, by Victor Davis Hanson, at americangreatness.com. Here is an excerpt from the article: “Certainly, there are principles behind Trump’s moves, but they are not always those of the Washington establishment, whose agendas the media reflects. Trump’s initiatives are often long overdue moves that would never have happened in either a “sober and judicious” Democratic or Republican administration, however much they might have been polled and discussed.”

“Trump has mostly one principle: he was elected to pursue a conservative populist agenda without too much worry what the Washington establishment said or did, whose record on the economic front since 2008 and in foreign policy was not especially stellar. In that sense, he is far more principled in carrying out his promises than many past presidents whose stump speeches on taxes, illegal immigration, trade, educational reform and a host of other issues were either never reified or flat-out broken.”

“So far, for all the crudity and Twitter antics, we have not had a “read my lips” or “you can keep your doctor” moment in the sense of a deliberate effort to break a campaign promise.”

Is Trump Chaos An Impeachable Offense, by Victor Davis Hanson, at nationalreview.com. Excerpt from the article: Trump is destabilizing the status quo, as he promised to do. The keepers of the status quo cry foul.”

“…for the D.C. political-media status quo it was more of a problem to tell the truth, address reality, and make the necessary difficult adjustments than to shrug, continue on, and maintain the façade of normality. Then a president came along with no prior investment in the economic and foreign-policy establishment, and apparently no desire to create any, or to worry much about his own ignorance of past conventional wisdom. And so in breakneck speed he began cancelling deals, renegotiating asymmetrical agreements, and questioning protocols of decades past — and he did so without adopting the comportment of past presidents and the advice of either the administrative state or the Washington political-media establishment. The ensuing reaction was that the Trump medicine was said to be worse than the preexisting disease, although no one could really explain why that was so.”

“So we are left only with “Trump did it,” and therefore he should be impeached, declared insane, sued, forced to resign, or face an intervention from “loyal” patriot aides because of his impulsiveness and lack of “first principles” that had given us the above status quo. Even the recent anonymous New York Times op-ed author offered no real explanations of what exactly Trump has done wrong that would warrant anti-democratic removal other than to concede that Trump has done things that most felt were long overdue. And he made changes in a rude and uncouth manner that the establishment did not like — just as a nude emperor in invisible clothes does not like it when an outsider observes that he is naked.

THE RESISTANCE

Presented with no comment!

Pompeo Tears Into John Kerry Over Iran Meetings: “Unheard Of” Level Of Undermining White House, at zerohedge.com.

“It Was All A Set-Up” – Pentagon Whistleblower Exposes Russia Probe Reality, at zerohedge.com.

New Strzok-Page Texts Discuss FBI “Media Leak Strategy” Within Hours Of Washington Post Bombshell, at zerohedge.com.

TO WHOM DO YOU RELATE?

“Panic And Dismay”: Leaked Video Reveals Distraugh Google Execs Grappling With Hillary Clinton’s Loss, at zerohedge.com. This is priceless. The article tells you where to go in the video to see the highlights. But go to 16:45 and watch as a female exec suggests everyone get a hug. When they show the audience. Look at all the people wearing beanies with propellers on them. Like The Beany and Cecil cartoon. Seriously!

Life, Liberty & Levin: Katie Pavlich and Candace Owens, at Reasonable Insanity.

Now listen to Miss Pavlich and Miss Owens. Compare this to what you saw and heard on the Google video?

 

Twitter Suspends Benghazi Hero After He Excoriates Obama, at zerohedge.com. In a speech at U of Illinois, Obama said: “The republican party……..has embraced wild conspiracy theories like those surrounding Benghazi…..

In response to Obama’s statement. Kris Paronto, who was in the middle of the fight in Benghazi, tweeted,“Benghazi is a conspiracy @BarackObama?! How bout we do this, let’s put your cowardly ass on the top of a roof with 6 of your buddies & shot rpg’s & Ak47’s at you while terrorists lob 81 mm mortars killing 2 of your buddies all the while waiting for US support that you never sent ! #scum.”

Here is the excerpt that sparked the response. Watch this video with the understanding that this is “acting Presidential”. The cadence. The tone. The pauses. The posture. The body movements. The words.

“Acting Presidential” is just one part of the establishment status quo that people voted against in 2016. “Acting presidential” is part of the propaganda process.

I’ll take Trump “acting non-presidential” every time.

SATIRICAL HEADLINES

Google Rep Issues Heartfelt Apology for Anti-Conservative Bias While Wearing ‘Kill All Republicans’ T-Shirt, at babylonbee.com.

He’s Still Got It! Funnyman Jim Carrey Jokes Americans Should ‘Say Yes To Socialism’, at babylonbee.com. What! He is serious?

Man Identifies As Woman, Immediately Receives 23% Pay Cut, at babylonbee.com.

Gay Man Bravely Comes Out As Fan Of Chick-Fil-A, at babylonbee.com.

Must Reads For The Week 9/8/18

Posted September 11, 2018 by austrianaddict
Categories: Must Reads For The Week

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

NYT Flashback: “If Donald Trump Targets Journalists, Thank Obama”, at zerohedge.com. Just as Obama set the stage for the executive actions by the next President. He also set a precedent for how to treat the press. The press didn’t worry about the use of executive power by Obama because they shared his world view. The press doesn’t like Trumps use of executive power because his world view doesn’t align with theirs. Here is an example of DOJ abuse of power under Obama.  Sharyl Attkisson computer hacked by DOJ . 

An Uber-Like Service Might Help escape Britain’s Socialist Health System, by George Pickering, at mises.org. The long wait times by patients in the British government healthcare system has produced a situation that allows new technologies to be used to see doctors sooner. In a socialist economic system, waiting lines are how scarce resources are rationed. But the passage of time allowed something new to come into existence that shortens the waiting (rationing) lines.

Criminalizing Childhood: School Safety Measures Aren’t Making Students Any Safer, at zerohedge.com. Excerpt from the article: “From the moment a child enters public schools to the moment he or she graduates, they will be exposed to a steady diet of draconian zero tolerance policies that criminalize childish behavior, overreaching anti-bullying statutes that criminalize speech, school resource officers (police) tasked with disciplining and/or arresting so-called “disorderly” students, standardized testing that emphasizes rote answers over critical thinking, politically correct mindsets that teach young people to censor themselves and those around them, and extensive biometric and surveillance systems that, coupled with the rest, acclimate young people to a world in which they have no freedom of thought, speech or movement.”

Camile Paglia On The Indispensability Of Men, Who Do The Dangerous, Dirty Work That Makes Our Economy Possible, by Mark J. Perry, at carpediemblog. Here is an excerpt from Camile Paglia’s article titled: It’s a Man’s World, and It Always Will Be” (subtitled: The modern economy is a male epic, in which women have found a productive role — but women were not its author):”

“Men are absolutely indispensable right now, invisible as it is to most feminists, who seem blind to the infrastructure that makes their own work lives possible. It is overwhelmingly men who do the dirty, dangerous work………Every day along the Delaware River in Philadelphia, one can watch the passage of vast oil tankers and towering cargo ships arriving from all over the world. These stately colossi are loaded, steered and off-loaded by men. The modern economy, with its vast production and distribution network, is a male epic, in which women have found a productive role – but women were not its author. Surely, modern women are strong enough now to give credit where credit is due!”

Milking Taxpayers, by Dan Mitchell, at danieljmitchell.wordpress.com. Consumers and taxpayers are the ones who pay the cost of Government subsidies for the dairy industry.

Richard Epstein On The Intellectual Poverty And Intellectual Self-Denial Of The ‘New Socialists’ by Mark J. Perry, at carpediemblog. Excerpt from the article by Richard Epstein: “The New Socialists try of course to distance themselves from the glaring failures of the Old Socialists, who suffered from two incurable vices. First, they ran the economies of such places as Cuba, Venezuela, the Soviet Union, and virtually all of Eastern Europe into the ground. Second they turned these states into one-party dictatorships governed by police brutality, forced imprisonment for political offenses, and other human rights abuses………The New Socialists in the United States live in a world of intellectual self-denial. They think that they can control the distribution of all the good things in life without undermining the economic and social institutions needed for the creation of that wealth in the first place.

Stealing By Government, by Dan Mitchell, at danieljmitchell.wordpress.com. Civil asset forfeiture is theft of private property by the state without due process.

FEDERAL RESERVE MISCHIEF

Central Banks Enrich A Select Few At The Expense Of Many, by Thorsten Polleit, at mises.org. Central Banks were created for the purpose of growing Government. Governments can only tax so much out of the private economy before people revolt. Printing money is a stealthier way for governments to procure funds for expansion.

The Fed’s QE Unwind Hits $250 Billion, at zerohedge.com. This slow unwind is hiding the theft that took place by the previous inflation of the money supply.

Can Deflation Fix The Damage Done By Inflation?, by Frank Shostak, at mises.org. This is a must read of the must reads. When the Fed lowers interest rates, below what they would be in a free market, and increases the money supply (counterfeits money), it starts the economy down the road of wasting scarce resources. Here is an excerpt from the article: “It is argued that because we do not exactly know the state of the economy at any point in time, it is quite possible that the central bank’s loose stance could be excessively loose which may result in a so-called overheating. This means that the loose policy will push the economy strongly above the trajectory of a stable non-inflationary growth.”

“Conversely, a tighter stance could be excessively tight thereby risking to plunge the economy below the trajectory of stable non-inflationary economic growth — a severe economic slump.”

“The view that the economy could be seen as a space ship is a misleading metaphor, since the economy is about human beings that use their means to achieve various goals. Given that economy is about human beings, no central authority can replace the free unhampered market that enables individuals achieving their goals in their best possible way.”

SATIRE OR REAL?

Which of these really happened?

Kavanaugh Accused Of Being ‘Too Judgemental’ To Be Effective Judge, at babylonbee.com.

Democrats Demand Kavanaugh Submit To DNA Test To Prove He’s Not Actually Hitler, at babylonbee.com.

PETA Finally Frees Animal Crackers From Their Cages, at barstoolsports.com.

It’s the PETA article. There must not be much real animal abuse going on if PETA put time into freeing these cookie animals from their cages. I was worried that the poor Zebra was going to get eaten by the Lion because a cage no longer separates them. Until I remembered that, cage or no cage, all these animals are going to get eaten by me.

CARTOONS

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Political Cartoons by Pat Cross

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