Solutions? Or Trade Offs?

Posted March 24, 2020 by austrianaddict
Categories: Econ. 101, Government and Politics

Tags: , , , , ,

Diagram of tradeoff

I heard this statement the other day about our present Covid 19 “crisis”: ” Do we save lives and kill the economy? Or do we save the economy and kill lives?

I’ve learned from economist Thomas Sowell that in our imperfect world, there are no solutions, there are only trade offs. What does that mean? It means that the two choices above are not the only choices. These choices are stated as all or nothing categorical decisions. But many of “experts” fail to see the incremental trade offs that can be made between these two extremes.

When a “crisis” pops up, a particular “solution” to the crisis is imposed on us by an “expert”. People who criticize the “solution are usually hit with this statement: “Even if it saves just one life, isn’t it worth it?” My answer to that question is, “NO” it is not worth it.

The question implies that there is no limit to the amount of resources that should be used in order to save just one life. But a price is put on life everyday. If these people were serious about “saving just one life” they would fight to get the speed limit reduced to 20 mph. Would any of us be willing to trade off the economic benefits of a higher speed limit as well as our ability to get places faster, for the lives lost in accidents.

The deaths of coal miners and power line workers are an acceptable trade off to have electricity in our homes. Some of the most deadly professions are fisherman, farmers and loggers. Yet we don’t think twice about the trade off of these lives when we eat crab legs or a steak or build a house.

The point is, there is a trade off between lives lost and the goods and services our free market economy produces. In fact the standard of living produced by free market capitalism has saved exponentially more lives than have been lost in the production of that standard of living.

Swine Flu data from 09-10 shows 60 million contracted the virus and 22,469 died. Influenza data for this flu season shows between 38-59 million contracted the flu and between 23,000-59,000 died. These were no big deal to the media. These lives were an acceptable trade off to the powers that be and the media. So why is our present “crisis” different?

 

Here are some great articles with great information.

Coronavirus Isn’t A Pandemic, by Richard Epstein, at ricochet.com.

Excerpt from the article:

“But why might the dire predictions be wrong? The theoretical answer to the question of how deadly the virus will turn out lies in part in a strong analytical relationship between the rate of spread and the strength of the virus. Start with the simple assumption that there is some variance in the rate of seriousness of any virus, just as there is in any trait for any species. In the formative stage of any disease, people are typically unaware of the danger. Hence, they take either minimal or no precautions to protect themselves from the virus. In those settings, the virus—which in this instance travels through droplets of moisture from sneezing and bodily contact—will reach its next victim before it kills its host. Hence the powerful viruses will remain dominant only so long as the rate of propagation is rapid. But once people are aware of the disease, they will start to make powerful adaptive responses, including washing their hands and keeping their distance from people known or likely to be carrying the infection. Various institutional measures, both private and public, have also slowed down the transmission rate.”

“At some tipping point, the most virulent viruses will be more likely to kill their hosts before the virus can spread. In contrast, the milder versions of the virus will wreak less damage to their host and thus will survive over the longer time span needed to spread from one person to another. Hence the rate of transmission will trend downward, as will the severity of the virus. It is a form of natural selection.”

 

Coronavirus Overreaction, by Richard Epstein, at ricochet.com.

Here is a point that jumps out at me: “Italy has taken the lead with 6,077 deaths……… which stems, it appears, from a conscious decision not to supply ventilators to anyone over 60.” Death panels anyone?

Excerpt from the article:

“Out of over 367,000 COVID-19 cases reported as of noon March 23, 2020, 16,000 people have died, a rough increase of about 9,500 from the past week. China has contributed about 3,500, a figure that is holding relatively stable — if we are to believe the reporting coming out of the People’s Republic of China — as is Iran’s total of 1,812 deaths (another potentially dubious total). In Spain, the death toll is 2,206. Italy has taken the lead with 6,077 deaths, 85 percent of which are of people over 70, which stems, it appears, from a conscious decision not to supply ventilators to anyone over 60. These four nations make up close to 13,000 deaths or about 82 percent of the total. Taken together, these four countries account for over 13,595 of the 16,097 deaths. The good news here is that the growth rates in both Italy and Spain have turned downward in the past 48 hours.

“We need a public debate on the political response to COVID-19, and we need it now. I fully understand the need for immediate responses to immediate threats, like fires, but not for crises that may last for three months or more. At this point, everyone knows that people who are elderly, especially those with chronic conditions, should stay out of harm’s way. But that prohibition is self-enforcing because those people know that it is in their best interest to self-quarantine, at least in place of high incidence, but by no means nationally. But for low-risk groups, a different set of precautions may fit the bill — an emphasis on thorough hand washing, reduced work hours, reducing workers per shift, and better availability of ventilation equipment.”

“The central Hayekian principle applies: All of these choices are done better at the level of plants, hotels, restaurants, and schools than remotely by political leaders. Our governors have failed to ask a basic question: When all the individual and institutional precautions are in place, what is the marginal gain of having the government shut everything down by a preemptive order? Put otherwise, with these precautions in place, what is the extent of the externalities that remain unaddressed?”

“Progressives think they can run everyone’s lives through central planning, but the state of the economy suggests otherwise. Looking at the costs, the public commands have led to a crash in the stock market, and may only save a small fraction of the lives that are at risk. In addition, there are lost lives on both sides of the equation as many people will now find it more difficult to see a doctor, get regular exercise, stay sober, and eat healthily. None of these alternative hazards are addressed by the worthy governors.

 

Podcast: Richard Epstein Talking With Nick Gillespie About Coronavirus, at reason.com. Listen to this podcast. Epstein makes good sense.

 

Article here: The Costs Are Mounting In This Government-Imposed Economic Collapse, by William L. Anderson, at mises.org.

Excerpt from the article:

“Federal and local authorities are stretching their constitutional limits well beyond anything our ancestors would have recognized in their attempts to keep people away from each other and prevent social contact.”

“…….. Military terms such as “shelter in place” now are part of ordinary language as governments at every level issue orders, with governors competing to see how they can be perceived as being “in charge” as they bark out increasingly draconian commands, threatening deadly force if necessary.”

What we are seeing is how many people want governments to respond to a situation characterized by uncertainty. In such circumstances, they demand “solutions” that only can make things worse, and there is no better way to make the masses vulnerable to disease than to impoverish them. Furthermore, the New York Times and the American Conservative’s one-two punch demanding total subjectivity to the whims of government makes it very difficult for there to be even a smidgen of rational discussion as to what is taking place no matter what one’s ideological stance might be.

As noted earlier, all of this is a response to the uncertainty of just how much this virus will spread and what its actual effect will be on the health of Americans. What we do know (at least at this point), however, does not exactly raise our confidence in American politicians and the media, especially the elite media.

 

Prevention Expert:Data Shows Our Fight Against Coronavirus May Be Worse Than The Disease, by James Barrett, at dalywire.com.

Excerpt from the article:

“…..By taking an “at war” approach to fighting COVID-19 widespread shutdowns and isolation of the entire population rather than a “surgical strike” approach focusing on the truly vulnerable, Katz argues, we have set ourselves on the path to “uncontained viral contagion and monumental collateral damage to our society and economy.” 

“The reason this is so dire, he underscores, is that our current approach is rapidly causing severe damage socially, economically and in terms of public health.”

“I am deeply concerned that the social, economic and public health consequences of this near total meltdown of normal life — schools and businesses closed, gatherings banned — will be long lasting and calamitous, possibly graver than the direct toll of the virus itself,” Katz writes.”

“While the stock market might rebound, many businesses and thus many jobs, may never come back, a result that has massive societal ramifications. Meanwhile, by stretching our limited health care resources “so widely, so shallowly and so haphazardly,” we are likely setting ourselves up for failure on multiple levels.”

 

Never Let A Serious Crisis Go To Waste

Thomas Sowell: “The first rule of economics is scarcity, there are not enough resources to meet the desires and needs of everyone. The first rule of politics is to ignore the first rule of economics.

If that is the first rule of politics than the second rule of politics is: Politicians are always trying to increase the power of government. But when a crisis hits that effort increases exponentially.

I don’t like the fact that the multiple trillion dollar “Stimulus” bill will bail out banks and corporations that previously used The Feds printed money to buy back their stock in order to prop up their stock price. You and I also know that this will end up being more like 4 trillion dollars when you add everything up. This 2-4 trillion is all debt. This debt will be purchased directly or indirectly by the Federal Reserve’s printing press. We are piling more debt on top of what we all ready have. This is what we did in the 2008 crisis (TARP Bailout). Non of the 08 debt has been repaid. We have a Empire State building of debt built on a sand foundation. It is totally top heavy like an inverted pyramid. But we’ll address the Fed money printing in another post.

I also don’t like the Democrats 1400 page bill that is nothing more than the democrat policy platform for the 2020 election. They are trying to implement their agenda before the election takes place.

Here are a few things that are in the 1400 page bill. Increased fuel emission standards for airplanes. Same day voter registration, early voting, voting by mail, and something called ballot harvesting (no potential for voter fraud here). Reserve collective bargaining power for unions. Expand wind and solar tax credits. Money for planned parenthood.

The Democrats, Republicans and the Federal Reserve are definitely not letting this crisis go to waste.

These articles have more info in them.

Nancy Pelosi Proposes 1,400 Page Coronavirus Bill Stuffed With Pork, at breitbart.com.

McConnell: Dems Holding Up Coronavirus Relief Over solar Panel Tax Credits, at breitbart.com.

Everyone In America Should Read About Dems Killing Emergency Relief Package, at theblaze.com.

 

Thoughts About Covid 19: Pandemic, Panic And Power

Posted March 19, 2020 by austrianaddict
Categories: Government and Politics, Miscellaneous

Tags: , , , , , ,

world Corona virus attack concept. world/earth put mask to fight against Corona virus. Concept of fight against virus, danger and public health risk disease. Virus attack isolated on green

MATHEMATICAL RISK

Compared to other “pandemics” the number of people dying from the Covid 19 virus doesn’t measure up. Look here: A Visual History Of Pandemics, at weforum.org. And I know this has a ways to go before it is contained.

We know the number of people who have died form the virus, because we can count the bodies. But we do not know, and can not know, the number of people who have, or have had, the virus. We know the listed number of people who have the virus are only the people who have been tested. But we don’t know how many people have, or have had, the virus who have yet to be tested or will never be tested. So the number of infections is much higher than the posted number. The math is just a guess because it looks like this: Known Number of Deaths/Unknown Number of Infections.

Here are the statistics: Coronavirus Update (Live), at worldometers.info.

People over the age of 60 and people who have existing medical conditions like cardiovascular disease, diabetes, respiratory disease, hypertension, and cancer are where a vast majority of the deaths occur. And most of the people with these medical problems are older people. Here is the breakdown: Coronavirus Age, Sex, Existing Medical Conditions, at worldometersinfo. Access your mathematical risk according to these charts?

 

An Asian woman storing tissue toilet paper during Coronavirus outbreak or Covid-19, Concept of Covid-19 quarantine. Wuhan epidemic outbreak. Dangerous COVID virus, Doomsday panic people panic lockdown

PANIC

The media has pushed this story hard. It doesn’t matter why. But they haven’t panicked everyone. It has been hard for me to find someone who doesn’t think this is a bit over hyped.   Read this article: As Government AuthoritiesUrge Panic Over Coronavirus One Doctor Breaks Rank, at mises.org.

But if you panic enough people on the margin, they can make grocery store shelves look bare. I went to a store to look at what people hoard during a “pandemic”. Here is what I observed. They hoard toilet paper, which I don’t understand at all. Bottled water, which I also don’t understand because the water from their tap is safe. Cleaning products, hand sanitizer, alcohol, pasta, frozen pizzas and cans of soup. Although they don’t buy split pea soup, french onion soup or minestrone. They also don’t buy popping corn or cookies.

But once fifteen to twenty percent of the population is panicked, it seems like everyone is panicked. That’s when the politicians have to step in and “do something”. When politicians see a parade coming down the street they have to get out in front of it so it looks like they are leading.

Our governor in Ohio shut down schools, sporting events, restaurants and Tuesdays primary election, among other things. This raises a few questions.

Why did he shut down these particular activities and allow other businesses, like day care facilities, to stay open? What are the parameters that will make him reopen what he had shut down? Where does he get the power to shut down businesses?

Read this article: Fear Can Spread From Person To Person Faster Than The Coronavirus – But There Are Ways To Slow It Down, at theconversation.com.

 

Hand holding piece of jigsaw puzzle with word problem & solution.

NEVER LET A CRISIS GO TO WASTE

After 9/11, individuals in government passed legislation that gave government more power over “we the people”. We had our civil liberties taken away when congress passed, and Bush signed, The Patriot Act. The bill had a sunset clause where congress had to vote on and pass the bill again after a certain number of years.

I was in favor of this bill because of the sunset clause. How stupid was I? I have read enough Milton Friedman to know this quote: “Nothing is so permanent as a temporary government program“.

We know our politicians and bureaucrats are going to make a power grab because of this “crisis”. Every time a “tragedy” happens in our country, a particular article gets a lot of hits on this site. The article is: “You Never Let A Serious Crisis Go To Waste“. It shows the blue print of how politicians and bureaucrats attempt to expand government power after a perceived or real “crisis”.

Tyrannical power grabs by politicians, bureaucrats and other individuals in government are the norm, not the exception. Here is an example: During this coronavirus panic Mayor Deborah Frank Feinen, of Champaign Illinois, has granted herself  the power to ban the sales of guns and alcohol. Another example: Coronavirus patient from Kentucky has police surround his home forcing him to self quarantine. (Will they shoot him if he doesn’t comply?)

The biggest threat from the Coronavirus is the threat to our individual liberty by politicians and bureaucrats using the power of government to “do something” in order to find a “solution” to the “crisis”.

Here are a few excerpts from this article: Coronacrisis And Leviathan, at mises.org.

“…..the growth of government in the twentieth century can largely be explained by patterns of crisis and response. These crises can be real (World Wars I and II, the Great Depression, stagflation) or imagined (inequality, the various isms). In either case new government programs, agencies, and policies are established, purportedly as temporary responses to the perceived emergency. But, as…..history shows us, most of the temporary measures become permanent—either explicitly or in a revised form based on the original.”

“How will leviathan expand—temporarily and then permanently via the ratchet effect—in response to COVID-19? It’s too early to make any definite predictions, but we can make educated guesses based on experience and our knowledge of how governments work.”

Read this article: They Should Have Called It CONTROLavirus, at theburningplatform.com.

 

Immune bacteria system sign. Antibacterial virus sign. Immune protection antiseptic, anti desease immune icon.

VACCINES AND OUR IMMUNE SYSTEMS.

Read this article: Researchers Discovered How The Body Kills  The Coronavirus, at bgr.com 

Excerpt from the article:

“The coronavirus pandemic is far from being contained, with countries all over the world reporting more and more cases. It’s up to everyone to step up and do their part……….social distancing and hand washing will help do the trick — so that medical systems around the world aren’t overwhelmed. Doctors need time to treat severe cases while some of their peers attempt to develop vaccines or new drugs that will speed up the healing process. The good news for people who catch the new COVID-19 virus is that most people will recover, and that’s because of the body’s immune system. Researchers in Australia have already figured out how the body kills the SARS-CoV-2 virus, and their early results will help others develop new treatments that could extend immunity, and maybe even eradicate the disease.”

“Australian researchers discovered that the human body fights the infection the same way it would deal with the regular flu. The conclusion is valid for mild-to-moderate cases for the time being, which leads to full recovery. It’s still unclear how long the immunity lasts and there’s no guarantee that once healed, the body will not contract the same COVID-19 disease again.”

Are we in a catch 22 situation with regard to Covid 19? There is currently no vaccine for Covid 19. So in order to build up immunity to this virus you have to get infected and recover. But the spread will not only take some of the lives of older people and those with certain medical conditions, the spread might overwhelm the medical system.

Are you old enough to remember “Chickenpox Parties”? Here is an excerpt from an article: Chickenpox Parties: Benefits, Risks, at medicalnewstoday.com.

“People use pox parties as a way to deliberately infect their children with chickenpox. The idea is that the child gets the illness sooner rather than later and builds up a natural immunity to the virus.”

“During a pox party, parents or caregivers encourage uninfected children to play, eat, and interact with a child who currently has chickenpox. This close contact makes it much more likely that the children will catch chickenpox.”

“Chickenpox parties were popular when the vaccine for chickenpox was not yet available. Nowadays, some people who do not want their child to have the vaccine see pox parties as a natural way for them to acquire immunity to the illness.

I have a couple of questions. Would it be better for individuals and the medical system to allow people, who are not in the high risk groups, to get infected in order to build up their immunity to the virus since we don’t have a vaccine yet? So instead of shutting everything down for 90% of the population who are not high risk, would there be lower cost to the economy and a lower psychological cost for everybody if the high risk groups were quarantined to protect them and allow others to go about their normal business?

 

CONCLUSION

I have seen two viruses that were politicized in my life time. AIDs and Covid 19. The government didn’t implement any of the measures it has taken to combat Covid 19 even though it would have been easy to contain AIDs. Why? Because the affected group was a politically protected identity group. SARS in 2002, Swine Flu in 2010, Ebola in 2014, and MERS in 2015 were never politicized. And the main stream media and  politicians don’t even mention the tens of thousands of people who die every year from influenza. Why?

I am skeptical of the statements of politicians, government bureaucrats and the main stream media. The main stream media has hyped a lot of things over the last three years that have proven to be wrong. So they have no credibility. Politicians are not credible because of their incentive to get reelected by any means. Government bureaucrats have no credibility because all they want is to keep or grow their power.

That is what makes this tough to figure out. We know there is a virus afflicting the US and the world. But what do we know for certain after that? Read a lot different articles and trust your instincts. I hope these articles help.

 

Let’s Laugh

Posted February 19, 2020 by austrianaddict
Categories: Miscellaneous

 

OBSERVATIONS

Are the extreme environmentalists, (those who think man is destroying the planet), cheering for the carona virus or for its cure? Since they are for depopulation as a way to save the planet ……….. Well you can probably figure out the answer.

Do extreme environmentalists realize they are polluting the planet by simply breathing. They pump CO2 into the atmosphere every time they exhale. If they want to save the planet they should stop breathing.

President Obama recently tried to take credit for our booming economy. The same economy the Democrat candidates are trashing.

 

SATIRICAL HEADLINES

from the babylonbee.

Bloomberg Stops By Daytona 500 To Had Out Speeding Tickets, at babylonbee.com

Bernie Sanders Confused By New Hampshire State Motto ‘Live Free Or Die – ‘Both Of Those Options Sound Horrible,  at babylobee.com.

Bernie Sanders Frustrated With Having To Ask For Money Instead Of Just Taking It, at babylonbee.com.

Struggling Biden Campaign Now Offering One Month Of Free AOL For Rally Attendance, at babylonbee.com.

MSNBC Reports Republican Voter Registration Tent Deliberately Rammed Unsuspecting Van In Florida, at babylonbee.com.

 

CARTOONS

 

How Can I Help

In Sheep Clothing

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Pithy Quotes from Thomas Sowell

Posted February 13, 2020 by austrianaddict
Categories: Miscellaneous

Thomas Sowell crams so much insight into so few words better than any author I have ever read. I always loved his “Random Thought” articles when he was writing his weekly column. I found out he has a twitter page. He posts what I would call random thoughts on it. Here are some pithy quotes from his twitter page (click here)

 

This is one of my favorites.  “Envy was once considered to be one of the seven deadly sins before it became one of the most admired virtues under its new name, “social justice.”

 

“What do you call it when someone takes someone else’s money openly by force? Robbery. What do you call it when a politician takes someone else’s money in taxes and gives it to someone who is more likely to vote for him? Social Justice.”

 

“The political left has never understood that, if you give the government enough power to create “social justice,” you have given it enough power to create despotism. Millions of people around the world have paid with their lives for overlooking that simple fact.”

 

“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”

 

“You can see the agenda behind the rhetoric when profits are called “unconscionable” but taxes never are, even when taxes take more than half of what someone has earned, or add much more to the prices we have to pay than profits do.”

 

“The left’s vision is not only a vision of the world, but also a vision of themselves, as superior beings pursuing superior ends. In the United States, however, this vision conflicts with a Constitution that begins, “We the People…”

 

Related Articles:

Final Random Thoughts From Thomas Sowell, at austrianaddict. com.

Thomas Sowell’s Random Thoughts, at austrianaddict.com.

Random Thoughts By Thomas Sowell, at austrianaddict.com.

MERRY CHRISTMAS

Posted December 25, 2019 by austrianaddict
Categories: Miscellaneous

Tags: ,

Some Christmas Music

Christmas memories from my childhood are always brought back through music. Here are some Christmas songs that bring back good feelings.

 

A Christmas Song – Nat King Cole

O Holy Night – Jennifer Hudson

Blue Christmas – Elvis Presley & Martina McBride

It’s The Most Wonderful Time Of The Year – Andy Williams

 

Lindsey Sterling: What Child Is This

Let It Snow – Dean Martin

Martina McBride – White Christmas.

Same Old Land Syne – Dan Fogelberg

 

 

THE ECONOMICS OF CHRISTMAS.

How Economics Can Ruin Christmas, In A Good Way, By Art Carden, at aier.org.

Excerpt from the article:

“Some time ago, I resigned myself to the fact that economists are the wet blankets of the world. We can ruin almost any proposal and almost any situation with just a couple of analytical tools and the words “unintended consequences.” Rent control….. Minimum wages…… Laws against “price gouging…….the list of dreams that have been dashed upon the rocks of the principles of economics is long indeed.”

Not content to ruin the dreams of a few idealists, economists turned their attention to Christmas a few years ago. Here are a few thoughts from the Dismal Science that rain on the holiday parade.”

” You shouldn’t have. No, Really. You Shouldn’t have. The classic salvo in the literature on the economics of Christmas is Joel Waldfogel’s “The Deadweight Loss of Christmas,” which provides a bit of evidence that people would be happier if you gave them cash instead of an equally-expensive present.  Yes, it’s the thought that counts, but how many of us have given (or gotten) gifts that have ended up in an end-of-year Goodwill donation or a Spring yard sale?”

“The spectacular wealth we enjoy today has created the epitome of a first-world problem: over-gifting. It used to be that giving a gift required a meaningful material sacrifice. Today, baubles are so cheap that our problem isn’t a lack of generosity. It’s poorly-channeled generosity. You have probably heard people joke that kids are usually more interested in the boxes the toys come in than the toys themselves”

“If we’re honest with ourselves, we will see some of the ways in which Christmas lays bare our hypocrisy. You’ve probably heard someone say “don’t give until it hurts; give until it feels good,” and again, I think that if we’re really honest with ourselves a lot of our charitable endeavors have less to do helping the least of these among us than with showing that we’re the kind of people who care about the least of these among us. I’ve written before that “let not your left hand know what your right is doing” is not merely a sound Biblical injunction regarding our giving. It’s also excellent economics. If you haven’t read about people anonymously paying off others’ layaway accounts at Kmarts around the country, it’s an excellent example of what I’m talking about.”

“As a mentor has told me, economics shows us that it is very difficult to be charitable in ways that actually benefit the people we’re trying to help. Some people might find this sad–dismal, even. I actually think it’s kind of liberating because it suggests that–at the risk of being dramatic–a better world is possible. A new paradigm for charity and justice will require a lot of thinking outside the donation box. With Christmas 2019 and a brand new year right around the corner, it’s a challenge I look forward to meeting head-on.”

 

SATIRICAL HEADLINE

Santa Claus Accused Of Quid Pro Quo For Giving Children Gifts In Exchange For Good Behavior, at babylonbee.com.

Must Reads For The Week 11/23/19

Posted November 24, 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

Socialism Guarantees Failure And Suffering – So Why Do So Many Americans Support It?  by Victor Davis Hanson, at foxnews.com.

Excerpt from the article:

“Add up a lost generation of woke and broke college graduates, waves of impoverished immigrants without much knowledge of American economic traditions, wealthy advocates of boutique socialism and asleep-at-the-wheel Republicans, and it becomes clear why historically destructive socialism is suddenly seen as cool.”

“Regrettably, sometimes the naive and disaffected must relearn that their pie-in-the sky socialist medicine is far worse than the perceived malady of inequality.”

“And unfortunately, when socialists gain power, they don’t destroy just themselves. They usually take everyone else down with them as well.”

 

4 Reasons Why Socialism Is Becoming More Popular, by Alexander Zubatov, at mises.org.           From the article:     “ 1) Ignorance of History.   2) Government Bungling.  3) Universities Ideological Monoculture.  4) Coddled Kids.”

The Long March Has Paid Off: Millennials Love Socialism, by Onar Am, at zerohedge.com.     Excerpt from the article:

“Socialism has failed wherever it has been tried and communism has cost the lives of more people than any othher ideology in a comparable amount of time.”

“Historical circumstances produced a near-perfect scientific test of the system in the 20th century. In every case, communism failed – ending in a bloodbath, regardless of race, ethnicity, culture, and development stage.”

“Simultaneously, near-capitalist societies were tested with those same ethnicities and cultures: East- versus West-Germany, North- versus South-Korea, and Hong Kong versus mainland China. The outcome was as conclusive and decisive as any social experiment could ever get: While capitalism lifted people out of poverty and created largely stable and prosperous societies, communism produced murderous and oppressive hellholes from which people desperately tried to flee.

Seattle’s Socialist City Councilwoman Loses After Amazon Dumps Money Into Race, by Chrissy Clark, at thefederalist.com.            Even Amazon’s Jeff Bezos knows that Socialism is a step too far. He just wants government to pass enough regulations to allow him to sustain and grow his market share. Government can keep out and/or make it difficult for potential competitors to enter the hampered market. Free markets allow competitors to compete for consumers when the big companies don’t deliver on quality and price. Big businesses love free market competition when they were start ups. But they hate free markets when they become the big guys. In other words, they hate government interference when they are small but love it when they are big.

Powell Tells Congress Federal Debt Is ‘Unsustainable’, by Paul Davidson, at usatoday.com.   Powell has some nerve blaming this on congress even though spending bills start their. The only reason the Federal government has been able to accumulate this much debt (spend more than they take in taxes) is because the Federal Reserve is funding the debt. The Fed purchases Government debt by electronically printing counterfeit money. And they keep interest rates artificially low.

There is a limit to how much the government can tax out of the free market economy. People will eventually revolt. There is also a limit on how much debt they can fund in the financial markets if interest rates reflected the actual risk of getting repaid. The printing press takes care of both problems.

Three Steps To Save America From Collapse, by George Gilder, at discovery.org.  Excerpt from the article:        George Gilder is always interesting to read. His three ideas revolve around getting rid of the Governments monopoly on money. And getting back to some form of gold standard. But you and I know that the Federal Reserve and our Federal Government won’t give up their power in these areas without a fight. Just look at how government insiders in Europe are doing everything in their power to keep Brexit from happening.

More Government Spending Won’t Make The Economy Grow, by Frank Shostak, at mises.org.      Excerpt from the article:

“…through the increase in real savings, a better infrastructure can be built and this in turn sets the platform for a higher rate of economic growth.”

“Higher economic growth means a greater quantity of consumer goods, which in turn permits more savings and also more consumption, all other things being equal. With more savings, a more advanced infrastructure can be created and this in turn sets the platform for further strengthening in economic growth.”

“Note that the savers here are wealth generators. It is wealth generators that save and employ their real savings towards the buildup of the infrastructure. The savings of wealth generators is employed to fund various individuals that are specialized in the making and the maintenance of the infrastructure. Real savings also fund individuals that are engaged in the production of final consumer goods.”

“Since government does not produce any real wealth, it obviously cannot save and therefore it cannot itself “fund” any activity. Hence for the government to engage in various activities it must divert funding (i.e. real savings) from wealth generators.”

“As a rule, such activities amount to providing support to various non-productive activities that add nothing to the pool of real funding — for instance, providing a large amount of money to various non-productive activities in order to protect employment.”

“Since government activities in essence only consume and do not generate real savings, government cannot grow an economy. An increase in government spending thus means the weakening of wealth generators, and thus it is not strengthening economic growth as popular thinking and various empirical studies assert.

Markets Saved The Whales In The 19th Century, by Vincent Geloso, at aier.org.      Excerpt from the article:

“At the time of writing Moby Dick, market forces were already beginning to operate in the United States as to push the industry into decline. That decline, unlike that observed elsewhere, was not the result of a dramatic decline in whale populations. Quite the reverse as it appears that the American industry did not overhunt whales (unlike the whaling industries of other countries). If anything, the story of Moby Dick takes place on a background, warns us of the unforeseen consequences of government intervention and point to the potency of market forces in terms of protecting the environment.

Brexit Is A Symptom, Not the Problem, by Tom Luongo, at tomluongo.me.

Excerpt from the article:

“We live in a rapidly decentralizing age where technology gives us access to information in real time that used to take us months, if not years, to properly disseminate and then it was only to those who were already fellow travelers.”

“And that has empowered in ways no one currently wielding power is comfortable with.”

“The reality of reaching out en masse to others along the political and socio-economic spectrum to discuss the merits of changing the course of society was simply not possible even ten years ago.”

“And today those forces of decentralization are the real problem facing these elites who have enjoyed the illusion of running the world for the past few generations.”

“But these events like Brexit, Trump, Catalonia and others are castigated as the real problems not the symptoms of the much deeper problems caused by unsustainable political and economic systems based on fraud, cheap money, theft and propaganda.”

“And today, three years after Brexit and Trump’s victory, powerful forces are working expressly against the people to overthrow both of these results through cynical and reprehensible acts of political vandalism, hamstringing leadership without a care of the long-term societal damage it is causing.”

“In fact, I’d argue that the societal damage is the goal of these moves to thwart the people’s desires in the hope that they take it out on each other rather than the ones setting the table in the first place.”

 

MISCELLANEOUS

Transit Cop Arrests Man For Eating In Public, at themindunleashed.com.    This shows we have too many laws on the books.  Shouldn’t officers spend their time enforcing laws against real criminal behavior?

How School Districts Put Politics Before Children, by Matthew Bankert, at mises.org.       At every level of government people with power are tyrants and are dangerous to individuals.

The ‘Sissifying’ Of America Continues, by Sarah Cowgill, at zerohedge.com.     Football coach gets suspended because his team won their game by more than 42 points. According Nassau County NY’s  Secton 8 Lopsided Score Committee, being 42 points behind is the arbitrary number of points that embarrasses individuals on the other team. What’s the difference between 40, 41, or 42? Are they not embarrassed when they are down 40 points? Is 52 to 10 worse than 50 to 10?

We hurt our kids ability to deal with life when we shelter them from reality.

 

TRUMP THE OUTSIDER vs. THE STATUS QUO INSIDERS

Trump Foreign-Policy Doctrine: Deter Enemies Without Intervention, by Victor Davis Hanson, at nationalreview.com.      “Trumps new foreign policy bets that a booming economy, a beefed-up military, and U.S. energy dominance will deter enemies without the need for preemptive invasions.

And who sets foreign policy for the US? The President or the State Department? If you said the President you were correct.

Donald Trump Versus ‘The Interagency Consensus, by Mark Hemmingway, at thefederalist.com.        Excerpt from the article:

“Trump was elected in no small part because tens of millions of Americans do not approve of business as usual in Washington, and specifically the lack of democratic accountability that can be brought to bear on the status quo. And Trump is enough of a natural disruptor that he threatens that status quo in both good and questionable ways. In response, lots of people in D.C. are willing to bend the rules to stop him.

“Further, long before Trump arrived there was so much institutional pressure and money sloshing around in the federal government, not mention the trips through the revolving door between already well-compensated federal jobs and even better compensated special interests. Any responsible person ought dispense with the idea that civil servants are always, well, civil. And they ought to apply the same level of appropriate scrutiny and suspicion to federal employees in the news as we do politicians. At least with politicians we have ourselves to blame, but nobody elects an “interagency consensus.”

The Military-Intelligence Complex, by Victor Davis Hanson, at amgreatness.com.     Excerpt from the article:

“Many retired high-ranking military officers have gone beyond legitimately articulating why President Trump may be wrong on foreign policy, and now feel free to smear him personally or speak openly of removing their commander-in-chief from office. And the media and the bipartisan foreign-policy establishment are with them every step of the way.”

“Had any of the current generals said anything similar about President Obama in the fashion they now routinely attack Trump, their public careers would have been ruined.”

Attacking Trump in “contemptuous” fashion is not speaking truth to power but a confirmation of the existing status quo of the media, progressive orthodoxy, and the general Washington bipartisan bureaucracy.”

Its Trump Vs. The Deep State vs. The Rest Of Us, by Ryan McMaken, at mises.org.     Excerpt from the article:

“One of the best side effects of the Trump presidency has been the hostility of the so-called “deep state” or “intelligence community” directed at the president.”

“This, in turn, has led many Americans to realize that America’s powerful, un-elected secret police agencies serve an agenda all their own, and that they choose sides in political controversies. Consequently, polls show one’s views of the CIA and the FBI depend largely on one’s ideological bent”

“But the fact Trumps considered an outsider in Washington by so many should suggest there are reasons to support him over the entrenched bureaucracy.”

Yes, Virginia, There Is A Deep State And It’s Feeding The Anti-POTUS Mob, by David Stockman, at targetliberty.com.      Excerpt from the article:

“Whether out of common sense, naiveté or just contrariness, the Donald has dared to question and disrupt the Empire’s core policy on the Ukraine/Russia file. And that’s apparently exactly why the whistleblower de jour, Lt. Col. Alexander Vindman, wrote his now ballyhooed memos.”

“He feared that Trump’s appropriate desire to get to the bottom of the well-documented Ukrainian involvement in the Obama Administration’s illegal spying on his 2016 presidential campaign would undermine the bipartisan consensus on Capitol Hill for Washington’s utterly wrong-headed Ukraine policy.”

“Stated more crudely, Washington overthrew the duly elected government of Ukraine in early 2014 because its leader was deemed too cozy with Moscow. And in the vanguard of that illegal meddling in the governance of a sovereign foreign state was Obama’s state department led by neocon Assistant Secretary Victoria Nuland, Washington’s self-appointed roving proconsul John McCain and at length Vice-President Joe Biden.”

Anatomies Of 2020 Election, by Victor Davis Hanson, at nationalreview.com.

Excerpt from the article:

“What sinks presidencies, either preventing reelection or de facto ending them in stasis and crises are unpopular wars (Vietnam, Iraq), perceived recessions (1980, 1992), or major scandals (Watergate). Trump may cause furor by pulling back tripwire troops in Syria, but the move will probably continue to poll at over 50 percent with the public. He is unlikely to insert forces in optional engagements. A tit-for-tat missile or bombing response to an Iranian or ISIS attack would likely win approval.”

“Impeachments and scandals, as the case of Bill Clinton reminds us, are two different things. So far, Donald Trump is the most transparent, investigated, and cross-examined president in history. The result is not much dirt, but a lot of now-predictable and boring duds — the voting machines, impeachment 1.0, the emoluments clause, Stormy, Michael Avenatti, Michael Cohen, the 25th Amendment, the McCabe-Rosenstein Keystone Kops coup, Robert Mueller’s investigation, taxes, and now Ukraine.”

“The public may find the latest blood sport amusing at first and support an inquiry. But as it drags on and Schiff burns up the Constitution, they will tire and prefer to weigh in during the election — when they will likely opt for a continued resurgent U.S. and a strong economy over socialism and finger-wagging at a sinful America.”

10 Reasons I Like Donald Trump, From A Former-Democrat Immigrant, by Saritha Prabhu, at thefederalist.com.   Here are a few reasons she likes Trump:

First, he is sui generis, a singularly unique individual who has single-handedly transformed almost everything about American politics.

Second, by loudly questioning everything in his unorthodox way he has made us re-examine many things.

Fifth, he is clearly a no-ideologue and pragmatic.

Seventh, he has had the greatest influence, perhaps, in transforming how we talk about needless, endless foreign military incursions.

Tenth, I like his chutzpah and pugilistic style, with its underlying theme of “Honey Badger don’t care.” It’s perfectly suited for this moment, where the overarching issue is: Who is really in charge in this republic, the voters or arrogant, unelected federal bureaucrats who think they know best and try to override the will of voters? He seem uniquely suited to take on the combined onslaught coming from many quarters.”

 

SATIRICAL HEADLINES

From The Babylon Bee

Millennial Wishes There Were Some Historical Examples Of Socialism We Could study To Have Some Idea How It Might Turn Out, at babylonbee.com.

Airport Revenues Soar After Allowing Travelers To Pay To Turn Off CNN, at babylonbee.com.

Cop On Laptop Protecting Community From Drivers On Cell Phones, at babylonbee.com.

Authorities Horrified At Women Who Killed Baby With Meth Instead Of Traditional Sucking-Device, at babylonbee.com.

CNN Criticizes Pregnant Woman For Shooting Poor, Defenseless Man Who Was Simply Seeking Asylum In Her Home, at babylonbee.com.

Elizabeth Warren’s Plan To Pay For Medicare For All: Spend So Much The National Debt Clock Rolls Over To Zero, at babylonbee.com.

Kamala Harris Proposes Dropping Kids Off At School When They Turn 5 And Picking Them Back Up When They Turn 30, at babylonbee.com.

 

CARTOONS

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I Want To

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Political Cartoons by Tom Stiglich

Political Cartoons by Pat Cross

Political Cartoons by Tom Stiglich

 

Must Reads For The Week 10/26/19

Posted October 29, 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

 

ECONOMICS

What’s Holding Up The Market? by Charles Hugh Smith, at oftwominds.com.    Excerpt from the article:

“…..the primary prop under stock valuations are corporate buybacks, which total in the trillions of dollars since the 08-09 Global Financial Meltdown and the Fed’s “rescue of the rich,” which continues to this day.”

“Rather than risk capital in productive investments, U.S. corporations have borrowed trillions of dollars and used the cash to buy back their own shares. The Fed’s suppression of interest rates has incentivized stock buybacks…..”

“When it’s cheap to borrow billions, the biggest bang for the buck is to use the borrowed bucks to buy back shares, which creates an illusion of growth as per-share sales and earnings both rise as shares are withdrawn from the public market.”

“….the company appears to be more profitable, and so its valuation based on its price-to-earnings ratio (P-E) adjusts higher, even tough revenues and earnings have remained stagnant.”

“Fed policies effectively replace capitalism (investing capital productively and accepting risk) with creditism, a debt-dependent speculative system that transfers risk to the Fed and the taxpayers (i.e. profits are private, losses are socialized).

“Fed policies effectively replace capitalism (investing capital productively and accepting risk) with creditism, a debt-dependent speculative system that transfers risk to the Fed and the taxpayers (i.e. profits are private, losses are socialized).”

Our Time/Labor Is Finite, But Money Is Infinite, by Charles Hugh Smith, at oftwominds.com.    Excerpt from the article:

“….creating new fiat currency and injecting it into a closed system (our financial system) controls and restrains the value of our time and labor, past, present and future.”

“The near-infinite creation of new currency devalues past labor by destroying the value of pensions and savings, devalues the value of today’s labor and of labor’s future earnings.”

“….. the purchasing power of labor’s earnings are steadily devalued, and much of the remaining earnings are devoted to servicing debt that was taken on to stay afloat financially.”

“Meanwhile, those receiving the central banks’ free money for financiers can use this new currency (i.e. low-cost credit) to buy up income-producing assets and leverage speculations that reap enormous capital gains, as assets are never allowed to drop in value because “the Fed has our backs.”

“And why does “the Fed has our backs”? Because the system implodes once debt and currency creation stop expanding.”

Adverse Consequences of California’s Class-Warfare Tax Policy, by Daniel J. Mitchell, at danieljmitchell.wordpress.com.     The laws of economics eventually win out over the plans  of central planners. High income earners are fleeing California’s high taxes and moving to no income tax states like Nevada, Texas and Florida. This was totally predictable to everyone except the central planning politicians who run California.

The NBA’s China Problem Due To Political Control Over Markets, by Richard Ebeling, at aier.org.        Excerpt from the article:

“The dilemma that the NBA and its affiliates find themselves in with the Chinese government is the latest example of why a free society is not sustainable without a functioning free market that is widely free and independent from the power of those in political authority

 

POLITICS

The Conspiracies Are Broad And Deep, at theburningplatform.com.    Excerpt from the article:

“No matter where one stands today in regards to American politics, one thing is very clear: We are in the midst of a narrative war.”

Universities Breed Anger, Ignorance, And Ingratitude, by Victor Davis Hanson, at nationalreview.com.     Excerpt from the article:

“What do widely diverse crises such as declining demography, increasing indebtedness, Generation Z’s indifference to religion and patriotism, static rates of home ownership, and a national epidemic of ignorance about American history and traditions all have in common?”

“In a word, 21st-century higher education.”

“A pernicious cycle begins even before a student enrolls. A typical college-admission application is loaded with questions to the high-school applicant about gender, equality, and bias rather than about math, language, or science achievements. How have you suffered rather than what you know and wish to learn seems more important for admission. The therapeutic mindset preps the student to consider himself a victim of cosmic forces, past and present, despite belonging to the richest, most leisured, and most technologically advanced generation in history. Without a shred of gratitude, the young student learns to blame his ancestors for what he is told is wrong in his life, without noticing how the dead made sure that almost everything around him would be an improvement over 2,500 years of Western history.”

Make The Truth Irrelevant, by Robert Gore, at straightlinelogic.com.          The Main Stream Media no longer is interested in what is true but what advances their narrative. So where do people go to find out the truth if they are fortunate enough to understand that the MSM is not seeking the truth? As busy as most people are do they have the time to seek the truth?

Why Do They Hate Him So? by Victor Davis Hanson, at amgreatness.com.     Excerpt from the article:

“….. why the unadulterated hatred? For the small number of NeverTrumpers, of course, Trump’s crudity in speech and crassness in manner nullify his accomplishments: the unattractive messenger has fouled an otherwise tolerable message.”

“Far more importantly, why do the media, academia, the entertainment and professional sports industries, the progressive Left, the administrative state, and most Democratic officeholders despise him so?”

“His brashness bothers them of course. His quirky tweets and name-calling certainly. His loud rallies, his public put-downs, and his feuding are certainly not matched by those of past presidents.”

“But the real source of their antipathy is his agenda.”

“Had Donald Trump in his first month as president declared that he was a centrist Republican ….. and promoted cap-and-trade and solar and wind federal subsidies, tabled pipeline construction and abated federal leasing for gas and oil production, stayed in the Iran nuclear deal and Paris Climate Accord, appointed judges in the tradition of John Paul Stevens and David Souter, praised the “responsible” Palestinian leaders, pursued “comprehensive immigration reform” as a euphemism for blanket amnesties, then Trump would be treated largely as a George H.W. Bush or George W. Bush: hated, of course, but not obsessively so.”

“Had Trump kept within the media and cultural sidelines by giving interviews to “60 Minutes,” speaking at the White House Correspondents’ Dinner, bringing in a few old Republican hands to run the staff or handle media relations like a David Gergen or Andrew Card, Trump would have been written off as a nice enough dunce.”

“But Trump did none of that. So, the hatred of the media, the Left, the swamp, and the celebrity industry is predicated more on the successful Trump agenda. He is systematically undoing what Barack Obama wrought,”

 

MISCELLANEOUS

Brexit Parliament Tethers Britain To A Failing Experiment, at zerohedge.com.     The EU is failing because the central planning of economic decisions leads to an eventual collapse. The history of the world is littered with failed experiments of central planning.

Merkel Admits German Multiculturalism Has “Utterly Failed”, at zerohedge.com.     She should have known this before the fact.

State Department Probe Of Clinton Emails Finds No Deliberate Mishandling Of Classified Information, by Greg Miller, at washingtonpost.com.       Excerpt from the article:

Overall, investigators said, “there was no persuasive evidence of systemic, deliberate mishandling of classified information.” The report cited “instances of classified information being inappropriately” transmitted, but noted that the vast majority of those scrutinized “were aware of security policies and did their best to implement them.

The law states that Gross Negligence and not deliberate intent is the standard for breaking this particular rule. If you are interested you can read the statute here (Laws Don’t Constrain Our Ruling Aristocracy)

Will The Democrat Party Exist After 2020 Election? at zerohedge.com. Good Question!

Will The Clintons Destroy The Democrat Party? by Charles Hugh Smith, at oftwominds.com. Better Question?

Polar Bear Expert Purged, by Craig Rucker, at cfact.org.      Excerpt from the article:

“The truth is the polar bear population is increasing.”

“It appears that telling the truth about polar bears made Dr. Susan Crockford, a respected, published Canadian zoologist, the victim of an ideological purge.  First she was removed from the University of Victoria’s speakers bureau, and then not renewed to her position as an adjunct professor.”

Quotations Of The Day On Climate Alarmism, by Mark J. Perry, at carpediemblog.    Here are a few.

– “Controlling carbon is a bureaucrat’s dream. If you control carbon, you control life.” (MP: Of course, you also control people.)

– “When an issue becomes a vital part of a political agenda, as is the case with climate, then the politically desired position becomes a goal rather than a consequence of scientific research.”

Texas Father Blocked From Stopping Gender Transition Of Son James 7, To Girl Called Luna, by Ellie Bufkin, at washingtonexaminer.com.         This is child abuse. A seven year old can’t possibly understand gender transition. Let a kid make this decision after he reaches the age of consent, not before.

6 Crazy School Responses To Parents Mad About LBGT Indoctrination, by Joy Pullmann, at thefederalist.com.       Indoctrination is the right word.

 

SATIRICAL HEADLINES

Motorcyclist Who Identifies As Bicyclist Sets Cycling World Record, at babylonbee.com.

Moloch Announced Forcing Your Kids To Become Transgender Is Acceptable Form Of Sacrifice, at babylonbee.com.

Pete Buttigieg Tries Appealing To Moderate Boomers By Announcing He Doesn’t Agree With His Choice To Be Gay But Respects His Decision, at the onion.com.

Groundbreaking Pew  Research Study Finds Pews Are Uncomfortable, at babylonbee.com.

Congress Claims Situation In Syria Is Bad But Not Bad Enough For Them To Actually Declare War, at babylonbee.com.

 

CARTOONS

From theburningplatform.

 

Political Cartoons by Gary Varvel

Political Cartoons by AF Branco

Political Cartoons by Pat Cross

Political Cartoons by Gary Varvel

Political Cartoons by Al Goodwyn

Political Cartoons by Steve Kelley

Political Cartoons by Pat Cross

 

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

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