I wonder if the major corporations realized how out of touch they were when they started this nonsense. It seems that DEI, CRT and the rest of the alphabet wokeness isn’t selling any products. It’s part of the self destruction, like the Portland post below that shows most of regular people are tired of this woke crap.
The companies that were trying to get ESG points from Blackrock are paying a high price for their actions.
The rest of us just want some sanity and to get back to normal life. Those of us who are fed up just stopped buying the products from these weirdo’s. Don’t force that on us to make yourselves feel better.
Just two months ago, transgender influencer Dylan Mulvaney was flying high with endorsements from Bud Light, Nike and Maybelline, to name a few. Hot off her “365 Days of Girlhood” journey on social media, she was also enjoying an elaborate musical event staged at the Rainbow Room in her honor.
That was then. But now, after the backlash against Bud Light’s decision to partner with Mulvaney on social media and feature her face on beer cans, other trans influencers say they’re feeling the heat as well.
Some told The Post that, at a time when they are usually in high demand — the period leading up to Pride Month in June — brand partnership offers are drying up.
Rose Montoya, who has 1 million followers on TikTok and Instagram, said she’s noticed a big drop-off in the number of deals she’s been offered.
Prior to Pride Month last year, Montoya — a Seattle University graduate who bills herself as a content creator, trans advocate, model and actress — was getting up to 100 brand partnerships thrown her way. Now, she said, it’s been reduced to a trickle of maybe 12 or so offers.
Trans influencer Rose Montoya says many of her usual brand partnership offers have dried up in the wake of the Dylan Mulvaney Bud Light fiasco.
“Last year was my best yet,” Montoya, 27, told The Post. “I had everything — skincare brands, TV networks, advocacy groups, lots of start-ups. They all reached out. Now I’m not hearing from them.”
While she noted that “the market has also become over-saturated with influencers since 2000,” Montoya added that “the average queer creative makes all their money in June —enough to live on for the rest of the year. And the fact that there’s been a chill probably isn’t helped by the whole Bud Light thing.”
Montoya said that she can get up to $15,000 for a brand partnership. Some of her contracts are for six months at a time, and she hopes to renew one of those soon.
Let’s compare it to the 45th President, whom the above attack by claiming he did what they actually did, like take under the table deals with Russia/Ukraine/China, cause racial divide and hurt race relations, break the law, weaponize the Justice Department, Divide the country, assault women (Hillary did it by attacking the victims of her rapist husband). The dichotomy is mind-boggling.
Trump did it while being attacked by the media, celebtards, the justice department, both houses and parties of congress and social media.
1. Unemployment and economic growth.
•Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.
•Unemployment for women hit its lowest rate in nearly 70 years.
•Lifted nearly 7 million people off food stamps.
•Poverty rates for African Americans and Hispanic Americans reached record lows.
•Income inequality fell for two straight years, and by the largest amount in over a decade.
•The bottom 50 percent of American households saw a 40 percent increase in net worth.
•Wages rose fastest for low-income and blue-collar workers – a 16 percent pay increase.
•African American home ownership increased from 41.7 percent to 46.4 percent.
Trump, of course, is a “racist” and “sexist” to liberals; it is one of their prime charges against him, with absolutely no proof. It is hard to understand, though, why a man who hates minorities and women so much would institute policies that would be so beneficial to them.
2. Tax Relief
•Strengthened America’s rural economy by investing over $1.3 billion through the Agriculture Department’s ReConnect Program to bring high-speed broadband infrastructure to rural America.
•More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.
•A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.
•Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.
•Doubled the child tax credit.
•Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.
•Over $1.5 trillion was repatriated into the United States from overseas.
•Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero.
Americans were able to keep more of the money they earned. Only a Marxist (yes, Democrat) would object to that.
3. Regulations
•Instead of 2-for-1, Trump eliminated 8 old regulations for every 1 new regulation adopted.
•Provided the average American household an extra $3,100 every year.
•Removed nearly 25,000 pages from the Federal Register – more than any other president. The previous administration added over 16,000 pages.
Mr. Trump was very pro-business, something else that is anathema to the Left. Yet, the removal of onerous, needless regulations, not only helped small business owners, but cheapened costs and provided more money for average Americans.
4. Trade
•Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP).
•Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA).
•The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers.
•Negotiated another deal with Japan to boost $40 billion worth of digital trade.
•China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect.
•Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974.
•Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports by 180 percent to $420 million.
•Successfully negotiated more than 50 agreements with countries around the world to increase foreign market access and boost exports of American agriculture products, supporting more than 1 million American jobs.
Economics is not something most Americans understand very well, thus the benefits of the above are not easily understood, or quickly perceived or felt, by most. Yet, the list is clear enough to make the Left angry. Mr. Trump negotiated trade deals that benefited the United States. He still had much to do in that regard, but he was denied another four years in which to do it. Obviously, the country has suffered greatly the last two years because of that.
No more censorship of one side of the political argument. The press can still hide and distort the broadcast news, but we are back to the 2016 rules of election. That is the one where everybody gets to have their say.
Maybe there is a chance for the truth to come out. It’s Twitter and is going to take a long time to wash the blue stain off of their reputation.
You gotta admit, that’s pretty fricken’ high in that picture. It’s just like the price of gas, which is still way over $1 from just 2 years ago, when we were energy independent.
That reminds me of the song, Roll Me Up And Smoke Me When I Die, with both of these gentlemen singing. Enjoy.
During the 2020 Election, Biden warned Americans that it’s going to be a “dark winter”.
At the final presidential debate, Democratic nominee Joe Biden warned Americans that it’s going to be a “dark winter” and said President Trump has “no clear plan” to deal with the continuing coronavirus pandemic.
While it turns out he never had a plan for Covid, Biden is going to deliver on a fuel and food shortage that will make the prediction come true. By waging a war on fossil fuels, it is going to come true, just not about Covid-19.
After being elected and approving the Nord Stream pipeline, Russia had a death grip on the throats of most of Europe. Germany decided to ignore the warnings of the prior president about shutting down their power plants in a Green Washing campaign.
Let’s see how the predictions are coming.
First, Covid is pretty much over. Ivermectin worked and the Jab didn’t and we didn’t have a Covid Winter.
Next, the cold dark winter was really about energy. Tell the story about Climate Change to move money around based on scare tactics.
Unfortunately, they have come through.
German public broadcaster DW News reported a few of the new energy regulations:
Illuminated advertising must be switched off after 10p.m., with only a few exceptions. If advertisements serve traffic safety, they remain switched on, for example, at railroad underpasses. Street lamps also remain on, and store windows may continue to be illuminated.
Monuments and other buildings may no longer be illuminated at night. At least not for purely aesthetic reasons. However, emergency lighting will not be switched off, and illumination is permitted for cultural events and public festivals.
In public buildings, halls and corridors will generally no longer be heated, and the temperature in offices will be limited to a maximum of 19 degrees. In places where heavy physical work is performed, temperatures will be even lower in the future. However, the restrictions do not apply to social facilities such as hospitals, daycare centers, and schools, where higher air temperatures are essential for the “health of the people who spend time there,” according to the Economy Ministry.
In 2011, German Chancellor Angela Merkel decided to quit nuclear energy, and run Europe’s biggest economy on solar and wind power. “Merkel, her allies say, is ready to lead Germany into an era in which wind and solar energy can replace nuclear plants,” The New York Times declared at that time.
Since these renewable energy sources were highly unreliably, Merkel’s government decided to plug the gap with Russian natural gas. Berlin invested billions in joint pipeline projects with Moscow, including the now-defunct 760-mile Nord Stream 2 pipeline that ran under the Baltic Sea.
German politicians and media scoffed at every criticism of their dealings with Russia. President Donald Trump was widely mocked in Germany for suggesting that the country was getting fatally dependent on the Kremlin for its energy requirement.
As Russia now shuts down the gas supply, President Trump’s words appear almost prophetic. The German weekly Der Spiegel notes: “Europeans, and Germans in particular, risk running out of gas in the winter if supplies through Nord Stream, the pipeline that delivers gas directly from Russia to Germany, don’t increase again.” With the remaining nuclear power plants going out of commission and no viable substitute to Russian gas, Germany faces a disaster of its own making
Next warning from a WEF Young Global Leader: ‘Up to ten difficult winters ahead’
Government officials across Europe are warning that a “difficult winter” is ahead. Belgian Prime Minister Alexander De Croo, a Young Global Leader of the World Economic Forum, has stated that not only this winter but also the coming years will be difficult.
“The next five to ten winters will be difficult,” said De Croo at port company ICO Terminals in Zeebrugge. “The coming months will be difficult, the coming winters will be difficult. That’s what you can expect. Hope for the best, be prepared for the worst.”
The year 2030 will dawn in eight “difficult winters”. Coincidence?
Following De Croo, French President Emmanuel Macron, also a WEF Young Global Leader and former Rothschild banker, also warned of a difficult winter and other problems ahead. “Perhaps this is the end of an era of plenty,” he said ominously.
“Our country is at a turning point. It’s going to be a difficult winter,” Macron said at his government’s first meeting after the summer break. “This could be the end of an era of abundance. From a plethora of technical products that always seemed to be available. Of wealth on land and water.”
The Spanish government also warned of bad times. “We don’t know what kind of winter is coming. The winter will be very harsh,” Defense Minister Margarita Robles said in an interview with the radio station NRE.
It’s called the “Grand Solar Minimum”. The last mini-ice age started roughly 1250 and lasted until 1850 with a few minor warming spells in between. Although I assume that the current and coming crises are staged and staged and staged some more by those fear-porn starlets that are bending over backwards to please their pimps and the fear-porn pusher and addicts of the MSM. The real problem is the world’s unbelievably high national debt. Why else was there suddenly “Corona” all over the world? No country can ever repay its debt. The current crises are then ideal for assigning blame, and the result will be a basic income for ordinary people. This will be processed digitally. There will be no more cash and nothing to be made on the side to put food on the table. Then the “Great Reset” is complete and there will only the big corporations left. The small businesses will have been destroyed, and it will be similar to China. This means we are completely at the mercy of the “elites”, who have shown that they have NONE.
With even Zoltan Pozsar warning that Europe faces an apocalypse of sorts now that the Eurussia divorce is complete and energy prices in Europe are hitting fresh daily record highs every single day – just today, German 1Year forward baseload electricity rose above €1000, or 10x where they were a year ago, before easing after European nat gas prices plunged the most since March after Germany said its gas stores are filling up faster than planned ahead of winter…
… moments ago the European Union appears to have finally realized that it faces an armed revolt this winter, or worse, when millions face freezing cold without power and heat (see “This Is Beyond Imagination”: Polish Homeowners Line Up For Days To Buy Coal Ahead Of Winter“), and announced that it was planning “urgent steps” to push down soaring power prices, Commission President Ursula von der Leyen said on Monday.
“The skyrocketing electricity prices are now exposing, for different reasons, the limitations of our current electricity market design,” von der Leyen said in a speech at the Bled Strategic Summit in Slovenia, pointing out what has been obvious for years to those who warned repeatedly that Europe should probably not take make its energy policy based on the idiotic ravings of a self-absorbed, petulant, Scandinavian teenager (Greta T). “It was developed under completely different circumstances and completely different purposes.”
RUSSIA CUTTING OFF THE OIL, GREEN FAILS
With Russia squeezing gas deliveries, power-plant outages further sapping supply, while droughts and lack of wind make a mockery of “green” energy sources, the pressure is growing on EU leaders to act quickly or risk social unrest and political upheaval. Czech Prime Minister Petr Fiala is seeking backing for his price-cap plan and plans to discuss possible limits with German Chancellor Olaf Scholz.
“High energy prices are a Europe-wide problem that we need to tackle at European level,” Fiala said on his Twitter account. “Ahead of the EU Energy Council we want to find a way to help people and businesses that we can agree on with other European leaders.”
Czech officials are proposing to cap prices of natural gas used for power generation, Industry and Trade Minister Jozef Sikela said on Monday.
“We may open the question of emission allowances, as some other member states have done in past, that also present a major part of the total price,” Sikela said. “We may open the question of the overall market regulation, total decoupling of the prices,” adding that the bloc cannot meddle too much with the market or fuel speculation.
Amusingly, EU member states have already earmarked about 280 billion euros (or roughly the same in USD now that we are at parity) in measures such as tax cuts and subsidies to ease the pain of surging energy prices for businesses and consumers, but the aid risks being dwarfed by the scale of the crisis. In other words, the ECB will be hiking rates even as it has to inject even more liquidity into the market to enable the latest helicopter money stimulus. Governments have also started to limit energy use, banning outside lighting for buildings in Germany and lowering indoor heating temperatures, to meet the EU voluntary target of cutting gas demand by 15%.
On Saturday, Belgian Prime Minister Alexander De Croo warned that the EU can’t continue resolving the problem of sky-rocketing energy costs by cutting taxes and called for a price cap instead. Should the bloc fail to reach an agreement, Belgium will consider national measures, he told VTM television.
Summer is over. The winter is coming. So are the elections.
Most of what I really learned happened after I started working. I get that an Ivy League degree gets you into the club in New York, but the rest of the world doesn’t care. The good workers rise to the top no matter where you studied.
Now, what you study matters. See below for examples.
I made some references below to everyone going to school. It’s not true. I’ve worked with plumbers who didn’t graduate high school, but had a Ph.D in their hands. They are as successful or more than a lot of college grads I’ve had to put up with.
I think the right college and the right degree are good and can be useful in life. You have to make the right choice on both. I don’t see a lot of that these days by those who need loan forgiveness.
Hello Harvard. The working world is pointing at you.They teach you to be a victim and to blame othersThe Meathead in the family thinks everyone has to go to college.More evidence for Meathead.
And finally, the truth of the whole student loan crisis.
The rest of the money was laundered to Hunter, Joe, Hillary, Nancy, Schumer, Obama, Congress and the other millionaires not suffering during inflation. The middle class got buggered. They are the 1% they want us to hate.
Look at Steven Miller 4 meme’s below for the bookend to this next one.
And Peppermint Patti Psaki was so proud of her lie last year.Mauricio Godoy can understand this one.And he does anything the opposite of what Trump did for our Nation for spite, and it turned to shit.Except at election time when the politicians lie and promise free money, insurance, tuition, phones, mortgages…
It always ends with this when you listen to the current administration. It started with Wilson, FDR, BJ Clinton, both Bushes, Obama and Joe. If you think they have your interests in mind, you are sadly mistaken.
By death, I mean the first time it was allowed to be fully implemented and the world can see the destruction of deficit spending. It is how it will end when Keynes is allowed to play out without interference.
I’ve always wondered what could happen in a pure Milton Friedman or Keynes economy. It’s been more Friedman since the failure of the The New Deal, a Keynesian try and spending your way out of a depression. Of course WWII and a good economy actually did it, supporting Friedman, but it hasn’t stopped many presidents since then of trying it. Friedman’s capitalistic ideas brought more freedom and prosperity than the current philosophy
I don’t think they believe anything about Keynesian economics other than the part about government spending, because the Keynesian politicians use to to launder money back to into their pockets.
We know the New Deal (like the Green New Deal) failed and just spawned other failures like welfare, the Great Society and now Build Back Better.
At least we know how it turns out in a Keynesian model now, Build Back Broke. It gives power to the few and the government, which is not how our republic succeeds.
Everyone can see our economy being destroyed. Gas prices, food shortages, wars, inflation, border security…all there in back and white. They are socialistic policies that have a zero record of success.
The motto of the interloper now serving in the White House is “Build Back Better” – and the trillions to “build back” is an updated version of the New Deal on steroids. The Dems spend to a new level of excess which, for them, is ecstasy. In fact, a better name for their spend, spend, and spend more programs should be “Excess Ecstasy Exhilarates.” The foundation of the New Deal was found in the economic theory of John Maynard Keynes. Keynes was a British economist who developed the theory of ‘deficit spending’ – the idea that the government going into debt would jump-start the depressed economy which, then, would experience reinvigoration. There would be more employed, tax-paying citizens as well as corporate profits which would, in turn, restore the needed balance to the federal books. The deficit spending would restore a solvency that was lost due to the Great Depression.
In practice, this did not work out (unemployment was still in double digits throughout the 1930s), but because of the passage of the Wagner Act, which made it easier for workers to organize into unions, and because of the use of the radio for the well-known “Fireside Chats” – a real novelty in American politics which intensified public support for FDR – and because of residual anger towards the Republicans who had maintained power throughout the 1920s and were thus assumed to be the ones who had caused the Depression, Keynesian economics became the go-to model for economic policy in the United States for all decades since that time.
However, the Keynesian model has been weaponized under Build Back Better in a most sinister way. The present shift is to make us more amenable to the globalist fantasies gaining popularity in recent decades to ensure a transition towards world governance and a cooperative world economy (rather than a competitive one) under the cloak of “meeting needs” and “sustainability.” These two concepts are key pillars in a document written and published by the United Nations called Agenda 2030. Although the original United Nations Universal Declaration of Human Rights of 1948 stressed the need for individual rights after WWII and promoted those rights in nearly every sentence of that document, the present document – Agenda 2030 – only refers to rights in one of the ninety-one sections: Section 19.
Instead of rights, needs are emphasized. This is consistent with the Communist Manifesto authored by Karl Marx and Friedrich Engels in 1848. A key principle in that document is “from each according to his ability, to each according to his needs.” The actual needs of people would be the uppermost goal of envisioned communist society rather than ideas like rights, freedom, responsibility, property ownership, pursuit of happiness, or even security. The new communistic premise is that if needs are met then people will automatically experience security and happiness and will not need the abstract fluff of such bourgeois, outdated, and elitist ideas as rights, freedom, or ownership. Further, the meeting of communist needs must be based on sustainability. If we run out of energy, clean air, or water at some point in the future, we would then not be able to meet peoples’ needs. Therefore, plans and actions to sustain all the materials and planetary conditions that will keep us from running out of the natural resources are “necessary” – even if that means enslavement and tyranny. ‘Sustainability’ works in tandem with the ‘meeting of needs’ as a combination that is a cornerstone for a new world governance policy.
The Build Back Better plan superficially appears to be an updated and extravagant Keynesian or New Deal-style spending program, but the endgame is not economic recovery that forever establishes federal government dominance over the states in the socio-political realm. Rather, this BBB is the connection of an enlarged federal government and authority with a depreciation or elimination of U.S. sovereignty in favor of global, communist-style governance. But as if the endgame were not sinister enough, we see this updated Keynesian expansion of expenditures is not a result of economic collapse due to a devastating Depression, as was the justification in the 1930s.
Rather, simultaneously with expanded spending, the goal of the BBB plotters is to weaken the economy and usher in economic and socio-political chaos and mayhem. The southern border hands-off policy is literally facilitating the entrance of millions of unvetted persons. By limiting or eliminating natural gas and oil production in the territorial U.S. under the guise of protecting the environment, the feds incentivize other countries to expand their production of these energy sources. That production, which still means higher energy prices here in the U.S., has an equally negative effect on the world climate as fuel production in our country. But the brooding minds behind BBB want to see inflated prices. They want to see shortages. They want to see racial unrest. They want to see upsurges in crime as new theories of law inform the release of repeat offenders and shorter sentences to destabilize society. The BBB autocrats want to see a society that increasingly identifies as LGBTQ because this radical individualism weakens the social fabric. They want to see Chinese fentanyl imported to kill our citizens who are weak-minded and susceptible to drug use.
Thus, despite its resemblance to the New Deal, the BBB’s so-called governance (properly called betrayal) is at the front end linked to global health, green initiatives, and “interdependence” as an excuse for diminishing U.S. sovereignty. Initiation of these policies was not to combat financially depressive conditions but rather designed to undermine the freedoms and economic viability of the U.S. This might be likened to prescribing chemo to a patient who did not have cancer, and then, in order to justify the perverse treatment plan, injecting the patient with cancer cells in order to justify that plan. The goal of the sinister and aberrated “plan” would not be the recovery of the patient and return to normal living, but to place the “cured” individual into custodial care rather than independent living. That is the equivalent of a United States with diminished sovereignty in a world governance system.
Seriously, you go from the leading producer and exporter to begging other countries for gas in a year. Even are you smarter than a fifth grader could figure this out.
The cabal behind Biden pulling the strings is just like when Obama got elected. Undo everything Trump did (or Bush 43 back then) despite it’s effectiveness for us, the consumers. The people of the United States of America who the government is supposed to work for.
I wonder do they hate Trump or the people of the USA more? I’m feeling a lot of hate towards me and no one in the government cares about my existence except on tax day.
I have a truck, but only fill up a couple times max a month. I’ve gotten away in the forty dollar range recently for this.
To further let you know how bad this is, I got a .30 fuel points discount, so add that back you’ll see some real damage.
If they are so worried about climate change, then why are they paying more for gas from a different country and then more carbon produced getting it here.
I’m beginning to think the current administration is against America and Americans. This is easily fixable and worked well a year and half ago.
I have let the others describe the confusion and calamity that our nations leaders have caused, but this time they hit me, and hard.
More than anyone else, John von Neumann created the future. He was an unparalleled genius, one of the greatest mathematicians of the twentieth century, and he helped invent the world as we now know it. He came up with a blueprint of the modern computer and sparked the beginnings of artificial intelligence. He worked on the atom bomb and led the team that produced the first computerized weather forecast. In the mid-1950s, he proposed the idea that the Earth was warming as a consequence of humans burning coal and oil, and warned that “extensive human intervention” could wreak havoc with the world’s climate. Colleagues who knew both von Neumann and his colleague Albert Einstein said that von Neumann had by far the sharper mind, and yet it’s astonishing, and sad, how few people have heard of him.
Just like Einstein, von Neumann was a child prodigy. Einstein taught himself algebra at twelve, but when he was just six von Neumann could multiply two eight-digit numbers in his head and converse in Ancient Greek. He devoured a forty-five-volume history of the world and was able to recite whole chapters verbatim decades later. “What are you calculating?” he once asked his mother when he noticed her staring blankly into space. By eight he was familiar with calculus, and his oldest friend, Eugene Wigner, recalls the eleven-year-old Johnny tutoring him on the finer points of set theory during Sunday walks. Wigner, who later won a share of the Nobel prize in physics, maintained that von Neumann taught him more about math than anyone else.
Johnny’s plans (and by extension, the modern world) were nearly derailed by his father, Max, a doctor of law turned investment banker. “Mathematics,” he maintained, “does not make money.” The chemical industry was in its heyday so a compromise was reached that would mark the beginning of von Neumann’s peripatetic lifestyle: the boy would bone up on chemistry at the University of Berlin and meanwhile would also pursue a doctorate in mathematics at the University of Budapest.
In the event, mathematics did make von Neumann money. Quite a lot of it. At the height of his powers in the early 1950s, when his opinions were being sought by practically everyone, he was earning an annual salary of $10,000 (close to $200,000 today) from the Institute for Advanced Study in Princeton, the same again from IBM, and he was also consulting for the US Army, Navy and Air Force.
Von Neumann was irresistibly drawn to applying his mathematical genius to more practical domains. After wrapping up his doctoral degree, von Neumann moved to Göttingen, then a mathematical Mecca. There was also another boy wonder, Werner Heisenberg, who was busily laying the groundwork of a bewildering new science of the atom called “quantum mechanics.” Von Neumann soon got involved, and even today, some of the arguments over the limits and possibilities of quantum theory are rooted in his clear-eyed analysis.
Sensing early that another world war was coming, von Neumann threw himself into military research in America. His speciality was the sophisticated mathematics of maximizing the destructive power of bombs — literally how to get the biggest bang for the army’s buck. Sent on a secret mission to England in 1943 to help the Royal Navy work out German mine-laying patterns in the Atlantic, he returned to the US when the physicist Robert Oppenheimer begged him to join America’s atom-bomb project. “We are,” he wrote, “in what can only be described as a desperate need of your help.”
Terrified by the prospect of another world war, this time with Stalin’s Soviet Union, von Neumann would help deliver America’s hydrogen bomb and smooth the path to the intercontinental ballistic missile.
As he scoured the US for computational resources to simulate bombs, he came across the ENIAC, a room-filling machine at the Moore School of Electrical Engineering at the University of Pennsylvania that would soon become the world’s first fully electronic digital computer. The ENIAC’s sole purpose was to calculate trajectories for artillery. Von Neumann, who understood the true potential of computers as early as anyone, wanted to build a more flexible machine, and described one in 1945’s First Draft of a Report on the EDVAC. Nearly every computer built to this day, from mainframe to smartphone, is based on his design. When IBM unveiled their first commercial computer, the 701, eight years later, it was a carbon copy of the one built earlier by von Neumann’s team at the IAS.
While von Neumann was criss-crossing the States for the government and military, he was also working on a 1,200-page tract on the mathematics of conflict, deception and compromise with the German economist Oskar Morgenstern. What was a hobby for von Neumann was for Morgenstern a “period of the most intensive work I’ve ever known.” Theory of Games and Economic Behavior appeared in 1944, and it soon found favor at the RAND Corporation in Santa Monica, where defense analysts charged with “thinking about the unthinkable” would help shape American nuclear policy during the Cold War. They persuaded von Neumann to join RAND as a consultant, and their new computer was named the Johnniac in his honor.
Since then, game theory has transformed vast tracts of economics, the wider social sciences and even biology, where it has been applied to understanding everything from predator-prey relationships to the evolution of altruistic behavior. Today, game theory crops up in every corner of internet commerce — but most particularly in online advertising, where ad auctions designed by game theorists net the likes of Google and Amazon billions of dollars every year.
The release of the strategic oil reserve yesterday is good for a day and a half of consumption and won’t be available for the holiday travel. It won’t affect the price of gas at the pump.
Approximately 18 million barrels went to China and India.
Renew the leases, open the pipelines and stop the Vax mandate on the supply chain and watch the magic happen.
I of course expect none of this to happen, but if they wanted to help regular Americans….oh, and what we do affects the rest of the world so it would benefit others also.
But no, don’t get your hopes up. Expect the Carter years again.
I’ve stayed away from talking about Biden, like I stayed away from Trump. I’m not going to try to change anyone’s opinion of either, nor will I change mine. Politics is poison, so I’ll talk economics instead (OK, I’ll make a few sarcastic points because, that’s why).
I do see how this problem can easily be solved.
Today, the President announced that he’s opening up the strategic oil reserve to bring down the prices. This is little more than a band aid to a problem rather than a solution. That reserve was meant for a crisis, of which we are not in right now. By crisis, I mean an attack, an actual climate disaster like a hurricane or a non man made disruption in fuel production.
When taking office, he shut down production of fossil fuels via the Keystone Pipeline, Fracking and other independent (of other countries) production of oil. All was done in the name of sustainable sources and devices like electric cars. What is not said is that the generators of electricity are fossil fuel based, even for a Tesla. Also not said is we are not ready for decades to leave oil as a base for our energy and electricity needs.
Irony, hypocrisy and sarcasm, all in one.
The cynical me steps back and looks at the executive orders signed and it seems that Biden is just against anything the previous president did. Lots of presidents do that. One of them was energy independence. Recently, he asked the Saudi’s to produce more for us, although we have the ability to be the largest producer and exporter. They thumbed their noses at us.
To me, if you produce more, the price would go down. It seemed to work a couple of years ago and there is no reason not to have it work again. Stop the restrictions on fracking (which helped reduce our carbon footprint btw), get rid of the restrictions on fracking and get rid of the bureaucratic laws against our being energy independent and the price goes back down. It has nothing to do with production anywhere else, other than driving down the price worldwide.
It would be a step in the right direction of inflation reduction.
Tapping the strategic oil reserved leaves us with our pants down in the case of an actual emergency.
I’m pretty sure most who have an IQ above a grain of rice could see this and know I’m stating the obvious.
Do I expect this to happen? Not a chance. I lived through lines during the Carter years and expect the same to happen until production returns. It’s simple economics.
It’s time to put pettiness aside and do what is right for the people of the country. It’s not getting better than it was. Cutting fuel costs would be a good start.
This may be the last round up I do because the more I read, the more ridiculous things get. This is a virus that more than 99.5% survive from. Nevertheless, I gathereded this batch so that people can decide for themselves how to view their response to what is going on.
Even the Liar in Chief Jenn Psaki got caught saying plandemic.
In this interview, we continue our coverage of the COVID “plandemic” by speaking to David Martin, Ph.D., who has done a phenomenal job uncovering the paper trail behind the virus now known as SARS-CoV-2. As it turns out, this is not a novel virus at all, as patents and government grants detailing key features of the virus go back two decades.
The perpetual goals of globalist elites – depopulation, destruction of free markets, and the erasure of borders
Hundreds of thousands of businesses around the world shut their doors in early 2020 and will never again reopen. Countless American workers have also recently left the workforce due to being presented with an ultimatum: take the experimental Covid-19 injections, or find employment elsewhere.
The burdens being placed on employers and employees alike will cause the economic collapse, not “mounting deaths” due to a virus with a 99%+ survival rate.
Schwab, along with Bill Gates, Eric Schmidt, and other prominent individuals in the tech industry and political sector, meets yearly in Davos to discuss what changes must be implemented to see the Great Reset come to fruition.
Molnupiravir was developed for the treatment of Influenza. According to whistleblower complaint Molnupiravir has mutagenic properties and may change your DNA. Now, Molnupiravir has been repurposed for COVID-19.
In genetics, a mutagen is a physical or chemical agent that permanently changes genetic material, usually DNA, in an organism and thus increases the frequency of mutations above the natural background level.
It just so happens that Merck, the former manufacturer of ivermectin has been working on a “new” anti-viral pill which will, when approved, would provide an at-home remedy for mild to moderate cases of Covid-19. This new pill will ironically work in much the same way as ivermectin.
Bear in mind that the safety profile for ivermectin is excellent and the drug is spectacularly less expensive than the vast majority of hospital interventions.
—->Me: because no one makes any money off of it anymore.
“When somebody is naturally immune, like, they got COVID, they probably have better, like, not better, but more antibodies against the virus,” he said.
“So when you actually get the virus, you’re going to start producing antibodies against multiple pieces of the virus,” Karl continued. “So, your antibodies are probably better at that point than the vaccination.”
“When somebody is naturally immune, like, they got COVID, they probably have better, like, not better, but more antibodies against the virus,” he said.
“So when you actually get the virus, you’re going to start producing antibodies against multiple pieces of the virus,” Karl continued. “So, your antibodies are probably better at that point than the vaccination.”
The effectiveness of the Pfizer-BioNTech COVID-19 vaccine falls below 50 percent after five months, according to a new study published in The Lancet medical journal on Oct. 4.
In what follows I will sort through the available scientific facts, which hold many clues as to what happened, and provide readers with the evidence to make their own judgments. I will then try to assess the complex issue of blame, which starts with, but extends far beyond, the government of China.
In these days of divisiveness, there are some facts based on economics that are hard to refute, even if you don’t want to admit it. I enjoy discussion by people of high IQ and of great wisdom, something the world of Political Correctness is sadly overlooking.
Instead of leaving the country in better shape as every generation until now has done, debt is weighing on us like a herd of elephants. The taxpayers, likely the next generation will be taxed ad infinitum.
Lesson #1:
U.S. Tax revenue: $2,170,000,000,000
* Fed budget: $3,820,000,000,000
* New debt: $ 1,650,000,000,000
* National debt: $14,271,000,000,000
* Recent budget cuts: $ 38,500,000,000
Let’s now remove 8 zeros and pretend it’s a household budget using the
Same numbers:
* Annual family income: $21,700
* Money the family spent: $38,200
* New debt on the credit card: $16,500
* Outstanding balance on the credit card: $142,710
* Total budget cuts so far: $385.00
Easier to understand ??…….OK now,
Lesson #2:
Here’s another way to look at the Debt Ceiling:
Let’s say, You come home from work and find
There has been a sewer backup in your neighborhood….
And your home has sewage all the way up to your ceilings.
What do you think you should do ……
Raise the ceilings, or remove the sewage?
It’s not that the Keynesians aren’t smart, nor poorly educated, nor bad economists (at least they studied it to make their economic position), rather it is that they are not students of history. I may have to argue that they are bad economists later though as it has yet to work and is failing again.
So what kind of Keynesian world are Bernanke and the other wise ones in Washington shaping for us?
Keynesians see a depression as a lack of aggregate demand — as opposed to Austrians who know a depression is the required cleansing of the malinvestments created by the preceding boom of the government’s making. Policy makers, following the Keynesian playbook, enact policies to stimulate aggregate demand and offset the fall in private investment. On the fiscal-policy side, Keynesians advocate higher government spending. On the monetary side, they insist on lowering interest rates to zero if necessary.
The world has recent experience with attempts at resuscitating a bubble economy. The Bank of Japan cut interest rates six times between 1986 and early 1987 and all that new money caused the Japanese economy to bubble over. As Bill Bonner and Addison Wiggin write in Financial Reckoning Day Fallout,
the problem with all money is that it is as fickle and unreliable as a bad girlfriend. One minute she goes along with the flow. The next minute she turns silly and bubbly. And then, she gives you the cold shoulder.
The prolonged period of low interest rates created one of the largest domestic bubbles in the world. For a brief moment in 1990, the Japanese stock market was bigger than the US market. The Nikkei-225 reached a peak of 38,916 in December of 1989 with a price-earnings ratio of around 80 times. At the bubble’s height, the capitalized value of the Tokyo Stock Exchange stood at 42 percent of the entire world’s stock-market value and Japanese real estate accounted for half the value of all land on earth, while only representing less than 3 percent of the total area. In 1989 all of Japan’s real estate was valued at US$24 trillion which was four times the value of all real estate in the United States, despite Japan having just half the population and 60 percent of US GDP.
“The Japanese asset bubbles were identical to other asset bubbles in the sense that they were essentially inflated by credit,” writes Asian bank regulator Andrew Sheng in his book From Asian to Global Financial Crisis.
Banks lent to highly leveraged developers to buy real estate against inflated collateral values, which then fueled the bubble further. Asset prices bore no realistic relationship to their return on capital, particularly since cost of funding was exceptionally low. The minute the credit stopped, the bubble began to deflate, and the main victims were the banks themselves.
After the bubble popped in Japan, that government pursued a relentless Keynesian course of fiscal pump priming and loose fiscal policy with the result being a Japan that went from having the healthiest fiscal position of any OECD country in 1990 to annual deficits of 6 to 7 percent of GDP and a gross public debt that is now 227 percent of GDP. “The Japanese tried to cure an alcoholic with heroin,” writes Bonner. “Now, they’re addicted to it.”
Japan’s monetary policy was to aggressively lower rates to .5 percent between 1991 and 1995 and has operated a zero-interest policy virtually ever since.
Between 1992 and 1995, the Japanese government tried six stimulus plans totaling 65.5 trillion yen and they even cut tax rates in 1994. They tried cutting taxes again in 1998, but government spending was never cut. Also in 1998, another stimulus package of 16.7 trillion yen was rolled out nearly half of which was for public-works projects. Later in the same year, another stimulus package was announced, totaling 23.9 trillion yen. The very next year an ¥18 trillion stimulus was tried, and, in October of 2000, another stimulus for 11 trillion was announced. As economist Ben Powell points out, “Overall during the 1990s, Japan tried 10 fiscal stimulus packages totaling more than 100 trillion yen, and each failed to cure the recession,” with Japan’s nominal GDP growth rate below zero for most of the five years after 1997.
After five years in an economic wilderness, the Bank of Japan switched, during the spring of 2001, to a policy of quantitative easing — targeting the growth of the money supply instead of nominal interest rates — in order to engineer a rebound in demand growth.
The move by the Bank of Japan to quantitative easing and the large increase in liquidity that followed stopped the fall in land prices by 2003. The Bank of Japan held interest rates at zero until early 2007, when it boosted its discount rate back to 0.5 percent in two steps by mid year. But the BoJ quickly reverted back to its zero interest rate policy.
In August of 2008, the Japanese government unveiled an ¥11.5 trillion stimulus. The package, which included ¥1.8 trillion in new spending and nearly ¥10 trillion in government loans and credit guarantees, was in response to news that the Japanese economy in July suffered its biggest contraction in seven years and inflation had topped 2 percent for the first time in a decade.
Newswire reports said the new measures would include assistance to the agriculture sector, support for part-time workers to find better employment, and rebates on toll roads. Additional spending was also to flow to healthcare, housing, education, and environmental technology.
Just this past April, the Japanese government announced another ¥10 trillion stimulus program. This was after Japan’s economy shrank by a record 15.2 percent annual rate in the first quarter of 2009. This drop was on the heels of a 14.4 percent drop in the fourth quarter of 2008.
Last month, Reuters reported that the Bank of Japan reinforced its commitment to maintaining very low interest rates and may provide even further easing. “The bank said that it would not tolerate zero inflation or falling prices.” The bank left its policy rate at .1 percent and analysts see the rate staying low possibly until 2012.
According to Reuters, the Japanese government “is fretting over the risk of the economy flipping back into recession and is pushing the bank for action.” Economy flipping back into recession? Are they kidding? Japan’s GDP at the end of this year will be no higher than it was in 1992–17 lost years.
“After 17 years of bailouts and stimulus programs, the Japanese should be getting good at them,” write Bonner and Wiggin. “But it’s a little like a guy who’s getting good at suicide — if he’s so good at it, you’d think he’d be dead already.”
But Keynesians are wont to grade on a curve. Nobel laureate and New York Times columnist Paul Krugman, for one, points to Japan’s fiscal stimulus packages as having “probably prevented a weak economy from plunging into an actual depression.”
And finally, here is a video on Keynesian Economics.
Economists have either followed Friedman or Keynes for Economic Theory over the last century. Keynes is being used currently and you can judge the results for yourself. For me, it does not seem to work, nor has history shown it to have worked for any of the presidents who have based their administration on Keynesian theory anywhere in the world.
I quote one of the best authors of our generation on economics for this article.
If Milton Friedman were alive today — and there was never a time when he was more needed — he would be one hundred years old. He was born on July 31, 1912. But Professor Friedman’s death at age 94 deprived the nation of one of those rare thinkers who had both genius and common sense.
Most people would not be able to understand the complex economic analysis that won him a Nobel Prize, but people with no knowledge of economics had no trouble understanding his popular books like “Free to Choose” or the TV series of the same name.
In being able to express himself at both the highest level of his profession and also at a level that the average person could readily understand, Milton Friedman was like the economist whose theories and persona were most different from his own — John Maynard Keynes.
Like many, if not most, people who became prominent as opponents of the left, Professor Friedman began on the left. Decades later, looking back at a statement of his own from his early years, he said: “The most striking feature of this statement is how thoroughly Keynesian it is.” No one converted Milton Friedman, either in economics or in his views on social policy. His own research, analysis and experience converted him.
As a professor, he did not attempt to convert students to his political views. I made no secret of the fact that I was a Marxist when I was a student in Professor Friedman’s course, but he made no effort to change my views. He once said that anybody who was easily converted was not worth converting.
I was still a Marxist after taking Professor Friedman’s class. Working as an economist in the government converted me.
What Milton Friedman is best known for as an economist was his opposition to Keynesian economics, which had largely swept the economics profession on both sides of the Atlantic, with the notable exception of the University of Chicago, where Friedman was both trained as a student and later taught.
In the heyday of Keynesian economics, many economists believed that inflationary government policies could reduce unemployment, and early empirical data seemed to support that view. The inference was that the government could make careful trade-offs between inflation and unemployment, and thus “fine tune” the economy.
Milton Friedman challenged this view with both facts and analysis. He showed that the relationship between inflation and unemployment held only in the short run, when the inflation was unexpected. But, after everyone got used to inflation, unemployment could be just as high with high inflation as it had been with low inflation.
When both unemployment and inflation rose at the same time in the 1970s — “stagflation,” as it was called — the idea of the government “fine tuning” the economy faded away. There are still some die-hard Keynesians today who keep insisting that the government’s “stimulus” spending would have worked, if only it was bigger and lasted longer.
This is one of those heads-I-win-and-tails-you-lose arguments. Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
Although Milton Friedman became someone regarded as a conservative icon, he considered himself a liberal in the original sense of the word — someone who believes in the liberty of the individual, free of government intrusions. Far from trying to conserve things as they are, he wrote a book titled “Tyranny of the Status Quo.”
Milton Friedman proposed radical changes in policies and institution ranging from the public schools to the Federal Reserve. It is liberals who want to conserve and expand the welfare state.
As a student of Professor Friedman back in 1960, I was struck by two things — his tough grading standards and the fact that he had a black secretary. This was years before affirmative action. People on the left exhibit blacks as mascots. But I never heard Milton Friedman say that he had a black secretary, though she was with him for decades. Both his grading standards and his refusal to try to be politically correct increased my respect for him.
Thomas Sowell is a senior fellow at the Hoover Institution, Stanford University, Stanford, CA 94305. His website is www.tsowell.com.
He also wrote this:
When both unemployment and inflation rose at the same time in the 1970s —”stagflation,” as it was called — the idea of the government “fine tuning” the economy faded away. There are still some die-hard Keynesians today who keep insisting that the government’s “stimulus” spending would have worked, if only it was bigger and lasted longer.
This is one of those heads-I-win-and-tails-you-lose arguments. Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more.
Although Milton Friedman became someone regarded as a conservative icon, he considered himself a liberal in the original sense of the word — someone who believes in the liberty of the individual, free of government intrusions. Far from trying to conserve things as they are, he wrote a book titled “Tyranny of the Status Quo.”
Milton Friedman proposed radical changes in policies and institutions ranging from the public schools to the Federal Reserve. It is liberals who want to conserve and expand the welfare state.
As a student of Professor Friedman back in 1960, I was struck by two things — his tough grading standards and the fact that he had a black secretary. This was years before affirmative action. People on the left exhibit blacks as mascots. But I never heard Milton Friedman say that he had a black secretary, though she was with him for decades. Both his grading standards and his refusal to try to be politically correct increased my respect for him.
Delusions of Adequacy 
