Showing posts with label socialism. Show all posts
Showing posts with label socialism. Show all posts

Tuesday, September 13, 2022

Political Purge

"So, here's to the men who did what was considered WRONG, in order to do what they knew was right...what they KNEW was right."
--Benjamin Franklin Gates (National Treasure)

After Donald Trump and his close circle were hit by DOJ search teams, it appears that this administration is widening its nets. Tucker Carlson reports that subpoenas are in the process of being issued on dozens of Trump allies.

This is what a political purge looks like.

Obviously, this is meant to send a message ahead of the upcoming midterm elections, and to those who are considering involvement in the presidential election two years off.

Saturday, September 10, 2022

Climate Gravy Train

Strange voices are saying
What did they say?
Things I can't understand
It's too close for comfort
This heat has got right out of hand
--Bananarama

On the back of yesterday's post, another credentialed 'expert' fades the party line on climate change. He argues that any relationship between man and climate change is a spurious one. It is more likely, he suggests, that cyclical activity on the sun's surface is influencing weather patterns on earth.

Meanwhile, climate alarmists seek to ride a 'gravy train' to make money.

Wednesday, September 7, 2022

Sanctions Fever

Life goin' nowhere
Somebody help me
Somebody help me, yeah

--Bee Gees

Vladimir Putin attributes Europe's energy crisis and related probs to 'sanctions fever.' It is hard to disagree.

Watching a related special last nite on CNBC and host Brian Sullivan asked a guess whether he thought the West's sanctions on Russia were 'working.'

Perhaps he should have asked the millions around the world who face starvation and hypothermia due to these sanctions.

Sadly, this was predictable from the get go...

Tuesday, September 6, 2022

Euro Energy Bailout

Here I am in silence
It's a game I have to play
You and I in silence
With nothing else to say

--Information Society

On the back of yesterday's post, headlines this morning find euro bureaucrats committing to massive bailouts of consumers and producers as they face virtual margin calls as energy prices spiral higher.

These bailouts are forms of stimulus--subsidies that work against efforts to reign in higher prices.

Still wrapping my head around how this spills over to the US. The obvious consequence is an even strong USD vs the euro.

Monday, September 5, 2022

Frozen Policy

Hear the Salvation Army band
Down by the riverside
Bound to be a better ride
Than what you've got planned

--The Bangles

Europe seems headed toward a self-imposed depression. Sanctions against Russia, combined with previous 'green' policies, have exploded in the face of euro bureaucrats, leaving the EU facing a winter with insufficient heat, electricity, and gasoline.

Some gas and electric bills are already printing 5-10x year ago levels.

Policymakers appear to be doubling down by developing plans for rationing, price capping, and money printing.

Absent a quick policy about-face, it is difficult to see how the EU survives the next few months.

Friday, September 2, 2022

Extremism and Liberty

"Tonight, our country, that which we stand for and all we hold dear, faces a grave and terrible threat. This violent and unparalleled assault on our security will not go undefended...or unpunished. Our enemy is an insidious one, seeking to divide us and destroy the very foundation of our great nation. Tonight, we must remain steadfast. We must remain determined. But most of all, we must remain united."
--Adam Sutler (V for Vendetta)

It's difficult to imagine that this administration doesn't lose more political support each time it opens its mouth. Last night Biden spoke like a geriatrically challenged version of Adam Sutler, declaring that supporters of Donald Trump and the Make America Great Again ideology constitute a "threat to our country."

If one infers that those who voted for Trump in 2020 comprise this group, then it numbers at least 70 million.

The president's press secretary added the e-word. The president, she said, sees this group as "an extreme threat to our democracy."

Moreover, "when you are not with where the majority of Americans are, then, you know, that is extreme. That is an extreme way of thinking."

Setting aside questions involving what precisely in MAGA ideology is inconsistent with the views of the majority of Americans, or, for that matter, whether MAGA ideology itself doesn't actually constitute the majority viewpoint, any American with a modicum of grounding in US history understands that our founding ancestors designed a government that protected the rights of those who not aligned with the whims of majority opinion

If the press secretary's definition of extremism is employed, then opinions inconsistent with the majority are to be protected from tyrannical treatment. Government is legally barred from acting against 'extremists'--again defined as those who think differently from the 'majority.' 

My sense is that Americans still understand this founding principle well enough they are are turned off by the caustic 'extremist' claims of leftists.

Wednesday, August 31, 2022

Student Loan Forgiveness

"Somebody's got to pay. Not gonna be me."
--Harry Lynch (Wall Street)

Ron Paul discusses the administration's plan to forgive college student loan debt. The plan is an overt attempt to buy votes, of course. Who is being bought?

Indebted college students, naturally. Plus all those who benefit from government subsidies to higher ed.

The plan can be viewed as a wealth transfer to the elite class. The working man is being forced to subsidize the 'educated.'

Moreover, the plan is inflationary. Loans that are forgiven don't just disappear. The liability must still be paid for. The money that can't be raised through taxes or borrowing will be...printed.

One more thing. Those who have actually paid for college now feel like suckers. In the future, more will borrow under the assumption that they won't have to pay.

Moral hazard writ large.

Thursday, August 25, 2022

Be Poor and Like It

"Tis too much proved, that with devotion's visage and pious action, we do sugar o'er the devil himself."
-V (quoting Shakespeare) (V for Vendetta)

Another version of the 'suck it up' message. Euro leaders tell their people that 'abundance' is a thing of the past. Be poorer and like it.

One has to wonder how long a people is willing to endure hardship in support of a bureaucratic ideology.

Sunday, August 21, 2022

Healthy Mistrust

"Sorry, boss, but there's only two men I trust. One of them's me. The other not you."
--Cameron Poe (Con Air)

Recent cries of foul over the FBI's raid of Donald Trump's Florida home have fed apologists coming out of the woodwork. The FBI needs to be given the benefit of the doubt, they say.

In other words, trust the feds.

Truly?

Here's a partial laundry list of FBI corruption.

Mischief by government agents should not be surprising. As Madison observed, men are not angels. And because men are governed by other men rather than by angels, controls are necessary on those who govern.

Among those controls is healthy mistrust of those holding public office.

Wednesday, August 17, 2022

Death and Taxes

Now my advice for those who die
Declare the pennies on your eyes

--The Beatles

The Inflation Reduction Act allocates billion$ for the adding more than 80,000 IRS agents. It appears that this will be a new breed of tax collector.

Recruiting materials say that agents must be able to 'carry a firearm and use deadly force, if necessary.'

It is said that there are only two things that are certain: death and taxes.

The IRS, it appears, is gearing up to provide for both.

Thursday, August 11, 2022

Raid on Reason

Now did you read the news today?
They say the danger's gone away
But I can see the fires still alight
They're burning into the night

--Genesis

As these pages have frequently noted, leftists love to manipulate language in their favor. They employ positive substitute symbols and euphemisms to advance their agendas.

Case in point. The recent invasion of Donald Trump's Florida residence is no longer a 'raid.' Instead, it is now being deemed as an execution of a search warrant.

The raid, plainly, is on reason.

Wednesday, August 10, 2022

Crimson Tide

"He was wearing my Harvard tie. Can you believe it? My Harvard tie. Like, oh sure, he went to Harvard!"
--Louis Winthorpe III (Trading Places)

Harvard Crimson survey indicates 80% of Harvard faculty identify as liberal or very liberal. Check out the conservative sliver at less than 2 percent (with no 'very conservative' respondents).

Would they support hiring more conservatives to increase ideological diversity? 31% of the faculty said no. 56% supported stronger screening for former Trump officials seeking to join the faculty, while 30% were for banning anyone from that group outright.

More evidence that academic diversity has been firmly supplanted by academic perversity.

Tuesday, August 9, 2022

Weaponized Agencies

Trim life shadows flicker and fall
But you still can't turn away
Get up and run before you stall
Before the edges fray

--Ric Ocasek

Given that the executive branch now includes dozens of agencies with strong armed capability, it should come as no surprised that influential politicians will seek to 'weaponize' those agencies against political opponents. The FBI, CIA, and IRS are particularly attractive in this regard.

McCarthy, JFK, Tea Party, et al.

In the recent years, there has been no better example of the weaponization of federal agencies than the concerted operations to take down Donald Trump. First as a candidate, then as sitting president, and now as a former president with future candidate potential. The FBI, CIA, DOJ, and even the military has been involved.

Yesterday's actions will be difficult for even many partisans to brush off as federal agents raided Trump's home in Florida.

Actions over the past few years have escalated to the stuff of authoritarian police states. The current administration is brazenly employing federal agencies to punish political opposition.

What authoritarians never seem capable of understanding is the extent to which their aggression strengthens the resolve of the liberty-minded.

Wednesday, August 3, 2022

Not Adding Up

There's something happening here
What it is ain't exactly clear

--Buffalo Springfield

Something doesn't add up about Nancy Pelosi's provocative trip to Taiwan. Leftists have long expressed open admiration of the Chinese communist system. They have been silent on blatant human rights violations of the CCP for years, including the use of concentration camps for dissenters.

More recently, leftists sat idly by during the pro-freedom and independence protests in Hong Kong in the summer of 2019--protests that were ultimately put down by the Chinese government.

Now we are to believe that leftists like Pelosi are suddenly on the side of people seeking self-determination? Not only does this fly in the face of their affection for the Chinese model, but any reasoning mind realizes full well that leftists believe in authoritarian rule and collectivism, not self-determination. 

As the Chinese military incircles the island to conduct live fire 'military exercises,' one has to wonder what is really going on here.

Tuesday, August 2, 2022

Inflation Reduction Act

I bought a novel, some perfume
A fortune all for you
But it's not my conscience
That hates to be untrue
I asked of my reflection,
"Tell me what is there to do?"

--Squeeze

As we've discussed, leftists are rarely honest with their rhetoric. They label things largely contrary of their actual effects.

Cast in point: the proposed Inflation Reduction Act. 

As Ron Paul discusses, the bill does the opposite. It increases government spending by hundreds of billions of dollars. It takes resources out of the hands of private citizens and puts them into the hands of bureaucrats.

Not only does this increase the risk of capital misallocation, but it must be funded. To the extent that citizens are taxed, it reduces economic resources available to people during an era of high price inflation and slowing economic activity.

It is a universal truth that slow economic activity motivates easier central bank monetary policy (read: inflation).

To the extent that taxes won't cover the spending, then those funds must either be a) borrowed, which taxes future incomes, or b) printed (the reason why inflation is called the 'invisible tax').

There is little doubt that the Inflation Reduction Act will ultimately result in more inflation, not less.

Monday, August 1, 2022

In the Dogma House

Carmen Sternwood: What's your name?
Philip Marlowe: Doghouse Reilley
Carmen Sternwood: That's a funny kind of name.
Philip Marlowe: You think so?

--The Big Sleep

Dogma is belief accepted by a group without question or debate. It stands to reason that the higher the preference for collectivism among members of a group, the more likely that dogma will reside within the group.

How to counter such groupthink? One way is to avoid affiliations. As Jefferson understood, belonging to groups tends to cloud judgment.

Outside viewpoints are also useful as they bring fresh perspective. Of course, outsiders are typically unwelcome in collectivist circles as they threat group cohesion.

Finally, there is reason. Applying logic and scientific thinking toward dogmatic principles commonly lays groupthink to waste.

Should it be surprising, then, that leftists increasingly claim reason and critical thinking to be racist and inflammatory?

They need to quell the threat to group cohesion somehow.

Wednesday, July 27, 2022

Narrative Management

Nancy Oliver: What's the matter with the mistress? She don't look ill to me. Is she?
Elizabeth Tompkins: I don't know. Not as I can see. But the master keeps telling her she is.
--Gaslight

Leftists believe that words matter more than actions. This is why they respond like juveniles on the playground when someone says something they don't like. "He called me a name!"

Indeed, it seems that many leftists view hurtful words as equivalent to acts of physical aggression--acts that justify physical violence, perhaps by government agents, to quell the 'hate speech.'

This is also why leftists obsess with controlling narratives. Narratives are story lines. In reality, these story lines may be true or false. But regardless of whether narratives represent fact or fiction, leftists believe that they can manipulate behavior in their favor by manipulating language.

Controlling the narrative often begins by changing the definition of a word or phrase that is central to the storyline.

Leftists are currently focusing on the meaning of 'recession.' Rather than using the traditional definition of two consecutive quarters of negative GDP growth (which likely has occurred in Q1 and Q2 of this year), leftists are now arguing that the definition is more nebulous and requires (very conveniently) a panel of experts to determine--perhaps far after the fact of the recession's actual commencement.

The narrative can then manipulated. We're still in an economic expansion, they say, because the experts haven't called a recession yet.

Should recent history be any guide, leftists will also try to recruit their media cabal to label alternative narratives as 'disinformation.'

If they can get the public to buy in, then perhaps leftists can postpone widespread perception of recession until after the November midterm elections. Leftists well know that people experiencing economic hardship are prone to vote out people and parties in positions of political power.

This time around, that would be Democrats.

Use your capacity for reason. Ignore the gaslights of narrative management.

Saturday, July 23, 2022

Obeying Absurdity

"Private, I know they brainwashed you in boot camp. But sometimes you gotta QUESTION authority!"
--Chief Petty Officer Casey Ryback (Under Seige)

When a reasoning mind reflects on what's gone on, like this nurse has done, it is difficult not to conclude that a large fraction of the population will unquestionably obey authoritarian 'guidance.' 

No matter how absurd.

Friday, July 22, 2022

Tree Truth

See the stone set in your eyes
See the thorn twist in your side

--U2

This little decision tree captures lots of logic.

Adding a branch or two for side effect risk would make it even better.

Monday, July 18, 2022

Unfair and Unbalanced

And you may ask yourself,
"Well, how did I get here?"

--Talking Heads

Pew study finds that the media generally does not agree with the 'fair and balanced' approach to journalism. While more than three quarters of adults believe all sides of an issue deserve equal coverage, only 55% of journalists do.

Political ideology moderates belief in 'bothsidesism.' Approximately 70% of journalists indicated that they worked for outlets that lean left. 

Unfortunately, the survey did not ask respondents how they themselves leaned politically--or at least it was not reported. However, adults indicating affinity for the left were less likely to endorse 'bothsidesism.'

In a nod toward their increasingly progressive higher ed training grounds, younger journalists appear less likely to strive toward balanced coverage than older journalists.

It would be interesting to see some longitudinal data here. Has this sort of slant been on the increase? Or is it the same as it ever was?