– P.J. O’Rourke
– P.J. O’Rourke
There’s a very simple principle that helps form the bedrock of any prosperous and civilized society. When people do bad things, they should be punished for it. The moment that rule is turned upside down, and the wicked and weak are rewarded for their behavior, society will crumble. There’s no way around it. Every society that rewards bad behavior is on the fast track to destruction.
You might think that would be obvious, but there are plenty of nations throughout history that have fallen under the weight of corruption, in one form or another. Our species has made this mistake countless times. We never learn, and we always pay for it.
Next on the chopping block of history is Denmark, where the police in the city of Aarhus are now essentially rewarding people who have been accused of being terrorists.
This post was published at shtfplan on August 14th, 2017.
Here is what Donald Trump should call for this morning. This is the right time to up his ante in the struggle against the Lgenpresse. All his efforts to fix the sinking ship of the US society are in vain with a breach below the waterline. If the Fake News applauds every jerk in a mantle who stops a presidential decree, the jerks will multiply and president’s decrees will be worth what? A collector’s rarity. A quirky exhibit from the days of Donald Trump’s short-lived presidency. The fake news media ridiculed the POTUS so completely, that this big man with big orange hair shrunk down to Lilliput’s finger.
Trump can’t get out of his disposition by foreign policy acts. Forget about North Korea. It is a big hedgehog: a lot of bother to catch and kill, many prickles and no meat. The only thing Kim wants to tell Trump is ‘I am not a soft target, go look elsewhere’. Is North Korea dangerous? Only for those who want to step on it.
P G Wodehouse’s Mr Mulliner argued with anti-smoker lobby: ‘They come and tell me that if they place two drops of nicotine on the tongue of a dog the animal instantly dies and when I ask them if they have ever tried the childishly simple device of not placing nicotine on the dog’s tongue, they have nothing to reply They are nonplussed. They go away mumbling something about never having thought of that before.’
This post was published at Zero Hedge on Aug 13, 2017.
A frequently repeated claim is that loopholes in the tax code are ‘inefficient.’ A more efficient tax, economists say, is a flat and all-encompassing tax that is inescapable. Why? Because this means no one will waste resources on tax planning and thus tax avoidance. In other words, more resources will be used in production, which is better for the ‘economy.’
Leaving the moral and ethical argument about tax avoidance aside, the efficiency argument too is completely wrong. It shows how much economists have deviated from understanding what they supposedly try to learn about: the market.
The loophole inefficiency argument is based on the view that seemingly unproductive uses of resources are a waste because they don’t contribute to the overall economy. But this is a backward argument, and in fact the same argument as that against ‘hoarding’ of funds. And it assumes that people (or, more specifically, their owned resources) are for the economy, rather than the economy for people.
This post was published at Ludwig von Mises Institute on August 10, 2017.
If there’s one word that can sum up Hillary Clinton’s political career, it’s ‘corruption.’ That won’t stop her from seeking fulfillment in a different field, but this one may surprise a few.
The corrupt and embattled Democrat is considering becoming a Methodist preacher. I thought they were taught not to lie, cheat, and steal? Listening to Hillary preach about kindness and compassion will be like listening to children attempt to explain quantum mechanics to each other.
Who can forget John Podesta, Hillary’s campaign chairman, and his spirit cooking creepiness revealed in the Wikileaks emails? It sure seems like Hillary is continuing to lie her way through her hypocritical and corrupt life.
This post was published at The Daily Sheeple on AUGUST 9, 2017.
The ongoing problems with the F-35 and other military programs, stemming from virtually unlimited budgets, underline the inefficiency of the American military-industrial complex (MIC). In contrast, Moscow develops armaments capable of counteracting the latest technological advances of the US at minimal cost.
One of a state’s most insidious mechanisms is the inefficiency of the military-industrial sector. When looking at the world’s first superpower, this becomes all the more pronounced. Still, the ongoing problems highlighted by the F-35 program and failed missile interceptions by ABM systems are a good demonstration of how inefficiency in the US military sector has risen to worrying levels.
The main cause of these issues is related to the huge military-industrial complex that employs hundreds of thousands Americans directly or indirectly. The unhealthy composition of this power conglomerate often employs a revolving door involving politicians and board members from large arms-producing companies. This situation raises questions about corruption as well as a number of obvious conflicts of interest.
This post was published at Zero Hedge on Jul 27, 2017.
The shock landslide defeat of PM Shinzo Abe’s Liberal Democratic Party (LDP) in the recent Tokyo metropolitan elections – and the triumph there of Tokyo Governor Koike’s new party (Tomin First) – has lit a faint hope that the radical Japanese monetary expansion policy could be on its way out. The flickering light though is not strong enough to soothe the mania in Japan’s carry trades and so the yen continued to slide in the aftermath of the elections. Between mid-June and early July the Japanese currency depreciated by some 5% against the US dollar and 10% against the euro.
The perception in currency markets is that Japan will not be embarking on monetary normalization this year or next, in contrast to Europe where ECB Chief Draghi has hinted that the train (to monetary normalization) will start next year, even though the journey promises to be very slow. The US train to normalization continues at a glacially slow pace including some periods of reverse movement. Moreover the monetary climate prior to the journey commencing is even more extreme in the case of Japan than in Europe or the US.
It was possible to imagine that the shock election setback for the LDP could have caused Shinzo Abe to withdraw support from his money-printer in chief, Bank of Japan governor Haruhiko Kuroda (whose term ends in April 2008), thereby signaling an early end to negative interest rates and quantitative easing. But markets in their wisdom have concluded this is not to be. Many elderly Japanese are pleased with their stock market and real estate gains even though they complain about negative interest rates and the threat of inflation. In any case it was young voters, responding to the stink of alleged corruption scandals, who turned out en masse for Governor Koike’s new party.
This post was published at Ludwig von Mises Institute on July 17, 2017.
Authored by Patrick Buchanan via Buchanan.org,
‘Is Russia an enemy of the United States?’ NBC’s Kasie Hunt demanded of Ted Cruz. Replied the runner-up for the GOP nomination, ‘Russia is a significant adversary. Putin is a KGB thug.’
To Hillary Clinton running mate Tim Kaine, the revelation that Donald Trump Jr., entertained an offer from the Russians for dirt on Clinton could be considered ‘treason.’
Treason is giving aid and comfort to an enemy in a time of war.
Are we really at war with Russia? Is Russia really our enemy?
‘Why Russia is a Hostile Power’ is the title of today’s editorial in The Washington Post that seeks to explain why Middle America should embrace the Russophobia of our capital city:
‘Vladimir Putin adheres to a set of values that are antithetical to bedrock American values. He favors spheres of influence over self-determination; corruption over transparency; and repression over democracy.’ Yet, accommodating a sphere of influence for a great power is exactly what FDR and Churchill did with Stalin, and every president from Truman to George H. W. Bush did with the Soviet Union.
This post was published at Zero Hedge on Jul 14, 2017.
Forget spraying pesticides on your food, now they’ll be genetically engineered to be in your food, thanks to Monsanto’s latest quiet approval via the US Environmental Protection Agency.
The EPA just told Monsanto they could go ahead and bypass spraying our crops with carcinogenic chemicals like Round Up and just go ahead and breed them right into the crops themselves. Using a process called RNA interference, Monsanto’s RNAi plant will supposedly kill pesky rootworms when they come along to chomp on them- but what else will these genetically modified crops do to beneficial bugs, the soil, and human health? The EPA has no idea, because they haven’t done a single trial on RNAi-altered crops.
Nonetheless, the EPA quietly gave Monsanto a Get-Out-of-Jail-Free card by allowing them to move forward with their genetically modified corn strain. Some are calling this a genetic weapon, in its infancy. Others are concerned that RNAi will have ramifications for the biosphere that – just like all of Monsanto’s other products – don’t come to light for years to come.
For instance, the National Honey Bee Advisory Board said in comments submitted to the E. P. A. before a ‘meeting’ in which this controversial genetic technology was to be reviewed,
This post was published at The Daily Sheeple on JULY 13, 2017.
From the start, the ‘positive chemistry’ in the Mother of All Sit-Downs was a given. The format – with only the four principals, Vladimir Putin, Donald Trump, Secretary of State Rex Tillerson, Foreign Minister Sergey Lavrov, and two translators – prevented any leaks. What was originally scheduled for 35 minutes went on for 2 hours and 16 minutes, and not even an impromptu appearance by First Lady Melania Trump – they were late for the Elbphilharmonie pomp and circumstance – managed to stop the flow.
They needed to deliver. They needed headlines. They got plenty. Including a possible first step at real cooperation; a ceasefire deal in southwestern Syria. Yet the real headline is that diplomacy beats demonization.
Still, from the toxic, overwhelmingly Russophobic Beltway point of view, that dystopia masquerading as a summit – the actual G-20 – was a mere backdrop; the only thing that mattered in this parallel G-2 was confirmation of an obsessive narrative; Russian interfered in the U.S. elections.
Spin City gave us slightly conflicting views. Tillerson admitted ‘intractable’ differences but stressed Trump was ‘rightly focused on how do we move forward’, while an uncharacteristically irritable Lavrov said Trump had accepted Putin’s denial, adding what is, in fact, the real clincher; Putin wants proof and evidence of Russian interference.
That won’t happen. The ‘Russian hacking’ tsunami ebbs and flows, always following the same pattern; accusations by some proverbial ‘anonymous official’ or ‘expert’, usually debunked. If the acronym jungle of U.S. intel had concrete, definitive evidence, that would have been splashed on every single front page long ago.
This post was published at Asia Times
And this might become a problem for the Fed.
ECB President Mario Draghi wields more power than just about any other public official in Europe, perhaps even including Angela Merkel. The organization he heads not only controls the monetary policy levers of the entire Eurozone, it also supervises the region’s 130 biggest banks. As we’ve seen in recent weeks, it even has the power to decide which of Europe’s struggling banks get to live and which don’t.
Yet it is answerable to virtually no one. Until now.
Emily O’Reilly, the EU Ombudsman, an arbiter for the public’s complaints about EU-institutions, has just sent Draghi a letter asking him to explain his role in the potentially compromising Group of Thirty (G30) and how he makes sure that he does not divulge insider information or runs into conflicts of interest. The tenor, tone and direction of O’Reilly’s inquiries make it clear that she means business.
The Washington-based G30 was founded in the late seventies at the initiative of the Rockefeller Foundation, which also provided start-up funding for the organization. Its current membership reads like a Who’s Who of the world of global finance. It includes current and former central bankers, many of whom now work or worked in the past for major financial corporations, such as:
This post was published at Wolf Street on Jul 10, 2017.
Today we reveal a massive NATO-based international weapons trafficking hub run out of Baku, Azerbaijan supplying conflict zones worldwide including terrorists in Syria, UK Tory MPs now lobbying for a ‘Authorisation of the Use of Military Force in Syria to respond to chemical attacks, and US now asking to share a ‘No Fly Zone’ with Russia in Syria, More revelations with Grenfell Tower in London and much more…
The head of a prominent Syrian Kurdish militia said Turkish military deployments in northwestern Syria amount to a ‘declaration of war,’ Reuters reports.
‘These [Turkish] preparations have reached level of a declaration of war and could lead to the outbreak of actual clashes in the coming days,’ YPG commander Sipan Hemo told Reuters. ‘We will not stand idly by against this potential aggression.’
The YPG, a Kurdish acronym for ‘People’s Protection Units,’ is the armed wing of the Syrian Democratic Union Party (PYD), and one of the main groups within the U. S.-backed Syrian Democratic Forces (SDF). The SDF launched an operation to expel the Islamic State from its de facto capital of Raqqa in early June, taking territory along the Euphrates River to the south of the town, and just this week punching through the ancient Rafiqah Wall that surrounds Raqqa’s Old City.
Turkey, for its part, was apoplectic over the American administration’s decision to not only work with, but arm, the Syrian Kurds, and as late as April outright threatened military action. Indeed, clashes broke out over the period of several days between the two sides soon after that threat in late April; the exchange left 11 Kurdish fighters dead.
This post was published at The Daily Sheeple on July 6, 2017.
The following video was published by The Daily Coin.org on Jul 6, 2017
We are living in one of the more interesting times in history. The global uprising by the people is hard to deny, unless, of course, you get all of your news from the deadstream media. As local, national and global economies continue to slip further into the abyss citizens of nations around the world are beginning to stand up, unite and become much more vocal about the embedded corruption, globalism and the truth of their individual circumstance.