MCViewPoint

Opinion from a Libertarian ViewPoint

Archive for the ‘Uncategorized’ Category

Why Employers and Families—Not Bureaucrats—Should Be In Charge of Immigration Policy | Mises Wire

Posted by M. C. on July 29, 2023

Quota systems like this, however, have always smacked of central planning and anti-capitalism. They engage in wholesale prohibition and regulation of entire classes of immigrants, regardless of the wants or needs of native employers, families, and charitable groups who might be interested in hosting these immigrants.

A wholesale ban on immigrants from Country X is about as compatible with a free economy as is a ban on imports from Country Y. It’s nothing more than a case of politicians deciding arbitrarily what sorts of economic activity Americans will be allowed to engage in.

https://mises.org/wire/why-employers-and-families-not-bureaucrats-should-be-charge-immigration-policy

Ryan McMaken

It’s become common now to read arguments claiming that immigrants — broadly speaking —  are good for the economy, or good for “America” in some other fashion.

Migrants and refugees are good for economies,” Nature magazine claims. “Open Immigration Is Good for the Health of People and the Economy,” another writer claims. “1,500 economists to Trump: Immigrants are good for the U.S. economy,” CNN insists.

Now, I’m not one to argue against freedom of contract and exchange between US citizens and foreign nationals. In other words, if a private employer wishes to offer a job to a foreign national, that foreign national should be free to accept. Similarly, if an American landlord wants to enter into a lease agreement with a foreigner, that ought to be the landlord’s prerogative.

Note that in these cases, however, the private parties involved are specific individuals. The landlord and the employer have not entered into agreements with some vague concept of “immigrants.” They’re doing business with certain individuals who happen to be immigrants.

At the heart of this reality is a very important fact: immigrants are not homogeneous. Each person has different skills, different needs, and different luck. Moreover, immigrants aren’t even homogeneous within certain national groups. An English-speaking middle-class non-felon from Mexico clearly has little in common with a gangland assassin from the same country.

Thus, we cannot say that immigrants in general are good for the economy or good for anything else. Some are. Some aren’t.

For this reason, it would of course also be factually incorrect to say “migrants and refugees are bad for economies,”or “immigrants cause crime” or “immigrants are a burden on the public purse.” No doubt this is true about some immigrants.But it’s certainly not true of all of them. Thus, every time I see a headline that blares “Immigrants are good for America,” I wonder: “Do they mean all of them?”

But which ones are delightful neighbors and customers, and which ones are future drains on the taxpayer?

This has always been the central problem of immigration policy.

A Different Approach

Contrary to myths about the United States having totally open borders in the nineteenth century, many US states did, in fact, employ a variety of legal schemes to prevent entry to certain immigrants who were thought to be paupers who would be a drain on the public purse. (States did this because most people at the time agreed the federal government was not granted power of immigration matters.) New York and Massachusetts were especially notable for efforts to refuse entry to certain immigrants thought to be unemployable.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Private Corporations Don’t Cause Price Inflation. Governments Do. | Mises Wire

Posted by M. C. on July 29, 2023

So why do these “experts” blame large corporations for something—price inflation—they do not cause? Because the objective is to increase government control of the economy and destroy private business that are large enough to be economically independent. They do not care about small businesses because those are already asphyxiated by taxes and small and medium enterprises are easily forced to depend on the government.

https://mises.org/wire/private-corporations-dont-cause-price-inflation-governments-do

Daniel Lacalle

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

What Happens If the Cow Moves Away?

Posted by M. C. on July 29, 2023

That’s precisely what has been happening in the state of California, one of the biggest welfare-state havens in the United States. After several decades of plundering and looting the producing sector to fund its welfare-state way of life, the producers have been moving out of the state to protect themselves from the parasites. 

by Jacob G. Hornberger

In a welfare state, there are two sectors: the parasitic sector and the producing sector. The parasitic sector attaches onto the producing sector and begins sucking the lifeblood out of the producing sector, much like leeches that attach themselves to a cow and begin sucking blood out of the cow.

The leeches have to be careful, however. Their survival and well-being depend on the cow remaining alive. If the leeches get too greedy and too voracious, they will suck so much blood out of the cow that the cow ends up dying, which is not a good thing for the leeches. 

Thus, the leeches must work out a balance in which they suck just enough blood out of the cow to keep the leeches happy and prosperous but not so much blood that the cow dies.

That’s what statist politicians and bureaucrats do with the welfare state. They aim to suck just enough money out of the producing sector through taxation to keep them well and prosperous, but they take great care to not take so much booty that they end up killing the productive sector.

Licensed under Creative Commons.

But what happens when the cow decides to just move away? What do the parasites do then?

That’s precisely what has been happening in the state of California, one of the biggest welfare-state havens in the United States. After several decades of plundering and looting the producing sector to fund its welfare-state way of life, the producers have been moving out of the state to protect themselves from the parasites. 

According to an article at Los Angeles’s KTLA, 

For the third straight year, the state of California has experienced a decline in population, according to U.S. Census Bureau data, and many of those packing up and heading east are some of the state’s wealthiest.

A study of IRS Migration Data by an online real estate portal found that no state experienced a larger loss of tax income from migration than California.

The study, conducted by MyElisting.com, found that California lost more than $340 million in 2021 IRS tax revenue due to residents moving.

The states to which these wealthy people are moving include Florida and Texas, which, not coincidentally, do not have a state income tax.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , | Leave a Comment »

Capitol Hill Is An Assisted Living Facility For Psychopaths: Notes From The Edge Of The Narrative Matrix

Posted by M. C. on July 29, 2023

As long as we know the truth is being hidden from us and often aggressively criminalized, and as long as we know they’ll feed us lies and manipulations whenever it’s convenient, intense skepticism is the only rational position to hold.

https://substack.com/inbox/post/135517235

Caitlin Johnstone

One major problem with media literacy is that everyone is taught to watch out for liberal bias and conservative bias, but nobody is taught to watch out for US empire bias.

Two things are clear:

1. It would be completely irrational and insane for the US to go to war with China.

2. The US is plainly preparing to go to war with China.

These two points can appear contradictory, but only if you first assume that the US empire is rational and sane.

They’re rapidly surrounding China with war machinery, and Biden’s pick for the nation’s top military position wants to escalate this. What does that look like to you?

The only two political views you’re allowed to have are (A) the US should rule the world with an iron fist and the biosphere should be fed into the insatiable mouth of capitalism or (B) the US should rule the world with an iron fist and the biosphere should be fed into the insatiable mouth of capitalism, but racistly.

Capitol Hill is an assisted living facility for psychopaths. It’s where people who receive sexual gratification from dropping military explosives on civilians go to wait for the sweet embrace of death. The whole place smells like night terrors and urine.

Does it not seem odd to anyone else how it appears we are being drip-fed the mainstream UFO narrative in steadily stranger increments? In 2017 it was “yeah there’s these craft and we don’t know what they are but haha we’re not saying it’s aliens hahaha,” then later it was “oh yeah they could totally be aliens because we don’t have that kind of tech,” now it’s “they’re extraterrestrial or extradimensional beings and our government is hiding their dead bodies and reverse engineering UFOs and they definitely pose a national security threat”.

I mean, if you wanted to pace the public from “aliens and UFOs are ridiculous tinfoil hat nonsense” to “aliens and UFOs are real and the government needs to do something about them,” I can’t imagine it looking much different from what it’s looked like between 2017 and 2023.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Who’s Behind “BAN RFK Jr”?

Posted by M. C. on July 29, 2023

Moskovitz is most famous for co-founding Facebook alongside Mark Zuckerberg in 2004. Facebook is a co-defendant in a lawsuit brought by Kennedy’s Children’s Health Defense and other plaintiffs censored by the platform in collusion with the Biden administration.

Liam Sturgess

Over the weekend, Democrats across the country received a text message “begging” them to sign a petition to “BAN Robert F. Kennedy from the ballot.” Signed “PTP,” the hyperlink leads recipients to the website for the Progressive Turnout Project, where a survey asks a series of politically-charged questions.

Grassroots campaigns like this are not new. However, the attempt to prevent the American people from having the choice to vote for their preferred candidate is. This continues an unprecedented string of attacks on Robert F. Kennedy Jr. and the First Amendment itself.

The group behind the campaign is the Progressive Turnout Project, a political action committee (PAC) that has been described as “the largest voter contact organization in the country.” It has a series of sub-organizations operating under different names, two of which are also engaged in the BAN RFK petition: Stop Republicans and Progressive Takeover.

We at The Kennedy Beacon were curious why this pro-Democrat PAC would be pushing for RFK Jr.’s removal from the ballot, so we followed the money.

Using the most recent publicly-available data from OpenSecrets, we discovered that the single largest donation to the PTP came from Dustin Moskovitz.

Moskovitz is most famous for co-founding Facebook alongside Mark Zuckerberg in 2004. Facebook is a co-defendant in a lawsuit brought by Kennedy’s Children’s Health Defense and other plaintiffs censored by the platform in collusion with the Biden administration.

Moskovitz also co-founded a project management application called Asanain 2008. Between these two massively profitable companies, Moskovitz generated so much wealth that he was identified by Forbes in 2011 as the world’s youngest self-made billionaire, even beating out Zuckerberg.

After earning his fortune in big tech, Moskovitz and his future wife, Cari Tuna, signed on to “The Giving Pledge,” committing to give away the vast majority of their money before the end of their lives. The Giving Pledge was the creation of mega-millionaires Bill Gates and Warren Buffett, with co-signatories including Elon Musk, Zuckerberg, George Lucas, David Rockefeller, and Sam Bankman-Fried, founder of the recently-collapsed FTX cryptocurrency trading platform.

To accomplish their goal, Moskovitz and Tuna embraced a philosophy of “effective altruism.” According to its proponents, effective altruists seek to direct funding towards the people and organizations most likely to accomplish a given intended outcome for the betterment of humanity and the planet —often focusing on topics such as artificial intelligence, natural disasters, and combating “misinformation/disinformation.”

With effective altruism as their anchor, Moskovitz and Tuna started the Good Ventures Foundation in 2011. The focus of their philanthropy was to include biomedical research, pandemics & bioterrorism, education, food security, foreign aid, geoengineering, global health & development, immigration, nanotechnology and treatment of animals. Good Ventures also partnered with the Bill & Melinda Gates Foundation to co-fund research related to infectious diseases in Africa.

In August 2014, Good Ventures partnered with a similar organization called GiveWell to launch the Open Philanthropy Project, which would recommend grants for Good Ventures to fulfill (paid for by Moskovitz).

In the years leading up to COVID-19, Moskovitz used Open Philanthropy and Good Ventures to provide significant funding toward pandemic preparedness and biosecurity. Open Philanthropy is also listed as the primary sponsor of a series of tabletop pandemic “war games,” during which world leaders practice how they might respond to various scenarios involving outbreaks of novel viruses, whether man-made or of natural origin. Some examples include Clade X (May 2018);  A Spreading Plague (February 2019); and of course, the infamous Event 201 (October 2019).

Open Philanthropy also funded an exercise in March 2021 that was eerily accurate in its predictions of the upcoming outbreak of monkeypox, which appeared right on schedule a year later.

Each of these pandemic war games led to a set of recommendations, all of which emphasized the need to merge the public and private sectors in order to reduce regulatory barriers, combat mis/disinformation, and minimize accountability. (Kennedy provides a comprehensive summary of these war games in his book, The Real Anthony Fauci.)

As the COVID-19 crisis emerged, Open Philanthropy began providing millions of dollars to help shape America’s institutional response. In March 2020, they provided a $250,000 grant to a think tank called the Center for Global Development to support work “developing COVID-19 response guidelines and decision support tools to disseminate to local leaders,” which were “intended to help local leaders take appropriate measures to limit the spread of the virus.”

Read the Whole Article

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

Funny How The UFO Narrative Coincides With The Race To Weaponize Space

Posted by M. C. on July 28, 2023

I am 100 percent wide open to the possibility of extraterrestrials and otherworldly vehicles zipping around our atmosphere. What I am not open to is the claim that the most depraved institutions on earth have suddenly opened their mind to telling us the truth about these things, either out of the goodness of their hearts or because they were “pressured” by UFO disclosure activists.

https://www.caitlinjohnst.one/p/funny-how-the-ufo-narrative-coincides?utm_source=substack&utm_medium=email

Caitlin Johnstone

If Wednesday’s House Oversight subcommittee hearing on UFOs had happened ten years ago instead of today, it would have shaken the world. Imagine someone from 2013 hearing congressional testimonies about “routine” military pilot encounters with giant flying tic tacs, floating orbs, 300-foot red squares, and cubes in clear spheres zipping around in ways that surpass all known earthly technology by leaps and bounds, or about secret government possession of otherworldly aircraft they’re trying to reverse engineer and the dead bodies of their non-human pilots, or about the possibility that these creatures are not merely extraterrestrial but extra-dimensional. Their jaws would have hit the floor.

Now in 2023 we’ve been getting incrementally drip-fed bits and pieces of these stories for six years, so the scene on Capitol Hill on Wednesday didn’t have the impact it would’ve had in 2013. It’s making headlines and getting attention, but not as much as Sinead O’Connor’s death or people’s thoughts on Barbie and Oppenheimer. The response from the general public could be described as a collective nervous laugh and a shrug.

People scroll past the footage from the hearing on social media, go “Whoa, that’s weird,” and move on with their lives. The information’s going in, but just kind of on the periphery of mainstream consciousness. Maybe next year they’ll show us something that would’ve been even more shocking to someone in 2013 than Wednesday’s hearing would’ve been, and it will be met with the same nervous laugh and shrug by the people of 2024.

Of course in the circles I tend to interact with, the response is a bit different. People who are highly skeptical of the US war machine tend to also be highly skeptical of this UFO narrative we’ve been seeing since 2017.

“Distraction” is a word you hear a lot. “It’s just a distraction from ______”, where “______” is whatever hot story they personally happen to be fascinated by at the moment. I personally don’t buy that explanation; the new UFO narrative wasn’t just cooked up at the last minute to distract from current headlines, it’s been unfolding for six years, and people aren’t even paying that much attention to it. The empire doesn’t tend to orchestrate spectacular events as a “distraction” anyway; the adjustment of public attention tends to take the much more mundane form of agenda setting in the media, where some stories receive more attention than others based on what’s convenient for the oligarchs who own the press.

I also see people theorizing that this is all a ploy to ramp up the US military budget. There could totally be something to that, but again this narrative has been unfolding for six years and so far the military budget has just been swelling in the usual yearly increments as always.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , | Leave a Comment »

Hail the Speculators! They Take the Necessary Economic Risks in Our Economy | Mises Wire

Posted by M. C. on July 28, 2023

Because strawberries are about to become much scarcer, it is important to conserve them now while we have them so that strawberries don’t entirely disappear when the disease fully hits. Fewer strawberries are consumed now, but more of them will be available later. In essence, that information about future strawberry crops is now being factored into present prices. Who is responsible for this change in price? The speculator.

https://mises.org/wire/hail-speculators-they-take-necessary-economic-risks-our-economy

J.W. Rich

There are few individuals as reviled and vilified in our modern age as speculators. Economic turmoil of all shapes and sizes are placed squarely on their shoulders. Why do we have recessions from time to time? Because of the irrational speculators, of course. Why do economic bubbles exist? Because of wild overspeculation, undoubtably. Why are prices rising so quickly? The ceaseless activity of the speculators, no doubt. Yet it is seldom—if ever—asked in the public consciousness whether the speculator serves any valuable purpose. Most believe him to be a pointless and unwanted parasite in society, but is this really the case?

First, what is a speculator? A speculator is someone who leverages money on the outcome of future events. One can speculate over almost anything imaginable: that a company will succeed, that a company will fail, that the economy will boom, that the economy will bust, and on and on. If a speculator is relatively more correct in his view of the future, then he will make money. If he is relatively less correct, then he will lose money. In essence, the speculator appraises what future market conditions will be and invests according to that judgement.

With this description of the role of the speculator, the charges leveled against him are understandable. The speculator doesn’t produce or create anything at all! Why do we need speculators? If what everyone says about them is true, they seem to be much more trouble than they are worth. We can clearly see the economic purpose of farmers, bakers, manufacturers, and so on, but what economic purpose does the speculator serve?

First, it must be noted that the speculator with his forward-looking outlook isn’t unique from an economic point of view. All action, including action on markets, is always forward-looking. Action itself is the desire to utilize means for the attainment of ends. This means-ends interaction is one of cause and effect. Causes and effects never occur simultaneously, meaning that some passage of time is unavoidably involved. This unavoidable passage of time applies to all action. Because action deals in these cause-and-effect relationships, action itself cannot avoid the passage of time. Action always looks to the future, even if only the very near future. This applies to actions in markets as well; buying and selling, whether for production or consumption, are always future oriented.

Even so, we are not all speculators. We might engage in speculation through our actions, but this is qualitatively different than doing so as a profession. Given that speculation is a part of our daily lives, what social value is there in speculation done in pursuit of money? What does the speculator do for any of us?

The speculator, in his estimations and appraisements, alters market prices so that they factor in not only information about the present but information about the future as well. For instance, suppose that scientists announce that a deadly disease has started to spread among the strawberry crop, and that in several years, strawberries will be increasingly hard to find. At this point, the speculator leaps into action. He will start to purchase many of the strawberries being sold now in the hopes of selling them later at a higher price. This increase in present demand, along with the supply now decreased, will increase the price of strawberries. This higher price, however, acts as a signal.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , | Leave a Comment »

Cox, The War You’re Not Reading About

Posted by M. C. on July 28, 2023

The paucity of attention paid to civilian victims of the conflict in Sudan compared to Ukrainian civilians brings to mind the contrast between “worthy” and “unworthy” victims drawn by Edward Herman and Noam Chomsky in their 1988 book Manufacturing Consent. They contrasted the extensive mass-media coverage of the 1984 murder of a Polish priest, Jerzy Popieluszko, during the Cold War with the lack of the same when it came to more than two dozen priests and other religious people slaughtered by governments and death squads in El Salvador and Guatemala in those years.

By Priti Gulati Cox and Stan Cox

It’s been devastating, even if no one’s paying attention.

Three months of fighting in Sudan between the army and a paramilitary group called the Rapid Support Force (RSF) has left at least 3,000 people dead and wounded at least 6,000 more. Over two million people have been displaced within the country, while another 700,000 have fled to neighboring nations. According to the World Health Organization, two-thirds of the health facilities in Khartoum, the capital, and other combat zones are now out of service, so the numbers of dead and injured are believed to be far higher than recorded, and bodies have been rotting for days in the streets of the capital, as well as in the towns and villages of the Darfur region.

Almost all foreign nationals, including diplomats and embassy staff, are long gone and so, according to Al Jazeera, hundreds or thousands of Sudanese who had visa applications pending have instead found themselves marooned in the crossfire with their passports locked away inside now-abandoned embassies. In the Darfur region, according to non-Arab tribal leaders, the RSF and local Arab militias have been carrying out mass killings, raping women and girls, and looting and burning homes and hospitals. Earlier this month, United Nations humanitarian chief Martin Griffiths told the Associated Press, “If I were Sudanese, I’d find it hard to imagine that this isn’t a civil war… of the most brutal kind.”

According to the United Nations, half the country’s population, a record 25 million people, is now in need of humanitarian aid. And worse yet, half of those are children, many of whom were in dire need even before this war broke out. Tragically, global warming will only compound their misery. Among 185 nations ranked by the Notre Dame Global Adaptation Initiative, Sudan is considered the sixth most susceptible to harm from climate change.

Heat waves, drought, and flooding are projected to become ever more frequent and intense as the atmosphere above Sudan warms further. This summer war and weather have been converging in strikingly deadly ways. With cloudless skies, water and electricity services largely knocked out, and daily temperature highs in the capital recently ranging from 109° to 111° Fahrenheit, the misery is only intensifying. Meanwhile, in the Darfur region and across the border in eastern Chad, the season of torrential rains is about to begin. The country director for Concern Worldwide in Chad says that many of the quarter-million Sudanese refugees there “are living in makeshift tents made from sticks and any material they can find, which means they are not protected from the heavy rains. The situation is catastrophic.”

This Conflict Will Not Be Televised

Among the refugees from this war are some of our own relatives and in-laws, part of an extended Indian-Sudanese family who have lived in Khartoum all their lives. In May, they fled the escalating violence, some via a perilous, hair-raising 500-mile road trip across the Nubian Desert to Port Sudan. There, they caught a ship across the Red Sea to Jeddah, Saudi Arabia. Their goal, as they informed us in June through voice messages, was Egypt — so far, the most common destination for Sudanese refugees over the past three months. And mind you, desperate as they may be, our relatives are in a far less perilous situation than people fleeing the Darfur region for Chad. Still, they are leaving behind a life built up over decades, without knowing if they will ever be able to return to Khartoum.

And here — for us — is a disturbing reality. We’ve had to do a lot of searching to find significant information in the U.S. major media about the struggle in Sudan, no less the plight of its refugees — though recently there were finally substantive reports at NPR and in the Washington Post. Still, the contrast with 16 months of breathless, daily, top-of-the-hour reporting on the Ukraine war and the millions of people it’s displaced has been striking indeed.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »

Smoking Gun: New Evidence Proves Biden White House Coerced Facebook’s Rampant Censorship. Plus: Lee Fang on DHS, New Epstein Connections, & Anheuser-Busch Lobbyists | SYSTEM UPDATE #119

Posted by M. C. on July 28, 2023

Be seeing you

Posted in Uncategorized | Tagged: , , , , | Leave a Comment »

Doug Casey on Governments Targeting Retirement Funds… and What You Can Do About It

Posted by M. C. on July 27, 2023

And that is that the prime directive of any living entity—an amoeba, an individual, a corporation, a government, anything—is to survive. And it will attempt to do so at any cost.

International Man: Young adults saving into IRAs, 401(k)s, and other retirement accounts won’t be able to cash out for several decades.

What are the chances the government will change the rules before they retire?

Doug Casey: The chances are 100%.

by Doug Casey

Retirement Funds

International Man: Most Western governments, especially the US, have debt loads and spending commitments that guarantee they will eventually—likely someday soon—try to grab as much wealth as possible.

Retirement savings are a juicy target. But, unfortunately, they’re among the lowest-hanging fruit for any desperate government.

What’s your take on the situation?

Doug Casey: Let me remind you of something that I’ve said a number of times in the past. But it bears repeating because it’s so critical but overlooked, even while it’s so obvious.

And that is that the prime directive of any living entity—an amoeba, an individual, a corporation, a government, anything—is to survive. The government is an entity as distinct as General Motors or Apple Corporation, with its own peculiar interests. It isn’t “We the People”; that’s just a promotional catchphrase—propaganda. Its prime directive is to survive. And it will attempt to do so at any cost.

However, the US Government is already manifestly bankrupt. It has vastly more recognized liabilities than assets—forget about its huge contingent and hidden liabilities. But that’s just its balance sheet. Its income statement is equally out of control, running trillion-dollar deficits as far as the eye can see. To finance itself, it can only tax, borrow, and inflate the currency. Of course, it will do more of all three, but that will no longer be enough. It’s finally at the end game.

It’s inevitable that the government will now move towards confiscating, directly or indirectly, the huge pool of retirement savings some Americans—the prudent, productive ones—have put together. They’ll justify it with patriotic lies.

It’ll probably happen when the stock market melts down in earnest, we’re in the midst of a financial crisis, and the public is panicking. They’ll say, “people have lost so much money in the stock, bond, and real estate markets that we must safeguard what’s left. It’s best that we put all pension funds, IRAs, HR-10s, and what-not into a well-guarded communal pot, funded with sound government securities. We’ll put it in a lockbox and watch over it”.

Safety will be one way they’ll sell it to the scared and ignorant public. They’ll say we’re all in this together. They’ll say it’s time for solidarity. They’ll say that we have to keep “our” government solvent for reasons of patriotism. So let’s all hitch our wagons together and pull as one. They’ll conflate the interests of the government with the interests of society—which can sometimes overlap, of course, but are essentially different or even antithetical.

See the rest here

Be seeing you

Posted in Uncategorized | Tagged: , , , | Leave a Comment »