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Is Communism Fueled by Love or Hatred?
Posted by M. C. on July 15, 2022
Posted in Uncategorized | Tagged: communism, Hatred, Love | Leave a Comment »
Pentagon diverted small business fund to defense industry giants
Posted by M. C. on July 15, 2022
A new report finds that in a single year, Raytheon, Lockheed Martin, L3Harris, and others got more than $300 million meant for smaller firms.
The pentagram is protecting…but it’s not you.
Written by
Tevah Gevelber and Connor Echols
In just one year, more than $300 million earmarked for small businesses ended up going to Lockheed Martin, Raytheon, L3Harris, and other top defense contractors, according to a recent report from the Project on Government Oversight (POGO).
The funds come from a pool of $33 billion that the Pentagon set aside to support small businesses in the defense industry, which have rapidly disappeared as the military sector has consolidated in recent years.
Experts say this misuse of funds threatens to force more small companies out of business, eliminating competition and empowering defense giants to drive up prices.
And since the program uses middlemen, taxpayers end up paying extra for gear from companies that have no problem selling directly to the Pentagon.
The sheer size of the program also allows officials to make big claims about supporting small businesses while pumping money toward traditional defense giants, according to Robert Burton, a lawyer who previously served as a high-level federal procurement official.
“We don’t generally have $33 billion contracts over 10 years,” said Burton. “This one is special because the DoD is getting credit for all $33 billion going to small business.”
David Goodreau, the president of the Small Business Aerospace Industry Coalition, said small businesses that contract with the Pentagon are tired of big promises with little payoff.
“There’s all kinds of reasons to exercise supply chain contraction, but not at the expense of telling everybody in your marketing materials and at your conferences […] about how you’re doing more for small business,” Goodreau said. “It’s a lie.”
Not your mother’s small business
The Tailored Logistics Support (TLS) program is administered by the Defense Logistics Agency (DLA), which conducts acquisitions for military services. The program manages the $33 billion small business contract, which it subcontracts to four intermediaries. The resellers are in turn supposed to fulfill their orders by purchasing from small business manufacturers. But not all of that money is getting where it’s meant to go.
To understand how this is happening, let’s look at one of these four intermediaries: Atlantic Diving Supply (ADS), which gets the vast majority of its revenue through the TLS program. At first glance, it might be hard to consider ADS — a corporation with more than $1 billion in annual revenue — a “small business.” But it plays a key role in the program, according to Nick Schwellenbach, the POGO report’s author.
“The idea of the program is that all sorts of federal agencies […] can go to DLA and say, ‘We have some special ops guys, we have some troops who need knives or rifle scopes or new boots, and we don’t want to go through the traditional contracting process. We want to do this quickly,’” Schwellenbach said.
Intermediaries like ADS, which have the know-how to work smoothly with the Pentagon, can in turn seek out small businesses to produce the gear and then sell it to the government. As Schwellenbach argues (and the Pentagon implies in its marketing), contracting to small businesses speeds up procurement, generates new ideas, and keeps prices low by encouraging competition.
But there’s a loophole in the system: ADS can contract out to businesses of any size if it gets a waiver approved by the Small Business Administration.
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Posted in Uncategorized | Tagged: L3Harris, Lockheed Martin, Pentagon, POGO, Raytheon, Small Businesses | Leave a Comment »
Yellen Says Russian Officials Have No Place at G20 Meeting
Posted by M. C. on July 15, 2022
Just the good little boys and girls that do what they are told are allowed to play.
By Andrea Shalal
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said Russian President Vladimir Putin’s war against Ukraine was causing a negative spillover around the world and Russian officials had no place at this week’s meeting of the Group of 20 major economies.
Speaking at a news conference on the sidelines of a G20 meeting of finance officials, Yellen called on the global community to hold Russia accountable for the war and its dramatic impact on energy prices and rising food insecurity.
Yellen dodged a question about whether she would walk out when Russian officials spoke, as she and other Western leaders did during the last such meeting in Washington in April, but said she would condemn Russia’s invasion of Ukraine “in the strongest possible terms”.
“I think I’ve made clear that it cannot be business as usual with respect to Russia’s participation at these meetings,” she said, adding that she looked forward to welcoming Ukraine’s finance minister to the meetings.
Yellen said she would continue to push hard for a cap on the price of Russian oil that she said would help lower energy prices and maintain global oil flows after European and potentially British and U.S. sanctions on the transport of Russian oil take effect at the end of the year…
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‘Cost-Free’: Biden Admin May Soon Infuse the IMF With $650 Billion ‘for Ukraine’
Posted by M. C. on July 15, 2022
A globalist plan of action with a truly nefarious agenda.
So what is that? Half the real US military budget?
By Jordan Schachtel
The Dossier
https://dossier.substack.com/p/cost-free-biden-admin-may-soon-infuse
Democrats in Congress and their globalist billionaire backers are lobbying the Biden Administration to deploy hundreds of billions of dollars into the International Monetary Fund (IMF). The initiative is being advertised to “save Ukraine” and impoverished nations, but it acts as an instrument to further centralize monetary power.
In a letter this week that was signed by almost 50 democrat members of Congress, the politicians pressed the Biden Administration to infuse the IMF with $650 billion worth of Special Drawing Rights (SDRs), bringing the international institution an enormous amount of capital to increase its lending and borrowing capacity.
Last year, citing the economic pain caused by their own COVID policies, Congress passed a bill resulting in the IMF approving a $650 billion SDR package. Now, it is being rebranded to “help Ukraine.” According to the letter, Biden can approve an additional $650 billion in liquidity without any new legislation from Congress. With the stroke of a pen, Joe Biden can instruct the Treasury to send $650 billion into a black hole.
The legislators describe the proposed money creation as “a simple, rapid, and cost-free way to enable Ukraine, its neighboring allies, and developing countries to respond to, and build back better from, these combined international crises.”
Yes, they labeled it cost-free.
The below IMF infographic provides the “official” explanation for what an SDR is, and what it is based upon. In short, it empowers the IMF’s largest stakeholders with a centralized reserve token with which to lend and borrow money as it sees fit. As the infographic explains, new SDRs are allocated to member countries in proportion to their relative share in the IMF, bringing more credit power to already powerful states.

Of course, there is no benefit to the average citizen, as SDRs are controlled by the people in charge, and it can potentially increase monetary debasement.
Moreover, there is a much more nefarious agenda in play here. The real purpose of an SDR, as outlined in IMF literature, is the continuing centralization of fiat currency systems, to the point that the SDR becomes the only game in town.
As the Mises Institute explains:
“The short-term plan, therefore, is to remove any remaining checks on fiat inflation at an international level, and to allow the deficits of sovereign debtors to soar. The long-term plan … is to make SDR the global paper money.”
In the words of the late Austrian economist Murray Rothbard, the plan amounts to this reality:
“An internationally coordinated and controlled world-wide, paper-money inflation, a fine-tuned inflation that would proceed unchecked upon its merry way until, whoops!, it landed the entire world smack into the middle of the untold horrors of global runaway hyperinflation.”
This extra liquidity would allow select IMF member states to move around hundreds of billions of dollars with no oversight. The creation of more SDRs makes for an even more centralized monetary environment, in which allocations of capital are made not according to market forces, but based on the whims of unaccountable bureaucrats.
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Posted in Uncategorized | Tagged: 650 Billion, Biden Admin, IMF, Ukraine | Leave a Comment »
Weekly Update — How Much Did the US Government Pressure Twitter to Ban Alex Berenson?
Posted by M. C. on July 15, 2022
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7/1/22 Alan MacLeod on the Alarming Number of Ex-FBI Agents Working at Twitter
Posted by M. C. on July 15, 2022
by Scott
Scott talks with Alan MacLeod about the reporting he’s done on the surprising number of former FBI agents who have joined the content moderation department at Twitter. He runs through some specific examples of people who have spent their careers working for the Bureau before pivoting to join the tech company. He also talks about the research he’s done into Facebook, Google, TikTok and Reddit.
Discussed on the show:
- “The Federal Bureau of Tweets: Twitter is Hiring an Alarming Number of FBI Agents” (Mintpress News)
Alan MacLeod is Senior Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent, as well as a number of academic articles. Follow him on Twitter @AlanRMacLeod.
This episode of the Scott Horton Show is sponsored by: The War State and Why The Vietnam War?, by Mike Swanson; Tom Woods’ Liberty Classroom; ExpandDesigns.com/Scott; EasyShip; Free Range Feeder; Thc Hemp Spot; Green Mill Supercritical; Bug-A-Salt and Listen and Think Audio.
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Is a US-Russia War Becoming Inevitable?
Posted by M. C. on July 15, 2022
Will joining NATO be a death sentence for Finland?
At the NATO summit in Madrid, Finland was invited to join the alliance. What does this mean for Finland?
If Russian President Vladimir Putin breaches the 830-mile Finnish border, the United States will rise to Helsinki’s defense and fight Russia on Finland’s side.
What does Finland’s membership in NATO mean for America?
If Putin makes a military move into Finland, the U.S. will go to war against the world’s largest nation with an arsenal of between 4,500 and 6,000 battlefield and strategic nuclear weapons.
No Cold War president would have dreamed of making such a commitment — to risk the survival of our nation to defend territory of a country thousands of miles away that has never been a U.S. vital interest.
To go to war with the Soviet Union over the preservation of Finnish territory would have been seen as madness during the Cold War.
Recall: Harry Truman refused to use force to break Joseph Stalin’s blockade of Berlin. Dwight Eisenhower refused to send U.S. troops to save the Hungarian freedom fighters being run down by Soviet tanks in Budapest in 1956.
Lyndon B. Johnson did nothing to assist the Czech patriots crushed by Warsaw Pact armies in 1968. When Lech Walesa’s Solidarity was smashed on Moscow’s order in Poland in 1981, Ronald Reagan made brave statements and sent Xerox machines.
While the U.S. issued annual declarations of support during the Cold War for the “captive nations” of Central and Eastern Europe, the liberation of these nations from Soviet control was never deemed so vital to the West as to justify a war with the USSR.
Indeed, in the 40 years of the Cold War, NATO, which had begun in 1949 with 12 member nations, added only four more — Greece, Turkey, Spain and West Germany.
Yet, with the invitation to Sweden and Finland to join as the 31st and 32nd nations to receive an Article 5 war guarantee, NATO will have doubled its membership since what was thought — certainly by the Russians — to have been the end of the Cold War.
All the nations once part of Moscow’s Warsaw Pact — East Germany, Poland, Hungary, the Czech Republic, Slovakia, Romania, Bulgaria — are now members of a U.S.-led NATO — directed against Russia.
Three former republics of the USSR — Estonia, Latvia, Lithuania — are now also members of NATO, a military alliance formed to corral and contain the nation to which they had belonged during the Cold War.
Lithuania, with 2% of Russia’s population, has just declared a partial blockade of goods moving across its territory to Kaliningrad, Russia’s enclave on the Baltic Sea.
To Putin’s protest, Vilnius has reminded Moscow that Lithuania is a member of NATO.
It is a dictum of geostrategic politics that a great power ought never cede to a lesser power the ability to draw it into a great war.
In 1914, the kaiser’s Germany gave its Austrian ally a “blank check” to punish Serbia for its role in the assassination of the Archduke Francis Ferdinand, heir to the Austrian throne. Vienna cashed the kaiser’s check and attacked Serbia, and the Great War of 1914-1918 was on.
In March 1939, Neville Chamberlain issued a war guarantee to Poland. If Germany attacked Poland, Britain would fight on Poland’s side.
Fortified with this war guarantee from the British Empire, the Poles stonewalled Hitler, refusing to talk to Berlin over German claims to the city of Danzig, taken from her at the 1919 Paris Peace Conference.
On Sept. 1, 1939, Hitler attacked and Britain declared war, a war that lasted six years and mortally wounded the British Empire.
And Poland? At Yalta in 1945, Winston Churchill agreed that a Soviet-occupied Poland should remain in Stalin’s custody.
Putin is a Russian nationalist who regards the breakup of the USSR as the greatest calamity of the 20th century, but he is not alone responsible for the wretched relations between our countries.
We Americans have played a leading role in what is shaping up as a Second Cold War, more dangerous than the first.

Over the last quarter-century, after Russia dissolved the Warsaw Pact and let the USSR break apart into 15 nations, we pushed NATO, created to corral and contain Russia, into Central and Eastern Europe.
In 2008, neocons goaded Georgia into attacking South Ossetia, provoking Russian intervention and the rout of the Georgian army.
In 2014, neocons goaded Ukrainians into overthrowing the elected pro-Russian regime in Kyiv. When they succeeded, Putin seized Crimea and Sevastopol, for centuries the home base of Russia’s Black Sea fleet.
In 2022, Moscow asked the U.S. to pledge not to bring Ukraine into NATO. We refused. And Putin attacked. If Russians believe their country has been pushed against a wall by the West, can we blame them?
Americans appear dismissive of dark Russian warnings that rather than accept defeat in Ukraine, the humiliation of their nation, and their encirclement and isolation, they will resort to tactical nuclear weapons.
Is it really wisdom to dismiss these warnings as “saber-rattling”?
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Posted in Uncategorized | Tagged: Finland, NATO, US-Russia, war | Leave a Comment »
Postmodernism Is A Transformation Of Marxism
Posted by M. C. on July 14, 2022
Post modernism is lipstick on the world wide failure that is communism.
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Posted in Uncategorized | Tagged: Marxism, postmodernism | Leave a Comment »
Watch “The Case Against Public Schooling and Vouchers” on YouTube
Posted by M. C. on July 14, 2022
Why should libertarians be calling for the separation of school and state rather than school vouchers? Join FFF president Jacob G. Hornberger and Citadel professor Richard M. Ebeling as they discuss this burning issue.
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Posted in Uncategorized | Tagged: Public Schooling, Vouchers | Leave a Comment »
Inflation Hits 9.1 Percent after Months of Empty Talk at the Fed
Posted by M. C. on July 14, 2022
With this latest CPI inflation data, however, pressure will only mount on Powell to push through a full 1 percent rate hike. That, however, would make government debt much more expensive to service, tank the real estate industry, and lead to many household defaults on mortgages and auto payments. Unemployment would follow, and then what sliver of data would the Fed use to convince us that the economy is doing swell?
https://mises.org/wire/inflation-hits-91-percent-after-months-empty-talk-fed
The US Bureau of Labor statistics released new Consumer Price Index inflation estimates this morning, and the official numbers for June 2022 show that price inflation has risen to 9.1 percent year over year. That’s the biggest number since November 1981, when the price growth measure hit 9.6 percent year over year. The month-over-month measure surged as well, with the CPI measure hitting 1.4 percent. That’s the highest month-over-month growth since March 1980, when the measure hit 1.5 percent.
June marks the fifteenth month in a row during which CPI inflation has been more than double the Fed’s 2 percent target inflation rate. CPI inflation has been more than triple the 2 percent target for the past nine months, and year-over-year growth in CPI inflation has been near forty-year highs for the past eight months.
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