Signing Israeli bombs! What makes these people want the US to fight other countries battles?
Like the man said-Follow the money (and votes).
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Posted by M. C. on June 1, 2024
Signing Israeli bombs! What makes these people want the US to fight other countries battles?
Like the man said-Follow the money (and votes).
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Posted in Uncategorized | Tagged: Israel, Nikki Haley | Leave a Comment »
Posted by M. C. on May 31, 2024
Either China is very strong, he says, “in which case antagonizing China over issues directly in its backyard is stupid; or actually China is quite weak in which case antagonizing China in its backyard is unnecessary and counterproductive.” He continues, “In any event is hard to hard to imagine how the life of the average American would be improved by courting conflict with China, while it is quite easy to imagine countless ways in which it could be made worse.”
https://libertarianinstitute.org/articles/the-danger-is-not-china-but-the-fake-china-threat/

At times a book is convincing not only because its arguments are sound but also because of the author’s identity. It would be no surprise to encounter a book penned by a socialist or Sinophile that takes on the false portrait of China that graces the U.S. media. But Joseph Solis-Mullen, the author of The Fake China Threat And Its Very Real Danger, is neither socialist nor Sinophile.
Solis-Mullen is a libertarian in the mold of Randolph Bourne and Justin Raimondo. Hence, he is classified as a conservative in our impoverished political taxonomy. But his book is not written to appeal to people of any single political outlook. It is written with only one thing in mind, the interest of the American people and, dare I say, of humanity in general, China included. Hence it is of great utility for people across the political spectrum who sense that our people are being hoodwinked by fake China threats. It may answer your questions on China or those of your friends in ways understandable to the average American.
The Fake China Threat is Ubiquitous—and Dangerous
Solis-Mullens explains the purpose and scope of the fake China Threat as follows:
“On the one hand, (the fake China Threat) serves as a legitimating device, a new reason for continually climbing defense budgets…and for the continued meddling…in the affairs of other states…
“On the other hand, the fake China Threat serves as a convenient scapegoat for the end results of the bad policies that Washington has itself authored and for decades pursued. America deindustrialized? China’ fault. Millions of Americans hooked on drugs? China’s fault. The Saudis and Iranians don’t want the Americans around anymore? China’s fault. Et cetera.”
“There is one element of truth to the fake China Threat, however; the existence of an independent China (or Russia) is a threat to Washington’s accustomed ability to do more or less whatever it wants, wherever it wants. But the existence of an independent China is already a fact. Refusal on the part of Washington to accept it will cause more than theoretical problems, and therein lies the real danger.” [Emphasis Added]
To remedy that “real danger” is the purpose of this book as the author explains in these words:
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Posted in Uncategorized | Tagged: China, Fake China Threat, Joseph Solis-Mullen, Justin Raimondo, Randolph Bourne | Leave a Comment »
Posted by M. C. on May 31, 2024
A picture emerges of an aspirational Western industry captured lock, stock, and barrel by secretive, coal-loving Beijing. It’s a worry for the West’s economic development, never mind energy security and climate action. If solar is anything to go by, the great transition seems less based on data than a mixture of blind faith and vested interests.

China has the world over a barrel in more ways than we have been led to believe.

It isn’t so much that China has the biggest resources of these minerals. Rather it has the refining capacity to produce these materials. Note that most of these “lesser known base metals” don’t occur naturally on their own (like copper or tin), rather they occur concurrent with other minerals and are essentially a by-product of refining common base metals. Of course, refining minerals is a messy, polluting, and energy intensive business that few countries want to engage or allow. In doing so, they open themselves up to national security issues.
All rather interesting, but what I’d like to point out is that there exists the probability that this all becomes weaponised. Reducing or entirely eliminating supply of these critical resources to “non-friendly” nations is increasingly becoming a real threat. That in itself would entail significant supply disruptions, higher costs of production (much higher), and subsequent acceleration of stagflation.
We thought we had it all before with the TMT bubble of 2000 (goodness, that is now 24 years ago). But history has been rewritten highlighting the extreme performance of one theme against another. Real assets are more out of favour compared to financial assets than at any time since the 1920s. Some random charts we found on the information superhighway providing illustrative view of what we’re saying.

Any relationship in the chart above to the one below?

OK, let’s put it another way. What if the US 10-year yield is 10% 10 years from now? How do you think real assets would have performed vs financial assets?
Just a reminder of how out of favour materials and energy are compared to the broader market. Granted this is over a year old, but not much has changed since then.

We recall a couple of years ago when Tesla had a greater market cap than the S&P 500 energy sector and Microsoft had bigger market cap than the S&P Materials and Energy sectors combined. Seems like not much has changed on a global scale.

Taking out Saudi Aramco, Microsoft, and Apple have about the same market cap as the global energy sector.
Finally someone who has dug deep into the assumptions:

You really have to read the article. It’s a humdinger. But first, a warning to the tree huggers who buy the concept that paying more taxes to multiple home owning, jet setting globalists in order to eliminate a gas that is 0.04% of the atmosphere and for which all plants are dependent upon. My friends and colleagues over at International Man said it well:

But back to the report. Check out these snippets:
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Posted by M. C. on May 30, 2024
by Jim Bovard
While politicians speak of free public education, it is the parents who are paying much, if not most, of the bill for their children’s education. Yet paying for schooling indirectly effectively turns parents from buyers into beggars. Regrettably, there is no way that parents can sue the government officials who forcibly sacrificed their children on an altar of equality.
https://libertarianinstitute.org/articles/forced-busing-biggest-dei-debacle-in-u-s-history/

President Joe Biden seeks to boost government school spending to close the achievement gap between white and black students. According to the Biden administration, disparities in student test scores justify further government intervention. But Biden ignores how previous government education decrees ravaged Americans’ freedom and domestic tranquility.
In a speech earlier this month, Biden touted the 70th anniversary of the Supreme Court decision on Brown v. Board of Education. That decision ruled that “separate but equal” systems that intentionally segregated students by race violated the Fourteenth Amendment. That decision resulted in profound changes in southern states that had created parallel but inferior school systems for blacks, along with other barriers for learning.
In his speech, Biden sniped at Republicans and conservatives, claiming, “We have a whole group of people out there trying…to erase history.” But the biggest erasure involves the largest Diversity, Inclusion, and Equity crusade in American history—the forced busing that disrupted many cities and metropolitan areas from the 1970s onwards.
Ten years after Brown v. Board of Education, Congress enacted the Civil Rights Act of 1964, which specified that “‘desegregation’ means the assignment of students to schools ‘without regard to their race,’ and ‘shall not mean’ assignment ‘to overcome racial imbalance.’” Regardless of the clear language of the law, the Supreme Court began rubberstamping court decrees that compelled the busing of children far from home to satisfy constantly changing demands for racial balance. As professor Lino Graglia noted in his 1976 classic, Disaster by Decree: The Supreme Court Decisions on Race and the Schools, forced busing was “the compulsory transportation of school children out of their neighborhoods to increase school racial mixing or ‘balance.’”
Though the issue may seem obscure if not archaic to many young voters, forced busing was briefly a hot issue in the Democratic presidential race in 2019. During one of the debates, Kamala Harris attacked Joe Biden for having opposed forced busing in the 1970s, his first decade in Congress. Biden was mentally sharper then than he is now, so he did not falsely claim to have been a heroic civil rights demonstrator who was arrested at the South African embassy after almost being at the famous 1965 Selma protest. In his response to Harris, Biden stressed that busing should have been “a local decision made by your city council.”
Harris demanded to know: “Do you agree that you were wrong to oppose busing in America?”
Biden denied that he opposed busing per se: “What I opposed was busing ordered by the Department of Education.” Actually, the federal Department of Education was not created until late in the 1970s and it had no power to order busing. The vast majority of busing conflicts stemmed from judicial decrees, which Biden seemed to understand a half century earlier.
According to Harris, forced busing was necessary “because there are moments in history where states fail to preserve the civil rights of all people”—and thus the federal government must intervene.
Biden’s narrative on busing has evolved over the last half century. In 2007, in his first memoir, Promises to Keep: On Life and Politics, Biden called busing a “liberal train wreck” that was “tearing people apart.” He honestly admitted: “White parents were terrified that their children would be shipped into the toughest neighborhoods in Wilmington; black parents were terrified that their children would be targets of violence in the suburban schools. Nobody was happy.” Biden endorsed legislation in the 1970s to limit the power of federal judges to order busing. His position on busing was one of his signature issues before he became one of the most fanatic supporters of the federal War on Drugs the following decade.
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Posted in Uncategorized | Tagged: Brown v. Board of Education, DEI, Forced Busing, Joe Biden, separate but equal | Leave a Comment »
Posted by M. C. on May 29, 2024
Mindless
Guess who else has had enlistments drop for decades.
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Posted in Uncategorized | Tagged: Europeans, Mentality, Military Draft | Leave a Comment »
Posted by M. C. on May 29, 2024
Sometimes it seems as if we just can’t learn, even when we’re talking about America’s centers of higher learning, its colleges and universities. In mid-April — the day after being grilled and intimidated by House Republicans — Columbia University’s president Nemat “Minouche” Shafik decided not to listen to, or even negotiate with, her own students. Instead, she called in the police to dismantle a peaceful tent encampment protesting the horrors then underway in Gaza. For anyone who remembers the past history of on-campus antiwar protests, it was almost ludicrously predictable that, in doing so, she would launch a set of remarkably peaceful protests on more than 500 campuses nationwide that, despite the arrival of so many police on campus and nearly 3,000 arrests, have yet to end (and, in fact, have spread elsewhere on the planet).
And talking about not learning, imagine this: Last October 7th, the Israelis had a thoroughly grim set of war crimes committed against them by Hamas. Their response would prove to be a set of crimes so staggering that they’ve left Hamas’s horrors — and they were horrors of the first order — in the shade, removing almost all sympathy for Israel globally.
Sound familiar? And the thing we so often forget, whether the subject is Israel and Gaza or student protests in this country, is that when such horrors occur, there’s always a history that has, in some grim fashion, prepared the way for them.
With that in mind, consider Michael Gould-Wartofsky’s latest piece on the all too many increasingly armed camps that now pass for colleges and universities. Such campuses, barricaded, walled off, and sometimes occupied by local police, don’t come out of the blue either. In fact, Gould-Wartofsky has been writing about the creation of just such a “homeland security campus” for TomDispatch since 2008 — about the creation, that is, of what, by 2012, he was already calling Repress U.! Tom
The academic year that just ended left America’s college campuses in quite a state: with snipers on the rooftops and checkpoints at the gates; quads overrun by riot squads, state troopers, and federal agents; and even the scent of gunpowder in the air.
In short, in the spring semester of 2024, many of our campuses came to resemble armed camps.
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Posted in Uncategorized | Tagged: Campus, Gaza, Homeland Security, homeland security campus, Michael Gould-Wartofsky | Leave a Comment »
Posted by M. C. on May 29, 2024
So much for ending the endless wars. Haley’s puppet strings are pulled directly from the pentagram.
Former President Donald J. Trump on Thursday opened the door to bringing Nikki Haley into his circle, another step in what looked to be a thawing of hostilities between the two former rivals.
“Well, I think she’s going to be on our team because we have a lot of the same ideas, the same thoughts,”
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Posted by M. C. on May 28, 2024
Biden claimed to end ‘offensive’ support for Saudi Arabia’s war in Yemen back in 2021 but continued to back the bombing campaign
It saves SA from the effort of hijacking (SA is good at hijacking) Yemeni aircraft…if Yemen has any aircraft.
The US is expected to resume the sale of “offensive” weapons to Saudi Arabia, the Financial Times reported on Sunday.
US officials told the paper that President Biden was expected to lift a ban on the sale of offensive weapons to Riyadh that he put in place over three years ago, although US support for Saudi Arabia has continued.
In February 2021, President Biden said he would end “offensive” support for Saudi Arabia’s brutal war in Yemen and paused a bomb sale to Riyadh. However, the US continued to support the Saudi bombing campaign, as it was revealed a few months later that the US was still servicing Saudi warplanes.
President Biden also continued to push forward arms deals for Saudi Arabia, including a $650 million air-to-air missile deal, which the administration claimed was for defense. Before the Saudis and the Houthis reached a truce at the end of March 2022, Riyadh launched heavy airstrikes in Yemen, and it was one of the deadliest periods of the war for Yemeni civilians.
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Posted in Uncategorized | Tagged: Offensive Weapons, US Expected To Resume Sale of Offensive Weapons to Saudi Arabia, Yemen | Leave a Comment »