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Nikki Haley’s $100 Million Faceplant

Posted by M. C. on February 28, 2024

Having been walloped in her own state after finishing second in an unopposed race, Nikki Haley should be a historic punchline. Instead, political shaming sank to new depths

By Matt Taibbi
Racket News

CNN, describing a “significant educational divide,” noted “Voters who are college graduates were closely divided between Trump and Haley.”

Translation: Deplorables didn’t vote for Haley.

After former South Carolina governor Nikki Haley’s primary loss this weekend, NBC News served up the numerical picture:

The NBC exit poll shows Trump and Haley fighting to a near-draw among Republican voters with college degrees: Trump with 51% to Haley’s 47%. But it was a blowout among the bigger group of primary voters without degrees: Trump 74%, Haley 26%.

Anyone who follows sports is familiar with homerism after a loss: “Playing without Anthony Davis and key offseason acquisition Gabe Vincent, the Lakers lost to the Charlotte Hornets 121-103 Sunday…” You expect to see excuses high up in copy written to ease the pain of Lakers fans, but national political outlets do the same now for affluent target audiences. The theme of Haley fighting to a “near-draw” in South Carolina with the right people — She Only Lost by 4 to College Voters! — became a real talking point by the end of the weekend:

CNN, describing a “significant educational divide,” noted “Voters who are college graduates were closely divided between Trump and Haley.” The New York Times meanwhile ran a story on this theme before results even came in, explaining Haley is “learning the limits of relying on moderatecollege-educated and Trump-skeptical voters” in today’s GOP. The deck to “If Trump Drives Haley From the Race, What Will Her Voters Do in November?” read:

Her supporters tend to be moderate and college educated — precisely the type of voters who have helped decide recent presidential races. We spoke with nearly 40 to see where they’re leaning…

USA Today went one better,concluding in one article that although Haley by all rights should still be in the race, by virtue of a “powerful” speech she gave last week, she won’t be, because “the ‘maybe Haley stands a chance’ hopes rest on the broken belief that there are enough normal Republicans left to elect her. And there aren’t.”

You can almost hear the refrain: If only elections were confined to normal people! What headlines we could write!

It’s a big turnaroud. Back when Bill Clinton strategist James Carville and the “New Democrats” were considered re-incarnations of JFK’s Best and Brightest, the pursuit of the “forgotten middle class” of white voters without college degrees was deemed the noblest of pursuits, the “whole ball of wax,” as Carville put it. This was the idea behind Clintonian gambits like the middle class tax cut, proposed minimum wage increases, and even an early-nineties tax hike pitched as “just punishment” for the wealthy who profited under Ronald Reagan and George H.W. Bush. Proposed hikes would show Clinton was “not a captive of the wealthiest people,” as his pollster Stanley Greenberg put it then. This theme made “I feel your pain” political legend:

Two decades later we’re full circle, with campaign journalists openly adopting more vicious versions of Murray Kempton’s formulation that Richard Nixon is “the President of every place in this country which does not have a bookstore.” I don’t think we’re far from proposals that votes by the college-educated should count twice.

The irony is even educated voters have been abandoning mainstream politics in general (and the Democratic Party in particular) for years. According to Gallup’s most recent annual survey results, people in the “college graduate only” category (i.e. no postgraduate degree) supported Democrats by a +13 margin in 2020. That number dropped to +12 in 2021, then it was +9, and settled at +5 at the end of 2023. The “some college” group, for people who attended but didn’t graduate, was at +3 for Democrats in 2018, but now sits at -9. Both stories recall the slide among once-sainted “forgotten middle class” voters that began in 1999, when those with high school educations or below started a long drop from +14 support for Democrats to their current level of -14.

There are similar major defections afoot now among non-Hispanic black voters (+79 for Democrats in Barack Obama’s election year, down to +47 now), Hispanic voters (from +36 in 2016 to +12 now), voters under 29 (+23 in 2019, +8 now) and even women (+20 in 2018 to +9 now). Voters with postgraduate educations are one of the few growth groups for Democrats, at a whopping +29. All of this speaks to one of the major unreported stories of our time: a dramatic political realignment by income and class, presented as a schism between smart and ignorant, “normal” and not.

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The CIA’s Secret Ten Year War On Russia…From Within Ukraine!

Posted by M. C. on February 27, 2024

The Ron Paul Liberty Report

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The German Invasion in Social Science

Posted by M. C. on February 27, 2024

In any event, Paul provides an indispensable genealogy of America’s progressive intellectual establishment, which gave us the progressive income tax and the administrative state. Both together, as he says, allowed a new oligarchy to emerge through collective ownership of the means of production and consumption.

Scott Yenor

A pernicious ideology has captured America’s institutions of higher learning, especially its most prestigious universities. The ideas born in those universities percolated into politics. They captured media, the unofficial mouthpiece of our university-educated governing classes. The ideology upended what appeared to be otherwise good-enough institutions that shepherded the country through a bloody war. Now these hostile, foreign ideas seem regnant though the familiar institutions look the same. 

While Jeffrey E. Paul’s Winning America’s Second Civil War seems ripped from today’s headlines, it concerns how the spirit of German philosophy conquered America’s universities at the end of the 1800s. Progressive philosophy did not emerge full-grown from the head of Woodrow Wilson. It was imported as American social scientists and educational reformers went to Prussia and Germany and institutionalized its ways in America.

Paul, a research professor at the Social Philosophy and Policy Center at West Virginia University, delivers the receipts about the German influence on American universities, especially in areas of government and economics. And then he traces the specific elements of that influence to pathologies of American government today. Paul’s is a modified German invasion thesis, where foreign—specifically German—ideas have corrupted American culture. It’s just that the invasion happened nearly a century earlier than when the Frankfurt school rose to prominence in America.

The University of Berlin—the German flagship, but not the oldest university—was founded in 1807. Wilhelm von Humboldt was the civil servant most directly responsible for its creation. His public memo “On Germany’s Educational System” envisioned a university based on the centrality of research to teaching and academic freedom so as to achieve Wissenschaft (scientific knowledge). “Higher academic institutions are the pinnacle of a nation’s moral culture,” von Humboldt began his memo, and their calling was “to pursue knowledge in the broadest and deepest sense of the word … as the autonomous, self-arranging material of intellectual and ethical formation.” Bold words. In practice, this meant that Berlin was devoted to research infused teaching mostly on the state’s dime. Talent flooded in chemistry, biology, history, philosophy, and theology.

Americans and others were intrigued. American enthusiasts like George Ticknor visited German universities and reported on their glories to Thomas Jefferson as the former president was writing his proposal for the University of Virginia. Yet if some Americans were bewitched by the German universities’ promise to conquer nature, American schools were generally happy with their classical collegiate model, requiring Latin and Greek for admission and having a mostly prescribed curriculum. Technological advancements could happen outside the academy. As the famous Yale Report (1828), defending the old collegiate model, held, “We hope at least, that this college may be spared the mortification of a ludicrous attempt to imitate them [i.e., German universities].” Only 25 colleges were charted in America between 1630 and 1800, and another 44 were charted before 1830. And the vast majority of American college presidents before were graduates of either Yale or the College of New Jersey (i.e., Princeton), its imitator.

Yet 175 colleges and universities were chartered between 1860 and 1870, and, as Paul shows, the general attitude toward the German university at that time reflected none of the do-it-our-way cussedness found in the Yale Report. The astounding expansion in higher education (abetted by the Morrill Land Grant Act of 1862) created a market for the importing the German research university.

Paul does not object in principle to this German import, which allowed for New Thinking and greater natural science research. “The transformation of American higher education in the last quarter of the 19th century,” Paul writes, “provided a foundation for remarkable achievements in the natural sciences, engineering, and medicine in the next century.” The German invasion in social sciences was not so happy. “In what were called the social sciences and some of the humanities, the record was, at best, ambiguous.” The burden of Paul’s book is to show (1) that there was a straight line from German social science to progressive political philosophy and then progressive political practice and (2) that the effects were not just “ambiguous” but lent themselves to the emergence of an oligarchic, and perhaps a tyrannical, form of government.

What did this German-informed university look like?

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A Multipolar World Order

Posted by M. C. on February 27, 2024

by Nick Giambruno

Instead, Russia, China, and their allies want to transform the current world order from unipolar to multipolar and give themselves a bigger seat at the table in the process.

The US and its allies want the unipolar status quo to prevail.

This is World War 3. It’s happening right now and rapidly escalating.

In fact, World War 3 has been going on for over ten years.

Russia, China, and Iran are the primary geopolitical challengers to the US-led world order.

While they resent US dominance, Russia and China have a seat at the table in the current US-led world order as junior members. They have permanent seats at the UN Security Council and are members of core international organizations like the IMF, the World Bank, the WTO, etc.

Further, China and Russia are the only countries with sophisticated enough nuclear arsenals to go toe-to-toe with the US up to the top of the military escalation ladder, a concept to describe how the severity of a military conflict can increase.

In other words, the US military can’t attack Russia and China with impunity because they can match each move up to all-out nuclear war—the very top of the military escalation ladder.

For this reason, Russia, China, and the US are deterred from entering a direct military conflict with each other. They all understand that “The only winning move is not to play.”

That’s also why, at this point, it doesn’t seem that Russia and China want to flip the board and create their own new world order—as Germany and Japan tried to do during World War 2. Doing so could invite nuclear Armageddon.

Instead, Russia, China, and their allies want to transform the current world order from unipolar to multipolar and give themselves a bigger seat at the table in the process.

The US and its allies want the unipolar status quo to prevail.

The conflict is being played out below the threshold of direct kinetic warfare—proxy wars, economic wars, financial wars, cyber wars, biological wars, deniable sabotage, information wars, and other domains.

This is World War 3. It’s happening right now and rapidly escalating.

In fact, World War 3 has been going on for over ten years.

While World War 3 doesn’t have a precise starting date, we can point to two key events in 2013 and 2014 that signified a conflict had started among Russia, China, and the US—the largest world powers—to reshape the world order.

The first was the rise to power of Xi Jinping in March 2013, after which it was clear that China was no longer content with being a mere junior member in the US-led world order. Beijing wanted a bigger role commensurate with its size. That means, at a minimum, being equal to the US or even becoming the world’s dominant power.

The second was the US-backed coup in Kiev in February 2014, which culminated in the violent overthrow of Ukraine’s corrupt pro-Russia government, which a corrupt pro-US government replaced.

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Two Years On… Ukraine Conflict a Historic Watershed Exposing Western Imperialism’s Dead-End

Posted by M. C. on February 27, 2024

The emerging multipolar world order led by Russia, China, and the Global South is pushing the old Western arrogant order into historical oblivion

The upshot is that Ukraine has been callously devastated by the United States and its imperialist partners in a proxy war against Russia – a war that the Western powers have all but lost.

But this epoch-making conflict has significance way beyond the disaster of Ukraine.

This week marks the second anniversary of Russia’s special military operation in Ukraine that began on February 24, 2022. President Vladimir Putin ordered the intervention of Russian forces for two reasons: to protect the Russian-speaking population of the Donbass region which had endured eight years of NATO-backed aggression; and, secondly, to denazify the regime that the Western powers had illegally installed with a coup d’état in Kiev in 2014. The tenth anniversary of that coup on February 22 was also marked this week.

Two years on, the first objective has been substantially achieved. Russian forces control most of the Donbass region, as well as Kherson, Zaporozhye, and Crimea. These regions are now legally part of the Russian Federation following historic referenda. In sum, Ukraine has lost about 20 percent of its pre-conflict territory to Russia. The concerned populations contend that they have rejoined Mother Russia.

The military victory last week for Russian forces in the key city of Avdeevka portends the imminent full taking of the Donbass along its historic provincial lines. That breakthrough also speaks of the near collapse of the Kiev regime forces. Two years on, the cities and towns of Donetsk and Lugansk have been rebuilt after suffering the vandalism and war crimes of the Kiev regime. The NATO-backed regime still attacks communities but the Russian-speaking regions of Ukraine are appreciably safer and better off than they were two years ago.

As for the second objective, the denazification of the Kiev regime has still not yet been achieved. However, the regime is but a shell of its former incarnation when with the help of NATO weapons and military advisers it was waging a brutal aggression against ethnic Russian communities.

Moscow has stated that it will continue its military operation in Ukraine until the neo-nazi regime is eliminated. There seems to be little doubt that that objective will be met given the superior firepower on the Russian side and the rapidly deteriorating condition of the NATO-backed forces.

The Russian achievement is quite remarkable given that the U.S.-led NATO bloc (30 nations) has flooded Ukraine with a vast array of heavy weapons. The United States and its European allies have spent – wasted – up to $200 billion in supporting the Kiev regime over the past two years. Despite the inordinate flow of weaponry and mercenaries, Russia has secured the territory it set out to obtain, and the NATO-backed side is facing collapse.

The course of the war is on Russia’s side. From the outset, Moscow said it had no intention to occupy all of Ukraine. But the collapse of the regime in a rump state is no doubt something that Russia wants, and the betting odds point to that eventuality as the cabal in Kiev descends into corruption, backstabbing, and infighting.

But, importantly, the military situation in Ukraine is only part of a much bigger picture of global confrontation and one that speaks to an existential crisis for Western imperialism.

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Trampling on a Symbol of Liberty

Posted by M. C. on February 26, 2024

by James Bovard

The Gadsden flag was further vilified by the New York Times–spurred 1619 campaign to paint the American Revolution as a vast conspiracy to perpetuate slavery. This notion is popular with journalists who have never read a book that was published before 2010. Denouncing the Founders as racists absolves wokesters from having to learn anything about the “slavery by Parliament” that Britain sought to impose

The Colorado hubbub occurred because many school officials and students are even more ignorant of American history than freshmen members of Congress.

Last August, 12-year-old Jaiden Rodriguez was kicked out of a public-school classroom in Colorado Springs after school officials decreed that the Gadsden flag patch on his backpack was “disruptive to the classroom environment.” Those Colorado officials didn’t know the meaning of “disruptive.”The Gadsden flag will be needed as long as government officials keep trying to trample Americans’ rights and liberties.
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Thanks to savvy, thoughtful retorts by Jaiden’s mother in a video showdown at the school, the incident spurred a fierce backlash around America. Less than a week later, the school district raised the white flag on its assault on the Gadsden flag.

The flag’s real history

That flag, with its yellow background and coiled rattlesnake, helped rally Americans to vanquish the British Army and Navy almost 250 years ago. As the Encyclopedia Brittanica noted, “The rattlesnake symbol originated in the 1754 political cartoon “Join, or Die” published in Benjamin Franklin’s Pennsylvania Gazette. The cartoon, which depicted the colonies divided as segments of a cut-up snake, exhorted the colonists to unite in the face of the French and Indian War (1754–63). The symbol was later used to represent unity during the Revolutionary War.” The flag became one of the most iconic symbols of the American Revolution, venerated far and wide until recent years.

Where did the Gadsden flag go wrong? Tea Party activists waved the “Don’t Tread on Me” banner during anti-Obama protests. According to the liberal media, regardless of Obama’s oppressive, intrusive policies, any opposition to his presidency was automatically racist. Thus, the Gadsden flag was irrevocably tainted by association.

The Equal Employment Opportunity Commission added fuel to this fire:

On January 8, 2014, a U.S. Postal Service maintenance mechanic in Denver, Colorado filed a complaint of discrimination based on race (African American) and reprisal for prior EEO activity when: (1) beginning in the fall of 2013, a coworker repeatedly wore a cap to work with an insignia of a flag with a rattlesnake ready to strike and slogan “Don’t Tread on Me,” (2) the coworker continued to wear the cap after management had assured Complainant that they would tell the coworker not to, and (3) on September 2, 2013, a coworker photographed him on the work room floor without Complainant’s consent. According to the federal sector process, that complaint was filed with the employing agency — the U.S. Postal Service.

On January 29, 2014, the U.S. Postal Service dismissed the complaint for failure to state a cognizable claim of discrimination. On June 20, 2014, the EEOC Office of Federal Operations reversed the agency’s dismissal, determining that Complainant had raised a cognizable claim of harassment, and ordered the agency to investigate the claim…. The U.S. Postal Service argued that the previous decision clearly erred because the Gadsden Flag and its slogan do not have any racial connotations.

But the EEOC insisted that the flag could justify a harassment complaint. The EEOC decreed that

while the Gadsden Flag originated in a non-racial context, it has since been “interpreted to convey racially-tinged messages in some contexts,”… Importantly, the Commission did not find that the Gadsden Flag in fact is a racist symbol. Rather, the Commission found only that the complaint met the legal standard to state a claim under Title VII, and therefore should have been investigated by the agency rather than dismissed.

The EEOC has a long history of knuckle-headed decrees, including its 2012 ruling that made it a federal crime not to hire ex-convicts. (The chief of the EEOC repeatedly publicly denounced my articles in the 1990s, but I don’t hold a grudge.)

The EEOC’s prattle was “close enough for government work” for commentators to howl that the Gadsden flag had been condemned by federal civil-rights watchdogs.

The flag ain’t woke 

The Gadsden flag was further vilified by the New York Times–spurred 1619 campaign to paint the American Revolution as a vast conspiracy to perpetuate slavery. This notion is popular with journalists who have never read a book that was published before 2010. Denouncing the Founders as racists absolves wokesters from having to learn anything about the “slavery by Parliament” that Britain sought to impose — the mass confiscation of firearms and other private property, the sweeping censorship, the total destruction of privacy, and the suppression of jury trials.

The Colorado Springs school district declared that the flag was an “unacceptable symbol” linked to “white-supremacy.” It further claimed that the Gadsden flag had its “origins with slavery” because it was designed in 1775 by a South Carolinian who owned slaves. By the same standard, the Declaration of Independence, Constitution, and Bill of Rights could all be condemned since Thomas Jefferson, James Madison, and George Mason were slaveowners. Do the wokesters want to condemn and expunge all of American history prior to the creation of the LGBT rainbow flag?

The Colorado hubbub occurred because many school officials and students are even more ignorant of American history than freshmen members of Congress. Former Supreme Court Justice Sandra Day O’Connor groused in 2014 that fewer than 20 percent of high-school seniors “can say what the Declaration of Independence is, and it’s right there in the title.” Americans’ ignorance of history helps explain their docility nowadays.

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Two Years After the Start of the SMO, the West is Totally Paralyzed

Posted by M. C. on February 26, 2024

By Pepe Escobar
Strategic Culture

Many Western economies, especially in Europe, are actually stagnating against this background. These statistics are from Western-supervised institutions – the IMF, the World Bank and the OECD. These institutions are becoming relics from the past. Western domination is already affecting their ability to meet the requirements of the times.

Exactly two years ago this Saturday, on February 24, 2022, Vladimir Putin announced the launching – and described the objectives – of a Special Military Operation (SMO) in Ukraine. That was the inevitable follow-up to what happened three days before, on February 21 – exactly 8 years after Maidan 2014 in Kiev – when Putin officially recognized the self-proclaimed republics of Donetsk and Lugansk.

During this – pregnant with meaning – short space of only three days, everyone expected that the Russian Armed Forces would intervene, militarily, to end the massive bombing and shelling that had been going on for three weeks across the frontline – which even forced the Kremlin to evacuate populations at risk to Russia. Russian intel had conclusive proof that the NATO-backed Kiev forces were ready to execute an ethnic cleansing of Russophone Donbass.

February 24, 2022 was the day that changed 21st century geopolitics forever, in several complex ways. Above all, it marked the beginning of a vicious, all-out confrontation, “military-technical” as the Russians call it, between the Empire of Chaos, Lies and Plunder, its easily pliable NATOstan vassals, and Russia – with Ukraine as the battleground.

There is hardly any question Putin had calculated, before and during these three fateful days, that his decisions would unleash the unbounded fury of the collective West – complete with a tsunami of sanctions.

Ay, there’s the rub; it’s all about Sovereignty. And a true sovereign power simply cannot live under permanent threats. It’s even feasible that Putin had wanted (italics mine) Russia to get sanctioned to death. After all, Russia is so naturally wealthy that without a serious challenge from abroad, the temptation is enormous to live off its rents while importing what it could easily produce.

Exceptionalists always gloated that Russia is “a gas station with nuclear weapons”. That’s ridiculous. Oil and gas, in Russia, account for roughly 15% of GDP, 30% of the government budget, and 45% of exports. Oil and gas add power to the Russian economy – not a drag. Putin shaking Russia’s complacency generated a gas station producing everything it needs, complete with unrivalled nuclear and hypersonic weapons. Beat that.

Ukraine has “never been less than a nation”

Xavier Moreau is a French politico-strategic analyst based in Russia for 24 years now. Graduated from the prestigious Saint-Cyr military academy and with a Sorbonne diploma, he hosts two shows on RT France.

His latest book, Ukraine: Pourquoi La Russie a Gagné (“Ukraine: Why Russia has Won”), just out, is an essential manual for European audiences on the realities of the war, not those childish fantasies concocted across the NATOstan sphere by instant “experts” with less than zero combined arms military experience.

Moreau makes it very clear what every impartial, realist analyst was aware of from the beginning: the devastating Russian military superiority, which would condition the endgame. The problem, still, is how this endgame – “demilitarization” and “denazification” of Ukraine, as established by Moscow – will be achieved.

What is already clear is that “demilitarization”, of Ukraine and NATO, is a howling success that no new wunderwaffen – like F-16s – will be able to change.

Moreau perfectly understands how Ukraine, nearly 10 years after Maidan, is not a nation; “and has never been less than a nation”. It’s a territory where populations that everything separates are jumbled up. Moreover, it has been a – “grotesque” – failed state ever since its independence. Moreau spends several highly entertaining pages going through the corruption grotesquerie in Ukraine, under a regime that “gets its ideological references simultaneously via admirers of Stepan Bandera and Lady Gaga.”

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Why the Excess “Savings” Ice Cube Is Coming Out of Cold Storage

Posted by M. C. on February 26, 2024

By David Stockman

David Stockman’s Contra Corner

Even if you put a lot of stock in government manufactured GDP owing to unhinged spending and deficits, which we most definitely do not, it would be wise to be careful about what you are applauding. The allegedly resilient US economy, which is purportedly defying the Fed’s interest raising campaign, isn’t nearly what it’s cracked up to be.

There was a hint of this in Walmart’s Q4 earnings announcement yesterday in which it noted a “choiceful consumer” was spending less per trip and curtailing outlays for discretionary items in favor of low-cost necessities. And that admission was more than evident in the steady deflation of its USA comp store sales trend.

The figures in the chart are in nominal dollars, which declined by more than 50% between Q4 2023 (+8.3%) and Q4 2024 (+4.0%). Admittedly, inflation has been coming down too, as reflected in our trusty 16% trimmed mean CPI. The latter posted at +6.6% on a Y/Y basis in Q4 2023 and +3.8% in Q4 2024.

Still, the math says constant dollar sales have slipped even more than the reported nominal figures. The inflation-adjusted Y/Y gain in Q4 2023 was +1.7% compared to just +0.2% in the period just ended (Q4 2024).

Both figures are on the punk side, but there is “no way, no how” that the core main street consumer, who is a Walmart shopper by necessity, is in the pink of health as the stock peddlers of Wall Street and the “Joe Biden” puppeteers of the White House would have you believe.

Moreover, for want of doubt it should be noted that these marginal real sales gains were not due to the mighty Walmart loosing market share, either. The company reported that its surging eCommerce sales passed the $100 billion mark last year and that consequently Walmart “is gaining share in nearly every category”, according to CFO John Rainey.

So, the more appropriate question is not why the American consumer has been so resilient, but why the clearly fading consumer has remained in the game even this long.

Actually, however, there is no real mystery about the US economy’s defiance of the long-predicted recession. Nor is the purported stay of execution evidence that the geniuses at the Fed have orchestrated a “soft landing”.

What is happening is that some of the massive amounts of government manufactured GDP which flowed from $6.5 trillion of stimmy spending during the 12 months after March 2020 got temporarily placed in cold storage at household bank accounts. And since then it has been slowly dribbling into the spending stream, thereby bolstering demand stemming from current period production and earnings.

We think a good measure of this delayed “stimmy effect” is captured by the relationship between high-powered consumer spending accounts—checkable deposits and currency—and national income. That ratio had varied between 4.0% and 6.5% during the two decades prior to Q1 2020 but took off like the literal rocket ship shape depicted in the chart below.

As of Q3 2019, these spendable cash balances totaled $938 billion and represented about 4.3% of GDP. But by the peak of the stimmy tsunami in Q3 2022 the figures stood at $4.8 trillion and 18.5% of GDP. In the graph this implicit $4 trillion surge in household cash balances looks like a big middle finger, and well it might be.

Households have told the Fed in so many words that interest rate increases or no, they are sitting pretty on an aberrational $4 trillion cash cushion. They apparently intend, therefore to keep on spending the usual 96% of what they are currently earning, thereby causing the Fed’s vaunted monetary brake to essentially fail.

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Conflicts & Financial Distress — The Open Border Is A Disaster For America

Posted by M. C. on February 26, 2024

The Ron Paul Liberty Report

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Don’t Spare the Billions

Posted by M. C. on February 26, 2024

Joe Biden has created a tsunami of inflation with his giveaways to black voters, his open-ended support of Israel’s far right government and now billions more spending.  It’s been a financial disaster.  Donald Trump understands. After all, it was he who ended the stupid, pointless war in Afghanistan.

By Eric S. Margolis

When I was a boy growing up in New York City I was taught – and re-taught – to always save half of my weekly allowance and never spend more than I had in savings.

Too bad Joe Biden was not taught this useful Presbyterian virtue.  Recently, Biden’s government has sought $106 billion in the latest aid for arms for Israel and Ukraine, the biggest expenditure since the Vietnam War.  This while the bills for the incredibly foolish war in Afghanistan keep coming in, to date $2 trillion.

Now, the US in high-fever pre-election time, is lavishing billions upon Israel.  Most of the world is trying to get Israel out of its lethal rampage in Gaza, but the US and its failing colonial partner, Great Britain, continue to wave the banner of empire. Britain, as hardly anyone has noticed, has been bombing Yemen for the past 14 years, supplying warplanes, bombs and mercenary pilots and technicians.

President Biden is growing desperate as the election draws closer.  Polls show him way behind Donald Trump.  Both Trump and Biden are too old for the job of president.  In my old-fashioned view, only military veterans should be allowed to run for high office.

Meanwhile, Biden is splashing around tens of millions on schemes for blacks, who have become his electoral mainstay.  Jewish voters who ardently back Israel are said to provide a large proportion of the Democratic party’s finances. They are advocating deeper US involvement in the Gaza Conflict and even more money for Israel, already the largest recipient of US cash.

Pandering to Israel is standard pre-election behavior. In the old days elections were always marked by huge cash grants and the latest US weapons lavished on Israel.  And money on the ‘three I’s,’ Israel, Italy and Ireland.

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