How much was your IRS allowance this year?
https://youtube.com/watch?v=snhmQlfb-3A&feature=share
Be seeing you
Posted by M. C. on June 30, 2023
“You can no more win a war than you can win an earthquake“
Jeannette Rankin
Be seeing you
Posted in Uncategorized | Tagged: earthquake, Jeannette Rankin, war | Leave a Comment »
Posted by M. C. on June 30, 2023
Why would nations give a bunch of global bankers a monopoly to control the supply of money, when that awesome power allows them to impoverish and manage everyone else? Why would politicians who claim to care about income inequality perpetuate a system that specializes in producing income inequality? The answer is simple: governments are concerned exclusively with power and do not care about preserving democratic ideals, personal freedom, or the livelihoods of their people.
https://www.zerohedge.com/economics/controlled-demolition-nation-states
![]()
BY TYLER DURDEN
Submitted by J.B. Shurk via American Thinker,
Generally speaking, central banks are empowered to control the supply of money by employing a number of tools that include buying government debt, selling government bonds, adjusting reserve requirements, and setting official interest rates. Operating under various legal mandates to sustain an overall healthy economy, central banks ostensibly pursue policies that will produce relatively low inflation, steady economic growth, and low public unemployment.

What if these stated goals are merely talking points meant to justify a central bank’s continued monopoly over a nation’s creation of money, and the true objective of any central bank is to maximize wealth for the wealthiest economic players? Central banks, after all, are usually institutionally independent from government interference. They are private firms managed by the world’s financial elite. How might a central bank pursue a hidden agenda to grow the wealth of its friends at the public’s expense?
The easiest and most effective way would be to create artificial “boom and bust” cycles during which economies greatly expand and then quickly shrink. How does this work in practice? First, a central bank lowers interest rates — the cost of borrowing money — and thereby encourages ordinary citizens to take out loans. These loans are used to buy houses and cars and start small businesses. By artificially lowering interest rates below the natural market rate, central banks stimulate consumer purchases and small business expenditures beyond what Adam Smith’s “invisible hand” would have rendered on its own. Investors who have an economic interest in selling houses, cars, and inventories for small businesses all benefit from the central bank’s intervention.
Additionally, because central banks have encouraged borrowing, they have pumped more money into the greater economy. With the supply of money artificially increased, some individuals are willing to pay more now than before for the same goods or services. Consequently, the prices of goods and services increase, producing inflation. There are two important effects stemming from inflation: (1) a middle-class citizen on a fixed income must now pay more for living expenses, while (2) a higher-class citizen who owns stocks, homes, and other assets will see the currency-denominated value of those assets increase. In other words, inflation acts as a tax on poorer individuals who own little and a supplement for wealthier individuals who own much. While a middle-class citizen living paycheck-to-paycheck will effectively have less income, a higher-class citizen whose principal wealth exists in the form of assets will have increased net wealth. Inflation effects a wealth transfer from the poor to the rich.
Now, a central banker will insist that artificially low interest rates and easy borrowing have made it possible for consumers to own more things and for fledgling entrepreneurs to start small businesses that would have otherwise never existed. A less charitable description would be that low interest rates have induced ordinary citizens to buy things that they cannot afford, take on long-term debt, and risk their financial futures on business start-ups that may well fail. Sometimes those risks pay off and produce rags-to-riches success stories. When interest rates suddenly rise, however, they often end with unpaid bills and the eventual bank seizure of those cars, homes, and business assets. A central bank’s easy money programs momentarily increase consumer ownership and small business creation before inviting financial distress and repossession as rent, payroll, inventory expenses, and other fixed costs increase.
During the “boom” side of the cycle, central banks produce a lot of momentary “winners” and increase overall national wealth by encouraging consumer spending and inflating the currency-denominated value of assets. During the inevitable “bust” side of the cycle, however, the real winners emerge when the super-wealthy scoop up a bankrupt population’s primary assets for pennies on the dollar.
Be seeing you
Posted in Uncategorized | Tagged: boom and bust, Central Banks, controlled demolition, Nation-States | Leave a Comment »
Posted by M. C. on June 30, 2023
It has struck down affirmative action in the Harvard case.
Today, the U.S. Supreme Court rejected the substitution of race for merit when it ruled against Harvard University’s use of racial preferences in admissions. “I write,” Justice Clarence Thomas states in his concurring opinion, “to clarify that all forms of discrimination based on race—including so-called affirmative action—are prohibited under the Constitution.”
The landmark decision is squarely at odds with figures like Bull Connor, George Wallace, Robert Byrd, and their modern-day counterparts who advocate for different treatment based on skin color. More importantly, it confirms what most Americans already understand: Treating people differently based on their race is always wrong.
In America, judging people based on race reached its nadir with the scourge of slavery. Despite its continued practice around the world, this vile practice wasn’t easily erased here. Hundreds of thousands of Union soldiers bled and died to advance the bold Christian witness of abolitionists in the U.S. and England.
Jim Crow–era laws and their stubborn vestiges took even longer to defeat. Early in my career, as spokesman for the Civil Rights Division of the U.S Department of Justice, I saw the ugly sneer of racism in case after case. Here’s what I learned there: Every illegal racist act must be confronted, and our justice system provides many ways to do so.
Despite the depraved hearts of a small cohort of our countrymen, the dream of Rev. Martin Luther King Jr. — that each of us be judged by the content of our character rather than by the color of our skin — is more tangible now than ever before. Indeed, the World Values Survey indicates that America is among the least racist countries on earth.
Rejecting racial preferences has been an American ideal ever since Thomas Jefferson wrote, “We hold these truths to be self-evident, that all men are created equal.” That God-ordained notion took a long time to take hold, especially since Jefferson himself incorrectly thought his slaveholding deserved a pass. But just because someone gets his math wrong doesn’t mean the truth of the equation changes.
The consistent forward drive toward achieving equality has been detoured by modern-day segregation within American universities, even as the Constitution requires “equal protection of the laws” from the government and entities — like most colleges — that accept government funds. Sadly, like a miser greedily gripping his last dollar, those obsessed with racial preferences refuse to let go.
Perhaps now, with a majority opinion from the highest court in the land, we can obliterate this insidious inequity, often glossed over with the Orwellian label of “affirmative action” — an idea that doesn’t even work, as a Stanford Law Review study shows. Black law students accepted though race-conscious admissions processes are worse off than at schools where race isn’t a factor.
Be seeing you
Posted in Uncategorized | Tagged: Jim Crow, racial preferences, Supreme Court | Leave a Comment »
Posted by M. C. on June 30, 2023
The movie demonstrates why the drug war will never be won. As officials crack down, they reduce the supply of drugs. The reduced supply causes prices to increase. The increase in prices and profits attract regular people who realize that they can score big and probably not get caught.
Last night, I watched The Mule, the drug-war movie on Netflix that was produced and directed by Clint Eastwood. It was the second time I’ve seen the movie.
Eastwood also stars in the movie. He plays an elderly drug transporter for a drug cartel, which in drug-war parlance is called a “mule.”
As with many drug-war movies, you can’t help but like and sympathize with Eastwood. Every time he is close to being busted by the DEA and local law enforcement, the natural tendency is to root for Eastwood and not the cops.
Why does Eastwood risk getting caught and being sent to jail? Money! He needs it bad. His home is being foreclosed upon and he is barely surviving. Accepting the job as a drug mule not only provides him with money, it provides him with big money, enough to save his home and live a lavish lifestyle.
The movie demonstrates why the drug war will never be won. As officials crack down, they reduce the supply of drugs. The reduced supply causes prices to increase. The increase in prices and profits attract regular people who realize that they can score big and probably not get caught.
Now, I’m sure that there are drug warriors who would respond, “Jacob, that’s just in the movies. That sort of thing doesn’t happen in real life.”
Be seeing you
Posted in Uncategorized | Tagged: Clint Eastwood, DEA, drug war, The Mule | Leave a Comment »
Posted by M. C. on June 30, 2023
Each side mires itself in platitudes. Like schoolboys, they are too macho to put down their fists and talk. Little has changed, alas, since the first woman elected to Congress, Jeannette Rankin, asserted, “you can no more win a war than you can win an earthquake.”
The recent death of Daniel Ellsberg offers an opportunity to recall what leaking The Pentagon Papers accomplished and ask what it reveals about ending a war, including the one in Ukraine. Alas, publication of this secret, political and military history of American involvement in Vietnam did not immediately end that war, then America’s longest (Afghanistan lasted five months longer).
Ellsberg, a Marine veteran and national security analyst, contributed to “Report of the Office of the Secretary of Defense Vietnam Task Force,” the official name of the report that Defense Secretary McNamara initiated in 1967. It ran 7000 pages and revealed, among much else hidden from the public: that the U.S. had expanded the war to Laos, officially neutral; that successive presidents knew winning was unlikely; and that they disregarded American casualties. Ellsberg first offered documents to Senator Fulbright and other Congressional leaders in 1969 and 1970. When they did not respond, he turned to the press in 1971. By then, countless efforts to stop the war had occurred, including:
April 1965: 20,000 protest in Washington, the largest antiwar rally in American history to date. Fewer than 1000 Americans have died by then. Instead of listening to voices for peace, LBJ escalated both bombing and numbers of troops.
April 1967: In “Vietnam, A Time to Break Silence,” Dr. King announces to an overflowing crowd of thousands that he now opposes the war for many reasons, including “Negro and white boys kill and die together for a nation unable to seat them together in the same schools.” Three-quarters of Americans reject his opposition, including 55 percent of African Americans. Of more than 58,000 Americans who die in Vietnam, 78 percent perish after this date. Vietnamese casualties are not recorded at the time but are later estimated to exceed two million.
Feb. 1968: Walter Cronkite, the country’s most respected broadcaster, tells his nightly audience that, since the war is headed to stalemate, negotiations should begin to end it. The war continues apace; nearly 30 percent of all American deaths occur in 1968, the year of the Tet Offensive.
March 1969: President Nixon, recently elected because of, in part, his secret peace plan, begins bombing Cambodia.
Oct. 1969, the Moratorium to End the War attracts millions of peaceful demonstrators across the US and around the world.
Nov. 1969: Nixon announces his “Vietnamization” policy to transfer responsibility for the war – without ending it – to South Vietnam. Some 58 percent of the public approve Nixon’s plan. At no point from 1965-1972 do a majority of Americans support immediate withdrawal. About 35 percent of American deaths occur during Nixon’s presidency.
June 1971: Pentagon Papers are published.
March 1973: Nixon announces “peace with honor” and US withdrawal from Vietnam.
April 1975: a quarter-century after first American military advisors sent to Indochina, Vietnam’s civil war ends with the fall of Saigon to North Vietnamese troops.
Ellsberg, sent to Saigon in 1965 to evaluate civilian pacification programs, would spend 18 months with patrols into towns and villages. His skeptical reports about death and destruction and potential victory by North Vietnam went nowhere.
Be seeing you
Posted in Uncategorized | Tagged: Daniel Ellsberg, Jeannette Rankin, Tet Offensive, The Pentagon Papers, Vietnam | Leave a Comment »
Posted by M. C. on June 29, 2023
It looks like the neocons, the CIA, and Britain’s MI6 did, too, if they helped nudge the event to fruition with assurances and cash — say, some of that $6.2 billion the Pentagon happened to find recently via an “accounting error.”
James Howard Kunstler
“At exactly the point of the AFU’s weakest moment and near-collapse on the battlefield he chose to strike Russia in the back as if obviously driven by a hidden hand.”— Simplicius on Substack
You’d think that the hapless DC neocons, Antony Blinken and his boss, Victoria Nuland, plus the gang at Spook Central, would have learned a lesson about the diminishing returns of color revolutions: namely, that these bold pranks blow back… and not in a good way.
The New York Times informs us that US Intel was well aware weeks beforehand of the developing coup attempt by Yevgeny Prigozhin and his personal army, the Wagner Group. Congressional leaders were briefed a day prior to its roll-out. Well, golly, can you suppose for a New York minute that Russia’s intel agency didn’t know all about it, too?
A vast array of explanations for this bizarre wartime vaudeville can be found in every corner of the Internet. I’ll go with this one: Prigozhin came to bethink himself a Napoleonic figure. Just as Bonaparte wowed revolution-weary France with his military exploits against her enemies, and seized leadership of the nation, Prigozhin’s mercenary army carried the brunt of the action in Ukraine this year, culminating in the heroic victory at Bakhmut. Priggy regarded the Russian Ministry of Defense as oafish, and by extension, his long-time friend and mentor, Vlad Putin, indecisive about it. The moment was ripe to seize power! As a recent US president might have said: he misoverestimated.
It looks like the neocons, the CIA, and Britain’s MI6 did, too, if they helped nudge the event to fruition with assurances and cash — say, some of that $6.2 billion the Pentagon happened to find recently via an “accounting error.” What better time to destabilize Russia than during Ukraine’s vaunted spring offensive (which, let’s face it, was not going too well)? In fact, Ukraine’s whole NATO-assisted project from the get-go looked like a bust. The Bakhmut “meat-grinder” was just the latest fiasco. But then, the irascible, disgruntled, and grandiose field marshal Priggy seemed like the perfect instrument to jazz things up for the demoralized West.
Pretty darn quick, on the road from Rostov-on-Don to Moscow, Priggy learned the hard way that he had no support in the government, the military, or among the Russian public. The coup fizzled before sundown the very day it started. Some say, any way you cut it, the result is Vlad Putin left looking weak and vulnerable. I don’t think so. His speech to the Russian people that day appeared, if anything, resolute. And the way he seemed to spit out the words “a stab in the back,” you couldn’t think he was play-acting. By evening, with the whole psychodrama concluded, the people of St. Petersburg crowded the quay along the Neva River and busted into patriotic song.
Let’s address one nagging question: why did Mr. Putin allow the Wagner Group private army to play the leading role countering the Ukraine offensive? Answer: because he was saving and building-up the regular Russian army to strength in the further event that NATO might finally jump into Ukraine with all its multi-national feet when all else fails.
Be seeing you
Posted in Uncategorized | Tagged: CIA, coup, MI6, neocons, Wagner Group, Yevgeny Prigozhin | Leave a Comment »
Posted by M. C. on June 29, 2023
The Canadian government engages in restricted entry in behalf of its medical professionals. To be fair, the US authorities would undoubtedly have acted in much the same manner were a similar offer made from outside of its borders (they did exactly that during Katrina in 2005). They are under the thumb of the American Medical Association, the strongest labor union in the US. A similar situation applies in the country to the north of us.
https://substack.com/inbox/post/131554023
There is a doctor shortage on Fogo Island, Newfoundland, Canada. This small community of slightly more than 2200 has no physician available to it; none at all. Nor is medical help available anywhere nearby. There is to be sure the possibility of a 50-minute ferry trip to the mainland, but during the winter this is all too often more theoretical than actual.
But this failure of Canadian socialized medicine is not the real story here. Rather, it is the fact that the authorities in charge refused the offer of a fully qualified clinician from Massachusetts, who offered his services for three months, entirely for free.
Why would any doctor in his right mind make any such offer? Dr. Paul Hart has strong ties to Canada in general, and to Newfoundland in particular, and wanted to “give back” to the Fogo (“fire” in Portuguese) Island community. He originally hailed from Toronto (that’s a big city in the Frozen North), went to Memorial University in Newfoundland and Labrador. He was struck by the plight of the Fogo-ites. He stated: “It’s my wish to say thank you to the province of Newfoundland for providing me with this phenomenal education and a wonderful medical career.”
Sorry, this nice guy tale still isn’t the story. The real story is that the Canadian government authorities rejected his supererogatory offer. Their excuse? According to the College of Physicians and Surgeons, such an offer could only be accepted by doctors in “active practice for at least four months in the last three years” and Dr. Hart, let me repeat that, Doctor Hart, did not qualify since he has been doing telemedicine for two of the last three years. This physician is good enough for the patients in Massachusetts, but patients in Fogo Island must be made of less healthy protoplasm.
The real reason?
Be seeing you
Posted in Uncategorized | Tagged: American Medical Association, Canada, Doctor Shortage, Fogo Island | Leave a Comment »
Posted by M. C. on June 29, 2023
“The best way to read stories in the NYT or [The Washington Post] is from the bottom up,” tweeted David Harsanyi, a senior editor at The Federalist.
Better yet just don’t read them. “All The News That Fits”
…
“NYT buries in the 21st paragraph that it has an independent source who confirms the two IRS whistleblowers’ claim that David Weiss said he was blocked from bringing charges against Hunter Biden in California,” Ross said in his tweet.
“Of course they did,” responded the House Judiciary Committee GOP’s account.
“They buried the lede,” added Jason Foster, a former investigative counsel in the Senate who founded government watchdog group Empower Oversight. Tristan Leavitt, the president of Empower Oversight and a lawyer representing Shapely, responded with a pair of exclamation points…
Be seeing you
Posted in Uncategorized | Tagged: Buries, Hunter Biden, Lede, New York Times, whistleblower | Leave a Comment »