MCViewPoint

Opinion from a Libertarian ViewPoint

Why Should American Soldiers Die for Taiwan? – 19FortyFive

Posted by M. C. on November 4, 2021

Until we have more concrete evidence that the Taiwanese are doing all they can for their own defense, all talk of America risking war with China for their benefit needs to come to a halt. There is no justification for sending American men and women to die on the seas and in the air around Taiwan when the citizens of Taiwan are themselves cool to the idea of dying for their own country.

Concrete evidence or not, there is no reason.

https://www.19fortyfive.com/2021/10/why-should-american-soldiers-die-for-taiwan/

ByDaniel Davis

Calls by U.S. leaders to extend security guarantees to Taiwan against an aggressive China are on the rise. American pundits have likewise been eager and disturbingly casual about offering up U.S. service members to go and die for Taipei.  Before taking another step down this dangerous path, however, these leaders need to consider just how willing Taiwanese are to die for their own country.

Until we have more concrete evidence that the Taiwanese are doing all they can for their own defense, all talk of America risking war with China for their benefit needs to come to a halt. There is no justification for sending American men and women to die on the seas and in the air around Taiwan when the citizens of Taiwan are themselves cool to the idea of dying for their own country.

First is the classic “show me your checkbook and I’ll show you your priorities.” The United States places great value on protecting its citizens and global interests, as evidenced by the fact that we spend more on national defense than any nation on the planet, upwards of 3.5% GDP annually.

As recently as 2016, Taiwan was spending an anemic 1.6% GDP on defense, and next year is expected to be only slightly better, at 2.1%. Evidence suggests that constant boasts by U.S. opinion leaders that the United States should give security guarantees to Taiwan leads the island’s leaders to conclude they don’t have to spend money on their own defense because they believe we will provide it for them.

Second is the extent to which the citizens are willing to serve in the armed forces and risk their lives in defense of their country. In the United States, our all-volunteer force constantly produces sufficient numbers of service personnel to fully man the Army, Air Force, Navy, Marines, and Coast Guard. We don’t always meet the recruiting goals but we always have sufficient numbers of personnel.

In Taiwan, by contrast, the armed services are significantly understaffed. So few Taiwanese are willing to sign up for military service, in fact, that earlier this year frontline combat units in the Taiwan military were assessed as being manned at a shockingly low 60%.

The Taipei Times newspaper conducted research a few years ago into the attitudes of the recruitment-age youth in Taiwan, finding that large numbers were “(a)pathetic toward the military and averse to service.”

One former Taiwanese Marine seemed to capture the reason for the apathy well: “I think it’s unlikely that we will go to war. If there’s no real enemy to fight against, I don’t know why military training is necessary.” Reuters reported in 2018 that 1,000 reservists over the previous three years had been charged for “dodging mandatory training.”

It is clear that considerable numbers of Taiwanese people either do not believe the threat from China is real, don’t believe their country could defeat China if it did attack, or just don’t want to “waste time” serving. Such a dynamic harkens back to the recent situation in Afghanistan where large numbers of Afghan troops would rather make deals with their enemy than to fight to the death in a fight they don’t think they could win. It therefore made no difference to the outcome that American troops did fight for them over a 20 year period.

Similarly, when the Russians annexed the Crimea in 2014, they did so without firing a shot because, like the Taliban did earlier this year, the Russians made deals with the defenders of The Crimea and likewise told them it would be pointless and futile to die fighting – when they could instead come to work for the victorious Russians. There is little reason to think some version of the same dynamic would not also exist in Taiwan if the Chinese were to attack.

If the government of Taiwan is not willing to adequately fund its military, if the Taiwanese men and women whose lives would be on the line in a war with China aren’t willing to fight for their country, it would frankly be immoral to force American men and women to die in their place for Taiwan’s defense. It is time U.S. opinion leaders and government officials stopped being so eager to offer up American troops to go into harm’s way for the benefit of another country and start being concerned for the welfare of our troops’ lives.

Now a 19FortyFive Contributing Editor, Daniel L. Davis is a Senior Fellow for Defense Priorities and a former Lt. Col. in the U.S. Army who deployed into combat zones four times. He is the author of “The Eleventh Hour in 2020 America.” Follow him @DanielLDavis1

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Protectionism Is Immoral, Unjust, and Corrupt | Mises Wire

Posted by M. C. on November 4, 2021

All trade barriers rest upon the moral premise that it is fairer for the US government to effectively force an American citizen to buy from an American company than to allow him to voluntarily make a purchase from a foreign company. US trade policy assumes that the moral difference between an American company and a foreign company is greater than the difference between coercion and voluntary agreement. The choice of fair trade versus free trade is largely one of When is coercion fairer than voluntary agreement?

https://mises.org/wire/protectionism-immoral-unjust-and-corrupt

James Bovard

Protectionism is reviving in Washington on both sides of the political aisle. Democrats are cheering proposals to restrict trade to benefit labor unions and save the environment while some Republicans are reviving Smoot-Hawley style salvation schemes. Protectionist advocates routinely seize the moral high ground—at least as it is scored in Washington—by promising that restricting imports will magically produce fair trade.

Thirty years ago, in my book The Fair Trade Fraud (St. Martin’s Press), I sought to drive a wooden stake into both the intellectual and moral pretenses of American protectionism. Obviously, that wooden stake “didn’t take.” So here’s a recap of why government cannot make trade more fair by making it less free.

Protectionism produces political corruption, economic stagnation, and international conflict. Yet many people will insist that even though protectionism hinders a nation’s ability to feed, clothe, and house itself, the moral gains from protectionism are greater than the economic losses. But what is the moral core of protectionism? What is the ethical basis for fair trade as it is practiced?

American trade law is dedicated to the pursuit of the just price—but only for imports. Medieval theologian Duns Scotus declared that a price was just when “the owners of things…. preserve equality of value in the things exchanged, according to right reason judging of the nature of the thing exchanged in relation to its human use.” US trade law assumes that imported goods have an objective value in themselves which can be determined in a bureaucratic vacuum thousands of miles from the market where the product is exchanged. The soul of American trade law is that bureaucrats and politicians, not buyers and sellers, are the proper judges of fair value. All the absurdities, biases, and scholastic methods of the US dumping law follow from this principle.

See the rest here

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Whistleblower exposes multiple issues with Pfizer’s Covid-19 vaccine trial — RT USA News

Posted by M. C. on November 4, 2021

Good enough for the British Medical Journal to print, Brook Jackson gets canned.

https://www.rt.com/usa/539247-whistleblower-issues-pfizer-trial/

By Kit Klarenberg, an investigative journalist exploring the role of intelligence services in shaping politics and perceptions. Follow him on Twitter @KitKlarenberg

Leading medical journal The BMJ has published an incendiary report exposing faked data, blind trial failures, poorly trained vaccinators, and a slow follow-up on adverse reactions in the phase-three trial of Pfizer’s Covid jab.

Central to the exposé is Brook Jackson, who, for two weeks, served as regional director at Ventavia Research Group, the company contracted to assist with the pivotal trial. She provided The BMJ with dozens of internal company documents, photos, audio recordings, and emails supporting her concerns.

Jackson reveals that Ventavia staff who conducted quality-control checks were overwhelmed by the volume of problems they were identifying. She repeatedly informed her superiors of poor laboratory management, and patient safety and data integrity issues.

See the rest here

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Something Really Strange Is Happening At Hospitals All Over America | ZeroHedge

Posted by M. C. on November 4, 2021

https://www.zerohedge.com/medical/something-really-strange-happening-hospitals-all-over-america

Tyler Durden's Photoby Tyler Durden

Authored by Michael Snyder via TheMostImportantNews.com,

In a year that has been filled with so many mysteries already, I have another very odd one to share with you.  Emergency rooms are filled to overflowing all over America, and nobody can seem to explain why this is happening.  Right now, the number of new COVID cases in the United States each day is less than half of what it was just a couple of months ago.  That is really good news, and many believe that this is a sign that the pandemic is fading.  Let us hope that is true.  With less people catching the virus, you would think that would mean that our emergency rooms should be emptying out, but the opposite is actually happening.  All across the country, emergency rooms are absolutely packed, and in many cases we are seeing seriously ill patients being cared for in the hallways because all of the ER rooms are already full.

Let me give you an example of what I am talking about.  The following comes from an article entitled “ERs Are Swamped With Seriously Ill Patients, Although Many Don’t Have Covid”…

Inside the emergency department at Sparrow Hospital in Lansing, Michigan, staff members are struggling to care for patients showing up much sicker than they’ve ever seen.Tiffani Dusang, the ER’s nursing director, practically vibrates with pent-up anxiety, looking at patients lying on a long line of stretchers pushed up against the beige walls of the hospital hallways. “It’s hard to watch,” she said in a warm Texas twang.But there’s nothing she can do. The ER’s 72 rooms are already filled.

Can anyone explain why this is happening?If the number of COVID cases was starting to spike again, it would make sense for emergency rooms to be overflowing.But at this particular hospital in Michigan, we are being told that some of the main things that are being treated include “abdominal pain”, “respiratory problems”, “blood clots” and “heart conditions”…

Months of treatment delays have exacerbated chronic conditions and worsened symptoms. Doctors and nurses say the severity of illness ranges widely and includes abdominal pain, respiratory problems, blood clots, heart conditions and suicide attempts, among other conditions.

That mention of “heart conditions” immediately got my attention, because I have been seeing this so much in the news recently.For instance, a high school senior in Pennsylvania just dropped dead from “a sudden cardiac incident”…

The high school soccer manager ‘greatly enjoyed’ his team’s championship victory Saturday. Later that evening, he was dead.Now, late student Blake Barklage’s high school is mourning his untimely death. As 6ABC in Philly reports, the tragedy occurred at La Salle College High School in Montgomery County, Pa.In a letter to parents, the school announced that the senior died after ‘a sudden cardiac incident’ Saturday night.

Elsewhere in the same state, an otherwise healthy 12-year-old boy just suddenly died because of an issue with his coronary artery…

As family and friends grieve, the cause of death is in for a 12-year-old taken way too soon while warming up for school basketball practice.As TribLive in Pittsburgh reports, Jayson Kidd, 12, of Bridgeville, Pa., died of natural causes involving his coronary artery, according to the Allegheny County Medical Examiner’s Office.

Heart problems kill elderly people all the time, but it is odd that so many healthy young people have been having these problems.Over the weekend, Barcelona striker Sergio Aguero suddenly collapsed on the pitch during a match.He was later diagnosed with “a cardiac arrhythmia”…

Sergio “Kun” Aguero, a striker for the Barcelona soccer team, has been diagnosed with a cardiac arrhythmia after collapsing during Saturday’s match against Alaves.The 33-year-old Argentinian was examined by medical staff at the stadium before being taken to a nearby hospital where he is still waiting to undergo further examination.

Just two days later, a match in Norway was brought to a screeching halt after a player experienced “cardiac arrest” right in the middle of a match…

A football match in Norway’s second division was halted on Monday after Icelandic midfielder Emil Pálsson suffered a cardiac arrest during play.The 28-year-old Sogndal player suffered the attack as the game against Stjordals-Blink entered the 12th minute, his club said in a statement.

I have been seeing so many stories like this.So why are so many young people suddenly having such serious problems with their hearts?Can anyone out there explain this to me?*  *  *It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.

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Rebellion Deepens: America Says ‘No!’ To Vax Mandate!

Posted by M. C. on November 3, 2021

Mainstream media can no longer ignore the growing rebellion among US workers over the demands that they take an experimental vaccine for the “privilege” of working. As Reuters puts it today, “From Boeing to Mercedes, A US Worker Rebellion Swells Over Vaccine Mandates.” Will Washington destroy the economy to push the shot? Also today, mainstream Newsweek publishes, “How Fauci Fooled America.” Is the truth starting to come out?

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The Federal Reserve’s Assault on Savers Continues | Mises Wire

Posted by M. C. on November 3, 2021

If the federal government does not protect the American people from the Fed’s reckless monetary policies, which have caused prices to accelerate and have blown up another financial bubble, then the public “could go on strike” and withdraw their money until banks pay us a market rate of interest.

https://mises.org/wire/federal-reserves-assault-savers-continues

Murray Sabrin

The front-page headline in the Wall Street Journal on October 14 says it all, “Inflation Is Back at Highest in over a Decade.” The Labor Department reported that the Consumer Price Index (CPI) increased 5.4 percent from a year ago. This should not have been a surprise to Federal Reserve chairman Jerome Powell and his fellow board members nor to its hundreds of PhD economists who drill into the economic data to forecast the economy.

In 2020, when the US economy imploded under the lockdown orders of the federal government and state governors, the Federal Reserve’s balance sheet exploded from $4.17 trillion in February 2020 to $8.48 trillion in October 2021. In other words, the Federal Reserve bought more than $4 trillion in mortgage-backed securities and US Treasury debt in less than two years. This increase in the Fed’s balance sheet in eighteen months is more than was purchased in the first hundred-plus years of its existence. This unprecedented “money printing” has had enormous consequences for the economy and the American people, not the least of which is accelerating price inflation.

As the new money created by the Fed diffuses throughout the economy prices rise in an uneven fashion. Economic sectors and geographic regions are affected differently depending on how the recipients of the newly received dollars spend them, an observation I identified forty years ago in my doctoral dissertation on the spread of inflation through the economy.

The broad measure of the money supply, M2, consists of cash, checking accounts, savings accounts, small denomination time deposits, and money market funds. M2 increased from $15.4 trillion in February 2020 to nearly $21 trillion dollars in September 2021—nearly a 33 percent increase in liquid assets that the American people have at their disposal to buy goods and services in the marketplace.

Any PhD economist should have been able to conclude that opening up the monetary spigot full blast to “stimulate” because of the lockdowns would raise prices down the road. We are now down that road. Price inflation will probably continue for at least two more years. Once price inflation accelerates as it did in the mid- to late 1960s and then again in the early and late 1970s and early 1980s, it takes “tight money” by the Fed to slay the price inflation dragon. 

Forty years ago was the peak of the double-digit inflation that began in the mid-1970s, when the Federal Reserve inflated the money supply to boost the economy after the 1973–75 deep recession. In addition to the recession, double-digit inflation rocked the US economy. In 1979, to get inflation under control President Jimmy Carter appointed Paul Volcker Fed chairman, who continued his tight money policy after Ronald Reagan was elected in November 1980. The fed funds rate (the rate at which banks borrow from each other overnight, controlled by the Fed) climbed to 22 percent in December 1980. Three-month Treasury bill rates topped out at 16.30 percent in May 1981, while the inflation rate was about 10.00 percent. In short, savers were getting a substantial real rate of return on their T-bills and their money market accounts.

Since the early 1980s the fed funds rate has been dropping, not in a straight line, but more like a staircase. Currently, the fed funds rate is a tad above 0 percent while the inflation rate has clearly accelerated in the past year to more than 5 percent. The interest rate on bank money market accounts is 0.02 percent at my bank. Inasmuch as I have a substantial amount of cash reserves—funds for the proverbial rainy day—I and tens of millions of Americans are losing hundreds of billions of dollars in interest due to the Federal Reserve’s super easy money policies. 

To rectify this highway robbery I propose the Congress pass and President Biden sign the Savers’ Protection Act. The act would state that if the interest rate on savings accounts, money market funds, and other short-term instruments are less than the rate of inflation, savers will deduct the lost savings on their tax return. For example, if someone has $100,000 in a money market fund the account should pay at least the rate of inflation for the year. Today that would be about $5,000. I propose a tax credit of at least 50 percent of the lost interest, $2,500 or more. 

If the federal government does not protect the American people from the Fed’s reckless monetary policies, which have caused prices to accelerate and have blown up another financial bubble, then the public “could go on strike” and withdraw their money until banks pay us a market rate of interest. As every undergraduate business student learns in a corporate finance course, the nominal rate of interest on a risk-free asset, such as a bank account, equals the real rate plus the inflation premium. The American people should earn 7 percent on their savings accounts. I would be content at this time to earn the inflation rate on my money market account.

Author:

Contact Murray Sabrin

Dr. Murray Sabrin retired on July 1, 2020 as Professor of Finance. On January 25th 2021, the Board of Trustees awarded Dr. Sabrin Emeritus status for his scholarship and professional contributions during his 35-year career. His book, Universal Medical Care: From Conception to End-of-Life: The Case for a Single Payer System, calls for the individual or family to be the single payer to restore the doctor-patient relationship. His latest book, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide, was published in October 2021. Sabrin is the author of Tax Free 2000: The Rebirth of American Liberty, a blueprint on how to create a tax-free America in the 21stcentury, and Why the Federal Reserve Sucks: It Causes, Inflation, Recessions, Bubbles and Enriches the One Percent, which is available on Amazon.

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Cover-up of U.S. Nuclear Sub Collision in South China Sea., by John V. Walsh – The Unz Review

Posted by M. C. on November 3, 2021

But in the age of intercontinental weapons, could the US homeland expect to escape unscathed from such a conflict as it did in WWII? The knot is being tied, as Khrushchev wrote to Kennedy at the time of the Cuban Missile Crisis, and if it is tied too tightly, then no one will be able to untie it. The US is tying the knot far from its home this time half way around the world. It should not tie that knot too tight.

https://www.unz.com/article/cover-up-of-u-s-nuclear-sub-collision-in-south-china-sea/

John V. Walsh

“When elephants fight, it is the grass that gets trampled.”

So warned Philippines President Rodrigo Duterte in his address to the UN General Assembly on September 22, 2020. He was referring to the consequences for East Asia of a conflict between the US and China.

Fast forward to October 2, 2021, about one year later, and the first patch of grass has been stomped on by the U.S. elephant, trudging stealthily about, far from home in the South China Sea. On that day the nuclear-powered attack submarine, the USS Connecticut, suffered serious damage in an undersea incident which the U.S. Navy ascribed to a collision with an undersea object.

After sustaining damage, the submarine apparently surfaced close to the Paracel Islands which lie only 150 nautical miles from China’s Yulin submarine base in Hainan Province. The Connecticut is one of only three Seawolf class of submarines, which are assumed to be on spying missions. But they can be equipped with Intermediate Range (1250-2500 km) Tomahawk cruise missiles which can be armed with nuclear warheads. It is claimed that they are not so equipped at present because the Navy’s “policy decisions” have “phased out” their nuclear role, according to the hawkish Center For Strategic and International Studies.

When a US nuclear submarine with such capabilities has a collision capable of killing U.S. sailors and spilling radioactive materials in the South China Sea, it should be front page news on every outlet in the U.S. This has not been the case – far from it. For example, to this day (October 30), nearly a month after the collision, the New York Times, the closest approximation to a mouthpiece for the American foreign policy elite, has carried no major story on the incident and in fact no story at all so far as I and several daily readers can find. This news is apparently not fit to print in the Times. (A notable exception to this conformity and one worth consulting has been Craig Hooper of Forbes.)

A blackout of this kind will come as no surprise to those who have covered the plight of Julian Assange or the US invasion of Syria or the barely hidden hand of the United States in various regime change operations, to cite a few examples

The U.S. media has followed the narrative of the U.S. Navy which waited until October 7 to acknowledge the incident, with the following extraordinarily curt press release (I have edited it with strike-outs and italicized substitutions to make its meaning clear.):

The Seawolf-class fast-attack submarine USS Connecticut (SSN 22) struck an object while submerged on the afternoon of Oct. 2, while operating in international waters in the Indo-Pacific region in the South China Sea near or inside Chinese territorial waters. The safety of the crew remains the Navy’s top priority The crew is being held incommunicado for an indefinite period. There are no life threatening injuries. This allows the extent of injuries to the crew to be kept secret.

The submarine remains in a safe and stable condition hidden from public view to conceal the damage and its cause. USS Connecticut’s nuclear propulsion plant and spaces were not affected and remain fully operational are in a condition that is being hidden from the public until cosmetic repairs can be done to conceal the damage. The extent of damage to the remainder of the submarine is being assessed is also being concealed. The U.S. Navy has not requested assistance will not allow an independent inspection or investigation. The incident will be investigated cover-up will continue.

Tan Kefei, spokesperson for China’s Ministry of National Defense although not so terse, had much the same to say as my edited version above, as reported in China’s Global Times:

“It took the US Navy five days after the accident took place to make a short and unclear statement. Such an irresponsible approach, cover-up (and) lack of transparency .. can easily lead to misunderstandings and misjudgments. China and the neighboring countries in the South China Sea have to question the truth of the incident and the intentions behind it.

But Tan went further and echoed the sentiment of President Duterte;

“This incident also shows that the recent establishment of a trilateral security partnership between the US, UK and Australia (AUKUS) to carry out nuclear submarine cooperation has brought a huge risk of nuclear proliferation, seriously violated the spirit of the Non-Proliferation Treaty, undermined the construction of a nuclear-free zone in Southeast Asia, and brought severe challenges to regional peace and security.

“We believe that the actions of the US will affect the safety of navigation in the South China Sea, arouse serious concerns and unrest among the countries in the region, and pose a serious threat and a major risk to regional peace and stability.”

The crash of the USS Connecticut goes beyond the potential for harmful radioactive leakage into the South China Sea, with potential damage to the surrounding nations including the fishing grounds of importance to the economy. If the US continues to ramp up confrontation far from its home in the South China Sea, then a zone of conflict could spread to include all of East Asia. Will this in any way benefit the region? Does the region want to be turned into the same wreckage that the Middle East and North Africa are now after decades of US crusading for “democracy and liberty” there via bombs, sanctions and regime change operations? That would be a tragic turn for the world’s most economically dynamic region. Do the people of the region not realize this? If not, the USS Connecticut should be a wake-up call.

But the people of the US should also think carefully about what is happening. Perhaps the foreign policy elite of the US think it can revisit the U.S. strategy in WWII with devastation visited upon Eurasia leaving the US as the only industrial power standing above the wreckage. Such are the benefits of an island nation. But in the age of intercontinental weapons, could the US homeland expect to escape unscathed from such a conflict as it did in WWII? The knot is being tied, as Khrushchev wrote to Kennedy at the time of the Cuban Missile Crisis, and if it is tied too tightly, then no one will be able to untie it. The US is tying the knot far from its home this time half way around the world. It should not tie that knot too tight.

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Announcement: What America’s 17 Intelligence Agencies Won’t Say About the Origins of Covid, by Ron Unz – The Unz Review

Posted by M. C. on November 3, 2021

For example, in 2017 Trump brought in Robert Kadlec, who since the 1990s had been one of America’s leading biowarfare advocates. The following year in 2018 a mysterious viral epidemic hit China’s poultry industry and in 2019, another mysterious viral epidemic devastated China’s pork industry…

It therefore appears that elements of the Defense Intelligence Agency were aware of the deadly viral outbreak in Wuhan more than a month before any officials in the Chinese government itself. Unless our intelligence agencies have pioneered the technology of precognition, I think this may have happened for the same reason that arsonists have the earliest knowledge of future fires.

https://www.unz.com/announcement/what-americas-17-intelligence-agencies-wont-say-about-the-origins-of-covid/

Ron Unz

As everyone familiar with media operations is well aware, late Friday afternoon is the best time to release new information intended to attract minimal attention. A perfect example of this came a couple of days ago in the distribution of America’s newly declassified intelligence report on the origins of Covid.

Back in August, a sudden media frenzy on the possible lab origins of the virus that had killed so many hundreds of thousands of Americans pressured the Biden Administration into tasking our 17 separate intelligence agencies with determining the origins of the disease. But their comprehensive “We Don’t Know!” was hardly the answer long sought by the American public, nor the best justification for their many tens of billions of dollars in annual funding.

So for obvious reasons, the intent was to slip the results into the public arena with as little notice as possible, and this was largely achieved, with the short resulting articles in the New York Times and the Wall Street Journal buried deep on the inside pages, with correspondingly little attention from the rest of the global media as well.

But for those who bothered to read past the headlines, the government report was a mixture of sensible conclusions and understandable silence. The total number of America’s proliferating intelligence agencies is now approaching a score, and although they disagreed on numerous issues, there were some points of unanimity. Among other things, they claimed that the structure of the virus provided no evidence that it had been bioengineered, while greatly softening that seemingly important conclusion by noting that modern bioengineering techniques are extremely difficult to detect.

See the rest here

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Dumb Ideas Never Die – Gold Goats ‘n Guns

Posted by M. C. on November 3, 2021

The wealth tax failed this time because its mechanics were too dumb.  That’s what you get when you let Sen. B.S. (obsessed with millionaires and billionaires) and noted Native American Sen. Elizabeth Warren write tax policy.

https://tomluongo.me/2021/11/02/dumb-ideas-never-die/

Author: Dexter K. White

If you think the wealth tax is already in the rearview mirror, keep your eyes on the road.  The beta test is over, but that was just the nose in the tent phase.

Democrats knowledge of wealth is like the old saying about pornography, they know it when they see it (or in Hunter Biden’s case, when they film it).

But unlike porn, they don’t know where it comes from.  Also unlike porn, they know wealth has to be destroyed.

Because wealth is the thing that negates what they call equity.  Egalitarianism wasn’t enough.  Now we need equal outcomes where each player’s deficits are boosted to make results the same.

What better way to make the rich pay their “fair share” than by seizing the wealth they obviously must have stolen?  And using that to even the playing field?

It’s notable that instead of going after the two-and-twenty of the carried interest set, the Democrats sought a mark-to-market tax on equities (a tax on unrealized gains).  It was explained as a way to collect capital gains taxes earlier, in order to fund their hyperspend agenda.  But it was really a way to collect estate taxes early, as it was structurally designed to force the sale of assets and to destroy wealth.

The wealth tax failed this time because its mechanics were too dumb.  That’s what you get when you let Sen. B.S. (obsessed with millionaires and billionaires) and noted Native American Sen. Elizabeth Warren write tax policy.

People asked:

What happens when the market declines?  Does the government cut everyone a check?  

How is something non-fungible like a piece of real estate valued?  Works of art? 

What if someone only has one non-financial asset that makes them wealthy?  

Do they have to sell it to pay the tax?  Take out loans?

This time they couldn’t answer any of those questions.  But the details don’t matter, the target does.

See the rest here

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Majority of Americans Now Say Psychopath and Serial Liar Tony Fauci Should Resign

Posted by M. C. on November 3, 2021

https://www.thegatewaypundit.com/2021/10/majority-americans-now-say-psychopath-serial-liar-tony-fauci-resign/

By Jim Hoft

Dr. Anthony Fauci has repeatedly lied under oath about his funding of the Wuhan laboratory’s -*- research on deadly viruses.

Fauci repeatedly lied to Senator Rand Paul during senate testimony on his illicit funding of Chinese research.
Rand Paul has already called for Fauci to be fired and face justice.

.@RandPaul: “Yes, Fauci ought to be immediately fired.” pic.twitter.com/OdTBw1rqiQ

— Newsmax (@newsmax) October 27, 2021

Fauci is also responsible for funding ghoulish research on beagles, monkeys and even New York City orphans in his past.

TRENDING: NBC News and NY Times Call Virginia Governor’s Race for Republican Glenn Youngkin, 50.9% to 48.4%

https://www.thegatewaypundit.com/2021/10/wasnt-just-beagles-monkeys-faucis-nih-also-funded-medical-experiments-aids-orphans-ny-city/embed/#?secret=fPiyaHcZ81

Dr. Fauci also prevented successful treatments from COVID-19 patients causing the deaths of millions of individuals around the world.

Doctors stunned! New Coffee discovery Melts 33lbs till Christmas.Health-Discoveries

https://www.thegatewaypundit.com/2021/06/worse-thought-fauci-top-us-doctors-caught-conspired-disquality-hydroxychloroquine-covid-treatment-millions-dead-result/embed/#?secret=KCwGyynMba

And we all know, the COVID-19 pandemic will ALWAYS be with us as long as this psychopath is in charge.

Now this…
The people are wising up. A new poll finds a majority of Americans want the psychopath to step down.

Via The Hill:

A majority of voters said President Biden’s chief medical advisor, Anthony Fauci, should resign, a new Hill-HarrisX poll finds.

The survey, which was conducted from October 26,27, found that 52 percent of registered voters polled felt Fauci should resign.

By contrast, 48 percent of respondent said he should not.

A June 17-18 Hill-HarrisX poll found that 58 percent of registered voters said Fauci should not resign, while 42 percent of respondents said he should.

This monster needs to go.

Be seeing you

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