Law of Markets | Dedicated to the economics and politics of the free market

Time 2021-05-07 21:15:48

Web Name: Law of Markets | Dedicated to the economics and politics of the free market

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Two items just picked up from Lucianne.com and both are part of the picture of an America in free fall into some kind of totalitarian adventure that will cause no end of harm before we are done. The first deals with the covid hysteria that is leading us into at the very least a passport-requirement future which is an essential element of The Great Reset. The second is an assessment of where current trends will leave us if nothing is done to put things right. Where America goes we all go. If you are reluctant to get the COVID vaccine and beginning to feel overrun by forces pressuring you to get vaccinated, you aren’t alone and you aren’t crazy. There’s a reason you feel the way you do. You are being manipulated. We are being bombarded with commercials pushing us to be socially responsible. Medical professionals, celebrities, and folks in our communities admonish us not to shirk our civic duty. Suddenly, the vaccine is the only way to normalcy. Friends and family openly brag about their vaccinations and gasp in astonishment when they find out you haven’t decided or, worse, that you will not get it.` We are in a dire and extreme condition as a country, where one of our two major parties is moving toward a total power-grab and a re-directing of our entire system of government. The left is positioning itself and has made significant headway already to control all branches of government in perpetuity. The days of thinking through differences are over as far as the Dems are concerned. (snip) What we now see is not just a 50-50 split between two parties (which have an underlying consensus about the socio-political unity and purpose of our country), but a 50-50 split between Americans and an anti-American, despotic mentality.China has taken the first formal step towards severing government ties with Australia after more than a year of incremental trade strikes, veiled threats from the Chinese embassy and escalating attacks by Chinese state media. Beijing sent a message to Australia on Thursday that all dialogue at the political level will be cut off for years after the superpower’s top economic planner suspended the China-Australia Strategic Economic Dialogue.The decision to indefinitely suspend what was once a key communication channel came two weeks after China’s Foreign Ministry said it would “respond firmly and forcefully” if the Morrison government did not reverse its decision to cancel Victoria’s Belt and Road agreement.Here I thought this B R was a form of kind-hearted assistance program. Seems there may have been something in it for the Chinese Government that we are not being made truly aware of. Even Joe Biden is wary and that is really saying something.The Australia-China dispute comes as the G7 group of nations meeting in London called on China to respect fundamental freedoms. Beijing has been accused by the Biden administration and some members of the European Union of human rights abuses, economic coercion and military threats against Taiwan.The Australian Prudential Regulation Authority (APRA) has just released a note on guidance on managing the financial risks of climate change which includes the graphic shown above. Now, if they were releasing an approach to dealing with the psychologically disturbed people who take this stuff seriously, that would be one thing. But they seem to believe that the risk actually comes from global warming itself. What can be done with such fools? They will be the financial ruin of us.Incredible from end to end. And unbelievably repulsive. The very essence of the American left. This was in California.David Solway on After Masks and Lockdowns, Here Come the Vaccines . Read it all, but start with this.The ramifications of the vaccines are far worse than that. Symptomaticreactogenicityis not uncommon. In just a few months, a spectrum of concerningside-effectshave appeared, ranging from blood clots, erythema, cardiovascular ailments and Bell’s Palsy to anaphylactic reactions, swollen lymph nodes, chronic pain and untimely deaths. It should be no surprise that the general population will be constantly assured by a complicit network of authorities and pseudo-authorities that adverse reactions are statistically insignificant and should not be heeded. The incurious will be easily persuaded, especially as countervailing reports will be duly censored.A typicalexampleof what is really happening comes from British Columbia doctor Charles Hoffe who, in a letter to the Ministry of Health, reports “numerous concerning allergic reactions and neurological side effects from the vaccine,” and observes that “In stark contrast to the deleterious effects of this vaccine in our community, we have not had to give any medical care what-so-ever, to anyone with COVID-19.” He concludes that “this vaccine is quite clearly more dangerous than COVID-19.”We have been lied to at every turn so why should things be different now? He has a video on the platform that leads the rest titled, In a Time of Silence . What could he mean by that? This is what he means by that: Twitter locks President Trump’s account, deletes tweets about Capitol rioters. There s plenty more of that kind of suppression around.And that is really saying something. I ll start with the very last line and then work forward.The writer is founder and executive chair of Evercore and was deputy US Treasury secretary under President Bill ClintonDo you really think this man will ever say anything positive about Republicans? It s from The Financial Times in England and this is its title: US Republicans no longer understand business . What dullards these people are! Here s how the article starts.A schism has opened up between the Republican party and US business. It began last month when Coca-Cola, Delta Air Lines and other large companies condemned a Republican-sponsored law that would restrict voting in Georgia. American Airlines and Dell then objected to a similar proposed law in Texas. Mitch McConnell, Republican Senate leader, warned the companies to “stay out of politics”. Marco Rubio called them “woke corporate hypocrites”.These people have not the slightest idea what is going on right before their eyes. Anyone who believes that there had been a Republican-sponsored law that would restrict voting in Georgia is so dense they should be sacked on the spot for being too stupid to follow anything of more complexity than a six-piece jigsaw puzzle. And anyone who subscribes to the paper is almost certainly just as dumb if they base their decisions on what they read. From Ace of Spades just now, under the heading, Top Story . I think they re laughing at us.Future tense, present tense, what s the difference? Today, approximately 3.5 million premises across Australia can access the NBN Home Ultrafast wholesale speed tier with wholesale download speeds of 500 Mbps to close to 1 Gbps, on demand. Oh, really? I d like to sign up then.I can t? No fucking surprise, because it took you bastards twelve fucking years just to wire up suburban Sydney.I do at least have 80M down and 40M up now, though, which is a hell of an improvement from the 14/2 I had a year ago.These are the people who saved us from Tony Abbott. What a pair of clowns they were are.I only look at Ross Gittins to find out just how far off the beam economists are, and once again he does not disappoint: Now we’re trying Plan C to end wage stagnation:It’s a tacit acceptance of an obvious point many economists (and I) have been making for ages, but the government and its advisers haven’t been prepared to acknowledge: since consumer spending accounts for well over half of gross domestic product, and growth in wages is the chief source of growth in household incomes, without real growth in wages economic recovery simply isn’t sustainable.The key to rising real wages is rising value added per employed person (ie higher productivity). That many economists (including Ross) think buying things will create value only shows to go you what a primitive subject economic theory remains. Come and see the billion dollar station they are building at the Shrine of Remembrance in Melbourne to see why real wages are going nowhere. If you build what no one is going to buy a government speciality you will not only fail to create growth you will diminish it.Why isn t that obvious? And it won t matter a bit whether every single worker on every single project spends all of their income to the last dollar.There are lots of ways to assess a civilisation, but there is no denying that the one we live in here in Australia is the most successful so far as economic prosperity and personal freedom are concerned. We in the West have also done quite a bit to uncover the nature of scientific truth (e.g. how do we know that our bodies are made up of trillions of cells? btw what s a cell and how do we know?) which has led to Western medicines being the standard across the world. We have also had our disasters, such as the incubation of Marxist/Socialist thought which continues to ruin many nations, and remains a predator even within our own societies, threatening to plunge us into some new form of feudal serfdom. Speaking of which, just what is feudal serfdom ? Not sure we are up to teaching it any longer. Not sure anyone any longer knows much about history. Many of the same people who now teach our children about Nazis also think Donald Trump was a Nazi. How do we deal with such fools in such strategic places in our society.There is an idiocy about that suggests that Western Civilisation was built on plunder and the subjugation of others. I don t see it that way, but some do. Nevertheless, at the present moment, our way of life seems about as good as it gets across the planet. Global migration are efforts to enter our societies, not to leave them. Which brings me to How the West was airbrushed from history by Nick Cater in today s Oz. He begins:The proposed revisions to the national curriculum do less than we might have hoped to banish the scourge of woolly thinking from the classroom. Spare a thought for the teachers who are expected to navigate their way through this murky document to work out what they should be teaching. Or, indeed, whether they should be teaching at all, since the verb “to teach” hardly appears in the draft curriculum. Numeracy is not so much to be taught as absorbed by giving students “opportunities to build and refine a robust knowledge and understanding of mathematical concepts”. Children should not be instructed to read but rather encouraged “to engage with, analyse, interpret, evaluate and create spoken, print, visual and multimodal texts”. The muddled approach to literacy is matched by a downgrading of the English language itself. The first thing foundation students are expected to learn is that “English is one of many languages spoken in Australia” and should be taught alongside the “oral narrative” traditions of Australia’s First Nations peoples and Asian texts. This pained effort to be inclusive means the curriculum hesitates to prioritise anything at all. Among the dozens of things about language children are supposed to absorb by the end of Year 3, for example, are the power relationships reflected in camera angles in advertisements and film segments. They must understand the phoneme–grapheme relationships that apply to Aboriginal and Torres Strait Islander language words. The requirement to write using “joined-up letters of consistent size” is number 33 on the list.The March Through the Institutions has been a march of folly. A teacher who has never read Shakespeare or any of our classic literature, who knows nothing of our history or the stages through which we progressed, who understands little of our philosophical origins in our Biblical traditions, is about as ignorant as it is possible to be. We pass on idiotic nonsense about equity and equality without the slightest notion of how loaves of bread reliably end up in our bakeries every morning (along with iPhones and central heating). We teach our students about plastic in the ocean, while never explaining how plastic is made (I once asked each of my classes one year, around 300 students, where plastic came from and not one knew!).

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