Category Archives: business

Full Court Press

California is making a Mad Dash to Insolvency… This new push to keep LA County closed for business is nothing short of the prelude to a Demanded Bailout from the Federal Government (Read YOU and ME).

Governor Newsome (CA-D) and Mayor Garcetti (CA-D) see COVID-19 as their opportunity to demand a bailout from the American Taxpayers for almost 100-years of failed Socialist policies and Profoundly Wasteful Spending by a Corrupted State.  California is Everything that is Wrong with Democratic Socialism.

This move to completely destroy LA County is not about safety, it’s about driving the plane into the ground as fast and as hard as possible.  This closure extension is nothing more than a cynically opportunistic political ploy designed to remove any obstruction to a Massive Federal Bailout of what can only be considered Criminally Fiscal Behavior, approved then ignored by an Elitist Voting Base.  The ‘I’m Smarter than you Kids’ have dug a hole they can’t get out of… as we have been warning them they were doing.

Folks… we are being played for chumps.

So here we are… are we going to allow that to happen?

 

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The Horror’s of the dreaded Yield Curve Inversion!

The Treasury yield curve has inverted because of massive amounts of wealth being moved into US Treasuries… from Hong Kong… in what would be traditionally called a “flight to safety”. This is distorting the treasury market.

The people of Hong Kong are far from stupid.

Although I wonder about the talking heads in the US.

For the record, of course, there will be another recession.  Why?  Because there is always another recession.  When?  Who knows.  But the famous indicator is currently subject to large external forces such a Chinese Military massing in the Shenzhen province just outside of Hong Kong.  It’s called “Market Distortion”.  One which is being created by the profound uncertainty of the future of Hong Kong due to the expected Communist Chinese invasion/crackdown.

We talked about this being worthy of your undivided attention almost 8 weeks ago.

It remains an event of greater importance than whether a Pedophile Auto-Erotically Strangled himself from the top bunk of his jail cell or was hit by the CIA… seriously… who gives a sh*t?

And Frankly, I always loved Recess.


Why I love the Russians…

Scientists distill vodka from Chernobyl’s radioactive exclusion zone and say it seems safe to drink

By Christopher Brito  (August 9, 2019 / 4:50 PM / CBS News)

Scientists have distilled vodka from ingredients found in the Chernobyl exclusion zone, creating the first consumer product out of the area since the nuclear disaster over 30 years ago. Called Atomik, the artisan vodka is actually an experiment from researchers looking into how much radioactivity would transfer over to crops grown in the zone, according to the Chernobyl Spirit Company, the team that created it.

Chernobyl Spirit Company made the liquor out of rye grain they planted in the exclusion zone and water from an aquifer in Chernobyl. After distilling it and conducting tests, James Smith, a University of Portsmouth environmental scientist and part of the group, told CBS News partner BBC they concluded that their product is “no more radioactive than any other vodka.”

Atomik vodka was created as an experiment for scientists to analyze how much radioactivity transfers from crops grown in the Chernobyl exclusion zone. Chernobyl Spirit Company

“Any chemist will tell you, when you distill something, impurities stay in the waste product,” Smith said. They sent the Chernobyl vodka to Southhampton University in the U.K. to undergo testing for possible radioactivity.

“They couldn’t find anything — everything was below their limit of detection,” he said.

The only problem with the vodka is that so far there’s only one bottle of it, according to the BBC. The team said in a blog post they plan on making more bottles of Atomik, with the hope of making a profit to help local communities that surround the abandoned zone.

The recent HBO series “Chernobyl” renewed interest in the disaster and the site where it transpired. Fears of radiation have kept many away from the exclusion zone, which was evacuated in the aftermath of the 1986 nuclear accident, but thousands of tourists now travel to the site every year. So many, in fact, that Ukraine’s president announced plans to make the site and surrounding areas more tourist friendly. The plans include new waterways and checkpoints in the area, enhanced cellphone reception and new walking trails. Filming restrictions will also be lifted.

Back in April 1986, when the region was part of the Soviet Union, a reactor at the Chernobyl nuclear power plant exploded, resulting in at least 32 deaths in the immediate aftermath. After initially downplaying the risk, the communist regime soon forced thousands of people to evacuate, turning the nearby city of Pripyat into a ghost town. Hundreds of square miles surrounding the reactor remain off limits.

(Russian Editor’s note:  Animal on label is Squirrel.)


China Needs Hong Kong to just keep doing Hong Kong

Now more than ever China needs Hong Kong to remain an engine of Capitalism.
We’ve talked before about Socialist Countries existing at the teat of Capitalist Countries. Socialism cannot create wealth.  Nothing has changed.
When China took control of Hong Kong in 1997 it was widely thought the Socialist country would quickly destroy all that made Hong Kong prosperous. Many believed, with good reason, that the oppressive, individual hating, top-down governing ideology would not be able to tolerate the freedom and individual liberty associated with Hong Kong.
Surprising the world, China instead chose to isolate Hong Kong from the rest of the country. It was a brilliant move by horrible people.  China held Hong Kong as an asset in its ‘portfolio’ with the realization that the prosperity Hong Kong created was essential to the perpetuation of China’s oppressive Socialist Ideology.
Don’t be fooled… Hong Kong remained an irritant to many of the Elitist Chinese Politicians. But economically it was a sound decision if it was the life of the oppressive, human hating, Chinese Socialist ‘Utopia’ which ultimately mattered. Those 1997 Autocrats in waiting were on the precipice of unimaginable wealth to be gleaned from a relatively new trade partnership with the United States. The full absorption of Hong Kong could wait a little while until a new engine of wealth was fully realized…
Fast forward to 2019…
The overt move to bring Hong Kong ‘into the fold’ of China’s Democratic Socialist Dictatorship has been underway for a little over a decade.  But a disruption, an Orange Swan if you will, occurred which turned the finely set table over.

Suddenly something changed.

The people of Hong Kong rediscovered their value when the prettiest girl in the room decided she ‘ain’t got no sugar’.
China’s ‘new’ engine of wealth, the United States, decided not to play anymore.  Hong Kong was back!
This move alone has thrown China’s long term plans into question.
Why?

To reiterate…

The resistance from the United States to the contemporary trade agreements with China has provided Hong Kong with the ability to resist… making Hong Kong important once again. China once again needs them… badly…

China’s long term existence is questionable, at best, without the United States and is certainly headed for a catastrophe without both the United States and Hong Kong combined.

This is an important Global event and deserves all of our attention.


Happy May Day!

thCAR011OM

A Brief History of Big Labor (AFL now AFL-CIO) and the Socialist Party USA.

The Relationship between Marxist Socialism and Fascism, both Statist Governing Theories.

This is a brief history lesson… put the beer down for a couple of minutes.

Originally published 1932.  (Keep in mind that a mere 30-years later came the 1960’s radicals… who today hold positions of power within our Government.) Found at: http://www.marxists.org

The A. F. of L. Becomes Fascist

Over 40 years ago on Union Square, New York, the leaders of the first May Day demonstration spoke not only about the 8-hour day but about the abolition of the capitalist system. “While struggling for the 8-hour day we will not lose sight of the ultimate aim, – the abolition of the wage system,” read the resolution presented to the striking masses assembled at Union Square on May First, 1890, after they had marched there in great columns under unfurled red banners through the working class sections of the metropolis. Now, the A. F. of L. and the Socialist Party make common cause with the bosses and are doing everything possible to prevent the workers from fighting for any improvement in their conditions, and instead of fighting for the abolition of the capitalist system are fighting to preserve it.

Over 40 years ago, the A. F. of L. appealed to the International Socialist Congress in Paris to help the American Federation of Labor with the strike movement inaugurated for May First, 1890, and the International came to the aid of the American workers by making this struggle an international one. Now, President Green and his satellite Mathew Well pledge the support of the A. F. of L. to each and every reactionary organization or movement formed for the purpose of combating the Communist Party which is carrying on the American fighting traditions of May First. The A. F. of L. leaders have developed from class collaborationists into open fascists, serving the capitalists as hangmen of the American working class.

In their attempt to defeat May Day and to draw the workers’ organizations which are under their influence away from participation in May Day demonstrations, the A. F. of L. and other reactionary labor organizations have fostered the observance of a so-called Labor Day on the first Monday in September of each year. Labor Day was adopted first on a local scale in 1885 and later granted by the various state governments as an antidote to May First celebrations.

Another campaign against May Day was inaugurated by the federal government with the aid of A. F. of L. leaders when May 1 was adopted as Child Health Day. The hypocrisy of both the government and the A. F. of L. is proven by the fact that a million and more children under 16 are sweated in American mills, shops and fields for the glory of American capital.

The real meaning of this sudden interest in child welfare, however, may be gleaned from the following reference to the subject in a report submitted by the Executive Council to the 1928 Convention of the A. F. of L.:

… The Communists still maintain May 1 as Labor Day. Hereafter May 1 will be known as Child Health Day, as the President is directed by the resolution passed by Congress to issue a proclamation calling upon the people of the United States to observe May 1 as Child Health Day. The object is to create sentiment for year-round protection of the health of children. It is a most worthy purpose. At the same time May 1 no longer will be known as either strike day or Communist Labor Day. (Italics mine – A. T.)

Can it be that the A. F. of L. leaders have not heard the story about King Canute and his attempt to sweep back the tempestuous ocean waves? Or is it that in their eagerness to break the fighting spirit of the workers they are willing to try anything?

The Social-Fascism of the S. P.

The betrayal of the workers begun during the war was continued by the Socialist parties after the war. They joined bourgeois governments to protect them from the wrath of the workers; they organized counter-revolutions to thwart the workers’ struggle for power; they became the butchers of the militant sections of the working class which were fighting for the overthrow of the rule of capital, just as the workers of Russia have done under the leadership of the Bolsheviks, the Party of Lenin. The social-patriotism of the Right and the social-pacifism of the Center during the war, have now been merged into social-fascism. The social-fascists have become part of the capitalist state machine, protecting it from the revolutionary actions of the workers and peasants in the imperialist and colonial countries. They call for war against the Soviet Union and organize plots designed to arrest the progress of building Socialism there. They support the war being waged against the Chinese people by Japanese imperialism and the seizure of Manchuria as an eastern base for attacking the Soviet Union.

They have long ago abandoned the demand for the 8-hour day. They hope that the League of Nations will secure for them the shorter workday through conventions between capitalist governments. The Marseilles Congress of the Second International in 1925 declared that the 8-hour day “should be recognized only in principle.” They still participate in May Day events, but only on the other side of the barricades, as was exemplified by the fiendish actions of the Socialist Chief of Police of Berlin, Zoergiebel, against the May Day, 1929, demonstrations in the working class sections of that city. In the 1932 presidential elections, the Social-Democracy backed the Bruening fascist government by supporting the re-election of Hindenburg.

The “Socialist” Prime Minister MacDonald sends troops to mow down the Hindu masses who are rising against British imperialism and its agents in India. Wherever capitalism has felt weak to cope with the rising tide of the revolutionary and national liberation movements of the workers and peasants, it has called to its service the Socialist parties, willing agents of capitalism within the labor movement, to help defeat these movements.

In the United States, the Socialist Party plays the same role. Although it is not in office, it has already earned its spurs in the business of betraying the best aspirations and interests of the workers. It joins all reactionary forces who are vilifying the Soviet Union and are trying to whip up sentiment for war upon the workers’ republic. It works with the A. F. of L. and the Muste “progressive” labor unions in hounding militant workers, in supporting the bosses against the workers, in applauding the forces of the state when they prosecute and persecute the revolutionary movement of this country. The old leaders of the S. P. (the Hillquits and Oneals) have forsaken whatever Socialism they ever believed in and the new leaders (the Thomases and Brouns) are bourgeois liberals who use the labor movement to advance the programs and the policies of the Theodore Roosevelts of the Bull Moose days and the Robert LaFollettes whose aim has always been to fool the masses with radical shibboleths.

Norman Thomas, the darling of the capitalist press, announces to the world in a recent book that he has brought forth a new kind of socialism, a socialism without Marxism. It has been tried before. An abler man than Thomas, Eduard Bernstein, tried to de-Marxianize Socialism more than thirty years ago. He knew better, however, than to go as far as Thomas goes in his claims. The German pioneer in this he’d only wanted to “correct” Marx, to “bring him up to date.” The American, Thomas, knows no halfway measures. He not only “revises” Marx, but abolishes him altogether, without, however, injuring Socialism thereby, as S. P. leaders declare.

Norman Thomas and the class-collaborationist Socialist Party which he represents today perhaps better than anyone else, stand exposed before the workers of this country as the betrayers and open enemies of the only Socialism that means workers’ rule, the Socialism of Marx and Lenin, the Socialism for which the Communist Party fights, the Socialism that is being built by the victorious workers and peasants in the Soviet Union today.

Revolutionary Traditions of American Labor

The American labor movement is rich in revolutionary traditions upon which the Communist Party and the Trade Union Unity League can draw in their work of organizing the American working class for revolutionary action. The great labor struggles which dot the history of the United States, bear testimony to the militancy of the American workers. Not only have the workers been ready to initiate struggles or accept provocations of the bosses, but when out on strike, they have stayed out long and fought bitterly against the combined forces of bosses and the minions of the State.

A labor movement which can look back to the general strike movements of 1877 and 1886, to Homestead (1892), to the A. R. U. Strike (1894), to Lawrence (1912), to the Steel Strike (1919), to Seattle (1919), to the many strikes in the coal, railroad, clothing and other industries, to the great struggles in Colorado, Pennsylvania, West Virginia, the Mesaba Range and, more recently, to Gastonia and Harlan, can also look forward to still greater struggles in the future. With the prevailing objective conditions – constantly deepening economic crisis, growing permanent unemployment, intensified exploitation through speed up methods, acceleration of imperialist rivalries leading to another world war, the American Labor movement, freed of its misleaders, will give an account of itself. The massacre by Ford police of four Detroit auto workers at an unemployed demonstration before his plant, the murder of Negro jobless in Chicago and Cleveland are evidences of the sharpening class struggle and the militancy of the workers.

Remember, the enemy of my enemy is my friend.  Ideological infighting is always present between Statists.  It’s a matter of who gets to Control you.

But when it comes to Free-Market Capitalism which protects the Natural Freedom and Liberty of the Individual… it is always the enemy of both flavors of Statism and they will always find communal ground in their effort to do away with it.

And You, in believing you have that Natural Right and subscribe to a bottom up Governing Theory, are the Enemy.

Happy May Day!


Dallas is Broken…

Today I read that Dallas is considering Municipal Bankruptcy.

Seriously?

Apparently the Police and Firefighters Pension fund, yes another Bankrupt Pension Fund, cannot deliver on the promises made to retirees.

This is an old song. In fact, it seems to be the most successful path to Bankruptcy in the last 20 years. The Unions make promises to their workers regarding retirement benefits which, once must believe, they know can never be honored but will come crashing down after the Union Bosses are long gone from their $500k a year jobs.  Simple.

In the case of Dallas it is a Democrat Mayor who must make a Bail-Out plea to a board of Republican ex-governors.

This is an opportunity to seize upon.

I would recommend the Board demand a full accounting regarding how this occurred. In other words, it’s not enough to state out loud “It’s Broken!”…. “Help!”.

What needs to happen is a complete unabridged step-by-step narrative, a concrete time-line, put on paper for all to see.  Everyone needs to understand how a Municipality arrives at a place where it cannot fulfill its promises. The benefit of this would be Shame… but also so it can be referred back to time and time again by those who want to make such promises and then walk off the scene with their huge Salaries knowing they will never be held to account.

Names need to be named. Blame needs to be placed. Acts must be identified so they can be avoided in the future. The Taxpayers are always Forced to hand over their hard-earned money for such foolishness never really knowing why. Enough is Enough.

This is what has to happen when you’re dealing with Children… even if the Children you’re dealing with make half a mil a year to act like their out to protect and support our Police and Firefighters using the never veiled threat of casting dispersion upon anyone who has the maturity to balk at bad math.

I’m going to Drink until it happens…


Can you Negotiate Something you have No Authority to Deliver on?

Once upon a time there was a New, Clean and Articulate Manager of the Worlds Largest Company.

The Owners of the Company, prior to his employment, had officially severed ties to another company because of their sordid business practices.  It was established that until the offending company corrected their horrible attempts to destroy The Owners’ Company, and their associates, all payments would be halted on monies owed to them.

For some reason yet unknown The New, Clean and Articulate Manager decided he would negotiate with the offending company. Part of his proposal was to begin paying those debts which were suspended until their behavior changed.

The New, Clean and Articulate, Manager did not ask the Owner for Permission to do this, nor did the New, Clean and Articulate Manager let The Owners know about the resumption of payments until after the fact…

Because of this, The New, Clean and Articulate, Manager had to launder The Owners’ money by turning it into other currencies then covertly transport that untraceable cash to the offending company in the dead of night, making sure The Owners would not find out.

Unfortunately, even after what the courts typically consider criminal activity by the New, Clean and Articulate, Manager of facilitating payments using laundered cash, the offending company’s behavior did not change.

In fact, that company’s behavior worsened.

Now the Owner finds out… from watching news reports of the other company cheering the payment as a victory by telling their employees it is proof they were never doing anything wrong in the first place and that they are going to use the money to do more of it, better than before.

What do you do with the New, Clean and Articulate, Manager?


Something Funny Happened on the Way to Nowhere

The United Kingdom Ended Up Somewhere.

In what can only be considered the biggest Political Blunder of the European Liberal Elitist Ruling Class, they held a Vote… A Referendum… on their policies of the last 40 years. It was a simple vote and the turn out reflected that. It was easy to understand. It was Up or Down.

The Vote was Down.

I have to assume that it was their innate Smug Arrogance which allowed the Referendum to get all the way to the Polls.  They must have honestly thought they were going to walk away with it…

Well, An anticipated Victory to Go Nowhere the Fabian Socialist LSE Grads knew they were going to toast, turned out to be Shock and Awe with an order to leave the circle of communal fantasy.

Whoops.

What will happen now is the fallback position of every Big Government Statist.

There will be the intentionally blind declarations of this vote being evidence ‘that Government has not done Enough’ for Britains.

Once no traction is felt with such foolishness then will come ‘they have no idea what they have done’.  In other words the British commoners are too stupid to know what’s best for them.  They were Drunk…. Stupid… Ignorant.  And the Elite will once again comfort themselves by repeating to one other “When faced with a decision the only thing you can count on the masses to do is make the wrong one.”

But herein lies the insidious nature of all Socialist politics.

The Elite will quickly set out upon a course of administering pain upon the British People and all those who side with this Declaration of Independence.

You see, you cannot be allowed to succeed without the guiding hand of Government.  And once you agreed some 40 years ago to what was considered the first step towards a Global Utopia of Collective States… backing out was never an option which would be tolerated by ‘serious’ Socialist ‘thinkers’.

This has always been my problem with equating ‘Western Democracy’ with Capitalism and Enlightenment Governing Theory.  It is not.  It’s Communism Light.  It’s the Turtle holding up a Fire Hot World being Hammered into a Utopia by frustrated Monarchists whose ideological leanings would have been better left on the ash heap of Europe’s Feudal History.

Make no mistake, there are those among us who like their power just the way it is… Theirs and Theirs Alone.  They believe themselves entitled to it… in the most literal sense.  Many of them believe themselves to be Plato’s Philosopher Kings… they believe themselves to be anointed by God… Superior Humans.  Pick your poison.

They have no plans of going away… or giving up.

And,

They will not leave this overt disapproval by the ignorant unwashed to go unpunished.


Fed Upple

What is the FBI actually up to when it comes to Apple?

To understand you have to get your mind around where we are today.
We are on the precipice of created secure communication that relies on identifiers such as voice recognition, retina identification, speech pattern and tone, facial recognition… anon. We will soon see phones and devices that only respond to the specific individual who ‘owns’ therm. We will be able to send messages, voice, text, etc. that only the intended recipient can access.

The Government sees this clearly…

Since Government views Private Communication as a Weapon.

They are simply attempting to make creation of such ‘encrypted’ communication illegal to distribute to The Public without an ability to defeat it being simultaneously created.

In other words, they are trying to get ahead of the technology by seeking a precedent through the courts which would require companies to cease creation of ever more secure communications (again, For the Public…) which they, the Government and the Company itself, cannot access through a back door. Every encryption program would require a key, built-in decoding or means of access for third a third-party.

The FBI would be fine (currently) with Apple being the only one with the ability to access your phone as long as the Government has legal precedent on their side to Force Apple, or whatever company owning the tech, to comply with their demand of information.  If the Company in question refuses to comply… in typical Socialist-Fascist behavior, the Government destroys the company.

Keep in mind, Deciphering messages is ‘easy’ (in the most complex meaning of the word) for our Government. (Reference Quantum Cryptography) But… if there is no message to ‘decrypt or decipher’, then they are impotent.

Here we are.

This is what the FBI-Apple battle is really about.

We are on the edge of genuine privacy within our electronic communications…

…and We like it.

…and our Government Hates it.

The aspect of this I find most interesting is ‘What about the rest of the World and their Governments?’

Do you think China is going to stop this technology in its tracks? What about Russia? Iran?

Of course not.  Those with the Power of Force will capitalize on these abilities and utilize it to control their respective populations.

All of this ‘court ordered access’ will only apply to None Government folks… us.


We Must Destroy the Village in Order to Save it.

Hillary Clinton’s New Economic Policy proposal designed for the good of All Americans…

Hillary Clinton has abandoned “It Takes a Village” for “We Must Destroy the Village in Order to Save it”.

The Full Exchange between the Two Socialists, Hillary Clinton and Bernie Sanders is Here.

Well, it worked in Vietnam.  Right Libs?

Do you Leftists ever see the hilarity in your rhetoric?

No.

Nor do they see the Irony…. Hypocrisy… or Sheer Stupidity.