Category: It’s Probably Nothing

Broken Records

It’s about time that Zimbabwe switched off the broken record and admitted that decades of scientific socialism have only yielded abject failure, but Maximum Leader seems intent on forcing the citizens to bang their heads against the wall yet again.

On Friday, Mushayakarara is expected to announce the introduction of a gold-backed currency to replace the worthless local dollar, which is currently trading at around 30,000 to one U.S. dollar and, unlike the South African rand, does not circulate in neighboring countries.

Zimbabwe has introduced and abandoned at least five currencies since independence in 1980, all of which lost value to become almost worthless.

Zero Income Earners

The emergence of another casualty of California’s decision to hike the minimum wage to $20 per hour comes as no surprise to anyone who understands basic economics: the real minimum wage is actually zero.

When making their way to work Monday morning, Navarro and her team learned upon arrival that the restaurant owner had made the decision to close its doors for good. The owner, Loren Wright, told local Fox affiliate KMPH that this was the “last thing” they wanted to do, but knew by Friday night the business likely wouldn’t be able to absorb the wage hike…

“And those who are still working in the areas around us that went up to $20 an hour, they got their hours severely cut.”

The New Police State

Not only can the Scottish police now charge you with “hate speech” on a wide variety of topics, but they can do so based on criteria that drops any  and all pretense of objectivity. It seems that for Scots the best way to avoid prison would be to tape their mouths shut and abandon social media.

Asked whether “misgendering” someone or making a comment about their religion would be a crime the minister replied: “This will be up to Police Scotland. I wouldn’t say misgendering if you say something on social media for example it would be up to Police Scotland to determine.”

Rest assured, however, the police will move heaven and earth to investigate such “high level” crimes:

Just last month the national force said it was no longer able to investigate every “low level” crime, including some cases of theft and criminal damage.

It has, however, pledged to investigate every hate crime complaint it receives.

Our Business is Theft

And business is booming.

David Clinton- Using Government Data to Track the Car Theft Epidemic

Canada is experiencing some nasty car theft numbers right now and I’d love to understand the underlying “business” model a bit better. Reports suggest that most of the stolen cars are left to “cool off” for a couple of days to make sure there aren’t any tracking devices (not that the police have time to intervene even if there are) and are then shipped out of the country through the Port of Montreal.

Conservative in Name Only

If even a conservative government can rack up this kind of debt, there’s no comfort in knowing that a liberal government would rack it up even faster. There’s virtually no political constituency for smaller government left anywhere on the planet, perhaps with the exception of Argentina.

Ontario is delaying its path to balance as lethargic economic growth drags the province’s books further into the red, with a $9.8-billion budget deficit projected for the coming fiscal year.

The deficit for 2024-25 is almost double what the province projected in the fall economic update. That document had also eyed a return to surplus the following year, which was already delayed a year from the 2023 budget. Bethlenfalvy now projects that a small surplus will not happen until 2026-27. In 2025-26, the deficit is forecast to be $4.6 billion.

Self Defense in the Rainbow Nation

At one time I was told that legal, personal ownership of a firearm was extraordinarily difficult in South Africa, but it seems that times have changed. That won’t stop the BBC, however, from trying to frame the problem as one of gun ownership as opposed to a criminal justice system that has largely collapsed along with the economy.

For the last six years Penson Mlotshwa has been carrying a gun with him wherever he goes in the South African city of Johannesburg. To the shops, restaurants and even the gym. His gun has become an extension of him as the country battles record levels of crime. “I’m not a fortune teller – I never know when I will be attacked,” the YouTube content creator told the BBC.

“Unfortunately, I’ve had to use my gun multiple times to protect myself,” he sighs, explaining how a man wanting his wallet pulled a knife on him after dinner one night. He drew his gun and made the mugger hand over the pocket knife, which he threw in the gutter.

Thirsty Proletarians

First there was the collapse of the electricity grid, then the collapse of the railway network, and now the water is running out. Yet few South African voters seem able to make a connection between these events and a political philosophy of nationalizing the mines, banks and monopoly industry. They cannot fathom that a mix of African superstition, tribalism and Marxism-Leninism is nothing less than toxic.

The shortages, which have lasted nearly two weeks, have affected some 50% of Johannesburg Water’s supply area, officials said. The South African city has a population of almost 6 million people.

Businesses have been hit hard, and several hospitals have been affected. Nurses at one medical center told local media that they were not able to wash their hands.

The Rising Cost Of Bird Choppers

These days it’s routine to hear that wind power is “free” energy. But the Swedes are finding out that the absence of an invoice for raw material doesn’t mean that it’s impossible to still lose your capital investment.

Christian Sandström and Christian Steinbeck analysed wind-power companies’ annual reports in Sweden and their work revealed “significant financial problems”, they told Swedish media outlet Kvartal on February 28.

“The total loss for the years 2017–2022 amounted to 13.5 billion Swedish krona [€1.2 billion], which meant a loss margin of 39 per cent,” they said about the sector.

Sandström and Steinbeck pointed out that the sector as a whole has not made a profit in any year since 2017.

Company losses have ranged from 19 per cent to 90 per cent of turnover between 2017 and 2022, they said.

Sock Puppets for Sock Puppets

When even Ed the Sock throws in the towel on Justin, you get the sense that the end has to be near.

As an aside, I remember when Ed used to be genuinely funny.

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