Category: Great Moments In Socialism

Collectivist thoughts

I’m frankly amazed that Tyson even agreed to be on Del’s show, but this is a revealing exchange nonetheless.

Tyson doesn’t seem to understand a very basic point: the purpose of the scientific method is not to “produce consensus” but rather to discover the truth.

Entire interview here.

Let That Sink In

The Power To Regulate Is The Power To Control

Established in June 1934, early in FDR’s first term as POTUS, the Federal Communications Commission (FCC) licensed radio spectrum a mere six months at a time. That gave it the power to harass radio stations that criticized the New Deal, or FDR himself. The FCC soon developed a reputation for denying licenses or causing major paperwork headaches for radio stations daft enough to question the New Deal Order or the administration’s official narratives.

One particularly stunning example of government censorship via corporate proxy occurred in February 1934, when the nation’s radio spectrum was still under the control of the FCC’s bureaucratic precursor, the Federal Radio Commission. Like more recent censorship-by-proxy, it led to death and destruction.

Eager to further his version of a Great Reset, FDR announced that contracts with private airlines to deliver the public mails were abrogated (as gold clauses in bonds had been) and the routes turned over to the US Army Air Corps. Unfortunately, the military’s pilots back then were far from being candidates for Top Gun school. As predicted, they began crashing. Soon, a dozen had died, along with many of the messages they had been entrusted to carry.

To hide his failed policy, FDR censored veteran pilot Eddie Rickenbacker, who took to the airwaves to bring public attention to the matter. NBC Radio’s William B. Miller warned Eddie that if he said anything controversial on air, he would be pulled off, on orders from Washington. Instead of criticizing FDR as intended, Eddie dissembled.

The Twitter Files saga proves that the US federal government is still using its regulatory powers to coerce corporations into censoring critics, despite the fact that doing so is patently unconstitutional. As the US Supreme Court ruled in 1960 in Bates v. City of Little Rock (361 US 516), First Amendment rights “are protected not only against heavy-handed frontal attack, but also from being stifled by more subtle governmental interference.”

You’ve got to believe me!

It’s been acknowledged for a few months now that the Fed, like all central banks, is experiencing an unusual problem: for the first time in its history, it is actually losing money instead of being able to remit interest earnings to the treasury. As this post on the Mises website notes, those losses have now grown to $44 billion.

But not to worry. Those central bank wizards have some accounting tricks that will make this all go away. Or at least they’ll apparently go away if we ignore basic math:

The Fed’s balance sheet claims its capital is $42 billion, but in violation of the most obvious accounting principle (from which it conveniently excepts itself), the Fed does not subtract its operating losses from its capital as negative retained earnings.

Instead, it accumulates the losses as an opaque negative liability, which balance is found in Section 6 of the report under the title “Earnings remittances due to the U.S. Treasury.” These are simply negative retained earnings: to get the right answer, you just subtract them from the stated capital.

 

Recycled politicians

In other news, former New Zealand Prime Minister Jacinda Ardern is gearing up for a new role: spouting bromides and promoting a veritable blizzard of non-concepts. Hard to say, though, if that’s actually anything new.

“The Christchurch Call is a foreign policy priority for the government and Jacinda Ardern is uniquely placed to keep pushing forward with the goal of eliminating violent extremist content online,” Hipkins said.

Showing Up To Riot

Reuters;

Dutch Prime Minister Mark Rutte’s government faced a no-confidence vote on Wednesday over plans to cut nitrogen emissions on farms, three weeks after being beaten in provincial elections by a farmers’ protest party opposed to such cuts.

Rutte’s centre-right coalition is expected to survive the vote as its four parties together hold a slim majority in the 150-seat parliament, but the opposition’s move underlines the government’s vulnerability following the elections. […]

In a big shock for the Netherlands’ political landscape, the farmers’ protest party BBB (BoerBurgerBeweging – Farmer Citizen Movement) emerged as the clear winner of the provincial elections on March 15. Those results determine the make-up of the Senate, the Dutch upper house of parliament.

The Audacity Of Woke

Whether it’s a country music drag act, a trans-identified light beer, or a march for willing subjugation and a surrender of natural rights to the State, the memetics of cultural Marxism are performative — phony Maoist struggle sessions delivered in swarms to project strength and to dispirit opponents by displaying the inevitability of the mob and its power. It’s a cultural troll. It’s their way of telling you that they are in charge, and that you are helpless. You will conform. You must. What else is there?

Protest abatement strategy

Some people you don’t like are protesting a little too much? No problem! Hit them in the pocketbook!

It’s a wonder we don’t hear calls for an invocation of a state of emergency and bank account seizures. But I’m sure someone will get around to that eventually.

Ontario’s NDP urged the government Tuesday to create community safety zones that would protect drag artists and LGBTQ communities from harassment and intimidation at their performances.

The bill would allow the attorney general to temporarily designate addresses – such as where a show is taking place – as community safety zones, and anti-LGBTQ harassment, intimidation and hate speech within 100 metres would be subject to a $25,000 fine.

Ominous Parallels

Bill Maher provides some timely criticisms of the current woke revolution in this enlightening and humorous clip.

“The problem with communism and some very recent ideologies here at home is that they think you can change reality by screaming at it; that you can bend human nature by holding your breath. But that’s the difference between reality and your mommy.”

“Yesterday I asked Chat GPT “Are there any similarities between today’s woke revolution and Chairman Mao’s cultural revolution of the 1960s?” And it wrote back “How long do you have?””

Universal Death-Care

Back in the day, governments sterilized the mentally ill.

Until they got sued for it.

So now, they’ll just kill them.

Crisis Factory

We’ve all heard the term Military Industrial Complex, but economist Peter St. Onge has come up with a new term for the actions of central banks as they vainly attempt to “manage” the economy: the Crisis Industrial Complex.

In essence, the Fed plays venture capitalist to the crisis industrial complex. Financing each crisis in that vulnerable early stage when voters might not be up for paying $14 trillion to run around Afghanistan, or $7 trillion to pay people not to work, or the $50 to $90 trillion — not a joke — they want for a New Green Deal.

This bridge financing is important in that start-up stage of a new crisis, when the product’s not off the ground yet. Like offering a free trial to get somebody to subscribe, it has to be free long enough for the parasitic supporting infrastructure of academics, activists, media, and crony companies to build up, to metastasize. That venture stage manufactures the consensus, identifies and censors the dangerous conspiracy theories, keeps the money flowing to the opportunists who will sustain it as a permanent parasite.

It’s Probably Nothing

@WallStreetSilv

Within the past few hours, multiple OPEC nations have announced oil production cuts, total is over 1 million bpd. Russia has also announced 500,000 bpd cut.

Biden has already sold about half of our emergency oil supply reserve. He can’t counter this situation.

It will be very interesting to see where commodity futures open Sunday evening.

Bumped for update: Japan has broken the pact with the US and its Allies and has bought Russian oil above the price cap

Nobody saw that coming.

Let That Sink In

“Straight out of 1984”.

Full interview on Rumble.
Related: A bipartisan Senate bill that would rein in the Chinese-owned app is facing its first real headwinds.

Navigation