Archive for Economy

Stuff Going On — 06/01/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , , , on June 1, 2017 by cavalier973

Will he, or won’t he? President Trump made a campaign promise to abandon the Paris Accords/Treaty/Agreement. Something I did not know is that this “treaty” was signed just a few days before Trump was elected! Anyway, destroying national economies as a sin offering to Gaia is not environmentalism, and that’s all these accords will do. Climate “science” is actually pseudoscientific flapdoodle–the same as Darwinism and Transgenderism–covered with a veneer of respectability provided by government endorsement.

CNN has a story about how Pres. Trump is making some sort of concessions when he abandons the deal, for his daughter’s conscience’s sake. This story is relayed in a video, which I did not watch, and so will not link.

Here is Jeffrey Tucker on the “Incredible Arrogance of the Paris Agreement/Accords/”Treaty”.

The real crime in the whole “Trump colluding with Russia” investigation may be that President Obama’s officials illegally unmasked Michael Flynn. An interesting detail revealed by “sources” in the Wall Street Journal (I think I have made my position clear concerning the reliability of unnamed sources) is that Samantha Power, President Obama’s ambassador to the U.N., got her own subpoena. It would be hilarious if, after Democrats and leftist-progressives pushed so hard for investigating Trump’s ties to Russia, the result is that President Obama and his lackeys are sent to prison.

Theoretical physicists make the claim that cosmic inflation can never be falsified, so the “Big Bang Theory” is pseudoscience. Well, I’m overstating a bit, I suppose…

An excerpt:

“Inflation theory was proposed by physicist Alan Guth to solve a number of serious problems in early versions of the Big Bang model. Supposedly, the universe underwent an extremely short period of accelerated expansion right after the Big Bang.

However, physicists later realized this version of inflation theory was too simplistic. Newer versions of inflationary models have inflation stopping at different times in different places, leading to the idea of a multiverse consisting of infinitely many ‘pocket’ universes.2″

As with all things proposed by the MatNats and the Darwinoids, no amount of actual science can falsify the Narrative of a Godless, self-creating universe in which information can arise spontaneously without an Intelligent Source.

 

Employers added 253,000 people to their payrolls in the Month of May, which beat estimates of 170,000 newly employed persons.

I blame Trump.

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Stuff Going On — 05/25/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , , , , , , on May 25, 2017 by cavalier973

♠ Scott Adams (creator of the “Dilbert” comic strip) considers President Trump’s calling terrorists “losers” to be a genius master persuader technique.

♣ The Congressional Budget Office reports that the “TrumpCare” replacement of Obamacare, if passed, will result in 23 million people losing their health insurance. Oh, but the deficit will be reduced by $119 billion, over ten years. We can trust the CBO’s reporting on stuff like this, since their predictions concerning the Affordable Care Act (“Obamacare”) were so correct. Said the liar.

♥ Two Portlandian entrepreneurs go on a visit to Mexico, figure out the recipe for tortillas from a restaurant they visited, return to Portland, and proceed to drive the restaurant in Mexico out of business by opening a taco truck in Portland. No, really; that’s what was totally going to happen, until some brave Social Justice Warriors stood athwart history yelling, “Boo!”

♦ No, I wasn’t familiar with “FAANGS”, but that is interesting. Anyway, is the sky falling? Is the Trump economy on the precipice of unmitigated and unimagined disaster?

Stuff Going On — 05/24/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , on May 24, 2017 by cavalier973

This is, like, just some guy’s opinion, man. It’s not news. Take it with a grain of salt. And, enjoy.

I’ve done a very brief bit of research (by looking at the Wikipedia article on James Comey), and so far the history matches. He was the guy that prosecuted Martha Stewart, he was the guy who absolved Bill Clinton of any wrongdoing when he (Clinton) pardoned Marc Rich, he did work at Lockheed Martin–although the opinion piece linked above seemed to indicate that he only took the job to funnel Lockheed’s charitable donations to the Clinton Foundation in return for government contracts granted to Lockheed Martin by H. Clinton’s State Department. Comey actually was hired by LM in 2005, and H. Clinton did not become Sec of State until 2008.

 

British police arrest three people in the investigation into the Manchester bombing. A question that the author asks is, “The more we learn about this guy, the more we wind up asking the same sickening question that crops up after so many terror attacks. How did nobody see this coming?” Well, we have some options on answering that question:

1. They saw it coming, but were too afraid for their own safety to notify anyone.
2. They saw it coming, and approved of the action.
3. They saw it coming, and tried to notify the authorities, but were ignored because “racism” (think Rotherham).
4. They saw it coming, and didn’t care.
5. They saw it coming, but didn’t think it would turn out so disastrously.
6. They didn’t see it coming, for a variety of reasons.
7. Etc., etc.

Aliens are causing a star’s light to fade and strengthen. Maybe it’s aliens. Perhaps it is faeries; why not? Elven wizards are using their magic to drain radiant energy from the star.

People who believe in extraterrestrial intelligent life forms (or any life forms) tend to believe in the “molecules to man evolutionary hypothesis” in some form or another. But if “Evolution” is true, then we earthling humans are most likely the most evolutionary advanced creatures in the universe. Seriously. Do you realize how much time it’s supposed to take for the descendants of spontaneously generated bacteria to reach human-level complexity? The universe is only 13 or 14 billion years old, after all…

“Priming the pump won’t create real wealth”, or economic growth, or income equality, or the elimination of poverty, or an end to the business cycle…

Stuff Going On — 05/18/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , on May 18, 2017 by cavalier973

Trump is on his way to a visit to Saudi Arabia. There is a countdown clock to the meeting. The Saudis are hopeful that the lurch toward favoring Iran that occurred under President Obama will be arrested and reversed by President Trump. The first article talks about the religious split (Saudi Arabia is Sunni Muslim, Iran is Shiite Muslim), but doesn’t mention the racial animosity between the countries: Saudi Arabia is Semitic, Iran is Indo-European, and I think it is a mistake not to bring that point up in these racially charged times. I once worked with Iraqi expatriates, and they hated the Iranians, but were contemptuous of the Saudis (they described Saudi Arabia as the “Mexico” and Iraq as the “USA”). But I digress. There is a hilarious quote concerning President Trump in the first linked article: “‘I hope he is very careful, nuanced and informed in his wording and body language, given the political earthquakes he could cause by repeating some of his previous rhetoric in such a setting,’ Sullivan said.” This is in reference to the speech Pres. Trump intends to make about the problem of Islamic extremism.

There’s just not enough popcorn in the world.

♣ The deputy attorney general appoints a special counsel to look into the whole #TrumpRussia story. The person he picked is former FBI man, Robert Mueller.

Roger Ailes, the founder of the Fox News network died. Sources say he is in talks with St. Peter to build an afterlife-based news station, tentatively called The Heavenly News Network.

Walmart is fighting for position against Amazon.com in the online shopping arena. I used to work for Sears, which at one time was prevented from merging with K-Mart because lawmakers were afraid that such a merger would create a monopoly in the retail industry. Then, years and years later, Sears and K-Mart did “merge”, and they are going bankrupt.

Online sales has proven too convenient. There’s also, I would think, a better “sales capture”, since packing that regretted impulse purchase back into a box and taking the box to FedEx or the Post Office is a lot more trouble than carrying it back to the store.

 

A couple of things…

Posted in For Free Trade with tags , , , , , , , , , , , , , on May 17, 2017 by cavalier973

•  Robert Wenzel discusses what a President Pence might look like, in terms of his economic policies, were Trump to lose his job. In short, Pence is conventionally “pro-market”, which means a mixture of actual Free Market advocacy with a leavening of crony-capitalism.

In this opinion piece, Gregg Jarrett argues that, had Comey written a memo describing Pres. Trump trying to obstruct justice, then Comey himself is guilty of breaking the law. He’s supposed to report that stuff. Jonathan Turley makes some similar observations.

Stuff Going On — 05/13/2017

Posted in For Free Trade, For God with tags , , , , , , , , , , , , , , , , on May 13, 2017 by cavalier973

The President of Turkey wants President Trump to not arm the Syrian Kurds, and also to hand over the guy who instigated last year’s coup. The presidents meet in D.C. next week.

♣ Last week I was called for jury duty, but was not ultimately selected. The case was “The State of Texas versus Aaron Gregory Lucas”. The jury found him guilty, and he was sentenced to life in prison. As with his trial in Colorado, he tried to blame the crime on his evil twin brother.

A music machine designed by Leonardo da Vinci is resuscitated. No word on whether Ron Howard will produce a mystery-thriller about the secret code discovered when the instrument is played.

I think Mr. Wenzel meant to say: “It’s Going to Blow”, because “It’s Gong to Blow” doesn’t make sense. In any case, the cure for FedGov budget problems is to cut spending, not raise taxes. Higher tax rates are a disincentive to productive work, which means that incomes are lower, so the taxes collected using the higher rate are collected from a smaller amount of income. It’s an unending spiral to the bottom. I desire that the FedGov cut its tax rates, but even more that it cut the amount of its spending . FedGov spending distorts the economy in numerous unseen ways. By it, the FedGov acquires resources, goods, and services that are then unavailable for market players. FedGov spending also incentivizes firms and individuals to divert resources into satisfying FedGov demands (which are based on political objectives and result in waste) rather than market demands (which are based on market objectives, and thus result in increases in productivity or consumption). Leaving rates where they are and cutting spending (truly cutting, not “reductions in the projected spending increases”) would be a better situation than cutting taxes and increasing FedGov spending–or, even, leaving spending at current levels.

I’ve started yet another blog

Posted in For Free Trade with tags , , , , , , on July 7, 2012 by cavalier973

This one is about stock investing.