Category Archives: Economy

NEW ON YouTube: DEEP TECH’S Economic Terrorism

Capitalism, Economy, Individual Rights, Internet, libertarianism, Liberty, Media, Natural Law, Paleolibertarianism, Politics, Technology

“… I touch on financial deplatforming, which certainly verges on violating the natural right of individuals to make a living. …

… Telling people they can’t open a bank account teeters on informing your victims they might not be able to make a living, despite the fact that they are innocent; their only offense being a thought crime, namely typing or wafting words into the air.

How do you make a living if you can’t bank, or contact your clients electronically? Do you go back to a barter economy (a book for some bread)? Do you go underground? Cultivate home-based industries? Do you keep afloat by word of mouth? Go door-to-door? Go back to stamping envelopes? How can you when your client base is purely electronic? …”

 

Rich Republicans Denying Desperate Americans Funds Don’t Get That The Small-Government Ship Has Sailed

COVID-19, Debt, Economy, Foreign Aid, Government, Hollywood, Politics, Republicans, Ron Paul, The State, Welfare

From Mitt Romney to Rand Paul, quite a number of oleaginous Republicans are opposing President Donald Trump’s push for bigger $2,000 stimulus checks.

These Republicans have “expressed concerns that $2,000 checks would cost the government too much money. Increasing the original $600 direct payments would mean the government would have to borrow another $464 billion.”

Has Rand Paul lost it? He says,

“I think giving money to people, though, who are already working—look, my kids are working and don’t need a check. They’re not rich, but they don’t need a check. And most working Americans don’t need a check right now,” he said.
“It’s a really foolish, eggheaded, left-wing, socialist idea to pass out free money to people,” Paul went on. “So I part ways with the president on giving people free money.”

It’s when politicians point to their kids as exemplars of ordinary working stiffs—that the gag reflex kicks in.

As to “free money”: The money is the people’s money returned to its rightful owners. You, sir, are getting free money. Politicians, paid out of taxes, are thieves–never wealth creators, but, rather, wealth consumers–and worse, parasites.

The Bill squanders minted money overseas and stateside, such as on  authorizing “a Smithsonian Women’s History Museum and a National Museum of the American Latino.” Foreign aid, of course, being a government-to-government grant, seldom helps anyone but the corrupt bureaucrats in charge of its dispersal.

Here is what’s in the “$2.3 trillion COVID-19 relief and government funding bill“:

  • $4 billion for New York’s MTA as part of bailouts for mass-transit systems.
  • $15 billion earmarked toward grant programs for live entertainment venues such as Broadway.
  • $7 billion toward expanding broadband access.
  • $1.4 billion for a construction of a wall on the southern US border.
  • A new law saying that violating copyright laws with unauthorized online streaming will become a felony punishable by five years in prison for first offenses and 10 years for repeat offenses. Sen. Thom Tillis (R-NC) pushed the provision.
  • A rule saying the US Postal Service can no longer deliver e-cigarettes.
  • $500 million earmarked for Israeli defense purchases, including to equip the Iron Dome missile defense system.
  • $250 million over five years for Palestinian economic aid, which was pushed by New York Democratic Rep. Nita Lowey.
  • $2.5 million for “Internet freedom programs in closed societies”
  • $10 million for “gender programs” meant to help women get education and start businesses in Pakistan.

To their credit, Trumpian Republicans—Senators Lindsey Graham, Marco Rubio, Susan Collins, David Perdue, Kelly Loeffler and Deb Fischer—have distanced themselves from the inappropriate objections, coming from their camp, to money for desperate Americans whose livelihoods have been destroyed by state response to COVID.

However, other Republican senators—John Cornyn, James Inhofe, Martha Blackburn, Pat Toomey, Roy Blunt, Rand Paul, Mitt Romney—have demonstrated a corporate, Beltway sensibility, as detached as that of the Democrats.

Most ludicrous is that these Republicans still believe there’s a case to be made for “small government.” Have they looked at the debt clock? Do they think the American State will ever again be small; can ever be shrunk?

The Small-Government ship has sailed and some Republicans don’t even know it.

Manufacturing Was Outsourced And The Working-Class Decimated, All For Cheap Goods And … Corona

COVID-19, Drug War, Economy, Labor, libertarianism, Outsourcing, Populism, Race, Welfare

Denial of white decline is to be found on the Left and Right–and certainly in the reporting of Nicholas Kristof and Sheryl WuDunn.

Likely following in the popular footsteps of the annoying J.D. Vance of Hillbilly Elegy fame—Kristof returns to his hometown, Yamhill, Ore., to find, I wager, exactly what he expected to find, or else he’d never have embarked on this “journey” (he follows the news and the money):

Dying white people (hush).

the kids who were on my old school bus, Bus No. 6,” recounts Kristof … “About a quarter of the kids on the No. 6 Bus have died from drugs, alcohol and suicide

Come on, Nicholas, say it: Whites. (“American White Male Misery Is Real.”)

He also won’t own up to the part his ideological ilk played in the demise of the American working class.

The exchange the likes of Kristof have plumped for: Outsourcing America’s manufacturing base, thus consigning the working class to social oblivion, all in exchange for the wonders of cheap shit and … Corona Virus.

I recall how I was mocked in 2003 for decrying outsourcing, and promoting localism while libertarian, namely daring to question (not sanction) the sacred allocation of resources by business.

MORE: “Pulitzer Prize winners Nicholas Kristof and Sheryl WuDunn shine a light on sweeping economic and social struggles across the United States in an important new book.”

FAKE NEWS’ New Frontier: Against Any Efficient Reallocation Of Resources

Argument, Classical Liberalism, COVID-19, Democrats, Economy, Government, Natural Law, Propaganda, The State

The deeply silly Washington post has one of its anti-Trump “scoops”: ICE special response teams were freed up to respond to the June riots, ongoing. OMG! You wouldn’t want to optimize the people’s resources to save their resources, now would you?

Immigration and Customs Enforcement (ICE) used a flight charter service reserved for the transportation of detainees to move tactical teams to Washington, D.C., to help quell protests on June 2 in the capital, according to a report by The Washington Post.
To justify the flights, ICE transported immigration detainees from facilities in Arizona and Florida to its Farmville, Va., immigration jail, a current and former official told the publication.

Skim and consider the natural law: Is it not naturally licit for personnel who serve the people to be moved around so that they may better serve the people in another, more-urgent capacity?

At issue here are state rules: Why do state rules prohibit efficient allocation of resources? Because that’s the very definition of the state: Perversely inefficient allocation of scarce resources.

As to COVID: I, too, am concerned with COVID-19 spread, but COVID-prevention protocols have nothing to do with freeing up Immigration and Customs Enforcement to deal with riots. These are two separate issues, conveniently conflated here.