Category Archives: Inflation

UPDATED (8/25): Remember: The UniParty Equals Treason, Always

America, Conservatism, Democracy, Democrats, Elections, IMMIGRATION, Inflation, Law, Republicans, Taxation

There is only one single political verity you need to bear in mind, as the TV bobble-heads speak at you about the worthy Republican electoral sweep ahead: The UniParty, and those who carry water for it, equals treason, always.

All you need to know about the depredations on the open, southern border, about inflation, and the scandal of armed IRS agents who, in addition to fleecing you without flinching, are now ready to fire on you, is this:

Fox News is dissembling about the change that is a-coming. Even if the GOP sweeps both chambers and nets the presidency, as it did in 2016, nothing much will change.

The $220 trillion (plus) in unfunded liabilities created under both Democrats and Republicans cannot be reversed. Too huge. The tipping point has been reached vis-a-vis spending and inflation. Besides, and

“Contrary to popular myth,” demurs James Ostrowski, “every Republican president since and including Herbert Hoover has increased the federal government’s size, scope or power—and usually all three. Include regulations and foreign policy, as well as budgets approved by a Republican Congress, and a picture begins to emerge of the Republican Party as a reliable engine of government growth.”

As to promises to “close the border’: Once illegals present at the border—they are never turned back, but are processed and released, a reality that is the legal creation of the UniParty. You can argue all you wish that immigration law does not sanction what’s occurring on the South-Western border, but it is a fact that the Republicans have allowed this practice of the law to prevail, and the GOP conducts itself as if this is de facto law.

Accordingly, any claimant other than a white South African can arrive at that border, do his Les Misérables act, claim to face a “credible fear” back home, get a court date, and then bolt like so many rabbits, to be seen again only at the voting booth, the welfare office, the DMV and at DACA demonstrations. These “credible fear” incomers are also the malcontents holding up signs that read “America is racist.”

Whether this is the case or not in law, Democrats and Republicans alike behave as if the law actually dictates that invaders-cum-“refugees” are to be processed and never expelled, from the USA. That’s all you need to know.

The GOP, when it controlled both chambers and the presidency in 2016, had not voided the “credible fear” standard of open-border immigration, normalized by both parties. It won’t in the future, if past is prologue.

Deficits and national debt will not be reduced under the GOP; only the rate at which they grow will be manipulated by the Uniparty for public consumption.

And not one armed-and-dangerous IRS agent hired by the Dems will ever be fired by GOPers.

Remember: the UniParty = treason

UPDATE (8/25): “Succession” [sic]

Solutions are to be found against and outside of politics, in informal acts of secession.  (Or, “succession” [sic] as Victor Davis Hanson said on August 19 appallingly, on Fox News, at the 4:00 PM slot. Acolytes of the Church of Lincoln struggle to say or pronounce the word secession. CNN’s Don Lemon also says “succession.” Maybe they think it’s from the verb to “succeed.” No, it’s from “secede.” I give up if Hanson can’t speak English.)

Planning and creating real communities of the like-minded. Forging reality on the ground. We the People–as in pockets of civil society–not the politicians. https://www.fsp.org/

* Screen pic credit

UPDATED: There Is Nothing Featherweight About Bryce Mitchell’s America First Principles

America, Europe, Federal Reserve Bank, Foreign Aid, Foreign Policy, Inflation

His martial art’s division is featherweight; but there is nothing light, fluffy or inconsequential about Bryce Mitchell’s America First principles.

Intuitively, Bryce Mitchell, a mixed martial artist, grasps the Ukraine-Russia conflict better than any of those “in-the-know,” who are willfully ignorant of the build-up to the conflict, capable only of reaching for their smelling-salts, together with the world’s brain trust (limbic-brains such as supermodels, actors—females, some with the Y chromosome—and other “activists,” having changed their activism’s focus, and the badges on their designer garments from demands for COVID compliance to policing obedience over Ukraine):

“I’m not going nowhere to fight. When war comes to Arkansas I’ll dig my boots in, fight for” those I love, land I love, the way-of-life I love.

UPDATE: Bryce Mitchell is a beautiful soul, both smart and eloquent. Tucker Carlson often says things such as, “He’s thought deeply about the issues” when it’s not always true. In the case of Bryce Mitchel it is, speaking as he did with precision about the Federal Reserve, Insider Trading and more.

https://gettr.com/post/pyzj50e008

https://video.foxnews.com/v/6300081412001#sp=show-clips

“Oppression and suppression is what’s going on…” “Evil is what’s taken over this nation, evil is what it is.” “Brother God bless you,” he tells Tucker. What a sweet child.

UPDATED: ‘Continuity Candidate’ Jerome Powell To Chair The Federal Reserve System

Debt, Economy, Federal Reserve Bank, Inflation

Paul Volcker looks especially good right about now” given the appointment of “continuity candidate” Jerome Powell to chair the Federal Reserve Bank.

MORE:

“Paul Volcker Looks Pretty Good Right About Now” By Jeff Deist.

Trump Taps Jerome Powell to Chair Fed” @ CATO

UPDATE:

The Swamp Wins: Trump Nominates Powell to Replace Yellen“:

… in naming Powell, Trump is picking an Obama-appointed Fed Governor for his most important nominations is itself quite fitting. While we have long known that bad monetary policy is bipartisan, Powell’s nomination serves as a particularly useful illustration of how little has changed in Washington since the Bush Administration.

Of course, just as Trump received his loudest applause from Washington for doing his best impersonation of his two predecessors, the President is already being praised for making a “grown up” decision when it comes to the Fed.

On A New Trick From The Feds’ Funny-Money Bag of Tricks

Debt, Federal Reserve Bank, Inflation, Private Property

Its old tricks are bad enough, but when an wrecking-ball like the Federal Reserve Bank tries something “new,” there’s even more reason to be afraid:

“T]here is something new [and ominous] in the present [quantitative easing] cycle,” warns Murphy, Robert P. Murphy, in the latest Mises Institute “Austrian.”

“The Fed is trying to raise rates while simultaneously maintaining its bloated balance sheet. It is attempting to pull off a magic trick whereby it can keep all of the ‘benefits’ of its earlier rounds of monetary expansion (i.e., “quantitative easing” or “QE”) while removing the artificial stimulus of ultra-low interest rates. …”

“Raising interest rates without selling assets,” gives us “the worst of both worlds.

We still get the economic effects of “tighter monetary policy,” because the price of credit is rising as it would in a normal Fed tightening. Yet we don’t get the benefit of a smaller Fed
footprint and a return of assets to the private sector. Instead, the US taxpayer is ultimately paying subsidies to lending institutions to induce them to charge more for loans, while the big banks and Treasury still benefit from the effective bailout they’ve been getting for years. …

Important reading: “The Fed Can’t Save Us” by Robert P. Murphy.