Crazy Clinton Decrees, Don’t Talk About The Fed

Debt, Donald Trump, Federal Reserve Bank, Hillary Clinton

Hillary Clinton has issued a decree about the Federal Reserve Bank, to the extend she understands that the Fed’s monetary policies are what monetize the debt she and her kind run up.

According to Clinton, the tool that greases the operations of government “should be off-limits for U.S. presidents and presidential candidates. You should not be commenting on Fed actions when you are either running for president or you are president,” commanded this illiberal, controlling, presidential candidate.

Donald Trump, on the other hand, gets that the Fed is “keeping the rates down so that everything else doesn’t go down,” and that, “We have a very false economy.”

And he says so.

To contrast with the lack of awareness of monetary policy among his rivals, Donald Trump’s awareness of the destruction created by the Federal Reserve system was commended in “The Trump Revolution: The Donald’s Creative Destruction Deconstructed”:

“The consummate homo economicus, Trump is a rational actor in the market place. Unlike the rest of the GOP contenders who’re guided by political calculations; Trump speaks like a man to whom rational economic choices are second nature. And so he gets that the ‘stock market is bloated’; that the Stock Exchange is a laughing stock, and that soaring stock prices are a consequence of centrally planned, monetary stimulus.” (p. 45.)

‘Hillbilly Elegy’: Why Liberals & Faux Conservatives Converge About This Book

Conservatism, Donald Trump, Left-Liberalism And Progressivisim, Political Correctness, Race

“Hillbilly Elegy: A Memoir of a Family and Culture in Crisis” is a culturally compliant account of poor, white America. Its thesis approaches not at all the one advanced (well in advance) in a chapter of “The Trump Revolution”: “Trump’s Invisible Poor Army’s Waiting On The Ropes.”

The politically proper utterances of its eloquent and smart author illustrate that you can write a national bestseller to the resounding approval of left-liberals, libertarians, neoconservatives and other excuse-for-conservatives provided your thesis allows a convergence over agreeable story lines.

This storytelling must sport major lacunae—mainly about the racial and ethnic dispossession of poor whites—to pass muster with all these factions. (Today, the author of “Hillbilly Elegy” could be heard relating to the MSNBC gendarme of PC how poor whites still had some white privilege to fall back on, when compared to poor blacks. Into The Cannibal’s Pot demonstrates that it is the EXACT opposite.)

When encountering the perennial nonsense of a self-styled conservative at The American Conservative, I’m reminded of how I miss the ornery but astute Lawrence Auster. The American Conservative was his self-imposed beat; he used to eviscerate its non-thinkers. Oh, I already said that in “Why I Miss Lawrence Auster, RIP,” where I noted how,

Brilliantly did the late Larry Auster dissect the demise of Russel Kirk’s conservatism at The American Conservative (TAC) magazine. Division of labor being part of a natural intellectual order that arises, Auster would have likely left it to me to point out the pimped intellectual principles this AC “writer” evinces in her meandering Mandela entry, in which “Madiba” is contrasted, in a manner, with George Washington. (Compare that AC crap with “Mandela Mum About Systematic Murder Of Whites.” You can’t!)
Auster was at his rhetorical best when deconstructing the “typically shapeless pieces”—or “weird and solipsistic” was another of his wonderful coinages—that this unthinking “conservative” crowd disgorged. About the American Conservative’s pipsqueak writers, Mr. Auster wrote with the studied contempt they deserve.

Here’s an Auster excerpt, which I hope will stay online. Writes the late Larry:

The founding editor of The American Conservative (known here as The Paleostinian Conservative), Scott McConnell, who has twice endorsed Obama for president yet continues to call himself a conservative, has written a typically weird and solipsistic article about me in which, among other things, he cluelessly calls me a European-style pagan fascist like Julius Evola and dismisses my work as a specimen of “radical right-wing disillusion with post-millennial America.” Because McConnell is a thoroughly emotion-driven, negative, and reactive personality, he sees me in the same light. He is incapable of grasping that I am someone who argues for standards based on truth and the good, and evaluates society according to those standards. That is not “disillusionment.” That is moral and intellectual judgment.
Also, Mencius Moldbug has a typically shapeless piece on me in which he pays me extravagant compliments which have precisely zero content. I defy anyone to say what Moldbug’s 2,600 word article means.
I’d like to write full responses to the two, but lack the energy right now. My purpose would not be to pursue the subject of myself, but to illustrate a “conservative” mindset and writing style that have become disturbingly dominant in certain quarters, as people of approximately conservative disposition have become so alienated from contemporary reality that they have given up on making sense of the world themselves, or on seeking a better and truer way. All they desire is to express their sense of superiority to the existing order of things, and they do this by spinning out whatever nonsense they feel like. And if they spin out the nonsense with enough verbal energy and pseudo-conceptual flair, they will find a devoted readership who feel that they share the writer’s superiority. It is very decadent.

Anyhow, the thesis of “Hillbilly Elegy” is sufficiently opaque and politically correct to  skirt the Big Lies and The real Truth.

In case anyone is listening to me, I would recommend a scholarly alternative, not so much for its perspective, but for the richness of the data: “Coming Apart: The State of White America, 1960-2010,” by Charles Murray.

 

Where Are The Trump Ads About America’s Dire Economic Indices?

Business, Donald Trump, Economy, Hillary Clinton, Labor

The participation rate in the economy is the lowest since the 1970s. Not since World War II have so many able-bodied American men of working age been out of the work force. Wages have declined commensurate with declining productivity, brought about by a lack of investment. In other words, if business operations are not well-capitalized and equipped with the latest technology; productivity will naturally decline.
New businesses are struggling to get off the ground.

These facts, discussed on The Journal Editorial Report this weekend, should be the stuff of non-stop Donald Trump ads, aired across the country.

Where are these Trump ads, pointing out that Hillary Clinton is clueless about economics. All Clinton grasps is government, the language of force.

In Which I Show My Inner ‘Illuminati’ To Some Zombie Readers

Anti-Semitism, Etiquette, Gender, Ilana Mercer

About Comments to “Trump’s Not Yet President, But Nieto Is Already Saying, ‘Si Se Puede,’” on The Unz Review:

Read them. Some are pretty disgusting. No matter. I usually ignore them, but sometimes you have to whack a worm or two. No problem. Anti-Semitism, small-man syndrome, and the impulse to belittle me qua woman—this has been part of the territory for as long as I remember. It’s all in a day’s work. (Written in 2006, “How Sexist Are Libertarian Men?” attests to this.)

I appreciate Dr. Ralph Raico’s valiant defense. You won’t get that from most other libertarians.

@Tobo

I, too, am amazed that some readers have inserted Israel into the discussion of Ilana’s excellent article. The next president of the United States will be either Donald Trump or Hillary Clinton (if her precarious health doesn’t collapse). If you’re worried about the one-sided American support for the Zionist state, then again Trump is your candidate. No one has been a more slavish excuser and enabler of Israeli misdeeds than Hillary, probably a major cause of the millions pouring into her campaign from Hollywood and Wall Street. But all that is besides the point. The election of Hillary would be a catastrophe for our country. Her appointment of two or three new Supreme Court justices, gutting the First and Second Amendments; her intensification of the surveillance state to a hardly imaginable degree; and, in her arrogance and recklessness, Hillary even risking a nuclear confrontation with Russia and World War III–these are the reasons to hope and pray that the Queen of Chaos never becomes president.

Since The Unz Review Comments are not working, I’ve posted a reply here to Ralph Raico’s comment, in which, among other things, he expresses amazement “that some readers have inserted Israel into the discussion of Ilana’s excellent article.”

Dear Ralph Raico,

Whenever readers at the Unz Review see my name, like zombies tied to a psychiatric chaise longue they blurt out, “Israel, Zionist,” and worse. It’s not their fault. The Jews made them congenitally stupid.

Published by the Illuminati, “The Trump Revolution: The Donald’s Creative Destruction Deconstructed” recounts how Trump was “subjected to loud booing when he told a Jewish-Republican crowd he couldn’t be bought. If anything, Trump’s promise to be a ‘neutral guy’ in attempting to broker an Israel-Palestinian peace agreement [had] given ‘hawkish candidates room to pounce,'” during the primaries.

Best regards,
ilana