Commodities become more valuable than cash

 

Monica Showalter at American Thinker has a piece on the inflation we are all experiencing.  Here’s a key extract:

. . .[T]oday's inflation is far from done, according to the Fed, which expects to initiate three rate hikes in 2022 to fight it.  As the prices soar, it's likely that that 80% might just go higher.

Fed chairman Jerome Powell says consumer spending is strong, as a sort of point of optimism, but that's weird stuff coming from him.  If he's read anything about past inflationary surges, or maybe looked at the history of Argentina, he knows that consumer spending gets very strong in response to the value of the dollar falling (an inflation byproduct) as well as in response to anticipated price hikes.  Commodities become more valuable than cash, and everyone wants to get his own before the prices go up.  Of course people are buying; that's Your Inflation at Work.

Full article is here.  Stock up!

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Last chance to save Earth

 

The editorial board at Issues and Insights published this earlier today:

John Kerry said earlier this month that we’ve reached “the last best opportunity we have to get real and serious” about global warming. What’s the difference between him and a loon walking down Manhattan’s Fifth Avenue wearing one of those sandwich boards proclaiming the end of the world is nigh? We’re struggling to see any.

Kerry, the Biden administration’s special presidential envoy for climate – an office that amounts to much less than a bucket of warm spit – is part of a chorus of fearmongering that goes back more than three decades. 

“In 1989 the United Nations gave us 10 years to save the world,” science site Watts Up With That posted last year. 

Guess blogger Eric Worrall then went on to list more than a dozen “last chances” to stop global warming.

“If we do not heed this last chance, I’m sure there will be another last chance in the near future, just like all the previous last chances,” he said.

Dire, way-off-base predictions have been the hallmark of radical environmentalism for at least a half century. Reason’s Ronald Bailey took “a look back” in 2020 at the first Earth Day and the forecasters “who got the future wrong.” He notes that the world did not have to halve the planet’s population or stop economic growth completely “to prevent the imminent ecological cataclysm.”

Nor have we run out of natural resources, been forced to shut down automobile travel, ban luxury items, and wear gas masks in urban areas due to air pollution (though the doomsters among us are happy that we’ve been forced to mask up for a least a year for another reason).

Despite the unbroken string of erroneous predictions, we still get nonsense from the United Nations World Meteorological Organization, which says “time is fast running out” to keep global warming at bay, and drivel from U.N. Secretary-General António Guterres, who insists “we are on the verge of the abyss.”

That these people, including the John Kerrys of the U.S., who are as useful as a broken leg, have not been driven from their positions of influence and authority is a near tragedy. To the extent that we need political leaders, our country and our world deserve serious, sober-minded people leading our institutions, not the pretenders, narrative-pimps, self-seekers, virtue-signalers, mindless agitators, think-they’re-still-in-high-school attention-seekers, power-hungry louts, and batty alarmists who currently dominate. It’s discouraging to think that maybe soon we’ll have our last chance to rid ourselves of these malign characters, because they have a way of settling in like a distant family member who makes a surprise visit and then won’t leave. We need to start kicking them out now.

Monica Showalter at American Thinker quotes John Kerry’s “Net zero is not enough. We need to remove CO2 from the atmosphere”, to which Ms. Showalter responds:

Too bad about the plants.

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Facts vs propaganda

image credit: legalzoom.com

New York Times, Washington Post, 

Wikipedia, Facebook, etc., etc.

I’m linking to this report by Monica Showalter at American Thinker – not because it’s about the Jeff Epstein-Bill Clinton scandal, but because it shows the blatant corruption in media and information platforms:

With the bust of longtime Democratic donor and Bill Clinton buddy Jeffrey Epstein on sex-trafficking charges, it's pretty amazing, the scope of the Left's effort to pin the whole thing on President Trump.

It's going on all over, as if directed by some Mighty Integral from far above, to borrow a phrase from Tom Wolfe from The Right Stuff.  It's orchestrated.  It's universal.  It's big.  And it's about as honest and fact-filled as the Russian collusion narrative.

Here are the top three areas, and these aren't the only ones:

One, the press. 

The New York Times, the Washington Post, and other media outlets have attempted to pin the matter on President Trump as a matter of his knowing Epstein in the past and saying nice things about him, and the bum deal cut with Epstein earlier in Miami, which involved Trump's now–labor secretary, Alexander Acosta.

. . .

Meanwhile, over at the Wikipedia desk, item two, the second front on pinning-Trump has leftists are beavering away, eliminating all evidence of Democrats involved in the Epstein case, too.

And, three, at Facebook, posts are being censored for references to Democrats, particularly Bill Clinton, regarding the Epstein case.

The effort is strikingly global. Anything to protect Democrats, just as the original bad plea deal in Miami was a deal to protect Democrats (and their campaign money supply) by letting Epstein off.

One can only suppose that it's going to get worse as all the names of the Democrat "faves" start to roll out.

Full article with chapter-and-verse plus links is here.

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Ways to Stuff the Ballot Box

This blog recently reported that 

Ohio Secretary of State Frank LaRose announced a plan to create a work group that will focus on modernizing the state's voter registration, which would include automatic voter registration. (via Watchdog Ohio)

California serves as a How-To Manual of facilitating voter fraud. Here’s Monica Showalter at American Thinker:

California's election has unsettled many, given the role of ballot-harvesting in supposedly flipping Reagan-country Orange County entirely blue in the last midterm.

But the details rolling out now are getting far more disturbing. RealClearPolitics investigative reporter Susan Crabtree has put together a string of criminalities surrounding the way California runs its elections which makes one wonder if California has adopted the Venezuela Model of electoral governance.

She starts with a sickening new report that California's election was hacked through its "motor-voter" system, the system the state has to register as many votes as possible. If a California resident applies for a drivers license in the state, he (or she) gets registered to vote whether he likes it or not. An applicant can only say 'no' to the registration, not 'yes,' the 'yes' is embedded into the system. It's a set-up that relies on the "honor system" for a voter's claims of valid citizenship to vote and there is no verification. 

Read the rest here. Ohio Secretary of State Frank LaRose’s website is here, with multiple ways to let him know what you think.

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Venezuela tops the list: socialism on display

Monica Showalter at American Thinker reports:

It's no surprise to anyone that socialist Venezuela is an utterly miserable place - there's pictures showing that the capital of Caracas looks like a trash heap, there's the fact that hungry people eat from garbage trucks and drink sewer water, and there's the horrible reality that people are leaving  the country may see a full half of its population flee for any country that will take them.

But there are a lot of crappy places out there and maybe it's just bad press focusing on a few things, right?

Wrong. The sheer awfulness of socialism in Venezuela has been quantified, in hard numbers, by Johns Hopkins University Professor of Economics, Steve Hanke, whose global list, with hard data such as unemployment, inflation, interest rates, minus the percentage change in GDP per capita, quantifies the factors every year. 

Full article, with chart, is here. 

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