Blog Archive

Tuesday, June 21, 2022

Biden misinformation on cannons and the 2nd amendment.

    WHEN YOU DON'T LIKE THE FACTS, CHANGE THE FACTS AND HISTORY  

CONTINUOUS MISINFORMATION FROM HIGH GOVERNMENT OFFICIALS BREEDS  DISTRUST  


We are continually bombarded by misinformation and often outright lies. This is not limited to the internet or fringe websites, but it a fact of everyday political discourse. It is perpetrated by high government officials and attempted to be reinforced by the media. It can be assumed they believe that it will be accepted as fact by the majority of the citizens. 

Sadly, many citizens are very happy to accept as fact whatever is the consensus of the media or the government. That is why they continue to engage in these practices. It is without a doubt that more and more realize that there is an continuous effort to misstate the facts for political advantage. That is why you hear a growing effort by government and media to censure opposing views and often labeling those who point out their misinformation as misinformation. It is destroying the peoples faith in government and has already severely damaged media credibility. 

Just a little push back on Biden's statement on the Second Amendment and guns and ammunition.

First off, the first 10 Amendments to the Constitution, which is the law for the government, were insisted on by the states and those who understood the tendency of government to become oppressive, if given the opportunity. They all were a limit on government power, not the other way around. The militia was explained in the federalist papers as the whole of the population, not a government institution. The right of the PEOPLE to KEEP and BEAR arms shall not be infringed. Nothing could be more clear or simple. As for WELL REGULATED, regulated is synonymous with well equipped as used in english at that time.

There were no restrictions of who could own a cannon, there were individuals who owned cannons, gatling guns, and much later full auto machine guns. The first real limits on these weapons was the National firearms act of 1934. which required the regulation of full auto machine guns but never outlawed their private ownership which is still in effect today. Many people still legally own full auto machine guns and other heavy weapons.

Then there is often used bit that citizens should not own weapons of war, all firearms are weapons of war. The colonists had superior weapons to the British in the revolution. The Indians at the Little Big Horn had Winchester repeating rifles while Custer's troops had single shot springfields. Innovation has always come form the private sector. Today there are still many superior weapons owned by private citizens.

Then there is the often misinformation as to types of weapons and ammunition.

handgun ammunition

Biden stated that no one needed a weapon bigger than a 22, that is the one on the far left, mostly used for target practice and small animals like squirrels in hunting. A very deadly round, penetrates most bullet resistant fabric and almost killed President  Reagan and seriously wounded several others.

His statement that a 9MM, second from left, was a powerful weapon that could blow a lung out of chest, is so much bull. This cartridge is a 100 year old European police cartridge, often considered ineffective by police who have upgraded to the .40 SW and the .45, 3rd from left also a 100 year design used in U.S sidearms in WW1 and WW2. There are several others available , the 44 Mag. far right and also many much larger cartridges used in civilian sidearms.


rifle cartridges



Then there is the often made statement that the .223 or 5.56 mm Nato round is a powerful cartridge. This cartridge came into being during the Vietnam war with the idea the it could cut down on the weight of carrying 300 rds of ammo by the infantry. This round, far left is far smaller than the 30-06, second from right, which was the ammo used in WW1 and WW2. it uses a 55 grain solid bullet meant to wound rather than kill, thought to be more inconvenient for the enemy. It is mostly not legal due to its small size for hunting large game such as deer.

The second from left is the round used in all the AK variants, which was the Soviet era round which has also been now downsized.

The most deadly at close range is the 12 ga. shotgun, far right. capable of carrying 15, 32 cal lead balls.

The guns and ammo are all immaterial as to the violence in this country, until society is willing to be harsh on violent offenders with the implementation of the Crime bill of 1994 and taking these offenders out of society, no gun laws will make any difference. They will only likely make criminals of the law-abiding who do not believe they have the authority to implement such laws.





Monday, June 20, 2022

Bitcoin: only Millenials would think this is a good idea.

 WHY WOULD ANYONE STORE THEIR ASSETS IN THE CLOUD?

WE HAVE ALL WITNESSED CLOUDS DISAPPEARING


Only Millennials would accept storing their hard earned wealth in cyber space where it could disappear in an instant. I believe many millennials are smart and do have a view of the future, but they obviously have a very limited understanding of history. The history of money, and what it is supposed to be. The history of governments ability to debase and devalue money and implement policies to benefit government over citizens.

Recently bitcoin has traded at over $37,000. It began at 30 cents in 2011. Many believe its value is unlimited, because it is a fixed limited supply. This is reminiscent of Tulip Mania in Holland in the 1830's  and the Pine lumber bubble in early America and the more recent bubble in silver prices in 1980's. These are commodity bubbles and after their collapse at least you still owned tulip bulbs, pine boards and silver, while the value was dramatically lower, you still had something.  I don't know if you can classify Bitcoin as a commodity, it is sold as a currency.

I  suppose we have been conditioned to put our faith in intangible things. Money up until the late 20th. century was always gold or silver. Our paper money, up until the 1970,s was a receipt for a certain weight of gold and silver. Our coins up until 1964 were silver. Now our paper money only has value because people will exchange goods and services for it. It has no real value in itself. It is continually losing its buying power due to government budget deficits and unlimited supply of so called money.

We often hear the term when reminiscing about what things were worth years ago as increasing in value, but in effect they have not, just the value of money has been debased. This is why many believe bitcoin is a good investment, because it cannot be debased by government action. The problem is you cannot put it under the mattress and it is probably the most vulnerable asset ever created. Does anyone believe that governments around the world will allow transactions to occur that are not taxed, regulated and controlled by them? Government regulation can and will likely sentence bitcoin and other digital currencies to disappear into thin air.

They will likely actually replace these digital curriens with their own, controlled, taxed and regulated by governments around the world. It is their perfect dream. They will be able to fine, tax and confiscate without any restraint. Have no doubt, I suspect the planning is already in the works. 

When I was a young boy in the 1950's, I spent a lot of time with elderly people in my neighborhood, who relayed stories of the depression. They did not trust banks, they often kept their money hidden somewhere in their house. They saw many peoples money just disappear overnight. They unanimously were deathly afraid of debt. They remember the confiscation by the government of their gold. 

My parents generation, the WW2 generation, did regain their trust in banks and the government but they also were very wary of debt.

My generation, the boomers have embraced debt as the only way of doing business, never counting the interest they have paid over their lifetime, some never actually acquiring a positive net worth.

The present generation has thrown off all restraint and their faith is in the clouds, not anticipating that anything bad can ever happen. Maybe the wariness of earlier generations has pushed off the inevitable day of accounting. Bitcoin is just a symptom of the times.

originally published 2/5/21

Bitcoin and other crypto currencies have recently plunged in value. It is inevitable to eventually be worthless.





Friday, June 17, 2022

Will Big government threats decrease prices?

PRICE CONTROLS AND THREATS TO PROFIT INCENTIVES ALWAYS PRODUCES SHORTAGES

HUMAN ACTION IS NEVER CONSIDERED BY BIG GOVERNMENT SOLUTIONS


The predicted solutions of socialist big government types of price controls is rearing its ugly head. This week Biden signed legislation that will attempt to cut the price of shipping costs by forcing price cuts on international shipping companies. He also has proposed enacting excess profits taxes on oil companies. You can now expect that our energy and shipping problems will now become more acute.

Don't be surprised that you will next see attempts to control prices of food. Again, if that happens you may very well see severe shortages of food. Incentives will produce more cooperation than threats, taxes and authoritarian control. We can only expect worse from this administration, their solutions are always more government and more intimidation and control.

Shippers have their own problems, increase fuel costs, and dead time in ports waiting to load and unload. These ships travel the world and if you attempt to make life more difficult for them in your country, they may just shift their emphasis elsewhere. Then what? More government threats?

As for oil production, refining capacity in the U.S. has been declining due to the explosion of costs and regulation in this country. Much more of the refined products are refined outside the country, which has made products more expensive and if over regulated may just be sold to other countries. Much is made that oil companies have made substantial profits with the ever increasing price of oil, but no one complained when they lost money during the declining price of oil. When prices stabilize their profits will also stabilize. No one mentions their profit to investment ratio, which is minimal compared to most tech companies, but who are considered allies to this administration.

Since the first day of the Biden administration the oil companies have been threatened with an end to the need for fossil fuels. Only foolish management would consider high priced investment in new plants and equipment. 

They have also suffered from discrimination by lenders who were incentivised by the administration to not lend to any fossil fuel companies. you reap what you sow with short sighted policies and reverse incentives to be energy independent.

The intentional policy of phasing out fossil fuels without any substitute has damaged the economic prospects for all western countries. This policy has also made our adversaries view this as an opportunity to take advantage of the situation while we are hoppled with economic inflation and shortages that are likely to become critical in the months ahead.

The mindset of this administration and the democrat party is that more government is always the solution. Get ready for possibly the worst days of this country in the coming months.




 

Thursday, June 16, 2022

It is unlikely Fed will raise rates enough to quell inflation.

 ARE WE ON OUR WAY TO ADOPTING MODERN MONETARY POLICY?

GOAL MAY BE TO CONTROL ECONOMY THROUGH TAXES RATHER THAN INTEREST RATES

Yesterday the Federal Reserve raised interest rates .75 %, this was the biggest interest rate hike since 1994. It is too little to have much effect on inflation, but will have an effect on economic growth. The sad truth is that the Federal Reserve no longer has the option to raise interest rates to control the economy. With a federal debt of $30 Trillion and growing, every interest rate increase, increases the payments by the treasury to service this debt. Of course, they don't all increase at once, but all new debt going forward will be much more expensive than the past.

Keynesian economics, which has been the policy for the last 80 years and especially since the decoupling of the dollar from any restraint by its backing from gold and silver. It was a failed policy then and it will likely be replaced by an even greater threat to everyone's freedom and prosperity in the future. This policy continually devalued the dollars purchasing power ever since its inception. 

The idea was that the economy would be controlled by the raising and lowering of interest rates and the economy could be stimulated by deficit spending. An idea that most politicians found favorable, since they could spend without restraint of a balanced budget, buy votes from different groups and paper over their abuse with a constantly lowering the buying power of the currency. The Federal government has not balanced the budget since 1969.

Originally all money was an asset, this policy made the dollar an instrument of government debt. Many predicted that this trend could not continue indefinitely and it is likely we are now at that time. When you see near zero interest rate for over 12 years you should have seen there is trouble brewing. 

Modern Monetary policy believes debt, budgets etc are relics of the past. The adherents believe that all economic activity should be controlled by government spending and taxes. So, spend as much as possible to keep the economy humming by spending on social programs, infrastructure spending, subsidies to prefered sectors and to keep it under control raise taxes on either everyone or on anyone who should be making what the government considers excess profits. The first act we are likely to see is an excess profits tax levied on oil companies by the Biden administration. They seem to believe they can accomplish this through executive action, we will see.

In, effect Modern Monetary policy is totalitarian government, were the government will control every aspect of the economy, by either subsidising the favored and taxing out of existence the less favored. It is Un American, unconstitutional and will result in the end of this great experiment in liberty and freedom. 




Wednesday, June 15, 2022

It's the policy stupid!

 STOP BLAMING THE GENERALS, THE OIL  COMPANIES, THE IMMUNE CITIZENS, THE PRIVATE SECTOR OR TRUMP

WANT TO SEE WHO IS CAUSING THIS CHAOS, JUST LOOK IN THE MIRROR

 
THIS IS THE MASTER ARCHITECT OF CHAOS


Everyday we hear Biden blame someone for the disaster of the day. Yesterday he blamed the private sector for the distribution problems. How about the rules and regulations that have forced many independent Truckers out of business, everything from log books and restrictions on driving. How about increased tolls, bridge fees and other costs levied by Democrat mayors and governors. 

Don't even think about the blaming the border disaster on Trump, he was getting things done on border security. 

Energy high prices and soon shortages, your new policies are directly to blame. Don't deny it.

Covid chaos, where is the study that verifies those who have had covid have immunity, just as good as a vaccination. 2 years, no research, no study, no conclusions. Possibly 100,000 subjects to be surveyed. No effort, no discussion.

Why is it that those who have had covid can donate blood to manufacture Monoclonal antibodies that can save the lives of covid patients, but yet you want to deny these same people employment and a way of life if they don't submit to your mandates.

Also, you are going to fire medical personnel and police who worked through covid, taking care of the sick, putting their lives at risk, most who have already contracted covid and are now immune. This is a political policy, without scientific basis.

Your withdrawal policy in Afghanistan was you and your staffs plan, don't blame the general's.

For years, educators have encouraged parents to be involved in their children's education, now if they question the infiltration of the schools with marxist  propaganda they are threatened to be charged as terrorists.  At least you have admitted that  is YOUR policy.

One can only surmise that the goal of this president and his staff is the destruction of the country. Can anyone name one thing that is better under this president?


Originally published 10,15,2021
 

Tuesday, June 14, 2022

What! U.S. government now encourages fertilizer purchases from Russia.

FERTILIZER AND GRAIN PURCHASES NOW EXEMPT FROM SANCTIONS

WHAT WILL BE NEXT?



It was reported yesterday that the U.S. government is now encouraging business and farm supply companies to purchase fertilizer from Russia. Many were wary of making such purchases for fear of going afoul of sanctions. The government found it necessary to assure those companies that they had the approval of the Government. It seems this also includes grain shipments from Russia.

The grain of Russia and the Ukraine have not been getting to market, due to the conflict in Ukraine. Ukraine has mined the port of Odessa, the only remaining Black sea port under Ukraine control. Many feared to purchase grain and fertilizer that originated from ports controlled by Russia, this was all made clear yesterday. It seems that there are negotiations going on between Russia and the U.N. in an attempt to guard against major food shortages this fall.

It also appears that the Black sea ports will not be under Ukraine control any time soon as Russia has been able to consolidate its gains and the hopes of pushing Russia out of Ukraine are diminishing by the day. This relaxing of sanctions on these items may be just the beginning, as four months of sanctions have not brought Russia to its knees as expected. Will EU countries soon feel they need Russian energy to be available in the fall. So far, Russia has not curtailed shipments to Europe as long as they are willing to pay in rubles. I suspect that grain and fertilizer will also be paid for in rubles.

former Mcdonald's in Moscow

It should also be noted that the 800 former McDonald's restaurants in Russia have now reopened with a new logo, and a new Russian owner. While we are repeatedly are told that the Russian's are suffering greatly from the sanctions and the exodus of western countries from the country, it appears that Russia is adapting to their new place in the world.

This week the average gas price in Russia was $2.10 a gallon.

One must wonder if sanctions are an effective way of deterring bad behaviour, so far it seems that they have never worked anywhere, not in Iran, North Korea, Venezuela or Cuba. It seems most countries can survive without having relations with the bigger countries in the world. This probably is especially true of places like Russia and China, who have the resources to be independent of other nations.







Monday, June 13, 2022

Jan, 6, "Hearing" Is not a Hearing

JAN. 6, HEARING IS A ONE SIDED POLITICAL INFOMERCIAL

A "HEARING" WOULD HAVE WITNESSES FOR THE DEFENSE



The Jan.6 hearings are a gigantic political and hollywood production without any opportunity for witnesses to bring evidence contrary to the assumptions portrayed by this biased partisan committee.

There is no ability to bring opposing evidence into view. There is no cross examination of witnesses.

Pelosi only allowed Republicans on the committee who embraced her narrative and only 2 could be found. One is Liz Chaney whose family 's idea of foreign policy was contradicted by Trump and is hoping to preserve the family legacy.

All republicans who were put forth as members of the committee were rejected by Pelosi. She is in fact acting like a judge. She is not a judge.

This committee was assembled contrary to many rules of the House.

Much of the testimony and videos are not in context and often edited. Thousands of witnesses and hundreds of hours of video and we only see what this committee wants us to see.

There is no mention of Pelosi or the Mayor of DC who were instrumental in the preparations for the security for this rally. No mention of Trump and others recommending 10,000 to 20,000 national guard to be on hand, which was rejected by Pelosi and the DC Mayor.

It is an intentional and contriverd effort to damage Donald Trump, not to examine the true facts around this rally that became a riot.

It is in fact an illegitimate committee, not in the spirit of the legal system of this country and a disgrace heaped upon the other disgraces brought by the democrats, the media and government agencies.

They themselves are the true danger to democracy.