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[Healthcare] The Great NHS Privatisation Quiz

The citations below are (with one exception) all from major national newspapers or magazines (such as the Guardian/Observer, the Independent or the New Statesman). Time-specific references have been removed. Can you guess which year each quote is from? The answers will be provided tomorrow.   “These proposals smooth the way for the privatisation of the NHS.” … Continue reading "The Great NHS Privatisation Quiz"

The post The Great NHS Privatisation Quiz appeared first on Institute of Economic Affairs.

Published:11/26/2021 8:24:23 AM
[America] Being thankful in 2021

The last 22 months have been tough for America but there’s still much for which to be thankful. I don’t need to tell any of you about the parade of horrible the last 22 months have brought us. You’ve lived through deaths and illness, lockdowns, masks, a massively fraudulent election,

The post Being thankful in 2021 appeared first on Bookworm Room.

Published:11/26/2021 8:24:23 AM
[Politics] What Will the Critics of American Justice Say Now? The courthouse at Glynn County, Georgia While the jury was out and the fate of Kyle Rittenhouse was in the balance, we happened to be sitting in a barber chair in Maine. The television news was carrying a report on the trial, and we asked the lady who was barbering what she thought. "Not guilty!" she exclaimed. Before we could express our agreement with her, she added, "But the three in Georgia guilty, guilty, guilty." She turned out to be spot on, of course, a reminder of the common sense... Published:11/26/2021 8:24:23 AM
[2021 News] Solomon Islanders defied COVID lockdown to burn down Parliament in demonstration agains increasing Chinese Influence.

Solomon Islanders defied COVID lockdown to burn down Parliament in demonstration against increasing Chinese Influence. The petty tyrants leave people no choice. Chinese influence is increasing in Palau, too. Breaking: Solomon Islanders defied COVID lockdown to burn down Parliament in demonstration against increasing Chinese influence. Australia has sent “peacekeeping troops” to Solomon Islands—a sovereign country—in […]

The post Solomon Islanders defied COVID lockdown to burn down Parliament in demonstration agains increasing Chinese Influence. appeared first on IHTM.

Published:11/26/2021 8:24:23 AM
[World] Don't let the supply chain Grinch get you down

Americans looking to fill their holiday season with meaningful gifts may instead find themselves left with a bag of leftover Halloween candy as supply chain challenges continue to wreak havoc on the retail industry.

Some popular presents are in short supply, while shipping delays are widespread and openly expected throughout ... Published:11/26/2021 8:24:23 AM

[World] How to Destroy a Democracy

There's more to our form of government than just the right to vote; without virtue in the people and their rulers, a democracy becomes a mob.

The post How to Destroy a Democracy appeared first on The American Conservative.

Published:11/26/2021 8:24:23 AM
[AAPL] Tracking Jeremy Grantham's GMO Capital Portfolio - Q3 2021 Update Published:11/26/2021 8:24:23 AM
[Society] 27 Books That Would Make a Great Gift This Christmas

Over the course of 2021, my Daily Signal colleagues and I had the opportunity to interview many talented authors with incredible stories. We’ve enjoyed featuring... Read More

The post 27 Books That Would Make a Great Gift This Christmas appeared first on The Daily Signal.

Published:11/26/2021 8:24:23 AM
[] 'Tell us you're a racist elitist without saying you're a racist elitist': Ana Navarro DRAGGED for tweeting racist AF meme on Thanksgiving Published:11/26/2021 8:24:23 AM
[Culture] Cool Ghost

It isn't quite right to say that Dean Martin is forgotten, but it's certainly true that few Americans under the age of 50 have any notion of how big a star he was at the height of his career. His decade-long comedic partnership with Jerry Lewis made Martin a household name—they appeared together in 16 movies and a hit TV series—and after Martin grew tired of Lewis's self-aggrandizing behavior and broke up the act, he went on to play challenging dramatic roles in such films as Howard Hawks's Rio Bravo (holding his own opposite no less a titan of the screen than John Wayne), become a hugely successful pop singer, and host a TV variety show that was comparably successful throughout most of its nine-year run.

The post Cool Ghost appeared first on Washington Free Beacon.

Published:11/26/2021 8:24:23 AM
[Political Cartoons] The First Turkey

by Michael Ramirez -

See more Ramirez toons HERE.

The First Turkey is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/26/2021 8:24:23 AM
[Volokh Conspiracy] [Josh Blackman] Today in Supreme Court History: November 26, 1829 11/26/1829: Justice Bushrod Washington dies. He was President George Washington's nephew. Published:11/26/2021 8:24:23 AM
[topics:places/liverpool] Four teenagers arrested on suspicion of murdering 12-year-old girl in Liverpool Published:11/26/2021 8:24:23 AM
[Politics] Column: Socking Trump's enablers where it counts — in their wallets

A Colorado judge affixes a price to spreading the former president's 'Big Lie.'

Published:11/26/2021 8:24:23 AM
[Entertainment] 6 stunning spots that make a great backdrop for a family photo These parks and murals make for beautiful settings for photos. Published:11/26/2021 8:24:22 AM
[] The Morning Report - 11/26/21 Good morning, kids. Hope you all tryptophan'd the light fantastic yesterday. It's Black Friday, and considering what's been happening this past week, the double- and triple-entendres abound. It is now absolutely crystal clear that Darrell Brooks intentionally committed an... Published:11/26/2021 8:24:22 AM
[Culture of Corruption] The Week in Radical Leftism, 11/26/21

Welcome back to Day 311 of the President I Did That* occupation. The header image in this post is a pic I took when I was fueling up the other day here in Deep Blue Northern Virginia. I like how it looks like someone tried to scrape away the first sticker. On to the post […]

The post The Week in Radical Leftism, 11/26/21 appeared first on Flopping Aces.

Published:11/26/2021 8:24:22 AM
[Left Column] CNN: ‘Arctic Ocean began warming in 1900, decades earlier than previously thought’ – Reveals ‘worrisome’ ‘flaws’ in climate models

CNN: The Arctic Ocean has been warming since the onset of the 20th century, decades earlier than instrument observations would suggest, according to new research. The study, published Wednesday in the journal Science Advances, found that the expansion of warm Atlantic Ocean water flowing into the Arctic, a phenomenon known as "Atlantification," has caused Arctic water temperature in the region studied to increase by around 2 degrees Celsius since 1900.

Francesco Muschitiello, an author on the study and assistant professor of geography at the University of Cambridge, said the findings were worrisome because the early warming suggests there might be a flaw in the models scientists use to predict how the climate will change. "The reconstructions suggest a substantial increase in the Atlantic Ocean heat and salt transport into the Nordic Sea at the beginning of the 20th century, which is not well simulated by (climate models)," Rong Zhang, a senior scientist at NOAA's Geophysical Fluid Dynamics Laboratory, who was not involved with the study, told CNN. "It's important to understand the cause of this rapid Atlantification, as well as the discrepancies between the model simulations and the reconstructions."
#
Scott Adams: "Fake News Play of the Year: CNN posts an article that debunks human-caused climate change (or at least the models), so they do it on Thanksgiving so no one notices and give it a misleading framing to conceal it."
Published:11/26/2021 8:24:22 AM
[Entertainment] 15 Uplifting Stories to Fill You With Gratitude All Thanksgiving Weekend Christiana Guillen, Feel GoodIt's time for a giant helping of goodness! The turkey's been carved and the pie has been sliced, meaning Thanksgiving has come and gone. But with the holiday season just kicking...
Published:11/26/2021 8:24:22 AM
[Quick Takes] Colleges Grappling With Lower Enrollment Post-Pandemic

“In the last 50 years, we’ve seen nothing close to the steep decline in enrollments over the last two years”

The post Colleges Grappling With Lower Enrollment Post-Pandemic first appeared on Le·gal In·sur·rec·tion.
Published:11/26/2021 8:24:22 AM
[Andrew Cuomo] The Cuomo way to wealth (Scott Johnson) Disgraced New York Governor Andrew Cuomo hasn’t been much in the news lately. You may accordingly have missed the release of the state Assembly report on some of Cuomo’s misconduct in office. It is the subject of Michael Goodwin’s New York Post column “No end to how low Andrew Cuomo will go.” Referring to the report’s findings, Goodwin notes: Key among those is showing how Cuomo overruled Department of Health Published:11/26/2021 8:24:22 AM
[Markets] What are U.S. market trading hours on Black Friday? What are U.S. market trading hours on Black Friday? Published:11/26/2021 8:24:22 AM
[Markets] : American families throw out $1,500 in uneaten groceries every year as food insecurity worsens — here’s how to reduce waste this Thanksgiving Between Thanksgiving and New Year’s, 25% more trash, including wasted food, is produced than during the rest of the year.
Published:11/26/2021 8:24:22 AM
[Markets] Dow Jones Futures Dive 800 Points On New Covid Variant Fears; Lucid, Rivian, Tesla Fall Dow Jones futures dived 800 points Friday morning on new Covid variant fears. EV stocks Rivian and Tesla were set to open sharply lower. Published:11/26/2021 8:24:22 AM
[Markets] A Scared Nu World: Here's What We Know About The New COVID Strain A Scared Nu World: Here's What We Know About The New COVID Strain

Summarizing of our post from last might (which we urge everyone to read) for those who are just now waking up to the global chaos resulting from the B.1.1.529 variant, which later today is expected to be named with the Greek letter Nu, here is what we know, courtesy of Newsquawk, Credit Suisse and Citi.

Background

  • Regarded as the most heavily mutated variant of the Coronavirus, thus far, as it has 32 mutations in the spike protein and 50 overall. More specifically, scientists have highlighted that there are 10 mutations vs 2 in the Delta variant regarding the receptor binding domain, which is the portion of the virus that makes initial contact with cells.

  • The Nu variant was identified 5 days ago initially in Botswana with subsequent confirmation and sequencing in South Africa with about 100 confirmed cases. Cases have been detected in Israel and Hong Kong and as of this morning, in Belgium.

  • Sequencing data suggests 8.1.1.529 has a different evolutionary pathway, but shares a few common mutations with the C.1.2, Beta and Delta variants.

  • That said, as we cautioned last night, a significant number of mutations may not necessarily be a ‘negative’ as it is dependent on how these mutations function, which scientists are yet to establish. Then again, since it is the job of science to fearmonger so that Pfizer can buy an even bigger yacht, assume it will be "very very horrifying" until proven innocuous.

Is it more deadly

  • It is currently too early to determine if the new variant has higher mortality than previous variants. Reported cases only started rising in South Africa on 19 November, so any impact on hospitalizations and COVID-related deaths will not have yet emerged.

Testing and Detectability

  • Tulio de Oliveria, the Director of the Centre for Epidemic Response & innovation (CERI), South Africa, has written that the variant can be detected by a normal PCR test and as such it will be "easy for the world to track it". It wasn't immediately clear if this is one of those "excess false positive PCR tests" but it's safe to assume for now that it is.

  • According to Credit Suisse, "one silver lining may come in the ease of identifying this variant via qPCR tests. B.1.1.529 has a deletion within the s-gene which can be identified easily via widely-used PCR tests. More complex sequencing analysis is needed to differentiate the delta variant. This will help track the spread of B.1.1.529, both within Southern Africa and across the globe."

Transmission

  • Oliveria, explains that the new variant is spreading very quickly, in under two-weeks it is now dominating all infections in South Africa following the Delta waves domination – writing that it the variant is “now at 75% of last genomes and soon to reach 100%”.

  • Additionally, the virus contains mutations that have been seen in other variants and appear to make transmission easier.

  • Outside of Africa, two cases have been reported in Hong Kong, one from a traveller from the region and another who was quarantining in the adjacent hotel room. Most recently, a case has been reported in Israel.

  • In response to this, the UK has placed much of southern Africa on the red list, with Israel India, Japan and Singapore also taking similar measures. Additionally, EU Commission President von der Leyen is to propose activation of the emergency air brake, to halt travel from southern Africa.

Vaccines

  • It is too early to accurately determine the vaccine response to the new variant. However, the significant number of variants increase the likelihood that current vaccines, which were designed with the original COVID-19 strain in mind, may be less effective.

  • Known variants include those that make it more challenging for antibodies to recognise their presence.

  • Laboratory testing is already underway according to the South Africa National Institute for Communicable Diseases Initial thoughts from the institute are that partial immune escape is likely, a view that seems possible given the numerous mutations in comparison to the sequence that existing vaccines were designed against. The first view on this to be from in vitro immunogenicity test or perhaps from computer modelling of the sequence. Credit Suisse estimates initial lab data could take less than 1 week to generate given the sequence is already known and work is already ongoing.

New Vaccine Would be Available in 100 days

  • According to Pfizer, if a vaccine-escape variant emerges, the company expects to develop, produce a tailor-made vaccine against that variant in 100 days.

Impact of efficacy of existing drugs antibodies is unknown.

  • There have been significant advances in treatment of COVID since it emerged in the disease waves of 2020: the use of widely-available steroids, and anti-inflammatory drugs, such as Roche's Actemra have significantly improved survival outcomes.

  • More recently, antibody therapies targeting COVID (LLY, REGN/Roche, AZN) have significantly improved outcomes against COVID variants to date. It will need to be seen if their efficacy is equal against the new B1.1.529 variant.

  • Lastly the recent positive data from oral anti-viral agents (PFE, MRK/Ridgeback) may also have the potential to slow the spread of any new waves of COVID. The effectiveness of these treatments against new variants of concern will need to be tested, but lab results should be expected relatively quickly. In-human studies should also yield results relatively quickly if they are run in areas where the prevalence of 8.1.1.529 is high.

What's next

  • According to Citi, concern over Nu needs to be balanced against the failure of other concerning variants such as Beta (also first identified in Africa) to out-compete delta.

  • The next two weeks will be critical to: (i) determine whether Nu outcompetes delta in high delta prevalence countries (2-3 weeks), (ii) engineered pseudoviruses for Nu to determine neutralization by serum of vaccination and previously infected patients (2-4 weeks), and (iii) real world data to determine rates of hospitalisation and death (c. 6-8 weeks). The implementation of travel restrictions and public health measures may push back some of the above timeline estimates. Novel oral anti-virals should retain activity against Nu but resistance may emerge with time.

Tyler Durden Fri, 11/26/2021 - 09:20
Published:11/26/2021 8:24:22 AM
[World] The Moneyist: I’m a proud, unvaccinated Trump supporter. Two of my siblings have not spoken to me in a decade. Should I cut them out of my $7 million estate? 'I think it is pathetic to isolate a family member for those reasons, but that is a choice they have made.'
Published:11/26/2021 8:24:22 AM
[History] Black Lies Matter, by Michelle Malkin I dare you to look, with a clear and unfiltered lens, at the bloody nightmare we once called the United States of America. Connect the dots. Contemplate the utter chaos in every major city while Black Lives Matter militants, academics and bureaucrats prattle on about "systemic racism" and "two-tiered justice." It's about much more than...
Published:11/25/2021 3:23:17 AM
[Energy and Environment] The case against Britain’s Soviet-style 5-year socket plan

Another day, another brilliant wheeze for nudging the country towards ‘net zero’, the Canute-like plan of the British political establishment to direct the global atmosphere to do their bidding by controlling the choices of 0.9% of the world’s population. This time there will be a national plan for sockets. The insufficiently switched-on British masses are … Continue reading "The case against Britain’s Soviet-style 5-year socket plan"

The post The case against Britain’s Soviet-style 5-year socket plan appeared first on Institute of Economic Affairs.

Published:11/25/2021 3:23:17 AM
[Comedy] Hailee Steinfeld of ‘Hawkeye’ could become the next big star of the Marvel universe Hailee Steinfeld discusses her role in the new Marvel Studios “Hawkeye” series on Disney Plus — and how the color purple took over her life. Published:11/25/2021 3:23:17 AM
[Politics] In Face of Surging Gas Prices Under Biden, DeSantis Proposes Tax Pause Published:11/25/2021 3:23:17 AM
[Politics & Ideas] A Simple Truth About the Democrats’ ‘Broken Brand’
Declare victory and retreat.
View Post
Published:11/25/2021 3:23:17 AM
[Politics] Arizona Cardinals JJ Watt offers to cover the funeral costs for Waukesha Christmas parade victims NFL football star JJ Watt offers to cover the funeral costs for Waukesha Christmas parade victims, according to Cory Jennerjohn: Just now seeing what happened at the holiday parade back home in . . . Published:11/25/2021 3:23:17 AM
[World] Thanks for giving

For some, this Thanksgiving - like last year -- is a more difficult occasion than previous ones. Perhaps a loved one has died from COVID-19, or you feel isolated from relatives and friends due to lockdowns, quarantines, travel restrictions, vaccinations (or not), masks and "distancing" and might think you have ... Published:11/25/2021 3:23:17 AM

[Uncategorized] President Lite Kamala and Jill Rumble in the Jungle!

A picture is definately worth a thousand words and this drama scene of Kamala and Jill Biden “hugging it out,” speak volumes about their genuine dislike for each other.  You can almost feel the hostility radiating from the picture and burning your retinas.  Jill looks like she is going to head butt Kamala into next […]

The post President Lite Kamala and Jill Rumble in the Jungle! appeared first on Flopping Aces.

Published:11/25/2021 3:23:17 AM
[Free Market Environmentalism] [Jonathan H. Adler] Richard Stroup, RIP One of pioneers of free-market environmentalism has passed. Published:11/25/2021 3:23:17 AM
[Politics] Communist China Gets the Fantods Over a Summit for Democracy President Biden's upcoming Summit for Democracy is shaping up as quite a shindig, we gather from Communist China's nigh nervous breakdown over the event. It was triggered by the State Department's list of 111 invited countries with whom Mr. Biden will meet virtually next month. Among the countries on the list, tucked in between Switzerland and ​​Timor-Leste, is Taiwan. Good for Mr. Biden, we say. The upcoming "flagship presidential initiative" hopes to spur a "Year of Action" to... Published:11/25/2021 3:23:17 AM
[Law] Ahmaud Arbery’s Dad Says ‘All Lives Matter’ in Reaction to Verdicts

Ahmaud Arbery’s father reacted to the guilty verdict of the three men involved in his son’s murder Wednesday, proclaiming “all lives matter.” “For real, all... Read More

The post Ahmaud Arbery’s Dad Says ‘All Lives Matter’ in Reaction to Verdicts appeared first on The Daily Signal.

Published:11/25/2021 3:23:17 AM
[] Happy Thanksgiving! 14 Things Conservatives Can Be Grateful For Published:11/25/2021 3:23:17 AM
[Uncategorized] New York City Council Moving to Allow 800,000 Non-Citizens to Vote in Local Elections

"provided they are green card holders or have the right to work in the United States"

The post New York City Council Moving to Allow 800,000 Non-Citizens to Vote in Local Elections first appeared on Le·gal In·sur·rec·tion.
Published:11/25/2021 3:23:17 AM
[Biden Administration] Comrade Down: Senate Forces Biden to Dump OCC Nominee, Lenin Scholar

Five Senate Democrats told the White House late Wednesday they will not support Lenin scholarship recipient Saule Omarova to serve as Comptroller of the Currency, nuking her chances to serve as the country’s bank regulator. The Democrats—Sens. Jon Tester (D., Mont.), Kyrsten Sinema (D., Ariz.), Mark Kelly (D., Ariz.), Mark Warner (D., Va.), and John […]

The post Comrade Down: Senate Forces Biden to Dump OCC Nominee, Lenin Scholar appeared first on Washington Free Beacon.

Published:11/25/2021 3:23:17 AM
[2020 Presidential Election] Trump’s litmus test (Paul Mirengoff) Yesterday, I observed that Sen. Mark Kelly is “underwater” in Arizona. Polls show that more Arizonans disapprove of his performance in the Senate than approve of it. And Kelly is up for reelection (or defeat) in less than a year. In passing, I noted that early polling among Republicans puts Arizona Attorney General Mark Brnovich well out in front of other GOP Senate hopefuls in the state. He is the Published:11/25/2021 3:23:17 AM
[Middle Column] Business Insider mag: ‘Electric vehicles won’t save us — we need to get rid of cars completely’

Paris Marx writing in Business Insider: "Making transit available within a 10-minute walk of people's homes would not only encourage its use and create tens of millions of jobs, but could begin to transform our relationship to mobility. ... There was a moment during the pandemic where it felt that change was not only possible, but was happening in front of our very eyes. Streets were closed to vehicles so people had space to move, and temporary bike lanes were thrown up to encourage cycling. ...

We should seize this opportunity to challenge the past century of auto-oriented planning and emphasize walking, cycling, and transit use over driving. Not only would people's quality of life improve, but if we're serious about taking on the climate crisis, we need to significantly reduce the number of cars and SUVs on the road — regardless of what powers them."

#

You Were Warned!

Flashback: Dem presidential candidate Andrew Yang: Climate Change May Require Elimination of Car Ownership – Suggests ‘constant roving fleet of electric cars’– “We might not own our own cars.”

UK funded 2019 report ‘Absolute Zero’ urged climate lockdowns: ‘Stop flying…no new roads, airport closures…stop eating beef & lamb…stop doing anything that causes emissions’ – Regulate CO2 similar to ‘asbestos’

Published:11/25/2021 3:23:17 AM
[World] Our National Sabbath

Thanksgiving is holy, but it is also natural—it flows from who we are, as created, worshipful beings.

The post Our National Sabbath appeared first on The American Conservative.

Published:11/25/2021 3:23:17 AM
[Markets] Financial Crime: Former head of charity for sorority that counted Aretha Franklin, Betty Shabazz as members sentenced for embezzlement Prosecutors say Jeanine Arnett and her husband used $228K of the charity’s funds to pay for rental cars, clothes shopping sprees and Amazon.com bills.
Published:11/25/2021 3:23:17 AM
[Entertainment] What to watch on Thursday: ‘The Magic Maker’ on ABC Thursday, November 25, 2021 | “Gossip Girl” returns on HBO Max Published:11/25/2021 3:23:17 AM
[America] Happy Thanksgiving All

From Ms BWR and Wolf, have a Happy Capitalist Thanksgiving

The post Happy Thanksgiving All appeared first on Bookworm Room.

Published:11/25/2021 3:23:17 AM
[Markets] Germany GDP downwardly revised to 1.7% in third quarter, misses forecasts Germany GDP downwardly revised to 1.7% in third quarter, misses forecasts Published:11/25/2021 3:23:17 AM
[ADA-USD] Bitcoin Outlook 2022: Crypto Bulls Should Be Thankful For Any Selloff Published:11/25/2021 3:23:17 AM
[Entertainment] Ranking the Friends Thanksgiving Episodes from Worst to Best Matt Le Blanc, Jennifer Aniston, FriendsHop in a BarcaLounger, grab a Nestlé Toulouse cookie and settle in, because we're taking a closer look at the Friends Thanksgiving episodes. Even though Friends has been off the...
Published:11/25/2021 3:23:17 AM
[Markets] European markets rise as COVID wave knocks German consumer confidence The gains came despite the GfK barometer showing consumer confidence in Germany tumbled to -1.6 for December, down 2.6 points from the previous month. Published:11/25/2021 3:23:17 AM
[Markets] UN Says Yemen War Death Toll Will Reach 377,000 By End Of 2021 UN Says Yemen War Death Toll Will Reach 377,000 By End Of 2021

Authored by Dave DeCamp via AntiWar.com,

A UN agency published a report Tuesday that estimates the war in Yemen will have killed 377,000 people by the end of 2021.

The report from the UN Development Program (UNDP) found that direct violence will have killed over 150,000 people while preventable disease and starvation caused by the US-backed Saudi-led siege on the country accounts for about 60 percent of the death toll.

Image via The Guardian

As always is the case, children are suffering the most from the war. "In 2021, a Yemeni child under the age of five dies every nine minutes because of the conflict," the UNDP said. The report estimates 70 percent of those killed would be children under five. Looking further in the future, the report says if the war continues through 2031, it will claim 1.3 million lives.

Last year, the UN estimated that the war claimed the lives of 233,000 people by the end of 2020. As high as these death tolls are, the estimate is likely on the lower end, and the actual number of Yemenis that have starved to death since the Saudi-led coalition intervened is not known.

In February, other UN agencies warned that if conditions didn’t change in Yemen, 400,000 children under the age of five would starve to death this year alone. Those conditions haven’t changed, the war continues, and the blockade is still being enforced.

Over the past few months, fighting has been raging around the city of Maarib, the last significant piece of territory held by Saudi-backed forces that the Houthis are advancing on. Since mid-June, nearly 15,000 Houthis have been killed in the fighting, mostly by Saudi airstrikes.

Saudi Arabia’s air force is still being maintained by the US despite President Biden’s earlier vow to end support for "offensive" operations in Yemen. Without US support, Saudi warplanes would quickly be grounded, and Riyadh would be forced to negotiate with the Houthis. In a sign of continued support, the Biden administration recently approved a $650 million missile sale for the Saudis.

Tyler Durden Thu, 11/25/2021 - 04:00
Published:11/25/2021 3:23:17 AM
[Opinion] The Democrat Holy Trilogy – Conservative View from New Hampshire

by Ray Cardello -

I need help. I am asked what the Democrat end game is, and I am clueless. Is it transformation or destruction? What is the role of 91-year-old George Soros bankrolling these anti-American Progressives? What kind of future does he see, or does it not matter? What is the Squad hoping …

The Democrat Holy Trilogy – Conservative View from New Hampshire is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/25/2021 3:23:17 AM
[structure:news] EU set to propose a 'nine-month expiry date' on Covid vaccine passports for travel Published:11/25/2021 3:23:17 AM
[] Daily Tech News 25 November 2021 Top Story Slashdot linked to an Axios (spit) story bewailing the failure of the US Senate to approve the nomination of a communist to head up the country's banking regulations. Not ever mentioning that she's a communist. A certain... Published:11/25/2021 3:23:17 AM
[Anti-Americanism] The blood in Waukesha is on the hands of the media, Joe Biden and Kamala Harris

Yesterday 5 people were killed and at least 48 were injured  in Waukesha, Wisconsin, when they were struck by an SUV blowing through a Christmas parade. The suspect is one Darrell Brooks, aka MathBoi Fly.     Brooks has a long criminal record. In a case filed in July 2020, Brooks is accused of getting […]

The post The blood in Waukesha is on the hands of the media, Joe Biden and Kamala Harris appeared first on Flopping Aces.

Published:11/23/2021 10:23:59 PM
[World] Our Unrestrained Attorney General

Merrick Garland has done nothing to show himself to be the moderator of partisanship some hoped he might be.

The post Our Unrestrained Attorney General appeared first on The American Conservative.

Published:11/23/2021 10:23:58 PM
[Activism] Has The Left’s Race War Started?

On 21 Nov. 2021, a black criminal committed a slaughter of innocent white Americans in Waukesha, Wisconsin.  At least one BLM leader thinks this is the start of a black “revolution.”  Is he right?  And why would the progressive left want to hide that? Yesterday, a career black criminal, 39-year-old

The post Has The Left’s Race War Started? appeared first on Bookworm Room.

Published:11/23/2021 10:23:58 PM
[Comedy] How Lin-Manuel Miranda became a go-to songwriter for Disney For his new film "Encanto," Lin-Manuel Miranda was inspired by family, Colombian instruments and the Disney songbook. Published:11/23/2021 10:23:58 PM
[Politics] Column: How George McGovern and a campaign 50 years ago helped poison today's politics

Without the moderating influence of elected leaders, a new podcast says, greater polarization

Published:11/23/2021 10:23:58 PM
[] CDC chief last year: You know whose lockdown worked really well to limit deaths? China's Published:11/23/2021 10:23:58 PM
[T.PA] AT&T Will Replace Time Warner In Its Business Published:11/23/2021 10:23:58 PM
[Right Column] U.S. to release oil from reserves in coordination with other countries to lower gas prices

The U.S. will release 50 million barrels of crude from the Strategic Petroleum Reserve, the White House said Tuesday.

The move is a coordinated effort between energy-consuming nations including China and Japan to combat the rapid rise in energy prices.

Prior to Tuesday’s announcement the Biden Administration repeatedly said that it was looking at the tools at its disposal as prices at the pump hover around a seven-year high.

Published:11/23/2021 10:23:58 PM
[Politics & Ideas] The Democrats’ Incoherent Energy Policy
Strategic ineptitude.
View Post
Published:11/23/2021 10:23:58 PM
[2021 News] Joe Biden faux pas of the day 11.23.2021

Joe Biden faux pas of the day 11.23.2021. This guy’s wacky. Biden reads “end of quote” off the teleprompter pic.twitter.com/G04SMU6ep6 — Jewish Deplorable (@TrumpJew2) November 23, 2021

The post Joe Biden faux pas of the day 11.23.2021 appeared first on IHTM.

Published:11/23/2021 10:23:58 PM
[World] Hydrogen investments may be key to global energy competitiveness for U.S.

As countries tout their net-zero goals to decarbonize economies and mitigate the impacts of climate change, many in government and industry have assessed what meeting such pledges will take, and hydrogen has emerged as a promising energy solution.

Europeans and Japan view hydrogen as an essential tool to attain their ... Published:11/23/2021 10:23:58 PM

[] Psaki Doubles Down on Biden's Rittenhouse Smear Published:11/23/2021 10:23:58 PM
[Markets] Gap stock sinks as results fall short; retailer slashes full-year forecast Gap stock sinks as results fall short; retailer slashes full-year forecast Published:11/23/2021 10:23:58 PM
[National Security] Top Republican Pushes Congressional Witnesses To Disclose Foreign Influence

A top Republican is pushing a bill aimed at curbing foreign influence in Washington.

The post Top Republican Pushes Congressional Witnesses To Disclose Foreign Influence appeared first on Washington Free Beacon.

Published:11/23/2021 10:23:58 PM
[Politics] Norquist Warns Against Democrats’ Socialist Tax-and-Spend Package Published:11/23/2021 10:23:58 PM
[Politics] Biden's Plan To Tap Our Petroleum Reserve Is 'Spitting in the Wind' President Biden spoke today, selling his new idea of putting on the market 50 million barrels of oil from the strategic petroleum reserve. That will cover about three days' worth of oil consumption. Plus, some kind of international consortium of countries is making vague promises and so far producing virtually nothing. It's a terrible idea. Releasing 50 million barrels is like "spitting in the wind." Here's a key sentence in the President's presser today: "The big part of the reason Americans... Published:11/23/2021 10:23:58 PM
[China] Hunter Biden’s Cobalt Deal With China Increases Cost of His Father’s Push for Electric Cars

Presidential son Hunter Biden’s most recent controversy—assisting a Chinese company’s purchase of a large cobalt mine—is linked directly to a top Biden administration policy of... Read More

The post Hunter Biden’s Cobalt Deal With China Increases Cost of His Father’s Push for Electric Cars appeared first on The Daily Signal.

Published:11/23/2021 10:23:58 PM
[In The News] Twin Cities Saw Massive Decline in Restaurant Jobs After Passing Minimum Wage Increase, New Fed Paper Shows

by Jon Miltimore -

St. Paul restaurants and retailers began cutting jobs and reducing hours even before the city’s new minimum wage went into effect in July last year, according to a pair of analyses commissioned by the Federal Reserve Bank of Minneapolis and the University of Minnesota. The research, published Sunday by the …

Twin Cities Saw Massive Decline in Restaurant Jobs After Passing Minimum Wage Increase, New Fed Paper Shows is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/23/2021 10:23:58 PM
[topics:people/duchess-of-cambridge] Duke and Duchess of Cambridge take carol service to ITV after BBC rift Published:11/23/2021 10:23:58 PM
[Home Slider] Post-Truth World – Rittenhouse Case Edition

John Kass: "The media got it wrong the way they’ve gotten other stories wrong, and for the same reasons, from media attacks on innocent Covington, Ky. teenager Nicholas Sandman, or media stubbornly pushing the false “Russia Collusion” narrative that is now completely falling apart."

The post Post-Truth World – Rittenhouse Case Edition first appeared on Le·gal In·sur·rec·tion.
Published:11/23/2021 10:23:58 PM
[Markets] MarketWatch First Take: HP and Dell show PC boom is still going strong, helped by corporate sales The pandemic fueled boom in the personal computer business is continuing unabated, helped by hefty double digit corporate PC sales at both HP Inc. and Dell.
Published:11/23/2021 10:23:58 PM
[Politics] WATCH: Kyle Rittenhouse tells Tucker how he really feels about the prosecution Tucker Carlson aired more of his Kyle Rittenhouse interview tonight where Kyle spoke directly and bluntly about how he feels about the prosecution who brought this case against him: In short, Kyle . . . Published:11/23/2021 10:23:58 PM
[Markets] Dow Jones Futures: These Sectors Lead Market Rotation As Tesla Falls, Software Skids; 3 Stocks In Buy Zones The stock market was mixed Tuesday as energy and financial sectors led. Tesla fell but bounced off lows. Published:11/23/2021 10:23:58 PM
[2022 Election] Poll: Mark Kelly is underwater in Arizona (Paul Mirengoff) In September of this year, Arizona Senator Mark Kelly was viewed favorably by 47 percent of voters in his state, according to a survey by OH Predictive Insights. 43 percent viewed him unfavorably. But now, just two months later, a survey by the same firm finds Kelly underwater. Only 41 percent view him favorably, while 48 percent hold the opposite view. Numbers like the ones in the latest poll usually Published:11/23/2021 10:23:58 PM
[Vaping] [Jonathan H. Adler] Vaping in the Shadow Docket An electronic cigarette manufacturer seeks a stay of FDA action from the Supreme Court. Published:11/23/2021 10:23:58 PM
[Entertainment] Steve Burton Says He Was "Let Go" From General Hospital Over Vaccine Mandate Steve Burton, General HospitalSteve Burton said he was fired from General Hospital over the show's vaccine requirement. The actor, who has played Jason Morgan off and on for nearly 30 years, spoke out on...
Published:11/23/2021 10:23:58 PM
[Entertainment] Robert Bly, towering American poet, dies at 94 He distilled the passions of the antiwar movement into poetry during the Vietnam War and later, with his bestselling book "Iron John," awakened a movement of men in search of deeper masculinity. Published:11/23/2021 10:23:58 PM
[] Overnight Open Thread [11/23/2021] Happy families are all alike; every unhappy family is unhappy in its own way -- Leo Nikolaevitch Tolstoi Fifteen men on a Dead Man's Chest -- Yo-ho-ho, and a bottle of rum!Drink and the devil had done for the... Published:11/23/2021 10:23:58 PM
[Markets] US, Russia Military Chiefs Hold Urgent "Deconfliction" Call As Ukraine Crisis 2.0 Looms US, Russia Military Chiefs Hold Urgent "Deconfliction" Call As Ukraine Crisis 2.0 Looms

The heads of the Russian and United States militaries held a rare and urgent phone call on Tuesday in efforts to deescalate soaring tensions in eastern Europe, with both sides cryptically confirming it was to discuss "current" international security issues. 

Russia's most senior military general, Valery Gerasimov, held the call with US Chairman of the Joint Chiefs of Staff Mark Milley, in which the two top generals talked about "pressing issues of international security". The past days have witnessed heightening rhetoric and threats being exchanged between Moscow and Washington over tensions in Ukraine and Belarus, especially given recent reports from US media over a Russian force build-up and planned "invasion" of eastern Ukraine, reports which the Kremlin has vehemently denied. 

The US side's readout of the call acknowledged it was for the purpose of rapid "de-confliction" between the two superpowers, also coming the same day CNN reported the Biden administration is now mulling additional weapons and military trainers for Ukraine. 

Image via AFP

No additional details or specifics of the military-to-military call were revealed; however, it was without doubt related to a building new Ukraine crisis, following the US allegations of a massive Russian troop build-up near Ukraine for a potential imminent invasion

At the start of this week it was revealed that the Biden administration was reported to have briefed the European partners that Russia on the supposed planned invasion of eastern Ukraine. The Kremlin has been fierce in its response rejecting the accusations, with some thinly-sourced Western reports suggesting as many as 100,000 active duty Russian troops and reservists were being mustered for a major offensive operation. 

A report in US News and World Report that tensions are fast approaching a breaking point, leading to the potential for a 'Ukraine crisis 2.0' amid the tit-for-tat accusations

Through a series of public statements and posts through its state news services, leaders in Russia on Monday presented the unified case that Ukraine was needlessly deploying its military forces to challenge Russia’s sovereignty and its nearby interests, that rising concern in the West of military action by Moscow represents only an attempt by Kyiv to mask its own intentions to do so, that the Western-backed peace process for the conflict in Ukraine is broken and that Kyiv’s allies in Europe and North America are not prepared to back up their pledges of support.

Just prior to the Tuesday military deconfliction phone call between the US and Russia being revealed, on Tuesday Russian Defense Minister Sergey Shoigu said that US nuclear-capable bombers had drastically ramped up their flights across Eastern Europe, close to Russia's border. 

Earlier this month, on Nov.10, Russia had sent its own strong message by flying a pair of Tu-22M3 bombers along Belarus' border with the EU, amid the ongoing migrant crisis standoff between Belarus and Poland. This was combined with verbal warnings from Putin and Kremlin officials that NATO must not cross Russia's "red lines" in Ukraine. 

Tyler Durden Tue, 11/23/2021 - 23:20
Published:11/23/2021 10:23:58 PM
[2021 News] US Navy Shipyard Backs Down from Vaccine Requirement, Issues Huge Offer to Those That Have Already Left

US Navy Shipyard Backs Down from Vaccine Requirement, Issues Huge Offer to Those That Have Already Left. Yet more winning. Stand fast people. A major Virginia ship builder that makes vessels for the U.S. Navy is no longer requiring employees to be vaccinated against the coronavirus. The 25,000 employees at Newport News Shipbuilding had initially […]

The post US Navy Shipyard Backs Down from Vaccine Requirement, Issues Huge Offer to Those That Have Already Left appeared first on IHTM.

Published:11/22/2021 5:23:01 PM
[American Exceptionalism] The End of The Nation State America?

On August 2, 1776, in the hushed silence pervading Independence Hall’s Assembly Room, in Philadelphia, fifty six Congress members signed The Declaration of Independence. Some signed furtively, some with aplomb, like the first signer John Hancock, President of The Continental Congress, but all signed the pivotal parchment with resolve, knowing that appending their signatures would […]

The post The End of The Nation State America? appeared first on Flopping Aces.

Published:11/22/2021 5:23:01 PM
[Healthcare] The Health and Care Bill: nanny statism on steroids

MPs will vote today on the Health and Care Bill. This legislation has much to commend it to Conservative MPs. It is not yet another top-down reorganisation of the health service. Indeed, it is not a reorganisation of the NHS at all. Instead, it is designed to integrate the NHS, social care and local authorities … Continue reading "The Health and Care Bill: nanny statism on steroids"

The post The Health and Care Bill: nanny statism on steroids appeared first on Institute of Economic Affairs.

Published:11/22/2021 5:23:01 PM
[] WaPo: Biden "reassured" Dems that he's running in 2024 Published:11/22/2021 5:23:01 PM
[BABA] Alibaba: Big Investors Are Fleeing Published:11/22/2021 5:23:00 PM
[Podcasts] Trashing the Jury System
Podcast: The Rittenhouse verdict aftermath and Build Back Better.
View Post
Published:11/22/2021 5:23:00 PM
[Politics] Every House Democrat Endorsed by the Chamber of Commerce Voted for the Reconciliation Bill Published:11/22/2021 5:23:00 PM
[structure:news/world-news] Monday evening UK news briefing: Germans 'vaccinated, cured or dead' by winter's end, warns minister Published:11/22/2021 5:23:00 PM
[] 'This rules': George Takei let himself get trolled into making a video calling out 'rightwing conspiracy theorists' like Siraj Hashmi [video] Published:11/22/2021 5:23:00 PM
[] Where Trump Went Wrong Published:11/22/2021 5:23:00 PM
[World] Hungry Holidays

As inflation hits a 31-year high, it is Middle Americans, yet again, who have been hurt the worst.

The post Hungry Holidays appeared first on The American Conservative.

Published:11/22/2021 5:23:00 PM
[Politics] Crypto, Pew Reports, Gains Some Illuminating Fans and Guess Why That Might Be Black Americans are more likely than white Americans to have invested in, traded, or used a cryptocurrency such as Bitcoin or Ether, a Pew poll released this month finds. Among blacks, 18% have experience with cryptocurrency, while among whites, the comparable figure in the survey was 13%. The finding might surprise those who associate cryptocurrency with faces such as the Winklevoss twins or the venture capitalists Andreessen and Horowitz. The black interest in cryptocurrency which is, after... Published:11/22/2021 5:23:00 PM
[World] [Josh Blackman] ABA Tries Again With Legal-Ed Diversity Rule "Concrete actions towards creating an inclusive and equitable environment under Standard 206(a)(3) may include . . . Continuing education for faculty members regarding the effective use of diversity in the classroom." Published:11/22/2021 5:23:00 PM
[Entertainment, Health and Lifestyle] Masculinity In Men Linked To Better Outcomes In Life, Education, Marriage, Study Finds

by Laurel Duggan -

Self-reported masculinity is linked to better outcomes in men’s personal and professional lives, based on a March 2021 Institute for Family Studies survey. Men who reported themselves as more masculine had healthier weights and higher rates of life satisfaction, according to analysis by the IFS. They were more likely to …

Masculinity In Men Linked To Better Outcomes In Life, Education, Marriage, Study Finds is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/22/2021 5:23:00 PM
[Markets] Dow ekes out gain as U.S. stocks end mostly lower Dow ekes out gain as U.S. stocks end mostly lower Published:11/22/2021 5:23:00 PM
[Right Column] Listen: Morano on Sheila Zilinsky’s show discusses climate lockdowns & UN climate summit
Published:11/22/2021 5:23:00 PM
[Politics] Accusations against a California campaign finance watchdog went undisclosed for months

The complaint filed against Catharine Baker, a member of the California Fair Political Practices Commission and former Republican legislator, was filed in April with the agency's enforcement division.

Published:11/22/2021 5:23:00 PM
[Politics] POLICE: Christmas parade attack was intention, but no evidence it was terrorism [VIDEO] The police have said today that the Christmas parade attack by Darrell Brooks Jr. was intentional and happened directly after a domestic disturbance the suspect was involved in. However, police also say . . . Published:11/22/2021 5:23:00 PM
[Uncategorized] Rittenhouse Verdict Has Leftist Rioters Worried: “It fundamentally changed the culture of protest”

Self defense law survived the media/prosecutorial onslaught.

The post Rittenhouse Verdict Has Leftist Rioters Worried: “It fundamentally changed the culture of protest” first appeared on Le·gal In·sur·rec·tion.
Published:11/22/2021 5:23:00 PM
[Entertainment] Three emo bands fight the alienation of the online world by rocking out IRL Glass Beach, Proper and Home is Where performed a sold-out show at Pie Shop in D.C. Published:11/22/2021 5:23:00 PM
[AFFH] Pete Buttigieg’s slush fund, Part Two (Paul Mirengoff) Earlier this month, I wrote about “Pete Buttigieg’s slush fund” — billions of dollars appropriated by the infrastructure bill that, as John Fund reported, allows the Secretary of Transportation to direct funds to combat climate change and “inequities caused by past transportation projects.” I argued that the goal of combatting past transportation inequities — of which, to be sure, there have been some — is a pretext for favoring Democratic Published:11/22/2021 5:23:00 PM
[World] Revisiting Watergate: Inside the first deep state hoax

If Donald Trump hoped to understand what he would face upon moving into the White House in 2017, he would have done well to study what happened to Richard Nixon nearly fifty years prior. 
 
Richard Nixon was a staunch anti-communist who came into office opposed by every D.C.-based institution: ... Published:11/22/2021 5:23:00 PM

[Democrats] Bezos ‘Greases’ Way Into Dem Establishment With $100 Million Obama Donation

Faced with scorn from lawmakers on both sides of the aisle, Amazon billionaire Jeff Bezos appears ready to "grease" his way into the Democratic establishment with a $100 million donation to the Obama Foundation, according to Puck News.

The post Bezos ‘Greases’ Way Into Dem Establishment With $100 Million Obama Donation appeared first on Washington Free Beacon.

Published:11/22/2021 5:23:00 PM
[Law] ‘Logistical Nightmare’: Texas Staffing Company Sues to Stop Biden Vaccine Mandate

A staffing agency that works with job seekers and companies looking to hire is celebrating its 20th year in business while facing the uncertainty of... Read More

The post ‘Logistical Nightmare’: Texas Staffing Company Sues to Stop Biden Vaccine Mandate appeared first on The Daily Signal.

Published:11/22/2021 5:23:00 PM
[Markets] Dow Jones Futures: Stock Market Rally Diverges As Tech Stocks Sell Off; Zoom Slides Despite Earnings Beat Dow Jones futures were little changed late Monday after tech stocks sold off sharply. Zoom earnings beat estimates after the close. Published:11/22/2021 5:23:00 PM
[Entertainment] James Van Der Beek and Wife Kimberly Welcome Baby Boy After Multiple Pregnancy Losses James Van Der Beek The Van Der Beek family is feeling extra thankful this Thanksgiving week. On Monday, Nov. 22, James Van Der Beek, 44, confirmed on Instagram that his wife Kimberly Van Der Beek, 39,...
Published:11/22/2021 5:23:00 PM
[] Homeschooling: Even Better Than You Think (Part 1) [Bluebell] When I was in second grade I saw a photo like this in my textbook, and thought I would never get to see this place in person. I took this photo on our first cross-country trip. My first homeschool... Published:11/22/2021 5:23:00 PM
[Markets] In One Chart: Junk bonds could see more volatility as the Fed starts pulling away its ‘safety blanket’ of monetary support, says Deutsche Bank The roughly $1.6 trillion 'junk bond' market could get more turbulent next year, says Deutsche Bank.
Published:11/22/2021 5:23:00 PM
[Markets] The Benefit Of SARS-CoV-2 Natural Immunity In The Armed Forces The Benefit Of SARS-CoV-2 Natural Immunity In The Armed Forces

Authored by Scott Sturman via RealClearDefense.com,

The risks to soldiers, sailors, and airmen of contracting SARS-CoV-2 affect the readiness of military organizations. The condition of an individual's immune status determines susceptibility to infection and is dependent on one's pre-existing medical condition, the implementation of beneficial prophylactic treatments, and whether protection is conferred by natural immunity or vaccination. Commanders who assess and rationally address the problem will ensure the best possible health outcome for those under their command.

The age of those serving in the military places them in a low-risk category for severe morbidity and death due to Covid. Without accounting for health risk factors, those 18-29 represent 0.56% of all U.S. Covid deaths to date, while those 18-49, a cohort representing most active duty personnel, account for 6.3% of the total. In this healthy patient population, the goal to achieve broad, long-lasting immunity against SARS-CoV-2 can be better achieved by naturally acquired immunity instead of relying on vaccines that require multiple boosters and do not confer sterilizing protection.

Natural immunity is the gold standard of immunology. Exposure and subsequent recovery from a pathogen provide immunity due to antibodies and memory B and T cells. This protection is often lifelong and complete since one's immune system develops antibodies against multiple antigens on the infectious organism. Traditional vaccines using live attenuated or killed inoculums also afford this level of protection. However, mRNA vaccines designed to induce antibodies against a single, highly mutating antigen require frequent booster shots, allow for breakthrough infections, and the ability to infect others.

To date, there are over 100 high-quality studies that demonstrate the superiority or equality of natural immunity compared to vaccine induced immunity. Natural immunity critics point out that long-lasting immunity has not been proven; however, this is a disingenuous argument since persistent immunity has been shown as long as the observations have been conducted. Patients who recovered in 2003 from SARS-CoV-1, a close relative of SARS-CoV-2, remain immune eighteen years later. An article from Nature concluded that those with even mild symptoms due to SARS-CoV-2 will produce antibodies for a lifetime.

The CDC traditionally recognized that patients who have contracted certain diseases do not require vaccination for those diseases. Examples include mumps, measles, rubella, and chickenpox-diseases where there is no benefit to vaccination after illness.  Studies published by the Cleveland Clinic and from Israel describe extremely low reinfection rates in patients who acquired and recovered from SARS- CoV-2.

Pfizer admits that its mRNA vaccine induces antibody titers that wane rapidly after administration, thus requiring multiple boosters. Furthermore, vaccinated patients obtain high viral loads and are as infectious as non vaccinated patients, yet the CDC cannot demonstrate one case when a patient with natural immunity becomes reinfected with SARS-CoV-2 and transmits it to another person. Fully vaccinated countries have the highest incidence of new Covid cases. While protective against hospitalization and death, adverse reactions to mRNA vaccines exceed 850,000, including over 18,000 deaths, as reported in a recent summary of the Vaccine Adverse Event Reporting System (VAERS). The link between vaccine induced myocarditis and young males is widely established, prompting Germany and France to suspend all Moderna vaccinations for those under age 30. Those recovered from naturally acquired disease are more apt to experience side effects if vaccinated.

Black and Hispanic vaccination rates lag behind Whites, yet these minorities die from Covid at numbers out of proportion to their respective vaccination rates. With the high numbers of minorities serving in the armed forces, commanders must be aware of the best medical options to ensure their health and ability to fulfill the mission. Blacks and Hispanics frequently have low serum vitamin D3 levels due to inadequate dietary supplementation or sun generated synthesis. Studies indicate that those who suffer severe symptoms or death from Covid often presented with low levels of serum vitamin D3. Routine supplementation with vitamin D3 prior to contracting Covid has a beneficial effect, particularly in patients at high risk.

Natural induced immunity to SARS-CoV-2 offers a military advantage. Under these circumstances, the Department of Defense has at its disposal a fighting force at low risk for reinfection, protected against the severe effects of new variants, and not in need of endless booster shots. Requiring vaccinations that are potentially harmful and provide little medical benefit adversely affects reenlistment rates and degrades moraleExempting Congress, their staff, and judicial branch of government from mandatory vaccination reeks of hypocrisy, and this double standard is palpable among those who serve. The argument that vaccinating low-risk groups is necessary to protect others is debunked in a recent Lancet study which noted, "fully vaccinated individuals with breakthrough infections have peak viral load similar to unvaccinated cases and can efficiently transmit infection in household settings, including to fully vaccinated contacts."

All members of the armed services should receive SARS-CoV-2 antibody testing, and if positive, be automatically exempted from Covid vaccination. Those who test negative and do not have medical risk factors should be placed on prophylactic vitamin D3 and encouraged to maintain an ideal body weight. There are a number of other widely discussed prophylactic and therapeutic options available, which are inexpensive, protective, and of low risk to patients. Commanders must insist that these alternatives be thoroughly explored, studied, and implemented if proven effective. The welfare of the country depends on those serving in the armed forces, and their health care must be based on non-political, scientifically based policies.

Tyler Durden Mon, 11/22/2021 - 18:20
Published:11/22/2021 5:23:00 PM
[] Did Bill de Blasio inflame the Rittenhouse unrest in New York City? Published:11/21/2021 12:23:18 PM
[World] White House pushes lawless vaccine mandates

White House press secretary Jen Psaki said private businesses with more than 100 employees ought to force their workers to get the coronavirus vaccine or face weekly testing, a la the recently crafted Occupational Safety and Health Administration rule, despite the fact a federal court has just slapped back any ... Published:11/21/2021 12:23:18 PM

[Politics] How To Heal a Nation in 146 Pages or Less: The Gospel of Matthew Dowd

It's not easy being an editor. Sometimes, for example, an author might submit a three-page biography describing himself as "a renowned thought-leader and writer" and "one of the most creative analysts, visionaries, and political strategists of his generation." A good editor might politely insist the author tone it down a bit to avoid coming across as a self-important psychopath. Matthew Dowd's editor evidently did not think it was worth the hassle.

The post How To Heal a Nation in 146 Pages or Less: The Gospel of Matthew Dowd appeared first on Washington Free Beacon.

Published:11/21/2021 12:23:18 PM
[] Clearly self-defense! Video showing little girl's reaction to Biden trying to get too close to her BEST thing you'll watch today (watch) Published:11/21/2021 12:23:18 PM
[Opinion] In the Aftermath of the Rittenhouse Trial, the Activist Left Shows Its True Colors

by Frank Salvato -

The country was braced for an eruption of violent protests and rioting in the many urban areas after the not guilty verdict in the trial of Kyle Rittenhouse. But aside from a full-on show of arrogance from the uninformed social media warriors, the street actions of those who wanted a …

In the Aftermath of the Rittenhouse Trial, the Activist Left Shows Its True Colors is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/21/2021 12:23:18 PM
[Volokh Conspiracy] [Josh Blackman] Today in Supreme Court History: November 21, 1926 11/21/1926: Justice Joseph McKenna died. Published:11/21/2021 12:23:18 PM
[Sunday Funnies] Sunday Funnies

     

The post Sunday Funnies appeared first on Flopping Aces.

Published:11/21/2021 12:23:18 PM
[ACTV] Sentiment Speaks: The Market Does Not Like 'Build Back Better' Published:11/21/2021 12:23:18 PM
[structure:news] Adele persuades Spotify to remove shuffle as default on albums Published:11/21/2021 12:23:18 PM
[Music] Sunday morning coming down (Scott Johnson) Jesse Colin Young turns 80 tomorrow. You may have heard of him as the founding member of the Youngbloods or as a solo artist. I love his work. It has meant a lot to me for a long time. I want to salute him briefly and post a few videos for fun this morning. Jesse struggled over many years with a devastating case of Lyme Disease that went undiagnosed until Published:11/21/2021 12:23:18 PM
[Politics] Latino, Asian American, LGBTQ activists: They want to shape California's congressional maps

Intense jockeying underway as a state panel redraws California's congressional seats

Published:11/21/2021 12:23:18 PM
[2021 News] Hilarious… Rancher confronts Beto… We don’t want you here, get the hell out!

  Hilarious… Rancher confronts Beto… We don’t want you here, get the hell out! It appears Beto is off to a good start with his delusional run for Governor of Texas. This will put a grin on your face.I'm with you brother, Fuck Beto! pic.twitter.com/ugJCF0vr8L — Oak Redhammer (@OakRedhammer) November 21, 2021

The post Hilarious… Rancher confronts Beto… We don’t want you here, get the hell out! appeared first on IHTM.

Published:11/21/2021 12:23:18 PM
[Uncategorized] Biden and Allies Insist He Will Run for Reelection in 2024

"as they take steps to deflect concern about the 79-year-old president’s commitment to another campaign and growing Democratic fears of a coming Republican return to power"

The post Biden and Allies Insist He Will Run for Reelection in 2024 first appeared on Le·gal In·sur·rec·tion.
Published:11/21/2021 12:23:18 PM
[Activism] Now for Part II of the Rittenhouse Saga

Part II means protecting the Second Amendment and attacking head-on the leftist establishment’s escalating lies about Rittenhouse. Phase I of the Rittenhouse saga, his unjustifiable trial for murder, is over. That trial, which was about self-defense and Kyle Rittenhouse’s Second Amendment rights — was decided in a Wisconsin jury room.

The post Now for Part II of the Rittenhouse Saga appeared first on Bookworm Room.

Published:11/21/2021 12:23:18 PM
[Politics] Tiffany Cross calls NOT GUILTY Rittenhouse a ‘little murderous white supremacist’, Mystal trashes ‘GROSS’ WHITE FOLKS Tiffany Cross and Elie Mystal are RacistsThe top purveyor of racial hate and racist rhetoric at MSNBC is Tiffany Cross, and so she likes to bring Elie Mystal on her show. The two of them can take racial . . . Published:11/21/2021 12:23:18 PM
[] America Is safest When The World Thinks We Are Just A Bit Crazy Unpredictability is a tremendous advantage in wartime, as any study of the greatest generals in history will quickly reveal. But is it equally effective as a tool in the geopolitical machinations of sovereign countries? Yes, and President Trump demonstrated that... Published:11/21/2021 12:23:18 PM
[Markets] : Why that ‘free’ supermarket turkey isn’t really free In this year of turkey inflation, food retailers and cellphone companies are rolling out promotions to bag a free bird. But consumers should shop carefully.
Published:11/21/2021 12:23:18 PM
[Entertainment] Pete Davidson Parodies "Walking in Memphis" With Ode to Staten Island on SNL Pete Davidson, SNL, Staten IslandThe King of Staten Island is coming home. While he may have made headlines earlier this week by holding hands with Kim Kardashian, who he recently began dating, Pete Davidson let his...
Published:11/21/2021 12:23:18 PM
[Markets] "When Price No Longer Matters" - How QE Destroyed Price Discovery And The Free Float Of Government Debt "When Price No Longer Matters" - How QE Destroyed Price Discovery And The Free Float Of Government Debt

There is a simple reason why we have been getting increasingly more frequent headlines such as these in recent years: Not a Single Japanese 10-Year Bond Traded Tuesday, How BOJ Crushed Trading in Japan's $10 Trillion Bond Market, Trading in Japanese government bonds is drying up. Does that matter? That reason is that as price indiscriminate central banks soak up increasingly more in Treasury supply from the private sector, the entire price discovery process becomes corrupted to the point where arms-length transactions are no longer required, or even take place, as markets anticipate central banks to set prices without outside intermediation.

And while we have been discussing the growing illiquidity and the decline in Treasury market trading for nearly a decade, others are catching up, and in a recent chart, Deutsche Bank flagged that the share of government debt held by "price sensitive" investors - what the ECB dubbed dubbed the Free Float - has been falling in recent years across major economies and particularly in Germany, where it is now below 10%!

And since QE is set to come back with a furious vengeance once the current period of transitory tightening (see, there is one thing that is truly transitory these days, and that is the period of time that central banks think they can tighten/hike rates/not engage in gross debt monetization, everything else is a joke). ends, below we take a more detailed look at the drivers and potential impact of these dynamics.

For those pressed for time we will generously cut to the punchline: while large FX reserve holdings of Treasuries and Bunds by foreign central banks drive the Free Float in the US and Germany, QE is unsurprisingly the key factor in the declining free float in the other analyzed countries. Yes, for all the Fed's posturing about the broken Treasury market (see "Two Fed Presidents Hit The Alarm Over The Broken Treasury Market... Which They Caused") it is the Fed, and only the Fed, that is responsible for the upcoming historic bond market crash.

So what drives Free Float across countries?

The ECB defines the Free Float as the share of outstanding government debt held by price sensitive investors, i.e., excluding holdings by the domestic central bank (QE), foreign central banks (FX reserves) and pension funds & insurance companies (ALM demand). The charts below show how the holdings of these three sectors (in percent of outstanding government debt) have evolved across the 6 largest DM economies.

Combining the data of the 6 analyzed countries into a 'global' series, the chart below courtesy of Deutsche Bank shows a steadily declining Free Float share over the past 15 years.

As the chart on the left shows, the aggregate free float in the six top countries has fallen from around 50-55% in the years before and just after the GFC to around 40% today.

Said otherwise, price-indiscriminate entities account for more than half the free float of global outstanding debt; this means that the price of the most important security across the world - the one that is still viewed by some as the "risk free" asset - is no longer determined by the free market but by a handful of fat, balding academics who have never stepped a foot inside the real world.

This is the most important factor explaining not only the rising fragility of the bond market - so theatrically lamented by Fed presidents, i.e., the biggest perpetrators - but also the enduring decline of the term premium. Figure 10 and Figure 11 show how DB's preferred measure of the 5s10s term premium in both the US and the euro area decreased alongside the Free Float.

Another observation from the data above: the ever growing influence of QE has been offset by a reduction of foreign official holdings for the US (a great way to disintermediate Chinese Treasury purchases from the fate of US deficit funding). Also of note, even though Japan has a debt/GDP of nearly 240% the free float is less than 30% with QE being the biggest part there.

Why does this matter? Because as one can see in the 6 standalone charts breaking down the free float by country, which shows how the price insensitive holdings have evolved over the last couple of decades, one can better understand financial repression and why real yields are so negative, a topic we covered extensively on Friday in Real Rates At Levels Associated With "Panics, Wars, & Depression"... And What Comes Next Could Be Devastating...

Tyler Durden Sun, 11/21/2021 - 13:10
Published:11/21/2021 12:23:18 PM
[] McCarthy's record rant throws wrench in Pelosi's plans ... temporarily Published:11/20/2021 7:24:32 AM
[Podcasts] The Book of David
Podcast: David Bahnsen on Build Back Better and inflation.
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Published:11/20/2021 7:24:32 AM
[Government and Institutions] Lobbying in politics: a perennial issue?

In 2010, the new Prime Minister David Cameron, long before his own ill-judged engagement with Greensill Capital, warned that lobbying was “the next big scandal waiting to happen”. The focus of his concern, after a decade of minor scandals mostly involving Labour Ministers, were the lobbyists themselves and their access to Ministers. The reforms that … Continue reading "Lobbying in politics: a perennial issue?"

The post Lobbying in politics: a perennial issue? appeared first on Institute of Economic Affairs.

Published:11/20/2021 7:24:32 AM
[World] Fear or science? Which will win the COVID-19 battle?

It is generally accepted that human fear frequently manifests itself through anger. Whether you research the Diagnostic and Statistical Manual of Mental Disorders ( DSM–5), a product of more than 10 years of effort by hundreds of international experts in all aspects of mental health, or simply flip through the ... Published:11/20/2021 7:24:32 AM

[Middle Column] The Real Problem with COP26: Not Its Hypocrisy but Its Goals
Published:11/20/2021 7:24:31 AM
[Open Threads] Bookworm Beat 11/20/21 — the Kyle Rittenhouse illustrated edition

I collected Rittenhouse memes for a week and most still seem relevant. Plus, I’ve got the usual “Life in Biden’s Wacky America” memes.

The post Bookworm Beat 11/20/21 — the Kyle Rittenhouse illustrated edition appeared first on Bookworm Room.

Published:11/20/2021 7:24:31 AM
[] 'SIT DOWN'! Calif. Gov. Newsom joins Left's gaslighting spin-fest after Rittenhouse verdict (Hint: It's BS) Published:11/20/2021 7:24:31 AM
[Politics] VIDEO: Social Spending Bill is Not “Zero Dollars” Published:11/20/2021 7:24:31 AM
[Markets] Theranos founder Elizabeth Holmes takes the stand in her criminal-fraud trial Theranos founder Elizabeth Holmes takes the stand in her criminal-fraud trial Published:11/20/2021 7:24:31 AM
[Politics] What Abe Lincoln Would Say About the Biden Budget Bill My congratulations to young Kyle Rittenhouse for his across-the-board acquittal and complete exoneration of all charges. In this country, thankfully, the right of self-defense is protected by our Constitution as an integral part of the rule of law. In this difficult trial, justice was done. My hat is off to the jury that performed its civic duty seriously and valorously in the face of threats to their well-being. I also want to tip my hat to the judge, who was also facing threats to his... Published:11/20/2021 7:24:31 AM
[Law] A Former Prosecutor’s Take on the Rittenhouse Trial and Verdict

Could Kyle Rittenhouse face another trial? Does Rittenhouse have grounds to sue media outlets for defamation? What about the behavior of the prosecutors during the... Read More

The post A Former Prosecutor’s Take on the Rittenhouse Trial and Verdict appeared first on The Daily Signal.

Published:11/20/2021 7:24:31 AM
[2021 News] FDA Produces the First 91+ pages of Documents from Pfizer’s COVID-19 Vaccine File

FDA Produces the First 91+ pages of Documents from Pfizer’s COVID-19 Vaccine File. 25,957 reports of nervous system disorders? Off to a great start, Lord knows what other problems this causes. FDA produces first 91+ pages of Pfizer's Covid-19 vaccine documents. It reveals that Pfizer, after just 2 ½ months of vaccine use, received 25,957 […]

The post FDA Produces the First 91+ pages of Documents from Pfizer’s COVID-19 Vaccine File appeared first on IHTM.

Published:11/20/2021 7:24:31 AM
[Politics] WATCH: Nick Sandmann weighs in on Kyle Rittenhouse drama [FULL INTERVIEW] Nick Sandmann was on Hannity tonight to weigh in on Kyle Rittenhouse and what he’s been going through. You can watch it below:   Related, Sandmann’s attorney was on Fox News earlier . . . Published:11/20/2021 7:24:31 AM
[World] Antifa and its Origins

How the definition of fascism has changed gives us insight into the transformation of the political left over the course of the 20th century.

The post Antifa and its Origins appeared first on The American Conservative.

Published:11/20/2021 7:24:31 AM
[Democrats] Soros Prosecutors Let Sex-Offender CVS Burglar Free

After a registered sex offender was arrested twice in three days on felony charges in Northern Virginia, local leaders are wondering what it takes to land a criminal behind bars when lenient prosecutors backed by George Soros are administering justice.

The post Soros Prosecutors Let Sex-Offender CVS Burglar Free appeared first on Washington Free Beacon.

Published:11/20/2021 7:24:31 AM
[RIVN] Wall Street Breakfast: What Moved Markets Published:11/20/2021 7:24:31 AM
[Politics] Op-Ed: No, Michael Flynn, America doesn't need one religion

To the founders, if government dictates religious belief or favors one faith over another, it's tyranny.

Published:11/20/2021 7:24:31 AM
[Comedy] Cartoonist Ray Billingsley has been portraying Black family life for decades — and now he’s getting his due The "Curtis" cartoonist Ray Billingsley has brought heart and humor to such serious subjects as covid-19 — and his peers just gave him the Reuben Award for outstanding cartoonist of the year. Published:11/20/2021 7:24:31 AM
[The Week In Pictures] The Week in Pictures: Well-Acquitted Edition (Steven Hayward) The reaction from the left to the acquittal of Kyle Rittenhouse tells you all you need to know about the left’s regard for the rule of law and due process. But there was other good news this week, such as the announcement that Beto O’Rourke is running again in Texas, and I’m still wondering just what Jedi mind trick Gov. Abbott used to pull this off. And, of course, more Published:11/20/2021 7:24:31 AM
[In The News] Navy to Christen Future Littoral Combat Ship Marinette

by R. Mitchell -

The Navy will christen the future USS Marinette (LCS 25) as the newest Freedom variant littoral combat ship (LCS) during a 10:00 a.m. CST ceremony Saturday, Nov. 20, in Marinette, Wisconsin. The principal speaker is the Honorable Meredith Berger, Performing the Duties of the Under Secretary of the Navy. Additional …

Navy to Christen Future Littoral Combat Ship Marinette is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/20/2021 7:24:31 AM
[] 11/20/21 EMT T minus 6 days to turkey.... Published:11/20/2021 7:24:31 AM
[Volokh Conspiracy] [Josh Blackman] Today in Supreme Court History: November 20, 1910 11/20/1910: Justice William Henry Moody retired. Published:11/20/2021 7:24:31 AM
[Markets] Dow Jones Futures: President Biden Set To Pick Fed Chief As Market Rally Diverges; Time To Buy Rivian? The market rally is sending mixed messages, with President Biden about to make his Fed chief pick. Is it time to buy Rivian stock? Published:11/20/2021 7:24:31 AM
[Entertainment] Girlfriend Collective's Sitewide Sale Is Better Than Any Black Friday Deal E-Comm: Girlfriend Collective SaleWe independently selected these deals and products because we love them, and we think you might like them at these prices. E! has affiliate relationships, so we may get a commission if you...
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[Uncategorized] The Left’s Circular Firing Squad Week in Education

Your weekly report on education news.

The post The Left’s Circular Firing Squad Week in Education first appeared on Le·gal In·sur·rec·tion.
Published:11/20/2021 7:24:31 AM
[topics:in-the-news/coronavirus] Covid vaccines could be offered to children as young as five next spring Published:11/20/2021 7:24:31 AM
[ACLU] Make no mistake- Kyle Rittenhouse wasn’t on trial. Being white was.

Kyle Rittenhouse was acquitted today. Anyone who paid even a modicum of attention to the trial could not come away without concluding that Rittenhouse acted in self defense. The verdict enraged the left wing media but more, it revealed the searing hatred some have of all things white. All day the left wing lunatics struggled […]

The post Make no mistake- Kyle Rittenhouse wasn’t on trial. Being white was. appeared first on Flopping Aces.

Published:11/20/2021 7:24:31 AM
[Markets] Returning To Sound Money Returning To Sound Money

Authored by Alasdair Macleod via GoldMoney.com,

With the threat of dollar hyperinflation now becoming a reality it is time to consider what will be required to stabilise the currency, and by extension the other fiat currencies which regard the dollar as their reserve.

This article takes its cue from Ludwig von Mises’s 1952 analysis of what was required to return to a proper and enduring gold standard —metallic money, particularly gold, having been sound money for thousands of years, to which everyone has always returned when government fiat currency fails.

When Mises wrote his 1952 article the dollar was nowhere near the state it is in today. But Mises had had practical experience of what was involved, having advised the Austrian government during and after its hyperinflation of the early 1920s, making his analysis doubly relevant.

As a remedy for the developing collapse of the dollar, this article can do little more than address the major issues. But it shows how an economic and monetary collapse of the dollar can be turned to advantage - the opportunity it creates through the destruction of Keynesian and other inflationist fallacies to secure long-term economic and monetary stability under which economic progress can be maximised.

Introduction

There are two charts which sum up why the dollar and fiat currencies tied to it will collapse if current monetary policies persist, shown in Figure 1.

The growth in the M1 quantity since February 2020 has been without precedent exploding from $4 trillion, already an historically high level, to nearly $20 trillion this September. That is an average annualised M1 inflation of 230%. It is simply currency debasement and has yet to impact on prices fully. Much of the increase has gone into the financial sector through quantitative easing, so its progress into the non-financial economy and the effects on consumer prices are delayed — but only delayed — as it will increasingly undermine the dollar’s purchasing power.

The more immediate impact on the High Street is also alarming, shown in the second chart. A combination of the covid lockdowns and Federal Government money ending up in consumers’ pockets has driven their liquidity relative to goods purchases to unprecedented and unaccustomed heights. This is the more worrying chart because it quantifies the immediate fuel for a potential crack-up boom. A crack-up boom is the condition whereby consumers finally discard the currency, spending it to just get rid of it. We are not there yet, but clearly, if consumers take the view en masse that prices will continue to rise, then they will attempt to reduce their cash balances all at once by bringing their future purchases forward, thereby driving prices up even further and more rapidly, and therefore the purchasing power of the currency down. But for the moment, it is mostly creating a scramble for real assets, such as housing, which for the moment can be bought with mortgage finance fixed at deeply suppressed interest rates.

Given supply constraints, rising commodity prices, and other production costs rising as well as unaccustomed levels of consumer liquidity, the rise in prices can only accelerate. Unless there is a fundamental change in monetary policy, which requires the expansion of currency to be stopped completely, there will come a point where consumers finally realise that it is not prices rising but the purchasing power of the currency falling. This is a difficult concept for most people to grasp because they are used to regarding currency as always possessing the objective value in their transactions. The history of monetary inflations confirms that ordinary folk have always been reluctant to understand that the currency is declining until too late. But today, a significant minority of the population has already been alerted to this development by their participation in or observation of cryptocurrencies such as bitcoin. And if the wider population learns the same lesson and acts accordingly all hope for the currency will be lost.

The reason that changes in the quantity of currency recorded by narrow measures such as M1 must be closely watched is that it is the underlying base upon which bank credit is expanded. When interest rates inevitably begin to rise, rates paid to bank depositors are likely to lag, improving lending margins for banks. Improved lending margins will encourage the banks to expand credit, for the benefit of government and agency bonds, and for speculators such as hedge fund managers looking to arbitrage the difference between borrowing rates and the dollar’s future purchasing power. The narrow currency quantity therefore has a multiplier effect with respect to bank credit when it begins to expand.

A dispassionate consideration of these established facts leads the independent observer to conclude that unless today’s fiat currency system is secured with a sound money regime a collapse of everyone’s circulating medium is inevitable. Putting to one side minor central banks, the most egregious debaser of currency is the Fed, as the charts above attest. But with the dollar as the world’s reserve currency, where the dollar goes, so will all the other western currencies. Fixing the dollar must be the priority.

In a revised 1952 edition of his The Theory of Money and Credit, Ludwig von Mises added a section on The Return to Sound Money. Mises, who had cut his teeth as an economist dealing with Austria’s 1920s inflation made proposals which are still relevant. Under the influence of Keynesianism, the monetary situation facing America today is rapidly deteriorating towards the circumstances faced by Austria in 1920-22, but with technical differences. This article attempts to update Mises’s section on the return to sound money for current conditions to provide a framework for the benefit of monetary stability and long-term prosperity.

The intractability of current inflationism

Central banks and their governments like to say that the reasons for an acceleration of monetary expansion are short-term and justified by being expedient. But these policies, often termed extraordinary measures to validate them, become normal as we have seen with quantitative easing. We can reasonably assume therefore that no meaningful attempt to rein in currency debasement will occur, more extraordinary measures will be invented, and that the explosion in the M1 quantity is far from over.

Changing the official mindset is proving an impossible task so long as currency expansion is available. The Federal Government relies on it as a growing source for its funding, which allows it to ignore budget deficits. The state employs bureaucrats who agree with this policy and is advised only by economists who are prepared to justify it. The whole establishment is in groupthink mode and brooks no criticism over its inflationism. Furthermore, the administration has been democratically elected on a platform of continuing to provide free and easy money.

This is not a sudden phenomenon, being progressively ingrained in the establishment’s mindset for a century. It commenced with the establishment of the Fed before the First World War, which then fuelled an artificial boom in the 1920s after the brief post-war recession. The American state gradually subsumed control over money, removing it from transacting individuals and finally replacing it with completely fiat dollars in 1971. The course that the state had set itself was bound to lead to where we are now; the expansion of dollar currency getting out of control.

Nowhere in the Fed’s regular FOMC statements is there any mention of monetary policy per se. It is as if the quantity of currency in circulation is irrelevant to its purchasing power. It is an important cover-up, because if the relationship between the quantity of money and its purchasing power was admitted, then the Fed would have to exercise control over it. And not only would an admission of the relationship be a public acknowledgement of currency mismanagement, not only would the US Treasury come down on the Fed like a ton of bricks for jeopardising its source of non-fiscal revenue, but inflation of the currency would no longer be freely available as a policy tool.

One likes to think that there are policy makers with an understanding that inflation is of the quantity of dollars in circulation and not its effect on prices. But for a long time, it has not been in anyone’s interest to think this way — anyone who did so has been re-educated, sacked, or left the building. This is the essence of groupthink. It is worth noting that elsewhere, Jens Weidmann who is a well-known inflation hawk is resigning from the Bundesbank. And Andy Haldane has resigned as Chief Economist from the Bank of England, with a parting shot on inflation. Both these gentlemen appear to have decided it is a fight they cannot win.

The only chance of reform is from circumstances leading to the final abandonment of the neo-Keynesian policies that have promoted statism over free markets. And that is unlikely to occur before economic and currency destruction has become too obvious for anyone in control of economic and monetary policy to ignore.

We cannot be certain that this realisation in official circles will occur before the public finally loses all confidence in the currency. But so long as any hope for its recovery lingers, it seems unlikely that monetary policy will be reformed. To statist economists, the argument for sound money and its adoption would not only be a negation of everything they have come to believe, but it will be seen as destroying all their so-called scientific progress, particularly since the adoption of Keynes’s General Theory as the economists’ vade mecum.

Additionally, the use of statistics to guide policy, particularly of GDP and CPI, will have been found to have badly misled policy makers and markets. Along with statist management of the dollar, they must be abandoned. They are primarily tools for imposing state control on economic activity. The objective of the reformed approach is to return to free markets and sound money, which means handing responsibility for their actions back to economic actors, those who divide their labour and use money as the bridge between their production and consumption.

These are a volte-face from current policies and are sure to be strongly resisted even in the face of contrary evidence. Monetary reform is bound to be delayed until the last possible moment. The state’s preference is always to retain and build on the control it already has. This is why there are plans to introduce central bank digital currencies, which, it must be noted, are designed to continue with inflationary stimulation by other means. But as revolutionary France discovered, the substitution of one fiat (the assignat) by another (mandat territoriaux) merely leads to the more rapid failure of the second. Once public trust in the state to not debauch the first currency is gone, it cannot be restored for a succeeding unbacked state currency.

We can only assume that at some point in the dollar’s descent towards worthlessness the US Treasury will be prepared to mobilise its gold reserves to stop it becoming completely worthless. We shall now look at the measures that are required from that point to return to sound money, that is to back the dollar credibly with metallic money, only gold and silver coinage — anything less will not be a permanent solution.

Initial actions to stabilise the currency

At the time when monetary stabilisation becomes a practical proposition, interest rates and bond yields will have already been driven to previously unimagined levels, reflecting the currency’s collapse thus far. Write-offs from non-performing loans and losses on bond valuations will have almost certainly wiped out all the equity of weaker banks, and the survivability of the stronger ones will have become questionable as well. The Federal deposit insurance limit of $250,000 will have become meaningless and a banking crisis will become integral to the currency collapse as depositors attempt to flee from bank deposits into goods and gold.

A collapse of the fiat banking system was not a material factor when Mises tackled the problem in 1952. He was absorbed with preventing the currency’s collapse in the future, a future which was some way off but is now almost upon us.

The first action must be for the Fed to cease expanding the quantity of money and to introduce regulations to stop the expansion of total bank credit. The former is a simple task. In practice, controlling bank credit is also not difficult. If one bank increases its balance sheet, the increase must be matched by a decrease in the balance sheets of the other banks. This means that new loans can only be extended with the permission of the central bank centralising the information on bank and other licenced credit providers’ balance sheets. And net drawdowns of existing credit facilities must similarly be matched by repayments of others.

This is intended as an interim measure pending further reform of the banking system. But the consequences for surviving banks will be significant and immediate. The stabilisation of the currency will lead to increased savings. The allocation of these increased savings to investment capital will be routed through bond markets instead of across the collective balance sheets of the banking system. It will be up to savers and their agents to decide individual borrowing terms. And all taxes on savings must be removed to enable them to recirculate into productive investment. However, these measures will be consistent with the plans for subsequent bank reform described below.

The US Treasury will be competing for savers’ savings and will no longer have unrestricted access to bank credit. A bank wishing to increase its exposure to Treasury stock be able to do so by disposing of other assets, Alternatively, if other banks reduce their balance sheets permission might be obtained from the Fed on the lines described above. Whether buying Treasuries is a sensible commercial decision must be left to the individual bank, and Basel-originated regulations designed to give preference to government bills and bonds over other classifications of assets must be repealed. The objective is to permit the government and its agencies to borrow but only on a non-inflationary basis, with the investment decision purely decided by investors, their agents, and bankers making their own risk assessments without regulatory bias.

It is doubtful at this stage of the hyperinflation that economic activity would suffer overall from the loss of state intervention. The economy will already be in the deepest slump in living memory, with interest rates at unimaginable heights and beyond the Fed’s control. Anyone going bust will have most probably done so already.

In these conditions there cannot be a better time to ensure the state withdraws from economic and monetary intervention and to introduce plans to stabilise the currency. But on their own measures to halt currency and credit expansion would be insufficient to stabilise the dollar and dollar interest rates beyond a temporary basis without further measures, which must be our next consideration.

The return to a gold standard

To stabilise the dollar the US Treasury must recognise that gold is money and the dollar an inferior currency. Accordingly, all taxes on physical gold and silver must be removed, and both metals be permitted to be freely exchanged by the public for dollars. Given that the circumstance of the reintroduction of a gold standard are likely to be those of a last resort, we can assume that the market will have already repriced the dollar in gold terms. That being the case, the exchange ratio between gold and the dollar can be fixed along with the arrangements permitting gold coin and the dollar to circulate together, with the dollar and dollar-credit being converted into reliable gold-backed substitutes.

Legislation would have to be enacted to enshrine gold convertibility as an inalienable property right, never to be taken away from the public in future. This must also remove future devaluations as a government option, and even in the event of a crisis, such as a war, full convertibility must be maintained. A new body must be established, or the role of the Exchange Stabilisation Fund amended to act only as the custodian for the relationship between dollars and gold, with the nation’s gold reserves transferred to its control. We shall call this fund the Exchange Stabilisation Fund (ESF) hereafter. Dealing in foreign currencies and SDRs by the ESF must cease, and no other government or central bank entity be permitted to deal in gold. After acquiring its initial reserve from the Treasury, the ESF cannot be permitted to initiate gold transactions. Only dealings initiated by the public, exchanging gold for dollars or dollars for gold are to be permitted. Thenceforth, the expansion of dollars in circulation must be backed 100% by gold to be held transparently in a special account for that purpose.

The basis of convertibility must be on coins freely demanded by holders of dollars without limitation. Legislation must be passed for gold coins to be struck in suitable currency denominations to ensure their practical circulation. Silver coins must also be reintroduced by law for smaller amounts, and the issuance of paper notes suited for smaller purchases must be rescinded to ensure that silver coins and the smaller gold coins circulate.

The purpose of coin circulation is to permit the public to continually vote on the government’s adherence to the new rules. The slightest indication that it is considering breaking them will, in accordance with Gresham’s Law, drive the good money out of circulation: in other words, gold coin will be hoarded, and its paper substitutes disposed through spending. The knowledge that this is so will discourage politicians from considering watering down the standard.

The gold/silver ratio should be struck to give silver coins a minor premium over their bullion value to ensure they remain in circulation and are not diverted for industrial use or arbitraged into gold. This will avoid the pitfalls that plagued bimetallic standards in the past.

The introduction of a working gold coin standard on these lines will lead to a rapid fall in borrowing rates from their hyperinflation highs. The sooner it is operating and the currency stabilised, the quicker the economy can return to normality, which will be an obvious benefit for those persuading the public the merits of sound money. Interest rates will then correlate with the general level of wholesale prices. The reason for this correlation is that sound money allows producers to calculate for their business plans with a high degree of certainty about final prices. With that certainty in mind, they can then assess the rate of interest they are prepared to pay savers for an enterprise to be profitable.

The disciplines of a working gold coin standard will also require other changes to take place.

Government reform

The time during a currency collapse when it might be adapted into a proper gold standard is also the most dangerous politically. The population will be suffering real hardships and dangerously disaffected from the establishment that steered them onto the economic and monetary rocks. The middle and professional classes will have lost nearly everything. It is a political situation ripe for violent revolution. It drove the French revolution and following the First World War drove Germany into Nazism.

It is the setting described by Hayek in his The Road to Serfdom. The departure from proper economics and the move towards increasing state control over the people militates for yet more socialism and violence, with a total monetary collapse being the excuse for total oppression of the people by the state. If that happens, the outcome is a different course of events from the constructive one proposed here.

But we must assume that the great American nation, for all its recent faults and having lost its way with economics and socialist drift, pulls back from the brink of the abyss. Unlike Germany following its hyperinflation of the 1920s, America’s population is ethnically diverse, comprised in the main of the descendants of refugees from political and economic oppressions elsewhere. We should accept that when the outlook is darkest, a Hayekian-described dictator might not emerge, but a statesman instead, like an Erhardt, who emerged for Germany in the late 1940s. Paradoxically, public support for a reform of the American currency system probably offers a better chance of success than similar measures taken elsewhere.

We must proceed with that assumption. The popular mandate for the role of government in the economy to be radically revised will therefore become available. Without the cover of inflationary financing, an economy based on sound money is more obviously incompatible with a high-spending government, which must then reduce its burden on the productive economy to the minimum possible. At its most fundamental, its obligation to provide mandated welfare must be strictly curtailed. The ambition is to reduce the role of government to framing and upholding the law and maintaining national defence — not to be confused with funding military adventures abroad. Foreign policy must return to that of Britain in the days of Liverpool, Castlereagh, and Wellington following the Napoleonic Wars: never to interfere in another nation’s internal affairs. And regulations must be rescinded to permit free markets to regulate themselves.

It will require economic understanding, statesmanship and perhaps a few years to fully achieve all these objectives. But given that the purchasing power of the dollar will have already depreciated substantially, the costs of welfare, such as state pensions and unemployment benefits, will have already degenerated in real terms. Furthermore, the population will be staring into an economic and monetary abyss, reducing their opposition to substantial cuts in state spending. Only in these circumstances will it be possible to take the necessary action, and the opportunity will be there. An initial target of reducing Federal government spending to under 20% of GDP and cutting taxes accordingly should be followed by a target of less than 15% of GDP in due course.

Banking reform

Following extensive debate between the currency and banking schools, England’s Bank Charter Act of 1844 was the watershed that validated bank credit cycles. The destabilising effect of these cycles led to Walter Bagehot’s concept of the role of The Bank of England being the lender of last resort, the excuse for central banks in the future to increase their powers of intervention.

By the time of the 1844 Act, banking law and double entry bookkeeping had established the method of credit creation, which is different from that which is commonly understood. A bank commences the expansion of bank credit by making a loan to a customer, which appears on its balance sheet as an asset. At the same time, double entry bookkeeping demands a contra entry, which is achieved by the bank crediting the customer with a matching deposit, which continues to balance as the loan is drawn down. The bank’s balance sheet has expanded without its own capital being involved.

The expansion of credit is monetary inflation, which eventually feeds through to rising prices, leading to increasing interest rates. Economic calculations made earlier in the credit cycle begin to go awry, and bankers eventually become cautious, contracting their balance sheets mindful of the gearing ratio between their equity and total liabilities. Alternatively, carried away by the apparent improvement in trading conditions, banks speculate in areas where they lack expertise or became overexposed and lack an exit. These were the respective reasons that Overend Gurney in 1866 and Barings in 1890 failed. Whatever the cause of their contraction, these cycles of bank credit lasted about a decade on average.

A reformed gold coin standard must be complemented by the elimination of bank credit cycles. To eliminate it entirely would require banking to be segregated into two distinct functions, one to act as a custodian of deposits with ownership remaining with the depositor, and the other to act as an arranger of finance for fees or commission. This would eliminate bank credit entirely.

The evolution of modern finance has led to the development of shadow banking, some of which has led to the creation of credit off-balance sheet by the banks or by unregulated entities. Measures should be taken to identify and end these practices. But given that shadow banking is the product of the interaction between the growth of fiat money and purely financial activities, shadow banking is likely to decline, or possibly even disappear with the end of fiat and the introduction of a gold standard.

Furthermore, the speculative bubble in cryptocurrencies, whose rationale is purely to hedge against the relative expansion of fiat currencies, will lose the reason for their existence beyond the purely technical innovations, such as the blockchain, that they bring. The ending of these speculative activities generally will reduce even further the perceived need for bank credit expansion, particularly for those banks funding purely financial activities.

Once the public and foreigners are confident that the dollar’s gold standard is firmly established it is likely that gold will flow back into the Exchange Stabilisation Fund, giving it yet more cover for future dollar redemptions and therefore credibility for the standard.

The benefits and workings of a new gold standard

With the dollar on a credible gold standard, there can be little doubt that other fiat currencies will develop similar monetary policies. The whole world works with the dollar as the international currency, even Russia whose energy earnings are paid to her in dollars, and China whose raw materials from abroad are sourced nearly entirely in dollars.

The replacement of fiat dollars with dollar-denominated gold substitutes will change currency priorities for all other nations. They will confront the same issues that faced the European nations in the second half of the nineteenth century, when Britain with her empire dominated global trade. Not only was there a drift towards free trade (for example, the Cobden-Chevalier Trade Treaty between France and Britain in 1860) but the European nations adopted similar gold standards. If America establishes a credible gold standard, any nation not following suit is likely to see its currency collapse.

Critics may say that instead of operating their own gold standards, other nations will simply operate dollar currency boards, throwing the burden on America to provide a global monetary standard. This would not be a problem, so long as the rules of 100% backing are followed by America. A country adopting a dollar standard for its own currency will have to acquire dollars, which it can only do for gold submitted to the Exchange Stabilisation Fund. By providing a simple solution to other national currency problems the ESF would therefore see substantial gold inflows, further securing its domestic and international currency position. The key is for the ESF to administer the new monetary rules, enshrined in law, to the letter.

Once the new gold standard is fully established, demand for circulating dollars will be set by markets and can be met by the ESF issuing dollars only on a 100% gold backed basis. Imports must be paid for in gold-backed dollars, and because monetary discipline will force government deficits to become a thing of the past, trade deficits will tend to be as well.

Changes to gold’s domestic purchasing power might be expected through changes in the savings rate, being the allocation between consumption and deferred consumption. Variations in the savings rates may be expected to drive price differentials between nations, but this would be an error. This is because a rise in domestic savings will tend to reduce domestic prices and increase exports, leading to an importation of gold. But the extra gold or gold-backed dollars in circulation from an export surplus will have a contrary effect, supporting prices so that there would be little change.

By way of contrast, a fall in the savings rate would be expected to lead to a tendency for domestic prices to rise and therefore to an increase in imports, and a corresponding outflow of gold. But the outflow of gold will then tend to act to reduce domestic prices, thus stabilising the effects of increased domestic consumption. In terms of cross-border trade, the benefit of a gold standard and its associated rules is to eliminate trade imbalances and price differentials as a cause of economic disruption, depoliticising global trade and promoting overall price stability. The peoples of individual nations can therefore set their savings preferences without affecting the general price level. It permits producers to make business calculations with a high degree of certainty of output prices, not only for domestic markets, but international ones as well.

Gold supply factors

Unlike proposed distributed ledger cryptocurrencies acting as the future form of money, the merits of a working gold standard are found in its flexibility. The growth of the amount of above-ground gold has tended to match the increase in the world’s population over time. But not all gold is held for monetary use, with more than half of it being estimated to be in jewellery, and a smaller amount allocated to industrial use. But much of the gold jewellery is quasi-monetary, being regarded as a reserve store of monetary value particularly among the populous Asian nations. There is, therefore, a flexible stock of non-monetary gold available through market mechanisms to support a global monetary standard.

The difference between a gold or gold exchange standard and fiat currencies is that the allocation of gold between its uses is determined by people through markets, and not by governments and their monetary policies. This means that the course of prices both generally and for individual products are set only by supply and demand. Price stability is the outcome, with competition, improved production methods and technology tending to reduce prices over time and rising living standards for all. This is the background which encourages savers to put aside some of their earnings, knowing that their savings’ purchasing power will be maintained, and even likely to increase over time.

For these savers, financial asset values will no longer be driven by excessive quantities of fiat currency. With the infinite feed of fiat currency removed, outright speculation will become a thing of the past, replaced by genuine risk assessments of individual bond issuers and of equity participations. The expansion of fiat currency will no longer be available as the principal fuel driving financial asset values.

It will be a different monetary environment, where capital will be scarce and therefore valued. Capital will be less wasted on spurious projects. It will be the basis for recovering economic progress, so sadly lost at an increasing pace since the dollar became purely a fiat currency.

It is apt to end by quoting von Mises’ concluding paragraph to his 1952 addition on currency reform in his The Theory of Money and Credit, the inspiration for this article:

“Cynics dispose of the advocacy of a restitution of the gold standard by calling it utopian. Yet we have only the choice between two utopias: the utopia of the market economy, not paralysed by government sabotage on the one hand, and the utopia of totalitarian all-round planning on the other hand. The choice of the first alternative implies the decision in favour of the gold standard.”

Tyler Durden Sat, 11/20/2021 - 08:10
Published:11/20/2021 7:24:31 AM
[Markets] The Conversation: Kyle Rittenhouse verdict violates these 5 standards for claiming self-defense The proliferation of “stand your ground” laws complicates the analysis of self-defense involving the duty to retreat.
Published:11/20/2021 7:24:31 AM
[Entertainment] Need a book recommendation for the holidays? The Post’s book team will lead the way. The Washington Post’s Book World team will answer your questions on Monday at 12 p.m. Eastern. Published:11/20/2021 7:24:31 AM
[] Blue on blue: Dems on D.C. City Council beg Dem mayor not to lift indoor mask mandate Published:11/19/2021 2:23:16 AM
[2021 News] Youngkin Will Allow Virginia Counties, Cities, K-12 Public Schools To Mandate COVID-19 Vaccines And Masks

Youngkin Will Allow Virginia Counties, Cities, K-12 Public Schools To Mandate COVID-19 Vaccines And Masks. This guy is genuflecting to the COVID god before he’s even sworn into office.

The post Youngkin Will Allow Virginia Counties, Cities, K-12 Public Schools To Mandate COVID-19 Vaccines And Masks appeared first on IHTM.

Published:11/19/2021 2:23:16 AM
[World] Congressional Republicans playing to lose

DENVER — Republicans in Washington are positively giddy over all the new polls showing President Joe Biden tanking the Democrat party ahead of next year’s midterms. Indeed, Mr. Biden is making history.

For a guy who got elected on a single pledge to not send Mean Tweets, Mr. Biden has ... Published:11/19/2021 2:23:16 AM

[Politics] Democrats Allocate $5 Million for National Science Foundation ‘Diversity Officer’

Buried in a Senate bill meant to increase U.S. competition with China is a measure that allocates $5 million in taxpayer funds for a "chief diversity officer" at the National Science Foundation.

The post Democrats Allocate $5 Million for National Science Foundation ‘Diversity Officer’ appeared first on Washington Free Beacon.

Published:11/19/2021 2:23:16 AM
[Politics] Kamala Harris Agonistes The plight of Vice President Kamala Harris brings to mind Prime Minister Thatcher's aphorism about how being powerful is like being a lady. If you have to tell people you are, you aren't." It is never good for a politician to have to defend his relevance, as Ms. Harris is learning this week. The issue itself presupposes the answer, particularly in Washington where, however unfairly, perception is as important as reality. Ms. Harris is being dogged by questions of competence, low approval... Published:11/19/2021 2:23:16 AM
[Markets] S&P 500, Nasdaq Composite finish at record highs as tech shares gain S&P 500, Nasdaq Composite finish at record highs as tech shares gain Published:11/19/2021 2:23:16 AM
[] Video of Florida Gov. Ron DeSantis explaining conservatism to a reporter is *chef's kiss* Published:11/19/2021 2:23:16 AM
[Free speech] It’s time for all of us to join Joshua’s Army

Joshua destroyed Jericho’s walls with the sound of righteousness. By using truth against leftism, we can be Joshua’s Army in America. And the Lord said unto Joshua, See, I have given into thine hand Jericho, and the king thereof, and the mighty men of valour. 3 And ye shall compass the city, all

The post It’s time for all of us to join Joshua’s Army appeared first on Bookworm Room.

Published:11/19/2021 2:23:16 AM
[] WATCH: Germans Hear the Hard Truth about Islam Published:11/19/2021 2:23:16 AM
[Critical Race Theory] They Are After Our Children (John Hinderaker) The precepts of Critical Race Theory are only taught to law school students, right? Sure. And also to pre-schoolers. Check out this new program from the University of Texas called GoKAR!. KAR stands for Kids Against Racism. UT is looking for parents “caregivers” who have preschool children ages four to five. They must “identify as white.” This is so the four and five year olds can be subjected to an Published:11/19/2021 2:23:16 AM
[Politics] House poised to approve Biden's social spending plan Friday

House Democrats plan to vote on a sweeping measure to strengthen the nation's social safety net programs and climate change measures.

Published:11/19/2021 2:23:16 AM
[Uncategorized] Rittenhouse VERDICT WATCH: Has Jury Foreperson Gone Rogue And Holding Back Acquittal?

Judge allowing the jury to take home instructions raises concerns they'll play the "dictionary game"

The post Rittenhouse VERDICT WATCH: Has Jury Foreperson Gone Rogue And Holding Back Acquittal? first appeared on Le·gal In·sur·rec·tion.
Published:11/19/2021 2:23:16 AM
[Politics] 10 Things Media Won't Tell You About the Dems' Big Bill Published:11/19/2021 2:23:16 AM
[Politics] Judge orders NY Times to explain publication of Project Veritas privileged memos! A judge in the Project Veritas v New York Times case has just ordered the paper to explain how they improperly received and published privileged communications from the seizure of Project Veritas . . . Published:11/19/2021 2:23:16 AM
[Markets] : Texas and Midwest at risk of winter blackouts if another deep freeze hits, watchdog warns The main Texas grid, which is unique in its state-run, and not regional, format, could see a power shortfall of 37% in extreme conditions, NERC said in a report Thursday.
Published:11/19/2021 2:23:16 AM
[Law] What I Saw at the Kenosha Courthouse

KENOSHA, Wis.—The Daily Signal was on the scene at the courthouse here Thursday where a jury deliberated for a third day about the verdict for... Read More

The post What I Saw at the Kenosha Courthouse appeared first on The Daily Signal.

Published:11/19/2021 2:23:16 AM
[] ONT Without Representation Is Tyranny! Hello, Horde. I'm tired. It's open enrollment time, and that means lots of work for me. How are all y'all doing? Anyone care for a cup of coffee? BTW, Redchief, could you please email me? My nic at gee, mail!... Published:11/19/2021 2:23:16 AM
[World] The Fed Soc Debate Turns Inward

Is concentrated corporate power a greater threat to individual freedom than government power?

The post The Fed Soc Debate Turns Inward appeared first on The American Conservative.

Published:11/19/2021 2:23:16 AM
[BBWI] Bath & Body Works, Inc. 2021 Q3 - Results - Earnings Call Presentation Published:11/19/2021 2:23:16 AM
[World] [Josh Blackman] Judge Silberman Petitions The Judicial Conference To Review His Misconduct Complaint Against Judge Sullivan "The reasoning [of the Committee's opinion] is so tortured and inexplicable it is hard to imagine that any Article III judge could have written it." Published:11/19/2021 2:23:16 AM
[Markets] Dow Jones Futures Rise: Beware The Megacap Rally; AMAT Stock Leads 5 Key Earnings Apple and Amazon gains are a mixed blessing for the market rally. Rivian and Lucid dived again. AMAT stock led earnings movers late. Published:11/19/2021 2:23:16 AM
[Entertainment] ‘Patria y Vida,’ Rubén Blades’s big night and more things to know about the Latin Grammys The 22nd annual ceremony also featured a milestone performance by Christina Aguilera. Published:11/19/2021 2:23:16 AM
[Congressional Hall Monitor] Not-a-RINO: McCarthy Marathon Floor Speech Prevents Vote On Democrat Spending

by Andrew Trunsky -

House Minority Leader Kevin McCarthy delayed the passage of President Joe Biden’s social spending package after embarking on an hours-long floor speech that lambasted the bill and Democrats for a wide range of issues. The speech began as the House concluded debate on the sweeping budget Thursday night and proceeded …

Not-a-RINO: McCarthy Marathon Floor Speech Prevents Vote On Democrat Spending is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/19/2021 2:23:16 AM
[topics:places/europe] Friday morning news briefing: Europe on red alert Published:11/19/2021 2:23:16 AM
[Markets] Austria's Salzburg And Upper Austria Expand Lockdown To Include Entire Population Austria's Salzburg And Upper Austria Expand Lockdown To Include Entire Population

It's no longer just the unvaccinated who are subject to Austria's draconian lockdowns: following the record surge in covid cases  in Austria which we discussed earlier,

... the regions of Salzburg and Upper Austria will introduce a lockdown for the entire population starting on Monday, which regional leaders said would last for "several weeks" but would hopefully be over by Christmas.

There is no longer any alternative than to order a full lockdown in the region, Salzburg’s governor Wilfried Haslauer told a press conference on Thursday afternoon: “We have considered a lockdown to be a significant infringement on the public, but now we are left with no other choice,” he said according to The Local.

The length of the lockdown is not yet confirmed, but Haslauer said it would last at least three weeks, and most likely four. As in previous lockdowns, it would be possible to leave home only for essential purposes including food shopping, exercise, and accessing medical care including vaccinations. Hotels, restaurants and retail stores will close.

He urged everyone in the region who is eligible to get their first vaccine doses as well as boosters, “so that we can get out of this lockdown as soon as possible, before Christmas if at all possible”. Salzburg this week followed Vienna in making booster doses possible from four months after the second dose.

Haslauer also said that all municipalities in Salzburg would be offering vaccination seven days a week. He noted that as of Monday, Salzburg already has the strictest measures in Austria, but said: “The time it takes for these to take effect is time that our hospitals do not have.”

“Lockdown is an effective short-term measure, but it is not a solution. Vaccination is the only solution,” he said, even though it clearly is not.

During the lockdown, schools will also be closed with a return to home-learning, although students with additional learning needs or who need to go to school (for example if their parents work in essential jobs) will still be able to attend in-person.

Just how widespread is this epic scourge that necessitated the lockdown of an entire city? Well, according to The Local as of Thursday afternoon, Salzburg has 31 Covid-19 patients receiving intensive care treatment in hospital, 27 of them unvaccinated, said Christian Stöckl, the region’s deputy governor and health councillor. The remaining four all had a higher than average risk of illness from Covid-19 due to their age or health conditions.

In other words, 31 patients means a city-wide lockdown for everyone.

Haslauer said that he preferred for consistent measures across the country, but would not comment on whether he wanted to see a nationwide lockdown, telling a reporter: “I would have preferred that we did not need this measure at all.”

Upper Austria governor Thomas Stelzer confirmed on Thursday morning that both regions would go into lockdown next week, regardless of what is decided on Friday for the national measures.

“We don’t have much leeway, to say the least. We have very, very little leeway,” Stelzer said. “If there is no nationwide lockdown, Upper Austria and Salzburg will go into lockdown from next week,” said Stelzer, adding that he would advocate for the measure to be imposed nationwide at Friday’s meeting between the government and regional leaders.

Stelzer did not give a specific timeframe for the lockdown, but said that it would last for multiple weeks. A press conference was scheduled for 5.30pm.

The announcement comes as Austria is in the first week of a nationwide ten-day lockdown for people without 2G (proof of either full vaccination against Covid-19 or recent recovery from the virus). This partial lockdown is enforced with police patrols, but has been criticised as being divisive and difficult to control.

The Green Party in Salzburg have called for a full lockdown in the region, as have several intensive care doctors, due to the severe level of the spread of the virus.

In the capital Vienna, which has the country’s lowest incidence rate but is still classed as “very high risk” by the Corona Commission, mayor Michael Ludwig said on Wednesday afternoon that he “could not rule out” another lockdown.

“I don’t want [Vienna] to end up in the same situation as other regions,” Ludwig told reporters when asked about a possible general lockdown.

On Thursday, Austria reported 15,145 new cases of Covid-19 in the past 24 hours, reaching another all-time high. That's despite a strict mask mandate and the current lockdown of all unvaccinated people, which has sparked several major protests already.

Tyler Durden Fri, 11/19/2021 - 02:45
Published:11/19/2021 2:23:15 AM
[Entertainment] We'll Have 30 Secrets About When Harry Met Sally--And What She's Having When Harry Met SallyMore than 30 years later and we'll still have what she's having. When Harry Met Sally, one of the most beloved romantic comedies of all-time, debuted 32 years ago in July 1989,...
Published:11/19/2021 2:23:15 AM
[Politics] Column: Kevin Faulconer totally flopped as a candidate for California governor. So why not try again?

Faulconer says running against Gavin Newsom for California governor again would be different if issues were key and the two competed one-on-one.

Published:11/18/2021 1:27:14 PM
[Entertainment] Is a Wedding in Dakota Johnson and Chris Martin's Future? Her Dad Don Johnson Says... Chris Martin, Dakota JohnsonCould marriage be in Dakota Johnson and Chris Martin's future? Her father, actor Don Johnson, gave his take during the Nov. 17 episode Good Day New York. When asked if a wedding could...
Published:11/18/2021 1:27:14 PM
[topics:things/crime] Two teens arrested on attempted murder charge after stabbing at Warwick University Published:11/18/2021 1:27:14 PM
[Markets] US STOCKS-S&P, Nasdaq rebound as strong earnings outweigh inflation fears The S&P 500 and Nasdaq remained positive into early afternoon trading on a topsy-turvy Thursday on Wall Street, with investors taking cues from upbeat retail and technology earnings despite hawkish inflation comments from a Federal Reserve policymaker. By contrast, the Dow continued to play the laggard, threatening to wipe out November gains as it headed for its third decline this week. Published:11/18/2021 1:27:13 PM
[Campus] DNC Weighs Disaffiliation From College Dems Amid Anti-Semitism Scandal

The Democratic National Committee is considering disaffiliating from College Democrats as the national student organization faces fallout from an anti-Semitism scandal.

The post DNC Weighs Disaffiliation From College Dems Amid Anti-Semitism Scandal appeared first on Washington Free Beacon.

Published:11/18/2021 1:27:13 PM
[In The News] Inflation Crisis So Bad Pentagon Had to Issue Warning

by Harry Wilmerding -

Pentagon officials warned that the surge in prices has caused issues for U.S. troops and their families. Defense Secretary Lloyd Austin referred to rising inflation as a “readiness issue” at a press conference Wednesday where he announced a new program to assist military families to cope with the surging prices. …

Inflation Crisis So Bad Pentagon Had to Issue Warning is posted on Conservative Daily News - Where Americans go for news, current events and commentary they can trust - Conservative News Website for U.S. News, Political Cartoons and more.

Published:11/18/2021 1:27:13 PM
[Markets] Snyder: Are Gasoline Prices Being Pushed Higher On Purpose? Snyder: Are Gasoline Prices Being Pushed Higher On Purpose?

Authored by Michael Snyder via The Economic Collapse blog,

Is it just a “coincidence” that gasoline prices have absolutely exploded since Joe Biden took office? 

The hatred that many on the left have for traditional forms of energy is well known.  Many of them are entirely convinced that the changes that are happening to our climate can be reversed if we can just transition away from traditional forms of energy. 

So on the left there is a lot of interest in finding ways to create incentives for people to use “cleaner” forms of energy instead of “dirtier” forms of energy. 

For example, the left would love to see all of us driving around in electric vehicles, and one way to accelerate that transition would be to dramatically raise the price of gasoline.  Interestingly, that is precisely what is happening right now.  In fact, the average price of a gallon of gasoline just hit another all-time high in California

Gas prices in California reached an all-time high Monday as the average price of a regular gallon soared to $4.682, according to the American Automobile Assn.

It was the state’s second record-breaking day in a row. Monday’s price for regular unleaded was six-tenths of a cent higher than the Sunday average reported by AAA, which broke the previous state record of $4.671 set in October 2012.

And things are even worse in the San Francisco area.  For those living there, the average price of a gallon of gasoline has almost reached five dollars

Drivers in the San Francisco Bay Area are paying more at the pump than anywhere else in the country – with a gallon of gas hitting a near record level of $4.84 as the nation remains in the grip of an inflation crisis.

On November 30th of last year, the average price of a gallon of gasoline in the United States was just $2.21.

So what changed?

I think that it is pretty obvious.  Last year we had a Republican in the White House and now we have a Democrat.

The Biden regime has been publicly expressing concern about gas prices, but at the same time the administration just keeps making moves that they know will make the energy crisis even worse.

When Breitbart News recently interviewed Senator Tom Cotton, he actually accused the administration of pumping up gasoline prices on purpose

Cotton, who campaigned last week for Republicans in Iowa ahead of the 2022 midterm elections, told Breitbart News in a phone interview between events that he believes the high gas prices are on purpose.

“Most notably, more and more people tell me that they’re not even able to fill their pickup truck tank up for the entire week,” Cotton said.

“They’ve got to fill up half a tank and hope that the price comes down by the end of the week. That, in particular, is the intended effect of Joe Biden’s energy policy. It’s not unintended or some accident. They want gas to cost $4 a gallon because they want all of us to get out of pickup trucks and SUVs and get into small electric compacts or bicycles or scooters or whatever else Pete Buttigieg takes to work.”

So is Senator Cotton correct about this?

If he is, it wouldn’t surprise me one bit.

Meanwhile, we just learned that over the past year home prices have been rising much, much faster than paychecks have been

For Americans seeking to buy a home, this year has likely brought much frustration. A nexus of several natural and man-made factors culminated in the tightest residential real estate markets in recent memory.

While median wages increased by 4.3 percent October-to-October this year vs last, typical mortgage payment (30-year fixed rate with 10 percent down payment) increased nearly 17 percent, according to the National Association of Realtors (pdf). That means an average American worker earning about $4,300 a month would need to spend nearly $1,400 a month on a typical mortgage payment. And that’s before income taxes, social security taxes, Medicare taxes, property taxes, home insurance, and utility bills.

Our standard of living is being absolutely eviscerated, and the middle class is shrinking a little bit more with each passing day.

But the Democrats keep coming up with new ways to gum up the economy.  For example, they are now pushing the Biden regime to implement a new mandate which will make business travel by air a complete and utter nightmare

Democratic lawmakers are urging President Joe Biden to require that all airline passengers either show proof of full vaccination against the coronavirus or a negative COVID-19 test before boarding a domestic flight.

The request was made in a letter, signed by more than 30 Democrats that was sent to Biden November 11.

If such a mandate is put into place, it may be many years before it is finally removed.

You would think that the Democrats would have figured out that the American people absolutely hate mandates by now.  Their poll numbers just keep sinking, and if the midterm elections were held right now they would clearly lose control of Congress

As things stand, if the midterm elections were today, 51% of registered voters say they’d support the Republican candidate in their congressional district, 41% say the Democrat. That’s the biggest lead for Republicans in the 110 ABC/Post polls that have asked this question since November 1981. Indeed, it’s only the second time the GOP has held a statistically significant advantage (the other was +7 points in January 2002) and the ninth time it’s held any numerical edge at all.

But I don’t expect the Democrats to back down.

It’s not in their nature.

I have said it before, and I will say it again.  I think that the Democrats are creating the sort of political environment that could result in a new major third party rising before we get to the 2024 elections.

But for now, the Democrats are in control in Washington, and they have put us on a path that leads to national ruin.

All over the western world, there is a major push to discourage traditional forms of energy, and this is creating an unprecedented supply squeeze.

We desperately need to do a whole lot more drilling, but that isn’t going to happen.

So this new energy crisis is going to continue to escalate, and gasoline prices will eventually reach levels that were once completely unimaginable.

*  *  *

It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon.

Tyler Durden Thu, 11/18/2021 - 14:26
Published:11/18/2021 1:27:13 PM
[] F. Joe Biden's Communist, Soviet-Trained Nominee for Comptroller of the Currency, Who Wants to Destroy Banks, Also Turns Out To Be... A Convicted Thief Perfect. Perfect. She was literally schooled in Marxist economics in the Soviet Union, when it still existed: Omarova graduated from the Soviet Union' Moscow State University in 1989 on the Lenin Personal Academic Scholarship, according to the Wall Street Journal.... Published:11/18/2021 1:27:13 PM
[2021 News] Will Kyle Rittenhouse be found innocent, guilty or hung jury?

Will Kyle Rittenhouse be found innocent, guilty, or a hung jury? Bonus question, will the judge declare a mistrial with prejudice?

The post Will Kyle Rittenhouse be found innocent, guilty or hung jury? appeared first on IHTM.

Published:11/18/2021 1:12:08 PM
[World] The 1619 Project: Yes, Clear Away the Spin

The evolution of America’s role in the world also demands critical scrutiny.

The post The 1619 Project: Yes, Clear Away the Spin appeared first on The American Conservative.

Published:11/18/2021 1:12:08 PM
[Society and Culture] The socialist renaissance continues unabated

The intellectual comeback of socialism After every single socialist experiment without exception failed over the past 100 years, it should be clear that the last thing the world needs are any new ones. But as memories of the collapse of real-world socialism in the Soviet Union and Eastern Europe recede, socialist thought is experiencing a … Continue reading "The socialist renaissance continues unabated"

The post The socialist renaissance continues unabated appeared first on Institute of Economic Affairs.

Published:11/18/2021 1:12:08 PM
[Uncategorized] The Kyle Rittenhouse Trial is More Than Just a Trial. It’s a National Rorschach Test…

The Kyle Rittenhouse trial is more than just a trial.  It’s a Rorschach test with only two possible answers. The basic facts of the case are widely accepted by everyone, that Kyle Rittenhouse shot three people on the night of August 25, 2020 in Kenosha, Wisconsin amid a violent uprising that had been going on […]

The post The Kyle Rittenhouse Trial is More Than Just a Trial. It’s a National Rorschach Test… appeared first on Flopping Aces.

Published:11/18/2021 1:12:08 PM
[Politics] Wait the Value of Gasoline is Plunging "Gas Prices Skyrocket" booms Newsweek. "As gas prices surge, President Biden asks the F.T.C. to investigate 'illegal conduct,'" says the headline in the Times. "Ghastly Gas Prices Haunt Consumers," says the AAA. "More pain at the pump," is the warning from the Hill newspaper in the face of a crude export ban Mr. Biden is eyeing. On the Coast, gas at one pump bounced above seven one-dollar Federal Reserve Notes. The thing to keep in mind, though, is that the value of gasoline has been falling... Published:11/18/2021 1:12:08 PM
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