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Tuesday, September 20. 2022Tuesday morning linksWSJ: A Faraday Is Worth 1,000 Faucis. The inventor of the dynamo would have plenty to say about our scientific ‘experts.’ Transgender care as young as 4? "Care"? Narcissism Of The Apocalypse - Why are some people more prone to seeing climate change as apocalyptic than others? Want An Academic Job? Start Preparing Your DEI Statement. More universities than ever are now requiring lengthy DEI statements from job applicants. Is that good for academic freedom? Organized Retail Crime Reaching "Crisis Scale" ‘Crime Is a Construct' : My Morning With the Park Slope Panthers. A Brooklyn man with politics ‘to the left of Lenin’ tries to organize a neighborhood watch. It didn’t go quite as planned. The For-Profit D.C. Firm Staging America’s ‘Grassroots’ Movements. The great American tradition of spontaneous local protest is funded and staffed to a large degree by a ‘dark money’ network controlled by Arabella Advisors THE COMING OUTLAWING OF THE REPUBLICAN PARTY How Global Warming Is A Lot Like ‘Get Trump’ Taibbi: The Justice Department Was Dangerous Before Trump. It's Out Of Control Now Florida Sheriff’s Office Seizes Enough Fentanyl to Kill 1.5 Million Adults Those illegal migrants sent to Martha's Vineyard now have attorneys representing them against DeSantis Europe’s Economy And Living Standards Are Plummeting Germany's (And Europe's) Self-Inflicted Upcoming Energy Crunch Trackbacks
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With all of the dark money and outside meddling it is not unreasonable to believe that the U.S. is under attack by foreign powers. The Fentanyl is killing twice as many Americans each year than died in the entire Vietnam war. This is intentional and it IS war. Wake up America.
QUOTE: The Coming Outlawing of the Republican Party You can't quite take someone seriously who says this: QUOTE: Section 3 was arguably unconstitutional to begin with. The Fourteenth Amendment, including Section 3, is a PROVISION of the Constitution. The Democrats created and ran the KKK.
The Democrats have created the new KKK that hates whites. This is their agenda and they intend to run on it. CRT=BLM=neo-KKK They are setting us up for a race war while reforming the justice system to punish anyone who objects. There is now an epidemic of purge killings by blacks. Don't go jogging alone. Crime is a Construct. Wow. Just wow. The Left is really good at two things: Killing people and destroying everything they come in contact with. Mindless dolts.
Narcissism of the Apocalypse...K thru 12 propaganda machine will fill the bill. Start with Silent Spring, move to Neo-Malthusianism with abortion and gods of sustainability, wrap it all up in earth day and presto... NWO, BBB and the WEF "magically" appear.
Snatch and grab is an occupation because it isn't punished. It operates much like the old cargo cults. There is little understanding of where it comes from or the effort to create it but that makes little difference to the cultists. I want it.
The Texas Rangers had a rule of thumb, 'One Riot, One Ranger'. They were sent to problem towns. Frank Hamer (who tracked down Bonnie & Clyde) was one of the more legendary Rangers, and he was sent to such a town where he met with the local leaders and stated, 'we're going to have Law & Order, but first we're going to have Order'. The Rule of Law was thus informally suspended until a renewed sense of mortal vulnerability had been re-established among the offenders. Hamer was fearless. I lived in that town for quite a few years, and he had later served as its Marshal during one of the periods when he had taken leave from the Rangers. He didn't usually wear a gun - an open-handed slap was his normal corrective action, and it was apparently very effective. Without Order, there can be no Law.
In the recent biography of Hamer there is no shortage of him drawing his gun, sometimes not even while a Ranger.
DC firm staging grassroot movements... Kristallnacht by any other name.
Europe's economy and German energy... Russia has them by the short hairs because they had crap leadership that ignored reality. It's a little short-sighted to believe Democrats intend to outlaw the Republican Party - they intend to outlaw any opposition to the Democratic Party. What do you suppose "Our Democracy™" means?
QUOTE: The “Good Information Foundation” – a project led by a top Obama aide – appears to have been caught offering social media influencers money to post false claims about President Donald Trump and January 6th on the Chinese Communist-owned platform TikTok. The attempted election disinformation campaign including outright falsehoods about the Trump campaign “paying millions” for the 2021 riot at the U.S. Capitol. https://thenationalpulse.com/2022/09/18/leftwing-disinformation-group-spreads-disinformation-on-tiktok/ In a few states there are now law suits being filed against hospitals as evidence is exposed that the Covid-19 protocols would result in patient deaths and that the hospitals knew that they would result in patient deaths but continued the protocols because the federal reimbursement for a patient who was threated and died from Covid was substantially higher than the reimbursement for a patient who survived Covid.
Today a dollar is worth $.88 in comparison with it's value on Jan 20, 2021. Biden did that. By Jan 20, 2025 a dollar will be worth less than $.50 and it could be worth far less than that. Interesting how quickly inflation works don't you think?
It is likely that home values will plummet during this same period, some are predicting a 50% decrease in value. Imagine the median price of a home is $400,000 or so in most cities where you can find a job. The mortgage payment, with 20% down is $2500 a month and you just lost your job. No one is buying homes because of the recession and interest rates so you can't sell it. Isn't math fun? Here is another eye opener for most people. The high in the DOW was back in about 2001-02. It took more ounces of gold to buy one of each stock in the DOW in that time period than what it takes in ounces to buy the DOW now. Some would say it should be measured in dollars but there is no real definition of what a dollar is anymore. It used to be measured by grams of gold but now it is meaningless word of measure.
We've been heading south, economically, for quite some time but most don't know how to measure the losses. indyjonesouthere: The high in the DOW{-to-Gold ratio} was back in about 2001-02.
The Dow-to-Gold ratio grew dramatically during the Clinton administration, lost all its gains during the Bush administration, recovered during the Obama administration, then struggled during the Trump administration.
Clinton: 10 - 41 Bush: 41 - 9 Obama: 9 - 17 Trump: 17 - 16 Ironically it was congress not Clinton who is responsible for the good economy in the 90's. The crash of the economy in the 2000-2008 was due to the terrorist attack and laws passed in the late 90's when the Democrats got control of congress. During the Obama years the FED was weaponized to prop up the economy so that Dems could win elections. Today the FEDS have so screwed up the money and debt that we will likely go through another great depression. The DOW and the stock market are fake, FAKE!!e
The collapse of the real estate market driven by mindless government drones, who got terrific bonuses, providing almost limitless credit that marked the top of the market. You do remember Franklin Raines and his fellow racketeers, right? Or Barney Frank and the gang that supported the real estate Armageddon until its collapse?
Even you should be able to see the rocketing rise of gold, as measured in dollars, that was due to the bailing out of banks who should have never been bailed out. Gold is a stable commodity that varies little over long periods of time. It is the value of DOLLARS that radically changes. Like always, it was these foolish old farts that created the fiasco that created the real top in the market. The markets will not bottom for many more decades when measured by real money. OneGuy,
Special pleading. indyjonesouthere, You established the metric. We merely noted it. U.S. real GDP has increased by half since 2001. Real GDP measured in dollars... I think you will never learn. Now measure the real GDP in gold.
US GDP-true prices measured in gold web site will get you there. Looks a bit different than "up 50%" doesn't it. There is no definition of a dollar. Now you have a metric that you can "note".
#10.1.1.3.1
indyjonesouthere
on
2022-09-21 14:37
(Reply)
indyjonesouthere: Now measure the real GDP in gold.
You cherry-picked your starting point at the height of the Clinton expansion. The current Dow-Gold ratio is about the same as it was in 1997 or in 1972, 1959, or even in 1929, and much higher than it was during the Reagan administration. The metric doesn't tell you what you think it does. Or do you think the U.S. economy is smaller than it was in 1959? In any case, you can't back the U.S. currency in gold as U.S. GDP has long outstripped the global gold supply. Nowadays, people walk around with computers in their pockets, while gold is just another commodity.
#10.1.1.3.2
Zachriel
on
2022-09-21 14:51
(Reply)
Do a google search of the GDP measured in gold. It isn't hard and it isn't cherry picked. The chart I just googled goes back to 1930. The high since that time was about 2001 plus or minus a year. It has been plummeting ever since 2001. You can see that the GDP in gold in about 1955 is that same as it is now. You don't have to like the chart but that is reality.
Some of us actually pay attention to what an old 64 dime will buy and what a new shiny dime will buy. If you have no interest in that then there is no point in chiming in. Now your comment of GDP size. Will the US GDP be smaller with 100million people and larger with 300million people.
#10.1.1.3.2.1
indyjonesouthere
on
2022-09-21 15:35
(Reply)
indyjonesouthere: You can see that the GDP in gold in about 1955 is that same as it is now.
That's what we thought you said. It is simply not correct to say that current U.S. GDP is the same as it was in 1955. The U.S. economy is vastly larger today.
#10.1.1.3.2.1.1
Zachriel
on
2022-09-21 16:40
(Reply)
You can say it is larger when measured in dollars. If it is measured in gold it is smaller. You are having a difficult time catching on to the idea that what GDP is measured in makes all the difference.
Once again, go google a chart that shows US GDP measured in gold. There is a big difference in fiat currency (which can't be defined by actual value) and precious metals. That was the point of the comment to Just Me. You are traveling down some other road of deflection.
#10.1.1.3.2.1.1.1
indyjonesouthere
on
2022-09-21 16:56
(Reply)
indyjonesouthere: You can say it is larger when measured in dollars.
No. We're saying it's bigger in production. indyjonesouthere: You are having a difficult time catching on to the idea that what GDP is measured in makes all the difference. Percentage of Income Spent on Food
#10.1.1.3.2.1.1.2
Zachriel
on
2022-09-22 07:54
(Reply)
You are mixing valuations in dollars with valuations in gold. The valuations in dollars on that chart need to be converted to valuations in ounces of gold at the price of gold in each of those years.
Here's a chart showing GDP in dollars and GDP in gold. https://inflationchartcom/gdp-in-gold
#10.1.1.3.2.1.1.2.1
indyjonesouthere
on
2022-09-22 12:50
(Reply)
indyjonesouthere: The valuations in dollars on that chart need to be converted to valuations in ounces of gold at the price of gold in each of those years.
Huh? There's no dollars on the chart. It's a proportional relationship. People spend proportionally less on food, have more food prepared by others, and when they go to the restaurant, even the kids have a computer in their pocket. This is all true whether you value the exchange in gold or in chickens or in dollars. Indeed, the computer in their pocket is probably worth hundreds of chickens.
#10.1.1.3.2.1.1.2.2
Zachriel
on
2022-09-22 14:05
(Reply)
You didn't examine the chart source that I gave you. It gives the GDP in both gold and dollars. Your chart makes no reference to valuation in gold at all. Its values are all measured in dollars. You are evading all the valuations in gold. You can pretend it isn't true and you can pretend whatever you wish but it just does not change reality.
I can't make it any simpler for you.
#10.1.1.3.2.1.1.2.2.1
indyjonesouthere
on
2022-09-22 15:05
(Reply)
indyjonesouthere: It gives the GDP in both gold and dollars.
Yes, as we noted above—in direct reply to you—the Dow-gold ratio increased during the Clinton and Obama administrations decreased during the Bush administration, and struggled during the Trump administration. indyjonesouthere: Its values are all measured in dollars. No. The graph shows a unitless proportion. While, in 1928, Hoover campaigned on a chicken in every pot, nowadays, even kids have the value of a hundred chickens in their pockets. That U.S. economy is vastly bigger than it was then.
#10.1.1.3.2.1.1.2.2.2
Zachriel
on
2022-09-22 15:57
(Reply)
Your first mistake is measuring GDP with a food chart. The next mistake is thinking that your chart basis of unitless proportions on the chart are not based on the dollar. You are still pretending in order to avoid the gold measured GDP chart I furnished. Quit pretending. Quit deflecting.
#10.1.1.3.2.1.1.2.2.2.1
indyjonesouthere
on
2022-09-22 17:13
(Reply)
indyjonesouthere: Your first mistake is measuring GDP with a food chart.
Gee, whiz, indyjonesouthere. It's not a chart of GDP. indyjonesouthere: The next mistake is thinking that your chart basis of unitless proportions on the chart are not based on the dollar. The chart would be the same whether income is measured in bitcoin, gold coins, or sheep. That's why it is unitless. Let's measure income with gold coins. If income was 10 gold coins, a century ago, people spent 5 gold coins on food. Most of the rest went to shelter. Today, people spend only 1 gold coin on food, much of which is served to them. Some is for shelter with much more living space than people had a century ago. And there is more than enough left over for a smartphone, tons of cheap manufactured imports from China, health insurance providing access to advanced medicine, and several streaming accounts for a multitude of flat screens (smartphones, tablets, wall TVs) in the home. The teenage kid may even have his own car.
#10.1.1.3.2.1.1.2.2.2.2
Zachriel
on
2022-09-23 08:36
(Reply)
You have zero understanding of measures in fiat vs measures in rare commodities.
Your food chart is a deflection from the original discussion on gold vs fiat currency charts that measure GDP. The value of most commodities, other than rare and precious metals, varies greatly due to supply and demand. The value of the dollar included as it is no longer backed by anything other than faith. If you want a real awakening on GDP you could find a chart that measures US per capita GDP in gold. Per capita GDP accounts for the change in population as it charts GDP. That is a chart that most everyone age 70 and over would fully understand and agree with. For those that have an interest in financial cycles, it also readily explains why two presidents, Nixon and Carter, were so unpopular. Nixon was president at the bottom of the Dow cycle measured in dollars and Carter was president at the bottom of the Dow cycle measured in gold. Of course you would deny that as you simply have no understanding of the gold cycle. Today the Dow cycle measured in gold topped in 2001 and the Dow cycle measured in dollars topped in Jan of this year. Presidents are not re-elected when the dollar Dow is lower at election time than when they were elected. If you can not follow a conversation without deflecting it is better to remain out of the conversation.
#10.1.1.3.2.1.1.2.2.2.2.1
indyjonesouthere
on
2022-09-23 11:13
(Reply)
indyjonesouthere: The value of most commodities, other than rare and precious metals, varies greatly due to supply and demand.
Precious metals, including gold, also vary in price due to supply and demand. Per your comments above, we looked at the Dow-Gold relationship, and according to your interpretation, U.S. GDP is the same today as in 1997 or in 1972, 1959, or even in 1929. That's beyond preposterous. It's just silly, a position which we supported with simple examples and with evidence.
#10.1.1.3.2.1.1.2.2.2.2.2
Zachriel
on
2022-09-23 13:16
(Reply)
Here's a chart comparing gold to U.S. GDP:
http://pricedingold.com/charts/gdp-1930.png According to your reckoning, U.S. GDP is only a third what it was in 2001. Again, that's beyond preposterous. It's just silly.
#10.1.1.3.2.1.1.2.2.2.2.3
Zachriel
on
2022-09-23 13:21
(Reply)
Priced in gold gives you the reason that we went from one person able to support a family to the reason it now takes two people to support a family in many cases. You can deny that the government has been at the forefront, along with the immigration corporatists, of destroying the incomes of the middle class by importing labor and importing goods. There is a reason the old silver dimes are worth 2 dollars today. Today's FRN's (or dimes) are worth X, no more and no less. A faith based currency.
#10.1.1.3.2.1.1.2.2.2.2.3.1
indyjonesouthere
on
2022-09-23 16:16
(Reply)
indyjonesouthere: Priced in gold gives you the reason that we went from one person able to support a family to the reason it now takes two people to support a family in many cases.
Not since 2001. According to your reckoning, U.S. GDP is only a third what it was in 2001. That reckoning doesn't comport with the facts.
#10.1.1.3.2.1.1.2.2.2.2.3.2
Zachriel
on
2022-09-23 16:27
(Reply)
You are a world class pretender or a total bullshit artist. You did not view the charts or you refuse to believe the charts. The charts are facts.
#10.1.1.3.2.1.1.2.2.2.2.3.2.1
indyjonesouthere
on
2022-09-23 16:54
(Reply)
indyjonesouthere: You did not view the charts or you refuse to believe the charts.
We did look at the charts. We never disagreed that the charts show what they purport to show. However, it is your conclusion that is ill-founded, as it requires believing that U.S. GDP is only 1/3 of what it was in 2001.
#10.1.1.3.2.1.1.2.2.2.2.3.2.2
Zachriel
on
2022-09-23 20:36
(Reply)
Gather your conclusions from the chart. However, it does seem you have little practical experience in the real world. As I mentioned earlier, if you were older those GDP charts, measured in gold, would make perfect sense. For the youth, not so much.
#10.1.1.3.2.1.1.2.2.2.2.3.2.2.1
indyjonesouthere
on
2022-09-23 22:36
(Reply)
indyjonesouthere: Gather your conclusions from the chart.
Try to respond to the point raised. You assert that pricing GDP in gold-equivalent represents the True™ GDP (rather than fluctuations in the gold market itself). The gold-equivalent pricing of GDP is only 1/3 of what it was in 2001. That implies, according to your assertion, that GDP is only 1/3 of what it was in 2001. Is that what you are saying? Meanwhile, kids walk around with computers in their pockets, and landfills are filling up with no longer wanted manufactured goods. indyjonesouthere: defend the 2001 crash as it didn't look good for Clinton on the chart. Dude. Clinton wasn't president in 2001.
#10.1.1.3.2.1.1.2.2.2.2.3.2.2.2
Zachriel
on
2022-09-24 09:19
(Reply)
The Department of Justice is not a Constitutional office and may be abolished at any time by Congress.
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