Business & Economics

You are starting to hear financial gurus begin discussing the inflation we are experiencing. The biggest problem with inflation stats collected by the U.S. Government is that they often exclude the very things rising in price from their calculations. This produces an artificially low number and puts those working hourly jobs behind the inflation 8-ball. If a hourly worker’s wages were adjusted by a true measure of the cost of living, we would be in a much better place.

Yesterday we learned that Ma Ha Rushie died. It is hard to believe that the noon to 3 PM ET space will no longer have his voice live. It has been about 30 years for me as a listener. I learned a tremendous amount from him about conservatism, politics and the unyielding attacks from the left. I believe history will look kindly upon him as a bastion of freedom and liberty in an otherwise dour period of time Rest in peace Rush. You will never be replaced, and the rest of us will pick up the mantle and move forward.

I find it hilarious when the ignorant speak on financial matters. Look no further than Sen. Elizabeth Warren (a/k/a Pocahontas). Her recent letter to the SEC (https://www.warren.senate.gov/imo/media/doc/01.29.2021%20Letter%20from%20Senator%20Warren%20to%20Acting%20Chair%20Lee.pdf) purports to concern whether the market for GME reflects the true underlying value of GME.

Sen. Warren, can you please tell me what value you’re referring to? Fundamental value? Well, if you’re talking that, then the entire market is overvalued. What are you going to do? Shut it down? After all, at some point, the bubble will explode. Where is the consideration of that?

If she wants to really concern herself about something that matters, she should concern herself with the currency of the US, i.e. the USD. The federal government has so overspent USD that the most incredible short in the history of mankind is there. What happens if these Reddit investors decided to sell their shares and demand physical currency? Who has physical currency any longer? No one. What happens when the banks can’t deliver the currency? They implode. We’ll be here on the sidelines watching it happen. That would probably be the ultimate blow to the establishment.

This week saw close to a million citizens protest in response to what they believed were fraudulent elections. While the feds continue searching for those who breached the capitol building, there is photographic evidence showing it was not just Trump supporters who breached the capitol, but also known members of ANTIFA and BLM. Hopefully, we see the truth come out about who actually did what, but that is a topic for another day.

Today (8 Jan 21), we have seen the tech companies begin to implement China’s anti-freedom rules in the U.S. You had the permanent removal of President Trump as well as thousands of other conservatives from TWTR and FB. We also heard that Apple is going to ban the Parler app from its store because it will not police the posts of its users. Google has removed it from its store, and we now hear that there is collusion among the ISPs to ban conservatives websites.

The free world needs an alternative to big-Tech. The question is, how quickly can this ramp to ensure freedom still reigns for all the citizens of the former United States of America.

The communists, i.e. Democrats and Rinos, are coming for conservatives.

While I haven’t really looked at the terms and conditions of Twitter, Facebook, You Tube, etc., those being deplatformed by these companies should band together and sue them. While perhaps they may not be successful, discovery would be fun, entertaining and potentially informational.

Having been interested in politics from a very early age, I have witnessed quite a few elections with Democrat and Republican administrations. I have witnessed movements towards socialism in both major parties. Republicans would win but never pushed the agenda they were elected to pursue. Instead, they went along with the bipartisan destruction of our government’s integrity.

During the Obama/Biden administration alone, we witnessed IRS targeting, gun running, spying on journalist, use of personal email to evade FOI requests and finally spying on the other party’s presidential candidate. There are also many unanswered questions which, if answered, may even be worse.

We witnessed Obama and a number of senior level administration officials state their admiration for dictators, communists and others who killed millions of their own people and were diametrically opposed to the rights enshrined in the U.S. Constitution. Their admiration for such horrible humans says a lot them and their inclination toward tyranny. You have Maxine Watters saying the Democrats have at their disposal the largest database to ensure their success in future elections. Add to this the apparent corruption of the FBI and the intelligence services, you have a situation where elections don’t matter.

Enter into the fray big tech and their social media platforms. As innocuous as they seemed at inception, they now control the information flow for the majority of U.S. citizens. With the alignment of “news”

The alignment of big tech, “news” organizations and the administrative state is the beginning of the end of our constitutional republic. We were warned by our founders of such a thing. The question is, what do we do now?

Fox News is reporting that the laptop of Democratic presidential candidate Joe Biden’s son is part of an FBI money laundering probe. Now, it is not clear whether this was an ongoing probe or one started upon the publishing of the N.Y. Post’s material on Hunter Biden.

<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Laptop connected to Hunter Biden linked to FBI money laundering probe <a href=”https://t.co/seUSeG41Ag”>https://t.co/seUSeG41Ag</a> <a href=”https://twitter.com/hashtag/FoxNews?src=hash&amp;ref_src=twsrc%5Etfw”>#FoxNews</a></p>&mdash; Scott Vining (@Scott_Vining) <a href=”https://twitter.com/Scott_Vining/status/1319226903434231808?ref_src=twsrc%5Etfw”>October 22, 2020</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>

The Department of Education (“DoE”) has been investigating the gifts/donations/bribes paid to universities in the US. With links to China, Iran, Russia, and the Arab states, there is growing concern that our universities are becoming propaganda mills for these foreign governments.

Campus Reform has an article discussing the stonewalling of universities in providing the requested information to the DoE. I’m not sure why the DoE believes it has to look for statutory means to “influence” the institutions to providing the information. It seems pretty clear to me they could simply:

1. Refuse to guarantee the loans of those institutions
2. Delay any payments to the institutions until they comply

Higher Ed in the U.S. isn’t so high any longer. Information and training on everything is available on the internet by well qualified instructors and cheaper than the cost of these institutions. What we need are professional organizations to allow individuals to take professional licensing exams regardless of the individual’s educational background. This would remove many of the barriers to becoming a CPA or lawyer many minorities face.

Since you cannot practice law if you graduate with a law degree without passing the bar, and you cannot practice as a CPA with a degree in accounting without passing the CPA exam, doesn’t that tell you it is not the university education that is enabling you to practice? You need to successfully complete a bar prep or CPA prep course. Both are significantly cheaper than a university education.

One day, we might be able to breakup the monopoly the university system has on the job market. As a matter of fact, if HR departments in companies ever get their acts together and quit using degrees as a certain level of knowledge, we might find the monopoly the universities have on the job market goes away quickly.