October 28, 2021
If you think face masks have ANY significant effect on reducing the spread of viruses---including SARS-CoV-2/COVID 19---you need to read this review of all significant scientific studies ever done on the subject.
Everything You Always Wanted to Know About Masks and the Falsehood Surrounding Them
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So what is it ?
Is the ocean level rising or is the land subsiding ? Expansion Tectonics is raising Continental land masses and providing the oceans with greater containment volume. Anything we have seen is thermal expansion of the ocean waters since the beginning of the Holocene (Univ. of Bonn) as the Earth heats from within.
"Thanks to GIA, the vertical land motion on Earth’s continents is upward on average, meaning the land is, on average, moving away from the core. This also means that ocean basins and ice-covered areas are, on average, subsiding.â€
Measuring Sea Level Along the Coast
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October 27, 2021
Sorry folks; blogging was light yesterday and will remain so today. I've had a number of issues that had to be dealt with. Should be back up to speed tomorrow - or so I hope.
Ciao.
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October 26, 2021
In A.D. 286 the Roman emperor Diocletian split in half the huge Roman Empire administratively — and peacefully — under the control of two emperors.
A Western empire included much of modern-day Western Europe and northwest Africa. The Eastern half controlled Eastern Europe and parts of Asia and northeastern Africa.
By 330 the Emperor Constantine institutionalized that split by moving the empire’s capital from Rome to his new imperial city of Constantinople, founded on the site of the old Greek polis of Byzantium.
The two administrative halves of the once huge empire continued to drift apart. Soon there arose two increasingly different, though still kindred versions, of a once unified Romanity.
The Western empire eventually collapsed into chaos by the latter fifth century A.D.
Yet the Roman eastern half survived for nearly 1,000 years. It was soon known as the Byzantine Empire, until overwhelmed by the Ottoman Turks in 1453 A.D.
Historians still disagree over why the East endured while the West crumbled. And they cite the various roles of differing geography, border challenges, tribal enemies and internal challenges.
We moderns certainly have developed unfair stereotypes of a supposedly decadent late imperial Rome of Hollywood sensationalism that deserved its end. And we likewise mistakenly typecast a rigid, ultra-orthodox bureaucratic "Byzantine†alternative that supposedly grew more reactionary to survive in a rough neighborhood.
Yet in both cases, separate geography multiplied the growing differences between a Greek-speaking, Orthodox Christian and older civilization in the east, versus a more or less polyglot and often fractious Christianity in the Latin West.
Byzantium held firm against ancient neighboring Persian, Middle Eastern and Egyptian rivals. But the West disintegrated into a tribal amalgam of its own former peoples.
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October 25, 2021
When Putin is telling western countries they have a problem with rising Marxism, it’s time for everyone to pay attention. That’s like Brian Williams calling out Don Lemon for lying on air.
Except Putin is right. He clearly knows Russia’s history. He sees the dangers of "woke†because his country invented it.
Putin ripped "wokeness†at the18th annual meeting of the Valdai International Discussion Club, where the topic was "Global Shake-up in the 21st Century.†His speech was recorded and translated into English.
Putin hits the nail on the head. He recognizes four dangerous staples of "wokeness†happening in the U.S.: erasing history; special treatment, rather than equality, for minorities; devaluing parental roles; and blurring, if not blending, genders.
"We see with bemusement the paralysis unfolding in countries that have grown accustomed to viewing themselves as the flagships of progress. Of course, it’s none of our business or what is happening, the social and cultural shocks that are happening in some countries in the Western countries. Some believe that aggressive blotting out of whole pages of your own history, the affirmative action in the interest of minorities, and the requirement to renounce the traditional interpretation of such basic values as mother, father, family, and the distinction between sexes are a milestone, a renewal of society.â€
Putin also says what every history buff knows: Today’s American wokesters are using strategies directly out of the commie playbook.
"But there is one thing I would like to say. The recipes they come up with are nothing new. Paradoxical as it may seem, but this is something we saw in Russia. It happened in our country before the 1917 revolution; the Bolsheviks followed the dogmas of Marx and Engels. And they also declared that they would go in to change the traditional lifestyle, the political, the economic lifestyle, as well as the very notion of morality, the basic principles for a healthy society. They were trying to destroy age and century-long values, revisiting the relationship between the people. They were encouraging informing on one’s own beloved and families. It was hailed as the march of progress. And it was very popular across the world and it was supported by many, as we see, it is happening right now.â€
Putin went on to mention how puzzling it is that we in the west are now experiencing what Russia went through in the early part of the 20th century.
And we see what is happening in the Western countries. It is with puzzlement that we see the practices Russia used to have and that we left behind in distant path. The fight for equality and against discrimination turns into an aggressive dogmatism on the brink of absurdity, when great authors of the past such as Shakespeare are no longer taught in schools and universities because they announced as backward classics that did not understand the importance of gender or race.â€
Puzzling indeed, considering the U.S. fought a cold war with communist Russia for decades. We fought a hot war against communists in North Korea, with China fighting, too. We fought communism in Vietnam. Yet, today, so many leftist "Americans†seem to be leaning toward, even pushing, communism.
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No doubt through money manipulation just in time to salvage the election for the Democrats....
Inflation to Fall to Acceptable Levels in Second Half of 2022, According to Treasury Secretary
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Turns out the Pope isn't Catholic after all!
James Lovelock was the creator of the Gaia theory and pretty much Il Papa to the Holy Church of Climate Change.
Now even he is admitting anthropogenic global warming alarmism is a crock.
From the Daily Mail article:
Environmental scientist James Lovelock, renowned forhis terrifying predictions of climate change's deadly impact on the planet, has gone back on his previous claims, admitting they were 'alarmist'.
The 92-year-old Briton, who also developed the Gaia theory of the Earth as a single organism, has said climate change is still happening - just not as quickly as he once warned.
He
added that other environmental commentators, such as former vice
president Al Gore, are also guilty of exaggerating their arguments.
The admission comes as a devastating blow to proponents of climate change who regard Lovelock as a powerful figurehead.
Five years ago, he had claimed: 'Before this century is over billions of us will die and the few breeding pairs of people that survive will be in the Arctic where the climate remains tolerable.'
But in an interview with msnbc.com, he admitted: 'I made a mistake.'
He said: 'The problem is we don’t know what the climate is doing,' he told'We thought we knew 20 years ago. That led to some alarmist books –
mine included – because it looked clear cut, but it hasn’t happened.
'The climate is doing its usual tricks. There’s nothing much really happening yet. We were supposed to be halfway toward a frying world.
'[The temperature] has stayed almost constant, whereas it should have been rising - carbon dioxide is rising, no question about that.'
Of course there were many of us who knew this all along - and who tried to act as a voice of reason in a panic-driven campaign to fundamentally transform our way of life.We were called kooks. We were called pawns of Big Oil. We were called liars and hypocrites. And now we can be called vindicated.
I think Lovelock realizes his legacy will be that he was wrong and died wrong. He wants to salvage his reputation before he goes under.
Of course, he has done immense damage to our world by his hysteria over the years.
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Barack Obama recently dismissed rape and molestation allegations in schools as Republican culture-warfare while campaigning for Terry "the Punk" McAuliffe.
Why would we think Obama would care about molestation?
He wrote this poem when he was young. Caution; strong stomach required.
Sitting in his seat, a seat broad and broken
In, sprinkled with ashes,
Pop switches channels, takes another
Shot of Seagrams, neat, and asks
What to do with me, a green young man
Who fails to consider the
Flim and flam of the world, since
Things have been easy for me;
I stare hard at his face, a stare
That deflects off his brow;
I’m sure he’s unaware of his
Dark, watery eyes, that
Glance in different directions,
And his slow, unwelcome twitches,
Fail to pass.
I listen, nod,
Listen, open, till I cling to his pale,
Beige T-shirt, yelling,
Yelling in his ears, that hang
With heavy lobes, but he’s still telling
His joke, so I ask why
He’s so unhappy, to which he replies...
But I don’t care anymore, cause
He took too damn long, and from
Under my seat, I pull out the
Mirror I’ve been saving; I’m laughing,
Laughing loud, the blood rushing from his face
To mine, as he grows small,
A spot in my brain, something
That may be squeezed out, like a
Watermelon seed between
Two fingers.
Pop takes another shot, neat,
Points out the same amber
Stain on his shorts that I’ve got on mine, and
Makes me smell his smell, coming
From me; he switches channels, recites an old poem
He wrote before his mother died,
Stands, shouts, and asks
For a hug, as I shink, my
Arms barely reaching around
His thick, oily neck, and his broad back; ‘cause
I see my face, framed within
Pop’s black-framed glasses
And know he’s laughing too.
Leftism is promoted through sexual revolution. Obama was not recruited any differently. And like all good revolutionaries he's not much disturbed about pedophilia or other perversions, it seems.
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I have a question from a liberal who is trying to deny Biden is at fault for rising energy prices.
Clayton Goldstein says:
I want to know if we really were "energy independent†or if that was just a campaign phrase.
I want to know if we really aren’t now.
I want to know what are those actions that the Biden administration implemented and how such a reversal can happen in just 9 months?
I want the answers in relatively plain English.
I don’t want the same derisive replies I’m used to getting from the Left.
I want another car….
I respond:
1. Yes, we were energy independent for the first time in decades in 2019.
https://www.instituteforenergyresearch.org/fossil-fuels/gas-and-oil/the-united-states-was-energy-independent-in-2019-for-the-first-time-since-1957/
2. https://www.eia.gov/todayinenergy/detail.php?id=46776
According to Reuters:
https://www.reuters.com/article/us-usa-oil-outlook-idUSKBN2B1295#:~:text=%28Reuters%29%20-%20U.S.%20crude%20oil%20production%20is%20expected,its%20previous%20monthly%20forecast%20for%20a%20290%2C000-bpd%20drop.
"U.S. crude oil production is expected to fall by 160,000 barrels per day (bpd) in 2021 to 11.15 million bpd, the U.S. Energy Information Administration (EIA) said on Tuesday, a smaller decline than its previous monthly forecast for a 290,000-bpd drop."
End
Whose fault was that?
3.
4. Oil and gas work on futures markets. Mr. Biden promised a number of things, including ending fracking on government land, returning the U.S. to the Paris Accord, promoting "green" energy and electric vehicles, shutting down pipelines, and a number of other unfriendly acts. Even before assuming office his policies were at work, as the investor class knew they were coming. Better to get out of oil and gas now than lose your shirt later. We saw the same thing happen with coal under Obama.
Now oil and gas companies are trying to protect their assets. They aren't exploring. They aren't developing oil fields. The gas that was available is rising in price as a result.
Gas prices also are rising because, while we are importing more from OPEC, they are raising the prices. They cut production to gouge us. And they could do it because Mr. Biden took steps to reduce American oil production.
That and they were angry about Biden's aggressive stance on the Kashoggi affair. He pissed the Saudi Royal Family off.
Thanks to Biden's policies oil producers are having a hard time getting loans from banks. Most banks are reluctant to lend them money because they fear government "green" policies and don't want to be on the losing end when Mr. Biden's administration puts the hammer down.
According to Fox Business:
https://www.foxbusiness.com/energy/us-energy-independence-on-way-out
"Moody’s reports that North American oil exploration and production companies have about a billion in debt that will mature between now and 2024, and pipeline companies have an additional $123 billion in debt coming due over the same period."
But how do they retire this debt if the U.S. government is going to disallow drilling on public lands, or regulate the manner and places that they can drill?
These all go back to Biden policies.
As for your new car, the Biden Administration's emphasis on electric vehicles is driving the price through the roof and you're not getting one from ME. Good luck with that.
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I was thinking this morning....
The same people who blame the high cost of gas on 'supply and demand' (and not Biden's policies) are telling us that everyone should go electric, and the price of electricity will not be affected.
Tim adds:
And do not forget the oil and gas markets are driven by futures. That means investors look at the coming quarter and decide what to do with their money. The Biden people were promising higher gas prices. They promised a return to the Paris Accord. They promised to end fracking. They promised to kill the Keystone XL and other pipelines. So naturally investments dropped off, which meant the search fpr and production of oil and natural gas dropped. Biden started killing our energy sector before he actually assumed office. His fake victory was enough. And his government's endless efforts to promote wind and solar - via federal dollars - is sucking energy companies into the vortex of "investing" in new, unworkable technology. That draws money away from actually producing energy. But what are the energy companies to do? They - and their investors - see the writing on the wall, nd understand that they will lose their shirts if they continue to fund drilling. We saw this with the coal companies during the Obama years. The two top coal producing companies on Earth - Peabody Energy and Arch Coal - went bankrupt under Obama, and it wasn't for lack of demand.
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The biggest problem in this world today is that people have lost the ability to think for themselves. I'm not sure if this is more prevalent in any particular demographic, whether that be ethnicity, age-group, culture, etc. It seems to be both pervasive and ubiquitous.
Whenever I gather information, analyze it, put together hypotheses and/or conclusions, almost EVERY time at least one person will insist that I "cite my sources" - usually that request comes with "include a link..."
Well guess what - THERE IS NO SOURCE AND THERE IS NO LINK - this is MY work - these are MY opinions - this is MY analysis.
Does ANYONE think on their own anymore - or have we become a planet full of regurgitators?
You know, if for no other reason, the world should celebrate people who put forth original ideas. Without us, pretty soon the regurgitators won't have anything to regurgitate.
Tim adds:Yeah; people can't think anymore. They are trained up from childhood for technical skills - working with gadgets and doing specific jobs. Schools no longer teach HOW to think. They give enough information for a person to be able to be "productive citizens" aka worker drones. They are taught values, but not traditional values. Rather they are taught the post-modern values that make them meek and compliant citizens. The original purpose of education was to give you a knowledge base and to teach you how to think so you could work things out on your own. Not anymore. Almost all reasoning now is the employment of the logical fallacy Argumentum ad Authoritatum (argument from authority). If some "expert" says it is so (and we often cannot qualify who is expert but cite is as a matter of faith) then it must be so. This is the hallmark of a schlerotic society, one that has become decadent. And we see that - in the arts which have become entirely derivative, in our increasingly despotic and corrupt governments, in the failure of religion and philosophy. Things like the BLM rioting are a symptom of a moral and spiritual emptiness that stems in no small part from the inability of people to think and reason on their own (and that inability also stems from the decline in spiritual and moral standards.) Any way you slice it you are right to a large degree Al. We no longer have thinking but rather emoting with a few facts thrown in to justify a prejudice that is held.
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The liberal media tried to lynch Mitt Romney for putting his dog in a cage on top of his car. Now that we know Fauci was aware that beagles were having their voice boxes surgically removed so medical experiments could be done on them without barking, the media is going "meh."
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October 24, 2021
The Democrats are now trying to end the filibuster, and are claiming the GOP wouldn't pause in so doing were they in power.
Ri-ignt.
If you recall when Harry Reid was Senate Minority Leader he blocked a majority of President Bush's judges from confirmation hearings. At the time a lot of Conservatives argued for the "nuclear option" and eliminating the filibuster for judges. Didn't happen; the Republicans in the Senate refused to consider that idea because they figured they would need it some time in the future.
Well, when they did, when they were in the minority Mr. Reid abolished the filibuster for judges so he could get Barack Hussein Obama's in place.
Mitch McConnell, to my surprise, did not reimpose it when the GOP held the reins, but he did not get rid of it for other things.
Now the Democrats are coming along, trying to pass a multi-trillion dollar slush fund and a federal takeover of elections and they are claiming the GOP would not hesitate in doing this.
As Jackie Gleason would say "Hardy, Har, Har, Har!"
As the article points out, Donald Trump asked McConnell to ditch the filibuster to no avail.
The Democrats are monsters of hypocrisy and projection.
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The Irrelevancy of Lynas ‘99.9 Percent Certainty Climate Change’ Consensus
By Anthony Watts
https://climatechangedispatch.com/the-irrelevancy-of-another-activist-written-consensus-study/
Today, a new "peer-reviewed†paper is being released from Cornell University titled Greater than 99% Consensus on Human Caused Climate Change in the Peer-Reviewed Scientific Literature.
The study is yet another attempt to convey the nebulous notion that widespread scientific consensus exists regarding the primary causal factor behind climate change. A previous study, spearheaded by climate blogger activist John Cook, concluded in 2013 there was "97 percent consensus.†Despite near universal acclaim and its citation by leading policymakers such as the United Kingdom’s energy minister, the study was inherently flawed.
Dr. Mike Hulme of the University of East Anglia explains,
The ‘97% consensus’ article is poorly conceived, poorly designed and poorly executed. It obscures the complexities of the climate issue and it is a sign of the desperately poor level of public and policy debate in this country [UK] that the energy minister should cite it.
Even The Guardian – typically a stalwart supporter of climate activism – ran a headline stating: The claim of a 97% consensus on global warming does not stand up
After a thorough analysis, more than 100 published articles shredded the study’s faulty methodology and completely rejected its postulated consensus level of 97 percent.
Yet, Cook’s baseless study was still used as the inspiration for today’s release from Cornell – which, unsurprisingly, is similarly flawed. Regarding the researchers’ methodological approach, the article’s press release states, "In the study, the researchers began by examining a random sample of 3,000 studies from the dataset of 88,125 English-language climate papers published between 2012 and 2020.â€
There are many issues with this approach, the primary concern being selection bias. The authors arbitrarily decide to look at just an eight-year range of climate papers, neglecting to examine the large number of papers published before 2012. This approach, therefore, conveniently "forgets†to incorporate the significant sample of climate skeptical papers written in response to the then-nascent concept of global warming in the 1970s. They go on to say "case closed†even as the glaring bias of pre-selection ensures many skeptical papers from the 1970s, when global warming first appeared on the radar of science, to today, were excluded from the study.
Read the rest!
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A few quick thoughts on the Baldwin shooting.
Even if Baldwin isn't guilty of reckless homicide he's still guilty of endangerment. And his prop master must face criminal charges.
But no doubt they will let him off and declare it "an accident". Well, did they let Derrick Chauvin off for accidentally killing George Floyd? Baldwin should face the same sentence as Chauvin.
Baldwin is a huge gun control guy. So why was he playing with a weapon when he believes they should be taken away from people?
BTW Baldwin called for Dick Cheney to be sent up the river when he accidentally shot a guy while bird hunting. Will he apply the same standard to himself now?
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An animal’s brain structure and size arise from developmental mechanisms that are shaped by socioecological
Habitat seasonality provides predictable fluctuations in the environment and resource availability, which impact energy budget allocation. Consequently, seasonal changes in physiology and behavior of animals are often observed.
The best known examples of seasonal brain plasticity are found in some songbirds, where the size of song control nuclei changes in anticipation to the breeding season. For example, in canaries the volume of the HVC increases by 50% from fall to spring, and the robust nucleus of the arcopallium (RA) increases by 43%, leading to a change in overall brain mass of 13%. In food hoarding black-capped chickadees, the hippocampus decreases by 17% during the non-hoarding season, when the spatial cognitive demands of food caching are reduced. Similar processes can also be found in food-hoarding mammals. The males of Richardson’s ground squirrel store food before hibernation, and hippocampal size increases by 15% during that period. Similarly, hippocampus volume increases during the caching period in gray squirrels and chipmunks. Notably, during hibernation ground squirrels exhibit a reversible decrease in hippocampal dendrite arbors, as well as in the number and size of dendritic spines.
The brains of some species of red-toothed shrews (Sorex spp.) decrease in mass from summer to winter by 20% or more, followed by regrowth of ca. 15%.
The change in overall brain size dramatically affects brain architecture across seasons; in a Russian population of shrews, neocortex and hippocampus show the most profound winter decrease compared to other brain regions, while other regions remain stable in size or grow in the spring.
Hmm. And this explains why human brains have been shrinking. They have shrunk by 10% in the last 20,000 years and no doubt that is in no small part a function of our greater control of our environment. We no longer have lean times but can provide stable food supplies and year-round comfort.
And it especially explains Democrats, whose brains are horribly shriveled from a life of zero responsibility...
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I'm not quite sure why there is such strong resistance to the most obvious explanation. That ancient stone columns and walls were primarily used to support ancient wooden roofs. Roofs which have long since perished.
Why all of this crazy speculation? We know that neolithic people built roundhouses. Why would they not also build round temples with stone supports instead of wooden supports for the walls? But wooden roofs, just the same.
Corpse Recycling at Gobekli Tepe: The True Purpose of its Ancient Stone Circles?
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The subject of Money, specifically the Dollar, can be complex due to the fact that people have become accustomed to the idea that Dollars are slips of Printed Paper.
The Dollar is NOT now nor has it ever been a Paper Note; a Dollar is, by legal definition, a coin containing approximately an ounce of fine silver, 20 of these Dollars was equal to an ounce of Gold denominated as 20 Dollars.
Legally, in the U.S. there is absolutely no codified statute that now defines nor has ever legally defined a "one dollar†Federal Reserve Note as the "Dollarâ€, nor even a species of "dollarâ€.
In fact, to prove that Federal Reserve Notes are not, in fact legally defined as "Dollarsâ€, the United States Code provides that all Federal Reserve Notes "shall be redeemed in lawful money on demand at the Treasury Department of the United States or at any Federal Reserve Bank.†Thus, Federal Reserve Notes are not, nor have they ever been "Lawful Moneyâ€, but only Notes that are useful and convenient substitutes for Lawful Money.
Now, given the fact that Federal Reserve Notes are not even "Lawful Moneyâ€, then it is completely illogical and in fact, intellectually inconceivable that they are, in any way, "Dollarsâ€, which is the only way that ALL United States money is expressed and thus codified in Law. It is, of course, easy to see from where the confusion stems just by looking at the history of the subversion of definition. Federal Reserve Notes from Series 1928 through Series 1950E were all inscribed with this Obligation: "The United States of America will pay to the bearer on demand [some number of] Dollars.†Wait, if that's the case then how can gold be "pegged†to Dollars if the definition of Dollars are not nor have they ever legally been Paper Notes? The confusion almost looks intentional doesn't it? Hmmm…
Now, the U.S. Dollar Notes [not FRNs] prior to 1934 carried the inscription: Redeemable in Gold on demand at the U.S.Treasury, or in Gold or Lawful Money at any Federal Reserve Bank.†So, if a dollar Note is NOT a Dollar then what is it and how can an ounce of Gold be "pegged†to something that is, in fact, NOT a Dollar but a Note that is nothing more than a substitute for a Dollar, nothing, in fact, but a receipt for a real Dollar?
Now the really interesting period of definition corruption came with the release of the Series 1963 Notes when the wording, and therefore the assumed definition, was morphed into that looks like it came from the Orwellian 1984 "Doublespeakâ€: "Will pay to the bearer on demand.†The question of course, should be: Will pay WHAT ON DEMAND? The Promise of Redemption just disappeared, never to be seen again and naturally not many people ever questioned why! Good Sheep that they were, and are!
So, this country moved from a sound monetary system to a substitute promissory receipt system to an IOU system that neither paid nor promise to pay the Note face amount in Real Dollars to an IOU system that can't even buy what the face amount promises to buy because of Inflationary Depreciation of the Fiat Money Substitutes.
A point of understanding
should be however, that throughout the metamorphosis of these Notes,
not a single thing has changed nor can they legally be transformed in
their Legal character from mere Notes into Money, they remain receipts
for Money with no promises to pay. It of course, should be obvious that
if Federal Reserve Notes were not Lawful Money (Dollars) when they
promised to pay Lawful Money (Gold) then it is legally and logically
impossible for Federal Reserve Notes to become Lawful Money or
"Dollars†one it no longer promised payment in Lawful Money, nor can
promissory Notes be "pegged†to Lawful Money, it would make no sense.
It's been quite a Con-Job and the crazy thing about it is that even
really smart people have completely been snookered by this monetary
sleight-of-hand
I know, I know that people believe that a piece of paper can be money as if a promise to pay money is itself actually money. Whether a Bank Note or a Government Note, they are nothing but a Note and a Note that makes no real promise and actually imparts no real value in and of itself. It is an odd construction, one that is founded and rests upon a past promise that no longer applies. It is an induced fallacy fostered upon the masses that only benefit the few who control the fallacy.
Tim adds:
Yep. We have psychological money, not anything even remotely attached to real world wealth. It's like a religion; we BELIEVE it is real. And we sacrifice to it, and worship it, and even perform sacraments (like filling out tax forms). In a way money can be viewed as a pagan religion, one fostered and promoted by the United States in direct violation of the Establishment Clause in the First Amendment.
Oh, and speaking of the Constitution, it allows states to coin gold and silver for payment of debts. I think the time has come for our states to start issuing their own coinage as a hedge against the coming collapse.
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October 23, 2021
If you aren't following the Chinese debt crisis, you at least need to know it is there. We will see a huge economic collapse in China, with ripples throughout the world.
Remember the people in Washington believe in never letting a crisis go to waste. We saw what they did with the lockdown. What will they do with an economic crisis that is 2008, but an order of magnitude greater?
You have the perfect storm brewing. Xi is clamping down on the free market. The Chinese companies are completely over-leveraged.
It also looks like Evergrande only bought itself another week with a partial payment.
Tim adds:
Part of the reason the Ruling Class was so desperate to get rid of Trump was his tariffs and other Chinese policies were really squeezing the Chicoms. Trump was emulating what Reagan did to the USSR. The Left had taken great pains to turn China - a third world tyranny - into a global power through sweetheart trade deals and Most Favored Nation status. Shoot, we were STILL giving China "develoopment money" which we were borrowing from them! Mad Halfbright actually said it wasn't good the U.S. was the world's lone superpower and those people set about making China our "balance". But it was all fake and phony. China succeeded because we gave ourselves an economic lobotomy. But now the nudity of the emperor is coming to be seen. China never was the economic monster so many thought it was. It had a roaring economy mainly through money manipulation and our unwillingness to respnd in kind. At any rate the Ruling Class got rid of Trump in no small part because they had carefully laid out this plan with China as the great manufacturing center and now it is going belly up. We are in what is probably the most dangerous period in human history as a result. If you believe China unleashed Covid to hurt the U.S. you ain't seen nothing yet. I fear we are facing worldwide economic collapse and the biggest war in human history will follow. China will not go quietly into that good night.
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Congrats, Taxpayers, You Paid Half a Million $$ to Build a Fence Around Biden's Beach House
Tim adds:
So he ISN'T against building a wall so long as that wall benefits his august self.
Posted by: Timothy Birdnow at
10:46 AM
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