Thursday, January 17, 2019

Watermelons No More

Watermelons No More
Eco-socialists come out of the closet
By Mark Luedtke
Dayton’s Conspiracy Theorist

If you needed more evidence socialism is suddenly all the rage in political circles, take a look at the greens.
After the fall of the Soviet Union, disgraced socialists raced to find a hiding place. They infiltrated and took over the environmental movement, pretending they were green, not red. That’s how they got the nickname watermelons.
But you don’t have to take my word for it. In his book “Confessions of a Greenpeace Dropout,” Greenpeace co-founder Dr. Patrick Moore explains, “The Cold War was over and the peace movement was largely disbanded. The peace movement had been mainly Western-based and anti-American in its leanings. Many of its members moved into the environmental movement, bringing with them their neo-Marxist, far-left agendas. To a considerable extent the environmental movement was hijacked by political and social activists who learned to use green language to cloak agendas that had more to do with anti-capitalism and anti-globalization than with science or ecology.”
With the surge in support for socialism, these socialists no longer need to hide their true identity. They’ve rebranded their movement eco-socialism. Wikipedia informs, “Eco-socialists advocate dismantling capitalism, focusing on common ownership of the means of production by freely associated producers, and restoring the commons.”
In other words, they plan to steal our property and manage it themselves. Mass stealing is an ideology of violence, and that’s why the eco-socialist movement tends to be violent.
This information also explains why the great anthropomorphic global warming fraud never dies. If socialists can fool enough people into believing manmade CO2 will cause catastrophic global warming, they might succeed at stealing everything.
There’s only one problem: they’re not fooling many people anymore. That’s because the climate keeps contradicting them.
I get a good laugh every time it snows because some fraud once claimed global warming meant the end of snow. But the frauds have doubled down on that prediction. The Arizona Daily Sun EarthTalk column says of skiing, “Our recent modeling suggests that under a high emissions scenario, skiing could be very limited to non-existent in parts of the country by the end of this century, particularly in lower elevations — such as the northeast, Midwest and lower mountains around the West.”
At least they’ve learned to push their predictions out 80 years so we can’t laugh directly in their faces when they’re proved wrong.
A recent study debunked the misinformation regarding sea level rise. Wattsupwiththat.com reports, “Assessing data from a range of sources and previous studies, the team concluded that the movement of the earth – referred to as vertical land motion – is the dominant force behind variations in rates of sea level rise up and down the East Coast, the team reports today in the journal Nature.”
Sea level change is so slow, the land elevates and sinks faster.
To boost theft, the UN recently claimed we only have until 2030 to save the planet. Every time one of these predictions fail, they push the date out.
The costs of green, sorry, eco-socialist, policies, also play a role. The Daily Mail reports, “But using 'eco' settings on washing machines could do us more harm than good – by helping to spread diseases. The NHS [Britain’s National Health Service] recommends a 60C (140F) setting to kill bacteria when washing underwear, towels and linens. However, most machines have an energy-saving setting which operates at just 30C (86F).”
This highlights the decivilizing effect of socialism. Socialism always produces poverty and disease, but today’s hip, young socialists have no clue because they’ve been mis-educated in socialist schools.
Then there’s the problem of disposing of solar panel waste and wind turbines. And the brownouts and rolling blackouts Australians have suffered through.
Fortunately for us The Daily Caller notes, “Despite increasingly apocalyptic warnings from U.N. officials, 2018 has seen a number of high-profile defeats for policies aimed at fighting global warming. Politicians and voters pushed back at attempts to raise energy prices as part of the climate crusade.”
Resistance in Australia, France, Canada, and the US has stymied the frauds.
The yellow vest protests, which started as a revolt against a carbon tax, have spread across Europe and into Canada and Australia. Hard-working people are tired of having their money stolen by greedy socialist rulers - redundant, I know - and are pushing back. Unfortunately, things will get much worse before they get better.

Follow me on Twitter

Monday, January 7, 2019

Don’t Cry for the Titans of Tech

Don’t Cry for the Titans of Tech
Poor and middle class people, not corporations, are being robbed
By Mark Luedtke
Dayton’s Conspiracy Theorist

Maybe you’ve heard the latest news about poor Apple. It’s stock crashed 10 percent Thursday, but the bigger story is what happened over the last few months. CNBC reports, “Thursday's losses push Apple's market valuation below $700 billion and behind the market cap of Alphabet to become the fourth most valuable publicly traded U.S. company — down from the top spot just two months ago. The company has lost $450 billion in market value since its peak of about $1.1 trillion last year.”
And of course the press identifies the reason in their narrative. We’re supposed to believe weaker than forecast iPhone sales in China caused the 41 percent drop in Apple’s market cap.
In a seemingly unrelated story, Bloomberg reports, “Mark Zuckerberg’s multibillion-dollar stock sale ground to a halt in the final months of 2018. The Facebook Inc. co-founder didn’t sell a single share in the fourth quarter, when the social media company’s stock tumbled 20 percent amid a broader market rout. It’s the first quarter in more than two years he’s refrained from doing so, according to data compiled by Bloomberg.”
Of course there’s a reason for Facebook’s stock meltdown, different than Apple’s. In Facebook’s case, the narrative is privacy issues are causing the stock to collapse.
Speaking of the FAANGs - Facebook, Amazon, Apple, Netflix, and Google’s parent company Alphabet - they’ve all been dropping. Weak demand is blamed, but David Stockman, Reagan’s former budget director, issued a prescient warning a year and a half ago. “During the last 70 days, the FAANGS have gained $260 billion in value, while the other 495 companies in the S&P 500 have lost an identical amount. And on that utterly unmistakable pattern history is absolutely clear,” he wrote. “That’s a radical narrowing of the market if there ever was one. It’s also evidence that the eye of a financial hurricane now sits dead atop the canyons of Wall Street. When the market narrows to a handful of momo names, it’s all over but the shouting. Like the case of the Nifty Fifty back in the early 1970s, a crash is just around the corner.”
It’s as if the people writing these articles don’t know this same situation has occurred before many times. Maybe they never heard of the dot.com crash of 2001 or the housing crash of 2008. The common denominator in these articles is they all fail to mention tech stocks, and everything else, are in the biggest bubble in history created by the Federal Reserve, and that bubble is collapsing.
The same scenario is happening all over the world for the same reason: Central banks have been printing money in concert like never before. They’ve created a worldwide bubble, the biggest in history. The coming crash will be the biggest in history. Apple, Facebook, and all the FAANGs stocks are falling because the bubble is bursting.
But don’t cry for Cook, Zuckerberg or any of the rest of the tech titans. They’ll still have billions after the wreckage. The real victims of central bank printing are poor and middle class people.
After ten years of hearing fake news about a recovery from the last bubble-crash, CBS News recently published an honest story about the consequences. “A decade after the financial crisis, the U.S. economy seems to be firing on all cylinders, with unemployment at a 50-year low and growth hitting its stride. But a deeper look reveals a more troubling picture: Between 2012 and 2015 -- a period when the recovery seemed to be gaining speed -- nearly half of all counties nationwide saw flat or declining growth, according to new government data,” it admitted.
Except for those who never leave the big city, we’ve all seen places the supposed recovery never reached. That’s because half of the country never recovered.
In fact, the recovery for the other half is an illusion. Here’s how it works: The Federal Reserve, or any central bank in any country, prints a bunch of money and hands it out to the big banks. Not backed by anything, the money is essentially counterfeit except by law. The big banks counterfeit more money and hand it out to commercial banks. That money tends to go into the coffers of big corporations like the FAANGs first, then it trickles down to rulers and their cronies. Banks, corporations, and rulers at every level amass wealth with the counterfeit money, and they create temporary jobs that are touted as part of the economy recovery.
But people who don’t receive the counterfeit money early - most of us - become poorer. It’s the same as if you printed a bunch of perfect counterfeit money and gave it to your friends. You and your friends would amass real wealth, but everybody else would become poorer because of it. It’s invisible theft. Eventually, when you’ve stolen too much, the bubble bursts.
This is how the rich get richer while the poor get poorer and income inequality grows.
Central bank counterfeiting also sucks wealth out of the economy into wasteful projects. Soon we’ll see more empty factories, shopping centers, condos, half-developed housing developments, and other unfinished projects join the rubble we already see from previous bubble-bust cycles.

Follow me on Twitter