DNC Chair Debates Discuss Contemptment For White People – YouTube: the previous chair was taken down due to her unethical use of office, aka: corruption. There is no head of the DNC which is running around like the proverbial chicken minus head. If the Democrats double down on the Identity Politics, they will be long in the wilderness. And white women better wake up: attacking white men is highly self-destructive. First white men are shoved down then…white women.
Working class and now upper intelligencia wages are dropping like a rock and a flood of illegal aliens coupled with very generous legal aliens coming in (which I approve of legal aliens who have good skills) has caused wages in many areas to collapse.
Couple this with removing our factories to foreign countries like China and Mexico and the wages of the working class are catastrophically collapsing. ‘Let them eat cake’ attitudes on the left amaze me for once upon a time long ago, the left was all about protecting workers and helping them negotiate higher wages.
The US cannot run trade deficits forever. When I talk about trade deficits with young people who were born in the ‘trade deficit’ milieu, they hotly tell me, ‘Who cares?’ Well, Reality is going to knock hard on the door of Delusion one fine day.
NO nation can carry eternal trade deficits forever. Want to Rev Up the Economy? Don’t Worry About the Trade Deficit – The New York Times wrote this insanity last December after their goddess lost the election. What the hell? Professor Mankiw of Harvard writes:
A major theme of the report is concern about the trade deficit. In recent years, American imports have exceeded exports by about $500 billion a year. Mr. Navarro and Mr. Ross argue that if better policies eliminated this “trade deficit drag,” gross domestic product would be higher and more people would be employed.
That conclusion is correct, but only in a superficial sense. Gross domestic product is, by definition, the sum of consumption spending, investment spending, government purchases and the net exports of goods and services. If net exports rose from their current negative value to zero, and the other three components stayed the same, domestic production would increase and, consequently, so should employment.
The most important lesson about trade deficits is that they have a flip side. When the United States buys goods and services from other nations, the money Americans send abroad generally comes back in one way or another. One possibility is that foreigners use it to buy things we produce, and we have balanced trade. The other possibility, which is relevant when we have trade deficits, is that foreigners spend on capital assets in the United States, such as stocks, bonds and direct investments in plants, equipment and real estate.
In practice, these capital inflows from abroad have been large. Net foreign ownership of American capital assets has risen to about $8 trillion from $2.5 trillion at the end of 2010. American companies moving production overseas get a lot of attention, but this data shows that capital has, over all, moved in the opposite direction.
This insane article is proof the Bilderberg gang is out to destroy our sovereignty and our lives. Liberals buy this clap trap economic explanation. We are SELLING EVERYTHING TO FOREIGNERS!!! Goodie gum drops, foreigners get to own everything here? That is GOOD???
‘Production’ which is productive, moves overseas and then the profits come here to buy real estate and systems here so our businesses here are all owned by foreigners who pocket the profits? Hello! This is how capitalists colonized the world way back starting in 1600.
What did they call workers during the Imperial program to conquer the world and take over foreign lands? Oh, ‘slavery’ and ‘exploitation’ and ‘profit’. Right? Professor Mankiw cannot show any historical example of running trade deficits forever that works. All empires trying to do this, collapse and when they fall, the fall lasts for hundreds of years.
Examples abound and a huge example is Spain which fell from top of the world to the bottom, rising hugely in power from 1492 to full collapse by 1750. Invaded by Napoleon in 1800.
Pentagon Reports ISIS Air War Costs Up to $11 Billion — News from Antiwar.com reports. Yes, we are fighting more and more not less and less. This is the fault, so far, of the Democrats working with the GOP Congress to have endless, futile wars that make us deeper in debt for the government debt has ballooned right alongside the trade deficit.
Julian Assange says Obama is making ‘life hard’ for him and I think he is having a nervous breakdown due to liberals attacking him now after petting him for so many years. I feel sorry for him being in the crosshairs but this is the price one pays when taking any positions in the world.
Le Pen sees year of ‘awakening’ as Europe nationalists meet because even the very ernest liberals are beginning to figure out they screwed up badly and time is running out to change direction. Hard core liberals will continue suicidal policies but voters will run from them.
As I have pointed out all year, even liberals will vote for conservatives when they get hit directly by the collapsing political structures. Why do ‘liberals’ want unlimited immigration and free trade? It destroys the working class which normally is teamed up with cultural liberals.
Kultur Kampf people have to have something else to form alliances. Killing off the unions and destroying manufacturing jobs=workers getting very pissed off. It doesn’t make a good alliance at all.
Roland Peterson, a Swedish politician from Kalmar, was appalled by Donald Trump’s position on climate change, which he infamously claimed to be a ‘Chinese hoax’.
The left wing embraced global warming right when we began to slide into another 30 year cold cycle. Allowing China, for economic reasons, to build endless coal power plants while ordering Europe and the US to cease burning coal, was insane.
IF we are ‘going to roast to death’ letting the Chinese do this while freezing us all is insane. Liberals have hitched their horses to the global warming wagon and as I warned last year, this will cause the liberals to go down in defeat in Europe and America for freezing to death is very much a powerful force for changing course.
These headlines clearly show how liberalism is dying: their hatred is so intense, they stupidly act like right wing Nazis. Calling women and children names, making fun of people’s appearances and sex, this SELF-HATING is backfiring.
For years now, the rest of the voters endured constant punishments and attacks by left wing social warriors and now the shoe is pinching the SJW team. They are what they wailed about: racist, sexist and cruel.
How stupid is this? I warned about this for over a year, too. It is infuriating and worse, it backfires. All the Hollywood creeps have alienated half of their audience and this will show up over time as voters carry a grudge against Hollywood.
TV revenues from football fell this year due to football players and media giants dissing the flag, etc. How long will this pain go on? Until bankruptcy, of course. Cultural hysteria is highly toxic. Any leftists who want cultural change should understand, attacking everyone, censoring people, threatening people backfires.
The US Dollar Is Now Overvalued Against Almost Every Currency In The World | Zero Hedge reports. Yes, there is something going on here: everyone has trade surpluses with the US and to keep this, they ALL devalue their own currencies vis a vis the dollar! DUH. I wish our rulers would heed this iron rule: if your goal is to shut down industries in a country, the way to do this is devalue the currency and then flood their home markets with your ‘cheaper’ goods. DUH. This is tiresome.
India’s Prime Minister Narendra Modi announced on 8th November 2016 that Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes would no longer be legal tender.
India has inflation and it has another thing: overpopulation. Unlike China which rapidly got richer as it opened up markets, it has good birth controls. Also it doesn’t allow immigration so wages are not dropping. India has neither and I said years ago, China will fly ahead of India as it exports its way to power.
The Muslim nations with all their natural resources, are crashing into the overpopulation wall and it is turning all Muslim nations into meat grinders. Ordering us all to take in all the humans being churned out due to forbidding birth control, is impacting Europe and America heavily.
Ditto goes for Catholic South American/Mexican cultures: the Catholic Church also forbids birth control. The fix is obvious and they refuse this fix. Do we have to commit cultural and economic suicide because other countries refuse to do the obvious? Of course not.