[Majorityrights News] Trump will ‘arm Ukraine to the teeth’ if Putin won’t negotiate ceasefire Posted by Guessedworker on Tuesday, 12 November 2024 16:20.
[Majorityrights News] Alex Navalny, born 4th June, 1976; died at Yamalo-Nenets penitentiary 16th February, 2024 Posted by Guessedworker on Friday, 16 February 2024 23:43.
[Majorityrights Central] A couple of exchanges on the nature and meaning of Christianity’s origin Posted by Guessedworker on Tuesday, 25 July 2023 22:19.
[Majorityrights News] Is the Ukrainian counter-offensive for Bakhmut the counter-offensive for Ukraine? Posted by Guessedworker on Thursday, 18 May 2023 18:55.
In the subsequent elections, the Freedom Party lost votes, but still won a respectable 17.3 percent. It is a major political force and could have been a partner in government. However, the Austrian People’s Party, which won an even greater share than it had in 2017, did not renew the alliance with the nationalists. Instead, Chancellor Kurz formed a coalition government with the far-left Green Party, declaring that “it is possible to protect border [sic] and the climate at the very same time.”
The New York Times approvingly noted that Mr. Kurz had a chance to “remove some of the stain of that association” with the “far right.” The Washington Postwrote that the Greens replacing the Freedom Party means that government officials “are unlikely to engage in discriminatory hate speech, embarrassing corruption affairs, or verbal threats against journalists.”
Austrian conservatives benefit when the so-called “far right” is deplatformed, just as American “center-right” conservatives do, because Austrians who want immigration control and nationalist policies are forced to vote for the “center-right” if the nationalist opposition is crushed.
The campaign against Martin Sellner is an excellent example of this. He is a leader in what is perhaps the most important movement today. He’s brave, intelligent, and married to a beautiful woman who is a notable activist in her own right and a bridge between European and American patriots. It’s therefore not surprising that “center-right” governments are trying to make their life hell.
There is no “free world,” much as some would like us to believe there is. Austria, the United Kingdom, or France are not much better than Russia or China. In some ways, they’re worse, because Russian or Chinese authoritarianism tries to preserve national identity, strength, and stability. The governments of the post-Western world want to dispossess and replace the existing population, and silence or even arrest anyone who disagrees.
America still has the First Amendment. We can defend our rights, but we should have no illusions about what is coming. Our opponents want to muzzle us and make it as hard as possible even to make a living. Conservatism Inc. will not defend us. It will cheer on repression, knowing that it boosts its short-term power. The beast will consume them too eventually, but they won’t wake up until it’s too late. If our people and civilization are to be saved, it’s up to us — and only us.
The hour is late. Do what you can by registering for the upcoming conference and committing to a White Tithe. I’ll have more thoughts about concrete action soon, and I proclaim full solidarity with the Sellners and other persecuted patriots.
About Gregory Hood: Mr. Hood is a staff writer for American Renaissance. He has been active in conservative groups in the US. His work can also be found on: Parler, Minds, Gab, and VK.
Posted by DanielS on Friday, 10 January 2020 05:00.
Although to most people, it is a $1-trillion-a-day credit machine, in which not just banks but hedge funds and other “shadow banks” borrow to finance their trades. Under the Federal Reserve Act, the central bank’s lending window is open only to licensed depository banks; but the Fed is now pouring billions of dollars into the repo (repurchase agreements) market, in effect making risk-free loans to speculators at less than 2%.
Ellen Brown is an attorney, chairman of the Public Banking Institute; author of twelve books including “Web of Debt” and “The Public Bank Solution.”
This does not serve the real economy, in which products, services and jobs are created. However, the Fed is trapped into this speculative monetary expansion to avoid a cascade of defaults of the sort it was facing with the long-term capital management crisis in 1998 and the Lehman crisis in 2008. The repo market is a fragile house of cards waiting for a strong wind to blow it down, propped up by misguided monetary policies that have forced central banks to underwrite its highly risky ventures.
The Financial Economy Versus the Real Economy
The Fed’s dilemma was graphically illustrated in a Dec. 19 podcast by entrepreneur/investor George Gammon, who explained we actually have two economies – the “real” (productive) economy and the “financialized” economy. “Financialization” is defined at Wikipedia as “a pattern of accumulation in which profits accrue primarily through financial channels rather than through trade and commodity production.” Rather than producing things itself, financialization feeds on the profits of others who produce.
The financialized economy – including stocks, corporate bonds and real estate – is now booming. Meanwhile, the bulk of the population struggles to meet daily expenses. The world’s 500 richest people got $12 trillion richer in 2019, while 45% of Americans have no savings, and nearly 70% could not come up with $1,000 in an emergency without borrowing.
Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial.
Paul Volcker’s Long Shadow
“He restored credibility to the Federal Reserve at a time it had been greatly diminished,” wrote his biographer, William Silber. Volcker’s policies led to what was called “the New Keynesian revolution,” putting the Fed in charge of controlling the amount of money available to consumers and businesses by manipulating the federal funds rate (the interest rate at which banks borrow from each other). All this was because Volcker’s “shock therapy” of the early 1980s – raising the federal funds rate to an unheard of 20% – was credited with reversing the stagflation of the 1970s. But did it? Or was something else going on?
Less discussed was Volcker’s role at the behest of President Richard Nixon in taking the dollar off the gold standard, which he called “the single most important event of his career.” He evidently intended for another form of stable exchange system to replace the Bretton Woods system it destroyed, but that did not happen. Instead, freeing the dollar from gold unleashed an unaccountable central banking system that went wild printing money for the benefit of private Wall Street and London financial interests.
The power to create money can be a good and necessary tool in the hands of benevolent leaders working on behalf of the people and the economy. But like with the Sorcerer’s Apprentice in Disney’s “Fantasia,” if it falls in the wrong hands, it can wreak havoc on the world. Unfortunately for Volcker’s legacy and the well-being of the rest of us, his signature policies led to the devastation of the American working class in the 1980s and ultimately set the stage for the 2008 global financial crisis.
The Official Story and Where It Breaks Down
According to a Dec. 9 obituary in The Washington Post:
Mr. Volcker’s greatest historical mark was in eight years as Fed chairman. When he took the reins of the central bank, the nation was mired in a decade-long period of rapidly rising prices and weak economic growth. Mr. Volcker, overcoming the objections of many of his colleagues, raised interest rates to an unprecedented 20%, drastically reducing the supply of money and credit.
The Post acknowledges that the effect on the economy was devastating, triggering what was then the deepest economic downturn since the Depression of the 1930s, driving thousands of businesses and farms to bankruptcy and propelling the unemployment rate past 10%:
Mr. Volcker was pilloried by industry, labor unions and lawmakers of all ideological stripes. He took the abuse, convinced that this shock therapy would finally break Americans’ expectations that prices would forever rise rapidly and that the result would be a stronger economy over the longer run.
Sacha Baron Cohen has courted controversy his entire career, portraying characters, from Ali G and Borat to Bruno, that have pissed off all groups from left to right.
He’s an equal-opportunity offender, but his alter-egos have long served to expose the hypocrisies of society by mocking humanity’s worst tendencies. His 2018 Showtime series “Who Is America?” tackles humankind’s dark side head-on by bait-and-switching real-life figures to catch them in their blind spots. In the show, he got Dick Cheney to sign a waterboarding kit, former chief justice Roy Moore to take a pedophile lie-detector test, and “The Bachelor” star Corinne Olympios to endorse the training of child soldiers on camera.
But at the Anti-Defamation League’s Never Is Now Summit on Anti-Semitism and Hate, Baron Cohen took off his comedy hat when honored with the ADL’s International Leadership Award. He used the platform to deliver a keynote outlining how social media and the information it disseminates have fueled the bigotry dominating the current political moment in the U.S. (Watch full video of the speech below.)
“Yes, some of my comedy, OK probably half my comedy, has been absolutely juvenile and the other half completely puerile,” he said. “I’m just a comedian and an actor, not a scholar. But one thing is pretty clear to me. All this hate and violence is being facilitated by a handful of internet companies that amount to the greatest propaganda machine in history.
“Think about it. Facebook, YouTube, and Google, Twitter and others — they reach billions of people. The algorithms these platforms depend on deliberately amplify the type of content that keeps users engaged — stories that appeal to our baser instincts and that trigger outrage and fear,” Baron Cohen said, adding that “it’s time for a fundamental rethink of social media and how it spreads hate, conspiracies and lies.”
Posted by DanielS on Wednesday, 30 October 2019 12:38.
Stephen Strasburg wins game 6 over Justin Verlander.
If you are going to try to identify with American sportsball, about the only way to do it from a racial standpoint, is to root against or for individual players.
Otherwise it is practically meaningless. One city’s market of uniformed mercenaries from anywhere in the world against another’s.
In fact, hitting star in game 6 for Washington, securing the game with 5 RBI, was third baseman Anthony Rendon.
Rendon was born and grew up in Houston, even went to Rice University.
How White is he? Not sure, but he identifies as a Christian so, we may guess that all are brothers unto Christ, and that’s all the identity that matters.
Ellen Brown is an attorney, chairman of the Public Banking Institute; author of twelve books including “Web of Debt” and “The Public Bank Solution.”
