The Bankrupt States of America

22 Wednesday Apr 2020

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Mitch McConnell looks more and more like an escapee from the Muppet ranch every day. And, today, he’s suggesting that the several states file for bankruptcy.

Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout.

“I would certainly be in favor of allowing states to use the bankruptcy route,” he said Wednesday in a response to a question on the syndicated Hugh Hewitt radio show. “It’s saved some cities, and there’s no good reason for it not to be available.”

Perfect sense, really. The poor students are just screwed. The banks are “too big to fail.” Why not let the states shaft pensioners and all. Maybe the Federal Reserve could do the same – they’d get off free and easy (as usual) while we all get to keep our “fair share” of the debt we owe to ourselves. Brilliant! Statler and Waldorf, make room in the balcony.

Good News! 2020 Should Be a Better Year For Flooding – Accuweather

That means less floods than we saw, nationally, in 2019. The good meteorological masters ast Accuweather crafted a map of the most at-risk locations this year. Would you believe that most of them are in or near major river valleys?! True. Take a look. The best part is that, unlike a Chinese virus, one can still visually observe the waters rising. “How high’s the water, momma?” Now, I have that song stuck in my head…

With eleven more stories and that cool video!

Boy, Do I Feel Better

21 Tuesday Apr 2020

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You know, as strange as things have been lately I was thinking there was some sort of crisis going on. It’s good to know the pleasant truth now. It turns out that they’re running an Atlas Shrugged mini-series on the TeeVee! That explains why Steve Mnuchin, playing Wesley Mouch, is rattling on every day like he is. It’s all play-acting. However, I do recall there was more to the book than just the lies of the Bureau of Economic Destruction and National Hoaxes. It sure is dragging on a long time too. Then again, I guess screen productions have to be a little different. I suppose Donald Trump is Dr. Stadler?

Negative Oil Pressure

20 Monday Apr 2020

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So, West Texas Intermediate crude just (if briefly) traded in NEGATIVE territory – meaning nobody wants the oil and they have to pay people to take it. Free-loading Amerikants might think that’s a good deal, especially for gasoline. And, it will be – while current supplies last. Then, we find out what happens when there is no profit in gas or oil at any price. My guess is that it means a shortage.

It’s like when you’re driving and the oil gauge drops to zero. Either the gauge is broken, or else your engine is about to seize.

This may be just as well as Amerikants have nowhere to drive and nothing to do there anyway. Interesting times.

The BIG Corona Winner: Government

19 Sunday Apr 2020

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The Empire, ahead of its impending fall, has suddenly, instantly, and without opposition grown by leaps and bounds. Who could have ever foreseen this???

Government also has changed personal behavior, recommending and in some cases ordering people to stay home, practice social distancing and wear masks outdoors, in some places under threat of fines or penalties. Coming next is likely to be contact tracing, an effort to track people exposed to the virus that could invade the privacy of all Americans.

So far, Washington has authorized more than $2.35 trillion to prop up suffering workers and industries and supply an overwhelmed health care system, with another round of spending likely coming soon. Meanwhile, the Federal Reserve has resurrected and expanded its playbook from the 2008 financial crisis, pumping an estimated $4 trillion into the economy.

More spending could be required in the future to patch the holes the pandemic has revealed. The nation also is likely to need higher taxes — and not just on the wealthiest — to help repay the gigantic debt Washington is incurring to rescue the economy and workers.

Recently, but before Corona Mania hit, someone I admire wrote that the coming (2020) political battle would be between conservatives and socialists. At the time, I thought, “Then, congratulations, socialists!” But then, the conservatives didn’t even show up. So, congratulations, socialists! Enjoy your hoax victory while it lasts. Time is tick, tick, ticking away, virus or no virus.

A Question and a Tip

19 Sunday Apr 2020

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What is the American Dream in 2020? I think we’re all past the point in believing in a nice little house (maybe any house) and the two kids (or even any human relationship). All that has been completely killed by the ancient enemy and, if we’re honest, by us. At least by the older generations. Thanks, assholes!

So, what is it today? Getting that stimulus welfare check and wearing a mask to Walmart to fight over toilet paper? This isn’t a dream. It’s become a reality. It’s a nightmare.

Anyway, I just learned that, like everything else, one of my favorite places, the Smokey Mountains National Park, is closed … until. This reminds me of the closure back in the 90s when the Republicrats couldn’t issue enough debt fast enough and decided to punish the people. Then, as I suspect now, the fact that the gates are closed does not mean that one can’t go in and hike or camp. I discovered that there was no force field absolutely prohibiting entry. Best of all, the crowds are gone and no pesky rangers will stoop around your site. There have been no virus sightings in the hills. So, maybe that’s the place to go. About the only dream that’s left. Happy hiking.

Government School = Public Health Information Repression

18 Saturday Apr 2020

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And threats of illegal arrests.

A family in Oxford, Wisconsin, is suing the local sheriff’s department after a patrol sergeant threatened to arrest a teenage girl for disorderly conduct for posting on Instagram about being infected with COVID-19.

Amyiah Cohoon, 16, is a student at Westfield Area High School in Westfield, Wisconsin. According to this lawsuit, she and schoolmates went to Disney World and Universal Studios in Florida for a spring break trip in early March, right as the coronavirus was beginning to spread and businesses began to shut down. She and her classmates canceled the trip early and returned home.

Once home, Cohoon began developing symptoms associated with COVID-19. She sought medical assistance, but at the time they were unable to test her to see if she was infected. She was diagnosed with an upper respiratory infection with “symptoms consistent with COVID-19,” according to the lawsuit.

HERE’S THE LAWSUIT

I’m not quite sure why she didn’t lump the “school” in with the SS officers. Anyway, here’s hoping she never returns to that pile of satanic idiocy. This, and MUCH more, will be featured in my education-themed TPC article next week. It’s going to be huge and possibly one of my final words on the failed Amerikan schools – if you don’t know by now…

Yes, I Have Noticed

17 Friday Apr 2020

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Have you? Michael Snyder noticed: Have You Noticed How Much Delight They Are Taking In Shutting Down Churches All Over The United States?

Every American should be deeply alarmed by the precedent that is being set right now. If our churches can be shut down any time an “emergency” comes along, and if the bar for declaring an “emergency” just keeps getting lower and lower, it creates the potential for a whole lot of abuse by tyrants both big and small in the days ahead.

Abortion clinics are essential and open, churches are dangerous and closed.

I’ve also noticed that most Amerikans haven’t done a thing about it and that most of the churches willingly went along.

Time to Dethrone the Elites

17 Friday Apr 2020

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PCR is on it again, correctly diagnosing the underlying problem and proposing reasonable solutions.

The bank and corporate bailouts are an opportunity to fix the economy in other important ways. In effect, the bailouts amount to nationalization. The government should accept the ownership that it is purchasing. Then the government can break up the “banks too big to fail” and separate investment from commercial banking without having to pass new Glass-Steagall legislation and without having to battle against financial lobbying in Congress. Once broken up, the banks could be sold off. This would take enormous vulnerability out of the financial system and restore financial competition. With corporations in government hands, the jobs could be brought home from overseas. The middle class would be restored.

These measures together with a debt writedown would restore consumer purchasing power. Pent-up demand would propel the economy to higher growth as occurred following World War II.

This is a real solution to a real problem. But with the One Percent in charge of the problem, we are not going to get a real solution. We are going to get more money used to push up prices of financial assets and paper over unsustainable debt and a dying economy with an artificially-inflated stock market.

The elite have failed us too many times. It is time to dethrone them.

It’s worse than feudalism. The feudal lords were obligated to protect and promote their serfs. This is more like old-school American slavery. Land of the fee, home of the slave.