newswars--2020-07-06--The Social Consequences of Zero Interest Rates

Anyone who has ever been to Japan knows : Japan is special .
The country has many strange habits .
The Japanese culture is simply different and many peculiarities are hardly understood in the West .
But it ’ s not only the old established traditions that are foreign to us Westerners .
Just as disturbing are social developments such as the increasing tendency of Japanese people to overwork , parasite singles who isolate themselves , or the existence of platonic relationships in which people are paid to hold hands .
All of these phenomena are indeed odd and are @ @ @ @ @ @ @ .
However , few people are aware that there is probably a deeper reason for these curiosities , namely an economic one : zero and negative interest .
What You See and What You Do Not See Generally speaking , Japan is still considered not to be greatly affected by its decades-long zero interest policy .
As we discussed in our German webinar with Professor Gunther Schnabl on Japanization in Europe , by taking a closer look , one does indeed see deteriorating phenomena in Japan .
Certainly , the land of the @ @ @ @ @ @ @ today .
However , as the French economist Frederic Bastiat already knew , for an overall assessment it is not only what you see but also what you do not see that is relevant .
So the question is , where would Japan be today without zero interest rates ?
In fact , Japan has lost one thing above all in recent decades : economic power and economic culture .
The latter has not so much been lost as it has changed dramatically .
In the 1960s to 1980s , Japan caught up @ @ @ @ @ @ @ economic growth of this period was to go down in the history books as Japan ’ s postwar economic miracle .
During this phase , Japanese companies in particular became increasingly feared international competitors .
They knew how to take over key technologies from abroad , improve them continuously , and conquer international market share step by step .
Due to this work philosophy of continuous improvement , known in Japanese as kaizen , companies such as Sony , Panasonic , Toyota , or Mitsubishi were soon feared worldwide .
While it was @ @ @ @ @ @ @ West , the West soon felt the need to emulate Japanese companies , given the innovative creativity that these large companies displayed.But then , all of a sudden , things turned out differently , to the worse for Japan .
At the beginning of the 1990s , interest rate policy in Japan increasingly moved toward the zero lower bound .
Three decades later , the country is still stuck in a zero interest rate trap and the magic and innovative power of Japanese companies has diminished considerably .
In the international context , @ @ @ @ @ @ @ or Chinese counterparts , or at least they are no longer as feared as they used to be .
Innovation ultimately has a lot to do with time preference in economic terms .
Real innovations often only pay off years later , which is why innovative companies have to be prepared for a long haul .
Zero interest rates counteract the power of innovation , because they almost always go hand in hand with higher time preference .
The fact that Japanese companies are hardly feared by global competition today is probably largely @ @ @ @ @ @ @ Japan ’ s long-standing zero interest rates .
Today , people generally speak of the lost decades that Japanese companies have fallen victim to .
The opportunity costs of this zero interest rate policy are also reflected in the dwindling innovative strength and productivity .
It is hard to imagine where Japan would be today if the Japanese economy had been spared the burden of zero and negative interest rates .
Instead , Japan ’ s “ innovations ” seem to be located in consumer-oriented , rather bizarre fields today .
The platonic @ @ @ @ @ @ @ ” Today Japan is also a pioneer in dolls , which Japanese men mainly use as sex dolls but also as relationship substitutes .
Also , an “ emerging ” market in renting a substitute father or friend can be found in Japan .
If you do not want to go out alone , you can rent a companion .
Or you can rent a whole family to be able to fake enough visitors at your personal graduation party .
Such “ market offers ” are ultimately an expression of the current market @ @ @ @ @ @ @ geared toward consumption and short-termism for decades due to zero interest rates .
It is only logical for entrepreneurs to adjust their offers accordingly .
This consumer-oriented “ instant attitude ” is also reflected in the large number of vending machines that exist in Japan .
Today , the country has the highest density of these devices ; there is one vending machine for every twenty-three people .
The zero and negative interest rates have not only paralyzed the innovative power of Japanese companies , but in the same breath they have also @ @ @ @ @ @ @ to the lost decades , one also speaks of Japan ’ s lost generation .
Younger people in particular have been hit the hardest .
As recently as 1992 , 80 percent of young Japanese workers had a regular job .
In 2006 , half of all young workers were in part-time jobs with lower wage levels .
Only 2 percent of nonregular workers in Japan move to regular work each year .
Most of today ’ s young workers are unlikely to find a regular job .
Haken is the term used @ @ @ @ @ @ @ few young people have therefore completely cut themselves off from the world of work , an inglorious trend known in Japan under another popular term called hikikomori .
At the same time , people are withdrawing more and more from civil society and the public sphere into their own four walls .
Unofficial speculations suggest that this phenomenon , described as cocooning , now affects up to 10 million Japanese .
So while some Japanese are retreating , others are working themselves to death .
According to the Organisation for Econommic Co-operation and @ @ @ @ @ @ @ sleep less than their colleagues in other Western economies , averaging 442 minutes per twenty-four hours .
In the USA , for example , this average is 528 minutes .
A sad example was set by the young Japanese woman Matsuri Takahashi , who took her own life at the age of twenty-four and worked well over a hundred hours a week for months before her death .
She thus became the face of this phenomenon known as karoshi.Here in the West all of these phenomena , above all karoshi , are justifiably @ @ @ @ @ @ @ wants to or can understand that in Japan no one would really do anything against this .
But again , people here in the Western world generally forget that these problems have precisely the deeper root described in this article .
Zero and negative interest rates are a reality in Europe and will soon be in the US as well .
It should not be expected that we will necessarily be immune to simlar developments to those in Japan .
In the West , the first “ signs of resignation ” are beginning @ @ @ @ @ @ @ younger generations .
A growing proportion of them seems to be subconsciously realizing that they have to adjust to an increasingly stagnant life .
The anger and frustration are then directed either at the condemned turbocapitalism , against which more and more people take to the streets in demonstrations .
Or people give themselves over to various new forms of nihilism , such as the “ Tide Pod Challenge , ” popular a few years ago .
This consisted of swallowing detergent pods and resulted in a few lost lives , at least @ @ @ @ @ @ @ not warning signs , what is ?
Strange trends are happening in Japan , and they are about to increasingly happen in Europe and the US .
As a matter of fact , these consequences of the zero and negative interest rate policy of today will have to be discussed more intensively , or else people ’ s growing hatred of people will be directed at the wrong culprits .
In addition to the economic consequences , the social consequences must be taken into account , as these often weigh more heavily in @ @ @ @

Anyone who has ever been to Japan knows: Japan is special. The country has many strange habits. The Japanese culture is simply different and many peculiarities are hardly understood in the West.
But it’s not only the old established traditions that are foreign to us Westerners. Just as disturbing are social developments such as the increasing tendency of Japanese people to overwork, parasite singles who isolate themselves, or the existence of platonic relationships in which people are paid to hold hands. All of these phenomena are indeed odd and are generally attributed to the peculiar Japanese culture. However, few people are aware that there is probably a deeper reason for these curiosities, namely an economic one: zero and negative interest.
What You See and What You Do Not See
Generally speaking, Japan is still considered not to be greatly affected by its decades-long zero interest policy. As we discussed in our German webinar with Professor Gunther Schnabl on Japanization in Europe, by taking a closer look, one does indeed see deteriorating phenomena in Japan.
Certainly, the land of the rising sun is still a rich country today. However, as the French economist Frederic Bastiat already knew, for an overall assessment it is not only what you see but also what you do not see that is relevant. So the question is, where would Japan be today without zero interest rates?
In fact, Japan has lost one thing above all in recent decades: economic power and economic culture. The latter has not so much been lost as it has changed dramatically. In the 1960s to 1980s, Japan caught up economically with the Western world. The economic growth of this period was to go down in the history books as Japan’s postwar economic miracle.
During this phase, Japanese companies in particular became increasingly feared international competitors. They knew how to take over key technologies from abroad, improve them continuously, and conquer international market share step by step.
Due to this work philosophy of continuous improvement, known in Japanese as kaizen, companies such as Sony, Panasonic, Toyota, or Mitsubishi were soon feared worldwide. While it was previously the Japanese companies that copied the West, the West soon felt the need to emulate Japanese companies, given the innovative creativity that these large companies displayed.But then, all of a sudden, things turned out differently, to the worse for Japan. At the beginning of the 1990s, interest rate policy in Japan increasingly moved toward the zero lower bound. Three decades later, the country is still stuck in a zero interest rate trap and the magic and innovative power of Japanese companies has diminished considerably. In the international context, they can hardly keep up with American or Chinese counterparts, or at least they are no longer as feared as they used to be.
Shifting Preferences
Innovation ultimately has a lot to do with time preference in economic terms. Real innovations often only pay off years later, which is why innovative companies have to be prepared for a long haul. Zero interest rates counteract the power of innovation, because they almost always go hand in hand with higher time preference. The fact that Japanese companies are hardly feared by global competition today is probably largely due, albeit not monocausally, to Japan’s long-standing zero interest rates.
Today, people generally speak of the lost decades that Japanese companies have fallen victim to. The opportunity costs of this zero interest rate policy are also reflected in the dwindling innovative strength and productivity. It is hard to imagine where Japan would be today if the Japanese economy had been spared the burden of zero and negative interest rates.
Instead, Japan’s “innovations” seem to be located in consumer-oriented, rather bizarre fields today. The platonic relationship offers are only one “invention.” Today Japan is also a pioneer in dolls, which Japanese men mainly use as sex dolls but also as relationship substitutes. Also, an “emerging” market in renting a substitute father or friend can be found in Japan. If you do not want to go out alone, you can rent a companion. Or you can rent a whole family to be able to fake enough visitors at your personal graduation party.
Such “market offers” are ultimately an expression of the current market situation in Japan, which has been geared toward consumption and short-termism for decades due to zero interest rates. It is only logical for entrepreneurs to adjust their offers accordingly. This consumer-oriented “instant attitude” is also reflected in the large number of vending machines that exist in Japan. Today, the country has the highest density of these devices; there is one vending machine for every twenty-three people.
Society Suffers
The zero and negative interest rates have not only paralyzed the innovative power of Japanese companies, but in the same breath they have also affected the working population. In reference to the lost decades, one also speaks of Japan’s lost generation.
Younger people in particular have been hit the hardest. As recently as 1992, 80 percent of young Japanese workers had a regular job. In 2006, half of all young workers were in part-time jobs with lower wage levels. Only 2 percent of nonregular workers in Japan move to regular work each year. Most of today’s young workers are unlikely to find a regular job. Haken is the term used in Japan for these part-time jobs.Quite a few young people have therefore completely cut themselves off from the world of work, an inglorious trend known in Japan under another popular term called hikikomori. At the same time, people are withdrawing more and more from civil society and the public sphere into their own four walls. Unofficial speculations suggest that this phenomenon, described as cocooning, now affects up to 10 million Japanese.
So while some Japanese are retreating, others are working themselves to death. According to the Organisation for Econommic Co-operation and Development (OECD), Japanese workers sleep less than their colleagues in other Western economies, averaging 442 minutes per twenty-four hours. In the USA, for example, this average is 528 minutes.
A sad example was set by the young Japanese woman Matsuri Takahashi, who took her own life at the age of twenty-four and worked well over a hundred hours a week for months before her death. She thus became the face of this phenomenon known as karoshi.Here in the West all of these phenomena, above all karoshi, are justifiably met with great incomprehension. Nobody really wants to or can understand that in Japan no one would really do anything against this. But again, people here in the Western world generally forget that these problems have precisely the deeper root described in this article.
Zero and negative interest rates are a reality in Europe and will soon be in the US as well. It should not be expected that we will necessarily be immune to simlar developments to those in Japan. In the West, the first “signs of resignation” are beginning to appear, particularly among millennials and younger generations. A growing proportion of them seems to be subconsciously realizing that they have to adjust to an increasingly stagnant life.
The anger and frustration are then directed either at the condemned turbocapitalism, against which more and more people take to the streets in demonstrations. Or people give themselves over to various new forms of nihilism, such as the “Tide Pod Challenge,” popular a few years ago. This consisted of swallowing detergent pods and resulted in a few lost lives, at least in the US.
If these are not warning signs, what is? Strange trends are happening in Japan, and they are about to increasingly happen in Europe and the US. As a matter of fact, these consequences of the zero and negative interest rate policy of today will have to be discussed more intensively, or else people’s growing hatred of people will be directed at the wrong culprits. In addition to the economic consequences, the social consequences must be taken into account, as these often weigh more heavily in the long term.


newswars--2020-07-06--Chinese Ambassador Warns UK of “Consequences” Over Hong Kong Rhetoric

Britain had previously taken aim at the recently passed national security law for Hong Kong .
The Chinese envoy to the UK retorted that “ the UK has no sovereignty , jurisdiction or right of supervision over Hong Kong.
” Liu Xiaoming , the Chinese ambassador to the UK , has warned Britain against “ making China a hostile country ” , saying otherwise it will have to “ bear consequences.
” Liu referred to Hong Kong as a territory that is “ no longer under colonial rule ” but that is part of China , expressing hope that the @ @ @ @ @ @ @ Asian country ’ s internal affairs .
He contended that the country would in no way “ brook any external interference ” , and that no one should underestimate China ’ s determination to safeguard its sovereignty .
The UK has opposed the adoption of the new Hong Kong Security Law , with Prime Minister Boris Johnson denouncing the legislation for breaching the Sino-British Joint Declaration .
The ambassador tweeted in response in early July that “ the UK has no sovereignty , jurisdiction or right of “ supervision ” over Hong Kong @ @ @ @ @ @ @ Kong issues are China ’ s internal affair alone and no business of the outside world .
In response , the United Kingdom moved to offer UK citizenship rights to nearly 3 million British Nationals Overseas ( BNO ) in Hong Kong and their immediate families , providing them opportunities to live in the UK for five years and then apply for settled status and citizenship .
The move prompted criticism from Beijing , which blasted the UK for its attempt to get involved in the internal affairs of a sovereign country .
@ @ @ @ @ @ @ China “ reserves the right to take corresponding countermeasures ” .
The national security law for Hong Kong was unanimously passed on 30 June by the top Chinese legislative body , the standing committee of the National People ’ s Congress ( NPC ) , and later signed by President Xi Jinping .
The law aimed at boosting security and safety is seen by some Hong Kong residents as a violation of their liberties as it bans secessionist , subversive , and terrorist activities , as well as any form of foreign interference @ @ @ @ @ @ @ reportedly been offered a set of plausible reasons to back out of his previous decision to allow Chinese telecoms giant Huawei to play a limited – up to 35 percent – role in the rollout of the UK ’ s 5G infrastructure and more specifically , supply some “ non-core ” components to this end .
The UK has reportedly been weighing the prospect of backtracking on its decision earlier this year to give Huawei access to the UK domestic telecoms market .
Liu suggested it ’ s up to the UK if @ @ @ @ @ @ @ price for lower quality ” and asserted that an agreement on Huawei “ is a win-win example of UK-China collaboration.
” Whitehall has since been pressed by its western allies , primarily the US , to reconsider , with Washington citing “ security backdoors ” in Huawei equipment that could allegedly be used by Beijing – claims the Chinese side has vehemently denied .
Real Americans are the scourge and true threat to the life ’ s work of the Neo-Globalist elites .

Britain had previously taken aim at the recently passed national security law for Hong Kong. The Chinese envoy to the UK retorted that “the UK has no sovereignty, jurisdiction or right of supervision over Hong Kong.”
Liu Xiaoming, the Chinese ambassador to the UK, has warned Britain against “making China a hostile country”, saying otherwise it will have to “bear consequences.”
HK Legislation
Liu referred to Hong Kong as a territory that is “no longer under colonial rule” but that is part of China, expressing hope that the UK won’t interfere in the Asian country’s internal affairs.
He contended that the country would in no way “brook any external interference”, and that no one should underestimate China’s determination to safeguard its sovereignty.
The UK has opposed the adoption of the new Hong Kong Security Law, with Prime Minister Boris Johnson denouncing the legislation for breaching the Sino-British Joint Declaration. The ambassador tweeted in response in early July that “the UK has no sovereignty, jurisdiction or right of “supervision” over Hong Kong whatsoever”, and stressed that Hong Kong issues are China’s internal affair alone and no business of the outside world.
In response, the United Kingdom moved to offer UK citizenship rights to nearly 3 million British Nationals Overseas (BNO) in Hong Kong and their immediate families, providing them opportunities to live in the UK for five years and then apply for settled status and citizenship. The move prompted criticism from Beijing, which blasted the UK for its attempt to get involved in the internal affairs of a sovereign country. Foreign ministry spokesman Zhao Lijian said that China “reserves the right to take corresponding countermeasures”.
The national security law for Hong Kong was unanimously passed on 30 June by the top Chinese legislative body, the standing committee of the National People’s Congress (NPC), and later signed by President Xi Jinping. The law aimed at boosting security and safety is seen by some Hong Kong residents as a violation of their liberties as it bans secessionist, subversive, and terrorist activities, as well as any form of foreign interference in Hong Kong.
Huawei Deadlock
Johnson has now reportedly been offered a set of plausible reasons to back out of his previous decision to allow Chinese telecoms giant Huawei to play a limited – up to 35 percent – role in the rollout of the UK’s 5G infrastructure and more specifically, supply some “non-core” components to this end.
The UK has reportedly been weighing the prospect of backtracking on its decision earlier this year to give Huawei access to the UK domestic telecoms market. Liu suggested it’s up to the UK if it opts to pay a “higher price for lower quality” and asserted that an agreement on Huawei “is a win-win example of UK-China collaboration.” Whitehall has since been pressed by its western allies, primarily the US, to reconsider, with Washington citing “security backdoors” in Huawei equipment that could allegedly be used by Beijing – claims the Chinese side has vehemently denied.
Real Americans are the scourge and true threat to the life’s work of the Neo-Globalist elites.


newswars--2020-07-06--Europe’s Bailouts Risk a Full-Blown Financial Crisis

The measures implemented by governments in the eurozone have one common denominator : a massive increase in debt from governments and the private sector .
Loans lead the stimulus packages from Germany to Spain .
The objective is to give firms and families some leverage to pass the bad months of COVID lockdowns and allow the economy to recover strongly in the third and fourth quarters .
This bet on a speedy recovery may put the troubled European banking sector in a difficult situation .
Banks in Europe are in much better shape than they were in 2008 , but @ @ @ @ @ @ @ and ready to take billions of higher-risk loans .
European banks have reduced their nonperforming loans , but the figure is still large at 3.3 percent of total assets according to the European Central Bank .
Financial entities also face the next two years with poor net income margins due to negative rates and a very weak return on equity .
The two most important measures that governments have used in this crisis are large loans to businesses partially guaranteed by the member states and significant jobless subsidy schemes to reduce the burden @ @ @ @ @ @ @ in the large European nations are under a subsidized jobless scheme according to Eurostat and Bankia Research .
Loans that add up to 6 percent of the eurozone ’ s GDP have been granted to allow businesses to navigate the crisis .
So , what happens if the recovery is weak and uneven and the third and fourth quarter growth figures disappoint , as I believe will happen ?
First , the rise in nonperforming loans may elevate the total figure to 6 percent of total assets in the banking sector , or @ @ @ @ @ @ @ 20 percent of the subsidized unemployed workers will probably join full unemployment , which may increase the risk in mortgage and personal loans significantly .
Banks may face a tsunami of problems as three factors collide : We estimate a rise in net debt to EBITDA ( earnings before interest , taxes , depreciation , and amortization ) of the largest corporations of the Stoxx 600 soaring to 3x from the current 1.8x .
This means that banks may face a wall of delinquencies and weakening solvency and liquidity in the vast majority @ @ @ @ @ @ @ as deflationary pressures hit the economy , growth weakens , and the central bank implements even more aggressive but futile liquidity measures and damaging rate cuts .
This combination of these three problems at the same time may generate a risk of a financial crisis created by using banks ’ balance sheets massively to bail out every possible sector .
It may undo the entire improvement in the balance sheet of the financial entities , achieved slowly and painfully in the past decade and destroyed in a few months .
Weakening banks ’ @ @ @ @ @ @ @ lower rates in them may be an extremely dangerous policy in the long run .
Governments have pushed banks to give loans to businesses and families with very challenging financial conditions and this may come back like a boomerang and hit the European economy , where 80 percent of the real economy is financed by the banking sector according to the ECB .
Governments should have taken more prudent measures and addressed the COVID-19 crisis with tax cuts and grants and not so much through massive loans , even if those are partially @ @ @ @ @ @ @ sovereign debt crisis starts to creep up again , there will be a fourth risk that may damage banks and the financing of the real economy .
The response of banks in this crisis has been positive but may be too much too soon .
And clearly they are taking on too much risk at too low rates .
So far , financial entities are being prudent and have made large provisions to strengthen their balance sheets .
However , these provisions may need to be doubled in the next quarters .
Taking @ @ @ @ @ @ @ from these extreme policies will be critical to avoiding a larger problem in 2021–22 .

The measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and the private sector.
Loans lead the stimulus packages from Germany to Spain. The objective is to give firms and families some leverage to pass the bad months of COVID lockdowns and allow the economy to recover strongly in the third and fourth quarters. This bet on a speedy recovery may put the troubled European banking sector in a difficult situation.
Banks in Europe are in much better shape than they were in 2008, but that does not mean they are strong and ready to take billions of higher-risk loans. European banks have reduced their nonperforming loans, but the figure is still large at 3.3 percent of total assets according to the European Central Bank. Financial entities also face the next two years with poor net income margins due to negative rates and a very weak return on equity.
The two most important measures that governments have used in this crisis are large loans to businesses partially guaranteed by the member states and significant jobless subsidy schemes to reduce the burden of unemployment.
Almost 40 million workers in the large European nations are under a subsidized jobless scheme according to Eurostat and Bankia Research. Loans that add up to 6 percent of the eurozone’s GDP have been granted to allow businesses to navigate the crisis. So, what happens if the recovery is weak and uneven and the third and fourth quarter growth figures disappoint, as I believe will happen? First, the rise in nonperforming loans may elevate the total figure to 6 percent of total assets in the banking sector, or €1.2 trillion. Second, up to 20 percent of the subsidized unemployed workers will probably join full unemployment, which may increase the risk in mortgage and personal loans significantly.
Banks may face a tsunami of problems as three factors collide:
a rise in nonperforming loans deflationary pressures from a prolonged crisis the central bank keeping negative rates that destroy banking profitability.
We estimate a rise in net debt to EBITDA (earnings before interest, taxes, depreciation, and amortization) of the largest corporations of the Stoxx 600 soaring to 3x from the current 1.8x. This means that banks may face a wall of delinquencies and weakening solvency and liquidity in the vast majority of their assets (loans) just as deflationary pressures hit the economy, growth weakens ,and the central bank implements even more aggressive but futile liquidity measures and damaging rate cuts.
This combination of these three problems at the same time may generate a risk of a financial crisis created by using banks’ balance sheets massively to bail out every possible sector. It may undo the entire improvement in the balance sheet of the financial entities, achieved slowly and painfully in the past decade and destroyed in a few months.
Weakening banks’ balance sheets and hiding larger risk at lower rates in them may be an extremely dangerous policy in the long run. Governments have pushed banks to give loans to businesses and families with very challenging financial conditions and this may come back like a boomerang and hit the European economy, where 80 percent of the real economy is financed by the banking sector according to the ECB.
Governments should have taken more prudent measures and addressed the COVID-19 crisis with tax cuts and grants and not so much through massive loans, even if those are partially guaranteed by the states. If the sovereign debt crisis starts to creep up again, there will be a fourth risk that may damage banks and the financing of the real economy.
The response of banks in this crisis has been positive but may be too much too soon. And clearly they are taking on too much risk at too low rates. So far, financial entities are being prudent and have made large provisions to strengthen their balance sheets. However, these provisions may need to be doubled in the next quarters. Taking measures to avoid creating a financial crisis from these extreme policies will be critical to avoiding a larger problem in 2021–22.


newswars--2020-07-06--The Market Economy Has Been Replaced by a “Fiat Economy”

The COVID-19 pandemic has torn the veil off what we can now can call a “ fiat market.
” It has stripped away all pretense of a true market .
Governments and central banks now create both supply and demand .
Bailouts and subsidies are handed down so that zombie corporations can produce on the one hand , while welfare , universal basic income , and other handouts are distributed so that citizens can buy the products .
Strictly speaking , this is a type of socialism .
In Europe , the European Central Bank ’ s ( ECB ) @ @ @ @ @ @ @ of €3 trillion .
That is excluding its newly expanded €1.35 trillion Pandemic Emergency Purchase Program—equivalent to the entire GDP of Spain and considerably higher than that of the Netherlands .
A big show was made of the Trump administration ’ s $ 4.5 trillion relief bill and the Fed ’ s $ 2.3 trillion program to “ bolster ” the economy .
The G7 central banks have racked up asset purchases of $ 1.64 trillion in March and expect to top out at $ 6 trillion when all is said and done @ @ @ @ @ @ @ more than salaries in many caess .
Each of the above programs injects more money and credit than the GDPs of all the countries in the world , with the exception only the biggest thirteen .
Cumulatively , they add up to more than the GDP of all countries except China and the US .
So how did we end up in this “ fiat market ” ?
Economic growth is driven by capital investments , entrepreneurship , and innovation .
These form the basic pillars of growing , stable , and sustainable @ @ @ @ @ @ @ are suffocated , innovation and progress are stifled .
The economic system is relatively balanced by interest rates and prices through cycles of savings and consumption .
Savings encourage long-term capital investments that translate into productivity gains across the production chain .
During the consumption cycle , the capital gains on previous savings are spent by consumers ( savers ) on cheaper , better products from prior capital investments financed by their savings ( in the form of loans ) .
In an interventionist economy , good money , and by extension good @ @ @ @ @ @ @ “ bad money ” injected through perpetual interventions .
With current levels of monetary easing and deficit spending running into trillions across the globe , productive savings are essentially drowned out .
The fiat economy also shifts the economy toward less competitive , more wasteful firms .
The bailouts , welfare , and subsidies , by definition , shift competitive advantage to unproductive individuals and zombie corporations by plundering the productive and profitable .
The relentless push , under different acronyms , to inject cheap money and credit into the system causes structural @ @ @ @ @ @ @ economy .
This misallocation shifts resources from their most productive uses to lesser ( often least ) productive uses by pushing interest rates below their natural levels—keeping zombie corporations in business , unviable projects alive , and by crowding out innovative and productive corporations and entrepreneurs .
Productive individuals and profitable corporations earn competitive advantages through skills , education , thrift , innovation , excellent management , and customer service .
But the “ stimulus ” and bailout programs aim to transfer enough wealth to unproductive individuals and zombie corporations by taxing the @ @ @ @ @ @ @ advantage .
One such example is the auto industry , where large legacy corporations have repeatedly won loans and grants from governments with favorable conditions so as to keep these inefficient corporations going in order to “ save jobs.
” Other programs such as scrappage programs ( such as “ cash for clunkers ” ) in the name of “ safety ” essentially channel new money ( serving as a carrot ) and customers into auto dealerships .
This isn ’ t surprising .
As we have seen on numerous occasions , legacy @ @ @ @ @ @ @ retainer to secure government bailouts and other favorable policy shifts—this excludes indirect bailouts secured through banks with access to Federal Reserve credit facilities .
This essentially buys market share at the expense of innovative and productive companies ( such as Tesla ) and neutralizes new and innovative companies ’ competitive advantage .
The gains in productivity and value that would have folded the dinosaurs and shifted resources and capital to productive sectors of the economy is lost , and waste is incentivized in the legacy corporations .
Production continues only because of government @ @ @ @ @ @ @ central bank–created credit .
Demand remains because of government welfare schemes .
Through this new money and cheap credit , governments and central banks enable zombie firms to produce products for unproductive individuals to consume without producing anything themselves .
Moreover , the government and central banks plan the economy from the top down , determining which sectors are allowed to produce what , by how much , who will buy what and from whom .
Clearly , this is not a market economy .
It is a “ fiat economy .
”

The COVID-19 pandemic has torn the veil off what we can now can call a “fiat market.”
It has stripped away all pretense of a true market. Governments and central banks now create both supply and demand. Bailouts and subsidies are handed down so that zombie corporations can produce on the one hand, while welfare, universal basic income, and other handouts are distributed so that citizens can buy the products. Strictly speaking, this is a type of socialism.
In Europe, the European Central Bank’s (ECB) asset purchase programs currently stands just shy of €3 trillion. That is excluding its newly expanded €1.35 trillion Pandemic Emergency Purchase Program—equivalent to the entire GDP of Spain and considerably higher than that of the Netherlands. A big show was made of the Trump administration’s $4.5 trillion relief bill and the Fed’s $2.3 trillion program to “bolster” the economy. The G7 central banks have racked up asset purchases of $1.64 trillion in March and expect to top out at $6 trillion when all is said and done. Welfare and unemployment checks now pay more than salaries in many caess.
Each of the above programs injects more money and credit than the GDPs of all the countries in the world, with the exception only the biggest thirteen. Cumulatively, they add up to more than the GDP of all countries except China and the US.
So how did we end up in this “fiat market”?
The Basis of Economic Growth
Economic growth is driven by capital investments, entrepreneurship, and innovation. These form the basic pillars of growing, stable, and sustainable economies. When capital investments and entrepreneurship are suffocated, innovation and progress are stifled.
The economic system is relatively balanced by interest rates and prices through cycles of savings and consumption. Savings encourage long-term capital investments that translate into productivity gains across the production chain. During the consumption cycle, the capital gains on previous savings are spent by consumers (savers) on cheaper, better products from prior capital investments financed by their savings (in the form of loans).
In an interventionist economy, good money, and by extension good investment, is driven out by the “bad money” injected through perpetual interventions. With current levels of monetary easing and deficit spending running into trillions across the globe, productive savings are essentially drowned out.
Breaking the Real Market via Fiat
The fiat economy also shifts the economy toward less competitive, more wasteful firms. The bailouts, welfare, and subsidies, by definition, shift competitive advantage to unproductive individuals and zombie corporations by plundering the productive and profitable.
The relentless push, under different acronyms, to inject cheap money and credit into the system causes structural distortions via misallocation of resources within the economy. This misallocation shifts resources from their most productive uses to lesser (often least) productive uses by pushing interest rates below their natural levels—keeping zombie corporations in business, unviable projects alive, and by crowding out innovative and productive corporations and entrepreneurs.
Productive individuals and profitable corporations earn competitive advantages through skills, education, thrift, innovation, excellent management, and customer service. But the “stimulus” and bailout programs aim to transfer enough wealth to unproductive individuals and zombie corporations by taxing the productive and profitable out of their competitive advantage.
One such example is the auto industry, where large legacy corporations have repeatedly won loans and grants from governments with favorable conditions so as to keep these inefficient corporations going in order to “save jobs.” Other programs such as scrappage programs (such as “cash for clunkers”) in the name of “safety” essentially channel new money (serving as a carrot) and customers into auto dealerships. This isn’t surprising. As we have seen on numerous occasions, legacy corporations maintain a stable of lobbyists on retainer to secure government bailouts and other favorable policy shifts—this excludes indirect bailouts secured through banks with access to Federal Reserve credit facilities. This essentially buys market share at the expense of innovative and productive companies (such as Tesla) and neutralizes new and innovative companies’ competitive advantage. The gains in productivity and value that would have folded the dinosaurs and shifted resources and capital to productive sectors of the economy is lost, and waste is incentivized in the legacy corporations.
Production continues only because of government subsidies and access to cheap government-created or central bank–created credit. Demand remains because of government welfare schemes. Through this new money and cheap credit, governments and central banks enable zombie firms to produce products for unproductive individuals to consume without producing anything themselves. Moreover, the government and central banks plan the economy from the top down, determining which sectors are allowed to produce what, by how much, who will buy what and from whom. Clearly, this is not a market economy. It is a “fiat economy.”


newswars--2020-07-06--UK Estate Agents to Drop Term “Master Bedroom” to Placate Politically Correct Millennials

Estate agents across the UK are set to stop using the term “ master bedroom ” in order to placate politically correct millennials who think such language is racist .
Some property agents have decided to follow in the footsteps of US realtors , who are dropping the term “ master ” in listings as a sop to the Black Lives Matter movement .
The rooms will instead be described as “ principle ” or “ primary ” in the hope of warding off the potential anger of easily offended morons .
“ These changes are being driven by political @ @ @ @ @ @ @ demographic across prime central London , ” said Peter Wetherell of Wetherell estate agents in Mayfair .
“ The typical buyers are now aged from their early twenties to their mid-forties and from all over the world .
This young demographic tends to be very broad-minded and find any form of sexism or racism deeply offensive , ” he added .
Perhaps living in fear of the same irate mob that tore down the Edward Colston statue and threw it in the river , David Westgate , the group chief executive of the @ @ @ @ @ @ @ said , “ The sentiment behind the Black Lives Matter campaign has helped us all be more aware of our behaviour .
We can all do more to make sure people are treated with respect.
” It is not known whether Westgate took a knee and profusely apologized for his white privilege while making that statement .
The director of Benham and Reeves estate agents in London , Marc von Grundherr , claims , “ The word master does carry historically racist undertones.
” In reality , as Kurt Zindulka highlights , the @ @ @ @ @ @ @ the United Kingdom until 1925 , nearly a hundred years after slavery was officially abolished throughout the nation .
“ The phrase master bedroom wasn ’ t used until the early 20th century , ” said Trevor Abrahmson , the managing director of Glentree International .
“ If the woke liberal elite want to equate that with slaves and masters , that is ridiculous.
” Edward Heaton , the founder of Heaton & Partners , echoed Abrahmson ’ s sentiment , remarking , “ It is ludicrous that we should be expected to @ @ @ @ @ @ @ a vociferous minority.
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Estate agents across the UK are set to stop using the term “master bedroom” in order to placate politically correct millennials who think such language is racist.
Yes, really.
Some property agents have decided to follow in the footsteps of US realtors, who are dropping the term “master” in listings as a sop to the Black Lives Matter movement.
The rooms will instead be described as “principle” or “primary” in the hope of warding off the potential anger of easily offended morons.
“These changes are being driven by political correctness and dramatic transformations in the buyer demographic across prime central London,” said Peter Wetherell of Wetherell estate agents in Mayfair.
“The typical buyers are now aged from their early twenties to their mid-forties and from all over the world. This young demographic tends to be very broad-minded and find any form of sexism or racism deeply offensive,” he added.
Perhaps living in fear of the same irate mob that tore down the Edward Colston statue and threw it in the river, David Westgate, the group chief executive of the Bristol-based estate agent chain, Andrews, said, “The sentiment behind the Black Lives Matter campaign has helped us all be more aware of our behaviour. We can all do more to make sure people are treated with respect.”
It is not known whether Westgate took a knee and profusely apologized for his white privilege while making that statement.
The director of Benham and Reeves estate agents in London, Marc von Grundherr, claims, “The word master does carry historically racist undertones.”
He’s wrong.
In reality, as Kurt Zindulka highlights, the phrase wasn’t in use in the United Kingdom until 1925, nearly a hundred years after slavery was officially abolished throughout the nation.
“The phrase master bedroom wasn’t used until the early 20th century,” said Trevor Abrahmson, the managing director of Glentree International. “If the woke liberal elite want to equate that with slaves and masters, that is ridiculous.”
Edward Heaton, the founder of Heaton & Partners, echoed Abrahmson’s sentiment, remarking, “It is ludicrous that we should be expected to ignore our history and heritage to placate a vociferous minority.”
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newswars--2020-07-06--Watch Live: Press Sec McEnany Gives Briefing On Record Economic Gains Despite Continued Dem Shutdown

White House Press Secretary Kayleigh McEnany held a press briefing at the White House , outlining President Trump ’ s @ @ @ @ @ stock market gains as the pandemic slows , the high crime spikes in Democrat-controlled cities @ @ @ @ @ responses to radical leftists attempting to tear down American statues , including Frederick Douglass .

Watch Live: Press Sec McEnany Gives Briefing On Record Economic Gains Despite Continued Dem Shutdowns Media once again chose to spar with McEnany rather than ask informative questions


newswars--2020-07-06--4th of July, Pop Quiz on the Beach

4th of July, Pop Quiz on the Beach

4th of July, Pop Quiz on the Beach Do millennials know what the Fourth of July represents?


newswars--2020-07-06--Video: Black Armed Militia Holds Up White Drivers For Reparations

A black radical militia group demanded reparations from white drivers at gunpoint while protest-marching the Confederate Memorial Carving in Georgia on Independence Day .
The group , known as the Not Fucking Around Coalition ( NFAC ) , marched up and down a road at Stone Mountain Park near Atlanta clad in black fatigues , armed with military-style rifles , and yelling , “ Black Power.
” In one video , a black militia member is seen approaching a white man in his vehicle and demanding reparations while holding his rifle menacingly .
“ I ’ m your worst nightmare @ @ @ @ @ @ @ driver .
“ We ain ’ t Black Lives Matter , we ain ’ t none of that bullshit.
” The driver didn ’ t appear intimidated , and asked , “ Who are you ?
” “ We ’ re black militia , your worst nightmare , ” the armed black man says , accusing the man of “ raping , robbing , and killing ” black people .
“ You steal a people ’ s culture then dare to have an attitude about it , ” he says .
“ Where @ @ @ @ @ @ @ driver , amused by the LARP , asks the militia member , “ What did I ever do to you ?
” “ It ’ s not what you did , it ’ s what your ancestors did , ” the militia member replies .
The driver dismisses the black militia member with a wave and says “ I ain ’ t getting into this with ya ’ ll.
” The militia member then walked away .
The militia was clearly ready to instigate confrontations with “ white militias ” , but they @ @ @ @ @ @ @ find such groups around the park .
“ We here !
Where the fuck you at ?
We in your house !
” a militia member shouts through a bullhorn .
Such a demonstration was clearly meant to further divide the American people by race , as the establishment wants , but luckily the other militia and Second Amendment groups didn ’ t take the obvious bait .
Alex Jones breaks down how the left is obsessed with starting the second civil war .

A black radical militia group demanded reparations from white drivers at gunpoint while protest-marching the Confederate Memorial Carving in Georgia on Independence Day.
The group, known as the Not Fucking Around Coalition (NFAC), marched up and down a road at Stone Mountain Park near Atlanta clad in black fatigues, armed with military-style rifles, and yelling, “Black Power.”
In one video, a black militia member is seen approaching a white man in his vehicle and demanding reparations while holding his rifle menacingly.
“I’m your worst nightmare, bruh,” he tells the driver. “We ain’t Black Lives Matter, we ain’t none of that bullshit.”
The driver didn’t appear intimidated, and asked, “Who are you?”
“We’re black militia, your worst nightmare,” the armed black man says, accusing the man of “raping, robbing, and killing” black people.
“You steal a people’s culture then dare to have an attitude about it,” he says. “Where’s our reparations?”
The driver, amused by the LARP, asks the militia member, “What did I ever do to you?”
“It’s not what you did, it’s what your ancestors did,” the militia member replies.
The driver dismisses the black militia member with a wave and says “I ain’t getting into this with ya’ll.”
The militia member then walked away.
Can I ask a question? Please no one attack me. But, if we can say Black Power how come they can’t say White Power? I’m just asking 😩 pic.twitter.com/cu91P3wabl — Angela Stanton King 🇺🇸 (@theangiestanton) July 5, 2020
The militia was clearly ready to instigate confrontations with “white militias”, but they appeared disappointed when they didn’t find such groups around the park.
“We here! Where the fuck you at? We in your house!” a militia member shouts through a bullhorn.
The Not Fucking Around Coalition (NFAC) militia in Stone Mountain, Georgia called out all rednecks and white supremacist militias “We here, where the fuck you at?”. (📹@VlanciPictures) #BlackLivesMatter pic.twitter.com/B76Ab6WUSF — Anonymous (@YourAnonCentral) July 4, 2020
Such a demonstration was clearly meant to further divide the American people by race, as the establishment wants, but luckily the other militia and Second Amendment groups didn’t take the obvious bait.
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Alex Jones breaks down how the left is obsessed with starting the second civil war.


newswars--2020-07-06--Former Reddit CEO Ellen Pao Admits “We Knew” About Ghislaine Maxwell Sex Trafficking Underage Girls

Former Reddit CEO Ellen Pao admitted in a tweet “ we knew ” about Ghislaine Maxwell sex trafficking underage girls but attended a party where Maxwell was present anyway .
“ Pao , a former partner at venture capital firm Kleiner Perkins , said Maxwell was at the firm ’ s holiday party in 2011 , more than two years after Epstein was first convicted of soliciting sex from a 14 year old , ” reports Business Insider .
“ [ Maxwell ] was at the Kleiner holiday party in 2011 , but I had no desire to meet her @ @ @ @ @ @ @ her , ” Pao tweeted last night .
“ We knew about her supplying underage girls for sex , but I guess that was fine with the ‘ cool ’ people who managed the tightly controlled guest list.
” As Mike Cernovich notes , Al Gore was also at the event where no spouses were allowed .
After Pao was asked to elaborate on her tweet , she placed her Twitter account on lockdown .
After her tweet garnered media attention , Pao tried to clarify it ny noting that Maxwell had been @ @ @ @ @ @ @ the abuse as early as March 2011 .
“ To be clear , the press had described her as supplying underage girls for sex , but she had not been charged so I guess it would be more accurate to say we ‘ suspected ’ v ‘ knew , ’ ” said Pao in a follow up tweet .
When another Twitter user accused Pao of appearing to be “ fine ” with it , Pao responded , “ What I said made no difference here.
” During that period , Jeffrey Epstein @ @ @ @ @ @ @ Big Tech leaders and dined with the likes of Amazon CEO Jeff Bezos and Google cofounder Sergey Brin in March 2011 .
Epstein also met with Microsoft founder Bill Gates multiple times following Epstein ’ s first conviction for sex crimes in 2008 .
Maxwell is currently in prison after being arrested by federal agents on Thursday at her secretive New Hampshire home .
According to reports , she may be willing to give up information on big names who were complicit in Epstein ’ s activities in exchange for a plea deal @ @ @ @ @ @ @ do the same and was found dead less than a month later .
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Former Reddit CEO Ellen Pao admitted in a tweet “we knew” about Ghislaine Maxwell sex trafficking underage girls but attended a party where Maxwell was present anyway.
“Pao, a former partner at venture capital firm Kleiner Perkins, said Maxwell was at the firm’s holiday party in 2011, more than two years after Epstein was first convicted of soliciting sex from a 14 year old,” reports Business Insider.
“[Maxwell] was at the Kleiner holiday party in 2011, but I had no desire to meet her much less have a photo taken with her,” Pao tweeted last night. “We knew about her supplying underage girls for sex, but I guess that was fine with the ‘cool’ people who managed the tightly controlled guest list.”
According to former Reddit Ellen Pao, “we knew” underage girls were sex trafficked by Ghislaine Maxwell in 2011 – Maxwell attended the event. – Al Gore attended. – No spouses were allowed. pic.twitter.com/qtAm46m7bE — Cernovich (@Cernovich) July 6, 2020
As Mike Cernovich notes, Al Gore was also at the event where no spouses were allowed.
After Pao was asked to elaborate on her tweet, she placed her Twitter account on lockdown.
After her tweet garnered media attention, Pao tried to clarify it ny noting that Maxwell had been accused by victims of taking part in the abuse as early as March 2011.
“To be clear, the press had described her as supplying underage girls for sex, but she had not been charged so I guess it would be more accurate to say we ‘suspected’ v ‘knew,’” said Pao in a follow up tweet.
When another Twitter user accused Pao of appearing to be “fine” with it, Pao responded, “What I said made no difference here.”
During that period, Jeffrey Epstein had been keen on pursuing relationships with Big Tech leaders and dined with the likes of Amazon CEO Jeff Bezos and Google cofounder Sergey Brin in March 2011.
Epstein also met with Microsoft founder Bill Gates multiple times following Epstein’s first conviction for sex crimes in 2008.
Maxwell is currently in prison after being arrested by federal agents on Thursday at her secretive New Hampshire home.
According to reports, she may be willing to give up information on big names who were complicit in Epstein’s activities in exchange for a plea deal, although Epstein was reportedly willing to do the same and was found dead less than a month later.
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newswars--2020-07-06--Ron Paul: Is the Texas Covid ‘Spike’ Fake News?

On July 2nd , Texas Governor Greg Abbott issued an executive order mandating the wearing of face masks across the state , whether indoors or outdoors , when six feet can not be maintained between people .
In the governor ’ s decree , he cited a rise in Covid cases , a rise in test positivity , and a rise in hospitalizations as justification to force people to cover their faces in public .
The move is not only a violation of the civil liberties of all Texans .
Abbott may have based his executive order on inaccurate information @ @ @ @ @ @ @ cases due to the Texas State Department of Health Services changing the definition of what constitutes a “ Covid case.
” Thanks goes to Collin County Judge Chris Hill for blowing the whistle on what appears to be a move in mid-May to redefine what was a “ Covid ” case to open the door to a massive increase – all to match the mainstream media line that a “ second wave ” was on the way .
In a Commissioners Court hearing for Collin County on May 18th , it was revealed @ @ @ @ @ @ @ Covid “ case ” was a confirmed test result , the definition was suddenly changed to count “ probable ” cases as “ cases.
” At the same time , the threshold for determining “ probable ” was lowered to a ridiculous level .
As Judge Hill said at that May 18th meeting , “ If you have a subjective fever and you have a headache and you live in Collin County , you now meet the qualifications to be a probable COVID patient .
It is remarkable how low the standard is @ @ @ @ @ @ @ “ probable ” case was determined based on possibly unrelated subjective criteria , up to 15 people in possible contact with that “ probable ” case were also listed as “ probable cases.
” And “ probable cases ” were considered cases .
Repeat that farce across Texas and is it any wonder there was a “ spike ” in “ cases ” ?
Also , Governor Abbott ’ s claim that hospitals were being over-run by Covid patients was refuted by the Houston hospital directors themselves , who said they were nowhere @ @ @ @ @ @ @ about the same level as they were last year .
The basis for Abbott ’ s unconstitutional “ executive order ” has been shown to be false .
Will he admit his mistake ?
It is encouraging to see so many local and county officials across Texas announcing they will refuse to enforce Governor Abbott ’ s unconstitutional face mask order .
Thankfully the spirit of freedom and love of liberty is still alive in Texas .
The “ second wave ” is driven by propaganda .
Across the country , Covid testing @ @ @ @ @ @ @ 700,000 per day .
You can ’ t drive through Houston without seeing a flurry of signs advertising “ Free Covid test !
Results in 15 minutes !
” Last week Reuters reported that tests shipped around the country by the federal government were contaminated .
Deaths from coronavirus – even the deaths “ with ” coronavirus rather than deaths “ from ” coronavirus – are down more than 90 percent since the peak in April .
The decline in deaths continues .
That means we are closer to the “ herd immunity @ @ @ @ @ @ @ .
Yet Governor Abbott and others across the country see this as a reason to lock the country back down .
This article first appeared at RonPaulInstitute.org .

On July 2nd, Texas Governor Greg Abbott issued an executive order mandating the wearing of face masks across the state, whether indoors or outdoors, when six feet cannot be maintained between people. In the governor’s decree, he cited a rise in Covid cases, a rise in test positivity, and a rise in hospitalizations as justification to force people to cover their faces in public.
The move is not only a violation of the civil liberties of all Texans. Abbott may have based his executive order on inaccurate information about a “rise” in Covid cases due to the Texas State Department of Health Services changing the definition of what constitutes a “Covid case.”
Thanks goes to Collin County Judge Chris Hill for blowing the whistle on what appears to be a move in mid-May to redefine what was a “Covid” case to open the door to a massive increase – all to match the mainstream media line that a “second wave” was on the way.
WATCH – Breaking: States Ordered To Fraudulently Inflate COVID-19 Cases 15 Times Actual Rate
In a Commissioners Court hearing for Collin County on May 18th, it was revealed that while previously the determination of a Covid “case” was a confirmed test result, the definition was suddenly changed to count “probable” cases as “cases.” At the same time, the threshold for determining “probable” was lowered to a ridiculous level.
As Judge Hill said at that May 18th meeting, “If you have a subjective fever and you have a headache and you live in Collin County, you now meet the qualifications to be a probable COVID patient. It is remarkable how low the standard is now.”
Even worse, once a “probable” case was determined based on possibly unrelated subjective criteria, up to 15 people in possible contact with that “probable” case were also listed as “probable cases.” And “probable cases” were considered cases.
Repeat that farce across Texas and is it any wonder there was a “spike” in “cases”?
Also, Governor Abbott’s claim that hospitals were being over-run by Covid patients was refuted by the Houston hospital directors themselves, who said they were nowhere near actual capacity and in fact were about the same level as they were last year.
The basis for Abbott’s unconstitutional “executive order” has been shown to be false. Will he admit his mistake?
It is encouraging to see so many local and county officials across Texas announcing they will refuse to enforce Governor Abbott’s unconstitutional face mask order. Thankfully the spirit of freedom and love of liberty is still alive in Texas.
The “second wave” is driven by propaganda. Across the country, Covid testing increased from about 150,000 to more than 700,000 per day. You can’t drive through Houston without seeing a flurry of signs advertising “Free Covid test! Results in 15 minutes!” Last week Reuters reported that tests shipped around the country by the federal government were contaminated.
Deaths from coronavirus – even the deaths “with” coronavirus rather than deaths “from” coronavirus – are down more than 90 percent since the peak in April. The decline in deaths continues. That means we are closer to the “herd immunity” that will finally kill this virus. Yet Governor Abbott and others across the country see this as a reason to lock the country back down.
This article first appeared at RonPaulInstitute.org.


newswars--2020-07-06--Trump’s Speech Confronts The Chaos

Trump’s Speech Confronts The Chaos

Of course the coverage and admiration for Mount Rushmore was business as usual for Bernie Sanders , and later Barack @ @ @ @ @ Jim Acosta even referred to it as “ a fitting stop for a presidential contender @ @ @ @ @ the left trigger their petty tyrant New World Order response by claiming that television icon @ @ @ @ @ White Power symbol as she introduced Donald Trump .
That same group crying in their @ @ @ @ @ no comment when it comes to Alexandria Ocasio-Cortez spreading the same supposed vicious KKK symbols @ @ @ @ @ the best fireworks show the White House could muster amid a tsunamai of Trump Derangement @ @ @ @ @ for our country in the streets and on television screens .
Meanwhile , the Columbus @ @ @ @ @ ’ s Inner Harbor .
Total stupidity reigns among the disconnected rabid Marxist cultural revolution @ @ @ @ @ pretending to protest the death of George Floyd long after Minneapolis was declared a disaster @ @ @ @

Of course the coverage and admiration for Mount Rushmore was business as usual for Bernie Sanders, and later Barack Obama. CNN’s Jim Acosta even referred to it as “a fitting stop for a presidential contender” in 2008.
While the left trigger their petty tyrant New World Order response by claiming that television icon Mary Hart was flashing the White Power symbol as she introduced Donald Trump. That same group crying in their 4th of July Cupcake have no comment when it comes to Alexandria Ocasio-Cortez spreading the same supposed vicious KKK symbols.
President Trump gave America the best fireworks show the White House could muster amid a tsunamai of Trump Derangement Goons expressing their deep hatred for our country in the streets and on television screens. Meanwhile, the Columbus statue was thrown into Baltimore’s Inner Harbor.
Total stupidity reigns among the disconnected rabid Marxist cultural revolution brownshirt machine that is still pretending to protest the death of George Floyd long after Minneapolis was declared a disaster by its Governor.


newswars--2020-07-06--Coronavirus Numbers Purposefully Inflated By The CDC

The COVID-19 Hoax is taking on monstrous proportions under the watch of none other than the CDC .
During a @ @ @ @ @ of the Collin County , Texas Commissioners Court , officials detailed a new method for @ @ @ @ @ footage reveals that the State of Texas is being directed by the CDC to inflate @ @ @

The COVID-19 Hoax is taking on monstrous proportions under the watch of none other than the CDC. During a May 18, 2020 meeting of the Collin County, Texas Commissioners Court, officials detailed a new method for counting COVID-19 cases. The footage reveals that the State of Texas is being directed by the CDC to inflate infection numbers.


newswars--2020-07-06--Treasury Releases Partial List of Small Businesses That Took PPP Loans

A list of all companies which took PPP loans of $ 150,000 and above was disclosed on Monday by the Treasury Department and the Small Business Administration , after Democratic lawmakers demanded greater transparency surrounding the Paycheck Protection Program , according to CNBC .
The disclosure comes after Treasury Secretary Steven Mnuchin initially suggested in June that PPP borrowers might remain anonymous .
Those loans represent nearly three-fourths of total loan dollars approved , but a far smaller proportion of the number of actual loans .
About 87 % of the loans were for less than $ 150,000 , according @ @ @ @ @ @ @ other details about the program Monday , including : • It has approved 4.9 million loans for a total of more than $ 521 billion .
• The program has about $ 132 billion in funding left over • Companies reported that the funding supported more than 51 million jobs .
But the businesses reported the total when they applied for loans , and it is unclear how many of those employees stayed on payroll .
–CNBC Companies participating in the program who maintain most of their payroll throughout the duration of the @ @ @ @ @ @ @ grant .
In June , Congress passed a bill which lower the bar for converting the loans – reducing the amount a company must spend on payroll , while giving recipients a longer period of time to use the funds .
On Saturday , President Trump signed a temporary extension of PPP into law , moving the application deadline from Aug. 8 to June 30 – a move which both chambers of Congress voted to approve last week .
And as we ’ ve noted several times , while the PPP was designed @ @ @ @ @ @ @ employees get through the pandemic lockdown , larger – and in many cases public companies with other avenues for capital – took advantage of the program ’ s broadly written language to tap into capital which wasn ’ t meant for them .
According to the Financial Times , over 80 publicly listed companies tapped the program – perhaps the most high profile being Shake Shack , which sparked backlash after receiving $ 10 million in PPP funds through JPMorgan .
Ruth ’ s Chris Steak House owner , Ruth ’ s Hospitality @ @ @ @ @ @ @ harsh rebuke after taking out PPP funds .
Ultimately , Ruth ’ s Chris , AutoNation and ShakeShack returned the money after public outcry – while over $ 30 billion in loans have been returned in total according to CNBC , citing anonymous senior administration officials .
On Thursday , Rep. Vicky Hartzler ( R-MO ) disclosed that her family ’ s business received nearly $ 480,000 from the program which was rolled out in April .
Alex Jones breaks down the elitists in Ghislaine Maxwell ’ s inner circle and their plans @ @ @ @

A list of all companies which took PPP loans of $150,000 and above was disclosed on Monday by the Treasury Department and the Small Business Administration, after Democratic lawmakers demanded greater transparency surrounding the Paycheck Protection Program, according to CNBC.
The disclosure comes after Treasury Secretary Steven Mnuchin initially suggested in June that PPP borrowers might remain anonymous.
Those loans represent nearly three-fourths of total loan dollars approved, but a far smaller proportion of the number of actual loans. About 87% of the loans were for less than $150,000, according to the SBA.
The SBA released other details about the program Monday, including:
It has approved 4.9 million loans for a total of more than $521 billion.
The program has about $132 billion in funding left over
The average loan is $107,000.
Companies reported that the funding supported more than 51 million jobs. But the businesses reported the total when they applied for loans, and it is unclear how many of those employees stayed on payroll. –CNBC
Companies participating in the program who maintain most of their payroll throughout the duration of the loan may convert the funds to a grant. In June, Congress passed a bill which lower the bar for converting the loans – reducing the amount a company must spend on payroll, while giving recipients a longer period of time to use the funds.
On Saturday, President Trump signed a temporary extension of PPP into law, moving the application deadline from Aug. 8 to June 30 – a move which both chambers of Congress voted to approve last week.
And as we’ve noted several times, while the PPP was designed to help small businesses with under 500 employees get through the pandemic lockdown, larger – and in many cases public companies with other avenues for capital – took advantage of the program’s broadly written language to tap into capital which wasn’t meant for them.
According to the Financial Times, over 80 publicly listed companies tapped the program – perhaps the most high profile being Shake Shack, which sparked backlash after receiving $10 million in PPP funds through JPMorgan.
Ruth’s Chris Steak House owner, Ruth’s Hospitality Group, was another company which received harsh rebuke after taking out PPP funds.
A list of public companies that have reported receiving #PPPloan assistance (via Morgan Stanley) pic.twitter.com/25Le6RnRqi — Carl Quintanilla (@carlquintanilla) April 21, 2020
Ultimately, Ruth’s Chris, AutoNation and ShakeShack returned the money after public outcry – while over $30 billion in loans have been returned in total according to CNBC, citing anonymous senior administration officials.
On Thursday, Rep. Vicky Hartzler (R-MO) disclosed that her family’s business received nearly $480,000 from the program which was rolled out in April.
PPP in a nutshell pic.twitter.com/81DV2zUUBV — StockCats (@StockCats) July 6, 2020
Alex Jones breaks down the elitists in Ghislaine Maxwell’s inner circle and their plans to destroy society.


newswars--2020-07-06--“You Killed a Child”: Father of 8-Year-Old Shot During BLM Protest Speaks Out

The father of an 8-year-old girl who was shot during a Black Lives Matter protest in Atlanta told BLM demonstrators “ you killed your own…you killed a child ” during an emotional press conference .
The shooting happened on July 4 near the same Wendys that was torched by BLM protesters in response to the police killing of Rayshard Brooks less than a month ago .
The car carrying Secoriea Turner entered an area occupied by protesters , at least two of whom opened fire on the vehicle , blowing out the tires and killing Turner .
“ They say @ @ @ @ @ @ @ own , ” said Secoriya Williamson .
“ They killed my baby because she crossed a barrier and made a u-turn , you killed a child , she didn ’ t do nothing to nobody.
” “ You killed an 8-year-old child…she just wanted to get home to see her cousin , that ’ s all she wanted to do , she just wanted to get home , ” he added .
“ You can ’ t blame it on police officers , ” said Bottoms .
“ You can ’ t say @ @ @ @ @ @ @ .
This is about some people carrying weapons , who shot up a car with an eight-year-old baby .
For what ?
” As we highlighted earlier , Turner ’ s death was one of several during a bloody July 4 weekend , which included a 7-year-old girl in Chicago who was shot in the head while standing on the sidewalk at her grandmother ’ s house .
Don ’ t expect any Black Lives Matter marches in solidarity with the family of Secoriea Turner .
To them , black lives only appear @ @ @ @ @ @ @ white people .
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The father of an 8-year-old girl who was shot during a Black Lives Matter protest in Atlanta told BLM demonstrators “you killed your own…you killed a child” during an emotional press conference.
The shooting happened on July 4 near the same Wendys that was torched by BLM protesters in response to the police killing of Rayshard Brooks less than a month ago.
The car carrying Secoriea Turner entered an area occupied by protesters, at least two of whom opened fire on the vehicle, blowing out the tires and killing Turner.
“They say black lives matter, you killed your own,” said Secoriya Williamson. “They killed my baby because she crossed a barrier and made a u-turn, you killed a child, she didn’t do nothing to nobody.”
“They say Black Lives Matter. You killed your own… You killed a child.” Secoriya Williamson, father of 8-year-old Secoriea Turner, addressed the public after his daughter was shot and killed last night in Atlanta by armed protesters. pic.twitter.com/J8zngZsjaQ — Daily Caller (@DailyCaller) July 6, 2020
“You killed an 8-year-old child…she just wanted to get home to see her cousin, that’s all she wanted to do, she just wanted to get home,” he added.
Atlanta Mayor Keisha Lance Bottoms shared the same sentiment.
“You can’t blame it on police officers,” said Bottoms. “You can’t say it’s about criminal justice reform. This is about some people carrying weapons, who shot up a car with an eight-year-old baby. For what?”
As we highlighted earlier, Turner’s death was one of several during a bloody July 4 weekend, which included a 7-year-old girl in Chicago who was shot in the head while standing on the sidewalk at her grandmother’s house.
Don’t expect any Black Lives Matter marches in solidarity with the family of Secoriea Turner. To them, black lives only appear to matter if they are taken by white people.
SUBSCRIBE on YouTube:
Follow on Twitter: Follow @PrisonPlanet
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Please sign up for the free newsletter here. Donate to me on SubscribeStar here.
Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.
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newswars--2020-07-06--Australia to Close State Border For First Time in 100 Years Due to ‘Virus Resurgence’

The border between Australia ’ s two most populous states , Victoria and New South Wales , will be shut down for the first time in 100 years as authorities rush to battle new Covid-19 hotspots .
The border will be closed from midnight on Tuesday , Victoria Premier Daniel Andrews said .
He told reporters that the closure will be enforced on the New South Wales side in order “ not to be a drain ” on the resources Victoria needs to fight the outbreak .
The state borders were last shut down in 1919 , during the Spanish @ @ @ @ @ @ @ after Victoria recorded 127 more Covid-19 cases , its highest-ever daily increase .
Two of the state ’ s residents died on Monday , bringing the nationwide death toll to 106 .
With around 8,500 cases and relatively few deaths , Australia had seemingly managed to curb the spread of Covid-19 and began gradually easing quarantine restrictions in May .
However , the disease has since resurged , with fresh hotspots discovered in Victoria ’ s capital Melbourne last week , prompting officials to close off several residential blocks .
Australia has seen @ @ @ @ @ @ @ in recent weeks .
The rallies took place despite strong pleas from officials and health experts to avoid large crowds .
Although Victoria medical officials linked the rise in cases to family gatherings , several lawmakers blamed the protests for the surge in infections .
Alex Jones breaks down the left ’ s obsession with starting the second civil war .

The border between Australia’s two most populous states, Victoria and New South Wales, will be shut down for the first time in 100 years as authorities rush to battle new Covid-19 hotspots.
The border will be closed from midnight on Tuesday, Victoria Premier Daniel Andrews said. He told reporters that the closure will be enforced on the New South Wales side in order “not to be a drain” on the resources Victoria needs to fight the outbreak.
The state borders were last shut down in 1919, during the Spanish flu pandemic.
The historic decision comes after Victoria recorded 127 more Covid-19 cases, its highest-ever daily increase. Two of the state’s residents died on Monday, bringing the nationwide death toll to 106.
With around 8,500 cases and relatively few deaths, Australia had seemingly managed to curb the spread of Covid-19 and began gradually easing quarantine restrictions in May.
However, the disease has since resurged, with fresh hotspots discovered in Victoria’s capital Melbourne last week, prompting officials to close off several residential blocks.
Australia has seen massive protests against racism and police brutality in recent weeks. The rallies took place despite strong pleas from officials and health experts to avoid large crowds.
Although Victoria medical officials linked the rise in cases to family gatherings, several lawmakers blamed the protests for the surge in infections.
Alex Jones breaks down the left’s obsession with starting the second civil war.


newswars--2020-07-06--California Faculty Demands Free Tuition For ‘All Black, Native, Indigenous Students’

The California Faculty Association released a statement in light of George Floyd ’ s death and recent protests .
The group also created a list of demands for California State University that it says will provide “ redress for systemic anti-Black racism in the CSU.
” The CFA demanded CSU “ provide free tuition for all Black , Native , and Indigenous students.
” Trends show that enrollment of these students has been decreasing within the CSU system .
To increase admission of these “ marginalized students , ” the CFA proposes that the universities make efforts “ to overturn @ @ @ @ @ @ @ action.
” According to the CFA , “ racial pay equity ” is necessary because “ workload is also higher for Black faculty given that CSU faculty are majority-white , and CSU students are majority of color resulting in ‘ cultural taxation.
’ ” The CFA claimed that the research and studies conducted by Black faculty are “ often not valued at the same level as other faculty.
” To “ condemn white supremacy , ” the CFA proposed that hiring and retention practices be reformed to mandate that “ there be Black @ @ @ @ @ @ @ Black faculty candidates.
” The introduction of “ targeted hiring programs ” is necessary “ to promote and develop the scholarship and creative activity of Black faculty , ” the CFA insisted .
California universities should show their support to “ communities blighted by systemic and institutional racism through the War ( s ) on Drugs from both the Nixon and Reagan administrations.
” The CFA demanded that students who have been affected by the criminal justice system have outreach programs made available to them , including “ funding and fully staffing offices @ @ @ @ @ @ @ space.
” The universities should foster an inclusive environment by expanding the curriculum for Ethnic Studies , creating Black Student/Resource Centers , and enforcing “ unconscious bias ” training for faculty .
There should be a new course requirement for all students in the Ethnic Studies department to dismantle the “ the historical and longstanding infrastructures of universities ” since many educational institutions have been “ fundamentally grounded in a white supremacist colonial discourse and culture.
” To ensure that CSU retains Black , Native , and Indigenous student enrollment , the campus @ @ @ @ @ @ @ safety , ” the CFA said .
The group claimed that police have “ racist roots ” that has resulted in “ the dehumanization of Black people.
” To provide support for the Black community , the CFA endorsed initiatives that advocate for divestment and “ the full abolition of the police.
” CSU must also look to protect the Black LGBTQIA+ community , group futher stated .
The CFA “ recognize [ s ] that the movement for queer and trans liberation was catalyzed by uprisings led by QTPOC ( queer and @ @ @ @ @ @ @ against police violence.
” To best show all members in the Black community that “ all Black lives matter , ” the universities must continue “ building on a radical and beautiful legacy of resistance.
” Alex Jones breaks down the left ’ s obsession with starting the second civil war .

The California Faculty Association released a statement in light of George Floyd’s death and recent protests.
The group also created a list of demands for California State University that it says will provide “redress for systemic anti-Black racism in the CSU.”
The CFA demanded CSU “provide free tuition for all Black, Native, and Indigenous students.” Trends show that enrollment of these students has been decreasing within the CSU system. To increase admission of these “marginalized students,” the CFA proposes that the universities make efforts “to overturn Proposition 209, the ban on affirmative action.”
According to the CFA, “racial pay equity” is necessary because “workload is also higher for Black faculty given that CSU faculty are majority-white, and CSU students are majority of color resulting in ‘cultural taxation.’”
The CFA claimed that the research and studies conducted by Black faculty are “often not valued at the same level as other faculty.”
To “condemn white supremacy,” the CFA proposed that hiring and retention practices be reformed to mandate that “there be Black faculty available to serve as reviewers for Black faculty candidates.” The introduction of “targeted hiring programs” is necessary “to promote and develop the scholarship and creative activity of Black faculty,” the CFA insisted.
California universities should show their support to “communities blighted by systemic and institutional racism through the War(s) on Drugs from both the Nixon and Reagan administrations.” The CFA demanded that students who have been affected by the criminal justice system have outreach programs made available to them, including “funding and fully staffing offices” as well as “dedicated study space.”
The universities should foster an inclusive environment by expanding the curriculum for Ethnic Studies, creating Black Student/Resource Centers, and enforcing “unconscious bias” training for faculty.
There should be a new course requirement for all students in the Ethnic Studies department to dismantle the “the historical and longstanding infrastructures of universities” since many educational institutions have been “fundamentally grounded in a white supremacist colonial discourse and culture.”
To ensure that CSU retains Black, Native, and Indigenous student enrollment, the campus should “not rely on police for safety,” the CFA said.
The group claimed that police have “racist roots” that has resulted in “the dehumanization of Black people.” To provide support for the Black community, the CFA endorsed initiatives that advocate for divestment and “the full abolition of the police.”
CSU must also look to protect the Black LGBTQIA+ community, group futher stated.
The CFA “recognize[s] that the movement for queer and trans liberation was catalyzed by uprisings led by QTPOC (queer and trans people of color), often against police violence.” To best show all members in the Black community that “all Black lives matter,” the universities must continue “building on a radical and beautiful legacy of resistance.”
Alex Jones breaks down the left’s obsession with starting the second civil war.


newswars--2020-07-07--CNN’s Don Lemon Claims Black on Black Violence Has Nothing to do With Black Lives Matter

Actor Terry Crews clashed with CNN ’ s Don Lemon last night during an exchange in which Lemon ludicrously asserted that black on black violence should have nothing to do with the Black Lives Matter movement .
Crews was targeted by the woke mob after he tweeted on July 4 the supposedly controversial opinion that not all white people were bad and not all black people were good .
Before his interview on CNN last night , Crews also tweeted , “ # ALLBLACKLIVESMATTER 9 black CHILDREN killed by violence in Chicago since June 20 , 2020.
” Crews began @ @ @ @ @ @ @ very militant type forces in Black Lives Matter ” and issuing a warning to not allow the movement to get hijacked by extremists .
Given that the ideological inspiration behind Black Lives Matter is literally a cop-killing terrorist fugitive who is on the FBI ’ s Top Ten Most Wanted Terrorist list , one could argue that the movement has its origins in extremism .
“ When you have the leaders of the black lives movement who are now talking about…if we don ’ t get our demands we ’ re gon na @ @ @ @ @ @ @ who are talking about working with other whites and other races , they ’ re being viewed as sellouts or called Uncle Toms , you start to understand that you are now being controlled , ” said Crews , adding that BLM embodied a “ dangerous self-righteousness that viewed themselves as better , it was almost a supremist move , their black lives mattered a lot more than mine.
” When Crews clarified that he was talking about the leadership of BLM , Lemon asserted that Martin Luther King was once seen as @ @ @ @ @ @ @ there had to be a non-racial component to BLM for it to work .
Crews then pointed to the industrial levels of black on black violence in Chicago , which in recent weeks has claimed the lives of nine black children , noting that “ the Black Lives Matter movement has said nothing ” about the violence .
“ What does that have to do with equality though ?
, ” responded Lemon , seriously making the argument that black people dying in massive numbers at the hands of other blacks had nothing @ @ @ @ @ @ @ was “ apples and oranges , ” while trying to shift the blame to “ gun culture ” across the entire country .
Presumably , Lemon thinks that there is no “ equality ” in America , yet he was unable to point out any rights that white people have that black people don ’ t ( because they both have the exact same rights under the law ) .
“ Black people need to hold other black people accountable , this is black America ’ s version of the # MeToo movement @ @ @ @ @ @ @ anything ’ s gon na change , we ourselves , we need to look at our own communities and look at each other and say this thing can not go down .
There are a lot of great people there who are held hostage by people who literally are running these neighborhoods with violence and then claiming that black lives matter.
” Lemon then absurdly tried to argue that talking about black on black violence would be like a “ cancer matters ” movement being asked why they don ’ t talk about @ @ @ @ @ @ @ police brutality , another misnomer given that the full scope of BLM is about defunding the police , overthrowing capitalism and imposing communist ideals ( goals that BLM front groups routinely advocate ) .
“ When you look at the organization , police brutality is not the only thing they ’ re talking about , ” responded Crews , prompting Lemon to agree but then contradict himself by repeating the false claim that BLM was solely about police brutality and criminal justice .
The interview ended with Crews insisting that there was more @ @ @ @ @ @ @ and that it needed to be scrutinized .
Black on black violence isn ’ t part of the Black Lives Matter narrative because Black Lives Matter isn ’ t a civil rights movement , it ’ s a political movement and black on black violence can ’ t be exploited for political grist .
It ’ s that simple .
And Don Lemon knows it .
My voice is being silenced by free speech-hating Silicon Valley behemoths who want me disappeared forever .
It is CRUCIAL that you support me .
Please sign @ @ @ @ @ @ @ Donate to me on SubscribeStar here .
Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown .

Actor Terry Crews clashed with CNN’s Don Lemon last night during an exchange in which Lemon ludicrously asserted that black on black violence should have nothing to do with the Black Lives Matter movement.
Crews was targeted by the woke mob after he tweeted on July 4 the supposedly controversial opinion that not all white people were bad and not all black people were good.
Before his interview on CNN last night, Crews also tweeted, “#ALLBLACKLIVESMATTER 9 black CHILDREN killed by violence in Chicago since June 20, 2020.”
Crews began by saying that there were “some very militant type forces in Black Lives Matter” and issuing a warning to not allow the movement to get hijacked by extremists.
Given that the ideological inspiration behind Black Lives Matter is literally a cop-killing terrorist fugitive who is on the FBI’s Top Ten Most Wanted Terrorist list, one could argue that the movement has its origins in extremism.
“When you have the leaders of the black lives movement who are now talking about…if we don’t get our demands we’re gonna burn it down, other black people who are talking about working with other whites and other races, they’re being viewed as sellouts or called Uncle Toms, you start to understand that you are now being controlled,” said Crews, adding that BLM embodied a “dangerous self-righteousness that viewed themselves as better, it was almost a supremist move, their black lives mattered a lot more than mine.”
When Crews clarified that he was talking about the leadership of BLM, Lemon asserted that Martin Luther King was once seen as extremist, leading Crews to argue that there had to be a non-racial component to BLM for it to work.
Crews then pointed to the industrial levels of black on black violence in Chicago, which in recent weeks has claimed the lives of nine black children, noting that “the Black Lives Matter movement has said nothing” about the violence.
“What does that have to do with equality though?,” responded Lemon, seriously making the argument that black people dying in massive numbers at the hands of other blacks had nothing to do with black lives mattering and was “apples and oranges,” while trying to shift the blame to “gun culture” across the entire country.
Presumably, Lemon thinks that there is no “equality” in America, yet he was unable to point out any rights that white people have that black people don’t (because they both have the exact same rights under the law).
“Black people need to hold other black people accountable, this is black America’s version of the #MeToo movement,” said Crews. “If anything’s gonna change, we ourselves, we need to look at our own communities and look at each other and say this thing cannot go down. There are a lot of great people there who are held hostage by people who literally are running these neighborhoods with violence and then claiming that black lives matter.”
Lemon then absurdly tried to argue that talking about black on black violence would be like a “cancer matters” movement being asked why they don’t talk about HIV and that BLM is solely about police brutality, another misnomer given that the full scope of BLM is about defunding the police, overthrowing capitalism and imposing communist ideals (goals that BLM front groups routinely advocate).
“When you look at the organization, police brutality is not the only thing they’re talking about,” responded Crews, prompting Lemon to agree but then contradict himself by repeating the false claim that BLM was solely about police brutality and criminal justice.
The interview ended with Crews insisting that there was more to the BLM agenda than police brutality and that it needed to be scrutinized.
Black on black violence isn’t part of the Black Lives Matter narrative because Black Lives Matter isn’t a civil rights movement, it’s a political movement and black on black violence can’t be exploited for political grist.
It’s that simple. And Don Lemon knows it.
SUBSCRIBE on YouTube:
Follow on Twitter: Follow @PrisonPlanet
———————————————————————————————————————
My voice is being silenced by free speech-hating Silicon Valley behemoths who want me disappeared forever. It is CRUCIAL that you support me.
Please sign up for the free newsletter here. Donate to me on SubscribeStar here.
Support my sponsor – Turbo Force – a supercharged boost of clean energy without the comedown.
———————————————————————————————————————


newswars--2020-07-07--California Faculty Demands Free Studies For All Black Students; Charges That Education Is ‘Grounded

California Faculty Demands Free Studies For All Black Students; Charges That Education Is ‘Grounded In White Supremacism’

Issuing the ultimate woke wishlist , The Faculty Association at California State university has demanded that all “ Black Native , and Indigenous students ” should be given free tuition as a “ redress for systemic anti-Black racism in the CSU.
” The CFA has also charged that “ the historical and longstanding infrastructures of universities ” should be dismantled because they are “ fundamentally grounded in a white supremacist colonial discourse and culture.
” Campus Reform reports that the CFA also wants to overturn the ban on affirmative action , and is arguing that “ racial pay equity ” @ @ @ @ @ @ @ is also higher for Black faculty given that CSU faculty are majority-white , and CSU students are majority of color resulting in ‘ cultural taxation.
’ ” Without providing corroborating evidence , the faculty also claims that research conducted by Black students is “ often not valued at the same level as other faculty.
” A further demand outlines that there be “ Black faculty available to serve as reviewers for Black faculty candidates , ” so as to counter “ white supremacy ” , as well as “ dedicated study space ” @ @ @ @ @ @ @ also demands an expansion of curriculum for Ethnic Studies , creating Black Student/Resource Centers , and enforcing “ unconscious bias ” training for all students .
A black radical militia group demanded reparations from white drivers at gunpoint while protest-marching the Confederate Memorial Carving in Georgia on Independence Day .
In addition , the faculty urges support for initiatives toward “ the full abolition of the police , ” claiming that Black , Native , and Indigenous students can “ not rely on police for safety , ” and that law enforcement has @ @ @ @ @ @ @ dehumanization of Black people.
” For good measure , the woke demand list also includes a petition for protection of the Black LGBTQIA+ community .
The CFA ’ s statement says that it “ recognize [ s ] that the movement for queer and trans liberation was catalyzed by uprisings led by QTPOC ( queer and trans people of color ) , often against police violence.
” It concludes that students should continue “ building on a radical and beautiful legacy of resistance.
” This is indicative of demands from woke student groups @ @ @ @ @ @ @ at UCLA , a Professor was recently placed on leave and subject to threats of violence after he rejected requests to allow black students to take final exams at a later date , purely because of the colour of their skin .
Other reports from elsewhere in the country have indicated that black students are demanding they be given leniency , or just better grades , to combat ‘ systemic racism ’ .

Issuing the ultimate woke wishlist, The Faculty Association at California State university has demanded that all “Black Native, and Indigenous students” should be given free tuition as a “redress for systemic anti-Black racism in the CSU.”
The CFA has also charged that “the historical and longstanding infrastructures of universities” should be dismantled because they are “fundamentally grounded in a white supremacist colonial discourse and culture.”
Campus Reform reports that the CFA also wants to overturn the ban on affirmative action, and is arguing that “racial pay equity” needs to be implemented because “workload is also higher for Black faculty given that CSU faculty are majority-white, and CSU students are majority of color resulting in ‘cultural taxation.’”
Without providing corroborating evidence, the faculty also claims that research conducted by Black students is “often not valued at the same level as other faculty.”
A further demand outlines that there be “Black faculty available to serve as reviewers for Black faculty candidates,” so as to counter “white supremacy”, as well as “dedicated study space” for Black students only.
The faculty also demands an expansion of curriculum for Ethnic Studies, creating Black Student/Resource Centers, and enforcing “unconscious bias” training for all students.
A black radical militia group demanded reparations from white drivers at gunpoint while protest-marching the Confederate Memorial Carving in Georgia on Independence Day.
In addition, the faculty urges support for initiatives toward “the full abolition of the police,” claiming that Black, Native, and Indigenous students can “not rely on police for safety,” and that law enforcement has “racist roots” enhancing “the dehumanization of Black people.”
For good measure, the woke demand list also includes a petition for protection of the Black LGBTQIA+ community.
The CFA’s statement says that it “recognize[s] that the movement for queer and trans liberation was catalyzed by uprisings led by QTPOC (queer and trans people of color), often against police violence.”
It concludes that students should continue “building on a radical and beautiful legacy of resistance.”
This is indicative of demands from woke student groups across the nation. For example, at UCLA, a Professor was recently placed on leave and subject to threats of violence after he rejected requests to allow black students to take final exams at a later date, purely because of the colour of their skin.
Other reports from elsewhere in the country have indicated that black students are demanding they be given leniency, or just better grades, to combat ‘systemic racism’.