lewrockwell--2020-07-18--The Clown Cars Are Fully Loaded and Dr. Fauci’s Is Leading the Parade

When it comes to the topic of clown cars , we ’ d say Dr. Fauci gets a limo version all to himself .
Yesterday he uttered the following incoherent babble , saying the recent surge in new cases is because the Virus Patrol didn ’ t go far enough in throwing 50 million Americans out of work : “ We did not shut down entirely , ” Fauci , director of the National Institute of Allergy and Infectious Diseases , said .
“ We need to draw back a few yards and say , ‘ OK , we can @ @ @ @ @ @ @ …You ’ ve got to shut down but then you ’ ve got to gradually open.
” What does this pretentious old windbag think – that the blooming , buzzing mass of a $ 21 trillion economy can be calibrated up and down by the week via some magical dimmer switch ?
Fauci : The Bernie Mado ... Ortleb , Charles Buy New $ 5.99 Never mind because he was then on to this preposterous comparison : Fauci also said he expects the public to compare the Covid-19 pandemic to the 1918 pandemic @ @ @ @ @ @ @ people , according to the Centers for Disease Control and Prevention .
Well , it so happens that the U.S. death rate from the Spanish Flu was 655 per 100,000 persons ( 675,000 deaths in a population of 103 million ) .
That ’ s obviously orders of magnitude larger than the 39 per 100,000 deaths to date from the Covid .
In fact , the impact of the Spanish Flu was not only 17X greater in terms of the overall mortality rate , but it was also a true Grim Reaper in @ @ @ @ @ @ @ entire age spectrum of the population ( dark blue bars ) .
It actually started in the giant domestic military training compounds stood up by Woodrow Wilson to join a European war that was none of America ’ s business , but the virus did kill tens of thousands of 18-30 year-old draftees in their own barracks long before they got to the killing fields of France .
By contrast , as we now surely understand , and you would think Fauci would , too , the Covid ( light blue bars ) @ @ @ @ @ @ @ already struggling with life-threatening respiratory , heart , vascular , renal and diabetic illnesses .
Accordingly , among the 191 million Americans under the age of 45 years , there have been only 1.5 WITH-Covid deaths per 100,000 , while for the elderly , the opposite is true .
Nearly 70,000 or more than 60 % of all WITH-Covid death have been among the 75 years and older population , resulting in mortality rates as follows : Plague of Corruption : ... Mikovits , Judy Buy New $ 16.51 Now , you don @ @ @ @ @ @ @ class in epidemiology to understand a core truth : That is , when nearly 60 % of the population under 45 years accounts for only 2.5 % of the reported WITH-Covid deaths and has a rounding error mortality rate , while the 6.5 % of the population 75 years and older accounts for 60 % of the deaths – you don ’ t fight the disease with a one-size-fits all strategy of generic lockdowns , quarantines , and social regimentation .
And surely you don ’ t shutdown the schools , gyms , @ @ @ @ @ @ @ games , concerts , beaches , theme parks etc .
because the vulnerable elderly don ’ t patronize these venues in appreciable numbers anyway , and could easily be warned to stay strictly away .
The key point , however , is that this whole unspeakable Lockdown Folly does not remotely stem from the “ science ” , as the MSM supporters of Fauci claim .
It ’ s just a hair-brained experiment in social control that happened because the Donald was too weak , ill-informed , distracted and enumerate to send Fauci @ @ @ @ @ @ @ packing when the mid-March guidelines were first issued by the CDC .
Yes , the Donald ’ s political enemies in the ranks of big city mayors and Blue State governors have feasted upon the chum Fauci & Co have persistently tossed into the fetid waters of national politics , but that doesn ’ t let Trump off the hook .
If the truth be told , this is the Trump Lockdown Folly and ranks among the greatest blunders ever committed by a US President .
That ’ s because even at this @ @ @ @ @ @ @ resulting economic disaster : • there is no evidence that asymptomatic persons are transmitters of the virus , • there is powerful statistical evidence that 95 % of the population can cope with the disease and recover if they do become infected .
Yet , the twin pillars of Fauci ’ s hair-brained social regimentation scheme assumes they very opposite : Namely , that healthy Americans must be put under house arrest because they are silent spreaders and killers of their fellow citizens ; and that the disease is so virulent that its @ @ @ @ @ @ @ system of every healthy American – can not be trusted to do its job if the virus is permitted to follow its natural course of contagion and eventual herd immunity .
As to the silent spreaders trope , here is how the very head of WHO ’ s COVID-19 Task Force , Dr. Maria Van Kerkhove , recently explained that transmission of the virus from asymptomatic patients appears to be very rare : It still seems to be rare that an asymptomatic person actually transmits onward to a secondary individual.
” For crying @ @ @ @ @ @ @ rationale for stay-at-home orders to hundreds of millions of healthy citizens into a cocked hat .
In a constitutional democracy , where the liberties and properties of citizens are protected by law , you need overwhelming proof of an existential threat to society before ordering mass house arrests .
But in this instance , the head of the WHO task force–the agency that fomented the whole coronavirus hysteria in the first place–has said quite unequivocally : No cigar !
In a word , Dr. Fauci is peddling dangerous humbug under the banner of @ @ @ @ @ @ @ and forced into retirement long ago .
The unfortunate truth , however , is that the Donald is too chicken to use the Fake “ your fired ” tool that made him a short-lived TV star , if not a successful businessman .
His defenders , of course , mumble that his hands are tied because Fauci is a member of the legally protected Senior Executive Service ( SES ) .
That ’ s Jimmy Carter ’ s gift to insubordinate bureaucracy , which your editor happily voted against back in the day @ @ @ @ @ @ @ Plague : One Scientist & ... Mikovits , Judy Best Price : $ 29.55 Buy New $ 17.99 Under Federal law , Fauci can be fired if he is found to have engaged in – “ misconduct , neglect of duty , malfeasance , or failure to accept a direct reassignment or to accompany a position in a transfer of function ” , is or to be “ less than successful [ in his ] executive performance.
” If not “ malfeasance ” , what would you call the absolute savaging of the @ @ @ @ @ @ @ tens of millions of American workers and small businessmen for no good reason of state , which have resulted from Fauci ’ s idiotic pronouncements and guidelines ?
The thing is , after four months Fauci ’ s blatherings and instructions to state and local authorities have fomented an outright public Hysteria of biblical proportions .
It is not just that officialdom has closed restaurants and gyms via unconstitutional “ takings ” of their owners ’ properties .
By now , Fauci ’ s Virus Patrol and its megaphones and misanthropes in the @ @ @ @ @ @ @ American public fearful about leaving their own homes .
And , needless to say , they have also given the Donald ’ s legions of rabid political enemies license to stage malign theatrics in the name of Covid-fighting that would be unthinkable under any other circumstances .
For instance , it has now been announced that the school districts of Los Angeles and San Diego , which collectively serve nearly 1 million students , will not have in person teaching to start the school year .
But if you are conversant with any @ @ @ @ @ @ @ sputter : WTF !
There are 9 million school age children in California , and not a single WITH-Covid death has occurred among them .
That ’ s right .
There have been 27,400 positive tests among these nine million kids , but all of them , positively all of them , have been either asymptomatic or mildly ill – as children are wont to become – and have recovered .
Yet here is where America ’ s growing fleet of clown cars comes in .
It seems that the politicization has gone @ @ @ @ @ @ @ the LA teachers union – 35,000 strong – is now taking the schools hostage for their own parochial ends .
They recently proclaimed that no schools should open in LA until there is a Charter School freeze ; the police are defunded ; Medicare-for-all is adopted by the US Congress ; new state taxes on the wealthy are enacted ; and there is a Federal bailout of the LA school district .
A VOYAGE IN IMAGINATIO ... Holmes , Dr Joel S Buy New $ 9.95 You can ’ t make this stuff @ @ @ @ @ @ @ the children hostage in the name of Covid-fighting , they also insisted that the already dysfunctional schools of LA become completely pointless : The union outlined numerous major provisions it says will be necessary to reopen schools again , including sequestering students in small groups throughout the school day , providing students with masks and other forms of protective equipment , and re-designing school layouts in order to facilitate “ social distancing.
” Of course , the latest outbursts of this kind of mindless social destruction has been fueled by the absolute mendacity @ @ @ @ @ @ @ megaphones with respect to the so-called outbreak of new cases in the Sun Belt states .
But the whole brouhaha is a crock .
There is no public health crisis in the so-called hot spots , as the up-to-date chart below makes abundantly clear .
Yes , the 42-day trend of “ new cases ” has risen sharply in tandem with far more testing , and repeat testing of the same individuals – outcomes that were inherent in reopening plans , which required employers to have their employees tested as a condition of @ @ @ @ @ @ @ death count trend in these 50 counties has not risen at all – except for the last few days when a lot of “ catch-up ” data for earlier fatalities was thrown into the data hoppers by some of the counties involved .
That hasn ’ t stopped the Covid-Howlers from proclaiming a phony medical crisis in Texas and elsewhere , with the same old tropes about overflowing hospitals and strained ICU capacity in places like Houston .
But as the eagle-eyed maven of the corona-data , Alex Berenson , tweeted this AM @ @ @ @ @ @ @ fat lie .
While CNN may have managed to find one or two crowded facilities in the whole of the Houston-Harris county region of some 5 million souls , there are actually still more than 2,500 empty hospital beds in the area .
Here ’ s the thing .
The Virus Patrol has switched from the death count to the “ case ” count because the latter is not at the 3,000 per day predicted by the CDC in early May , and ballyhooed by the NYT and MSM as the leading edge @ @ @ @ @ @ @ coming down the pike .
In fact , during July to date ( thru the 14th ) , the daily WITH-Covid death count has averaged 613 , or only one-fifth of the projected June-July-August surge ; and even that level is suspect , given the growing evidence that many local jurisdictions are doing retrospective death audits to pad their case counts .
In any event , the readily available state-by-state data tells you all you need to know .
This so-called Sun Belt wave of cases is , indeed , the equivalent of @ @ @ @ @ @ @ of Florida , for instance , during the first 14 days of July , there have been 139,195 new cases reported , but only 4,322 new hospitalizations .
So that means only 3.1 % of this ballyhooed surge of cases was sick enough to even require hospitalization .
The Case Against Masks ... Heckenlively , Kent Buy New $ 12.99 Needless to say , that ’ s not a crisis ; it ’ s just one more part of the indictment against Fauci and his gang of malpracticing doctors .
They have put @ @ @ @ @ @ @ frenzy , and that coverage , in turn , has caused the American public to head back into their Covid holes .
As it happened , three of the nation ’ s largest banks reported their totally confected earnings for Q2 this AM , but the one thing that stood out as meaningful was a collective $ 28 billion provision for future loan losses .
That is , they see the massive wave of defaults set in motion by Fauci ’ s misbegotten Lockdown Nation strategy , and are getting prepared for the @ @ @ @ @ @ @ s lunatic $ 3 trillion injection of liquidity into the canyons of Wall Street since the Lockdown Nation incepted in mid-March continues to do its mischief , fueling a stock market bubble that gets more ludicrous ( and dangerous ) by the day .
We noted yesterday that during the Monday ’ s great reversal on the stock market that Tesla had gained a “ GM ” ( $ 38 billion ) in the morning spike , but lost a “ BMW ” ( $ 42 billion ) in the afternoon A timely @ @ @ @ @ @ @ how this kind of madness actually happened : Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday , according to website Robintrack.net , which compiles data on the investing platform that ’ s much beloved by day trading millennials .
The frenzy in interest means that as of the end of Monday ’ s trading session , there are now roughly 457,000 users on the Robinhood app that hold shares of the company in some form .
That makes it the 10th-most popular stock on the @ @ @ @ @ @ @ , which is held by 358,000 users .
The one-day return may not have turned out so well .
Tesla was up as much as 16 % at one point before paring gains through the day and finishing 3 % lower .
It was a rare losing day for the high flying stock , which has surged 56 % over the past 10 days .
So how did these mindless gamblers reason about a company that has never , ever made a four-quarter profit , and which reported Q2 volumes well below last @ @ @ @ @ @ @ valuation of $ 325 billion Monday morning ?
Well , a sell-side analyst explained both that question , and the large fleet of clown cars now cruising up and down Wall Street about as well as could be expected .
Said this master of the crystal ball : Invincible Microbe : Tu ... Blank , Alison Best Price : $ 7.88 Buy New $ 7.99 At the current price , Tesla ’ s stock reflects an expectation of 2030 volume of 5 million units , which is more than ten times what the @ @ @ @ @ @ @ year , Morgan Stanley analyst Adam Jonas said.
” Why , you don ’ t say !
Then again , projecting EV car sales in the year 2030 is probably as good a use for Wall Street ’ s clown car riders as any other .
Certainly , it would not dawn on them to ask whether a stock market held up by the Terrific Ten , and especially the FAANGs and Microsoft , has anything at all to do with the dire state of the US economy .
It seems these trading @ @ @ @ @ @ @ S & P 500 index by value , but just 8 percent of its composite revenues and a mere 1 % of jobs in the American workforce .
So , yes , the Acela Corridor has the clown cars coming and going – even as the stock bubble which will take down this whole fantasy reaches its historic asymptote , as we will essay further in Part 3 .
The Best of David Stockman

When it comes to the topic of clown cars, we’d say Dr. Fauci gets a limo version all to himself.
Yesterday he uttered the following incoherent babble, saying the recent surge in new cases is because the Virus Patrol didn’t go far enough in throwing 50 million Americans out of work:
“We did not shut down entirely,” Fauci, director of the National Institute of Allergy and Infectious Diseases, said. “We need to draw back a few yards and say, ‘OK, we can’t stay shut down forever.’ …You’ve got to shut down but then you’ve got to gradually open.”
Got that?
What does this pretentious old windbag think – that the blooming, buzzing mass of a $21 trillion economy can be calibrated up and down by the week via some magical dimmer switch? Fauci: The Bernie Mado... Ortleb, Charles Buy New $5.99 (as of 02:55 UTC - Details)
Never mind because he was then on to this preposterous comparison:
Fauci also said he expects the public to compare the Covid-19 pandemic to the 1918 pandemic flu, which killed around 50 million people, according to the Centers for Disease Control and Prevention.
Well, it so happens that the U.S. death rate from the Spanish Flu was 655 per 100,000 persons (675,000 deaths in a population of 103 million). That’s obviously orders of magnitude larger than the 39 per 100,000 deaths to date from the Covid.
In fact, the impact of the Spanish Flu was not only 17X greater in terms of the overall mortality rate, but it was also a true Grim Reaper in the sense that it struck across the entire age spectrum of the population (dark blue bars).
It actually started in the giant domestic military training compounds stood up by Woodrow Wilson to join a European war that was none of America’s business, but the virus did kill tens of thousands of 18-30 year-old draftees in their own barracks long before they got to the killing fields of France.
By contrast, as we now surely understand, and you would think Fauci would, too, the Covid (light blue bars) is primarily a harvester of elderly persons already struggling with life-threatening respiratory, heart, vascular, renal and diabetic illnesses.
Accordingly, among the 191 million Americans under the age of 45 years, there have been only 1.5 WITH-Covid deaths per 100,000, while for the elderly, the opposite is true. Nearly 70,000 or more than 60% of all WITH-Covid death have been among the 75 years and older population, resulting in mortality rates as follows:
85 years & Over: 581 per 100,000 persons;
per 100,000 persons; 75-84 years: 200 per 100,000 persons;
Plague of Corruption: ... Mikovits, Judy Buy New $16.51 (as of 02:59 UTC - Details) Now, you don’t need to take a single class in epidemiology to understand a core truth: That is, when nearly 60% of the population under 45 years accounts for only 2.5% of the reported WITH-Covid deaths and has a rounding error mortality rate, while the 6.5% of the population 75 years and older accounts for 60% of the deaths – you don’t fight the disease with a one-size-fits all strategy of generic lockdowns, quarantines, and social regimentation.
And surely you don’t shutdown the schools, gyms, bars, restaurants, movies, ball games, concerts, beaches, theme parks etc. because the vulnerable elderly don’t patronize these venues in appreciable numbers anyway, and could easily be warned to stay strictly away.
The key point, however, is that this whole unspeakable Lockdown Folly does not remotely stem from the “science”, as the MSM supporters of Fauci claim.
It’s just a hair-brained experiment in social control that happened because the Donald was too weak, ill-informed, distracted and enumerate to send Fauci and his camarilla of doctors and vaccine-peddlers packing when the mid-March guidelines were first issued by the CDC.
Yes, the Donald’s political enemies in the ranks of big city mayors and Blue State governors have feasted upon the chum Fauci & Co have persistently tossed into the fetid waters of national politics, but that doesn’t let Trump off the hook.
If the truth be told, this is the Trump Lockdown Folly and ranks among the greatest blunders ever committed by a US President. That’s because even at this late date nearly four months into the resulting economic disaster:
there is no evidence that asymptomatic persons are transmitters of the virus,
there is powerful statistical evidence that 95% of the population can cope with the disease and recover if they do become infected.
Yet, the twin pillars of Fauci’s hair-brained social regimentation scheme assumes they very opposite: Namely, that healthy Americans must be put under house arrest because they are silent spreaders and killers of their fellow citizens; and that the disease is so virulent that its #1 enemy – the powerful immune system of every healthy American – cannot be trusted to do its job if the virus is permitted to follow its natural course of contagion and eventual herd immunity.
As to the silent spreaders trope, here is how the very head of WHO’s COVID-19 Task Force, Dr. Maria Van Kerkhove, recently explained that transmission of the virus from asymptomatic patients appears to be very rare:
It still seems to be rare that an asymptomatic person actually transmits onward to a secondary individual.”
For crying out loud. That knocks the very rationale for stay-at-home orders to hundreds of millions of healthy citizens into a cocked hat.
In a constitutional democracy, where the liberties and properties of citizens are protected by law, you need overwhelming proof of an existential threat to society before ordering mass house arrests. But in this instance, the head of the WHO task force–the agency that fomented the whole coronavirus hysteria in the first place–has said quite unequivocally: No cigar!
In a word, Dr. Fauci is peddling dangerous humbug under the banner of pseudo-science, and should have been shut-up and forced into retirement long ago. The unfortunate truth, however, is that the Donald is too chicken to use the Fake “your fired” tool that made him a short-lived TV star, if not a successful businessman.
His defenders, of course, mumble that his hands are tied because Fauci is a member of the legally protected Senior Executive Service (SES). That’s Jimmy Carter’s gift to insubordinate bureaucracy, which your editor happily voted against back in the day – but the excuse is poppycock. Plague: One Scientist&... Mikovits, Judy Best Price: $29.55 Buy New $17.99 (as of 04:10 UTC - Details)
Under Federal law, Fauci can be fired if he is found to have engaged in –
“misconduct, neglect of duty, malfeasance, or failure to accept a direct reassignment or to accompany a position in a transfer of function”, is or to be “less than successful [in his] executive performance.”
If not “malfeasance”, what would you call the absolute savaging of the livelihoods and life’s work of tens of millions of American workers and small businessmen for no good reason of state, which have resulted from Fauci’s idiotic pronouncements and guidelines?
The thing is, after four months Fauci’s blatherings and instructions to state and local authorities have fomented an outright public Hysteria of biblical proportions.
It is not just that officialdom has closed restaurants and gyms via unconstitutional “takings” of their owners’ properties. By now, Fauci’s Virus Patrol and its megaphones and misanthropes in the MSM have rendered large portions of the American public fearful about leaving their own homes.
And, needless to say, they have also given the Donald’s legions of rabid political enemies license to stage malign theatrics in the name of Covid-fighting that would be unthinkable under any other circumstances.
For instance, it has now been announced that the school districts of Los Angeles and San Diego, which collectively serve nearly 1 million students, will not have in person teaching to start the school year.
But if you are conversant with any facts at all, you can only sputter: WTF!
There are 9 million school age children in California, and not a single WITH-Covid death has occurred among them.
That’s right. There have been 27,400 positive tests among these nine million kids, but all of them, positively all of them, have been either asymptomatic or mildly ill – as children are wont to become – and have recovered.
Yet here is where America’s growing fleet of clown cars comes in. It seems that the politicization has gone so far off the deep end that the LA teachers union – 35,000 strong – is now taking the schools hostage for their own parochial ends.
They recently proclaimed that no schools should open in LA until there is a Charter School freeze; the police are defunded; Medicare-for-all is adopted by the US Congress; new state taxes on the wealthy are enacted; and there is a Federal bailout of the LA school district. A VOYAGE IN IMAGINATIO... Holmes, Dr Joel S Buy New $9.95 (as of 04:21 UTC - Details)
You can’t make this stuff up. And while they were taking the children hostage in the name of Covid-fighting, they also insisted that the already dysfunctional schools of LA become completely pointless:
The union outlined numerous major provisions it says will be necessary to reopen schools again, including sequestering students in small groups throughout the school day, providing students with masks and other forms of protective equipment, and re-designing school layouts in order to facilitate “social distancing.”
Of course, the latest outbursts of this kind of mindless social destruction has been fueled by the absolute mendacity of the Virus Patrol and its MSM megaphones with respect to the so-called outbreak of new cases in the Sun Belt states.
But the whole brouhaha is a crock. There is no public health crisis in the so-called hot spots, as the up-to-date chart below makes abundantly clear.
Yes, the 42-day trend of “new cases” has risen sharply in tandem with far more testing, and repeat testing of the same individuals – outcomes that were inherent in reopening plans, which required employers to have their employees tested as a condition of operating.
But, alas, the death count trend in these 50 counties has not risen at all – except for the last few days when a lot of “catch-up” data for earlier fatalities was thrown into the data hoppers by some of the counties involved.
That hasn’t stopped the Covid-Howlers from proclaiming a phony medical crisis in Texas and elsewhere, with the same old tropes about overflowing hospitals and strained ICU capacity in places like Houston.
But as the eagle-eyed maven of the corona-data, Alex Berenson, tweeted this AM, it’s just a big fat lie. While CNN may have managed to find one or two crowded facilities in the whole of the Houston-Harris county region of some 5 million souls, there are actually still more than 2,500 empty hospital beds in the area.
Here’s the thing. The Virus Patrol has switched from the death count to the “case” count because the latter is not at the 3,000 per day predicted by the CDC in early May, and ballyhooed by the NYT and MSM as the leading edge of a horrid ‘second wave” coming down the pike.
In fact, during July to date (thru the 14th), the daily WITH-Covid death count has averaged 613, or only one-fifth of the projected June-July-August surge; and even that level is suspect, given the growing evidence that many local jurisdictions are doing retrospective death audits to pad their case counts.
In any event, the readily available state-by-state data tells you all you need to know. This so-called Sun Belt wave of cases is, indeed, the equivalent of the normal flu.
In the case of Florida, for instance, during the first 14 days of July, there have been 139,195 new cases reported, but only 4,322 new hospitalizations. So that means only 3.1% of this ballyhooed surge of cases was sick enough to even require hospitalization. The Case Against Masks... Heckenlively, Kent Buy New $12.99 (as of 04:52 UTC - Details)
Needless to say, that’s not a crisis; it’s just one more part of the indictment against Fauci and his gang of malpracticing doctors. They have put the anti-Trump press into a rabid feeding frenzy, and that coverage, in turn, has caused the American public to head back into their Covid holes.
As it happened, three of the nation’s largest banks reported their totally confected earnings for Q2 this AM, but the one thing that stood out as meaningful was a collective $28 billion provision for future loan losses. That is, they see the massive wave of defaults set in motion by Fauci’s misbegotten Lockdown Nation strategy, and are getting prepared for the worst.
Meanwhile, the Fed’s lunatic $3 trillion injection of liquidity into the canyons of Wall Street since the Lockdown Nation incepted in mid-March continues to do its mischief, fueling a stock market bubble that gets more ludicrous (and dangerous) by the day.
We noted yesterday that during the Monday’s great reversal on the stock market that Tesla had gained a “GM” ($38 billion) in the morning spike, but lost a “BMW” ($42 billion) in the afternoon
A timely piece by Bloomberg this AM helps explain how this kind of madness actually happened:
Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.
The frenzy in interest means that as of the end of Monday’s trading session, there are now roughly 457,000 users on the Robinhood app that hold shares of the company in some form. That makes it the 10th-most popular stock on the platform, ahead of even Amazon.com Inc., which is held by 358,000 users.
The one-day return may not have turned out so well. Tesla was up as much as 16% at one point before paring gains through the day and finishing 3% lower. It was a rare losing day for the high flying stock, which has surged 56% over the past 10 days.
So how did these mindless gamblers reason about a company that has never, ever made a four-quarter profit, and which reported Q2 volumes well below last year, in coming to a peak valuation of $325 billion Monday morning?
Well, a sell-side analyst explained both that question, and the large fleet of clown cars now cruising up and down Wall Street about as well as could be expected. Said this master of the crystal ball: Invincible Microbe: Tu... Blank, Alison Best Price: $7.88 Buy New $7.99 (as of 04:18 UTC - Details)
At the current price, Tesla’s stock reflects an expectation of 2030 volume of 5 million units, which is more than ten times what the company appears on track to achieve this year, Morgan Stanley analyst Adam Jonas said.”
Why, you don’t say!
Then again, projecting EV car sales in the year 2030 is probably as good a use for Wall Street’s clown car riders as any other.
Certainly, it would not dawn on them to ask whether a stock market held up by the Terrific Ten, and especially the FAANGs and Microsoft, has anything at all to do with the dire state of the US economy.
It seems these trading sardines make up a quarter of the S&P 500 index by value, but just 8 percent of its composite revenues and a mere 1% of jobs in the American workforce.
So, yes, the Acela Corridor has the clown cars coming and going – even as the stock bubble which will take down this whole fantasy reaches its historic asymptote, as we will essay further in Part 3.
PEAK TRUMP, IMPENDING CRISES, ESSENTIAL INFO & ACTION
Reprinted with permission from David Stockman’s Contra Corner.
The Best of David Stockman


lewrockwell--2020-07-18--The New York Times Has Been Ridiculous for a Long Time

The much discussed resignation letter from New York Times op-ed editor Bari Weiss was written in the metaphorical equivalent of Braille .
It allowed even the blind to see what the rest of us have known for years : the Times is a joke .
Writes Weiss of the Times newsroom , “ Truth isn ’ t a process of collective discovery , but an orthodoxy already known to an enlightened few whose job is to inform everyone else.
” Indeed , the only difference between the Times and the old Soviet Pravda is that Pravda readers knew they were @ @ @ @ @ @ @ to pick a date that the joke started to become obvious , I would pick July 17 , 1996 , twenty-four years ago today , the day TWA flight 800 , a Boeing 747 , crashed off the coast of Long Island , killing all 230 good souls aboard .
TWA 800 : The Crash , th ... Jack Cashill Best Price : $ 9.71 Buy New $ 11.93 As I heard from several reporters who covered this story , the New York Times owned it .
The FBI channeled virtually all new @ @ @ @ @ @ @ Times reported that information very close to uncritically .
The Times ’ first full article on July 18 leads with the fact that the FBI had taken over jurisdiction of the investigation .
The reason for the takeover was that “ witnesses reported an explosion , raising the possibility that a bomb went off on the jetliner.
” In a separate article on July 19 , the Times ’ David Johnston introduced the possibility of a missile strike .
“ In public , ” Johnston wrote , investigators were talking about an “ @ @ @ @ @ @ @ , ” they hinted at a “ terrorist ’ s missile.
” They had reason to talk about a missile .
As CIA documents would later reveal , the agents on the FBI missile team had interviewed 144 “ excellent ” witnesses immediately after the crash and found the evidence for a missile strike “ overwhelming.
” Unmasking Obama : The F ... Cashill , Jack Buy New $ 27.11 By July 26 , investigators had established the false dialectic that would hold for the next two months .
The cockpit voice recorder @ @ @ @ @ @ @ stopped recording .
This , reported Matthew Wald , “ added strong support to the theory that a bomb destroyed the plane.
” That much conceded , “ aviation experts , ” surely the NTSB , could “ not exclude mechanical failure.
” There was no mention of a missile .
On August 14 , four weeks to the day after the crash , the Times offered the first detailed account of the plane ’ s break-up sequence .
The most salient revelation was that the center fuel tank caught fire as many @ @ @ @ @ @ @ .
This meant that the “ only good explanations remaining ” were either a bomb or missile .

The much discussed resignation letter from New York Times op-ed editor Bari Weiss was written in the metaphorical equivalent of Braille. It allowed even the blind to see what the rest of us have known for years: the Times is a joke.
Writes Weiss of the Times newsroom, “Truth isn’t a process of collective discovery, but an orthodoxy already known to an enlightened few whose job is to inform everyone else.” Indeed, the only difference between the Times and the old Soviet Pravda is that Pravda readers knew they were being lied to.
If I had to pick a date that the joke started to become obvious, I would pick July 17, 1996, twenty-four years ago today, the day TWA flight 800, a Boeing 747, crashed off the coast of Long Island, killing all 230 good souls aboard. TWA 800: The Crash, th... Jack Cashill Best Price: $9.71 Buy New $11.93 (as of 06:50 UTC - Details)
As I heard from several reporters who covered this story, the New York Times owned it. The FBI channeled virtually all new information through the Times, and the Times reported that information very close to uncritically.
The Times’ first full article on July 18 leads with the fact that the FBI had taken over jurisdiction of the investigation. The reason for the takeover was that “witnesses reported an explosion, raising the possibility that a bomb went off on the jetliner.”
In a separate article on July 19, the Times’ David Johnston introduced the possibility of a missile strike. “In public,” Johnston wrote, investigators were talking about an “accident,” but “in private,” they hinted at a “terrorist’s missile.”
They had reason to talk about a missile. As CIA documents would later reveal, the agents on the FBI missile team had interviewed 144 “excellent” witnesses immediately after the crash and found the evidence for a missile strike “overwhelming.” Unmasking Obama: The F... Cashill, Jack Buy New $27.11 (as of 04:59 UTC - Details)
By July 26, investigators had established the false dialectic that would hold for the next two months. The cockpit voice recorder captured only a brief sound before it stopped recording. This, reported Matthew Wald, “added strong support to the theory that a bomb destroyed the plane.” That much conceded, “aviation experts,” surely the NTSB, could “not exclude mechanical failure.” There was no mention of a missile.
On August 14, four weeks to the day after the crash, the Times offered the first detailed account of the plane’s break-up sequence. The most salient revelation was that the center fuel tank caught fire as many as twenty-four seconds after the initial blast. This meant that the “only good explanations remaining” were either a bomb or missile.
Read the Whole Article


lewrockwell--2020-07-18--Mr. Trump, the Enemy Is Deep Inside the Gate

Note to the reader : As I stated on Monday , don ’ t blithely assume the economy is reopening and things will continue to improve .
The nation is under the control of public health traitors .
They can declare “ new waves ” of cases .
They can invent pretexts at the drop of a hat , and governors and mayors can declare lockdowns again .
This is not over .
The economic war against the people is being waged to destroy America .
Mr. President , don ’ t imagine that simply “ minimizing ” the presence @ @ @ @ @ @ @ ) will significantly degrade his influence .
The governors and mayors will still listen to him and follow his advice .
Take him completely off the board as a member of the coronavirus task force .
It ’ s not enough to say you disagree with him .
Put him out to pasture .
You don ’ t realize just how dangerous he is .
Do not believe any of his declarations of “ science.
” They are , in fact , weapons of sabotage .
AIDS Inc. Rappoport , Jon Best Price @ @ @ @ @ @ @ Earlier this week , I proposed that you send in troops ( or the FBI ) to the states and cities , with a wartime mandate to force open the whole American economy… Once and for all… Preventing state and city officials from continuing any form of lockdown or restraint on the LIBERTY of the people… Because this IS war , and the enemy IS in charge right now .
You certainly aren ’ t .
I ’ m sure you have a few bright people working for you , people who aren @ @ @ @ @ @ @ operating on behalf of Big Globalism .
Bring those people into a room and tell them you are open to suggestions and operations that do not include sending in the troops .
Listen to what they have to say .
Carefully .
Do any of their ideas amount to effective solutions ?
I ’ m not talking about cosmetic actions that make you look good .
I ’ m not talking about flailing in the face of the enemy .
I ’ m talking about wartime plans that stand a good chance of @ @ @ @ @ @ @ at all to offer ?
Come clean , in public , about the disastrous effects of the lockdowns on the economy and human life .
Don ’ t hold back .
The people must know how heavy the costs of the war are .
Political journalist Elias Marat reports : “ …nearly one-third [ of ] U.S. households – representing 32 percent – have still not made their full housing payments for the month of July , according to a survey from online rental platform Apartment List.
” Oklahoma City Bombing : ... @ @ @ @ @ @ @ Buy New $ 1.99 “ And with public health experts warning people to continue to ‘ Stay at Home , ’ the slogan is taking on a perverse new meaning as humanitarian disaster looms for some 28 million people in the U.S. who are facing eviction and homelessness in the immediate future.
” This is the true face of the war , Mr. Trump , and no amount of empty rhetoric can defuse the catastrophe .
The COVID case-counting fraud , a scandal of enormous proportions , is inflating numbers to sustain lockdowns @ @ @ @ @ @ @ bankruptcies—the whole vicious assault against the very survival of Americans .
Are you willing to turn your back and walk away from this ?
Are you willing to let public health officials destroy the country with their insane fear porn about a germ ; about what amounts to a flu season ?
Fauci is leading that pack .
He is playing a deranged tune that is sending the nation over a cliff .
Are you in a trance , Mr. President ?
What Really Makes You ... Parker , David Best Price : @ @ @ @ @ @ @ ’ t you put yourself together and see what is actually going on ?
And then ACT ON IT ?
This whole COVID operation is far from an accident .
The plan is economic warfare .
That was the intent all along .
The hyped-up STORY about a germ was and is the means to implement the plan .
Many credentialed doctors and scientists have exposed the vastly overblown story .
They ’ ve been trying to reach out to you , but the news networks and other traitors are blocking them .
@ @ @ @ @ @ @ ones from loved ones .
Can you understand what that means ?
If tomorrow , all the people took off all their masks , and all the people stopped walking six feet apart , and all the people said no to testing and tracing , and everything that was closed suddenly opened…nothing harmful would happen .
This would be another flu year .
Just as you supposed at the beginning .
You know that .
Yet , knowing it , are you going to stand aside and let this country go down into @ @ @ @ @ @ @ point , thinks about his own courage .
How far would he go , what pain would he endure to stand by his deepest values and principles ?
Unreported Truths abou ... Berenson , Alex Buy New $ 5.99 This is your time .
What are you going to do ?
There is a train stalled on the tracks .
The engine is shut down .
Men are standing around the locomotive .
In the cabin , the engineer is terrified .
The men have told him that if he turns on the @ @ @ @ @ @ @ .
You ’ re standing on a hill overlooking the train .
You ’ re the General .
Your Army is behind you .
What do you do ?
You send your Army down to move the men out of the way .
One of your men walks into the cabin , brushes the engineer aside and turns on the engine .
The Best of Jon Rappoport

Note to the reader: As I stated on Monday, don’t blithely assume the economy is reopening and things will continue to improve. The nation is under the control of public health traitors. They can declare “new waves” of cases. They can invent pretexts at the drop of a hat, and governors and mayors can declare lockdowns again. This is not over. The economic war against the people is being waged to destroy America.
Mr. President, don’t imagine that simply “minimizing” the presence of Tony Fauci (your current plan) will significantly degrade his influence. The governors and mayors will still listen to him and follow his advice. Take him completely off the board as a member of the coronavirus task force. It’s not enough to say you disagree with him. Put him out to pasture. You don’t realize just how dangerous he is.
Do not believe any of his declarations of “science.” They are, in fact, weapons of sabotage.
AIDS Inc. Rappoport, Jon Best Price: $33.29 Buy New $18.89 (as of 03:34 UTC - Details) Earlier this week, I proposed that you send in troops (or the FBI) to the states and cities, with a wartime mandate to force open the whole American economy…
Once and for all…
Preventing state and city officials from continuing any form of lockdown or restraint on the LIBERTY of the people…
Because this IS war, and the enemy IS in charge right now. You certainly aren’t.
I’m sure you have a few bright people working for you, people who aren’t secretly spying on you or operating on behalf of Big Globalism. Bring those people into a room and tell them you are open to suggestions and operations that do not include sending in the troops.
Listen to what they have to say. Carefully. Do any of their ideas amount to effective solutions? I’m not talking about cosmetic actions that make you look good. I’m not talking about flailing in the face of the enemy. I’m talking about wartime plans that stand a good chance of succeeding. Do these people have anything at all to offer?
Come clean, in public, about the disastrous effects of the lockdowns on the economy and human life. Don’t hold back. The people must know how heavy the costs of the war are.
Political journalist Elias Marat reports: “…nearly one-third [of] U.S. households – representing 32 percent – have still not made their full housing payments for the month of July, according to a survey from online rental platform Apartment List.” Oklahoma City Bombing:... Jon Rappoport Best Price: $7.81 Buy New $1.99 (as of 07:45 UTC - Details)
“And with public health experts warning people to continue to ‘Stay at Home,’ the slogan is taking on a perverse new meaning as humanitarian disaster looms for some 28 million people in the U.S. who are facing eviction and homelessness in the immediate future.”
This is the true face of the war, Mr. Trump, and no amount of empty rhetoric can defuse the catastrophe.
The COVID case-counting fraud, a scandal of enormous proportions, is inflating numbers to sustain lockdowns, work stoppages, unemployment, business bankruptcies—the whole vicious assault against the very survival of Americans.
Are you willing to turn your back and walk away from this?
Are you willing to let public health officials destroy the country with their insane fear porn about a germ; about what amounts to a flu season?
Fauci is leading that pack. He is playing a deranged tune that is sending the nation over a cliff.
Are you in a trance, Mr. President? What Really Makes You ... Parker, David Best Price: $35.77 Buy New $31.50 (as of 04:40 UTC - Details)
Can’t you put yourself together and see what is actually going on? And then ACT ON IT?
This whole COVID operation is far from an accident. The plan is economic warfare. That was the intent all along. The hyped-up STORY about a germ was and is the means to implement the plan.
Many credentialed doctors and scientists have exposed the vastly overblown story. They’ve been trying to reach out to you, but the news networks and other traitors are blocking them.
You’re in a bubble.
This SENSELESS war is breaking apart loved ones from loved ones. Can you understand what that means?
If tomorrow, all the people took off all their masks, and all the people stopped walking six feet apart, and all the people said no to testing and tracing, and everything that was closed suddenly opened…nothing harmful would happen. This would be another flu year. Just as you supposed at the beginning.
You know that. Yet, knowing it, are you going to stand aside and let this country go down into chaos?
Are you?
Every person, at some point, thinks about his own courage. How far would he go, what pain would he endure to stand by his deepest values and principles? Unreported Truths abou... Berenson, Alex Buy New $5.99 (as of 03:17 UTC - Details)
This is your time.
Now.
What are you going to do?
There is a train stalled on the tracks. The engine is shut down. Men are standing around the locomotive. In the cabin, the engineer is terrified. The men have told him that if he turns on the engine, the whole train could explode.
You’re standing on a hill overlooking the train. You’re the General. Your Army is behind you.
What do you do?
You send your Army down to move the men out of the way. One of your men walks into the cabin, brushes the engineer aside and turns on the engine.
The engineer recovers.
The train moves again.
Reprinted with permission from Jon Rappoport’s blog.
The Best of Jon Rappoport


lewrockwell--2020-07-18--Authorities Are Still Looking for Any Clear Motives for the Attack

What do you call a system in which a person is forced to work for someone else without pay ?
Each year adults all over the “ developed ” world spend the first half of the year working without pay , in a form of slavery creatively called the income tax .
Doesn ’ t matter what foolish name they give it .
Each year , tens of thousands of people around the globe learn who really owns their home when they neglect to pay taxes on it and are forced out .
Taxed to Death : A Conc ... @ @ @ @ @ @ @ Best Price : $ 15.61 Property tax they call it .
No matter whose name is on the deed , skip your property tax payments and be reminded that you ’ re just a tenant with no actual property rights .
Doesn ’ t matter what foolish name they give it .
I make something .
You like it .
You offer to buy it from me .
I say yes .
We agree to a price , and you pull out the money .
Some guy sticks his hand through the window @ @ @ @ @ @ @ just as it ’ s passing between your hands and mine .
Doesn ’ t matter what foolish name they give it .
It doesn ’ t matter if it ’ s 1 % , 13 % , or 21 % .
It ’ s still stealing .
There ’ s no nominal amount of stealing that ’ s appropriate .
There ’ s no justifiable quantity .
There ’ s no moral amount that can be stolen .
It ’ s all bad .
I don ’ t care if the guy @ @ @ @ @ @ @ or protection money , the money is still stolen .
In Kozani , Greece on Thursday , July 16 , 2020 , a 45-year-old man walked into the government tax office on Aristotle Street with an ax and started swinging away at people working there .
The dramatic retelling of the story ends with the reporter saying “ Authorities are still looking for any clear motives for the attack… ” Really ?
Nickel and Dimed : On ( ... Ehrenreich , Barbara Best Price : $ 1.47 Buy New $ 7.55 Clear motives @ @ @ @ @ @ @ ?
Clear motives to want to do harm to thieves who not only enslave you , threaten your home and steal from you , but also now use their ill gotten gains to lock you into your home , pump the airwaves with fear , refuse to let you visit the sick , divide families , close playgrounds , close beaches , make beloved childhood activities illegal , foment societal division , put the elderly in group homes to die neglected and alone , close stadiums , bring the recovered alcoholic back to @ @ @ @ @ @ @ those on the brink of death , push the depressive over the edge , stop therapy for those with cancer creeping through their body , make life so unnecessarily challenging for the marginalized who were just starting to get things together , deny families a funeral , close down the churches , and destroy the economizing human cooperation that we call our civilization ?
And then if you don ’ t go along with their destructionism they say you are so dishonorable that you hate people and are anti-science .
Clear motives for @ @ @ @ @ @ @ serious question ?
The Greek man with the ax might be more sane than anyone I know .
He ’ s one in a billion .
The real question isn ’ t “ What ’ s wrong with him ?
” The real question is “ What ’ s wrong with the rest of us ?
” The Best of Allan Stevo

What do you call a system in which a person is forced to work for someone else without pay?
Slavery.
Each year adults all over the “developed” world spend the first half of the year working without pay, in a form of slavery creatively called the income tax.
It’s slavery.
Doesn’t matter what foolish name they give it.
Each year, tens of thousands of people around the globe learn who really owns their home when they neglect to pay taxes on it and are forced out. Taxed to Death: A Conc... Hunter Ph. D., Lawrenc... Best Price: $15.61 (as of 04:40 UTC - Details)
Property tax they call it. No matter whose name is on the deed, skip your property tax payments and be reminded that you’re just a tenant with no actual property rights.
It’s tenancy.
Doesn’t matter what foolish name they give it.
I make something. You like it. You offer to buy it from me. I say yes. We agree to a price, and you pull out the money. Some guy sticks his hand through the window and takes 13% of the money just as it’s passing between your hands and mine.
That’s stealing.
Doesn’t matter what foolish name they give it.
It doesn’t matter if it’s 1%, 13%, or 21%. It’s still stealing. There’s no nominal amount of stealing that’s appropriate. There’s no justifiable quantity. There’s no moral amount that can be stolen. It’s all bad.
I don’t care if the guy calls it sales tax, VAT, or protection money, the money is still stolen.
In Kozani, Greece on Thursday, July 16, 2020, a 45-year-old man walked into the government tax office on Aristotle Street with an ax and started swinging away at people working there.
The dramatic retelling of the story ends with the reporter saying “Authorities are still looking for any clear motives for the attack…”
Really? Nickel and Dimed: On (... Ehrenreich, Barbara Best Price: $1.47 Buy New $7.55 (as of 04:40 UTC - Details)
Clear motives to want to do harm to thieves?
Clear motives to want to do harm to thieves who not only enslave you, threaten your home and steal from you, but also now use their ill gotten gains to lock you into your home, pump the airwaves with fear, refuse to let you visit the sick, divide families, close playgrounds, close beaches, make beloved childhood activities illegal, foment societal division, put the elderly in group homes to die neglected and alone, close stadiums, bring the recovered alcoholic back to the bottle, cancel lifesaving surgeries for those on the brink of death, push the depressive over the edge, stop therapy for those with cancer creeping through their body, make life so unnecessarily challenging for the marginalized who were just starting to get things together, deny families a funeral, close down the churches, and destroy the economizing human cooperation that we call our civilization?
And then if you don’t go along with their destructionism they say you are so dishonorable that you hate people and are anti-science.
Clear motives for the attack? Is that really a serious question?
The Greek man with the ax might be more sane than anyone I know. He’s one in a billion. The real question isn’t “What’s wrong with him?” The real question is “What’s wrong with the rest of us?”
The Best of Allan Stevo


lewrockwell--2020-07-18--How the Left Seized Higher Education

How the Left Seized Higher Education

We thought it was only the humanities department that was run by leftists .
Time to think again .
Before we know it , the same will be said of the math and engineering departments .
None of this should be surprising .
The leftist takeover of academia is nothing new .
But how did the university debate stage fall into the hands of a concentrated and uniform consortium of individuals ?
The root of this problem lies in the way Americans have been conditioned to think about higher education .
Diversity Delusion Mac Donald , Heather Best Price : @ @ @ @ @ @ @ have fundamentally forgotten the place of the university in the societal fabric , allowing a small group of left-wing academics to take control .
The Panglossian view that everybody must receive a college degree has created indifference to an integral part of higher education – the unabashed exchange of ideas .
In many ways , college is a “ choose your adventure ” with two main choices : 1 .
Become well versed in a skill that is in high demand ; 2 .
Pursue a career in academia and make a living @ @ @ @ @ @ @ churn out so many students with grim employment prospects .
One study found that only 55 % of college graduates are in careers closely related to their field of study .
The remaining 45 % in mismatched careers earn less , on average .
It is reasonable to assume that the sheer number of unmotivated students in college – enrolled only due to societal pressures – is responsible for this deficit .
Chances are , they ’ d be far better off going to trade school .
With so many people enrolled in @ @ @ @ @ @ @ the attainment of complex skills such as engineering , it ’ s easy to see how no real opposition to the left exists .
But the epidemic of jaded students is a crisis the left would never waste .
Parents would be in uproar if they saw loans going to waste .
In response , leftist academics have created the illusion that they are casting otherwise mediocre students in the right direction .
Out of this illusion , a plethora of highly specialized , phony fields and courses have emerged – practically overnight @ @ @ @ @ @ @ demand and protected by bureaucratic oversight , the ideas of these specialized academics are not only legitimized , but often forced upon students .
Harvard Professor of Government Harvey Mansfield notes : “ If you look at a typical Harvard transcript , you see courses all over the place .
Often on small subjects or policy questions , instead of meat and potatoes : history , economics , philosophy.
” Referring to specialized gut courses , Mansfield says , “ now there are a whole lot of such courses and it ’ s @ @ @ @ @ @ @ that isn ’ t worth it.
” The Content of Our Cha ... Steele , Shelby Best Price : $ 14.70 Buy New $ 13.34 Perhaps the grossest miscalculation made by the American system was the belief that higher education is for everyone .
It should be obvious that it never was .
This myth was predicated on the notion that widening access to higher education would result in a net benefit on society , via extending every individual ’ s productive capacities .
With a little skepticism , this justification instantly crumbles @ @ @ @ @ @ @ individual becomes most productive after going through college ?
Why couldn ’ t they be equally or more productive by pursuing professional certification or vocational training ?
Furthermore , the “ net benefit ” myth assumes that all degrees are of equal value .
Good luck convincing anyone in the job market that a political science degree is equally as valuable as an engineering degree .
If a net productivity increase is the goal , wouldn ’ t it make sense for government scholarship programs to only fund degrees associated with high job @ @ @ @ @ @ @ STEM ( as if government funding were good to begin with ) ?
With both society and bureaucrats confused over the purpose of higher education , it ’ s no wonder that an advantageous group of academics has been able to enforce so much thought control .
The last thing we need is to send off more unambitious students to be used as pawns by clever academics .
They will never question what they are told .
They will go along with it .
This kind of tacit approval is the equivalent to @ @ @ @ @ @ @ this problem involves a serious reassessment of the role of the American university .
Only then will a real battleground for ideas emerge .
The Best of Atilla Mert Sulker

Originally published by Townhall.com, 7/9/20.
We thought it was only the humanities department that was run by leftists.
Time to think again. Before we know it, the same will be said of the math and engineering departments.
None of this should be surprising. The leftist takeover of academia is nothing new.
But how did the university debate stage fall into the hands of a concentrated and uniform consortium of individuals? The root of this problem lies in the way Americans have been conditioned to think about higher education. Diversity Delusion Mac Donald, Heather Best Price: $14.36 Buy New $12.04 (as of 04:41 UTC - Details)
Americans have fundamentally forgotten the place of the university in the societal fabric, allowing a small group of left-wing academics to take control. The Panglossian view that everybody must receive a college degree has created indifference to an integral part of higher education – the unabashed exchange of ideas.
In many ways, college is a “choose your adventure” with two main choices: 1. Become well versed in a skill that is in high demand; 2. Pursue a career in academia and make a living via debating ideas.
Nowadays, universities churn out so many students with grim employment prospects. One study found that only 55% of college graduates are in careers closely related to their field of study. The remaining 45% in mismatched careers earn less, on average.
It is reasonable to assume that the sheer number of unmotivated students in college – enrolled only due to societal pressures – is responsible for this deficit. Chances are, they’d be far better off going to trade school.
With so many people enrolled in college with little interest in academia or the attainment of complex skills such as engineering, it’s easy to see how no real opposition to the left exists.
But the epidemic of jaded students is a crisis the left would never waste. Parents would be in uproar if they saw loans going to waste. In response, leftist academics have created the illusion that they are casting otherwise mediocre students in the right direction.
Out of this illusion, a plethora of highly specialized, phony fields and courses have emerged – practically overnight. Being very loosely bound to market demand and protected by bureaucratic oversight, the ideas of these specialized academics are not only legitimized, but often forced upon students.
Harvard Professor of Government Harvey Mansfield notes: “If you look at a typical Harvard transcript, you see courses all over the place. Often on small subjects or policy questions, instead of meat and potatoes: history, economics, philosophy.” Referring to specialized gut courses, Mansfield says, “now there are a whole lot of such courses and it’s easy to waste your money on something that isn’t worth it.”
The Content of Our Cha... Steele, Shelby Best Price: $14.70 Buy New $13.34 (as of 05:01 UTC - Details) Perhaps the grossest miscalculation made by the American system was the belief that higher education is for everyone. It should be obvious that it never was. This myth was predicated on the notion that widening access to higher education would result in a net benefit on society, via extending every individual’s productive capacities.
With a little skepticism, this justification instantly crumbles.
Firstly, why assume that every individual becomes most productive after going through college? Why couldn’t they be equally or more productive by pursuing professional certification or vocational training?
Furthermore, the “net benefit” myth assumes that all degrees are of equal value. Good luck convincing anyone in the job market that a political science degree is equally as valuable as an engineering degree. If a net productivity increase is the goal, wouldn’t it make sense for government scholarship programs to only fund degrees associated with high job demand, such as those related to STEM (as if government funding were good to begin with)?
With both society and bureaucrats confused over the purpose of higher education, it’s no wonder that an advantageous group of academics has been able to enforce so much thought control. The last thing we need is to send off more unambitious students to be used as pawns by clever academics. They will never question what they are told. They will go along with it. This kind of tacit approval is the equivalent to saying “yes.”
The solution to this problem involves a serious reassessment of the role of the American university. Only then will a real battleground for ideas emerge.
The Best of Atilla Mert Sulker


lewrockwell--2020-07-18--Hydroxychloroquine: The One Chart You Need To See

With conflicting reports over the efficacy of hydroxychloroquine ( HCQ ) in treating COVID-19 , and large-scale studies pending , @ @ @ @ @ to have a 10,000-foot view of everything we know about the anti-malaria drug that a @ @ @ @ @ – and which has been standard treatment protocol in some countries but not others .
@ @ @ @ @ user Gummi Bear has conducted a ‘ deep dive ’ into virtually everything we know @ @ @ @ @ with this must-see chart comparing country-level case-fatality rates ( CFR ) by HCQ use .
@ @ @ @ @ Hedge .
NOW Supplements , Vitam ... Best Price : null Buy New $ 9.92 @ @ @ @ @ ) Beurer IL50 Infrared L ... Best Price : $ 56.66 Buy New $ 61.59 @ @ @ @ @ New $ 39.95 ( $ 7.55 / Ounce ) Vegan Astaxanthin ( 12m ... Best @ @ @ @ @ $ 24.95 ( $ 0.28 / Count ) The Best of Tyler Durden

With conflicting reports over the efficacy of hydroxychloroquine (HCQ) in treating COVID-19, and large-scale studies pending, it would be really great to have a 10,000-foot view of everything we know about the anti-malaria drug that a host of doctors swear by – and which has been standard treatment protocol in some countries but not others.
To that end, Twitter user Gummi Bear has conducted a ‘deep dive’ into virtually everything we know about HCQ – which starts with this must-see chart comparing country-level case-fatality rates (CFR) by HCQ use.
This originally appeared on Zero Hedge.
NOW Supplements, Vitam... Buy New $9.92 ($0.04 / Count) (as of 04:43 UTC - Details) Beurer IL50 Infrared L... Best Price: $56.66 Buy New $61.59 (as of 04:42 UTC - Details) Vegan Superfood Daily ... Buy New $39.95 ($7.55 / Ounce) (as of 04:42 UTC - Details) Vegan Astaxanthin (12m... Buy New $24.95 ($0.28 / Count) (as of 11:05 UTC - Details)
The Best of Tyler Durden


A Bigger Picture

Baluchitherium .
Gone but not forgotten .
The Covid-19 virus itself didn ’ t run the United States into a ditch but it exposed the weakness and rot in the nation ’ s drive-train , and now all of us passengers on that disabled bus must decide whether to stay helplessly inside the smoldering wreckage arguing over who ’ s to blame , or begin a long , uncertain march down the road on our own two feet to a place of new arrangements .
Epidemics and Society : ... Snowden , Frank M. Best Price : $ 13.95 Buy @ @ @ @ @ @ @ country was lashed by a far deadlier pandemic disease at the same time it was fighting a world war , and daily life barely missed a step .
The economy then was emphatically one of production , not the mere consumption of things made elsewhere in the world ( exchanged for US IOUs ) , nor of tanning parlors , nail salons , streaming services , and Pilates studios .
The economy was a mix of large , medium , and small enterprises , not just floundering giants , especially in the retail @ @ @ @ @ @ @ in towns , cities not-yet-overgrown , and a distinctly rural landscape devoted to rural activities — not the vast demolition derby of entropic suburbia that has no future as a human habitat .
Banking was only five percent of the economy , not the bloated matrix of rackets now swollen to more than forty percent of so-called GDP .
Government at the federal and state levels was miniscule compared to the suffocating , parasitic leviathan it is now .
What happened ?
Like Hemingway ’ s old quip about a man going broke @ @ @ @ @ @ @ everything in American life to creep into hapless giantism too cumbersome to adapt to new conditions , and suddenly conditions have changed .
And now it ’ s all coming apart : the dying chain stores , the giant zombie companies that can only exist by borrowing money to buy back their own stocks , the auto-makers who have run out of lending schemes for non-creditworthy customers , the shale oil fracking companies that could never make a red cent , the agri-biz farmers grown morbidly obese on a diet of credit and @ @ @ @ @ @ @ grew obese on engineered snack-foods ) , the Wall Street lords of financialization hypothecating fortunes by leveraging the stripped assets of everything not nailed down from sea to shining sea , the swelling underclass conditioned to helplessness , addiction , and vice , the inescapable ambient tyranny of media hype , propaganda , and disinformation , and , of course , the catastrophe that government has become .
Murder by Injection Mullins , Eustace Clarence Best Price : $ 37.99 Buy New $ 25.00 Get this : none of these things now wobbling @ @ @ @ @ @ @ ’ re all going extinct , like the Baluchitherium of the Oligocene .
To keep propping them up — as the Federal Reserve sedulously props up financial markets — will only promote the illusion that we don ’ t have to move on and conduct daily human life differently .
A worldwide contraction was already underway before Covid-19 stepped onstage .
The contraction was sending a very loud and clear message : gigantism went as far as it could go and now it ’ s up to the smaller and nimbler to carry @ @ @ @ @ @ @ sclerotic authorities asking you to remain in thrall to them — and dependent on them .
Expect these authorities to screw up even the next big exercise in their own franchise : the 2020 election .
It will be the climax to a season of political hysteria and will complete the chapter of our history that left us on that smoldering big bus in the ditch .
The scramble away from that disaster scene will be frightful and desperate .
No matter who ends up in control of the government — or pretends @ @ @ @ @ @ @ contraction and decomplexifying will actually rule and you will have to act accordingly .
Many people will seek to escape the places they live now to find new homes and livelihoods elsewhere .
These demographic movements are already underway .
New York City is hemorrhaging much of its tax base as the wealthy flee , Chicago too , and the whole state of California .
These places will be overwhelmed by functional bankruptcy , even if legal legerdemain allows them to avoid declaring it .
Other states , counties and municipalities — including @ @ @ @ @ @ @ , meaning all the usual support systems and safety nets vanish .
Many supply chains will break .
Money may either be scarce or worthless , which are two ways of going broke .
Thunderbolts of the Gods David Talbott & Wallac ... Best Price : $ 34.26 Buy New $ 27.00 Right now , start planning where you might go and what you can do .
The turmoil will be filled with opportunity to find ways to be useful to other people , to devise work-arounds for ruptured systems and relationships , @ @ @ @ @ @ @ things they need , distributing them , fixing things that are broken where possible , and moving people and stuff from point A to point B .
There will be plenty of work for people who are willing to do it .
Keep in mind that it ’ s entirely up to you to make good choices .
Don ’ t despair , and if you find yourself veering toward it , get over yourself .
It ’ s just part of becoming stronger than you thought you could be , and the @ @ @ @ @ @ @ .
The offices that gave out brownie points for avouched victimhood will also be shutting down .
Won ’ t that be a relief ?
Welcome to the joyful illumination that life is difficult for everybody .
Who is ready for this epic journey ?
The Best of James Howard Kunstler

Baluchitherium. Gone but not forgotten.
The Covid-19 virus itself didn’t run the United States into a ditch but it exposed the weakness and rot in the nation’s drive-train, and now all of us passengers on that disabled bus must decide whether to stay helplessly inside the smoldering wreckage arguing over who’s to blame, or begin a long, uncertain march down the road on our own two feet to a place of new arrangements. Epidemics and Society:... Snowden, Frank M. Best Price: $13.95 Buy New $16.04 (as of 04:43 UTC - Details)
In 1918, the country was lashed by a far deadlier pandemic disease at the same time it was fighting a world war, and daily life barely missed a step. The economy then was emphatically one of production, not the mere consumption of things made elsewhere in the world (exchanged for US IOUs), nor of tanning parlors, nail salons, streaming services, and Pilates studios. The economy was a mix of large, medium, and small enterprises, not just floundering giants, especially in the retail commerce of goods. We lived distributed in towns, cities not-yet-overgrown, and a distinctly rural landscape devoted to rural activities — not the vast demolition derby of entropic suburbia that has no future as a human habitat. Banking was only five percent of the economy, not the bloated matrix of rackets now swollen to more than forty percent of so-called GDP. Government at the federal and state levels was miniscule compared to the suffocating, parasitic leviathan it is now.
What happened? Like Hemingway’s old quip about a man going broke slowly and then all-at-once, we allowed everything in American life to creep into hapless giantism too cumbersome to adapt to new conditions, and suddenly conditions have changed. And now it’s all coming apart: the dying chain stores, the giant zombie companies that can only exist by borrowing money to buy back their own stocks, the auto-makers who have run out of lending schemes for non-creditworthy customers, the shale oil fracking companies that could never make a red cent, the agri-biz farmers grown morbidly obese on a diet of credit and government subsidies (just like their end-customers grew obese on engineered snack-foods), the Wall Street lords of financialization hypothecating fortunes by leveraging the stripped assets of everything not nailed down from sea to shining sea, the swelling underclass conditioned to helplessness, addiction, and vice, the inescapable ambient tyranny of media hype, propaganda, and disinformation, and, of course, the catastrophe that government has become. Murder by Injection Mullins, Eustace Clarence Best Price: $37.99 Buy New $25.00 (as of 08:21 UTC - Details)
Get this: none of these things now wobbling and staggering will be resurrected. They’re all going extinct, like the Baluchitherium of the Oligocene. To keep propping them up — as the Federal Reserve sedulously props up financial markets — will only promote the illusion that we don’t have to move on and conduct daily human life differently. A worldwide contraction was already underway before Covid-19 stepped onstage. The contraction was sending a very loud and clear message: gigantism went as far as it could go and now it’s up to the smaller and nimbler to carry on. Beware the promises of the sclerotic authorities asking you to remain in thrall to them — and dependent on them.
Expect these authorities to screw up even the next big exercise in their own franchise: the 2020 election. It will be the climax to a season of political hysteria and will complete the chapter of our history that left us on that smoldering big bus in the ditch. The scramble away from that disaster scene will be frightful and desperate. No matter who ends up in control of the government — or pretends to be — the same forces of contraction and decomplexifying will actually rule and you will have to act accordingly.
Many people will seek to escape the places they live now to find new homes and livelihoods elsewhere. These demographic movements are already underway. New York City is hemorrhaging much of its tax base as the wealthy flee, Chicago too, and the whole state of California. These places will be overwhelmed by functional bankruptcy, even if legal legerdemain allows them to avoid declaring it. Other states, counties and municipalities — including many suburban blobs — will also founder, meaning all the usual support systems and safety nets vanish. Many supply chains will break. Money may either be scarce or worthless, which are two ways of going broke. Thunderbolts of the Gods David Talbott & Wallac... Best Price: $34.26 Buy New $27.00 (as of 02:57 UTC - Details)
Right now, start planning where you might go and what you can do. The turmoil will be filled with opportunity to find ways to be useful to other people, to devise work-arounds for ruptured systems and relationships, in getting food to people, making things they need, distributing them, fixing things that are broken where possible, and moving people and stuff from point A to point B. There will be plenty of work for people who are willing to do it. Keep in mind that it’s entirely up to you to make good choices.
Don’t despair, and if you find yourself veering toward it, get over yourself. It’s just part of becoming stronger than you thought you could be, and the times will require it of you anyway. The offices that gave out brownie points for avouched victimhood will also be shutting down. Won’t that be a relief? Welcome to the joyful illumination that life is difficult for everybody. Who is ready for this epic journey?
Reprinted with permission from Kunstler.com.
The Best of James Howard Kunstler


lewrockwell--2020-07-18--Bill Gates and the Depopulation Agenda

Bill Gates and the Depopulation Agenda

For over twenty years Bill Gates and his Foundation , the Bill and Melinda Gates Foundation ( BMGF ) have been vaccinating foremost children by the millions in remote areas of poor countries , mostly Africa and Asia .
Most of their vaccination program had disastrous results , causing the very illness ( polio , for example in India ) and sterilizing young women ( Kenya , with modified tetanus vaccines ) .
Many of the children died .
Many of the programs were carried out with the backing of the WHO and – yes – the UN Agency responsible @ @ @ @ @ @ @ .
Most of these vaccination campaigns were implemented without the informed-consent of the children , parents , guardians or teachers , nor with the informed-consent , or with forged consent , of the respective government authorities .
In the aftermath , The Gates Foundation was sued by governments around the world , Kenya , India , the Philippines – and more .
The Guarded Gate : Bigo ... Okrent , Daniel Best Price : $ 17.11 Buy New $ 16.49 Bill Gates has a strange image of himself .
He sees himself as @ @ @ @ @ @ @ vaccination – and through population reduction .
Around the time , when the 2010 Rockefeller Report was issued , with its even more infamous “ Lock Step ” Scenario , precisely the scenario of which we are living the beginning right now , Bill Gates talked on a TED show in California , “ Innovating to Zero ” about the use of energy .
He used this TED presentation to promote his vaccination programs , literally saying , “ If we are doing a real good job vaccinating childen , we can reduce @ @ @ @ @ @ @ 15 % ” .
This sounds very much like eugenics .
The video , the first 6 ’ 45 ” , “ The Truth about Bill Gates and his Disastrous Vaccination Program ” , will tell you all about it .
Read also Gates ’ Globalist Vaccine Agenda : a Win-Win for Pharma and Mandatory Vaccination by Robert F Kennedy Jr Robert F Kennedy Jr , an avid Defender of Children ’ s Rights and anti-vaccination activist , has launched a petition sent to the White House , calling for “ Investigations into @ @ @ @ @ @ @ ’ for Medical Malpractice & Crimes Against Humanity “ Coronavirus – No Vaccine Is Needed to Cure It If you wish to Sign the Petition click Here See also brief video featuring Author Bill Still ( 6 min ) entitled The Truth about Bill Gates and his disastrous Vaccination Programs around the World Now Mr. Gates and his allies , including Big-Pharma , WHO , UNICEF , Dr. Anthony Fauci , Director of NIAID / NIH , a close ally of Mr. Gates – and of course , Agenda ID2020 , are proposing @ @ @ @ @ @ @ people around the globe , with their concoction of a ( so far ) untested coronavirus vaccine .
This is a multi-billion dollar bonanza for Big Pharma and for all those who support the vaccine .
Nobody will really know what the vaccine cocktail will contain .
They intend to start with the Global South ( Developing Countries ) and then gradually move North ( Developed Countries ) .
Mind you , there is no need for a vaccine to cure the corona virus .
There are many cures : United Nation ’ @ @ @ @ @ @ @ Price : $ 10.77 Buy New $ 9.95 French Professor Didier Raoult , who is one of the world ’ s top 5 scientists on communicable diseases , suggested the use of hydroxychloroquine ( Chloroquine or Plaquenil ) , a well-known , simple , and inexpensive drug , also used to fight Malaria , and that has shown efficacy with previous coronaviruses such as SARS .
By mid-February 2020 , clinical trials at his institute and in China already confirmed that the drug could reduce the viral load and bring spectacular improvement .
@ @ @ @ @ @ @ more than 100 patients and announced that the Chinese National Health Commission would recommend Chloroquine in their new guidelines to treat Covid-19 .
( Peter Koenig , April 1 , 2020 ) Peter Koenig is an economist and geopolitical analyst .
He is also a water resources and environmental specialist .
He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water .
He lectures at universities in the US , Europe and South America .
He writes regularly @ @ @ @ @ @ @ ; Sputnik ; PressTV ; The 21st Century ; Greanville Post ; Defend Democracy Press , TeleSUR ; The Saker Blog , the New Eastern Outlook ( NEO ) ; and other internet sites .
He is the author of Implosion – An Economic Thriller about War , Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe .
He is also a co-author of The World Order and Revolution !
– Essays from the Resistance .
Peter Koenig is a Research @ @ @ @ @ @ @ Globalization .
The original source of this article is Global Research .

For over twenty years Bill Gates and his Foundation, the Bill and Melinda Gates Foundation (BMGF) have been vaccinating foremost children by the millions in remote areas of poor countries, mostly Africa and Asia. Most of their vaccination program had disastrous results, causing the very illness (polio, for example in India) and sterilizing young women (Kenya, with modified tetanus vaccines). Many of the children died. Many of the programs were carried out with the backing of the WHO and – yes – the UN Agency responsible for the Protection of Children, UNICEF.
Most of these vaccination campaigns were implemented without the informed-consent of the children, parents, guardians or teachers, nor with the informed-consent, or with forged consent, of the respective government authorities. In the aftermath, The Gates Foundation was sued by governments around the world, Kenya, India, the Philippines – and more.
The Guarded Gate: Bigo... Okrent, Daniel Best Price: $17.11 Buy New $16.49 (as of 04:44 UTC - Details) Bill Gates has a strange image of himself. He sees himself as The Messiah who saves the world through vaccination – and through population reduction.
Around the time, when the 2010 Rockefeller Report was issued, with its even more infamous “Lock Step” Scenario, precisely the scenario of which we are living the beginning right now, Bill Gates talked on a TED show in California, “Innovating to Zero” about the use of energy.
He used this TED presentation to promote his vaccination programs, literally saying, “If we are doing a real good job vaccinating childen, we can reduce the world population by 10% to 15%”.
This sounds very much like eugenics.
The video, the first 6’45”, “The Truth about Bill Gates and his Disastrous Vaccination Program”, will tell you all about it.
Read also Gates’ Globalist Vaccine Agenda: a Win-Win for Pharma and Mandatory Vaccination by Robert F Kennedy Jr
Robert F Kennedy Jr, an avid Defender of Children’s Rights and anti-vaccination activist, has launched a petition sent to the White House, calling for “Investigations into the ‘Bill and Melinda Gates Foundation’ for Medical Malpractice & Crimes Against Humanity“
Coronavirus – No Vaccine Is Needed to Cure It
Screenshot
The World Order and Re... Koenig, Peter Best Price: $28.23 Buy New $26.14 (as of 04:10 UTC - Details) “At the forefront of this is Bill Gates, who has publicly stated his interest in “reducing population growth” by 10-15%, by means of vaccination. Gates, UNICEF & WHO have already been credibly accused of intentionally sterilizing Kenyan children through the use of a hidden HCG antigen in tetanus vaccines”. (Excerpt from text of Petition)
Link to the Petition.
If you wish to Sign the Petition click Here
(At the time of writing, the petition had over 265,000. It requires 100,000 for an answer from the White House)
Video: Robert F. Kennedy Junior
See also brief video featuring Author Bill Still ( 6 min) entitled The Truth about Bill Gates and his disastrous Vaccination Programs around the World
Robert. F. Kennedy Exposes Bill Gates’ Vaccination Agenda
Now Mr. Gates and his allies, including Big-Pharma, WHO, UNICEF, Dr. Anthony Fauci, Director of NIAID / NIH, a close ally of Mr. Gates – and of course, Agenda ID2020, are proposing to (force) vaccinate 7 billion people around the globe, with their concoction of a (so far) untested coronavirus vaccine. This is a multi-billion dollar bonanza for Big Pharma and for all those who support the vaccine. Nobody will really know what the vaccine cocktail will contain. They intend to start with the Global South (Developing Countries) and then gradually move North (Developed Countries).
Mind you, there is no need for a vaccine to cure the corona virus. There are many cures: United Nation’s ... Ball, Dennis Andrew Best Price: $10.77 Buy New $9.95 (as of 04:44 UTC - Details)
French Professor Didier Raoult, who is one of the world’s top 5 scientists on communicable diseases, suggested the use of hydroxychloroquine (Chloroquine or Plaquenil), a well-known, simple, and inexpensive drug, also used to fight Malaria, and that has shown efficacy with previous coronaviruses such as SARS. By mid-February 2020, clinical trials at his institute and in China already confirmed that the drug could reduce the viral load and bring spectacular improvement. Chinese scientists published their first trials on more than 100 patients and announced that the Chinese National Health Commission would recommend Chloroquine in their new guidelines to treat Covid-19. (Peter Koenig, April 1, 2020)
Be aware, awake, alert and warned.
Peter Koenig is an economist and geopolitical analyst. He is also a water resources and environmental specialist. He worked for over 30 years with the World Bank and the World Health Organization around the world in the fields of environment and water. He lectures at universities in the US, Europe and South America. He writes regularly for Global Research; ICH; RT; Sputnik; PressTV; The 21st Century; Greanville Post; Defend Democracy Press, TeleSUR; The Saker Blog, the New Eastern Outlook (NEO); and other internet sites. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.
Peter Koenig is a Research Associate of the Centre for Research on Globalization.
The original source of this article is Global Research.