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Nicholas Strakon
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  Ronald Neff
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New! Article by Edward Morrison Morley posted August 27, 2021.
 

Posted September 16, 2021.

Edward Morrison Morley: The triumph of Newsom. From the New York Times, September 15, 2021: “Newsom Beat the Recall, Now Comes the Hard Part: Governing California,” by Shawn Hubler.

Editor’s intro: “Gov. Gavin Newsom is facing multiple crises. Ninety percent of California is in extreme drought. The median home price has eclipsed $800,000. Some 100,000 people are sleeping outside or in their cars.”

Somehow the Times left out California’s two principal crises: a hopelessly incompetent ideologue as “governor,” and the fact that said incompetent and the entire lefty population of the United States regard California as a “laboratory for progressive policies.” (Google that phrase and see how many hits you get. Are so-called journalists so mentally impoverished that all they can do is plagiarize catch phrases from each other? [Editor’s note: That question is just “baseless.” — Nicholas Strakon])

California reminds one of an old Soviet joke.

Boy: “Dad, is it true that the Soviet Union is a laboratory for the future?”

Dad: “Yes, my son. The USSR is a noble experiment.”

Boy: “Then why didn’t they try it out on animals first?” Ω

 
Posted September 8, 2021.

Nicholas Strakon: DIE-versity! At VDARE, Paul Kersey reports: “Black Marine General: Corps Needs ‘Increased Diversity’ to Face China and Russia — It’s an Ethical Imperative!” (September 7, 2021).

This may be the next best thing to abolishing the Marine Corps outright. Ooorah! Ω
 

Nicholas Strakon: On the subject of abolition, here’s a worthwhile piece at (believe it or not) Salon: “Debacle in Afghanistan: Likely Taliban victory signals the collapse of American empire,” by Chris Hedges (July 28, 2021).

Editor’s intro: “After 20 years of carnage and $1 trillion, the tragic Afghan misadventure is over — and that’s just for starters.”

Hedges quotes Mark Twain to good effect. But he also delivers this boneheaded prediction: The collapse “will spawn an authoritarian state to keep order and, I expect, a Christianized fascism.” The authoritarian state, we’ve already got, of course, though it will get a good deal worse. But ... Christianized? Well, I guess leftists just gonna Left.

Imperial collapse will be a splendid thing in itself, but it is likely to result in many of us weefolk being crushed by the falling pillars. Hedges agrees. Ω
 

Nicholas Strakon: In this video excerpt, Dan Bongino goes to work on Rolling Stone’s Ivermectin crackup and the rest of the leftist media’s demented credulity toward it.

According to Bongino, Rolling Stone even posted a (transparently) dishonest photo to illustrate their “story”!

This is a delicious comeuppance for Minitrue — assuming lots of normal people hear about it. Since it has to do with leftist hysteria here at home, it’s much tastier than ABC News’s attempt, in October 2019, to represent footage from a gun show in Kentucky as a Turkish terror attack on a Syrian village.

Minor disappointment: Sleepy Joe didn’t stumble into endorsing the Rolling Stone piece. That would have made the whole thing perfect.

So how did such a brain-dead faction of crazy-evil fantasists take over every major institution in our country? As I’ve said a thousand times before: This is what comes, after more than a century, from a lack of significant principled opposition. Ω
 

Posted September 3, 2021.

Edna St. Louis Missouri: Here’s a surprise. Greg Ip columnizes in the Wall Street Journal (September 2, 2021): “Strategy for High Inflation? Raise the Target,” revealing that in 2017, several of the current president’s economic advisors — Heather Boushey, Jared Bernstein, and Gene Sperling, along with AFL-CIO Chief Economist William Spriggs, whom Biden is considering for a seat on the Federal Reserve Board, and others — signed a letter calling for the Fed to raise its 2 percent inflation target. Another signatory, Jason Furman, who was chair of the Council of Economic Advisors under the Obama/Biden regime and is now at Harvard, thinks that inflation will be at 3 percent in 2022 and after, and suggests that the Fed raise its target to (SPOILER ALERT!) 3 percent. This seems like a return to the old “Shoot the Arrow and Then Move the Target to Where It Landed” school of forecasting.

By the way, Ip seems to think it’s a good idea. Why? Because it would “reduce economic volatility” and allow employers to cut expenses by freezing pay as inflation goes up. Ω

Also see Miss St. Louis Missouri’s observation of August 31, “Economists? Us?” below.
 
Posted September 1, 2021.

Edna St. Louis Missouri: Dead internet theory.

Editor’s note: Did I mention that Dr. Edna is now also TLD’s internet and legal issues correspondent? Well, she is and she’s here, so get used to it. Nicholas Strakon
There is a theory that has been circulating on the internet that the internet died in 2016 or 2017. What this means is that practically everything you see on line is created not by actual people but by artificial intelligence (AI), and is spread by bots. The theory breaks down somewhat when it allows that “influencers” are being paid by mega corporations in cahoots with the government to get us both to buy stuff from the big tech/industrial complex and to buy political wares on offer from the government and big media. These seem like live people — so to speak — who aren’t any more dead than the people behind recorded television and radio broadcasting and ads.

However, if you check Wikipedia for “dead internet,” you get the following: “The page ‘Dead Internet’ does not exist.” That pretty much proves the theory. Ω
 

Posted August 31, 2021.

Edna St. Louis Missouri: Economists? Us?

Editor’s note: Dr. Edna St. Louis Missouri is TLD’s new education and economics columnist. Raised as a child by Ludwig and Margit von Mises, but eschewing Ayn Rand (“I never could stand Aynie or that oafish Branden character either,” in her words), she later went on to study with Frank Chodorov “of blessed memory,” though not imbibing of his Georgism; and Rose Wilder Lane. Dr. Missouri is well-qualified to comment on education and economics, as she now serves as an advisor to several hedge funds that prefer to remain anonymous. Nicholas Strakon
According to news reports on Friday, August 28, 2021, the White House has more than doubled its forecast for inflation over what it had predicted in May 2021. Consumer prices are expected to rise 4.8 percent, up sharply from a 2 percent rise foreseen only three months earlier. How did the administration describe this? “We think this trajectory is very much consistent with the inflation outlook we’ve been discussing pretty much since we got here.” So a forecast with a 140 percent margin of error is “consistent” with what they’ve been saying all along? The good news, however, is that officials reduced their projections for an annual budget shortfall from $3.7 trillion to a mere $3,100,000,000. No wonder people learn to keep their hands on their wallets when economists are in the room.

Conclusions:

1. Whatever happens with inflation, the Biden administration will describe it as “very much consistent” with their forecasts; and

2. eventually they hope that people will come to see trillion-dollar deficits as pretty much inconsequential and not really worth much attention. Ω
 

What do you think?
 
“Stop and think” archive.


 
TLD is a forum of opinion, edited by hard-core market anarchists, that does not flinch from any of the most pressing issues of our time. We are especially interested in questions of culture and ethnicity, our Polite Totalitarian ruling class, and the homicidal humanitarianism of the U.S. Empire.

Our writers include anarcho-pessimists, Old Believers in the West, unreconstructed Confederates, neo-Objectivists, and other enemies of the permanent regime. We are conscientiously indifferent to considerations of thoughtcrime. Thus, from individualist and Euro-American perspectives, we confront the end of civilization — and do our level best to name its destroyers. (More about who we are.)

— Nicholas Strakon, editor-in-chief
Ronald N. Neff, managing editor
 

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Joe Sobran

“Whoever said ‘Eternal vigilance is the price of liberty’ didn’t realize it, but he was thinking of The Last Ditch.

— Jared Taylor, editor of American Renaissance


Permanently recommended readings

"What Is Austrian Economics?" (Mises Institute)
"I, Pencil," by Leonard E. Read (Liberty Fund;
scroll down for text)
"The Epistemological Basis of Anarchism,"
by Roy A. Childs, Jr. (TLD)
"Polite totalitarianism," by Ronald N. Neff (TLD)


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