Monday, October 29, 2018

Fact-Checking the Establishment’s “Fact-Checkers”: How the “Fake News” Story Is Fake News

ORIGINAL LINK

It would be an understatement to say that during U.S. President Donald Trump’s term in office, the issue of truth and falsehoods has been a central topic of political discourse. It was a reoccurring issue throughout the 2016 election

The post Fact-Checking the Establishment’s “Fact-Checkers”: How the “Fake News” Story Is Fake News appeared first on Global Research.



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Sunday, October 28, 2018

Avoid The Slippery Slope (Censorship Exposes The Censor's Weakness)

Avoid The Slippery Slope (Censorship Exposes The Censor's Weakness)

Logically they can’t have it both it ways. Their current exemption was a product of legislation. They should be forced to make a choice: they are either open platforms and retain their legislative exemption for publisher’s content responsibility, or they choose what they publish but bear the civil and criminal consequences of defamatory or criminal content.

https://www.zerohedge.com/news/2018-10-27/avoid-slippery-slope-censorship-exposes-censors-weakness

Constitutional Right to Home-School? - Volokh Conspiracy : Reason.com

https://reason.com/volokh/2018/10/23/constitutional-right-to-home-school

The US military’s vision for state censorship, by Andre Damon - The Unz Review

http://www.unz.com/article/the-us-militarys-vision-for-state-censorship/#

Gab Booted By Hosting Company After Synagogue Shooting

ORIGINAL LINK

Following the Pittsburgh synagogue shooting, social media network Gab was given notice by its hosting provider, Joyent, that they have until Monday to move the website elsewhere before they would disable it. 

In a Sunday tweet, Gab said: "@joyent, Gab’s new hosting provider, has just pulled our hosting service. They have given us until 9am on Monday to find a solution. Gab will likely be down for weeks because of this. Working on solutions."

Breaking: @joyent, Gab’s new hosting provider, has just pulled our hosting service. They have given us until 9am on Monday to find a solution. Gab will likely be down for weeks because of this. Working on solutions. We will never give up on defending free speech for all people. pic.twitter.com/YvnBOFoQQn

— Gab.com🍂 (@getongab) October 28, 2018

Thanks to Gab, these law enforcement agencies now have concrete evidence and a clear motive. MORE speech is ALWAYS the answer.

Now Gab is being forced off the internet for the disgusting actions of one man.

— Gab.com🍂 (@getongab) October 28, 2018

Gab came under fire immediately after the shooting when it was revealed that suspected attacker Robert Bowers was an active user who frequently ranted against Jews and President Trump. His last post on Gab reads in part: "Screw your optics, I'm going in" shortly before killing 11 people at the Tree of Life congregation in Squirrel Hill. 

Hours after the shooting, PayPal severed ties with Gab with no explanation: 

BREAKING: https://t.co/J3Rfto6fi3 is now banned from Paypal "just because." pic.twitter.com/VA1NhY5zhr

— Gab.com🍂 (@getongab) October 27, 2018

In August, Microsoft threatened to cease hosting services for Gab over two anti-Semitic posts, according to founder Andrew Torba, who deleted the posts and subsequently moved hosts to Joyent.  

Reactions to Gab's "deplatforming" have ranged from shock to applause. 

Despite my being very liberal and veering decidedly left on the political spectrum, I see this as a terrible thing...we need to be able to discuss these issues and forcing certain viewpoints underground or out of the way is not right...ever

— Melissa (@winkle1983) October 28, 2018

Ridiculous decision @joyent This nut job was always going to commit this horrific crime, whether he made public comments or not. The fact that he did make public comments have helped FBI & DOJ. Silencing people doesn't stop their physical actions does it?! Gab is not responsible!

— Mark Morris (@MarkMorris1980) October 28, 2018

"Cry me a River" pic.twitter.com/K4OaCjf48d

— American Patriot 🌊 🌊 (@rjldenny) October 28, 2018

pic.twitter.com/Pe110vyxyx

— 💸Dollar $tore Prophet💸 (@ds_prophet) October 28, 2018

They've already received at least one offer for a new host: 

We would be more than glad to work with you https://t.co/9yOTMS2WZQ, we also think free speech is important we are an almost 1 year old hosting provider and host multiple free speech chan's and sites and have not bent over to censoring our clients or kicking them out.

— Sibyl Systems LTD (@sibyl_ltd) October 28, 2018

As Gab and others noted yesterday following PayPal's decision, Robert Bowers posted to other social media networks, while plenty of bigoted, threatening and "hateful" content exists on the likes of Twitter, Facebook, Instagram and elsewhere. 



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Saturday, October 27, 2018

PayPal Bans Social Network Gab.com After Synagogue Attacker Revealed As User

ORIGINAL LINK

Hours after it was revealed that the Tree of Life Synagogue suspect was a user of social media network Gab.ai, PayPal severed all ties with the platform, providing no explanation. 

The shooter, 46-year-old Robert Bowers, posted anti-Semitic and anti-Trump rhetoric over Gab, which bills itself as the "home of free speech" due to the minimal censorship employed by the site. Shortly before the shooting, he posted a message to Gab which condemns the Hebrew Immigrant Aid Society (HIAS) which he wrote "likes to bring invaders in that kill our people," before writing: "Screw your optics, I'm going in.

Following the shooting, Gab quickly removed Bowers' account and sent all information to the FBI and DOJ. Torba then issued a full statement confirming the alleged attacker's presence on the site, and noting that Gab had taken immediate action unlike other social media platforms. 

Social media often brings out the best and the worst of humanity. From live streamed murders on Facebook, to threats of violence by bombing suspect Cesar Sayoc Jr. that went unaddressed by Twitter, and more. Criminals and criminal behavior exist on every social media platform.

Shortly after the attack, Gab was alerted to a user profile of the alleged Tree of Life Synagogue shooter. The account was verified and matched the name of the alleged shooter’s name, which was mentioned on police scanners. This person also had accounts on other social networks.

That apparently wasn't enough for PayPal (which, we would note, didn't sever ties with Facebook despite Bowers' presence on the site, or Instagram after it was revealed that Parkland shooter Nikolas Cruz posted pictures of weapons to the network). 

In a letter addressed to Gab CEO Andrew Torba, PayPal wrote: "We are hereby notifying you that we are terminating our relationship with your pursuant to PayPal's User Agreement. Under the PayPal User Agreement, PayPal, at its sole discretion, reserves the right to terminate your account for any reason and at any time upon notice to you." 

Torba was ordered to remove "all references to PayPal." 

BREAKING: https://t.co/J3Rfto6fi3 is now banned from Paypal "just because." pic.twitter.com/VA1NhY5zhr

— Gab.com🍂 (@getongab) October 27, 2018

Perhaps Torba was banned after he spoke ill of Big Tech:  

If you are a terrorist the absolute worst place for you to be online is https://t.co/J3Rfto6fi3.

We will work directly with law enforcement without hesitation, as was displayed today.

Can the same be said about Big Tech?

— Gab.com🍂 (@getongab) October 27, 2018

Gab's blacklisting has not gone unnoticed:  

Update: PayPal has cancelled its relationship with social media company @getongab in wake of the Pittsburgh #SynogogueShooting .. but not Facebook, where he reportedly also had an account.

— scott budman (@scottbudman) October 27, 2018

Hey @getongab: I haven't heard anyone complaining that @facebook and @twitter allowed the Mad Pipe Bomber to have multiple accounts with them.

— Jared Beck (@JaredBeck) October 27, 2018

Gab is not a white supremacist site. It’s a free speech platform.

“If you’re really in favor of free speech, then you’re in favor of freedom of speech for precisely the views you despise. Otherwise, you’re not in favor of free speech.” — Noam Chomsky https://t.co/FfAeOipdy3

— Cassandra 🦇 Fairbanks (@CassandraRules) October 27, 2018

I cannot believe this. CNN and @BrianStelter, who I like, are blaming GAB @GetOnGab for the Tree of Life Synagogue shooting.

— Carmine Sabia (@CarmineSabia) October 27, 2018

The Pittsburgh terrorist has a Gab and facebook account.

- Gab immedietly deleted his account and issued a statement CONDEMNING it.
- Facebook have yet to issue a statement.

Yet @paypal have BANNED Gab "just because", but haven't banned facebook.

What's up? https://t.co/1aPY5vvleE

— PeterSweden (@PeterSweden7) October 27, 2018

Others were happy to see Gab get the "Alex Jones" treatment, including "The world's youngest hedge fund manager" Jacob Wohl, who called for a police state with the suggestion that "Law enforcement agencies should embed thousands of undercover accounts on the site and establish watchlists."

@getongab I'm looking forward to you receiving the Alex Jones treatment and being permanently banned from the internet, even if it does bend the law.

— Robert Caruso (@robertcaruso) October 27, 2018

The concept Gab pursued, of being a “Free Speech Platform”, is noble.

But let’s also be realistic. The site is a one giant cesspool of Jew-hating lunatics.

Law enforcement agencies should embed thousands of undercover accounts on the site and establish watchlists.

— Jacob Wohl (@JacobAWohl) October 27, 2018

Twitter is one giant cesspool of Jew-hating lunatics.

We have nearly 800,000 users and you are going to generalize them all as one thing?

Let's be realistic: you are no better than the left, which you rally against, for generalizing millions of people as "racists." https://t.co/HdXvqJ13zU

— Gab.com🍂 (@getongab) October 27, 2018


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US Shale Oil Industry: Catastrophic Failure Ahead

ORIGINAL LINK

Authored by Steve St.Angelo via SRSRoccoReport.com,

While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt.  Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry still spends more than it makes.  When we add up all the negative factors weighing down the shale oil industry, it should be no surprise that a catastrophic failure lies dead ahead.

Of course, most Americans have no idea that the U.S. Shale Oil Industry is nothing more than a Ponzi Scheme because of the mainstream media’s inability to report FACT from FICTION.  However, they don’t deserve all of the blame as the shale energy industry has done an excellent job hiding the financial distress from the public and investors by the use of highly technical jargon and BS.

For example, Pioneer published this in the recent Q2 2018 Press Release:

Pioneer placed 38 Version 3.0 wells on production during the second quarter of 2018. The Company also placed 29 wells on production during the second quarter of 2018 that utilized higher intensity completions compared to Version 3.0 wells. These are referred to as Version 3.0+ completions. Results from the 65 Version 3.0+ wells completed in 2017 and the first half of 2018 are outperforming production from nearby offset wells with less intense completions. Based on the success of the higher intensity completions to date, the Company is adding approximately 60 Version 3.0+ completions in the second half of 2018.

Now, the information Pioneer published above wasn’t all that technical, but it was full of BS.  Anytime the industry uses terms like “Version 3.0+ completions” to describe shale wells, this normally means the use of  “more technology” equals “more money.”  As the shale industry goes from 30 to 60 to 70 stage frack wells, this takes one hell of a lot more pipe, water, sand, fracking chemicals and of course, money.

However, the majority of investors and the public are clueless in regards to the staggering costs it takes to produce shale oil because they are enamored by the “wonders of technology.”  For some odd reason, they tend to overlook the simple premise that…

MORE STUFF costs MORE MONEY.

Of course, the shale industry doesn’t mind using MORE MONEY, especially if some other poor slob pays the bill.

Shale Oil Industry: Deep The Denial

According to a recently released article by 40-year oil industry veteran, Mike Shellman,  “Deep The Denial,” he provided some sobering statistics on the shale industry:

I recently put somebody very smart on the necessary research (SEC K’s, press releases regarding private equity to private producers, etc.) to determine what total upstream shale oil debt actually is. We found it to be between $285-$300B (billion), both public and private. Kallanish Energy Consultants recently wrote that there is $240B of long term E&P debt in the US maturing by 2023 and I think we should assume that at least 90 plus percent of that is associated with shale oil. That is maturing debt, not total debt.

… By year end 2019 I firmly believe the US LTO industry will then be paying over $20B annually in interest on long term debt.

Using its own self-touted “breakeven” oil price, the shale oil industry must then produce over 1.5 Million BOPD just to pay interest on that debt each year. Those are barrels of oil that cannot be used to deleverage debt, grow reserves, not even replace reserves that are declining at rates of 28% to 15% per year… that is just what it will take to service debt.

Using its own “breakeven” prices the US shale oil industry will ultimately have to produce 9G BO of oil, as much as it has already produced in 10 years…just to pay its total long term debt back.

Using Mike’s figures, I made the following chart below:

For the U.S. Shale Oil Industry just to pay back its debt, it must produce 9 billion barrels of oil. That is one heck of a lot of oil as the industry has produced about 10 billion barrels to date.  Again, as Mike states, it would take 9 billion barrels of shale oil to pay back its $285-300 billion of debt (based on the shale industry’s very own breakeven prices).

Furthermore, the shale industry may have to sell a quarter of its oil production (1.5 million barrels per day) just to service its debt by the end of 2019.  According to the EIA, the U.S. Energy Information Agency, total shale oil (tight oil) production is now 6.2 million barrels per day (mbd):

The majority of shale oil production comes from three fields and regions, the Eagle Ford (Blue), the Bakken (Yellow) and the Permian (light, medium & dark brown).  These three fields and regions produce 5.2 mbd of the total 6.2 mbd of shale production.

Unfortunately, the shale industry continues to struggle with mounting debt and negative free cash flow.  The EIA recently published this chart showing the cash from operations versus capital expenditures for 48 public domestic oil producers:

You will notice that capital expenditures (brown line) are still higher than cash from operations (blue line).  So, it doesn’t seem to matter if the oil price is over $100 (2013-2014) or less than $70 (2017-2018), the shale oil industry continues to spend more money than it’s making.  The shale energy companies have resorted to selling assets, issuing stock and increasing debt to supplement their inadequate cash flow to fund operations.

A perfect example of this in practice is Pioneer Resources… the number one shale oil producer in the mighty Permian.  While most companies increased their debt to fund operations, Pioneer decided to take advantage of its high stock price by raising money via share dilution.  Pioneer’s outstanding shares ballooned from 115 million shares in 2010 to 170 million by 2017.  From 2011 to 2016, Pioneer issued a staggering $5.4 billion in new stock:

So, as Pioneer issued over $5 billion in stock to produce unprofitable shale oil and gas, Continental Resources racked up more than $5 billion in debt during the same period.  These are both examples of “Ponzi Finance.”  Thus, the shale energy industry has been quite creative in hoodwinking both the shareholder and capital investor.

Now, there is no coincidence that I have focused my research on Pioneer and Continental Resources.  While Continental is the poster child of what’s horribly wrong with the shale oil industry in the Bakken, Pioneer is a role model for the same sort of insanity and delusional thinking taking place in the Permian.

Pioneer Spends A Lot More Money With Unsatisfactory Production Results

To be able to understand what is going on in the U.S. shale industry, you have to be clever enough to ignore the “Techno-jargon” in the press releases and read between the lines.  As mentioned above, Pioneer stated that it was going to add a lot more of its “high-tech” Version 3.0+ completion wells in the second half of 2018 because they were outperforming the older versions.

Well, I hope this is true because Pioneer’s first half 2018 production results in the Permian were quite disappointing compared to the previous period.  If we compare the increase of Pioneer’s shale oil production in the Permian versus its capital expenditures, something must be seriously wrong.

First, let’s look at a breakdown of Pioneer’s Permian energy production from their September 2018 Investor Presentation:

Pioneer’s Permian oil and gas production is broken down between its horizontal shale and vertical convention production.  I will only focus on its horizontal shale production as this is where the majority of their capital expenditures are taking place.  The highlighted yellow line shows Pioneer’s horizontal shale oil production in the Permian Basin.

You will notice that Pioneer’s shale oil production increased significantly in Q3 & Q4 2017 versus Q1 & Q2 2018.  Furthermore, Pioneer’s shale gas production surged in Q2 2018 by nearly 50% (highlighted with a red box) compared to oil production only increasing 5%.  That is a serious RED FLAG for natural gas production to jump that much in one quarter.

Secondly, by comparing the increase of Pioneer’s quarterly shale oil production in the Permian with its capital expenditures, the results are less than satisfactory:

The RED LINE shows the amount of capital expenditures spent each quarter while the OLIVE colored BARS represent the increase in Permian shale oil production.  To simplify the figures in this chart, I made the following graphic below:

Pioneer spent $1.36 billion in the second half of 2017 to increase its Permian shale oil production by 30,232 barrels per day (bopd) compared to $1.7 billion in the first half of 2018 which only resulted in an additional 10,832 bopd.  Folks, it seems as if something seriously went wrong for Pioneer in the Permian as the expenditure of $340 million more CAPEX resulted in two-thirds less the production growth versus the previous period.

Third, while Pioneer  (stock ticker PXD) proudly lists that they are one of the lowest cost shale producers in the industry, they still suffer from negative free cash flow:

As we can see, Pioneer lists their breakeven oil price at approximately $22, which is downright hilarious when they spent $132 million more on capital expenditures than the made in cash from operations:

The public and investors need to understand that “oil breakeven costs” do not include capital expenditures.   And according to Pioneer’s Q2 2018 Press Release, the company plans on spending $3.4 billion on capital expenditures in 2018.  The majority of the capital expenditures are spent on drilling and completing horizontal shale wells.

For example, Pioneer brought on 130 new wells in the first half of 2018 and spent $1.7 billion on CAPEX (capital expenditures) versus 125 wells and $1.36 billion in 2H 2017.  I have seen estimates that it cost approximately $9 million for Pioneer to drill a horizontal shale well in the Permian.  Thus, the 130 wells cost nearly $1.2 billion.

However, the interesting thing to take note is that Pioneer brought on 125 wells in 2H 2017 to add 30,000+ barrels of new oil production compared to 130 wells in 1H 2018 that only added 10,000+ barrels.  So, how can Pioneer add five more wells (130 vs. 125) in 1H 2018 to see its oil production increase a third of what it was in the previous period?  

Regardless, the U.S. shale oil industry continues to spend more money than they make from operations.  While energy companies may have enjoyed lower costs when the industry was gutted by super-low oil prices in 2015 and 2016, it seems as if inflation has made its way back into the shale patch.  Rising energy prices translate to higher costs for the shale energy industry.  Rinse and repeat.

Unfortunately, when the stock markets finally crack, so will energy and commodity prices.  Falling oil prices will cause severe damage to the Shale Industry as it struggles to stay afloat by selling assets, issuing stock and increasing debt to continue producing unprofitable oil.

I believe the U.S. Shale Oil Industry will suffer catastrophic failure from the impact of deflationary oil prices along with peaking production.  While U.S. Shale Oil production has increased exponentially over the past decade, it will likely come down even faster.

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The Establishment Must Undermine Alternative Economists As Crisis Unfolds

ORIGINAL LINK

Authored by Brandon Smith via Alt-Market.com,

There is a notion within the mainstream media that certain economic indicators are unassailable; they never stop being reliable. The way they look at and report on the system is rather outdated and extremely limited in scope; showcasing and cherry picking only net-positive statistics, even if those stats don’t represent reality. The result is a kind of holographic view of the financial structure; a mirage of a healthy and vibrant foundation that simply does not exist.

This fraudulent view appeals to the masses for a time because it provides fuel for false hopes. In economics, an analyst must always account for two major factors: the hard math and human psychology. These factors tend to conflict during times when a financial bubble is present, and they tend to converge when such bubbles implode. One must never underestimate the power of public psychology, though. Even when the math is screaming that danger is present in the system, a naive and misinformed populace (coupled with central bank manipulation) can keep a dead economy in a state of profane reanimation for much longer than seems logically possible.

This magic show only lasts for so long, however, and eventually the truth strikes those with blind faith in the machine brutally and without mercy.

On the financial side of the great farce, most of the “positive” signs we see are purely debt driven. Cheap debt and credit liquidity has kept zombie banks alive for years beyond their expiration date, but it has also trickled down into main street, where we see extensive commercial retail development and a spike in employment opportunities. Of course, the box stores and construction are being undertaken by developers deep in the red, and most of the debt will not be paid off for years, if at all.

The rise in job creation extends from the retail bubble, where low wage service jobs are available in abundance, yet higher wage jobs that support families are dwindling. This explains why companies looking to fill vacant employee positions are having such a hard time. Over 95 million working-age people are unemployed in the U.S. but are not counted as unemployed by the Bureau of Labor Statistics. Millions of people who find it more profitable to stay home and collect welfare benefits than slave away in a McDonald’s or a Walmart.

The stock market itself is essentially another debt bubble, driven by corporate stock buybacks that have been funded for years by overnight loans from the Federal Reserve as well as near zero interest rates. As interest rates rise even moderately, the debt becomes unserviceable, and thus, the bull market begins to fizzle and stocks begin to plunge.

As I have covered often over the years, that which we see in the mainstream version of economic events is rarely, if ever, supported by concrete evidence. The establishment media acts not as an information source, but as a tool for encouraging public ignorance which can then be exploited to feed the broken economy for just a little while longer. I suspect some of these gatekeepers even pride themselves as “liars with a noble purpose;” the purpose being to mold perception of the system and thereby extend the life of the system. They see themselves as guardians — I see them as saboteurs.

While many in the public do not make it their ambition to become experts on the mechanics of the economy, people still tend to sense instinctively when something is broken within the fiscal environment. They may not know why there is a problem, but absurd optimism can only levitate them above the muck for so long.

Recent events are beginning to reveal the extent of the fantasy. These are issues that alternative analysts have been warning about for the better part of the past decade, but only now in the past year is this information being taken seriously.

I have seen a propaganda meme flooding onto discussion boards recently in reference to alternative economists, and it goes a little something like this:

“Alternative economists are doom and gloomers that have been wrong for 10 years, but a broken clock is still right twice a day…”

I find this disinfo argument somewhat hilarious because of the extraordinary level of dishonesty inherent in it, but I also find it revealing in a way.

First, let’s be clear, if alternative economists had only been stating in some broad and unspecific way that "someday" there would be a disaster caused by an undefined "something", then there might be basis for the argument above.   This is not the case.  In fact, many of us have been very specific in our predictions, in terms of how the ongoing economic downturn would develop and what catalysts would trigger the next phase of the crash.

For my part, I outlined in 2015 that the Federal Reserve would undertake a policy of interest rates hikes and fiscal tightening, and that they would pursue this action until markets, long supported by cheap debt, finally broke under the pressure.  Months before Trump's election I stated that Donald Trump would in fact be president and that the Fed would accelerate tightening during his administration.  At the beginning of this year I predicted that Fed tightening would result in massive stock market reversal (worse than the 2008 crash) in 2018.   In September I refined the timing of this crash to begin in the final quarter of 2018.

These are not vaporous or inconclusive statements, these are very direct predictions.  And, other economists in the liberty movement have similar analysis.

The fact is, alternative economists have been RIGHT for the past 10 years and have been far ahead of the mainstream in terms of predicting fiscal trends based on real data. As I have always said, economic collapse is a process, not an event. It’s something that happens in stages or phases over time, not something that occurs overnight or in the span of a few days. People who think that a national or global disaster is a sudden and inexplicable affair watch far too much television. They also don’t understand that the historic moments of “crisis” we read about in books are the culmination of years of decline.

Most, if not all, crashes are preceded by YEARS of warning signs that should have been heeded at the time but were mostly ignored.

Throughout the 1920s, Austrian economist Ludwig Von Mises predicted the collapse of the German Mark as well as the stock market crash of 1929. In 1931, after the initial crash, he also predicted that central bank interventions through interest rate increases and other measures would prolong the disaster rather than end it. Mises saw the danger well in advance, but he was ignored until it was too late. His writings from this time period can be studied in a published collection titled ‘The Causes Of Economic Crisis‘.

Was Mises a “broken clock” that just happened to be right after years of incorrect predictions? Looking back on the complexity of the events of that era and how Mises was able to correctly outline how they would play out years ahead of time, this argument is clearly nonsense.

Before the credit crash of 2008, there were multiple alternative economists warning about the dangers of the derivatives bubble and the coinciding mortgage debt bubble. Some of them many years before the negative effects became visible in stock markets. All of them were laughed at or ignored right up until the crash, and even after it became obvious that these analysts were correct in their predictions, the mainstream still tried to snub them.

As is often the case, mainstream gatekeepers in economics promote false data as a means to “mold” public perception, thus aiding central banks and governments in inflating financial bubbles and perpetuating destructive fiscal practices. But once the fantasy comes tumbling down, they still seek to remain relevant.

They deflect blame by claiming “they had always seen the crisis coming”, or that "no one saw it coming".

They often claim they were there, “on the front lines,” fighting to educate the masses. And sometimes this is true — the mainstream does tend to shift its rhetoric mere weeks or months before the crash happens. They were never on the front lines. They didn’t see the train wreck coming. They are Johnny-come-lately coattail riding weasels that are seeking to protect their legacies rather than protect the populace from harm.

These people downplay the work of far better men and women in the alternative field as a means to elevate themselves and their fragile reputations.

I believe the “broken clock” narrative is a coordinated disinformation campaign; an attack on analysts who, like Ludwig von Mises, have been accurately predicting the process of collapse for years. It is designed to inoculate the public to the alternative media just before they are about to be proven correct beyond a doubt. In other words, someone knows that the ongoing collapse is becoming more obvious to the public and that, by extension, alternative economists are about to gain more attention.

We can’t have that, now, can we?

If alternative economist predictions receive the attention they deserve, the risk for the establishment is that some of our solutions might be taken seriously as well. Solutions like the concept of decentralization and localization of production, a gold backed currency system, the imprisonment of the banking elites that caused the crash in the first place, etc.

When all is said and done, mainstream gatekeepers hope that the alternative media and our work will be forgotten as “doomsday ramblings;” that one time we got lucky, but that we should be dismissed otherwise. The people who work diligently in the alternative field are meant to be discouraged — to give up. We are supposed to feel like modern day Cassandras, cursed prophets that offer correct predictions of the future that no one listens to. We are supposed to throw our hands up in the air and quit.

I don’t see this 4th Gen warfare tactic as being very successful though. The establishment banks and the economists that pander to them have burned up all their goodwill and social capital. They have been wrong so much and so often that the public is looking elsewhere for their information. This has led to the explosion of interest in alternative economic analysis that is occurring today.

The broken clock lie tells me two things:

One, it tells me that the system is about to fail to the point that it can no longer be covered up or denied.

Two, it tells me that the establishment is worried about the amount of influence the alternative media will have as the crisis unfolds.

For the past 10 years we have been correct in our analysis, and the danger for the elites is that the wider public might find out.

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Friday, October 26, 2018

Forced Sterilizations In Peru - Paid For By US Taxpayers

ORIGINAL LINK

Authored by Ryan McMaken via The Mises Institute,

In countries under heavy US influence or occupation, the US government has a habit of pushing political programs that would be too unpopular to implement in the United States.

In Japan, for example, the US occupation after World War II offered an opportunity for American bureaucrats to push abortion policies they couldn't win support for in the United States.

As part of a larger agenda of pushing a Japan-style New Deal and other US-styled interventionist policies, the US occupiers were more than happy to help the new Japanese regime impose a eugenics-friendly program designed to combat alleged overpopulation. According to Holly Coutts:

The centralized government in Japan, coupled with a political culture infused with socialist ideas and traditional loyalty to a strict hierarchy, allowed policymakers to create a far-reaching program. This same type of program was impossible in the US and South Korea [another country under heavy US influence] as it would not have corresponded to their public ideas...

Japan would become the first country to legalize abortion for socioeconomic reasons.

But, at least in these cases, women, for the most part, took part in these programs voluntarily - the aborted children, of course, were not consulted.

But consent on the part of the women apparently doesn't trouble American policymakers when it comes to funding and supporting population-control policies in foreign countries.

Forced Sterilizations in Peru — Paid for by Americans

In recent months, mainstream media outlets have been highlighting the rarely-mentioned forced sterilizations that took place during the Alberto Fujimori years. Part of the renewed interest is due to the fact that Fujimori, who is 79-years-old, and back in prison after a failed attempt at a pardon, now faces charges for his part in the sterilization program. The program is said to have lead to the forced sterilization of over 200,000 women in the late 1990s.

Like many programs aimed at reducing fertility and population growth, the program was largely aimed at lower-income women and members of indigenous populations living in the Peruvian highlands.

And, as with so many government coups and policies of questionable morality found in Latin America, we find the hand of the US government. The National Catholic Registereported on Tuesday that the US Agency for International Development — the US's primary foreign "aid" agency — had essentially taken control of the Peruvian national health system during the period of the sterilizations:

An unsettling aspect of the entire Peruvian campaign is the involvement of the U.S. government. The specific agencies that were involved in Peru’s sterilization campaign were the U.S. Agency for International Development (USAID), the United Nations Population Fund (UNFPA) and the NIPPON Foundation (a Japanese nonprofit). It is known that UNFPA donated $10 million for the forced-sterilization campaign.

“An important document was published by E. Liagin with the title ‘USAID and Involuntary Sterilization in Peru,’ in which she analyzes the action[s] made between 1995 and 1997,” said Polo. “According to her, ‘the internal archives of USAID show that in 1993 the United States basically took charge of the national health system of Peru. … The bilateral accord of 1993 that put the United States in such advantageous position, known as Project 2000, was signed by the Peruvian and American authorities in September 1993 and was effective for seven years, ending in 2000. An examination of this document shows that USAID-PERU, the office in Lima of USAID, was in any conceivable form in control of the Peruvian health sector, before and during the years that the abuses took part.’”

In the case of Japan, Coutts notes that "Japan's eugenic legacy caused [a focus] on abortion among the poor and inferior when dealing with their perceived population problem."

It appears that Peru in the 1990s fell victim to similar sentiments.

International planners, of course, have long been notable for a belief that much of the world is overpopulated and that this problem must be "solved" with government action. USAID workers may have sensed an opportunity to partner with the Peruvian regime — which itself viewed the impoverished Indians in the Andean highlands as "problematic" — in efforts to implement a eugenics program in Peru. It's not a coincidence that efforts at combating overpopulation usually end up targeting ethnic and socio-economic groups most lacking in both economic and legal resources.

Similar programs, of course, would face widespread opposition in the US. The brief history of eugenics here in the US is heavily tainted with a legacy of white-supremacist and anti-poor-people sentiments. Moreover, forced medical procedures are unpopular, as we can see even today in the ongoing opposition to mandatory vaccinations.

Nevertheless, forced sterilizations in the name of "improving" or shrinking the global population has long been an element of Progressive politics in the US as is well documented in Angela Franks's 2005 book Margaret Sanger's Eugenic Legacy: The Control of Female Fertility.

In the US, though, objections arising from either religious beliefs or politically laissez-faire sentiments have led to problems with implementation in the US. But poor Indians in rural Peruvian villages are much easier targets, and USAID likely knew it. The end result was American taxpayers once again found themselves paying for government policies that they would never want implemented in their own communities.

The Peruvian case is especially horrific because so many of the sterilizations were forced. But, even if only subsidized or "encouraged," programs of this sort are nothing more than government attempts at central planning of demographics.

This fact was emphasized by Ludwig von Mises who noted that population-control programs are, ultimately, attempts by government planners to determine who gets born and when. This motivation, Mises wrote, is not qualitatively different from what drove some of the world's most horrific regimes in their own attempts at eugenic planning:

It is vain for the champions of eugenics to protest that they did not mean what the Nazis executed. Eugenics aims at placing some men, backed by the police power, in complete control of human reproduction. It suggests that the methods applied to domestic animals be applied to men. This is precisely what the Nazis tried to do. The only objection which a consistent eugenist can raise is that his own plan differs from that of the Nazi scholars and that he wants to rear another type of men than the Nazis. As every supporter of economic planning aims at the execution of his own plan only, so every advocate of eugenic planning aims at the execution of his own plan and wants himself to act as the breeder of human stock.



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Nation Hypnotized in Horror by Toy Bombs While Killing Civilians With Real Ones

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Media headlines have been dominated for the last two days by the news that pipe bombs are being sent to Democratic Party elites and their allies, a list of whom as of this writing consists of Bill and Hillary Clinton, Barack and Michelle Obama, Joe Biden, George Soros, Maxine Waters, Eric Holder, Robert De Niro, and the CNN office (addressed to former CIA Director John Brennan who actually works for NBC).



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