Tag Archives: progressives

Jul 1 2019

Self-Lynching of Jussie Smollett: Video Shows Empire Star Wore ‘Noose’ Until Cops Arrived


Published on Jul 1, 2019

Newly-released video shows that former Empire actor Jussie Smollett wore a piece of rope — characterized as a ‘noose’ — until Chicago police arrived on the night he ‘fell victim’ to an alleged racist and homophobic attack. With questions still unresolved about Smollett’s apparent self-lynching, the men of Right Angle consider the implications of the video. Right Angle’s production and distribution is almost completely funded by a band of devoted conservatives who contribute to make it happen. If you think pushing back against the Progressive narrative and misinformation is important, join us at https://BillWhittle.com/register/
Jul 1 2019

Were Traders Forged in the Pits of Old?


Armstrong Economics Blog/Opinion

Re-Posted Jul 1, 2019 by Martin Armstrong

QUESTION: Mr Armstrong, love your blog, as with all your readers its opened my eyes to new ideas and ways of looking at the world.
I’m a recent computer science graduate who’s very interested in finance and trading so I read your blog every day and have a subscription to Socrates. I read a post where you said the soul of traders was forged in the pits, how does a new kid like me go about learning to trade really well in the age of tech? How does a computer science guy like me advance in the direction of finance and computer science like you have?
JB

ANSWER: I was told I had the last TransLux ticker-tape in the country. They came to my office and said they were taking it out. They would no longer support that service. Yes, I used to do my charts by hand in the 1970s. When the screen appeared in the ’80s, I still kept my paper tape. I would learn to trade from the sound. If something would be happening, it would sound like a machine-gun constantly shooting. Quiet days it would tick, tick, pause, tick.

I believe it was the sound that helped me learn to trade. I would just get a “feeling” or sixth-sense so to speak. You could smell the blood on the floor by the tape.

Trading in the pits was like playing poker. You had to read the faces around you and get a sense if they were bluffing or real. That was the real trader environment. You had to know when to press and when to fold.

I have some ideas to help with getting that sixth-sense. It is on my bucket list of things to accomplish. I am trying to pass on what I have learned before it is my time to pray to beam up, please.

With pit trading closing and moving to electronic, we are losing a lot. I fear the next crisis for there will be even less liquidity with people only looking at screens. It will lack the “feeling” and the smell of blood on the floor to know when the trend will shift.

Jul 1 2019

German Real Estate – the Peripheral Market Rally


Armstrong Economics Blog/Real Estate

Re-Posted Jul 1, 2019 by Martin Armstrong

QUESTION: During the WEC I came to understand Real Estate will crash. Then when looking at Socrates, it shows real estate indices, however I do not recognise these trends. First I thought they were in $, I need to translate them to euro base to recognise the trend. But no, the real estate indices in Socrates are in terms of euro already and going down, while currently prices are again going thru the roof. Can you please explain what I am missing here?

M

ANSWER: It all depends upon which market you are looking at. The core markets where there was a lot of speculation like Britain saw a peak in 2015 and has been declining. London is far worse. The German market was not the object of massive foreign capital inflows. They were primarily internal shifts within the Eurozone. I was in Bavaria recently and looked at houses and I thought they were cheap in comparison to the United States.

Nevertheless, the rise in the German market has been about 50% since 2015. When we look at it in dollars, the gain is about 10% less. Insofar as German real estate, it has been a peripheral market to the speculation. That means it will rise after others decline.

Keep in mind that as the currency weakens, tangible assets become the haven.

 

Jul 1 2019

Solving the Homeless Problem


Armstrong Economics Blog/Opinion

Re-Posted Jul 1, 2019 by Martin Armstrong

QUESTION:

Hi,

Enjoy your blog. Can you explain the cause of homelessness in the US and what should be the cure?

Thank you

Brian

ANSWER: Many of the homeless are not exactly social. Every time I drove into Philadelphia, I always saw the same man on the street with a sign saying he was homeless. He seemed to have all day to stand there with traffic, so the real question is why would he prefer to do that than just get a minimum wage job? When I was growing up in my home town in the 60’s, there was a woman who pushed her shopping cart around and slept outside. Everyone got really upset when they found out her son was a doctor in the next town. He replied that he tried everything but she would not come inside. She died, and when they took all the boxes in her cart away they found over $200,000 in cash. Obviously, she seemed to be homeless as a matter of choice.

I would not pretend to be able to reduce the entire issue to a single simple solution. There are clearly mentally ill people among them, others down on their luck, and then there are the frauds. I have offered to buy food for some who claimed to be hungry only to be rebuked. I am not sure. I met a guy who played the violin really well. You could tell he had class and style. I gave him a $100 tip in his cup and he started to play very livelily.  I suppose you could set up shelters and outlaw people on the street. Then perhaps you might be able to sort them out. There are certainly different reasons and we cannot create a one-size-fits-all approach to that problem.

Jul 1 2019

The International Criminal Court the US Refuses to Recognize


Armstrong Economics Blog/Rule of Law

Re-Posted Jun 30, 2019 by Martin Armstrong

 

Jul 1 2019

The Struggle is Real: Crazy, Creepy, Spank-Me and How Position themselves for 2020…


Re-Posted from The Conservative tree House on June 30, 2019 by 

In the aftermath of the first set of Democrat debates, the strategy of the institutional democrats and their media assets gains a little clarity.

Senator Elizabeth Warren emerged unscathed thanks to her wounded-Indian routine and generally safe position on the first night of the foray.  Warren’s minority status, when combined with the baffle-em’-with-BS routine, appeared to align with pre-debate intents.

Senator Harris took Biden’s scalp knocking a solid ten percent from his pre-debate pollingby accusing him of toxic whiteness/institutional racism.  Ever the opportunist, Spank-Me positioned herself as the heir-apparent to the grievance vote.  Booker attempted to regain grievance position, but his ethnic linguistics only made him look silly.  Down twinkles.

Facing a left-wing surge, communist Senator Sanders angrily demanded the electorate embrace full anarchy; but his messaging fell short, again.  Something about the joy of bread-lines, and shared misery combined with a Starbucks Latte, doesn’t seem to hold appeal beyond the Antifa and Occupy groups.   However, the unattended and overindulged children of the limo-liberal community will not easily stop supporting Che’ Bernie.

Creepy Joe was/is under constant attack and now appears to have underestimated the motives of those who pushed him into fray.  The anger crowd need a target for their rage and gropey Joe is the perfect candidate to personify everything they can project upon old white men.  Once they kill off Creepy, watch out Crazy – they’ll come for him soon.

It appears, based on the immediate narratives and media smoke-signals, the clans want ‘Spank Me‘ and ‘How’ to gain maximum traction.

The percentage of Democrats who say they would vote for former Vice President Joe Biden if the presidential race were held tomorrow slipped by 10 points after the first primary debate.

According to a Morning Consult/FiveThirtyEight poll of likely Democratic voters released on Friday, 41.5 percent said before the debates they would vote for Biden tomorrow, but 31.5 percent said the same thing after Thursday night’s debate.

The apparent decline in support comes after Biden was widely seen as having faltered, including engaging in a stark exchange with Sen. Kamala Harris (D-Calif.) over school busing.

Harris herself got a nearly 9 point bump, with 16.6 percent of Democrats saying they would support her after the debate, up from 7.9 percent before the events.

Other 2020 candidates had marginal increases or decreases. (read more)

 

Jun 30 2019

Darwin’s Demon: Tech Devolution Makes Your Grandchild Look Like ‘Mindy’


Published on Jun 28, 2019

Will smartphones and other technology make your grandchild look like ‘Mindy’ — a tech-driven dsytopian vision of species devolution with a pronounced hunch, thickened skull, extra eyelid, ‘tech claw’ and other adaptations that conjure a creature which might be called Darwin’s demon. Some say Mindy already walks among us. If you’re of a more conservative posture, you might enjoy the fellowship of Members who make this show. Sign up today. Try it for 30-days. If you don’t feel like you’ve found your people, and a place where reasoned thought, civil dialogue, and fun, make life better for you and the Republic, then just write us for a full refund. It’s a no risk proposition. Join now at https://BillWhittle.com/register/
Jun 30 2019

The Vanishing American Adult


Published on Jun 13, 2017

Recorded on June 2, 2017 Senator Benjamin Sasse joins Peter Robinson to discuss his book The Vanishing American Adult and the growing crisis in America of prolonged adolescence. Senator Sasse argues that children are growing up, entering adolescence, and becoming stuck in the transitional stage to adulthood as they fail to become financially independent from their parents. He argues that because this generation of children is growing up during a time of relative peace and prosperity, it has allowed millennials to grow up without the issues of previous generations that were raised in war time. In this era of consumption and material surplus, he argues that adolescents are leading age-segregated lives and not developing a work ethic and that both their parents have an obligation to teach their children to grow up. Furthermore, he stresses the importance of intergenerational learning by allowing children to be raised around their grandparents and other adults to help them learn that the trivial trials of youth don’t matter in the long run. Senator Sasse believes that there are certain virtues that American children have to learn to become productive and happy adults. Part of that is by teaching children the distinction between production and consumption and how to find happiness and self-worth through jobs that make one feel like a necessary part of the company/society. This, he argues, will help raise peoples’ self-worth and lead them to happiness and fulfillment in their everyday. Senator Sasse finishes by stressing the importance of building children’s identities as readers to help foster the growth of ideas and active learning over the passive activities of sitting in front of screens. He notes that sedentary life is not fulfilling and that by encouraging people to participate in production over consumption will lead to more fulfilling lives. He ends on the optimistic note, that while our youth may still need guidance, overall America’s best days still lie ahead. For the full transcript go to http://www.hoover.org/research/vanish…
Jun 30 2019

Bernie Sanders to Wipe Out All $1.6 Trillion in Student Loans, Offer College Free


Published on Jun 26, 2019

Democratic socialist presidential candidate Bernie Sanders says he’ll wipe out all $1.6 trillion in student loan debt, plus offer college and trade school for free. Won’t 45 million Americans who still owe for college just love Bernie’s plan?
Jun 29 2019

Who Dares Say He Believes in God?


Published on Jun 8, 2019

And Jesus said unto him, Why callest thou me good? there is none good but one, that is, God. (Mark 10:18; see also Luke 18:19). Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven. (Matthew 7:21, KJV). I have been asked many times by many people if I believe in God. I don’t like this question. I generally respond by stating that I act as if God exists, but that’s not sufficiently true. Who could do that? Who could conduct themselves with the moral exactitude and care necessary of someone who would dare to make that claim? Either claim? In any case, after being asked the question yet again, when I was in Australia, I decided to attempt to answer it in some detail. This lecture, one of the 12 Rules for Life tour talks, was delivered in Sydney Feb 26, 2019, at the International Convention Centre. It was one of six I had professionally video recorded. Five of the six will be released directly on thinkspot, our new social media platform (to be announced in mid-June), as a bonus for direct subscribers (not to worry; there are still more than 50 to be released as audio on the Jordan B Peterson podcast at http://bit.ly/2HUdgnc, so it’s not as if there will be any shortage). But I thought YouTube would be appropriate for this, given the potentially broad interest in the topic. I’ve made a new playlist for it, too, entitled On (my) Belief in God. Three videos make up that playlist: this one, a 20 minute talk I did for the Prager summit in May of 2019 (https://youtu.be/vwKCK5EhibM), and an interview/discussion I had with Dennis Prager at the same event (https://youtu.be/j0GL_4cAkhI) I would recommend watching them in the playlist order, which will be this lecture first, then my Prager talk, then the interview, if you’re interested in doing so. I think they make a good group.The idea of belief in God is of extreme importance. I hope that these lectures and interviews add to everyone’s understanding of my position and why I hold it. As always, thank you very much for your continued support. The adjunct videos are also available on the Prager U site: the lecture at https://www.youtube.com/watch?v=avInT… the interview at https://www.youtube.com/watch?v=L47oJ… Thanks to the Prager U organization for the invitation and opportunity.