He Said That? 8/25/16

From Nigel Farage, British politician and former leader of the UK Independence Party, speech at a Donald Trump rally August 24, 2016 in Jackson Mississippi:

Germany Debates Putting “Troops On Streets” To Protect Against Terrorism, by Tyler Durden

Germany is headed in the same repressive direction as France and the US, and ostensibly for the same purpose: to battle terrorism. Unfortunately, the terrorism that’s the biggest concern is the kind in which governments engage. From Tyler Durden at zerohedge.com:

The quiet German militarization continues to escalate.

One day after Germany’s DPA broke the news that the Merkel government is considering “bringing back nationwide conscription in times of crisis”, such as situations in which the country needs to “defend NATO’s external borders”, strongly hinting at the possibility of a future war, which in turn followed this weekend’s shocking announcement that Germans should prepare to stockpile several days of food and water “in case of an attack of catastrophe” as part of the country’s revised “Civil Defense Concept, today NBC reports that “Germany Debates Putting Troops on Streets to Protect Against ISIS.”

To be sure, plans to involve soldiers in counterterrorism operations. and the suggestion troops could also be used to beef up security in public places, have proved controversial in a country only seven decades “removed from totalitarian rule that’s still grappling with guilt from the Nazi era.” However, Wolfgang Bosbach, a lawmaker from Merkel’s CDU party, dismissed an such concerns.

“During the recent terror threat in Munich the German armed forces, and also the military police, were put on alert,” he told NBC News. “They have been deployed in other crises, so why should the military not help with domestic security as well?”

German soldiers after taking part in a drill on June 29

A court decision in 2012 allowed Germany’s armed forces to be deployed at home for peacetime missions under an “extraordinary emergency situation of catastrophic dimension.”

While “Bundeswehr” solders have since helped during flooding as well as providing logistical support during the migrant crisis, deploying troops in peacetime among the broader population is sure to lead to far broader populist concerns.

While some politicians suggested the influx of migrants and refugees had created security risks and called for tighter border controls, others warned against overreacting. Boris Pistorius, the justice minister in the state of Lower Saxony, told Die Welt newspaper that the three incidents in a week span “should clearly be distinguished” and that he would refrain from describing “the series of very different attacks as a wave of violence.”

He added: “We are not there yet.”

But Interior Minister Thomas de Maiziere stated that Germans are “living in difficult times” and that police forces are already “overstretched.”

Defense Minister Ursula von der Leyen recently announced that the German military would conduct counterterrorism training with police later this year. “There are scenarios we couldn’t imagine before the attacks of Paris or Brussels but that we must address openly and for which we must prepare,” she said.

To continue reading: Germany Debates Putting “Troops On Streets” To Protect Against Terrorism

What Can We Say About a System that Criminalizes a Safe Painkiller (0 Deaths) and Promotes Big Pharma Opiates that Have Killed 165,000 Americans? by Charles Hugh Smith

The never ending war on drugs must continue to be fought and marijuana must continue to be criminalized, because its safer and more effective than a lot of legal painkillers and legalization would threaten drug company profits. From Chareles Hugh Smith at oftwominds.com:

So when will the citizens wake up to the criminality of their government in favoring killer corporate opiates over safe natural painkillers?

Set your mindset to objective and come with me to the little-known but plucky nation of Lower Slobovia. The residents of Lower Slobovia have two choices when they are suffering from chronic pain:

1. A natural, non-addictive medication that they can grow themselves that has never caused a single fatality due to overdose, adverse reactions or mixing with other drugs (polypharmacy), or

2. synthetic opiates manufactured by pharmaceutical corporations that are highly addictive, trigger multiple adverse reactions, manifest dangerous polypharmaceutical attributes and have killed over 165,000 people in the past 15 years– 28 times the nation’s 5,790 combat deaths in recent military conflicts.

The corporations manufacturing and distributing the synthetic opiates as “safe” hid the truth about their medications from doctors, patients and the media: ‘You Want a Description of Hell?’ Oxycontin’s 12-Hour Problem (via John F.) OxyContin’s stunning success masked a fundamental problem: The drug wears off hours early in many people, a Los Angeles Times investigation found. OxyContin is a chemical cousin of heroin, and when it doesn’t last, patients can experience excruciating symptoms of withdrawal, including an intense craving for the drug.

So take a guess which class of drugs is perfectly legal and widely promoted by Lower Slobovia’s healthcare system, and which one is classified as a restricted Schedule 1 drug by the nation’s Drug Enforcement Agency (DEA), i.e. as dangerous as heroin?

I suspect you saw this coming, right? The natural painkiller that never killed a single soul and can be grown at home is criminalized, while the drugs that have already killed 165,000 people (a number that grossly understates the total number of deaths at least partly attributable to synthetic opiates) and addicted and/or harmed millions of other users is perfectly legal, declared “safe” by the pushers (oops, I mean pharmaceutical manufacturers) and the government, and distributed in the tens of millions of doses by the “healthcare” system.

Lower Slobovia’s DEA, the corporate manufacturers of the killer-opiates and its healthcare system that slavishly distributes millions of the killer pills should be immediately escorted to Devil’s Island and left to rot, right? And the insane laws reversed so the killer corporate synthetic opiates are declared Schedule 1 and heavily criminalized, and the natural nobody-dies painkiller legalized and distributed, right?Isn’t this obvious? Yes, I realize cannabis and opiates are not apples to apples, but you get the point–the drugs that have killed more than 165,000 people and ruined the lives of hundreds of thousands of others should be on Lower Slobovia DEA’s Schedule 1 of criminalized drugs instead of being passed out like candy by its “healthcare” system– a distribtion that has reaped tens of billions of dollars in sales and profits for the pharmaceutical sector.

To continue reading: What Can We Say About a System that Criminalizes a Safe Painkiller (0 Deaths) and Promotes Big Pharma Opiates that Have Killed 165,000 Americans?

The Bizarre Media Blackout Of Hacked George Soros Documents, by Investors Business Daily

The release of hacked George Soros’ documents didn’t reveal much that hadn’t already been revealed in various alternative media outlets. What was revealing is that the mainstream media ignored it. From the editorial board at Investors Business Daily via investors.com:

Scandal: Leaked documents released a few days ago provide juicy insider details of how a fabulously rich businessman has been using his money to influence elections in Europe, underwrite an extremist group, target U.S. citizens who disagreed with him, dictate foreign policy, and try to sway a Supreme Court ruling, among other things. Pretty compelling stuff, right?

Not if it involves leftist billionaire George Soros. In this case, the mainstream press couldn’t care less.

On Saturday, a group called DC Leaks posted more than 2,500 documents going back to 2008 that it pilfered from Soros’ Open Society Foundations’ servers. Since then, the mainstream media have shown zero interest in this gold mine of information.

We couldn’t find a single story on the New York Times, CNN, Washington Post, CBS News or other major news sites that even noted the existence of these leaked documents, let alone reported on what’s in them.

Indeed, the only news organization that appears to be diligently sifting through all the documents is the conservative Daily Caller, which as a result has filed a series of eye-opening reports.

So what could possibly explain the mainstream media’s disinterest?

Is the problem that the material is too boring or inconsequential? Hardly.

As we noted in this space on Monday, the leaked documents show how Soros’ far-flung international organizations attempted to manipulate Europe’s 2014 elections. The “List of European Elections 2014 Projects” details over 90 Soros efforts he had under way that year.

The documents reveal that Soros has poured nearly $4 million into anti-Israel groups, with a goal of “challenging Israel’s racist and anti-democratic policies.”

Here at home, they show that Soros proposed paying the Center for American Politics $200,000 to conduct a smear campaign against conservative activists.

More recently, an October 2015 document came to light showing that Soros’ Open Society U.S. Programs had donated $650,000 to “invest in technical assistance and support for the groups at the core of the burgeoning #BlackLivesMatter movement.” Since then, several BLM protests have turned violent.

That same document details how this group successfully used its “extensive networks” to pressure the Obama administration into increasing the number of refugees it would take to 100,000, despite concerns that Islamic terrorists could use the refugee program to infiltrate the U.S.

A separate memo details how Soros tried to use his clout to sway Supreme Court justices into approving President Obama’s unilateral effort to rewrite immigration law. “Grantees are seeking to influence the Justices (primarily via a sophisticated amicus briefs and media strategy) in hopes of securing a favorable ruling in U.S. v Texas,” the memo, dug up by the Daily Caller, states.

Anyone with this much power and influence demands close media scrutiny. Particularly when he has extremely close ties to the would-be next president of the United States.

This year alone, Soros has given $7 million to the Clinton-supporting Priorities USA super-PAC, and a total of $25 million to support Democrats and their causes, according to Politico.

To continue reading: The Bizarre Media Blackout Of Hacked George Soros Documents

 

Barack Obama may have finally destroyed America’s #1 advantage, by Simon Black

Having the world’s reserve currency and being able to issue debt in unlimited amounts in your own currency is like being the banker in Monopoly and being able to give yourself unlimited cash. From Simon Black at sovereignman.com:

In July 1944, just weeks after the successful Allied invasion of Normandy, hundreds of delegates from around the world gathered in Bretton Woods, New Hampshire to determine the future of the global financial system.

The vision was simple: America would be the center of the universe, and every other nation would revolve around the US.

This arrangement ultimately led to the US dollar being the world’s dominant reserve currency which still remains today.

Whenever a Brazilian merchant pays a Korean supplier, that deal is negotiated and settled in US dollars.

Oil. Coffee. Steel. Aircraft. Countless commodities and products across the planet change hands in US dollars, so nearly every major commercial bank, central bank, multi-national corporation, and sovereign government must hold and be able to transact in US dollars.

This system provides a huge incentive for the rest of the world to hold trillions of dollars worth of US assets– typically deposits in the US banking system, or US government bonds.

It’s what makes US government debt the most popular “investment” in the world, why US government bonds are considered extremely liquid “cash equivalents”.

As long as this system continues, the US government can continue to go deeper into debt without suffering serious consequences.

Just imagine being totally broke… yet every time you want to borrow money there’s a crowd of delighted lenders eager to replenish your wallet with fresh funds.

This may be the US government’s #1 advantage right now.

You’d think that they would be eternally grateful and take care to never abuse this incredible privilege.

But no… not these guys.

In fact, they’ve done the exact opposite. Over the last eight years the US government has gone out of its way to eliminate as much of this benefit and alienate as many allies as possible.

They’ve abused the trust and confidence that the rest of the world placed in them by racking up record amounts of debt, waging indiscriminate wars in foreign lands, and dropping bombs on children’s hospitals by remote control.

They’ve created absurd amounts of regulations and had the audacity to expect foreign banks to comply.

Plus they’ve levied billions of dollars worth of fines against foreign banks who haven’t complied with their ridiculous regulations.

(Last week, for example, New York state financial regulators fined a Taiwanese bank $180 million for not complying with NY state law.)

And they’ve threatened to banish any foreign banks from the US financial system who don’t pay their steep fines.

Abuse. Deceit. Extortion. Not exactly great ways to win friends and influence people.

It’s as if Barack Obama pulled together the smartest guys he could find to make a list of all the ways the US government would have to screw up in order to lose its enormous financial privilege… and then he went out and did ALL of them.

To continue reading: Barack Obama may have finally destroyed America’s #1 advantage

 

Globalism Is A Barbaric Relic – Voluntary Tribalism Is The Future, by Brandon Smith

Decentralization and freedom are the way of the future. From Brandon Smith at alt-market.com:

have been writing rather extensively about the ideology of globalism in recent months, primarily because the battle lines between sovereignty and global centralization have never been more defined than they are in 2016. In the past, globalists have often hidden the true motives of their cult; namely the goal of erasing national borders and all remaining vestiges of self governance. Normally, they would only pronounce the great advantages of globalization while dancing around the fact that millions of people will not accept it. Today, however, the globalists have come out in direct confrontation with supporters of sovereignty.

After the Brexit referendum, a new tone appears to have been set. The elites have now entered the mainstream media to state in essence that yes, they are globalists, they want total centralization and they are here to fight a philosophical and/or physical battle with those they call “populists” (also known as conservatives and sovereigns).

When they have discussed globalization in previous years, it has always been presented as some kind of natural progression of events rather than an agenda. The first secret of elitist propaganda is their constant assertion that globalism is “inevitable;” that it is foolish to fight against it because it is the unavoidable future evolution of mankind. The fact is that if globalism is so inevitable, the elites would not need to expend trillions in capital and decades of energy trying to fool the masses into accepting it. If globalism is inevitable, couldn’t the elites simply lay back in their pool-side cabanas, sip their dry martinis and just watch it all unfold on its own?

Instead, the elites have foisted globalism upon the shoulders of the public, and are by some indications preparing for outright war in order to force us “populists” into compliance.

The second secret of elitist propaganda is their strategy to disguise centralization as decentralization. For instance, the new globalist claim is that a shift away from a system in which the dollar is the world reserve currency into a system in which a basket of currencies becomes the world reserve is a move towards a “multi-polar world.” Nothing could be further from the truth.

In reality, the basket currency system the elites are pushing for falls under the umbrella of the IMF’s Special Drawing Rights. Meaning a switch away from the dollar into the SDR will result in even MORE centralized power for the elites. That is not a multi-polar world; it is a uni-polar one.

It is schemes like this that expose the great weakness of globalism as an ideal — the elites cannot accomplish it without using deception and force against innocents. Such a philosophy is a failure by default.

The third secret of globalist propaganda is that they present the system as if it is a “new” idea. This is yet another lie. Globalism is merely another expanded form of centralization (or collectivism), and centralization has been the prevailing tool of cultural control for ages. If anything, the freely elected governments and voluntary tribalism of constitutional Republics is the newest and most advanced social concept in all of human history. Such systems present the potential for lasting decentralization, as long as participants remain vigilant to co-option by globalists.

Sadly, the people of America and the rest of the West have NOT been vigilant for quite some time, and today our experiment in sovereignty is being twisted, eroded and overrun.

To continue reading: Globalism Is A Barbaric Relic – Voluntary Tribalism Is The Future

The “Great Ideas are Dime a Dozen” Myth, by Dale B. Halling

If anybody has twelve great ideas, the kind that can make fortunes, send them to SLL and SLL will send you one thin dime. Dale B. Halling at thesavvystreet.com takes a look at invention and explodes an asinine bromide:

There is a popular myth that great ideas are a dime a dozen (see here, here, and here). I don’t know what a great idea is. Is a Dick Tracey watch or a nuclear-powered rocket a great idea? No, not if you don’t know how to implement them, then it is just a fantasy and unless you have a plot to go with it, it is not even a good fantasy story. However, I do know what a great invention is and they are not even a billion dollars a dozen. A great invention takes incalculable intellectual skill, years of training, years of hard work, and significant resources.

“Hey Mike—we’ve heard your ‘good ideas are a dime a dozen’ speech before. The electric light bulb, the cotton gin, the polio vaccine, the microcontroller, hell, the CAT scan, were all a dime a dozen.”

John, Venture Capitalist, Pendulum of Justice

It may be that such conjectures are popularized by people in the finance industry, who are looking to improve their negotiation position or are just too intellectually challenged to really know when an invention is great. It also inflates their self-importance.

The reality is that most people create almost nothing original in their lifetimes and this includes many people in finance, even if they personally get rich. It is only by raising our level of technology that we increase our per capita wealth and only inventors increase our level of technology. Great inventors create incalculable wealth and even if they become wealthy, what they receive in payment is a pittance to what they provide.

“In proportion to the mental energy he spent, the man who creates a new invention receives but a small percentage of his value in terms of material payment, no matter what fortune he makes, no matter what millions he earns. But the man who works as a janitor in the factory producing that invention, receives an enormous payment in proportion to the mental effort that his job requires of him. And the same is true of all men between, on all levels of ambition and ability. The man at the top of the intellectual pyramid contributes the most to all those below him, but gets nothing except his material payment, receiving no intellectual bonus from others to add to the value of his time.”

Ayn Rand, Atlas Shrugged

The concept “great ideas are a dime a dozen” may have been a spin out from Joseph Schumpeter who made a distinction between innovation and invention, while denigrating inventions and inventors.

According to Wikipedia:

Following Schumpeter (1934), contributors to the scholarly literature on innovation typically distinguish between invention, an idea made manifest, and innovation, ideas applied successfully in practice.

There is nothing inherently wrong with the distinction above, but the way it is applied blurs together a number of different skills. This blurring shows a misunderstanding of the process of innovating. Broadly speaking, innovation can be broken into two distinct sets of skills: creation and dissemination. By creation I mean creating something new, not production—which is re-creating something that has been created before.

To continue reading: The “Great Ideas are Dime a Dozen” Myth